Supporters say the rule will provide more transparency when city councilors vote on projects that benefit campaign donors. Critics say the change will benefit councilors who can bankroll their own campaigns.
Big-gift totals down significantly from prior years
While charitable giving increased overall last year, the number of million-dollar-plus gifts from individuals to Indiana organizations appears to have decreased.Read More
Last year, 45 donors gave big gifts worth nearly $411.6 million
Indiana University last year received some of its largest donations ever as it began to wind down its eight-year, $3 billion capital campaign.Read More
Butler raises $171M in campaign to support ‘new strategic direction’
The fundraising effort, named “Butler Beyond: The Campaign for Butler University,” hopes to raise at least $250 million overall by May 2022.Read More
Cultural Trail raises enough money to keep Ann Dancing
Indianapolis Cultural Trail Inc. officials announced Wednesday that they’ve raised enough money to keep a popular electronic piece of public art in operation for years to come.Read More
It’s the third round of major philanthropic gifts Scott has made, which together rival the charitable contributions made by the largest foundations.
Most of the biggest gifts of 2019 went to higher education institutions outside the Circle City, but not-for-profits in the Indianapolis area did snag a few seven-figure donations. Here are the top four local gifts. $5 million Recipient: Butler University Donors: Craig Fenneman and Mary Stover-Fenneman For: Several projects, including the upcoming expansion and renovation […]
An alumnus and former board of trustees chairman who made part of his fortune as a major Taco Bell franchisee has pledged a $5 million gift to Butler University, the university announced Tuesday.
Growth in charitable giving in the United States slowed in 2018, possibly as a result of the 2017 tax reform bill, according to an annual report that tracks American giving patterns. But the decline wasn’t as big as many predicted.
The donation will be used to establish the Miller Family Fund for Success, which will help support Goodwill’s education, health and employment programs.
A private equity firm executive and his wife have given Purdue University a donation to support the business analytics center in the Krannert School of Management, Purdue announced Tuesday.
The school will be called the Sidney and Lois Eskenazi School of Art, Architecture + Design following the record donation.
The art and nature campus is launching an array of projects to upgrade its offerings and public access, highlighted by an autumnal festival this fall including culinary attractions, horticulture displays, musical performances and films.
ProAct, an Indianapolis not-for-profit that focuses on engaging at-risk youth and corporations in public service projects, is trying to rebuild after a challenging year in which the entire board quit over disagreements with CEO Derrin Slack.
Two separate donations will help fund the McGould Investment Room in the Andre B. Lacy School of Business and the Matt White Court in the Efroymson Family Gym.
Most of the gifts—20 of the 27—went to higher education institutions. Only five were from named Indianapolis philanthropists. Two were anonymous.
The grants, which range from $1 million to $10 million, are expected to help the not-for-profits strengthen their long-term financial sustainability plans, the endowment said.
Kären Haley, executive director of the Indianapolis Cultural Trail, talks with guest host Anthony Schoettle about the timeline for the bikeshare expansion and why it was important to locate stations outside of downtown.
The worldwide online philanthropy movement, which falls on the Tuesday after Thanksgiving every year, generated more than $380 million in donations this year, which is more than double the $180 million raised just two years ago.
The contribution—the largest ever to any education institution in the United States—will allow Johns Hopkins to eliminate student loans in financial aid packages starting next fall.
Although Jim Hallett runs a business that sold 5.5 million used vehicles in 120 countries last year, he also knows firsthand what life is like without a car.
Purdue announced the gift Saturday during an event to celebrate homecoming and the kickoff of the school’s year-long 150th anniversary celebration, which is themed “Take Giant Leaps.”
The money will be used to create a super endowment that will help fund future projects in perpetuity, Franklin College President Thomas Minar said.