Big donor leaves Indianapolis Museum of Art board
The Indianapolis Museum of Art is losing endowment revenue at the same time prominent donor Wayne Zink, CEO of Endangered
Species Chocolate, has resigned from the board.
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Vera Bradley gives another $10M to IU cancer center
Previous gifts from the foundation to the cancer center have been used to hire 10 researchers working on breast cancer.
Wishard receives $6 million gift from Fairbanks
The Wishard Foundation said it has received a $6 million grant from the Richard M. Fairbanks Foundation that will be used to help fund construction of a new Wishard Hospital, if Marion County voters approve the project.
CICF lost more than its foundation peers in ’08
The $491 million Central Indiana Community Foundation has switched investment advisers after the market crash of 2008, a year
in which it saw greater losses than many of its peers.
New not-for-profit coffee shop in Fletcher Place will raise money for charities
The new coffee shop named for Calvin Fletcher, one of the city’s first lawyers, will give money to groups such as Second Helpings.
Gregory & Appel celebrates anniversary by writing 125 checks to charity
The awards of $500 each total $62,500. “In lieu of doing a party, it was more
appropriate and more the corporate culture of Gregory & Appel to do something charitable,”
Vice President Steve Appel said.
Anonymous donor gives $5 million to Marian University
Marian University has received an anonymous $5 million gift to support student scholarships, the Indianapolis-based school
announced Wednesday.
Purdue lands $10M gift for speech sciences facility
Purdue University says it will use a $10 million donation from a 1959 graduate to help build a new facility for its Department
of Speech, Language and Hearing Sciences.
Simon built mall empire from scratch, changed way America shops
Melvin Simon, who died at 82 on Sept. 16, grasped early on that creation of the nation’s interstate system would pave the way for
large, enclosed shopping centers.
Simon Foundation gives $1M to library literacy initiative
The Indianapolis-Marion County Public Library Foundation today announced that it has received a $1 million gift from the Herbert
Simon Family Foundation to expand its early childhood literacy initiative.
United Way calling on well-heeled to dig deep
After so many years of trying to tap every possible cubicle-dweller for donations, United Way of Central Indiana is putting
more effort into the richest veins in the workplace—the folks in corner offices.
Eli Lilly CEO, wife give United Way $1M gift
Eli Lilly and Co. CEO John Lechleiter and his wife, Sarah, have pledged to give the United Way of Central Indiana a total
of $1 million over the next four years as a “challenge to CEOs and other community leaders to step up their giving.”
Eli Lilly CEO, wife give United Way $1M gift
Eli Lilly and Co. CEO John Lechleiter and his wife, Sarah, have pledged to give the United Way
of Central Indiana a total of $1 million over the next four years as a “challenge to CEOs and other community leaders to step
up their giving.”
Riverside course proceeds support preschool
One of the city’s golf course operators, Bob Thompson, has donated his earnings from two facilities to a single charitable
cause the past 15 years.
Not-for-profits: Treat donors as investors
Nonprofit organizations should treat their donors as shareholders because they invest in the organizations just as shareholders do in public companies.
Family foundations represent nearly $1 billion in Hoosier assets
Although family foundations may grant as little as $50,000 in a year, these foundations wield influence over other philanthropists, and one advocate says they could help guide the spending of billions of economic stimulus money.
Arts leaders brainstorm for new funding streams
A panel convened by IBJ discusses the lack of funding dilemma and need for broad-based support in the Indianapolis arts community.
IU scores with ‘Philanthropy 50’ gifts
Two Indiana businessmen, Michael Maurer and the late Jesse Cox, made the Philanthropy 50 with enormous gifts to Indiana University in 2008.
Library foundation to launch $10,000 prize for Hoosiers
Indiana has its share of renowned dead writers, but the Indianapolis-Marion County Library Foundation is planning to recognize modern-day Hoosier scribes with a new and quite hefty prize.
Indy-art-loving lawyer pays studio rent for artists
Paul Hunt, a partner with Barnes & Thornburg, recently decided to pay seven months’ studio rent for two artists at Harrison
Center for the Arts. And the Columbia Club on Monument Circle is looking for new members.