The improvements are part of a masterplan that aims to bring hundreds of thousands more visitors to the complex, which includes the Indianapolis Museum of Art.
Lilly Endowment’s millions giving groups long-term footing
The Lilly Endowment awarded millions of dollars over the last three years to help several central Indiana human service agencies start endowments of their own.Read More
The Indianapolis-based private foundation announced Wednesday that Robert L. Smith will succeed Wallace “Ace” Yakey Jr., who is retiring June 30 after serving in the position since 2012.
The grants will help seminaries, universities and other organizations create or strengthen programs that help pastors build relationships with experienced clergy.
For Indianapolis to thrive, its businesses need to share their resources for civic-minded efforts, N. Clay Robbins told attendees Friday at the Engage Indiana event for corporate philanthropy.
A few dozen private college endowments could dodge a bullet with the sweeping tax bill approved by the Senate early Saturday morning after a last-minute amendment.
The local philanthropic foundation announced Wednesday that the funds would support the American Red Cross, Salvation Army, United Way Worldwide and United Way of Greater Houston.
The not-for-profits, some of which received as much as $10 million, include community centers, hunger relief agencies and social services groups. Most plan to use at least a portion of the money to create or fortify endowments.
The Indianapolis Center for Congregations Inc. will receive $1.57 million from Lilly Endowment Inc. to support a national program designed to help churches reach young adults.
The endowment announced plans Friday to provide up to $30 million over the next five years to support counseling programs in public and charter schools in Indiana.
A dozen funds that responded to requests for their returns for the first six months of fiscal 2016 showed an average loss of 3.8 percent. Indiana University’s loss was even larger.
TechPoint, an Indiana technology advocacy group, intends to use the money for internship and fellowship programs that create career connections in the state.
The foundation created by Cynthia Simon Skjodt and Paul Skjodt has endowed an international center focused on averting genocide.
The funds will help providers around Indiana improve curricula, build classrooms, educate parents about the importance of high-quality child care and education, and support professional development for teachers.
The endowment hopes to expand educational MBA programs, including one at the University of Indianapolis, to give business skills to more principals and superintendents at Indiana public schools.
More than two-thirds of its grants in 2013 went to groups in Indiana, according to the philanthropic organization’s newly released annual report.
The Lilly Endowment will give nearly $63 million in grants to 39 Indiana colleges and universities to boost job prospects for their graduates, pushing the endowment’s anti-brain-drain campaign to $120 million over the past decade.
Indianapolis Museum of Art CEO Charles Venable plans to cut costs and use major exhibits to boost attendance—a strategy aimed at reducing the museum’s reliance on investment returns and allowing its endowment to grow back to pre-recession level.