The Central Indiana Community Foundation and The Indianapolis Foundation on Thursday announced new leaders who take over this summer after the retirement of Brian Payne, who has led the organizations for 23 years.
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The Liberty Fund said the former governor’s work will focus on the creation of educational programming and partnerships that will strengthen the not-for-profit’s existing education programs.
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Brian Payne, who is retiring from his longtime roles as CEO of the Central Indiana Community Foundation and president of the Indianapolis Foundation, said it was becoming clear that each position was growing into a full-time job.
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When the College Football Playoff National Championship visits a new city, the game’s philanthropic arm, the College Football Playoff Foundation, makes a legacy investment in local teachers.
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Payne, who spearheaded development of the Indianapolis Cultural Trail and recently refocused the community foundation on equity and inclusion issues, led CICF, affiliates and its individual funds through significant growth.
The gift is the largest ever received from a single foundation by Boys & Girls Clubs of America in its 160-year history, the group said.
Paying attention to what’s being sought in communities is a key component of trust-based giving, a concept in which funders and grant recipients collaborate.
The work of one of the foundation’s fellows has brought the Dolly Parton’s Imagination Library to Indiana.
The 14,000-square-foot store—Indy Fresh Market—will be run by two neighborhood entrepreneurs and located in an area that is designated a food desert.
Under state law, the Indianapolis Public Transportation Foundation is supposed to raise about $6 million per year to supplement revenue generated by a Marion County transit tax. So far, it’s well behind the goal.
The Central Indiana Community Foundation, which controls more than $800 million in charitable assets and helps direct the gifts from wealthy donors, laid out plans Wednesday for helping make the Indianapolis and Hamilton County more equitable for all residents.
The former financial coordinator of a charitable foundation operated by women’s fraternity Zeta Tau Alpha has been sentenced after pleading guilty to embezzling about $450,000 from the organization.
The Indianapolis-based philanthropic giant saw its assets increase to nearly $17 billion in 2019.
Sean Shelby will join Liberty Fund on Aug. 31, succeeding CEO and President Emilio Pacheco, who has led the organization since 2016.
The Indianapolis-based grant maker intends about 25% of the money to help organizations and initiatives in Indiana over three years. Half a million dollars already has been committed to the Central Indiana Racial Equity Fund.
Four years ago, CICF and the Indianapolis Foundation launched a pilot program to try to diversify local not-for-profit boards. Here’s the impact.
The endowment’s assets reached $15.1 billion at the end of 2018, pushing it ahead of the Ford Foundation and the J. Paul Getty Trust, which had assets of $13.1 billion and $13.2 billion, respectively.
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 Indianapolis-based foundation’s run-up solidified its position as one of the largest private charitable foundations in the country.
The donation from the philanthropic arm of tech firm Salesforce will be used to support career-development programs at Indianapolis Public Schools and Ivy Tech Community College.
The 5-year grant from Lilly Endowment Inc. aims to further advance Indiana’s northwest region as a leader in manufacturing, entrepreneurship, applied analytics and technology.
The Lilly Library at Indiana University—home to more than 450,000 rare books, 8.5 million manuscripts and 150,000 sheets of music—hasn’t had a significant interior renovation since it opened in 1960.
The foundation’s first class of fellows is preparing to graduate, after working on projects related to hunger, infant mortality, hate crimes legislation and talent recruitment. Now, it’s looking for as many as 20 innovators for its next class.
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.
