After pledging $62 million for a series of high-profile capital projects in and around Indianapolis, Eugene and Marilyn Glick’s charitable foundations are changing directions, making programs and services their top priority.
The current president will retire next June 30 but continue in an advisory role as the school begins to develop new educational approaches.
The grant came from a $45 million pool created by Lilly Endowment Inc. in 2008.
College costs continue to soar, putting more pressure on students. Jamie Merisotis, CEO of the Lumina Foundation, offers advice on how to keep them enrolled and engaged in school.
Key Indianapolis Museum of Art fundraiser Kathy Nagler has been hired as the first development director for Health Foundation
of Greater Indianapolis.
Simon Youth Foundation, a local not-for-profit, helps at-risk high school students across the country by partnering with local
school systems.
A good community foundation knows when there is an unmet need. After faith-based organizations, nobody is closer to understanding immediate needs better than a strong community foundation.
The foundation, founded by Dr. Chuck Dietzen, will absorb the Mercy Foundation, started by Dr. Mercy Obeime, in July.
Lilly Endowment announced Monday that its assets declined 7 percent, to $5.3 billion, in 2009, as the foundation continued
to lose money on Eli Lilly and Co. stock.
Ernest Vargo II’s Vargo’s top priority will be guiding the foundation’s $50 million capital campaign for the construction
of the new, $754 million Wishard Hospital.
Lilly Endowment has been a substantial Lilly stockholder for 73 years, so to focus on the past decade is a mistake.
Philanthropist Bill Cook will manage a $7 million restoration of the former Old Centrum building at
12th Street
and Central Avenue in Indianapolis, and the newly renamed Indiana Landmarks will move its headquarters there.
Historic Landmarks Foundation of Indiana is expected to announce Tuesday that it will move its headquarters to the Old Centrum
at 12th Street and Central Avenue in Indianapolis.
Jukes raises money so Ugandan children can attend secondary school through his Jukes Foundation for Kids.
The Women’s Fund of Central Indiana recently completed an endowment drive that raised $7 million, making the endowment one
of the largest of its kind in terms of assets.
Former Junior Achievement CEO Jeff Miller says Mayor Greg Ballard was about to hire him as a senior policy adviser, but comments
by Central Indiana Community Foundation President Brian Payne and current CEO Jennifer Burk ruined the offer.
The IU Foundation recently cut 18 of 201 staff members but nonetheless is looking at adding reinforcements in fund raising.
Once the nation’s wealthiest foundation, Indianapolis-based Lilly Endowment now ranks ninth among its grant-making
peers. The endowment’s value fell 15 percent last year, to an estimated $4.8 billion.
The Central Indiana Community Foundation has stopped payment on a $3 million grant to Junior Achievement because of accounting
questions.
Michele Thomas Dole has been a wealth adviser at JP Morgan Chase and development director of the IU Foundation.
