Broad Ripple not-for-profit launches emergency fundraising campaign
Joy’s House is trying to raise $559,000 by Nov. 1 after receiving far less than expected in corporate, foundation and individual donations this year.
Fundraising
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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.
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International School of Indiana lands $1.5M gift toward new elementary building
An Indianapolis private school is well on its way to reaching a $7 million fundraising goal that will help it unify its campus, thanks to a $1.5 million lead donation from Telamon Corp. CEO Stanley Chen and his wife, Allison.
Deb Simon—who will ‘do anything’ to beat Trump—donates $100k to young Democrats
The Carmel philanthropist says it starts by activating young voters, which is why she recently gave a significant donation to Indiana Young Democrats to help the group bring the Young Democrats of America National Convention to Indianapolis.
Annual growth in charitable giving slows as predicted
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.
Carmel to take legal action against Lucas Estate in party controversy
Forrest and Charlotte Lucas have continued to host not-for-profit events and what they say are private weddings at their West 116th Street property, despite being turned down for a zoning variance by the Carmel Board of Zoning Appeals in 2017.
UPDATE: Vonnegut museum tops fundraising goal for new building
The museum, which is currently homeless, signed a purchase agreement in February for a building at 543 Indiana Ave. It needed to raise $1.5 million to buy and rehab the building, and it passed that goal with hours to spare Wednesday.
Intelligent Fiber Network raises $13M to help fund expansion
The Indianapolis-based broadband provider raised the funds from some of its member-owners and a new owner: Wabash Valley Power.
Founder of FACE low-cost animal clinic accuses current leaders of mismanagement
Scott Robinson, a medical doctor who founded The Foundation Against Companion-Animal Euthanasia Inc. in 1993, has filed a complaint with the Office of the Indiana Attorney General.
IRT raises curtain on $18.5M fundraising campaign
The campaign already has collected $17 million in commitments from donors, officials said. About two-thirds of the ultimate goal is earmarked for beefing up the theater company’s endowment.
CICF, Hogsett seek $4M fund to provide wraparound services to formerly homeless
The fund is designed to tackle “the significant lack of service provider capacity” that grew after Indianapolis Mayor Joe Hogsett in 2017 launched an effort to provide 400 more housing units for the homeless.
Indiana lawmakers look at charity gaming regulations
The bill would allow for higher prize payouts and more not-for-profits to offer charity gaming.
Last year, 27 donors gave big gifts worth nearly $246 million
Most of the gifts—20 of the 27—went to higher education institutions. Only five were from named Indianapolis philanthropists. Two were anonymous.
Giving Tuesday has another record year despite tax law change
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.
Riley Children’s Foundation announces $175 million campaign
It’s the foundation’s first capital campaign since 2010, when it raised $200 million. The money will be used for pediatric research, patient care, maternity and newborn health, and family support programs.
Athenaeum Foundation hires successor for departing president
The Athenaeum Foundation on Thursday said it has hired an Imax Theater executive to succeed Cassie Stockamp as president.
Children’s hospital celebrates $50M dance marathon milestone
More than 100 colleges and high schools have participated in the dance marathon program since 1991, raising $50 million for Riley Hospital for Children.
Lucas estate controversy continues even as formal appeals process ends
Carmel officials say ongoing negotiations with Forrest Lucas regarding his Carmel estate have not been successful. Now, Carmel plans to enforce a zoning ruling that ultimately prohibited some special events.
Ball State changes mind about maintaining ties to Papa John’s founder
Ball State University’s board of trustees voted Thursday to change the name of the John H. Schnatter Institute for Entrepreneurship and Free Enterprise, almost two weeks after announcing plans to keep the name.
Small events build big war chest for Riley foundation
During the past 20 years, Riley Children’s Foundation has raised $500 million, the majority of which has been spent for pediatric research and patient programs at Riley Hospital.
UPDATE: Ball State to maintain ties to Papa John’s founder; Purdue won’t
Ball State University does not plan to change the name of the John H. Schnatter Institute for Entrepreneurship and Free Enterprise. Purdue, however, is following the lead of several other colleges that have distanced themselves from the controversial Papa John’s Pizza chain founder.