Articles

Symphony donors question giving amid contract dispute

The ailing Indianapolis Symphony Orchestra intends to step up annual donations 40 percent. But many longtime donors feel conflicted about future contributions as they await word on whether the ISO will scale back to part time.

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Charity watchdogs at odds with IUPUI professor

IUPUI economics professor Richard Steinberg stands by his philanthropic theory, despite seeing his fundraising principles speared by a charity watchdog group and then by a cable news network. At issue is his belief that charities are justified in spending heavily on fundraising, because doing so positions them for long-term success.

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United Way announces $40.8M fundraising goal

The United Way of Central Indiana has set a $40.8 million goal for its annual fundraising campaign, the group announced Friday. The Indianapolis-based not-for-profit is shooting to exceed last year’s campaign record of $40.6 million.

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United Way’s Annala planning ambitious final months

Ellen Annala has less than a year to lead United Way of Central Indiana through a multimillion-dollar fundraising campaign and launch a five-year strategy. At the same time, the not-for-profit’s board has its own challenge: finding someone to take over when Annala retires April 1.

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Performing arts center’s new chief to chase donations

Tania Castroverde Moskalenko, incoming CEO of The Center for the Performing Arts, turned a $500,000 deficit into a $300,000 surplus at her current organization in Tennessee. The 18-month-old Carmel center’s budget is almost seven times larger.

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Report: Charitable donations ticked up in 2011

Charitable giving grew 4 percent nationally in 2011, but the increase was less than 1 percent after adjusting for inflation, according to a report released Tuesday by the Giving USA Foundation and The Center on Philanthropy at Indiana University.

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Endowment’s resurgence emboldens IMA’s leaders

After three years of shrinking budgets, Indianapolis Museum of Art leaders are ready to leave the lean times behind. The IMA’s endowment, which has covered close to 70 percent of operating expenses, is on the rebound and reached $324 million at the end of last year.

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