Welcome to the IBJ newsroom’s second annual Executive Gift Guide, a list that we hope will help you find the perfect thing for someone important in your life.
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Taylor racked up the highest number of individual million-dollar-plus gifts—14—among the 57 donations in IBJ’s 2024 list of largest individual gifts to Indiana organizations.
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Nonprofit IYG plans to use the unrestricted grant to nearly double its ability to offer services and gathering spaces to young Hoosiers.
The gift to the School of Construction Management Technology at Purdue Polytechnic Institute is expected to enhance the school’s offerings in both West Lafayette and Indianapolis.
More people also volunteered their time on the Tuesday after Thanksgiving this year, with 11.1 million people in the U.S. volunteering.
The funding commitment from a DePauw alumnus will fund the construction of a new, 70,000-square-foot athletic stadium and sports performance center.
Strong performance by companies, particularly in the tech sector, pushed corporate giving up 6%, to a record amount.
The middle class is paring back on holiday gifts this year, reflecting a widening inflation-fueled spending gap between the country’s wealthiest and everyone else.
The gift is the largest grant that Indiana University has ever received in support of research and development. IU President Pamela Whitten said the funding will help “change the very landscape of our capital city and state.”
The park foundation described the gift on Monday as the largest grant in history benefiting the U.S.’s national parks. The money will be used to address the needs of the country’s more than 400 national park sites.
The donation, the largest individual gift in Marian’s history, came from Julie Wood—on behalf of the Tom & Julie Wood Family Foundation.
There have been only a handful of previous $1 billion donations to universities in the U.S., most coming in the past several years.
The Indianapolis-based foundation, which announced the donation Friday, said the funds would help make mental health and behavioral health services more available to children and adolescents.
Universities, hospitals, museums, theaters, dance companies and other not-for-profits in Indiana pulled in a total of $348.7 million from 79 gifts of $1 million or more from individuals, family foundations and bequests, according to IBJ’s latest survey.
The 2023 list of gifts from individuals or their foundations totaled more than $3.5 billion. Four universities received big gifts, along with four scientific research institutes and a health care system.
After clothing, gift cards will be the most popular present this holiday season. Nearly half of Americans plan to give them, according to the National Retail Federation. But many will remain unspent.
The decline comes at a time when many not-for-profits, especially ones providing services to those in need, report an increase in requests for help.
Some public interest groups say the rising tide of anonymous gifts to not-for-profits can lead to potential fraud or dark-money abuses, so the groups have pushed to require institutions to list their big givers.
Not-for-profit organizations in Indiana would be permitted to keep the identity of their members and donors secret under a bill now advancing through the Indiana General Assembly.
The gift came as a surprise to Paramount Schools of Excellence, said CEO Tommy Reddicks. The funds are already earmarked for the ongoing construction of two new school facilities.
In a significant expansion of their longstanding collaboration, the partners hope to develop new models for delivering therapies to patients and provide full tuition to between 75 and 100 students each year for 10 years.
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.
