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.
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.Read More
Former Taco Bell franchisee giving Butler University $5 million
An alumnus and former board of trustees chairman who made part of his fortune as a major Taco Bell franchisee has pledged a $5 million gift to Butler University, the university announced Tuesday.Read More
The donation will be used to establish the Miller Family Fund for Success, which will help support Goodwill’s education, health and employment programs.
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.
A private equity firm executive and his wife have given Purdue University a donation to support the business analytics center in the Krannert School of Management, Purdue announced Tuesday.
The art and nature campus is launching an array of projects to upgrade its offerings and public access, highlighted by an autumnal festival this fall including culinary attractions, horticulture displays, musical performances and films.
Two separate donations will help fund the McGould Investment Room in the Andre B. Lacy School of Business and the Matt White Court in the Efroymson Family Gym.
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.
Most of the gifts—20 of the 27—went to higher education institutions. Only five were from named Indianapolis philanthropists. Two were anonymous.
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.
The contribution—the largest ever to any education institution in the United States—will allow Johns Hopkins to eliminate student loans in financial aid packages starting next fall.
The Great American Songbook Foundation received the massive property earlier this year as a gift from Bren Simon, the widow of late shopping mall magnate Melvin Simon.
Purdue announced the gift Saturday during an event to celebrate homecoming and the kickoff of the school’s year-long 150th anniversary celebration, which is themed “Take Giant Leaps.”
The university announced Thursday that the center will focus on the production and teaching of investigative journalism.
The money will be used to create a super endowment that will help fund future projects in perpetuity, Franklin College President Thomas Minar said.
The cancer center, which is being built on the campus of IU Health North Hospital, will be named after Joseph Schwarz, who died in March of throat cancer, and his wife, Shelly.
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.
The Richard M. Fairbanks Foundation announced Tuesday that it would give $7.5 million in grants to 24 Marion County schools and districts to help fund substance-use prevention.
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.
Education reform group The Mind Trust announced Thursday that it has received $3.75 million in new donations from two donors who have been generous to the Indianapolis-based not-for-profit in the past.