Study conducted by the Center on Philanthropy at Indiana University shows 98 percent of high net-worth households donated to charity in 2009, but the overall amount fell nearly 35 percent from 2007.
The grant came from a $45 million pool created by Lilly Endowment Inc. in 2008.
Juli Erhart-Graves, president of the volunteer-run organization, said demand has outstripped SNSI’s ability to raise
money and win grants during the economic downturn.
The Indianapolis chapter of Local Initiatives Support Corp. will receive $500,000 to open more of its one-stop centers that
help the working poor develop, grow and protect their assets.
Indiana University announced Monday that it has seen a 38 percent increase in private-sector grants and contributions from
a year ago, when such revenue declined during the recession.
The Indianapolis-based Richard M. Fairbanks Foundation is contributing $20 million to support IUPUI’s effort to open
a school of public health.
IU says the gift from Frank Arganbright was the first single donation of at least $1 million for scholarships from an individual
in the history of the journalism school.
The findings may come as a surprise to not-for-profit executives who think the Internet generation doesn’t require a
personal touch.
United Way of Central Indiana's 2009 fund-raising campaign raised $38.8 million, slightly short of its $39 million goal,
but almost equal to the previous year's effort, the organization announced Thursday.
The cuts, both in Bloomington and Indianapolis, come as part of an effort to trim $2.4 million from the fund-raising group’s
$26 million operational budget.
Many not-for-profits struggled to raise money in 2009, but a local agency that helps cancer patients said it actually saw
an increase in donations.
A movement is afoot to professionalize the grant-writing trade.
The center will recognize the donation by naming
the cafe and gift shop inside the 1,600-seat concert hall after the Basiles.
The group, which rang up more than $3 million in debt before changing course in 2008, had been operating at a deficit for
six years.
People who raise money for a living are more optimistic about their prospects now than they were six months ago, reports
the Center on Philanthropy at IUPUI.
Indiana University, which has received nearly $600 million from the endowment over the last three decades, will leverage the
new gift to increase its
scientific discoveries and commercialize life science innovations.
The not-for-profit will use the money to fund existing programs, such as the U.S. State Department’s International Visitor
Leadership Program, and begin new ones.
The Salvation Army of Indiana soon will test a swipe-card option for curbside donations to its annual “Tree of Lights” fund-raising campaign.
Tough times are real
and challenging to navigate. But, if we are honest, we have to admit that those of us fortunate to have jobs have an advantage
in tough times.
Previous gifts from the foundation to the cancer center have been used to hire 10 researchers working on breast cancer.
