Mind Trust drawing big dollars from national donors
The reputation the education reform group has engendered with its work in the city has spread—and therefore so has its donor base.
The reputation the education reform group has engendered with its work in the city has spread—and therefore so has its donor base.
Of the top five contributions from Indianapolis-area donors, four set records as the largest the organization had ever received from an individual.
Which local philanthropists made major donations in 2016 and where the money went
The Mind Trust, an Indianapolis-based not-for-profit that promotes education reform, will use the funds to support Innovation Network Schools and recruit school leaders.
The not-for-profits, some of which received as much as $10 million, include community centers, hunger relief agencies and social services groups. Most plan to use at least a portion of the money to create or fortify endowments.
Gleaners Food Bank of Indiana reported seeing a 10 percent to 15 percent decrease in donations for the year compared to last year, and Second Helpings said it had only hit 50 percent of its goal for monthly donations, as of Monday.
The gift is the largest to the IU School of Medicine by an alumnus. The medical school will use the money to establish the Brown Center for Immunotherapy to fight some of the world’s toughest diseases.
Purdue University is renaming its School of Chemical Engineering after an alumnus and his wife who donated $20 million to the school.
The not-for-profit Outreach Inc. has started construction on the $3.3 million facility on the near-east side and hopes donors can come through with the final $300,000.
Five years after pledging an astounding $48 million to help Marian University build a medical school, an Indianapolis businessman has paid only about one-fifth of that amount.
The Indiana University School of Medicine got the donation from the children of Indianapolis real estate developer Sidney Eskenazi. The endowed fund will be used to recruit a cancer researcher to Simon Cancer Center.
The Indiana University Art Museum in Bloomington has received a $15 million naming gift from Indianapolis-based philanthropists Sidney and Lois Eskenazi, in addition to an art collection of nearly 100 works.
The school will now be called Andre B. Lacy School of Business, in recognition of the largest donation Butler has ever received from an individual or family.
Longtime Steak n Shake and Biglari Holdings board member Ruth Janssen Person has donated $3.5 million to Indiana University Kokomo, where she served as chancellor from 1999 to 2008.
Launching a $22 million fundraising campaign on Friday, Ivy Tech officials announced that more than two-thirds already had been pledged, including the largest gift in the system’s history.
Ball State University alumnus John Schnatter and the Charles Koch Foundation are partnering on a $3.25 million grant to establish the center, to be named after the pizza chain founder.
The Indianapolis Public Library has multiplied the amount of media it makes available for free streaming through a partnership with the Hoopla online content service.
Credit and debit cards are accepted nearly everywhere these days, but houses of worship are still trying to modernize the way donations are collected.
The philanthropic pledge by Facebook CEO Mark Zuckerberg and his wife—totaling perhaps $45 billion—reflects the fast-paced emergence of a new Gilded Age of giving. But the structure of the initiative concerns some philanthropic experts.
The Mark Cuban Center for Sports Media and Technology will be built inside the renovated Assembly Hall, and will give the Hoosiers the distinction of being the first school in the country to use 3-D multi-camera technology and virtual reality.