Simon estate gift creates ‘potentially tough situation’ for small foundation
The Great American Songbook Foundation now has the expensive responsibility of maintaining the 107-acre Asherwood, including paying a nine-person maintenance staff.
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Notre Dame nabs 6 of state’s 10 largest not-for-profit gifts in 2017
The university’s $205 million in big gifts was about two-thirds of the $302.9 million in gifts of $1 million or more given by individuals to Indiana not-for-profits in 2017.
Not-for-profits get creative to stand out on Giving Tuesday
The Tuesday following Thanksgiving—after Black Friday, Small Business Saturday and Cyber Monday—has become known for ushering in millions of dollars for thousands of charities.
App lets shoppers funnel cash to charities
A year ago, Pam and Tom Cooper launched Boosterville Inc., which uses an app to connect cause-driven shoppers to businesses willing to donate a portion of sales to a charity the consumer chooses.
New Greenways Foundation chief hopes to hike group’s profile
Ken Giffin, a veteran of local politics and the business community, is pounding the pavement to raise more money to support Indiana’s trail systems.
More firms giving employees voice in gifts to charity
Some companies are offering employees money to donate to charities with no strings attached, while other initiatives are designed to reward volunteer efforts.
Lilly Endowments gives $26M to help school counseling efforts
Lilly said 30 of Indiana’s 92 counties will benefit from the grants, which range from $68,312 to $2.87 million each. Schools in Marion, Boone, Hamilton, Hendricks and Shelby counties were among the recipients.
Lechleiters donate $2.5 million to Indiana Repertory Theatre
The largest individual gift in the theater’s history will be used to create the James Still Playwright-in-Residence Fund.
Women spur change with $100K gifts
Impact 100 of Greater Indianapolis has more members this year than ever before, it’s up to nearly 700 alumni members, and it has awarded $1.76 million since its 2006 founding.
Lilly Endowment assets ebb in 2016 as it grants $452.8M
After several years in which the value of its assets swelled, philanthropic giant Lilly Endowment Inc. watched its coffers shrink 12.7 percent in 2016 from about $11.8 billion to $10.3 billion.
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.
Last year, 31 donors gave $267M in big gifts to Hoosier not-for-profits
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
Which local philanthropists made major donations in 2016 and where the money went
Mind Trust lands another $7.2 million from Lilly Endowment
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.
Lilly Endowment dishes out $100M to local human service agencies
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.
Hunger-relief agencies report decline in year-end giving
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.
Tech entrepreneur Don Brown donating $30M to IU School of Medicine
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 renames chemical engineering school after $20M gift
Purdue University is renaming its School of Chemical Engineering after an alumnus and his wife who donated $20 million to the school.
Outreach center for homeless youth under way but still needs boost
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.
AIT meltdown derails huge Marian gift
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.