Couple donates $25M for DePauw dining hall, scholarships
R. David and Suzanne Hoover, both 1967 graduates of DePauw University, will contribute $9 million to need-based scholarships, with the rest providing the lead gift for Hoover Hall.
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Charity watchdogs at odds with IUPUI professor
IUPUI economics professor Richard Steinberg stands by his philanthropic theory, despite seeing his fundraising principles speared by a charity watchdog group and then by a cable news network. At issue is his belief that charities are justified in spending heavily on fundraising, because doing so positions them for long-term success.
Not-for-profits urge lawmakers not to kill plates
Organizers from not-for-profit groups urged Indiana lawmakers Wednesday not to kill the sales of specialty license plates that raise some of their funding.
Zoo breaks ground on $21M orangutan exhibit
Indianapolis Zoo officials are hoping to finish strong on the organization's largest fundraising effort since the zoo moved to White River State Park in 1988.
Indianapolis symphony’s woes aren’t just about money
Even if the Indianapolis Symphony Orchestra’s management and musicians overcome gaping differences and reach a contract agreement, industry experts say disconcerting questions will continue to hang over the organization.
Indy seminary lands $8M grant for pastoral center
Christian Theological Seminary in Indianapolis has received initial funding for its new Center for Pastoral Excellence through an $8 million grant from the Lilly Endowment.
Indy Zoo gets $2M gift for planned orangutan center
The Indianapolis Zoo said Thursday it that it received a $2 million gift toward its planned orangutan center from the family foundation of hotel developer Dean White.
Couple works to bring good from wedding day crash
Tom and Lauren Hanley's wedding day turned tragic two years ago when a traffic accident killed a groomsman and injured others in their bridal party. The Indianapolis couple is now using some of their settlement in a lawsuit from the crash to support a mutual passion.
Donors slow to support agencies serving seniors despite growing need
The aging population is expected to generate an explosion in demand for senior services—taxing a network of often thinly funded providers. Executives of such not-for-profits say they often encounter apathy toward senior causes.
Lilly Endowment gift aimed at Walker Theatre renovation
Lilly Endowment’s $500,000 gift will help fund needed maintenance to the historic building on Indiana Avenue. Center directors say the theater needs a new HVAC system, in addition to electrical wiring, lighting and sound equipment.
UIndy receives $2M gift to help archive city’s history
Lilly Endowment Inc. has awarded the University of Indianapolis a $2 million grant to help it begin cataloging four decades of city history as part of the university’s planned Institute for Civic Leadership & Mayoral Archives.
Investment gains push Lilly Endowment’s worth to $6.2B
Lilly Endowment earned $884.6 million on its Eli Lilly and Co. stock in 2011, bringing the total worth of the grant-making powerhouse to $6.2 billion.
Purdue gets $10 million gift for leadership center
Purdue University will use a $10 million anonymous gift to help build a facility dedicated to encouraging student excellence and leadership.
Damien Center pays off building mortgage
Agency that offers HIV- and AIDS-related services owns its headquarters free and clear after $3 million capital campaign.
Would-be donor’s big promises vex trail of victims
Those left in the lurch by financial promises unfulfilled by Joe Bilby are mystfied by his motives, since he seems not to have profited from any of it.
Private schools raking in cash thanks to 2011 reform law
A generally overlooked part of the 2011 education reform package makes it clear donors to private schools can target their gifts to specific schools, a move that seems to have unleashed the tax credit’s full potential by helping private schools line up more donations.
Indy Zoo donates $91K for elephant conservation
The zoo said the parking fees it collected on Super Bowl Sunday and the days leading up to the February game have been sent to the Tarangire Elephant Project in Tanzania.
United Way expects record $40.6M in donations
United Way of Central Indiana is projecting that its 2011 annual campaign will raise a record-breaking $40.6 million, topping the previous high of $39 million in 2007.
Philanthropist Marilyn Glick dies after year-long illness
Marilyn K. Glick, who with her husband Gene B. Glick donated millions of dollars in recent years to civic projects such as the Indianapolis Cultural Trail, died of cancer Friday at the age of 90.
Big Brothers Big Sisters lands $1M from Taco Bell owner
Taco Bell owner Charlie Brown is topping off his longtime support of Big Brothers Big Sisters of Central Indiana with a $1 million gift. The gift is the largest by an individual in the not-for-profit’s history.