The foundation spent itself down to zero this year, distributing legacy grants to arts organizations, the University of Indianapolis and not-for-profits focused on military families, former prison inmates, HIV prevention and animal conservation.
Federal grant helps IEDC expand minority services to small businesses
The agency last year received $1.6 million from the federal Minority Business Development Agency and added $400,000 in matching funds.Read More
State ‘destination’ agency awards public art, placemaking grants
The Indiana Destination Development Corp., a public-private agency that promotes the state as a place to live and visit, is awarding more than $414,000 to support nearly 40 public art activation and placemaking grants in 26 counties.Read More
Lilly Endowment announces $80M in grants to Indy Parks
Forty-two Indianapolis parks will receive improvements due to historic grant funding from the Indianapolis-based Lilly Endowment Inc.Read More
Marian University lands $5M grant from Fairbanks Foundation for engineering
Marian University said the grant would help educate “a pipeline of diverse engineering talent” to meet the workforce needs of central Indiana.Read More
Seventy-two organizations were chosen to receive a total of 159 grants from the Elevation Grant program.
Dimension Mill just closed its fourth angel investors’ fund this week, with $1.08 million from 52 investors. The fund has been so successful since the program’s launch in 2020 that Dimension Mill is planning significant expansion to spur more investment activity.
The grants are intended to expand tech investment that currently is concentrated around a few U.S. cities—Austin, Texas; Boston; New York; San Francisco; and Seattle—to the rest of the country.
The original Indianapolis inner loop construction in the 1970s displaced 17,000 people and destroyed more than 8,000 businesses and homes, according to the Department of Transportation.
The Indiana coalition, which received U.S. Department of Energy encouragement to submit a full proposal, is now deciding whether to join forces with other applicants for a better chance of securing a portion of $7 billion in federal funding.
The Indy Arts Council offers its Creative Renewal Arts Fellowship every other year to 40 artists and arts administrators. The current class of fellows is receiving $10,000 each for research, instruction, travel and other experiences that recharge creativity.
An organization focused on empowering Black residents in Indianapolis has received a huge boost as one of the first recipients of funding through the Indianapolis African American Quality of Life initiatives.
Six school districts in Indiana are among those that have been chose to to receive grants.
The gift is the largest ever received from a single foundation by Boys & Girls Clubs of America in its 160-year history, the group said.
The Elevation Grant Program—previously the Violent Crime Reduction Grant Program—doled out additional funds as part of the three-year, $45 million effort to address root causes of crime in Indianapolis.
The software company Unbox says it plans to establish its U.S. headquarters in Indianapolis as well as a software development, research and testing hub in West Lafayette. The company said it hopes to have up to 380 Indiana employees within the next few years.
On average, recipients of the state’s Manufacturing Readiness Grants added five new jobs as a result of the technology investments.
Thanks to a recent $5 million Lilly Endowment Inc. grant and other financial support, Indiana Landmarks is expanding its boundaries beyond just preserving buildings.
The Indiana Learns program will provide qualifying families with up to $1,000 to spend on high-dosage tutoring for math and English/language arts, as well as approved out-of-school academic programs.
Paying attention to what’s being sought in communities is a key component of trust-based giving, a concept in which funders and grant recipients collaborate.
The National Urban League has selected 40 organizations in Marion County to receive more than $21 million in grants through the new Indianapolis African American Quality of Life Initiative, it announced this week.
The funds will allow Family Promise of Greater Indianapolis to expand its apartment shelter program and support The Learning Tree’s tenant advocacy program.
The stock sale is a primary way for the endowment, one of the largest private philanthropic foundations in the United States, to raise cash to make grants to arts, education, religious and community development organizations.