The Indianapolis-based philanthropic foundation said Thursday that more than 80 public, private and charter school districts and networks representing more than 300 schools in Marion County are eligible to apply for grants.
The five-year implementation grants range from $12.1 million to $32 million each, with DePauw University in Greencastle landing the largest grant.
Three local legal aid organizations received grants ranging from $2.5 million to $7.5 million.
The Hogsett administration’s newest department is now part of a grant-funded effort to craft a racial wealth-equity plan for Indianapolis.
A total of 526 grants worth a combined $56.9 million have been awarded so far to companies and organizations in 79 counties. In 2023, $20 million was granted to 161 projects in 50 counties. See how the money has been distributed.
Dozens of projects will be considered for funding, including housing and placemaking projects in Bargersville, McCordsville and Martinsville; an amphitheater in Anderson; the Innovation Mile in Noblesville; and the redevelopment of Circle Centre Mall in downtown Indianapolis.
Fifteen regions will share in $500 million in funding from the second round of the Regional Economic Acceleration and Development Initiative.
Fifteen regions representing all 92 counties have submitted proposals for the $500 million program, which the state estimates will generate at least $3 billion in local public and private investment.
The seven-week program, called MBXax, covers topics including sales and marketing, business models, product/market fit and go-to-market strategies.
The grants are part of the $10 million second phase of the Richard M. Fairbanks Foundation’s College Matters: Reversing the Trend initiative.
A cooperative of central Indiana communities wants to expand the impact of Main Street via walkable districts to attract residents and boost innovative development.
In recent weeks, the Indianapolis-based philanthropy has been unveiling a flurry of gifts at the $100 million level or higher.
The grant replenishes United Way of Central Indiana’s Capital Projects Fund, which helps not-for-profits purchase, build, upgrade or expand their facilities to better serve their clients.
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.
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 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.
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.
