What if you just gave cash to needy? Program explores guaranteed income
The expansion of the IndyEast Guaranteed Income Initiative pilot program will provide $500 a month to 125 families over 18 months.
Philanthropy
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Mission-driven Indy furniture maker partners with national distributor
In reaching its first large-scale supply agreement, Purposeful Design intends to further its mission of training and employing men who have experienced homelessness and addiction.
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Gayle Cook, philanthropist and co-founder of Cook companies, dies at 91
Gayle Cook was known for her work in historic preservation—most notably for spearheading the restoration and preservation of the West Baden Springs and French Lick resorts.
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Jim Irsay loved pop culture and tied it to philanthropic gestures big and small
JIm Irsay, who died Wednesday at age 65, rubbed shoulders with John Mellencamp, Stephen Stills and Hunter S. Thompson.
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Indy Art Center seeking donations for facility upgrades
The Indy Art Center is is hoping to complete an $8.8 million capital campaign that will be used to help it renovate its Marilyn K. Glick School of Art building and outdoor Artspark in Broad Ripple.
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Articles
Purdue Polytechnic school renamed following $10M gift
The gift to the School of Construction Management Technology at Purdue Polytechnic Institute is expected to enhance the school’s offerings in both West Lafayette and Indianapolis.
With $2M gift, UIndy to establish endowed professorship in engineering
The R.B. Annis Distinguished Professor of Engineering is the namesake of Hoosier inventor Robert B. Annis, who died in 1999 and is remembered as an expert in magnetics and balancing instruments.
Americans gave $4B on GivingTuesday, topping last year’s total
More people also volunteered their time on the Tuesday after Thanksgiving this year, with 11.1 million people in the U.S. volunteering.
Lilly Endowment gives Marion County schools $460M but delays grant decision for IPS
The grants will support a wide range of initiatives like new student programming, teacher training, and updated STEM and performing arts spaces.
Dells donate $6.25B to encourage families to claim ‘Trump Accounts’
The historic gift has little precedent, with few single charitable commitments in the past 25 years exceeding $1 billion, much less multiple billions.
Nonprofits face uncertainty ahead of GivingTuesday
The Tuesday after Thanksgiving has become one of the biggest fundraising days of the year for nonprofits in the United States.
Charities, tell us about the donations you need
IBJ’s Holiday Wish List—our annual effort to connect nonprofits to people and businesses that can help them—will begin appearing in the Dec. 5 issue of IBJ and will reappear weekly through Dec. 19.
Indianapolis-based Ren Inc. lands big growth investment from Boston-based investor
This is the second large, outside investment secured by Indianapolis-based Ren Inc., which provides technology and services for the philanthropic sector, in recent years.
Indianapolis launches cash-assistance fund for expectant mothers
Using more than $2 million in philanthropic funding, 100 pregnant women in the city’s poorest ZIP codes will be given monthly cash-assistance allocations.
Lilly Endowment offers up to $500M to Indiana colleges, universities for AI study, strategies
The initiative is expected to “support Indiana colleges and universities in their ongoing efforts to address the implications of a rapidly evolving technology in their institutions and the lives of their students,” Lilly Endowment said.
City leaders direct $1M toward food banks to offset possible SNAP loss
City leaders, local companies and food banks have teamed up to create a $1 million-plus partnership and fundraising push to help more than 200 food pantries in Indianapolis.
Private donors gave more than $125M to keep foreign aid programs going after US cuts
The sum is more than organizers had imagined possible, while still falling far short of the tens of billions cut or frozen with the dismantling of the U.S. Agency for International Development.
Carmel tech firm OneCause acquired by Texas-based company
Pre-acquisition, OneCause had just over 200 employees, 119 based in Indiana. CEO Steve Johns, who will leave the company after the transition, said all of OneCause’s employees have retained their jobs.
Nonprofit aims to clothe men reentering the workforce
In Pursuit Of Inc. plans to begin taking referrals early next year from area organizations helping men who are struggling to get their lives together.
White River State Park returns $30M crane bay grant to Lilly Endowment
A demolition ended plans to turn the crane bay structure into an events pavilion that could host farmers markets, weddings, corporate gatherings and other activities.
$80 million gift to fund new athletic complex at DePauw
The funding commitment from a DePauw alumnus will fund the construction of a new, 70,000-square-foot athletic stadium and sports performance center.
Butler University unveils $325M fundraising campaign, largest in school history
The “Boldly Butler” campaign and accompanying strategic plan aim to transform the Indianapolis campus and broaden Butler’s reach locally and beyond.
Christel House International to open schools in Nepal, Colombia
The educational not-for-profit founded in 1998 by the late businesswoman and philanthropist Christel DeHaan is making its first major global expansion since her death in 2020.
Bill Taft: Foundations helping to offset government funding cuts
While community foundations typically invest their assets in Wall Street stocks and funds, a growing number are expanding their impact by investing their capital into local economic development.