High inflation leaves food banks struggling to meet needs
Food banks across America say negative economic conditions are intensifying demand for their support at a time when their labor and distribution costs are climbing and donations are slowing.
Philanthropy
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Record gift to launch new Krannert real estate program at Purdue
The Krannert School of Management at Purdue University has received a nearly $21 million gift from the Dean and Barbara White Family Foundation, the largest gift in the school’s history.
Butler names new sciences building Levinson Family Hall after $10M gift
Levinson Family Hall, which opened to the public in summer 2021, connects existing science building Gallahue Hall to the Holcomb Building, which previously housed the Andre B. Lacy School of Business.
IU School of Medicine gets $12.5M gift commitment from Vera Bradley Foundation
The medical school said the commitment will help launch research efforts to develop better therapies for triple negative breast cancer, an aggressive form of breast cancer that is often not responsive to hormone therapies and is resistant to chemotherapy.
Franklin College lands record $3.9M donation from graduate
The donation came from a business leader who earned her bachelor’s degree from Franklin College in 1971, majoring in political science and history.
Indiana University gets $1M gift to support life sciences
The university announced the gift Thursday morning from Jeff Albers, who graduated from the Kelley School in 1993, and his wife, Alison. Albers has spent more than 25 years in the biopharmaceutical industry.
Inflation hitting not-for-profits’ services, ability to fundraise
Not-for-profits of all kinds are getting hurt by inflation, experts say. Price and wage increases are stressing them in multiple ways, making it harder to keep up with their own basic operational expenses while also forcing them to curtail the services they provide.
DeHaan estate could see new uses with zoning change
A zoning change would open the door for a number of new uses on the 152-acre property along the White River.
Butler exceeds $250M fundraising goal for its ‘Beyond’ campaign
So far, 34,622 donors have participated in the “Butler Beyond” campaign, including 13,351 individuals who became first-time donors to the university.
IBJ Podcast: Why the Irsays are spending millions on ‘Kicking the Stigma’ effort
Kalen Jackson, one of three daughters of Jim Irsay and a vice chair in the Colts organization, talks with host Mason King about why the family decided to focus on mental health, what they’ve learned about the problem along the way and how they got so many celebrities to participate.
Riley gets $5M donation for Duchenne muscular dystrophy program
The gift came from the three children of Jim Ackerman, a local cable television industry entrepreneur and venture capitalist who died in 2013, including John Ackerman, managing director of Cardinal Ventures.
Under fire for high prices, IU Health says it will invest $1B in community health programs
The health system said the funding plan will “support community health initiatives and education and workforce development programs statewide, including neighborhoods around its downtown Indianapolis campus.”
IUPUI philanthropy school to offer new doctorate in fall 2023
The school said the doctorate in philanthropic leadership will help address what it calls a significant leadership gap.
Indiana education group gets $800K chunk of $133M national gift
Communities in Schools of Indiana has received the largest gift in its history as part of a mega-donation from philanthropist MacKenzie Scott.
Notre Dame pulls in eight-figure gifts in 2021, adding to a strong fundraising history
The private, Catholic research university received donations of $50 million and $30 million from two families. Those two gifts, on their own, accounted for nearly 36% of the roughly $224 million in major gifts given to Indiana institutions by 37 individuals, family foundations or bequests last year.
Murtlow retiring as CEO of United Way of Central Indiana
Ann Murtlow has been one of the Indy area’s most visible and influential female corporate leaders for nearly two decades, and she led several significant organizational changes at the United Way.
Jewish Federation hires new CEO, raises $4.3M in annual campaign
Marc Swatez, 56, succeeds Debra Barton Grant, who left last year to become associate vice president of the national organization, the Jewish Federations of North America, based in New York City.
Franklin College receives $1.8M gift of real estate
The college intends to use the 29 acres for a biological field station focusing on botany and field ecology studies.
Donors’ $1M gift to help reforest, protect conservation area in Johnson County
In recognition of the contribution from Leonard and Kathryn Betley and their family, Glacier’s End Nature Preserve near Trafalgar will be renamed Betley Woods at Glacier’s End.
College football title game is also helping Indiana educators, students
When the College Football Playoff National Championship visits a new city, the game’s philanthropic arm, the College Football Playoff Foundation, makes a legacy investment in local teachers.