Charitable giving increased in 2020 despite pandemic, IU research finds
The research found that giving to public-society benefit organizations had the largest growth in 2020, increasing 15.7%.
The research found that giving to public-society benefit organizations had the largest growth in 2020, increasing 15.7%.
Two key U.S. senators introduced legislation Wednesday designed to spur faster payouts from donor-advised funds and foundations, giving new momentum to an effort that has deeply divided philanthropy.
The increase comes from Gen Z and Millennials, who now comprise a majority of OneCause’s surveyed social donors, partly due to the increased access to philanthropy that social giving supplies, with the study finding that “ease” is the biggest motivator of giving.
Jennifer Pace Robinson has worked her way up at The Children’s Museum over three decades, filling a variety of roles dealing directly with museum visitors and with the behind-the-scenes work that makes the museum tick.
Like most everyone, the organization last year made budget cuts to cope with the pandemic. But its expenses also dropped dramatically because it canceled the 500 Festival Parade and shifted to a virtual platform for other events.
The split between the billionaire co-founders of the world’s largest private foundation is already sending a wave of anxious uncertainty through the worlds of philanthropy and community health.
The two highest-paid executives departed the powerful education not-for-profit in recent months, an indication the Indianapolis-based organization is rethinking aspects of its strategy.
A Downtown Indy Inc. program to train and employ at-risk veterans plans to triple its internship opportunities after receiving more than $1.8 million in grant funding from Lilly Endowment.
The grants, which range from $180,000 to more than $8 million each, will be awarded to 28 Indianapolis-based organizations to fund new programs aimed at financial security or expand existing programs that address poverty-related challenges.
The Anthem Foundation and LISC Indianapolis on Tuesday announced a major initiative to provide more equitable food access, starting with one Indianapolis neighborhood.
A 125-year-old landmark firehouse on East Washington Street that previously housed a photography business and a reception center for Angie’s List has been donated to the Indianapolis Metropolitan Police Department.
The funds will be used for housing, food and child care assistance, among other needs determined by local communities.
Among the most vulnerable not-for-profits, the study said, are those involved in arts and entertainment, which depend on ticket sales for most of their revenue, cannot significantly their reduce expenses and don’t typically hold much cash.
The decision by the not-for-profit 500 Festival also applies to its 5-kilometer event. Both events still are set for May 8, albeit now in virtual formats.
J. Michael Durnil served as CEO of the Indianapolis-based Simon Youth Foundation from December 2010 until last month.
The donation, from the Eli Lilly and Co. Foundation, brings the project’s fundraising total to $27 million. The total project cost is estimated at $30 million.
The Indiana Sports Corp. on Friday said it has received the grant to support ongoing beautification and programming efforts in downtown Indianapolis leading up to the NCAA Men’s Basketball Tournament in March.
The United Way of Central Indiana announced Wednesday that a donation of a previously undisclosed amount from philanthropist and author MacKenzie Scott is the largest gift from a single donor the organization has ever received.
While charitable giving increased overall last year, the number of million-dollar-plus gifts from individuals to Indiana organizations appears to have decreased.
The Great American Songbook Foundation said it is nearing the sale of its 107-acre Asherwood estate in Carmel to a private individual and a developer that wants to turn part of the property into an estate community.