Q&A: Valuing more than profits with ‘conscious capitalism’
A not-for-profit that encourages companies to expand their value systems beyond profits has opened a chapter in Indianapolis.
Philanthropy
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Charitable groups for youths land $55M to boost financial stability
The grants from Indianapolis-based Lilly Endowment Inc. range from $1 million to $7.5 million. They’re intended to help establish endowments, strengthen staffing and recruit volunteers and donors.
Gleaners hits huge milestone while distributing record amount of food
Launched in 1980, the food bank crossed the threshold this year of delivering more than half a billion pounds of goods over the life of the organization. And it’s ramping up aggressive plans to more than double its annual distribution total.
Incoming zoo CEO seeks to continue momentum
Rob Shumaker, now president of the zoo, will take over as CEO for the retiring Michael Crowther in early January.
To raise cash, Lilly Endowment unloads more Eli Lilly stock
For the Lilly Endowment, a good year means it’s time to cash in.
Holcomb opts in to accepting refugees
Gov. Eric Holcomb is giving the green light for federal officials to continue placing refugees in Indiana, following in the footsteps of a growing group of governors.
Lilly Endowment ranks as second-largest private foundation
The endowment’s assets reached $15.1 billion at the end of 2018, pushing it ahead of the Ford Foundation and the J. Paul Getty Trust, which had assets of $13.1 billion and $13.2 billion, respectively.
Merged not-for-profit group to push redevelopment out to townships
Renew Indianapolis will merge with the King Park Development Corp. on Jan. 1.
Philanthropy-focused software firm planning to add 110 employees
Selfless.ly Inc. announced plans Thursday to grow operations significantly over the next four years as it expands operations in downtown Indianapolis.
Cummins CEO challenges execs to serve all stakeholders, not self-interests
On Friday morning at Engage Indiana 2019, Tom Linebarger evangelized for a model of doing business that emphasizes maintaining strong relationships with all stakeholders—employees, community leaders, corporate partners, government officials and shareholders—rather than only focusing on self-serving interests.
IBJ Podcast: How an Indy group will use $11.6 million to help black students achieve
Host Mason King talks with the Center for Leadership Development’s president, Dennis Bland, about how a Lilly Endowment grant will expand the group’s programs to help minority students achieve in school and in life.
Lilly Endowment to invest $50M in helping poor residents move up economic ladder
The endowment is soliciting proposals from not-for-profit organizations—and is encouraging those groups to collaborate with each other or with companies and governmental agencies on their efforts.
IU Health earmarks $100M for new fund to address issues that lead to poor health
The Indianapolis-based health system said it has chosen four programs for the first round of grants after reviewing 47 proposals over a wide spectrum of needs.
Anthem donates $1M to Indianapolis Cultural Trail
The money will be used for programs, maintenance and new counters that will keep track of how many people are using the trail.
Q&A: Melangton leads campaign to help homeless women, children
Sports executive Allison Melangton had never led a capital campaign before Wheeler Mission asked her to chair its $12 million fundraising effort.
Family donates more than $1 million to Marian University
Marian University will rename one of its buildings after receiving a donation of more than $1 million from the family that owns Indianapolis-based AAA Roofing Co. Inc., the school announced Friday.
2019 Carroll Award winner: Mark Miles’ eclectic career has centered on big events
Ask Miles about his wide-ranging resume, and he compares it to Forrest Gump’s.
White Lodging founder gives $16M boost to Catholic schools
The Bruce and Beth White Family Foundation’s gift is expected to bring operational and academic support directly to 10 elementary and high schools in the Diocese of Gary, benefiting about 3,300 students.
Perry Township, two other districts to benefit from $47M support grant
The National Institute for Excellence in Teaching announced Tuesday that it will use the funds to help the Teacher Advancement Program in Perry Township, Goshen Community Schools and Brown County Schools.
Legacy project for 2021 NBA All-Star Game in Indy to focus on youth-oriented groups
Officials said the initiative will provide grants of up to $50,000 for 21 brick-and-mortar capital improvement projects that focus on health and wellness or education.