Charities caught in Celadon founder’s estate dispute
Several local not-for-profit and community groups are caught in a family dispute over the $31 million estate of Stephen Russell, the Celadon Group Inc. co-founder who died last year at age 76.
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Women’s Fund involves nine area communities in new mental health initiative
For the first time since its founding in 1996, the Women’s Fund of Central Indiana is supporting an initiative that’s not exclusive to females.
Bosma Enterprises files lawsuit over VA contracting changes
Indianapolis-based Bosma Enterprises and other groups on Wednesday sued the Department of Veterans Affairs, alleging the agency ignored a long-standing law when it changed contracting rules that give jobs to the visually impaired. Bosma said it stands to lose $36 million in annual revenue.
Lilly Endowment assets ebb in 2016 as it grants $452.8M
After several years in which the value of its assets swelled, philanthropic giant Lilly Endowment Inc. watched its coffers shrink 12.7 percent in 2016 from about $11.8 billion to $10.3 billion.
Humane Society hires Stolen as new chief executive
Steven Stolen, who has a lengthy resume in the arts, education and not-for-profit fundraising, begins the new role June 1.
Kiwanis’ first major ad campaign seeks to put youthful face on brand
Most people are aware of the Kiwanis Club. Sort of. Precious few know what the 102-year-old organization actually does.
Neighbors raising money to aid potential buyer of Saddlebrook Golf Course
The public course, an anchor for the neighborhood bounding West 56th Street in Pike Township, closed in late 2015 after the previous owner defaulted on a $2.4 million bank loan.
Butler receives $9.4M gift from estate of Indianapolis insurance agent, wife
Butler University said the donation from the estate of Winstan “Bud” Sellick and his wife, Jacqueline, will be shared among athletics, the Lacy School of Business and general university support.
Mind Trust drawing big dollars from national donors
The reputation the education reform group has engendered with its work in the city has spread—and therefore so has its donor base.
Fairbanks Foundation doles out $376,000 to train army of addiction specialists
The money, provided to the workforce initiative Ascend Indiana, will train up to 50 specialists a year targeting Indiana's growing opioid epidemic.
Legacy Fund selects new president
Legacy Fund, an affiliate of the Central Indiana Community Foundation, announced Tuesday morning that Tom Kilian Jr. would become the organization’s next leader.
DeHaan, 74, still pumping massive cash, countless hours into charity
Indianapolis businesswoman and philanthropist Christel DeHaan is nearly 75 years old and she knows that someday she’ll have to slow down. Someday. Not now.
Firm launches program to help not-for-profits fill gaps in know-how
Indianapolis-based Charitable Advisors hopes to help groups that can’t afford one-on-one consulting on issues vital to their operations.
Last year, 31 donors gave $267M in big gifts to Hoosier not-for-profits
Of the top five contributions from Indianapolis-area donors, four set records as the largest the organization had ever received from an individual.
Which local philanthropists made major donations in 2016 and where the money went
Which local philanthropists made major donations in 2016 and where the money went
Cities crowdfund smaller projects; state agency matches proceeds
Indiana cities are trying to harness the power of the online masses to support local quality-of-life projects.
Mind Trust lands another $7.2 million from Lilly Endowment
The Mind Trust, an Indianapolis-based not-for-profit that promotes education reform, will use the funds to support Innovation Network Schools and recruit school leaders.
Jewish center closes in Indy amid bomb threats nationwide
The JCC Indianapolis closed on Monday morning after receiving a bomb threat. Dozens of Jewish community organizations around the country have been targeted with such threats in recent weeks.
College endowments suffer ‘lost decade’
Officials overseeing endowments at some of Indiana’s colleges and universities have cut back on spending, or are considering doing so, after struggling to grow their funds over the past decade.
Humane Society for Hamilton County planning jump to Fishers
The move from Noblesville to the Creekside Ministries property would allow the not-for-profit to significantly upgrade its operations and programs, according to a memo for Fishers officials.