Indianapolis last year sold 154 properties from its land bank for $1,000 each to a novice not-for-profit, which immediately flipped them for a total $500,000 profit. More than a dozen have changed hands multiple times since then, making investors more than $1 million. (with interactive map)
Clowes Memorial Hall at Butler University will get a $2 million makeover that will involve replacing 2,200 seats and carpeting, Butler announced Tuesday.
The Indianapolis Zoo has reeled in $25 million of the $30 million it’s seeking for a capital campaign that will pay for a new orangutan facility, among other projects.
The Lindberg Road Church of Christ in Anderson has filed for bankruptcy protection because of a failed plan to finance construction on its properties. The plan involved buying life insurance on elderly members, with the intent to sell the policies later on the secondary market.
Whether she’s working with the Indianapolis Zoo, the United Way of Central Indiana or Butler University, Katie Betley is a constant presence in civic circles, a whirling dervish of volunteerism and can-do spirit.
Indiana college endowments have surged back since the recession, but three-quarters closed the 2011 fiscal year below where they were when the market crashed.
The Indianapolis Symphony Orchestra has until Feb. 3, 2013, to collect $5 million—almost as much as it typically raises in a full year–or its five-year agreement with its musicians that’s set to kick in the following day will be nullified.
The Indianapolis Chamber Orchestra’s mission is to advance and promote music composed for the small orchestra through professional concert performances and education programs.
James Vento, president and CEO of Easter Seals Crossroads, is retiring after 32 years at the helm of the Indianapolis-based agency, the not-for-profit said Wednesday.
TechPoint Foundation for Youth is seeking a site and support for a new program intended to get students interested in careers involving science, technology, engineering and math.
Indianapolis Symphony Orchestra musicians’ contract negotiations remain stalled and another week of concerts has been canceled after a Saturday deadline passed with no resolution.
A Colorado couple who both graduated from DePauw University have donated $25 million to the private liberal arts college to build a new dining hall and to endow need-based scholarships.
R. David and Suzanne Hoover, both 1967 graduates of DePauw University, will contribute $9 million to need-based scholarships, with the rest providing the lead gift for Hoover Hall.
Perry Senior Citizens Services's mission is to maintain and enhance the lives of Perry Township's senior citizens.
With volunteer leader Nancy Shepard at the helm, IWIN Foundation has distributed $875,000 in grants to breast cancer patients. Recipients have ranged in age from 18 to 90.
Indianapolis Symphony Orchestra executives have given musicians until 6 p.m. Saturday to decide on a contract offer that asks for significantly fewer concessions than previous proposals. But musicians say the offer is unacceptable due to an escape clause.
Gene Tempel, president and CEO of the Indiana University Foundation since 2008, has been appointed the first dean of IU’s new School of Philanthropy, the university announced Friday.
The Fairbanks Foundation last year gave IU $20 million to help establish the Richard M. Fairbanks School of Public Health, which evolved from the Department of Public Health in the IU School of Medicine.
The ailing Indianapolis Symphony Orchestra intends to step up annual donations 40 percent. But many longtime donors feel conflicted about future contributions as they await word on whether the ISO will scale back to part time.
Down Syndrome Indiana Inc. is dedicated to enhancing the lives of individuals with Down syndrome.
