Universities spare fund-raisers amid budget cuts
The IU Foundation recently cut 18 of 201 staff members but nonetheless is looking at adding reinforcements in fund raising.
Philanthropy
Articles
IUPUI coach Ron Hunter receives Good Guy award
The U.S. Basketball Writers Association is recognizing Hunter’s efforts on behalf of millions of children around the world
who are in need of shoes.
NFP of NOTE: Assistance League of Indianapolis
The Assistance League of Indianapolis is an all-volunteer organization whose members identify, develop, implement, manage,
and raise funds for ongoing philanthropic programs to serve specific needs of children and adults in the greater Indianapolis
area.
United Way donations match last year’s amount
United Way of Central Indiana's 2009 fund-raising campaign raised $38.8 million, slightly short of its $39 million goal,
but almost equal to the previous year's effort, the organization announced Thursday.
Lilly Endowment’s assets drop more than foundation peers
Once the nation’s wealthiest foundation, Indianapolis-based Lilly Endowment now ranks ninth among its grant-making
peers. The endowment’s value fell 15 percent last year, to an estimated $4.8 billion.
Text donations are new frontier for not-for-profits
The Indianapolis affiliate of Susan G. Komen for the Cure plans to unveil what might be the first such “text-to-donate”
option offered among local not-for-profits.
Contractors seek answers over Junior Achievement project
The Central Indiana Community Foundation has stopped payment on a $3 million grant to Junior Achievement because of accounting
questions.
Ex-exec accuses JA of withholding retirement funds
Victor George filed suit in federal court, alleging Junior Achievement failed to properly remit money to his retirement and
health-savings accounts.
Community Health Network Foundation names new CEO
Michele Thomas Dole has been a wealth adviser at JP Morgan Chase and development director of the IU Foundation.
Indiana University Foundation lays off 18 staffers
The cuts, both in Bloomington and Indianapolis, come as part of an effort to trim $2.4 million from the fund-raising group’s
$26 million operational budget.
NFP of NOTE: Joy’s House
Joy’s House is committed to supporting families by providing exceptional adult day service.
Hoosier entrepreneurs make magazine’s billionaires list
Bill Cook, Dean White, Jim Irsay and Herb Simon have made Forbes magazine’s annual list of the richest people
in the world.
Market surge doesn’t lift Lilly Endowment
Lilly Endowment’s resistance to diversify its holdings reached a new height last year, as it failed to sell a single share
of the underperforming Eli Lilly and Co. stock while the broader market surged.
Ballard solicits business help in aid of Indy Parks
Corporate contributions, volunteerism help shore up struggling city department after recession-driven cuts reduce budget by
nearly one-fifth.
Simon daughter questions using father’s estate to pay donations
Pledges to St. Vincent, Indianapolis Museum of Art should be paid by trusts, foundations affiliated with Bren Simon, court
papers allege.
NFP of NOTE: Trusted Mentors Inc.
Trusted Mentors Inc. uses the power of mentoring to help adults establish stable lives by reducing the chaos brought about
by poverty, homelessness, under-employment, and the effects of incarceration.
Decline in service clubs threatens funding for international causes
Organizations like Kiwanis boost awareness of international needs, which otherwise rank low on Americans' giving priorities.
IU names basketball center after billionaire Cooks
Indiana University's new basketball training complex will be named after billionaire entrepreneur Bill Cook and his wife.
IU athletic director Fred Glass says the Cooks gave $15 million—the single largest gift in IU athletics history—toward
the nearly $20 million basketball training center.
New Kiwanis boss aiming to halt membership slide
The Indianapolis-based service organization has 239,000 adult members, down 26 percent from the 1992 peak of 324,727.
Columbia Club strikes deal with Indianapolis Chamber
The not-for-profit on Monument Circle announced its initiation fees will be waived for all chamber members.