United Way expects record $40.6M in donations
United Way of Central Indiana is projecting that its 2011 annual campaign will raise a record-breaking $40.6 million, topping the previous high of $39 million in 2007.
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Philanthropist Marilyn Glick dies after year-long illness
Marilyn K. Glick, who with her husband Gene B. Glick donated millions of dollars in recent years to civic projects such as the Indianapolis Cultural Trail, died of cancer Friday at the age of 90.
Indiana United Ways get $3.15M for storm recovery
The Lilly Endowment is giving a $3.15 million to the Indiana Association of United Ways to help southern Indiana recover from recent tornadoes and other storms.
Big Brothers Big Sisters lands $1M from Taco Bell owner
Taco Bell owner Charlie Brown is topping off his longtime support of Big Brothers Big Sisters of Central Indiana with a $1 million gift. The gift is the largest by an individual in the not-for-profit’s history.
City-County Council member gives salary to local library
Steve Talley will donate his council salary over the next four years, which totals about $52,000, to launch an endowment through the Indianapolis Public Library Foundation in honor of his late wife, Donna.
Big-promising donor to area charities coming up empty
A Johnson County man whose home is listed for sheriff’s sale and who has filed for bankruptcy protection twice and been convicted of check fraud managed to convince several Indianapolis cultural institutions that he was good for multimillion-dollar gifts.
IU study concludes that donating merchandise is good business
Researchers say the study was the first to examine return-on-investment from donating merchandize vs. liquidating or destroying it.
Report: Giving rose in state last year, but trailed nation
Nationwide, Americans gave $346 billion to charitable causes in 2011, an increase of 7.5 percent over the previous year. Hoosiers gave $6.4 billion last year, a bump of 6.4 percent from the previous year, according to Atlas of Giving.
Lilly Endowment gives $6.6m to public policy institute
Lilly Endowment is giving $6.6 million to support a new fundraising campaign by Indiana University's Public Policy Institute.
Franklin College receives $4.2 million donation
The contribution from a late school trustee will be used to support an endowment for student scholarships and church relations, in addition to the college’s capital campaign.
IU getting $33M from Lilly Endowment for biz school
The donation will enable Indiana University to renovate and expand its Kelley School of Business building in Bloomington, which was built in 1966 and is too small to meet current demands, IU said.
Salvation Army running short of annual fundraising goal
As of Wednesday, the Salvation Army’s Indiana Division had reached just 51 percent of its $3.2 million goal for its annual Tree of Lights campaign.
Waltons give $1 million to Mind Trust charter incubator
The $1 million grant from the Arkansas-based Walton Family Foundation will fund a team that will open its first charter school in the 2013-2014 school year as part of what the group hopes will become a network of high-performing charter schools.
Land gift preserves 40 acres in Indianapolis suburbs
The donation to the Central Indiana Land Trust comes from farmer Van Eller, who lived most of his life on the land now surrounded by Fishers and Carmel subdivisions before he died last year at age 89.
IU law school in Indianapolis gets $24M from McKinney
The Indiana University School of Law in Indianapolis will be renamed Robert H. McKinney School of Law in honor of the retired banker and attorney.
Holiday Wish List
The following is a list of Indianapolis-area not-for-profit organizations and the things each needs most. This is an opportunity for businesses and individuals to make tax-deductible gifts in the spirit of the season.
IU unveils $15M donor for biz-school expansion
Bigger and better surroundings for undergrads at Indiana University’s Kelley School of Business will be named Hodge Hall, in honor of an alumnus James Hodge, who is giving $15 million for the project.
Charities disagree on potential impact of tax change
Not-for-profit-sector lobbyists are fighting President Obama’s proposal to limit the tax deduction for charitable donations. Yet some local fundraisers who could be affected by it aren’t concerned.
Heartland nearing $12.5 million fundraising goal
The not-for-profit, whose annual film festival in Indianapolis opens Thursday, has surpassed $10 million and hopes to hit its goal of $12.5 million by the end of next year.
Columbia Club nudges aside one foundation, forms second
The Columbia Club has formed a not-for-profit, the Columbia Club Historic Preservation Foundation, to preserve its 1924 building on Monument Circle. The 28-year-old Columbia Club Foundation already exists for the same purpose, and its fate is now unclear.