Most of the companies that agreed to help underwrite the 2012 Super Bowl are standing by their commitments even as the recession
wreaks havoc on their businesses. Of $25 million pledged by more than 80 companies before last year’s bid process, only about
$1 million is at risk, said host committee head Mark Miles.
Attend arts events, visit our cultural organizations, and support our sports teams. If you don’t make regular donations to
arts and cultural organizations, there has never been a better and more important time to give.
Combined forcesâ??the gifts of time, treasure and inspiration from the athlete in concert with the programming, dedication and outreach of community leadersâ??can change the direction of young lives.
Some of Indianapolis’ main entrances from Interstate 70 are in line for a $2 million makeover.
Although family foundations may grant as little as $50,000 in a year, these foundations wield influence over other philanthropists, and one advocate says they could help guide the spending of billions of economic stimulus money.
Two Indiana businessmen, Michael Maurer and the late Jesse Cox, made the Philanthropy 50 with enormous gifts to Indiana University in 2008.
Area not-for-profits are beginning to feel the sting of the year-old credit crunch, which has escalated into a full-blown
financial crisis that’s battered investors and likely pushed the nation into recession.
Not everyone is welcoming the launch of an Indianapolis-based not-for-profit, backed by billionaire businessmen, that aims
to curb colleges’ discretion in spending donor contributions.
Once a year, the CEO implores employees to sign pledge cards to the United Way. Local health and human services agencies that
benefit wait to redeem your tax-deductible gift. But others are preaching there’s another path to charitable-giving heaven.
Lesser-known federations continue to nip at the heels of the United Way establishment in the workplace.
Indianapolis businessman Barton Kaufman is auctioning off 26 paintings by notable New York artist LeRoy Neiman. Kaufman plans
to donate the money to Indiana University, where he earned an undergraduate degree in 1962 and law degree in 1965.
Indiana University Kelley School of Business students will market and sell five lots along a strip of white sandy beach on
secluded Dog Island, Fla., as a class project that likely will span
several semesters. Whatever the students get for the land will be all profit.
Restricted gifts have long been common among foundations and corporate funders, but now individuals are getting into the act,
too. Experts say more donors are attaching conditions to their contributions to encourage the recipient to push itself to
achieve.
