The Dean and Barbara White Family Foundation has committed $50 million for the undergraduate institute at the Mitchell E. Daniels Jr. School of Business at Purdue University, the school announced Monday.
Some public interest groups say the rising tide of anonymous gifts to not-for-profits can lead to potential fraud or dark-money abuses, so the groups have pushed to require institutions to list their big givers.
Not-for-profit organizations in Indiana would be permitted to keep the identity of their members and donors secret under a bill now advancing through the Indiana General Assembly.
Indiana State University on Friday announced the largest individual donation in the school’s 157-year history after the board of trustees approved the naming of the Bailey College of Engineering and Technology on the Terre Haute campus.
The gift came as a surprise to Paramount Schools of Excellence, said CEO Tommy Reddicks. The funds are already earmarked for the ongoing construction of two new school facilities.
The gift was part of an overall $84.5 million donation Scott made to Girl Scouts of the USA and 29 of its local branches.
Only one individual testified in favor of Indianapolis City-County Council Proposal 256, which would require those giving food to 10 or more people in a public place to register with the Office of Public Health and Safety or face a potential fine.
The Jay and Christie Kile Love University House will serve as both a home for future Butler presidents and a venue for hosting fundraising and other community events.
The Giving USA report from Indiana University’s Lilly Family School of Philanthropy says donations in 2021 were 4% higher than the record-setting $466 billion contributed in 2020. But that amount was down 0.7% when adjusted for inflation.
Food banks across America say negative economic conditions are intensifying demand for their support at a time when their labor and distribution costs are climbing and donations are slowing.
The Indianapolis-based Indiana Sports Corp., Purdue University’s Purdue for Life Foundation and Rose-Hulman Institute of Technology are among the organizations that have already accepted their first crypto donations—and some community foundations around the state are also eyeing the opportunities they see in cryptocurrency.
The Krannert School of Management at Purdue University has received a nearly $21 million gift from the Dean and Barbara White Family Foundation, the largest gift in the school’s history.
The donation came from a business leader who earned her bachelor’s degree from Franklin College in 1971, majoring in political science and history.
The university announced the gift Thursday morning from Jeff Albers, who graduated from the Kelley School in 1993, and his wife, Alison. Albers has spent more than 25 years in the biopharmaceutical industry.
The not-for-profit that distributed most of the $350 million in donations from Facebook founder Mark Zuckerberg to election offices in 2020 said Monday that it won’t disburse similar donations this year after backlash from conservatives.
The new business school is included in a five-year strategic plan the Greencastle-based university unveiled this week called “Bold & Gold 2027.”
The foundation said the funds will be used to support collaborative projects in Indiana’s agbiosciences, life sciences, advanced manufacturing and logistics and technology sectors.
So far, 34,622 donors have participated in the “Butler Beyond” campaign, including 13,351 individuals who became first-time donors to the university.
The gift came from the three children of Jim Ackerman, a local cable television industry entrepreneur and venture capitalist who died in 2013, including John Ackerman, managing director of Cardinal Ventures.
The health system said the funding plan will “support community health initiatives and education and workforce development programs statewide, including neighborhoods around its downtown Indianapolis campus.”
