GivingTuesday: Record $2.7B raised during day of generosity
Donations on GivingTuesday, the annual campaign that encourages generosity on the Tuesday following Thanksgiving, rose by 9% this year in the United States alone, according to organizers.
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Notre Dame receives record $50M gift toward undergrad aid
Alumnus Harry Fath and his wife, Linda, of Cincinnati, pledged the money exclusively toward aid for undergraduates, Notre Dame officials said.
Giving to top charities rose 3.7% in 2020, driven by wealthy donors
Roughly $1 out of every $11 donated in 2020 went to the 100 largest not-for-profits, a sign of the gigantic percentage big not-for-profits get compared to the more than 1 million other charitable organizations in the United States.
Study: Small not-for-profits hit harder by COVID than larger ones
Small charities nationwide have faced significant losses in charitable giving as donors cut back during the COVID-19 health and economic crisis: Four in 10 have suffered a decline in donations, according to a study released Thursday.
Former lieutenant governor Mutz invests in shoring up local news
John Mutz has donated nearly $2.3 million in four years to kick-start and support research by the Northwestern University Medill School of Journalism’s Local News Initiative.
Critics take aim at charitable money sitting in donor funds
Criticism has helped drive a Senate bill that would tighten the rules for donor-advised funds and aim to speed donations to charities.
Historic fire station donated to Indianapolis police for substation
A 125-year-old landmark firehouse on East Washington Street that previously housed a photography business and a reception center for Angie’s List has been donated to the Indianapolis Metropolitan Police Department.
MacKenzie Scott donation to United Way of Central Indiana breaks organization record
The United Way of Central Indiana announced Wednesday that a donation of a previously undisclosed amount from philanthropist and author MacKenzie Scott is the largest gift from a single donor the organization has ever received.
Big-gift totals down significantly from prior years
While charitable giving increased overall last year, the number of million-dollar-plus gifts from individuals to Indiana organizations appears to have decreased.
Contribution by Amazon’s Bezos tops list of richest charitable gifts in 2020
Nike founder Phil Knight and his wife, Penny, made the second- and third-largest donations last year, according to the Chronicle of Philanthropy’s annual list of top donations.
MacKenzie Scott, ex-wife of Bezos, gives $4.1 billion to charity
Among the recipients are five organizations in Indiana, including two in Indianapolis.
Charitable donations on Giving Tuesday increase 25%
Giving Tuesday was launched in 2012 as a way to get people to donate on the Tuesday after Thanksgiving, when people are already opening their wallets for the kickoff of the holiday shopping season.
Former Indiana lieutenant governor donates $2M to Northwestern journalism school
John Mutz made the donation to establish a newly endowed chair at Northwestern University’s Medill School of Journalism that will study and support innovation in local news at the school.
Prominent executives give big to Holcomb in governor’s race
Even as he’s worked to lead the state through the coronavirus pandemic, Gov. Eric Holcomb has managed to raise millions of dollars for his reelection campaign.
Holcomb maintains significant cash advantage in governor’s race
Republican Gov. Eric Holcomb nearly quadrupled his Democratic opponent in fundraising during the third quarter, according to campaign finance figures released Thursday afternoon.
Indiana University ends Bicentennial Campaign with nearly $3.9 billion
In announcing the final totals for the campaign Thursday evening, the university said more than 320,000 alumni and other donors from all 50 states and more than 100 countries contributed to the effort.
Marian University plans new engineering school with $24 million gift
The Indianapolis university said it was halfway to its $50 million fundraising goal for the school after a $24 million gift from the Witchger family and other donations.
Alumnus Tuchman and husband make $4M gift to further diversity at IU McKinney
In honor of their contribution, the atrium in Lawrence W. Inlow Hall, the law school building, will be name the Steve Tuchman and Reed Bobrick Atrium.
Co-founder of biomedical giant Biomet donates $10M to Rose-Hulman
Rose-Hulman, which offers the country’s top-rated undergraduate engineering program, said the gift was among the largest individual donations in institute history.
Indianapolis to share in $5M donation from NBA player Jrue Holiday
Jrue Holiday and his wife, Lauren, a former U.S. national team soccer player who was born and raised in Indianapolis, plan to donate about $5 million to social justice causes.