Ruth Lilly estate donates $10.7M to Indiana University
Indiana University will receive donations totaling $10.7 million from the estate of late philanthropist Ruth Lilly, the university announced Wednesday morning.
Indiana University will receive donations totaling $10.7 million from the estate of late philanthropist Ruth Lilly, the university announced Wednesday morning.
The 2010 rankings released by the Council for Aid to Education rank Indiana University first in the Big Ten, first among public universities and 10th in the nation in voluntary backing with $342 million in gifts and non-governmental research grant funds.
United Way of Central Indiana’s 2010 annual campaign fell short of its ambitious $41 million goal, but donations nearly matched the 2009 total.
Lilly Endowment Inc. is continuing its decades-long support of the Indianapolis Neighborhood Housing Partnership, awarding the not-for-profit a $6.3 million grant to help low- and middle-income families become homeowners.
Local attorney Lawrence Reuben has chosen two fledgling organizations—the Immigrant Welcome Center and Grameen Bank of Indiana—for the largest of $8 million in gifts from his mother’s estate.
Building Tomorrow, which builds schools in Africa, usually finds its support on college campuses.
College fundraising was flat during the 2010 fiscal year as a recovering stock market failed to instill donors with confidence. But Indiana University bucked the trend.
The Salvation Army of Indiana announced Wednesday morning that it reached its holiday fundraising goal of $2.93 million after a last-minute appeal.
Gleaners Food Bank is wrapping up an ambitious capital campaign, announcing Wednesday that it has exceeded its goal despite the difficult economic environment.
Rick Alvis looks back on 20 years at Wheeler Mission and ahead to a capital campaign and expansion of a downtown shelter.
Marlowe and Patricia Kluter of Richmond designated 13 churches, schools and charities to share more than $6 million from their estate.
$300,000 from the local philanthropists is the hospital’s first naming-rights gift.
The university announced Monday it would match the $10 million being donated by Kenneth Meyer, the retired chairman and chief executive officer of Lincoln Capital Management Co. The money will fund eight fellowships a year.
Wealthy philanthropists drew the purse strings tightest on health organizations, where the average gift dropped 63.7 percent.
Riley Children’s Foundation raised $201 million through its “Hope Happens Here” fundraising campaign, the Indianapolis-based not-for-profit announced Wednesday. The money will be used to support Riley Hospital for Children.
Study conducted by the Center on Philanthropy at Indiana University shows 98 percent of high net-worth households donated to charity in 2009, but the overall amount fell nearly 35 percent from 2007.
An Indiana couple is making a $45 million donation to the University of Maryland School of Medicine, which will use the money to establish a research center to study autoimmune and inflammatory diseases.
After pledging $62 million for a series of high-profile capital projects in and around Indianapolis, Eugene and Marilyn Glick’s charitable foundations are changing directions, making programs and services their top priority.
Getting 8,500 volunteers to where they're supposed to be along Interstate 70 relies on a system of color-coded passes. By 6 p.m. Thursday, they'll have planted 1,600 trees and 72,000 shrubs and perennials (with photo gallery).