The average price Indiana farmers received for a bushel of corn reached a high last August of $7.18, nearly twice as much as the prior year. That kind of windfall tends to benefit farm-equipment sales, but it could also lead to more charitable giving.
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.
The Indianapolis Parks Foundation will start looking this week for a replacement for President Cindy Porteous, who plans to retire after 12 years at the not-for-profit.
Lilly Endowment is giving $6.6 million to support a new fundraising campaign by Indiana University's Public Policy Institute.
Leaders of the not-for-profit think the tree project will gain traction because people can participate with very small donations.
Top officials from Indiana University and its Kelley School of Business are set to make a “major” announcement Wednesday afternoon likely involving a gift from the Lilly Endowment.
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.
A City-County Council member and two associates persuaded an Indiana physician to invest $1.7 million in their foundation and an ethanol-production business they said would fund it, but instead spent the money on personal luxuries, according to a federal indictment filed late Tuesday.
Starting with a $1 million grant to Marian University’s EcoLab, the Nina Mason Pulliam Charitable Trust plans to start giving a greater share of its money to environmental groups.
Indianapolis-based Lilly Endowment Inc. is giving another big gift to help fund the Woodrow Wilson National Fellowship Foundation, which prepares career changers and college graduates to teach math, science, engineering and technology in rural and urban schools.
After the financial crisis of 2008, foundations in Indiana and across the country set up special relief funds for their communities. Ongoing support for the one formed in Indianapolis is just one sign of how the poor economy is still influencing grant-makers’ decisions.
The defamation case filed by former CEO Jeffrey Miller now has 17 defendants, many of whom are accused of posting disparaging comments on websites.
The Care for Kids Foundation, which has its roots in raising money for the former Children’s Guardian Home, will recruit its first class of 14-year-olds this summer for a four-year program called Opportunity Rox.
About half the amount will go to domestic violence agencies, including the Indiana Coalition Against Domestic Violence, Domestic Violence Network of Greater Indianapolis and The Julian Center.
Former all-pro offensive lineman Tarik Glenn has taken over the presidency of D.R.E.A.M. Alive to become more active in day-to-day operations.
The advocate for the state’s life sciences industry has now pulled in more than $25 million from the endowment.
TechPoint Foundation For Youth believes that youth should be equipped to address our state’s growing demand for a skilled work force.
The local supporter of alternative high schools across the country hopes the soft-drink maker’s rewards program will score national exposure.
ExactTarget plans to start a private foundation in 2012 that will support charities working on childhood hunger, education and entrepreneurship.
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.
