Lilly donating $12.4 million to United Way
Eli Lilly and Co. said Monday it plans to give $12.4 million to the United Way, the largest single charitable donation in the company’s history.
Eli Lilly and Co. said Monday it plans to give $12.4 million to the United Way, the largest single charitable donation in the company’s history.
The United Way of Central Indiana has set a $40.8 million goal for its annual fundraising campaign, the group announced Friday. The Indianapolis-based not-for-profit is shooting to exceed last year’s campaign record of $40.6 million.
Ellen K. Annala, who has led the United Way of Central Indiana as CEO for 14 years, will retire next year, the not-for-profit announced Wednesday afternoon.
The gift will enable the accelerator to keep providing consulting services to mid-size Indiana businesses using the experience of consultants, as well as Butler University faculty and students. It launched in 2005 with the help of a $22 million grant from the endowment.
Charitable giving grew 4 percent nationally in 2011, but the increase was less than 1 percent after adjusting for inflation, according to a report released Tuesday by the Giving USA Foundation and The Center on Philanthropy at Indiana University.
The Indiana Achievement Awards is going on what organizers called a “sabbatical,” though its return isn’t guaranteed. The change is the result of a loss in grant funding for all not-for-profit programs at the IUPUI Solution Center, which organized the awards.
United Way of Central Indiana is projecting that its 2011 annual campaign will raise a record-breaking $40.6 million, topping the previous high of $39 million in 2007.
Marilyn K. Glick, who with her husband Gene B. Glick donated millions of dollars in recent years to civic projects such as the Indianapolis Cultural Trail, died of cancer Friday at the age of 90.
The Lilly Endowment is giving a $3.15 million to the Indiana Association of United Ways to help southern Indiana recover from recent tornadoes and other storms.
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 museum will put the money, its largest gift ever, toward boosting its endowment and adding an array of interactive features in its galleries.
United Way of Central Indiana hopes to raise a record $39.2 million in its next campaign, which would surpass its 2007 fundraising level.
In a promotion fit for the economy, United Way of Central Indiana will try to lure donors by offering them access to discounts from national and local retailers.
Printing Partners is one of the top 10 corporate arts supporters in the nation, according to Americans for the Arts in Washington, D.C.
United Way of Central Indiana will reserve about $2.65 million, or nearly 7 percent of the $38.2 million it raised in its annual campaign, to cover uncollected pledges from Hoosiers who lose their jobs.
The amount to be given to local agencies is 3.6 percent less than last year. United Way raised a total of $38.2 million in its 2010 campaign, falling short of an ambitious $41 million goal.
Chatham Commons, at the northeast corner of East and St. Clair streets, includes walking paths, a pergola, brick benches, plantings and a Tom Otterness sculpture that was part of a public art exhibit here in 2005.
At a time when the not-for-profit sector is buzzing with terms like “scaling impact” and “venture philanthropy,” few native not-for-profits have sown seeds outside Indiana. Leaders and funders emphasize the need the serve the local market first.
Indianapolis Mayor Greg Ballard will participate Thursday morning in a national online meeting as part of an education initiative that hopes to attract 1 million volunteers.