Tania Castroverde Moskalenko, incoming CEO of The Center for the Performing Arts, turned a $500,000 deficit into a $300,000 surplus at her current organization in Tennessee. The 18-month-old Carmel center’s budget is almost seven times larger.
Next season will start later and feature a money-saving collaboration with Indiana University.
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.
Fishers-based Cancer-Free Lungs decided last year it was ready to shut down.
After three years of shrinking budgets, Indianapolis Museum of Art leaders are ready to leave the lean times behind. The IMA’s endowment, which has covered close to 70 percent of operating expenses, is on the rebound and reached $324 million at the end of last year.
Agency that offers HIV- and AIDS-related services owns its headquarters free and clear after $3 million capital campaign.
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.
Local health care providers won’t find an easy replacement for the grant money supplied by Susan G. Komen for the Cure. That money could be in jeopardy, as grass-roots Komen supporters appear to be sitting out of this year’s Race for the Cure in response to a national controversy over grants to Planned Parenthood.
Brackets for Good pits one not-for-profit against another in an NCAA-tournament style fundraising competition.
Indianapolis-based Bully Prevention Alliance said the contractors will receive commissions for soliciting donations by telephone for the fledgling not-for-profit that aims to prevent bullying in schools.
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.
Indianapolis Symphony Orchestra trustees are seeking a new leader who can help reverse three consecutive years of seven-figure budget deficits, raise $100 million to replenish its endowment and motivate staff working for reduced pay.
A proposal to allow charities to pay people to run bingo, poker and other gambling games is too touchy of an issue to tackle this session, Indiana Senate Public Policy Chairman Ron Alting said Friday morning. Instead, he’ll request a summer study committee.
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.
Not-for-profits with multiple affiliates in the state would need only one gambling license to run fundraisers.
Indianapolis Super Bowl organizers raised $28 million from 131 mostly corporate donors to put on the NFL’s showcase event by simply asking—and promising almost nothing in return.
Lilly Endowment is giving $6.6 million to support a new fundraising campaign by Indiana University's Public Policy Institute.
The campaign launched in 2006 by the private Christian university raised $113 million. Funds will help support academic programs and scholarships, in addition to operational needs.
The organizer of the IndyFringe Festival bought the building it has rented for three years and is raising money to expand it.
YMCA of Greater Indianapolis officials have started a $40 million fundraising campaign that will be used to fund three more local locations, including a much-delayed $10 million facility in Pike Township.
