Ingersoll-Rand donates time, money to IPS 94
Ingersoll-Rand donated $35,000 worth of materials, $15,000 for engineering and labor, and future support to IPS 94.
Ingersoll-Rand donated $35,000 worth of materials, $15,000 for engineering and labor, and future support to IPS 94.
Kathryn Morgan and Richard Cimera met at a dog park in Greenwood, where Cimera’s basset hound won over Morgan’s shy Labrador
and boxer mix. And the owners soon followed suit, dating and then marrying on June 13. When the Greenwood couple planned their
wedding, they wanted a way to share a bit of their happiness. So, in lieu of party favors, they made a donation to an animal-welfare
organization.
A $40 million gift from the Simon family to Riley Hospital for Children will help finish a new 10-story in-patient building and launch a fund-raising campaign, Riley Children's Foundation announced this morning.
Not everyone is welcoming the launch of an Indianapolis-based not-for-profit, backed by billionaire businessmen, that aims
to curb colleges’ discretion in spending donor contributions.
Not-for-profits that banked on consistent support from the banker down the street can no longer count on a tip of the top
hat, thanks to ever-larger mergers among institutions that have changed the dynamic of their charitable giving.
Indianapolis businessman Barton Kaufman is auctioning off 26 paintings by notable New York artist LeRoy Neiman. Kaufman plans
to donate the money to Indiana University, where he earned an undergraduate degree in 1962 and law degree in 1965.
Indiana University Kelley School of Business students will market and sell five lots along a strip of white sandy beach on
secluded Dog Island, Fla., as a class project that likely will span
several semesters. Whatever the students get for the land will be all profit.
Restricted gifts have long been common among foundations and corporate funders, but now individuals are getting into the act,
too. Experts say more donors are attaching conditions to their contributions to encourage the recipient to push itself to
achieve.
The charitable organization awarded 84 grants totaling nearly $22 million in 2005. Already this year, it has announced another
$24.5 million in high-profile, high-dollar gifts that will ensure the Fairbanks name isn't forgotten.