Women spur change with $100K gifts
Impact 100 of Greater Indianapolis has more members this year than ever before, it’s up to nearly 700 alumni members, and it has awarded $1.76 million since its 2006 founding.
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Lilly Endowment assets ebb in 2016 as it grants $452.8M
After several years in which the value of its assets swelled, philanthropic giant Lilly Endowment Inc. watched its coffers shrink 12.7 percent in 2016 from about $11.8 billion to $10.3 billion.
Mind Trust drawing big dollars from national donors
The reputation the education reform group has engendered with its work in the city has spread—and therefore so has its donor base.
Last year, 31 donors gave $267M in big gifts to Hoosier not-for-profits
Of the top five contributions from Indianapolis-area donors, four set records as the largest the organization had ever received from an individual.
Which local philanthropists made major donations in 2016 and where the money went
Which local philanthropists made major donations in 2016 and where the money went
Mind Trust lands another $7.2 million from Lilly Endowment
The Mind Trust, an Indianapolis-based not-for-profit that promotes education reform, will use the funds to support Innovation Network Schools and recruit school leaders.
Lilly Endowment dishes out $100M to local human service agencies
The not-for-profits, some of which received as much as $10 million, include community centers, hunger relief agencies and social services groups. Most plan to use at least a portion of the money to create or fortify endowments.
Hunger-relief agencies report decline in year-end giving
Gleaners Food Bank of Indiana reported seeing a 10 percent to 15 percent decrease in donations for the year compared to last year, and Second Helpings said it had only hit 50 percent of its goal for monthly donations, as of Monday.
Tech entrepreneur Don Brown donating $30M to IU School of Medicine
The gift is the largest to the IU School of Medicine by an alumnus. The medical school will use the money to establish the Brown Center for Immunotherapy to fight some of the world’s toughest diseases.
Purdue renames chemical engineering school after $20M gift
Purdue University is renaming its School of Chemical Engineering after an alumnus and his wife who donated $20 million to the school.
Outreach center for homeless youth under way but still needs boost
The not-for-profit Outreach Inc. has started construction on the $3.3 million facility on the near-east side and hopes donors can come through with the final $300,000.
AIT meltdown derails huge Marian gift
Five years after pledging an astounding $48 million to help Marian University build a medical school, an Indianapolis businessman has paid only about one-fifth of that amount.
IU School of Medicine gets $2M gift to fund new faculty member
The Indiana University School of Medicine got the donation from the children of Indianapolis real estate developer Sidney Eskenazi. The endowed fund will be used to recruit a cancer researcher to Simon Cancer Center.
IU Art Museum to use $15M Eskenazi gift for major renovation
The Indiana University Art Museum in Bloomington has received a $15 million naming gift from Indianapolis-based philanthropists Sidney and Lois Eskenazi, in addition to an art collection of nearly 100 works.
Butler changes business school’s name after $25M Lacy gift
The school will now be called Andre B. Lacy School of Business, in recognition of the largest donation Butler has ever received from an individual or family.
IU-Kokomo scores $3.5M gift from Biglari board member
Longtime Steak n Shake and Biglari Holdings board member Ruth Janssen Person has donated $3.5 million to Indiana University Kokomo, where she served as chancellor from 1999 to 2008.
Donors pledge $15.4M to Ivy Tech’s central Indiana region
Launching a $22 million fundraising campaign on Friday, Ivy Tech officials announced that more than two-thirds already had been pledged, including the largest gift in the system’s history.
Papa John’s CEO helps fund BSU entrepreneurship institute
Ball State University alumnus John Schnatter and the Charles Koch Foundation are partnering on a $3.25 million grant to establish the center, to be named after the pizza chain founder.
Indy library boosts streaming offerings for movies, TV, music
The Indianapolis Public Library has multiplied the amount of media it makes available for free streaming through a partnership with the Hoopla online content service.
Churches embrace technology to keep donations flowing
Credit and debit cards are accepted nearly everywhere these days, but houses of worship are still trying to modernize the way donations are collected.