Mind Trust lands $1.5M donation from Walton Family Foundation
The grant is part of more than $100 million in funding the Walton Foundation announced Tuesday morning that will go toward improving education.
Philanthropy
Articles
Pogue’s Run Grocer going out of business
The food cooperative's board said "sales have hit an all-time low" and that the grocery doesn't have enough money to pay employees. The final day will be Monday.
Charitable giving in United States tops $400 billion for first time
A surging stock market and huge gifts from billionaires fueled a big increase in giving in 2017, according to the annual Giving USA report by the Indiana University Lilly Family School of Philanthropy at IUPUI.
DePauw lands $20M gift from former Wells Fargo chairman, wife
DePauw University has received a $20 million donation from 1968 graduates Steve and Karen Sanger to create a leadership program, the school announced Thursday.
Harrison Center evolves into arts hub
Unlike many other galleries that empty out on non-opening days, the Delaware Street arts hub is a constant whir of activity.
Not-for-profits weather surge in turnover of top execs
Local organizations have recently seen a spike in leadership turnover, with at least 80 organizations advertising for a new CEO, executive director or president since the beginning of 2017.
Ivy Tech Foundation lauded for fundraising
Ivy Tech raised $16.4 million in 2017, exceeding the No. 2 community college fundraiser by 43 percent, according to a survey.
Athenaeum president to leave post at 124-year-old landmark, travel globe
After 11 years in charge of preserving and reinvigorating the landmark of local German culture, Cassie Stockcamp plans to decamp for Africa, South America and Southeast Asia.
New tax break may bolster neglected neighborhoods
Neglected neighborhoods in Indianapolis that have been targeted for development will soon have another way to attract investors.
LISC facade grants aim to boost small businesses through beautification efforts
The program has awarded more than $3.1 million to Marion County businesses since 2004—which has leveraged more than $10.6 million in property owners’ investment.
City-County councilor named CEO for Boys & Girls Club of Indianapolis
Maggie Lewis, who will continue serving on the council, has prior leadership experience with not-for-profits.
Glick Philanthropies breaks ground on $2M ‘success center’ for apartment residents
Carriage House East, which houses 2,000, was a for-profit property until Glick restructured ownership of the complex in 2016 to give it a social service mission.
Girls Inc. of Greater Indianapolis names new leader
The former chief of staff of the Indiana Bureau of Motor Vehicles will replace Pat Wachtel, who retired in January after overseeing the organization for 11 years.
1 in 5 Indianapolis residents lives in poverty. And many areas are getting worse.
Median household incomes have dropped in a full third of Indianapolis ZIP codes since 2000. Inequality is growing across the city.
Newspaper: Lilly Endowment administrator, formerly a prostitute, helped pastor defraud foundation
A convicted prostitute who had a 40-year administrative career at Lilly Endowment Inc. secretly worked with a prominent Florida pastor to defraud the Indianapolis-based charitable foundation out of tens of thousands of dollars, the Tampa Bay Times reported last week.
Meals on Wheels lands $1M grant to serve HIV patients
Meals on Wheels of Central Indiana plans to use the grant from the State Department of Health to deliver nutritious food in areas of Indiana with large populations of people infected with the virus that causes AIDS.
Indiana group to create app to teach doctors about opioids
The Richard M. Fairbanks Foundation awarded $230,000 to the Indiana State Medical Association this week to develop the app and an accompanying podcast.
Carmel arts groups shut out as Lilly Endowment funnels millions into Marion County
Mayor Jim Brainard’s vision to turn Carmel into a performing arts hub anchored by a world-class concert hall has come true, but without the support of central Indiana’s most important arts funder.
Lilly Endowment names new vice president for community development
The Indianapolis-based private foundation announced Wednesday that Robert L. Smith will succeed Wallace “Ace” Yakey Jr., who is retiring June 30 after serving in the position since 2012.
Indy Habitat for Humanity study shows clients earn more, spend less
The effects of Habitat home ownership include increased higher education attainment, better financial security and reduced stress.