Lilly Endowment awards $11M to 19 local groups serving immigrants
The Indianapolis-based philanthropy giant says the grants are intended to help immigrants acclimate to life in central Indiana and make progress toward self-sufficiency.
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Younger Simon uses his influence as Pacers co-owner to better Indiana
The eldest son of Indiana Pacers majority owner Herb Simon has made passionate forays into civic engagement, creativity and philanthropy.
Pacers, Colts team with city on Drive & Dish initiative to reduce food insecurity
The new program aimed at several city neighborhoods has a $530,000 fund, which includes donations from Carlisle, Pacers minority owner Steve Simon, Pacers Sports & Entertainment, and the Indianapolis Colts.
Christel DeHaan foundation distributes $55M as it ceases operations
The foundation spent itself down to zero this year, distributing legacy grants to arts organizations, the University of Indianapolis and not-for-profits focused on military families, former prison inmates, HIV prevention and animal conservation.
Study: United Way grants provide $45M annual boost for regional economy
The study from the Kelley School of Business Indiana Business Research Center found the United Way of Central Indiana helped support groups that had a $1.52 billion impact on the regional economy since 2020.
Friends of Indy Animals raises $6.7M for new shelter; mayor announces new location
The not-for-profit has already reached 95% of its fundraising campaign’s $7 million goal for the $37 million project, which is now set to be built at 5001 E. Raymond St.
UIndy lands $4.1M grant from Christel DeHaan Family Foundation
The school said the grant will support the university’s Center for Global Engagement with $3 million and the Christel DeHaan Fine Arts Center with $1.12 million.
IU Health Foundation launches $200M fundraising campaign
Indiana University Health Foundation, the fundraising arm of IU Health’s adult hospitals, is launching the campaign with the ambitious goal of making Indiana one of the healthiest states in the country.
Foundation commits $4M to boost college enrollment at Indianapolis-area schools
The Fairbanks Foundation is providing schools with a cash infusion in an effort to boost Indiana’s college-going rate.
Greenlight Guru CEO offers top-flight gym to boost young basketball players
David DeRam has used his Progeny Foundation and contributions from clients and partners to invest $10 million in a private, world-class training arena for youth basketball in Indianapolis that opened last year.
Youth-racing initiative that focuses on children of color aims to gear up
NXG Youth Motorsports has signed an option to purchase a 2.2-acre, city-owned plot just west of the former Central State Hospital site on the west side of Indianapolis.
Riley Children’s Foundation lands $10M gift from Walther Cancer Foundation
Walther will provide a one-for-one match for donors who establish endowed children’s cancer research funds at Riley Children’s Foundation, a move that could result in at least $20 million for research of new treatments of children’s cancers.
Good vibes put you in a philanthropic mood, researchers say
Although images of suffering—aka “sadvertising”—motivate some people to give to not-for-profits, organizations also can benefit from a feel-good approach, the study says.
Indianapolis-based Ren Inc. snags big investment from Bain Capital fund
Ren, an Indianapolis-based financial technology firm, says it received an investment of between $75 million and $300 million from a fund associated with Boston-based Bain Capital. It’s the first outside funding Ren has taken in its 36-year history.
Jim Irsay announces encore of memorabilia exhibition, concert at Lucas Oil Stadium
The concert and exhibition of pop culture artifacts owned by the Indianapolis Colts owner follows a similar event staged last year before the beginning of the NFL season.
Marianne Tobias, philanthropist and classical music advocate, dies at 82
She first gained public notice as a piano soloist with the Indianapolis Symphony Orchestra at age 12. She later endured the tragic deaths of both her father and her husband Frank McKinney Jr. in separate airplane crashes.
Indiana to host Farm Aid benefit concert for third time
Farm Aid founders Willie Nelson, Neil Young and John Mellencamp will top the bill at Ruoff Music Center.
Gleaners looking to tech to help feed state’s needs
Gleaners Food Bank of Indiana’s core mission of providing food relief has become a lot more complicated over the past few years, thanks to the pandemic, and the organization is looking to technology to help it navigate its “new normal.”
New Black Expo CEO emphasizes organization’s year-round initiatives
Indiana Black Expo is known for its Summer Celebration and fall Circle City Classic events. But Alice Watson says the not-for-profit promotes social and economic advancement of Black residents throughout the state 12 months a year.
Report: Charitable giving drops for only the 4th time in 40 years
The decline comes at a time when many not-for-profits, especially ones providing services to those in need, report an increase in requests for help.