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.
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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.
Indiana 250: Frank Basile
Frank Basile is one of Indianapolis’ premier philanthropists. He retired in 2008 from a 33-year career with Gene B. Glick Co., where he was senior vice president. Since retiring, he’s served as board chair or president of 11 not-for-profits and is on the board of eight, including the Arts Council of Indianapolis, Phoenix Theatre and […]
CICF, Indianapolis Foundation unveil new leaders
The Central Indiana Community Foundation and The Indianapolis Foundation on Thursday announced new leaders who take over this summer after the retirement of Brian Payne, who has led the organizations for 23 years.
Michael A. McRobbie and Laurie Burns McRobbie: Philanthropists need to invest in behavioral health, too
Today, we ubiquitously use the word “crisis” to describe this situation, but it is no longer an exaggeration.
First Baptist Athletics campaign gets big gifts from Lilly Endowment, real estate firms
More than a dozen major gifts have been made for the youth sports facilities project, with most coming from real estate companies and associated foundations whose leaders have connections to the organization.
500 Festival makes public launch of $5M capital campaign
The campaign was privately launched in 2021 and has already raised $3.4 million from more than 150 donors.
Taylor University announces $20M gift, largest in school history
Citing data from Indiana University Lilly Family School of Philanthropy, Taylor said the $20 million gift is the largest ever received by a Christian college or university in the state.
Donor privacy or secrecy? Not-for-profit disclosure bill nears law.
Indiana’s state and local governments wouldn’t be able to require the public disclosure of not-for-profit donor data in many cases under a proposal that is nearing law.
Colts owner Irsay part of effort to send killer whale back to wild
More than 50 years after the orca known as Lolita was captured for public display, plans are in place to return the whale to her home waters at a cost that could reach $20 million. An unlikely coalition involving Jim Irsay announced the agreement Thursday.
Mitch Daniels takes position with Carmel-based Liberty Fund
The Liberty Fund said the former governor’s work will focus on the creation of educational programming and partnerships that will strengthen the not-for-profit’s existing education programs.
Purdue lands $20M gift to develop leaders for pharmacy industry
The donation comes from the former CEO of Santa Barbara Specialty Pharmacy, which services California and five nearby states.
IBJ Podcast: Downtown fixture Wheeler Mission on verge of big transition
Wheeler Mission has been an integral part of downtown for more than 100 years and is intrinsically linked to quality of life issues and downtown’s image. It’s now in the middle of its first leadership transition in 33 years.
Purdue lands $50M donation for new business school
The Dean and Barbara White Family Foundation has committed $50 million for the undergraduate institute at the Mitchell E. Daniels Jr. School of Business at Purdue University, the school announced Monday.