Indianapolis Opera stays afloat as peer companies call it quits
Next season will start later and feature a money-saving collaboration with Indiana University.
Philanthropy
Articles
Mind Trust awards $1M to two charters to expand school models
The Indianapolis-based education reform group The Mind Trust will announce June 25 that it is awarding $1 million apiece to Indianapolis-based Christel House Academy and Boston-based Phalen Leadership Academies to launch new charter schools in Indianapolis.
Innovate Indy nurtures community-improvement ideas
Innovate Indy, a program of the Indianapolis Neighborhood Resource Center and Public Allies Indianapolis, encourages citizens to act on their ideas for improving the city. One of the most promising ideas to result: Re-Hub, which aims to reuse materials from abandoned homes.
Report: Charitable donations ticked up in 2011
Charitable giving grew 4 percent nationally in 2011, but the increase was less than 1 percent after adjusting for inflation, according to a report released Tuesday by the Giving USA Foundation and The Center on Philanthropy at Indiana University.
NFP of NOTE: Crohn’s and Colitis Foundation, Indiana Chapter
Crohn’s and Colitis Foundation's mission is to cure Crohn's disease and ulcerative colitis, and improve the quality of life of children and adults affected by these diseases.
Little Red Door absorbs program of group that’s disbanding
Fishers-based Cancer-Free Lungs decided last year it was ready to shut down.
Gay youth group appeals license plate revocation
The American Civil Liberties Union is representing the Indiana Youth Group in its appeal of the state's March decision, arguing the BMV selectively enforced the policy that led to the ban.
Shipwreck treasure on display at Children’s Museum
Indiana University divers searching the site of a 1725 shipwreck found the booty and other artifacts including musket balls and ceramics. The discovery was introduced to the public Tuesday at the Children's Museum of Indianapolis.
Indiana basketball star returns to west-side community center
Steve Downing is now on the board of Christamore House, where he and others once honed their hoops skills.
Largest senior center in city to close at end of month
Indianapolis Senior Center, 708 E. Michigan St., is directing clients to other agencies for meals, transportation and other services the center has provided since 1962.
NFP of NOTE: Boys & Girls Clubs of Indianapolis
Boys & Girls Clubs of Indianapolis believes that every young person deserves to live a life filled with hope and opportunity.
Investment gains push Lilly Endowment’s worth to $6.2B
Lilly Endowment earned $884.6 million on its Eli Lilly and Co. stock in 2011, bringing the total worth of the grant-making powerhouse to $6.2 billion.
Endowment’s resurgence emboldens IMA’s leaders
After three years of shrinking budgets, Indianapolis Museum of Art leaders are ready to leave the lean times behind. The IMA’s endowment, which has covered close to 70 percent of operating expenses, is on the rebound and reached $324 million at the end of last year.
NFP of NOTE: Cornea Research Foundation of America
The Cornea Research Foundation of America is a not-for-profit clinical research organization dedicated to the preservation and restoration of vision.
Community foundations recovering from recession
Many have bounced back and report asset levels that exceed their 2007 highs.
Charity watchdog flags symphony’s fiscal troubles
ISO says Charity Navigator failed to account for endowment money that should have kept it off “deep trouble” list.
NFP of NOTE: Partners In Housing
Partners In Housing assists the homeless and people with special needs by eliminating barriers to safe, affordable housing through the creation of beneficial partnerships.
Purdue gets $10 million gift for leadership center
Purdue University will use a $10 million anonymous gift to help build a facility dedicated to encouraging student excellence and leadership.
Damien Center pays off building mortgage
Agency that offers HIV- and AIDS-related services owns its headquarters free and clear after $3 million capital campaign.
Participation in annual Komen event off 28 percent
Participation in Saturday's Central Indiana Race for the Cure in downtown Indianapolis dropped about 28 percent from last year's event, to 27,126. Last year's race, held on a cold, rainy day, drew 37,450 people.