Articles

City-County councilor, two others indicted in scheme to defraud

A City-County Council member and two associates persuaded an Indiana physician to invest $1.7 million in their foundation and an ethanol-production business they said would fund it, but instead spent the money on personal luxuries, according to a federal indictment filed late Tuesday.

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Grand jury indicts City-County Councilor Paul Bateman

The indictment charges the Democrat and associates used a charitable foundation to obtain money from a doctor that was to be used for investments, but instead went toward vehicles, entertainment and travel for themselves and others.

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Waltons give $1 million to Mind Trust charter incubator

The $1 million grant from the Arkansas-based Walton Family Foundation will fund a team that will open its first charter school in the 2013-2014 school year as part of what the group hopes will become a network of high-performing charter schools.

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NFP of NOTE: Flanner House of Indianapolis

Flanner House of Indianapolis supports, advocates for and empowers individuals, children and families by applying educational, social and economic resources that move the community toward self-sufficiency.

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Lilly Endowment gives $4.9M for teaching fellowships

Indianapolis-based Lilly Endowment Inc. is giving another big gift to help fund the Woodrow Wilson National Fellowship Foundation, which prepares career changers and college graduates to teach math, science, engineering and technology in rural and urban schools.

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