Lilly Endowment’s value drops to $5.3 billion
Lilly Endowment announced Monday that its assets declined 7 percent, to $5.3 billion, in 2009, as the foundation continued
to lose money on Eli Lilly and Co. stock.
Philanthropy
Articles
NFP of Note: CICOA Aging & In-Home Solutions
CICOA’s mission is to help older persons and
those of any age with a disability to live with the greatest possible independence, dignity and quality of life.
Coffee sales give Christel House a boost
Indianapolis-based Christel House is brokering sales of in-room coffee to resorts around the country, taking a 10-percent
royalty to do so. The coffee is roasted by Indianapolis-based Copper Moon Coffee Co. and packaged in red and green bags decorated
with drawings by students at Christel House’s schools.
Interfaith Hunger Initiative hopes Dalai Lama draws crowd
The group hopes to raise as much as $100,000 in conjunction with May 14 talk at Conseco Fieldhouse.
Glick Eye Institute designed to mesh architectural styles, ophthalmology researchers
The new home for the Eugene and Marilyn Glick Eye Institute that’s rising from the ground at IUPUI must do a lot
of things well.
MOUNAYAR: Indianapolis should rediscover public spaces
Too few of the city's revitalization projects are connected by attractive sidewalks, streets, gardens and plazas.
Wishard Foundation appoints new leader
Ernest Vargo II’s Vargo’s top priority will be guiding the foundation’s $50 million capital campaign for the construction
of the new, $754 million Wishard Hospital.
Fate of $200,000 JA scholarship a mystery
The turmoil that now engulfs Junior Achievement of Central Indiana likely was spawned by questions that arose in 2008 about
the handling of a scholarship fund worth about $200,000.
SKARBECK: Diversifying not sure fix for Lilly Endowment woes
Lilly Endowment has been a substantial Lilly stockholder for 73 years, so to focus on the past decade is a mistake.
LEADING QUESTIONS: Conner Prairie CEO on missteps, ‘The Matrix’
Ellen Rosenthal, CEO of the 19th-century history park, shares her biggest career blunder, how to raise funds in a recession,
and how Conner Prairie is like a certain sci-fi film.
Penrod Society thief sentenced to five years
Marion County Superior Court Judge Stanley Kroh sentenced Brandon Benker to three years in prison and two years in a Community
Corrections program, in which he may be assigned to work release or home detention. Benker stole more than $380,000 from the
group in 2008.
Brightpoint, Comcast employees ramp up volunteer efforts
Brightpoint employees fanned out across Marion and Hendricks counties the week of April 17, donating more than 400 hours to
seven organizations. Comcast was expecting 1,000 volunteers to help organizations across the state on April 24.
Scott Jones brings Lemonade Day to Indianapolis kids
Launched in Houston three years ago, Lemonade Day aims to educate children from pre-kindergarten through high school how to
start, own and operate their own small businesses.
School project takes architect to Eastern Europe
Dan Schmidt of Indianapolis-based Schmidt Associates Inc. architecture firm has returned from a trip to Georgia helping to
evaluate school infrastructure there.
NFP of NOTE: Coburn Place Safe Haven
Coburn Place opens a door through which women and children fleeing domestic violence can find safe haven.
Race organizers hoping for last-minute registration rush
As of Friday, 39,900 people had signed up for the local Race for the Cure, which drew 42,000 last year and 45,000 in 2008.
The Indianapolis event is the sixth-largest in the country, but it ranks 70th nationally in terms of dollars raised.
Historic preservation group poised to expand role
Historic Landmarks' endowment is down sharply, but executives believe they can afford to take on the cultural-events-center
project.
Cook promises Old Centrum work will be done by year-end
Philanthropist Bill Cook will manage a $7 million restoration of the former Old Centrum building at
12th Street
and Central Avenue in Indianapolis, and the newly renamed Indiana Landmarks will move its headquarters there.
Historic Landmarks to announce move, name change
Historic Landmarks Foundation of Indiana is expected to announce Tuesday that it will move its headquarters to the Old Centrum
at 12th Street and Central Avenue in Indianapolis.
Butler University basketball player Jukes supports students in Uganda
Jukes raises money so Ugandan children can attend secondary school through his Jukes Foundation for Kids.