A group formed to support a prized collection of Abraham Lincoln artifacts has raised $6.9 million in its first six months,
including $3 million from Lilly Endowment. Friends of the Lincoln Collection in Indiana announced the fund-raising milestone
Wednesday afternoon.
Representatives of three international organizations will visit Indianapolis-based Kiwanis International this week to make
their cases to become its next worldwide cause—and the beneficiary of tens of millions of dollars the organization could
raise with help from its 600,000 members.
Melvin Simon’s
daughter Deborah filed court papers Thursday afternoon charging her father was coerced into approving a
new estate plan in February 2009 that dramatically increased the amount of his fortune going to her stepmother, Bren.
Lilly’s death on Dec. 30 at age 94 will trigger the release of hundreds of millions of dollars from her
estate, with perhaps as much as $200 million flowing to the fledgling Ruth Lilly Charitable Foundation.
With a year to go before completion of a 1,600-seat concert hall, Executive Director Steven Libman added Jeremy Hatch as development
director.
Professionals liquidating the not-for-profit have so far recovered nearly 68 percent of the $82 million owed
investors.
The Children’s Bureau Inc. has moved into offices in the Gene Glick Family Support Center.
The move represents the first time in 50 years that Children’s Bureau administrators have worked in the same building
that
houses their programs for families and children in crisis.
Lilly, 94, who died Wednesday, gave away hundreds of millions of dollars of her fortune during her lifetime.
Over the course of her life, the last surviving great-grandchild of pharmaceutical magnate Eli Lilly gave away much of her
inheritance.
The group, which rang up more than $3 million in debt before changing course in 2008, had been operating at a deficit for
six years.
The Washington Township Schools Foundation on the north side is among those that wants to raise money
for buildings and other high-cost needs.
Central Indiana residents are being invited to host informal dinners for small groups of foreign visitors.
People who raise money for a living are more optimistic about their prospects now than they were six months ago, reports
the Center on Philanthropy at IUPUI.
Over the past four years, Carrier has donated $71,000 for the purchase of equipment and software that will
allow mechanical engineering students at IUPUI to do more advanced work.
Net Literacy increases computer access, computer and Internet literacy, and Internet safety awareness while providing student
volunteers job skills, life skills, and an opportunity to participate in service to their community.
The retired president and CEO of the former Indiana Gas Co. has donated $1 million to the philanthropic wing of a central
Indiana hospital network.
Observers offer various explanations for the lack of mergers, including that staff and budget cuts have left many not-for-profits
without the manpower or time for due diligence.
The Indianapolis Symphony Orchestra experienced a year of financial and leadership shocks, as it reported a $2.8 million
budget shortfall and abruptly dismissed Music Director Mario Venzago.
Lilly Endowment will give The Nature Conservancy in Indiana $1 million for its headquarters building, possibly reducing
the need for extensive borrowing.
Here is a list of Indianapolis-area not-for-profit organizations and the things each needs most.
