Once the nation’s wealthiest foundation, Indianapolis-based Lilly Endowment now ranks ninth among its grant-making
peers. The endowment’s value fell 15 percent last year, to an estimated $4.8 billion.
The Indianapolis affiliate of Susan G. Komen for the Cure plans to unveil what might be the first such “text-to-donate”
option offered among local not-for-profits.
The Central Indiana Community Foundation has stopped payment on a $3 million grant to Junior Achievement because of accounting
questions.
Victor George filed suit in federal court, alleging Junior Achievement failed to properly remit money to his retirement and
health-savings accounts.
Michele Thomas Dole has been a wealth adviser at JP Morgan Chase and development director of the IU Foundation.
The cuts, both in Bloomington and Indianapolis, come as part of an effort to trim $2.4 million from the fund-raising group’s
$26 million operational budget.
Joy’s House is committed to supporting families by providing exceptional adult day service.
Bill Cook, Dean White, Jim Irsay and Herb Simon have made Forbes magazine’s annual list of the richest people
in the world.
Lilly Endowment’s resistance to diversify its holdings reached a new height last year, as it failed to sell a single share
of the underperforming Eli Lilly and Co. stock while the broader market surged.
Corporate contributions, volunteerism help shore up struggling city department after recession-driven cuts reduce budget by
nearly one-fifth.
Pledges to St. Vincent, Indianapolis Museum of Art should be paid by trusts, foundations affiliated with Bren Simon, court
papers allege.
Trusted Mentors Inc. uses the power of mentoring to help adults establish stable lives by reducing the chaos brought about
by poverty, homelessness, under-employment, and the effects of incarceration.
Organizations like Kiwanis boost awareness of international needs, which otherwise rank low on Americans' giving priorities.
Indiana University's new basketball training complex will be named after billionaire entrepreneur Bill Cook and his wife.
IU athletic director Fred Glass says the Cooks gave $15 million—the single largest gift in IU athletics history—toward
the nearly $20 million basketball training center.
The Indianapolis-based service organization has 239,000 adult members, down 26 percent from the 1992 peak of 324,727.
The not-for-profit on Monument Circle announced its initiation fees will be waived for all chamber members.
Matthew Morris will oversee fund raising for the world service project that Indianapolis-based Kiwanis will announce
in June.
Camptown Inc. challenges, mentors and teaches youth about life through outdoor adventure and nature programs that help
build confidence, character, and hope.
Most know him as a retired captain of industry—of banking, as chairman of First Indiana Corp., and law, as co-founder
of Bose McKinney & Evans. Few know that Robert H. McKinney started out planning to become a national park guide.
Many not-for-profits struggled to raise money in 2009, but a local agency that helps cancer patients said it actually saw
an increase in donations.
