Grant-makers, stung by market crash, favor safety-net causes, discourage new...
Some major foundations in central Indiana are narrowing grantmaking criteria so they can funnel their reduced asset streams toward pressing needs brought on by the recession.
View ArticlePolis Center's Spirit and Place Festival wants place on your schedule
The civic festival Spirit and Place, which runs Nov. 5-16, has been a fixture of the fall season since 1996, but organizers are still trying to explain to Indianapolis residents what it’s all about.
View ArticleCICF lost more than its foundation peers in '08
The $491 million Central Indiana Community Foundation has switched investment advisers after the market crash of 2008, a year in which it saw greater losses than many of its peers.
View ArticleLilly Endowment boosts emergency fund by $1M
The fund has helped more than 6,000 households in six counties pay for housing, utilities and food.
View ArticleExpected flurry of charity mergers fails to materialize
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.
View ArticleContractors seek answers over Junior Achievement project
The Central Indiana Community Foundation has stopped payment on a $3 million grant to Junior Achievement because of accounting questions.
View ArticleRetired Junior Achievement exec files defamation suit
Former Junior Achievement CEO Jeff Miller says Mayor Greg Ballard was about to hire him as a senior policy adviser, but comments by Central Indiana Community Foundation President Brian Payne and...
View ArticleWomen's Fund sets $20 million goal for endowment
The Women's Fund of Central Indiana recently completed an endowment drive that raised $7 million, making the endowment one of the largest of its kind in terms of assets.
View ArticleFate 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.
View ArticleJA working its way out of real estate troubles
If the debt refinancing is completed, Junior Achievement would be nothing more than a tenant at the Gene B. Glick Junior Achievement Education Center.
View ArticleShuttered school finding new life as community center
Two years after Indianapolis Public Schools closed School 37, a multimillion-dollar redevelopment project is set to breath new life into a building that served the Martindale-Brightwood community for...
View ArticleHamilton County foundation president leaving
Legacy Fund President Brad Little is stepping down to take a similar job in Iowa. In three years, the foundation serving Hamilton County has grown from $25 million to $40 million in assets.
View ArticleWilson sculpture prompts talk about race, art
The Chicago-based Joyce Foundation has granted $50,000 to support the Central Indiana Community Foundation’s ongoing outreach efforts surrounding the controversial sculpture.
View ArticleState fair foundation sets up fund for victims
Hoosiers have already given thousands of dollars to the Indiana State Fair to help victims of Saturday's stage collapse.
View ArticleDecision nears on fate of freed-slave sculpture
Controversy has swirled around a piece of art commissioned for the Cultural Trail’s $2 million public art program. What ultimately happens to Fred Wilson’s “E Pluribus Unum” sculpture of a freed slave...
View ArticleJunior Achievement lawsuit swells with defendants
The defamation case filed by former CEO Jeffrey Miller now has 17 defendants, many of whom are accused of posting disparaging comments on websites.
View ArticleGrant-makers adapt to post-recession normal
After the financial crisis of 2008, foundations in Indiana and across the country set up special relief funds for their communities. Ongoing support for the one formed in Indianapolis is just one sign...
View ArticleCultural Trail leaders cancel plans for controversial statue
The Central Indiana Community Foundation and Indianapolis Cultural Trail Inc. have pulled the plug on a controversial sculpture depicting a freed slave.
View ArticleFoundations try to tap grain farmers' wealth
The average price Indiana farmers received for a bushel of corn reached a high last August of $7.18, nearly twice as much as the prior year. That kind of windfall tends to benefit farm-equipment sales,...
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