Central Indiana Community Foundation (CICF) and its affiliates, The Indianapolis Foundation and Legacy Fund, have announced additions and new leadership for their boards of directors. Changes were approved in December board meetings and are effective immediately.
The Indianapolis Foundation
The four-year, full-tuition scholarship recipients were nominated by interview committees at The Indianapolis Foundation, a CICF affiliate serving Marion County, and Legacy Fund, a CICF affiliate serving Hamilton County. Seventy-two and thirty-five students were interviewed in each county, respectively, and finalists names were submitted to Independent Colleges of Indiana, Inc. for final scholarship selections.
CICF recently awarded $1,078,372 to 49 area not-for-profit organizations through The Indianapolis Foundation, a CICF affiliate, and Central Indiana Senior Fund, a CICF field of interest fund. Grants were approved by their respective boards and committee members in November.
Twenty-five Marion County not-for-profits will benefit from grants totaling $1,266,717 from The Indianapolis Foundation, an affiliate of Central Indiana Community Foundation. Awards were approved by the Foundation’s six appointed board directors.
Communities across Marion County are taking action to reduce crime and positively intervene in the lives of the city’s most vulnerable residents. Forty-two not-for-profits engaged in this important work received support this week when The Indianapolis Foundation, an affiliate of Central Indiana Community Foundation, awarded $1.86 million in grants through the Community Crime Prevention Grant Program. The Indianapolis Foundation has managed the grant program, on behalf of the City of Indianapolis, since 2013.
On August 26 & 27, The Indianapolis Foundation celebrated its centennial with a light festival. CICF partnered with Northern Lights.mn to produce IN Light IN, a two-night interactive light festival on the downtown canal and The Indianapolis Cultural Trail: A Legacy of Gene & Marilyn Glick. With the help of generous sponsors and community partners, this festival was our gift to the community. A celebration of 100 years of philanthropy, community and innovation.
The Indianapolis Foundation awarded $1 million in surprise grants at a gala celebrating its centennial. The Foundation kicked off a new century of philanthropy by gifting 48 Indianapolis-based organizations and individuals awards ranging from $10,000 to $100,000.
Celebration for the 100th anniversary of The Indianapolis Foundation and 25th of Legacy Fund would not be possible without the vision of the Efroymson family, whose generosity has transformed Central Indiana and its community foundations for four generations.
CICF believes in the power of its Ben Franklin Funds to transform Indianapolis in 2116. If the two $100,000 Ben Franklin Fund endowments, built from donations of $1,000 and $100, are invested for 100 years, CICF estimates they will be worth $100 million each and will distribute $5 million (5 percent) annually to benefit the city of Indianapolis in 2116.
The Indianapolis Foundation, an affiliate of Central Indiana Community Foundation (CICF) serving Marion County, approved the allocation of $1,719,000 in grant awards to 20 not-for-profit organizations and projects in Marion County at the May 17, 2016 board of directors meeting.
The Summer Youth Program Fund, a collaborative of 11 local and national partners, will provide $2,602,193 in grants to support programs at 178 organizations in Marion County. The grants will fund 223 low- or no-cost summertime programs, activities and experiences for more than 63,000 area children age 4 to 19. Activities include sports, overnight camping, career exploration, youth employment, community service, college access and academic enrichment.
Nine students from Marion County have been named recipients of four-year, full-tuition scholarships as The Indianapolis Foundation 2016 Lilly Endowment Community Scholars. A total of 66 Marion County students were interviewed for the scholarships, which stipulated that recipients must: be a resident of Marion County; plan to pursue a full-time baccalaureate course of study beginning… Continue reading.
The Indianapolis Foundation approved the allocation of $1,784,473 in grant awards to 32 not-for-profit organizations in Marion County at the March 7, 2016 board of directors meeting.
The Indianapolis Foundation has created two $100,000 “Ben Franklin” funds in celebration of its 100th anniversary. The funds are modeled after two created by Benjamin Franklin shortly before his death in 1790 for the cities of Boston and Philadelphia. Franklin gifted 1,000 British pounds to each city; Franklin specified that the funds were to be used for public works and invested and untouched for 200 years before being accessed. Through compound interest the funds grew to $5,000,000 for Boston and $2,500,000 for Philadelphia and grants from the funds continue be made today.
Preceding his death in 1926, Capt. English made a planned gift to donate 300 acres of lakes, woods and fields in Scott County to The Indianapolis Foundation with the intent of establishing a summer home for at-risk youth. In 1970, the park hosted its first Englishton Park Summer Camp, a 10-day remedial camp for children with academic and behavioral challenges, led by husband and wife, Thomas and Lisa Barnett.