The Indianapolis Foundation

CICF Announces Lilly Endowment Community Scholarship Recipients

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.

The Indianapolis Foundation Awards $1.86 Million to Tackle Crime in Marion County

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.

IN Light IN: a photo gallery

On August 26 & 27, The Indianapolis Foundation celebrated its centennial with a light festival. CICF partnered with Northern 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.

Thinking about Ben Franklin lately?

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.

More Than 63,000 Marion County Youth to Benefit from $2.6 Million in Grants from The Summer Youth Program Fund

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.

The Indianapolis Foundation Announces Lilly Endowment Community Scholarship Recipients

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 Creates Two “Ben Franklin” Funds to Celebrate 100th Anniversary

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.

An English Lesson for Everyone

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.