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 …Read More.
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.Read More.
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