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Spreading the wealth

Give me the money, give me the money, don't care where it comes from, just gimme, gimme, gimme. Honestly, I'm wondering if our universities would even call pitting Christians against lions a bad idea if they got a cut of the gate:

The state's university presidents said Thursday that Gov. Mitch Daniels' plan to privatize the state lottery and use the proceeds for scholarships and top professors could transform the state's higher education system and economy.

And it's not wrong for foundations to hope they are remembered in people's wills. But do they have to sound like they're going to be sitting at the death beds hoping people kick off sooner rather than later?

A new study projects $412 billion will be transferred among Indiana generations by 2055, with $66 billion changing hands by 2015. Commissioned by the Indiana Grantmakers Alliance, the study includes county-by-county projections showing the transfer of wealth from one generation to the next. If just 5 percent of that wealth is captured in donations to community foundations, there is the potential for $134 million in grants for improvements to Indiana communities in the next 10 years.

Posted in: Hoosier lore

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