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For Immediate Release

July 11, 2005 Contact:

Center on Philanthropy at Indiana University
Adriene Davis (317) 278-8972

Liz Bremner, The Foundation Incubator
(650) 354-1601

The Foundation Incubator and Center on Philanthropy at Indiana University Join Forces to Create Philanthropy Incubator

Philanthropy Incubator Will Become a Program of Center on Philanthropy

Palo Alto, CA and Indianapolis, IN—The Foundation Incubator (TFI), a leading provider of cutting-edge philanthropic services, has joined forces with the Center on Philanthropy at Indiana University. TFI will now be known as the Philanthropy Incubator, and will become a program of the Center on Philanthropy. The Philanthropy Incubator will have an office in Silicon Valley.

The Philanthropy Incubator will build on TFI's previous work to provide a wide range of training and education services to support the field of philanthropy. At the same time, it will give the Center on Philanthropy at Indiana University, one of the premier academic institutions in philanthropy, the opportunity to expand its programs serving individuals, foundations, and professional and financial advisors.

The Philanthropy Incubator will provide workshops with experts, peer discussion groups, customized training services and other resources. It will be a part of the Center's Philanthropic Services unit, which also includes the Women’s Philanthropy Institute and the Lake Family Institute on Faith and Giving.

“We are very fortunate that the Philanthropy Incubator will have as its foundation the outstanding, top-quality programs and services created by The Foundation Incubator,” said Gene Tempel, executive director of the Center on Philanthropy at Indiana University. “Combining TFI's highly regarded strengths in this area with the Center's leadership in research, education and training will enable us to take these services to the next level and make them available nationally and internationally.”

“We're thrilled about this exciting new opportunity,” said Elizabeth Bremner, president of TFI. “For the past four years, TFI has served clients interested in new approaches to philanthropy. We've provided training and services to philanthropists and foundations interested in achieving the greatest possible impact with their philanthropic investments. Becoming part of Indiana University, whose work in philanthropy is unparalleled, is a strong vote of confidence in the approach TFI developed and gives the Philanthropy Incubator a terrific opportunity to meet a growing need for these services.”

Lynne O'Hara, founder of the Special Hope Foundation, a current TFI client, is particularly enthusiastic about the new Philanthropy Incubator. “This is a great development for my work as a grantmaker, and it's equally important for the field,” she said. “The Incubator has given me the chance to work with other philanthropists and to expand my understanding of the best way to actually make a difference. Now, I will have a larger network of colleagues to work with, and more tools at my disposal.”

About The Foundation Incubator —The Foundation Incubator opened its doors in 2001 in Palo Alto, CA, to stimulate innovation and collaboration in philanthropy by adapting the incubator model for start-up businesses to philanthropy. The Foundation Incubator's active, engaged community of individual philanthropists and new and established foundations grew to 47 members representing $16 billion in philanthropic assets. TFI provided workshops and special programs for its members, as well as one-on-one coaching, mentoring, and referrals to experts in the field.

About the Center on Philanthropy at Indiana University—Indiana University is one of the first universities in the U.S. to offer critical insight into the history, culture and values of philanthropy, along with the skills needed for effective nonprofit and philanthropy management. Established in 1987, the Center on Philanthropy, an academic unit of the university, is dedicated to increasing the understanding of philanthropy, improving its practice and enhancing philanthropic participation through critical analysis, research, teaching, professional development, public service, and public affairs programs. The Center is a part of the Indiana University School of Liberal Arts at Indiana University-Purdue University Indianapolis, a major urban research university.

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