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Ivy Tech Foundation Receives Largest Grant in its History - $22.9 Million Lilly Endowment Grant

December 2010 - Indianapolis, Indiana

The Ivy Tech Foundation announced that it has received its largest gift/grant in foundation history. The $22.9 million Lilly Endowment grant was awarded to the foundation for the purchase and renovation of the former Stouffer’s hotel, just north of the main Indianapolis campus. The renovated facility will be named the Indiana Center for Workforce Solutions and will house the college’s workforce development operations, distance learning education programs, the college’s statewide administration and selective academic offerings, which includes the college’s popular culinary program.

“We are honored that Lilly Endowment has made this investment in Ivy Tech Community College. This allows us to continue to develop an educational corridor in this important part of the city,” said Ivy Tech President Thomas J. Snyder. “The return on that investment will be a world-class training center for the state of Indiana.”
Snyder further indicated that the college envisions having the ability to provide short-term workforce training programs at various levels, offer resources for displaced workers and provide programs and training for the incumbent workforce – assisting them in becoming as competitive as possible. “We also see a corporate environment where managers and executives can receive training to ensure optimal efficiency for their companies,” he said. The college estimates this facility will allow Ivy Tech to accommodate training for 25,000 individuals a year and host meetings and events for more than 300 organizations.

Sara B. Cobb, Vice President for Education at Lilly Endowment, Inc., emphasized these added services will play “an essential role” in preparing the state’s workforce. Indianapolis Mayor Gregory A. Ballard agreed, noting that, “The Indiana Center for Workforce Solutions will play a key role in sustaining our region and our state as centers of economic activity for our next generation. Cultivating a well-educated, well-trained workforce is critical to our continued success in attracting new jobs and investment and, The Lilly Endowment gift that makes this center possible, will improve Ivy Tech’s capacity to pair Hoosiers with opportunities for education and careers.”

Ivy Tech student, Michael Rice, 27 from Indianapolis, says it is exciting to see all of changes happening on the campus. “Ivy Tech has grown so much so fast that space constraints have become a concern for everyone. This new center will certainly help the space situation, and it will enable Ivy Tech to provide the best preparation for careers in the changing workforce. (Rice was one of only eight community college students in the country to attend the recent White House community college summit in Washington, D.C.)

The 196,000-square-foot building was constructed in 1965 as Stouffer’s Hotel on the site of the former Stokely-Van Camp mansion. The hotel boasted many famous guests, including Elvis Presley, who stayed there while in Indianapolis for what would be his last performance. The building operated as a hotel until the late 1980s.

CG conducted feasibility studies for eight of Ivy Tech's campuses and is currently serving as the campaign consultant for all eight campuses.

March 2011

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