November 29, 2007

$40-Million Pledged to Hospital; Other Gifts

Several institutions have received big gifts:

  • Riley Children's Foundation, in Indianapolis, has received a pledge of $40-million from the Simon family of Indianapolis to help build a new inpatient facility for the Riley Hospital for Children, expected to be completed by 2013. Melvin and Herb Simon, who are brothers, co-founded and have since retired from the Simon Property Group, an Indianapolis company that develops malls and other properties. They currently own the Indiana

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