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Fairbanks Foundation’s Commitment to Strengthening the City’s Key Economic Drivers: A Review of Grantmaking within our Vitality of Indianapolis Focus Area from 2015 to 2019

Claire Fiddian-Green is the President & CEO of the Richard M. Fairbanks Foundation. The life sciences sector is a major driver of Central Indiana’s economy and a key contributing factor to the vitality of Indianapolis. While Indiana’s life sciences sector is robust – wages for the sector have grown to $5.8 billion in 2018, and venture capital investments over the last four years totaled $360 million – competition is intensifying as other markets also compete to attract the investments, companies and talent required for continued growth. Cross-sector collaboration, coordination and alignment are key to ongoing economic prosperity in Indianapolis and elsewhere around the state. To ensure the continued strength of the […]

Indiana’s Tobacco Control Efforts Woefully Underfunded

Claire Fiddian-Green is the President & CEO of the Richard M. Fairbanks Foundation. Comprehensive tobacco control efforts play a critical role in reducing smoking and lowering the health and economic toll of the smoking epidemic. But Indiana woefully underfunds these initiatives, falling far below federal recommendations and dollars spent in other states, according to a new report commissioned by the Richard M. Fairbanks Foundation. Indiana devoted just $8.2 million in federal and state spending in 2016 to preventing Hoosiers from starting to smoke, helping them quit, and protecting people from secondhand smoke. This is only 11 percent of the $73.5 million recommended by the Centers for Disease Control and Prevention […]