$1.5 million gift to help center study religious giving

A $1.5 million donation will endow the directorship at the nation's only university-based institute dedicated to exploring the relationship between faith and philanthropy.

The anonymous gift announced Thursday endows the directorship at the Lake Institute on Faith & Giving in honor of founder Karen Lake Buttrey, who died in 2010. The institute is part of the Center for Philanthropy at Indiana University and is located on the campus of Indiana University-Purdue University-Indianapolis.