2016

Progress Report

Indiana Chamber Foundation Overview

Since 1981, the Indiana Chamber Foundation has provided leadership through practical policy

research to improve Indiana’s economic climate.

When our research results cry for action, we quickly move forward to make policy and programmatic

changes to enhance Indiana’s long-term economic prospects and protect the free enterprise system.

Board of Directors

Steve Ferguson - ICC Chair 2010 Lee Marchant - ICC Chair 2000

Chairman, Cook Group, Inc. President & CEO, LJM Enterprises

Perry Griffith Marilyn Moran-Townsend - ICC Chair 1996

Chairman, Denison, Inc. CEO, CVC Communications

Al Hubbard - ICC Chair 1999 Maclyn T. Parker

Chairman, E&A Companies President, Olive B. Cole Foundation, Inc.

Robert L. Koch II - ICC Chair 1991-1992 Jerry Semler - ICC Chair 2003

Chairman, Koch Enterprises, Inc. Chairman Emeritus, OneAmerica Financial Partners

Michael Kubacki - ICC Chair 2007 Kerry Stemler - ICC Chair 2013

Executive Chairman, Lake City Bank President & CEO, K.M. Stemler Company, Inc.

Christopher P. LaMothe - ICC President & CEO 1992-2002 Mike Wells - ICC Chair 2012

Chief Executive Officer, Elevate Ventures President, REI Investments, Inc.

Jean Wojtowicz - ICC Chair 2004

President, Cambridge Capital Management Corp.

2016-2017 Officers

Chair: Jean Wojtowicz

Vice Chair: Mike Kubacki

Treasurer: Perry Griffith

President: Kevin Brinegar, President & CEO, Indiana Chamber

Secretary: Christy Huston, Executive Director, Foundation

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Since 1981, the Indiana Chamber Foundation has provided leadership through practical policy research to improve Indiana’s economic climate. The Foundation is coordinating the funding of Indiana Vision 2025.

THANK YOU FOR YOUR

INVESTMENTIndiana Vision 2025 is a comprehensive effort, coordinated by the Indiana Chamber of Commerce, to provide leadership, direction and a long-range economic development strategy for the state of Indiana.

Investors:

• ACEC Indiana• Alcoa Inc.• Alliance of Indiana Rural Water• ArcelorMittal• William W. Barrett• Batesville Tool & Die, Inc.• Beacon Health System• Beck’s Superior Hybrids• Blue Sky Casino• Mike Bosway• Kevin and Maureen Bower• Brandt & Victoria Burdick• Carmichael & Company• Citizens Energy Group• CNO Financial Group, Inc.• Olive B. Cole Foundation• Community Health Network, Inc.• Cook Group• Cummins Foundation• Cummins, Inc.• Deaconess Hospital, Inc.• Deloitte• Theodore and Kimberly Dickman• Aaron J. & Jennifer C. Dixon• Do it Best Corp.• Dow AgroSciences• Duke Energy Foundation• Eli Lilly and Company Foundation• Envirotech Construction Corp.• Evansville Regional Business Committee• Faegre Baker Daniels• First Merchants Bank• Force Construction Company, Inc.• French Lick Resort Casino• Garatoni-Smith Family Foundation

• GivingSpring• Good Samaritan Hospital• Hendricks Regional Health• Gregory and Lora Hess• Holiday World and Splashin’ Safari• Honda Manufacturing of Indiana (HMIN)• Horizon Bank• HQ Investments• Ian and Mimi Rolland Foundation• Ice Miller• Indiana Agricultural Law Foundation• Indiana Chemical Trust• Indiana Corn Marketing Council• Indiana Energy Association• Indiana Farm Bureau• Indiana Farm Bureau Insurance• Indiana Michigan Power• Indiana Mineral Aggregates Association• Indiana Rural Water Association• Indiana Section American Water Works

Association• Indiana Soybean Alliance• Indiana University• Indianapolis Airport Authority• Ivy Tech• Joyce Foundation• JPMorgan Chase & Co.• John S. Keeler• Koch Foundation, Inc.• Michael L. and Rebecca Kubacki• Lake City Bank• Launch Fishers• Lilly Endowment, Inc.• Eli Lilly and Company Foundation• LJM Enterprises

• Lumina Foundation• MacAllister Machinery Company• MainSource Financial Group• James McKinney• Maple Leaf Farms• National Association of Water Companies• NIPSCO, a NiSource Company• Nucor Steel• Old National Bancorp• OneAmerica Financial Partners• OneAmerica Foundation• Parkview Health• Phoenix Data Corporation• ProCourse Fiduciary Advisors, LLC• Rea Magnet Wire Co., Inc.• Recovery Force• Regions Bank• Reid Hospital & Health Care Services• Rolls-Royce Corp.• Lisa Schlehuber• St. Vincent Health• Subaru of Indiana Automotive, Inc.• TASUS Corporation• Templeton Coal Company• Terre Haute Regional Hospital• Toyota Motor Manufacturing, Indiana• Trine University• U.S. Chamber of Commerce Foundation• U.S. Steel Corporation• University of Indianapolis• Vectren• Vectren Foundation• Wells Fargo• WGU Indiana

Contact Christy Huston at (317) 264-6893 or chuston@indianachamber.com

IndianaVision2025_BizVoice-Ad.indd 1 12/6/16 7:55 AM

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Key 2016 Projects/Initiatives

The Foundation is partnering with multiple school districts on two initiatives to improve school counseling.

The work is the result of a grant from the Lilly Endowment to provide technical support to its new

Comprehensive Counseling Initiative (a five-year, up to $30 million effort) to guide K-12 school districts’

college and career readiness and counseling programs. The Endowment has recognized that the Chamber

Foundation’s series of four school counseling studies between 2014 and 2016 led to this program.

Ten Postsecondary Pathways programs with nearly 1,000 participants have taken place to connect regional

educators and businesses. A school counselor portal in partnership with the Indiana Commission for

Higher Education with online tools has also been developed.

A special program – Bridging Pathways with Employability Skills – was conducted at Honda of Indiana to

pilot an on-site immersion program with K-12 school staff. Tours and discussions with Honda employees

about skills needed for advanced manufacturing were featured. Hiring needs and career opportunities and

paths were also highlighted. See BizVoice magazine coverage on adjoining page.

A study on school district size is due for completion in early 2017. Indiana has 292 school districts. Are

students in smaller districts afforded the same educational opportunities as those in larger districts? The

study will analyze the effect of district size on school performance measures directly tied to postsecondary

educational opportunity especially in the STEM areas.

The Foundation joined with the Department of Workforce Development to commission a study on the

potential economic impact of passing workshare legislation in Indiana. The Indiana General Assembly may

consider workshare in 2017.

The Healthy, Wealthy and Wise Index, published in December 2016 in partnership with Ball State

University, provides benchmarks for Indiana counties using 30 indicators. The work supports the Indiana

Healthy Community initiative of the Wellness Council of Indiana and the health care and talent goals of

Indiana Vision 2025.

A first annual School-Business Partnership of the Year Award was developed to bring attention to the

importance of educator and business collaboration to help Indiana students prepare for post-secondary

college and career. The award will be presented for the first time in February 2017.

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July/August 2016 – BizVoice/Indiana Chamber

Honda Event Brings Clarity to Business-Education ConnectionMore than 70 educators toured Honda Manufacturing of Indiana in early June as part of a Bridging Career Pathways event led by the Indiana Chamber Foundation.

Debbie Reynolds, director of learning for Decatur County Community Schools, commented: “The opportunity to visit Honda was eye opening for me. Until we started talking about visiting Honda, I had no idea of all the opportunities there were for students. The more informed the schools are, the better job we can do giving our students the foundation needed to have success in an environment such as Honda.”

Honda representatives emphasized the importance of students being willing and eager to learn, and demonstrating strong communication and problem-solving skills.

Educators from Greensburg Community Schools and Decatur County Community Schools rated the event 4.8 on a 5.0 scale.

Bob Nelson, president of Honda Manufacturing of Indiana, has been with the company for 29 years.

Ryan Brewer, finance professor at Indiana University Purdue University Columbus, delivered the keynote address.

Bringing education and business together (from left): Tom Hunter, superintendent of Greensburg Community Schools; Christy Huston, executive director, Indiana Chamber Foundation; Johnny Budd, superintendent of Decatur County Schools; Bob Nelson, president of Honda Manufacturing of Indiana; and Shelley Huffman, director of college and career readiness, Indiana Chamber.

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Key 2016 Projects/Initiatives

The task force that developed Indiana Vision 2025 in 2010-2011 reconvened to review progress, as well

as update goals and metrics. The third Report Card will be published in 2017 with six regional forums

around the state taking place to share results and gather feedback.

Communicating urgency of the Indiana Vision 2025 goals was continued throughout 2016 with BizVoice

stories focused on specific drivers in each issue.

The drivers of Indiana Vision 2025 served as the catalyst for a Beyond the Bicentennial campaign

highlighting public policy priorities for the state’s new governor, lawmakers and all Hoosiers.

More than 600 business leaders participated in the 2016 workforce survey. Results (see infographic on

adjoining page) point to the continuing challenge of businesses in finding skilled employees. The 2017

survey (the 10th annual) will focus on understanding how to better align postsecondary education

attainment of Indiana adult workers to talent needs for Indiana employers and the challenges of

prescription drug use/abuse by employees.

Corporate Social Responsibility (CSR) aligns with the Indiana Vision 2025 Dynamic and Creative Culture

driver. The Foundation is exploring how trends in corporate and social responsibility are being viewed as

an economic driver in Indiana and throughout the country. A series of stories on CSR opportunities and

challenges appeared in each 2016 issue of BizVoice magazine.

The Foundation, together with the Wellness Council, hosted a Health Means Business forum. One of 10

national events managed by the U.S. Chamber of Commerce Foundation and funded by the Robert Wood

Johnson Foundation, the February stop in Indiana was the largest with more than 250 attendees.

The Indiana Technology & Innovation Council was formed in 2016 to support the goals of the Dynamic

and Creative Culture driver of Indiana Vision 2025. The mission is to “inform, educate and collaborate to

drive support for policies and initiatives to enhance Indiana’s growing innovation and entrepreneurial

economy.”

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UNFILLED JOBS DUE TO UNDER-QUALIFIED APPLICANTS

Ninth annual survey: 671 Indiana Chamber member, investor respondents

EMPLOYERS: SKILLS STILL LACKING

Sponsored by:

45%FILLING WORKFORCE ISBIGGEST CHALLENGE

27%

INDUSTRYCERTIFICATION

2015 201627% 16%

HIGH SCHOOLDIPLOMA

2015 201634% 39%

BACHELOR DEGREES

2015 201623% 28%

DO NOT OFFERTUITION REIMBURSEMENT

52%63%PERSONAL QUALITIES

54%CRITICAL THINKING

MOST CHALLENGINGSKILLS TO FIND

54% INCREASE 4% DECREASE

OWN WORKFORCE IN NEXT 12-24 MONTHS

11% COMPANIESWITH AT LEAST 10% OF EMPLOYEES UTILIZING BENEFIT

MINIMAL REQUIREMENTSFOR UNFILLED JOBS

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Research That Produces Results

The Indiana Chamber Foundation has delivered more than 50 studies, economic Report Cards and survey

results over the past 20 years. In addition to supporting key policy initiatives, many have delivered long-

lasting impacts for companies and their employees throughout the state.

Key areas of focus include education and workforce, economic development, and tax and fiscal policy.

Below are brief summaries of just a few of the many studies:

Water and Economic Development in Indiana: Modernizing the State’s Approach to a Critical Resource

(2014): Found that Indiana ranks first in the U.S. in the percentage of its economy that depends on

water. Continues to drive legislation action emphasizing the need for a comprehensive state water

resources plan.

Right-to-Work and Indiana’s Economic Future (2011): Documented Indiana’s losses in personal

income and gross domestic product due to the lack of right-to-work (RTW) and led to the 2012

passage of a RTW law.

Indiana’s Adult Education Workforce Skills Performance Report (2008): Outlined that Indiana has over

931,000 working age adults with at least one basic skill deficiency that needs to be addressed. Has

led to ongoing efforts to tackle the skills gap.

Human Capital Retention Project (1999): Four-part study that recommended dramatic improvements in

enhancing education levels of Indiana’s workforce to meet the needs of growth industries in a

global economy.

To view additional studies and progress of the

Indiana Vision 2025 economic development action plan go to: http://

www.indianachamber.com/index.php/studies-reports

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