Date: Thu, 18 Dec 1997 21:25:00 GMT Server: Apache/1.2.0 Last-Modified: Wed, 19 Jun 1996 19:04:24 GMT ETag: "a6eb7-1118-31c84f38" Content-Length: 4376 Accept-Ranges: bytes Connection: close Content-Type: text/html IEI Foundation

























IEI Foundation

Indiana Energy Foundation, Inc. is a public benefit corporation organized solely for charitable purposes and has been designated as a Section 501 (c)(3) tax-exempt organization by the Internal Revenue Service.

Indiana Energy's corporate mission acknowledges that contributing to the well-being of the communities where we live and work is integral to the commitment to maximize returns to shareholders. It is the intent of the company to work with all appropriate organizations in these communities to identify the needs for and the proper methods of sustaining general financial support and employee involvement. The Indiana Energy Foundation is one way the company provides financial support to qualifying 501(c)(3) organizations.

The board of directors of Indiana Energy Foundation are as follows:
Anthony E. Ard
Paul T. Baker
Carl L. Chapman
Ronald E. Christian
Niel C. Ellerbrook
Lawrence A. Ferger

The officers of the Indiana Energy Foundation are as follows:
Lawrence A. Ferger, President
Anthony E. Ard, Vice President/Treasurer
Ronald E. Christian, Secretary/Assistant Treasurer

Indiana Gas Company is the only member of the foundation. The foundation's annual meeting is to be held on the last Friday of January each year. At the end of each quarter, a report will be made to the foundation board of the expenditures for that quarter. During the third quarter, the board will consider and recommend a budget for the next fiscal year.

At the end of the fiscal year, a decision will be made whether to transfer to the foundation any funds budgeted to Indiana Gas but not spent. The purpose for the transfer would be to create in the foundation a fund balance which might continue to accumulate over time.

For more information, contact Manager of Consumer Affairs and Community Affairs Scott Severine at (317) 321-0596.