Indianapolis, Ind. (May 1, 2014)– Charges were announced Thursday against the former Executive Director of the Greater Indianapolis Progress Committee (GIPC).
Matthew Hendrix allegedly misappropriated more than $96,000 of the organization’s money. Hendrix has been charged with 26 counts of forgery and one count of theft.
He was terminated from the organization in March 2014 after a personal expense of more than $5,000 was reported on the business credit card account belonging to GIPC.
According to the probable cause affidavit, Hendrix sent payments to fictitious vendors using program funds from September 2012 through February 2014.
The Greater Indianapolis Progress Committee was formed in 1965 as a public-private entity and is charged with managing a number of initiatives in partnership with the City of Indianapolis.
Hendrix is believed to have taken funds intended for programs such as the Mayor’s Celebration of Diversity Awards Program, Bank On Indy, Indy’s Campaign for Financial Fitness, Volunteer Tax Assistance, and the Office of Education Innovation.
GIPC provided the following statement to FOX59:
“We are extraordinarily disappointed in the situation that led to the charges filed against Matt Hendrix yesterday. We considered Matt to be a part of the GIPC family since he began in 2008. We know of course that other institutions far larger and more sophisticated than GIPC have been stung by this type of malfeasance before, yet the sting of these actions is very painful. We commend our Interim Director John Ryan, and Brooke Thomas our deputy director, who have done yeoman’s work in this matter while at the same time remaining engaged and laser focused on the many meaningful initiatives of GIPC, including the Bicentennial Plan for Indianapolis: Plan 2020 initiative.”