The Indianapolis-based Lilly Endowment Inc. on Tuesday announced plans to dedicate up to $20 million to organizations serving youth populations during the ongoing public health crisis.
The Indy Arts & Culture Restart & Resilience Fund, underwritten by Lilly Endowment Inc., will provide eligible entities with one-time grants ranging from $5,000 to $500,000.
Within a week of Indiana’s first confirmed case of COVID-19, the Indianapolis-based endowment granted $15 million to underwrite a new community fund dedicated to helping social service agencies respond to the pandemic.
The Lilly Endowment has long shown a deep commitment to this city and state, but rarely has it been on display in such a resounding way as during the COVID-19 crisis.
The endowment announced Wednesday that it has awarded a $30 million grant to Indiana United Ways, which oversees the statewide network of United Ways, and a $3.5 million grant to the United Way of Central Indiana.
The money is meant to help The Salvation Army respond to the COVID-19 pandemic, but also to help pay for its overall operations into the future.
Indiana Family and Social Services Administration Secretary Jennifer Sullivan said during Tuesday’s press conference that organizers have secured a location to quarantine those experiencing the virus and homelessness.
The fund, called the Central Indiana COVID-19 Community Economic Relief Fund, received a $15 million donation from Lilly Endowment Inc. and $500,000 contributions from three other organizations.
The expansion will add two miles to the trail’s existing eight-mile network. It’s the first expansion since the trail opened in 2013.
The grants from Indianapolis-based Lilly Endowment Inc. range from $1 million to $7.5 million. They’re intended to help establish endowments, strengthen staffing and recruit volunteers and donors.
For the Lilly Endowment, a good year means it’s time to cash in.
The endowment’s assets reached $15.1 billion at the end of 2018, pushing it ahead of the Ford Foundation and the J. Paul Getty Trust, which had assets of $13.1 billion and $13.2 billion, respectively.
Host Mason King talks with the Center for Leadership Development’s president, Dennis Bland, about how a Lilly Endowment grant will expand the group’s programs to help minority students achieve in school and in life.
The endowment is soliciting proposals from not-for-profit organizations—and is encouraging those groups to collaborate with each other or with companies and governmental agencies on their efforts.
The Indianapolis-based Center for Leadership Development, which promotes personal development and educational attainment for minority youth, said the grant announced Tuesday morning is expected to be “transformational.”
The Lilly Endowment awarded millions of dollars over the last three years to help several central Indiana human service agencies start endowments of their own.
The Indianapolis-based foundation’s run-up solidified its position as one of the largest private charitable foundations in the country.
The Lilly Library at Indiana University—home to more than 450,000 rare books, 8.5 million manuscripts and 150,000 sheets of music—hasn’t had a significant interior renovation since it opened in 1960.
ProAct, an Indianapolis not-for-profit that focuses on engaging at-risk youth and corporations in public service projects, is trying to rebuild after a challenging year in which the entire board quit over disagreements with CEO Derrin Slack.
A new, $4.3 million Lilly Endowment grant is poised to spark the transformation of a one-mile stretch of East 10th Street into a hotbed for the arts.
