Lilly rethinks its philanthropy strategy
“Shared value” approach directs resources to help people in ways that could build the drugmaker’s business.
Lilly Endowment
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Purdue gets record $40M gift from Lilly Endowment
Purdue University has received the biggest cash donation in the school’s 146-year history—a $40 million gift from Lilly Endowment Inc. to fund five projects in engineering, technology and research.
Lilly Endowment gives Conexus $3.6 million grant
The advanced manufacturing and logistics advocacy group will use the grant for programs, outreach and research for the state’s largest industry sector.
Lilly Endowment pledges $22.5M for early-education programs
The funds will help providers around Indiana improve curricula, build classrooms, educate parents about the importance of high-quality child care and education, and support professional development for teachers.
Lilly Endowment pumps $14.5M into MBAs for school leaders
The endowment hopes to expand educational MBA programs, including one at the University of Indianapolis, to give business skills to more principals and superintendents at Indiana public schools.
Wabash College religion center gets $7.8 million
The grant will let the center continue programming through 2018. It brings to more than $48 million the total grants the Indianapolis-based Lilly Endowment has given the center.
Manchester University exceeds $100 million target
Manchester University has exceeded a $100 million fundraising goal 18 months ahead of its deadline, and retiring President Jo Young Switzer is receiving much of the credit.
Lilly Endowment takes stock of year with $270.3M in grants
More than two-thirds of its grants in 2013 went to groups in Indiana, according to the philanthropic organization’s newly released annual report.
Lilly Endowment sells Lilly stock for first time since ’08
Indianapolis-based Lilly Endowment sold 150,000 shares of Eli Lilly and Co. stock on Monday, resuming a short-lived asset diversification plan suspended when stock prices swooned in 2008.
Lilly Endowment awards $6.3M to Indy housing group
The Indianapolis Neighborhood Housing Partnership will use the funds to help qualified residents purchase homes and revitalize their neighborhoods.
$10M Lilly Endowment grant to help charities
United Way of Central Indiana’s capital projects fund is getting a $10 million cash infusion thanks to a grant from Indianapolis-based Lilly Endowment Inc.
IHS lands $690K grant for bicentennial education
The Indiana Historical Society has received a $690,000 grant from Lilly Endowment Inc. to help develop educational resources tied to the state’s bicentennial celebration in 2016.
Endowment pledges $63M toward fight against brain drain
The Lilly Endowment will give nearly $63 million in grants to 39 Indiana colleges and universities to boost job prospects for their graduates, pushing the endowment’s anti-brain-drain campaign to $120 million over the past decade.
Lilly Endowment to give $10M to start biosciences institute
The institute aims to attract 100 new scientists to Indiana to conduct research and development work aimed at launching new therapies for metabolic diseases.
Endowment assets soar $1.2B as Lilly shares climb
Lilly Endowment awarded $230 million in 2012, mostly to Indiana groups. Its fortunes still are largely tied to the value of Eli Lilly and Co. stock, despite an effort to diversify the private foundation’s holdings.
Lilly Endowment’s $3.4M grant to bring more teachers to Indy
Indianapolis-based education reform group The Mind Trust will use the grant to help support teacher recruitment and training programs such as Teach for America.
IU’s philanthropy school to be named for Lilly family
The Indiana University Lilly Family School of Philanthropy—believed to be the first of its kind—is set to be christened at a ceremony Tuesday afternoon.
United Way lands $11M in grants from Lilly Endowment
United Way of Central Indiana will receive more than $11 million from the Lilly Endowment to boost its capital fund, combat poverty and provide professional development, the groups announced Thursday morning.
Eli Lilly and Co.’s rebound bolsters endowment
The value of Lilly Endowment Inc.’s principal holding—Eli Lilly and Co. stock—has increased nearly $2 billion over the past two years, bolstering the private foundation’s philanthropic firepower after a decade of declining or stagnant assets.
More than $2M going to Indy animal welfare efforts
Animal welfare groups in Indianapolis will receive more than $2 million from three foundations to provide spay-and-neuter services and help stray and abandoned animals.