The gift will enable the accelerator to keep providing consulting services to mid-size Indiana businesses using the experience of consultants, as well as Butler University faculty and students. It launched in 2005 with the help of a $22 million grant from the endowment.
Lilly Endowment earned $884.6 million on its Eli Lilly and Co. stock in 2011, bringing the total worth of the grant-making powerhouse to $6.2 billion.
The Lilly Endowment is giving a $3.15 million to the Indiana Association of United Ways to help southern Indiana recover from recent tornadoes and other storms.
Lilly Endowment is giving $6.6 million to support a new fundraising campaign by Indiana University's Public Policy Institute.
Top officials from Indiana University and its Kelley School of Business are set to make a “major” announcement Wednesday afternoon likely involving a gift from the Lilly Endowment.
The donation will enable Indiana University to renovate and expand its Kelley School of Business building in Bloomington, which was built in 1966 and is too small to meet current demands, IU said.
Indianapolis-based Lilly Endowment Inc. is giving another big gift to help fund the Woodrow Wilson National Fellowship Foundation, which prepares career changers and college graduates to teach math, science, engineering and technology in rural and urban schools.
After the financial crisis of 2008, foundations in Indiana and across the country set up special relief funds for their communities. Ongoing support for the one formed in Indianapolis is just one sign of how the poor economy is still influencing grant-makers’ decisions.
The money is to be used to expand Teach For America and The New Teacher Project, which train new teachers for high-need schools.
The advocate for the state’s life sciences industry has now pulled in more than $25 million from the endowment.
Wabash College is getting a $6.2 million grant to boost a center's efforts to support professors who teach religious studies or theology.
Eli Lilly and Co. stock, which accounts for 91 percent of the endowment’s assets, was worth nearly $4.8 billion at the end of 2010, a 2-percent drop over the previous year.
Lilly Endowment Inc. is continuing its decades-long support of the Indianapolis Neighborhood Housing Partnership, awarding the not-for-profit a $6.3 million grant to help low- and middle-income families become homeowners.
Manchester College will use money to launch the state’s third program offering doctorates in pharmacy.
Grant from Lilly Endowment will create a workforce training center, space for distance education and administrative offices at 45-year-old former hotel on North Meridian Street.
The current president will retire next June 30 but continue in an advisory role as the school begins to develop new educational approaches.
The grant came from a $45 million pool created by Lilly Endowment Inc. in 2008.
IU will use its Lilly Endowment grant to open its news Center for Law, Ethics and Applied Research in Health Information.
Lilly Endowment announced Monday that its assets declined 7 percent, to $5.3 billion, in 2009, as the foundation continued
to lose money on Eli Lilly and Co. stock.
Lilly Endowment has been a substantial Lilly stockholder for 73 years, so to focus on the past decade is a mistake.
