Lilly Endowment's two-fer

December 15, 2009
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Today’s announcement that Lilly Endowment has donated $60 million to the Indiana University School of Medicine is another in a long line of massive injections into education, community development and religion.

The most recent gift will go toward attracting and training top-flight scientists and researchers—people who do a lot to improve human health.

But here’s where it gets especially interesting. Those researchers also hold potential to churn out discoveries that can be patented and spun out into start-up companies or into existing companies.

In other words, the endowment, which is forbidden by law from taking part in economic development, might be indirectly doing more for the cause than the Indiana Economic Development Corp., the state arm charged with attracting jobs and investment.

Life sciences has been a big area for the endowment. So has technology—recall IU’s supercomputer. Both academic ventures, but both also are critical for creating knowledge jobs.

What are your thoughts about the endowment? Do Hoosiers take it for granted?

 

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  • Thank you Lilly
    As someone who runs a small art gallery in Indianapolis, I can flat out say that without Eli Lilly & Co. and the Lilly Endowment it would be impossible to run my business here. From the Endowment's support of the arts in general, to the type of employee they bring to Central Indiana, and to the like-minded businesses that choose to locate in Indianapolis because of what Lilly has done for the city - the benefits simply can't be measured. For anyone still taking the Lilly Endowment for granted, just imagine Indianapolis without it. Not a pretty picture.

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  1. I had read earlier this spring that Noodles & Co was going to open in the Fishers Marketplace (which is SR 37 and 131st St, not 141st St, just FYI). Any word on that? Also, do you happen to know what is being built in Carmel at Pennsylvania and Old Meridian? May just be an office building but I'm not sure.

  2. I'm sorry, but you are flat out wrong. There are few tracks in the world with the history of IMS and probably NO OTHER as widely known and recognized. I don't care what you think about the stat of Indy Car racing, these are pretty hard things to dispute.

  3. Also wondering if there is an update on the Brockway Pub-Danny Boy restaurant/taproom that was planned for the village as well?

  4. Why does the majority get to trample on the rights of the minority? You do realize that banning gay marriage does not rid the world of gay people, right? They are still going to be around and they are still going to continue to exist. The best way to get it all out of the spotlight? LEGALIZE IT! If gay marriage is legal, they will get to stop trying to push for it and you will get to stop seeing it all over the news. Why do Christians get to decide what is moral?? Why do you get to push your religion on others? How would legalizing gay marriage expose their lifestyle to your children? By the way, their lifestyle is going to continue whether gay marriage is legalized or not. It's been legal in Canada for quite a while now and they seem to be doing just fine. What about actual rules handed down by God? What about not working on Sundays? What about obeying your parents? What about adultery? These are in the 10 Commandments, the most important of God's rules. Yet they are all perfectly legal. What about divorce? Only God is allowed to dissolve a marriage so why don't you work hard to get divorce banned? Why do you get to pick and choose the parts of the Bible you care about?

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