Lilly Endowment gives nearly $70M to Indiana colleges
The grants for aiding work by 16 schools—including $10 million each to Butler University and Purdue University—will help address long-term priorities.
Endowments
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Walker Legacy Center to start endowment with proceeds from real estate sales
The sale of Walker Plaza, which was built in 1989, also clears the way for the center’s leadership to usher in a new plan for the Legacy Center, which is expected to focus on further educating the public about C.J. Walker and her work as a businesswoman and prominent figure in Indianapolis in the early 1900s.
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Lilly Endowment’s millions giving groups long-term footing
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.
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Lilly Endowment awards $17.2M to local groups providing emergency aid
The biggest chunk—$10.5 million—has been dedicated to 15 community and multi-service centers that offer a range of services, such as health care, child care, counseling, job training and youth development, as well as programs for seniors.
Newfields plans fall festival, more parking, culinary center with $8M Lilly Endowment grant
The improvements are part of a masterplan that aims to bring hundreds of thousands more visitors to the complex, which includes the Indianapolis Museum of Art.
Lilly Endowment names new vice president for community development
The Indianapolis-based private foundation announced Wednesday that Robert L. Smith will succeed Wallace “Ace” Yakey Jr., who is retiring June 30 after serving in the position since 2012.
Lilly Endowment awards more than $20M to help pastors
The grants will help seminaries, universities and other organizations create or strengthen programs that help pastors build relationships with experienced clergy.
Endowment to fund homework hotline through 2020
The statewide hotline run by Rose-Hulman Institute of Technology also will begin collecting information from tutoring sessions to help identify students’ knowledge gaps.
Lilly Endowment CEO: Businesses key in virtuous circle of community prosperity
For Indianapolis to thrive, its businesses need to share their resources for civic-minded efforts, N. Clay Robbins told attendees Friday at the Engage Indiana event for corporate philanthropy.
Senate change on proposed endowment tax could spare some schools
A few dozen private college endowments could dodge a bullet with the sweeping tax bill approved by the Senate early Saturday morning after a last-minute amendment.
Lilly Endowment gives $30M for Harvey, Irma relief
The local philanthropic foundation announced Wednesday that the funds would support the American Red Cross, Salvation Army, United Way Worldwide and United Way of Greater Houston.
College endowments suffer ‘lost decade’
Officials overseeing endowments at some of Indiana’s colleges and universities have cut back on spending, or are considering doing so, after struggling to grow their funds over the past decade.
Lilly Endowment dishes out $100M to local human service agencies
The not-for-profits, some of which received as much as $10 million, include community centers, hunger relief agencies and social services groups. Most plan to use at least a portion of the money to create or fortify endowments.
Indy group to help coordinate $19.4M initiative for innovative ministries
The Indianapolis Center for Congregations Inc. will receive $1.57 million from Lilly Endowment Inc. to support a national program designed to help churches reach young adults.
Lilly Endowment giving up to $30M to school counseling efforts
The endowment announced plans Friday to provide up to $30 million over the next five years to support counseling programs in public and charter schools in Indiana.
College endowments show losses in volatile stock market
A dozen funds that responded to requests for their returns for the first six months of fiscal 2016 showed an average loss of 3.8 percent. Indiana University’s loss was even larger.
Lilly Endowment pegs $1.4M grant for attracting tech talent
TechPoint, an Indiana technology advocacy group, intends to use the money for internship and fellowship programs that create career connections in the state.
Local philanthropists make $20M gift for genocide center
The foundation created by Cynthia Simon Skjodt and Paul Skjodt has endowed an international center focused on averting genocide.
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.
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.
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.