Lilly Endowment makes $5.5M donation to EmployIndy
EmployIndy, the workforce development organization for Marion County, said the contribution will help the organization sustain and improve it’s youth employment system.
EmployIndy, the workforce development organization for Marion County, said the contribution will help the organization sustain and improve it’s youth employment system.
In recent weeks, the Indianapolis-based philanthropy has been unveiling a flurry of gifts at the $100 million level or higher.
The gift announced Thursday will go toward a pooled endowment for the 37 historically Black colleges and universities that form UNCF’s membership, with the goal of boosting the schools’ long-term financial stability.
Indianapolis-based Lilly Endowment Inc. is awarding $100 million to the Purdue Research Foundation, with half the money going toward construction of the Mitchell E. Daniels Jr. School of Business building on the West Lafayette campus and the rest to support the Purdue Computes initiative.
The grant replenishes United Way of Central Indiana’s Capital Projects Fund, which helps not-for-profits purchase, build, upgrade or expand their facilities to better serve their clients.
The grants range from $5.8 million to $35 million each, with Ball State University in Muncie landing the largest grant.
The recipient colleges and universities in Indiana will help new teachers strengthen their use of methods aligned with the Science of Reading, a vast body of research related to how children learn to read.
The Indianapolis-based philanthropy giant says the grants are intended to help immigrants acclimate to life in central Indiana and make progress toward self-sufficiency.
The Indianapolis-based organization says the funding will expand training opportunities, build congregational capacities, and assist with stewardship of historic churches.
A coalition of five agencies in Indiana that serve youth plans to use the grant to support the well-being of professionals in the industry.
The gift is the largest ever received from a single foundation by Boys & Girls Clubs of America in its 160-year history, the group said.
Thanks to a recent $5 million Lilly Endowment Inc. grant and other financial support, Indiana Landmarks is expanding its boundaries beyond just preserving buildings.
The state of Indiana and Indianapolis-based Lilly Endowment Inc. on Thursday announced what they’re calling the largest financial investment in literacy in the state’s history.
The stock sale is a primary way for the endowment, one of the largest private philanthropic foundations in the United States, to raise cash to make grants to arts, education, religious and community development organizations.
Lilly Endowment said the grants, ranging from $1 million to $7.5 million, will help the organizations strengthen their long-term financial sustainability plans.
The Central Indiana Community Foundation on Tuesday announced the grant, which is meant to support the six-year-old Connected Communities Initiative collaboration with the city of Indianapolis.
Since early March, the Lilly Endowment has sold 1.3 million shares of Eli Lilly and Co. stock, raising $391 million, according to government filings.
The foundation said the funds will be used to support collaborative projects in Indiana’s agbiosciences, life sciences, advanced manufacturing and logistics and technology sectors.
Fueled with a $36 million Lilly Endowment Inc. grant, the Central Indiana Corporate Partnership has launched AnalytiXIN to promote innovations in data science throughout Indiana.
Hill, who joined the endowment’s board in 2015, is currently senior vice president and general counsel for Citizens Energy Group.