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.
The institute aims to attract 100 new scientists to Indiana to conduct research and development work aimed at launching new therapies for metabolic diseases.
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.
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.
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 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.
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.
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.
Keep Indianapolis Beautiful will use the money for 2013 operating expenses.
The Indianapolis Parks Foundation has received a record-setting $10 million grant from the Lilly Endowment to upgrade 13 parks in Marion County, the foundation announced Monday.
The Lilly Endowment has named former Indianapolis Economic Development Corp. president Wallace "Ace" Yakey Jr. as the vice president for community development, the Indianapolis grant maker announced Tuesday.
The grant announced Wednesday by the Indiana Department of Natural Resources brings to $30 million the amount of funding for the initiative to acquire more wilderness land to mark the state's 200th birthday in 2016.
Christian Theological Seminary in Indianapolis has received initial funding for its new Center for Pastoral Excellence through an $8 million grant from the Lilly Endowment.
Lilly Endowment’s $500,000 gift will help fund needed maintenance to the historic building on Indiana Avenue. Center directors say the theater needs a new HVAC system, in addition to electrical wiring, lighting and sound equipment.
Eli Lilly and Co. got a boost of confidence last week that its project to launch the first effective Alzheimer’s treatment is on the right track—though it still faces hugely long odds.
Lilly Endowment Inc. has awarded the University of Indianapolis a $2 million grant to help it begin cataloging four decades of city history as part of the university’s planned Institute for Civic Leadership & Mayoral Archives.
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.
