The Lilly Endowment, Inc. is an Indiana-polis-based private philantrhopic foundation established in 1873 by the members of the Lilly family; J.K. Lilly Sr., J.K. Lilly Jr., and Eli Lilly.
The foundation was formed through the stock gifts of their pharmaceutical company called the Eli Lilly and Company. However, the foundation is considered to be a separate entity from the company.
The foundation aims to help people in Indianapolis build a better life through supporting efforts of national significance and international projects.
Q: You've argued that institutionalized philanthropy is infected with a “colonizing virus.” What do you mean? A: The philanthropic industry as it...more
Lilly Endowment Inc. is an Indianapolis-based, private philanthropic foundation created in 1937 by J.K. Lilly Sr. and sons J.K. Jr. and Eli through gifts...more
Although celebrity names and support associated with social enterprises can be an effective tool to promote a business and tackle a social mission, they do come with their risks.