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.
The grant will support efforts to construct and operate a new Tolson Center for Community Excellence in Elkhart.The grant brings the total gifts and pledges so far to $10.7 million, including $5...more
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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.