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.
Indiana is adding $500 million to its coffers and the Lilly Endowment is throwing in $250 million for community and economic development programs designed by communities themselves, the Columbus...more
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