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Lilly Endowment Inc., headquartered in Indianapolis, Indiana, is one of the world's largest private philanthropic foundations and among the largest endowments in the United States. It was founded in 1937 by Josiah K. (J. K.) Lilly Sr. and his sons, Eli Jr. and Josiah Jr. (Joe) , with an initial gift of Eli Lilly and Company stock valued at ...
Butler University increased its focus on faculty and student research with the Butler Institute for Research and Scholarship (BIRS), bolstered by a $1-million grant from Lilly Endowment. [21] The university also provides student research opportunities, such as the Butler Summer Institute, a 10-week program in which Butler students are granted ...
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Jul. 7—Students graduating in the spring of 2024 and who wish to apply for the 2024 Lilly Endowment Community Scholarship Program may now register for an orientation.
In 2017, a federal endowment tax was enacted in the Tax Cuts and Jobs Act of 2017 in the form of an excise tax of 1.4% on institutions that have at least 500 tuition-paying students and net assets of at least $500,000 per student. The $500,000 is not adjusted for inflation, so the threshold is effectively lowered over time.
Centerville senior Lorelai Guenther and Richmond senior Olivia Dudas were named the 2024 Lilly Endowment Community Scholarship winners by the Wayne County Foundation on Wednesday, Dec. 7, 2023.
In 2013, the College received a record donation of $2 million dollars from Guy Gundlach and the Elkhart County Community Foundation, aimed at providing scholarships to family and spouses of fallen veterans. [4] David Tyson became president in 2017 and set to repair the school's finances and reorganize the school.
[15] 12 Lilly Endowment United States: Indianapolis: $15.1 billion 1937 [16] 13 Ford Foundation United States: New York City: $13.7 billion 1936 [17] 14 Silicon Valley Community Foundation United States: San Jose, California: $13.6 billion 2007 [18] 15 Garfield Weston Foundation United Kingdom: London: $13.2 billion £9.8 billion 1958 [19] 16