Lilly Endowment Inc is located in Indianapolis, IN. The organization was established in 1938. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 12/2020, Lilly Endowment Inc generated $929.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $822.1m during the year ending 12/2020. While expenses have increased by 10.0% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Lilly Endowment Inc has awarded 9,090 individual grants totaling $3,755,835,596. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONVENING FOR CHARTING THE FUTURE FOR INDIANA COLLEGES AND UNIVERSITIES (CHARTING THE FUTURE) - CHARTING THE FUTURE IS AN ONGOING STATEWIDE INITIATIVE FUNDED BY LILLY ENDOWMENT TO HELP LEADERS OF INDIANA'S 38 COLLEGES AND UNIVERSITIES ENGAGE IN THOUGHTFUL DISCERNMENT ABOUT THE FUTURE OF THEIR INSTITUTIONS AND ADVANCE STRATEGIC PLANNING AND IMPLEMENTATION EFFORTS TO ADDRESS KEY CHALLENGES AND OPPORTUNITIES. THROUGH THE INITIATIVE, THE ENDOWMENT APPROVED FUNDING THAT TOTALED MORE THAN 138 MILLION, WHICH INCLUDED PLANNING GRANTS, IMPLEMENTATION GRANTS, AND LARGE-SCALE PROJECT GRANTS. IN FEBRUARY 2020, AT THE BEGINNING STAGES OF THE INITIATIVE, THE ENDOWMENT CONVENED REPRESENTATIVES FROM THE 38 COLLEGES AND UNIVERSITIES TO NETWORK, LEARN TOGETHER AND ATTAIN INFORMATION THAT WOULD BE HELPFUL IN THINKING ABOUT AND ACTING ON THESE ISSUES. THE ENDOWMENT INVITED NATIONAL HIGHER EDUCATION EXPERTS TO JOIN ENDOWMENT STAFF TO DELIVER PRESENTATIONS AND FACILITATE BREAKOUT SESSIONS FOR ATTENDEES ON V
Name (title) | Role | Hours | Compensation |
---|---|---|---|
N Clay Robbins Chairpresceo | 40 | $938,000 | |
Robert L Smith Srvp | 40 | $435,000 | |
Christopher L Coble VP Religion | 40 | $421,000 | |
Diane M Stenson Vp&treasurer | 40 | $421,000 | |
Ben W Blanton VP Secy & Gc | 40 | $390,000 | |
Peter A Buck VP Investmts | 40 | $297,000 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Faegre Drinker Biddle & Reath Llp | 12/30/20 | $538,199 |
Fleck Education Services Llc | 12/30/20 | $104,925 |
Fidelity Investments Inc | 12/30/20 | $107,495 |
Fund Evaluation Group Llc | 12/30/20 | $161,000 |
Baxter Capital Management Inc | 12/30/20 | $114,517 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $566,909 |
Interest on Savings | $6,943,610 |
Dividends & Interest | $406,167,324 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $515,511,558 |
Capital Gain Net Income | $504,953,780 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $929,189,401 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $4,401,600 |
Other employee salaries and wages | $3,902,824 |
Pension plans, employee benefits | $4,022,789 |
Interest | $0 |
Taxes | $15,973,232 |
Depreciation | $0 |
Occupancy | $664,097 |
Travel, conferences, and meetings | $45,690 |
Printing and publications | $94,496 |
Other expenses | $1,279,650 |
Total operating and administrative expenses | $32,524,036 |
Contributions, gifts, grants paid | $789,586,408 |
Total expenses and disbursements | $822,110,444 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $165,328 |
Savings and temporary cash investments | $388,109,949 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $1,850,235,860 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $21,002,095,929 |
Accounts payable and accrued expenses | $0 |
Grants payable | $187,170,466 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $187,170,466 |
Over the last fiscal year, Lilly Endowment Inc has awarded $976,756,874 in support to 2,036 organizations.
Grant Recipient | Amount |
---|---|
New York, NY PURPOSE: RACIAL INJUSTICES & INEQUITIES-INDPL | $100,000,000 |
INDIANA ASSN OF UNITED WAYS INC PURPOSE: COVID19 ECONOMIC RELIEF FUND | $30,000,000 |
CICP FOUNDATION INC PURPOSE: BUILDING DIGITAL TECHNOLOGY ECOSYSTM | $27,000,000 |
Indianapolis, IN PURPOSE: PHASE I DEVELOPMENT | $18,000,000 |
Indianapolis, IN PURPOSE: COVID19 STATEWIDE CHILDCARE RECOVERY | $15,743,000 |
Indianapolis, IN PURPOSE: COVID19 CENTRAL IN ECONMIC RELIEF FD | $15,000,000 |
Organization Name | Assets | Revenue |
---|---|---|
Lilly Endowment Inc Indianapolis, IN | $21,002,095,929 | $929,189,401 |
John D & Catherine T Macarthur Foundation Chicago, IL | $7,208,352,632 | $595,397,688 |
Abbvie Patient Assistance Foundation North Chicago, IL | $3,302,188 | $138,953,625 |
Lumina Foundation For Education Inc Indianapolis, IN | $1,274,092,392 | $124,890,321 |
Grainger Foundation Inc Lake Forest, IL | $173,157,729 | $10,585,156 |
Fulk Family Foundation Inc Chicago, IL | $0 | $12,792,339 |
Enterprise Holdings Foundation Clayton, MO | $382,656,366 | $81,414,813 |
Hall Family Foundation Kansas City, MO | $881,677,518 | $43,313,571 |
Caterpillar Foundation Peoria, IL | $93,606,659 | $54,411,827 |
Allstate Foundation Northbrook, IL | $133,045,947 | $53,226,668 |
Pritzker Foundation Chicago, IL | $403,405,415 | $26,713,176 |
Abbott Fund Abbott Park, IL | $13,073,678 | $10,307,719 |