International Center Receives GrantsPosted: Updated:
The International Center in Indianapolis has been awarded more than $600,000 in grants from Lilly Endowment Inc. and Eli Lilly and Co. Foundation Inc. The center says the funding will help expand global initiatives including its China strategy.
March 5, 2014
Indianapolis, Ind. - The International Center has received a $530,000 grant from Lilly Endowment as well as a $100,000 two-year grant from the Eli Lilly and Company Foundation. Both grants will serve to support The Center's general operations as well as expand the programs and services provided to both the public and private sectors.
The grant from Lilly Endowment is in the form of a single installment of $330,000, followed by a second payment of up to $200,000 which is conditioned on The Center's raising qualifying matching funds on a dollar for dollar basis.
The $100,000 Lilly Foundation grant will be awarded in two $50,000 installments, the first in 2014 and the second in 2015. This grant will be used to support specific global initiatives including a China strategy.
"We owe much of our success to the vote of confidence demonstrated by both Lilly Endowment and the Eli Lilly and Company Foundation. Both institutions recognize the value The International Center brings to the business, government, educational and civic sectors and the role our organization has played – and continues to play - in positioning our City and State to be successful in today's global environment," stated Diane Thomas, president and CEO of The International Center.
About The International Center
For more than 40 years, The International Center has served as a guide to the world’s cultural landscape, and a catalyst for the state's international growth. Working in collaboration with businesses, organizations, government agencies, educational institutions and individual citizens, The Center expands Indiana's global interest through a variety of programs and services and through convening diverse interests who share common international goals. The International Center is a member of Global
Source: The International Center