Lilly Endowment Boosts Nonprofits to The Tune of $80M

Posted: Updated:
Indianapolis-based Lutheran Child and Family Services has been awarded $7.5 million from Lilly Endowment. Indianapolis-based Lutheran Child and Family Services has been awarded $7.5 million from Lilly Endowment.
INDIANAPOLIS -

Ten central Indiana nonprofits will share in $80 million in grants from the Indianapolis-based Lilly Endowment Inc. The recipients, including Bosma Enterprises, Children's Bureau Inc. and others, work with Hoosiers with disabilities or are focused on helping vulnerable children or youths. The grant, which range from $2.5 million to $10 million, will allow organizations to establish their own endowment or boost an existing one.

Vice President for Community Development Ace Yakey says "the staff and leadership of these agencies work every day to help children, adults and families who are among the most vulnerable residents in central Indiana. These grants don't take the place of ongoing support for day-to-day operations. Instead, the funds will help the agencies build financial infrastructures that will position them better to weather financial challenges and serve more people more effectively."

Some of the nonprofits will use part of the funding on efforts including technology upgrades and improving employee recruitment and retention. Lilly Endowment says the grants are in line with commitments with organizations like United Way of Central Indiana to partner with charitable organizations helping people with disabilities and vulnerable young people.

Since 2015, Lilly Endowment has committed $280 million toward central Indiana charities' long-term sustainability plans, including $100 million for 14 arts and cultural organizations in 2015 and $100 million for 15 low-income population-focused human services organizations in 2016.

This year's recipients include:

  • Indianapolis-based Bosma Enterprises Inc. - $5 million
  • Indianapolis-based Children's Bureau Inc. - $10 million
  • Indianapolis-based Damar Services Inc. - $10 million
  • Indianapolis-based Easterseals Crossroads - $10 million
  • Indianapolis-based Hear Indiana - $2.5 million
  • Indianapolis-based Lutheran Child and Family Services - $7.5 million
  • Indianapolis-based Noble - $10 million
  • Danville-based Sycamore Services Inc. - $7.5 million
  • Indianapolis-based Tangram Inc. - $7.5 million
  • Villages of Indiana, which has offices in Indianapolis and Bloomington - $10 million

Tangram says the $7.5 million it has been awarded is the largest-ever grant it has received. Chief Executive Officer Angie Tyler says "this grant will empower Tangram to build capacity and strengthen our infrastructure so that we can confidently move forward with our mission of creating extraordinary lives for people with disabilities and persist in the face of unexpected financial challenges. We are excited by the possibilities represented by this grant and extend our most sincere thanks to Lilly Endowment."

Lilly Endowment Communications Director Judith Cebula says the funds build on cycles initiated in the last two years.
  • Perspectives

    • Cyber Security: Out of Your Control - or Not?

      Good chance YOU have been a victim of a cyber security attack!  When a company gets hacked, you and other customers become the “victims” of the breach. That puts your identity at risk!  The FTC estimates 9 million Americans are victims of identity theft each year!  What’s the greatest potential for identity theft?  On-line shopping! Yikes!

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • Mark Miles (left) is the CEO of Hulman & Co. (IIB Photo/Alex Brown)

      Miles: Penske "Perfect Conclusion" for IMS

      Hulman and Co. Chief Executive Officer Mark Miles says once the Hulman-George family and board of directors made the decision to pursue a sale of the Indianapolis Motor Speedway, there was interest from numerous parties, but ultimately the deal with Roger Penske represented the best possible outcome. "There are sovereign funds around the world that I know were interested and there were other major entities, terrific companies, that could transact, but Roger is the...

    • Lime is pulling its scooters and bikes from South Bend.

      Lime Bikes and Scooters Departing South Bend

      California-based Lime is pulling its lime-colored bicycles and electric scooters from the city of South Bend, according to WNDU-TV.  Lime bicycles first appeared in South Bend in 2017, followed by the addition of scooters in 2018. 

    • (image courtesy of Pixabay/.Magnascan)

      Gov. Holcomb Declares Emergency on Propane Shortage

      Citing an emergency with the state’s propane supply, Governor Eric Holcomb has signed an executive order which waives some of the time restrictions for truck drivers who haul the fuel. “The current demand for propane exceeds the locally available supply of propane,” states the executive order. Throughout the Midwest, there have been reports of propane shortages and long lines at terminals where truck drivers pick up their load of propane. The governor’s offi...

    • (photo courtesy Joseph Pete/The Times of Northwest Indiana)

      ArcelorMittal to Idle Furnace at Indiana Harbor West

      ArcelorMittal plans to idle a blast furnace at its Indiana Harbor West in East Chicago. A spokesperson tells our partners at The Times of Northwest Indiana employees will be reassigned and there will be no layoffs as a result of the move. 

    • First Merchants Bank Announces Leadership Changes

      Muncie-based First Merchants Corporation (NASDAQ - FRME) has announced a new shift in leadership. The company has elected H. Douglas Chaffin to the First Merchants Board of Directors and Tom Myers as region president for the Michigan market.