Lilly Endowment Launches $125M Grant Phase

Posted: Updated:
The endowment says arts and culture groups help attract strong companies and top talent to Indianapolis and Indiana. The endowment says arts and culture groups help attract strong companies and top talent to Indianapolis and Indiana.
INDIANAPOLIS -

Indianapolis-based Lilly Endowment Inc. has launched the seventh phase of its Giving Indiana Funds for Tomorrow initiative. The organization plans to award a total of $125 million to community foundations throughout the state to help them better serve the towns, cities and counties they support.

The GIFT Initiative was established in 1990. It has two components: Matching Fund Grants, which total $76.1 million in funding in this phase, and Community Leadership Grants, which total $48.9 million.

Eligible community foundations can apply for Matching Fund Grants between $500,000 and $4 million. The size of the grants will vary based on the population of the counties the community foundations serve. The endowment says these grants are designed to encourage residents and others to "give generously to grow community foundation endowments and to fund local community needs." 

Community foundations can also apply for planning grants between $50,000 and $200,000 through the Community Leadership Grants component. These grants are designed to help foundations "deepen their understanding of key challenges and opportunities in their communities and then prioritize the ones they are best positioned to address." The endowment says grants of $100,000 to $500,000 will then be awarded to help implement those plans. 

"In the 28 years since GIFT began, community foundations have demonstrated their ability to inspire imagination, generosity and commitment among local residents, donors and volunteers," said Rob Smith, vice president for community development at Lilly Endowment. "Changing economic and cultural dynamics are presenting both significant challenges and important opportunities for Indiana communities. With GIFT VII, we seek to help community foundations raise resources and further enhance their ability to lead collaborative efforts to improve the quality of life for their residents."

You can learn more about the initiative and the eligibility requirements for applying for the grants by clicking here.

  • Perspectives

    • (photo courtesy of Conexus)

      Getting the Word Out About Manufacturing & Logistics

      As the epicenter of the nation’s advanced manufacturing and logistics industries, Indiana has a compelling story to tell about how Hoosier companies make and move the goods people depend on every day. Our goal is to ensure everyone hears these stories – many of which share a common theme focused on cutting-edge technologies that are transforming the way products are made and moved around the world and the people who use them. Conexus Indiana launched an...

    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

    • (photo courtesy of The Times of Northwest Indiana)

      Historic Hospital to be Torn Down in Gary

      A building that once represented the racial divide in the city of Gary, but long provided health care to the African American community, will soon fall to a wrecking ball. The city says it intends to raze the long-abandoned St. John’s Hospital. 

    • Photo courtesy of Indianapolis Motor Speedway

      Red Bull to Discontinue Air Race World Championship

      The Red Bull Air Race at the Indianapolis Motor Speedway, originally scheduled for October, has been canceled as a result of Red Bull's decision to discontinue the Air Race World Championship following the 2019 season. The company says the races scheduled between June and September in Russia, Hungary and Japan will run as planned. 

    • On-Air

      Find out when and where you can watch and listen to our reports.

    • The Honda Greensburg plant opened in 2008.

      Honda to Invest $4M, Add Jobs at Greensburg Plant

      The American Honda Motor Co. continues to invest in its Greensburg, Indiana plant as it has announced the factory will be producing the company’s first electrified sport utility vehicle in the U.S. The company says it will invest more than $4 million and add 34 new jobs in the plant to support production of the CR-V Hybrid.  

    • Eleven Fifty was previously headquartered at Launch Fishers.

      Eleven Fifty to Cut Ribbon on New Location

      Eleven Fifty Academy will cut the ribbon on its new downtown location September 23. The nonprofit coding academy says it will host a grand opening ceremony November 6.