Wednesday, September 2, 2015

Lilly Endowment Educational Grants or loans

The Lilly Endowment, a philanthropic foundation based in Indianapolis, Indiana, was founded in 1937 by the family behind the Eli Lilly pharmaceutical company. The endowment awards two types of grants to support education: the basic education grant and the grant for youth and philanthropic education. These grants are for organizations in Indiana only.


History


The Lilly Endowment began its educational grant program after becoming aware that Indiana has fewest adults age 25 and older with bachelor's degrees. Local universities and colleges began a campaign to keep graduates in state with internships and job placement programs and, in 2003, the endowment initiated grants worth more than $38 million to contribute. While kindergarten through high school programs may apply for grants, the endowment places an emphasis on the retention of higher learning graduates. The endowment also aims to stimulate philanthropy from college board members, alumni and their parents, staff members and students through its Youth and Philanthropic Leadership Education grants.


Education Grants


The education grants are aimed at improving Indiana's educational institutions, with an emphasis on programs that aim to boost the number of residents with bachelor's degrees. Education grants also are awarded to organizations that support education for African Americans, Hispanics and Native Americans. The grant awards vary for each organization that requests funding and there are no specific guidelines to qualify.


Youth and Philanthropic Leadership Education


The philanthropic leadership grants are awarded to organizations that promote charity and giving, particularly in the realm of educational institutions. The grants support professional development at nonprofit organizations, as well as scholarly efforts to raise awareness and knowledge about philanthropy.


Applying


To apply for a Lilly Endowment grant, write a letter to the endowment describing your organization, the specific project the grant will support and your financial request. The letter should be no longer than two pages. The endowment may ask for a full proposal if your project is selected for further consideration. Mail the letter to Grant Services Office, Lilly Endowment Inc., 2801 N. Meridian St., P.O. Box 88068, Indianapolis, IN 46208-0068.