Eli Lilly and Company Foundation logo

Eli Lilly and Company Foundation

Foundation · Grantmaker INDIANAPOLIS, IN EIN: 35-6202479 Website
AdultsYoung adultsEconomically disadvantaged peopleLow-income peopleArts and culture

The Eli Lilly and Company Foundation is a private, corporate foundation established in 1968 and supported by donations from Eli Lilly and Company, a pharmaceutical manufacturing company headquartered in Indianapolis, Indiana. The foundation operates as a tax-exempt 501(c)(3) organization with the primary mission of extending Eli Lilly's charitable reach and impact through strategic philanthropic investments.

Key facts about Eli Lilly and Company Foundation

EIN
35-6202479
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$29,127,899
Grants made (2024)
95
Average grant
$306,609
Median grant
$100,000
Total assets
$13,824,821
Primary geography
Indiana (84% of itemized 2024 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation does not accept unsolicited proposals and does not provide direct contact for grant inquiries.

Data from IRS Form 990-PF, 2024; updated June 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Eli Lilly and Company Foundation funds

By grant dollars, the top recipient states for Eli Lilly and Company Foundation's 95 itemized 2024 grants were Indiana (84%). The most frequent recipient cities were Indianapolis, IN (48 grants), Bloomington, IN (3 grants), San Francisco, CA (3 grants) and Durham, NC (3 grants). 9% of grants with a stated purpose were for general or operating support. Recurring purposes include "Match of Lilly Employee Donations" (22 grants) and "Indy Volunteer Program Grants 2024" (3 grants).

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$13.8M

+106.3% YoY

Annual Giving

$29.1M

+12.1% YoY

Grant Count

95

-1.0% YoY

Avg Grant Size

$307K

+13.3% YoY

Under IRS private-foundation payout rules, Eli Lilly and Company Foundation reported a distributable amount of $584K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation supports programs designed to improve patient outcomes and enhance quality of life, with special emphasis on:

  • Global Health: Improving healthcare for people living in communities with limited resources, with a focus on low and middle-income countries
  • Education: Strengthening public education with emphasis on science and math (STEM) education, particularly for children in underserved communities in Indianapolis
  • Community Development: Supporting charitable community development and cultural organizations, with particular focus on Indianapolis and Central Indiana
  • Economic Mobility & Equity: Supporting initiatives and projects that address barriers to equitable access and opportunities
  • Employee Engagement: Matching employee and retiree donations and recognizing volunteer service

Grantmaking

The foundation operates through three primary programs:

Grant Range

**: $5,000 to $5,500,000

How to Apply

The foundation does not accept unsolicited proposals and does not provide direct contact for grant inquiries.

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Geographic Focus

Where this funder awards grants

The foundation directs more than half of its grants to Indianapolis and Central Indiana, where Eli Lilly is headquartered. The foundation also supports global health initiatives in low and middle-income countries and has additional funding activity in California and North Carolina.

Grant Distribution by State

23states
+16 more states

Cities

IndianapolisBloomingtonNew YorkBostonCedar KnollsSan DiegoSan JuanDurhamPhiladelphiaAlexandriaViennaNewarkFresnoMiddletonSan FranciscoTallahasseeWashingtonWest LafayetteDanburyFishers

Financial History

Multi-year comparison from IRS filings

Assets & Revenue (2024)

  • Total Assets: $13,824,821
  • Total Revenue: $36,845,306
  • Total Expenses: $29,721,087
  • Net Income: $7,124,219
  • Total Liabilities: $0

Revenue Composition (2024)

  • Grants and contributions: $35,500,000
  • Investment income and dividends: $523,896

Historical Giving Trends

  • 2024: $25,980,906 in grants
  • 2023: $21,500,000 in grants (76 grants)
  • 2022: $21,900,000 in grants (68 grants)
  • 2021: $27,500,000 in grants (59 grants)
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$10M$20M$30M$41M20202021202220232024
Metric202420232022
Total Assets$13,824,821$6,700,602$2,941,619
Revenue$36,845,306$30,208,466$24,120,700
Expenses$29,721,087$26,449,483$21,814,467
Qualifying Distributions$29,590,434$26,315,848$21,738,116
Net Investment Income$1,284,373$228,588$101,605
Distributable Amount$583,974$337,822$263,079

Giving Over Time

Total grant dollars and number of grants per year

$0$7M$15M$22M$29M59 grants202068 grants202176 grants202296 grants202395 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Additional Details Regar…$6.4MUnited Way of Central In…$6.0M · 2 grantsIndiana University$1.8M · 3 grantsIndianapolis Foundation …$1.1M · 2 grantsInternational School of …$1.0MUnited States Fund for U…$1.0MIndianapolis Chamber of …$750K · 2 grantsIndianapolis Public Scho…$710KChildrens Museum of Indi…$600KBe Nimble Foundation Inc$500K

Grant Size Distribution

394 grants across all recorded years

152<$50K51$50–100K92$100–250K54$250–500K27$500K–1M9$1–5M9$5M+

Open Grants

5 open opportunities from Eli Lilly and Company Foundation

Show all 5 →

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Additional Details Regarding Organizations ($6,376,338), United Way of Central Indiana ($6,019,034 across 2 grants), Indiana University ($1,780,177 across 3 grants).

RecipientPurposeAmount
ADDITIONAL DETAILS REGARDING ORGANIZATIONS INDIANAPOLIS, INMATCH OF LILLY EMPLOYEE DONATIONS$6,376,338
UNITED WAY OF CENTRAL INDIANA INDIANAPOLIS, INMATCH OF LILLY EMPLOYEE DONATIONS$5,969,034
INDIANAPOLIS FOUNDATION INC INDIANAPOLIS, INSUPPORT OF CHARITABLE EFFORTS TO ADDRESS HOMELESSNESS IN INDIANAPOLIS$1,000,000
INTERNATIONAL SCHOOL OF INDIANA INC INDIANAPOLIS, INISI OPERATIONAL SUPPORT 2023 - 2024$1,000,000
UNITED STATES FUND FOR UNICEF NEW YORK CITY, NYUNITED NATIONS MULTI-PARTNER TRUST FUND: HEALTH4LIFE$1,000,000
INDIANA UNIVERSITY BLOOMINGTON, INAMPATH BREAST AND CERVICAL CANCER SCREENING TO IMPROVE WOMENS CANCER OUTCOMES IN KENYA AND NEPAL$780,177
INDIANAPOLIS PUBLIC SCHOOLS EDUCATION FOUNDATION INC INDIANAPOLIS, INACCELERATING EQUITABLE ACCESS TO STEM EDUCATION AND EXPERIENCES$709,500
CHILDRENS MUSEUM OF INDIANAPOLIS INCORPORATED INDIANAPOLIS, INGIRLS AND YOUNG WOMEN IN STEM IN MISSION JURASSIC$600,000
INDIANAPOLIS CHAMBER OF COMMERCE FOUNDATION INDIANAPOLIS, INSUPPORT OF CHARITABLE PURPOSES OF INITIATIVES TO ENHANCE INDIANAPOLIS AND CENTRAL INDIANA REGION$550,000
BE NIMBLE FOUNDATION INC INDIANAPOLIS, INBE NIMBLE ENTREPRENEURSHIP PROGRAM$500,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
DAVID RICKSBOARD CHAIR1—
LUCAS MONTARCEBOARD MEMBER1—
MELISSA SEYMOURBOARD MEMBER1—
ALONZO WEEMSBOARD MEMBER1—
ANAT HAKIMBOARD MEMBER1—
ANNE WHITEBOARD MEMBER1—
DANIEL SKOVRONSKYBOARD MEMBER1—
DIOGO RAUBOARD MEMBER1—
EDGARDO HERNANDEZBOARD MEMBER1—
ILYA YUFFABOARD MEMBER1—
JACOB VAN NAARDENBOARD MEMBER1—
PATRIK JONSSONBOARD MEMBER1—
ERIC DOZIERBOARD MEMBER1—
ANAT ASHKENAZIBOARD MEMBER (PARTIAL YEAR)1—
JOHNA NORTONBOARD MEMBER (PARTIAL YEAR)1—

Recent News & Activity

Recent developments and announcements

The foundation has demonstrated significant commitment to STEM education in Indianapolis, including a multi-year grant of $5.5 million to the Indianapolis Public Schools Foundation to support transformative STEM education programs. The foundation also provided $500,000 in grants to support equitable access to education for Dreamers in Indiana and awarded $750,000 to the MV3 Foundation as part of a new partnership.

Eli Lilly Foundation awards $5.5M grant to IPS Foundation for STEM\_ - Indianapolis\
2024

In 2024, the foundation matched over $5.1 million in eligible Lilly employee and retiree contributions, with Lilly employees, retirees, and the foundation collectively contributing more than $12.5 million to over 500 organizations.

Eli Lilly Foundation awards $5.5M grant to IPS Foundation for STEM\_ - Indianapolis\

Subject Areas

Focus areas based on grantmaking activity

AdultsYoung adultsEconomically disadvantaged peopleLow-income peopleArts and culture

Frequently Asked Questions

What does Eli Lilly and Company Foundation fund?

The foundation supports programs designed to improve patient outcomes and enhance quality of life, with special emphasis on: • **Global Health**: Improving healthcare for people living in communities with limited resources, with a focus on low and middle-income countries • **Education**: Strengthening public education with emphasis on science and math (STEM) education, particularly for children in underserved communities in Indianapolis • **Community Development**: Supporting charitable communi…

How do I apply for a grant from Eli Lilly and Company Foundation?

• **Annual Giving**: Approximately $26 million (2024: $25,980,906) • **Grant Range**: $5,000 to $5,500,000 • **Median Grant**: $55,000 • **Number of Grants**: 96 grants awarded in 2024; 76 grants in 2023 • **Decision Timeline**: 3-6 months for discretionary grants The foundation operates through three primary programs: 1. **Discretionary Grants Program**: Funds major initiatives aligned with foundation priorities 2. **Employee Matching Gifts Program**: Matches contributions made by employees an…

Where does Eli Lilly and Company Foundation make grants?

The foundation directs more than half of its grants to Indianapolis and Central Indiana, where Eli Lilly is headquartered. The foundation also supports global health initiatives in low and middle-income countries and has additional funding activity in California and North Carolina.

What size grants does Eli Lilly and Company Foundation award?

In 2024, Eli Lilly and Company Foundation awarded 95 grants totaling $29.1M — an average of about $307K per grant, based on its IRS Form 990 filings.

How much is Eli Lilly and Company Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Eli Lilly and Company Foundation reported a distributable amount of $584K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Eli Lilly and Company Foundation's EIN?

Eli Lilly and Company Foundation's EIN (Employer Identification Number) is 35-6202479. IRS Form 990 filing data is available on this page for 2020–2024.

Does Eli Lilly and Company Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. The foundation does not accept unsolicited proposals and does not provide direct contact for grant inquiries.

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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