Eli Lilly and Company Foundation
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.
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
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.
Ready to take the next step with Eli Lilly and Company Foundation?
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
States
Cities
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)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Open Grants
5 open opportunities from Eli Lilly and Company Foundation
Eli Lilly and Company Charitable Contribution Grant
ELI LILLY AND COMPANY FOUNDATION
Amount
Varies
Deadline
Rolling / Open
Eli Lilly and Company Foundation Grants
ELI LILLY AND COMPANY FOUNDATION
Amount
Varies
Deadline
Rolling / Open
Eli Lilly Continuing Education Accredited Grant
ELI LILLY AND COMPANY FOUNDATION
Amount
Up to US $250,000
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DAVID RICKS | BOARD CHAIR | 1 | — |
| LUCAS MONTARCE | BOARD MEMBER | 1 | — |
| MELISSA SEYMOUR | BOARD MEMBER | 1 | — |
| ALONZO WEEMS | BOARD MEMBER | 1 | — |
| ANAT HAKIM | BOARD MEMBER | 1 | — |
| ANNE WHITE | BOARD MEMBER | 1 | — |
| DANIEL SKOVRONSKY | BOARD MEMBER | 1 | — |
| DIOGO RAU | BOARD MEMBER | 1 | — |
| EDGARDO HERNANDEZ | BOARD MEMBER | 1 | — |
| ILYA YUFFA | BOARD MEMBER | 1 | — |
| JACOB VAN NAARDEN | BOARD MEMBER | 1 | — |
| PATRIK JONSSON | BOARD MEMBER | 1 | — |
| ERIC DOZIER | BOARD MEMBER | 1 | — |
| ANAT ASHKENAZI | BOARD MEMBER (PARTIAL YEAR) | 1 | — |
| JOHNA NORTON | BOARD 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\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\Related Funders
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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