Ruth Lilly Foundation

WILMINGTON, DE EIN: 34-7206415

Ruth Lilly Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $90.6M in total assets. In 2024, it awarded 1 grants totaling $5.7M. Net investment income was $6.9M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$90.6M

+4.1% YoY

Annual Giving

$5.7M

+24.3% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$5.7M

+24.3% YoY

Under IRS private-foundation payout rules, Ruth Lilly Foundation reported a distributable amount of $6.1M for 2024 — the minimum it must pay out in qualifying distributions.

About Ruth Lilly Foundation

Based on IRS filings

Ruth Lilly Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $90.6M in total assets. In 2024, it awarded 1 grants totaling $5.7M. Net investment income was $6.9M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Wilmington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$3M$7M$10M$13M20202021202220232024
Metric202420232022
Total Assets$90,591,775$87,032,273$87,606,517
Revenue$7,656,153$5,034,545$6,093,112
Expenses$7,089,749$5,906,166$7,715,353
Qualifying Distributions$6,290,164$5,109,463$6,491,693
Net Investment Income$6,882,991$4,328,731$4,883,011
Distributable Amount$6,081,899$5,241,860$5,331,125

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M$8M1 grants20201 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

SEE ATTACHED$5.7M

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M1$1–5M4$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include See Attached ($5,670,823).

RecipientPurposeAmount
SEE ATTACHED WILMINGTON, DEGENERAL OPERATING$5,670,823

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

JOSIAH LILLY VTRUSTEE$165KJOSIAH LILLY IVTRUSTEE$135KMEGAN MARSACCOMMITTEE MEMBER$75KGEORGE LILLYCOMMITEE MEMBER$75K

From 2024 filing

NameTitleHoursCompensation
JOSIAH LILLY IVTRUSTEE1$135,000
JOSIAH LILLY VTRUSTEE1$165,000
MEGAN MARSACCOMMITTEE MEMBER1$75,000
GEORGE LILLYCOMMITEE MEMBER1$75,000

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Ruth Lilly Foundation?

Ruth Lilly Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $90.6M in total assets as of 2024.

How large is Ruth Lilly Foundation?

As of 2024, Ruth Lilly Foundation holds $90.6M in total assets with $7.7M in annual revenue. It awarded 1 grants totaling $5.7M in 2024.

Where does Ruth Lilly Foundation operate?

Ruth Lilly Foundation has awarded grants in Delaware.

What size grants does Ruth Lilly Foundation award?

In 2024, Ruth Lilly Foundation awarded 1 grants totaling $5.7M — an average of about $5.7M per grant, based on its IRS Form 990 filings.

How much is Ruth Lilly Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Ruth Lilly Foundation reported a distributable amount of $6.1M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Ruth Lilly Foundation's EIN?

Ruth Lilly Foundation's EIN (Employer Identification Number) is 34-7206415. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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