Lilly Endowment - Theological School Initiative to Address Economic Challenges Facing Future Ministers
Listed by Asbury Theological Seminary
Funding Amount
$249,741
Deadline
Rolling / Open
Grant Type
Foundation
Deadline history & next window
- Cycle
- One-time opportunity
- Tracked since
- April 2026
Source: the cycle recorded on this listing. Confirm dates with the funder.
Overview
Lilly Endowment Grant for Student Debt Issues
Program Type: Three-year pilot program
Geographic Scope: United States (seminary-based)
Focus Areas:
- Student debt reduction for future ministers
- Financial literacy education for students and families
- Institutional financial efficiency
- Partnership development with undergraduate institutions
- Reimagining educational delivery models
Purpose: The initiative enables theological schools to examine and strengthen their financial and educational strategies and practices in order to improve the economic well-being of future pastoral leaders.
Key Objectives:
- Understand financial issues impacting seminary students and alumni
- Create institutional efficiencies to reduce costs
- Explore new partnerships with undergraduate institutions
- Re-imagine educational delivery models
- Establish robust financial literacy education programs
Funder Background: Lilly Endowment Inc. is an Indianapolis-based private philanthropic foundation created in 1937 by three members of the Lilly family through gifts of stock in their pharmaceutical business, Eli Lilly & Company. The Endowment supports causes of religion, education, and community development.
Recipient: Asbury Theological Seminary
Award Date: November 20, 2012
Focus Areas & Funding Uses
Fields of Work
- Christian nonprofits
- Education
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