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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