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December 14, 2023
Contact: Judith Cebula
317.916.7327 | firstname.lastname@example.org
INDIANAPOLIS – Lilly Endowment Inc. has approved grants to six colleges and universities in Indiana totaling $145.8 million to support community development projects jointly envisioned by the institutions and local stakeholders to improve quality of life and place in their communities.
The Endowment is making the five-year implementation grants, which range from $5.8 million to $35 million each, through its College and Community Collaboration initiative —a competitive initiative designed to encourage Indiana’s colleges and universities to work closely with community stakeholders to envision and jointly undertake significant community development efforts to create more vibrant places in which to live, learn, work and play. As expressed by many college and university leaders, a vibrant local community is increasingly important to these institutions in their efforts to attract and retain faculty, staff and students.
The Endowment launched the initiative in February, allocating up to $300 million in funding to be approved in multiple phases. In the first phase, eligible Indiana colleges and universities could apply for and receive planning grants to help them identify, assess and address compelling needs and promising opportunities in their communities. Building upon their collaborative planning work, colleges and universities could opt to submit implementation grant proposals to the Endowment for the competitive phase of the initiative this year or in 2024. Learn more about the initiative here.
These six implementation grants will provide partial support for a variety of projects that the colleges and universities and their community collaborators hope will enhance the quality of life and place on campuses and their surrounding communities. Some of the project activities proposed by the six colleges and universities are described below:
“In designing their proposed projects, it was evident that these colleges and universities engaged a wide-ranging group of community stakeholders to imagine and develop creative solutions to pressing campus and community needs,” said Jennett M. Hill, president of the Endowment. “The institutions submitted proposals that revealed robust collaborative efforts reflective of the institutions’ willingness to learn from not only campus colleagues but from local residents and businesses to help shape projects with promising potential to enhance the quality of life on their campuses and in their local communities.”
In the first phase of the initiative, all 35 eligible Indiana colleges and universities submitted planning proposals and received planning grants. The grants, which totaled $9,660,381, provided time and resources for colleges and universities to conduct comprehensive assessment and planning activities in close collaboration with organizations in their local communities. Many convened meetings with a diverse cross section of community stakeholders, conducted market assessments, identified prospective sites for redevelopment, researched national best practices, visited other campuses and explored financing options for potential projects, among other planning activities.
About Lilly Endowment Inc.
Lilly Endowment Inc. is an Indianapolis-based, private foundation created in 1937 by J. K. Lilly and his sons, Eli and J.K. Jr., through gifts of stock in their pharmaceutical business, Eli Lilly and Company. While those gifts remain the financial bedrock of the Endowment, the Endowment is a separate entity from the company, with a distinct governing board, staff and location. In keeping with its founders’ wishes, the Endowment supports the causes of community development, education, and religion, and it maintains a special commitment to its hometown, Indianapolis, and home state, Indiana.