INDIANAPOLIS — The nation’s first school of philanthropy now has a name — the Indiana University Lilly Family School of Philanthropy. There will be an inauguration ceremony this afternoon on the Indiana University-Purdue University Indianapolis campus.
The formal naming of the schools is subject to the approval of the IU Board of Trustees at its meeting Thursday.
“The Lilly family is one of the great philanthropic families in America, and their impact in Indiana, and especially on Indiana University, through their extraordinary generosity across six generations has been immense,” said Indiana University President Michael A. McRobbie. “By allowing IU to name the school in their honor, the Lilly family honors Indiana University through recognition of their profound contributions to education, research and the well-being of society. And it is particularly appropriate that their name should be associated with America’s first school of philanthropy internationally recognized for its pioneering and path-breaking work in this field.”
The Lilly family and Lilly Endowment Inc., a private philanthropic foundation that the family established 75 years ago, have played a seminal role in the creation and growth of the School of Philanthropy and the field of philanthropic studies. Lilly Endowment made the initial planning grants that launched the school’s predecessor, the Center on Philanthropy at Indiana University, more than 25 years ago and has provided substantial support throughout its history.
In 2006, the endowment made one of the largest gifts ever given to Indiana University when it gave $40 million to the center to support the education and training of new generations of leaders for philanthropy and nonprofit organizations. In all, Lilly Endowment has given the school and the former center more than $80 million to improve philanthropy. The center also received a gift of approximately $10 million from Ruth Lilly to establish the Ruth Lilly Professorship program, which helps recruit and retain outstanding faculty by providing matching funds to inspire and encourage other donors to establish endowed faculty chairs at the school.
“The Lilly family’s name is synonymous with philanthropy in Indiana and around the world,” said Eugene R. Tempel, Ph.D., founding dean of the Indiana University Lilly Family School of Philanthropy. “We are pleased that the school’s name will honor their philanthropic leadership, and we thank Lilly Endowment and the Lilly family for their generous support of the School of Philanthropy and of Indiana University.”
Indiana University established the nation’s first bachelor’s, master’s and Ph.D. degrees in the field of philanthropy. It created the nation’s first endowed chair in philanthropy and now has six endowed chairs dedicated to increasing understanding and improving the practice of philanthropy. Many of its faculty members are considered by their peers to be the top experts in their fields.
“The Lilly family for many years has had a close relationship with Indiana University,” said Irene Lilly McCutchen, daughter of J.K. Lilly III. “We are especially pleased that the university has seen fit to honor in such a wonderful way the ‘excellent business’ of philanthropy, which has been a hallmark of our family through the generations. May the work of the Lilly Family School of Philanthropy accomplish with great enthusiasm and excellence its vision to inspire many individuals and organizations to achieve positive, lasting change in the world.”
Civil War veteran and chemist Col. Eli Lilly, founder of pharmaceutical giant Eli Lilly and Co., inspired the family’s philanthropic tradition. In 1937, Col. Lilly’s son J.K. Lilly and J.K.’s sons, Eli Lilly and J.K. Lilly Jr., established Lilly Endowment Inc., a private family foundation, with gifts of stock in their company. The endowment today is one of the nation’s largest foundations. In keeping with the founders’ wishes, Lilly Endowment exists to support the causes of community development, education and religion. Though it has a national and international impact and reputation, the endowment has a special commitment to its hometown, Indianapolis, and home state. The generosity of the Lilly family has enabled Lilly Endowment to fund grants totaling nearly $8 billion during its 75-year history.
The inauguration ceremony will be livestreamed at broadcast.iu.edu. The event can be followed on Twitter via #IUSOPlilly.
About Indiana University Lilly Family School of Philanthropy
The Indiana University Lilly Family School of Philanthropy is dedicated to improving philanthropy to improve the world by training and empowering students and professionals to be innovators and leaders who create positive and lasting change in the world. The school offers a comprehensive approach to philanthropy through its academic, research and international programs and through The Fund Raising School, the Lake Institute on Faith & Giving and the Women’s Philanthropy Institute.