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Filing year 2024

LILLY ENDOWMENT INC

Indianapolis, Indiana·EIN 35-0868122·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$3.1B
Total assets
$79.9B
Total expenses
$2.3B
Reported officers
20

Executive compensation

Form 990-PF · Part VIII · 20 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide.

Chairman&ceo
Unclassified
$1.2M
$1.2M
President
Board President
Above 90th percentilevs Philanthropy, Voluntarism & Grantmaking peers in Indiana
$801k
$862k
VP Secy & Gc
Board Vice President
Above 90th percentile
$501k
$539k
Vp&treasurer
Board Treasurer
Above 90th percentile
$489k
$526k
VP Religion
Board Vice President
Above 90th percentile
$489k
$526k
VP Invest&gm
Board Vice President
Above 90th percentile
$477k
$514k
VP Cmty Dev
Board Vice President
Above 90th percentile
$451k
$486k
VP Education
Board Vice President
Above 90th percentile
$451k
$486k
Vpevaluation
Unclassified
$321k
$346k
Director
Unclassified
$62k
$67k
Director
Unclassified
$62k
$67k
Director
Unclassified
$57k
$61k
Director
Unclassified
$54k
$58k
Director
Unclassified
$46k
$49k
Director
Unclassified
$46k
$49k
Director
Unclassified
$46k
$49k
Director
Unclassified
$24k
$25k
Director
Unclassified
$22k
$24k
Director
Unclassified
$11k
$12k
Director
Unclassified
$4k
$4k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at LILLY ENDOWMENT INC equaled 0.0% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
0.0%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$2.3B

Itemized grants

1,808

Median grant

$49k

RecipientLocationPurposeAmount
INDIANA UNIVERSITY FOUNDATIONBLOOMINGTON, INIU LAUNCH ACCELERATOR FOR BIOSCIENCE$138M
INDIANA ECONOMIC DEVELOPMENT CORPINDIANAPOLIS, INSTRATEGIC ENHANCEMENTS TO READI 2.0$100M
NATIONAL PARK FOUNDATIONWASHINGTON, DCSUPPORT FOR NATIONAL PARKS CAMPAIGN$100M
UNITED NEGRO COLLEGE FUND INCWASHINGTON, DCSUPPORT FOR UNCF CAPITAL CAMPAIGN$50M
INDIANA DEPARTMENT OF NATURAL RESINDIANAPOLIS, INSUPPORT FOR INDIANA STATE PARKS$40M
NATIONAL TRUST HISTORIC PRESERVATN IN THE UNITED STATESWASHINGTON, DCPRESERVING BLACK CHURCHES PROJECT$40M
SMITHSONIAN INSTITUTIONWASHINGTON, DCCELEBRATING AMERICAS 250TH PROJECT$40M
BELMONT UNIVERSITYNASHVILLE, TNCREATIVE ARTS COLLECTIVE$32.1M
DEPAUW UNIVERSITYGREENCASTLE, INCOLLEGES & COMMUNITIES INITIATIVE$32M
ROSE-HULMAN INSTITUTE OF TECHNOLOGYTERRE HAUTE, INCOLLEGES & COMMUNITIES INITIATIVE$30.5M
BOYS & GIRLS CLUBS OF AMERICAATLANTA, GAYOUTH CHARACTER DEVELOPMENT INIT$30M
GIRL SCOUTS OF THE USANEW YORK, NYYOUTH CHARACTER DEVELOPMENT INIT$30M
INDIANA WHITE RIVER STATE PARK DEVELOPMENT COMMISSIONINDIANAPOLIS, INWHITE RIVER STATE PARK EXPANSION$30M
NATIONAL BOY SCOUTS OF AMERICA FDNIRVING, TXYOUTH CHARACTER DEVELOPMENT INIT$30M
NATIONAL COUNCIL OF YMCA OF THE USACHICAGO, ILYOUTH CHARACTER DEVELOPMENT INIT$30M
UNIVERSITY OF NOTRE DAME DU LACNOTRE DAME, INCOLLEGES & COMMUNITIES INITIATIVE$30M
NATIONAL TRUST HISTORIC PRESERVATN IN THE UNITED STATESWASHINGTON, DCNATIONAL FUND FOR SACRED PLACES PROG$27.2M
GRACE SCHOOLSWINONA LAKE, INCOLLEGES & COMMUNITIES INITIATIVE$27M
MARIAN UNIVERSITYINDIANAPOLIS, INCOLLEGES & COMMUNITIES INITIATIVE$25M
THURGOOD MARSHALL COLLEGE FUNDWASHINGTON, DCHBCU CAPACITY BUILDING$25M
INDIANA WESLEYAN UNIVERSITYMARION, INCOLLEGES & COMMUNITIES INITIATIVE$24.3M
BIG BROTHERS BIG SISTERS OF AMERICATAMPA, FLYOUTH CHARACTER DEVELOPMENT INIT$22.5M
BUTLER UNIVERSITYINDIANAPOLIS, INCOLLEGES & COMMUNITIES INITIATIVE$22.5M
JUNIOR ACHIEVEMENT USACOLORADO SPRINGS, COYOUTH CHARACTER DEVELOPMENT INIT$22.5M
IVY TECH FOUNDATION INCINDIANAPOLIS, ININS EARLY CHILDHOOD EDUC WORKFORCE$21.9M
Compare this foundation's grantees

Up 5%
from 2023

From $1.1M in 2023 to $1.2M in 2024.

$1.1M
2023
$1.2M
2024
In today's dollarsEst.
Up 2% in real terms$1.2M to $1.2M

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board President pay rose 10% from 2023 to 2024, while revenue rose 50%.

$727k in 2023 to $801k in 2024.
  • Board Vice President pay rose 7% from 2023 to 2024.
  • Board Treasurer pay rose 4% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

This is a private foundation. Peers are foundations of similar asset size ($1B+), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about LILLY ENDOWMENT INC

What does the Board President of LILLY ENDOWMENT INC earn?

In 2024, the Board President of LILLY ENDOWMENT INC received $801,412 in total compensation. This pay is in the top 10% for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations in Indiana: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board President pay at LILLY ENDOWMENT INC compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Indiana, the 2024 pay of the Board President at LILLY ENDOWMENT INC falls in the top 10%. In 2024, the highest total compensation at LILLY ENDOWMENT INC equaled 0.0% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are LILLY ENDOWMENT INC's revenue and expenses?

In 2024, LILLY ENDOWMENT INC reported $3.1B in total revenue and $2.3B in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1B+), because foundation pay scales with assets under management, not revenue.