$40 million Lilly Endowment Grant to Support STEM Students and Jobs


Foundation: Lilly Endowment

credit:

Purdue University recently announced a $40 million Lilly Endowment grant to Purdue Research Foundation. The grant aims to help create Purdue's Engineering and Polytechnic Gateway Complex, a project designed to meet the growing demand for science, technology, engineering and math (STEM) graduates.

The Gateway Complex will comprise of two buildings, which will cost an estimated $140 million. In addition to the Lilly Endowment grant of $40 million, the project is being supported by $60 million from the state of Indiana, and the remaining $40 million will be raised in private donations.

Once the The Gateway Complex is built, it will help Purdue expand its opportunities for talented STEM students who apply to attend Purdue each year but are turned away because of lack of space.

The Gateway Complex is being designed as an interdisciplinary hub that will connect project-based instructional laboratories, design studios and other collaborative spaces.

According to Purdue President Mitch Daniels, the latest Lilly Endowment grant will enable Purdue to graduate more STEM professionals and help them build careers with Indiana businesses.

Read the Entire Article


Selected Foundation News

A customized collection of news from foundations from around the Web.

The Impact Investing Case for Telecom Companies

"We are so used to being almost permanently online that we don't really appreciate what we have and do not really know what to do when we're not," Joni Mitchell wrote in her 1970s song "Big Yellow...more

When Does Impact Investing Make the Biggest Impact?

The concept of "impact investing" has taken off in recent years, with more than $1 trillion in assets under management. But a new study out of Harvard Business School suggests that while impact...more

Svx Launches Major Update to Impact Investing Opportunity Database

"All investments are impact investments," says Adam Spence, CEO of SVX, a non-profit financial services firm that has just launched Canada's first index designed to measure the impact of investments...more

5 Ways to Guide Clients on Esg and Impact Investing

Environmental, social, and governance (ESG) investing has gained popularity in recent years as clients seek to align their investments with their values and promote positive change in the...more

Leading Impact Investors and Philanthropists Convene for
Foundation: Silicon Valley Community Foundation, California Endowment

In 2024, Los Angeles will host the Mission Investors Exchange 2024 National Conference, an annual conference that brings together more than 750 philanthropy and impact investing leaders from across...more

Leading Impact Investors and Philanthropists Convene for Mission Investors Exchange 2024 ...
Foundation: California Community Foundation, California Endowment

Ava DuVernay financed her latest film with money from the Giving Pledgean initiative of the California Endowment, the largest US foundation to commit its entire $4 billion portfolio to social and...more

Leading Impact Investors and Philanthropists Convene for Mission Investors Exchange 2024

In what may be a first for a major US city, Los Angeles has been chosen as the site of the 2024 Mission Investors Exchange National Conference, a conference that will focus on "investing in social...more

New Inclusive Creative Economy Strategy to Demonstrate That the U.S. Creative ...
Foundation: Marguerite Casey Foundation, Marguerite Casey Foundation, Rockefeller Philanthropy Advisors, Skoll Foundation, Target Foundation, Ford Foundation, Philadelphia Foundation, Rockefeller Foundation

"The US creative economy was most recently valued at over $1 trillion by the National Endowment for the Arts," per a press release, "even before considering film, fashion, video games, beauty, food,...more

Dentsu Creative Joins Forces with the Global Energy Alliance for People and Planet (Geapp ...

"No one country and no one organization can achieve this alone," says GEAPP Chief Communications Officer Kate Wills. "This is why we are committed to forming an ever widening and diverse alliance...more

Wilkes Center Announces 7 Finalists for $500K Climate Launch Prize

The University of Utah's Wilkes Center for Climate Science and Policy has narrowed its list of finalists for its $500,000 Climate Launch Prize to seven. The goal of the prize, which is one of the...more






Ganesh Natarajan is the Founder and Chairman of 5FWorld, a new platform for funding and developing start-ups, social enterprises and the skills eco-system in India. In the past two decades, he has built two of India’s high-growth software services companies – Aptech and Zensar – almost from scratch to global success.




Federal Government Grant and Assistance Programs



Edited by: Michael Saunders

© 2008-2024 Copyright Michael Saunders