Endowment is bright spot amid bad news

September 2002
Indianapolis Business Journal;9/2/2002, Vol. 23 Issue 25, p16
Editorial. Discusses the reasons why Indianapolis, Indiana-based Lilly Endowment Inc. remains one of the top ten foundations in the U.S., despite listing $3.7 billion of its assets' value during the first six months of 2002. Foundation's investment in a diverse portfolio; Creation of a shareholders' voting bloc that provides insulation against unwanted advances on the company; Local grants awarded by the foundation.


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