Ruth Lilly Philanthropy
Ruth Lilly is the sole heiress to the fortune of Eli Lilly, the century-old pharmaceutical company named after her great-great-grandfather.
Ruth Lilly contributes substantially to the arts. She is also an avid supporter of health advocacies, historical preservation causes, youth nonprofits and countless charitable entities, especially those based in Indiana.
- Ruth Lilly gave $100 million worth of company stock to the Poetry Foundation, which publishes Poetry magazine in Chicago, a magazine that repeatedly spurned her requests to be published when she was younger. Through Poetry Magazine, Ruth Lilly has funded a poetry contest every year since 1986. Ruth Lilly has also contributed roughly $120 million to the Washington-based nonprofit Americans for the Arts.
- Every year, Ruth slakes off $10 million from her wealth, essentially halving her income. Over the years, her philanthropic contributions have totaled over $175 million.
- Lilly’s pledges have given rise to many hospitals, libraries and parks. She donates for health care and education, as well as youth campaigns and historical preservation. In more unusual philanthropy, Ruth Lilly sponsors priests and men of the clergy who are reflecting and meditating on their calling.
- Ruth Lilly is also the founder of the Ruth Lilly Philanthropic Foundation.
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