$10M Gift to Support Students at Kelley School of Business, Lilly Family School of Philanthropy

Indiana University has announced a $10 million gift from anonymous donors to support undergraduate and graduate students at both the Kelley School of Business and the Lilly Family School of Philanthropy. The gift is composed of two equal endowments of $5 million that will create financial aid opportunities at each school.

"This remarkably generous gift to Indiana University's renowned Kelley School of Business and the first school of philanthropy in the country, the Lilly Family School of Philanthropy, will ensure these schools continue to prepare students to be successful in the workplace and become active and engaged members in their communities," IU President Michael A. McRobbie said. "We are deeply grateful for this outstanding gift to our bicentennial fundraising campaign, which is expanding educational access and creating opportunities for the next generation of community leaders."

At the Kelley School of Business, a new fellowship program will support a growing number of undergraduate students whose interests in business have close ties to community service or social entrepreneurship.