The Center on Philanthropy at Indiana University received a $40 million pledge from the Lilly Endowment to help underwrite a portion of its future operating expenses.
The gift is the largest received by the Center since 1987, when it was founded, in part through funding from the Lilly Endowment.
The Center’s research, teaching and training programs are designed to help nonprofits reach goals ethically and efficiently.
And its work is integral to the changing needs of nonprofits around the world, Lilly Endowment President Clay Robins says in a news release.
The Center supports one of the largest concentrations of graduate students in the U.S. studying philanthropy and nonprofit management, and is home to a Ph.D. program in philanthropic studies, the first of its kind.