The Center on Philanthropy at Indiana University received an endowment it says will strengthen its infrastructure and allow it to experiment with new ideas and innovative programs.
The Wilbur and Hilda Glenn Family Foundation announced plans to create the $1.5 million Glenn Family Innovation Fund, which will provide seed money for new projects. Matching grants are forthcoming from the Lilly Endowment and the W.K. Kellogg Foundation.
A news release from the center says the fund will allow it to stay on the cutting edge of philanthropy, especially in educating the nonprofit community.
Thomas K. Glenn II, president of the Glenn Family Foundation, is a member of the board of visitors for the Center on Philanthropy and previously worked with the center on such initiatives as “The History and Economics of Philanthropy,” a for-credit course for high school seniors.