Eli Lilly (industrialist)
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| Eli Lilly Jr. | |
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| Born | April 1, 1885 Indianapolis, Indiana |
| Died | January 24, 1977 |
| Residence | Indianapolis, Indiana |
| Nationality | American |
| Ethnicity | Swedish |
| Citizenship | American |
| Occupation | Industrialist |
| Known for | Pharmaceuticals Philanthropy |
| Title | President of Eli Lilly & co. |
| Term | 1932-1948 |
| Predecessor | Josiah K. Lilly Sr. |
| Successor | Josiah K. Lilly Jr. |
| Political party | Republican |
| Board member of | Lilly Endowment |
| Religious beliefs | Methodist |
Eli Lilly (April 1, 1885 – January 24, 1977) was a pharmaceutical industrialist and philanthropist from Indiana, United States.
[edit] Business
Born in Indianapolis, Indiana, Eli Lilly was President of Eli Lilly and Company. He was named for his grandfather, Colonel Eli Lilly, who founded the family business. After graduating from the Philadelphia College of Pharmacy in 1907, Lilly joined the family pharmaceutical business. He was president of the company from 1932 to 1947. Following that he was chairman of the board. He showed great management skill and concern for the welfare of his employees.
Lilly was also known for his philanthropic activities and a founder of the Indianapolis-based Lilly Endowment Inc. along with his father J.K. Lilly Sr. and his brother J.K. Lilly Jr., which has become one of the largest private foundations in the United States.
[edit] Interests
Lilly was interested in history and archaeology and founded the Historic Landmarks Foundation of Indiana to aid in the preservation of structures significant to the historical and cultural development of Indiana. Lilly and his family established the Lilly Endowment in 1937. He was on the board of trustees of the Indiana Historical Society, served as its president and later created a substantial endowment, making the IHS one of the wealthiest organizations of its kind in the United States. His gift in 1964 of the William Conner home in Hamilton County, Indiana to Earlham College was the genesis of the Conner Prairie living history museum. Lilly was known for his deep affection for his home state.
Lilly owned three side-by-side large residences on Lake Wawasee just north of Our Lady Of The Lake Seminary. He also assisted with the founding of the Wawassee Yacht Club.
[edit] Sources
- Indiana Historical Society
- Lilly, Eli. Early Wawasee Days. Indianapolis: Studio Press Inc., 1960.
- Madison, James H. Eli Lilly: A Life, 1885-1977. Indianapolis: Indiana Historical Society., 1989 ISBN 0871950472.
| Preceded by Josiah K. Lilly Sr. |
President of the Eli Lilly and Company 1932-1948 |
Succeeded by Josiah K. Lilly Jr. |
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