Lilly Endowment Giving Indiana Funds for Tomorrow
The Portland Foundation has successfully completed the Lilly Endowment Giving Indiana Funds for Tomorrow (GIFT) VII Initiative challenge match to increase it’s unrestricted endowment. The Foundation eclipsed the $250,000 goal by receiving $254,428 in gifts to twenty six different unrestricted endowment funds. Fifteen of the twenty six endowments are new due to the challenge match. Lilly Endowment Inc. will match the $250,000 raised with another $500,000.