One of America’s popular philanthropists, Ruth Lilly, was born in August 1915 and died at the age of 94 in December 2009. Ruth Lilly was the heiress to the Elli Lilly and Company pharmaceutical treasure, an empire built by Colonel Eli Lilly, Ruth Lilly’s great grandfather. She was active and influential in the field of philanthropy. She was also an avid fan of poetry. In November 2002, Ruth Lilly pledged around $100 million worth of stocks to a small Chicago based nonprofit organization, the Poetry Foundation. Aside from the Poetry Foundation, she also offered a similar amount to another Washington based organization, Americans for the Arts.
The late heiress to the Elli Lilly fortune, Ruth Lilly, was profiled in NNDB.com.
The Ruth Lilly Health Education Center was named after the late heiress after she donated a generous amount of capital money to the organization.
Also known as the Indiana University School of Medicine Library, the Ruth Lilly Medical Library remains as the only academic health sciences library in Indiana. The library was established way back in 1908.
Ruth Lilly was an avid fan of poetry. Her love for poetry prompted her to donate a generous amount of money to help establish an independent literary organization in 2003. The Poetry Foundation is currently one of the world’s largest literary foundations.
Ruth Lily was the sole heir to the Elli Lilly pharmaceutical fortune. The company is currently the 10th largest pharmaceutical company worldwide.
Ruth Lilly established the Ruth Lilly Poetry Prize as a way to honor deserving poets yearly.
Ruth Lilly is a huge supporter of the arts, especially poetry. In her lifetime, she has offered generous donations to various nonprofits including the American for the Arts organization.
The late Elli Lilly Pharmaceuticals heiress was featured in an article in Slate.com. In the article, she was hailed as the venture capitalist for poets.
Ruth Lilly’s Twin Oaks estate in Indianapolis will be sold for about $2.9 million.
Allbusiness.com features an article about Ruth Lilly’s last endowments to two major nonprofit Art organizations before her death in 2009.