Eli Lilly (industrialist)

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Eli Lilly

Eli Lilly (1885-1977) was a pharmaceutical industrialist from Indiana, United States.

[edit] Business

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 college, Lilly joined the family pharmaceutical business. He was president of the company from 1932 to 1948. 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 and served as president. 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.