Eli Lilly and Company Foundation

Eli Lilly and Company Foundation, organized in 1968, is a nonprofit corporation made possible by the profits of Eli Lilly and Company. It is the major source of the company's support for nonprofit organizations.

Eli Lilly and Company's goal is to make annual charitable contributions based on a percentage of average consolidated income before taxes over the past three years. The formula is designed to annually place Lilly among the top 10 most generous companies in the world.