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Lilly Endowment Funding Growth in 2017 - 2018

After a tough 2016 in which its assets shrank by nearly 13 percent, the Lilly Endowment bounced back in 2017.

According to its latest annual report, the Indianapolis-based philanthropic giant saw its assets rise from $10.3 billion on Dec. 31, 2016, to $11.7 billion on Dec. 31, 2017—an increase of 13.6 percent.

The gain largely can be attributed to the rise in the stock price of Eli Lilly and Co., whose shares make up the vast majority of the endowment’s assets. Lilly’s share price rose about 13.2 percent in 2017.

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