Eli Lilly (industrialist, born 1885)

Eli Lilly
Lilly, the third president of Eli Lilly and Company
Born
Eli Lilly

April 1, 1885
Indianapolis, Indiana, U.S.
DiedJanuary 24, 1977(1977-01-24) (aged 91)
Indianapolis, Indiana, U.S.
Resting placeCrown Hill Cemetery (Indianapolis, Indiana, U.S.)
EducationPhiladelphia College of Pharmacy and Science
OccupationIndustrialist
Known forPharmaceuticals
Philanthropy
TitlePresident of Eli Lilly and Company
Term19321948
PredecessorJosiah K. Lilly Sr.
SuccessorJosiah K. Lilly Jr.
Political partyRepublican
Board member ofLilly Endowment
Indiana Landmarks
Indiana Historical Society
Spouse(s)
Evelyn Fortune
(m. 1907; div. 1926)

Ruth Helen Allison
(m. 1927; died 1973)
ChildrenEvelyn (Evie); two sons, both named Eli, who died in infancy
Parent(s)Josiah K. Lilly Sr. and Lilly Ridgely Lilly
RelativesEli Lilly (grandfather)
Josiah K. Lilly Sr. (father)
Josiah K. Lilly Jr. (brother)

Eli Lilly (April 1, 1885 – January 24, 1977), sometimes referred to as Eli Lilly Jr. to distinguish him from his grandfather of the same name, was an American pharmaceutical industrialist and philanthropist from Indianapolis, Indiana. During his tenure as head of Eli Lilly and Company, which was founded by his grandfather, the company grew from a successful, family-owned business into a modern corporation and industry leader. Lilly served as the company president (19321948), chairman of the board of directors (19481961 and 19661969), and honorary chairman of the board (19611966 and 19691977).

Throughout his life, Lilly took a personal interest in the history of Indiana and his hometown of Indianapolis. A man of significant personal wealth, whose philanthropic contributions were often given anonymously, Lilly was also modest, quiet, and unassuming. He made substantial gifts and actively supported the work of individuals and groups who shared his passions for archaeology, state and local history, art, religion, education, and civic improvement.

In addition to his personal philanthropy, Lilly, with his father, Josiah K. Lilly Sr., and brother, Josiah K. Lilly Jr., established the Lilly Endowment, a philanthropic foundation that continues to operate. Lilly also wrote, edited, and contributed to published works related to the prehistory of Indiana, Christ Church Cathedral in Indianapolis, the Lenape's chronicle Walum Olum, Indiana's Lake Wawasee, and archaeologist Heinrich Schliemann. A politically conservative Republican and a lifelong member of the Episcopal church, Lilly's traditional values concerning family, home, and community service guided his work in the pharmaceutical industry and in civic life.