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ISU receives $20 million
grant from Lilly Endowment 

Largest gift in school's history supports financial services outreach initiatives

Indiana State University has received a $20 million grant from Lilly Endowment Inc., the largest gift in the university’s history.  [Radio segment]

The four-year grant gives ISU the resources to create NetWorks — an outreach of the ISU School of Business to provide new directions in financial services for Indiana, the nation and the world. 

NetWorks’ headquarters will be in Indianapolis, with satellite offices in Terre Haute on the ISU campus, Washington, D.C., and a yet-to-be-determined international location.

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Letters of support:
(PDF -- FREE Acrobat Reader)

Richard Lugar
United States Senator

Donald F. Gongaware
Former Chief Operations Officer and Executive Vice President of Conseco, and contributor of a $5 million gift to ISU in 1998 for the Don & Patricia Gongaware Center for Insurance and Risk Management Development.

H. Peter Hudson
Retired Chairperson and Chief Executive Officer of Monroe Guaranty Insurance Company, Carmel, Ind., and an honorary life member of the ISU Foundation Board of Directors

Larry Boulet
Partner, PriceWaterhouseCoopers,
and vice chair of the ISU Foundation Board of Directors

Charles Richardson
Baker & Daniels
Washington, DC

School of Business Dean's Office
Letter from David Hopkins, interim dean at the time of the proposal submission; Dale Varble, interim associate dean; and Sandra Nelson, assistant dean, ISU School of Business.

Steven Pahl
Executive Director of The Gongaware Center at Indiana State University

Bruce McLaren
Chairperson and Professor of Management Information Systems (MIS) -- Organizational Department, ISU School of Business


The below audio and video clips require the use of RealPlayer (Windows / Mac)

Click on photo to go to a high-quality version.  Corporate logos below

Lloyd W. Benajamin

Lloyd W. Benjamin
10th President
Indiana State University

Mike Alley

Mike Alley
Member, ISU Board of Trustees;
president, owner of Patriot Investments; retired president and CEO of Fifth Third Bank
of Indiana

Ron Green

Ron Green
ISU School of Business

Pete Hudson

H. Peter Hudson
Retired Chair, CEO
Monroe Guaranty Insurance Co.
Life member, ISU Foundation Board of Directors

Don Gongaware

Don Gongaware
Former Chief Operating Officer and Executive Vice President of Conseco, Inc.

Bill Wilhelm

Bill Wilhelm
Assistant Professor, Administrative
Systems & Business Education,
ISU School of Business

Aurmaudra Bradley

Aurmaudra Bradley
ISU Junior
Accounting major, insurance minor from Indianapolis, Ind.

NetWorks Resources:

About NetWorks
NetWorks in Action
Frequently Asked Questions (FAQ)
NetWorks Leadership & Experts
Quotes about the project
Segment for WFIU (NPR radio)
Indianapolis News Conference
Indianapolis Luncheon
Photo Galleries:

Recent Headlines in the
School of Business

Print Quality Logos
(Click on the logo or the link below for a 300 dpi version of that image)
Department of Commerce office opens at ISU

Teachers from Thailand coming to ISU to study business practices

Students assess School of Business

Distance programs in business admin, insurance growing

Accreditation review approaches final phase

School boasts rich mixture of international faculty

Student business organizations more than resumé builders

Gongaware Scholars among ISU's finest

ISU alumna returns as development officer

Colleagues: Interim dean a great leader

Business faculty publish books, articles; earn awards, honors

Message from the dean

$500,000 bequest to fund scholarships for business students, athletes

ISU business students earn honors in New Orleans

Students develop database for facilities management

Ron Green named School of Business dean

Ammerman first recipient of Old National Bank Scholarship

Don and Patricia Gongaware donate $5 million to ISU

Other Stories

Lilly Endowment Inc.

The Lilly Endowment, Inc. Logo

The Lilly Endowment, Inc. website

Indiana State University

Indiana State University Logo

ISU website


Networks Logo


The Gongaware Center

The Association to Advance Collegiate Schools of Business

ISU's AACSB member profile

AACSB standards


Updated September 10, 2013
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