December 13, 2021 | News
Community Foundation of Boone County Announces 2022 Lilly Endowment Community Scholarship Program Recipients
The Community Foundation of Boone County is pleased to announce the recipients of the 2022 Lilly Endowment Community Scholarship for Boone County- Riley Newman of Lebanon High School and Teren Dubash of Zionsville Community High School. Lilly Endowment Community Scholars are known for their community involvement, academic achievement, character and leadership.
“Our team is thrilled to see Riley and Teren named the 2022 Lilly Endowment Community Scholarship recipients. We continue to be amazed by the caliber of applicants every year- and this year was no exception. Boone County is fortunate to have youth who are intently focused on helping others and making their local communities a better place to live, all while achieving their personal goals.”- Jodi Gietl, President & CEO for the Community Foundation of Boone County
Each Lilly Endowment Community Scholarship provides for full tuition, required fees, and a special allocation of up to $900 per year for required books and equipment for four years of undergraduate study on a full-time basis leading to a baccalaureate degree at any eligible Indiana public or private nonprofit college or university. Lilly Endowment Community Scholars may also participate in the Lilly Scholars Network (LSN), which connects scholars with resources and opportunities to be active leaders on their campuses and in their communities. Both the scholarship program and LSN are supported by grants from Lilly Endowment to Independent Colleges of Indiana (ICI).
RILEY NEWMAN – LEBANON HIGH SCHOOL
Riley is dedicated to community leadership and helping the local communities. He demonstrates his commitment through involvement in numerous school and community activities, including being the Class President, becoming an Eagle Scout, and being team captain for the soccer team. He fundraises, volunteers, and serves in a number of capacities at St. Joseph’s Catholic Church and their food pantry. Riley demonstrates his connections to Boone County and Indiana through his passions and involvement across the board. He currently has an internship with the Engineering Department with the City of Lebanon and plans to further pursue that passion with a career in Civil Engineering.
TEReN DUBASH – ZIONSVILLE COMMUNITY HIGH SCHOOL
Teren demonstrates his commitment to Indiana through a variety of experiences and involvements. He serves on the Teen Board of the Caroline Symmes Cancer Endowment and works at Mathnasium, which ties into his college and career goals of pursuing Business, Finance, Mathematics, &/or Economics. Teren shared with the CFBC interview committee how his work ethic, strength, and value of education all tie back to his grandparents immigrating to America more than 50 years ago. “I cannot wait to tell my grandparents I received this scholarship!”, shared Teren. He genuinely and passionately understands endowments and how fundraising plays an important role in helping others.
This year, 44 submitted applications were reviewed for the Boone County Lilly Endowment Community Scholarship Program. Eight finalists took part in an interview process. Top finalists were submitted to Independent Colleges of Indiana, Inc. (ICI) which selects the final recipients. The scholarship recipients are nominated by a committee of county-wide volunteers who evaluate each student’s community involvement, volunteerism, academic performance, work experience, extracurricular activities and awards, and honors. Since the inception of the program in 1998, Community Foundation of Boone County has awarded this scholarship opportunity to 53 Boone County residents consisting of 16 Western Boone seniors, 16 Zionsville Community High School seniors, 15 Lebanon High School seniors, 4 Sheridan High School seniors, 1 Covenant Christian senior, and 1 Indiana Connections Academy senior.
“Once again, we are blessed to have a wonderful group of local community volunteers who pour into this process and work together through the application process. We are truly grateful to everyone who makes this possible year after year. And to Lilly Endowment and Independent Colleges of Indiana- thank you for your continued support of higher education in Indiana!”- Jodi Gietl, President & CEO for the Community Foundation of Boone County
Lilly Endowment created the Lilly Endowment Community Scholarship Program for the 1998-1999 school year and has supported the program every year since with tuition grants totaling in excess of $439 million. More than 5,000 Indiana students have received the Lilly Endowment Community Scholarship since the program’s inception. The primary purposes of the Lilly Endowment Community Scholarship Program are: 1) to help raise the level of educational attainment in Indiana; 2) to increase awareness of the beneficial roles Indiana community foundations can play in their communities; and 3) to encourage and support the efforts of current and past Lilly Endowment Community Scholars to engage with each other and with Indiana business, governmental, educational, nonprofit and civic leaders to improve the quality of life in Indiana generally and in local communities throughout the state.
Since 1991, the Community Foundation of Boone County has granted over $27 million from its various funds to nonprofit organizations and programs working to solve critical challenges in Boone County. Through the generosity of donors, the Community Foundation currently holds over $28 million in net assets. In the past 30 years, we have worked with donors to create permanent funds for charitable giving. The establishment and growth of permanent endowment funds will strengthen Boone County for generations to come.
Lilly Endowment Inc. is an Indianapolis-based private philanthropic foundation created in 1937 by J.K. Lilly Sr. and his sons Eli and J.K. Jr. through gifts of stock in their pharmaceutical business, Eli Lilly and Company. Although the gifts of stock remain a financial bedrock of the Endowment, it is a separate entity from the company, with a distinct governing board, staff and location. In keeping with the founders’ wishes, the Endowment supports the causes of community development, education and religion. The Endowment funds significant programs throughout the United States, especially in the field of religion. However, it maintains a special commitment to its founders’ hometown, Indianapolis, and home state, Indiana.
Since 1997, Independent Colleges of Indiana has administered the Lilly Endowment Community Scholarship Program statewide with funding provided by Lilly Endowment. Founded in 1948, ICI serves as the collective voice for the state’s 29 private, nonprofit colleges and universities. ICI institutions employ over 22,000 Hoosiers and generate a total local economic impact of over $5 billion annually. Students at ICI colleges have Indiana’s highest four-year, on-time graduation rates, and ICI institutions produce 30 percent of Indiana’s bachelor’s degrees while enrolling 20 percent of its undergraduates.