Lilly Endowment Inc. Reduces Stake in Eli Lilly and Co.

credit: Pinterest

Warren Buffett's Berkshire Hathaway has a big stake in Eli Lilly and Co.

(NYSE: LLY), and it's about to shrink.

The company said in a regulatory filing that Buffett's company, Berkshire Hathaway Inc., reduced its stake in the company by 2.2 million shares, or 0.4%, on Sept.

30, reports the Wall Street Journal.

The shares were sold at a price of $555.32 each, leaving Buffett's Berkshire Hathaway Inc.

with a stake of about 10.66% of the company, down from 117.49% at the end of the second quarter.

Read the Entire Article

A customized collection of grant news from foundations and the federal government from around the Web.

How's Your Community Doing?
Check Out it's
Community Vital Signs

First Financial Bank, First Financial Foundation Provide Grants to Blue North, Brighton Center in Nky

The First Financial Foundation has announced its largest-ever grant campaign, with $510,000 going to 66 community organizations in Ohio, Indiana, Kentucky, and Illinois. "Our work to help...more

Draper Start-Up House Unveils Its Largest Global Co-Living Co-Working Space

"This monumental endeavour signifies a new era in collaborative living and working for entrepreneurs, start-ups, and digital nomads worldwide." That's what Draper Start-up House, an...more

Draper Start-Up House Unveils Largest Global Co-Living Co-Working Space in Hyderabad

"This monumental endeavour signifies a new era in collaborative living and working for entrepreneurs, start-ups, and digital nomads worldwide." So says the website for Draper Start-up House, an...more

Arts

If you're looking for a summer job that will give you real-world experience, a new program out of Canada's Simon Fraser University could be just the job for you. It's called the Global Internship...more

Applications for Eagle Valley Community Foundation'S Grants to Empower Minority ...

The Eagle Valley Community Foundation is offering $5,000 grants to Latino, black, Indigenous, and people of color entrepreneurs in Eagle County, Colo., to help them start or expand their businesses,...more

Entrepreneurship Creates Jobs, Growth and Innovation

If you're in the market for a new job, Oxford Business College has some advice: Get a degree. The business school's managing director, Padmesh Gupta, writes in a blog post that "the real...more

Industry Expert Carrie Kelly Launches Full-Service Nonprofit, Association Management Firm

If you're in the business of economic development, you may want to check out this new gig offered by an Indiana native. Carrie Kelly, who led the Arizona Association for Economic Development for...more

How to Choose the Right Crm for Your Nonprofit

If you're in the market for a new fundraising tool, the Consumerist has just the thing for you: It's compiled a list of the best online fundraising tools out there. Some of the highlights: Best...more

Evers Launches $50 Million Non-State Grant Program

Wisconsin is putting its money where its mouth is. Gov. Tony Evers has announced the launch of a new Non-State Grant Program that will provide up to $50 million in grants to support community...more

Gov. Evers: Launches New $50 Million Non-State Grant Program Supporting Statewide ...

Wisconsin Gov. Tony Evers is putting his money where his mouth is. The Democrat announced last week that he's putting $36.6 million from the state's American Rescue Plan Act Act toward five...more