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Earlham update

Local News - Palladium-Item - www.pal-item.com

An Indiana Court of Appeals panel on Tuesday granted Earlham College’s request to review a Hamilton County court ruling on whether three major stock gifts to Earlham are restricted endowments or trusts under state law.

The three gifts were made by Eli Lilly and created the living history museum of Conner Prairie. An endowment created by the gifts and shared today by the museum and college is valued at about $174 million.

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