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Endowment / Foundation

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Clowes Fund

The Clowes Fund was created in 1952 by George Henry Alexander Clowes Sr. and Edith Whitehill Clowes. George Henry Alexander Clowes Sr. built his career as...

Overview

The Clowes Fund was created in 1952 by George Henry Alexander Clowes Sr. and Edith Whitehill Clowes. George Henry Alexander Clowes Sr. built his career as Director of Research at Eli Lilly. The foundation continues under family board leadership including Jonathan Clowes as President. Grant activity centers on three program areas: arts, education, and social services. Capital is deployed through direct awards to organizations rather than fund commitments. Geographic focus remains concentrated in the United States with emphasis on Indiana and Massachusetts. The foundation maintains two residential properties and has transferred the Clowes Collection to the Indianapolis Museum of Art at Newfields. Megan Briggs Reilly serves as Executive Director. No operational events from the last 24 months appear in available records. Family governance remains the central structural feature. Board positions are held by descendants and the Executive Director reports to that board. This arrangement separates grant decisions from external investment vehicles.

General information

Firm type

Endowment / Foundation

Year founded

1952

Location

Region

North America

Country

United States

City

Indianapolis

Corporate office

Indianapolis, IN, United States

Principals

George Henry Alexander Clowes Sr.

Founder

Edith Whitehill Clowes

Co-founder

Allen Whitehill Clowes

Former President and Treasurer

Jonathan Clowes

President of the Board

Megan Briggs Reilly

Executive Director

Sector focus

ArtsEducationSocial Services

Frequently asked questions

Who runs investment decisions at Clowes Fund?

The board led by President Jonathan Clowes sets grant priorities. Executive Director Megan Briggs Reilly manages day-to-day operations and award execution.

Does Clowes Fund participate in fund commitments or only direct deals?

The foundation makes direct grants to organizations in its three program areas.

What investment stages does Clowes Fund typically target?

The foundation does not target investment stages. It awards operating and project grants to nonprofits.

How is Clowes Fund related to the Indianapolis Museum of Art at Newfields?

The foundation transferred the Clowes Collection to the museum and maintains a long-term partnership.

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