In 1876 an American Civil War veteran named Eli Lilly founded a pharmaceutical company. He did pretty well for himself: you can thank Eli Lilly & Co. for, among other things, methadone, Cialis and Prozac. But Lilly's reclusive great-granddaughter Ruth is apparently more interested in poems than in Prozac. In 2001, when she decided to give away part of her fortune in charitable donations, she singled out a venerable but impoverished little literary magazine called Poetry. Her gift came to around $200 million.
Money and poetry rarely have much to do with each other, especially in such a stunningly large quantity....