Bloomingpedia:This week's featured article/2006 Week 25
Showalter Fountain is the centerpiece of the Fine Arts Square; around which reside the Auditorium, the School of Fine Arts and the Lilly Library. Funded by Grace Montgomery Showalter, the sculpture of the goddess Venus being born from a clam shell was designed by former IU faculty member Robert Laurent. Wikipedia article discussing the origin of Venus and the symbology of the clamshell.
The ledge surrounding the fountain is a favorite spot for students to sit, read and wait for their next class.