James Whitcomb Riley Memorial Association

Organization Overview

James Whitcomb Riley Memorial Association, operating under the name Riley Children's Endowment, is located in Indianapolis, IN. The organization was established in 1943. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2022, Riley Children's Endowment employed 71 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Riley Children's Endowment is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Riley Children's Endowment generated $68.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $45.9m during the year ending 06/2022. While expenses have increased by 2.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Riley Children's Endowment has awarded 46 individual grants totaling $209,251,604. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

JAMES WHITCOMB RILEY MEMORIAL ASSOCIATION'S VISION IS TO ENSURE CHILDREN HAVE ACCESS TO EXCEPTIONAL HEALTHCARE BY FUNDING PEDIATRIC RESEARCH, EDUCATION, AND CARE.

Describe the Organization's Program Activity:

RILEY HOSPITAL: SUPPORT FOR RILEY HOSPITAL FOR CHILDREN. FUNDS ARE USED FOR PATIENT CARE, RESEARCH, EDUCATION, AND EQUIPMENT.


CAMP RILEY: THE CAMP FEATURES PROGRAMS AND FACILITIES DESIGNED FOR PHYSICALLY DISABLED YOUTH. THE PROGRAMS PROVIDE EXPERIENCES AND OPPORTUNITIES NOT READILY AVAILABLE TO THE DISABLED.


RILEY MUSEUM HOME: THE HOME IS A NATIONAL HISTORIC LANDMARK WHICH IS OPEN TO THE PUBLIC. BY TOURING THE HOME VISITORS MAY OBSERVE ONE OF THE FINEST VICTORIAN PRESERVATIONS IN THE UNITED STATES.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Cornerstone Partners Llc
Invest Consulting
$1,076,014
Northern Trust
Invest Admin
$190,612
Three Sixty Group
Advertising/promo
$418,287
Leap Managed It
It Services
$253,046
Community Counseling Service Co Ll
Fundraising Consult
$140,000
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$47,573,271
Noncash contributions included in lines 1a–1f $4,873,327
Total Revenue from Contributions, Gifts, Grants & Similar$47,573,271
Total Program Service Revenue$29,302
Investment income $562,796
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $20,350,613
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $27,216
Miscellaneous Revenue$0
Total Revenue $68,543,198

Grants Awarded

Over the last fiscal year, James Whitcomb Riley Memorial Association has awarded $29,628,511 in support to 4 organizations.

Grant RecipientAmount

INDIANA UNIVERSITY

PURPOSE: HOSPITAL & RESEARCH

$18,287,870

INDIANA UNIVERSITY HEALTH

Org PageRecipient Profile

Indianapolis, IN

PURPOSE: HOSPITAL PROJECTS

$10,646,121

INDIANA UNIVERSITY FOUNDATION

Org PageRecipient Profile

Bloomington, IN

PURPOSE: PROFESSORSHIP

$524,791

INDIANA UNIVERSITY HEALTH PHYSICIANS

Org PageRecipient Profile

Indianapolis, IN

PURPOSE: HOSPITAL PROJECTS

$169,729
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that James Whitcomb Riley Memorial Association has recieved totaling $2,100.

Awarding OrganizationAmount
Tlgc Foundation

Wilmington, DE

PURPOSE: GENERAL & UNRESTRICTED

$2,000
Gannett Foundations Inc

Mclean, VA

PURPOSE: CHARITABLE PURPOSE

$100
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$206,340,118
Earnings-$21,775,328
Admin Expense$421,382
Net Contributions$2,945,214
Grants$8,448,337
Ending Balance$178,640,285

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