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James Whitcomb Riley Memorial Association

INDIANAPOLIS, IN EIN: 35-0868147 Website

RILEY CHILDREN'S ENDOWMENT RAISES FUNDS TO SUSTAIN AND ADVANCE THE LIFE-SAVING AND LIFE-CHANGING CARE PROVIDED BY RILEY HOSPITAL FOR CHILDREN, TO SPUR RESEARCH DISCOVERIES THAT WILL LEAD TO NEW TREATMENTS AND CURES FOR DEVASTATING CHILDHOOD ILLNESSES AND INJURIES, AND TO PERPETUATE THE MEMORY OF OUR NAMESAKE, BELOVED HOOSIER POET JAMES WHITCOMB RILEY.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$558.2M

+10.2% YoY

Annual Giving

$48.7M

+18.7% YoY

Grant Count

4

-20.0% YoY

Avg Grant Size

$12.2M

+48.3% YoY

About James Whitcomb Riley Memorial Association

Based on IRS filings

James Whitcomb Riley Memorial Association is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in INDIANAPOLIS, IN. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $558.2M in total assets. In 2025, it awarded 4 grants totaling $48.7M. Net investment income was $23.2M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

BloomingtonColumbusEvansvilleFort WayneIndianapolisSouth BendWarsawWest Lafayette

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20M$41M$61M$81M202020212022202320242025
Metric202520242023
Total Assets$558,205,733$506,758,930$459,217,404
Revenue$72,810,348$73,770,218$48,169,497
Expenses$65,891,897$57,522,269$48,724,140
Qualifying Distributions
Net Investment Income$23,158,661$18,664,886$9,812,713
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$12M$24M$36M$49M12 grants20204 grants20214 grants20225 grants20235 grants20244 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2025

Indiana University$31.8MIndiana University Health$14.5MPurdue University$1.3MIU Foundation Bradford W…$1.1M

Grant Size Distribution

22 grants across all recorded years

1<$50K2$50–100K3$100–250K$250–500K4$500K–1M2$1–5M10$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

Elizabeth A ElkasPresident and CEO (End 12/20…$584KMeghan MillerChief Operating Officer$281KKaren SpataroChief Campaign Strategy & Co…$256KCara LathropVP, Community Giving$214KBilly Jo CripeVP, Finance$189KBill HaleVP, People$179KMeghan FreemanAVP, Marketing and Communica…$140KAlane HelmerVP, Corporate and Foundation$139K

From 2025 filing

NameTitleHoursCompensation
Gabriel AlejandroTreasurer (Eff 11/2024)2.5
Leah Corinne Martinson MDChairman (Eff 11/2024)2.5
Otto N Frenzel IVVice Chair & Secretary (Eff 11/2024)2.5
Alan L SchwartzBoard Member1
Alonzo WeemsBoard Member1
Amy BalciusBoard Member1
C Perry Griffith JrBoard Member1
Casey CrouseBoard Member1
Christine RicksBoard Member (Begin 11/2024)1
Dan HannBoard Member1
Dennis M MurphyBoard Member1
Faraz AbbasiBoard Member1
Georgette SmithBoard Member1
J Murray ClarkChairman (End 11/2024)2.5
Jana HagemanBoard Member1
Janet HolcombBoard Member1
Jay HessBoard Member1
Jerome Henry JrBoard Member1
John AckermanBoard Member1
John Dillon IIIBoard Member (End 6/30/2025)1
Jon OwensBoard Member1
Joseph SmithBoard Member (Begin 11/2024)1
Joyce RogersBoard Member1
Julie EskenaziBoard Member1
Kristian StricklenBoard Member1
Kristin PruittBoard Member (Begin 11/2024)1
Laurie Burns McRobbieBoard Member1
Marisol SanchezBoard Member1
Mark SmithBoard Member1
Marta BirgeBoard Member1
Mary BoelkeBoard Member1
Michael L SmithBoard Member (End 11/2024)2.5
Pamela WhittenBoard Member1
Rachel LechleiterBoard Member (Begin 11/2024)1
Regina CrossBoard Member1
Rev Edward A MalloyBoard Member (End 11/2024)1
Robert G JonesBoard Member1
Steve DawsonBoard Member1
Elizabeth A ElkasPresident and CEO (End 12/2024)40$583,753
Karen SpataroChief Campaign Strategy & Communications Officer40$256,287
Meghan MillerChief Operating Officer40$280,977
Alane HelmerVP, Corporate and Foundation40$138,637
Bill HaleVP, People40$179,363
Billy Jo CripeVP, Finance40$189,150
Cara LathropVP, Community Giving40$213,609
Meghan FreemanAVP, Marketing and Communications40$139,837

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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