2025-12-29T08:17:16+00:00 2025-06-30 440160260 Forvis Mazars LLP 820 Massachusetts Ave Suite 1370 Indianapolis IN 46204 990 2024-07-01 350868147 James Whitcomb Riley Memorial Association JAME 3176344474 500 N Meridian St Ste 100 Indianapolis IN 46204 Billy Jo Cripe VP, Finance 3176344474 2026-01-14 true Nicole Fishback P01279475 3173834000 2025-12-15 2024 2025-03-06 01:10:19Z Riley Children's Endowment COURTNEY ROBERTS 500 N Meridian St Ste 100 Indianapolis IN 46204 186685797 false X www.rileykids.org X 1921 IN THE ENDOWMENT'S VISION IS TO ENSURE ALL CHILDREN HAVE EQUITABLE ACCESS TO EXCEPTIONAL HEALTHCARE SO THEY MAY REACH THEIR OPTIMAL HEALTH AND QUALITY OF LIFE. 35 35 83 100 1094798 1179301 55354550 50066173 37108 32942 18664886 23158661 -286326 -447428 73770218 72810348 42226695 49286268 0 0 8534703 8987318 467383 457117 10706239 6293488 7161194 57522269 65891897 16247949 6918451 506758930 558205733 37628262 44535198 469130668 513670535 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. false false 47953315 47953315 21710 RILEY CHILDREN'S HEALTH: FUNDS ARE USED FOR PATIENT CARE, RESEARCH, EDUCATION, AND EQUIPMENT AT RILEY HOSPITAL FOR CHILDREN. 1332953 1332953 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. 417505 32942 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. 49703773 true true false false false false false true false true true true false true true false false true false false true false false true true false false true true true false false false false false false false false false false true false false false true true false false false false true 53 0 true 83 true true true false false false false true true true 3 false false false false false false X 35 35 true false true false false true false true true false false false true true true true true true true true false false IN X X Riley Children's Endowment 3176344474 500 N Meridian St Ste 100 Indianapolis IN 46204 Gabriel Alejandro Treasurer (Eff 11/2024) 2.5 0.0 X X 0 0 0 Leah Corinne Martinson MD Chairman (Eff 11/2024) 2.5 0.0 X X 0 0 0 Otto N Frenzel IV Vice Chair & Secretary (Eff 11/2024) 2.5 0.0 X X 0 0 0 Alan L Schwartz Board Member 1.0 0.0 X 0 0 0 Alonzo Weems Board Member 1.0 0.0 X 0 0 0 Amy Balcius Board Member 1.0 0.0 X 0 0 0 C Perry Griffith Jr Board Member 1.0 0.0 X 0 0 0 Casey Crouse Board Member 1.0 0.0 X 0 0 0 Christine Ricks Board Member (Begin 11/2024) 1.0 0.0 X 0 0 0 Dan Hann Board Member 1.0 0.0 X 0 0 0 Dennis M Murphy Board Member 1.0 0.0 X 0 0 0 Faraz Abbasi Board Member 1.0 0.0 X 0 0 0 Georgette Smith Board Member 1.0 0.0 X 0 0 0 J Murray Clark Chairman (End 11/2024) 2.5 0.0 X 0 0 0 Jana Hageman Board Member 1.0 0.0 X 0 0 0 Janet Holcomb Board Member 1.0 0.0 X 0 0 0 Jay Hess Board Member 1.0 0.0 X 0 0 0 Jerome Henry Jr Board Member 1.0 0.0 X 0 0 0 John Ackerman Board Member 1.0 0.0 X 0 0 0 John Dillon III Board Member (End 6/30/2025) 1.0 0.0 X 0 0 0 Jon Owens Board Member 1.0 0.0 X 0 0 0 Joseph Smith Board Member (Begin 11/2024) 1.0 0.0 X 0 0 0 Joyce Rogers Board Member 1.0 0.0 X 0 0 0 Julie Eskenazi Board Member 1.0 0.0 X 0 0 0 Kristian Stricklen Board Member 1.0 0.0 X 0 0 0 Kristin Pruitt Board Member (Begin 11/2024) 1.0 0.0 X 0 0 0 Laurie Burns McRobbie Board Member 1.0 0.0 X 0 0 0 Marisol Sanchez Board Member 1.0 0.0 X 0 0 0 Mark Smith Board Member 1.0 0.0 X 0 0 0 Marta Birge Board Member 1.0 0.0 X 0 0 0 Mary Boelke Board Member 1.0 0.0 X 0 0 0 Michael L Smith Board Member (End 11/2024) 2.5 0.0 X 0 0 0 Pamela Whitten Board Member 1.0 0.0 X 0 0 0 Rachel Lechleiter Board Member (Begin 11/2024) 1.0 0.0 X 0 0 0 Regina Cross Board Member 1.0 0.0 X 0 0 0 Rev Edward A Malloy Board Member (End 11/2024) 1.0 0.0 X 0 0 0 Robert G Jones Board Member 1.0 0.0 X 0 0 0 Steve Dawson Board Member 1.0 0.0 X 0 0 0 Elizabeth A Elkas President and CEO (End 12/2024) 40.0 0.0 X 583753 0 39885 Karen Spataro Chief Campaign Strategy & Communications Officer 40.0 0.0 X 256287 0 34323 Meghan Miller Chief Operating Officer 40.0 0.0 X 280977 0 42750 Alane Helmer VP, Corporate and Foundation 40.0 0.0 X 138637 0 32318 Bill Hale VP, People 40.0 0.0 X 179363 0 24173 Billy Jo Cripe VP, Finance 40.0 0.0 X 189150 0 15075 Cara Lathrop VP, Community Giving 40.0 0.0 X 213609 0 15738 Meghan Freeman AVP, Marketing and Communications 40.0 0.0 X 139837 0 11188 1981613 0 215450 18 false true false CornerStone Partners LLC 675 Peter Jefferson Parkway Suite 400 Charlottesville VA 22911 Investment Consulting 993432 Three-Sixty Group Inc 212 W 10th Street Suite F-190 Indianapolis IN 46202 Advertising/Promotion 704796 DaVinci Direct Inc 36 Loring Blvd 339 Plymouth MA 02360 Direct Mail 457117 LEAP Managed IT 5752 West Kilgore Ave Muncie IN 47304 IT Services 210111 Isaacson Miller Inc PO Box 70799 Philadelphia PA 19176 Executive Search Services 162500 6 3144479 2032108 44889586 3813226 50066173 Riley Museum Home Admissions 900099 32942 32942 0 0 0 0 32942 1906089 1061329 844760 0 0 134479881 113227309 21252572 0 21252572 33469 21219103 144456 3144479 613594 -469138 -469138 56256 34546 21710 21710 0 0 0 0 0 72810348 54652 1094798 21594725 48889204 48889204 397064 397064 1366225 558442 807783 5873695 194629 887556 4791510 468771 10518 186409 271844 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Investment Pool 2500948 F 236020122 Riley Museum Home 43189 Beneficial Interest in Perpetual Trusts 34431188 Beneficial Interest in Charitable Lead Trust 8717895 ROU - Operating Lease 506948 43699220 Federal Income Taxes Annuities 1095610 Inv. Held on Behalf of IU 2500948 Operating Lease Liability 532869 4129427 110394776 37705666 258600 613594 38577860 71816916 993432 0 993432 72810348 65854909 258600 697844 956444 64898465 993432 0 993432 65891897 Schedule D, Part X ASC 740 DISCLOSURE: MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. Schedule D, Part III, Line 1a Collections of art - financial statement footnote THE ENDOWMENT HAS A COLLECTION OF BOOKS, PAINTINGS AND OTHER MEMORABILIA OF JAMES WHITCOMB RILEY. SOME OF THE COLLECTIONS ARE ON DISPLAY AT THE RILEY MUSEUM HOME. THE COLLECTIONS ARE NOT REFLECTED IN THE ACCOMPANYING FINANCIAL STATEMENTS BECAUSE THE ENDOWMENT DOES NOT CAPITALIZE COLLECTIONS. Schedule D, Part III, Line 4 Collections of art - description of collections THE COLLECTIONS OF BOOKS, PAINTINGS AND OTHER MEMORABILIA OF JAMES WHITCOMB RILEY FURTHER THE ORGANIZATION'S EXEMPT PURPOSE BY COMMEMORATING THE LIFE OF POET JAMES WHITCOMB RILEY. SOME OF THE COLLECTIONS ARE ON DISPLAY AT THE RILEY MUSEUM HOME. Schedule D, Part V, Line 4 Intended uses of endowment funds THE ENDOWMENT CONSISTS OF APPROXIMATELY 225 INDIVIDUAL FUNDS ESTABLISHED TO SUPPORT A VARIETY OF PURPOSES, INCLUDING CLINICAL CARE, PEDIATRIC RESEARCH, EDUCATION, CAMP RILEY, THE RILEY MUSEUM HOME AND THE OPERATIONS OF THE ENDOWMENT. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 FUNDRAISING EXPENSES - 613594 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 UNCOLLECTIBLE PLEDGES - 84250 FUNDRAISING EXPENSES - 613594 Central America and the Caribbean 0 0 Investments N/A 136580255 0 0 0 0 0 0 136580255 0 136580255 true false true true true false Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN-Accrual X X X X X X X true Davinci Direct 36 Cordage Park Circle Plymouth MA 02360 Direct Mail false 1355538 457117 898421 1355538 457117 898421 AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY Red for our Kids 2025 766796 670237 96559 194360 161739 7500 53303 IUDM and Gala 2522139 2474242 47897 56956 33747 42485 63504 0 3288935 3144479 144456 251316 195486 49985 116807 613594 -469138 true Indiana University 1130 W Michigan Street Indianapolis IN 46202 356001673 31783285 Hospital Programs Indiana University Health 340 West 10th Street Indianapolis IN 46206 351955872 14547402 Hospital Programs IU Foundation Bradford Woods 1500 N State Rd 46 Bypass Bloomington IN 47408 356018940 1080965 Camp Riley Purdue University 2550 Northwestern Ave Suite 1100 West Lafayette IN 47906 356002041 1250000 Nutritional Research 4 0 Medical Financial Assistance 506 397064 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds EXPENDITURES FOR GRANT FUNDS ARE MONITORED QUARTERLY AND COMPARED WITH THE GRANT AWARD CUMULATIVE AMOUNT BEFORE DISBURSEMENT OF FUNDS OCCURS. ACCOUNTABILITY REPORTS ARE SOLICITED FROM GRANTEES AND REVIEWED ON AN ANNUAL BASIS. X true true X X X X false true false false false false false true false Elizabeth A Elkas President and CEO (End 12/2024) 406107 0 51000 0 126646 0 23640 0 16245 0 623638 0 126565 0 Meghan Miller Chief Operating Officer 257535 0 23400 0 42 0 21851 0 20899 0 323727 0 0 0 Karen Spataro Chief Campaign Strategy & Communications Officer 230824 0 25400 0 63 0 13638 0 20685 0 290610 0 0 0 Cara Lathrop VP, Community Giving 199506 0 14040 0 63 0 14792 0 946 0 229347 0 0 0 Billy Jo Cripe VP, Finance 173847 0 15240 0 63 0 14129 0 946 0 204225 0 0 0 Bill Hale VP, People 164026 0 15240 0 97 0 13797 0 10376 0 203536 0 0 0 Alane Helmer VP, Corporate and Foundation 127480 0 11115 0 42 0 11480 0 20838 0 170955 0 0 0 Meghan Freeman AVP, Marketing and Communications 130289 0 9506 0 42 0 10524 0 664 0 151025 0 0 0 Schedule J, Part I, Line 1a Discretionary spending account DISCRETIONARY PAYMENTS: THE PRESIDENT AND CEO RECEIVES A $10,000 DISCRETIONARY SPENDING ALLOWANCE EACH FISCAL YEAR TO USE AT HER DISCRETION. THIS IS NOT INCLUDED IN TAXABLE INCOME IF IT IS USED FOR A REIMBURSABLE EXPENSE. Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan THE PRESIDENT AND CEO IS A PARTICIPANT IN A 457(F) PLAN. DURING CALENDAR YEAR 2024, THE PLAN VESTED AND THE BENEFITS WERE PAID TOTALING $126,565. NO CONTRIBUTIONS WERE MADE TO THE PLAN. Schedule J, Part I, Line 7 Non-fixed payments THE BONUSES INCLUDED IN PART II, COLUMN (II) ARE PERFORMANCE BASED BONUSES ACCRUED AT THE FISCAL YEAR END FOR ELIGIBLE EMPLOYEES, INCLUDING OFFICERS AND HIGHEST COMPENSATED EMPLOYEES. THESE BONUSES WERE APPROVED BY THE BOARD OF DIRECTORS. 47 3578021 Market value X Event tickets 4 184964 Market value X Supplies - Events and donor relations 11 50241 Cost 0 false true true Schedule M, Part I, Line 32b Third parties used to solicit, process, or sell noncash contributions Riley Children's Endowment used an auctioneer from Darin Lawson, LLC for the Red for Our Kids event and the IU Dance Marathon Gala. Schedule M, Part I Explanations of reporting method for number of contributions Other - Event tickets Number of contributions Other - Supplies - Events and donor relations Number of contributions Securities - Publicly traded - Number of contributions Form 990, Part VI, Line 2 Family/business relationships amongst interested persons Leah Corinne Martinson & Marta Birge - Business relationship, Otto Frenzel, IV & Perry Griffith - Business relationship Form 990, Part VI, Line 4 Significant changes to organizational documents The Endowment bylaws were updated to allow for a 51% majority vote to elect new Life Governors to align the policy with the election of active governors. Additionally, added language to allow Life Governors to vote in committee meetings. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body INDIANA UNIVERSITY HAS THE RIGHT TO APPOINT A MAJORITY OF THE ENDOWMENT'S BOARD MEMBERS. Form 990, Part VI, Line 11b Review of form 990 by governing body THE DRAFT OF FORM 990 IS REVIEWED IN DETAIL BY THE VICE PRESIDENT, FINANCE AND THE CHIEF OPERATING OFFICER AFTER BEING PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. THE DRAFT OF FORM 990 IS REVIEWED BY THE AUDIT COMMITTEE AND THE FINAL VERSION OF THE FORM 990 IS DISTRIBUTED TO THE FULL BOARD FOR REVIEW PRIOR TO FILING. Form 990, Part VI, Line 12c Conflict of interest policy THE BOARD ADMINISTRATOR ENSURES ALL BOARD MEMBERS SUBMIT A SIGNED CONFLICT OF INTEREST STATEMENT ANNUALLY. ALL REPORTED CONFLICTS ARE REVIEWED AND ANY CONCERNS ARE FOLLOWED UP ON. IF A BOARD MEMBER HAS A CONFLICT OF INTEREST THEY ABSTAIN FROM VOTING ON THAT ISSUE. Form 990, Part VI, Line 15a Process to establish compensation of top management official COMPENSATION FOR THE PRESIDENT AND KEY EMPLOYEES IS REVIEWED AND APPROVED ANNUALLY BY THE BOARD OF DIRECTORS. THE COMPENSATION COMMITTEE OF THE BOARD USES A BIENNIAL COMPENSATION AND BENEFITS SURVEY PROVIDED BY A HUMAN RESOURCE CONSULTING FIRM FOR COMPARABILITY DATA. IN NOVEMBER 2023 AN INDEPENDENT CONSULTANT PERFORMED THE REVIEW OF COMPENSATION AND BENEFITS. DECISIONS ON COMPENSATION AND BENEFITS ARE DOCUMENTED IN BOARD MINUTES AND INCLUDED IN BOARD FILES AND THE PRESIDENT AND KEY EMPLOYEE PERSONNEL FILES. Form 990, Part VI, Line 15b Process to establish compensation of other employees See Form 990, Part VI, Line 15a above. Form 990, Part VI, Line 19 Required documents available to the public AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE. GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. Form 990, Part XI, Line 9 Other changes in net assets or fund balances UNCOLLECTIBLE PLEDGES - -84250; Total - -84250; Form 990, Part XII, Line 2c THE AUDIT COMMITTEE SELECTS THE INDEPENDENT AUDITOR AND OVERSEES THE AUDIT OF THE FINANCIAL STATEMENTS. Riley Children's Foundation LLC 500 N Meridian St Suite 100 Indianapolis IN 46204 824499607 Charitable IN 27953083 8797714 RCE Indiana University Dance Marathon LLC 500 N Meridian St Suite 100 Indianapolis IN 46204 881479026 Charitable IN 245764 101055 RCE Indiana University 400 E 7th St Bloomington IN 47405 356001673 Education IN 501(c)(3) 2 NA false Charitable Trust (13) Trust IN NA Trust false true true false false false false false false false false false false false false false false false false