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Indiana · Nonprofit

James Whitcomb Riley Memorial Association

James Whitcomb Riley Memorial Association (Indiana) receives grants from 158 organizations whose IRS filings report $31,499,801 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($5,278,584). 94 of them have funded it in more than one year.

Revenue FY2025
$73M
Funders on record
158
Grants received
$31M
Net assets
$514M
94/158 repeat funderspeak grant-dependency 17%
01What it does

What James Whitcomb Riley Memorial Association does

Mission

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.

As stated on its FY2025 Form 990.

Programs

  1. Riley children's health: funds are used for patient care, research, education, and equipment at riley hospital for children.

    $47,953,315 spentof which $47,953,315 as grants$21,710 earned by the program
    96% of program spending
  2. 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.

    $1,332,953 spentof which $1,332,953 as grants
    3% of program spending
  3. 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.

    $417,505 spent$32,942 earned by the program
    1% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $49,703,773.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($45M) Expenses 100 ($46M) Net assets 100 ($360M)2018 Revenue 207 ($92M) Expenses 99 ($46M) Net assets 104 ($375M)2019 Revenue 90 ($40M) Expenses 97 ($45M) Net assets 103 ($370M)2020 Revenue 44 ($20M) Expenses 103 ($48M) Net assets 98 ($351M)2021 Revenue 110 ($49M) Expenses 101 ($47M) Net assets 120 ($433M)2022 Revenue 154 ($69M) Expenses 99 ($46M) Net assets 109 ($391M)2023 Revenue 108 ($48M) Expenses 105 ($49M) Net assets 117 ($420M)2024 Revenue 165 ($74M) Expenses 124 ($58M) Net assets 130 ($469M)2025 Revenue 163 ($73M) Expenses 142 ($66M) Net assets 143 ($514M)
'17'18'19'20'21'22'23'24'25
Revenue (163)Expenses (142)Net assets (143)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $388M to $469M (+21%).

$396M
$408M
$400M
$388M
$469M
$429M
$459M
$507M
$558M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 2% · 2023 0% · 2024 1% · 2025 3%. Grants only. Government contracts and fees sit inside program revenue.

69% of James Whitcomb Riley Memorial Association’s revenue is contributions — about as donation-reliant as the typical peer (80% for the typical peer).

This organization
Typical peer · 874 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.

−$1.7M
’17
$47M
’18
−$4.8M
’19
−$28M
’20
$2.1M
’21
$23M
’22
−$555k
’23
$16M
’24
$6.9M
’25
1.5
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Elizabeth A Elkas

President and CEO (End 12/2024)

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'25
Listed4437363637364145
Joined·+5+5+9+7+2+12·
No longer listed·1269637·
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 43 funders to 61 funders, grant income rose $2.2M → $2.7M.

38 of 158 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 42% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $2.7M from 16 payers (the payer shares this organization's board, largest Central Indiana Community Foundation Inc). These are real filings, and they are not money James Whitcomb Riley Memorial Association raised.

From the IRS filings of James Whitcomb Riley Memorial Association’s funders (the co-funder graph). Top 30 of 158 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

James Whitcomb Riley Memorial Association has a broad base — no single funder exceeds 17% of grant income, and it takes 6 funders to reach half.

the vertical line marks half of all grant income — 6 funders to its left

78% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund James Whitcomb Riley Memorial Association.

17%
largest funder
38%
top three
~15
effective funders

Largest funder’s share by year: 2017 14% · 2018 15% · 2019 21% · 2020 22% · 2021 28% · 2022 22% · 2023 18% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

42% of James Whitcomb Riley Memorial Association's funders are still giving 3 years after their first grant; 59% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

79% of James Whitcomb Riley Memorial Association's grant income comes from Indiana funders.

MN
IL
MI
NY
MA
SD
IN
OH
PA
NJ
CT
RI
CA
CO
MO
KY
VA
DE
AZ
TN
NC
DC
GA
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Indiana out of state home

Funder states come from each funder’s own filing. $13M arriving through sponsors registered in 16 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

James Whitcomb Riley Memorial Association's funding base is broadening — from 43 funders to 61 as grant income climbed.

Operating margin10% · below the median
Months of reserve1.5mo · below the median
Revenue growth (annualized)6% · below the median

this organization peer median middle 50% of peers· 490 philanthropy nonprofits $10M–$100M, FY2025

Organizations like James Whitcomb Riley Memorial Association

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Indiana

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

75% of spending goes to programs.

Program 75%Management 8%Fundraising 16%

Governance

35
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

87%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

IN

Part of a family of 4 related entities

  • Riley Children's Foundation LLC · disregarded
  • Indiana University Dance Marathon LLC · disregarded
  • Indiana University · exempt
  • Charitable Trust (13) · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for James Whitcomb Riley Memorial Association: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds James Whitcomb Riley Memorial Association?
James Whitcomb Riley Memorial Association (Indiana) receives grants from 158 organizations whose IRS filings report $31,499,801 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($5,278,584). 94 of them have funded it in more than one year.
How many funders does James Whitcomb Riley Memorial Association have?
IRS filings report 158 organizations giving $31,499,801 in grants to James Whitcomb Riley Memorial Association, 94 of which have funded it in more than one year.
Who is the largest funder of James Whitcomb Riley Memorial Association?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $5,278,584 in grants. The full list of funders is on this page.
How can an organization like James Whitcomb Riley Memorial Association find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Indiana. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 158 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing