# Riley Children’s Foundation

Riley Children’s Foundation is an Endowment / Foundation based in Indianapolis, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Indianapolis, United States
- **Region:** North America
- **Address:** 500 North Meridian Street Suite 100, Indianapolis, IN 46204, United States
- **Founded:** 1924
- **Assets under management:** $400 million
- **Website:** rileykids.org
- **LinkedIn:** https://www.linkedin.com/company/riley-childrens-foundation

## Regulatory record

- **Reports private funds:** No

## About

Riley Children’s Foundation was founded in 1921 to raise funds for Riley Children’s Health. Courtney Roberts serves as president and chief executive officer. The foundation’s endowment arm manages investments that generate grants for pediatric programs at Indiana University Health and the IU School of Medicine. The foundation allocates across public equities, private equity buyout funds, venture capital, distressed debt, and hedge funds. It also holds direct real estate including the James Whitcomb Riley Museum Home and the Billie Lou Wood Visitor’s Center in Indianapolis. Camp Riley at Bradford Woods, a 2,500-acre facility in Martinsville, Indiana, operates through a joint venture with Indiana University. Geographic exposure centers on the United States with additional holdings in global markets. The organization maintains an alternative investment portfolio valued within its disclosed $402 million total assets. It employs service providers including Goelzer Investment Management as advisor and Ballard Spahr as legal counsel. In March 2025 the foundation launched the Every Child Deserves Riley campaign targeting $300 million for mental health and research programs. The foundation operates through a distinct governance structure that separates its fundraising activities from the Riley Children’s Endowment investment vehicle. Board leadership includes J. Murray Clark as chair, with additional ties to Centerfield Capital Partners through board member Faraz Abbasi.

## Sectors

- Healthcare Services

## People

- Courtney Roberts — President and CEO
- J. Murray Clark — Chair of the Board of Governors

## Questions

### Who runs investment decisions at Riley Children’s Foundation?

Courtney Roberts serves as president and CEO. The foundation’s endowment arm executes allocations through external advisors including Goelzer Investment Management.

### Does Riley Children’s Foundation participate in fund commitments or only direct deals?

The foundation acts as a limited partner in private equity, venture capital, and hedge funds while also holding direct real estate assets such as the James Whitcomb Riley Museum Home.

### What investment stages does Riley Children’s Foundation typically target?

Allocations include venture capital, growth equity, buyout funds, distressed debt, and secondaries through its alternative investment portfolio.

### How is Riley Children’s Foundation related to Riley Children’s Health?

Riley Children’s Foundation serves as the primary fundraising organization for Riley Children’s Health, directing grants to Indiana University Health and the IU School of Medicine.

### What is Riley Children’s Foundation’s known posture on co-investments alongside external GPs?

The foundation holds limited partner positions in multiple private equity and venture funds and maintains direct ownership of operating assets including Camp Riley.

## Related profiles

- [AMG National Trust Bank](https://altss.com/profile/amg-national-trust-bank)
- [Maatalousyrittäjien eläkelaitos Mela](https://altss.com/profile/maatalousyritt-jien-el-kelaitos-mela)

---

Last updated: 2026-07-08T21:10:36.601Z

Canonical page: https://altss.com/profile/riley-children-s-foundation

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology