Beneficiary Designations

Not everyone wants to commit to making a gift in their wills or estates. Some prefer the increased flexibility that a beneficiary designation provides by using: 

  • IRAs and retirement plans
  • Life insurance policies
  • Commercial annuities

It only takes three simple steps to make this type of gift. Here's how to name Riley Children's Foundation as a beneficiary:

  1. Contact your retirement plan administrator, insurance company, bank or financial institution for a change-of-beneficiary form.
  2. Decide what percentage (1 to 100) you would like us to receive and name us, along with the percentage you chose, on the beneficiary form.
  3. Return the completed form to your plan administrator, insurance company, bank or financial institution.

An Example of How It Works

Ron RemakRon and Carol Remak believe that the more you know about an organization like Riley Children's Foundation and the direct impact it has on children, the more you will be proactive in helping. Although none of their three children received care at Riley Hospital for Children, or attended Camp Riley, Ron and Carol were aware of Riley's excellent reputation for providing quality care. They had friends who were directly impacted by Riley, and their children raised money through the Indiana University Dance Marathon.

All of these indirect experiences inspired Ron and Carol to get involved and increase their support of Riley. Today, Ron serves on Riley Children's Foundation's Board of Governors and Carol volunteers at Riley Hospital with the Magic Castle Cart. They are also proud members of our 1924 Society.

Ron shared that their "love affair with Riley gets stronger and stronger every day." They feel blessed in their life and they believe their planned gift commitment will eventually provide hope to families who need it. The Remaks also see value in using a planned gift to assure their family commitment to Riley will continue after they are gone.

Finally, Ron had this to say to anyone considering a planned gift in support of Riley: "Invest half a day to visit Riley. To see the facilities, to see the families, to see the children and to see the constant passion and compassion. You would see that a planned gift would be as good of an investment as you can make."

People like Ron and Carol Remak are integral to the future success of Riley Children's Foundation. Their willingness to include Riley in their estate plan will have a long term impact on the health and well-being of children and we are grateful for their support.

Next Steps

  1. Contact Alexandra Beach, J.D. at 317-624-2675 or ABeach@RileyKids.org for additional information on beneficiary designations and how they can help support Riley Children’s Foundation with our mission.
  2. Talk to your financial or legal advisor to learn which assets will or will not trigger taxable income when paid to a beneficiary.
  3. If you name Riley Children’s Foundation in your plans, please use our legal name and federal tax ID.

Legal Name: James Whitcomb Riley Memorial Association, Inc. d/b/a Riley Children's Endowment
Address: 500 N. Meridian Street, Suite 100, Indianapolis, IN 46204
Federal Tax ID Number: 35-0868147

See How It Works

Learn More

Download our FREE guide Beneficiary Designations: The 3 Easiest Ways to Leave Your Legacy.

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