Indy Family Foundation
Indy Family Foundation

FAQ

Who qualifies?

Any Indy car licensed participant, whether participation was past or present, and without regard to the specific sanctioning body involved, and their families who are in need due to injury, illness or death.

The fund will also provide financial assistance to participants in the domestic and international racing communities who have needs arising from death, injury or illness but the funds shall not be offered to their families, unless in the case of the death of the participant.

Eligible motorsports participants include but are not limited to drivers, mechanics, car owners, course workers, officials, support personnel, public relations and media workers and administrative personnel. Eligibility is contingent upon current or past licensing with a recognized sanctioning motorsports organization.

You may apply for aid if you have ever been a motor racing participant and are currently experiencing financial hardship due to illness or injury. This holds true whether or not the condition is related to racing.


What is the size of each award and how are the awards determined?

When the Fund originated, it was decided that no award would exceed five percent of the fund balance. If the fund balance in January is $300,000, each case decided during that semi-annual period would have a maximum lifetime benefit of $15,000. This has allowed the fund to perpetuate, and has also afforded a useful sum to be distributed to each beneficiary.

Each award is decided on an individual basis. An application must be filled out for an award to be processed. Before we make an award, our social worker evaluates the potential cases and makes recommendation to us as to how the applicants could best benefit from our help. In most cases, we provide living expenses for the duration of the period of need, up to the maximum allowable amount, per the five- percent cap per case. The social worker then contacts the applicant to evaluate where the need is greatest. In the case of disability, she looks at both medical bills and household expenses and sources of income. A recommendation is then made to the Benevolent Fund Board as to the dollar amount and length of time for the grant. A disability certificate is required from the applicant’s treating physician for the length of the disability.

Call Us317-402-6478
PO Box 42676
Indianapolis, IN 46242
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