Dayton Childrens Hospital Foundation

Organization Overview

Dayton Childrens Hospital Foundation is located in Dayton, OH. The organization was established in 1983. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dayton Childrens Hospital Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Dayton Childrens Hospital Foundation generated $12.1m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $12.9m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

DAYTON CHILDREN'S HOSPITAL FOUNDATION (THE FOUNDATION) EXISTS SOLELY TO BENEFIT DAYTON CHILDREN'S HOSPITAL (DCH), AND TO ASSIST DCH IN PERFORMING ITS CHARITABLE MISSION.

Describe the Organization's Program Activity:

DAYTON CHILDREN'S HOSPITAL FOUNDATION (THE FOUNDATION) EXISTS SOLELY TO BENEFIT DAYTON CHILDREN'S HOSPITAL (DCH) AND SUBSIDIARIES, AND TO ASSIST DCH IN PERFORMING ITS CHARITABLE MISSION. THE FOUNDATION IS FUNDED FROM CONTRIBUTIONS, BEQUESTS AND DEFERRED AND PLANNED GIFTS FROM OUTSIDE DONORS. THE FOUNDATION ASSIST DCH IN FULFILLING ITS CHARITABLE PURPOSE IN THE FOLLOWING WAYS:1. THE FOUNDATION ACCUMULATES THE PROCEEDS OF BEQUESTS, CONTRIBUTIONS AND PLANNED GIFTS FOR DCH'S CURRENT AND FUTURE CAPITAL NEEDS. THE PROCEEDS ARE USED TO SUPPORT DCH'S YEAR TO YEAR CAPITAL EQUIPMENT NEEDS OR USED TO FUND ALL OR A PORTION OF CAPITAL CONSTRUCTION PROJECTS SUCH AS ADDITIONS OR RENOVATIONS TO DCH'S BUILDINGS AND GROUNDS. IN THE YEAR ENDED JUNE 30, 2021, THE FOUNDATION EXPENDED $2,287,576 FOR CAPITAL EQUIPMENT AND CAPITAL PROJECTS.2. THE FOUNDATION HAS ESTABLISHED ENDOWMENTS, THE INCOME FROM WHICH WILL BE USED EACH YEAR TO ASSIST DCH TO RECRUIT AND RETAIN THE TOP PEDIATRIC MEDICAL PROFESSIONALS. CURRENT ENDOWED CHAIRS ARE AS FOLLOWS: CHILD ABUSE, CRITICAL CARE, NEUROSURGERY, PULMONARY, DEVELOPMENT PEDIATRICS, PEDIATRIC NEUROLOGY, GENERAL PEDIATRIC SURGERY, PEDIATRIC CANCER AND BLOOD DISORDERS, ANESTHESIA, INFECTIOUS DISEASES, AND RECRUITMENT OF SUBSPECIALTY PHYSICIANS WHO WOULD OTHERWISE NOT BE AVAILABLE IN THE COMMUNITY. EXPENDITURES FOR THE ENDOWED MEDICINE CHAIRS IN THE YEAR ENDED JUNE 30, 2021 TOTALED $1,216,918.3. GRANTS ARE MADE TO DCH AS A WHOLE RATHER THAN TO SPECIFIC PHYSICIANS OR INDIVIDUALS. MAJORITY APPROVAL BY THE BOARD OF TRUSTEES DETERMINES WHETHER THE GRANT IS FUNDED BY THE FOUNDATION. THE FOUNDATION'S TREASURER'S APPROVAL IS REQUIRED PRIOR TO ALL DISBURSEMENTS OF FUNDS. IN THE YEAR ENDED JUNE 30, 2021, THE FOUNDATION GRANTED $3,823,500 TO DCH FOR COVID-19 RELATED EXPENSES.


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Board, Officers & Key Employees

Name (title)Compensation
Deborah Feldman
System CEO
$0
Chris Bergman
System CFO
$0
Nick Costides
Chair
$0
Darrick Weeks
Vice Chair
$0
Jeff Klank
Treasurer
$0
Sandra Pierce
Treasurer (until 10/31/2020)
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$489,651
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$6,366,765
Noncash contributions included in lines 1a–1f $62,096
Total Revenue from Contributions, Gifts, Grants & Similar$6,856,416
Total Program Service Revenue$0
Investment income $1,191,390
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $4,043,634
Net Income from Fundraising Events -$39,342
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $12,052,098

Grants Awarded

Over the last fiscal year, Dayton Childrens Hospital Foundation has awarded $5,716,229 in support to 2 organizations.

Grant RecipientAmount

DAYTON CHILDREN'S HOSPITAL

Org PageRecipient Profile

Dayton, OH

PURPOSE: SUPPORT

$5,666,229

THE GALA OF HOPE FOUNDATION

Org PageRecipient Profile

Beavercreek, OH

PURPOSE: SUPPORT

$50,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 13 grants that Dayton Childrens Hospital Foundation has recieved totaling $240,946.

Awarding OrganizationAmount
The Gala Of Hope Foundation Inc

Beavercreek, OH

PURPOSE: GENERAL

$82,401
Dayton Power & Light Company Foundation

Dayton, OH

PURPOSE: ON OUR SLEEVES MENTAL HEALTH PUBLIC AWARENESS CAMPAIGN

$75,000
Troy Foundation

Troy, OH

PURPOSE: HEALTH & HUMAN SERVICES; ACTIVITY THERAPY FOR DAY TREATMENT PROGRAM

$25,000
Springfield Foundation

Springfield, OH

PURPOSE: GENERAL SUPPORT

$22,763
Greene County Community Foundation

Xenia, OH

PURPOSE: GENERAL OPERATING SUPPORT -NON RELIGOUS

$9,832
Schwab Charitable Fund

San Francisco, CA

PURPOSE: HEALTH

$8,700
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,444,603
Grants$72,231
Ending Balance$1,372,372

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