Childrens Health Care Foundation

Organization Overview

Childrens Health Care Foundation is located in Minneapolis, MN. The organization was established in 1995. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. As of 12/2021, Childrens Health Care Foundation employed 28 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Childrens Health Care 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 12/2021, Childrens Health Care Foundation generated $25.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $18.2m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE FOUNDATION CHAMPIONS RAISING FUNDS IN SUPPORT OF SPECIAL HEALTH NEEDS OF CHILDREN.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROGRAM: CHILDREN'S HEALTH CARE FOUNDATION (THE FOUNDATION) SUPPORTS THE MISSION OF CHILDREN'S HEALTH CARE DBA CHILDREN'S HOSPITALS AND CLINICS (CHILDREN'S), BY OBTAINING FINANCIAL RESOURCES THAT ARE LEVERAGED TO CHAMPION THE SPECIAL NEEDS OF CHILDREN AND THEIR FAMILIES AND TO IMPROVE CHILDREN'S HEALTH BY PROVIDING HIGH-QUALITY, FAMILY CENTERED PEDIATRIC SERVICES. THE FOUNDATION IS THE FUNDRAISING ARM FOR CHILDREN'S, WHICH FORMED IN 1924, AND IS ONE OF THE LARGEST CHILDREN'S HEALTH CARE ORGANIZATIONS IN THE U.S., WITH 429 STAFFED BEDS AT OUR TWO HOSPITAL CAMPUSES IN ST PAUL AND MINNEAPOLIS. SEE SCHEDULE O.


CAPITAL: CAPITAL SUPPORT PROVIDES FUNDS TO PURCHASE EQUIPMENT AND RELATED SUPPLIES AND SERVICES, OR TO MAKE CAPITAL IMPROVEMENTS. SUCH ACTIVITIES MUST 1) ADVANCE THE MISSION OF CHILDREN'S AND 2) HAVE POTENTIAL FOR SIGNIFICANT OR LONG-TERM IMPACT.


RESEARCH: THE PURPOSE OF FUNDING RESEARCH AT THE CHILDREN'S HEALTH CARE IS TO SUPPORT A SYSTEMATIC INVESTIGATION, INCLUDING RESEARCH DEVELOPMENT, TESTING, AND EVALUATION, DESIGNED TO DEVELOP OR CONTRIBUTE TO GENERALIZED KNOWLEDGE. CURRENTLY, CHILDREN'S HAS MORE THAN 403 ONGOING RESEARCH STUDIES AND PROGRAMS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Haworth Marketing & Media Company
Tv Advertising
$309,296
Capture Films Llc
Video Production
$180,000
Infinity Of Minnesota
Direct Mail Appeal
$101,548
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$348,813
Related organizations$11,125
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$14,133,284
Noncash contributions included in lines 1a–1f $12,912
Total Revenue from Contributions, Gifts, Grants & Similar$14,493,222
Total Program Service Revenue$0
Investment income $1,278,661
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $4,921,145
Net Income from Fundraising Events $31,427
Net Income from Gaming Activities $5,512
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $25,438,436

Grants Awarded

Over the last fiscal year, Childrens Health Care Foundation has awarded $15,127,923 in support to 2 organizations.

Grant RecipientAmount

CHILDREN'S HEALTH CARE

Org PageRecipient Profile

Minneapolis, MN

PURPOSE: Healthcare

$15,117,130

CHILDREN'S HEALTH CARE SERVICES

Org PageRecipient Profile

Minneapolis, MN

PURPOSE: Healthcare

$10,793
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Childrens Health Care Foundation has recieved totaling $22,000.

Awarding OrganizationAmount
Courage Kenny Foundation

Minneapolis, MN

PURPOSE: GENERAL SUPPORT FOR CHILDREN'S OF MINNESOTA FOUNDATION, MIDWEST FETAL CARE

$22,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$57,700,389
Earnings$8,789,317
Net Contributions$2,426,002
Grants$1,752,287
Ending Balance$67,163,421

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