Miami Children's Health System Foundation Inc

Organization Overview

Miami Children's Health System Foundation Inc, operating under the name Nicklaus Children's Hospital Foundation Inc, is located in Miami, FL. The organization was established in 2013. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. As of 12/2020, Nicklaus Children's Hospital Foundation Inc employed 39 individuals. Nicklaus Children's Hospital Foundation Inc 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 12/2020, Nicklaus Children's Hospital Foundation Inc generated $13.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $9.2m during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (3.2%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Nicklaus Children's Hospital Foundation Inc has awarded 19 individual grants totaling $44,250,665. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF MIAMI CHILDREN'S HEALTH SYSTEM FOUNDATION, INC. (D/B/A NICKLAUS CHILDREN'S HEALTH SYSTEM FOUNDATION, INC.) IS TO CREATE AWARENESS AND GENERATE FUNDS FOR NICKLAUS CHILDREN'S HEALTH SYSTEM (SYSTEM), NICKLAUS CHILDREN'S HOSPITAL AND ANY OTHER NOT-FOR-PROFIT AFFILIATED ENTITY.

Describe the Organization's Program Activity:

IN 2020, GRANTS WERE MADE TO NICKLAUS CHILDREN HOSPITAL TO PROVIDE FUNDING FOR THE PERSONALIZED MEDICINE, TELEHEALTH DENTAL AND SOCIAL SERVICES.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Korn Ferry Leadership Consulting Corp
Recruitment
$102,600
Anthony Baradat And Associates
Advertising
$694,432
Wow Factor Marketing Group Inc
Marketing
$269,017
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$10,932
Membership dues$0
Fundraising events$1,754,504
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$12,277,174
Noncash contributions included in lines 1a–1f $691,452
Total Revenue from Contributions, Gifts, Grants & Similar$14,042,610
Total Program Service Revenue$0
Investment income $73,741
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income -$4,657
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$355,568
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $13,756,126

Grants Awarded

Over the last fiscal year, Miami Children's Health System Foundation Inc has awarded $4,424,946 in support to 3 organizations.

Grant RecipientAmount

VARIETY CHILDREN'S HOSPITAL

Org PageRecipient Profile

Miami, FL

PURPOSE: (See Statement)

$4,319,623

CHILDREN'S HEALTH VENTURES INC AND SUBSIDIARIES

PURPOSE: (See Statement)

$100,000

PEDIATRIC SPECIALTY GROUP INC

Org PageRecipient Profile

Miami, FL

PURPOSE: (See Statement)

$5,323
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 16 grants that Miami Children's Health System Foundation Inc has recieved totaling $3,758,239.

Awarding OrganizationAmount
Sanford

Sioux Falls, SD

PURPOSE: COMMUNITY HEALTH IMPROVEMENT

$3,000,000
South Florida Sports Foundation Inc

Miami Gardens, FL

PURPOSE: DONATION

$250,000
Goldman Sachs Charitable Gift Fund

New York, NY

PURPOSE: MEDICAL/SCIENTIFIC RESEARCH & PROGRAMS

$200,000
Fraternal Order Of Eagles Foundation

Grove City, OH

PURPOSE: EQUIPMENT/SUPPLIES

$88,125
Community Foundation Of Collier County

Naples, FL

PURPOSE: ARTS, CULTURE, & HUMANITIES

$58,027
Stop Childrens Cancer Of Palm Beach County Inc

Palm Beach Gardens, FL

PURPOSE: GRANT AWARDED FOR PEDIATRIC CANCER RESEARCH.

$50,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$50,915,312
Earnings$3,318,446
Net Contributions$33,028
Other Expense$2,419,636
Ending Balance$51,847,150

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