Childrens Hospital And Healthcare Services Foundation

Organization Overview

Childrens Hospital And Healthcare Services Foundation, operating under the name Children's Hospital Foundation, is located in Richmond, VA. The organization was established in 1978. 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 06/2022, Children's Hospital Foundation employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Children's 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 06/2022, Children's Hospital Foundation generated $70.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.7% each year . All expenses for the organization totaled $21.0m during the year ending 06/2022. While expenses have increased by 14.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2017, Children's Hospital Foundation has awarded 17 individual grants totaling $106,266,050. 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 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

FUND AND ADVOCATE FOR PEDIATRIC INITIATIVES THAT IMPROVE THE STATUS OF HEALTH CARE AND THE QUALITY OF LIFE FOR CHILDREN IN OUR REGION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE GRANTS TO TAX-EXEMPT ORGANIZATIONS IN OUR COMMUNITY TO HELP FUND INITIATIVES THAT IMPROVE THE HEALTH CARE AND QUALITY OF LIFE OF RESIDENTS (IN PARTICULAR, CHILDREN) IN OUR COMMUNITY.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Marketeam Llc
Provides Fundraising Consulting Services
$502,090
Blackbaud Inc
Subscription Software Services & Impleme
$197,719
Brookglobal
Provides Donor Recognition Systems
$536,500
Markham Yard
Advertising Agency
$1,134,281
B & B Printing
Provides Marketing And Printing Services
$174,314
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$382,772
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$10,173,601
Noncash contributions included in lines 1a–1f $3,195,026
Total Revenue from Contributions, Gifts, Grants & Similar$10,556,373
Total Program Service Revenue$0
Investment income $9,834,268
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $49,920,724
Net Income from Fundraising Events -$45,724
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $70,265,641

Grants Awarded

Over the last fiscal year, Childrens Hospital And Healthcare Services Foundation has awarded $14,747,862 in support to 4 organizations.

Grant RecipientAmount

VIRGINIA COMMONWEALTH UNIVERSITY HEALTH SYSTEM AUTHORITY

PURPOSE: TO SUPPORT CHARITABLE PURPOSE

$13,266,273

VIRGINIA COMMONWEALTH UNIVERSITY

PURPOSE: TO SUPPORT CHARITABLE PURPOSE

$1,456,089

MEDICAL COLLEGE OF VIRGINIA FOUNDATION

Org PageRecipient Profile

Richmond, VA

PURPOSE: TO SUPPORT CHARITABLE PURPOSE

$15,500

AMERICAN ACADEMY FOR CEREBRAL PALSY & DEVELOPMENTAL MEDICINE

Org PageRecipient Profile

Milwaukee, WI

PURPOSE: TO PROVIDE GENERAL EDUCATION SUPPORT

$10,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 14 grants that Childrens Hospital And Healthcare Services Foundation has recieved totaling $1,071,772.

Awarding OrganizationAmount
Schwab Charitable Fund

San Francisco, CA

PURPOSE: HEALTH

$354,100
American Endowment Foundation

Hudson, OH

PURPOSE: HEALTH, GENERAL

$315,000
The Community Foundation Inc

Richmond, VA

PURPOSE: GENERAL PURPOSES

$247,918
Rockefeller Philanthropy Advisors Inc

New York, NY

PURPOSE: GENERAL

$39,024
Carley Family Foundation

Wilmington, DE

PURPOSE: TO RAISE AWARENESS AND FUND RESEARCH TO CURE PEDIATRIC CANCER

$37,500
Motorsports Charities Inc

Daytona Beach, FL

PURPOSE: PROGRAM SUPPORT

$28,800
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$40,732,416
Earnings-$4,212,877
Net Contributions$27,703
Other Expense$11,053,844
Ending Balance$25,493,398

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