Childrens Hospital Foundation

Organization Overview

Childrens Hospital Foundation, operating under the name Children's National Hospital Foundation, is located in Washington, DC. The organization was established in 1990. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Children's National 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, Children's National Hospital Foundation generated $82.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $51.0m during the year ending 06/2021. While expenses have increased by 1.1% per year over the past 6 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 2015, Children's National Hospital Foundation has awarded 27 individual grants totaling $214,445,901. 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

CHILDREN'S HOSPITAL FOUNDATION DBA CHILDREN'S NATIONAL HOSPITAL FOUNDATION SUPPORTS WORLD CLASS CARE AND RESEARCH FOR THE NATION'S CHILDREN. CHILDREN'S NATIONAL HOSPITAL FOUNDATION ("THE FOUNDATION") SERVES AS THE FUNDRAISING ARM FOR CHILDREN'S NATIONAL MEDICAL CENTER DBA CHILDREN'S NATIONAL IN WASHINGTON, DC.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE SCHEDULE O.PROGRAM SERVICE ACCOMPLISHMENT 1THE FOUNDATION RAISES PRIVATE, CORPORATE AND INSTITUTIONAL FINANCIAL SUPPORT TO ENSURE THAT PATIENTS AND THEIR FAMILIES RECEIVE WORLD-CLASS, COMPASSIONATE PEDIATRIC CARE. DONOR GIFTS RECEIVED BY THE FOUNDATION ARE REFLECTED AS REVENUE IN THE ORGANIZATION'S BUDGET. AS CHILDREN'S NATIONAL INCURS COSTS FOR RESEARCH, CARE AND EDUCATION, DONATED FUNDS ARE RELEASED INTO THE BUDGET AND THE EXPENSES ARE REFLECTED IN THIS CATEGORY. THIS REPRESENTS A MOVEMENT OF GIFT FUNDS TO THE HOSPITAL IN ACCORDANCE WITH THE DONOR'S DESIGNATION AND THE HOSPITAL'S MISSION TO ADVANCE PEDIATRIC CARE. WITH A HEALTHCARE EXPERIENCE DESIGNED AROUND KIDS' UNIQUE NEEDS, CHILDREN'S NATIONAL IS THE PREMIER PROVIDER OF PEDIATRIC SERVICES IN THE WASHINGTON, D.C., METROPOLITAN AREA AND THE REGION'S ONLY HEALTH SYSTEM SPECIALIZING IN CARE SPECIFICALLY FOR CHILDREN. LAST YEAR, THE HOSPITAL CARED FOR MORE THAN 240,000 UNIQUE PATIENTS FROM THE NATION'S CAPITAL, MARYLAND, AND VIRGINIA, ACROSS THE U.S. AND AROUND THE WORLD. WE OFFER ACCESS TO TOP PEDIATRIC SPECIALISTS, SURGEONS AND MENTAL HEALTH PROFESSIONALS; WE INNOVATE, DISCOVER AND DRIVE NEW TECHNOLOGIES AND THERAPIES TO TREAT AND CURE CHILDREN; AND WE EDUCATE COMMUNITIES, PATIENTS AND THEIR FAMILIES ON PEDIATRIC HEALTH ISSUES.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Schultz Williams Inc
Marketing
$1,360,061
Snh Medical Office Properties Trust
Office Lease
$792,137
Children's Miracle Network
Fundraising
$511,032
Ritz-carlton Washington Dc
Events
$379,321
Marts Lundy
Consulting
$196,553
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$6,478
Membership dues$0
Fundraising events$1,760,450
Related organizations$15,000
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$48,634,970
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$50,416,898
Total Program Service Revenue$0
Investment income $21,710,930
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $10,847,537
Net Income from Fundraising Events -$142,725
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $82,832,640

Grants Awarded

Over the last fiscal year, Childrens Hospital Foundation has awarded $28,318,027 in support to 3 organizations.

Grant RecipientAmount

CHILDREN'S HOSPITAL

Org PageRecipient Profile

Washington, DC

PURPOSE: PROGRAM SUPPORT

$19,145,204

CHILDREN'S RESEARCH INSTITUTE

Org PageRecipient Profile

Washington, DC

PURPOSE: GENERAL SUPPORT

$8,775,457

BRAINY CAMPS ASSOCIATION

Org PageRecipient Profile

Washington, DC

PURPOSE: GENERAL SUPPORT

$397,366
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Childrens Hospital Foundation has recieved totaling $112,037.

Awarding OrganizationAmount
Tr Uw James M Green Trust

Dallas, TX

PURPOSE: UNRESTRICTED GENERAL

$111,537
C Herbert Marshall Fund B

Pittsburgh, PA

PURPOSE: GENERAL SUPPORT

$500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$157,605,828
Earnings$2,466,125
Net Contributions$4,657,019
Ending Balance$164,728,972

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