Childrens Medical Center Foundation

Organization Overview

Childrens Medical Center Foundation is located in Dallas, TX. The organization was established in 1986. 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 12/2019, Childrens Medical Center Foundation employed 55 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 12/2019, Childrens Medical Center Foundation generated $75.2m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $35.5m during the year ending 12/2019. While expenses have increased by 4.6% per year over the past 5 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 2014, Childrens Medical Center Foundation has awarded 51 individual grants totaling $130,550,167. 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

2019

Describe the Organization's Mission:

Part 3 - Line 1

CHILDREN'S MEDICAL CENTER FOUNDATION PURSUES AND SECURES PHILANTHROPIC CONTRIBUTIONS TO ENABLE CHILDREN'S HEALTH SYSTEM OF TEXAS AND ITS RELATED ENTITIES TO FULFILL THE MISSION OF MAKING LIFE BETTER FOR CHILDREN.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CHILDREN'S MEDICAL CENTER FOUNDATION SHALL BE OPERATED EXCLUSIVELY FOR THE PROMOTION OF HEALTH AND THE ADVANCEMENT OF EDUCATION UNDER IRC SECTION 501(C)(3). THE FOUNDATION PURSUES AND SECURES PHILANTHROPIC CONTRIBUTIONS TO ENABLE CHILDREN'S HEALTH SYSTEM OF TEXAS, A 501(C)(3) ORGANIZATION, AND ITS RELATED ENTITIES TO FULFILL THE MISSION OF MAKING LIFE BETTER FOR CHILDREN, IN FURTHERANCE OF THEIR CHARITABLE PURPOSES. TO ACCOMPLISH THIS PURPOSE THE FOUNDATION, LIKE CHILDREN'S HEALTH, IS COMMITTED TO SUPPORTING THE INSTITUTION'S GUIDING PRINCIPLES: QUALITY CARE, RESEARCH AND INNOVATION, EDUCATION AND ADVOCACY, EXCELLENCE AND ACCOUNTABILITY. THE FOUNDATION, IN ADDITION TO SOLICITING CONTRIBUTIONS, THEN HOLDS, ADMINISTERS, INVESTS CASH AND OTHER PROPERTY THAT WAS CONTRIBUTED AND MAKES TRANSFERS TO CHILDREN'S HEALTH SYSTEM OF TEXAS AND ITS AFFILIATED 501(C)(3) ENTITIES FOR USE IN PURSUING THEIR TAX EXEMPT MISSION.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Former Corporate Secretary
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Rkd Group Inc
Fundraising Services
$549,573
Colle Mcvoy Llc
Advertising Services
$491,932
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$65,959
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$25,172,791
Noncash contributions included in lines 1a–1f $425,783
Total Revenue from Contributions, Gifts, Grants & Similar$25,238,750
Total Program Service Revenue$0
Investment income $299,313
Tax Exempt Bond Proceeds $0
Royalties $579,504
Net Rental Income $0
Net Gain/Loss on Asset Sales $49,049,321
Net Income from Fundraising Events $5,117
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $75,172,005

Grants Awarded

Over the last fiscal year, Childrens Medical Center Foundation has awarded $22,214,714 in support to 10 organizations.

Grant RecipientAmount

CHILDREN'S HEALTH CLINICAL OPERATIONS

Org PageRecipient Profile

Dallas, TX

PURPOSE: PROGRAM OPERATIONS AND CAPITAL SUPPORT

$12,785,527

CHILDREN'S RESEARCH INSTITUTE

Org PageRecipient Profile

Dallas, TX

PURPOSE: PROGRAM OPERATIONS AND CAPITAL SUPPORT

$4,288,751

CHILDREN'S HEALTH SYSTEM OF TEXAS

Org PageRecipient Profile

Dallas, TX

PURPOSE: PROGRAM OPERATIONS

$2,941,477

CHILDREN'S HEALTH PEDIATRIC GROUP

Org PageRecipient Profile

Dallas, TX

PURPOSE: PROGRAM OPERATIONS

$1,582,281

PASSION FOR CHILDREN'S

Org PageRecipient Profile

Dallas, TX

PURPOSE: PROGRAM OPERATIONS AND CAPITAL SUPPORT

$324,954

OCH HOLDINGS DBA OUR CHILDREN'S HOUSE

Org PageRecipient Profile

Dallas, TX

PURPOSE: PROGRAM OPERATIONS AND CAPITAL SUPPORT

$160,639
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 13 grants that Childrens Medical Center Foundation has recieved totaling $484,455.

Awarding OrganizationAmount
Ivor Oconner Morgan Trust

Dallas, TX

PURPOSE: PEDIATRIC PULMONARY PROGRAM

$125,000
Ivor Oconner Morgan Trust

Dallas, TX

PURPOSE: PEDIATRIC PULMONARY PROGRAM

$125,000
Petsmart Charities Inc

Phoenix, AZ

PURPOSE: ANIMAL-ASSISTED THERAPY, FIELD INITIATIVES

$80,000
Carson Leslie Foundation

Dallas, TX

PURPOSE: Support pediatric cancer patients

$29,141
Carson Leslie Foundation

Dallas, TX

PURPOSE: Support pediatric cancer patients

$29,141
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$21,318
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$180,270,077
Earnings$27,162,676
Net Contributions$9,417,133
Other Expense$1,142,950
Grants$7,558,631
Ending Balance$208,148,305

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