Doernbecher Childrens Hospital Foundation
- Assets
- $92.7m
- Revenue
- $15.5m
- Investments
- $61.8m
- Employees
- 0
- Location
- Portland, OR
- Founding
- 11/1991
- Data as of
- 06/2020
- EIN
- 93-0579589
Organization Overview
Doernbecher Childrens Hospital Foundation is located in Portland, OR. The organization was established in 1991. According to its NTEE Classification (E24) the organization is classified as: Specialty Hospitals, under the broad grouping of Health Care and related organizations. This organization is a parent organization of an affiliated group for tax-exemption purposes. Doernbecher Childrens 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 06/2020, Doernbecher Childrens Hospital Foundation generated $15.5m in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (3.0%) each year. All expenses for the organization totaled $14.6m during the year ending 06/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Doernbecher Childrens Hospital Foundation has awarded 39 individual grants totaling $66,901,051. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
DOERNBECHER CHILDREN'S HOSPITAL FOUNDATION IS A NONPROFIT ORGANIZATION EST. 1924 THAT EXISTS TO SECURE PRIVATE PHILANTHROPIC SUPPORT FOR DOERNBECHER CHILDREN'S HOSPITAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRIBUTIONS, GRANTS, TRANSFERS TO DOERNBECHER CHILDREN'S HOSPITAL MAKE POSSIBLE COMPREHENSIVE AND INNOVATIVE HEALTHCARE, EDUCATION AND RESEARCH FOR THE CHILDREN OF OUR REGION. SEE SCHEDULE O FOR MORE INFORMATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael P Hagel Board Chair | OfficerTrustee | 1 | $0 |
Margaret M Maguire JD Immediate Past Chair | OfficerTrustee | 1 | $0 |
Kelly L Schrader Vice Chair | OfficerTrustee | 1 | $0 |
Robin A Gantt Treasurer | OfficerTrustee | 1 | $0 |
Nathan Ayotte Director | Trustee | 1 | $0 |
Margaret F Bishop Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $68,084 |
| Membership dues | $0 |
| Fundraising events | $3,691,855 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $11,670,344 |
| Noncash contributions included in lines 1a–1f | $954,987 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,430,283 |
| Total Program Service Revenue | $114,613 |
| Investment income | $3,954,992 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $551 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$3,642,839 |
| Net Income from Fundraising Events | -$378,275 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $15,494,612 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $10,572,855 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,720 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,407 |
| Advertising and promotion | $500 |
| Office expenses | $5,017 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $6,146 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,637 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $42 |
| All other expenses | $0 |
| Total functional expenses | $14,566,590 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,075,953 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $2,634,987 |
| Accounts receivable, net | $692,869 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $2,699 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $132,256 |
| Net Land, buildings, and equipment | $3 |
| Investments—publicly traded securities | $23,432,719 |
| Investments—other securities | $61,765,447 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $527 |
| Total assets | $92,737,460 |
| Accounts payable and accrued expenses | $10,221 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $4,219,665 |
| Total liabilities | $4,229,886 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $56,760,267 |
| Paid-in or capital surplus, or land, building, or equipment fund | $3 |
| Retained earnings, endowment, accumulated income, or other funds | $31,747,304 |
| Total liabilities and net assets/fund balances | $92,737,460 |
Grants Awarded
Over the last fiscal year, Doernbecher Childrens Hospital Foundation has awarded $4,355,528 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
OREGON HEALTH AND SCIENCE UNIVERSITY PURPOSE: RESEARCH | $574,766 |
OREGON HEALTH AND SCIENCE UNIVERSITY PURPOSE: INSTRUCTION | $183,231 |
OREGON HEALTH AND SCIENCE UNIVERSITY PURPOSE: CLINICAL SUPPORT | $775,624 |
OREGON HEALTH AND SCIENCE UNIVERSITY PURPOSE: ACADEMIC SUPPORT | $1,788,222 |
OREGON HEALTH AND SCIENCE UNIVERSITY PURPOSE: CAPITAL PROJECTS | $490,651 |
OREGON HEALTH AND SCIENCE UNIVERSITY PURPOSE: PUBLIC SERVICE | $543,034 |