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The Children's Hospital Of Buffalo Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 161332044 ✦ Buffalo, NY ✦ Designated as a 501(c)(3)

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Overview

What is The Children's Hospital Of Buffalo Foundation?

The Children's Hospital of Buffalo Foundation is a charitable nonprofit organization based in Buffalo, New York. They support the health services and a specialized pediatric hospital, which is a division of Kaleida Health, by raising funds for patient care, education, and research. Through various events, such as the Festival of Trees, Chip-In for Children's Hospital Golf Tournament, and Eric Wood's Flights & Bites, the organization collects donations in various forms, including cash, stocks, estate gifts, corporate gifts, and grants from private foundations. Their primary mission is to solicit, maintain, and enhance the value of public contributions to provide financial support to the John R. Oishei Children's Hospital in delivering unparalleled pediatric and women's healthcare services. The Foundation has a team of 16 individuals who work diligently to organize events and secure donations. Their events include galas, golf tournaments, and other initiatives, which provide opportunities for community engagement and fundraising. The net proceeds from these events are utilized to support programs and care delivery for children.


Official website here: www.foundation.wchob

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97% (Four-Star out of Four Stars)

The Children's Hospital Of Buffalo Foundation has achieved an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. With a perfect score in multiple areas, the foundation demonstrates effective governance through a fully independent board and robust financial oversight mechanisms, ensuring transparency and responsible management of resources.

The foundation's financial metrics are equally commendable, with a remarkably high program expense ratio of 92.63%, indicating that a significant portion of funds is directed toward its charitable programs. Additionally, the organization's fundraising efficiency is excellent, as it has no fundraising costs, which can often burden nonprofit organizations. This efficiency allows for more resources to be allocated directly to supporting children's health initiatives.

While the foundation excels in these areas, it is important for potential donors and stakeholders to remain informed about ongoing operations and program outcomes. Nonetheless, the foundation's strong financial practices and governance structure position it as a reliable and effective nonprofit contributing positively to children's healthcare in the Buffalo area.


This AI summary has been generated from information found on Charity Navigator.

Is The Children's Hospital Of Buffalo Foundation legitimate?

The Children's Hospital Of Buffalo Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Children's Hospital Of Buffalo Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $374,428
Professional Fundraising Fees: $0
Other Salaries and Wages: $897,523

For more financial information, click here


Official website here: www.foundation.wchob

What is the mission statement of The Children's Hospital Of Buffalo Foundation?

The Children's Hospital of Buffalo Foundation is a charitable organization dedicated to raising funds for the John R. Oishei Children's Hospital. Its mission is to solicit, maintain, and enhance public contributions to support the hospital's delivery of unparalleled pediatric and women's healthcare services. Through various events and initiatives, the foundation raises significant funds each year. Notable events include the Festival of Trees, Chip-In for Children's Hospital Golf Tournament, and Eric Wood's Flights & Bites event. These events offer unique experiences for attendees while generating essential revenue for the hospital. The foundation's efforts ensure that every family, regardless of their ability to pay, receives the very best care for their children.


Official website here: www.foundation.wchob

What is the revenue of The Children's Hospital Of Buffalo Foundation?

The Children's Hospital Of Buffalo Foundation's revenue in 2023 was $12,294,299.


Official website here: www.foundation.wchob

Who are the executives of The Children's Hospital Of Buffalo Foundation and what are their salaries?

The average compensation at The Children's Hospital Of Buffalo Foundation during 2023 was $79,497. There are 16 employees and 156 volunteers at The Children's Hospital Of Buffalo Foundation.

Here are 28 key members and their salaries:


Heather Williams (Chairman (Thru Feb 2023))
  • Compensation: $0
  • Related: $0
  • Other: $0
Francisco Vasquez (New Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Beaton (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Swiezy (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashley Meganck (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Balduf (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Davison (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Edbauer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nathan Gordon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bethanne Hollis (Director (As Of Oct 2023))
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremy Kelley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Lomeo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Moore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joette Mosey-Zaccagnino (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Notarius (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Petrella (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nagendra Raina (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katherine Ragusa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Renee Reynolds (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Russ Salvatore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Slomovitz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patti Thomas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Vukelic (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katie Gorman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Bennett (Vice President)
  • Compensation: $374,428
  • Related: $0
  • Other: $15,578
Andrew Lashua (Director Of Development)
  • Compensation: $168,197
  • Related: $0
  • Other: $27,821
Erin Hartnett (Sr Director Development)
  • Compensation: $117,478
  • Related: $0
  • Other: $26,706


Official website here: www.foundation.wchob

Where can I find the form 990 for The Children's Hospital Of Buffalo Foundation?

The Children's Hospital Of Buffalo Foundation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.foundation.wchob

Learn more at the official website: www.foundation.wchob

Mission Statement of The Children's Hospital Of Buffalo Foundation

The Children's Hospital of Buffalo Foundation is a charitable organization dedicated to raising funds for the John R. Oishei Children's Hospital. Its primary mission is to solicit, maintain, and enhance public contributions to support the delivery of unparalleled pediatric and women's healthcare services. Through the efforts of its board of directors and numerous volunteers, the foundation secures financial resources for patient care, education, and research.

The Children's Hospital of Buffalo Foundation organizes various events to achieve its objectives. One such event is the Festival of Trees, a black-tie gala that has become a symbol of the bond between the hospital and the community. This annual event, which has raised over $10 million since the pandemic, includes a Designer Showcase, a gala, and Family Day. During the gala, attendees bid on trees via silent and live auctions, and a cash appeal is held. The Festival of Trees also features a Designer Showcase, where designers are given complimentary tickets and awards are given for various themes. Family Day offers families the opportunity to view the trees and grab a snack.

Another fundraising event is the Chip-In for Children's Hospital Golf Tournament, which provides an opportunity for golfers to meet some of the hospital's champion kids and learn more about its services. The Children's Hospital of Buffalo Foundation's events have raised significant funds for the hospital, contributing over $1.1 million from the Festival of Trees and over $17,000 from the Chip-In for Children's Hospital Golf Tournament. The foundation also hosts the Eric Wood's Flights & Bites event, which introduces guests to a hospital-based program providing support to chronically ill children and their families. These events, along with the foundation's continuous fundraising efforts, are crucial in ensuring that no child is turned away from the Oishei Children's Hospital due to inability to pay.

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Impact




October, 2024

The Children’s Hospital of Buffalo Foundation significantly strengthens pediatric and women's healthcare services in the region through impactful fundraising and community engagement initiatives. Their fundraising efforts, such as the annual Festival of Trees, have generated over $10 million since the pandemic, directly supporting essential programs and patient care at the John R. Oishei Children's Hospital.

Events like the Chip-In for Children’s Hospital Golf Tournament and Eric Wood’s Flights & Bites event not only raise vital funds but also foster community connections, allowing participants to interact with "champion kids" and learn about the hospital's services. Through innovative fundraising activities, such as the “117 Holes for Children” golf challenge, supporters can engage in health and wellness while championing the cause.

By leveraging a diverse range of contributions—ranging from cash and stock donations to corporate sponsorships—the Foundation ensures that no child is turned away based on their family's financial situation. Their commitment to pediatric care is evident in their ability to maintain and enhance healthcare access, ensuring that every child receives unparalleled medical attention regardless of their economic circumstances.




This information is meant to be a general summary of The Children's Hospital Of Buffalo Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$12,294,299 (2023)
Expenses
$17,439,886 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,542,442
  • Gross Receipts: $13,900,634

Assets and Liabilities:

  • Total Assets: $76,265,837
  • Total Liabilities: $16,259,944
  • Net Assets: $60,005,893

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Organization Details

Founding Year

1988

Principal Officer

Andrew Bennett

NTEE Category

Code: E112 - Health

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