Overview
What is Texas Children's Hospital Foundation?
The Texas Children's Hospital Foundation is a nonprofit organization located in Houston, Texas, with the address 6621 Fannin Street, ZIP code 77030. Its primary role is to manage investments on behalf of Texas Children's Hospital, generating funds dedicated to pediatric medical research and increased access to high-quality healthcare for women, children, and families in the community. The organization's mission is to create a healthier future for children and women globally by excelling in patient care, education, and research.
Official website here: www.texaschildrens.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Texas Children's Hospital Foundation has achieved a remarkable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The overall score is based solely on the Accountability & Finance beacon, where the foundation scored an impressive 96%. This suggests strong governance practices and a commitment to transparency in financial operations.
The foundation demonstrates exceptional oversight with a fully independent board, consisting of nine members, and has received full points across various accountability measures, including audit oversight and conflict of interest policies. Their financial management is noteworthy, with a program expense ratio of 95.26%, showing that a significant portion of their funds is directed toward their programs and services.
While the foundation appears strong in terms of financial accountability, the summary does not provide insights into program effectiveness or community impact, which are essential for a comprehensive evaluation of a nonprofit's effectiveness. Overall, Texas Children's Hospital Foundation appears to be a well-managed organization focused on its mission with strong financial practices in place.
This AI summary has been generated from information found on Charity Navigator.
Is Texas Children's Hospital Foundation legitimate?
Texas Children's Hospital Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Texas Children's Hospital 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.texaschildrens.org
What is the mission statement of Texas Children's Hospital Foundation?
The Texas Children's Hospital Foundation strives to create a healthier future for children and women globally by excelling in patient care, education, and research. They support Texas Children's Hospital by managing investments that generate funds for groundbreaking pediatric medical research and expanding access to high-quality healthcare. Their initiatives prioritize the wellbeing of women, children, and families within their community.
Official website here: www.texaschildrens.org
Who is the CEO of Texas Children's Hospital Foundation?
Unavailable The CEO's salary of Texas Children's Hospital Foundation is $0 and their total compensation is $8,847,133.
Official website here: www.texaschildrens.org
What is the revenue of Texas Children's Hospital Foundation?
Texas Children's Hospital Foundation's revenue in 2022 was $75,424,251.
Official website here: www.texaschildrens.org
Who are the executives of Texas Children's Hospital Foundation and what are their salaries?
There 9 volunteers at Texas Children's Hospital Foundation.
Here are 11 key members and their salaries (Texas Children's Hospital Foundation's CEO's salary is $0 and their total compensation is $8,847,133):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $7,963,997
- Other: $883,136
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $1,570,769
- Other: $351,599
Official website here: www.texaschildrens.org
Where can I find the form 990 for Texas Children's Hospital Foundation?
Texas Children's Hospital Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.texaschildrens.org
Learn more at the official website: www.texaschildrens.org
Mission Statement of Texas Children's Hospital Foundation
Texas Children's Hospital Foundation is a renowned organization dedicated to creating a healthier future for children and women around the world. By taking the lead in patient care, education, and research, the Foundation is making a significant impact on the health and wellbeing of young lives.
The Foundation plays a crucial role in supporting Texas Children's Hospital by managing its investments. The funds generated through these investments are earmarked for cutting-edge pediatric medical research and increasing access to high-quality healthcare for women, children, and families within the community. Through its unwavering commitment to this cause, the Foundation is driving advancements in pediatric healthcare and ensuring that the most vulnerable populations have access to the care they need.
Texas Children's Hospital Foundation is more than just an investment manager. It is a driving force behind some of the most innovative research and healthcare initiatives in the field of pediatrics. The organization is dedicated to making a difference in the lives of children and women, both locally and globally, by investing in the future of healthcare and unlocking new discoveries and treatments. The Foundation's tireless pursuit of excellence and its commitment to the health and wellbeing of the next generation make it an invaluable asset to the healthcare community.
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Impact
October, 2024
Texas Children's Hospital Foundation significantly contributes to a healthier future for children and women by advancing pediatric medical research and enhancing access to high-quality healthcare. Through strategic management of investments, the foundation generates support funds that enable Texas Children's Hospital to lead in patient care, education, and groundbreaking research. This commitment ensures that families in the community benefit from innovations in healthcare, ultimately improving health outcomes for generations to come. The foundation's focus not only addresses immediate healthcare needs but also fosters long-term wellness and education, promoting a healthier global community.
This information is meant to be a general summary of Texas Children's Hospital 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $75,424,251
- Gross Receipts: $2,717,322,599
Assets and Liabilities:
- Total Assets: $2,955,133,812
- Total Liabilities: $554,767,838
- Net Assets: $2,400,365,974
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Organization Details
Founding Year
2005
Phone
(832) 824-2982Main Address
6621 Fannin Street, Houston, TX, 77030
Website
www.texaschildrens.orgNTEE Category
Code: E112 - Health
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