Pediatric Faculty Foundation Inc

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

EIN: 363279680 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is Pediatric Faculty Foundation Inc?

The Pediatric Faculty Foundation Inc is a nonprofit organization based in Illinois, with its primary member being Children's Hospital of Chicago Medical Center. This organization specializes in hiring pediatric medicine experts and subspecialists who offer top-notch healthcare to children within their community. They are dedicated to excellence and innovation in clinical and basic research, ensuring comprehensive patient care, ongoing physician education, and evidence-based child advocacy. Their ultimate goal is to provide leadership in initiatives promoting children's health, both locally and on a larger scale.


Official website here: www.luriechildrens.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% - Three-Star out of Four Star Rating

Pediatric Faculty Foundation Inc has received a solid Three-Star rating from Charity Navigator, reflecting an overall score of 81%. This score is derived solely from the Accountability & Finance category, indicating a strong emphasis on transparency and responsible financial practices within the organization. The foundation's commitment to maintaining a majority of independent board members and the absence of material asset diversions bolsters its financial integrity.

Among its organizational strengths, Pediatric Faculty Foundation Inc showcases a high program expense ratio of 98.68%, demonstrating that nearly all of its resources are directed towards its programs rather than administrative costs. It also meets all requirements for accountability policies, including conflict of interest and whistleblower protections, contributing to a robust governance structure. The foundation’s proactive measures in maintaining oversight of its financial statements and meeting minutes further enhance its credibility.

While the organization scored well in accountability and finance, the lack of additional ratings in other categories may indicate that it has room for growth in areas such as impact measurement or program effectiveness. Nonetheless, its strong financial practices and governance policies position it favorably among donors and stakeholders looking for trustworthy nonprofits.


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

Is Pediatric Faculty Foundation Inc legitimate?

Pediatric Faculty Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pediatric Faculty Foundation Inc 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: $1,124,570
Professional Fundraising Fees: $0
Other Salaries and Wages: $146,052,131

For more financial information, click here


Official website here: www.luriechildrens.org

What is the mission statement of Pediatric Faculty Foundation Inc?

The Pediatric Faculty Foundation Inc is dedicated to delivering high-quality healthcare to children through its team of pediatric medicine specialists and subspecialists. They prioritize excellence and innovation in both clinical and basic research, ensuring comprehensive patient care and ongoing physician education. The foundation is committed to advocating for children's health, both locally and internationally, and strives to provide leadership in initiatives that promote children's wellbeing. The Pediatric Faculty Foundation's mission encompasses a focus on research, patient care, education, and advocacy, with the ultimate goal of improving the health and wellbeing of children everywhere.


Official website here: www.luriechildrens.org

Who is the CEO of Pediatric Faculty Foundation Inc?

Unavailable The CEO's salary of Pediatric Faculty Foundation Inc is $0 and their total compensation is $2,234,530.


Official website here: www.luriechildrens.org

What is the revenue of Pediatric Faculty Foundation Inc?

Pediatric Faculty Foundation Inc's revenue in 2022 was $214,385,090.


Official website here: www.luriechildrens.org

Who are the executives of Pediatric Faculty Foundation Inc and what are their salaries?

The average compensation at Pediatric Faculty Foundation Inc during 2022 was $190,891. There are 771 employees and 3 volunteers at Pediatric Faculty Foundation Inc.


Here are 13 key members and their salaries (Pediatric Faculty Foundation Inc's CEO's salary is $0 and their total compensation is $2,234,530):


Matthew Davis Md (Ex-Off Dir/Pres/Chr Of Pediatr)
  • Compensation: $738,221
  • Related: $0
  • Other: $150,036
Thomas P Shanley Md (Ex-Officio Dir/President & Ceo Lch)
  • Compensation: $0
  • Related: $1,719,745
  • Other: $514,785
Douglas Vaughan Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Mcnally Md Phd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John J Greisch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brenda Davis (Interim Cfo)
  • Compensation: $0
  • Related: $299,219
  • Other: $26,552
Fatema Zanzi (Senior Vp, Chf Legal Officer)
  • Compensation: $0
  • Related: $683,437
  • Other: $109,102
Ron Blaustein (Chief Financial Officer Until 5/6/22)
  • Compensation: $0
  • Related: $855,364
  • Other: $196,021
Annette M Wagner Md (Physician)
  • Compensation: $559,747
  • Related: $0
  • Other: $68,903
Christine J Didonato Md (Physician)
  • Compensation: $550,926
  • Related: $0
  • Other: $13,480
Derek S Wheeler Md (Physician)
  • Compensation: $829,721
  • Related: $0
  • Other: $158,534
Kenneth M Brady Md (Physician)
  • Compensation: $636,018
  • Related: $0
  • Other: $90,271
Patrick Seed Md (Physician)
  • Compensation: $532,384
  • Related: $0
  • Other: $66,153


Official website here: www.luriechildrens.org

Where can I find the form 990 for Pediatric Faculty Foundation Inc?

Pediatric Faculty Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.luriechildrens.org

Learn more at the official website: www.luriechildrens.org

Mission Statement of Pediatric Faculty Foundation Inc

The Pediatric Faculty Foundation, Inc. is a pioneering organization that comprises a team of pediatric medicine specialists and subspecialists. These professionals dedicate themselves to delivering top-notch healthcare to children in their community. With a commitment to excellence and innovation, the Foundation focuses on clinical and basic research, coordinated patient care, ongoing physician education, and evidence-based child advocacy.

By valuing these key areas, the Pediatric Faculty Foundation aspires to lead initiatives that enhance the overall health and wellbeing of children not only locally but also nationally and internationally. The team's unwavering pursuit of excellence is reflected in their everyday work in hospitals and partner sites, providing essential medical care to children in need. The Foundation's objective is to be at the forefront of advancements in pediatric medicine, ensuring the best possible outcomes for young patients.

Moreover, the Pediatric Faculty Foundation is dedicated to fostering a culture of learning and growth among healthcare professionals. Ongoing physician education is a fundamental aspect of their mission, as they believe that continued learning and development are crucial for delivering the highest quality care to children. Additionally, the Foundation advocates for children's rights and wellbeing through evidence-based strategies, advocating for policies and initiatives that promote the health and welfare of children.

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Impact




October, 2024

Pediatric Faculty Foundation Inc plays a crucial role in enhancing the health and well-being of children by employing specialized pediatric medicine professionals who provide high-quality healthcare in the community. Their dedicated team of pediatric medicine specialists and subspecialists, practicing at Lurie Children's and partner sites, is committed to delivering coordinated and comprehensive patient care.

The foundation emphasizes excellence and innovation in both clinical and basic research, ensuring that their medical approaches are grounded in the latest scientific findings. Ongoing physician education is also a priority, which helps maintain a high standard of care and encourages continuous professional development.

By advocating for children and their health needs, Pediatric Faculty Foundation Inc leads initiatives that promote children's health not only in the local community but also on national and international levels. Their comprehensive approach integrates patient care, education, and advocacy, making a significant impact on the lives of children and their families.




This information is meant to be a general summary of Pediatric Faculty Foundation Inc. 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
$214,385,090 (2022)
Expenses
$242,311,911 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $186,336,911
  • Gross Receipts: $214,385,090

Assets and Liabilities:

  • Total Assets: $16,994,134
  • Total Liabilities: $41,190,833
  • Net Assets: -$24,196,699

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PATIENT SERVICE REVENUE

Revenue

$108,487,763

PHYS CONTRACT REVENUE

Revenue

$22,090,538

MEDICARE/MEDICAID PYMTS

Revenue

$27,321,815

MED ADMIN AND EDUCATION

Revenue

$14,269,057

PROF SVCS TO RSCH

Revenue

$14,167,738

Organization Details

Founding Year

1984

Main Address

225 E CHICAGO AVE BOX 282, CHICAGO, IL, 606112991

NTEE Category

Code: T30 - Philanthropy

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