Overview
What is Ann & Robert H Lurie Children's Hospital Of Chicago Foundation?
The Ann & Robert H Lurie Children's Hospital of Chicago Foundation is a Chicago-based nonprofit organization dedicated to raising funds for the Children's Hospital of Chicago Medical Center. Its mission is to optimize philanthropy, contributing significantly to the hospital's mission and future. By leveraging donations and resources, the foundation supports the Children's Hospital of Chicago Medical Center in achieving its goals.
Official website here: www.luriechildrens.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 63%)
The Ann & Robert H. Lurie Children's Hospital Of Chicago Foundation has received a two-star rating from Charity Navigator, indicating that while it maintains a strong accountability and finance score of 100%, there are notable concerns regarding its financial health. The organization has a high percentage of independent board members and adheres to key governance policies, which demonstrates a commitment to transparency and ethical practices.
Despite these strengths, the foundation's financial metrics raise red flags. A liabilities to assets ratio of 191.36% and a working capital ratio of -0.02 years suggest potential financial instability. Additionally, the absence of reported CEO compensation and the process for determining it further detracts from its overall rating, indicating areas where the organization could improve its financial reporting and transparency.
Overall, while the foundation displays robust governance practices, significant financial challenges and reporting gaps may warrant caution for potential donors and stakeholders who value both accountability and financial health in nonprofits.
This AI summary has been generated from information found on Charity Navigator.
Is Ann & Robert H Lurie Children's Hospital Of Chicago Foundation legitimate?
Ann & Robert H Lurie Children's Hospital Of Chicago Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ann & Robert H Lurie Children's Hospital Of Chicago 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: $1,543,071
Other Salaries and Wages: $9,915,878
For more financial information, click here
Official website here: www.luriechildrens.org
What is the mission statement of Ann & Robert H Lurie Children's Hospital Of Chicago Foundation?
The Ann & Robert H Lurie Children's Hospital Foundation aims to maximize philanthropic efforts in support of the mission and future development of a renowned children's hospital. By optimizing charitable contributions, the foundation plays a crucial role in advancing the hospital's cause. The foundation's commitment is geared towards enhancing the hospital's capacity to provide exceptional care and services for children. Through fundraising initiatives, the organization secures essential resources to support the hospital's ongoing operations and growth. The foundation's mission underscores its dedication to making a positive impact on the lives of young patients and their families.
Official website here: www.luriechildrens.org
Who is the CEO of Ann & Robert H Lurie Children's Hospital Of Chicago Foundation?
Unavailable The CEO's salary of Ann & Robert H Lurie Children's Hospital Of Chicago Foundation is $0 and their total compensation is $2,234,530.
Official website here: www.luriechildrens.org
What is the revenue of Ann & Robert H Lurie Children's Hospital Of Chicago Foundation?
Ann & Robert H Lurie Children's Hospital Of Chicago Foundation's revenue in 2022 was $79,078,678.
Official website here: www.luriechildrens.org
Who are the executives of Ann & Robert H Lurie Children's Hospital Of Chicago Foundation and what are their salaries?
There 573 volunteers at Ann & Robert H Lurie Children's Hospital Of Chicago Foundation.
Here are 103 key members and their salaries (Ann & Robert H Lurie Children's Hospital Of Chicago Foundation's CEO's salary is $0 and their total compensation is $2,234,530):
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- Other: $196,021
Official website here: www.luriechildrens.org
Where can I find the form 990 for Ann & Robert H Lurie Children's Hospital Of Chicago Foundation?
Ann & Robert H Lurie Children's Hospital Of Chicago Foundation'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 Ann & Robert H Lurie Children's Hospital Of Chicago Foundation
Ann & Robert H Lurie Children's Hospital of Chicago Foundation is a philanthropic organization dedicated to raising funds in support of the mission and future of the Children's Hospital of Chicago Medical Center. In simple terms, its mission is to optimize charitable giving towards the mission and growth of the esteemed pediatric hospital. The foundation plays a pivotal role in securing financial resources necessary to advance the hospital's vision and improve the lives of countless children.
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Impact
October, 2024
The Ann & Robert H Lurie Children's Hospital of Chicago Foundation plays a crucial role in enhancing the capabilities and reach of the Children’s Hospital of Chicago Medical Center. By optimizing philanthropy, the foundation raises vital funds that support various initiatives, programs, and services aimed at improving pediatric health care. This impact is evident in the advancement of medical research, the development of innovative treatments, and the provision of vital resources that ensure children receive exceptional care.
Through strategic fundraising efforts, the foundation enables the hospital to invest in state-of-the-art technologies and facilities that enhance patient experience and outcomes. It also supports community outreach and education programs, increasing access to healthcare resources for families in need. Overall, the foundation’s commitment to philanthropy directly influences the quality of care provided at the hospital, fostering a healthier future for children in Chicago and beyond.
This information is meant to be a general summary of Ann & Robert H Lurie Children's Hospital Of Chicago 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.
- Gross Receipts: $81,080,778
Assets and Liabilities:
- Total Assets: $878,691
- Total Liabilities: $3,337,370
- Net Assets: -$2,458,679
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Organization Details
Founding Year
1984
Phone
(312) 227-7133Main Address
225 E CHICAGO AVE BOX 282, CHICAGO, IL, 606112991
Website
www.luriechildrens.orgNTEE Category
Code: E110 - Health
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