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Children's Hospital And Healthcare Services Foundation

Children'S Hospital Foundation

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

EIN: 510220692 ✦ Richmond, VA ✦ Designated as a 501(c)(3)

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Overview

What is Children's Hospital And Healthcare Services Foundation?

Children's Hospital and Healthcare Services Foundation is a nonprofit organization located in Richmond, Virginia. Its mission is to raise funds and advocate for pediatric initiatives that enhance the healthcare and overall well-being of children in the region. The foundation supports the Children's Hospital and pediatric services at Virginia Commonwealth University Health System Authority, collectively known as Children's Hospital of Richmond. Through financial contributions and fundraising activities, the organization aims to improve the health and welfare of children in the community. The foundation has a team of 23 employees dedicated to this cause.


Official website here: www.chfrichmond.org

What are the reviews and ratings of this charity?

94% Rating from Charity Navigator

Children's Hospital and Healthcare Services Foundation has received a Four-Star out of Four Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. With a score of 83% in Accountability & Finance and 17% in Culture & Community, the organization demonstrates exemplary governance practices, including a fully independent board and robust financial oversight mechanisms.

The organization excels in several key areas, such as having no material diversion of assets and maintaining a high program expense ratio of 71.45%, indicating that a significant portion of its resources is directed towards its programs rather than administrative costs. Additionally, its practices around feedback collection and usage are rated at 100%, showing a strong commitment to community engagement and responsiveness.

However, while the organization has strong equity strategies with a high number of policies and practices, there is room for improvement in equity data, scoring only 4 out of 7. This suggests that while the foundation is performing well in certain areas, it could enhance its overall effectiveness by further developing its equity-related data strategies.


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

Is Children's Hospital And Healthcare Services Foundation legitimate?

Children's Hospital And Healthcare Services Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Children's Hospital And Healthcare Services 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: $505,167
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,616,210

For more financial information, click here


Official website here: www.chfrichmond.org

What is the mission statement of Children's Hospital And Healthcare Services Foundation?

The Children's Hospital and Healthcare Services Foundation works towards enhancing pediatric initiatives that improve the standard of healthcare and overall well-being of children. Through fundraising activities and financial support, this organization prioritizes its efforts on the Children's Hospital and pediatric services at Virginia Commonwealth University Health System Authority, collectively referred to as Children's Hospital of Richmond. The primary focus of the foundation is to contribute financially to these institutions and advocate for children's health and general welfare.


Official website here: www.chfrichmond.org

Who is the CEO of Children's Hospital And Healthcare Services Foundation?

Lisa Brown is the Chairman of Children's Hospital And Healthcare Services Foundation. The CEO's salary of Children's Hospital And Healthcare Services Foundation is $222,900 and their total compensation is $254,092.


Official website here: www.chfrichmond.org

What is the revenue of Children's Hospital And Healthcare Services Foundation?

Children's Hospital And Healthcare Services Foundation's revenue in 2022 was $70,265,641.


Official website here: www.chfrichmond.org

Who are the executives of Children's Hospital And Healthcare Services Foundation and what are their salaries?

The average compensation at Children's Hospital And Healthcare Services Foundation during 2022 was $92,234. There are 23 employees at Children's Hospital And Healthcare Services Foundation.


Here are 13 key members and their salaries (Children's Hospital And Healthcare Services Foundation's CEO's salary is $222,900 and their total compensation is $254,092):


Coleman Wortham Iii (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
J Richard Tashjian (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather Hewitt Daniel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
George C Freeman Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erin Jewett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Henry L Valentine Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauren Z Moore (President & Ceo)
  • Compensation: $222,900
  • Related: $0
  • Other: $31,192
James Deyarmin (Cfo - Thru 12/21)
  • Compensation: $198,758
  • Related: $0
  • Other: $30,478
Lisa Brown (Cfo - Begin 11/21)
  • Compensation: $16,849
  • Related: $0
  • Other: $20,556
Emily Toalson (Director Of Major Gifts)
  • Compensation: $121,073
  • Related: $0
  • Other: $24,441
Mary Ann Coyle (Director Of Advancement Services)
  • Compensation: $111,886
  • Related: $0
  • Other: $19,096
Matthew Brady (Vp Communications & Donor Relations)
  • Compensation: $104,260
  • Related: $0
  • Other: $19,312
Carrie Bickford (Vp For Development)
  • Compensation: $118,620
  • Related: $0
  • Other: $26,127


Official website here: www.chfrichmond.org

Where can I find the form 990 for Children's Hospital And Healthcare Services Foundation?

Children's Hospital And Healthcare Services Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.chfrichmond.org

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

Mission Statement of Children's Hospital And Healthcare Services Foundation

Children's Hospital and Healthcare Services Foundation is a nonprofit organization that is dedicated to funding and advocating for pediatric initiatives that enhance the status of healthcare and improve the quality of life for children in the region. The Foundation supports Children's Hospital and pediatric services at Virginia Commonwealth University Health System Authority, collectively known as Children's Hospital of Richmond, through financial contributions and fundraising activities. By focusing primarily on providing financial assistance to this institution, the Foundation plays a crucial role in advancing the health and general wellbeing of children.

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Impact




October, 2024

Children's Hospital and Healthcare Services Foundation plays a crucial role in enhancing pediatric healthcare and improving the quality of life for children in the Richmond, VA area. By funding and advocating for pediatric initiatives, the foundation significantly impacts the health status of children in the region.

Through grant provision to tax-exempt organizations, the foundation supports various initiatives that directly benefit the health and well-being of local residents, especially children. This financial backing enables programs and services that address vital health needs, ensuring that children receive the care and resources they require to thrive.

The foundation's dedication to financial support encompasses a strong focus on the Children's Hospital and pediatric services at Virginia Commonwealth University Health System Authority. By collaborating with healthcare providers, the foundation enhances access to essential medical services and fosters improved healthcare outcomes.

In summary, Children's Hospital and Healthcare Services Foundation is instrumental in advocating for and funding initiatives that elevate pediatric healthcare, ensuring a brighter and healthier future for children in the community.




This information is meant to be a general summary of Children's Hospital And Healthcare Services 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
$70,265,641 (2022)
Expenses
$20,985,402 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $59,754,992
  • Gross Receipts: $227,533,973

Assets and Liabilities:

  • Total Assets: $253,228,925
  • Total Liabilities: $3,191,296
  • Net Assets: $250,037,629

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Organization Details

Founding Year

1978

Principal Officer

Lisa Brown

Main Address

BOX 980693, RICHMOND, VA, 232980693

NTEE Category

Code: E11 - Health

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