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Children's Hospital Foundation

Children'S National 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: 521640402 ✦ Washington, DC ✦ Designated as a 501(c)(3)

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Overview

What is Children's Hospital Foundation?

Children's Hospital Foundation, also known as Children's National Hospital Foundation, is a charitable organization based in Washington, D.C. It functions as the fundraising arm for Children's National medical center, providing essential support for top-tier pediatric care and research in the United States. The Foundation's mission is to enhance the lives of the nation's children by raising funds for Children's National medical center. Through its efforts, the foundation ensures access to world-class healthcare and research for children in need.


Official website here: www.childrensnational.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 91% - Four-Star out of Four Stars

Children's Hospital Foundation has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization boasts high scores in leadership and adaptability, alongside a perfect score in culture and community, indicating a robust commitment to its mission and community involvement.

The foundation demonstrates effective financial management with a program expense ratio of 61.63% and a fundraising efficiency ratio of $0.16, suggesting that a significant portion of its funds is directed toward programs. The organization also has a healthy working capital ratio of 12.68 years, indicating stability and the ability to sustain operations over time. An independent board with a majority of members ensures governance integrity, complemented by comprehensive policies for conflict resolution and whistleblowing.

However, there are some areas for improvement, particularly regarding transparency, as the foundation has not posted its tax forms and audit on its website. Additionally, the absence of a donor privacy policy could raise concerns among supporters about how their information is handled. Overall, while the foundation scores highly in various metrics of accountability, enhancing transparency could solidify its reputation further.


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

Is Children's Hospital Foundation legitimate?

Children's Hospital Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. 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: $611,394
Professional Fundraising Fees: $1,540,340
Other Salaries and Wages: $10,792,869

For more financial information, click here


Official website here: www.childrensnational.org

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

The Children's Hospital Foundation is dedicated to advancing the care and research for children across the nation. Serving as the fundraising arm for Children's National Medical Center, the Foundation plays a crucial role in supporting world-class healthcare services for children. Their mission is geared towards making a significant impact on the lives of children by providing them with access to top-tier medical care and cutting-edge research. The Foundation's efforts contribute to the overall well-being and future health of young individuals, ensuring they receive the best possible care for their unique needs.


Official website here: www.childrensnational.org

Who is the CEO of Children's Hospital Foundation?

Kurt Douglas Newman Md is the Principal Officer of Children's Hospital Foundation. The CEO's salary of Children's Hospital Foundation is $0 and their total compensation is $5,420,064.


Official website here: www.childrensnational.org

What is the revenue of Children's Hospital Foundation?

Children's Hospital Foundation's revenue in 2022 was $111,153,608.


Official website here: www.childrensnational.org

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

There 530 volunteers at Children's Hospital Foundation.


Here are 18 key members and their salaries (Children's Hospital Foundation's CEO's salary is $0 and their total compensation is $5,420,064):


Kurt D Newman Md (President / Ceo (Cnmc))
  • Compensation: $0
  • Related: $5,370,150
  • Other: $49,914
Amy Baier (Board Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mae H Grennan (Board Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brigg Bunker (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jean-Marie Fernandez (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Lloyd (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carrie Marriott (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jimmy Reyes (Board Member From 07/21)
  • Compensation: $0
  • Related: $0
  • Other: $0
Horacio Rozanski (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauren Talarico-Cohen Dvm (Board Member From 07/21)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aldwin Lindsay (Evp/Cfo)
  • Compensation: $0
  • Related: $901,152
  • Other: $117,820
Mary Anne Hilliard (Board Secretary)
  • Compensation: $0
  • Related: $851,023
  • Other: $114,077
Deann Marshall (President Of Foundation)
  • Compensation: $0
  • Related: $987,760
  • Other: $48,213
Jessica L Miley (Foundation Vice President)
  • Compensation: $0
  • Related: $530,676
  • Other: $28,633
Julie S Butler (Vp Of Development)
  • Compensation: $0
  • Related: $313,789
  • Other: $38,630
Leslie Schrader (Chief Marketing & Comm. Officer)
  • Compensation: $0
  • Related: $310,236
  • Other: $38,111
Amy E Hauser (Avp Annual & Planned Giving)
  • Compensation: $0
  • Related: $274,631
  • Other: $29,595
Armin Doroudian (Avp Biz. Intel & Data Science)
  • Compensation: $0
  • Related: $266,913
  • Other: $5,282


Official website here: www.childrensnational.org

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

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


Official website here: www.childrensnational.org

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

Mission Statement of Children's Hospital Foundation

Children's Hospital Foundation, a renowned organization, is dedicated to supporting exceptional care and groundbreaking research for children across the nation. This foundation functions as the fundraising arm for Children's National Medical Center, showcasing its unwavering commitment to enhancing the lives of young patients. By providing financial resources, Children's Hospital Foundation enables the delivery of world-class healthcare services and scientific discoveries to children in need. Through its unyielding efforts, the foundation upholds the mission of Children's National Medical Center, ensuring that every child receives the best possible care and attention.

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Impact




October, 2024

Children's Hospital Foundation has a profound impact on the health and well-being of children in the nation. By supporting world-class care and groundbreaking research, the Foundation plays a critical role in ensuring that Children's National Medical Center in Washington, DC, continues to provide exceptional medical services to young patients. Through its fundraising efforts, the Foundation enables the hospital to advance innovative treatments and establish programs that meet the unique needs of children.

This commitment to excellence not only enhances patient care but also contributes to the development of new medical insights that can benefit children across the country. By investing in both immediate health solutions and long-term research initiatives, Children's Hospital Foundation is shaping the future of pediatric medicine, ensuring a healthier generation of children.




This information is meant to be a general summary of 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.

Revenue
$111,153,608 (2022)
Expenses
$69,037,221 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $30,372,896
  • Gross Receipts: $208,132,373

Assets and Liabilities:

  • Total Assets: $689,362,489
  • Total Liabilities: $1,374,342
  • Net Assets: $687,988,147

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Organization Details

Founding Year

1989

Principal Officer

Kurt Douglas Newman Md

Main Address

111 MICHIGAN AVENUE NW, WASHINGTON, DC, 20010

NTEE Category

Code: E120 - Health

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