Overview
What is The Children's Hospital Foundation Inc?
The Children's Hospital Foundation Inc, also known as Norton Children's Hospital Foundation, is a nonprofit organization located in Louisville, Kentucky. Their mission is to raise funds and award grants to Norton Children's Hospital and other affiliated organizations within Norton Healthcare. The contributions from this foundation support various pediatric programs, equipment, facilities, research, advocacy, and education. Norton Children's Hospital, the only full-service, free-standing pediatric hospital in Kentucky, significantly benefits from this support. The foundation enables the hospital to meet the unique medical needs of children, ranging from birth to age 18 and, in some cases, through adulthood. Major initiatives include health and wellness prevention programs, clinical research, workforce development, and community-based projects. In 2022, the foundation funded programs like the Norton Children's Prevention & Wellness team, a clinical research nurse at Norton Children's Cancer Institute, and the development of CAR T-cell therapy for high-risk childhood cancers, among others.
Official website here: www.nortonchildrens.com/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating 97% - Four-Star out of Four Star rating
The Children's Hospital Foundation Inc has received a Four-Star rating from Charity Navigator, reflecting an impressive score of 97%. This high rating is based entirely on its accountability and financial practices, demonstrating the organization's strong commitment to transparency and responsible management of resources.
Strengths highlighted in the evaluation include a fully independent board comprising 30 members, along with robust financial oversight practices. The organization has also established comprehensive policies related to conflict of interest, whistleblowing, and document retention, which contribute to its solid operational framework. Additionally, the foundation shows a strong program expense ratio of 71.75%, indicating that a significant portion of its funds directly supports its mission.
One notable aspect is the foundation's fundraising efficiency, which is commendable at $0.20 raised per dollar spent. The organization's low liabilities to assets ratio of 2.85% further indicates a stable financial position. Overall, The Children's Hospital Foundation Inc demonstrates strong accountability and effectiveness, making it a reliable choice for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is The Children's Hospital Foundation Inc legitimate?
The Children's Hospital Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Children's Hospital 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: $123,103
Professional Fundraising Fees: $520,823
Other Salaries and Wages: $1,594,725
For more financial information, click here
Official website here: www.nortonchildrens.com/foundation
What is the mission statement of The Children's Hospital Foundation Inc?
The Children's Hospital Foundation supports various organizations, including Norton Children's Hospital, by raising funds and awarding grants. These resources enable pediatric specialists to address the distinctive medical requirements of children, ranging from infancy to adulthood. Furthermore, the foundation contributes to the hospital's health and wellness prevention initiatives. By providing financial assistance, The Children's Hospital Foundation helps ensure that pediatric-related needs across affiliated organizations are met.
Official website here: www.nortonchildrens.com/foundation
Who is the CEO of The Children's Hospital Foundation Inc?
Unavailable The CEO's salary of The Children's Hospital Foundation Inc is $0 and their total compensation is $4,959,205.
Official website here: www.nortonchildrens.com/foundation
What is the revenue of The Children's Hospital Foundation Inc?
The Children's Hospital Foundation Inc's revenue in 2022 was $23,012,177.
Official website here: www.nortonchildrens.com/foundation
Who are the executives of The Children's Hospital Foundation Inc and what are their salaries?
The average compensation at The Children's Hospital Foundation Inc during 2022 was $50,524. There are 34 employees and 694 volunteers at The Children's Hospital Foundation Inc.
Here are 42 key members and their salaries (The Children's Hospital Foundation Inc's CEO's salary is $0 and their total compensation is $4,959,205):
- 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: $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: $535,504
- Other: $118,697
- 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: $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: $0
- Other: $0
- Compensation: $0
- Related: $1,039,507
- Other: $178,515
- Compensation: $0
- Related: $1,834,089
- Other: $133,598
- Compensation: $0
- Related: $1,116,031
- Other: $90,244
- Compensation: $0
- Related: $4,778,102
- Other: $181,103
- Compensation: $354,827
- Related: $290,754
- Other: $115,005
- Compensation: $108,954
- Related: $68,433
- Other: $20,928
- Compensation: $91,892
- Related: $15,360
- Other: $11,968
- Compensation: $180,428
- Related: $37,257
- Other: $37,236
- Compensation: $111,045
- Related: $19,211
- Other: $19,942
- Compensation: $138,622
- Related: $21,859
- Other: $23,832
Official website here: www.nortonchildrens.com/foundation
Where can I find the form 990 for The Children's Hospital Foundation Inc?
The Children's Hospital Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nortonchildrens.com/foundation
Learn more at the official website: www.nortonchildrens.com/foundation
Mission Statement of The Children's Hospital Foundation Inc
The Children's Hospital Foundation, a prominent nonprofit organization, is dedicated to raising funds and granting resources to Norton Children's Hospital and affiliated organizations under Norton Healthcare. By doing so, the Foundation enables pediatric specialists at Norton Children's Hospital to address the distinctive medical requirements of children from infancy through adolescence, and in some instances, adulthood.
Moreover, the Foundation's support extends to the hospital's health and wellness prevention initiatives, ensuring that children receive comprehensive care. Furthermore, it caters to any pediatric-related needs of other organizations affiliated with Norton Healthcare, underscoring its commitment to enhancing childcare services. With its unwavering dedication, The Children's Hospital Foundation empowers healthcare professionals to deliver exceptional care and ultimately improve the lives of countless children.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Children's Hospital Foundation Inc significantly impacts pediatric healthcare in Greater Louisville by raising essential funds and awarding grants to Norton Children's Hospital and its affiliated organizations. This support ensures that Kentucky's only full-service, free-standing pediatric hospital can effectively address the diverse medical needs of children from birth to age 18, often allowing them to receive care close to home.
In 2022, the foundation funded critical programs such as the Norton Children's Prevention & Wellness team, which engages in community education and outreach initiatives like No Kid Hungry. It also supported clinical research endeavors at the Norton Children's Cancer Institute, specializing in advanced therapies for childhood cancers, and provided resources for the Wendy Novak Diabetes Center, fostering specialized healthcare for children with diabetes.
The foundation's contributions extend to community services, including the establishment of food pantries, a Community Based Doula Program, and specialized support for autism through programs like Heal Dog Heal. By prioritizing the unique health needs of children and investing in research, education, and community health initiatives, The Children's Hospital Foundation plays a vital role in enhancing pediatric care and promoting wellness throughout the region.
This information is meant to be a general summary of The Children's Hospital 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,854,188
- Gross Receipts: $36,289,763
Assets and Liabilities:
- Total Assets: $116,613,847
- Total Liabilities: $3,330,834
- Net Assets: $113,283,013
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1962
Phone
(502) 629-3409Main Address
Accounting 224 E BROADWAY 5TH FLOOR, LOUISVILLE, KY, 40202
NTEE Category
Code: E110 - Health
If you are a representative of The Children's Hospital Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.