Overview
What is Children's Medical Center Foundation?
Children's Medical Center Foundation is a nonprofit organization based in Dallas, Texas, committed to promoting health and advancing education under IRC Section 501(c)(3). Their primary goal is to secure philanthropic contributions for Children's Health System of Texas and its affiliated entities, enabling them to enhance the lives of children by upholding their guiding principles: quality care, research and innovation, education and advocacy, and excellence and accountability. The Foundation manages and invests contributed funds, making transfers to Children's Health System of Texas for the pursuit of its tax-exempt mission.
Official website here: www.give.childrens.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% - Four-Star out of Four Star rating from Charity Navigator.
The Children's Medical Center Foundation has achieved an impressive Four-Star rating, reflecting its strong performance in accountability and finance, with a score of 91%. The organization showcases a high level of governance, featuring a board comprised of 98% independent members, which helps ensure transparent operations. Their financial practices are robust, with no instances of material diversion of assets and strong oversight on financial statements.
The foundation excels in program impact, notably receiving a perfect score of 100 for its impact and measurement efforts, particularly highlighted by its Dental Clinic program that served 10,000 beneficiaries in a recent evaluation period. With a program expense ratio of approximately 68%, the organization effectively allocates a significant portion of its budget towards direct service delivery, further enhancing its role in community health.
Despite its many strengths, the organization’s program expense ratio is slightly below ideal, indicating room for improvement in maximizing program spending relative to total expenses. However, the overall financial health appears solid, with a low liabilities to assets ratio and high fundraising efficiency, ensuring that donations are well managed and effectively utilized.
This AI summary has been generated from information found on Charity Navigator.
Is Children's Medical Center Foundation legitimate?
Children's Medical Center Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Children's Medical Center 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: $391,410
Other Salaries and Wages: $10,137,273
For more financial information, click here
Official website here: www.give.childrens.com
What is the mission statement of Children's Medical Center Foundation?
The Children's Medical Center Foundation is dedicated to securing philanthropic donations to support Children's Health System of Texas and its related entities. By doing so, they help these organizations improve the lives of children in line with their charitable objectives, as outlined under IRC Section 501(c)(3). The Foundation shares the guiding principles of Children's Health, which include quality care, research, education, advocacy, excellence, and accountability. Through the solicitation and management of contributions, the Foundation channels funds to Children's Health System of Texas and its affiliated non-profit entities to enable them to carry out their mission of enhancing children's wellbeing.
Official website here: www.give.childrens.com
Who is the CEO of Children's Medical Center Foundation?
Unavailable
Official website here: www.give.childrens.com
What is the revenue of Children's Medical Center Foundation?
Children's Medical Center Foundation's revenue in 2022 was $113,845,493.
Official website here: www.give.childrens.com
Who are the executives of Children's Medical Center Foundation and what are their salaries?
There 1550 volunteers at Children's Medical Center Foundation.
Here are 107 key members and their salaries:
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Official website here: www.give.childrens.com
Where can I find the form 990 for Children's Medical Center Foundation?
Children's Medical Center Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.give.childrens.com
Learn more at the official website: www.give.childrens.com
Mission Statement of Children's Medical Center Foundation
Children's Medical Center Foundation is a non-profit organization dedicated to raising funds to support the mission of Children's Health System of Texas and its related entities. The Foundation's primary goal is to make life better for children by securing philanthropic contributions and enabling these organizations to fulfill their charitable purposes.
Operating under the guidelines of IRC Section 501(c)(3), Children's Medical Center Foundation focuses on the promotion of health and the advancement of education. To accomplish this, the Foundation solicits and manages donations, which are then transferred to Children's Health System of Texas and its affiliated 501(c)(3) entities. These organizations are committed to upholding guiding principles such as quality care, research and innovation, education and advocacy, excellence and accountability, in their efforts to improve children's lives.
Children's Medical Center Foundation acts as a vital funding partner, allowing the supported organizations to continue providing essential services. By pursuing philanthropic contributions, the Foundation directly contributes to the vital work of Children's Health System of Texas and its affiliated entities, ultimately enhancing their ability to make a positive impact on the lives of children.
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Impact
October, 2024
Children's Medical Center Foundation significantly enhances the lives of children and their families by securing vital philanthropic contributions that support the Children's Health System of Texas. These contributions enable the organization to deliver high-quality health care, foster research and innovation, and provide essential education and advocacy programs.
By focusing on the mission of making life better for children, the Foundation actively promotes health and advances educational initiatives. It ensures that funds are effectively managed and allocated, thereby empowering the Children's Health System to uphold its guiding principles of excellence, accountability, and quality care.
Through its dedicated efforts, the Foundation not only strengthens the capabilities of the health system but also enriches the community's support for children's health, ultimately leading to improved outcomes for young patients and their families across Texas.
This information is meant to be a general summary of Children's Medical Center 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.
- Investment Income: $69,695,027
- Gross Receipts: $113,857,458
Assets and Liabilities:
- Total Assets: $2,130,166,299
- Total Liabilities: $14,370,260
- Net Assets: $2,115,796,039
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Organization Details
Founding Year
1985
Phone
(214) 456-7000Main Address
1935 Medical District Drive, Dallas, TX, 75235
Website
www.give.childrens.comNTEE Category
Code: E11 - Health
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