Children's Hospital Employees Foundation Council
- Assets
- $0.0
- Revenue
- $196.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Akron, OH
- Founding
- 12/1968
- Data as of
- 12/2019
- EIN
- 34-6610801
Organization Overview
Children's Hospital Employees Foundation Council is located in Akron, OH. The organization was established in 1968. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. Children's Hospital Employees Foundation Council is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2019, Children's Hospital Employees Foundation Council generated $196.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (4.6%) each year. All expenses for the organization totaled $238.6k during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Children's Hospital Employees Foundation Council has awarded 14 individual grants totaling $454,111. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2019
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHILDREN'S HOSPITAL EMPLOYEES FOUNDATION IS A NOT FOR PROFIT ORGANIZATION ORGANIZED, RUN AND SUPPORTED BY THE EMPLOYEES OF CHILDREN'S HOSPITAL MEDICAL CENTER OF AKRON ("CHILDREN'S"). THE FOUNDATION SOLICITS AND RAISES FUNDS FROM CHILDREN'S EMPLOYEES. THE FUNDS RAISED ARE THEN DISTRIBUTED TO THE NOT FOR PROFIT ORGANIZATIONS THAT CHILDREN'S SERVES BASED ON THE RECOMMENDATIONS OF CHILDREN'S EMPLOYEES. FUNDS RAISED ARE ALSO USED TO AWARD SCHOLARSHIPS TO DESERVING DEPENDENT CHILDREN OF CHILDREN'S EMPLOYEES TO AIDE THEM IN ACHIEVING THEIR CAREER GOALS THROUGH HIGHER EDUCATION PROGRAMS. THE GRANTS PAID BY THE FOUNDATION PROVIDED SUPPORT TO OVER 200 VARIOUS LOCAL AND NOT-FOR-PROFIT CHARITIES. MEMBERS OF THE BOARD ARE EMPLOYEES OF CHILDREN'S HOSPITAL MEDICAL CENTER OF AKRON. MEMBERS OF THE BOARD ARE EMPLOYEES OF CHILDREN'S AND RECEIVE NO ADDITIONAL COMPENSATION FOR THEIR SERVICES ON THE FOUNDATION BOARD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Gardner-Hill Chairman | OfficerTrustee | 4 | $0 |
Tamara Mulkey Secretary | OfficerTrustee | 4 | $0 |
Melissa Krager Co-Chair | OfficerTrustee | 4 | $0 |
Patricia Thorp Vice-Treasurer | OfficerTrustee | 4 | $0 |
Kimberly Catazaroo Treasurer | OfficerTrustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $96,798 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $202,541 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $299,339 |
| Total Program Service Revenue | $0 |
| Investment income | $627 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$103,177 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $196,789 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $219,996 |
| Grants and other assistance to domestic individuals. | $18,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $556 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $238,552 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $0 |
Grants Awarded
Over the last fiscal year, Children's Hospital Employees Foundation Council has awarded $57,541 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
AKRON CHILDREN'S HOSPITAL FOUNDATION PURPOSE: TO FURTHER THE ORGANIZATION'S MISSION | $13,177 |
UNITED WAY OF SUMMIT COUNTY PURPOSE: TO FURTHER THE ORGANIZATION'S MISSION | $37,364 |
AKRON CANTON FOODBANK PURPOSE: TO FURTHER THE ORGANIZATION'S MISSION | $7,000 |