Shriners Hospitals For Children
- Assets
- $10.8b
- Revenue
- $1.1b
- Investments
- $352.6m
- Employees
- 5,687
- Location
- Tampa, FL
- Founding
- 03/1937
- Data as of
- 12/2023
- EIN
- 36-2193608
Organization Overview
Shriners Hospitals For Children is located in Tampa, FL. The organization was established in 1937. According to its NTEE Classification (E24) the organization is classified as: Specialty Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2023, Shriners Hospitals For Children employed 5,687 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shriners Hospitals For Children 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 12/2023, Shriners Hospitals For Children generated $1.1b in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $1.0b during the year ending 12/2023. While expenses have increased by 5.1% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Shriners Hospitals For Children has awarded 29 individual grants totaling $212,507,363. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
WE OFFER FAMILY-CENTERED PEDIATRIC SPECIALTY CARE REGARDLESS OF FAMILIES' ABILITY TO PAY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STATE-OF-THE-ART MEDICAL CARE:SHRINERS HOSPITALS FOR CHILDREN, COMPRISED OF A NETWORK OF HOSPITALS (SEE SCHEDULE R), SERVES 179 COUNTRIES, TREATING MORE THAN 150,000 UNIQUE CHILDREN EACH YEAR. OUR ORGANIZATIONAL MISSION IS TO PROVIDE THE HIGHEST QUALITY OF CARE TO CHILDREN WITHIN A COMPASSIONATE, FAMILY-CENTERED AND COLLABORATIVE CARE ENVIRONMENT. OUR TEAM OF HIGHLY-SKILLED MEDICAL PROFESSIONALS ARE AMONG SOME OF THE MOST RECOGNIZED INDIVIDUALS IN THE FIELDS OF PEDIATRIC BURN CARE AND PEDIATRIC ORTHOPEDIC CARE. CONTINUED ON SCHEDULE O OUR SPECIALIZED CARE EXTENDS BEYOND THE CONVENTIONAL WALLS OF THE HOSPITAL. SHRINERS HOSPITALS FOR CHILDREN ALSO SEEKS TO DELIVER CARE TO THOSE INTERNATIONALLY THROUGH OUR TELEHEALTH PROGRAM, WHICH ALLOWS PATIENTS TO RECEIVE OUR WRAP-AROUND CARE VIA VIDEO CONFERENCING. WE ALSO STRIVE TO HELP THOSE IN NEED - ESPECIALLY WHEN DISASTER STRIKES.
RESEARCH:SHRINERS HOSPITALS FOR CHILDREN PRIDES ITSELF ON THE WRAP-AROUND CARE THAT IT PROVIDES TO PATIENTS AND FAMILIES. AS A HEALTH CARE SYSTEM WITH 20 LOCATIONS IN THE U.S., CANADA AND MEXICO (16 OPERATED BY THIS ORGANIZATION), OUR STAFF IS DEDICATED TO IMPROVING THE LIVES OF CHILDREN BY PROVIDING PEDIATRIC SPECIALTY CARE, CONDUCTING INNOVATIVE RESEARCH, AND OFFERING OUTSTANDING TEACHING PROGRAMS FOR MEDICAL PROFESSIONALS. CONTINUED ON SCHEDULE OOUR RESEARCH TEAM IS AMONG THE MOST HIGHLY RENOWNED, GAINING NATIONAL RECOGNITION FOR CLINICAL AND TRANSLATIONAL RESEARCH. SIX (6) SHC LOCATIONS ARE MAJOR RESEARCH HOSPITALS (FIVE (5) OPERATED BY THIS ORGANIZATION), WORKING TO DEVELOP NOVEL THERAPIES AND TECHNOLOGIES WITHIN THE MEDICAL COMMUNITY. WE ALSO PERFORM GENOME SEQUENCING OF PATIENT AND FAMILY SAMPLES COLLECTED AT OUR NORTH AMERICAN AND INTERNATIONAL OUTREACH LOCATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James E Stolze Jr Chairman Of The Board | OfficerTrustee | 5 | $0 |
Jerry G Gantt President | OfficerTrustee | 9 | $18,000 |
Richard G Burke 1st Vice President | OfficerTrustee | 5 | $0 |
Kevin R Costello 2nd Vice President | OfficerTrustee | 5 | $0 |
Brad T Koehn Treasurer | OfficerTrustee | 12 | $0 |
Lawrence J Leib Secretary | OfficerTrustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Bonni Burns-schuette Marketing | 12/30/23 | $27,510,110 |
Uc Regents Uc Davis Medical Center Medical Services | 12/30/23 | $12,465,281 |
Forney Construction General Contractor | 12/30/23 | $10,392,472 |
Cx Marketing Llc Marketing | 12/30/23 | $12,230,000 |
The University Of Texas Medical Branch Medical Services | 12/30/23 | $10,129,004 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $862,218 |
| Fundraising events | $1,524,643 |
| Related organizations | $0 |
| Government grants | $16,803,203 |
| All other contributions, gifts, grants, and similar amounts not included above | $531,423,262 |
| Noncash contributions included in lines 1a–1f | $5,280,668 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $550,613,326 |
| Total Program Service Revenue | $150,487,835 |
| Investment income | $206,131,722 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $220,213 |
| Net Rental Income | $18,173,703 |
| Net Gain/Loss on Asset Sales | $180,053,649 |
| Net Income from Fundraising Events | -$5,464,500 |
| Net Income from Gaming Activities | $13,784 |
| Net Income from Sales of Inventory | $12,988 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,106,846,145 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $16,423,430 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $28,015,130 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,100,708 |
| Compensation of current officers, directors, key employees. | $203,293 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $358,444,804 |
| Pension plan accruals and contributions | $30,300,071 |
| Other employee benefits | $48,569,329 |
| Payroll taxes | $23,650,668 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $22,784,199 |
| Fees for services: Investment Management | $15,251,365 |
| Fees for services: Other | $203,200,336 |
| Advertising and promotion | $67,952,648 |
| Office expenses | $20,684,202 |
| Information technology | $28,295,467 |
| Royalties | $0 |
| Occupancy | $16,431,888 |
| Travel | $6,473,981 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,798,102 |
| Interest | $772,241 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $43,750,781 |
| Insurance | $6,971,652 |
| All other expenses | $5,875,102 |
| Total functional expenses | $1,035,044,060 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,148,063 |
| Savings and temporary cash investments | $23,063,066 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $42,239,136 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $10,390,655 |
| Prepaid expenses and deferred charges | $42,477,991 |
| Net Land, buildings, and equipment | $526,463,000 |
| Investments—publicly traded securities | $8,343,779,654 |
| Investments—other securities | $352,566,346 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,491,608,005 |
| Total assets | $10,833,735,916 |
| Accounts payable and accrued expenses | $112,267,059 |
| Grants payable | $0 |
| Deferred revenue | $1,052,432 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $43,504,418 |
| 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 | $629,774,677 |
| Total liabilities | $786,598,586 |
| Net assets without donor restrictions | $8,619,945,330 |
| Net assets with donor restrictions | $1,427,192,000 |
| 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 | $10,833,735,916 |
Grants Awarded
Over the last fiscal year, Shriners Hospitals For Children has awarded $16,416,687 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
THE SHRINERS HOSPITAL FOR CHILDREN PURPOSE: TO PROVIDE FUNDS FOR PATIENTS NEEDS AT THE TWO SHRINERS HOSPITALS FOR CHILDREN IN MASSACHUSETTS, WHICH INCLUDE EMPLOYEES' SALARIES, MEDICAL SUPPLIES, AND OTHER NECESSARY EXPENSES. | $15,877,687 |
UNIVERSITY OF FLORIDA FOUNDATION PURPOSE: ENDOWMENT FOR FELLOWSHIP OF PEDIATRIC ORTHOPEDICS | $500,000 |
PEDIATRIC ORTHOPAEDIC SOCIETY OF NORTH AMERICA PURPOSE: IPOS SPONSHORSHIP (PEDIATRIC & ADOLESCENT ORTHOPAEDIC CONDITIONS) | $29,000 |
AMERICAN SOCIETY FOR SURGERY OF THE HAND PURPOSE: 78TH ANNUAL MEETING SUPPORT | $10,000 |