Ronald Mcdonald House Charities Inc
- Assets
- $212.3m
- Revenue
- $79.6m
- Investments
- $15.9m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 01/1977
- Data as of
- 12/2022
- EIN
- 36-2934689
Organization Overview
Ronald Mcdonald House Charities Inc is located in Chicago, IL. The organization was established in 1977. According to its NTEE Classification (E86) the organization is classified as: Patient & Family Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ronald Mcdonald House Charities Inc 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 12/2022, Ronald Mcdonald House Charities Inc generated $79.6m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $67.0m during the year ending 12/2022. While expenses have increased by 7.4% per year over the past 4 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 2020, Ronald Mcdonald House Charities Inc has awarded 410 individual grants totaling $107,461,059. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
CREATE, FIND, SUPPORT PROGRAMS THAT IMPROVE THE HEALTH AND WELL-BEING OF CHILDREN AND FAMILIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT OF RMHC LOCAL CHAPTERS WORLDWIDE: RONALD MCDONALD HOUSE CHARITIES IS A SYSTEM OF INDEPENDENT, SEPARATELY REGISTERED PUBLIC BENEFIT ORGANIZATIONS, REFERRED TO AS "CHAPTERS" BY RMHC. COLLECTIVELY, RONALD MCDONALD HOUSE CHARITIES, INC. (RMHC) AND THE NETWORK OF LOCAL CHAPTERS ASCRIBE TO FIVE CORE VALUES: WE ARE FOCUSED ON THE CRITICAL NEEDS OF CHILDREN, WE LEAD WITH COMPASSION, WE CELEBRATE THE DIVERSITY OF OUR PEOPLE AND OUR PROGRAMS, WE VALUE OUR HERITAGE AND WE OPERATE WITH ACCOUNTABILITY AND TRANSPARENCY. RMHC ENSURES DELIVERY OF THE MISSION ACROSS THE GLOBE. AS A CENTER OF EXCELLENCE, RMHC BUILDS AND SUSTAINS A ROBUST INFRASTRUCTURE OF SUPPORT TO THE NETWORK OF CHAPTERS, INCLUDING OPERATIONS, LICENSING AND COMPLIANCE, FINANCE, RISK MANAGEMENT, COMMUNICATIONS, MARKETING AND DEVELOPMENT. (SEE SCH O) FOLLOWING ARE THE ACTIVITIES CONDUCTED BY RMHC TO SUPPORT THE CHAPTERS:(1)RONALD MCDONALD HOUSE: RMHC PROVIDED GRANTS TOTALING $3,835,000 FOR NEW AND EXPANDING RONALD MCDONALD HOUSE PROGRAMS. THE RONALD MCDONALD HOUSE PROVIDES COMFORT, SUPPORT AND RESOURCES FOR FAMILIES WITH SICK CHILDREN. (2)RONALD MCDONALD FAMILY ROOM: RMHC PROVIDED GRANTS TOTALING $1,702,500 FOR NEW RONALD MCDONALD FAMILY ROOM PROGRAMS, WHICH OFFER A HOME-LIKE ENVIRONMENT WITHIN THE WALLS OF THE HOSPITAL. RONALD MCDONALD FAMILY ROOMS PROVIDE FAMILIES OF HOSPITALIZED CHILDREN WITH A PLACE TO REFRESH AND RELAX WHILE REMAINING NEAR THEIR CHILD'S BEDSIDE.(3)RONALD MCDONALD CARE MOBILE: RMHC DEVELOPED AND CONTINUES TO SUPPORT MOBILE PEDIATRIC HEALTH CARE SERVICES TO CHILDREN IN UNDERSERVED AREAS OF THE WORLD BY FUNDING THE CAPITAL BUILD FOR ALL NEW RONALD MCDONALD CARE MOBILES WITH SUPPORT TOTALING $169,308. IN ADDITION TO PRIMARY AND SPECIALTY MEDICAL CARE, HEALTH EDUCATION, AND ORAL HEALTH SERVICES, THE PROGRAM LINKS CHILDREN TO OTHER COMMUNITY AND SOCIAL SERVICE RESOURCES.(4)RMHC LOCAL CHAPTER SUPPORT AND GRANTS TOTALING $46,134,309. RMHC PROVIDES EXPERTISE IN ALL ASPECTS OF THE THREE CORE PROGRAM OPERATIONS, OTHER PROGRAM DEVELOPMENT, AND NONPROFIT MANAGEMENT FOR ITS CHAPTERS WORLDWIDE. SUPPORT ALSO INCLUDES GENERAL PROGRAM SUPPORT GRANTS. RMHC IS COMMITTED TO STRENGTHENING THE GLOBAL SYSTEM OF CHAPTERS, BY PROVIDING SUCH GRANTS AND PROGRAMMATIC SUPPORT TO HELP EACH CHAPTER ACHIEVE A HIGH LEVEL OF EXCELLENCE IN MANAGEMENT AND OPERATIONS, AND TO HELP THEM EFFECTIVELY AND EFFICIENTLY FULFILL THEIR MISSION. ACTIVITIES INCLUDE, AMONG OTHERS: RESOURCE DEVELOPMENT; SHARING BEST PRACTICES TO IMPROVE ALL ASPECTS OF RMHC; STRATEGIC PLANNING; TECHNOLOGY UPGRADES; ONGOING TRAINING AND EDUCATION OF BOARD, STAFF, AND VOLUNTEERS TO ENCOURAGE EXCELLENCE IN DELIVERING PROGRAMS, FUNDRAISING AND ADMINISTRATIVE PRACTICES; INVESTMENT IN ENVIRONMENTAL SUSTAINABILITY ACTIVITIES SUCH AS ENERGY AUDITS, WATER AND WASTE EFFICIENCY PROJECTS AT RONALD MCDONALD HOUSE PROGRAMS; FACILITATION OF NETWORKING OPPORTUNITIES; AND DEVELOPING LOCAL FUNDRAISING CAPABILITIES TO GROW RESOURCES AND MEET NEW AND EXPANDING PROGRAM NEEDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alex Dimitrief Trustee | Trustee | 1 | $0 |
Andrew J Mckenna Trustee | Trustee | 1 | $0 |
Chris Kempczinski Trustee | Trustee | 1 | $0 |
David C Herman MD Trustee | Trustee | 1 | $0 |
Eduardo Sanchez Trustee, Treasurer | OfficerTrustee | 1 | $0 |
Ginger Hardage Trustee, Chairman | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Integrigo Llc Donation Box Management And Collection | 12/30/22 | $3,724,956 |
Mcdonald's Corporation Professional Services | 12/30/22 | $2,839,333 |
The Regents Of The University Of Califor Research | 12/30/22 | $999,670 |
Capgemini America Inc Website And Technology Consulting | 12/30/22 | $736,202 |
The Narrative Group Llc Advertising And Promotional Services | 12/30/22 | $559,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $197,840 |
| Membership dues | $0 |
| Fundraising events | $2,017,292 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $73,071,397 |
| Noncash contributions included in lines 1a–1f | $281,616 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $75,286,529 |
| Total Program Service Revenue | $0 |
| Investment income | $4,395,039 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $374,972 |
| Net Income from Fundraising Events | -$480,379 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $79,576,161 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $34,961,706 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $7,184,355 |
| 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 | $334,368 |
| Fees for services: Accounting | $80,331 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $250,731 |
| Fees for services: Investment Management | $315,036 |
| Fees for services: Other | $6,679,978 |
| Advertising and promotion | $8,505,688 |
| Office expenses | $74,254 |
| Information technology | $2,045,811 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $534,777 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $119,524 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $280,860 |
| Insurance | $362,657 |
| All other expenses | $22,618 |
| Total functional expenses | $67,019,966 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $22,595,649 |
| Pledges and grants receivable | $12,980,901 |
| Accounts receivable, net | $11,972 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $100,000 |
| Inventories for sale or use | $95,189 |
| Prepaid expenses and deferred charges | $2,941,044 |
| Net Land, buildings, and equipment | $163,355 |
| Investments—publicly traded securities | $156,367,038 |
| Investments—other securities | $15,919,942 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,162,338 |
| Total assets | $212,337,428 |
| Accounts payable and accrued expenses | $4,617,143 |
| Grants payable | $6,251,448 |
| 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 | $17,332 |
| Total liabilities | $10,885,923 |
| Net assets without donor restrictions | $197,048,117 |
| Net assets with donor restrictions | $4,403,388 |
| 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 | $212,337,428 |
Grants Awarded
Over the last fiscal year, Ronald Mcdonald House Charities Inc has awarded $34,961,693 in support to 137 organizations.
| Grant Recipient | Amount |
|---|---|
ATLANTA RMHC INC PURPOSE: See part IV - d | $540,923 |
CENTRAL NEW YORK RMHC INC PURPOSE: See part IV - d | $742,933 |
FUNDACION INFANTIL RONALD MCDONALD PUERTO RICO INC PURPOSE: See part IV - d | $52,313 |
RMH OF CHAPEL HILL INC PURPOSE: See part IV - d | $126,327 |
RMH OF DALLAS INC PURPOSE: See part IV - d | $49,363 |
RMH OF CENTRAL & NORTHERN NEW JERSEY INC PURPOSE: See part IV - d | $49,213 |