The Childrens Heart Foundation
- Assets
- $3.2m
- Revenue
- $3.4m
- Investments
- $0.0
- Employees
- 16
- Location
- Northbrook, IL
- Founding
- 06/2003
- Data as of
- 12/2023
- EIN
- 36-4077528
Organization Overview
The Childrens Heart Foundation is located in Northbrook, IL. The organization was established in 2003. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2023, Childrens Heart Foundation employed 16 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Childrens Heart Foundation 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, Childrens Heart Foundation generated $3.4m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $3.1m during the year ending 12/2023. While expenses have increased by 2.6% per year over the past 9 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 2015, Childrens Heart Foundation has awarded 89 individual grants totaling $12,839,651. 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
THE MISSION OF THE CHILDREN'S HEART FOUNDATION (CHF) IS TO ADVANCE THE DIAGNOSIS, TREATMENT AND PREVENTION OF CONGENITAL HEART DEFECTS (CHDS) BY FUNDING THE MOST PROMISING RESEARCH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESEARCH - THE CHILDREN'S HEART FOUNDATION FUNDS THE MOST PROMISING CONGENITAL HEART DEFECT (CHD)RESEARCH. SINCE 1996, CHF HAS INVESTED $18 MILLION INTO CHD RESEARCH AND SCIENTIFIC COLLABORATIONS.IN 2023 CHF FUNDED NEARLY $1.5 MILLION IN CHD RESEARCH AND SCIENTIFIC COLLABORATIONS ACROSS FOUR KEY INITIATIVES: 1. INDEPENDENT RESEARCH FUNDED BY THE FOUNDATION, 2. COLLABORATIVE RESEARCH WITH THE HEART ASSOCIATION THROUGH JOINT CONGENITAL HEART DEFECT RESEARCH AWARDS, 3. FUNDING THE AMERICAN ACADEMY OF PEDIATRICS' PEDIATRIC CARDIOLOGY RESEARCH FELLOWSHIP AWARD, AND 4. FUNDING CARDIAC NETWORKS UNITED (CNU), A NATIONAL PEDIATRIC AND CONGENITAL CARDIOVASCULAR RESEARCH NETWORK.CHF PROVIDED FUNDING FOR THE FOLLOWING INDEPENDENT RESEARCH:-HEE CHEOL CHO, PHD (JOHNS HOPKINS MEDICINE) RECEIVED FUNDING FROM THE CHILDREN'S HEART FOUNDATION FOR HIS WORK ON HUMAN STEM-CELL DERIVED PACEMAKERS FOR PEDIATRIC CARDIAC PACING.-JULIET EMAMAULLEE, MD, PHD (UNIVERSITY OF SOUTHERN CALIFORNIA, CHILDREN'S HOSPITAL OF LOS ANGELES) RECEIVED FUNDING FROM THE CORTNEY GIVES BAK FOUNDATION, AS WELL AS THE CHILDREN'S HEART FOUNDATION, FOR HER EFFORTS ON PREDICTIVE BIOMAKERS TO INFORM TRANSPLANT CANDIDACY IN FONTAN ASSOCIATED LIVER DISEASE.-JOHN LADISA, PHD (MEDICAL COLLEGE OF WISCONSIN) RECEIVED FUNDING FROM THE CHILDREN'S HEART FOUNDATION FOR HIS EFFORTS ON MECHANICAL STIMULI AS A PREDICTOR OF ADVERSE OUTCOMES AFTER PULMONARY VEIN STENTING.-MARK RODEFELD, MD (INDIANA UNIVERSITY) RECEIVED FUNDING FROM THE HALEY FOUNDATION, AS WELL AS THE CHILDREN'S HEART FOUNDATION, FOR HIS EFFORTS ON THE SELF-POWERED FONTAN PUMP.THESE RESEARCH EFFORTS WILL HELP EXPERTS LEARN MORE ABOUT THE LIFE-LONG CARE NEEDS OF INDIVIDUALS LIVING WITH CHDS AND HOW TO CONTINUE TO IMPROVE THEIR OVERALL QUALITY OF LIFE.THE CHILDREN'S HEART FOUNDATION PROVIDES FUNDING TO CARDIAC NETWORKS UNITED TO IMPROVE OUTCOMES FOR CHILDREN WITH CHDS. ONE OF CNU'S CURRENT RESEARCH EFFORTS - THE PAC3 CHEST TUBE PROJECT - IS NOW BEING IMPLEMENTED AT NEARLY 20 U.S. HOSPITALS AS RESEARCHERS CONSIDER THE OPTIMAL TIME FOR CHEST TUBE REMOVAL IN YOUNG CHD PATIENTS.IN ADDITION, THE FOUNDATION FUNDED THE AMERICAN ACADEMY OF PEDIATRICS' 2023 PEDIATRIC CARDIOLOGY RESEARCH FELLOWSHIP AWARD GIVEN TO MICHAEL KIM, DO, OF CINCINATTI CHILDREN'S HEALTH. HIS RESEARCH - VIRTUAL REALITY SIMULATION TO IMPROVE PARENT DISCHARGE EDUCATION AND READINESS FOR THE TRANSITION TO HOME AFTER CONGENITAL HEART SURGERY (CHS)- AIMS TO INCORPORATE VIRTUAL REALITY SIMULATION AS PART OF DISCHARGE EDUCATION FOR PARENTS AND CAREGIVERS OF CONGENITAL HEART SURGERY PATIENTS TO IDENTIFY SIGNS OF CARDIAC COMPROMISE.
AWARENESS- CONGENITAL HEART WALKS: THE CHILDREN'S HEART FOUNDATION'S CONGENITAL HEART WALK SERIES IS THE NATION'S LARGEST WALK SERIES SOLELY DEDICATED TO RAISING AWARENESS AND FUNDS FOR CONGENITAL HEART DEFECT RESEARCH. 30 CONGENITAL HEART WALK EVENTS TOOK PLACE IN 2023. THE WALKS OFFER A CHANCE TO STRENGTHEN OUR COMMUNITY AND SPREAD AWARENESS ABOUT AMERICA'S MOST COMMON BIRTH DEFECT - CHDS, AND WE RAISED MORE THAN $2,000,000!FUNDRAISING EVENTS AND CAMPAIGNS: VARIOUS FUNDRAISING EVENTS AND CAMPAIGNS TOOK PLACE THROUGHOUT 2023, INCLUDING #GIVINGTUESDAY, HEART MONTH, VOLUNTEERAPPRECIATION MONTH, AND OUR MATCHING FROM THE HEART CAMPAIGN - ALL OF WHICH HELPED RAISE AWARENESS AND FUNDS OF THE CHILDREN'S HEART FOUNDATION'S CRITICAL MISSION.GENERAL AWARENESS: THE CHILDREN'S HEART FOUNDATION UTILIZES SOCIAL MEDIA AND VIDEO STORYTELLING TO SPREAD FURTHER AWARENESS OF CHDS AND CHF. OUR SOCIAL MEDIA EFFORTS FOCUS ON SHARING STORIES OF CHILDREN, ADULTS, AND FAMILIES IMPACTED BY CHDS, AS WELL AS TELLING OUR AUDIENCE ABOUT THE IMPORTANT RESEARCH EFFORTS WE ARE FUNDING. THESE TOOLS HELP US REACH PEOPLE WHO MAY NOT HAVE PREVIOUSLY KNOWN ABOUT OUR IMPORTANT WORK.
ADVOCACY - WE ENDEAVORED TO CREATE MORE AWARENESS OF THE NEED FOR ADVOCACY FOR THOSE WITH CHDS AND THEIR FAMILY MEMBERS BY TELLING THEIR STORY ON OUR WEBSITES, IN VIDEO, AND THROUGH SPECIAL BROADCAST PRODUCTIONS, LIKE THE PBS VISIONARIES SERIES. OUR ADVOCACY EFFORTS FOCUS ON RAISING AWARENESS OF THE NEED FOR INCREASED FUNDING FOR RESEARCH, SURVIVIVAL, LONGEVITY AND QUALITY OF LIFE EFFORTS WHICH HAVE DRAMATICALLY INCREASED FOR CHD PATIENTS. THERE HAS BEEN A 37.5% DECREASE IN BABIES DYING AT BIRTH WHICH IS A TREMENDOUS RESULT, BUT WE KNOW THAT BABIES ARE STILL BEING BORN DAILY WITH CHDS.WE INTEND TO PROVIDE MORE EDUCATIONAL AND OUTREACH OPPORTUNITIES AROUND THE CURRENT ENVIRONMENT FOR CONGENITAL HEART DEFECTS. OUR ADVOCACY EFFORTS SEEK TO EDUCATE OUR COMMUNITIES ON THE SIGNIFICANCE OF CONGENITAL HEART DEFECTS AND ITS IMPACT ON INDIVIDUALS AND FAMILIES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Abigail Roddie-Hamlin President & CEO | OfficerTrustee | 40 | $150,404 |
Kevin Slawin Board Chair | OfficerTrustee | 10 | $0 |
Martha Hauber Immediate Past Board Chair | OfficerTrustee | 10 | $0 |
Lori Jones Secretary | OfficerTrustee | 10 | $0 |
Jim Bolotin Treasurer | OfficerTrustee | 10 | $0 |
Kathryn Osteen Member | Trustee | 10 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mcdermott Will & Emery Legal | 12/30/20 | $257,944 |
American Heart Association Medical Research | 12/30/20 | $200,000 |
The Children's Hospital Corporation Medical Research | 12/30/20 | $199,326 |
Blackbaud Information Technology | 12/30/20 | $205,640 |
University Of Michigan Congenital Hear Medical Research | 12/30/20 | $300,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $2,887,993 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,107,617 |
| Noncash contributions included in lines 1a–1f | $20,167 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,995,610 |
| Total Program Service Revenue | $0 |
| Investment income | $14,549 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$642,343 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,378,951 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,435,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $277,217 |
| Compensation of current officers, directors, key employees. | $104,988 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $722,178 |
| Pension plan accruals and contributions | $13,662 |
| Other employee benefits | $48,418 |
| Payroll taxes | $82,359 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $52,176 |
| Fees for services: Accounting | $18,515 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $101,072 |
| Advertising and promotion | $11,860 |
| Office expenses | $21,580 |
| Information technology | $136,255 |
| Royalties | $0 |
| Occupancy | $22,208 |
| Travel | $8,530 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $48,865 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,714 |
| Insurance | $9,854 |
| All other expenses | $121,613 |
| Total functional expenses | $3,133,076 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,453,208 |
| Savings and temporary cash investments | $476,805 |
| Pledges and grants receivable | $141,937 |
| 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 | $68,472 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $51,803 |
| Other assets | $5,526 |
| Total assets | $3,197,751 |
| Accounts payable and accrued expenses | $67,389 |
| Grants payable | $500,000 |
| Deferred revenue | $29,164 |
| 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 | $29,855 |
| Total liabilities | $626,408 |
| Net assets without donor restrictions | $2,155,365 |
| Net assets with donor restrictions | $415,978 |
| 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 | $3,197,751 |
Grants Awarded
Over the last fiscal year, The Childrens Heart Foundation has awarded $1,435,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN HEART ASSOCIATION PURPOSE: CONGENITAL HEART DISEASE RESEARCH | $300,000 |
AMERICAN ACADEMY OF PEDIATRICS PURPOSE: CARDIOLOGY AND CARDIAC SURGERY RESEARCH FELLOWSHIP AWARD | $35,000 |
JOHN HOPKINS UNIVERSITY SCHOOL OF MEDICINE PURPOSE: DR. HEE CHEOL CHO WAS GIVEN A 2 YEAR GRANT. | $200,000 |
UNIVERSITY OF MICHIGAN HEART CENTER PURPOSE: CARDIAC NETWORKS UNITED GRANT | $300,000 |
INDIANA UNIVERSITY PURPOSE: DR. MARK RODEFELD WAS GIVEN A 2 YEAR GRANT. | $200,000 |
THE MEDICAL COLLEGE OF WISCONSIN PURPOSE: DR. JOHN LADISA WAS GIVEN A 2 YEAR GRANT. | $200,000 |