Miami Children's Health System Foundation Inc

Organization Overview

Miami Children's Health System Foundation Inc, operating under the name Nicklaus Children's Hospital Foundation Inc, is located in Miami, FL. The organization was established in 2013. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. As of 12/2020, Nicklaus Children's Hospital Foundation Inc employed 39 individuals. Nicklaus Children's Hospital Foundation 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 12/2020, Nicklaus Children's Hospital Foundation Inc generated $13.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $9.2m during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (3.2%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Nicklaus Children's Hospital Foundation Inc has awarded 19 individual grants totaling $44,250,665. 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF MIAMI CHILDREN'S HEALTH SYSTEM FOUNDATION, INC. (D/B/A NICKLAUS CHILDREN'S HEALTH SYSTEM FOUNDATION, INC.) IS TO CREATE AWARENESS AND GENERATE FUNDS FOR NICKLAUS CHILDREN'S HEALTH SYSTEM (SYSTEM), NICKLAUS CHILDREN'S HOSPITAL AND ANY OTHER NOT-FOR-PROFIT AFFILIATED ENTITY.

Describe the Organization's Program Activity:

IN 2020, GRANTS WERE MADE TO NICKLAUS CHILDREN HOSPITAL TO PROVIDE FUNDING FOR THE PERSONALIZED MEDICINE, TELEHEALTH DENTAL AND SOCIAL SERVICES.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Director/secretary
$0
Name Not Listed
Treausurer/director
$0
Name Not Listed
President & CEO & Director
$0
Name Not Listed
Pres Foundation/vp Ext Affairs Director
$306,168
Name Not Listed
Vice Chairman/director
$0
Name Not Listed
Chairman/director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Wow Factor Marketing Group Inc
Marketing
$269,017
Korn Ferry Leadership Consulting Corp
Recruitment
$102,600
Anthony Baradat And Associates
Advertising
$694,432
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$10,932
Membership dues$0
Fundraising events$1,754,504
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$12,277,174
Noncash contributions included in lines 1a–1f $691,452
Total Revenue from Contributions, Gifts, Grants & Similar$14,042,610
Total Program Service Revenue$0
Investment income $73,741
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income -$4,657
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$355,568
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $13,756,126

Grants Awarded

Over the last fiscal year, Miami Children's Health System Foundation Inc has awarded $4,424,946 in support to 3 organizations.

Grant RecipientAmount

VARIETY CHILDREN'S HOSPITAL

PURPOSE: (See Statement)

$4,319,623

PEDIATRIC SPECIALTY GROUP INC

PURPOSE: (See Statement)

$5,323

CHILDREN'S HEALTH VENTURES INC AND SUBSIDIARIES

PURPOSE: (See Statement)

$100,000
View Grant Profile

Peer Organizations

Organization NameAssets
Montgomery Baptist Outreach Services Corporation
Montgomery, AL
$12,576,729
Houston Healthcare System Inc
Warner Robins, GA
$10,479,781
Mount Sinai Medical Center Foundation Inc
Miami Beach, FL
$47,747,589
Orlando Health Foundation Inc
Orlando, FL
$33,936,893
Alabama Childrens Hospital Foundation
Birmingham, AL
$41,920,764
Plumbers & Pipefitters Local 421 Health & Welfare Fund
Pembroke Pines, FL
$11,092,669
Ufcw & Employers Health & Welfare T Rust Fund
Pembroke Pines, FL
$19,425,231
Morton Plant Mease Health Care Foundation Inc
Clearwater, FL
$10,155,269
Tampa General Hospital Foundation Inc
Tampa, FL
$24,344,193
United Assn Of Journeymen & Apprntc
Jacksonville, FL
$12,085,054
Plumbers & Steamfitters Local Union No 760
Muscle Shoals, AL
$13,760,667
Mesa Associates Group Health Employee Benefit Plan And Trust
Madison, AL
$9,806,001
Miami Children's Health System Foundation Inc
Miami, FL
$13,756,126
Tidewell Foundation Inc
Lakewood Ranch, FL
$6,280,023
Friends Of Tel-Aviv Sourasky Medical Center Inc
Palm Beach Gardens, FL
$6,690,836
Indian River Hospital Foundation Inc
Vero Beach, FL
$10,595,848
Memorial Foundation Inc
Hollywood, FL
$5,323,921
Franciscan Properties Inc
Tampa, FL
$7,790,090
Douglas Gardens Home Care Inc
Miami, FL
$6,173,901
United Food And Commercial Workers Local 1625 And Employers Health An
Pembroke Pines, FL
$7,837,941
Tractor & Equipment Health Care Trust
Birmingham, AL
$6,863,743
The Huntsville Hospital Foundation Inc
Huntsville, AL
$6,922,027
Boca Raton Champions Golf Charities Inc
Boca Raton, FL
$6,738,639
Lakeland Regional Medical Center Foundation Inc
Lakeland, FL
$4,007,852
Ocean Reef Medical Center Foundation Inc
Key Largo, FL
$9,751,536

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