Nicklaus Childrens Health Care Foundation Inc is located in North Palm Beach, FL. The organization was established in 2004. According to its NTEE Classification (T21) the organization is classified as: Corporate Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2022, Nicklaus Childrens Health Care Foundation Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nicklaus Childrens Health Care 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 12/2022, Nicklaus Childrens Health Care Foundation Inc generated $15.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.3% each year. All expenses for the organization totaled $8.1m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Nicklaus Childrens Health Care Foundation Inc has awarded 79 individual grants totaling $58,817,669. 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
TO PROVIDE ACCESS TO WORLD-CLASS HEALTH CARE FOR ALL CHILDREN (CONTINUED ON SCHEDULE O)AND SUPPORT INNOVATIVE PROGRAMS FOCUSED ON DIAGNOSIS, TREATMENT AND PREVENTION OF CHILDHOOD ILLNESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED A GRANT TO NATIONWIDE CHILDREN'S HOSPITAL FOUNDATION FOR VARIOUS PEDIATRIC HEALTHCARE PROGRAMS.
VARIOUS GRANTS TO SUPPORT MEDICAL PROGRAMS FOR CHILDREN.
PROVIDED A GRANT TO NICKLAUS CHILDREN'S HOSPITAL FOUNDATION FOR VARIOUS PEDIATRIC HEALTHCARE PROGRAMS.
PROVIDED A GRANT TO NATIONAL PKU ALLIANCE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael Bracci Vice Chairman | OfficerTrustee | 2 | $0 |
Colleen Bracci Treasurer | OfficerTrustee | 3 | $0 |
Barbara Nicklaus Chairman | OfficerTrustee | 8 | $0 |
Nan O'leary Vice Chairman | OfficerTrustee | 2 | $0 |
Stephen G Vogelsang Secretary | OfficerTrustee | 2 | $0 |
Jack W Nicklaus Honorary Chairman | Trustee | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $6,380,739 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $11,261,956 |
Noncash contributions included in lines 1a–1f | $197,659 |
Total Revenue from Contributions, Gifts, Grants & Similar | $17,642,695 |
Total Program Service Revenue | $0 |
Investment income | $953,725 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$2,559,485 |
Net Income from Fundraising Events | -$632,188 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $15,359,120 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $6,471,624 |
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. | $660,136 |
Compensation of current officers, directors, key employees. | $33,097 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $299,525 |
Pension plan accruals and contributions | $23,404 |
Other employee benefits | $107,973 |
Payroll taxes | $41,206 |
Fees for services: Management | $0 |
Fees for services: Legal | $8,060 |
Fees for services: Accounting | $20,600 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $130,154 |
Fees for services: Other | $16,418 |
Advertising and promotion | $0 |
Office expenses | $57,149 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $93,597 |
Travel | $2,686 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $761 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $3,496 |
Insurance | $0 |
All other expenses | $129,855 |
Total functional expenses | $8,066,644 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $202,527 |
Savings and temporary cash investments | $10,155,566 |
Pledges and grants receivable | $3,220,618 |
Accounts receivable, net | $108,292 |
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 | $30,059 |
Net Land, buildings, and equipment | $9,207 |
Investments—publicly traded securities | $32,652,128 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $533,799 |
Total assets | $46,912,196 |
Accounts payable and accrued expenses | $81,680 |
Grants payable | $100,000 |
Deferred revenue | $471,910 |
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 | $265,232 |
Total liabilities | $918,822 |
Net assets without donor restrictions | $42,537,337 |
Net assets with donor restrictions | $3,456,037 |
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 | $46,912,196 |
Over the last fiscal year, Nicklaus Childrens Health Care Foundation Inc has awarded $6,463,824 in support to 14 organizations.
Grant Recipient | Amount |
---|---|
NICKLAUS CHILDREN'S HOSPITAL FOUNDATION PURPOSE: Pediatric health care programs. | $1,503,510 |
NATIONWIDE CHILDREN'S HOSPITAL FOUNDATION (CHILDREN'S HOSPITAL FOUNDATION) PURPOSE: 2022 Pediatric Healthcare Programs and Patience Assistance | $2,808,886 |
NICKLAUS CHILDREN'S HOSPITAL DBA VARIETY CHILDREN'S HOSPITAL PURPOSE: Children's Legacy Fund/Patience Assistance | $346,978 |
CHILDREN'S HEALTHCARE CHARITITIES PURPOSE: Pediatric healthcare programs | $160,000 |
BRYAN BROS FOUNDATION PURPOSE: Team Bryan Project | $550,000 |
MERCY SHARING DBA HAITI CHILDREN PURPOSE: Medicine and Supplies | $210,750 |