Nicklaus Childrens Health Care Foundation Inc
- Assets
- $45.3m
- Revenue
- $13.3m
- Investments
- $0.0
- Employees
- 5
- Location
- North Palm Beach, FL
- Founding
- 05/2004
- Data as of
- 12/2021
- EIN
- 57-1154352
Organization Overview
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 12/2021, 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 12/2021, Nicklaus Childrens Health Care Foundation Inc generated $13.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.5% each year. All expenses for the organization totaled $6.9m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Nicklaus Childrens Health Care Foundation Inc has awarded 65 individual grants totaling $52,353,845. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE ACCESS TO WORLD-CLASS HEALTH CARE FOR ALL CHILDREN 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 NICKLAUS CHILDREN'S HOSPITAL FOUNDATION FOR TOGETHER FOR THE CHILDREN CAPITAL CAMPAIGN AND OTHER PROGRAMS.
PROVIDED A GRANT TO NATIONWIDE CHILDREN'S HOSPITAL FOUNDATION FOR THE PEDIATRIC HEALTHCARE PROGRAMS.
PROVIDED A GRANT TO BRYAN BROTHERS FOUNDATION FOR THE TEAM BRYAN PROJECT.
VARIOUS GRANTS TO SUPPORT MEDICAL PROGRAMS FOR CHILDREN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patricia Mcdonald President & CEO | Officer | 40 | $372,915 |
Michael Bracci Vice Chairman | OfficerTrustee | 2 | $0 |
Nan O'leary Vice Chairman | OfficerTrustee | 2 | $0 |
Colleen Bracci Treasurer | OfficerTrustee | 3 | $0 |
Barbara Nicklaus Chairman | OfficerTrustee | 8 | $0 |
Stephen G Vogelsang Secretary | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $5,005,900 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,107,582 |
| Noncash contributions included in lines 1a–1f | $383,524 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,113,482 |
| Total Program Service Revenue | $0 |
| Investment income | $557,532 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $786,358 |
| Net Income from Fundraising Events | -$136,496 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $13,320,876 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,552,765 |
| 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. | $375,000 |
| Compensation of current officers, directors, key employees. | $18,750 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $314,500 |
| Pension plan accruals and contributions | $65,123 |
| Other employee benefits | $156,430 |
| Payroll taxes | $37,466 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $267 |
| Fees for services: Accounting | $23,985 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $81,700 |
| Fees for services: Other | $41,342 |
| Advertising and promotion | $51,053 |
| Office expenses | $34,325 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $72,474 |
| Travel | $1,078 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $400 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,658 |
| Insurance | $4,461 |
| All other expenses | $20,234 |
| Total functional expenses | $6,948,203 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $62,000 |
| Savings and temporary cash investments | $6,321,466 |
| Pledges and grants receivable | $2,471,245 |
| Accounts receivable, net | $299,000 |
| 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 | $11,911 |
| Net Land, buildings, and equipment | $12,703 |
| Investments—publicly traded securities | $35,768,185 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $356,216 |
| Total assets | $45,302,726 |
| Accounts payable and accrued expenses | $31,063 |
| Grants payable | $1,230,000 |
| Deferred revenue | $365,987 |
| 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 | $14,194 |
| Total liabilities | $1,641,244 |
| Net assets without donor restrictions | $40,894,497 |
| Net assets with donor restrictions | $2,766,985 |
| 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 | $45,302,726 |
Grants Awarded
Over the last fiscal year, Nicklaus Childrens Health Care Foundation Inc has awarded $5,540,765 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
PURPOSE: CAPITAL CAMPAING AND OTHER PROGRAMS | $2,123,370 |
Columbus, OH PURPOSE: 2021 PEDIATRIC HEALTHCARE PROGRAMS | $1,900,000 |
Camarillo, CA PURPOSE: TEAM BRYAN PROJECT | $650,000 |
Eau Claire, WI PURPOSE: PKU EDUCATION AND RESEARCH PROJECT | $565,000 |
Carbondale, CO PURPOSE: MEDICINE, SUPPLIES & HURRICANE RELIEF AID | $134,000 |
St Louis, MO PURPOSE: THE HILLS/PLAY YELLOW EVENT | $68,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Nicklaus Childrens Health Care Foundation Inc has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Suedhoff Memorial Trust Inc Syracuse, IN PURPOSE: GENERAL USE | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Harry T Mangurian Jr Foundation Inc Fort Lauderdale, FL | $88,622,200 | $12,675,522 |
Alabama Power Foundation Inc Birmingham, AL | $164,336,755 | $18,795,477 |
Masters Tournament Foundation Inc Augusta, GA | $56,432,291 | $20,283,494 |
Caring Foundation Birmingham, AL | $70,981,159 | $5,434,235 |
Malone Family Foundation Hobe Sound, FL | $111,664,161 | $13,667,566 |
The Fairholme Foundation Coral Gables, FL | $289,766,586 | $285,369 |
Nicklaus Childrens Health Care Foundation Inc North Palm Beach, FL | $45,302,726 | $13,320,876 |
Albert L Ueltschi Foundation Vero Beach, FL | $287,931,919 | $1,247,906 |
Speedwell Foundation Atlanta, GA | $165,926,993 | $26,115,784 |
Holtz Charitable Foundation Inc Orlando, FL | $5,015,513 | $2,659,459 |
Wiregrass Foundation Dothan, AL | $101,684,443 | $2,886,891 |
The St Joe Community Foundation Inc Panama City Beach, FL | $5,065,380 | $5,661,153 |