Childrens Hospital Foundation, operating under the name DBA Norton Children's Hospital Foundation, is located in Louisville, KY. The organization was established in 1964. 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 12/2022, DBA Norton Children's Hospital Foundation employed 34 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. DBA Norton Children's Hospital 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 12/2022, DBA Norton Children's Hospital Foundation generated $23.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $14.1m during the year ending 12/2022. While expenses have increased by 0.3% per year over the past 8 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 2014, DBA Norton Children's Hospital Foundation has awarded 44 individual grants totaling $93,462,971. 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
CHILDREN'S HOSPITAL FOUNDATION RAISES FUNDS AND AWARDS GRANTS TO NORTON CHILDREN'S HOSPITAL AND OTHER ORGANIZATIONS AFFILIATED WITH NORTON HEALTHCARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CHILDREN'S HOSPITAL FOUNDATION (DBA NORTON CHILDREN'S HOSPITAL FOUNDATION) RAISES FUNDS FOR NORTON CHILDREN'S HOSPITAL, KENTUCKY'S ONLY FULL-SERVICE, FREE-STANDING PEDIATRIC HOSPITAL; SERVICING NORTON CHILDREN'S MEDICAL CENTER, NORTON WOMEN'S & CHILDREN'S HOSPITAL, AS WELL AS ALL NORTON AFFILIATED ORGANIZATIONS IN NEED OF SUPPORTING PEDIATRIC PROGRAMS, EQUIPMENT AND FACILITIES, RESEARCH, ADVOCACY AND EDUCATION. THE CHILDREN'S HOSPITAL FOUNDATION IS MOTIVATED TO ENSURE THAT CHILDREN FROM THROUGHOUT GREATER LOUISVILLE HAVE THE MEDICAL CARE THEY NEED WHEN THEY NEED IT, WHILE KEEPING KIDS AS CLOSE TO HOME AS POSSIBLE. SUPPORT FROM THE NORTON CHILDREN'S HOSPITAL FOUNDATION ALLOWS THE PEDIATRIC SPECIALISTS OF NORTON CHILDREN'S FACILITIES AND PEDIATRIC SERVICES TO CONTINUE TO RESPOND TO THE UNIQUE MEDICAL NEEDS OF CHILDREN FROM BIRTH TO AGE 18, AND IN SOME CASES THROUGH ADULTHOOD. NORTON CHILDREN'S HOSPITAL IS LOUISVILLE'S ONLY LEVEL I PEDIATRIC TRAUMA CENTER AND THE PRIMARY TEACHING FACILITY FOR THE U OF L SCHOOL OF MEDICINE DEPARTMENT OF PEDIATRICS. MAJOR PROGRAMS FUNDED IN 2022 INCLUDED: * OPERATIONAL FUNDING FOR THE NORTON CHILDREN'S PREVENTION & WELLNESS TEAM, INCLUDING SAFETY CITY AND NO KID HUNGRY, AS WELL AS ADDITIONAL EDUCATION AND OUTREACH * CLINICAL RESEARCH NURSE AT NORTON CHILDREN'S CANCER INSTITUTE, AFFILIATED WITH THE UOFL SCHOOL OF MEDICINE * RESEARCH AND WORKFORCE IN THE DEVELOPMENT OF CAR T-CELL THERAPY FOR HIGH-RISK CHILDHOOD CANCERS * PEDIATRIC ENDOCRINOLOGY FELLOWSHIP, CHILD LIFE SPECIALIST AND COMMUNITY HEALTH WORKER FOR THE WENDY NOVAK DIABETES CENTER * DEVELOPING FOOD PANTRIES THROUGHOUT THE COMMUNITY * COMMUNITY BASED DOULA PROGRAM * AUTISM CENTER - HEAL DOG HEAL PROGRAM
THE CHILDREN'S HOSPITAL FOUNDATION PROVIDES FUNDING FOR CAPITAL PROJECTS, IN ADDITION TO PROGRAMS, ADVOCACY, EDUCATION AND RESEARCH. IN 2022, THE FOUNDATION FUNDED THE FOLLOWING CAPITAL PROJECTS: * AUTISM CENTER - SUPPORT FOR FACILITY CONSTRUCTION * TRANSPORT ISOLETTE * ANESTHESIA ULTRASOUND * ENT DRILL * CARDIAC TELEMETRY AND TCU LEVEL OF CARE * SKYRON OR TABLE * PARAMEDIC CHASE VEHICLE * SIMULATION VEHICLE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Name Not Listed Board Vice-Chair | OfficerTrustee | 1 | $0 |
Name Not Listed Board Chair | OfficerTrustee | 1 | $0 |
Name Not Listed Board Vice-Chair | OfficerTrustee | 1 | $0 |
Name Not Listed Board Treasurer | OfficerTrustee | 1 | $0 |
Name Not Listed Past Board Chair | OfficerTrustee | 1 | $0 |
Name Not Listed Board Secretary | OfficerTrustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Children's Miracle Network Direct Marketing Mailing | 12/30/22 | $458,123 |
Millennium Events Event Set Up | 12/30/22 | $123,873 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $738,817 |
Related organizations | $0 |
Government grants | $7,354,366 |
All other contributions, gifts, grants, and similar amounts not included above | $11,358,102 |
Noncash contributions included in lines 1a–1f | $1,238,900 |
Total Revenue from Contributions, Gifts, Grants & Similar | $19,451,285 |
Total Program Service Revenue | $0 |
Investment income | $1,854,184 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $1,000,004 |
Net Income from Fundraising Events | $20,400 |
Net Income from Gaming Activities | $478,495 |
Net Income from Sales of Inventory | $207,809 |
Miscellaneous Revenue | $0 |
Total Revenue | $23,012,177 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $9,473,143 |
Grants and other assistance to domestic individuals. | $137,801 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $123,103 |
Compensation of current officers, directors, key employees. | $43,086 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,594,725 |
Pension plan accruals and contributions | $73,262 |
Other employee benefits | $167,905 |
Payroll taxes | $108,365 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $520,823 |
Fees for services: Investment Management | $147,818 |
Fees for services: Other | $712,101 |
Advertising and promotion | $643,913 |
Office expenses | $38,340 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $101,140 |
Travel | $14,592 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $22,192 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $4,232 |
Insurance | $205,401 |
All other expenses | $0 |
Total functional expenses | $14,129,361 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $701,896 |
Savings and temporary cash investments | $998,759 |
Pledges and grants receivable | $19,303,794 |
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 | $33,581 |
Prepaid expenses and deferred charges | $138,882 |
Net Land, buildings, and equipment | $29,768 |
Investments—publicly traded securities | $42,568,489 |
Investments—other securities | $23,962,312 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $28,876,366 |
Total assets | $116,613,847 |
Accounts payable and accrued expenses | $1,330,834 |
Grants payable | $0 |
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 | $2,000,000 |
Total liabilities | $3,330,834 |
Net assets without donor restrictions | $31,067,731 |
Net assets with donor restrictions | $82,215,282 |
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 | $116,613,847 |
Over the last fiscal year, Childrens Hospital Foundation has awarded $9,472,446 in support to 4 organizations.
Grant Recipient | Amount |
---|---|
NORTON HEALTHCARE INC PURPOSE: FUNDING OF CAPITAL PROJECTS, PROGRAMS AND SERVICES | $574,372 |
NORTON HOSPITALS INC PURPOSE: FUNDING OF CAPITAL PROJECTS, PROGRAMS AND SERVICES | $5,598,518 |
UNIVERSITY OF LOUISVILLE RESEARCH FOUNDATION PURPOSE: FUNDING OF ENDOWED CHAIRS, RESEARCH AND EDUCATION | $79,470 |
COMMUNITY MEDICAL ASSOCIATES INC PURPOSE: FUNDING OF CAPITAL PROJECTS, PROGRAMS AND SERVICES | $3,220,086 |