Le Bonheur Childrens Hospital Foundation is located in Memphis, TN. The organization was established in 2003. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Le Bonheur Childrens 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 12/2021, Le Bonheur Childrens Hospital Foundation generated $25.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.6% each year. All expenses for the organization totaled $14.6m during the year ending 12/2021. While expenses have increased by 4.8% per year over the past 7 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, Le Bonheur Childrens Hospital Foundation has awarded 47 individual grants totaling $90,603,086. 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
SUPPORT OF LE BONHEUR CHILDREN'S HOSPITAL, A DIVISION OF METHODIST HEALTHCARE-MEMPHIS HOSPITALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LE BONHEUR CHILDREN'S HOSPITAL FOUNDATION IS COMMITTED TO IMPROVING THE HEALTH AND WELL-BEING OF CHILDREN IN OUR COMMUNITY BY RAISING FUNDS TO ASSIST LE BONHEUR CHILDREN'S HOSPITAL IN PREVENTING AND ELIMINATING PEDIATRIC ILLNESS AND INJURY. THE FOUNDATION SOLELY SUPPORTS THE IMPORTANT WORK AND MISSION OF LE BONHEUR CHILDREN'S HOSPITAL. NAMED AS ONE OF THE NATION'S BEST CHILDREN'S HOSPITALS BY U.S. NEWS AND WORLD REPORT, LE BONHEUR HAS A UNIQUE MISSION THAT GOES BEYOND ACUTE CARE FOR SICK AND INJURED CHILDREN AND INCLUDES PEDIATRIC RESEARCH, CLINICAL EDUCATION, ADVOCACY AND PREVENTIVE CARE. TOGETHER, WE WORK TO SOLVE CHILDREN'S HEALTH ISSUES AND ELIMINATE DISPARITIES IN HEALTH CARE ACCESS. LE BONHEUR USES EXISTING STRENGTHS TO DEVELOP NEW PROGRAMS TO REACH UNDERSERVED CHILDREN. WE ARE FOCUSED ON PROVIDING EACH CHILD AN OPPORTUNITY FOR A HEALTHY AND SAFE CHILDHOOD SO THEY CAN BECOME PRODUCTIVE CITIZENS AND ACHIEVE THEIR UNIQUE AND INDIVIDUAL POTENTIAL. IMPORTANT FACTS ABOUT LE BONHEUR CHILDREN'S HOSPITAL:-LE BONHEUR IS ONE OF SIX CAMPUSES OF METHODIST HEALTHCARE MEMPHIS HOSPITALS, A NOT-FOR-PROFIT HOSPITAL CORPORATION.-LE BONHEUR IS A REGIONAL PEDIATRIC ACADEMIC MEDICAL CENTER WITH 255 BEDS, 45 PEDIATRIC SUB-SPECIALTIES, 750 MEDICAL STAFF MEMBERS AND MORE THAN 3,400 EMPLOYEES.-EACH YEAR LE BONHEUR TREATS ALMOST 500,000 WITH OUR INPATIENT, OUTPATIENT AND COMMUNITY SERVICES. MOST PATIENTS COME FROM OUR 6-STATE REFERRAL AREA AND WE TYPICALLY SERVE CHILDREN FROM ALL 50 STATES AND MANY COUNTRIES.-LE BONHEUR SERVES AS THE EDUCATIONAL TRAINING CENTER FOR MEDICAL STUDENTS, RESIDENTS AND FELLOWS FOR THE UNIVERSITY OF TENNESSEE HEALTH SCIENCE CENTER.-THE CARE LE BONHEUR PROVIDES EXTENDS WELL INTO THE REGION AND BEYOND. LE BONHEUR HAS SUB-SPECIALTY OUTPATIENT CLINICS IN JACKSON, TN; JONESBORO, AR; AND TUPELO, MS.-LE BONHEUR IS A MAGNET DESIGNATED FACILITY BY THE AMERICAN NURSES CREDENTIALING CENTER AND DESIGNATED AS A LEVEL 1 PEDIATRIC TRAUMA CENTER BY THE AMERICAN COLLEGE OF SURGEONS.1. THE FOCUS OF OUR FUNDRAISING IS THE ENDOWMENT FOR THE FUTURE OF LE BONHEUR. WE ARE CURRENTLY IN A CAMPAIGN TO RAISE $100M FOR THE HOSPITAL'S ENDOWMENT TO ENSURE LE BONHEUR IS ALWAYS THERE FOR FUTURE GENERATIONS OF CHILDREN. THE ENDOWMENT CAMPAIGN HAS FIVE MAJOR FOCUS AREAS: CARE FOR ALL CHILDREN, NEUROSCIENCE, RESEARCH, CARDIOLOGY, AND EDUCATION. HAVING REACHED OVER $50M IN THE ENDOWMENT, WE HAVE BEGUN TO USE THE INTEREST TO SUPPORT VARIOUS CLINICAL NEEDS. IN 2021, WE CONTINUED OUR COMPETITIVE SMALL GRANTS PROGRAM TO FUND PROJECTS THAT WILL IMPROVE AND PROMOTE QUALITY AND SAFETY FOR OUR PATIENTS AND ASSOCIATES. IN ALL, 11 PROJECTS WERE FUNDED TO BE EXECUTED IN 2022.2. PEDIATRIC RESEARCH IS CRITICAL IN SUPPORT OF OUR CORE GOALS OF CONTRIBUTING TO THE PREVENTION, TREATMENT AND ELIMINATION OF CHILDREN'S DISEASE. THE CHILDREN'S FOUNDATION RESEARCH INSTITUTE (CFRI) PROVIDES INFRASTRUCTURE, EXPERTISE, SUPPORT AND COORDINATION TO FACILITATE BASIC, CLINICAL AND TRANSLATIONAL RESEARCH TO IMPROVE THE HEALTH OF CHILDREN. WE HAVE ALIGNED OUR RESEARCH FOCUS WITHIN AREAS OF MAJOR HEALTH PROBLEMS FOR THE POPULATION AND COMMUNITY WE SERVE LE BONHEUR CHILDREN'S HOSPITAL FOUNDATION, IN PARTNERSHIP WITH THE HOSPITALS RESEARCH DIVISION, AWARDED TWO JR FACULTY GRANTS FOR A TOTAL OF $48,668, AND $50,000 FOR SEVEN FELLOWSHIP GRANTS IN 2022 TO AID IN THE RESEARCH OF DISORDERED EATING BEHAVIORS IN PEDIATRIC PATIENTS WITH INFLAMMATORY BOWEL DISEASE, TRANSCRIPTOME OF INSULITIC HUMAN ISLETS, MECHANISM OF RENAL INJURY IN NEONATAL MICE EXPOSED TO HYPEROXIA, SEASONAL VARIATION OF SERUM TRYPTASE, 24 HOUR ABPN IN ADOLESCENTS WITH OBESITY BEING EVALUATED FOR LAPAROSCOPIC SLEEVE GASTRECTOMY, PILOT STUDY EXAMINING BIOMARKERS OF MULTIORGAN DYSFUNCTION AND VASCULOPATHY IN MULTISYSTEM INFLAMMATORY SYNDROME IN CHILDREN, PEDIATRIC VS. ADULT ABPM GUIDELINES TO PREDICT LVH. 3. THE LE BONHEUR FOUNDATION ALSO WORKS WITH A COMMITTEE OF FEDEX EMPLOYEES AND OTHERS TO RAISE FUNDS TO SUPPORT THE FEDEXFAMILYHOUSE, WHICH HOUSES OUT-OF-TOWN FAMILIES WHOSE CHILDREN ARE BEING TREATED AT LE BONHEUR. MANY FAMILIES HAVE AN EXTENDED STAY AND THE HOUSE SERVES AS A COMFORTABLE RESPITE AT A MOST STRESSFUL TIME. IN 2018, A $12-MILLION FUNDRAISING CAMPAIGN WAS COMPLETED AND THE FEDEXFAMILYHOUSE WAS EXPANDED FROM 24 ROOMS TO 75 ROOMS. THE NEW ADDITION OPENED IN DECEMBER 2018. EACH YEAR, THE LE BONHEUR FOUNDATION AND THE COMMITTEE RAISE AN AVERAGE OF $2 MILLION TO OPERATE THE FEDEXFAMILYHOUSE.4. IN ADDITION TO NATIONALLY RENOWNED CLINICAL EXPERTISE, LE BONHEUR BELIEVES WE HAVE A RESPONSIBILITY TO PARTNER WITH OUR COMMUNITY TO PROMOTE AND PROTECT CHILDREN'S HEALTH AND WELL-BEING. LE BONHEUR CHILDREN'S HOSPITAL IS COMMITTED TO PROVIDING EVIDENCE-BASED SERVICES FOR CHILDREN AND FAMILIES AND TO WORKING WITH COMMUNITY PARTNERS TO IMPROVE HEALTH AND BEST PRACTICES. MORE THAN 250 STAFF MEMBERS WORK WITH CHILDREN IN THEIR ENVIRONMENTS SCHOOLS, COMMUNITY CENTERS, CLINICS, CHILDCARE FACILITIES AND HOMES. OUR PROGRAMS FOCUS ON RISK REDUCTION FOR CHILDREN AND ADOLESCENTS, CHILD DEVELOPMENT AND EFFECTIVE PARENTING, INJURY PREVENTION AND PROMOTING THE HEALTH AND WELL-BEING OF CHILDREN. FUNDING FOR THESE IMPORTANT COMMUNITY PROGRAMS IS PROVIDED THROUGH GRANTS AND THE FOUNDATION'S FUNDRAISING EFFORTS.THE LE BONHEUR CHILDREN'S HOSPITAL FOUNDATION IS COMMITTED TO SUPPORTING LE BONHEUR CHILDREN'S HOSPITAL IN ITS MISSION TO PROVIDE AND CONTINUOUSLY IMPROVE THE HIGHEST QUALITY OF CARE TO THE CHILDREN WE SERVE.
LCHF IS A SUBSCRIBING MEMBER OF CHILDREN'S MIRACLE NETWORK HOSPITALS. LOCAL FUNDS RAISED THROUGH SPONSORS OF THIS ORGANIZATION SUPPORT SOME OF THE HOSPITAL'S GREATEST NEEDS. THE EXPOSURE RECEIVED THROUGH PARTNERSHIPS WITH MORE THAN 400 RETAIL CMN REGIONAL LOCATIONS ALLOWS LE BONHEUR TO HAVE A GREATER PRESENCE THROUGHOUT THE REGION. THIS PRESENCE GIVES OPPORTUNITY FOR GREATER EXPOSURE OF PROGRAMS AVAILABLE AT LE BONHEUR.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kevin Todd Treasurer | OfficerTrustee | 2 | $0 |
Michael Wiggins CEO | OfficerTrustee | 2 | $0 |
Jennilyn Utkov Executive Director | OfficerTrustee | 2 | $0 |
Maureen O'connor President | OfficerTrustee | 2 | $0 |
Brandon Edgerson Vp/coo | OfficerTrustee | 2 | $0 |
Monica Wharton Secretary | Officer | 2 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Children's Miracle Network Fundraising | 12/30/19 | $228,600 |
John Childress Photographer | 12/30/19 | $103,118 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $1,517,652 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $22,176,361 |
Noncash contributions included in lines 1a–1f | $802,979 |
Total Revenue from Contributions, Gifts, Grants & Similar | $23,694,013 |
Total Program Service Revenue | $0 |
Investment income | $2,025,902 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$9,361 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $25,710,554 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $12,914,951 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $798,566 |
Pension plan accruals and contributions | $50,588 |
Other employee benefits | $109,036 |
Payroll taxes | $57,594 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $744 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $6,000 |
Advertising and promotion | $0 |
Office expenses | $198,552 |
Information technology | $71,073 |
Royalties | $0 |
Occupancy | $0 |
Travel | $1,991 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $27,246 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $864 |
Insurance | $3,073 |
All other expenses | $355,603 |
Total functional expenses | $14,595,881 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $240,155 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $7,143,310 |
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 | $175,469 |
Net Land, buildings, and equipment | $2,936 |
Investments—publicly traded securities | $61,905,431 |
Investments—other securities | $26,407,069 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $801,337 |
Total assets | $96,675,707 |
Accounts payable and accrued expenses | $176,270 |
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 | $0 |
Total liabilities | $176,270 |
Net assets without donor restrictions | $24,227,295 |
Net assets with donor restrictions | $72,272,142 |
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 | $96,675,707 |
Over the last fiscal year, Le Bonheur Childrens Hospital Foundation has awarded $10,890,652 in support to 6 organizations.
Grant Recipient | Amount |
---|---|
Memphis, TN PURPOSE: OPERATIONAL SUPPORT | $2,772,489 |
Memphis, TN PURPOSE: CAPITAL ACQUISITIONS | $2,649,617 |
Memphis, TN PURPOSE: OPERATIONAL SUPPORT | $2,194,840 |
Memphis, TN PURPOSE: FEDEX FAMILY HOUSE | $1,662,563 |
Memphis, TN PURPOSE: OPERATIONAL SUPPORT - MARKETING | $1,169,576 |
UNIVERSITY OF TENNESSEE PURPOSE: RESEARCH SERVICES AND IRB FEES | $441,567 |
Over the last fiscal year, we have identified 1 grants that Le Bonheur Childrens Hospital Foundation has recieved totaling $2,500.
Awarding Organization | Amount |
---|---|
The Steve And Melody Golding Foundation Vicksburg, MS PURPOSE: CHARITABLE DONATION | $2,500 |
Beg. Balance | $60,079,423 |
Earnings | $5,221,223 |
Net Contributions | $9,284,579 |
Other Expense | $2,313,085 |
Ending Balance | $72,272,140 |
Organization Name | Assets | Revenue |
---|---|---|
Corvesta Inc Roanoke, VA | $82,180,783 | -$1,235,003 |
Inova Health System Foundation Fairfax, VA | $6,680,265,525 | $824,217,139 |
Carolina Medicorp Enterprises Llc Winston Salem, NC | $11,898,708 | $46,315,888 |
St Louis Childrens Hospital Foundation St Louis, MO | $519,869,527 | $109,928,853 |
Childrens Health System Inc Norfolk, VA | $122,433,385 | $34,959,405 |
Evergy Inc Kansas City, MO | $52,468,726 | $27,820,976 |
Capstone Health Services Foundation P C Tuscaloosa, AL | $29,375,344 | $27,823,379 |
Georges Inc Medical Tr Springdale, AR | $1,768,217 | $27,212,707 |
Fauquier Health Foundation Warrenton, VA | $249,193,841 | $9,571,718 |
Chesapeake Regional Medical Group Chesapeake, VA | $4,557,734 | $12,231,172 |
North Carolina Agricultural Foundation Inc Raleigh, NC | $248,209,354 | $30,308,869 |
Mid-South Carp Regional Council Health & Welfare Fund Goodlettsville, TN | $42,702,855 | $23,372,218 |