W I Cook Foundation Inc, operating under the name Cook Children's Health Foundation, is located in Fort Worth, TX. The organization was established in 1985. 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 09/2023, Cook Children's Health Foundation employed 46 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cook Children's Health 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 09/2022, Cook Children's Health Foundation generated $189.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.1% each year . All expenses for the organization totaled $46.7m during the year ending 09/2022. While expenses have increased by 6.6% 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 2015, Cook Children's Health Foundation has awarded 48 individual grants totaling $163,344,202. 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
KNOWING THAT EVERY CHILD'S LIFE IS SACRED, OUR PROMISE IS TO IMPROVE THE HEALTH OF EVERY CHILD IN OUR REGION THROUGH PREVENTION AND TREATMENT OF ILLNESS, DISEASE AND INJURY
Describe the Organization's Program Activity:
Part 3 - Line 4a
COOK CHILDREN'S IS MORE THAN A HEALTH CARE SYSTEM: WE STRIVE TO BE AN EXTENSION OF YOUR FAMILY, GROWING WITH YOUR CHILD FROM THEIR FIRST STEPS TO ADULTHOOD. BY COLLABORATING TO DELIVER ON OUR PROMISE-TO IMPROVE THE WELL-BEING OF EVERY CHILD IN OUR CARE AND OUR COMMUNITIES, WE CONNECT THE DOTS FOR OUR PATIENTS. BETWEEN PRIMARY AND SPECIALTY. BETWEEN HOME AND MEDICAL HOME. BETWEEN SHORT-TERM CARE AND LONG-TERM HEALTH. BASED IN FORT WORTH, TEXAS, WE'RE 8,000+ DEDICATED TEAM MEMBERS STRONG, PASSIONATELY CARING FOR OVER 1.5 MILLION PATIENT ENCOUNTERS EACH YEAR. OUR INTEGRATED, NOT-FOR-PROFIT ORGANIZATION SPANS TWO MEDICAL CENTERS, TWO SURGERY CENTERS, A PHYSICIAN NETWORK, HOME HEALTH SERVICES AND A HEALTH PLAN. IT ALSO INCLUDES THE CHILD STUDY CENTER AT COOK CHILDREN'S, COOK CHILDREN'S HEALTH SERVICES INC., AND COOK CHILDREN'S HEALTH FOUNDATION. SEVENTY FIVE PRIMARY, SPECIALTY AND URGENT CARE LOCATIONS PROVIDE NUMEROUS ACCESS POINTS TO LIFE-SAVING PEDIATRIC CARE THAT'S FAMILY-CENTERED AND BUILT ON LEADING TECHNOLOGY, COLLABORATION, SAFETY AND A BEST-IN-CLASS PATIENT EXPERIENCE. AND OUR IMPACT EXTENDS BEYOND THE BORDERS OF TEXAS. WE PROUDLY TREAT CHILDREN FROM VIRTUALLY EVERY STATE IN THE NATION AND 32 COUNTRIES. BY SEEING THE WORLD THROUGH THE EYES OF CHILDREN AND THEIR FAMILIES FROM ALL BACKGROUNDS, WE'RE ABLE TO SHAPE HEALTH CARE SUITED TO THEM: CONNECTED BY KINDNESS, IMAGINATION AND RESPECT-WITH AN EXTRA DOSE OF MAGICAL WONDER. COOK CHILDREN'S HEALTH FOUNDATION DONATIONS TO COOK CHILDREN'S HEALTH FOUNDATION ALLOW US TO CARE FOR OUR FAMILIES WHEN AND HOW THEY NEED US. SOMETIMES THAT'S BY PROVIDING NEW TECHNOLOGY OR EQUIPMENT, FUNDING RESEARCH TRIALS, HELPING A FAMILY WITH PRESCRIPTION MEDICATION COSTS OR BY GIVING A PARENT A CLEAN CHANGE OF CLOTHES DURING AN UNEXPECTED STAY. OUR HEALTH FOUNDATION HELPS CONNECT THE DOTS BETWEEN THOSE WHO WANT TO HELP AND THE NEEDS OF OUR PATIENTS. MANY GIFTS FUND A NUMBER OF VITAL PROGRAMS EACH YEAR, THESE THREE AREAS HIGHLIGHT PERFECTLY HOW THE SUPPORT WE RECEIVE FROM OUR COMMUNITIES HELPS CREATE THE MAGICAL EXPERIENCES THAT COOK CHILDREN'S IS KNOWN FOR. FUNDING CARE CLOSE TO HOME COOK CHILDREN'S BELIEVES ALL CHILDREN DESERVE ACCESS TO HEALTH CARE, NO MATTER THEIR ZIP CODE. SEVEN COMMUNITY-BASED NEIGHBORHOOD HEALTH CENTERS (NHC) GIVE FAMILIES A HOME FOR PRIMARY MEDICAL CARE CLOSE TO WHERE THEY LIVE, WORK AND ATTEND SCHOOL. THE FREE-STANDING PEDIATRIC CLINICS ARE LOCATED IN LOW-INCOME NEIGHBORHOODS IDENTIFIED AS HAVING INADEQUATE ACCESS TO PRIMARY CARE FOR CHILDREN. ABOUT 91% OF NHC PATIENTS ARE MEDICAID BENEFICIARIES. NEIGHBORHOOD HEALTH CENTERS ARE STAFFED WITH DOCTORS AND OTHER CLINICAL SUPPORT STAFF THAT PROVIDE AT-RISK CHILDREN HIGH-QUALITY, COMPREHENSIVE AND CULTURALLY SENSITIVE MEDICAL SERVICES FROM BIRTH THROUGH THEIR TEEN YEARS, INCLUDING WELL-CHILD EXAMS, VACCINES, SICK VISITS, NUTRITION, COUNSELING, SPEECH LANGUAGE INTAKE SERVICES, AND BEHAVIORAL HEALTH EVALUATIONS. IF A CHILD HAS A CHRONIC ILLNESS, THE NHC PROVIDES A MEDICAL HOME THAT WILL COORDINATE COMPLEX CARE AMONG OTHER COOK CHILDREN'S PROVIDERS. IF NOT FOR THE NHCS, MANY OF THESE FAMILIES WOULD TURN TO THE EMERGENCY DEPARTMENT (ED) FOR PRIMARY CARE AT A COST MUCH HIGHER THAN A TYPICAL CLINIC VISIT. NEIGHBORHOOD HEALTH CENTERS ARE HELPING KIDS ALL ACROSS COOK CHILDREN'S SERVICE AREA LEAD HEALTHIER, MORE PRODUCTIVE LIVES. IN FY23, THE NHCS CONDUCTED 118,358 PATIENT VISITS. EACH YEAR THE CLINICS LOSE A COMBINED $8.9 MILLION DUE TO THE HIGH NUMBER OF MEDICAID BENEFICIARIES. PHILANTHROPIC FUNDS THROUGH THE HEALTH FOUNDATION HELP FILL THESE FINANCIAL GAPS SO THAT COOK CHILDREN'S CAN DELIVER ON ITS PROMISE TO IMPROVE THE WELL-BEING OF EVERY CHILD REGARDLESS OF THEIR FAMILY'S ABILITY TO PAY. THE GENEROSITY OF HEALTH FOUNDATION DONORS HELPS SUSTAIN NHC SERVICES AND GIVES ALL CHILDREN THE HEALTH CARE THEY DESERVE. CONNECTED CARE THANKS TO A GENEROUS GIFT IN 2022 FROM THE JANE AND JOHN JUSTIN FOUNDATION, CHILDREN DIAGNOSED WITH DISORDERS OF THE NERVOUS SYSTEM HAVE AN EASIER JOURNEY THROUGH THE HEALTH CARE SYSTEM AT THE NEW JANE AND JOHN JUSTIN INSTITUTE FOR MIND HEALTH, WHICH OPENED IN OCTOBER 2023. DISORDERS OF THE BRAIN, SPINAL CORD AND NERVES OFTEN REQUIRE A CHILD TO VISIT A NUMBER OF DIFFERENT SPECIALISTS. COORDINATING MULTIPLE APPOINTMENTS WITH MULTIPLE PROVIDERS CAN BE DIFFICULT AND TAKE A SIGNIFICANT AMOUNT OF TIME, CREATING A BARRIER TO TREATMENT FOR SOME FAMILIES. THE JUSTIN INSTITUTE COMBINES NINE COMMONLY OVERLAPPING NEURO-RELATED SPECIALTIES UNDER ONE ROOF TO PROVIDE EASILY ACCESSIBLE, WELL-COORDINATED AND COMPREHENSIVE CARE FOR CHILDREN WITH NERVOUS SYSTEM DISORDERS. THE COMBINATION OF SPECIALTIES IS ABOUT MORE THAN CONVENIENCE. A CENTRAL LOCATION AND STRUCTURE FOSTERS INCREASED COMMUNICATION AND COLLABORATION ACROSS DEPARTMENTS. FOR PATIENTS, THIS TRANSLATES TO BETTER CARE. IN FY23, ADDITIONAL DONOR FUNDING WAS RECEIVED TO SUPPORT THE JUSTIN INSTITUTE AND THE MANY PROGRAMS AND SERVICES IT DELIVERS TO CHILDREN IN NORTH TEXAS AND BEYOND. SUPPORTING NEW DISCOVERIES COOK CHILDREN'S IS HOME TO MANY OF THE BEST AND BRIGHTEST MINDS IN PEDIATRIC HEALTH CARE. IN ADDITION TO PATIENT CARE, A NUMBER OF OUR PHYSICIANS CONDUCT RESEARCH THAT LEADS TO NEW DISCOVERIES IN MEDICINE AND ADVANCEMENTS IN PATIENT CARE. THE ENDOWED CHAIR PROGRAM RECOGNIZES THE GREAT WORK OF OUR INNOVATIVE PHYSICIANS WHO ARE ADVANCING PEDIATRIC CARE ALONG WITH COOK CHILDREN'S RESEARCH REPUTATION. IT ALLOWS PHYSICIANS TO BE COMPENSATED FOR THEIR TIME AS THEY DEVELOP PROGRAMS, PARTICIPATE IN CLINICAL RESEARCH, WRITE FOR NATIONAL PUBLICATIONS, MAKE PRESENTATIONS ON A NATIONAL LEVEL AND FURTHER ELEVATE THE REGIONAL, NATIONAL AND GLOBAL PROMINENCE OF THEIR WORK. MORE IMPORTANTLY, IT CONNECTS COOK CHILDREN'S PATIENTS WITH GROUNDBREAKING RESEARCH, NOVEL THERAPIES AND STATE-OF-THE-ART TECHNOLOGIES THAT COULD SIGNIFICANTLY IMPACT THEIR CARE AND HEALTH OUTCOMES. THANKS TO A GENEROUS GIFT IN FY23 TO OUR ENDOWED CHAIR PROGRAM, OUR PHYSICIANS ARE POISED TO PROVIDE SIGNIFICANT RESEARCH FOR THE HEALTH AND WELL-BEING OF NOT ONLY OUR PATIENTS, BUT CHILDREN ALL ACROSS THE GLOBE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Name Not Listed Trustee - Sec/treasurer | OfficerTrustee | 2 | $0 |
Name Not Listed Trustee - Sec/treasurer End 05/23 | OfficerTrustee | 2 | $0 |
Name Not Listed Trustee - Chairman | OfficerTrustee | 2 | $0 |
Name Not Listed Trustee - Vice Chair | OfficerTrustee | 2 | $0 |
Name Not Listed Trustee End 05/23 | Trustee | 1 | $0 |
Name Not Listed Trustee | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Bny Mellon Custodial Services | 9/29/23 | $855,008 |
Silchester International Investors Inc Investment Management Services | 9/29/23 | $621,727 |
Wcm Investment Management Inc Investment Management Services | 9/29/23 | $726,933 |
Tvm Advisors Consulting Services | 9/29/23 | $617,676 |
Copeland Capital Management Llc Investment Management Services | 9/29/23 | $552,909 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $424,856 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $40,539,917 |
Noncash contributions included in lines 1a–1f | $8,160,856 |
Total Revenue from Contributions, Gifts, Grants & Similar | $40,964,773 |
Total Program Service Revenue | $0 |
Investment income | $20,616,474 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $1,359,983 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $126,240,574 |
Net Income from Fundraising Events | -$64,622 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $189,117,182 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $19,689,282 |
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. | $2,832,584 |
Compensation of current officers, directors, key employees. | $650,004 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $4,693,688 |
Pension plan accruals and contributions | $344,276 |
Other employee benefits | $851,925 |
Payroll taxes | $314,463 |
Fees for services: Management | $0 |
Fees for services: Legal | $15,450 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $6,154,294 |
Fees for services: Other | $2,757,359 |
Advertising and promotion | $375,727 |
Office expenses | $115,821 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $92,729 |
Travel | $64,512 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $13,297 |
Interest | $0 |
Payments to affiliates | $476 |
Depreciation, depletion, and amortization | $73,505 |
Insurance | $0 |
All other expenses | $56,196 |
Total functional expenses | $46,656,091 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $68,359,294 |
Pledges and grants receivable | $12,202,020 |
Accounts receivable, net | $1,087,463 |
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 | $145,469 |
Net Land, buildings, and equipment | $7,732,027 |
Investments—publicly traded securities | $2,139,276,693 |
Investments—other securities | $1,158,648,334 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $14,359,393 |
Total assets | $3,401,810,693 |
Accounts payable and accrued expenses | $3,418,608 |
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 | $792,770 |
Total liabilities | $4,211,378 |
Net assets without donor restrictions | $3,217,744,850 |
Net assets with donor restrictions | $179,854,465 |
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 | $3,401,810,693 |
Over the last fiscal year, W I Cook Foundation Inc has awarded $14,838,558 in support to 6 organizations.
Grant Recipient | Amount |
---|---|
COOK CHILDREN'S MEDICAL CENTER PURPOSE: FINANCIAL ASSISTANCE | $7,428,487 |
COOK CHILDREN'S PHYSICIAN NETWORK PURPOSE: FINANCIAL ASSISTANCE | $1,656,663 |
COOK CHILDREN'S HEALTH CARE SYSTEM PURPOSE: FINANCIAL ASSISTANCE | $2,394,195 |
COOK CHILDREN'S HOME HEALTH PURPOSE: FINANCIAL ASSISTANCE | $31,222 |
COOK CHILDREN'S MEDICAL CENTER-PROSPER PURPOSE: FINANCIAL ASSISTANCE | $143,259 |
CHILD STUDY CENTER PURPOSE: FINANCIAL ASSISTANCE | $3,184,732 |