Lucile Salter Packard Childrens Hospital At Stanford

Organization Overview

Lucile Salter Packard Childrens Hospital At Stanford is located in Palo Alto, CA. The organization was established in 1984. According to its NTEE Classification (E24) the organization is classified as: Specialty Hospitals, under the broad grouping of Health Care and related organizations. As of 08/2021, Lucile Salter Packard Childrens Hospital At Stanford employed 5,964 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lucile Salter Packard Childrens Hospital At Stanford 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 08/2021, Lucile Salter Packard Childrens Hospital At Stanford generated $2.2b in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $2.1b during the year ending 08/2021. While expenses have increased by 8.4% per year over the past 6 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, Lucile Salter Packard Childrens Hospital At Stanford has awarded 120 individual grants totaling $9,672,999. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

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Describe the Organization's Program Activity:

Part 3 - Line 4a

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Board, Officers & Key Employees

Name (title)Compensation
Paul King
Dir., Pres & CEO
$1,650,405
Dana Haering
Evp & CFO
$1,096,753
Rick Majzun
Evp & COO
$973,350
Edward Kopetsky
SVP & Cio
$776,164
Anshul Pande
VP & Cto
$668,187
Cameron D'alpe
Cao Physician Prac & CEO Pcha
$613,185

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Stanford University
Purchased Services
$189,720,284
Stanford Hospital And Clinics
Medical Laboratory
$127,298,934
Mckesson Health Solutions
Medical Supplier
$59,725,198
Medline Industries Inc
Medical Supplier
$22,293,485
Alight Solutions Llc
Employee Benefit Adm
$32,851,090
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$62,929
Government grants $11,112,229
All other contributions, gifts, grants, and similar amounts not included above$68,612,729
Noncash contributions included in lines 1a–1f $913,579
Total Revenue from Contributions, Gifts, Grants & Similar$79,787,887
Total Program Service Revenue$2,105,296,006
Investment income $24,404,408
Tax Exempt Bond Proceeds $28
Royalties $0
Net Rental Income $653,046
Net Gain/Loss on Asset Sales -$853,258
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,213,062,161

Grants Awarded

Over the last fiscal year, Lucile Salter Packard Childrens Hospital At Stanford has awarded $860,500 in support to 18 organizations.

Grant RecipientAmount

ADOLESCENT COUNSELING SERVICES

Org PageRecipient Profile

Redwood City, CA

PURPOSE: EMPOWER YOUTH IN OUR COMMUNITY TO FIND THEIR WAY THROUGH SOCIAL-EMOTIONAL SUPPORT AND BY BUILDING SAFE, ACCEPTING COMMUNITIES.

$100,000

PUENTE DE LA COSTA SUR

Org PageRecipient Profile

Pescadero, CA

PURPOSE: SUPPORT TO IMPROVE ACCESS TO PRIMARY HEALTHCARE SERVICES

$85,000

LEGAL AID SOCIETY OF SAN MATEO COUNTY

Org PageRecipient Profile

Redwood City, CA

PURPOSE: SUPPORT TO IMPROVE ACCESS TO PRIMARY HEALTHCARE SERVICES

$75,000

SANTA CRUZ COMMUNITY HEALTH CENTERS

Org PageRecipient Profile

Santa Cruz, CA

PURPOSE: SUPPORT TO IMPROVE ACCESS TO PRIMARY HEALTHCARE SERVICES

$65,000

Arlington, VA

PURPOSE: SUPPORT MARCH OF DIMES EVENTS

$60,000

Concord, CA

PURPOSE: CREATE LONG-TERM CHANGE IN LOCAL FOOD SYSTEMS, BY CONNECTING CALIFORNIA COMMUNITIES WITH HEALTHY FOOD FROM CALIFORNIA FARMERS AND EXPANDING KNOWLEDGE ABOUT FOOD AND NUTRITION.

$60,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 15 grants that Lucile Salter Packard Childrens Hospital At Stanford has recieved totaling $2,571,415.

Awarding OrganizationAmount
California Pacific Medical Center Foundation

Sacramento, CA

PURPOSE: PROGRAM SUPPORT

$1,893,517
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$204,036
The Childrens Health Fund

New York, NY

PURPOSE: Health Project

$137,500
Schwab Charitable Fund

San Francisco, CA

PURPOSE: HEALTH

$130,900
Silicon Valley Community Foundation

Mountain View, CA

PURPOSE: Health

$103,500
Childrens Brain Disease Foundation

San Francisco, CA

PURPOSE: TO PROVIDE SUPPORT FOR TEEN HEALTH EDUCATION AND RESEARCH

$20,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$399,694,000
Earnings$130,731,000
Net Contributions$8,425,000
Other Expense$19,384,000
Ending Balance$519,466,000

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