Childrens Foundation Research Institute
- Assets
- $0.0
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 0
- Location
- Memphis, TN
- Founding
- Data as of
- 12/2021
- EIN
- 83-4329511
Organization Overview
Childrens Foundation Research Institute is located in Memphis, TN. According to its NTEE Classification (H98) the organization is classified as: Pediatrics Research, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Childrens Foundation Research Institute 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, Childrens Foundation Research Institute generated $2.8m in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $3.0m during the year ending 12/2021. While expenses have increased by 3.2% per year over the past 2 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE HOPE TO CHILDREN, FAMILIES, AND THE COMMUNITY THROUGH INNOVATIVE RESEARCH TO ENHANCE THE HEALTH OF CHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CHILDREN'S FOUNDATION RESEARCH INSTITUTE (CFRI) IS A UNIQUE PARTNERSHIP OF THE CHILDREN'S FOUNDATION OF MEMPHIS, LE BONHEUR CHILDREN'S HOSPITAL, AND UNIVERSITY OF TENNESSEE HEALTH SCIENCE CENTER. THE CENTRAL MISSION OF THE CFRI IS FACILITATING INNOVATIVE RESEARCH TO IMPROVE THE LIVES AND HEALTH OF CHILDREN. THE CFRI PROVIDES COMPREHENSIVE BASIC AND CLINICAL RESEARCH INFRASTRUCTURE SUPPORT, LAB SPACE, SAFETY ASSISTANCE, GRANT SUBMISSION, BUDGETING SERVICES, SCIENTIFIC EDITING, AND STATISTICAL ASSISTANCE. THIS CENTRALIZED AND COORDINATED SUPPORT ACCELERATES DISCOVERY AND INNOVATION AND FORGES COLLABORATION, ALLOWING OUR PHYSICIANS AND SCIENTISTS TO CONCENTRATE ON WHAT THEY DO BEST: CUTTING-EDGE RESEARCH AIMED AT IMPROVING THE HEALTH OF CHILDREN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dennis Black Chair | OfficerTrustee | 2 | $0 |
Kevin Todd Treasurer | OfficerTrustee | 2 | $0 |
Monica Wharton Secretary | OfficerTrustee | 2 | $0 |
Marie Jackson President | Officer | 40 | $0 |
Michael Wiggins Board Member | Trustee | 2 | $0 |
Jeffery Sawyer Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $2,772,489 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,772,489 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,772,489 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $2,518,467 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| 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 | $188,545 |
| Advertising and promotion | $0 |
| Office expenses | $32,767 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,147 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $2,965,989 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| 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 | $193,500 |
| Total liabilities | $193,500 |
| Net assets without donor restrictions | -$193,500 |
| Net assets with donor restrictions | $0 |
| 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 | $0 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Childrens Foundation Research Institute has recieved totaling $2,772,489.
| Awarding Organization | Amount |
|---|---|
Le Bonheur Childrens Hospital Foundation Memphis, TN PURPOSE: OPERATIONAL SUPPORT | $2,772,489 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Childrens Foundation Research Institute Memphis, TN | $0 | $2,772,489 |
Cumberland Pediatric Foundation Brentwood, TN | $2,375,131 | $1,216,155 |
North Carolina Pediatric Society Inc Raleigh, NC | $1,318,327 | $902,985 |
Columbus Children Foundation Durham, NC | $1,023,937 | $1,536,692 |
Fleur De Lis Saint Louis, MO | $455,129 | $519,087 |
National Black Child Development Institute Inc Dacula, GA | $100,640 | $371,848 |
Reaching Out Foundation Inc Stone Mountain, GA | $647,961 | $81,511 |
Stryker Strong Hoover, AL | $4,632 | $48,304 |
Childress Institute For Pediatric Trauma Winston Salem, NC | $0 | $0 |
Pediatric Cardiac Intensive Care Foundation Richmond, VA | $1,816 | $0 |