EIN 41-1814223

Children's Health Care Foundation

IRS 501(c) type
501(c)(3)
Num. employees
27
Year formed
1995
Most recent tax filings
2022-12-01
NTEE code, primary
Description
Children’s Health Care Foundation (The Foundation) supports the mission of Children’s Health Care, by obtaining financial resources that are leveraged to champion the special needs of children and their families and to improve children’s health by providing high-quality, family centered pediatric services. The foundation is the fundraising arm for Children’s, which formed in 1924, and is one of the largest children’s health care organizations in the US, with 385 staffed beds at our two hospital campuses in St. Paul and Minneapolis.
Related structure
Children's Health Care Foundation is a subordinate organization under Children's Hospitals and Clinics of MN.
Total revenues
$24,259,448
2022
Total expenses
$20,384,224
2022
Total assets
$87,926,238
2022
Num. employees
27
2022

Program areas at Children's Health Care Foundation

Program: Children's Health Care Foundation (the Foundation) supports the mission of Children's Health Care dba Children's hospitals and clinics (children's), by obtaining financial resources that are leveraged to champion the special needs of children and their families and to improve Children's Health by providing high-quality, family centered pediatric services. The Foundation is the fundraising arm for children's, which formed in 1924, and is one of the largest Children's Health Care organizations in the u.s., with 451 staffed beds at our two hospital campuses in st paul and minneapolis. See schedule o.
Research: the purpose of funding research at the Children's Health Care is to support a systematic investigation, including research development, testing, and evaluation, designed to develop or contribute to generalized knowledge. Currently, Children's has more than 403 ongoing research studies and programs.
Capital: capital support provides funds to purchase equipment and related supplies and services, or to make capital improvements. Such activities must 1) advance the mission of Children's and 2) have potential for significant or long-term impact.

Grants made by Children's Health Care Foundation

GranteeGrant descriptionAmount
Children's Hospitals and Clinics of MNHealthcare$14,513,471
Childrens Clinic Network (CHN)Healthcare$38,967
Minnesota Wild FoundationSponsorship$12,500

Who funds Children's Health Care Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Children's Hospital AssociationSupporting Programs at Children's Hospitals and Clinics of MN$515,000
Saint Paul and Minnesota FoundationMultiple Grants for Programs, Operations, Or Other Purposes$361,566
Pine Tree Apple Classic FundTo Support Research in Three Main Categories: Rare Tumors, Preventing Cancer Treatment Side Effects, and Promoting Quality of Life.$340,000
...and 61 more grants received totalling $3,725,504

Personnel at Children's Health Care Foundation

NameTitleCompensation
Marc GorelickBoard Member$0
Brenda McCormickSenior Vice President and Chief Financial Officer$0
Jennifer SoderholmChief Financial Officer and Foundation President / President , Foundation$306,860
Joslyn BieverVice President Philanthropy$284,113
Annie WatersVice President Foundation Administration / Vice President Foundation Operations / Chief Development Officer / Senior Director of Development / Director Annual Giving$331,984
...and 10 more key personnel

Financials for Children's Health Care Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$18,769,264
Program services$0
Investment income and dividends$2,420,564
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-1,941,421
Net income from fundraising events$-189,326
Net income from gaming activities$14,367
Net income from sales of inventory$0
Miscellaneous revenues$5,186,000
Total revenues$24,259,448

Form 990s for Children's Health Care Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-14990View PDF
2021-122022-11-12990View PDF
2020-122021-11-13990View PDF
2019-122021-02-22990View PDF
2018-122020-01-28990View PDF
...and 9 more Form 990s

Organizations like Children's Health Care Foundation

OrganizationLocationRevenue
Wellstar FoundationMarietta, GA$17,978,656
Providence Little Company of Mary FoundationTorrance, CA$32,063,835
The Medical Center FoundationGainesville, GA$9,434,094
Gillette Children's FoundationSaint Paul, MN$13,656,321
Baystate Health FoundationSpringfield, MA$19,230,995
Norton Healthcare FoundationLouisville, KY$8,241,395
Texas Health Resources FoundationArlington, TX$19,184,776
Rush Copley FoundationAurora, IL$7,434,112
Northwell Health FoundationWestbury, NY$116,719,999
Valley Health Foundation (VHF)San Jose, CA$20,606,173
Data update history
July 11, 2024
Received grants
Identified 9 new grant, including a grant for $340,000 from Pine Tree Apple Classic Fund
January 22, 2024
Updated personnel
Identified 1 new personnel
January 15, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 3, 2024
Received grants
Identified 20 new grant, including a grant for $515,000 from Children's Hospital Association
January 1, 2024
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Grantmaking organizationsChapter / child organizationsCharities
Issues
Health
Characteristics
Political advocacyProvides grantsFundraising eventsReceives government fundingEndowed supportGala fundraisersFundraising races, competitions, and tournamentsTax deductible donations
General information
Address
2525 Chicago Ave South
Minneapolis, MN 55404
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
County
Hennepin County, MN
Phone
(612) 813-6000
IRS details
EIN
41-1814223
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1995
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T30: Public Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Subordinate organization
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