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
Who funds Children's Health Care Foundation
Grants from foundations and other nonprofits
Personnel at Children's Health Care Foundation
| Name | Title | Compensation | Date of data |
|---|
| Marc Gorelick | Board Member | $0 | 2023-10-15 |
| Brenda McCormick | Senior Vice President and Chief Financial Officer | $0 | 2023-11-14 |
| Jennifer Soderholm | Chief Financial Officer and Foundation President / President , Foundation | $306,860 | 2022-12-31 |
| Joslyn Biever | Vice President Philanthropy | $284,113 | 2022-12-31 |
| Annie Waters | Vice President Foundation Administration / Vice President Foundation Operations / Chief Development Officer / Senior Director of Development / Director Annual Giving | $331,984 | 2022-12-31 |
| ...and 10 more key personnel |
Financials for Children's Health Care Foundation
| Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
|---|
| Total grants, contributions, etc. | $18,769,264 | $14,493,222 | 29.5% |
| Program services | $0 | $0 | - |
| Investment income and dividends | $2,420,564 | $1,278,661 | 89.3% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $-1,941,421 | $4,921,145 | -139.5% |
| Net income from fundraising events | $-189,326 | $31,427 | -702.4% |
| Net income from gaming activities | $14,367 | $5,512 | 160.6% |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $5,186,000 | $4,708,469 | 10.1% |
| Total revenues | $24,259,448 | $25,438,436 | -4.6% |
Organizations like Children's Health Care Foundation
| Organization | Type | Location | Revenue |
|---|
| Wellstar Foundation | 501(c)(3) | Marietta, GA | $17,978,656 |
| Providence Little Company of Mary Foundation | 501(c)(3) | Torrance, CA | $32,063,835 |
| The Medical Center Foundation | 501(c)(3) | Gainesville, GA | $9,434,094 |
| Gillette Children's Foundation | 501(c)(3) | Saint Paul, MN | $13,656,321 |
| Baystate Health Foundation | 501(c)(3) | Springfield, MA | $19,230,995 |
| Norton Healthcare Foundation | 501(c)(3) | Louisville, KY | $8,241,395 |
| Texas Health Resources Foundation | 501(c)(3) | Arlington, TX | $19,184,776 |
| Rush Copley Foundation | 501(c)(3) | Aurora, IL | $7,434,112 |
| Valley Health Foundation (VHF) | 501(c)(3) | San Jose, CA | $20,606,173 |
| Coronado Hospital Foundation | 501(c)(3) | San Diego, CA | $7,992,677 |
Data update history
January 22, 2024
Updated personnel
Identified 1 new personnel
January 15, 2024
Posted financials
Added Form 990 for fiscal year 2022
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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