Program areas at CHMC Surgical Foundation
The Foundation was organized to operate for the benefit of Boston Children's Hospital and Harvard Medical School, to provide surgical services to patients, and to conduct and promote research and education in the field of pediatric surgery. The Foundation may charge for patient care and other medical services, provided that any net income be used for the charitable, scientific, and educational purposes for which the Foundation was created. The Foundation also provides care for many patients regardless of their ability to pay, as well as providing hospital and community based services that are either unavailable or limited elsewhere in the community.
The Foundation provides clinical services in certain clinics and satellite locations of Boston Children's Hospital (the Hospital) at agreed upon rates for reimbursement.
The Foundation receives income from Boston Children's Hospital for providing administration services. The Foundation carries on and promotes basic and applied medical research and education in the field of surgery by teaching students and other medical and scientific personnel; by providing or supplementing income to research personnel through fellowships, research grants, and stipends; and by giving lectures and publishing information concerning conditions and research results in the field of pediatric surgery in order to educate the general public and the medical profession.
Grants made by CHMC Surgical Foundation
Personnel at CHMC Surgical Foundation
| Name | Title | Compensation | Date of data |
|---|
| Marc R Laufer | Department Chief | $946,958 | 2023-09-30 |
| Heung Bae Kim | Clerk / Clerk / Clerk / Clerk / Clerk / Director | $1,038,272 | 2023-09-30 |
| Steven J Fishman | President | $1,561,228 | 2024-08-12 |
| Tom Jaksic | Treasurer | $813,084 | 2023-09-30 |
| Robert C Shamberger | President | $975,967 | 2019-09-30 |
Financials for CHMC Surgical Foundation
| Revenues | FYE 09/2023 | FYE 09/2022 | % Change |
|---|
| Total grants, contributions, etc. | $274,142 | $609,215 | -55% |
| Program services | $41,333,050 | $30,233,407 | 36.7% |
| Investment income and dividends | $752,140 | $406,594 | 85% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $16,606,542 | $635,969 | 2511.2% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $919,779 | $2,120,956 | -56.6% |
| Total revenues | $59,885,653 | $34,006,141 | 76.1% |
Organizations like CHMC Surgical Foundation
| Organization | Type | Location | Revenue |
|---|
| CH Neurology Foundation | 501(c)(3) | Boston, MA | $49,738,674 |
| Boston Pediatric Neurosurgical Foundation | 501(c)(3) | Boston, MA | $17,555,696 |
| Children's Orthopaedic Surgery Foundation | 501(c)(3) | Boston, MA | $76,080,289 |
| American College of Cardiology Foundation (ACCF) | 501(c)(3) | Washington, DC | $106,882,412 |
| Mary Free Bed Orthotics Prosthetics and Bionics | 501(c)(3) | Grand Rapids, MI | $20,297,091 |
| Crohn's and Colitis Foundation (CCFA) | 501(c)(3) | New York, NY | $81,491,223 |
| Children's Urological Foundation | 501(c)(3) | Boston, MA | $24,715,046 |
| CMHC Otolaryngologic Foundation | 501(c)(3) | Boston, MA | $39,054,990 |
| Children's Hospital Radiology Foundation | 501(c)(3) | Boston, MA | $44,364,090 |
| Boston Childrens Heart Foundation (BCHF) | 501(c)(3) | Boston, MA | $78,694,629 |
Data update history
September 23, 2024
Used new vendors
Identified 2 new vendors, including , and
October 6, 2023
Posted financials
Added Form 990 for fiscal year 2022
October 6, 2023
Updated personnel
Identified 2 new personnel
August 21, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 27, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Grantmaking organizationsDisease research fundraisersProfessional associationsDisease-focused nonprofitsChapter / child organizationsCharities
Issues
HealthMedical disciplines
Characteristics
Conducts researchState / local levelEndowed supportTax deductible donations
General information
- Address
- 300 Longwood Ave Fegan3
- Boston, MA 02115
- Metro area
- Boston-Cambridge-Newton, MA-NH
- County
- Suffolk County, MA
IRS details
- EIN
- 04-2767602
- Fiscal year end
- September
- Taxreturn type
- Form 990
- Year formed
- 1982
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- G90: Medical Disciplines
- NAICS code, primary
- 813212: Health and Disease Research Fundraising Organizations
- Parent/child status
- Subordinate organization
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