Texas Childrens Hospital Foundation in Houston, Texas (TX)

Table of contents:

Organization representatives - add corrected or new information about Texas Childrens Hospital Foundation »

Non-representatives - add comments about Texas Childrens Hospital Foundation»

Texas Childrens Hospital Foundation
Employer Identification Number (EIN)510174104
Name of OrganizationTexas Childrens Hospital Foundation
AddressHouston, TX 77230
Tax Period2004
Asset Amount$662,640,366
Amount of Income$84,280,223
Form 990 Revenue Amount$84,280,223
National Taxonomy of Exempt Entities (NTEE)Health - General and Rehabilitative: Single Organization Support

Non-representatives - add comments:


Your IP address will be logged.

Amount of income in 2004: $84,280,223
This organization: 

Other organizations performing similar types of work: 


Assets in 2004: $662,640,366
This organization: 

Other organizations performing similar types of work: 


Expenses in 2004: $5,572,083
This organization: 

Other organizations performing similar types of work: 


Income to expenses ratio in 2004: 15.1
Texas Childrens Hospital Foundation: 

Other organizations performing similar types of work: 


Expenses allocated to program services in 2004: 49.0%
This organization: 

Other organizations performing similar types of work: 


Grants share in income in 2004: 0.0%
Texas Childrens Hospital Foundation: 

Other organizations performing similar types of work: 


Financial snapshot ($)

Revenue for 2004

Assets at end of 2004

Expenses for 2004

Functional Expenses for 2004 ($)

Income-Producing Activities for 2004

Revenue, Expenses, and Changes in Net Assets or Fund Balances
Total revenue$49,673,175$14,360,766$3,307,175$27,758,427$84,280,223
Contributions, gifts, grants, and similar amounts received$0$0$7,299$0$0
Contributions to donor advised funds
Direct public support$0$0$7,299$0$0
Indirect public support$0$0$0$0$0
Government contributions (grants)$0$0$0$0$0
Program service revenue including government fees and contracts$0$0$0$0$0
Membership dues and assessments$0$0$0$0$0
Interest on savings and temporary cash investments$0$0$0$0$0
Dividends and interest from securities$14,475,181$15,629,311$16,617,842$16,633,336$18,488,609
Net rental income or (loss)$0$0$0$0$0
Gross rents$0$0$0$0$0
Less: rental expenses$0$0$0$0$0
Other investment income$0$0$0$0$0
Gain or (loss) from sales of assets other than inventory$35,197,994$-1,268,545$-13,317,966$11,125,091$55,791,614
Gross amount from sales of assets other than inventory$137,349,829$0$6,740,633$11,125,091$55,791,614
Less: cost or other basis and sales expenses$102,151,835$1,268,545$20,058,599$0$0
Net income or (loss) from special events and activities$0$0$0$0$0
Gross revenue$0$0$0$0$0
Less: direct expenses other than fundraising expenses$0$0$0$0$0
Gross profit or (loss) from sales of inventory$0$0$0$0$0
Gross sales of inventory, less returns and allowances$0$0$0$0$0
Less: cost of goods sold$0$0$0$0$0
Other revenue$0$0$0$0$10,000,000
Total expenses$5,008,598$5,081,928$4,624,710$5,397,054$5,572,083
Program services$1,409,196$2,024,500$2,153,605$2,473,521$2,729,771
Management and general$3,599,402$3,057,428$2,471,105$2,923,533$2,842,312
Payments to affiliates$0$0$0$0$0
Net assets or fund balances at end of year$404,585,979$413,864,817$412,547,282$585,452,493$662,640,366
Excess or (deficit) for the year$44,664,577$9,278,838$-1,317,535$22,361,373$78,708,140
Net assets or fund balances at beginning of year$359,565,402$404,585,979$413,864,817$412,547,282$585,452,493
Other changes in net assets or fund balances$356,000$0$0$150,543,838$-1,520,267
Statement of Functional Expenses (for 2004)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$5,572,083$2,729,771$2,842,312$0
Grants paid from donor advised funds
Other grants and allocations$2,729,771
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$102,439$0$102,439$0
Compensation of former officers, directors, key employees, etc.
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)
Salaries and wages of employees not included above$5,400$0$5,400$0
Pension plan contributions not included above$0$0$0$0
Employee benefits not included above$0$0$0$0
Payroll taxes$7,348$0$7,348$0
Professional fundraising fees$0$0$0$0
Accounting fees$84,160$0$84,160$0
Legal fees$149,864$0$149,864$0
Postage and shipping$0$0$0$0
Equipment rental and maintenance$0$0$0$0
Printing and publications$0$0$0$0
Conferences, conventions, and meetings$0$0$0$0
Depreciation, depletion, etc.$0$0$0$0
Other expenses not covered above$2,493,101$0$2,493,101$0
Balance Sheets
Total assets$404,896,764$414,264,602$412,547,282$611,377,344$673,371,557
Cash - non-interest-bearing$0$0$0$0$0
Savings and temporary cash investments$8,811,989$3,958,993$3,294,462$4,278,910$10,105,004
Accounts receivable less allowance for doubtful accounts$1,987,060$2,096,614$2,473,610$0$0
Pledges receivable less allowance for doubtful accounts$0$0$0$0$0
Grants receivable$0$0$0$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)
Other notes and loans receivable less allowance for doubtful accounts$0$0$0$0$0
Inventories for sale or use$0$0$0$0$0
Prepaid expenses and deferred charges$0$0$0$0$0
Investments - publicly-traded securities
Investments - other securities$394,097,715$408,208,995$406,779,210$605,649,524$662,049,194
Investments - land, buildings, and equipment less accumulated depreciation$0$0$0$0$0
Investments - other$0$0$0$0$0
Land, buildings, and equipment less accumulated depreciation$0$0$0$0$0
Other assets, including program-related investments$0$0$0$1,448,910$1,217,359
Total liabilities$310,785$399,785$0$25,924,851$10,731,191
Accounts payable and accrued expenses$310,785$399,785$0$0$475,000
Grants payable$0$0$0$25,924,851$10,256,191
Deferred revenue$0$0$0$0$0
Loans from officers, directors, trustees, and key employees$0$0$0$0$0
Tax-exempt bond liabilities$0$0$0$0$0
Mortgages and other notes payable$0$0$0$0$0
Other liabilities$0$0$0$0$0
Total liabilities and net assets/fund balances$404,896,764$414,264,602$412,547,282$611,377,344$673,371,557
Total net assets or fund balances$404,585,979$413,864,817$412,547,282$585,452,493$662,640,366
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
Total revenue$49,673,175$14,360,766$0$27,758,427$84,280,223
Total revenue, gains, and other support per audited financial statements$49,673,175$14,360,766$0$46,188,128$82,759,956
Other expenses$0$0$0$18,429,701$-1,520,267
Net unrealized gains on investments$0$0$0$18,429,701$-1,520,267
Donated services and use of facilities$0$0$0$0$0
Recoveries of prior year grants$0$0$0$0$0
Other revenue$0$0$0$0$0
Investment expenses$0$0$0$0$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
Total expenses$5,008,598$5,081,928$0$5,397,054$5,572,083
Total expenses and losses per audited financial statements$4,652,598$5,081,928$0$5,397,054$5,572,083
Other revenue$0$0$0$0$0
Donated services and use of facilities$0$0$0$0$0
Prior year adjustments$0$0$0$0$0
Other expenses$356,000$0$0$0$0
Investment expenses$0$0$0$0$0
Current Officers, Directors, Trustees, and Key Employees
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings0
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?
Does the organization have a written conflict of interest policy?
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?Yes
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?
Did the organization acquire a direct or indirect interest in any applicable insurance contract?
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?
Number of employees employed in the pay period that includes March 12, 20060
Analysis of Income-Producing Activities (for 2004)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Program service revenue
Program service revenue 1000000$000$0$0
Program service revenue 2000000$000$0$0
Program service revenue 3000000$000$0$0
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$0
Interest on savings and temporary cash investments000000$000$0$0
Dividends and interest from securities000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$18,488,609$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$0Gain (or loss, to the extent allowed) from the sale of investments and other non-inventory property and from certain property acquired from financial institutions that are in conservatorship or receivership (sections 512(b)(5) and 512(b)(16)(A))$55,791,614$0
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenue000000$0Income from an activity that is not regularly carried on (section 512(a)(1))$10,000,000$0
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2004)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2004)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
Total number of other employees paid over $50,0000
Statements About Activities (for 2004)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?
Did the organization maintain any donor advised funds?
Did the organization make any taxable distributions under section 4966?
Did the organization make a distribution to a donor, donor advisor, or related person?
Enter the total number of donor advised funds owned at the end of the tax year
Enter the aggregate value of assets held in all donor advised funds owned at the end of the tax year
Enter the total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts
Enter the aggregate value of assets held in all funds or accounts included above at the end of the tax year
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isNot controlled by disqualified persons/supports non private foundation
Support Schedule
Gifts, grants, and contributions received$0$0$0$0$0
Membership fees received$0$0$0$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$0$0$0$0$0
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$0$0$0$0$0
Net income from unrelated business activities not included above$0$0$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0$0$0
Other income$0$0$0$0$0
Lobbying Expenditures by Electing Public Charities (for 2004)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated


Your Review

Would you recommend Texas Childrens Hospital Foundation to others? (optional)
Add photo of Texas Childrens Hospital Foundation (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Sign in with Twitter
Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»


Special limited-time promotion! Submit your review for a chance to win $500 in our sweepstakes!

Your email address (you will not be contacted unless you win, we do not sell your email address or send any spam):

Recently Added Reviews
Classics Elite Soccer Academy Inc in Fair Oaks, TX
Metro Relief in The Colony, TX
Rotary International, Corpus Christi Rotary Club in Crp Christi, TX
Flames Of Fire Healing Ministries World Outreach Center in Spring, TX
Merit Family Services in Fort Worth, TX
Burnet County Child Welfare Board in Burnet, TX
Kebbsmiles Foundation in Coppell, TX
Heaven Sent Pitbull Rescue in San Antonio, TX
Tried Stone Baptist Church in San Antonio, TX
Lizzys Hospice House in Dripping Springs, TX
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Mayo Foundation For Medical Education & Research200 First Street Sw, Rochester, MN 55905-0001MN1985-06$985,418,611
2University Of Virginia Physicians Group500 Ray C Hunt Dr, Charlottesvle, VA 22903-2981VA1980-12$369,390,764
3Texas Childrens Hospital Foundation6621 Fannin St, Houston, TX 77030-2303TX2005-11$308,148,669
4Barnabas Health Inc95 Old Short Hills Rd, West Orange, NJ 07052-1008NJ1985-05$151,925,044
5Presbyterian Systems CorporationNew York, NY 10021NY$144,992,896
6Childrens Hospital And Health System Foundation IncPO BOX 1997, Milwaukee, WI 53201-1997WI1985-03$136,970,130
7Texas Childrens Hospital FoundationHouston, TX 77230TX$84,280,223
8Cmc Foundation Of Central Texas, Childrens Medical Center4900 Mueller Blvd, Austin, TX 78723-3079TX2009-08$13,601,314
9St Paul FoundationDallas, TX 75235TX$1,466,571
10Santa Fe Memorial FdnBelton, TX 76513TX$82,688
11Harris County Hospital District Foundation2525 Holly Hall St, Houston, TX 77054-4124TX1994-02$22,584,851
12St Joseph Services Corporation, St Joseph Health System2801 Franciscan Dr, Bryan, TX 77802-2544TX1946-03$9,656,849
13Mary Crowley Cancer Foundation1700 Pacific Ave Ste 1100, Dallas, TX 75201-7307TX2009-06$1,191,892
14John Peter Smith Hospital Auxiliary, E T C Gift Shop1500 S Main St, Fort Worth, TX 76104-4917TX2002-02$644,901
15Frontera Healthcare NetworkPO BOX 989, Eden, TX 76837-0989TX2000-02$367,794
16Mission Hospital Foundation900 S Bryan Rd, Mission, TX 78572-6613TX2002-11$183,866
17Memorial Hospital Southeast Aux11800 Astoria Blvd, Houston, TX 77089-6041TX1994-11$177,051
18Matagorda Regional Medical Center Foundation104 7th St, Bay City, TX 77414-4853TX2004-09$158,827
19Brownsville Crippled Children Foundation Inc1901 E 22nd St, Brownsville, TX 78521-2956TX1991-04$133,669
20Northeast Medical Center Hospital Auxiliary Gift Shop18951 N Memorial Dr, Humble, TX 77338-4217TX2000-07$99,544
Number of organizations performing similar types of work
District of Columbia4
North Carolina12
North Dakota6
New Hampshire1
New Jersey15
New Mexico1
New York48
Rhode Island5
South Carolina12
South Dakota4
West Virginia6

faqs.org is not associated with, endorsed by, or sponsored by Texas Childrens Hospital Foundation and has no official or unofficial affiliation with Texas Childrens Hospital Foundation