2026-07-10T12:44:12+00:00 2025-08-31 346565596 ERNST & YOUNG US LLP 155 N WACKER DRIVE CHICAGO IL 60606 990 2024-09-01 363357006 Ann & Robert H Lurie Children's Hospital of Chicago Foundation ANN& 3122277133 225 E CHICAGO AVE BOX 282 CHICAGO IL 606112991 ALEX P MILLER SVP, CHIEF FINANCIAL OFFICER 3122277133 2026-07-10 true true Emily Beckerman P01765498 3128792000 2026-07-10 2024 2025-03-06 01:10:19Z DOUGLAS GRANT STIRLING MD 225 E CHICAGO AVE BOX 282 CHICAGO IL 606112991 74657355 false X WWW.LURIECHILDRENS.ORG X 1984 IL To optimize philanthropy in support of the mission and future of the Children's Hospital of Chicago Medical Center. 69 66 0 493 0 64041798 73290595 0 0 0 0 -814071 -750862 63227727 72539733 42673904 54758215 0 13526986 13665819 2474802 1937694 19768872 2983509 4165359 61659201 74527087 1568526 -1987354 2621341 927211 2552595 2734029 68746 -1806818 To optimize philanthropy in support of the mission and future of the Children's Hospital of Chicago Medical Center. false false 54758215 54758215 0 SEE SCHEDULE O. 0 0 0 0 0 0 54758215 true true false false false false false false false false true false false false false false false true false false false false false true true false false true false true false false false false false false false false false false true false false false false true false false false false true X 0 0 0 false false false false false true true false false false false false false X 69 66 true false false false true true true true true false false false true true true true true true false false false false IL X ALEX P MILLER 3122277133 225 ECHICAGO AVE CHICAGO IL 606112991 Douglas Grant Stirling PhD Ex-Officio Director/President/Chief Development Officer 1.0 40.0 X X 0 988933 244161 Adam Grinde Director through 12/12/24 1.0 0 X 0 0 0 Alexander Pancoe Director through 5/5/25 1.0 0 X 0 0 0 Brad Sarnoff Director 1.0 0 X 0 0 0 C Shane Smith Director 1.0 0 X 0 0 0 Carlos M Minetti Director 1.0 0 X 0 0 0 Catherine H Gledhill Director & Chair 1.0 2.0 X 0 0 0 Daniel A Guerin Director 1.0 0 X 0 0 0 Daniel Voogt Director 1.0 0 X 0 0 0 Danielle Hoeg Ex-Officio Director 1.0 0 X 0 0 0 David Mchugh Director 1.0 1.0 X 0 0 0 Devanee Washington Director 1.0 0 X 0 0 0 Donald R Wilson Jr Director 1.0 0 X 0 0 0 Eleanor M Evangelides Director through 12/12/24 1.0 0 X 0 0 0 Eric S Smith DIRECTOR, CHAIR THROUGH 12/12/24 1.0 2.0 X 0 0 0 Estella Alonso MD Ex-Officio Director through 3/31/25 1.0 41.0 X 0 722862 39548 Florence Ann Romano Director 1.0 0 X 0 0 0 Gregory D Smith Director 1.0 0 X 0 0 0 J Todd Phillips Director 1.0 0 X 0 0 0 James C O'Leary Director 1.0 0 X 0 0 0 James P Flaherty Director 1.0 0 X 0 0 0 Jamie Pasquale PsyD Director 1.0 0 X 0 0 0 Jason B Moskowitz Director 1.0 0 X 0 0 0 Jed Hoyer Director 1.0 0 X 0 0 0 Jeff Dorner Director begin 12/12/24 1.0 0 X 0 0 0 Jessica Cole Director 1.0 0 X 0 0 0 John Do Director 1.0 0 X 0 0 0 John M Holmes Director 1.0 0 X 0 0 0 Kane Calamari Director 1.0 0 X 0 0 0 Karen Sauder Ex-Officio Director begin 12/12/24 1.0 2.0 X 0 0 0 Katherine D Leydon Director through 12/12/24 1.0 0 X 0 0 0 Katherine L Murray Director 1.0 0 X 0 0 0 Keith D Sanders Director 1.0 0 X 0 0 0 Kenneth A Viellieu Director 1.0 0 X 0 0 0 Kevin J McCarthy Director 1.0 0 X 0 0 0 Lauren Gorter Director & Vice Chair 1.0 0 X 0 0 0 Lee Gordon Director 1.0 0 X 0 0 0 Lisbeth C Stiffel Director 1.0 0 X 0 0 0 Lynne Sterrett Director 1.0 0 X 0 0 0 Malcolm S Kamin Director 1.0 0 X 0 0 0 Margaret B Stineman Ex-Officio Director 1.0 2.0 X 0 0 0 Margaret Mueller PhD Director 1.0 0 X 0 0 0 Margaret W Brennan Director through 12/12/24 1.0 0 X 0 0 0 Matthew D Tully Director begin 3/27/25 1.0 0 X 0 0 0 Matthew D Yeager Director 1.0 0 X 0 0 0 Maureen C Derose Director 1.0 0 X 0 0 0 Meredith Callison Ex-Officio Director begin 2/11/25 1.0 1.0 X 0 0 0 Michael A Reinsdorf Director 1.0 0 X 0 0 0 Michael T Bromfield Director 1.0 0 X 0 0 0 Michael Zoller Director 1.0 0 X 0 0 0 Mimi Murley Director 1.0 0 X 0 0 0 Oliver Badgio Director 1.0 0 X 0 0 0 Patrick J Nolan Director 1.0 0 X 0 0 0 Patrick R Gallagher Director 1.0 0 X 0 0 0 Paul E Meyer Director 1.0 0 X 0 0 0 Peter B Bensinger Jr Ex-Officio Director through 2/11/25 1.0 1.0 X 0 0 0 Peter Bulandr Jr Ex-Officio Director 1.0 0 X 0 0 0 Philip D Yeager Director 1.0 0 X 0 0 0 Philip K Fuentes Director 1.0 0 X 0 0 0 Prananatha Jha Director 1.0 1.0 X 0 0 0 Rachel Bishop PhD Director 1.0 0 X 0 0 0 Robert S Murley Director 1.0 2.0 X 0 0 0 Robin G Zafirovski Director 1.0 1.0 X 0 0 0 Roxanne Martino Ex-Officio Director through 12/12/24 1.0 2.0 X 0 0 0 Sabrina P Gracias Director & Vice Chair 1.0 0 X 0 0 0 Sarah Baine Director 1.0 0 X 0 0 0 Sarah Schmidt Director begin 3/27/25 1.0 0 X 0 0 0 Scott Sheridan Director through 4/25/25 1.0 0 X 0 0 0 Seth A Prostic Director 1.0 0 X 0 0 0 Steven H Mogul Director 1.0 0 X 0 0 0 Susan Kutchin Pallant Director 1.0 0 X 0 0 0 Susan M Chandler Director 1.0 0 X 0 0 0 Tara Henderson MD Ex-Officio Director begin 3/31/25 1.0 40.0 X 0 0 0 Theresa Danko Director 1.0 1.0 X 0 0 0 Thomas Coleman Jr Director through 1/5/25 1.0 0 X 0 0 0 Thomas G Nickele Director 1.0 0 X 0 0 0 Thomas Inge MD PHD Ex-Officio Director/Dept Chair Surgery 1.0 42.0 X 0 1235833 157352 Thomas P Shanley MD Ex-Officio Director/President & CEO LCH 1.0 46.0 X 0 1992705 624794 Tracey Patterson Director 1.0 0 X 0 0 0 Zachary D Lazar Jr Director 1.0 0 X 0 0 0 Alex P Miller SVP, Chief Financial Officer 1.0 46.0 X 0 757988 158968 Fatema Zanzi Esq EVP, Chief Admin & Legal Officer, Corporate Secretary 1.0 46.0 X 0 932953 173884 Brenda Davis Former Interim Chief Financial Officer through 2/6/23 0.0 41.0 X 0 354713 29463 0 6985987 1428170 0 false true false 0 14207102 59083493 2051111 73290595 0 0 0 0 0 0 0 0 0 1101576 14207102 1991789 -890213 -890213 265184 125833 139351 139351 0 0 0 0 0 72539733 0 0 -750862 54758215 54758215 11150761 11150761 334523 334523 2180535 2180535 1937694 1937694 0 0 0 0 96092 96092 330902 330902 1311001 1311001 484532 484532 59856 59856 7527 7527 Dues & Licenses 1396618 1396618 Special Cultivation Events 297192 297192 Consulting 81294 81294 Entertainment (non-event) 21346 21346 78999 0 0 78999 74527087 54758215 0 19768872 15000 15000 0 0 0 0 2606341 912211 1614953 1614953 0 0 0 0 0 0 2621341 927211 2552595 2734029 0 0 0 0 2552595 2734029 X 68746 -1806818 68746 -1806818 2621341 927211 X -1987354 111790 X false true true false X 58631596 80168895 85206823 64041798 73290595 361339707 0 0 58631596 80168895 85206823 64041798 73290595 361339707 21579383 339760324 0 0 0 0 0 0 0 0 361339707 5323006 0.94028 0.93204 X Schedule A, Part II SUPPORT SCHEDULE FOR ORGANIZATIONS DESCRIBE IN SECTIONS 170(B)(1)(A)(vi) Ann & Robert H. Lurie Children's Foundation ("Lurie Children's Foundation") is the fundraising arm of the Children's Hospital of Chicago Medical Center. For accounting purposes, restricted philanthropic funds are shown on Ann & Robert H. Lurie Children's Hospital of Chicago financial statements and unrestricted philanthropic dollars are shown on Lurie Children's Foundation financial statements. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1614953 1614953 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X X X X X X true ROBBINSKERSTEN DIRECT (RKD) 3400 WATERVIEW PARKWAY STE 250 RICHARDSON TX 75080 SEE PART IV false 3843191 1730366 2112825 Digital Third Coast Internet Marketing Inc 2540 W North Ave Chicago IL 60647 SEE PART IV false 489407 107293 382114 TRUSENSE MARKETING PO BOX 641114 PITTSBURGH PA 15264 SEE PART IV false 0 100035 -100035 4332598 1937694 2394904 IL CRF Ball 3506082 3281771 224311 267283 127315 101154 Pro Am 2268875 1880565 388310 10745 144525 111570 215412 13 9533721 9044766 488955 118613 225603 669569 15308678 14207102 1101576 10745 530421 464488 986135 1991789 -890213 Schedule G, Part I, Line 2b(i) ROBBINSKERSTEN DIRECT ("RKD") RKD Group is a multi-channel direct response fundraising agency serving nonprofit organizations exclusively. Professional fundraising efforts for the direct response/annual giving program including mail acquisition and renewals. Schedule G, Part I, Line 2b(ii) DIGITAL THIRD COAST Digital Third Coast works on a few of the annual program campaigns (Handfuls of Love campaign, Spring campaign and End of Year Giving campaigns). They provide digital support in the way of design/copy/social media assets for each of these campaigns. Schedule G, Part I, Line 2b(iii) TRUESENSE MARKETING Mailing Services of Pittsburgh works on a few of the annual program campaigns (Handfuls of Love campaign, Spring campaign and End of Year Giving campaigns). They provide digital support in the way of design/copy/social media assets for each of these campaigns. Schedule G, Part I, Line 2b(iv) PAYMENTS TO FUNDRAISERS All services from the listed professional fundraisers, totaling $1,937,694, were for services paid as expenses and not reimbursements. true LURIE CHILDREN'S HOSPITAL OF CHICAGO 225 E CHICAGO AVE CHICAGO IL 606112991 362170833 501(C)(3) 54758215 0 MISSION SUPPORT 1 0 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds Ann & Robert H. Lurie Children's Hospital of Chicago finance management reviews all philanthropic funds on a regular basis. Financial fund management reports are generated monthly and distributed electronically to all fund administrators and directors for review. Fund accountants work with administrators and directors regularly to monitor activity, to ensure compliance with donor intent, and to review appropriateness of expenditures against budgetary guidelines and donor direction. false true false false false false false Douglas Grant Stirling PhD Ex-Officio Director/President/Chief Development Officer 0 558706 0 259344 0 170883 0 207377 0 36784 0 1233094 0 0 Thomas P Shanley MD Ex-Officio Director/President & CEO LCH 0 1285552 0 449624 0 257529 0 590810 0 33984 0 2617499 0 0 Thomas Inge MD PHD Ex-Officio Director/Dept Chair Surgery 0 1141504 0 93813 0 516 0 113308 0 44044 0 1393185 0 0 Estella Alonso MD Ex-Officio Director through 3/31/25 0 630875 0 90647 0 1340 0 33672 0 5876 0 762410 0 0 Brenda Davis Former Interim Chief Financial Officer through 2/6/23 0 300377 0 52988 0 1348 0 12986 0 16477 0 384176 0 0 Fatema Zanzi Esq EVP, Chief Admin & Legal Officer, Corporate Secretary 0 619075 0 235530 0 78348 0 170345 0 3539 0 1106837 0 0 Alex P Miller SVP, Chief Financial Officer 0 579360 0 177840 0 788 0 118228 0 40740 0 916956 0 0 Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation Pursuant to the bylaws of Children's Hospital of Chicago Medical Center ("Medical Center"), the Compensation Committee of the board of directors of the Medical Center is charged with reviewing and approving senior executive compensation for the Medical Center and its affiliates and the compensation for any physician who meets the criteria for review and approval by the Committee. The Compensation Committee has adopted a written executive compensation philosophy which it follows when it reviews and approves the compensation and benefits of the organization's senior management, including the President. The compensation philosophy is subject to periodic review by the Compensation Committee for continued appropriateness in the current market. With the assistance of independent compensation consultants and information from a variety of sources (specified on Schedule J), the Compensation Committee confirmed the total amounts to be paid to identified executives and physicians were reasonable and comparable to amounts paid by similarly situated organizations to individuals in functionally similar positions. Legal counsel periodically advises the Compensation Committee with respect to federal tax requirements in setting compensation and the establishment of the "rebuttable presumption of reasonableness" under the federal tax law intermediate sanctions rules. The process followed by the Compensation Committee, including a description of the data relied upon and the Compensation Committee's decisions, was thoroughly and contemporaneously documented. The Compensation Committee has expressly reviewed the reasonableness of compensation paid to identified executives and physicians, and has concluded, as the result of a process that is designed to qualify for the rebuttable presumption of reasonableness, that all such amounts are reasonable and do not exceed fair market value for the services provided. The Compensation Committee is comprised of members of the Medical Center and Lurie Children's boards of directors who have been determined to be disinterested (which means no committee member has a conflict of interest) for these purposes. The Compensation Committee conducts an ongoing, regular review of the disinterested status of its members, and will take appropriate action with respect to anyone having an interest with respect to one or more executives so as to preserve the disinterested status of the committee and, as a result, the application of the rebuttable presumption of reasonableness. Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan Ann & Robert H. Lurie Children's Hospital of Chicago ("Lurie Children's") maintains a defined contribution supplemental executive retirement plan ("DC SERP"), which was established on January 1, 2017 and is a nonqualified deferred compensation plan for certain employees in executive positions for Lurie Children's and its affiliates. The benefits in the DC SERP are in the form of a fixed annual contribution rate and an earnings credit. Each year's contribution and earnings are at risk and will become fully vested and taxable only after five years of future employment service, or upon reaching age 62 with at least three years of service. Several listed persons in this Form 990 participate in the DC SERP, and the unvested contributions made for them are included in Schedule J, Part II, Column(C). The following individuals participated in the DC SERP and received a vested payment during 2024 which is reported in Column B (iii): Douglas Grant Stirling, PhD $163,258 Fatema Zanzi, Esq. $77,376 Thomas P. Shanley, MD $253,173 CEO DEFERRED COMPENSATION Listed individual Thomas Shanley MD is the sole participant in an additional supplemental retirement benefit arrangement that began in 2021. He is eligible to earn a benefit that will not become vested for several years. A prorated portion of the benefit (representing the portion earned in 2024) is reported in Column (C) as unvested deferred compensation, and will be reported again as compensation if and when the full benefit becomes vested and is subject to tax. The independent Compensation Committee of the Children's Hospital of Chicago Medical Center board, whose diligent review and approval process is described elsewhere in these narratives, has reviewed and approved Dr. Shanley's total compensation in a manner that qualifies for the rebuttable presumption of reasonableness under the federal tax law intermediate sanctions rules, and as part of this review process took into account the benefit being earned under this additional arrangement. Schedule J, Part II RELATED COMPENSATION The following individual is not compensated by the reporting organization for their service as a director or officer of the reporting organization. Rather, the compensation for the individual's substantial and full-time services as an employee reported on Form 990, Part VII and on Schedule J, Part II reflects compensation paid by Lurie Children's Surgical Foundation, Inc. Effective January 1, 2025, Lurie Children's Surgical Foundation, Inc. merged with and into its affiliated entity Pediatric Faculty Foundation, Inc., which then changed its name to Lurie Children's Medical Group, Inc. on the same day. For more details, please refer to the 2024 Form 990 of Lurie Children's Surgical Foundation, Inc., FEIN 83-1650513. Thomas Inge, MD The following individual is not compensated by the reporting organization for their service as director or officer of the reporting organization. Rather, the compensation reported on Form 990, Part VII and on Schedule J, Part II reflects compensation for the individual's substantial and full-time services as an employee paid by Pediatric Faculty Foundation, Inc. Effective January 1, 2025, Pediatric Faculty Foundation, Inc. changed its name to Lurie Children's Medical Group, Inc. For more details, please refer to the 2024 Form 990 of Lurie Children's Medical Group, Inc. (formerly known as Pediatric Faculty Foundation), FEIN 36-3279680. Estella Alonso, MD The following individuals are not compensated by the reporting organization for their service as directors or officers of the reporting organization. Rather, the compensation for the individual's substantial and full-time services as an employee reported on Form 990, Part VII and on Schedule J, Part II reflects compensation paid by Ann & Robert H. Lurie Children's Hospital of Chicago ("Lurie Children's"). For more details, please refer to the 2024 Form 990 of Lurie Children's, FEIN 36-2170833. Alex P. Miller Brenda Davis Douglas Grant Stirling, PhD Fatema Zanzi, Esq. Thomas P. Shanley, MD 65 2051111 Other - MEDIAN PRICE false true true Schedule M, Part I, Line 32b Third parties used to solicit, process, or sell noncash contributions All securities (non-cash donations) are sent directly to Northern Trust. Northern Trust as custodian and broker immediately liquidates the securities per Lurie Children's policy and instructions. For donor recognition purposes, gifts are valued at the median prices on the day the securities are received. For accounting purposes, values are reconciled monthly for any gain/loss on the sale of securities. Schedule M, Part I Explanations of reporting method for number of contributions Securities - Publicly traded - Securities - Publicly Traded - The number of contributions reported on Part I, Line 9(b) is the number of stock contributions received, not the number of shares. Form 990, Part I, Line 22 EXPLANATION OF NEGATIVE NET ASSETS/FUND BALANCE In 2009, the board of Ann & Robert H. Lurie Children's Hospital of Chicago ("Lurie Children's") approved the consolidation of ownership of the investment assets on the books of Lurie Children's. All balances of cash, restricted investments, restricted net assets, pledge receivable, and annuities, that were previously on the Ann & Robert H. Lurie Children's Hospital of Chicago Foundation's ("Lurie Children's Foundation") books were re-designated to Lurie Children's books. While Lurie Children's Foundation no longer reports these restricted assets of cash contributions from donors or donor-related events on its books, Lurie Children's Foundation does still bear the expenses related to all fundraising events and activities. Form 990, Part III, Line 4a Program Service Description Ann & Robert H. Lurie Children's Hospital of Chicago Foundation ("Lurie Children's Foundation"), an Illinois not for profit corporation and an organization described under section 501(c)(3) of the code, is responsible for fundraising for Children's Hospital of Chicago Medical Center ("Medical Center ") (FEIN 36-3357004), Lurie Children's Foundation's sole corporate member, and one of the Medical Center 's affiliated tax-exempt organizations. Lurie Children's Foundation works with Ann & Robert H. Lurie Children's Hospital of Chicago ("Lurie Children's") to coordinate fundraising. Much of the fundraising conducted is directly contributed to Lurie Children's. Gifts received by Lurie Children's Foundation are primarily held by and available for distribution to Lurie Children's, Stanley Manne Children's Research Institute, and to the other tax-exempt affiliates of the Medical Center, as appropriate, or as may be designated by the donor. Lurie Children's Foundation seeks to secure the financial resources for Lurie Children's and the Medical Center's other affiliates that are needed for the organizations to remain leaders in pediatric health care, research, education and advocacy. Lurie Children's Foundation fundraising activities include programs to develop major gifts, leadership gifts, planned giving and annual gifts. Lurie Children's Foundation receives fundraising support from fundraising organizations and an active team of volunteers to cultivate and secure contributions that advance the mission of Lurie Children's and its affiliates. These organizations devote fundraising efforts entirely or in part to Lurie Children's and/or the Medical Center's other affiliates. Fundraising appeals by such organizations are coordinated with Lurie Children's Foundation's fundraising activities in order to avoid conflicting solicitations and to focus support on identified priorities. Form 990, Part V, Line 2a ALLOCATION OF SALARY EXPENSES Ann & Robert H. Lurie Children's Hospital of Chicago pays and issues Forms W-2 to employees who work for Ann & Robert H. Lurie Children's Hospital of Chicago Foundation. The allocation of the salary costs are disclosed on Form 990, Part IX, Statement of Functional Expenses. Form 990, Part V, Line 1a FORM 1099/1096 Vendors for the filing organization are paid by Ann & Robert H. Lurie Children's Hospital of Chicago ("Lurie Children's") (EIN 36-2170833). As such, all required Form 1099 and Forms 1096 reporting is filed under the Lurie Children's EIN. Form 990, Part VI, Line 15 EXECUTIVE COMPENSATION DESCRIPTION OF THE PROCESS BY WHICH THE COMPENSATION OF CERTAIN EXECUTIVES WAS DETERMINED The authority to review and approve executive compensation has been delegated to the Compensation Committee of Children's Hospital of Chicago Medical Center board of directors ("Compensation Committee"). The Compensation Committee has adopted a written executive compensation philosophy which it follows when it reviews and approves the compensation and benefits of the organization's senior management, including the President. The compensation philosophy is subject to periodic review for continued appropriateness by the Compensation Committee. With the assistance of a compensation consultant and information from a variety of external sources (specified on Schedule J), the Compensation Committee confirmed the total amounts to be paid were reasonable and comparable to amounts paid by similarly situated organizations for functionally similar positions. Outside legal counsel advises the Compensation Committee with respect to federal tax requirements in setting compensation and the establishment of the rebuttable presumption of reasonableness. The process followed by the Compensation Committee, including a description of the data relied upon and the Compensation Committee's decisions, was thoroughly and contemporaneously documented. The Compensation Committee has expressly reviewed the reasonableness of compensation paid to identified executives, and has concluded, as the result of a process that is designed to qualify for the rebuttable presumption of reasonableness under federal tax law, that all such amounts are reasonable and do not exceed fair market value for the services provided. The Compensation Committee is comprised of members of Children's Hospital of Chicago Medical Center board of directors have been determined to be disinterested for these purposes. The Compensation Committee conducts an ongoing and periodic review of the disinterested status of its members, and will take appropriate action with respect to anyone having an interest with respect to one or more executives so as to preserve the application of the rebuttable presumption of reasonableness. Form 990, Part VI, Line 2 FAMILY/BUSINESS RELATIONSHIPS AMONGST INTERESTED PERSONS Mimi Murley has a family relationship Robert S. Murley. Matthew D. Yeager has a family relationship with Phillip D. Yeager. Douglas Grant Stirling has a business relationship with Kane Calamari. John M. Holmes has a business relationship with Tracey Patterson. Eric S. Smith has a business relationship with Seth A. Prostic. Form 990, Part VI, Line 6 Classes of members or stockholders Children's Hospital of Chicago Medical Center is the organization's sole corporate member. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body The organization's sole corporate member, Children's Hospital of Chicago Medical Center, has certain reserved powers, including the power to appoint and remove all directors of the organization. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders Children's Hospital Of Chicago Medical Center, through its board of directors or designated committee, as the sole corporate member of the organization, has certain reserved powers with respect to appointment and removal of directors, appointment of certain officers, approval of amendments to governing documents, approval of financial matters, and approval of significant transactions including, but not limited to, merger, dissolution, disposition of assets other than in the ordinary course of business, and creation of subsidiaries. Form 990, Part VI, Line 11b Review of form 990 by governing body The Audit and Compliance Committee is the committee of the Children's Hospital of Chicago Medical Center (Medical Center) board of directors charged with the oversight of audit and tax matters for the Medical Center and its affiliates, including the Lurie Children's Foundation. During a special Audit and Compliance Committee meeting, and before Form 990 was filed, the Committee was provided with a review of Form 990 by the Chief Financial Officer ("CFO"). The CFO and outside tax advisor also responded to the Audit and Compliance Committee members' questions and afforded them the opportunity for detailed discussion of Form 990, prior to the Audit and Compliance Committee taking action to approve the filing of Form 990. A full copy of the organization's Form 990 was then provided to the respective filing organization's board following the Audit and Compliance Committee's approval. As part of its annual return preparation process, the organization, on an ongoing basis, consulted its tax consulting firm and outside tax legal counsel, both of which possess expertise in health care and tax-exempt return preparation, to advise and assist in the preparation of Form 990. These advisors worked closely with the organization's finance personnel and other members of the organization's team assembled to participate in the preparation of Form 990. Prior to presenting Form 990 to the Medical Center board's Audit and Compliance Committee, the organization's team, including its advisors, met frequently to discuss and review drafts of the form. Subsequent to the Audit and Compliance Committee review and approval, Form 990 was provided to the respective filing organization's board of directors. Form 990, Part VI, Line 12c Conflict of interest policy On an annual basis, Children's Hospital of Chicago Medical Center (The "Medical Center") and its affiliates (collectively the "Corporation") provide a comprehensive questionnaire to its board members, senior management and other key employees posing questions about actual or potential conflicts of interest. The Medical Center initiates follow up contact to those who do not respond and to clarify responses, where necessary. The Medical Center reviews each disclosure and provides a summary of relevant disclosures for the review and approval of the Medical Center Board's Nominating and Governance Committee. Board members, senior management, and key employees are subject to an applicable Medical Center conflict of interest policy and to a Code of Conduct, which includes the ongoing responsibility to promptly disclose conflicts of interests or duality of interests to a designated individual(s). Disclosures are provided to the Nominating and Governance Committee of the Medical Center Board of Directors, which considers all conflict and duality of interests issues. If the disinterested members of the Nominating and Governance Committee have determined that a potential or actual conflict of interest or duality of interest exists, the Nominating and Governance Committee shall determine if preparation of Conflicts Management Guidelines will sufficiently mitigate the potential or actual conflict of interest and/or duality of interest. If the Nominating and Governance Committee determines that Conflicts Management Guidelines will sufficiently mitigate the potential or actual conflict of interest and/or duality of interest, the Chief Legal Officer will prepare said Conflicts Management Guidelines regarding the particular person's potential or actual conflict of interest and/or duality of interest for review, approval, and oversight by the Nominating and Governance Committee. The Chief Legal Officer shares the Conflict Management Guidelines with the applicable person following approval by the Nominating and Governance Committee. The Conflicts Management Guidelines may require any or all of the aspects below. 1. The relevant person shall recuse themselves from all or a portion of the meeting of the board or committee on which the person serves while the proposed contract, transaction, or arrangement giving rise to the conflict of interest and/or the situation giving rise to a duality of interest is discussed. In addition, the person shall recuse themselves from all or a portion of the meeting of the board or committee on which the person serves while the matter is voted on, and only disinterested directors or committee members, as the case may be, may vote to determine whether to approve the contract, transaction, arrangement, or situation giving rise to the conflict of interest or duality of interest. In determining whether and when to require the person to recuse themselves during discussion of the proposed contract, transaction, or arrangement giving rise to the conflict of interest and/or the situation giving rise to a duality of interest, the disinterested board directors or committee members, as the case may be, shall balance the need to facilitate the discussion by having such person on hand to provide additional information with the need to preserve the independence of the determination process. 2. With respect to a conflict of interest or duality of interest, the disinterested members of the Nominating and Governance Committee shall exercise due diligence to determine whether the contract, transaction, or arrangement presented by the conflict of interest or duality of interest is fair and reasonable and in the best interest to the Corporation. In reaching such determination, the Nominating and Governance Committee shall determine whether there are alternatives to the proposed contract, transaction or arrangement that would not give rise to a conflict of interest or duality of interest. If a more advantageous contract, transaction, or arrangement that would not give rise to a conflict of interest or duality of interest is not reasonably attainable under the circumstances, the disinterested members of the Nominating and Governance Committee must determine by a majority vote that the contract, transaction, or arrangement presented by the conflict of interest or duality of interest is fair and reasonable and in the best interest to the Corporation before such contract, transaction, or arrangement may be approved for execution by the board of directors of its executive committee. If the Nominating and Governance Committee determines that Conflicts Management Guidelines will not sufficiently mitigate the potential or actual conflict of interest and/or duality of Interest, the Nominating and Governance Committee shall determine the appropriate steps. The Chief Legal Officer shares the Nominating and Governance Committee's decision with the applicable person following approval by the Nominating and Governance Committee. Form 990, Part VI, Line 19 Required documents available to the public The organization's financial statements are publicly available online at www.dacbond.com. The organization's Articles of Incorporation and annual reports are available through the Illinois Secretary of State. The organization also makes its general governing documents available to the general public upon request. Form 990, Part XI, Line 9 Other changes in net assets or fund balances FOUNDERS' BOARD RETAIL EXEMPT OPERATIONS - 111790; Total - 111790; ALMOST HOME KIDS 7 S 721 ROUTE 53 NAPERVILLE IL 60540 363822010 TRANSITION CR IL 501(c)(3) 10 MEDICAL CTR false STANLEY MANNE CHILDREN'S RESC INSTITUTE 225 E CHICAGO AVE CHICAGO IL 60611 363357005 RESEARCH IL 501(c)(3) 4 MEDICAL CTR false CHILDREN'S HOSPITAL OF CHICAGO MED CTR 225 E CHICAGO AVE CHICAGO IL 60611 363357004 HEALTH CARE IL 501(c)(3) 10 NA false LURIE CHILDRENS MEDICAL GROUP INC 225 E CHICAGO AVE CHICAGO IL 60611 363279680 HLTH CRE/RSCH IL 501(c)(3) 10 MEDICAL CTR false LURIE CHILDRENS LIABILITY PROTECTION PRG 225 E CHICAGO AVE CHICAGO IL 60611 366638400 INSURANCE IL 501(c)(3) Type III-FI MEDICAL CTR false LURIE CHILDREN'S 225 E CHICAGO AVE CHICAGO IL 60611 362170833 HOSPITAL IL 501(c)(3) 3 MEDICAL CTR false CHILDREN'S HOSPITAL OF CHICAGO FPP UNTIL 123124 737 NORTH MICHIGAN AVE 2040 CHICAGO IL 60611 363393780 SUPPORTNG ORG IL 501(c)(3) Type I MEDICAL CTR false LURIE CHILDREN'S PEDIATRIC ANESTHESIA ASSOCIATES UNTIL 123124 225 E CHICAGO AVE CHICAGO IL 60611 371838535 HEALTH CARE IL 501(c)(3) 3 MEDICAL CTR false LURIE CHILDREN'S SURGICAL FOUNDATION INC UNTIL 123124 225 E CHICAGO AVE CHICAGO IL 60611 831650513 HLTH CRE/RSCH IL 501(c)(3) 3 MEDICAL CTR false LURIE CHILDRENS CIN LLC 225 E CHICAGO AVE CHICAGO IL 60611 901025439 CONTRACTING SVCS IL NA CMMC INSURANCE CO LTD 225 E CHICAGO AVE CHICAGO IL 60611 981049532 SELF INSURANCE NA C Corporation false false true false false false false false false false false false false false false true true false false false