2021-05-05T15:42:40-05:00 2020-06-30 BKD LLP 312 WALNUT STREET SUITE 3000 CINCINNATI OH 45202 990 2019-07-01 310537130 THE CHILDREN'S HOSPITAL % CAROLYN KARAGEORGES CHIL 5138031106 3333 Burnet Avenue Cincinnati OH 452293039 JANA BAZZOLI Treasurer 5138031106 2021-05-15 true Aaron Hershberger P00961884 5136218300 2019 2022-09-23 18:48:47Z MICHAEL HIRSCHFELD 3333 Burnet Avenue Cincinnati OH 452293039 1043447780 false X N/A X 1883 OH Support, treatment & research of diseases or disorders affecting children at children's hospital medical center. 17 17 0 0 4609650 3654089 0 0 321629409 137413438 0 0 326239059 141067527 83998095 91748407 0 0 0 0 0 0 0 3500833 4180423 87498928 95928830 238740131 45138697 3277811988 3279851763 11382161 11405980 3266429827 3268445783 X THE PURPOSE OF THE CHILDRENS HOSPITAL IS TO PROVIDE FINANCIAL SUPPORT AND OTHERWISE OPERATE FOR THE BENEFIT AND SUPPORT OF CINCINNATI CHILDRENS HOSPITAL MEDICAL CENTER, WHOSE VISION IS TO BE THE LEADER IN IMPROVING CHILD HEALTH. CINCINNATI CHILDRENS HOSPITAL MEDICAL CENTERS MISSION IS TO IMPROVE CHILD HEALTH AND TRANSFORM DELIVERY OF CARE THROUGH FULLY INTEGRATED, GLOBALLY RECOGNIZED RESEARCH, EDUCATION AND INNOVATION. FOR PATIENTS FROM THE COMMUNITY, THE NATION AND THE WORLD, THE CARE PROVIDED WILL ACHIEVE THE BEST MEDICAL AND QUALITY OF LIFE OUTCOMES, PATIENT AND FAMILY EXPERIENCE AND VALUE, TODAY AND IN THE FUTURE. false false 91748407 91748407 SEE SCHEDULE O 91748407 true true false false false false false false false true false false false false true true true false false false false false false false false false false true false true false false false false false false false false true false false false false true true true false false true 0 0 0 false false false false false false false false false false false false X 17 17 false false false false false false false true true false false true true true true true true false false false X CAROLYN KARAGEORGES 5138031106 3333 BURNET AVENUE Cincinnati OH 452293039 Mark Mumford TREASURER 1.0 50.0 X 0 973455 262917 Sharry Addison TRUSTEE 1.0 1.0 X 0 0 0 Robert DH Anning trustee 2.0 1.0 X 0 0 0 Lynwood L Battle Jr TRUSTEE 1.0 1.0 X 0 0 0 MARK BIEGGER TRUSTEE 1.0 4.0 X 0 0 0 Thomas G Cody VP / SECRETARY (through 10/19) 1.0 1.0 X X 0 0 0 Dave Dougherty TRUSTEE (through 10/19) 1.0 2.0 X 0 0 0 Nancy Kreiger Eddy PhD TRUSTEE 1.0 4.0 X 0 0 0 Beth Guttman TRUSTEE 1.0 4.0 X 0 0 0 Michael Hirschfeld Chairman / President 4.0 1.0 X X 0 0 0 Gary Huffman TRUSTEE 1.0 1.0 X 0 0 0 Mark Jahnke TRUSTEE 1.0 4.0 X 0 0 0 Joyce Keeshin TRUSTEE 1.0 1.0 X 0 0 0 David Osbourne TRUSTEE 4.0 1.0 X 0 0 0 Jane Portman Vice President / Secretary 1.0 4.0 X X 0 0 0 Liza Smitherman TRUSTEE 1.0 1.0 X 0 0 0 John Steinman TRUSTEE 1.0 1.0 X 0 0 0 JIM VANCE TRUSTEE 1.0 4.0 X 0 0 0 Felicia Williams TRUSTEE 1.0 2.0 X 0 0 0 Craig Young TRUSTEE 1.0 1.0 X 0 0 0 0 973455 262917 0 false true false BAHL GAYNOR 213 EAST THIRD STREET CINCINNATI OH 45202 Investment Mgmt 2102302 Eagle Asset Management 880 Carillon Parkway ST PETERSBURG FL 33716 Investment Mgmt 424052 PNC Bank 201 East Fifth Street CINCINNATI OH 45202 Investment Mgmt 848620 Fifth Third Bank 38 Fountain Square Plaza CINCINNATI OH 45263 Investment Mgmt 180058 Fort Washington Investment Advisors 303 Broadway Suite 1200 CINCINNATI OH 45202 Investment Mgmt 104234 5 3654089 35096 3654089 0 97763181 97763181 0 0 0 0 0 942030510 902380253 39650257 39650257 39650257 0 0 0 0 0 0 0 0 0 0 141067527 137413438 91748407 91748407 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3667115 3667115 0 0 0 0 0 0 0 0 0 100606 100606 0 0 0 OTHER EXPENSES 200178 200178 POLICY PREMIUM EXPENSE 212524 212524 95928830 91748407 4180423 0 0 0 16668993 14678026 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3244251819 3248646168 0 0 0 0 0 0 16891176 16527569 3277811988 3279851763 10587467 10587467 0 0 7635 35972 0 0 0 0 0 0 0 0 0 0 787059 782541 11382161 11405980 X 1422100968 1501546170 1844328859 1766899613 3266429827 3268445783 3277811988 3279851763 X 45138697 -151492386 108369645 X false true X true false X X 1 CHILDREN'S HOSPITAL MEDICAL CENTER 310833936 3 false 91748407 0 1 91748407 true false false false false false false false false false false false false false false true Part IV, Section A, Line 1 HOW SUPPORTED ORGANIZATIONS ARE DESIGNATED TCH'S SPECIFIC PURPOSES ARE TO OPERATE FOR THE BENEFIT OF, AND TO SUPPORT THE PURPOSES OF, CHILDREN'S HOSPITAL MEDICAL CENTER, AN OHIO NONPROFIT CORPORATION, AND TO CONDUCT ACTIVITIES CONSISTENT WITH SUCH PURPOSES, THE NONPROFIT CORPORATION LAWS OF THE STATE OF OHIO AND SECTION 501(C)(3) OF THE CODE. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1844328859 2990216 -27278838 51027660 2112964 1766899613 1673962879 3386131 215985839 47139869 1866121 1844328859 1494292948 875449 222813927 42242917 1776528 1673962879 1369641000 612049 164520089 39014530 1465660 1494292948 1312140000 996000 94849000 37010000 1334000 1369641000 0.98740 0.01260 false false 0 PRESENT VALUE OF FUTURE ANNUITY 782541 782541 X 97631659 -151492386 108056518 -43435868 141067527 141067527 95615700 95615700 313130 313130 95928830 SCHEDULE D, PART V, LINE 4 INTENDED USES OF ENDOWMENT FUNDS TCH'S TEMPORARY AND PERMANENTLY RESTRICTED ENDOWMENT FUNDS ARE RESTRICTED BY DONORS TO BE MAINTAINED BY TCH IN PERPETUITY. TCH'S INTENDED USE OF REVENUE FROM ENDOWMENT FUNDS IS TO PROVIDE FINANCIAL SUPPORT TO CINCINNATI CHILDREN'S HOSPITAL MEDICAL CENTER BASED ON DONOR INTENT. SCHEDULE D, PART X, LINE 2 FIN 48 (ASC 740) FOOTNOTE THE CORPORATION HAS RECEIVED A DETERMINATION FROM THE INTERNAL REVENUE SERVICE THAT IT IS RECOGNIZED AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE CORPORATION FOLLOWS ACCOUNTING STANDARDS CODIFICATION 740 "INCOME TAXES" (ASC 740) RELATED TO THE ACCOUNTING FOR INCOME TAXES, WHICH IS CONSISTENT WITH THE TAX BASIS OF ACCOUNTING. FISCAL YEARS 2017 THROUGH 2020 ARE SUBJECT TO EXAMINATION BY BOTH THE FEDERAL AND STATE TAX JURISDICTIONS. SCHEDULE D, PART XI, LINE 2D OTHER ADJUSTMENTS TRANSFER FROM CINCINNATI CHILDREN'S $108,625,248. OTHER MISCELLANEOUS CHANGES (568,730). TOTAL TO SCHEDULE D, PART XI, LINE 2D $108,056,518. SCHEDULE D, PART XII, LINE 4B OTHER ADJUSTMENTS EXPENSES INCLUDED IN INCOME IN AFS $313,130. TOTAL TO SCHEDULE D, PART XII, LINE 4B $313,130. true Children's Hospital Medical Center 3333 Burnet Avenue Cincinnati OH 45229 310833936 501(c)(3) 91748407 Patient Care AND RESEARCH 1 SCHEDULE I, PART I, LINE 2 PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS CINCINNATI CHILDREN'S SENIOR MANAGEMENT SUBMITS AN ANNUAL BUDGET PROPOSAL TO THE TCH BOARD OF TRUSTEES. THE TCH BOARD REVIEWS THE PROPOSAL AND THEN MAKES A DETERMINATION AS TO HOW MUCH FUNDING TO PROVIDE, AND WITH RESPECT TO RESTRICTED FUNDS, WHICH PROJECTS TO SUPPORT. UPON TCH BOARD APPROVAL, FUNDS ARE DISTRIBUTED TO CINCINNATI CHILDREN'S. false true false false false false false false false Mark Mumford TREASURER 0 624276 0 221035 0 128144 0 228329 0 34588 0 1236372 87867 SCHEDULE J, PART I, LINE 4B SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN CERTAIN OFFICERS AND KEY EMPLOYEES OF CINCINNATI CHILDREN'S, A RELATED ORGANIZATION TO TCH, HAVE ARRANGEMENTS WHICH PROVIDE FOR SUPPLEMENTAL RETIREMENT BENEFITS AS DESCRIBED IN IRC SEC. 457(F). DUE TO THE SUBSTANTIAL RISK OF FORFEITURE PROVISION, THESE ARRANGEMENTS ARE NON-VESTED AND THERE IS NO GUARANTEE THAT THESE OFFICERS AND KEY EMPLOYEES WILL RECEIVE THESE BENEFITS. THE FOLLOWING IS A LISTING OF OFFICERS THAT RECEIVED A PAYMENT UNDER CINCINNATI CHILDREN'S IRC SEC. 457(F) PLAN DURING THE YEAR (THESE AMOUNTS ARE INCLUDED IN THE TOTALS FOR SCHEDULE J, PART II, COLUMN B(III)AND COLUMN F): 1. MARK MUMFORD - $87,867. SCHEDULE J, PART II COMPENSATION INFORMATION EXPLANATION OF BENEFITS: ALL COMPENSATION AND BENEFITS REPORTED ON FORM 990, PART VII AND SCHEDULE J, PART II ARE PROVIDED BY CINCINNATI CHILDREN'S, A RELATED ENTITY TO TCH. THE EMPLOYEE BENEFIT PLAN CONTRIBUTION AMOUNTS LISTED ON SCHEDULE J, PART II MAY INCLUDE ONE OR MORE OF THE FOLLOWING BENEFITS: 1. ELECTIVE EMPLOYEE DEFERRALS UNDER IRC SEC. 403(B) 2. DISCRETIONARY EMPLOYER CONTRIBUTIONS UNDER IRC SEC. 403(B) 3. ELECTIVE EMPLOYEE DEFERRALS UNDER IRC SEC. 457(B) 4. ELECTIVE EMPLOYEE DEFERRALS UNDER IRC SEC. 457(F) IN ADDITION TO THE RETIREMENT PLAN CONTRIBUTIONS DISCLOSED ON FORM 990, PART VII AND SCHEDULE J, PART II, THE FOLLOWING NON-TAXABLE EMPLOYEE WELFARE BENEFITS WERE MADE AVAILABLE TO THE EMPLOYED, COMPENSATED OFFICERS AND KEY EMPLOYEES LISTED ON FORM 990, PART VII AND SCHEDULE J, PART II: 1. HEALTH AND DENTAL INSURANCE BENEFITS 2. GROUP LIFE INSURANCE (PORTIONS OF WHICH ARE TAXED) 3. UNEMPLOYMENT BENEFITS 4. DISABILITY BENEFITS THE OFFICERS AND KEY EMPLOYEES LISTED ON FORM 990, PART VII AND SCHEDULE J, PART II ARE ALSO ELIGIBLE FOR OTHER EMPLOYEE BENEFITS OFFERED BY CINCINNATI CHILDREN'S. X 2 35096 FMV false true false Schedule M, Part I, Column B NUMBER THE NUMBER REPORTED IN PART I, COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTORS. FORM 990, PART III, LINE 4A PROGRAM SERVICE ACCOMPLISHMENTS THE CHILDREN'S HOSPITAL, CINCINNATI, OHIO ("TCH") IS AN IRC SEC. 501(C)(3) TAX-EXEMPT ORGANIZATION WHOSE SOLE PURPOSE IS TO PROVIDE CHARITABLE FINANCIAL SUPPORT TO CINCINNATI CHILDREN'S HOSPITAL MEDICAL CENTER. SUCH CHARITABLE FINANCIAL SUPPORT IS PROVIDED PRIMARILY THROUGH EXPENDABLE INCOME GENERATED BY INVESTMENTS OF ENDOWMENT AND OTHER FUNDS BY TCH. DURING THE TAX YEAR JULY 1, 2019 TO JUNE 30, 2020, IN FULFILLMENT OF THIS CHARITABLE MISSION, TCH PROVIDED FINANCIAL SUPPORT AMOUNTING TO $91,748,407 TO CINCINNATI CHILDREN'S TO SUPPORT ITS CHARITABLE EFFORTS IN PEDIATRIC PATIENT CARE AND RELATED RESEARCH. FORM 990, PART V, LINE 3A FORM 990-T ALTHOUGH TCH DID NOT HAVE UNRELATED BUSINESS INCOME OF MORE THAN $1,000, A 990-T WAS FILED. FORM 990, PART VI, SECTION B, LINE 11 FORM 990 REVIEW THE CHILDRENS' HOSPITAL ("TCH") FORM 990 IS PREPARED AND REVIEWED BY EXTERNAL TAX CONSULTANTS. A DRAFT OF THE RETURN IS REVIEWED BY THE SENIOR MANAGEMENT FROM CINCINNATI CHILDREN'S HOSPITAL MEDICAL CENTER ("CCHMC"), A RELATED ORGANIZATION, FOR COMPLETENESS AND ACCURACY. THE FORM 990 IS THEN MADE AVAILABLE TO ALL TCH BOARD MEMBERS IN ADVANCE OF FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST MONITORING ALL OF TCH'S BOARD MEMBERS RECEIVE AN ANNUAL QUESTIONNAIRE REQUESTING INFORMATION REGARDING FAMILY AND BUSINESS RELATIONSHIPS THAT COULD POTENTIALLY RESULT IN A CONFLICT OF INTEREST AS DEFINED BY TCH'S CONFLICT OF INTEREST POLICY. ONCE THE QUESTIONNAIRES HAVE BEEN COMPLETED BY ALL OF TCH'S BOARD MEMBERS, THE QUESTIONNAIRES ARE REVIEWED. IF TCH DETERMINES THAT A CONFLICT OF INTEREST EXISTS, TCH FOLLOWS THE PROVISIONS SET FORTH IN TCH'S CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 PROCESS FOR DETERMINING COMPENSATION TCH DOES NOT HAVE ANY EMPLOYEES. HOWEVER, TCH HAS AN OFFICER THAT IS EMPLOYED BY CINCINNATI CHILDREN'S, A RELATED ORGANIZATION. CINCINNATI CHILDREN'S HAS A COMPENSATION COMMITTEE THAT ANNUALLY REVIEWS THE RECOMMENDATIONS OF CINCINNATI CHILDREN'S MANAGEMENT REGARDING EMPLOYEE PERFORMANCE EVALUATION AND COMPENSATION ADJUSTMENTS FOR DISQUALIFIED PERSONS TO ENSURE THAT CINCINNATI CHILDREN'S HAS COMPLIED WITH THE PROVISIONS OF THE REBUTTABLE PRESUMPTION OF REASONABLENESS UNDER IRC SEC. 4958. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS TCH'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MAINTAINED ON FILE BY CINCINNATI CHILDREN'S SENIOR MANAGEMENT AND ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII COMPENSATION MARK MUMFORD WAS EMPLOYED BY CINCINNATI CHILDREN'S, A RELATED ORGANIZATION. MARK DEVOTES AN AVERAGE OF 50 HOURS/WEEK FOR HIS DUTIES TO CINCINNATI CHILDREN'S AND AFFILIATED ENTITIES. FORM 990, PART XI, LINE 9 OTHER CHANGES IN NET ASSETS TRANSFERS FROM CINCINNATI CHILDREN'S 108,625,248. Decrease in Cash Surrender Value (255,603). TOTAL TO FORM 990, PART XI, LINE 9 108,369,645. Children's Hospital Medical Center 3333 Burnet Avenue Cincinnati OH 45229 310833936 Healthcare OH 501(c)(3) 3 TCH true CCHMC Community Health Services Network 3333 Burnet Avenue Cincinnati OH 45229 311459815 Healthcare OH 501(c)(3) 9 CHMC true false true false false false false false false false false false false true true false false false true Children's Hospital Medical Center B 91748407 FMV Children's Hospital Medical Center S 108625248 FMV SCHEDULE R, PART V TRANSACTIONS WITH RELATED ORGANIZATIONS DURING THE TIME PERIOD COVERED BY THIS RETURN, TCH RECEIVED CERTAIN ACCOUNTING AND ADMINISTRATIVE SERVICES FROM CINCINNATI CHILDREN'S AT NO COST, THE VALUE OF THESE SERVICES IS AN UNDETERMINABLE AMOUNT.