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AKRON CHILDRENS HOSPITAL FOUNDATION: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
AKRON CHILDRENS HOSPITAL FOUNDATION (EIN 23-7114013)
Tax period
2012-01-01 to 2012-12-31
Filed
2013-11-09
IRS object ID
201323139349300402
Schema version
2012v2.3
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Timestamp2013-11-09T06:51:39-06:00Timestamp
Tax Period End Date2012-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1CHILDREN'S HOSPITAL MEDICAL CTR OF AKRONBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1ONE PERKINS SQAddressLine1
CityAKRONCity
StateOHState
ZIP Code44308ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2012-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN237114013EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1AKRON CHILDRENS HOSPITAL FOUNDATIONBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlAKRONameControl
Phone3305438171Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1ONE PERKINS SQUAREAddressLine1
CityAKRONCity
StateOHState
ZIP Code44308ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameMICHAEL P TRAINERName
TitleCHIEF FINANCIAL OFFICERTitle
Phone3305438171Phone
Date Signed2013-11-09DateSigned
Authorize Third PartyfalseAuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
Date Prepared2013-11-09DatePrepared
FieldValueIRS element (for citing)
Tax Year2012TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonJOHN ZOILONameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line1ONE PERKINS SQUAREAddressLine1
CityAKRONCity
StateOHState
ZIP Code44308ZIPCode
FieldValueIRS element (for citing)
Gross Receipts33117154GrossReceipts
Group Return For AffiliatesfalseGroupReturnForAffiliates
Organization501c3XOrganization501c3
Web SiteAKRONCHILDRENS.ORGWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1971YearFormation
State Legal DomicileOHStateLegalDomicile
Activity Or Mission DescriptionAKRON CHILDREN'S HOSPITAL FOUNDATION IS ORGANIZED EXCLUSIVELY FOR THE BENEFIT OF CHILDREN'S HOSPITAL MEDICAL CENTER OF AKRON. ITS PURPOSE IS TO SOLICIT FUNDS FROM DONORS.ActivityOrMissionDescription
Nbr Voting Members Governing Body34NbrVotingMembersGoverningBody
Nbr Independent Voting Members27NbrIndependentVotingMembers
Total Nbr Employees20TotalNbrEmployees
Total Gross UBI0TotalGrossUBI
Contributions Grants Prior Year17293548ContributionsGrantsPriorYear
Contributions Grants Current Year10764433ContributionsGrantsCurrentYear
Program Service Revenue CY0ProgramServiceRevenueCY
Investment Income Prior Year4091943InvestmentIncomePriorYear
Investment Income Current Year3997714InvestmentIncomeCurrentYear
Other Revenue Prior Year-211278OtherRevenuePriorYear
Other Revenue Current Year-349152OtherRevenueCurrentYear
Total Revenue Prior Year21174213TotalRevenuePriorYear
Total Revenue Current Year14412995TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year7999598GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY6804010GrantsAndSimilarAmntsCY
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year1555508SalariesEtcPriorYear
Salaries Etc Current Year1780859SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year2561322TotalFundrsngExpCurrentYear
Other Expense Prior Year1016907OtherExpensePriorYear
Other Expenses Current Year1018322OtherExpensesCurrentYear
Total Expenses Prior Year10572013TotalExpensesPriorYear
Total Expenses Current Year9603191TotalExpensesCurrentYear
Revenues Less Expenses Prior Year10602200RevenuesLessExpensesPriorYear
Revenues Less Expenses CY4809804RevenuesLessExpensesCY
Total Assets BOY87731506TotalAssetsBOY
Total Assets EOY98569484TotalAssetsEOY
Total Liabilities BOY1927101TotalLiabilitiesBOY
Total Liabilities EOY2297322TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY85804405NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY96272162NetAssetsOrFundBalancesEOY
Info In Schedule O Part IIIXInfoInScheduleOPartIII
Mission DescriptionAKRON CHILDREN'S HOSPITAL FOUNDATION IS ORGANIZED EXCLUSIVELY FOR THE BENEFIT OF CHILDREN'S HOSPITAL MEDICAL CENTER OF AKRON. ITS PURPOSE IS TO SOLICIT FUNDS FROM DONORS.MissionDescription
Significant New Program ServicesfalseSignificantNewProgramServices
Significant ChangefalseSignificantChange
Expense6804010Expense
Grants6804010Grants
DescriptionSPURRED BY THEIR COMMON CONCERN FOR THE FUTURE OF CHILD HEALTH CARE IN THE COMMUNITY, A SMALL GROUP OF CHILDREN'S HOSPITAL MEDICAL CENTER OF AKRON (THE HOSPITAL) TRUSTEES MET EARLY IN 1971 TO ASSESS THE LONG-TERM NEEDS OF THE INSTITUTION AND THOSE IT SERVED. THEY FORESAW AN UNPRECEDENTED PERIOD OF CHANGE AND GROWTH AHEAD, CAUSED BY THE BURGEONING ADVANCES IN MEDICAL SCIENCE AS WELL AS THE EXPANDING MULTI-COUNTY AREA SERVED BY THE HOSPITAL. THEY PREDICTED THAT, TO FULFILL THE HEALTH NEEDS OF THE COMING GENERATION, THE HOSPITAL WOULD HAVE TO UNDERGO A DRASTIC CHANGE - MOVING FROM PRIMARILY A COMMUNITY FACILITY TO A MAJOR REGIONAL MEDICAL CENTER. (CONTINUED ON SCHEDULE O) (CONTINUED FROM FORM 990, PART III, LINE 4A) AT THE SAME TIME, THEY REALIZED THAT THIS GROWTH COULD NOT BE FINANCED FROM PATIENT FEES ALONE. ON JUNE 3, 1971, THEY FORMALLY ESTABLISHED THE AKRON CHILDREN'S HOSPITAL FOUNDATION, A SEPARATE, NOT-FOR-PROFIT CORPORATION, TO SECURE FUNDS WHICH WOULD "ADD BREADTH AND DEPTH TO THE HOSPITAL'S CAPABILITIES IN HEALTH CARE, MEDICAL RESEARCH AND EDUCATION." ONE OF THE FIRST INITIATIVES OF THE BOARD OF THE NEWLY-FORMED FOUNDATION WAS TO CONDUCT A FUND RAISING APPEAL TO THE COMMUNITY, ON AN ANNUAL BASIS, USING VOLUNTEER SOLICITORS. IN ADDITION, THE FOUNDATION ESTABLISHED VARIOUS PROCEDURES FOR MANAGING AND INVESTING FUNDS THEY HOPED AND EXPECTED TO RAISE. THE FOUNDATION ALSO COMMITTED SUPPORTING EFFORTS TO EXPAND PUBLIC AWARENESS OF THE HOSPITAL AND ITS ROLES AS A REGIONAL MEDICAL CENTER FOR CHILDREN, AS WELL AS BURN VICTIMS OF ALL AGES. IN 2012, 6,804,010 FOUNDATION FUNDS WERE USED BY THE HOSPITAL TO SUPPORT ITS MISSION. OF THAT AMOUNT, 1,021,615 WAS USED FOR CAPITAL PURCHASES SUCH AS 210,000 FOR THE RENOVATION OF THE REINBERGER CENTER, 104,926 FOR THE CONSTRUCTION OF ALEX'S PLAYGROUND AT THE MAHONING VALLEY BEEGHLY CAMPUS, 127,548 FOR THE PURCHASE OF (7) NEW OMNIBEDS, 96,750 FOR OPHTHALMOLOGY EQUIPMENT AND 66,032 FOR (2) VENTILATORS. 2,068,000 WAS ALSO PROVIDED BY THE FOUNDATION FOR HOSPITAL PROGRAM OPERATING EXPENSES AT THE AKRON AND MAHONING VALLEY LOCATIONS THAT WOULD NOT HAVE OTHERWISE BEEN AVAILABLE THROUGH THE ANNUAL BUDGET. ADDITIONAL SUPPORT ALSO WENT FOR THE FOLLOWING PROGRAMS: 289,000 PALLIATIVE CARE, 563,000 HEMATOLOGY/ONCOLOGY, 228,000 ADOPTION CENTER, 298,000 COMMUNITY YOUTH FITNESS, 157,000 REGIONAL BURN CENTER, 204,000 GLOBAL HEALTH FUND, 165,000 PSYCHIATRY INTAKE PROGRAM, 130,000 REACH OUT AND READ PROGRAM, AND 59,000 AUTISM FAMILY CHILD LEARNING CENTER. THE REMAINING AMOUNT WAS USED FOR RESEARCH, TRAINING, EDUCATION AND SUPPORT PROGRAMS INCLUDING NEONATAL, PEDIATRICS, CHILD ADVOCACY, AND OTHER PROGRAMS. SINCE THE FOUNDATION'S CREATION, THE VISION OF ITS FOUNDERS HAS BEEN JUSTIFIED. ALLOCATIONS FROM THE FOUNDATION HAVE PROVIDED A WIDE RANGE OF SPECIALIZED LIFESAVING MEDICAL EQUIPMENT WHICH MIGHT NOT HAVE OTHERWISE BEEN POSSIBLE WITHIN THE HOSPITAL'S BUDGET LIMITATIONS. THE FOUNDATION HAS FINANCED MEDICAL RESEARCH INTO CAUSE, PREVENTION AND TREATMENT OF COMPLEX CHILDHOOD DISEASES AND PROBLEMS, AND HAS PROVIDED COMMUNITY SAFETY PROGRAMS IN PROFESSIONAL EDUCATION, PATIENT INFORMATION AND YOUTH DEVELOPMENT. THE NET EFFECT OF THESE EFFORTS HAS BEEN TO KEEP CHILDREN'S HOSPITAL MEDICAL CENTER OF AKRON AT THE FOREFRONT OF HEALTHCARE, WHILE MINIMIZING THE COST OF SUCH CARE TO PATIENTS AND THEIR FAMILIES.Description
Total Program Service Expense6804010TotalProgramServiceExpense
Described In501 C3trueDescribedIn501C3
Schedule B RequiredtrueScheduleBRequired
Political ActivitiesfalsePoliticalActivities
Lobbying ActivitiesfalseLobbyingActivities
Subject To Proxy TaxfalseSubjectToProxyTax
Donor Advised FundsfalseDonorAdvisedFunds
Conservation EasementsfalseConservationEasements
Collections Of ArtfalseCollectionsOfArt
Credit CounselingfalseCreditCounseling
Term Or Permanent EndowmentstrueTermOrPermanentEndowments
Report Land Bldg EquiptrueReportLandBldgEquip
Report Invest Oth SecuritiesfalseReportInvestOthSecurities
Report Prog Rel InvestfalseReportProgRelInvest
Report Other AssetstrueReportOtherAssets
Report Other LiabilitiestrueReportOtherLiabilities
Report Fin48 FootnotefalseReportFin48Footnote
Independent Audit Financial StmtfalseIndependentAuditFinancialStmt
Consolidated Audit Financial StmttrueConsolidatedAuditFinancialStmt
SchoolfalseSchool
Foreign OfficefalseForeignOffice
Foreign ActivitiestrueForeignActivities
More Than5000 K To OrganizationsfalseMoreThan5000KToOrganizations
More Than5000 K To IndividualsfalseMoreThan5000KToIndividuals
Professional FundraisingfalseProfessionalFundraising
Fundraising ActivitiestrueFundraisingActivities
GamingfalseGaming
HospitalfalseHospital
Grants To OrganizationstrueGrantsToOrganizations
Grants To IndividualsfalseGrantsToIndividuals
Schedule J RequiredtrueScheduleJRequired
Tax Exempt BondsfalseTaxExemptBonds
Excess Benefit TransactionfalseExcessBenefitTransaction
Prior Excess Benefit TransactionfalsePriorExcessBenefitTransaction
Loan To Officer Or DQPfalseLoanToOfficerOrDQP
Grant To Related PersonfalseGrantToRelatedPerson
Bsnss Rltnshp With OrganizationfalseBsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family MembertrueBsnssRltnshpThruFamilyMember
Officer Entity With Bsnss RltnshptrueOfficerEntityWithBsnssRltnshp
Deductible Non Cash ContributionsfalseDeductibleNonCashContributions
Deductible Contributions Of ArtfalseDeductibleContributionsOfArt
TerminatedfalseTerminated
Partial LiquidationfalsePartialLiquidation
Disregarded EntityfalseDisregardedEntity
Related EntitytrueRelatedEntity
Related Org Controlled EntitytrueRelatedOrgControlledEntity
Transaction Related EntityfalseTransactionRelatedEntity
Transfers To Exempt Non Chrtbl OrgfalseTransfersToExemptNonChrtblOrg
Activities Conducted PartnershipfalseActivitiesConductedPartnership
Schedule O RequiredtrueScheduleORequired
Info In Schedule O Part VXInfoInScheduleOPartV
Number Forms Transmitted With10960NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Number Of Employees20NumberOfEmployees
Employment Tax Returns FiledfalseEmploymentTaxReturnsFiled
Unrelated Business IncomefalseUnrelatedBusinessIncome
Foreign Financial AccounttrueForeignFinancialAccount
Name Of Foreign CountryCJNameOfForeignCountry
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTrans
Taxable Party NotificationfalseTaxablePartyNotification
Non Deductible ContributionsfalseNonDeductibleContributions
Quid Pro Quo ContributionstrueQuidProQuoContributions
Quid Pro Quo DisclosuretrueQuidProQuoDisclosure
Form8282 Property Disposed OffalseForm8282PropertyDisposedOf
Funds To Pay PremiumsfalseFundsToPayPremiums
Premiums PaidfalsePremiumsPaid
Indoor Tanning ServicesfalseIndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members34NbrVotingGoverningBodyMembers
Number Independent Voting Members27NumberIndependentVotingMembers
Family Or Business RelationshipfalseFamilyOrBusinessRelationship
Delegation Of Management DutiesfalseDelegationOfManagementDuties
Changes To Organizing DocsfalseChangesToOrganizingDocs
Material Diversion Or MisusefalseMaterialDiversionOrMisuse
Members Or StockholderstrueMembersOrStockholders
Election Of Board MemberstrueElectionOfBoardMembers
Decisions Subject To ApprovalfalseDecisionsSubjectToApproval
Minutes Of Governing BodytrueMinutesOfGoverningBody
Minutes Of CommitteestrueMinutesOfCommittees
Officer Mailing AddressfalseOfficerMailingAddress
Local ChaptersfalseLocalChapters
Form990 Provided To Governing BodyfalseForm990ProvidedToGoverningBody
Conflict Of Interest PolicytrueConflictOfInterestPolicy
Annual Disclosure Covered PersonstrueAnnualDisclosureCoveredPersons
Regular Monitoring EnforcementtrueRegularMonitoringEnforcement
Whistleblower PolicytrueWhistleblowerPolicy
Document Retention PolicyfalseDocumentRetentionPolicy
Compensation Process CEOtrueCompensationProcessCEO
Compensation Process OthertrueCompensationProcessOther
Investment In Joint VenturefalseInvestmentInJointVenture
States Where Copy Of Return Is FiledOHStatesWhereCopyOfReturnIsFiled
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1ALICIA LAMANCUSA VP FINANCEBusinessNameLine1
Business Name Line2CHILDREN'S HOSPITAL MEDICAL CENTERBusinessNameLine2
FieldValueIRS element (for citing)
Telephone Number3305438171TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1ONE PERKINS SQUAREAddressLine1
CityAKRONCity
StateOHState
ZIP Code44308ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (34 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekAverage Hours Per Week RelatedAverageHoursPerWeekRelatedIndividual Trustee Or DirectorIndividualTrusteeOrDirectorOfficerOfficerReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensation
WILLIAM H CONSIDINE
PRESIDENT/CE8.0044.00XX01573778257016
MICHAEL TRAINER
TREASURER/CF8.0044.00XX037085935368
DR RAJEEV KISHORE
DIRECTOR1.0040.00X030202811463
JOHN ZOILO
VICE CHAIR/V40.00XX254871068045
DR JOHN MCBRIDE
DIRECTOR1.0020.00X014437458666
PHILIP H MAYNARD
CHAIRMAN16.0011.00XX000
JOHN R ADAMS
DIRECTOR1.00X000
JAMES P BERRY
DIRECTOR1.00X000
ADAM BRIGGS
DIRECTOR1.00X000
DAVID BOUFFARD
DIRECTOR2.00X000
DR JOHN CROW
DIRECTOR1.00X000
MICHAEL GEORGE
SECRETARY2.00XX000
VALERIE GEIGER
DIRECTOR1.00X000
WILLARD HOLLAND
DIRECTOR1.00X000
DIANA MCCOOL
DIRECTOR1.00X000
THOMAS R CROWLEY
DIRECTOR2.00X000
KARA HANNUM LEWIS
DIRECTOR1.00X000
PATRICIA B ZIEGLER
DIRECTOR1.00X000
WILLIAM CUSHWA JR
DIRECTOR1.00X000
RICHARD GRIGG
DIRECTOR1.00X000
GREGORY J MICHALEC
DIRECTOR1.00X000
PATRICK JAMES
DIRECTOR1.00X000
ROBERT COOPER
DIRECTOR1.00X000
JOHN DELANEY
DIRECTOR1.00X000
PAUL DUTTON
DIRECTOR1.00X000
ROBERT LITTMAN
DIRECTOR1.00X000
PAULA MALONE
DIRECTOR1.0016.00X000
MARK OELSCHLAGER
DIRECTOR1.00X000
ALLEN RYAN JR
DIRECTOR1.00X000
FRANK BEVILACQUA
DIRECTOR1.00X000
RAYMOND HEXAMER
DIRECTOR1.00X000
GREGORY MCDERMOTT
DIRECTOR1.00X000
JAMES SISEK ESQ
DIRECTOR1.00X000
ERNEST POUTTU
DIRECTOR1.00X000
FieldValueIRS element (for citing)
Total Reportable Comp From Org254871TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs2391039TotalReportableCompFrmRltdOrgs
Total Other Compensation430558TotalOtherCompensation
Number Individuals GT100 K1NumberIndividualsGT100K
Formers ListedfalseFormersListed
Total Comp GT150 KtrueTotalCompGT150K
Compensation From Other SourcesfalseCompensationFromOtherSources

Contractor Compensation ContractorCompensation

Name Of Contractor NameOfContractor

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1FIRST MERIT BANKBusinessNameLine1

Address Of Contractor AddressOfContractor

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1295 FIRSTMERIT CIRCLEAddressLine1
CityAKRONCity
StateOHState
ZIP Code443072359ZIPCode
FieldValueIRS element (for citing)
Description Of ServicesBANKING - FEESDescriptionOfServices
Compensation108998Compensation
FieldValueIRS element (for citing)
Number Of Contractors GT100 K1NumberOfContractorsGT100K
Fundraising Events636075FundraisingEvents
Related Organizations533097RelatedOrganizations
All Other Contributions9595261AllOtherContributions
Total Contributions10764433TotalContributions

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column1676457TotalRevenueColumn
Exclusion$1,676,457ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

FieldValueIRS element (for citing)
Securities20676264Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

FieldValueIRS element (for citing)
Securities18355007Securities

Gain Or Loss GainOrLoss

FieldValueIRS element (for citing)
Securities2321257Securities

Net Gain Or Loss Investments NetGainOrLossInvestments

FieldValueIRS element (for citing)
Total Revenue Column2321257TotalRevenueColumn
Exclusion$2,321,257ExclusionAmount
FieldValueIRS element (for citing)
Cntrbtns Rprtd Fundraising Events636075CntrbtnsRprtdFundraisingEvents
Fundraising Direct Expenses349152FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

FieldValueIRS element (for citing)
Total Revenue Column-349152TotalRevenueColumn
Exclusion-$349,152ExclusionAmount

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column14412995TotalRevenueColumn
Exclusion$3,648,562ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

FieldValueIRS element (for citing)
Total6804010Total
Program Services6804010ProgramServices

Comp Current Officers Directors CompCurrentOfficersDirectors

FieldValueIRS element (for citing)
Total322916Total
Fundraising322916Fundraising

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total1175536Total
Fundraising1175536Fundraising

Pension Plan Contributions PensionPlanContributions

FieldValueIRS element (for citing)
Total48541Total
Fundraising48541Fundraising

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total160448Total
Fundraising160448Fundraising

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total73418Total
Fundraising73418Fundraising

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

FieldValueIRS element (for citing)
Total237859Total
Management And General237859ManagementAndGeneral

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total6281Total
Fundraising6281Fundraising

Advertising Advertising

FieldValueIRS element (for citing)
Total51764Total
Fundraising51764Fundraising

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total283646Total
Fundraising283646Fundraising

Occupancy Occupancy

FieldValueIRS element (for citing)
Total156174Total
Fundraising156174Fundraising

Travel Travel

FieldValueIRS element (for citing)
Total56737Total
Fundraising56737Fundraising

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total51906Total
Fundraising51906Fundraising

Other Expenses OtherExpenses (2 entries)

DescriptionDescriptionTotalTotalFundraisingFundraising
DONOR CULTIVATION165424165424
EQUIPMENT MAINT & REPAIRS85318531

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total9603191Total
Program Services6804010ProgramServices
Management And General237859ManagementAndGeneral
Fundraising2561322Fundraising

Pledges And Grants Receivable PledgesAndGrantsReceivable

FieldValueIRS element (for citing)
BOY1698011BOY
EOY1967042EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY117779BOY
EOY124368EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis588352LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec352893LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY262690BOY
EOY235459EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

FieldValueIRS element (for citing)
BOY77513934BOY
EOY87789199EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY8139092BOY
EOY8453416EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY87731506BOY
EOY98569484EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY464613BOY
EOY770972EOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY1462488BOY
EOY1526350EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY1927101BOY
EOY2297322EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY41227223BOY
EOY46180249EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY34384801BOY
EOY39184648EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY10192381BOY
EOY10907265EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY85804405BOY
EOY96272162EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY87731506BOY
EOY98569484EOY
FieldValueIRS element (for citing)
Info In Schedule O Part XIXInfoInScheduleOPartXI
Reconcilation Revenue Expenses4809804ReconcilationRevenueExpenses
Reconciliation Unrealized Invest5446789ReconciliationUnrealizedInvest
Reconcilation Other Changes211164ReconcilationOtherChanges
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or ReviewfalseAccountantCompileOrReview
FS AuditedtrueFSAudited

FS Audited Basis FSAuditedBasis

FieldValueIRS element (for citing)
Financial Statement ConsolidatedXFinancialStatementConsolidated
FieldValueIRS element (for citing)
Audit CommitteetrueAuditCommittee
Federal Grant Audit RequiredfalseFederalGrantAuditRequired

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org170b1 AviXPubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years9104405CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years7597644CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years9369450CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year17293548CurrentTaxYearMinus1Year
Current Tax Year10764433CurrentTaxYear
Total54129480Total

Total170 Total170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years9104405CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years7597644CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years9369450CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year17293548CurrentTaxYearMinus1Year
Current Tax Year10764433CurrentTaxYear
Total54129480Total
FieldValueIRS element (for citing)
Amounts Subst Contributors Total9306951AmountsSubstContributorsTotal
Public Support Total17044822529PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years2726606CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years994545CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years1206906CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year1528542CurrentTaxYearMinus1Year
Current Tax Year1676457CurrentTaxYear
Total8133056Total
FieldValueIRS element (for citing)
Total Support62262536TotalSupport
Public Support Pertcentage1700.71990PublicSupportPertcentage170
Public Support Pertcent Prior Year0.72220PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170XThirtyThreePercntTestsCY170

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule D IRS990ScheduleD

Current Year CurrentYear

FieldValueIRS element (for citing)
Beginning Of Year Balance48292758BeginningOfYearBalance
Contributions7590996Contributions
Investment Earnings Or Losses3474164InvestmentEarningsOrLosses
Other Expenditures-4172399OtherExpenditures
End Of Year Balance55185519EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

FieldValueIRS element (for citing)
Beginning Of Year Balance42191502BeginningOfYearBalance
Contributions11512095Contributions
Investment Earnings Or Losses-1529858InvestmentEarningsOrLosses
Other Expenditures-3880981OtherExpenditures
End Of Year Balance48292758EndOfYearBalance

Current Year Minus2 Years CurrentYearMinus2Years

FieldValueIRS element (for citing)
Beginning Of Year Balance37902948BeginningOfYearBalance
Contributions4684218Contributions
Investment Earnings Or Losses3511833InvestmentEarningsOrLosses
Other Expenditures-3907497OtherExpenditures
End Of Year Balance42191502EndOfYearBalance

Current Year Minus3 Years CurrentYearMinus3Years

FieldValueIRS element (for citing)
Beginning Of Year Balance30651078BeginningOfYearBalance
Contributions3667095Contributions
Investment Earnings Or Losses7080419InvestmentEarningsOrLosses
Other Expenditures-3495644OtherExpenditures
End Of Year Balance37902948EndOfYearBalance

Current Year Minus4 Years CurrentYearMinus4Years

FieldValueIRS element (for citing)
Beginning Of Year Balance34179353BeginningOfYearBalance
Contributions5744957Contributions
Investment Earnings Or Losses-4770848InvestmentEarningsOrLosses
Other Expenditures-4502384OtherExpenditures
End Of Year Balance30651078EndOfYearBalance
FieldValueIRS element (for citing)
Board Designated EOY Balance0.09230BoardDesignatedEOYBalance
Permanent Endowment EOY Balance0.19760PermanentEndowmentEOYBalance
Term Endowment EOY Balance0.71010TermEndowmentEOYBalance
Endowments Held By Unrelated OrgstrueEndowmentsHeldByUnrelatedOrgs
Endowments Held By Related OrgsfalseEndowmentsHeldByRelatedOrgs

Leasehold Improvements LeaseholdImprovements

FieldValueIRS element (for citing)
Other Cost Or Other Basis65297OtherCostOrOtherBasis
Depreciation18387Depreciation
Book Value46910BookValue

Equipment Equipment

FieldValueIRS element (for citing)
Other Cost Or Other Basis523055OtherCostOrOtherBasis
Depreciation334506Depreciation
Book Value188549BookValue
FieldValueIRS element (for citing)
Total Of Book Value Land Buildings235459TotalOfBookValueLandBuildings

Other Assets OtherAssets

FieldValueIRS element (for citing)
DescriptionTRUSTS RECEIVABLEDescription
Book Value8453416BookValue
FieldValueIRS element (for citing)
Total Book Value Other Assets8453416TotalBookValueOtherAssets

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
DescriptionINTRAFUND PAYABLEDescription
Amount$1,526,350Amount
FieldValueIRS element (for citing)
Total Of Amounts1526350TotalOfAmounts

Form990 Schedule D Part XIII Form990ScheduleDPartXIII

FieldValueIRS element (for citing)
IdentifierSUPPLEMENTAL FINANCIAL INFORMATIONIdentifier
Return ReferenceSCHEDULE D, PAGE 4, PART XIIIReturnReference
ExplanationPART V, LINE 4 - INTENDED USE FOR ENDOWMENT FUNDS TEMPORARILY RESTRICTED FUNDS ARE SUBJECT TO PURPOSE RESTRICTIONS IMPOSED BY THE DONOR. THOSE FUNDS ARE HELD UNTIL THE SPECIFIC PURPOSE IS MET AND THEN THEY ARE RELEASED FROM RESTRICTIONS. PERMANENTLY RESTRICTED FUNDS ARE FUNDS THAT ARE INVESTED IN PERPETUITY AND ARE NOT AVAILABLE TO FUND ANY CURRENT OPERATIONS. THE EARNINGS FROM THE ENDOWMENT FUND CAN BE USED FOR THE SPECIFIC PURPOSE IMPOSED BY THE DONOR. BOARD DESIGNATED FUNDS INCLUDE FUNDS FROM UNRESTRICTED SOURCES THAT HAVE BEEN INTERNALLY DESIGNED TO FUNCTION AS ENDOWMENTS. THESE FUNDS ARE TO BE USED FOR THE SOLE PURPOSE AS THEY WERE DESIGNED FOR. AKRON CHILDREN'S HOSPITAL FOUNDATION DOES HAVE A POLICY IN PLACE TO MONITOR ALL UNRESTRICTED, TEMPORARILY AND PERMANENTLY RESTRICTED FUNDS. SCHEDULE D, PART X, LINE 2: AKRON CHILDREN'S HOSPITAL FOUNDATION IS A SUBSIDIARY IN THE CONSOLIDATED FINANCIAL STATEMENTS OF CHILDREN'S HOSPITAL MEDICAL CENTER OF AKRON. CHILDREN'S HOSPITAL MEDICAL CENTER OF AKRON ADOPTED FIN 48 (ASC 740) IN 2007. NO DISCLOSURES WERE REQUIRED UNDER GAAP AS CHILDREN'S HOSPITAL MEDICAL CENTER OF AKRON DOES NOT HAVE ANY MATERIAL TAX CONSEQUENCES THAT REQUIRED A LIABILITY TO BE DISCLOSED IN THE FINANCIAL STATEMENTS.Explanation

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records MaintainedfalseGrantRecordsMaintained

Accts Actvs Out US Table AcctsActvsOutUSTable

FieldValueIRS element (for citing)
RegionCENTRAL AMERICA AND THE CARIBBEANRegion
Type Of Activities ConductedINVESTMENTSTypeOfActivitiesConducted
FieldValueIRS element (for citing)
Subtotal Amount Spent5627645SubtotalAmountSpent
Total Amount Spent5627645TotalAmountSpent
Transfer To Foreign CorpfalseTransferToForeignCorp
Interest In Foreign TrustfalseInterestInForeignTrust
Own Foreign CorptrueOwnForeignCorp
Passive Foreign Invest CofalsePassiveForeignInvestCo
Foreign PartnershipfalseForeignPartnership
Boycott CountriesfalseBoycottCountries

Form990 Schedule F Part V Form990ScheduleFPartV

FieldValueIRS element (for citing)
IdentifierACTIVITIES PER REGIONIdentifier
Return ReferenceSCHEDULE F, PAGE 1, PART I, LINE 3ReturnReference
ExplanationCENTRAL AMERICA AND THE CARIBBEAN 0 5,627,645Explanation

Schedule G IRS990ScheduleG

Events Information EventsInformation

FieldValueIRS element (for citing)
Name Of Event1RADIOTHONNameOfEvent1
Gross Receipts Event1636075GrossReceiptsEvent1
Charitable Contributions Event1636075CharitableContributionsEvent1
Other Direct Expenses Event1349152OtherDirectExpensesEvent1
Gross Receipts Total636075GrossReceiptsTotal
Charitable Contributions Total636075CharitableContributionsTotal
Other Direct Expenses Total Events349152OtherDirectExpensesTotalEvents
Direct Expense Summary Events349152DirectExpenseSummaryEvents
Net Income Summary-349152NetIncomeSummary

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Records MaintainedfalseRecordsMaintained

Recipient Table RecipientTable

Recipient Name Business RecipientNameBusiness

FieldValueIRS element (for citing)
Business Name Line1CHILDREN'S HOSPITAL MEDICAL CENTERBusinessNameLine1

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1ONE PERKINS SQUAREAddressLine1
CityAKRONCity
StateOHState
ZIP Code44308ZIPCode
FieldValueIRS element (for citing)
EIN Of Recipient340714357EINOfRecipient
IRC Section3IRCSection
Amount Of Cash Grant6804010AmountOfCashGrant
Purpose Of GrantPATIENT CARE NEEDSPurposeOfGrant
FieldValueIRS element (for citing)
Total Nbr Of501 C3 And Govt Grants1TotalNbrOf501C3AndGovtGrants

Form990 Schedule I Part IV Form990ScheduleIPartIV

FieldValueIRS element (for citing)
IdentifierPROCEDURES FOR MONITORING THE USE OF GRANT FUNDS INSIDE THE UNITED STATESIdentifier
Return ReferenceSCHEDULE I, PAGE 1, PART I, LINE 2ReturnReference
ExplanationAKRON CHILDREN'S HOSPITAL FOUNDATION PROVIDES SUPPORT FOR THE NEEDS OF THE CHILDREN'S HOSPITAL MEDICAL CENTER OF AKRON (THE HOSPITAL). ALL DONATIONS RECEIVED BY THE FOUNDATION ARE RECORDED APPROPRIATELY TO THE FUND OF THE DONOR'S INTENT; UNRESTRICTED, TEMPORARILY RESTRICTED, OR PERMANENTLY RESTRICTED. THOSE FUNDS ARE USED APPROPRIATELY, PER THE DONOR'S INTENT, BY THE HOSPITAL TO FURTHER THE MISSION OF THE HOSPITAL. PROCESSES, SUCH AS PROPER EXPENSE AND CAPITAL APPROVAL ARE IN PLACE TO MONITOR THE PROPER USE OF THOSE FUNDS. THE FUND BALANCES ARE REVIEWED MONTHLY TO ENSURE THE FUNDS ARE BEING USED AS THE DONOR WISHES.Explanation

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Idemnification Gross Up PaymentsXIdemnificationGrossUpPayments
Club Dues Or FeesXClubDuesOrFees
Written Policy Re T And E ExpensesfalseWrittenPolicyReTAndEExpenses
Substantiation RequiredtrueSubstantiationRequired
Severance PaymentfalseSeverancePayment
Supplemental Nonqual Retire PlantrueSupplementalNonqualRetirePlan
Equity Based Comp ArrangementfalseEquityBasedCompArrangement
Comp Based On Revenue Of Filing OrgfalseCompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related OrgsfalseCompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing OrgfalseCompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate OrgsfalseCompBasedNetEarningsRelateOrgs
Any Non Fixed PaymentsfalseAnyNonFixedPayments
Initial Contract ExceptionfalseInitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII (5 entries)

TitleTitleComp Based On Related OrgsCompBasedOnRelatedOrgsBonus Related OrgsBonusRelatedOrgsOther Compensation Related OrgsOtherCompensationRelatedOrgsDeferred Comp Related OrgsDeferredCompRelatedOrgsNontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgsTotal Compensation Related OrgsTotalCompensationRelatedOrgsBase Compensation Filing OrgBaseCompensationFilingOrgBonus Filing OrgBonusFilingOrgOther Compensation Filing OrgOtherCompensationFilingOrgDeferred Comp Filing OrgDeferredCompFilingOrgNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgTotal Compensation Filing OrgTotalCompensationFilingOrg
WILLIAM H CONSIDINE
PRESIDENTCEO1044145200000329633243435135811830794
MICHAEL TRAINER
TREASURERCFO36840424551715018218406227
DR RAJEEV KISHORE
DIRECTOR26009540341159249006563313491
JOHN ZOILO
VICE CHAIRVP ACHF217497320005374617836262322916
DR JOHN MCBRIDE
DIRECTOR128495146451234533145352203040

Form990 Schedule J Part III Form990ScheduleJPartIII (4 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
FRINGE OR EXPENSE EXPLANATIONSCHEDULE J, PAGE 1, PART I, LINE 1AJOHN ZOILO, VICE PRESIDENT OF THE AKRON CHILDREN'S HOSPITAL FOUNDATION, HAS A COUNTRY CLUB MEMBERSHIP THAT IS USED FOR BUSINESS MEETINGS WITH CURRENT AND PROSPECTIVE DONORS.
WRITTEN REIMBURSEMENT POLICY EXPLANATIONSCHEDULE J, PAGE 1, PART I, LINE 1BTHE EXECUTIVE REIMBURSEMENT TO JOHN ZOILO, WHICH INCLUDES THE GROSS-UP OF THE PERSONAL USE OF THE COUNTRY CLUB DUES, HAS BEEN APPROVED BY THE BOARD OF DIRECTORS.
SEVERANCE, NONQUALIFIED, AND EQUITY-BASED PAYMENTSSCHEDULE J, PAGE 1, PART I, LINE 4WILLIAM H CONSIDINE 0 226,600 0
OTHER ADDITIONAL INFORMATIONSCHEDULE J, PART IIIAKRON CHILDREN'S HOSPITAL FOUNDATION RELIED ON THE RELATED ORGANIZATION, CHILDREN'S HOSPITAL MEDICAL CENTER OF AKRON, TO ESTABLISH THE TOP MANAGEMENT OFFICIAL'S COMPENSATION. JOHN ZOILO'S COMPENSATION WAS PAID THROUGH A COMMON PAYMASTER OF CHILDREN'S HOSPITAL MEDICAL CENTER OF AKRON. PART I, LINE 4B - WILLIAM CONSIDINE IS A PARTICIPANT IN A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN AS OF JANUARY 1, 2010. THE PLAN IS A NONQUALIFIED DEFERRED COMPENSATION PLAN. IT IS AN UNFUNDED PLAN MAINTAINED PRIMARILY FOR THE PURPOSE OF PROVIDING DEFERRED COMPENSATION BENEFITS. THE PARTICIPANT RECEIVES CREDITS IN THE PLAN FOR EACH FULL CALENDAR YEAR OF SERVICE AND HE IS 100% VESTED.

Schedule L IRS990ScheduleL

Form990 Schedule L Part IV Form990ScheduleLPartIV (5 entries)

RelationshipRelationshipAmount Of TransactionAmountOfTransactionDescription Of TransactionDescriptionOfTransactionSharing Of RevenuesSharingOfRevenues
FIRST MERIT
VP-FIRST MERIT108998FEES TO FIRST MERITfalse
(no name)
AND CURRENT DIRfalse
FARMERS TRUST BANK
FARMERSPRES/CEO7093456FARMER'S TRUSTfalse
(no name)
AND CURRENT DIRHOLDS BENIFICIALfalse
(no name)
INTEREST IN TRUSTfalse

Form990 Schedule L Part V Form990ScheduleLPartV

FieldValueIRS element (for citing)
IdentifierADDITIONAL INFORMATIONIdentifier
Return ReferenceSCHEDULE L PART VReturnReference
ExplanationGREG MCDERMOTT DIRECTOR IS A VICEPRESIDENT WITHIN FIRST MERIT BANK OF WHICH AKRON CHILDRENS HOSPITAL FOUNDATION CONDUCTS THEIR OPERATING AND INVESTMENTS BANKING JAMES SISEK ESQ DIRECTOR IS THE PRESIDENT AND CEO OF FARMERS TRUST BANK WHICH IS THE TRUSTEE FOR THE BENEFICIAL INTEREST IN THE KIKEL TRUST BELONGING TO THE AKRON CHILDRENS HOSPITAL FOUNDATIONExplanation

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (11 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
FIRST ACCOMPLISHMENT DESCRIPTIONFORM 990, PAGE 2, PART III, LINE 4A(CONTINUED FROM FORM 990, PART III, LINE 4A) AT THE SAME TIME, THEY REALIZED THAT THIS GROWTH COULD NOT BE FINANCED FROM PATIENT FEES ALONE. ON JUNE 3, 1971, THEY FORMALLY ESTABLISHED THE AKRON CHILDREN'S HOSPITAL FOUNDATION, A SEPARATE, NOT-FOR-PROFIT CORPORATION, TO SECURE FUNDS WHICH WOULD "ADD BREADTH AND DEPTH TO THE HOSPITAL'S CAPABILITIES IN HEALTH CARE, MEDICAL RESEARCH AND EDUCATION." ONE OF THE FIRST INITIATIVES OF THE BOARD OF THE NEWLY-FORMED FOUNDATION WAS TO CONDUCT A FUND RAISING APPEAL TO THE COMMUNITY, ON AN ANNUAL BASIS, USING VOLUNTEER SOLICITORS. IN ADDITION, THE FOUNDATION ESTABLISHED VARIOUS PROCEDURES FOR MANAGING AND INVESTING FUNDS THEY HOPED AND EXPECTED TO RAISE. THE FOUNDATION ALSO COMMITTED SUPPORTING EFFORTS TO EXPAND PUBLIC AWARENESS OF THE HOSPITAL AND ITS ROLES AS A REGIONAL MEDICAL CENTER FOR CHILDREN, AS WELL AS BURN VICTIMS OF ALL AGES. IN 2012, 6,804,010 FOUNDATION FUNDS WERE USED BY THE HOSPITAL TO SUPPORT ITS MISSION. OF THAT AMOUNT, 1,021,615 WAS USED FOR CAPITAL PURCHASES SUCH AS 210,000 FOR THE RENOVATION OF THE REINBERGER CENTER, 104,926 FOR THE CONSTRUCTION OF ALEX'S PLAYGROUND AT THE MAHONING VALLEY BEEGHLY CAMPUS, 127,548 FOR THE PURCHASE OF (7) NEW OMNIBEDS, 96,750 FOR OPHTHALMOLOGY EQUIPMENT AND 66,032 FOR (2) VENTILATORS. 2,068,000 WAS ALSO PROVIDED BY THE FOUNDATION FOR HOSPITAL PROGRAM OPERATING EXPENSES AT THE AKRON AND MAHONING VALLEY LOCATIONS THAT WOULD NOT HAVE OTHERWISE BEEN AVAILABLE THROUGH THE ANNUAL BUDGET. ADDITIONAL SUPPORT ALSO WENT FOR THE FOLLOWING PROGRAMS: 289,000 PALLIATIVE CARE, 563,000 HEMATOLOGY/ONCOLOGY, 228,000 ADOPTION CENTER, 298,000 COMMUNITY YOUTH FITNESS, 157,000 REGIONAL BURN CENTER, 204,000 GLOBAL HEALTH FUND, 165,000 PSYCHIATRY INTAKE PROGRAM, 130,000 REACH OUT AND READ PROGRAM, AND 59,000 AUTISM FAMILY CHILD LEARNING CENTER. THE REMAINING AMOUNT WAS USED FOR RESEARCH, TRAINING, EDUCATION AND SUPPORT PROGRAMS INCLUDING NEONATAL, PEDIATRICS, CHILD ADVOCACY, AND OTHER PROGRAMS. SINCE THE FOUNDATION'S CREATION, THE VISION OF ITS FOUNDERS HAS BEEN JUSTIFIED. ALLOCATIONS FROM THE FOUNDATION HAVE PROVIDED A WIDE RANGE OF SPECIALIZED LIFESAVING MEDICAL EQUIPMENT WHICH MIGHT NOT HAVE OTHERWISE BEEN POSSIBLE WITHIN THE HOSPITAL'S BUDGET LIMITATIONS. THE FOUNDATION HAS FINANCED MEDICAL RESEARCH INTO CAUSE, PREVENTION AND TREATMENT OF COMPLEX CHILDHOOD DISEASES AND PROBLEMS, AND HAS PROVIDED COMMUNITY SAFETY PROGRAMS IN PROFESSIONAL EDUCATION, PATIENT INFORMATION AND YOUTH DEVELOPMENT. THE NET EFFECT OF THESE EFFORTS HAS BEEN TO KEEP CHILDREN'S HOSPITAL MEDICAL CENTER OF AKRON AT THE FOREFRONT OF HEALTHCARE, WHILE MINIMIZING THE COST OF SUCH CARE TO PATIENTS AND THEIR FAMILIES.
ADDITIONAL INFORMATIONFORM 990, PART VLINE 2 (A) AKRON CHILDREN'S HOSPITAL FOUNDATION DOES HAVE ITS OWN EMPLOYEES BUT USES A COMMON PAYMASTER WITH ITS RELATED ORGANIZATION, CHILDREN'S HOSPITAL MEDICAL CENTER OF AKRON. CHILDREN'S HOSPITAL MEDICAL CENTER OF AKRON PREPARES AND ISSUES ALL W-2'S TO THE EMPLOYEES OF AKRON CHILDREN'S HOSPITAL FOUNDATION.
FINANCIAL ACCOUNTS IN FOREIGN COUNTRIESFORM 990, PART V, LINE 4BCAYMAN ISLANDS
CLASSES OF MEMBERS OR STOCKHOLDERSFORM 990, PAGE 6, PART VI, LINE 6CHILDREN'S HOSPITAL MEDICAL CENTER OF AKRON IS THE SOLE MEMBER OF AKRON CHILDREN'S HOSPITAL FOUNDATION.
ELECTION OF MEMBERS AND THEIR RIGHTSFORM 990, PAGE 6, PART VI, LINE 7ACHILDREN'S HOSPITAL MEDICAL CENTER OF AKRON IS THE PARENT COMPANY OF AKRON CHILDREN'S HOSPITAL FOUNDATION AND ITS GOVERNING BODY HAS THE RIGHT TO ELECT OR APPOINT MEMBERS OF THE ORGANIZATION'S GOVERNING BODY.
ORGANIZATION'S PROCESS USED TO REVIEW FORM 990FORM 990, PAGE 6, PART VI, LINE 11BTHE FORM 990 IS PROVIDED TO THE AUDIT COMMITTEE AND CHAIRMAN OF THE BOARD OF DIRECTORS OF CHILDREN'S HOSPITAL MEDICAL CENTER OF AKRON FOR REVIEW AND DISCUSSION PRIOR TO FILING THE RETURN WITH THE INTERNAL REVENUE SERVICE. THE AUDIT COMMITTEE IS A COMMITTEE OF THE BOARD OF DIRECTORS AND EMPOWERED TO COMPLETE THE REVIEW ON BEHALF OF THE BOARD OF DIRECTORS.
ENFORCEMENT OF CONFLICTS POLICYFORM 990, PAGE 6, PART VI, LINE 12CTHE POLICIES AND PROCEDURES OF AKRON CHILDREN'S HOSPITAL FOUNDATION ARE ADMINISTERED BY CHILDREN'S HOSPITAL MEDICAL CENTER OF AKRON ("CHILDREN'S"). IT IS CHILDREN'S POLICY THAT ALL EMPLOYEES DISCLOSE REAL OR APPARENT CONFLICTS OF INTEREST AS A CONDITION OF EMPLOYMENT CHILDREN'S ALSO REQUIRES THAT EACH EMPLOYEE DISCLOSE IN WRITING, ANNUALLY, TO THE PRESIDENT A LIST OF ALL BUSINESSES OR OTHER ORGANIZATIONS IN WHICH HE/SHE IS AN OFFICER, MEMBER, OWNER, SHAREHOLDER, TRUSTEE OR EMPLOYEE FOR WHICH HE/SHE ACTS AS AN AGENT OR MIGHT REASONABLY IN THE FUTURE ENTER INTO A RELATIONSHIP OR TRANSACTION IN WHICH THE EMPLOYEE COULD HAVE A DUALITY OF INTEREST. IF A SITUATION ARISES IN WHICH THERE IS A DUALITY OF INTEREST, OR A QUESTION OF DUALITY OF INTEREST, AND, AS SUCH, POTENTIAL FOR A CONFLICT OF INTEREST, IT IS THE PRIMARY RESPONSIBILITY OF THE INDIVIDUAL DIRECTLY INVOLVED AND RESPONSIBILITY OF OTHER PERSONNEL, TO THE EXTENT THAT THEY BECOME AWARE OF A DUALITY OF INTEREST, TO MAKE IMMEDIATE AND COMPLETE WRITTEN DISCLOSURE TO THE APPROPRIATE VICE PRESIDENT. HE/SHE WILL REVIEW THE SITUATION WITH THE VICE PRESIDENT OF CORPORATE SERVICES WHO WILL PRESENT IT TO THE PRESIDENT OR HIS DESIGNEE. IT IS THE RESPONSIBILITY OF THE PRESIDENT OR HIS DESIGNEE TO EVALUATE ANY CIRCUMSTANCES IN WHICH A DUALITY OF INTEREST EXISTS, (IF KNOWN, WHEN DISCLOSED OR UNDISCLOSED), TO DETERMINE WHETHER THE DUALITY REPRESENTS THE POTENTIAL FOR A CONFLICT OF INTEREST, AND WHETHER SUCH CONFLICT IS SO SUBSTANTIAL THAT IT IS DEEMED TO BE DETRIMENTAL TO CHILDREN'S. ANY EMPLOYEE WHO IS DIRECTLY OR INDIRECTLY INVOLVED IN A SITUATION WHICH REPRESENTS A DUALITY OF INTEREST, AND AS SUCH, A POTENTIAL CONFLICT OF INTEREST, WILL ABIDE BY THE FOLLOWING POLICIES: 1. INDIVIDUAL WILL NOT BE PERMITTED ACCESS TO ANY INFORMATION WHICH MAY PROVIDE AN UNFAIR ADVANTAGE TO THAT INDIVIDUAL OR THE FIRM HE/SHE REPRESENTS. 2. INDIVIDUAL WILL BE REQUIRED TO WITHDRAW FROM ANY MEETING IN WHICH THE MATTER IS DISCUSSED. 3. INDIVIDUAL WILL NOT BE PERMITTED TO PARTICIPATE IN DELIBERATION OR VOTE ON THE MATTER AND WILL BE REQUIRED TO LEAVE THE ROOM DURING VOTING. 4. ANY EMPLOYEE IS EXPRESSLY PROHIBITED FROM RELEASING ANY "SENSITIVE INFORMATION" REGARDING A DECISION MADE OR BEING CONSIDERED TO ANY PERSON WHO MAY HAVE A DUALITY OF INTEREST, AND AS SUCH, A POTENTIAL CONFLICT OF INTEREST. 5. ANY ATTEMPT ON THE PART OF AN EMPLOYEE TO UNFAIRLY INFLUENCE OR IMPACT THE DECISION MAKING PROCESS IN FAVOR OF PERSONAL INTEREST MAY BE CONSIDERED BREACH OF TRUST AND MAY BE CAUSE FOR REMOVAL FROM HIS/HER POSITION OF RESPONSIBILITY OR OTHER DISCIPLINARY ACTION UP TO AND INCLUDING DISCHARGE.
COMPENSATION PROCESS FOR TOP OFFICIALFORM 990, PAGE 6, PART VI, LINE 15ATHE CHILDREN'S HOSPITAL MEDICAL CENTER OF AKRON'S EXECUTIVE TOTAL COMPENSATION PROGRAM IS GOVERNED BY THE COMPENSATION COMMITTEE (COMMITTEE) OF THE BOARD OF DIRECTORS, WHO ALSO DETERMINES THE COMPENSATION OF THE AKRON CHILDREN'S HOSPITAL FOUNDATION OFFICERS, DIRECTORS AND KEY EMPLOYEES. KEY COMMITTEE RESPONSIBILITIES INCLUDE: - ENSURE EXECUTIVE TOTAL COMPENSATION IS APPROPRIATE IN LIGHT OF THE HOSPITAL'S MISSION AND VALUES, AND - APPROVE AN EXECUTIVE COMPENSATION PHILOSOPHY, THE ASSOCIATED PROGRAMS, AND ALL COMPENSATION ACTIONS FOR INDIVIDUAL EXECUTIVES. THE COMMITTEE IS COMPRISED OF INDEPENDENT MEMBERS OF THE HOSPITAL BOARD WHO HAVE NO PERSONAL INTEREST IN ANY EXECUTIVE COMPENSATION TRANSACTION. - SHOULD A POTENTIAL CONFLICT OF INTEREST BE IDENTIFIED, THE COMMITTEE DETERMINES THE EXTENT OF THE CONFLICT AND THE MEANS TO ADDRESS IT. - IN CERTAIN CASES, A COMMITTEE MEMBER MAY BE ASKED NOT TO PARTICIPATE IN DISCUSSIONS OF, OR VOTE ON, A PARTICULAR COMPENSATION TRANSACTION. THE COMMITTEE GOVERNS THE HOSPITAL'S EXECUTIVE TOTAL COMPENSATION FOR ALL SENIOR EXECUTIVES WHO ARE DEEMED TO BE DISQUALIFIED PERSONS. THE COMMITTEE ALSO GOVERNS THE TOTAL COMPENSATION OF OTHER DISQUALIFIED PERSONS, E.G., FAMILY MEMBERS OF BOARD MEMBERS OR EXECUTIVES WHO ARE EMPLOYED BY THE HOSPITAL. THE COMMITTEE FOLLOWS ALL STEPS REQUIRED BY THE INTERNAL REVENUE SERVICE TO QUALIFY FOR THE SAFE HARBOR UNDER THE INTERMEDIATE SANCTIONS REGULATIONS. IT: - REVIEWS MARKET COMPENSATION DATA FOR COMPARABLE POSITIONS AT SIMILAR ORGANIZATIONS WHICH ARE COMPILED BY AN INDEPENDENT CONSULTANT IT ENGAGES, - USES THIS DATA TO MAKE EXECUTIVE DECISIONS, AND - DOCUMENTS ITS COMPENSATION DELIBERATIONS AND DECISIONS IN A TIMELY MANNER. THE COMMITTEE REVIEWS APPROPRIATE SECTIONS OF THE HOSPITAL IRS FORM 990 BEFORE IT IS FILED TO ENSURE ACCURACY AND COMPLETENESS. AN INDEPENDENT SALARY SURVEY WAS COMPLETED IN 2012 AND RECOMMENDATIONS WERE PROVIDED AND PRESENTED BY THE INDEPENDENT CONSULTANT TO THE COMPENSATION COMMITTEE FOR APPROVAL.
COMPENSATION PROCESS FOR OFFICERSFORM 990, PAGE 6, PART VI, LINE 15BAN INDEPENDENT SALARY SURVEY WAS COMPLETED IN 2012 AND WAS PROVIDED AND PRESENTED BY THE INDEPENDENT CONSULTANT TO THE COMMITTEE FOR APPROVAL.
GOVERNING DOCUMENTS DISCLOSURE EXPLANATIONFORM 990, PAGE 6, PART VI, LINE 19AKRON CHILDREN'S HOSPITAL FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. IN ADDITION, THE GOVERNING DOCUMENTS ARE LOCATED ON THE OHIO SECRETARY OF STATE'S WEBSITE. THE FINANCIAL STATEMENTS ARE ALSO DISCLOSED ON THE EMMA (ELECTRONIC MUNICIPAL MARKET ACCESS) WEBSITE.
OTHER CHANGES IN NET ASSETS EXPLANATIONFORM 990, PART XI, LINE 9INCREASED VALUE IN BENEFICIAL INTEREST IN TRUSTS 211,164

Schedule R IRS990ScheduleR

Form990 Schedule R Part II Form990ScheduleRPartII (3 entries)

Address Line1AddressUS/AddressLine1CityAddressUS/CityStateAddressUS/StateZIP CodeAddressUS/ZIPCodeEINEINPrimary ActivitiesPrimaryActivitiesLegal Domicile StateLegalDomicileStateExempt Code SectionExemptCodeSectionPublic Charity StatusPublicCharityStatusBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Controlled OrgControlledOrgBusiness Name Line2DirectControllingEntityName/BusinessNameLine2
CHILDRENS HOSPITAL MED CTR OF AKRON
ONE PERKINS SQUAREAKRONOH44308340714357HOSPITALOH501C33NAfalse
CHILDRENS HOME CARE GROUP
ONE PERKINS SQUAREAKRONOH44308341575266HOME CAREOH501C311ACHMCAtrueCHILDREN'S HOSP MED CTR OF AKRON
CHILD DIMENSIONS INSURANCE COMPANY
ONE PERKINS SQUAREAKRONOH44308030317160INSURANCEOH501C311ACHMCAtrueCHILDREN'S HOSP MED CTR OF AKRON
FieldValueIRS element (for citing)
Receipt Of Int Ann Rents RoyaltiesfalseReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other OrgtrueGiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other OrgtrueGiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other OrgfalseLoansOrGuaranteesFromOtherOrg
Dividends Related OrganizationfalseDividendsRelatedOrganization
Sale Of Assets To Other OrgfalseSaleOfAssetsToOtherOrg
Purchase Of Assets From Other OrgfalsePurchaseOfAssetsFromOtherOrg
Exchange Of AssetsfalseExchangeOfAssets
Rental Of Facilities To Other OrgsfalseRentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other OrgsfalseRentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other OrgsfalsePerformOfServicesForOtherOrgs
Perform Of Services By Other OrgsfalsePerformOfServicesByOtherOrgs
Sharing Of FacilitiesfalseSharingOfFacilities
Sharing Of Paid EmployeesfalseSharingOfPaidEmployees
Reimbursement Paid To Other OrgtrueReimbursementPaidToOtherOrg
Reimbursement Paid By Other OrgtrueReimbursementPaidByOtherOrg
Other Transfer To Other OrgfalseOtherTransferToOtherOrg
Other Transfer From Other OrgfalseOtherTransferFromOtherOrg