2025-02-21T14:48:25+00:00 2024-06-30 440160260 Forvis Mazars LLP 500 Ridgefield Court Asheville NC 28806 990 2023-07-01 510220692 Children's Hospital and Healthcare Services Foundation CHIL 8042285814 Box 980693 Richmond VA 232980693 Lisa Brown CFO 8042285814 2025-02-21 true true Amy Bibby P00445891 8282542254 2025-02-21 2023 2025-03-06 01:10:19Z CHILDREN'S HOSPITAL FOUNDATION Lisa Brown Box 980693 Richmond VA 232980693 157624300 false X www.chfrichmond.org X 1978 VA FUND AND ADVOCATE FOR PEDIATRIC INITIATIVES THAT IMPROVE THE STATUS OF HEALTH CARE AND THE QUALITY OF LIFE FOR CHILDREN IN OUR REGION. 6 6 27 6 0 0 21495103 19262614 0 0 18586179 26280345 -44351 -78702 40036931 45464257 21636209 21341564 0 0 3216978 3597206 0 0 6162420 4523632 3757005 29376819 28695775 10660112 16768482 274781461 305539592 1049800 1839092 273731661 303700500 Children's Hospital and Healthcare Services Foundation provides financial support to, and engages in fundraising activities to support the health and general welfare of children. The foundation's primary focus with regard to financial support is the Children's Hospital and Pediatric Services at Virginia Commonwealth University Health System Authority, collectively known as Children's Hospital of Richmond. false false 21341564 21341564 Provide grants to tax-exempt organizations in our community to help fund initiatives that improve the health care and quality of life of residents (in particular, children) in our community. 21341564 true true false false false false false false true true false false true true true true false false false false false false false true false false true false true false false false false false false false false true false false false false false false false false true 12 0 true 27 true false false false false false true true false false false false false false X 6 6 true false false false false false false true true false false true true true true true true true true false VA X Lisa Brown 8042285207 Box 980693 Richmond VA 232980693 Coleman Wortham III Chairman 1.0 X X 0 0 0 J Richard Tashjian Vice Chairman 1.0 X X 0 0 0 Adam Thalhimer Director 1.0 X 0 0 0 George C Freeman III Director 1.0 X 0 0 0 Heather Hewitt Daniel Director 1.0 X 0 0 0 Henry L Valentine III Director 1.0 X 0 0 0 Lauren Z Moore President & CEO 45.0 X 413810 0 35217 Lisa Brown CFO 45.0 X 123179 0 35746 Blake MacIver VP for Advancement & Operations 45.0 X 187354 0 34690 Carrie Bickford VP for Development 45.0 X 183923 0 30622 Emily Toalson Director of Major Gifts 45.0 X 133295 0 31469 Matthew Brady VP Communication & Donor Relations 45.0 X 141662 0 26750 Stephanie Allen VP Corporate Partnerships 45.0 X 139682 0 28089 1322905 0 222583 9 false true false Markham Yard 2424 South Dixie Highway Miami FL 33133 Advertising Agency 860700 Marke Team LLC 500 Northpark Town Centerrr Suite 525 Atlanta GA 30328 Fundraising Consulting Services 547605 For Momentum LLC 1816 Independence Square Suite D Atlanta GA 30338 Cause Marketing Agency & Corporate Partnership 199843 Children's Miracle Network 205 West 700 South Salt Lake City UT 84101 Marketing and Fundraising Services 172029 Blackbaud Inc PO Box 844827 Boston MA 02284 Subscription Software Services 162807 10 579410 18683204 91883 19262614 0 0 0 0 0 9617335 9617335 0 0 128576860 111913850 16663010 0 16663010 16663010 167491 579410 246193 -78702 -78702 0 0 0 0 0 45464257 0 0 26201643 21341564 21341564 568999 43182 525817 2304895 171643 2133252 112461 8586 103875 425496 34624 390872 185355 14962 170393 53825 53825 47699 47699 142238 142238 918574 0 164686 753888 836958 836958 1304815 118778 1186037 76994 70124 6870 40414 40414 0 49595 44471 5124 103769 54435 49334 122058 122058 60066 60066 0 0 0 0 28695775 21341564 1191791 6162420 1033240 3003817 9612480 10758131 1757 2962 0 0 0 313666 240642 1025092 268153 878997 756939 242601755 268480300 0 0 20339566 22296801 274781461 305539592 470042 1514959 420612 116716 0 159146 207417 1049800 1839092 X 217870213 240066140 55861448 63634360 273731661 303700500 274781461 305539592 X 16768482 11293573 1906784 X false true X true false X 14537238 22557885 10556373 21495103 19262614 88409213 0 0 14537238 22557885 10556373 21495103 19262614 88409213 14425067 73984146 5498484 5251631 9834268 7637957 9617335 37839675 0 0 0 0 0 0 0 126248888 0 0.5860 0.5503 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 24955073 2566607 3572574 0 1371912 29722342 25493398 959819 3141334 0 4639478 24955073 40732416 27703 -4212877 0 11053844 25493398 39742395 30208 12459619 720630 10779176 40732416 43635263 137882 1495166 170946 5354970 39742395 0.0916 0.9084 0.0 false false 43611 12030 31581 909935 189049 720886 71546 67074 4472 756939 Beneficial Interest in Perpetual Trusts 18830013 Beneficial Interest in Remainder Trusts 3275173 Right of Use Asset 191615 22296801 Charitable Gift Annuity Liability 14742 Lease Liability 192675 207417 X 58522376 11293573 1906784 13200357 45322019 142238 0 142238 45464257 28553537 0 0 28553537 142238 0 142238 28695775 Schedule D, Part V, Line 4 Intended uses of endowment funds The endowment funds are intended to support the charitable programs and activities of Children's Hospital of Richmond. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The Foundation is exempt from income tax under the Internal Revenue Code Section 501(c)(3) and the tax statutes of the Commonwealth of Virginia; accordingly, the accompanying financial statements do not reflect a provision or liability for federal and state income taxes. The Foundation has determined that it does not have any material unrecognized tax benefits or obligations as of June 30, 2024. The Foundation has been classified as a public charity under Internal Revenue Code Section 509(A)(1) and 170(B)(1)(A)(VI). Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 Change in value of split-interest agreements - 1906784 Junior Board Ball 573691 439521 134170 24832 126020 7325 27633 Words & Wisdom 173210 139889 33321 8175 3600 12525 16554 19529 0 746901 579410 167491 8175 28432 138545 23879 47162 246193 -78702 true Virginia Commonwealth University Health System Authority 1250 E Marshall Street Suite 2-300 Richmond VA 23219 541848065 GOV 17729473 To support charitable purpose Virginia Commonwealth University 901 West Franklin Street Richmond VA 23284 546001758 GOV 2605109 To support charitable purpose American Academy for Cerebral Palsy & Developmental Medicine 555 East Wells Street Milwaukee WI 53202 620692749 501(c)(3) 10000 To provide general education support Teammates for Kids Foundation PO Box 461315 Denver CO 80246 841484370 501(c)(3) 988555 To support nonprofit entities who serve children's needs including child life zones and child life programs 4 0 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. The Children's Hospital Foundation typically obtains invoices for expenses from the donee for reimbursement and/or confirmation from the donee organization management that the funds were expended for its intended purpose. X X X false false false false false false false false false Lauren Z Moore President & CEO 313810 0 100000 0 0 0 14981 0 20236 0 449027 0 0 0 Lisa Brown CFO 120419 0 2760 0 0 0 6493 0 29253 0 158925 0 0 0 Blake MacIver VP for Advancement & Operations 183154 0 4200 0 0 0 9777 0 24913 0 222044 0 0 0 Carrie Bickford VP for Development 179764 0 4159 0 0 0 8714 0 21908 0 214545 0 0 0 Stephanie Allen VP Corporate Partnerships 136420 0 3262 0 0 0 7592 0 20497 0 167771 0 0 0 Matthew Brady VP Communication & Donor Relations 138516 0 3146 0 0 0 7381 0 19369 0 168412 0 0 0 Emily Toalson Director of Major Gifts 130299 0 2996 0 0 0 6974 0 24495 0 164764 0 0 0 Schedule J, Part I, Line 3 Market comparables are used to complete a review and establish a range to be used by the board of directors to evaluate annually the current compensation for the president of the foundation. The base was established in 2006 but it is evaluated annually to ensure proper compensation. Officer compensation of other local healthcare foundations are used as the market comparable. X 16 91883 Market value false true true Schedule M, Part I, Line 32b Third parties used to solicit, process, or sell noncash contributions CHHSF uses a third party to sell noncash contributions, but does not use a third party to solicit or process contributions. Schedule M, Part I Explanations of reporting method for number of contributions Securities - Publicly traded - Number of contributions Form 990, Part VI, Line 2 Family/business relationships amongst interested persons Coleman Wortham, III and Henry L. Valentine, III - Business relationship Form 990, Part VI, Line 11b Review of form 990 by governing body A copy of the Form 990 is furnished to each member of the Board of Directors prior to filing. After a comment period expires, any comments from the board members are appropriately reflected in the form 990 and the Foundation CFO signs and files the form. Form 990, Part VI, Line 12c Conflict of interest policy All officers, directors and key employees shall disclose annually a potential conflict to the Chairman of the Board of Directors for investigation and resolution. Upon appointment to the Board or employment and annually thereafter, board members, officers and key employees shall complete an affirmation statement and disclosure form for review by the Board. Conflicts that arise during the year should be disclosed to board members during their bimonthly executive session. Form 990, Part VI, Line 15a Process to establish compensation of top management official Market comparables are used to complete a review and establish a range to be used by the Board of Directors to evaluate annually the current compensation for the President of the Foundation. The base was established in 2006 but it is evaluated annually to ensure proper compensation. Officer compensation of other local healthcare foundations are used as the market comparable. Form 990, Part VI, Line 15b Process to establish compensation of other employees Market comparables are used to complete a review and establish a range to be used by the Board of Directors to evaluate annually the current compensation for the President of the Foundation. The base was established in 2006 but it is evaluated annually to ensure proper compensation. Officer compensation of other local healthcare foundations are used as the market comparable. Form 990, Part VI, Line 19 Required documents available to the public Form 990 public viewing document is available for inspection upon request at the Foundation's headquarters. Form 990, Part XI, Line 9 Other changes in net assets or fund balances Change in Value of Split Interest Agreements - 1906784; Form 990, Part XII, Line 2c The board of directors oversees the audit of the financial statements and the selection of an independent accountant. During the tax year, the foundation did not change its oversight or selection process.