Children's Health CARE Foundation
Children's Health CARE Foundation reported $25.5 million in revenue and $22.3 million in expenses for calendar year 2024. Of every $100 it spent, $75.05 went to program services, $10.77 to management and general costs and $14.18 to fundraising. Its largest source of revenue was contributions and grants: 73.3% of the total. The highest compensation it reported for one person was $4,156,070 (PRESIDENT AND CEO). 8 people received more than $100,000 in reportable compensation. Revenue rose 30% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $22MFor context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $26MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 75.1% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 10.8% | 13.7% |
| Fundraising Part IX 25(D) ÷ 25(A) | 14.2% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.17 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 73.3% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $4,156,070 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 18.65% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 8 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 50.6 | 6.6 |
| Independent voting board members Part VI 1a–1b | 30 of 31 | 88.9% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseProgram: children's Health Care Foundation (the foundation) supports the mission of children's Health Care dba children's hospitals and clinics (children's), by obtaining financial resources that are leveraged to champion the special needs of children and their families and to improve children's health by providing high-quality, family centered pediatric services. The foundation is the fundraising arm for children's, which formed in 1924, and is one of the largest children's Health Care organizations in the U.S., with 462 staffed beds at our two hospital campuses in st paul and minneapolis
Capital: capital support provides funds to purchase equipment and related supplies and services, or to make capital improvements. Such activities must 1) advance the mission of children's and 2) have potential for significant or long-term impact
Research: the purpose of funding research at the children's Health Care is to support a systematic investigation, including research development, testing, and evaluation, designed to develop or contribute to generalized knowledge. Currently, children's has more than 348 ongoing research studies and programs
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT AND CEO Director/trustee, officer, 1.00 hrs/week | $0 | $3,659,536 | $496,534 | $4,156,070 |
| SVP & CFO Officer, 1.00 hrs/week | $0 | $945,454 | $50,152 | $995,606 |
| CDO & FOUNDATION PRESIDENT Officer, 32.00 hrs/week | $226,391 | $420,441 | $32,244 | $679,076 |
| DEPUTY GEN COUNSEL, BOARD SECRETARY Officer, 1.00 hrs/week | $0 | $288,319 | $43,946 | $332,265 |
| VP FOUNDATION OPERATIONS Key employee, 50.00 hrs/week | $303,504 | $0 | $26,095 | $329,599 |
| VP PROSPECT DEV & DATA SVCS Highest compensated employee, 50.00 hrs/week | $214,932 | $0 | $12,484 | $227,416 |
| SR DIRECTOR OF DEVELOPMENT Highest compensated employee, 50.00 hrs/week | $169,071 | $0 | $19,668 | $188,739 |
| DIR OF FOUNDATION OPERATIONS Highest compensated employee, 50.00 hrs/week | $117,013 | $0 | $31,066 | $148,079 |
8 people received more than $100,000 in reportable compensation from Children's Health CARE Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.2M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b31 · 30 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 531
- Volunteers Part I, line 6154
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| BEEVENTS LLC Event design | $570,625 |
| ACCORDANT PHILANTHROPY LLC Consulting | $212,830 |
| SIT INVESTMENT ASSOCIATES Portfolio management | $155,583 |
| INFINITY OF MINNESOTA Direct mail appeal | $132,470 |
| SOUTHERN MN REGIONAL LEGAL SERVICES INC Legal services | $122,530 |
Individuals listed as contractors are left out. 8 contractors were paid more than $100,000 in all.
Private foundation grants it received
22 private foundations reported grants to Children's Health CARE Foundation totaling $3.5M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Children's Health CARE Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Children's Health CARE Foundation, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Children's Health CARE Foundation spent in 2024, $75.05 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Health CARE Partners of South CarolinaConway, SC · revenue $26M · programs 76.1% · FY2026
- Willamette Family Medical CenterSalem, OR · revenue $26M · programs 90.0% · FY2025
- Cabarrus Rowan Community Health CentersConcord, NC · revenue $26M · programs 70.4% · 2025
- Wesbury United Methodist CommunityMeadville, PA · revenue $26M · programs 81.3% · 2024
- Duke Integrated NetworkDurham, NC · revenue $26M · programs 74.9% · FY2025
Questions people ask
How much of Children's Health CARE Foundation's spending goes to programs?
In calendar year 2024, Children's Health CARE Foundation reported that 75.1% of its $22.3 million in expenses went to program services, 10.8% to management and general and 14.2% to fundraising (Form 990, Part IX).
How much does Children's Health CARE Foundation pay its top executive?
The largest total compensation Children's Health CARE Foundation reported for one person in calendar year 2024 was $4,156,070, for the role of PRESIDENT AND CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Children's Health CARE Foundation get its money?
Of $25.5 million in revenue in calendar year 2024, 73.3% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).
Is Children's Health CARE Foundation a registered charity?
The IRS lists EIN 41-1814223 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202523219349306122 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202423199349314517 · read the filing
- 2022: Form 990 for calendar year 2022, object 202303189349318170 · read the filing
- 2021: Form 990 for calendar year 2021, object 202243169349301624 · read the filing
- 2020: Form 990 for calendar year 2020, object 202143179349301209 · read the filing
- 2019: Form 990 for calendar year 2019, object 202013029349300836 · read the filing
All filings for EIN 41-1814223: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.