The Children's Hospital Foundation
Also known as DBA Norton Children's Hospital Foundation
The Children's Hospital Foundation reported $32.1 million in revenue and $19.6 million in expenses for calendar year 2024. Of every $100 it spent, $73.11 went to program services, $6.77 to management and general costs and $20.12 to fundraising. Its largest source of revenue was contributions and grants: 79.9% of the total. Government grants made up 11.2%. The highest compensation it reported for one person was $4,115,838 (President & CEO). 9 people received more than $100,000 in reportable compensation. Revenue rose 119% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $20MFor 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 $32MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 73.1% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 6.8% | 13.7% |
| Fundraising Part IX 25(D) ÷ 25(A) | 20.1% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.15 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 79.9% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 11.2% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $4,115,838 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 21.03% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 9 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 84.9 | 6.6 |
| Independent voting board members Part VI 1a–1b | 29 of 30 | 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 expenseThe Children's Hospital Foundation (dba Norton Children's Hospital Foundation) raises funds for Norton Children's Hospital, Kentucky's only full-service, free-standing pediatric hospital; servicing Norton Children's Medical Center, Norton Women's & Children's Hospital, as well as all Norton affiliated organizations in need of supporting pediatric programs, equipment and facilities, research, advocacy and education. The Children's Hospital Foundation is motivated to ensure that children from throughout Greater Louisville have the medical care they need when they need it, while keeping kids as…
The Children's Hospital Foundation provides funding for capital projects, in addition to programs, advocacy, education and research. In 2024, the Foundation funded the following capital projects: * Islet Cell Research and Transplant Program Equipment * Pediatric Specialist Department - Support to build Center of Excellence * NICU Care equipment * Transport Team Ambulance assistance * Vans for Neonatal-pediatric Outreach Vehicles * Pediatric Cardiology Mapping equipment * Transport Team JFK Ambulance support * Simulation Vehicle * Autism Research Support for Playground * Neuro OR Renovation…
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 & CEO Officer, 1.0 hrs/week | $0 | $3,633,654 | $482,184 | $4,115,838 |
| Exec VP and COO (partial year) Officer, 1.0 hrs/week | $0 | $3,200,723 | $16,296 | $3,217,019 |
| Sr VP & CFAO Officer, 1.0 hrs/week | $0 | $1,418,297 | $241,646 | $1,659,943 |
| Sr VP Chief Legal Officer/Secretary Officer, 1.0 hrs/week | $0 | $1,125,537 | $176,992 | $1,302,529 |
| Sr VP WCCP/ CDO Key employee, 12.0 hrs/week | $194,712 | $596,938 | $128,645 | $920,295 |
| Trustee/Former Hospital CAO Director/trustee, 1.0 hrs/week | $0 | $511,628 | $34,578 | $546,206 |
| Sys Dir, Events/Community Relations Highest compensated employee, 32.0 hrs/week | $210,618 | $52,655 | $33,299 | $296,572 |
| Sys Dir, Planned Giving and Major Gifts Highest compensated employee, 20.0 hrs/week | $110,403 | $110,403 | $18,484 | $239,290 |
9 people received more than $100,000 in reportable compensation from The Children's Hospital Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $197K (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–1b30 · 29 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 2Yes
- 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 18Yes
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 533
- Volunteers Part I, line 6576
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| Children's Miracle Network Direct Marketing Mailing | $156,509 |
Individuals listed as contractors are left out. 1 contractors were paid more than $100,000 in all.
Private foundation grants it received
4 private foundations reported grants to The Children's Hospital Foundation totaling $170K 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 The Children's Hospital 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 The Children's Hospital Foundation, you can publish a response that is linked from this page.
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Of every $100 The Children's Hospital Foundation spent in 2024, $73.11 went to programs. The full breakdown, from its IRS Form 990:
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Questions people ask
How much of The Children's Hospital Foundation's spending goes to programs?
In calendar year 2024, The Children's Hospital Foundation reported that 73.1% of its $19.6 million in expenses went to program services, 6.8% to management and general and 20.1% to fundraising (Form 990, Part IX).
How much does The Children's Hospital Foundation pay its top executive?
The largest total compensation The Children's Hospital Foundation reported for one person in calendar year 2024 was $4,115,838, for the role of President & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does The Children's Hospital Foundation get its money?
Of $32.1 million in revenue in calendar year 2024, 79.9% came from contributions and grants (including 11.2% from government grants) and 0.0% from program service revenue (Form 990, Part VIII).
Is The Children's Hospital Foundation a registered charity?
The IRS lists EIN 61-6027530 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 202523109349302837 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202413179349300416 · read the filing
- 2022: Form 990 for calendar year 2022, object 202333179349301658 · read the filing
- 2021: Form 990 for calendar year 2021, object 202203189349319855 · read the filing
- 2020: Form 990 for calendar year 2020, object 202113169349308161 · read the filing
- 2019: Form 990 for calendar year 2019, object 202033119349302313 · read the filing
All filings for EIN 61-6027530: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.