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Driscoll Children's Hospital Development Foundation

Corpus Christi, TX · EIN 74-2358461 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending August 31, 2025 (tax year 2024) · View the filing · Correct or respond

Driscoll Children's Hospital Development Foundation reported $35.8 million in revenue and $28.5 million in expenses for the fiscal year ending August 31, 2025. Of every $100 it spent, $99.84 went to program services, $0.16 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 96.0% of the total. The highest compensation it reported for one person was $2,221,293 (President & CEO, Ex-officio). 3 people received more than $100,000 in reportable compensation. Revenue rose 740% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending August 31, 2025 · Form 990, Part IX, line 25 · total expenses $28M

For context, the median across 1,001 covered philanthropy, voluntarism & grantmaking charities: $91.65 programs, $6.50 management, $1.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending August 31, 2025 · Form 990, Part VIII · total revenue $36M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 1,001 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
99.8%90.2%
Management & general
Part IX 25(C) ÷ 25(A)
0.2%6.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%1.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.02
Contributions & grants share of revenue
Part VIII 1h ÷ 12
96.0%79.9%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.0%
Program service revenue share
Part VIII 2g ÷ 12
0.0%0.0%
Highest reported compensation
Part VII-A, columns D–F
$2,221,293$325,675
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
7.80%1.56%
People paid over $100,000
Part VII, line 2
33
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
26.756.6
Independent voting board members
Part VI 1a–1b
20 of 24100.0%

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

FY2025 · Form 990, Part III · the three largest programs by expense
$28M expenses · 100.0% of program spending · grants $28M

The foundation makes donations to Driscoll Children's hospital to support the hospital's services provided to children

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
President & CEO, Ex-officio
Director/trustee, 1.0 hrs/week
$0$1,960,636$260,657$2,221,293
DIRECTOR
Director/trustee, 1.0 hrs/week
$0$1,803,139$63,216$1,866,355
DIRECTOR
Director/trustee, 1.0 hrs/week
$0$841,351$62,700$904,051
VP DEVELOPMENT FOUNDATION, EX-OFFICIO
Director/trustee, 38.0 hrs/week
$465,848$0$101,562$567,410
DIRECTOR DEVELOPMENT SERVICES
Highest compensated employee, 40.0 hrs/week
$170,294$0$11,938$182,232
DIRECTOR MAJOR GIFTS
Highest compensated employee, 40.0 hrs/week
$135,189$0$10,158$145,347
MAJOR GIFTS OFFICER
Highest compensated employee, 40.0 hrs/week
$95,359$0$26,993$122,352
DONOR RELATIONS MANAGER
Highest compensated employee, 40.0 hrs/week
$92,029$0$20,537$112,566

3 people received more than $100,000 in reportable compensation from Driscoll Children's Hospital Development Foundation (Part VII, line 2).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40MFY2020FY2021FY2022FY2023FY2024FY2025$36M$28M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$36M$28M99.8%$63M$2,221,293
FY2024 ⓘ$24M$5.6M99.4%$74M$1,984,008
FY2023 ⓘ$4.7M$3.1M98.9%$48M$1,640,116
FY2022 ⓘ$5.0M$3.9M98.6%$26M$8,875,446
FY2021 ⓘ$3.3M$2.4M98.3%$19M$1,341,989
FY2020 ⓘ$4.3M$5.0M99.1%$15M$1,089,450

Governance answers, as filed

FY2025 · 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–1b24 · 20 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13No
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aNo
  • 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 521
  • Volunteers Part I, line 6444

Private foundation grants it received

3 private foundations reported grants to Driscoll Children's Hospital Development Foundation totaling $11M 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 Driscoll Children's Hospital Development 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 Driscoll Children's Hospital Development Foundation, you can publish a response that is linked from this page.

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Questions people ask

How much of Driscoll Children's Hospital Development Foundation's spending goes to programs?

In the fiscal year ending August 31, 2025, Driscoll Children's Hospital Development Foundation reported that 99.8% of its $28.5 million in expenses went to program services, 0.2% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Driscoll Children's Hospital Development Foundation pay its top executive?

The largest total compensation Driscoll Children's Hospital Development Foundation reported for one person in the fiscal year ending August 31, 2025 was $2,221,293, for the role of President & CEO, Ex-officio (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Driscoll Children's Hospital Development Foundation get its money?

Of $35.8 million in revenue in the fiscal year ending August 31, 2025, 96.0% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).

Is Driscoll Children's Hospital Development Foundation a registered charity?

The IRS lists EIN 74-2358461 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

  • FY2025: Form 990 for the fiscal year ending August 31, 2025, object 202641969349302609 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending August 31, 2024, object 202531919349302153 · read the filing
  • FY2023: Form 990 for the fiscal year ending August 31, 2023, object 202411919349301851 · read the filing
  • FY2022: Form 990 for the fiscal year ending August 31, 2022, object 202331959349300543 · read the filing
  • FY2021: Form 990 for the fiscal year ending August 31, 2021, object 202211949349300841 · read the filing
  • FY2020: Form 990 for the fiscal year ending August 31, 2020, object 202121949349301542 · read the filing

All filings for EIN 74-2358461: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.