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Children's Hospital Colorado Foundation

Aurora, CO · EIN 84-0813462 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Children's Hospital Colorado Foundation reported $76.4 million in revenue and $71.2 million in expenses for calendar year 2024. Of every $100 it spent, $75.88 went to program services, $8.36 to management and general costs and $15.76 to fundraising. Its largest source of revenue was contributions and grants: 95.3% of the total. The highest compensation it reported for one person was $4,286,194 (EX-OFFICIO, PRES & CEO CHCO). 38 people received more than $100,000 in reportable compensation. Revenue rose 26% between 2020 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $71M

For 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 $76M

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

2024 filing. Median across 5,634 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
75.9%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
8.4%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
15.8%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
95.3%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
$4,286,194$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
6.02%1.34%
People paid over $100,000
Part VII, line 2
3827
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
12.76.6
Independent voting board members
Part VI 1a–1b
45 of 4888.9%

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 expense
$43M expenses · 80.3% of program spending · grants $43M

Children's Hospital Colorado Foundation believes all children should have the chance for a healthy, hopeful future and is solely dedicated to advancing the mission of children's Hospital Colorado. The foundation supports children's colorado's strategic plan by inspiring and facilitating philantropic investments and engaging and informing the community about the impact of philantropy on the health and well-being of children. Annual community support helps children's colorado care for more kids than any other hospital in our region, ensures access to world-class pediatric healthcare expertise…

$11M expenses · 19.7% of program spending · grants $11M

Endowment donations help children's Hospital Colorado attract the brightest minds in pediatric medicine, support the discovery of medical breakthroughs, advance novel treatments, raise the bar for clinical care and give children access to world-class pediatric care. Endowment gifts from visionary donors provide a reliable perpetual source of philanthropic funding and are held in a professionally managed long-term investment portfolio overseen by the children's Hospital Colorado health system, an affiliated entity. Endowment distributions are used for operations and to elevate clinical and…

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
EX-OFFICIO, PRES & CEO CHCO
Director/trustee, 3.0 hrs/week
$0$3,848,363$437,831$4,286,194
EX-OFFICIO, CFO CHCO
Director/trustee, 3.0 hrs/week
$0$1,157,436$222,270$1,379,706
PRESIDENT AND CEO
Director/trustee, officer, 40.0 hrs/week
$787,034$0$123,485$910,519
COO AND CORP SECRETARY
Officer, 40.0 hrs/week
$440,483$0$90,115$530,598
CHIEF STRATEGIC PHIL OFFICER
Officer, 40.0 hrs/week
$425,191$0$83,949$509,140
CHIEF DEVELOPMENT OFFICER
Officer, 40.0 hrs/week
$358,426$0$74,212$432,638
VICE PRESIDENT
Key employee, 40.0 hrs/week
$274,672$0$51,938$326,610
SENIOR VICE PRESIDENT AND CORP TREASURER
Officer, 40.0 hrs/week
$255,752$0$50,605$306,357

38 people received more than $100,000 in reportable compensation from Children's Hospital Colorado Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $3.5M (Part IX, line 5).

5 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$25M$50M$75M$100M20202021202220232024$76M$71M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$76M$71M75.9%$76M$4,286,194
2023 ⓘ$76M$70M77.1%$70M$2,996,019
2022 ⓘ$85M$84M82.9%$61M$2,537,734
2021 ⓘ$84M$73M83.1%$61M$2,290,433
2020 ⓘ$61M$64M81.7%$51M$2,017,563

Governance 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–1b48 · 45 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 18Yes
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 592
  • Volunteers Part I, line 6632

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
Children's Miracle Network
Fundraising & Processing Fees
$614,469
The Aber Group
Marketing Services
$467,269
M A Mortenson Company
Office Construction
$417,531
Moore a Series LLC
Digital Marketing Services
$267,222

Individuals listed as contractors are left out. 15 contractors were paid more than $100,000 in all.

Private foundation grants it received

75 private foundations reported grants to Children's Hospital Colorado Foundation totaling $6.4M 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 Hospital Colorado 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 Hospital Colorado Foundation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All health care charities · Largest charities in Colorado

Questions people ask

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

In calendar year 2024, Children's Hospital Colorado Foundation reported that 75.9% of its $71.2 million in expenses went to program services, 8.4% to management and general and 15.8% to fundraising (Form 990, Part IX).

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

The largest total compensation Children's Hospital Colorado Foundation reported for one person in calendar year 2024 was $4,286,194, for the role of EX-OFFICIO, PRES & CEO CHCO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Children's Hospital Colorado Foundation get its money?

Of $76.4 million in revenue in calendar year 2024, 95.3% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).

Is Children's Hospital Colorado Foundation a registered charity?

The IRS lists EIN 84-0813462 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 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 202523099349302762 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202413109349303906 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202313069349300406 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202213119349304281 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202133089349303493 · read the filing

All filings for EIN 84-0813462: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.