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Nonprofiteer
← UNITEDHEALTHCARE CHILDRENS FOUNDATION INC

Form 990 for tax year 2022

Filed by UNITEDHEALTHCARE CHILDRENS FOUNDATION INC.

Totals

Total revenue
$7,291,382
Total expenses
$5,944,777
Contributions and grants received
$7,546,874
Grants paid
$3,673,333
Program service revenue
$0
Investment income
$207,907
Other revenue
-$463,399
Total assets, end of year
$14,126,976
Total liabilities, end of year
$3,424,079
Net assets or fund balances, end of year
$10,702,897
Program services expenses (Part IX)
$4,731,563
Management and general expenses
$274,882
Fundraising expenses
$938,332
Program service expenses (Part III)
$4,731,563

Program services were 79.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $4,678,058

  • 1f · All other contributions, gifts and grants

    $2,868,816

  • 3 · Investment income

    total $207,907 · excluded $207,907

  • 8a · Fundraising events: gross income

    $967,010

  • 8a · Fundraising events: contributions included on line 1c

    $4,678,058

  • 8b · Fundraising events: direct expenses

    $1,447,029

  • 8c · Net income from fundraising events

    total -$480,019 · excluded -$480,019

  • 9a · Gaming: gross income

    $16,720

  • 9b · Gaming: direct expenses

    $100

  • 9c · Net income from gaming

    total $16,620 · excluded $16,620

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $3,673,333 · program services $3,673,333

  • 11c · Fees: accounting

    total $23,778 · program services $23,778

  • 11g · Fees: other

    total $1,657,064 · program services $575,480 · management and general $274,882 · fundraising $806,702

  • 12 · Advertising and promotion

    total $264,918 · program services $218,460 · fundraising $46,458

  • 13 · Office expenses

    total $138,792 · program services $55,129 · fundraising $83,663

  • 14 · Information technology

    total $88,310 · program services $88,310

  • 24a · Other expenses: INVENTORY MGMT/SHIPPING

    total $93,582 · program services $92,073 · fundraising $1,509

  • 24b · Other expenses: BAD DEBT EXPENSE

    total $5,000 · program services $5,000

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,838,696 · end of year $552,281

  • 2 · Savings and temporary cash investments

    beginning of year $9,955,835 · end of year $13,011,223

  • 3 · Pledges and grants receivable

    beginning of year $103,695 · end of year $310,130

  • 8 · Inventories for sale or use

    beginning of year $250,361 · end of year $196,666

  • 9 · Prepaid expenses and deferred charges

    beginning of year $54,365 · end of year $56,676

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,358,315 · end of year $1,596,849

  • 18 · Grants payable

    beginning of year $650,000 · end of year $725,000

  • 19 · Deferred revenue

    beginning of year $838,345 · end of year $1,102,230

  • 27 · Net assets without donor restrictions

    beginning of year $9,356,292 · end of year $10,702,897

Mission and programs · 2022

Mission

THE FOUNDATION IS COMMITTED TO ENHANCING THE QUALITY OF LIFE OF CHILDREN WITH COMMERCIAL HEALTH INSURANCE WHO ARE 16 YEARS OLD AND YOUNGER, LIVING IN THE REGIONS WHERE UNITEDHEALTHCARE DOES BUSINESS ACROSS THE UNITED STATES. THE FOUNDATION SHALL ENDEAVOR TO HELP PAY FOR SERVICES OR ITEMS THAT HAVE THE POTENTIAL OF SIGNIFICANTLY ENHANCING EITHER THE CLINICAL CONDITION OR THE QUALITY OF LIFE OF THE CHILD AND THAT ARE NOT FULLY COVERED BY THE AVAILABLE COMMERCIAL HEALTH INSURANCE.

Activities or mission (Part I)

TO FACILITATE ACCESS TO HEALTH SERVICES THAT WILL ENHANCE THE CLINICAL CONDITION OR QUALITY OF LIFE OF THE CHILD AND THAT ARE NOT FULLY COVERED BY THE AVAILABLE COMMERCIAL HEALTH BENEFIT.

  • IN 2022 WE AWARDED 3,158 GRANTS VALUED AT $5,716,893. GRANTS ARE FOR CHILDREN 16 YRS AND YOUNGER AND LIMITED TO $5,000 ANNUAL AND $10,000 LIFETIME. OUR GRANTS ARE OPEN FOR A MINIMUM OF 12 MONTHS, DURING WHICH TIME WE WILL DIRECTLY PAY FOR GOODS AND SERVICES, AS APPROVED BY OUR REGIONAL COMMITTEES, DIRECTLY RELATED TO THE CHILD'S MEDICAL CONDITION. OUR GOAL IS TO HELP FAMILIES BRIDGE THE GAP BETWEEN WHAT IS COVERED BY THEIR COMMERCIAL HEALTH INSURANCE AND THE FAMILIES SHARE OF THESE COSTS. THIS INCLUDES ITEMS SUCH AS MEDICAL CO-PAYS, DEDUCTIBLES, DURABLE MEDICAL EQUIPMENT, PRESCRIPTIONS AND OTHER NON PLAN COVERED EXPENSES.

    Expenses $4,731,563 · Grants $3,673,333

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Jack Wickens

    CHAIRMAN OF THE BOARD

    Total calculated
    $0
    Hours/week
    0.5

  • Jeannine Rivet

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Fred Siegel

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Terry Clark

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Matthew Peterson

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Greg Miller

    TREASURER

    Total calculated
    $0
    Hours/week
    40

  • Scott Otto

    ASST. EXECUTIVE DIRECTOR

    Total calculated
    $0
    Hours/week
    40

  • Heather Lang

    SECRETARY

    Total calculated
    $0
    Hours/week
    3

  • Kyrie Downe

    ASST. TREASURER

    Total calculated
    $0
    Hours/week
    40

  • Faraz Choudhry

    SECRETARY

    Total calculated
    $0
    Hours/week
    3

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
12 September 2023
IRS schema version
2022v5.0
Source object
202312559349301006

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