Form 990 for tax year 2023
Filed by THE CHILDRENS HEART FOUNDATION.
Totals
- Total revenue
- $3,378,951
- Total expenses
- $3,133,076
- Contributions and grants received
- $3,995,610
- Grants paid
- $1,435,000
- Program service revenue
- $0
- Investment income
- $14,549
- Other revenue
- -$631,208
- Total assets, end of year
- $3,197,751
- Total liabilities, end of year
- $626,408
- Net assets or fund balances, end of year
- $2,571,343
- Program services expenses (Part IX)
- $2,386,438
- Management and general expenses
- $378,737
- Fundraising expenses
- $367,901
- Program service expenses (Part III)
- $2,386,438
Program services were 76.2% 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
$2,887,993
-
1f · All other contributions, gifts and grants
$1,107,617
-
1g · Noncash contributions included above
$20,167
-
3 · Investment income
total $14,549 · excluded $14,549
-
8a · Fundraising events: gross income
$210,308
-
8a · Fundraising events: contributions included on line 1c
$2,887,993
-
8b · Fundraising events: direct expenses
$852,651
-
8c · Net income from fundraising events
total -$642,343 · excluded -$642,343
-
11a · Other revenue: OTHER INCOME
total $11,135 · related or exempt $11,135
-
11e · Other revenue, total
$11,135
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,435,000 · program services $1,435,000
-
5 · Compensation of officers, directors and key employees
total $277,217 · program services $123,826 · management and general $104,988 · fundraising $48,403
-
7 · Other salaries and wages
total $722,178 · program services $393,200 · management and general $146,732 · fundraising $182,246
-
8 · Pension plan contributions
total $13,662 · program services $6,995 · management and general $3,441 · fundraising $3,226
-
9 · Other employee benefits
total $48,418 · program services $29,335 · management and general $5,694 · fundraising $13,389
-
10 · Payroll taxes
total $82,359 · program services $42,935 · management and general $20,239 · fundraising $19,185
-
11b · Fees: legal
total $52,176 · program services $27,807 · management and general $12,510 · fundraising $11,859
-
11c · Fees: accounting
total $18,515 · program services $9,868 · management and general $4,439 · fundraising $4,208
-
11g · Fees: other
total $101,072 · program services $53,866 · management and general $24,235 · fundraising $22,971
-
12 · Advertising and promotion
total $11,860 · program services $2,965 · fundraising $8,895
-
13 · Office expenses
total $21,580 · program services $11,250 · management and general $5,303 · fundraising $5,027
-
14 · Information technology
total $136,255 · program services $79,471 · management and general $29,151 · fundraising $27,633
-
16 · Occupancy
total $22,208 · program services $12,355 · management and general $5,058 · fundraising $4,795
-
17 · Travel
total $8,530 · program services $4,447 · management and general $2,096 · fundraising $1,987
-
19 · Conferences, conventions and meetings
total $48,865 · program services $25,474 · management and general $12,008 · fundraising $11,383
-
22 · Depreciation, depletion and amortization
total $1,714 · program services $894 · management and general $421 · fundraising $399
-
23 · Insurance
total $9,854 · program services $5,137 · management and general $2,422 · fundraising $2,295
-
24a · Other expenses: SPECIAL EVENTS
total $121,613 · program services $121,613
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,618,171 · end of year $2,453,208
-
2 · Savings and temporary cash investments
beginning of year $439,465 · end of year $476,805
-
3 · Pledges and grants receivable
beginning of year $460,120 · end of year $141,937
-
9 · Prepaid expenses and deferred charges
beginning of year $68,881 · end of year $68,472
-
10a · Land, buildings and equipment: cost or other basis
$28,258
-
10b · Land, buildings and equipment: accumulated depreciation
$28,258
-
10c · Land, buildings and equipment, net
beginning of year $1,714 · end of year $0
-
14 · Intangible assets
beginning of year $21,948 · end of year $51,803
-
15 · Other assets
beginning of year $5,526 · end of year $5,526
-
17 · Accounts payable and accrued expenses
beginning of year $167,483 · end of year $67,389
-
18 · Grants payable
beginning of year $1,083,555 · end of year $500,000
-
19 · Deferred revenue
beginning of year $39,590 · end of year $29,164
-
25 · Other liabilities
beginning of year $0 · end of year $29,855
-
27 · Net assets without donor restrictions
beginning of year $1,956,404 · end of year $2,155,365
-
28 · Net assets with donor restrictions
beginning of year $368,793 · end of year $415,978
Mission and programs · 2023
Mission
THE MISSION OF THE CHILDREN'S HEART FOUNDATION (CHF) IS TO ADVANCE THE DIAGNOSIS, TREATMENT AND PREVENTION OF CONGENITAL HEART DEFECTS (CHDS) BY FUNDING THE MOST PROMISING RESEARCH.
-
RESEARCH - THE CHILDREN'S HEART FOUNDATION FUNDS THE MOST PROMISING CONGENITAL HEART DEFECT (CHD)RESEARCH. SINCE 1996, CHF HAS INVESTED $18 MILLION INTO CHD RESEARCH AND SCIENTIFIC COLLABORATIONS.IN 2023 CHF FUNDED NEARLY $1.5 MILLION IN CHD RESEARCH AND SCIENTIFIC COLLABORATIONS ACROSS FOUR KEY INITIATIVES: 1. INDEPENDENT RESEARCH FUNDED BY THE FOUNDATION, 2. COLLABORATIVE RESEARCH WITH THE HEART ASSOCIATION THROUGH JOINT CONGENITAL HEART DEFECT RESEARCH AWARDS, 3. FUNDING THE AMERICAN ACADEMY OF PEDIATRICS' PEDIATRIC CARDIOLOGY RESEARCH FELLOWSHIP AWARD, AND 4. FUNDING CARDIAC NETWORKS UNITED (CNU), A NATIONAL PEDIATRIC AND CONGENITAL CARDIOVASCULAR RESEARCH NETWORK.CHF PROVIDED FUNDING FOR THE FOLLOWING INDEPENDENT RESEARCH:-HEE CHEOL CHO, PHD (JOHNS HOPKINS MEDICINE) RECEIVED FUNDING FROM THE CHILDREN'S HEART FOUNDATION FOR HIS WORK ON HUMAN STEM-CELL DERIVED PACEMAKERS FOR PEDIATRIC CARDIAC PACING.-JULIET EMAMAULLEE, MD, PHD (UNIVERSITY OF SOUTHERN CALIFORNIA, CHILDREN'S HOSPITAL OF LOS ANGELES) RECEIVED FUNDING FROM THE CORTNEY GIVES BAK FOUNDATION, AS WELL AS THE CHILDREN'S HEART FOUNDATION, FOR HER EFFORTS ON PREDICTIVE BIOMAKERS TO INFORM TRANSPLANT CANDIDACY IN FONTAN ASSOCIATED LIVER DISEASE.-JOHN LADISA, PHD (MEDICAL COLLEGE OF WISCONSIN) RECEIVED FUNDING FROM THE CHILDREN'S HEART FOUNDATION FOR HIS EFFORTS ON MECHANICAL STIMULI AS A PREDICTOR OF ADVERSE OUTCOMES AFTER PULMONARY VEIN STENTING.-MARK RODEFELD, MD (INDIANA UNIVERSITY) RECEIVED FUNDING FROM THE HALEY FOUNDATION, AS WELL AS THE CHILDREN'S HEART FOUNDATION, FOR HIS EFFORTS ON THE SELF-POWERED FONTAN PUMP.THESE RESEARCH EFFORTS WILL HELP EXPERTS LEARN MORE ABOUT THE LIFE-LONG CARE NEEDS OF INDIVIDUALS LIVING WITH CHDS AND HOW TO CONTINUE TO IMPROVE THEIR OVERALL QUALITY OF LIFE.THE CHILDREN'S HEART FOUNDATION PROVIDES FUNDING TO CARDIAC NETWORKS UNITED TO IMPROVE OUTCOMES FOR CHILDREN WITH CHDS. ONE OF CNU'S CURRENT RESEARCH EFFORTS - THE PAC3 CHEST TUBE PROJECT - IS NOW BEING IMPLEMENTED AT NEARLY 20 U.S. HOSPITALS AS RESEARCHERS CONSIDER THE OPTIMAL TIME FOR CHEST TUBE REMOVAL IN YOUNG CHD PATIENTS.IN ADDITION, THE FOUNDATION FUNDED THE AMERICAN ACADEMY OF PEDIATRICS' 2023 PEDIATRIC CARDIOLOGY RESEARCH FELLOWSHIP AWARD GIVEN TO MICHAEL KIM, DO, OF CINCINATTI CHILDREN'S HEALTH. HIS RESEARCH - VIRTUAL REALITY SIMULATION TO IMPROVE PARENT DISCHARGE EDUCATION AND READINESS FOR THE TRANSITION TO HOME AFTER CONGENITAL HEART SURGERY (CHS)- AIMS TO INCORPORATE VIRTUAL REALITY SIMULATION AS PART OF DISCHARGE EDUCATION FOR PARENTS AND CAREGIVERS OF CONGENITAL HEART SURGERY PATIENTS TO IDENTIFY SIGNS OF CARDIAC COMPROMISE.
Expenses $2,159,271 · Grants $1,435,000
-
AWARENESS- CONGENITAL HEART WALKS: THE CHILDREN'S HEART FOUNDATION'S CONGENITAL HEART WALK SERIES IS THE NATION'S LARGEST WALK SERIES SOLELY DEDICATED TO RAISING AWARENESS AND FUNDS FOR CONGENITAL HEART DEFECT RESEARCH. 30 CONGENITAL HEART WALK EVENTS TOOK PLACE IN 2023. THE WALKS OFFER A CHANCE TO STRENGTHEN OUR COMMUNITY AND SPREAD AWARENESS ABOUT AMERICA'S MOST COMMON BIRTH DEFECT - CHDS, AND WE RAISED MORE THAN $2,000,000!FUNDRAISING EVENTS AND CAMPAIGNS: VARIOUS FUNDRAISING EVENTS AND CAMPAIGNS TOOK PLACE THROUGHOUT 2023, INCLUDING #GIVINGTUESDAY, HEART MONTH, VOLUNTEERAPPRECIATION MONTH, AND OUR MATCHING FROM THE HEART CAMPAIGN - ALL OF WHICH HELPED RAISE AWARENESS AND FUNDS OF THE CHILDREN'S HEART FOUNDATION'S CRITICAL MISSION.GENERAL AWARENESS: THE CHILDREN'S HEART FOUNDATION UTILIZES SOCIAL MEDIA AND VIDEO STORYTELLING TO SPREAD FURTHER AWARENESS OF CHDS AND CHF. OUR SOCIAL MEDIA EFFORTS FOCUS ON SHARING STORIES OF CHILDREN, ADULTS, AND FAMILIES IMPACTED BY CHDS, AS WELL AS TELLING OUR AUDIENCE ABOUT THE IMPORTANT RESEARCH EFFORTS WE ARE FUNDING. THESE TOOLS HELP US REACH PEOPLE WHO MAY NOT HAVE PREVIOUSLY KNOWN ABOUT OUR IMPORTANT WORK.
Expenses $121,613
-
ADVOCACY - WE ENDEAVORED TO CREATE MORE AWARENESS OF THE NEED FOR ADVOCACY FOR THOSE WITH CHDS AND THEIR FAMILY MEMBERS BY TELLING THEIR STORY ON OUR WEBSITES, IN VIDEO, AND THROUGH SPECIAL BROADCAST PRODUCTIONS, LIKE THE PBS VISIONARIES SERIES. OUR ADVOCACY EFFORTS FOCUS ON RAISING AWARENESS OF THE NEED FOR INCREASED FUNDING FOR RESEARCH, SURVIVIVAL, LONGEVITY AND QUALITY OF LIFE EFFORTS WHICH HAVE DRAMATICALLY INCREASED FOR CHD PATIENTS. THERE HAS BEEN A 37.5% DECREASE IN BABIES DYING AT BIRTH WHICH IS A TREMENDOUS RESULT, BUT WE KNOW THAT BABIES ARE STILL BEING BORN DAILY WITH CHDS.WE INTEND TO PROVIDE MORE EDUCATIONAL AND OUTREACH OPPORTUNITIES AROUND THE CURRENT ENVIRONMENT FOR CONGENITAL HEART DEFECTS. OUR ADVOCACY EFFORTS SEEK TO EDUCATE OUR COMMUNITIES ON THE SIGNIFICANCE OF CONGENITAL HEART DEFECTS AND ITS IMPACT ON INDIVIDUALS AND FAMILIES.
Expenses $105,554 · Revenue $11,135
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
ABIGAIL RODDIE-HAMLIN
PRESIDENT & CEO
- Total calculated
- $170,498
- From this org
- $150,404
- From related orgs
- $0
- Other
- $20,094
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $150,404
- Bonus
- $0
- Other
- $0
- Deferred
- $851
- Nontaxable benefits
- $19,243
- Filer's total
- $170,498
-
KEVIN SLAWIN
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 10
-
MARTHA HAUBER
IMMEDIATE PAST BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 10
-
LORI JONES
SECRETARY
- Total calculated
- $0
- Hours/week
- 10
-
JIM BOLOTIN
TREASURER
- Total calculated
- $0
- Hours/week
- 10
-
KATHRYN OSTEEN
MEMBER
- Total calculated
- $0
- Hours/week
- 10
-
DANIELLE PRADAS
MEMBER
- Total calculated
- $0
- Hours/week
- 10
-
SALLY POWERS
MEMBER
- Total calculated
- $0
- Hours/week
- 10
-
WILLIAM ROACH
MEMBER
- Total calculated
- $0
- Hours/week
- 10
-
DR JOHN COSTELLO
MEMBER
- Total calculated
- $0
- Hours/week
- 10
-
KELLY WITTICH
MEMBER
- Total calculated
- $0
- Hours/week
- 10
-
TAMARA THOMAS
MEMBER
- Total calculated
- $0
- Hours/week
- 10
-
TAWANNA NISHIBAYAHSI
MEMBER
- Total calculated
- $0
- Hours/week
- 10
-
JASON YOUNG
MEMBER
- Total calculated
- $0
- Hours/week
- 10
-
TIERRA LEMON
SR DIRECTOR OF FINANCE & OPERATIONS
- Total calculated
- $106,718
- From this org
- $91,152
- From related orgs
- $0
- Other
- $15,566
- Hours/week
- 40
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Written employment contract
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$300,000
CONGENITAL HEART DISEASE RESEARCH
-
UNIVERSITY OF MICHIGAN HEART CENTER
$300,000
CARDIAC NETWORKS UNITED GRANT
-
DR. HEE CHEOL CHO WAS GIVEN A 2 YEAR GRANT.
-
THE MEDICAL COLLEGE OF WISCONSIN
$200,000
DR. JOHN LADISA WAS GIVEN A 2 YEAR GRANT.
-
$200,000
DR. MARK RODEFELD WAS GIVEN A 2 YEAR GRANT.
-
UNIVERSITY OF SOUTHERN CALIFORNIA
$200,000
DR. JULIET EMAMAULLEE WAS GIVEN A 2 YEAR GRANT AWARD CO-FUNDED CORTNEY GIVES BAK FOUNDATION
-
AMERICAN ACADEMY OF PEDIATRICS
$35,000
CARDIOLOGY AND CARDIAC SURGERY RESEARCH FELLOWSHIP AWARD
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 27 August 2024
- IRS schema version
- 2023v5.1
- Source object
- 202402559349300800
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