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Nonprofiteer
← THE CHILDRENS HEART FOUNDATION

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

Provenance

Return type
form_990
Tax year
2023
Filed
27 August 2024
IRS schema version
2023v5.1
Source object
202402559349300800

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