Skip to content
Nonprofiteer
← FOUNDATION FOR CHILDRENS CARE

Form 990 for tax year 2022

Filed by FOUNDATION FOR CHILDRENS CARE.

Totals

Total revenue
$0
Total expenses
$0
Contributions and grants received
$0
Grants paid
$0
Program services expenses (Part IX)
$0
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
not reported

Listed in Part VII

  • MATTHEW COOK

    PRESIDENT

    Total calculated
    $1,278,277
    From this org
    $0
    From related orgs
    $1,230,404
    Other
    $47,873
    Hours/week
    0.1 + 39.9 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,032,065 related
    Bonus
    $0 + $196,131 related
    Other
    $0 + $2,208 related
    Deferred
    $0 + $24,400 related
    Nontaxable benefits
    $0 + $23,473 related
    Filer's total
    $0 + $1,278,277 related
  • ERIN HICKEY

    SECRETARY

    Total calculated
    $515,490
    From this org
    $0
    From related orgs
    $513,211
    Other
    $2,279
    Hours/week
    0.1 + 39.9 related

    Schedule J breakdown matched by us

    Base
    $0 + $513,051 related
    Bonus
    $0
    Other
    $0 + $160 related
    Deferred
    $0 + $2,130 related
    Nontaxable benefits
    $0 + $149 related
    Filer's total
    $0 + $515,490 related
  • TEDDY WANG

    TREASURER

    Total calculated
    $573,901
    From this org
    $0
    From related orgs
    $532,843
    Other
    $41,058
    Hours/week
    0.1 + 39.9 related

    Schedule J breakdown matched by us

    Base
    $0 + $459,550 related
    Bonus
    $0 + $73,293 related
    Other
    $0
    Deferred
    $0 + $24,400 related
    Nontaxable benefits
    $0 + $16,658 related
    Filer's total
    $0 + $573,901 related

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 — 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

  • 7 · Other non-fixed payments

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
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 7
THE PURPOSE OF THE EXECUTIVE VARIABLE COMPENSATION PROGRAM (EVCP) IS TO FOCUS EXECUTIVES ON SPECIFIC, ANNUAL GOALS THAT ARE CRITICAL TO THE SUCCESS OF THE HOSPITAL AND ITS SUSTAINABILITY FOR THE FUTURE. THE EVCP IS DESIGNED TO ALIGN THE INTERESTS OF ALL BOARD AND EXECUTIVE STAKEHOLDERS TOWARDS THE MISSION, VISION AND GOALS OF THE HOSPITAL. THE BOARD OF DIRECTORS APPROVED THIS PLAN. IN ORDER FOR ANY BONUSES TO BE PAID THROUGH THE EVCP, THE GOALS WHICH ARE BASED ON A COMBINATION OF OVERALL HOSPITAL-WIDE ORGANIZATIONAL PERFORMANCE, DEPARTMENTAL, AND INDIVIDUAL PERFORMANCE MUST BE MET. THE MIX OF THESE CATEGORIES IN THE CALCULATION MAY DIFFER BY EXECUTIVE POSITION, A MAXIMUM BONUS OF 30% OF SALARY PER YEAR MAY BE EARNED FOR ACCOMPLISHMENTS OF GOALS. THE PARTICIPANT MUST ALSO BE AN EMPLOYEE IN GOOD STANDING AT THE TIME THE AWARD IS PAID.

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

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
14 May 2024
IRS schema version
2022v5.0
Source object
202401359349309130

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.