Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $8,000,297

• 3 · Investment income

  total $6,801,256 · excluded $6,801,256

• 7a · Gross sales of assets other than inventory

  securities $117,673,147

• 7b · Less cost or other basis and sales expenses

  securities $119,377,858

• 7c · Gain or loss

  securities -$1,704,711

• 7d · Net gain or loss

  total -$1,704,711 · excluded -$1,704,711

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $1,355,266 · program services $1,355,266

• 11c · Fees: accounting

  total $3,136 · management and general $3,136

• 11f · Fees: investment management

  total $256,969 · management and general $256,969

• 24a · Other expenses: OTHER EXPENSE

  total $25 · management and general $25

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,125,701 · end of year $7,536,240

• 11 · Investments: publicly traded securities

  beginning of year $143,718,318 · end of year $157,113,135

• 12 · Investments: other securities

  beginning of year $20,909,187 · end of year $26,606,832

• 17 · Accounts payable and accrued expenses

  end of year $159,851

• 25 · Other liabilities

  beginning of year $219,112 · end of year $143,493

• 27 · Net assets without donor restrictions

  beginning of year $165,534,094 · end of year $190,952,863

The filer's explanations (Part III)

PART I, LINE 3

THE FOUNDATION RELIES ON A RELATED ORGANIZATION, CHILDREN'S HEALTH SYSTEM, TO ESTABLISH THE COMPENSATION OF ITS OFFICERS.

PART III, LINE 4B:

CHILDREN'S HEALTH SYSTEM SPONSORS A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN ("THE PLAN"). THE PLAN IS DESIGNED TO RETAIN EXECUTIVES IN POSITIONS ESSENTIAL TO THE SUCCESS OF CHILDREN'S HEALTH SYSTEM. DURING THE YEAR, THE FOLLOWING INDIVIDUALS WERE PARTICIPANTS IN A SPONSORED SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN AND RECEIVED THE FOLLOWING ACTUARIAL INCREASE OR DEFERRED CONTRIBUTION (INCLUDED IN SCHEDULE J, PART II, COLUMN (C)) AND/OR PAYMENT (INCLUDED IN SCHEDULE J, PART II, COLUMN (B)(III)). AMOUNTS REPORTED IN SCHEDULE J, PART II, COLUMN (B) III MAY DIFFER FROM AMOUNTS PAID DUE TO TIMING DIFFERENCES IN VESTING AND PAYMENTS. NAME: KATHRYN ABSHIRE ACT. INC.: $401,958 AMT. PAID: $85,833 NAME: AMY SAMPSON ACT. INC.: $244,415 AMT. PAID: $151,798

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

• FORTIFY CHILDREN'S HEALTH LLC

  0 · HEALTHCARE · VA

• REALTA HOLDINGS LLC

  0 · RESEARCH · VA

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• CHILDREN'S SURGICAL SPECIALTY GROUP INC

  C · HEALTHCARE · VA

• CHILDREN'S MEDICAL GROUP INC

  C · HEALTHCARE · VA

• CMG OF NORTH CAROLINA INC

  C · HEALTHCARE · NC