Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 2f · All other program service revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 3 · Investment income

  total $25,956,335 · excluded $25,956,335

• 6c · Rental income or loss

  real property $0 · personal property $0

• 7a · Gross sales of assets other than inventory

  securities $1,178,723,985

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

  securities $1,139,333,968

• 7c · Gain or loss

  securities $39,390,017 · other assets $0

• 7d · Net gain or loss

  total $39,390,017 · excluded $39,390,017

• 11d · All other revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 11e · Other revenue, total

  $0

Functional expenses

Part IX, the statement of functional expenses.

• 11f · Fees: investment management

  total $1,444,075 · program services $1,444,075

• 11g · Fees: other

  total $0 · program services $0 · management and general $0 · fundraising $0

• 24a · Other expenses: ALLOCATED COSTS INTERCOMPANY INVESTMENT OFFICE EXPENSE

  total $3,953,342 · program services $3,953,342

• 24b · Other expenses: OTHER INVESTMENT-RELATED FEES

  total $3,881,125 · program services $3,881,125

• 24e · All other expenses

  total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $15,032,068 · end of year $37,556,010

• 2 · Savings and temporary cash investments

  beginning of year $5,126,830 · end of year $10,207,420

• 3 · Pledges and grants receivable

  beginning of year $0 · end of year $0

• 4 · Accounts receivable

  beginning of year $0 · end of year $0

• 5 · Loans and receivables from officers and key people

  beginning of year $0 · end of year $0

• 6 · Loans and receivables from disqualified persons

  beginning of year $0 · end of year $0

• 7 · Other notes and loans receivable

  beginning of year $0 · end of year $0

• 8 · Inventories for sale or use

  beginning of year $0 · end of year $0

• 9 · Prepaid expenses and deferred charges

  beginning of year $0 · end of year $0

• 10a · Land, buildings and equipment: cost or other basis

  $0

• 10b · Land, buildings and equipment: accumulated depreciation

  $0

• 10c · Land, buildings and equipment, net

  beginning of year $0 · end of year $0

• 11 · Investments: publicly traded securities

  beginning of year $730,055,917 · end of year $838,324,778

• 12 · Investments: other securities

  beginning of year $2,140,560,194 · end of year $2,243,088,449

• 13 · Investments: program-related

  beginning of year $0

• 14 · Intangible assets

  beginning of year $0 · end of year $0

• 15 · Other assets

  beginning of year $64,358,803 · end of year $94,037,291

• 17 · Accounts payable and accrued expenses

  beginning of year $95,166,443 · end of year $116,904,424

• 18 · Grants payable

  beginning of year $0 · end of year $0

• 19 · Deferred revenue

  beginning of year $0 · end of year $0

• 20 · Tax-exempt bond liabilities

  beginning of year $0 · end of year $0

• 21 · Escrow or custodial account liability

  beginning of year $0 · end of year $0

• 22 · Loans and payables to officers and key people

  beginning of year $0 · end of year $0

• 23 · Secured mortgages and notes payable

  beginning of year $0 · end of year $0

• 24 · Unsecured notes and loans payable

  beginning of year $0 · end of year $0

• 25 · Other liabilities

  beginning of year $459,601,395 · end of year $547,633,129

• 27 · Net assets without donor restrictions

  beginning of year $2,400,365,974 · end of year $2,558,676,395

• 28 · Net assets with donor restrictions

  beginning of year $0 · end of year $0

• 29 · Capital stock, trust principal or current funds

  beginning of year $0 · end of year $0

• 30 · Paid-in or capital surplus, or land, building or equipment fund

  beginning of year $0 · end of year $0

• 31 · Retained earnings, endowment or other funds

  beginning of year $0 · end of year $0

The filer's explanations (Part III)

Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation

Compensation for the organization's top management official is established by Texas Children's and Texas Children's Hospital, using the following methods: * Compensation Committee * Independent Compensation Consultant * Compensation Survey or Study * Approval by the Board or Compensation Committee

Schedule J, Part I, Line 4b 457 (F) PLANS

457(F) PLANS: PAID/DEFERRED AISHA JAMAL 0 / 30,000 LANCE A. LIGHTFOOT 132,705 / 125,500 MARK A. WALLACE 519,500 / 0 457(F): THE 457(F) PLANS ARE NON-QUALIFIED DEFERRED COMPENSATION PLANS THAT ALLOW EXECUTIVES AND ELIGIBLE PHYSICIANS TO RECEIVE SUPPLEMENTAL RETIREMENT INCOME. FUNDS MAY BE CREDITED INTO THIS ACCOUNT FROM AN EMPLOYER CONTRIBUTION, CALCULATED BASED ON AN INDIVIDUAL'S TITLE AND BASE SALARY AS OF JANUARY 1. THESE EMPLOYER FUNDED CONTRIBUTIONS VEST AFTER THE EARLIER OF 5 YEARS IN THE PLAN, THE ATTAINMENT OF AGE 60 WITH 75 POINTS DETERMINED AS THE SUM OF AGE AND YEARS OF SERVICE, OR AT AGE 65. THE 475(F) PLAN ALSO CONTAINS RESIDUAL CAPITAL APPRECIATION CONTRIBUTIONS FROM A FLEXIBLE BENEFIT ACCOUNT SURPLUS. THESE CONTRIBUTIONS VEST AFTER A MINIMUM OF 5 YEARS IN THE PLAN.

Schedule J, Part I, Line 4b SPLIT DOLLAR LIFE INSURANCE PLAN

Certain individuals listed at Form 990, Part VII have split-dollar life insurance policies. The premiums were paid by Texas Children's prior to calendar year 2022 and will be recovered partially or fully when the policy is terminated or transferred to the executive. Participants include the following executives: Lance A. Lightfoot and Mark A. Wallace.

Related corporations and trusts

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

• TCH INSURANCE COMPANY LTD

  C Corporation · INSURANCE · CJ

  Directly controlled by NA

• CVI GVF HOLDINGS 3 LTD

  C Corporation · INVESTMENT · CJ · 100% owned · controlled entity

  Directly controlled by Texas Children's Hospital Foundation