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Nonprofiteer
← BOSTON CHILDRENS HEART FOUNDATION

Form 990 for tax year 2024

Filed by BOSTON CHILDRENS HEART FOUNDATION.

Totals

Total revenue
$101,358,161
Total expenses
$89,972,137
Contributions and grants received
$134,000
Grants paid
$1,542,200
Program services expenses (Part IX)
$86,127,965
Management and general expenses
$3,844,172
Fundraising expenses
$0
Program service expenses (Part III)
$86,127,965

Program services were 95.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • TAL GEVA MD

    PRESIDENT

    Total calculated
    $1,030,952
    From this org
    $924,054
    From related orgs
    $0
    Other
    $106,898
    Hours/week
    55 + 5 related

    Schedule J breakdown matched by us

    Base
    $698,546
    Bonus
    $165,000
    Other
    $60,508
    Deferred
    $67,931
    Nontaxable benefits
    $38,967
    Filer's total
    $1,030,952

  • RAHUL RATHOD MD

    TREASURER

    Total calculated
    $627,735
    From this org
    $450,869
    From related orgs
    $0
    Other
    $176,866
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $316,959
    Bonus
    $85,000
    Other
    $48,910
    Deferred
    $133,097
    Nontaxable benefits
    $43,769
    Filer's total
    $627,735

  • ELIZABETH DEWITT MD

    SECRETARY/CLERK

    Total calculated
    $464,497
    From this org
    $352,057
    From related orgs
    $0
    Other
    $112,440
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $212,696
    Bonus
    $75,000
    Other
    $64,361
    Deferred
    $68,726
    Nontaxable benefits
    $43,714
    Filer's total
    $464,497

  • CHRISTINA VANDERPLUYM MD

    DIRECTOR

    Total calculated
    $581,246
    From this org
    $410,262
    From related orgs
    $0
    Other
    $170,984
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $283,641
    Bonus
    $75,000
    Other
    $51,621
    Deferred
    $130,571
    Nontaxable benefits
    $40,413
    Filer's total
    $581,246

  • MICHAEL DAY MD

    DIRECTOR

    Total calculated
    $690,285
    From this org
    $527,601
    From related orgs
    $0
    Other
    $162,684
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $323,256
    Bonus
    $102,500
    Other
    $101,845
    Deferred
    $122,271
    Nontaxable benefits
    $40,413
    Filer's total
    $690,285

  • MICHAEL J FARIAS MD

    DIRECTOR

    Total calculated
    $568,009
    From this org
    $456,035
    From related orgs
    $0
    Other
    $111,974
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $241,177
    Bonus
    $110,000
    Other
    $104,858
    Deferred
    $72,431
    Nontaxable benefits
    $39,543
    Filer's total
    $568,009

  • MICHELLE GURVITZ WICHMAN MD

    DIRECTOR (10/24-2/25)

    Total calculated
    $573,786
    From this org
    $401,573
    From related orgs
    $0
    Other
    $172,213
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $281,934
    Bonus
    $75,000
    Other
    $44,639
    Deferred
    $131,800
    Nontaxable benefits
    $40,413
    Filer's total
    $573,786

  • JOSHUA SALVIN MD

    DIRECTOR (10/24-2/25)

    Total calculated
    $708,460
    From this org
    $566,793
    From related orgs
    $0
    Other
    $141,667
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $310,879
    Bonus
    $125,000
    Other
    $130,914
    Deferred
    $137,377
    Nontaxable benefits
    $4,290
    Filer's total
    $708,460

  • NAO SASAKI MD

    DIRECTOR

    Total calculated
    $509,724
    From this org
    $409,694
    From related orgs
    $0
    Other
    $100,030
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $224,457
    Bonus
    $75,000
    Other
    $110,237
    Deferred
    $59,638
    Nontaxable benefits
    $40,392
    Filer's total
    $509,724

  • PETA M ALEXANDER MD

    DIRECTOR (3/25-9/25)

    Total calculated
    $562,796
    From this org
    $424,451
    From related orgs
    $0
    Other
    $138,345
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $236,948
    Bonus
    $75,000
    Other
    $112,503
    Deferred
    $90,272
    Nontaxable benefits
    $48,073
    Filer's total
    $562,796

  • MICHAEL N SINGH MD

    DIRECTOR (3/25-9/25)

    Total calculated
    $566,942
    From this org
    $398,740
    From related orgs
    $0
    Other
    $168,202
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $306,448
    Bonus
    $75,000
    Other
    $17,292
    Deferred
    $121,521
    Nontaxable benefits
    $46,681
    Filer's total
    $566,942

  • PHYSICIANS ORG AT CH INC

    INSTITUTIONAL TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • JANE NEWBURGER MD

    DEPT. CHIEF

    Total calculated
    $693,035
    From this org
    $583,370
    From related orgs
    $0
    Other
    $109,665
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $473,317
    Bonus
    $75,000
    Other
    $35,053
    Deferred
    $67,931
    Nontaxable benefits
    $41,734
    Filer's total
    $693,035

  • RAVI THIAGARAJAN MD

    DEPT. CHIEF

    Total calculated
    $826,558
    From this org
    $658,795
    From related orgs
    $0
    Other
    $167,763
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $367,591
    Bonus
    $75,000
    Other
    $216,204
    Deferred
    $146,064
    Nontaxable benefits
    $21,699
    Filer's total
    $826,558

  • ROGER E BREITBART MD

    DEPT. CHIEF

    Total calculated
    $732,030
    From this org
    $542,199
    From related orgs
    $0
    Other
    $189,831
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $374,919
    Bonus
    $75,000
    Other
    $92,280
    Deferred
    $146,062
    Nontaxable benefits
    $43,769
    Filer's total
    $732,030

  • EDWARD P WALSH MD

    CARDIOLOGIST

    Total calculated
    $699,452
    From this org
    $588,476
    From related orgs
    $0
    Other
    $110,976
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $486,057
    Bonus
    $75,000
    Other
    $27,419
    Deferred
    $67,931
    Nontaxable benefits
    $43,045
    Filer's total
    $699,452

  • JOHN KHEIR MD

    CARDIOLOGIST

    Total calculated
    $735,021
    From this org
    $558,155
    From related orgs
    $0
    Other
    $176,866
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $322,446
    Bonus
    $75,000
    Other
    $160,709
    Deferred
    $133,097
    Nontaxable benefits
    $43,769
    Filer's total
    $735,021

  • ELIZABETH BLUME MD

    CARDIOLOGIST

    Total calculated
    $751,570
    From this org
    $554,738
    From related orgs
    $0
    Other
    $196,832
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $402,340
    Bonus
    $75,000
    Other
    $77,398
    Deferred
    $148,068
    Nontaxable benefits
    $48,764
    Filer's total
    $751,570

  • EDUARDO DA CRUZ MD

    CARDIOLOGIST

    Total calculated
    $1,081,413
    From this org
    $917,562
    From related orgs
    $0
    Other
    $163,851
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $241,225
    Bonus
    $200,000
    Other
    $476,337
    Deferred
    $122,271
    Nontaxable benefits
    $41,580
    Filer's total
    $1,081,413

  • ANDREW J POWELL MD

    CARDIOLOGIST

    Total calculated
    $747,574
    From this org
    $559,093
    From related orgs
    $0
    Other
    $188,481
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $402,340
    Bonus
    $80,000
    Other
    $76,753
    Deferred
    $148,068
    Nontaxable benefits
    $40,413
    Filer's total
    $747,574

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

  • 1a · Tax indemnification and gross-up payments
  • 1a · Discretionary spending account
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 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 1A
BOSTON CHILDREN'S HEART FOUNDATION, INC. (THE FOUNDATION) ESTABLISHED A TUITION ASSISTANCE PLAN THAT SUPERSEDED THE PREVIOUS TUITION PLAN EFFECTIVE JANUARY 1, 2007. THE PLAN PROVIDES ANNUAL CONTRIBUTION PAYMENTS FOR ELIGIBLE PARTICIPANTS, BASED ON YEARS OF MEMBERSHIP SERVICE TO THE FOUNDATION AND NUMBER OF CHILDREN, TO A QUALIFIED STATE TUITION PROGRAM DESCRIBED IN SECTION 529 OF THE INTERNAL REVENUE CODE 1986 AS AMENDED. THE PLAN PROVIDES AN INCOME TAX GROSS-UP EQUAL TO 30% OF SUCH CONTRIBUTIONS TO ASSIST PARTICIPANTS IN DEFRAYING THE COST OF INCOME TAXES. THE PLAN PROVIDES FOR A TRANSITION FOR THOSE PARTICIPANTS WHO RECEIVED BENEFITS UNDER THE PREVIOUS PLAN, OR THOSE WHO WERE FOUNDATION MEMBERS FOR MORE THAN THREE YEARS AND HAD AT LEAST ONE CHILD WHO HAD ATTAINED AGE 14 AS OF JULY 1, 2007. THESE MEMBERS WILL NOT HAVE THE SAME INTEREST ACCRUAL ADVANTAGE AS THOSE WITH YOUNGER CHILDREN, AND CAN ELECT TO HAVE A LUMP-SUM CONTRIBUTION OR CAN ELECT TO HAVE TUITION REIMBURSEMENT UP TO THE AMOUNT OF TUITION ESTABLISHED BY HARVARD UNIVERSITY, PLUS AN INCOME TAX GROSS-UP BASED ON YEARS OF MEMBERSHIP SERVICE AS AN ASSISTANT PROFESSOR OR HIGHER UP TO A MAXIMUM OF 34%. THE FOLLOWING PARTICIPATED IN THE PLANS FOR SEPTEMBER 30, 2025: ELIZABETH DEWITT, MD; MICHAEL DAY, MD; MICHAEL J. FARIAS, MD; CHRISTINA VANDERPLUYM, MD; NAO SASAKI, MD; AND PETA M. ALEXANDER, MD. THESE AMOUNTS ARE INCLUDED IN THE RECIPIENTS' W-2. THE FOUNDATION ALSO PROVIDES GROSS-UP PAYMENTS FOR MORTGAGE FORGIVENESS, LONG-TERM DISABILITY INSURANCE, AND LIFE INSURANCE. THESE PAYMENTS ARE INCLUDED AS TAXABLE WAGES DURING THE YEAR. ALL PERMANENT FULL-TIME EMPLOYEES OF THE FOUNDATION ARE ELIGIBLE FOR GROSS-UP PAYMENTS.
PART I, LINE 7
BONUS COMPENSATION AMOUNTS ARE DETERMINED BY THE CHIEF OF BOSTON CHILDREN'S HEART FOUNDATION, INC. (THE FOUNDATION). THE AMOUNTS ARE DISCRETIONARY BASED ON JOB PERFORMANCE AND ON THE FINANCIAL PERFORMANCE OF THE FOUNDATION. BONUSES FOR THE CHIEF ARE REVIEWED AND APPROVED BY HOSPITAL LEADERSHIP INCLUDING THE CEO.

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

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
2024
IRS schema version
2024v5.5
Source object
202602189349300425

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