Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1a · Federated campaigns

  $212,218

• 1c · Fundraising events

  $2,197,056

• 1f · All other contributions, gifts and grants

  $31,628,302

• 1g · Noncash contributions included above

  $674,599

• 3 · Investment income

  total $20,557,682 · excluded $20,557,682

• 7a · Gross sales of assets other than inventory

  securities $343,558,931

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

  securities $330,454,642 · other assets $551

• 7c · Gain or loss

  securities $13,104,289 · other assets -$551

• 7d · Net gain or loss

  total $13,103,738 · excluded $13,103,738

• 8a · Fundraising events: gross income

  $191,071

• 8a · Fundraising events: contributions included on line 1c

  $2,197,056

• 8b · Fundraising events: direct expenses

  $858,901

• 8c · Net income from fundraising events

  total -$667,830 · excluded -$667,830

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $26,259,743 · program services $26,259,743

• 5 · Compensation of officers, directors and key employees

  total $380,533 · management and general $380,533

• 7 · Other salaries and wages

  total $5,032,644 · management and general $893,355 · fundraising $4,139,289

• 8 · Pension plan contributions

  total $205,961 · management and general $27,861 · fundraising $178,100

• 9 · Other employee benefits

  total $567,182 · management and general $145,443 · fundraising $421,739

• 10 · Payroll taxes

  total $347,963 · management and general $79,474 · fundraising $268,489

• 11a · Fees: management

  total $1,246,913 · management and general $1,246,913

• 11e · Fees: professional fundraising services

  total $480,174 · fundraising $480,174

• 11f · Fees: investment management

  total $3,217,374 · management and general $3,217,374

• 11g · Fees: other

  total $1,253,654 · management and general $101,125 · fundraising $1,152,529

• 12 · Advertising and promotion

  total $158,251 · fundraising $158,251

• 13 · Office expenses

  total $1,400 · fundraising $1,400

• 14 · Information technology

  total $448,803 · management and general $448,803

• 16 · Occupancy

  total $10,590 · management and general $10,590

• 17 · Travel

  total $61,829 · management and general $10,371 · fundraising $51,458

• 19 · Conferences, conventions and meetings

  total $10,745 · management and general $480 · fundraising $10,265

• 22 · Depreciation, depletion and amortization

  total $114,049 · management and general $114,049

• 24a · Other expenses: OTHER EXPENSES

  total $694,732 · program services $197,799 · management and general $161,931 · fundraising $335,002

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $200 · end of year $200

• 2 · Savings and temporary cash investments

  beginning of year $4,652,200 · end of year $1,807,930

• 3 · Pledges and grants receivable

  beginning of year $76,301 · end of year $1,570,740

• 9 · Prepaid expenses and deferred charges

  beginning of year $512,840 · end of year $157,903

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

  $1,047,120

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

  $615,809

• 10c · Land, buildings and equipment, net

  beginning of year $545,910 · end of year $431,311

• 11 · Investments: publicly traded securities

  beginning of year $1,055,612,875 · end of year $1,034,890,793

• 15 · Other assets

  beginning of year $349,154,278 · end of year $301,703,640

• 17 · Accounts payable and accrued expenses

  beginning of year $2,228,913 · end of year $1,944,888

• 25 · Other liabilities

  beginning of year $27,510,181 · end of year $144,259,761

• 27 · Net assets without donor restrictions

  beginning of year $1,031,774,091 · end of year $892,759,650

• 28 · Net assets with donor restrictions

  beginning of year $349,041,419 · end of year $301,598,218

The filer's explanations (Part III)

PART I, LINE 3

THE FOUNDATION RELIED UPON CHILDREN'S HOSPITAL AND HEALTH SYSTEM, INC. ("CHHS"), THE CORPORATE MEMBER OF THE FOUNDATION, TO ESTABLISH THE COMPENSATION OF THE FOUNDATION'S PRESIDENT. CHHS USED ITS INDEPENDENT COMPENSATION COMMITTEE, AN INDEPENDENT COMPENSATION CONSULTANT, THE FORM 990 OF OTHER ORGANIZATIONS, COMPENSATION SURVEYS, AND APPROVAL BY THE COMPENSATION COMMITTEE TO DETERMINE THE COMPENSATION.

PART I, LINE 4B

IN 2022, THERE WAS A CHHS FLEXIBLE BENEFIT PLAN IN PLACE WHICH WAS A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN (457(F)). THE ORGANIZATION CONTRIBUTES 10% OF EACH PARTICIPATING EXECUTIVE'S SALARY. THE AMOUNTS OF EMPLOYER CONTRIBUTIONS TO THIS PLAN FOR PARTICIPATING EXECUTIVES IN 2022 WERE AS FOLLOWS: M. BRZYSKI NELSON, $58,106; M. CADIEUX, $100,807; AND M. METTNER, $60,017. AFTER A VESTING PERIOD, PARTICIPANTS MAY ELECT TO WITHDRAW AMOUNTS PREVIOUSLY CONTRIBUTED AND REPORTED. AMOUNTS WITHDRAWN BY PARTICIPANTS IN 2022 WERE: M. BRZYSKI NELSON, $34,233, M. CADIEUX, $133,747, AND M. METTNER, $93,242.

PART I, LINE 7

CERTAIN EXECUTIVES PARTICIPATE IN AN ANNUAL BONUS PLAN THAT PROVIDES COMPENSATION BASED ON ACHIEVING SPECIFIC PRE-DEFINED GOALS. BONUS CRITERIA ARE COMPRISED OF BOTH SYSTEM LEVEL AND EXECUTIVE SPECIFIC COMPONENTS. SUCH CRITERIA PERTAIN TO MATTERS WITHIN THE EXECUTIVE'S AREA OF RESPONSIBILITY, AS WELL AS ACHIEVEMENT OF OVERALL STRATEGIC OBJECTIVES OF THE ORGANIZATION AND ITS AFFILIATES IN ALIGNMENT WITH SYSTEM-WIDE BALANCED MEASURES.

FORM 990, PART VII, COLUMN E & SCHEDULE J, PART II:

SALARIES PAID BY RELATED ORGANIZATIONS 1. MARGARET TROY, DIRECTOR OF CHWF AND PRESIDENT & CEO OF CHHS, MARGARET BRZYSKI NELSON, DIRECTOR, CHIEF DEVELOPMENT OFFICER, AND PRESIDENT OF CHWF, MARC CADIEUX, TREASURER OF CHWF AND TREASURER & CFO OF CHHS, AND MICHELLE METTNER, SECRETARY OF CHWF AND CORP VP GOV & LEGAL AFFAIRS - REPORTABLE COMPENSATION FROM RELATED ORGANIZATIONS AND OTHER COMPENSATION LISTED IN PART VII AND SCHEDULE J WERE PAID FOR SERVICES PROVIDED (40 HOURS PER WEEK) TO CHHS AND ITS AFFILIATES. THESE AMOUNTS WERE PAID BY CHHS. SERVICES BY MS. TROY AND MS. NELSON AS MEMBERS OF THE BOARD OF DIRECTORS OF CHWF WERE PROVIDED ON A PART-TIME VOLUNTARY BASIS.

Related corporations and trusts

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

• WEST ALLIS PRESCRIPTION CENTER INC

  C · PHARMACY · WI

• WAUWATOSA PRESCRIPTION CENTER INC SKYWALK PHARMACY

  C · PHARMACY · WI