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Nonprofiteer
← CHILDRENS HOSPITAL OF MICHIGAN FOUNDATION

Form 990 for tax year 2023

Filed by CHILDRENS HOSPITAL OF MICHIGAN FOUNDATION.

Totals

Total revenue
$17,571,638
Total expenses
$11,952,983
Contributions and grants received
$16,682,873
Grants paid
$6,009,841
Program service revenue
$0
Investment income
$1,088,400
Other revenue
-$199,635
Total assets, end of year
$140,838,602
Total liabilities, end of year
$1,408,164
Net assets or fund balances, end of year
$139,430,438
Program services expenses (Part IX)
$7,959,320
Management and general expenses
$2,304,930
Fundraising expenses
$1,688,733
Program service expenses (Part III)
$7,959,320

Program services were 66.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $1,344,406

  • 1d · Related organizations

    $164,589

  • 1f · All other contributions, gifts and grants

    $15,173,878

  • 1g · Noncash contributions included above

    $171,760

  • 3 · Investment income

    total $2,380,298 · excluded $2,380,298

  • 7a · Gross sales of assets other than inventory

    securities $33,868,939

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

    securities $35,160,837

  • 7c · Gain or loss

    securities -$1,291,898

  • 7d · Net gain or loss

    total -$1,291,898 · excluded -$1,291,898

  • 8a · Fundraising events: gross income

    $206,395

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

    $1,344,406

  • 8b · Fundraising events: direct expenses

    $417,305

  • 8c · Net income from fundraising events

    total -$210,910 · excluded -$210,910

  • 9a · Gaming: gross income

    $20,274

  • 9b · Gaming: direct expenses

    $8,999

  • 9c · Net income from gaming

    total $11,275 · excluded $11,275

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $5,833,299 · program services $5,833,299

  • 2 · Grants to domestic individuals

    total $176,542 · program services $176,542

  • 5 · Compensation of officers, directors and key employees

    total $1,218,893 · program services $525,317 · management and general $480,091 · fundraising $213,485

  • 7 · Other salaries and wages

    total $1,541,531 · program services $321,026 · management and general $355,253 · fundraising $865,252

  • 8 · Pension plan contributions

    total $102,532 · program services $32,536 · management and general $31,805 · fundraising $38,191

  • 9 · Other employee benefits

    total $302,840 · program services $87,145 · management and general $120,060 · fundraising $95,635

  • 10 · Payroll taxes

    total $222,357 · program services $72,835 · management and general $66,904 · fundraising $82,618

  • 11b · Fees: legal

    total $27,670 · management and general $27,670

  • 11c · Fees: accounting

    total $253,298 · management and general $253,298

  • 11f · Fees: investment management

    total $236,634 · management and general $236,634

  • 11g · Fees: other

    total $194,793 · program services $18,295 · management and general $146,647 · fundraising $29,851

  • 12 · Advertising and promotion

    total $36,308 · management and general $29,299 · fundraising $7,009

  • 13 · Office expenses

    total $531,850 · program services $23,867 · management and general $250,862 · fundraising $257,121

  • 16 · Occupancy

    total $180,592 · management and general $180,592

  • 19 · Conferences, conventions and meetings

    total $27,262 · program services $18,060 · management and general $5,350 · fundraising $3,852

  • 20 · Interest

    total $646 · management and general $646

  • 22 · Depreciation, depletion and amortization

    total $14,473 · management and general $14,473

  • 23 · Insurance

    total $39,319 · program services $1,939 · management and general $34,047 · fundraising $3,333

  • 24a · Other expenses: COMMUNITY OUTREACH

    total $659,949 · program services $544,999 · management and general $39,950 · fundraising $75,000

  • 24b · Other expenses: OTHER NON OPERATING EXP

    total $301,818 · program services $275,592 · management and general $23,094 · fundraising $3,132

  • 24c · Other expenses: DUES & MEMBERSHIP

    total $33,821 · program services $22,406 · management and general $6,637 · fundraising $4,778

  • 24d · Other expenses: DONOR RELATIONS

    total $8,245 · program services $5,462 · management and general $1,618 · fundraising $1,165

  • 24e · All other expenses

    total $8,311 · fundraising $8,311

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $5,126,034 · end of year $7,613,528

  • 3 · Pledges and grants receivable

    beginning of year $960,139 · end of year $7,964,998

  • 4 · Accounts receivable

    beginning of year $156,711 · end of year $337,914

  • 9 · Prepaid expenses and deferred charges

    beginning of year $138,163 · end of year $102,374

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

    $328,705

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

    $265,580

  • 10c · Land, buildings and equipment, net

    beginning of year $154,805 · end of year $63,125

  • 11 · Investments: publicly traded securities

    beginning of year $67,465,079 · end of year $74,519,202

  • 12 · Investments: other securities

    beginning of year $44,859,161 · end of year $48,702,476

  • 15 · Other assets

    beginning of year $1,674,106 · end of year $1,534,985

  • 17 · Accounts payable and accrued expenses

    beginning of year $858,043 · end of year $322,814

  • 18 · Grants payable

    beginning of year $127,000 · end of year $88,851

  • 25 · Other liabilities

    beginning of year $1,133,620 · end of year $996,499

  • 27 · Net assets without donor restrictions

    beginning of year $21,133,683 · end of year $19,189,808

  • 28 · Net assets with donor restrictions

    beginning of year $97,281,852 · end of year $120,240,630

Mission and programs · 2023

Mission

THE CHILDREN'S FOUNDATION IS A CATALYST FOR CHANGE, PARTNERING WITH THE COMMUNITY TO ADVANCE SOLUTIONS AND DISCOVERIES THAT IMPROVE THE MENTAL AND PHYSICAL HEALTH OF CHILDREN IN MICHIGAN

Activities or mission (Part I)

TO SUPPORT PEDIATRIC RESEARCH, EDUCATION, COMMUNITY BENEFIT PROGRAMS, AND OTHER (SEE SCH O) INITIATIVES TO IMPROVE THE HEALTH OF CHILDREN IN MICHIGAN.

  • TO SUPPORT RESEARCH PROGRAMS TO IMPROVE THE HEALTH OF CHILDREN IN MICHIGAN. 2023 AWARDS INCLUDE, BUT ARE NOT LIMITED TO, THE FOLLOWING: FUNDING FOR THE CHILDREN'S RESEARCH CENTER OF MICHIGAN FUNDING FOR WAYNE STATE UNIVERSITY ("WSU") ENDOWED CHAIR AND PROFESSORSHIPS FUNDING STUDIES ON THE TREATMENT OF PEDIATRIC CANCERS FUNDING STUDIES ON SICKLE CELL DISEASE FUNDING FOR A STUDY ON CONGENITAL HEART DISEASE UTILIZING 3D MODELING FUNDING FOR A STUDY ON THE USE OF SALIVARY MRNA TO PREDICT CONCUSSION OUTCOMES FUNDING FOR A STUDY ON IMMUNOSUPPRESSION FROM SYSTEMIC STEROID BURSTS IN ASTHMA FUNDING TO ESTABLISH A DATABASE FOR TRACKING CHILDREN WITH MULTISYSTEM INFLAMMATORY SYNDROME DUE TO COVID-19 (MIS-C)

    Expenses $1,804,856 · Grants $1,804,856

  • TO SUPPORT EDUCATION PROGRAMS TO IMPROVE THE HEALTH OF CHILDREN IN MICHIGAN. 2023 AWARDS INCLUDE, BUT ARE NOT LIMITED TO, THE FOLLOWING: FUNDING FOR WAYNE STATE UNIVERSITY ("WSU") ENDOWED CHAIR AND PROFESSORSHIPS FUNDING TO PROMOTE EXCELLENCE IN NURSING BY PROVIDING ACCESS TO INFORMATION AND NETWORKING OPPORTUNITIES EDUCATIONAL FUNDING FOR PEDIATRIC FELLOWS, DENTISTRY FELLOWS, THORACIC AND CARDIOVASCULAR SURGERY TEAM, AND TRAUMA AND BURN TEAMS FUNDING TO SUPPORT TWO CHILD LIFE FELLOWSHIPS AT CHILDREN'S HOSPITAL OF MICHIGAN AND KARMANOS CANCER INSTITUTE FUNDING FOR CONFERENCES FOR VARIOUS POSITIONS FUNDING FOR LECTURES ON HEMATOLOGY-ONCOLOGY, SURGERY, IMAGING, AND NEONATOLOGY

    Expenses $659,709 · Grants $659,709

  • TO SUPPORT COMMUNITY BENEFIT PROGRAMS TO IMPROVE THE HEALTH OF CHILDREN IN MICHIGAN. 2023 AWARDS INCLUDE, BUT ARE NOT LIMITED TO, THE FOLLOWING: FUNDING TO TEACH CHILDREN'S HOSPITAL OF MICHIGAN ("CHM") PATIENTS AND FAMILIES ABOUT SAFETY TO REDUCE THE NUMBER OF UNINTENTIONAL INJURIES TO CHILDREN FUNDING TO ASSIST FAMILIES WHO ARE EXPERIENCING FINANCIAL HARDSHIP RELATED TO MEDICAL CARE AND SPECIAL NEEDS OF THEIR CHILDREN FUNDING FOR PSYCHOSOCIAL AND SUPPORTIVE SERVICES FOR CHILDREN AND FAMILIES FACING CHRONIC AND ACUTE LIFE-THREATENING ILLNESSES FUNDING TO SUPPORT MENTAL AND BEHAVIORAL HEALTH PROGRAMS FOR CHILDREN AND TEENS, INCLUDING THOSE PROVIDING SUICIDE PREVENTION, GRIEF SUPPORT, AND TRAUMA THERAPY, AMONG OTHERS FUNDING TO SUPPORT HEALTHY LIVING PROGRAMS AIMED AT YOUTH AND THEIR FAMILIES, INCLUDING OBESITY INTERVENTION AND NUTRITIONAL EDUCATION, AS WELL AS THOSE ADDRESSING FOOD INSECURITY FOR AT-RISK CHILDREN AND FAMILIES FUNDING FOR PROGRAMS AIMED AT THE PREVENTION OF PHYSICAL AND SEXUAL ABUSE OF CHILDREN AND TEENS, AS WELL AS TREATMENT SERVICES AT CHILD ADVOCACY CENTERS AND MENTORSHIP PROGRAMS FOR YOUTH IN FOSTER CARE FUNDING TO PROVIDE EYE SCREENINGS AND GLASSES TO STUDENTS IN NEED FUNDING TO SUPPORT VARIOUS ORGANIZATIONS PROVIDING ABA AND OTHER THERAPEUTIC SERVICES TO YOUTH WITH DEVELOPMENTAL DISABILITIES

    Expenses $5,494,755 · Grants $3,545,276

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Luanne Ewald

    CHAIRPERSON

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Cynthia Ford

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Fred Minturn

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Rita Margherio

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Andy Zaleski

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Mary Lu Angelilli

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Lizabeth Ardisana

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Jack Baker

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • John Barker

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Karl Bell

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Mike Ben

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Steve Blahunka

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Greg Bockart

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Chuck Bullock

    TRUSTEE - PART YEAR

    Total calculated
    $0
    Hours/week
    1
  • Brian Calka

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Jim Carr

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Ajay Chawla

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Tom Constand

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Dan Cornwell

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Robert Davies

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Zenna Elhasan

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Matt Friedman

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Terry Gardner

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Peter Ginopolis

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Rich Haddad

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Steve Hylant

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Lorron James

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Steve Jbara

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Mable Jones

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Laura Kowalchik

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • David Kwon

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Edward Levy

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Mike Madison

    TRUSTEE - PART YEAR

    Total calculated
    $0
    Hours/week
    1
  • Sarah McDade

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Erik Morganroth

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Anita Penta

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Ryan Ruzziconi

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Samuel Shaheen

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Donnell White

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Lyle Wolberg

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Andrew Stein

    PRESIDENT AND CEO

    Total calculated
    $354,182
    From this org
    $322,611
    From related orgs
    $0
    Other
    $31,571
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $313,611
    Bonus
    $0
    Other
    $9,000
    Deferred
    $6,579
    Nontaxable benefits
    $24,992
    Filer's total
    $354,182
  • Rick Dibartolomeo

    CHIEF FINANCIAL OFFICER

    Total calculated
    $211,928
    From this org
    $188,806
    From related orgs
    $0
    Other
    $23,122
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $188,806
    Bonus
    $0
    Other
    $0
    Deferred
    $3,846
    Nontaxable benefits
    $19,276
    Filer's total
    $211,928
  • Jodi L Wong

    VICE PRESIDENT OF OPERATIONS

    Total calculated
    $204,038
    From this org
    $190,969
    From related orgs
    $0
    Other
    $13,069
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $190,969
    Bonus
    $0
    Other
    $0
    Deferred
    $3,704
    Nontaxable benefits
    $9,365
    Filer's total
    $204,038
  • Tracy Miller

    ASSISTANT SECRETARY - PART YEAR

    Total calculated
    $109,723
    From this org
    $104,317
    From related orgs
    $0
    Other
    $5,406
    Hours/week
    40 + 1 related
  • Jill Nelson

    CHIEF MARKETING OFFICER - PART YEAR

    Total calculated
    $157,654
    From this org
    $151,347
    From related orgs
    $0
    Other
    $6,307
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $151,347
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $6,307
    Filer's total
    $157,654
  • Todd Krieger

    CHIEF OFFICER, STRATEGIC PARTNERSHIPS AND COMMUNIT

    Total calculated
    $181,367
    From this org
    $164,444
    From related orgs
    $0
    Other
    $16,923
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $164,444
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $16,923
    Filer's total
    $181,367
  • Jennifer Richard

    ASSISTANT VICE PRESIDENT DEVELOPMENT

    Total calculated
    $162,344
    From this org
    $144,529
    From related orgs
    $0
    Other
    $17,815
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $144,529
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $17,815
    Filer's total
    $162,344
  • Therese Quattrociocchi

    DIRECTOR, CORPORATE & FOUNDATION RELATIONS

    Total calculated
    $156,839
    From this org
    $134,894
    From related orgs
    $0
    Other
    $21,945
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $134,894
    Bonus
    $0
    Other
    $0
    Deferred
    $2,741
    Nontaxable benefits
    $19,204
    Filer's total
    $156,839
  • Brian Kilkelly

    CHIEF OF STAFF

    Total calculated
    $135,893
    From this org
    $131,224
    From related orgs
    $0
    Other
    $4,669
    Hours/week
    40
  • Chris Perry

    EXECUTIVE DIRECTOR OF JAMIE DANIELS FOUNDATION

    Total calculated
    $145,822
    From this org
    $123,926
    From related orgs
    $0
    Other
    $21,896
    Hours/week
    40
  • George Westerman

    ASSOC. DIRECTOR, DONOR RELATIONS & GIFT PLANNING

    Total calculated
    $138,889
    From this org
    $117,007
    From related orgs
    $0
    Other
    $21,882
    Hours/week
    40

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, and on a Form 990-PF Part VIII's — 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

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

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
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

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

The 10 largest by cash amount. The API serves every itemized grant.

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.

  • LEGACY CHM

    501(C)(3) · PEDIATRIC HEALTH CARE - IMPROVING HEALTH/WELLBEING OF CHILDREN · MI · controlled entity

    Directly controlled by CHILDREN'S HOSPITAL OF MI FOUNDATION

  • FIRST TEE - GREATER DETROIT

    501(C)(3) · EDU PROGRAMS - BUILDING CHARACTER & ENHANCING LIFE VALUES THROUGH GOLF · MI · controlled entity

    Directly controlled by CHILDREN'S HOSPITAL OF MI FOUNDATION

Provenance

Return type
form_990
Tax year
2023
Filed
14 November 2024
IRS schema version
2023v5.1
Source object
202433199349316798

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

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