Skip to content
Nonprofiteer
← CHRIST HOSPITAL FOUNDATION

Form 990 for tax year 2023

Filed by CHRIST HOSPITAL FOUNDATION.

Totals

Total revenue
$11,399,859
Total expenses
$4,869,098
Contributions and grants received
$7,685,082
Grants paid
$2,099,414
Program service revenue
$0
Investment income
$3,710,021
Other revenue
$4,756
Total assets, end of year
$91,038,285
Total liabilities, end of year
$808
Net assets or fund balances, end of year
$91,037,477
Program services expenses (Part IX)
$4,791,073
Management and general expenses
$78,025
Fundraising expenses
$0
Program service expenses (Part III)
$4,791,073

Program services were 98.4% 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

    $25,772

  • 1f · All other contributions, gifts and grants

    $7,659,310

  • 1g · Noncash contributions included above

    $97,068

  • 2f · All other program service revenue

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

  • 3 · Investment income

    total $698,751 · related or exempt $0 · unrelated business $0 · excluded $698,751

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7a · Gross sales of assets other than inventory

    securities $3,011,270

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

    securities $0

  • 7c · Gain or loss

    securities $3,011,270 · other assets $0

  • 7d · Net gain or loss

    total $3,011,270 · related or exempt $0 · unrelated business $0 · excluded $3,011,270

  • 8a · Fundraising events: gross income

    $8,160

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

    $25,772

  • 8b · Fundraising events: direct expenses

    $3,404

  • 8c · Net income from fundraising events

    total $4,756 · unrelated business $0 · excluded $4,756

  • 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.

  • 1 · Grants to domestic organizations and governments

    total $2,099,414 · program services $2,099,414

  • 5 · Compensation of officers, directors and key employees

    total $0 · program services $0 · fundraising $0

  • 11f · Fees: investment management

    total $78,025 · program services $0 · management and general $78,025 · fundraising $0

  • 11g · Fees: other

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

  • 24a · Other expenses: HEART & VASCULAR SERVICES SUPPORT

    total $1,628,139 · program services $1,628,139 · management and general $0 · fundraising $0

  • 24b · Other expenses: OTHER HOSPITAL SERVICES SUPPORT

    total $502,232 · program services $502,232 · management and general $0

  • 24c · Other expenses: ONCOLOGY SERVICES SUPPORT

    total $409,682 · program services $409,682 · management and general $0 · fundraising $0

  • 24d · Other expenses: MEDICINE SUPPORT

    total $151,606 · program services $151,606 · management and general $0

  • 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 $0 · end of year $0

  • 2 · Savings and temporary cash investments

    beginning of year $2,399,429 · end of year $2,610,485

  • 3 · Pledges and grants receivable

    beginning of year $6,830,886 · end of year $4,889,029

  • 4 · Accounts receivable

    beginning of year $23,312,748 · end of year $27,376,010

  • 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 $47,829,033 · end of year $56,162,761

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $0

  • 14 · Intangible assets

    beginning of year $0

  • 15 · Other assets

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $10,430 · end of year $808

  • 18 · Grants payable

    beginning of year $0

  • 19 · Deferred revenue

    beginning of year $0

  • 20 · Tax-exempt bond liabilities

    beginning of year $0

  • 21 · Escrow or custodial account liability

    beginning 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

  • 24 · Unsecured notes and loans payable

    beginning of year $0

  • 25 · Other liabilities

    beginning of year $0 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $40,568,560 · end of year $45,578,837

  • 28 · Net assets with donor restrictions

    beginning of year $39,793,106 · end of year $45,458,642

  • 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

Mission and programs · 2023

Mission

THE MISSION OF THE CHRIST HOSPITAL FOUNDATION ('TCH FDN') IS TO SUPPORT THE MISSION OF THE CHRIST HOSPITAL ('TCH'). TCH'S MISSION IS TO IMPROVE THE HEALTH OF OUR COMMUNITY AND CREATE PATIENT VALUE BY PROVIDING EXCEPTIONAL OUTCOMES AND THE FINEST EXPERIENCES, ALL IN AN AFFORDABLE WAY.

Activities or mission (Part I)

THE MISSION OF THE CHRIST HOSPITAL FOUNDATION IS TO SUPPORT THE CHRIST HOSPITAL IN ITS MISSION.

  • THE MISSION OF THE CHRIST HOSPITAL FOUNDATION ('TCH FDN') IS TO CONDUCT AND SUPPORT ACTIVITIES EXCLUSIVELY FOR THE BENEFIT OF TCH. THE MISSION OF TCH IS TO IMPROVE THE HEALTH OF OUR COMMUNITY AND CREATE PATIENT VALUE BY PROVIDING EXCEPTIONAL OUTCOMES AND THE FINEST EXPERIENCES, ALL IN AN AFFORDABLE WAY. TCH FDN WAS CREATED TO CONTINUE AND FOSTER THE PHILANTHROPIC LEGACY OF TCH. TCH FDN SUPPORTS THE HEALTH CARE PROGRAMS, MEDICAL EDUCATION, COMMUNITY PROGRAMS AND CAPITAL PROJECTS OF TCH, ITS OUTPATIENT AND PHYSICIAN LOCATIONS AND THE CHRIST COLLEGE OF NURSING AND HEALTH SCIENCES. TCH FDN'S GOAL IS TO MAKE A LASTING IMPACT ON HEALTHCARE IN THE GREATER CINCINNATI REGION THROUGH CONTRIBUTIONS FROM INDIVIDUALS, CORPORATIONS, AND FOUNDATIONS TO TCH.

    Expenses $4,791,073 · Grants $2,099,414

As filed on the 2023 return.

Listed in Part VII

  • Deborah Hayes

    VICE-PRESIDENT

    Total calculated
    $1,581,234
    From this org
    $0
    From related orgs
    $1,217,252
    Other
    $363,982
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $967,805 related
    Bonus
    $0 + $222,423 related
    Other
    $0 + $27,024 related
    Deferred
    $0 + $348,224 related
    Nontaxable benefits
    $0 + $15,758 related
    Filer's total
    $0 + $1,581,234 related

  • Richard F Kammerer

    PRESIDENT (THRU 12/23)

    Total calculated
    $335,310
    From this org
    $0
    From related orgs
    $302,379
    Other
    $32,931
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $243,205 related
    Bonus
    $0 + $25,000 related
    Other
    $0 + $34,174 related
    Deferred
    $0 + $11,443 related
    Nontaxable benefits
    $0 + $21,488 related
    Filer's total
    $0 + $335,310 related

  • Stephen Rosfeld

    PRESIDENT (BEG 4/24)

    Total calculated
    $0
    Hours/week
    40

  • Theodore Scherpenberg

    TREASURER

    Total calculated
    $738,582
    From this org
    $0
    From related orgs
    $659,143
    Other
    $79,439
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $500,003 related
    Bonus
    $0 + $135,500 related
    Other
    $0 + $23,640 related
    Deferred
    $0 + $66,244 related
    Nontaxable benefits
    $0 + $13,195 related
    Filer's total
    $0 + $738,582 related

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

  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 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

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 PRESIDENT OF THE CHRIST HOSPITAL FOUNDATION IS DETERMINED BY THE CHRIST HOSPITAL, A RELATED ORGANIZATION. THE CHRIST HOSPITAL REFERENCES A MINIMUM OF THREE INDEPENDENT COMPENSATION SURVEYS ON AN ANNUAL BASIS TO ASSESS THE REASONABLENESS OF BASE PAY AND TOTAL COMPENSATION, ALL OF WHICH IS CONTEMPORANEOUSLY DOCUMENTED.
Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan
THE CHRIST HOSPITAL HAS A 457(F) NON-QUALIFIED DEFERRED COMPENSATION PLAN FOR CERTAIN SENIOR EXECUTIVES. THE AMOUNTS BELOW ARE INCLUDED IN COLUMN (C) FOR THE INDIVIDUALS LISTED: DEBORAH HAYES $ 319,482 THEODORE SCHERPENBERG $ 66,244 THE FOLLOWING INDIVIDUAL RECEIVED A PAYOUT FROM THE PLAN: DEBORAH HAYES $ 75,726

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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

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

  • CHRIST HOSPITAL HEALTH SERVICES CORP

    C Corporation · MEDICAL SVCS · OH · controlled entity

    Directly controlled by TCH INC

  • EXCEL INSURANCE COMPANY LTD

    C Corporation · INSURANCE · CJ · controlled entity

    Directly controlled by TCH

  • THE CHRIST HOSPITAL HEALTH NETWORK SERVICE CORPORATION

    C Corporation · MEDICAL SVCS · OH · controlled entity

    Directly controlled by TCH

  • ALLIANCE INTEGRATIVE MEDICINE LLC

    C Corporation · MEDICAL SCVS · OH

    Directly controlled by THE CHRIST HOSPITAL HEALTH NETWORK SERVICE CORPORATION

Provenance

Return type
form_990
Tax year
2023
Filed
15 May 2025
IRS schema version
2023v6.0
Source object
202511359349312631

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

The source document this was parsed from is served over the API, which is where bulk and document access live.