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Nonprofit · EIN 61-6027530

CHILDRENS HOSPITAL FOUNDATION

Tax-exempt · LOUISVILLE, KY 40202

Financials

$19.8M$19M2023$32.1M$19.6M2024
Revenue Expenses · by fiscal year end
Financials of CHILDRENS HOSPITAL FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$32,089,052$19,567,923$12,521,129$142,334,940$3,863,755$138,471,185
December 31, 2023990$19,773,090$18,980,667$792,423$124,940,491$2,380,876$122,559,615
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$25,646,043
of which government grants
$3,595,989
Program service revenue
$0
Investment income
$5,662,164
Net gain from sales of assets
$3,467,155
Net income from fundraising events
$37,145
Net income from gaming
$616,306
Net income from sales of inventory
$127,394
Other revenue
$780,845

Expenses

Grants and similar amounts paid
$14,306,685
Compensation of officers, directors and key employees
$197,307
Other salaries and wages
$1,896,731
Salaries, compensation and benefits (total)
$2,543,781
Professional fundraising fees
$206,509
Occupancy
$138,502
Travel
$10,838
Depreciation
$12,440
Program services (functional)
$14,306,685
Management and general (functional)
$1,324,499
Fundraising (functional)
$3,936,739

Balance sheet and other

Total assets, start of year
$124,940,491
Total assets, end of year
$142,334,940
Total liabilities, end of year
$3,863,755
Net assets, end of year
$138,471,185
Land, buildings and equipment
$65,442
Publicly traded securities
$57,330,483
Net assets without donor restrictions
$37,534,885
Net assets with donor restrictions
$100,936,300
Gross receipts
$50,348,048
Employees
33
Volunteers
576
Year formed
1962
State of legal domicile
KY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
Russell F CoxPresident & CEO
Officer
1$0$3,633,654$482,184
Michael W GoughExec VP and COO (partial year)
Officer
1$0$3,200,723$16,296
Adam KempfSr VP & CFAO
Officer
1$0$1,418,297$241,646
Robert B AzarSr VP Chief Legal Officer/Secretary
Officer
1$0$1,125,537$176,992
Mary Lynn MeyerSr VP WCCP/ CDO
Key employee
12$194,712$596,938$128,645
Emmett RamserTrustee/Former Hospital CAO
Trustee or director
1$0$511,628$34,578
Heather SingletonSys Dir, Events/Community Relations
Highest-paid employee
32$210,618$52,655$33,299
Adam FieldsSys Dir, Planned Giving and Major Gifts
Highest-paid employee
20$110,403$110,403$18,484
Susan CohenDir, Grants
Highest-paid employee
33$108,717$36,239$14,887
Amanda CurrentDir, Events and Internal Relations
Highest-paid employee
33$97,836$24,459$32,898
Anne CannonDir Events/Donor Relation
Highest-paid employee
33$100,503$25,126$15,153
Marita WillisBoard Chair
Trustee or director, Officer
1$2,000$0$0
Ashley Novak ButlerBoard Vice Chair
Trustee or director, Officer
1$0$0$0
Mark PrussianBoard Vice Chair
Trustee or director, Officer
1$0$0$0
Mitchel DenhamBoard Treasurer
Trustee or director, Officer
1$0$0$0
25 more people on this return
NameTitleHours / weekCompensation
Tonii RizzoBoard Secretary
Trustee or director, Officer
1$0
Akure ParadisTrustee
Trustee or director
1$0
Andrew KoonTrustee
Trustee or director
1$0
Bill TaylorTrustee
Trustee or director
1$0
Bruce DudleyTrustee
Trustee or director
1$0
Clay HuntTrustee
Trustee or director
1$0
Dana JohnsonTrustee
Trustee or director
1$0
David RamageTrustee
Trustee or director
1$0
Eric WeiheTrustee
Trustee or director
1$0
Felisha DowdyTrustee
Trustee or director
1$0
G Hunt Rounsavall JrTrustee
Trustee or director
1$0
Izmene Peredo-MartinezTrustee (partial year)
Trustee or director
1$0
John ThurmanTrustee
Trustee or director
1$0
Jose Neil DonisTrustee (partial year)
Trustee or director
1$0
Kirstina ChiuTrustee (partial year)
Trustee or director
1$0
Mari-Elise PaulTrustee
Trustee or director
1$0
Mark LynnTrustee
Trustee or director
1$0
Mary NewellTrustee
Trustee or director
1$0
Matthew AllenTrustee (partial year)
Trustee or director
1$0
Melanie MinteerTrustee
Trustee or director
1$0
Mimi HwangTrustee
Trustee or director
1$0
Rachel Miles-MerrickTrustee
Trustee or director
1$0
Ryan BridgemanTrustee
Trustee or director
1$0
William EhrigTrustee
Trustee or director
1$0
Yolanda AcostaTrustee
Trustee or director
1$0
990 for the year ended December 31, 2023: 43 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Russell F CoxPresident & CEO
Officer
1$0$3,068,539$417,106
Michael W GoughExec VP and COO
Officer
1$0$1,823,008$288,832
Adam KempfSr VP, CFO/Treasurer
Officer
1$0$1,141,705$223,063
Robert B AzarSr VP Chief Legal Officer/Secretary
Officer
1$0$1,021,584$169,876
Mary Lynn MeyerSr VP WCCP/ CDO
Key employee
12$0$700,811$125,097
Emmett RamserTrustee/Hospital CAO
Trustee or director
1$0$540,957$108,957
Heather SingletonSys Dir Events/Community Relatons
Highest-paid employee
32$217,009$39,236$37,333
Adam FieldsSys Dir Planned Giving and Major Gifts
Highest-paid employee
20$129,504$82,376$18,970
Susan CohenDir Grants
Highest-paid employee
33$117,238$20,239$17,156
Amanda CurrentDir, Events and Internal Relations
Highest-paid employee
33$97,739$15,555$36,109
Anne CannonDir Events/Donor Relation
Highest-paid employee
33$99,771$15,856$14,320
Marita WillisBoard Chair
Trustee or director, Officer
1$2,000$0$0
Ashley Novak ButlerBoard Vice-Chair
Trustee or director, Officer
1$0$0$0
Mark PrussianBoard Vice-Chair
Trustee or director, Officer
1$0$0$0
Mitchel DenhamBoard Treasurer
Trustee or director, Officer
1$0$0$0
Tonii RizzoBoard Secretary
Trustee or director, Officer
1$0$0$0
Adam FutrellTrustee (partial year)
Trustee or director
1$0$0$0
Akure ParadisTrustee
Trustee or director
1$0$0$0
Andrew KoonTrustee
Trustee or director
1$0$0$0
Bill TaylorTrustee
Trustee or director
1$0$0$0
Bruce DudleyTrustee
Trustee or director
1$0$0$0
Calvin BarkerTrustee (partial year)
Trustee or director
1$0$0$0
Christine SchneiderTrustee
Trustee or director
1$0$0$0
Clay HuntTrustee
Trustee or director
1$0$0$0
Dana JohnsonTrustee
Trustee or director
1$0$0$0
David RamageTrustee
Trustee or director
1$0$0$0
Eric WeiheTrustee
Trustee or director
1$0$0$0
Felisha DowdyTrustee
Trustee or director
1$0$0$0
G Hunt Rounsavall JrTrustee
Trustee or director
1$0$0$0
John ThurmanTrustee
Trustee or director
1$0$0$0
Jose Neil DonisTrustee
Trustee or director
1$0$0$0
Mari-Elise PaulTrustee
Trustee or director
1$0$0$0
Mark LynnTrustee
Trustee or director
1$0$0$0
Mary NewellTrustee
Trustee or director
1$0$0$0
Melanie MinteerTrustee
Trustee or director
1$0$0$0
Mimi HwangTrustee
Trustee or director
1$0$0$0
Rachel Miles-MerrickTrustee
Trustee or director
1$0$0$0
Ryan BridgemanTrustee
Trustee or director
1$0$0$0
Terrian BarnesTrustee (partial year)
Trustee or director
1$0$0$0
Tony ChristensenTrustee
Trustee or director
1$0$0$0
Vincent CumminsTrustee
Trustee or director
1$0$0$0
William EhrigTrustee
Trustee or director
1$0$0$0
Yolanda AcostaTrustee
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
ACCOUNTING 224 E BROADWAY 5TH FLOOR, LOUISVILLE, KY 40202-0000
In care of
% WILLIAM O PRICE
Principal officer (990 for 2024)
RUSSELL F COX, 4967 US HIGHWAY 42 SUITE 100, LOUISVILLE, KY 40222
Signed the 990
ADAM KEMPF, SRVP & CFO
Phone
(502) 629-3409
Return prepared by
CROWE LLP

Mission

Support from the Children's Hospital Foundation allows the pediatric specialists at Norton Children's Hospital to continue to respond to the unique medical needs of children from birth to age 18, and in some cases through adulthood. It also supports the hospital's health and wellness prevention initiatives, as well as any pediatric-related needs of all other organizations affiliated with Norton Healthcare

990 for the year ended December 31, 2024

Program accomplishments

  • The Children's Hospital Foundation (dba Norton Children's Hospital Foundation) raises funds for Norton Children's Hospital, Kentucky's only full-service, free-standing pediatric hospital; servicing Norton Children's Medical Center, Norton Women's & Children's Hospital, as well as all Norton affiliated organizations in need of supporting pediatric programs, equipment and facilities, research, advocacy and education. The Children's Hospital Foundation is motivated to ensure that children from throughout Greater Louisville have the medical care they need when they need it, while keeping kids as close to home as possible. Support from the Norton Children's Hospital Foundation allows the pediatric specialists of Norton Children's facilities and pediatric services to continue to respond to the unique medical needs of children from birth to age 18, and in some cases through adulthood. Norton Children's Hospital is Louisville's only Level I Pediatric Trauma Center and the primary teaching facility for the U of L School of Medicine Department of Pediatrics. Major programs funded in 2024 included: * Operational funding for the Norton Children's Prevention & Wellness team, including Safety City and No Kid Hungry, as well as additional education and outreach * Expansion of the Heal Dog Heal Program
    Expenses $8,958,408 · grants $8,958,408
  • The Children's Hospital Foundation provides funding for capital projects, in addition to programs, advocacy, education and research. In 2024, the Foundation funded the following capital projects: * Islet Cell Research and Transplant Program Equipment * Pediatric Specialist Department - Support to build Center of Excellence * NICU Care equipment * Transport Team Ambulance assistance * Vans for Neonatal-pediatric Outreach Vehicles * Pediatric Cardiology Mapping equipment * Transport Team JFK Ambulance support * Simulation Vehicle * Autism Research Support for Playground * Neuro OR Renovation support
    Expenses $5,348,277 · grants $5,348,277

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
61-6027530
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1964
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E110)
Assets (IRS master file)
$142,334,940
Income (IRS master file)
$50,348,048

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$32,089,052$19,567,923$142,334,940XML
990December 2023$19,773,090$18,980,667$124,940,491XML
990December 2022$23,012,177$14,129,361$116,613,847IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 61-6027530).

Questions about CHILDRENS HOSPITAL FOUNDATION

What is the EIN of CHILDRENS HOSPITAL FOUNDATION?
The employer identification number (EIN) of CHILDRENS HOSPITAL FOUNDATION is 61-6027530.
Is CHILDRENS HOSPITAL FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1964.
Are donations to CHILDRENS HOSPITAL FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CHILDRENS HOSPITAL FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of CHILDRENS HOSPITAL FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CHILDRENS HOSPITAL FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of CHILDRENS HOSPITAL FOUNDATION?
The 990 for the year ended December 31, 2024 names RUSSELL F COX.
Who are the officers and directors of CHILDRENS HOSPITAL FOUNDATION?
The 990 for the year ended December 31, 2024 lists 40 people; 7 received compensation from the organization.
How much revenue does CHILDRENS HOSPITAL FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $32,089,052, expenses of $19,567,923 and total assets of $142,334,940 at year end.

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