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Nonprofit · EIN 62-1872938

LE BONHEUR CHILDRENS HOSPITAL FOUNDATION

Tax-exempt · MEMPHIS, TN 38105

Financials

$25.4M$13.7M2023$31.4M$12.4M2024
Revenue Expenses · by fiscal year end
Financials of LE BONHEUR CHILDRENS HOSPITAL FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$31,378,831$12,405,090$18,973,741$143,033,976$13,144,664$129,889,312
December 31, 2023990$25,371,884$13,720,441$11,651,443$113,631,719$326,060$113,305,659
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$26,991,609
Program service revenue
$0
Investment income
$4,685,380
Net income from fundraising events
-$298,158
Other revenue
-$298,158

Expenses

Grants and similar amounts paid
$7,719,911
Other salaries and wages
$2,721,295
Salaries, compensation and benefits (total)
$3,399,237
Professional fundraising fees
$0
Accounting fees
$7,803
Travel
-$1,882
Depreciation
$448
Program services (functional)
$10,332,232
Management and general (functional)
$1,219,568
Fundraising (functional)
$853,290

Balance sheet and other

Total assets, start of year
$113,631,719
Total assets, end of year
$143,033,976
Total liabilities, end of year
$13,144,664
Net assets, end of year
$129,889,312
Land, buildings and equipment
$1,592
Publicly traded securities
$34,965,393
Net assets without donor restrictions
$27,213,135
Net assets with donor restrictions
$102,676,177
Gross receipts
$32,297,928
Employees
46
Volunteers
225
Year formed
2003
State of legal domicile
TN

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
Monica WhartonSECRETARY
Trustee or director, Officer
2$0$1,094,838$217,846
James Trey EubanksInterim Pres/Surg Chief LCH
Trustee or director
2$0$763,187$157,818
Kevin ToddTreasurer
Trustee or director, Officer
2$0$391,667$95,855
Brandon EdgersonVP/COO
Trustee or director, Officer
2$0$321,425$63,244
Maureen O'ConnorPRESIDENT
Trustee or director, Officer
2$0$282,499$57,059
Jennilyn UtkovExecutive Director
Trustee or director, Officer
20$0$242,133$51,545
Kerry MooreDirector - Clinical Research
Highest-paid employee
40$117,443$0$42,318
Billie WoodDirector - Finance/ Research Lab Operations
Highest-paid employee
40$109,320$0$39,002
Michelle RogersDevelopment Foundation/Dir
Highest-paid employee
40$86,322$0$58,422
Lisa EllisDirector - Development Foundation
Highest-paid employee
40$113,769$0$21,672
Lindsey SaterDirector - Development Foundation
Highest-paid employee
40$114,823$0$16,364
September EasonBoard Director
Trustee or director
2$0$12,753$5,515
Jerald GainesBoard Director
Trustee or director
2$0$0$0
Michele EhrhartBoard Director
Trustee or director
2$0$0$0
Sirella JoynerBoard Director
Trustee or director
2$0$0$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Monica WhartonSECRETARY
Trustee or director, Officer
2$0$641,917$134,524
Kevin ToddTreasurer
Trustee or director, Officer
2$0$355,105$71,206
Brandon EdgersonVP/COO
Trustee or director, Officer
2$0$296,737$43,481
Maureen O'ConnorPRESIDENT
Trustee or director, Officer
2$0$272,256$28,485
Jennilyn UtkovExecutive Director
Trustee or director, Officer
20$0$232,585$21,257
Michelle RogersDevelopment Foundation/Dir
Highest-paid employee
40$0$114,242$15,923
Dr Jon MccullersBoard Director
Trustee or director
2$0$0$0
James Trey EubanksInterim Pres/Surg Chief LCH
Trustee or director
2$0$0$0
Jerald GainesBoard Director
Trustee or director
2$0$0$0
Michele EhrhartBoard Director
Trustee or director
2$0$0$0
September EasonIncoming Pres Le Bonheur Club
Trustee or director
2$0$0$0

Address and contacts

Address (IRS master file)
850 POPLAR AVENUE BLD 2, MEMPHIS, TN 38105-4607
In care of
% PAULA JACOBSON
Principal officer (990 for 2024)
MAUREEN O'CONNOR, 850 POPLAR AVENUE BLD 2, MEMPHIS, TN 38105
Signed the 990
RICK HETHERINGTON, VP/Senior Controller
Phone
(901) 287-6308
Return prepared by
Forvis Mazars LLP

Mission

IN PARTNERSHIP WITH DONORS AND VOLUNTEERS, LE BONHEUR CHILDREN'S HOSPITAL FOUNDATION PROMOTES PHILANTHROPIC INVESTMENT TO SUPPORT LE BONHEUR CHILDREN'S HOSPITAL'S MISSION OF PROVIDING HIGH QUALITYPATIENT CARE, RESEARCH AND ADVOCACY.

990 for the year ended December 31, 2024

Program accomplishments

  • THE LE BONHEUR CHILDREN'S HOSPITAL FOUNDATION IS COMMITTED TO IMPROVING THE HEALTH AND WELL-BEING OF CHILDREN IN OUR COMMUNITY BY RAISING FUNDS TO ASSIST LE BONHEUR CHILDREN'S HOSPITAL IN PREVENTING AND ELIMINATING PEDIATRIC ILLNESS AND INJURY. Methodist Le Bonheur Healthcare (MLH) has served the Memphis and Mid-South region for more than 100 years. MLH has received regional and national recognition for the care it provides. Le Bonheur Children's Hospital is the region's only comprehensive pediatric hospital. Important facts about Le Bonheur Children's Hospital: -Le Bonheur is one of six campuses of Methodist Le Bonheur Healthcare Memphis hospitals, a not-for-profit hospital corporation headquartered in Memphis, Tenn. -Le Bonheur is a regional pediatric academic medical center with 311 beds, 45 pediatric sub-specialties, 750 medical staff members and more than 3,400 employees. -Each year Le Bonheur treats more than 500,000 children with our inpatient, outpatient and community outreach services. Most patients come from our 6-state referral area and we typically serve children from all 50 states and many countries. -Le Bonheur serves as the educational training center for medical students, residents and fellows for the University of Tennessee Health Science Center. -The care Le Bonheur provides extends well into the region and beyond. Le Bonheur has sub-specialty outpatient clinics in Jackson, Tenn.; Jonesboro, Ark.; and Tupelo, Miss. -Le Bonheur is a magnet designated facility by the American Nurses Credentialing Center and designated as a Level 1 pediatric trauma center, the only such facility in the region, by the American College of Surgeons. -Named as one of the nation's "Best Children's Hospitals" by U.S. News & World Report for 15 consecutive years, Le Bonheur has a unique mission that goes beyond acute care for sick and injured children and includes pediatric research, clinical education, advocacy and preventive care. Together, we work to solve children's health issues and eliminate disparities in health care access. -Le Bonheur is home to the region's only level IV Neonatal Intensive Care Unit, the highest level of care, and treats children from across the Mid-South in the 74 bed unit. - Le Bonheur has a significant partnership with St. Jude Children's Research Hospital. Le Bonheur physicians across a wide range of specialties provide inpatient consultation at St. Jude to care for children undergoing cancer treatment. -Le Bonheur partners with the University of Memphis to extend our research and teaching capabilities as well as community programming. - Our physicians, nurses and other clinicians live in the communities that they serve and provide expert care inside the hospitals and preventative care services in their neighborhoods. Our organization is committed to improving the health and well-being of the communities we serve, providing uncompensated care, charitable contributions to other community organizations and community outreach. Le Bonheur Children's Hospital Foundation exists solely to support the important work and mission of Le Bonheur Children's Hospital. 1. The focus of our fundraising is the endowment for the future of Le Bonheur. We are currently in a campaign to raise $100 million for the hospital's endowment to ensure Le Bonheur is always there for future generations of children. The endowment campaign has five major focus areas: Care for All Children, Neuroscience, Research, Cardiology and Education. Having reached more than $70 million in the endowment, we have begun to use the interest to support various clinical needs. In 2024, we continued our competitive small grants program to fund projects that will improve and promote quality and safety for our patients and associates. In all, 10 Projects were funded to be executed in 2025. In addition, the endowment has been instrumental in funding capital and program needs to improve care and better serve our patients. 2. Pediatric research is critical in support of our core goals of contributing to the prevention, treatment and elimination of children's disease. Founded in 1995, the Children's Foundation Research Institute (CFRI) is a unique collaboration between the Children's Foundation of Memphis, the University of Tennessee Health Science Center (UTHSC), and Le Bonheur Children's Hospital. The central mission of the CFRI is to facilitate innovative research that improves the lives and health of children. The CFRI provides comprehensive basic and clinical research infrastructure support, laboratory space, safety assistance, grant submission, budgeting services, scientific editing and writing, and statistical assistance. This centralized and coordinated support accelerates discovery and innovation and forges collaboration among our physicians and scientists, allowing them to concentrate on what they do best - developing innovative research aimed at improving the health of children. 3. Le Bonheur Foundation also works with a committee of FedEx employees and others to raise funds to support FedExFamilyHouse, which houses out-of-town families whose children are being treated at Le Bonheur. Many families have an extended stay and the house serves as a comfortable respite at a most stressful time for families living 50 miles or more from our campus. Each year, the Le Bonheur Foundation and the committee raise an average of $2 million to operate FedExFamilyHouse. In 2024, FedExFamilyHouse served 29,416 people. 4. In addition to nationally renowned clinical expertise, Le Bonheur believes we have a responsibility to partner with our community to promote and protect children's health and well-being. Le Bonheur Children's Hospital is committed to providing evidence-based services for children and families and to working with community partners to improve health and best practices. More than 250 staff members work with children in their environments including schools, community centers, clinics, childcare facilities and homes. Our programs focus on risk reduction for children and adolescents, child development and effective parenting, injury prevention and promoting the health and well-being of children. Funding for these important community programs is provided through grants and Le Bonheur Foundation's fundraising efforts. Examples of this work include programs that offer free or discounted prescription drugs, in-home services, in-home equipment, transportation vouchers, childbirth classes and a variety of health fairs all aimed at keeping our communities healthy. The Le Bonheur Foundation is committed to supporting the Le Bonheur Children's Hospitals mission of taking care of all children who need us.
    Expenses $10,332,232 · grants $7,719,911
  • LCHF IS A SUBSCRIBING MEMBER OF CHILDREN'S MIRACLE NETWORK HOSPITALS. LOCAL FUNDS RAISED THROUGH SPONSORS OF THIS ORGANIZATION SUPPORT SOME OF THE HOSPITAL'S GREATEST NEEDS. THE EXPOSURE RECEIVED THROUGH PARTNERSHIPS WITH MORE THAN 400 RETAIL CMN REGIONAL LOCATIONS ALLOWS LE BONHEUR TO HAVE A GREATER PRESENCE THROUGHOUT THE REGION. THIS PRESENCE GIVES OPPORTUNITY FOR GREATER EXPOSURE OF PROGRAMS AVAILABLE AT LE BONHEUR.

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
62-1872938
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
2003
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E112)
Assets (IRS master file)
$143,033,976
Income (IRS master file)
$32,297,928

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$31,378,831$12,405,090$143,033,976XML
990December 2023$25,371,884$13,720,441$113,631,719XML
990December 2022$26,949,924$11,794,736$98,167,242IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––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 62-1872938).

Questions about LE BONHEUR CHILDRENS HOSPITAL FOUNDATION

What is the EIN of LE BONHEUR CHILDRENS HOSPITAL FOUNDATION?
The employer identification number (EIN) of LE BONHEUR CHILDRENS HOSPITAL FOUNDATION is 62-1872938.
Is LE BONHEUR CHILDRENS HOSPITAL FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
Are donations to LE BONHEUR CHILDRENS HOSPITAL FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does LE BONHEUR 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 LE BONHEUR 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 LE BONHEUR 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 LE BONHEUR CHILDRENS HOSPITAL FOUNDATION?
The 990 for the year ended December 31, 2024 names MAUREEN O'CONNOR.
Who are the officers and directors of LE BONHEUR CHILDRENS HOSPITAL FOUNDATION?
The 990 for the year ended December 31, 2024 lists 15 people; 5 received compensation from the organization.
How much revenue does LE BONHEUR CHILDRENS HOSPITAL FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $31,378,831, expenses of $12,405,090 and total assets of $143,033,976 at year end.

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