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Nonprofit · EIN 75-2062015

CHILDRENS MEDICAL CENTER FOUNDATION

Tax-exempt · DALLAS, TX 75235

Financials

$109.8M$48.2M2023$339M$122M2024
Revenue Expenses · by fiscal year end
Financials of CHILDRENS MEDICAL CENTER FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$339,044,710$121,966,761$217,077,949$2,518,320,648$52,977,935$2,465,342,713
December 31, 2023990$109,790,192$48,182,190$61,608,002$2,357,968,539$15,885,115$2,342,083,424
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$141,808,964
Program service revenue
$0
Investment income
$196,407,983
Royalties
$675,355
Net gain from sales of assets
$191,049,363
Net income from fundraising events
-$15,300
Other revenue
$827,763

Expenses

Grants and similar amounts paid
$99,276,914
Other salaries and wages
$12,346,875
Salaries, compensation and benefits (total)
$15,130,308
Professional fundraising fees
$399,590
Legal fees
$265
Occupancy
$217,474
Travel
$47,231
Depreciation
$238,762
Program services (functional)
$99,276,914
Management and general (functional)
$2,649,634
Fundraising (functional)
$20,040,213

Balance sheet and other

Total assets, start of year
$2,357,968,539
Total assets, end of year
$2,518,320,648
Total liabilities, end of year
$52,977,935
Net assets, end of year
$2,465,342,713
Land, buildings and equipment
$278,556
Publicly traded securities
$533,807,123
Net assets without donor restrictions
$2,003,131,000
Net assets with donor restrictions
$462,211,713
Gross unrelated business income
$11,095,654
Gross receipts
$339,073,958
Employees
0
Volunteers
2,020
Year formed
1985
State of legal domicile
TX

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
Christopher J DurovichVoting Ex Officio
Trustee or director
1$0$4,271,409$73,853
Brent E ChristopherPresident
Officer
55$0$2,385,968$290,094
Amy YeagerChief Legal Officer and Secretary
Officer
1$0$1,737,590$258,190
Robert S FriesCFO & Treasurer
Officer
1$0$1,667,936$311,883
Amy KorenvaesDirector
Trustee or director
1$0$0$0
Cole EvansDirector
Trustee or director
1$0$0$0
Connie O'NeillDirector
Trustee or director
1$0$0$0
Dora ZapataDirector
Trustee or director
1$0$0$0
John EagleDirector
Trustee or director
1$0$0$0
Katy MillerDirector
Trustee or director
1$0$0$0
Kristin MitchellDirector
Trustee or director
1$0$0$0
Lisa GuerreroDirector
Trustee or director
1$0$0$0
Mandy AustinDirector (Effective 1/1/24)
Trustee or director
1$0$0$0
Mike PickensDirector
Trustee or director
1$0$0$0
Rebecca Egelston CasoChairman, Director
Trustee or director
1$0$0$0
1 more people on this return
NameTitleHours / weekCompensation
Steven M GruberDirector
Trustee or director
1$0
990 for the year ended December 31, 2023: 15 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Christopher J DurovichVoting Ex Officio
Trustee or director
1$0$4,092,029$72,765
Robert S FriesCFO & Treasurer
Officer
1$0$1,247,053$280,158
Brent E ChristopherPresident
Officer
55$0$1,257,485$251,182
Amy YeagerCLO & Secretary
Officer
1$0$1,192,308$243,971
Amy KorenvaesDirector
Trustee or director
1$0$0$0
Cole EvansDirector
Trustee or director
1$0$0$0
Connie O'NeillDirector
Trustee or director
1$0$0$0
Dora ZapataDirector (Effective 1/1/2023)
Trustee or director
1$0$0$0
John EagleDirector
Trustee or director
1$0$0$0
Katy MillerDirector
Trustee or director
1$0$0$0
Kristin MitchellDirector
Trustee or director
1$0$0$0
Lisa GuerreroDirector (Effective 1/1/2023)
Trustee or director
1$0$0$0
Mike PickensDirector
Trustee or director
1$0$0$0
Rebecca Egelston CasoChairman, Director
Trustee or director
1$0$0$0
Steven M GruberDirector
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
1935 MEDICAL DISTRICT DR, DALLAS, TX 75235-7701
Principal officer (990 for 2024)
BRENT CHRISTOPHER, 1935 MEDICAL DISTRICT DRIVE, DALLAS, TX 75235
Signed the 990
BRENT CHRISTOPHER, PRESIDENT
Phone
(214) 456-7000
Return prepared by
Forvis Mazars LLP

Mission

CHILDREN'S MEDICAL CENTER FOUNDATION PURSUES AND SECURES PHILANTHROPIC CONTRIBUTIONS TO ENABLE CHILDREN'S HEALTH SYSTEM OF TEXAS AND ITS RELATED ENTITIES TO FULFILL THE MISSION OF MAKING LIFE BETTER FOR CHILDREN, IN FURTHERANCE OF THEIR CHARITABLE PURPOSES.

990 for the year ended December 31, 2024

Program accomplishments

  • CHILDREN'S MEDICAL CENTER FOUNDATION SHALL BE OPERATED EXCLUSIVELY FOR THE PROMOTION OF HEALTH AND THE ADVANCEMENT OF EDUCATION UNDER IRC SECTION 501(C)(3). THE FOUNDATION PURSUES AND SECURES PHILANTHROPIC CONTRIBUTIONS TO ENABLE CHILDREN'S HEALTH SYSTEM OF TEXAS, A 501(C)(3) ORGANIZATION, AND ITS RELATED ENTITIES TO FULFILL THE MISSION OF MAKING LIFE BETTER FOR CHILDREN, IN FURTHERANCE OF THEIR CHARITABLE PURPOSES. TO ACCOMPLISH THIS PURPOSE THE FOUNDATION, LIKE CHILDREN'S HEALTH, IS COMMITTED TO SUPPORTING THE INSTITUTION'S GUIDING PRINCIPLES: QUALITY CARE, RESEARCH AND INNOVATION, EDUCATION AND ADVOCACY, EXCELLENCE AND ACCOUNTABILITY. THE FOUNDATION, IN ADDITION TO SOLICITING CONTRIBUTIONS, THEN HOLDS, ADMINISTERS, INVESTS CASH AND OTHER PROPERTY THAT WAS CONTRIBUTED AND MAKES TRANSFERS TO CHILDREN'S HEALTH SYSTEM OF TEXAS AND ITS AFFILIATED 501(C)(3) ENTITIES FOR USE IN PURSUING THEIR TAX EXEMPT MISSION.
    Expenses $99,276,914 · grants $99,276,914

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
75-2062015
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
1986
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E11)
Assets (IRS master file)
$2,518,320,648
Income (IRS master file)
$339,073,958

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$339,044,710$121,966,761$2,518,320,648IRS
990-TDecember 2024–––IRS
990December 2023$109,790,192$48,182,190$2,357,968,539XML
990-TDecember 2023–––IRS
990December 2022$113,845,493$58,240,973$2,130,166,299IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 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 75-2062015).

Questions about CHILDRENS MEDICAL CENTER FOUNDATION

What is the EIN of CHILDRENS MEDICAL CENTER FOUNDATION?
The employer identification number (EIN) of CHILDRENS MEDICAL CENTER FOUNDATION is 75-2062015.
Is CHILDRENS MEDICAL CENTER FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1986.
Are donations to CHILDRENS MEDICAL CENTER FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CHILDRENS MEDICAL CENTER 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 MEDICAL CENTER 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 MEDICAL CENTER 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 MEDICAL CENTER FOUNDATION?
The 990 for the year ended December 31, 2024 names BRENT CHRISTOPHER.
Who are the officers and directors of CHILDRENS MEDICAL CENTER FOUNDATION?
The 990 for the year ended December 31, 2024 lists 16 people; 0 received compensation from the organization.
How much revenue does CHILDRENS MEDICAL CENTER FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $339,044,710, expenses of $121,966,761 and total assets of $2,518,320,648 at year end.

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