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Children's Hospital of Pittsburgh Foundation

aka UPMC Children's Hospital Foundation   |   Pittsburgh, PA   |  www.givetochildrens.org
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Children's Hospital of Pittsburgh Foundation

EIN: 25-1865744


Mission

Children’s Hospital of Pittsburgh Foundation is the sole fundraising arm of UPMC Children’s Hospital of Pittsburgh. The foundation exists to provide financial support for the hospital’s mission of improving the health and well-being of children, teenagers, and young adults through excellence in patient care, teaching, research, and advocacy.

Ruling year info

2001

President and Chief Development Officer

Rachel Petrucelli

Main address

4401 Penn Avenue

Pittsburgh, PA 15224 USA

Show more contact info

EIN

25-1865744

Subject area info

Hospital care

Children's hospital care

Pediatrics

Population served info

Children and youth

NTEE code info

Hospitals and Primary Medical Care Facilities (E20)

Pediatrics Research (H98)

Raising & Fund Distribution (Pun)

Programs and results

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Annual Funding for CHP

Children's Hospital of Pittsburgh Foundation (Foundation) is the sole fundraising arm of Children's Hospital of Pittsburgh of UPMC (Children's). Through targeted campaigns, special events, and grants, the Foundation raises money to support the hospital's mission of excellence in patient care, teaching, and research. Children's has been a charitable institution since its inception and remains a non-profit entity. To ensure the continuation of its charitable mission, in July 2000, the Foundation was established as a subsidiary of Children's. It then became an independent organization when the hospital merged with UPMC in October 2001. Through the Foundation, generous donations large and small from individuals, corporations, foundations, and community partners have a direct and immediate impact on Children's Hospital's ability to transform young lives through unparalleled care and deep compassion. Rooted in philanthropy, Children's is sustained by generous community support, setting the standards of excellence in pediatric care.

For more than 125 years, Children's has been a fixture in Pittsburgh and the surrounding tri-state region. What began in 1890 as a single cot endowed by the entrepreneurial son of a local pediatrician, has grown into a world-renowned children's hospital dedicated to improving the health and well-being of all children.

Today, Children's cares for infants, children, and adolescents who make more than 1 million visits to our hospital, its many neighborhood locations, and Children's Community Care pediatric practices each year.

With a medical staff of over 700, Children's provides care along the full spectrum of pediatric subspecialties from allergies to weight management and wellness. Children's today is a leader on a national scale in a multitude of pediatric sub-specialties, including cardiology, cardiothoracic surgery, diabetes and endocrinology, hematology/oncology, neurology, neurosurgery, organ and tissue transplantation, otolaryngology (ENT), pulmonology, and surgery. Our network of neighborhood locations, ambulatory care centers, primary and specialty care practices, and express care centers covers a multi-county region.

Children's is consistently named to the list of “America’s Best Children’s Hospital.” For 2019-2020, UPMC Children’s was nationally ranked in all 10 specialties. Children's also leads the way in advanced technology, with several accomplishments based on our adoption of a fully integrated electronic medical record. In 2009, Children's was recognized as the first pediatric hospital in this country to achieve Stage 7 recognition from HIMSS (Healthcare Information and Management Systems Society) Analytics for achieving a virtually paperless patient record environment and the most comprehensive use of electronic medical records. All inpatient and outpatient staff utilize Children's eRecord for order entry, clinical decision support, medication bar-coding, clinician documentation and radiological images. Stage 7 is measured by conformance of the electronic health record to the Continuity of Care Document, the newly adopted international standard for exchange of clinical information.

In addition, Children's has been recognized by KLAS, an independent health care research organization, as the leader in its use of health care information technology among pediatric hospitals in the United States.

In July 2012, Children's earned Magnet Recognition status from the American Nurses Credentialing Center (ANCC). In 2017, Children’s was re-designated as a Magnet facility. Magnet is the highest honor an organization can receive for excellence in nursing making Children's among only 6 percent of hospitals nationwide to have achieved this prestigious designation. ANCC's Magnet Recognition Program recognizes health care organizations for quality patient care, nursing excellence, and innovations in professional nursing practice.

Children's has the region's only state-accredited level I pediatric trauma center. Although FY 2020 visits were below prior year (COVID outbreak, March 2020), it remained one of the busiest emergency departments in the City, treating more than 68,000 children. Subspecialists in all pediatric medical and surgical disciplines provide the highest level of care to every patient and family.

Children's has one of the fastest growing, National Institutes of Health-funded (NIH) pediatric research programs in the country. Active research programs range from stem cell biology and regenerative medicine to novel strategies for treating pediatric cancer. The John G. Rangos Sr. Research Center, opened in 2008, houses a 10-story, 300,000-square-foot research facility.

In collaboration with the University of Pittsburgh's Peter M. Winter Institute for Simulation, Education and Research (WISER), Children’s state-of-the-art Pediatric Simulation Center incorporates life-like simulators and multi-task trainers that allow health care professionals to recognize and manage a wide assortment of pediatric-related medical situations. It also is used to impart vital skills such as intubation, lumbar puncture, IV insertion, IV blood draw, arterial blood draw, and bladder catheterization.

Children's Hospital serves more than 29 counties in western Pennsylvania and several counties throughout Ohio and West Virginia. In addition to the Hospital, Children's offers the following:
-Many pediatric specialists now offer video visits as a convenient option for families
-Ambulatory Care Centers- Children's East (Monroeville), Children's North (Sewickley), Children's Pine Center (Wexford), and Children's South (Bridgeville), offers convenient access to highly skilled specialists from several division’s pediatric specialty care, routine procedures and diagnostics. Pediatric specialists from these areas will travel to the center to provide outpatient services, including diagnostic evaluations and follow-up care.
-Primary Care Centers in Children's Oakland Medical Building and Turtle Creek, which provide comprehensive health services, including sick visits and well-child visits, to infants, children, and adolescents throughout the Pittsburgh region.
-Specialty Care Centers UPMC Children's Hospital of Pittsburgh has now made it easier than ever for residents in the Hermitage, Erie, Johnstown, Washington areas to have access to specialty care services for pediatric patients and their families. Children's Specialty Care Centers offers convenient access to highly skilled specialists from several divisions. Pediatric specialists from these areas will travel to the center to provide outpatient services, including diagnostic evaluations and follow-up care.
-The newest location, The Washington Hospital, to open September 2020, will provide Gastroenterology, Neurology, and Endocrinology appointments with more specialists being added later this year.
T-Remote consultation for pediatric patients in critical care units located around the world is offered by Children's world-class intensivists, when complex critical care expertise is needed.
-One critical care specialty has developed an international program in Italy.
-Express Care Centers in Bridgeville, Lawrenceville, Monroeville, Washington, Erie, West Mifflin and Wexford, which offer families access to convenient and immediate care for infants, children, and teens after hours and on weekends for treatment of minor injuries and illnesses.
-Children's Community Care Pediatric (CCP) is the largest pediatric and adolescent primary care medical network in western Pennsylvania, with 45 pediatric practice locations, 2 pediatric dermatology locations and 7 express care locations in 13 counties. CCP expanded to eastern Pennsylvania in January 2020 with the addition of 3 pediatric practice locations in 3 counties. CCP has more than 280,000 active patients and has over 800,000 visits annually. CCP provides:
-Easy access to primary care at convenient neighborhood locations.
-More than 177 board-certified physicians, plus dedicated physicians' assistants and nurse
practitioners.
-A well-child care philosophy for prevention of disease and injury.
-Expert treatment for both acute and chronic pediatric conditions.
-Specialty services including behavioral health, weight management, and lactation consultants.
-Access to world-class specialists through its affiliation with Children's Hospital.

Children’s Hospital is a leader in Liver Transplantation and Cardiothoracic Services. To increase access to care of patients throughout the state of Florida and Virginia, Children’s Hospital has created partnerships with St. Joseph’s Children’s Hospital, The University of Virginia’s Children’s Hospital (UVA), Florida Hospital for Children’s and Wolfson Children’s Hospital.
Children’s Hospital provides pediatric cardiothoracic services to St. Joseph’s Hospital and Wolfson Children’s Hospital. This includes both surgical and non-invasive cardiology services, along with CICU and PICU telemedicine and onsite services. Children’s experts now provide support to patients, families and caregivers in St. Joseph’s throughout the cardiothoracic and intensive care services.

To increase access to care for transplant patients throughout the state of Virginia and Florida, Children’s Hospital has partnered with UVA and Florida Hospital for Children’s. Children’s provides management of patients at UVA and Florida Children’s. Transplant surgeons, medical specialists, and nurses from UVA, Florida Children’s and Children’s will perform liver transplants together. This partnership will expand UVA’s and Florida Children’s Transplant Center pediatric liver programs.

Population(s) Served
Children and youth

Parents face plenty of worries, but whether or not they can afford their child's health care should never be one of them. Children's provides care to sick children in our region, regardless of their families' insurance or ability to pay through the generous donations made to the Free Care Fund.

Population(s) Served
Children and youth

Where we work

Awards

Honor Roll of 12 Best Children's Hospitals 2012

US News & World Report

1st pediatric hospital in US to achieve Stage 7 Recognition 2009

Healthcare Information and Management Systems Society

#1 pediatric hospital in its use of healthcare information technology and electronic medical records 2009

KLAS

CIO 100 Award 2010

CIO

#8 in NIH Funding 2010

National Institutes of Health

Quality Care Award 2011

Cystic Fibrosis Foundation

#10 of 25 Most Beautiful Hospitals in the World 2011

HealthExecNews.com

One of top 25 hospital websites in the US 2012

Journal of Healthcare Management

Financials

Children's Hospital of Pittsburgh Foundation
Fiscal year: Jul 01 - Jun 30

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990

85.33

Average of 78.39 over 10 years

Months of cash in 2022 info

SOURCE: IRS Form 990

1.8

Average of 5.9 over 10 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

19%

Average of 23% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

Source: IRS Form 990 info

Children's Hospital of Pittsburgh Foundation

Revenue & expenses

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990

Fiscal year ending: cloud_download Download Data

Children's Hospital of Pittsburgh Foundation

Balance sheet

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

Children's Hospital of Pittsburgh Foundation

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990

This snapshot of Children's Hospital of Pittsburgh Foundation’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

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Business model indicators

Profitability info 2018 2019 2020 2021 2022
Unrestricted surplus (deficit) before depreciation $8,705,664 $2,305,128 -$10,992,723 $48,304,961 -$33,648,089
As % of expenses 30.3% 7.7% -31.4% 128.5% -79.1%
Unrestricted surplus (deficit) after depreciation $8,705,664 $2,305,128 -$10,992,723 $48,304,961 -$33,648,089
As % of expenses 30.3% 7.7% -31.4% 128.5% -79.1%
Revenue composition info
Total revenue (unrestricted & restricted) $40,713,455 $37,852,457 $57,530,912 $48,355,470 $65,119,589
Total revenue, % change over prior year 57.6% -7.0% 52.0% -15.9% 34.7%
Program services revenue 0.0% 0.0% 0.0% 0.0% 0.0%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 16.4% 11.4% 9.0% 9.7% 9.7%
Government grants 0.0% 0.0% 0.0% 0.0% 0.0%
All other grants and contributions 57.2% 74.2% 41.2% 53.6% 68.4%
Other revenue 26.4% 14.5% 49.8% 36.7% 21.9%
Expense composition info
Total expenses before depreciation $28,720,863 $29,765,602 $35,039,929 $37,605,776 $42,538,367
Total expenses, % change over prior year 0.9% 3.6% 17.7% 7.3% 13.1%
Personnel 17.9% 18.1% 13.8% 12.3% 11.4%
Professional fees 2.9% 3.4% 4.5% 3.2% 4.4%
Occupancy 0.5% 0.5% 0.0% 0.0% 0.0%
Interest 0.0% 0.0% 0.0% 0.0% 0.0%
Pass-through 74.8% 72.1% 78.5% 82.0% 78.8%
All other expenses 3.9% 5.8% 3.3% 2.5% 5.4%
Full cost components (estimated) info 2018 2019 2020 2021 2022
Total expenses (after depreciation) $28,720,863 $29,765,602 $35,039,929 $37,605,776 $42,538,367
One month of savings $2,393,405 $2,480,467 $2,919,994 $3,133,815 $3,544,864
Debt principal payment $0 $0 $0 $0 $0
Fixed asset additions $0 $0 $0 $0 $0
Total full costs (estimated) $31,114,268 $32,246,069 $37,959,923 $40,739,591 $46,083,231

Capital structure indicators

Liquidity info 2018 2019 2020 2021 2022
Months of cash 8.5 0.8 0.3 0.4 1.8
Months of cash and investments 115.7 115.2 94.9 116.5 88.3
Months of estimated liquid unrestricted net assets 57.2 56.2 43.9 56.4 40.3
Balance sheet composition info 2018 2019 2020 2021 2022
Cash $20,246,545 $2,027,703 $843,990 $1,186,571 $6,451,806
Investments $256,580,360 $283,741,891 $276,224,883 $363,951,773 $306,594,342
Receivables $9,536,574 $14,911,069 $11,504,817 $8,381,323 $19,165,509
Gross land, buildings, equipment (LBE) $992,960 $992,960 $0 $0 $0
Accumulated depreciation (as a % of LBE) 100.0% 100.0% 0.0% 0.0% 0.0%
Liabilities (as a % of assets) 0.9% 0.9% 1.5% 0.8% 1.0%
Unrestricted net assets $136,984,456 $139,289,584 $128,296,861 $176,601,822 $142,953,733
Temporarily restricted net assets $94,459,178 $103,122,492 N/A N/A N/A
Permanently restricted net assets $63,846,553 $67,296,915 N/A N/A N/A
Total restricted net assets $158,305,731 $170,419,407 $167,147,868 $207,733,975 $197,188,123
Total net assets $295,290,187 $309,708,991 $295,444,729 $384,335,797 $340,141,856

Key data checks

Key data checks info 2018 2019 2020 2021 2022
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Form 1023/1024 is not available for this organization

President and Chief Development Officer

Rachel Petrucelli

Number of employees

Source: IRS Form 990

Children's Hospital of Pittsburgh Foundation

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
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Compensation data
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Children's Hospital of Pittsburgh Foundation

Highest paid employees

SOURCE: IRS Form 990

Compensation
Other
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Children's Hospital of Pittsburgh Foundation

Board of directors
as of 02/22/2022
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Mark Snyder

Corporate Secretary, Snyder Associated Companies

Term: 2020 -

Jay Cleveland

President & CEO, Cleveland Brothers Equipment Co., Inc.

Martha Munsch

Partner, Reed Smith, LLP

Dorothy Pollon

Mark Snyder

Chairman & CEO, Sylvan, Inc.

Steven Shangold

Rebecca Snyder

Contractors

Fiscal year ending

Professional fundraisers

Fiscal year ending

SOURCE: IRS Form 990 Schedule G

Solicitation activities
Gross receipts from fundraising
Retained by organization
Paid to fundraiser