THE CHILDREN'S HOSPITAL OF PHILADELPHIA FOUNDATION

EIN: 232237932 501(c)(3) Health Care

PHILADELPHIA, PA

Total Revenue
$377,550,068
Total Expenses
$210,723,797
Total Assets
$4,392,384,353
Net Assets
$2,575,645,771
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
PA
Principal Officer
MADELINE BELL
Phone
2155901000
Tax Period
2022-07-01 to 2023-06-30

THE CHILDREN'S HOSPITAL OF PHILADELPHIA FOUNDATION, founded in 1983, is a major nonprofit in the Health Care sector that reported $377.6M in total revenue in fiscal year 2022. Revenue surged 31% from the prior year, signaling strong growth momentum. The organization ran a surplus of $166.8M, a strong 44% operating margin.

Mission

THE CHILDREN'S HOSPITAL OF PHILADELPHIA PROVIDED THE HEALTH OR SOCIAL CLUB DUES OF MADELINE BELL TO A CLUB THAT DOES NOT HAVE CORPORATE MEMBERSHIPS, TO ENABLE THE HOSPITAL TO USE THE CLUB'S FACILITIES FOR HOSPITAL MEETINGS AND EVENTS. THE HEALTH OR SOCIAL CLUB DUES ARE TREATED AS NON-TAXABLE COMPENSATION TO THE INDIVIDUAL. THE INDIVIDUAL IS PERSONALLY RESPONSIBLE FOR, AND BEARS THE COST OF, ANY EXPENSES THAT MAY ARISE FROM HER PRIVATE USE OF THE CLUB.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $166,348,108
Program Service Revenue $0
Investment Income $211,201,960
Other Revenue $0
TOTAL REVENUE $377,550,068

Expense Breakdown

Grants Paid $160,123,421
Salaries & Benefits $27,847,674
Fundraising Expenses $18,440,250
Program Expenses $160,123,421
Other Expenses $17,303,330
TOTAL EXPENSES $210,723,797

Year-over-Year Comparison

2022 2021 Change
Revenue $377,550,068 $289,158,458 +0.3%
Expenses $210,723,797 $188,224,917 +0.1%
Net Income $166,826,271 $100,933,541 +0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
17
Independent Members
14
Employees
N/A
Volunteers
1224

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
7
$6,814,733
Total Directors
17
$7,745,198
Key Employees
1
$1,085,945
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MADELINE BELL PRESIDENT & CEO, TRUSTEE 1.0
Officer Director
$0 $58,004 $3,740,056
N SCOTT ADZICK MD TRUSTEE 1.0
Director
$0 $42,274 $2,334,226
JOSEPH W ST GEME III MD TRUSTEE 1.0
Director
$0 $37,707 $1,670,916
SOPHIA G HOLDER ASSISTANT TREASURER 1.0
Officer
$0 $46,778 $1,611,506
JEFFREY D KAHN ASSISTANT SECRETARY 1.0
Officer
$0 $63,102 $1,463,171
JENNY CHAN SVP & CHIEF INVESTMENT OFFICER 1.0
Key Emp
$0 $37,499 $1,085,945
ASHLEY MCEVOY TRUSTEE 1.0
Director
$0 $0 $0
CHRISTOPHER GHEYSENS CHAIR & TRUSTEE 1.0
Officer Director
$0 $0 $0
DAMIEN DWIN TRUSTEE 1.0
Director
$0 $0 $0
DIEM H NGUYEN PHD TRUSTEE 1.0
Director
$0 $0 $0
GEORGE E AITKEN-DAVIES TRUSTEE 1.0
Director
$0 $0 $0
GREGORY DAVIS VICE CHAIR & TRUSTEE 1.0
Officer Director
$0 $0 $0
LISSA BIESECKER LONGACRE SECRETARY & TRUSTEE 1.0
Officer Director
$0 $0 $0
SETH LEHR TREASURER & TRUSTEE 1.0
Officer Director
$0 $0 $0
SHARAD MANSUKANI MD TRUSTEE 1.0
Director
$0 $0 $0
STEVEN GIPSTEIN MD TRUSTEE 1.0
Director
$0 $0 $0
AMANDA WESTPHAL RADCLIFFE TRUSTEE 1.0
Director
$0 $0 $0
BRIAN M MCNEILL TRUSTEE 1.0
Director
$0 $0 $0
DAVID NICHOLS MD TRUSTEE 1.0
Director
$0 $0 $0
JAY A PERMAN MD TRUSTEE 1.0
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 No data No data No data No data
2023 $377,550,068 $210,723,797 $4,392,384,353 $166,826,271
2022 $289,158,458 $188,224,917 $4,048,945,159 $100,933,541
2021 $328,703,777 $167,817,706 $3,896,316,455 $160,886,071
2020 $189,062,346 $206,015,422 $2,822,401,334 $-16,953,076
2019 $197,646,953 $203,391,766 $2,568,775,414 $-5,744,813
2018 $217,158,745 $178,154,373 $2,283,010,253 $39,004,372
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