Children's Hospital Foundation
Legal name: Children's Hospital and Healthcare Services Foundation
Nonprofit profile at a glance
- EIN
- 510220692
- IRS 990 coverage
- 2010–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Richmond, VA, USA
- Phone
- (804) 828-CHOR (2467)
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Single Organization Support
Reported finances
- Revenue
- $32,539,085
- Expenses
- $24,758,009
- Assets
- $325,619,770
- Liabilities
- $629,467
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- Lauren Z Moore (President and CEO)
- Rachel Bruni (Executive Director For Corporate Partnerships)
Highest reported compensation
- Lauren Z Moore (President and CEO): $385,443 total reported compensation
- Blake MacIver (VP For Advancement & Operations): $219,741 total reported compensation
- Carrie Bickford (VP For Development): $211,803 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Children's Hospital and Healthcare Services Foundation provides financial support to, and engages in fundraising activities to support the health and general welfare of children. The foundation's primary focus with regard to financial support is the Children's Hospital and Pediatric Services at Virginia Commonwealth University Health System Authority, collectively known as Children's Hospital of Richmond.
What it reported doing in 2024
Provide grants to tax-exempt organizations in our community to help fund initiatives that improve the health care and quality of life of residents (in particular, children) in our community.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 68
- Transparency & Controls: 88
- Accountability: 100
- Sustainability: 83
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 77.9%; rating input score 78
- Program expense ratio: 70.1%; rating input score 70
- Fundraising efficiency: $2.65 raised per $1 spent on fundraising; rating input score 10; 10th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 41st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 23.9%; rating input score 85; 85th percentile among comparable filings
- Total-asset coverage ratio: 13.15; rating input score 93; 93rd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 96; 96th percentile among comparable filings
- Officer compensation ratio: 7%; rating input score 36; 36th percentile among comparable filings
Growth
- Program expense growth: 10% per year; rating input score 100; 70th percentile among comparable filings
- Revenue growth: 10.2% per year; rating input score 100; 74th percentile among comparable filings
- Asset growth: 5.7% per year; rating input score 100; 40th percentile among comparable filings
Details
- What they do: 1 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 77.9% of revenue deployed · 70.1% of spending went to programs
- Governance: 5 of 5 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $17.4M in reported program spending
- Leadership: top reported pay $385K · 14 people listed · 3 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $1.4M reported
- Consistency: 39 of 39 current checks pass
- Schedules: 8 filed schedules · includes major donors, grants, and executive pay
- Filing history: 13 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 12 filed money-flow records
- Related organizations: 3 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Fundraising efficiency scored 10/100.
- Moderate — Sustainability: Officer compensation ratio scored 36/100.