UPMC Children's Hospital Foundation
Legal name: Children's Hospital of Pittsburgh Foundation
Nonprofit profile at a glance
- EIN
- 251865744
- IRS 990 coverage
- 2009–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Pittsburgh, PA, USA
- Phone
- 4126923900
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $60,822,117
- Expenses
- $63,755,992
- Assets
- $428,218,462
- Liabilities
- $4,146,080
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
54 people listed
Executive titles in this filing
- RACHEL A PETRUCELLI (PRESIDENT)
Highest reported compensation
- RACHEL A PETRUCELLI (PRESIDENT): $463,430 total reported compensation
- GREGORY M KEEGAN (CFO/TREAS., NON-VOTING): $241,191 total reported compensation
- KAREN DEPPERMAN (VP, DEVELOPMENT): $216,697 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Many of the life-changing programs that make UPMC Children’s so special are not possible without charitable gifts. Philanthropy touches every medical service we offer, every stop along a patient’s journey, and every groundbreaking idea yet to be discovered. From clinical excellence and patient experience, to kickstarting and advancing research, to eliminating disparities in children’s health within all communities, our donors play a critical role in helping kids in this region, and those traveling here from across the globe, have the healthiest tomorrow they can imagine.
What it reported doing in 2024
Annual funding for chp: children's hospital of pittsburgh foundation (foundation) is the sole fundraising arm of upmc children's hospital of pittsburgh. 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. In fy 2019, the foundation sent more than $21 million in contributions to the hospital in support of research, clinical programs, medical education and funds for free 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, upmc 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 annually. In fy 2025, upmc children's had 13,353 inpatient stays, 9,057 observation stays, 77,301 emergency department visits, 25,277 surgeries and more than 1 million outpatient visits.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.with focused effort and intentional action plans, children's decreased hospital acquired infections and improved quality of care while ranking nationally in all 11 rated specialties with diabetes and endocrinology ranking no. 2 in the nation from u.s. News and world report's best children's hospitals. Also, children's once again was recently named one of the leapfrog group's prestigious 'top children's hospitals', one of only 15 pediatric hospitals in the nation named to this elite class. 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 hea
Operating model
- Revenue model
- Donor-supported. 80% of the money available for current operations came from contributions and gifts.
- 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. The filing reports few safeguards for money sent abroad and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 87
- Transparency & Controls: 73
- Accountability: 99
- Sustainability: 48
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 84.5%; rating input score 85
- Fundraising efficiency: $5.66 raised per $1 spent on fundraising; rating input score 25; 25th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- 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: Scored; rating input score 0
- Grant itemization coverage: 100%; rating input score 100; 49th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 97.9%; rating input score 98; 54th 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: -4.8%; rating input score 13; 13th percentile among comparable filings
- Total-asset coverage ratio: 6.72; rating input score 88; 88th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 95; 95th percentile among comparable filings
- Officer compensation ratio: 2.6%; rating input score 44; 44th percentile among comparable filings
Growth
- Program expense growth: 10.3% per year; rating input score 100; 75th percentile among comparable filings
- Revenue growth: 7.4% per year; rating input score 100; 63rd percentile among comparable filings
- Asset growth: 4.2% per year; rating input score 100; 29th percentile among comparable filings
Details
- What they do: 1 operating location identified
- Where the money goes: 100% of revenue deployed · 84.5% of spending went to programs
- Governance: 46 of 47 board members independent · 9 of 9 filing controls reported
- Programs: 2 filed program accomplishments · $53.9M in reported program spending
- Leadership: top reported pay $463K · 54 people listed · 4 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $1.6M reported
- Consistency: 38 of 38 current checks pass
- Schedules: 9 filed schedules · includes major donors, foreign activity, grants, and executive pay
- Filing history: 15 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 9 filed money-flow records
- Related organizations: 1 filed related-organization link
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Foreign activity oversight scored 0/100.
- High — Financial Efficiency: Fundraising efficiency scored 25/100.
- High — Sustainability: Operating margin scored 13/100.
- Moderate — Sustainability: Officer compensation ratio scored 44/100.