The Children's Hospital of Buffalo Foundation

What it reported doing in 2024

See schedule othe organization is a non-for profit charitable foundation supporting the health services and a specialized pediatric hospital site that is a division of kaleida health, by providing funding for patient care, education and research.with support from its' board of directors and many other volunteers, the organization raises gifts in the form of cash, stocks, estate gifts, corporate gifts and grants from private foundations.the primary programs and activities of the organization include:1. Festival of trees - the 47th annual black-tie gala, the main event, in support of the john r. Oishei children's hospital, which symbolizes the bond between the hospital and the community that it serves was back and better than ever. The usual events: designer showcase, the festival gala, and family day all held. Over 900 guests attended the festival gala where trees were available via silent auction. There was also a live auction, wreath sales, and a cash appeal held. Fot also has a designer showcase where designers are given complimentary tickets and awards are given for various themes. Our family day was held giving families time to view the trees. Both events were ticketed and a basket raffle was held at the designer showcase. No child is ever turned away from the oishei children's hospital where every family is entitled to the very best care no matter their ability to pay. We were grateful to have raised over $2.3 million dollars.2. Eric wood's flights & bites event - in 2017 buffalo bills player, eric wood, brought "the eric wood fund" to the children's hospital of buffalo foundation. The fund name has now been changed in honor of eric's brother, evan wood. The evan wood fund introduces you to a hospital-based program providing a network of support to chronically ill children and their families-stone's buddies at oishei children's hospital. In 2024, the event was held on november 4th at resurgence brewing company. Guests enjoyed a unique experience while indulging in craft brews, buffalo-inspired bites, exciting live & silent auctions and live music. Sponsorships and tickets were sold. The event was enjoyed by many guests grossing $223,407 and netted $33,666.3. 117 holes for children - on may 27th, members from the children's hospital of buffalo foundation board of directors and hospital supporters played 117 holes for oishei children's hospital at crag burn golf club! Playing from dawn to dusk, this group of individuals competed not only for the most steps but to raise the most money to support the moms, kids and babies of wny. The golfers had online donation pages set up and collected donations for a wonderful and needed cause. With more sponsorships sold, the addition of two relay teams raising funds and crag burn donated their facilities, golf fees and carts to support our event. The event netted $40,864.4. Bubbles in blue - on june 7th, community committee members hosted bubbles in blue, an upscale cocktail style event under the stars at the delavan hotel. While guests enjoyed gourmet food & beverage and a beautiful environment they also supported the areas of most need at oishei children's hospital through live auction and cash appeal. The event netted $43,640.

Financial Efficiency

• Mission deployment rate: 48.1%; rating input score 48
• Program expense ratio: 91.7%; rating input score 92
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
• Pay-setting controls: 5 of 6 controls in place; rating input score 83
  • Compensation committee: Pass
  • Independent consultant: Pass
  • 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; 72nd 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: 57.7%; rating input score 95; 95th percentile among comparable filings
• Total-asset coverage ratio: 6.69; rating input score 88; 88th percentile among comparable filings
• Liabilities to assets ratio: 0.13; rating input score 68; 68th percentile among comparable filings
• Officer compensation ratio: 6.6%; rating input score 38; 38th percentile among comparable filings

Growth

• Program expense growth: 1% per year; rating input score 100; 14th percentile among comparable filings
• Revenue growth: 3.9% per year; rating input score 100; 34th percentile among comparable filings
• Asset growth: -0.2% per year; rating input score 0; 10th percentile among comparable filings