2021-05-18T12:29:26-05:00 2020-06-30 KPMG LLP 3975 FREEDOM CIRCLE DR STE 100 Santa Clara CA 95054 990 2019-07-01 953545901 RADY CHILDREN'S HOSPITAL AND HEALTH CENTER % NISHANTHA RATNAYAKE RADY 8585761700 3020 CHILDRENS WAY MC 5001 SAN DIEGO CA 921234282 JAMES ULI CFO/TREASURER 8585761700 2021-05-14 true SHALINI SAIDHA P01959812 4083675764 2021-05-14 2019 2022-09-23 18:48:47Z PATRICIO A FRIAS MD 3020 CHILDRENS WAY MC 5001 SAN DIEGO CA 921234282 30199192 false X WWW.RCHSD.ORG X 1980 CA the organization maintains, operates, and raises funds for, and otherwise supports rady children's hospital - san diego. 24 24 0 0 263614 0 0 0 0 2162166 1274733 0 0 2162166 1274733 0 0 0 0 0 0 0 0 0 64096 113376 64096 113376 2098070 1161357 86903187 81610081 430182 394968 86473005 81215113 X SEE SCHEDULE O false false 0 0 0 THE ORGANIZATION MAINTAINS, OPERATES, AND RAISES FUNDS FOR, AND OTHERWISE SUPPORTS RADY CHILDREN'S HOSPITAL - SAN DIEGO. 0 true false false false false false false false false true false true false false true true false true false false true false false false false false false false false true false false false false false false false false false false false false false true true true false false true 0 0 0 true true true BD false false false false false false false false false X 24 24 false false false false false false false true true false false true true true true true true false false false CA X NISHANTHA RATNAYAKE 8585761700 3020 CHILDRENS WAY MC 5001 SAN DIEGO CA 921234282 PATRICK FRIAS MD PRESIDENT & CEO 2.0 38.0 X 0 1392319 30023 MARGARETA E NORTON EXEC.VP, CAO, SEC (THRU 02/20) 2.0 38.0 X 0 930077 249687 DONALD B KEARNS MD PRESIDENT EMERITUS 0.0 20.0 X 0 1016296 107424 KATHLEEN CAIN CARRITHERS SVP, CFO, TREASURER(THRU 02/20 2.0 38.0 X 0 854004 21651 NICHOLAS MATTHEW HOLMES MD SVP, COO 2.0 38.0 X 0 803425 33831 ANGELA VIEIRA GC, SECRETARY (FROM 03/20) 2.0 38.0 X 0 557821 211030 GAIL LKNIGHT MD SR. VP, CMO 2.0 38.0 X 0 749814 11214 STEPHEN JENNINGS SR.VP,EXEC DIR FOUNDATION 0.0 40.0 X 0 643654 117145 BELINDA SANTOS-RAMIREZ BOARD ADMIN & CHIEF OF STAFF 2.0 38.0 X 0 136061 70607 THEODORE D ROTH BOARD MEMBER 2.0 2.0 X 0 0 0 CATHERINE J MACKEY PHD BOARD MEMBER 2.0 4.0 X 0 0 0 G DIEGO MIRALLES MD BOARD MEMBER 2.0 6.0 X 0 0 0 TINA NOVA PHD BOARD MEMBER 2.0 6.0 X 0 0 0 SCOTT N WOLFE ESQ BOARD MEMBER 2.0 4.0 X 0 0 0 DAVID A BRENNER MD BOARD MEMBER 2.0 4.0 X 0 0 0 PRADEEP KHOSLA PHD BOARD MEMBER 2.0 2.0 X 0 0 0 HARRY M RADY BOARD MEMBER 2.0 4.0 X 0 0 0 KERI CARSTAIRS BOARD MEMBER 2.0 2.0 X 0 0 0 DEBRA LREED-KLAGES BOARD MEMBER 2.0 2.0 X 0 0 0 HENRY L NORDHOFF BOARD MEMBER 2.0 4.0 X 0 0 0 DONALD J ROSENBERG BOARD MEMBER 2.0 2.0 X 0 0 0 JOHN STOBO MD BOARD MEMBER 2.0 2.0 X 0 0 0 DENISE SUTTNER MD BOARD MEMBER 2.0 3.0 X 0 0 0 GEORGE CHIANG MD BOARD MEMBER 2.0 3.0 X 0 0 0 SDOUGLAS HUTCHESON CHAIR 4.0 12.0 X X 0 0 0 PAUL J HERING VICE CHAIR 2.0 10.0 X X 0 0 0 LISA ABARKETT BOARD MEMBER 2.0 2.0 X 0 0 0 MARTIN BROTMAN MD BOARD MEMBER 2.0 2.0 X 0 0 0 ANDREW S CLARK BOARD MEMBER 2.0 2.0 X 0 0 0 MICHAEL JFARRELL BOARD MEMBER 2.0 2.0 X 0 0 0 JOHN MGILCHRIST JR BOARD MEMBER 2.0 4.0 X 0 0 0 DAVID FHALE BOARD MEMBER 2.0 6.0 X 0 0 0 CHRIS TRESSE BOARD MEMBER 2.0 6.0 X 0 0 0 JAMES ULI JR SVP,CFO, TREASURER FROM 03/20 2.0 38.0 X 0 0 0 0 7083471 852612 0 true true false NONE 0 0 0 0 1148641 263614 885027 0 0 0 0 0 29050551 28924459 126092 126092 126092 0 0 0 0 0 0 0 0 0 0 1274733 263614 1011119 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 87376 87376 0 0 0 0 0 0 0 0 0 0 0 0 0 LICENSES/TAXES 26000 26000 113376 0 113376 0 10152856 0 0 0 2514150 2612043 0 0 0 0 0 0 0 0 0 0 0 0 0 0 48812556 57441210 24230299 20108227 0 0 0 0 1193326 1448601 86903187 81610081 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 430182 394968 430182 394968 X 85878968 80549160 594037 665953 86473005 81215113 86903187 81610081 X 1161357 255565 -6674814 X false true X true false X X 1 RADY CHILDREN'S HOSPITAL SAN DIEGO 951691313 3 false 0 113376 1 0 113376 false false false false false true false false false false false false false false false true Part IV, Section A, Question 1 Rady Children's Hospital and Health Center (RCHHC) is the sole member of Rady Children's Hospital San Diego (RCHSD). This organization, along with the other exempt organizations listed on Schedule R, Part II, are part of the Rady Children's Hospital and Health Center Health System. RCHHC and RCHSD have the same president & CEO, the same CFO, and the directors are the same for both organizations. Part IV, Section A, Question 6 RCHHC also provides support to the other exempt organizations listed on Schedule R Part II. These organizations are part of the Rady Children's Hospital and Health Center Health System. 112673421 5561460 701427 4235454 109634 114591220 109949631 4481919 2755878 4421460 92547 112673421 101712762 6622916 6082110 4360156 108001 109949631 93441640 2751574 9143887 3522210 102129 101712762 77890677 19892990 -1413872 2851124 77031 93441640 0.57360 0.37560 0.05080 true true true ACTIS ENERGY 3 138206 F ADVENT INTERNATIONAL GPE IX-C 72958 F ADVENT INTERNATIONAL GPE VIII 238626 F AMERICAN IND PTNRS CAP V 211745 F AMERICAN IND PTNRS CAP VI 248159 F AMERICAN SECURITIES PTNRS V 1907 F AMERICAN SECURITIES PTNRS VI 101978 F AMERICAN SECURITIES PTNRS VII 182527 F AMERICAN SECURITIES PTNRS VIII 29494 F ARDIAN ASF VIII 85398 F CLEARLAKE CAPITAL PARTNERS VI 40005 F CLEARLAKE OPP PTNRS OFFSHR II 106506 F CVC CR PTNRS GLOB SPL SIT 232973 F CVC CR PTNRS GLOB SPL SIT II 57751 F ENCAP ENERGY CAPITAL FUND X 122456 F ENERGY TRUST PARTNERS V, L.P 205677 F FORTISSIMO CAPITAL FUND IV 289031 F FORTISSIMO CAPITAL FUND V, L.P 14800 F GLENDON OPPORTUNITIES FUND II 265818 F GLOB INFRAS PTNRS III 322170 F GOLDMAN SACHS CAP PTNRS VI PAR 31668 F GOLDMAN SACHS VINTG FD IV OFSH 38727 F ISQ GLOBAL INFRASTRUCTURE 329174 F MILLENNIUM TECH VALUE PTNRS II 84536 F NY LIFE INSU ROBERT LIPSCHULTZ 1735 F OAKTREE EUROPEAN PRNCPL FD III 127231 F PATRIA BRAZ PVT EQ FD IV 130305 F PATRIA BRAZ PVT EQ ED V 186168 F PRIMAVERA CAPITAL FUND III 292950 F PROVIDENCE STRAT GRTH EUR I -849 F RIDGEMONT EQ PTNRS ENGY OPP FD 151760 F RIVERSTONE GE & P FD VI 104277 F STEPSTONE ENDURANCE FUND 142853 F STEPSTONE SECONDARY OPP FD II 95786 F STEPSTONE SECONDARY OPP FD 64561 F STEPSTONE SECONDARY OPP FD III 365491 F TPG HEALTHCARE PARTNERS, LP 22944 F TPG PARTNERS VII, L.P. 469158 F TPG PARTNERS VIII, L.P. 50334 F TRG GROWTH PARTNERSHIP 54497 F TSSP OPP PTNRS IV (B) 109034 F U.S. FARMING REALTY TRUST II 256291 F VISTA EQUITY PARTNERS V, L.P. 227568 F WATERLAND PVT EQ FD VII C.V. 63404 F WHITE DEER ENERGY TE LP II 109774 F YORKTOWN ENERGY PARTNERS IX 44910 F INVESTMENT IN RCPMS 8440068 F INVESTMENT IN CHIRPL 4313687 F INVESTMENT IN CPHC 832000 F 20108227 0 PAYABLE TO BENEFICIARIES 394968 394968 X Schedule D, Part V, Line 4 Rady Children's Board designated endowment funds support the highest and most urgent needs of the Organization as determined by the Board of Trustees. In addition, donor designated (or restricted) endowment funds support a wide range of initiatives identified by donors. SCHEDULE D, PART X, LINE 2 RCHHC RECOGNIZES AND MEASURES THE TAX BENEFIT FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED, BASED SOLELY ON ITS TECHNICAL MERITS, WITH THE TAXING AUTHORITY HAVING FULL KNOWLEDGE OF ALL RELEVANT INFORMATION. RCHHC RECORDS LIABILITIES FOR UNRECOGNIZED TAX BENEFITS FROM UNCERTAIN TAX POSITIONS AS DISCRETE TAX ADJUSTMENTS IN THE FIRST PERIOD THAT THE MORE LIKELY THAN NOT THRESHOLD IS NOT MET. RCHHC HAS NOT TAKEN ANY SIGNIFICANT UNCERTAIN TAX POSITIONS THEREFORE NO LIABILITY (OR ASSET) HAS BEEN RECOGNIZED AS OF JUNE 30, 2020. Central America and the Caribbean Program Services Offshore captive mgt 4624143 Central America and the Caribbean Investments 9657569 Europe (Including Iceland and Greenland) Investments 3189985 Europe (Including Iceland and Greenland) Investments 325729 17797426 17797426 true false true false true false PART I, LINE 3(f), COLUMN F THE AMOUNTS LISTED ARE REPORTED ON AN ACCRUAL METHOD OF ACCOUNTING. false true false false false false false false false PATRICK FRIAS MD PRESIDENT & CEO 0 993662 0 357609 0 41048 0 8400 0 21623 0 1422342 0 0 MARGARETA E NORTON EXEC.VP, CAO, SEC (THRU 02/20) 0 600241 0 192467 0 137369 0 240909 0 8778 0 1179764 0 0 DONALD B KEARNS MD PRESIDENT EMERITUS 0 471958 0 285000 0 259338 0 93313 0 14111 0 1123720 0 0 KATHLEEN CAIN CARRITHERS SVP, CFO, TREASURER(THRU 02/20 0 564648 0 167386 0 121970 0 8400 0 13251 0 875655 0 0 NICHOLAS MATTHEW HOLMES MD SVP, COO 0 544829 0 158046 0 100550 0 8400 0 25431 0 837256 0 0 ANGELA VIEIRA GC, SECRETARY (FROM 03/20) 0 414466 0 85754 0 57601 0 197537 0 13493 0 768851 0 0 GAIL LKNIGHT MD SR. VP, CMO 0 544273 0 140534 0 65007 0 8400 0 2814 0 761028 0 0 STEPHEN JENNINGS SR.VP,EXEC DIR FOUNDATION 0 406462 0 150000 0 87192 0 91885 0 25260 0 760799 0 0 BELINDA SANTOS-RAMIREZ BOARD ADMIN & CHIEF OF STAFF 0 123198 0 12863 0 0 0 66463 0 4144 0 206668 0 0 SCHEDULE J, PART I, LINE 3 RADY CHILDREN'S HOSPITAL AND HEALTH CENTER RELIED ON A RELATED ORGANIZATION, RADY CHILDREN'S HOSPITAL - SAN DIEGO, THAT USED ONE OR MORE OF THE METHODS DESCRIBED IN SCHEDULE J, PART I, LINE 3, TO ESTABILISH THE ORGANIZATION'S TOP MANAGEMENT OFFICIAL'S COMPENSATION. SEE FORM 990, PART VI, SECTION B, LINE 15 FOR ADDITIONAL INFORMATION. SCHEDULE J, PART I, LINE 4B Rady Children's Hospital - SAN DIEGO has established a non-qualified plan pursuant to 457(f) of the Internal Revenue Code IN WHICH CERTAIN INDIVIDUALS LISTED ON THE FORM 990, PART VII AND SCHEDULE J ARE PARTICIPANTS. The purpose of this plan is to incentivize eligible senior management employees (President, Senior Vice Presidents, Vice Presidents, Senior Managing Directors) in recognition of the fact that they are required to devote significant amounts of time, skill and energy to the organization. The amounts listed in Schedule J Part II, Column (C) are subject to substantial future service requirements to the organization and are subject to substantial risk of forfeiture. Once vested and not otherwise deferred, the amounts under this plan are reported on Form W-2 as taxable compensation to the individual. FOLLOWING INDIVIDUALS RECEIVED PAYMENTS FROM THE PLAN DURING CALENDAR YEAR 2019: Angela Vieira ($45,601), Donald Kearns ($241,338), Gail Knight ($50,007), Kathleen Cain Carrithers ($106,970), Margareta Norton ($436,226), Nicholas Holmes ($85,550), AND Stephen Jennings ($72,104). MISSION DESCRIPTION- FORM 990, PART III, LINE 1 Rady Children's Hospital and Health Center (RCHHC) was formed to acquire, establish, maintain, conduct, operate, raise funds for, and otherwise support, directly or indirectly through its affiliates, facilities and programs for the benefit of children and adults with diseases, disorders, and other health problems of pediatric origin, including providing resources for charity care, research, and education. In addition, RCHHC solicits and receives grants and donations to be used to promote and advance the welfare and activities of its affiliates. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS REVIEWED BY THE CHIEF FINANCIAL OFFICER AND THEN PROVIDED TO THE ORGANIZATION'S AUDIT AND CORPORATE RESPONSIBILITY COMMITTEE FOR REVIEW. FOLLOWING REVIEW BY THE COMMITTEE, THE FORM 990 WAS FINALIZED, SIGNED AND SUBMITTED TO THE INTERNAL REVENUE SERVICE. A COMPLETE COPY OF THE FORM 990 WAS PROVIDED TO EACH VOTING BOARD MEMBER PRIOR TO FILING. FORM 990, Section B, Line 12c On an annual basis and upon election or appointment, the policy and disclosure statement is distributed to all Board members, officers, and key employees and medical staff leaders. All completed and signed statements are returned to the Corporate Compliance Officer for review. If a person discloses a potential or actual conflict, the person with the conflict of interest is excluded from any discussion or approval of such transaction. Financial interest disclosures by board members and officers are brought to the RCHHC Board of Trustees or the Audit and Corporate Responsibility Committee for review and, as needed, appropriate action. Financial interest disclosures by key employees and medical staff leaders are reviewed by the Corporate Compliance Officer and referred to the President and Chief Executive Officer or to the RCHHC Board of Trustees. The Corporate Compliance Officer reports annually to the Executive Corporate Compliance Committee and the Audit and Corporate Responsibility Committee a summary of all disclosures and action taken, if any. All other employees are required to complete a disclosure statement on an annual basis that is reviewed by the Corporate Compliance Officer. FORM 990, PART VI, SECTION B, LINE 15 RADY CHILDREN'S HOSPITAL - SAN DIEGO WORKING THROUGH THE BOARD COMPENSATION COMMITTEE HAS A PROCESS FOR ESTABLISHING, REVIEWING AND APPROVING COMPENSATION OF OFFICERS AND KEY EMPLOYEES OF THE ORGANIZATION ON A NO LESS THAN AN ANNUAL BASIS. THE COMPENSATION COMMITTEE IS COMPRISED OF INDEPENDENT, LAY MEMBERS OF THE BOARD OF TRUSTEES. PRIOR TO CONDUCTING ITS REVIEW, THE CHAIR OF THE COMPENSATION COMMITTEE DETERMINES WHETHER ANY MEMBER HAS A CONFLICT OF INTEREST WITH RESPECT TO THE MATTER(S) UNDER REVIEW. IF THERE IS A CONFLICT, THE CONFLICTED MEMBER RECUSES HIMSELF/HERSELF AND IS NOT PRESENT DURING DISCUSSION OR VOTE ON THE ARRANGEMENT UNDER REVIEW. IN DETERMINING AND APPROVING THE COMPENSATION ARRANGEMENT, THE COMMITTEE CONSIDERS ALL COMPONENTS OF COMPENSATION. IT CONSIDERS COMPARABILITY DATA AND RETAINS AN INDEPENDENT COMPENSATION CONSULTANT TO PROVIDE COMPARABILITY DATA TO THE COMMITTEE. TOTAL COMPENSATION IS TARGETED TO BE BETWEEN THE 50TH AND 75TH PERCENTILES OF THE COMPARABILITY DATA. THE COMMITTEE'S DELIBERATIONS AND DECISIONS ARE DOCUMENTED IN MINUTES THAT ARE REVIEWED AT ITS NEXT MEETING OR SIXTY DAYS AFTER ACTION. THE COMMITTEE'S WRITTEN RECORDS INCLUDE THE (1) TERMS OF THE ARRANGEMENT WITH THE DISQUALIFIED PERSON (INCLUDING THE DATE THE ARRANGEMENT WAS APPROVED); (2) A LIST OF MEMBERS PRESENT DURING THE DISCUSSION OF THE TRANSACTION (AND HOW THE MEMBERS VOTED WHEN IT WAS APPROVED); AND (3) A DESCRIPTION OF THE COMPARABLE DATA RELIED ON BY THE COMMITTEE AND HOW IT WAS OBTAINED. FORM 990, PART VI, SECTION C, LINE 19 WHILE FEDERAL TAX LAWS DO NOT MANDATE THAT THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS BE MADE AVAILABLE FOR PUBLIC INSPECTION, THE ORGANIZATION MAKES ITS FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. Form 990, Part XI, line 9 OTHER CHANGES IN FUND BALANCE change - split interest agreements $ 74,808 Intercompany Transfer $ (9,544,623) investment in chirpl $ 2,048,367 investment in rcpms $ 746,634 ===================================================== total other changes in fund balance $ (6,674,814) Rady Children's Hospital - San Diego 3020 Childrens Way 5001 San Diego CA 92123 951691313 hospital CA 501(c)(3) 3 RCHHC true Rady Children's Hospital Research Center 3020 Childrens Way 5001 San Diego CA 92123 953814185 Research CA 501(c)(3) 12a rchhc true Rady Children's Health Services San Dieg 3020 Childrens Way 5001 San Diego CA 92123 330278018 Support RCHSD CA 501(c)(3) 12a RCHSD true Rady Children's Hospital Foundation San 3020 Childrens Way 5001 San Diego CA 92123 330170626 Fundraising CA 501(c)(3) 7 RCHHC true Children's Hospital Integrated Risk Prot Canons Court Victoria Street Hamilton, HM12 BD 999999999 Captive Insur BD RCHHC C Corp -11353 2592242 1.00000 true Rady Children's Physician Management Ser 3860 Calle Fortunada Suite 200 San Diego CA 921234282 330670694 Management Se CA RCHHC C Corp. 63249202 35251730 1.00000 true Children's Hospital Insurance Limited Canons Court 22 Victoria Street Hamilton BD HM12 999999999 Captive Insur BD CHIRP C corp 2059720 25633070 1.00000 true CRUT(1) 3020 CHILDRENS WAY MC 5133 SAN DIEGO CA 921234282 crut CA RCHHC TRUST 1.00000 true true true true true false false false false false false false false false false false false false false false RADY CHILDREN'S PHYSICIAN MGMT SVCS d 2759055 see part vii RADY CHILDREN'S PHYSICIAN MGMT SVCS a(ii) 263614 see part vii SCHEDULE R PART V, LINE 2 THE AMOUNTS ON SCHEDULE R PART V LINE 2 WERE DETERMINED AS FOLLOWS: (A) AND (D) - BASED ON LOAN TERMS. (B) AND (C) - THE CONTRIBUTION RECEIVED AND THE THE GRANT TO RCHSD WERE DETERMINED BASED ON THE ORIGINAL DONOR'S REQUIREMENTS AND AS APPROVED BY RESPECTIVE DONORS. (B) - THE AMOUNT TRANSFERRED TO CHIL WAS A CAPITAL CONTRIBUTION. (O) AND (P) TRANSACTIONS - THESE AMOUNTS WERE REIMBURSEMENTS FOR EMPLOYEE SALARIES AND BENEFITS FOR THE SERVICES THE EMPLOYEES PROVIDED TO RCHHC AND COST REIMBURSEMENTS FOR OTHER EXPENSES.