2020-08-14T12:03:04-05:00 2019-09-30 350921680 CROWE LLP 750 N St Paul Suite 850 Dallas TX 75201 990 2018-10-01 202380599 Texas Children's Hospital Foundation TEXA 8328242982 6621 Fannin Street Houston TX 77030 WELDON GAGE Executive Vice President & CFO 2020-08-14 false Rachel Spurlock P00520729 2147775200 2018 2020-09-22 18:59:49Z Weldon Gage 6621 FANNIN STREET HOUSTON TX 77030 1142400569 false X WWW.TEXASCHILDRENS.ORG X 2005 TX TO CREATE A HEALTHIER FUTURE FOR CHILDREN AND WOMEN THROUGHOUT OUR GLOBAL COMMUNITY BY LEADING IN PATIENT CARE, EDUCATION AND RESEARCH. 10 9 0 0 -2410408 0 0 0 0 0 124867221 96453882 0 0 124867221 96453882 0 0 0 0 0 0 0 0 0 5541261 5237358 5541261 5237358 119325960 91216524 2364231254 2534330594 386212128 514706313 1978019126 2019624281 TO CREATE A HEALTHIER FUTURE FOR CHILDREN AND WOMEN THROUGHOUT OUR GLOBAL COMMUNITY BY LEADING IN PATIENT CARE, EDUCATION AND RESEARCH. false false 4786118 0 0 THE TEXAS CHILDREN'S HOSPITAL FOUNDATION, IN FULFILLING ITS PURPOSE OF SUPPORTING TEXAS CHILDREN'S HOSPITAL, ACTIVELY MANAGES INVESTMENTS FOR THE HOSPITAL TO GENERATE SUPPORT FUNDS. THE FUNDS ARE SPECIFICALLY IN SUPPORT OF TEXAS CHILDREN'S HOSPITAL'S ADVANCES IN CUTTING-EDGE PEDIATRIC MEDICAL RESEARCH AND PROVIDING GREATER ACCESS TO HIGH-QUALITY HEALTHCARE FOR WOMEN, CHILDREN AND FAMILIES IN THE COMMUNITY. 4786118 true false false false false false false false false false true false true 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 X 0 0 0 true true true CJ false false false false false false false false false false X 10 9 false false false false true true true true false false false true true true true true true false false false X JENNIFER LITTLE 8328242972 1919 S BRAESWOOD BLVD HOUSTON TX 77030 L E Simmons BOARD MEMBER / CHAIRMAN 1.0 2.0 X X 0 0 0 Mark A Wallace Board Member / President / CEO 1.0 39.0 X X 0 6781279 657376 Ronald C Hulme Board Member 1.0 1.0 X 0 0 0 Kevin C King BOARD MEMBER 1.0 1.0 X 0 0 0 Michael C Linn BOARD MEMBER 1.0 1.0 X 0 0 0 William N Mathis Board Member 1.0 1.0 X 0 0 0 Edward S McCullough BOARD MEMBER 1.0 0.0 X 0 0 0 Dan Pickering BOARD MEMBER 1.0 1.0 X 0 0 0 Gary L Rosenthal Board Member 1.0 3.0 X 0 0 0 Tym Tombar BOARD MEMBER 1.0 1.0 X 0 0 0 Weldon Gage CFO 1.0 39.0 X 0 1492417 187027 Lance Lightfoot SECRETARY 1.0 39.0 X 0 1205235 151265 0 9478931 995668 0 false true false PIMCOM 650 NEWPORT CENTER DR NEWPORT CA 92660 INVESTMENT MGMT 521349 CHICKASAW 6075 POPLAR AVENUE MEMPHIS TN 38119 INVESTMENT MGMT 419735 PARAMETRIC 3600 MINNESOTA DR MINNEAPOLIS MN 55435 INVESTMENT MGMT 363196 DOUBLELINE TR 333 SOUTH GRAND AVENUE 18TH FLOOR LOS ANGELES CA 90071 INVESTMENT MGMT 362437 BARES CAPITAL MANAGEMENT 12600 HILL COUNTRY BLVD STE R-230 AUSTIN TX 78738 INVESTMENT MGMT 255159 8 0 0 0 0 0 0 28516721 -2410408 30927129 0 0 1113883848 1045946687 67937161 0 67937161 67937161 0 0 0 0 0 96453882 0 -2410408 98864290 X 0 0 2133772 2133772 847383 847383 0 0 MANAGEMENT FEES 2256203 1804963 451240 0 0 0 0 5237358 4786118 451240 0 28757041 27620760 0 0 0 0 0 0 0 769653234 822687899 1477404982 1510630127 0 88415997 173391808 2364231254 2534330594 89808087 180843888 0 296404041 333862425 386212128 514706313 X 1978019126 2019624281 1978019126 2019624281 2364231254 2534330594 X 91216524 -21489566 -28121803 X false true X true false X X X 1 TEXAS CHILDREN'S HOSPITAL 741100555 3 true 4786118 0 1 4786118 0 true false false false false false false false false false false false false false false false Schedule A, Part IV, Section C, Line 1 Majority director detail The President and CEO of Texas Children's (TC) is also the President and CEO of Texas Children's Hospital Foundation (TCHF). TC is the sole corporate member of TCHF and as such has extensive rights and powers (including the authority to appoint and remove board members) over TCHF as reflected in the bylaws. PRIVATE EQUITY 555482140 F REAL ASSETS HEDGE FUND 955147987 F 1510630127 ACCRUED INTEREST RECEIVABLE DERIVATIVE RECEIVABLE 100415062 OTHER INVESTMENT RECEIVABLE 72976746 173391808 DUE TO TEXAS CHILDREN'S HOSPITAL 333862425 333862425 X Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote MANAGEMENT ANNUALLY REVIEWS ITS TAX POSITIONS AND HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION IN THE ACCOMPANYING CONSOLIDATED BALANCE SHEETS AS OF SEPTEMBER 30, 2019 OR 2018. Central America and the Caribbean 0 0 Investments Europe (Including Iceland and Greenland) 0 0 Investments East Asia and the Pacific 0 0 Investments 0 0 0 0 0 0 0 0 0 true false true true true false false true false false false false false Mark A Wallace Board Member / President / CEO 0 1824913 0 4606723 0 349643 0 623980 0 33396 0 7438655 0 2080523 Weldon Gage CFO 0 723323 0 744500 0 24594 0 159130 0 27897 0 1679444 0 0 Lance Lightfoot SECRETARY 0 559496 0 554400 0 91339 0 118622 0 32643 0 1356500 0 68776 Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation Compensation for the organization's top management official is established by Texas Children's and Texas Children's Hospital, using the following methods: * Compensation Committee * Independent Compensation Consultant * Compensation Survey or Study * Approval by the Board or Compensation Committee Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan CY 2018 457(F) PLAN: PAID/DEFERRED MARK A. WALLACE 4,638,133 / 0 WELDON GAGE 744,500 / 137,500 LANCE LIGHTFOOT 623,176 / 90,900 457(F): THE 457(F) PLAN IS A NON-QUALIFIED DEFERRED COMPENSATION PLAN THAT ALLOWS ELIGIBLE EXECUTIVES, FROM THE ASSISTANT VICE PRESIDENT LEVEL TO CHIEF EXECUTIVE OFFICER, TO RECEIVE SUPPLEMENTAL EXECUTIVE RETIREMENT INCOME. FUNDS MAY BE CREDITED INTO THIS ACCOUNT FROM AN EMPLOYER CONTRIBUTION, CALCULATED BASED ON AN INDIVIDUAL'S TITLE AND BASE SALARY AS OF JANUARY 1. THESE EMPLOYER FUNDED CONTRIBUTIONS VEST THE EARLIER OF FIVE YEARS, OR THE ATTAINMENT OF AGE 60 AND 75-POINTS DETERMINED AS OF THEIR AGE AND YEARS OF SERVICE. THE 457(F) PLAN ALSO CONTAINS RESIDUAL LONG-TERM INCENTIVE PLAN CONTRIBUTIONS AND CAPITAL ACCUMULATION CONTRIBUTIONS FROM A FLEXIBLE BENEFIT ACCOUNT SURPLUS. THE LONG-TERM INCENTIVE CONTRIBUTIONS VEST AFTER THREE YEARS AND THE CAPITAL ACCUMULATION CONTRIBUTIONS VEST AFTER 5 YEARS IN THE PLAN. Form 990, Part VI, Line 6 Classes of members or stockholders TEXAS CHILDREN'S IS THE SOLE CORPORATE MEMBER OF TEXAS CHILDREN'S HOSPITAL FOUNDATION. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body TEXAS CHILDREN'S ANNUALLY APPOINTS THE ORGANIZATION'S BOARD OF DIRECTORS. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders PER THE ORGANIZATION'S BYLAWS, THE MEMBER HAS CERTAIN RESERVED POWERS: -APPROVE, INTERPRET OR CHANGE THE PURPOSE OF THE CORPORATION. -FIX THE NUMBER, APPOINT OR REMOVE, WITH OR WITHOUT CAUSE, ANY DIRECTOR OF THE CORPORATION. -APPROVE THE MERGER, DISSOLUTION OR CONSOLIDATION OR REORGANIZATION OF THE CORPORATION. -APPROVE THE ACQUISITION, SALE, LEASE, TRANSFER, OR OTHER ALIENATION OF PROPERTY OF THE CORPORATION, OTHER THAN IN THE USUAL AND REGULAR COURSE OF THE CORPORATION'S BUSINESS, WHEN SUCH ACQUISITION, SALE, LEASE, TRANSFER OR OTHER ALIENATION IS ABOVE SPECIFIC FINANCIAL LEVELS SET IN ACCORDANCE WITH POLICIES ESTABLISHED FROM TIME TO TIME BY THE MEMBER. -APPROVE CAPITAL AND OPERATING BUDGETS OF THE CORPORATION. -ADOPTION OR AMENDMENT OF SALARIES OR OTHER COMPENSATION (INCLUDING THE AWARDING OF ANY INCENTIVE COMPENSATION) OF THE OFFICERS OF THE CORPORATION, PHYSICIAN EMPLOYEES OF THE CORPORATION, IF ANY. -APPROVE DEBT INCURRED BY THE CORPORATION, WHICH IS IN EXCESS OF SUCH LIMITS AS ARE ESTABLISHED BY THE MEMBER. -APPROVE THE DISPOSITION OF ASSETS OF THE CORPORATION AT THE TIME OF ITS DISSOLUTION. -APPROVE ANY LONG-RANGE FINANCIAL OR STRATEGIC PLANS FOR THE CORPORATION. -SELECTION OF THE CORPORATION'S AUDITORS. -DESIGNATION OF ADDITIONAL OR SUCCESSOR MEMBER(S). -TAKE ANY ACTION WHICH WOULD BE INCONSISTENT WITH THE GOVERNING DOCUMENTS OR POLICIES OF TEXAS CHILDREN'S. Form 990, Part VI, Line 8b Documentation of meetings held by committees of governing body NO SUCH COMMITTEES EXIST. Form 990, Part VI, Line 11b Review of form 990 by governing body PER A RESOLUTION APPROVED BY THE MEMBER'S BOARD OF DIRECTORS, THE MEMBER BOARD'S AUDIT AND COMPLIANCE COMMITTEE HAS THE DELEGATED AUTHORITY TO REVIEW THE ORGANIZATION'S COMPLETED FORM 990 PRIOR TO FILING. FOLLOWING THE COMMITTEE'S REVIEW, THE COMPLETED FORM 990 IS DISTRIBUTED TO THE MEMBERS OF THE ORGANIZATION'S BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. Form 990, Part VI, Line 12c Conflict of interest policy THE ORGANIZATION CONSISTENTLY MONITORS AND ENFORCES THE CONFLICT OF INTEREST POLICY THROUGH TWO SEPARATE PROCESSES, ONE THAT APPLIES TO THE BOARD MEMBERS, AND A SECOND THAT APPLIES TO OFFICERS AND KEY EMPLOYEES. 1) BOARD MEMBERS: PER THE ORGANIZATION'S BOARD-APPROVED CONFLICTS REVIEW PROCESS, RESPONSES TO THE ANNUAL CONFLICTS QUESTIONNAIRE ARE REVIEWED BY THE MEMBER'S BOARD LEADERSHIP AND PRESENTED TO THE MEMBER'S AUDIT & COMPLIANCE COMMITTEE. IF THE COMMITTEE DEEMS THERE ARE ANY SIGNIFICANT ISSUES, THE RESPONSES ARE THEN REVIEWED BY THE MEMBER BOARD'S EXECUTIVE COMMITTEE AND ANY REQUIRED ACTION (RECUSEMENT FROM BOARD DELIBERATIONS RELATED TO THE CONFLICT, ETC.) IS TAKEN IN ACCORDANCE WITH THE ORGANIZATION'S BOARD-APPROVED CODE OF CONDUCT. 2) OFFICERS / KEY EMPLOYEES: PER THE ORGANIZATION'S BOARD APPROVED CONFLICTS REVIEW PROCESS, RESPONSES TO THE ANNUAL CONFLICTS QUESTIONNAIRE ARE REVIEWED BY THE COMPLIANCE SERVICES DEPARTMENT. IF THE DEPARTMENT DEEMS THERE ARE ANY SIGNIFICANT ISSUES, REQUIRED ACTION IS TAKEN IN ACCORDANCE WITH THE ORGANIZATION'S BOARD-APPROVED CODE OF CONDUCT AND THE BOARD IS NOTIFIED OF SUCH ACTIONS. Form 990, Part VI, Line 19 Required documents available to the public THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. Form 990, Part IX, Line 11g Other Fees OTHER FEES FOR SERVICES - Total Expense: 847383, Program Service Expense: 847383, Management and General Expenses: , Fundraising Expenses: ; Form 990, Part XI, Line 9 Other changes in net assets or fund balances TRANSFER TO HOSPITAL - -11798342; CHANGE IN INVESTMENT PAYABLE - -16323461; SCHEDULE O FORM 5471 DISCLOSURE STATEMENT UNDER THE CONSTRUCTIVE OWNERSHIP RULES OF IRC SECTIONS 958(A) AND (B), THE TAXPAYER IS REQUIRED TO FILE FORMS 5471, INFORMATION RETURN OF U.S. PERSONS WITH RESPECT TO CERTAIN FOREIGN CORPORATIONS, AS A CATEGORY 5 FILER WITH RESPECT TO CERTAIN CONTROLLED FOREIGN CORPORATIONS (CFCS). THESE FILING REQUIREMENTS ARE OR WILL BE SATISFIED THROUGH THE FILING OF FORMS 5471 FOR THESE CFCS BY OTHER U.S. TAXPAYERS IDENTIFIED BELOW WHO HAVE THE SAME FILING REQUIREMENT: TEXAS CHILDREN'S EIN: 76-0461578 1919 S. BRAESWOOD BLVD, 4TH FL HOUSTON, TX 77030 TEXAS CHILDREN'S HOSPITAL 6621 FANNIN STREET HOUSTON TX 77030 741100555 HOSPITAL TX 501(c)(3) 3 TEXAS CHILDREN'S true TEXAS CHILDREN'S WOMEN'S SPECIALISTS PO BOX 300630 HOUSTON TX 77230 261482195 HEALTH CARE TX 501(c)(3) Type II TEXAS CHILDREN'S true TEXAS CHILDREN'S 1919 S BRAESWOOD BLVD 4TH FL HOUSTON TX 77030 760461578 PARENT TX 501(c)(3) Type II NA false TEXAS CHILDREN'S PHYSICIAN GROUP 6621 FANNIN STREET HOUSTON TX 77030 260834681 HEALTH CARE TX 501(c)(3) 10 TEXAS CHILDREN'S true TCH PEDIATRIC ASSOCIATES INC PO BOX 300630 HOUSTON TX 77230 760460242 HEALTH CARE TX 501(c)(3) 10 TEXAS CHILDREN'S true TEXAS CHILDREN'S HEALTH PLAN 6330 WEST LOOP SOUTH SUITE 800 8TH FLOOR BELLAIRE TX 77401 760486264 HEALTH CARE TX 501(c)(3) 10 TEXAS CHILDREN'S true TEXAS CHILDREN'S HEALTH PLAN - THE CENTER 6621 FANNIN STREET HOUSTON TX 77030 461392824 HEALTH CARE TX 501(c)(3) Type I TEXAS CHILDREN'S HEALTH PLAN true TEXAS CHILDREN'S URGENT CARE 1919 S BRAESWOOD BLVD 4TH FLOOR HOUSTON TX 77030 472029489 HEALTH CARE TX 501(c)(3) 10 TCH PEDIATRIC ASSOCIATES INC true THE GORDON AND MARY CAIN PEDIATRIC NEUROLOGY RESEARCH FOUNDATION 9 GREENWAY PLAZA HOUSTON TX 77046 760246858 SUPPORTING ORG TX 501(c)(3) Type I TEXAS CHILDREN'S HOSPITAL true CORDILLERA PRIMARY WAVE CO-INVESTMENT FUND LP 3000 SAND HILL ROAD BUILDING 3 STE 100 MENLO PARK CA 94025 821568240 INVESTMENT CA TEXAS CHILDREN'S HOSPITAL FOUNDATION Excluded 43622 1867574 false false 0.4767 TCH INSURANCE COMPANY LTD 23 LIME TREE BAY AVENUE GRAND CAYMAN CJ KY11102 980176652 INSURANCE CJ NA C Corporation true CVI GVF HOLDINGS 3 LTD UGLAND HOUSE SOUTH CHURCH STREET GEORGE TOWN CJ KY11104 981078282 INVESTMENT CJ TEXAS CHILDREN'S HOSPITAL FOUNDATION C Corporation -67185 886772 1 true false false false false false false false false false false false false false true true false false true false TEXAS CHILDREN'S HOSPITAL R 11798342 COST