2018-05-14T14:06:38-05:00 2017-06-30 PricewaterhouseCoopers LLP 2001 MARKET ST SUITE 1800 PHILADELPHIA PA 19103 990 2016-07-01 232237932 THE CHILDREN'S HOSPITAL OF PHILADELPHIA FOUNDATION % THOMAS TODOROW CHIL 2155901000 3401 CIVIC CENTER BOULEVARD PHILADELPHIA PA 19104 THOMAS J TODOROW EXEC VP & CFO 2155901000 2018-05-14 true ERICA R MCREYNOLDS P00977806 2673303000 2016 2022-09-23 18:48:47Z MADELINE BELL 3401 CIVIC CTR BLVD PHILADELPHIA PA 19104 1369553451 false X WWW.CHOP.EDU X 1983 PA SEE SCHEDULE O 17 14 0 584 955462 585501 128945118 106980644 0 0 28862343 68227122 0 0 157807461 175207766 126888644 128386794 0 0 15088823 15023731 1772489 1919330 12888262 9490752 8939526 153240708 154269381 4566753 20938385 1829940159 2018602622 429123228 438386809 1400816931 1580215813 X SEE SCHEDULE O false false 128386794 128386794 0 HOSPITAL PARENT ORGANIZATION RAISES FUNDS FOR CHARITABLE PURPOSES TO SUPPORT THE CHILDREN'S HOSPITAL OF PHILADELPHIA. 128386794 true true false false false false false false true true true false false true false false true false false true false false true true false false true false true false false false false false false false false true false false false false true true true false false true 0 0 0 true true false false false false true true false false false false X 17 14 true false false false false false false true true false false true true true true true true true true false AL AR CA CT FL GA HI IL KS KY MD MA MN MS NH NJ NM NY NC OK OR PA RI SC TN UT VA WV WI X THOMAS TODOROW 2155901000 3401 CIVIC CTR BLVD PHILADELPHIA PA 191044388 X N SCOTT ADZICK MD TRUSTEE 1.0 44.0 X 0 1510480 35417 CLARK HOOPER BARUCH SECRETARY & TRUSTEE 1.0 1.0 X X 0 0 0 A LORRIS BETZ MD PHD TRUSTEE 1.0 2.0 X 0 0 0 MORTIMER J BUCKLEY III CHAIRMAN & TRUSTEE 1.0 1.0 X X 0 0 0 REID S BUERGER TRUSTEE 1.0 1.0 X 0 0 0 DOMINIC J CARUSO TRUSTEE 1.0 1.0 X 0 0 0 ARTHUR DANTCHIK TRUSTEE 1.0 1.0 X 0 0 0 LYNNE L GARBOSE ESQ TRUSTEE 1.0 1.0 X 0 0 0 ASUKA NAKAHARA TREASURER & TRUSTEE 1.0 1.0 X X 0 0 0 MARK E DENNEEN TRUSTEE 1.0 2.0 X 0 0 0 SALEM D SHUCHMAN VICE CHAIRMAN & TRUSTEE 1.0 2.0 X X 0 0 0 KORNELIS SMIT TRUSTEE 1.0 1.0 X 0 0 0 SHARAD MANSUKANI TRUSTEE 1.0 2.0 X 0 0 0 DAVID P HOLVECK TRUSTEE 1.0 1.0 X 0 0 0 JOSEPH W ST GEME III MD TRUSTEE 1.0 44.0 X 0 973177 36360 MADELINE BELL CEO & TRUSTEE 1.0 42.0 X X 0 2282958 15955 LISSA BIESECKCER LONGACRE TRUSTEE 1.0 1.0 X 0 0 0 THOMAS J TODOROW ASSISTANT TREASURER 1.0 43.0 X 0 1515234 246263 JEFFREY D KAHN ASSISTANT SECRETARY 1.0 41.0 X 0 750714 39508 STUART SULLIVAN EVP & CHIEF DEVELOP. OFFICER 1.0 40.0 X 0 309639 15513 NICHOLAS P PROCYK SVP & CHIEF INVESTMENT OFFICER 1.0 40.0 X 0 777649 33089 MARGARET M JONES FORMER ASSISTANT SECRETARY 0.0 0.0 X 0 635003 13364 0 8754854 435469 0 true true false ROBBINSKERSTEN DIRECT 3400 WATERVIEW PARKWAY RICHARDSON TX 75080 FUNDRAISER/MARKETER 1763250 BLACKROCK 800 SCUDDERS MILL ROAD PLAINSBORO NJ 08536 INVESTMENT SERVICES 567665 IRIDIAN ASSET MANAGEMENT 276 POST ROAD WEST WESTPORT CT 068804704 INVESTMENT SERVICES 471213 GRYPHON INTERNATIONAL 20 BAY STREET ST 1905 TORONTO ONTARIO CA MJ5 2N8 INVESTMENT SERVICES 457824 ALPHAONE CAPITAL PARTNERS 789 E LANCASTER AVE VILLANOVA PA 19085 ASSET MANAGEMENT 244767 14 X 3607152 27007500 76365992 11189649 106980644 0 13704954 955462 12749492 0 0 0 0 0 1247752330 1193230162 54522168 54522168 0 0 54522168 1115523 3607152 1115523 0 0 0 0 0 0 0 175207766 0 955462 67271660 128386794 128386794 0 0 0 3994888 2676575 1318313 0 8247840 5526053 2721787 0 2781003 1863272 917731 0 0 85383 85383 0 0 1919330 1919330 2928425 2928425 865092 865092 1098417 1098417 589938 589938 99740 99740 0 299347 299347 298473 298473 0 18429 18429 0 0 2147 2147 0 Reward & Recognition 5260 5260 SPECIAL FUNCTIONS/PROJECTS 1499619 1499619 UBIT TAX PAYMENTS 170258 170258 DUES & SUBSCRIPTIONS 632245 632245 346753 346753 154269381 128386794 12994325 12888262 0 0 0 2829815 136480107 118214979 0 0 0 0 0 0 0 0 0 0 314358 166724 1024224 985015 41356 39209 1051483400 1292879338 620252370 582913989 0 0 0 0 21368568 21558568 1829940159 2018602622 962699 874361 0 0 1206161 1167374 0 0 0 0 0 0 0 0 0 0 426954368 436345074 429123228 438386809 X 997761749 1150360434 187190751 203791953 215864431 226063426 1400816931 1580215813 1829940159 2018602622 X 20938385 123257311 35203186 X false true X true false X 86327000 111357146 136625275 128945118 106980644 570235183 0 0 86327000 111357146 136625275 128945118 106980644 570235183 157615955 412619228 14217112 12142965 11179951 11025945 13704954 62270927 0 0 632506110 0.65236 0.65730 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1548981000 48920000 296912000 0 95095000 1799718000 1480920000 47320000 106786000 0 86045000 1548981000 1436985000 42717000 78177000 0 76959000 1480920000 1223946000 34995000 248101000 0 70057000 1436985000 1082415000 22323000 184538000 0 65330000 1223946000 0.88000 0.08000 0.04000 false false 1024224 985015 39209 39209 CLOSELY HELD SECURITIES 561334712 F PORTFOLIO VALUATION 21579277 F 582913989 0 DUE TO AFFILIATE 436345074 436345074 SCHEDULE D, PART V, LINE 4 The intended use of the Children's Hospital of Philadelphia Foundation's Endowment fund is for capital expenditures for equipment, capital projects, or other capital needs; medical education programs; and health care programs for medical, patient, and research service in accordance with any stipulated donor restrictions. Central America and the Caribbean Investments 185730671 Europe (Including Iceland and Greenland) Investments 18595360 204326031 204326031 true false true true true false X X X X X X true RobbinsKersten Direct LLC 3400 WATERVIEW PARKWAY RICHARDSON TX 75080 Direct Mail false 2561225 1763250 797975 Schultz Williams Inc 325 CHESTNUT STREET PHILADELPHIA PA 19106 Direct Mail false 224149 156080 68069 2785374 1919330 866044 AL AK AZ AR CA CO CT DE DC FL GA ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY Parkway Run 1151816 973570 178246 178246 POKER 755000 513918 241082 241082 12 2815859 2119664 696195 696195 4722675 3607152 1115523 1115523 1115523 SCHEDULE G, PART I, LINE 2B THE VENDORS LISTED PROVIDED SERVICES TO THE CHILDREN'S HOSPITAL OF PHILADELPHIA FOUNDATION'S FUNDRAISING EFFORTS. SCHULTZ & WILLIAMS, INC. WORKED ON THE CREATION OF THE MAILINGS AS WELL AS PROVIDING THE DIRECT MAIL TO DONORS. THE AMOUNT PAID ON LINE 1, COLUMN (V) INCLUDES REIMBURSEMENT OF DIRECT EXPENSES. DONORS PROVIDED ANNUAL GIFTS IN RESPONSE TO RECEIVING THESE PIECES OF DIRECT MAIL. RobbinsKersten Direct (RKD) provides CHOP Foundation with strategic direction, creative services, and production processing for all direct mail and email program which produces approx. 1.5 million pieces of mail each year and results in fundraising revenue upwards of $2+ million from donors annually. true The Children's Hospital of Philadelphia 3401 Civic Center Blvd Philadelphia PA 19104 231352166 501(C)(3) 108320397 FMV N/A TO BENEFIT CHOP Children's Health Care Associates Inc 100 Penn Sq E 9TH FL Philadelphia PA 19107 222785804 501(c)(3) 11017034 FMV N/A TO BENEFIT CHCA Children's Surgical Associates LTD 3401 Civic Center Blvd Philadelphia PA 19104 232589322 501(C)(3) 5464331 FMV N/A TO BENEFIT CSA Children's Anesthesiology Associates Ltd 3401 Civic Center Blvd Philadelphia PA 19104 232592835 501(C)(3) 1087905 FMV N/A TO BENEFIT CAA Radiology Associates of CHOP 100 Penn Square East Philadelphia PA 19107 232665855 501(C)(3) 2497127 FMV N/A TO BENEFIT RACH 5 0 SCHEDULE I, PART I, LINE 2 All amounts that are specified by the donors to benefit CHOP are transferred to CHOP regularly. All donor documentation is maintained and the transfers are tracked through Raiser's Edge, the Foundation's enterprise resource planning software, as they are made. true true false false false false false false false THOMAS J TODOROW ASSISTANT TREASURER 0 713996 0 693170 0 108068 0 216335 0 29928 0 1761497 0 0 MARGARET M JONES FORMER ASSISTANT SECRETARY 0 0 0 0 0 635003 0 0 0 13364 0 648367 0 0 N SCOTT ADZICK MD TRUSTEE 0 984323 0 366149 0 160008 0 23850 0 11567 0 1545897 0 0 JEFFREY D KAHN ASSISTANT SECRETARY 0 441249 0 273879 0 35586 0 5300 0 34208 0 790222 0 0 JOSEPH W ST GEME III MD TRUSTEE 0 702754 0 220561 0 49862 0 23850 0 12510 0 1009537 0 0 MADELINE BELL CEO & TRUSTEE 0 1178437 0 892500 0 212021 0 5300 0 10655 0 2298913 0 0 STUART SULLIVAN EVP & CHIEF DEVELOP. OFFICER 0 204183 0 0 0 105456 0 5235 0 10278 0 325152 0 0 NICHOLAS P PROCYK SVP & CHIEF INVESTMENT OFFICER 0 456957 0 278767 0 41925 0 5300 0 27789 0 810738 0 0 SCHEDULE J, PART I, LINE 4A MARGARET M JONES - 450,204 SCHEDULE J, PART I, LINE 4B JOSEPH W ST GEME III MD - 71,340 MADELINE BELL - 199,860 THOMAS J TODOROW - 98,240 JEFFREY D KAHN - 38,563 NICHOLAS P PROCYK - 42,000 N SCOTT ADZICK MD - 156,813 SCHEDULE J, PART II, COLUMN (C) The amount reported here may include changes in actuarial values of SERPs as required to be reported by the IRS. X 139 11179649 MARKET QUOTES X Interactive 3D-V Pod Sensory Unit 1 10000 Retail Value X Life Insurance Policies 8 0 FMV 0 false true true SCHEDULE M, PART I, LINE 25 DURING THE FISCAL YEAR, THE CHILDREN'S HOSPITAL OF PHILADELPHIA FOUNDATION WAS THE RECIPIENT OF LIFE INSURANCE POLICIES IN FULFILLMENT OF A PLEDGE MADE IN A PREVIOUS YEAR. THE VALUE OF THE PLEDGE WAS ACCRUED AT THE TIME IT WAS MADE. DURING THE FISCAL YEAR, THE CHILDREN'S HOSPITAL OF PHILADELPHIA FOUNDATION WAS ALSO THE RECIPIENT OF 1 INTERACTIVE 3D-V POD SENSORY UNIT WHICH IS VALUED AT $10,000. FORM 990, PART I, LINE 1 & FORM 990, PART III, LINE 1 RAISE CHARITABLE CONTRIBUTIONS TO SUPPORT THE TAX-EXEMPT ACTIVITIES OF THE CHILDREN'S HOSPITAL OF PHILADELPHIA. FORM 990, PART IV, LINE 12 AN AUDIT IS PERFORMED ON AN OBLIGATED GROUP WHICH COMPRISES THE CHILDREN'S HOSPITAL OF PHILADELPHIA, THE CHILDREN'S HOSPITAL OF PHILADELPHIA FOUNDATION, THE CHILDREN'S HOSPITAL OF PHILADELPHIA PRACTICE ASSOCIATION, CHOP CLINICAL ASSOCIATES, INC., AND FIRST MEDICAL INSURANCE COMPANY. AN AUDIT IS ALSO PERFORMED ON A CONSOLIDATED BASIS WHICH INCLUDES THE OBLIGATED GROUP, PGH DEVELOPMENT CORPORATION, CHILDREN'S ANESTHESIOLOGY ASSOCIATES, LTD., CHILDREN'S ANESTHESIOLOGY ASSOCIATES OF NJ, INC., CHILDREN'S HEALTH CARE ASSOCIATES, INC., CHILDREN'S HEALTH CARE ASSOCIATES OF NJ, CHILDREN'S SURGICAL ASSOCIATES LTD., CHILDREN'S SURGICAL ASSOCIATES OF NJ, INC., SURGICAL RESEARCH AND EDUCATION FOUNDATION, RADIOLOGY ASSOCIATES OF CHILDREN'S HOSPITAL, INC., AND CHILDREN'S RADIOLOGY ASSOCIATES OF NJ, P.C. FORM 990, PART VI, SECTION A, LINE 2 THERE WAS A BUSINESS RELATIONSHIP BETWEEN KORNELIUS SMIT, ASUKA NAKAHARA, AND MADELINE BELL AS MR. SMIT WAS AN EMPLOYEE AND MR. NAKAHARA AND MS. BELL WERE BOARD MEMBERS OF THE SAME BUSINESS ENTITY. FORM 990, Part VI, Section B, Line 11B BEFORE THE RETURN WAS FILED, A copy of this return was reviewed by the Board Audit, compliance and risk Committee before the return was filed. Before the return is filed, the Form 990 was also made available to the entire governing body of the organization through a secure website maintained by The Children's Hospital of Philadelphia. FORM 990, PART VI, SECTION B, LINE 12 The organization has adopted the conflicts of interest policy of the Children's Hospital of Philadelphia. The Children's Hospital of Philadelphia maintains a written Conflicts of Interest Policy that applies to, inter alia, all of its Trustees, officers, employees, members of the Medical Staff and researchers of The Children's Hospital of Philadelphia and its affiliates. The Policy requires annual conflicts of interest statements from: Trustees and officers of the Hospital and its affiliates; the President and others in Senior Management; administrative personnel serving at the level of manager and above and certain other categories of employees defined in the conflicts of interest policy (such as persons known to place orders with vendors); Department Chairs, division chiefs and other members of the Medical Staff; members of the Hospital Research Staff; designated employees of practice plans affiliated with the Hospital; and other persons designated by management. The statement tracks the conflicts of interest policy, requiring each person to disclose information for the reporting period regarding the existence and nature of gifts, outside interests, outside activities and other matters constituting a potential, perceived or actual conflict of interest, and to certify that they have read the policy and answered fully, accurately and to the best of their knowledge. After confirmation that all questions have been answered, the statements are reviewed by the relevant Vice President, Department Chair or other executive (or their designee), tracked by the Office of Compliance and Privacy (OC&P), and all statements disclosing potential, perceived or actual conflicts are reviewed initially by the OC&P with further review and follow-up as needed conducted by the Office of General Counsel (OGC). The conflicts statements submitted by Trustees of the Hospital and Foundation, and members of Senior Management, are reviewed by the OGC and OC&P and the disclosures are summarized in memoranda distributed to and reviewed by the members of the Audit, Compliance and risk Committee of the Hospital and Foundation Boards. The remaining conflicts statements containing affirmative disclosures are reviewed by staff in the OGC and OC&P. In reviewing annual statements where an actual, perceived or potential conflict is disclosed, where problems are identified that need to be addressed, the goal is to eliminate or manage the conflict going forward and ensure that, as to employees or others on the Medical or Research Staff, the relevant supervisor is aware of the issue. Summary information about compliance with the policy's requirement to submit annual statements and disclosures contained therein is provided in memoranda to the Audit, Compliance and risk Committee of the Boards. In addition, if any matter involving a potential violation of the conflict of interest policy is brought to the attention of management during the course of the year, a review is conducted by either the relevant department's management, OGC or OC&P, as appropriate. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF EXECUTIVES AND PHYSICIANS/SCIENTISTS IS REVIEWED AND APPROVED BY A JOINT INDEPENDENT COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES OF THE CHILDREN'S HOSPITAL OF PHILADELPHIA AND THE CHILDREN'S HOSPITAL OF PHILADELPHIA FOUNDATION. THE COMMITTEE REVIEWS AND APPROVES IN ADVANCE THE COMPENSATION TO BE PROVIDED TO THE CEO, ALL VICE PRESIDENTS (INCLUDING EXECUTIVE AND SENIOR VP LEVELS), CLINICAL DEPARTMENT CHAIRS, AND ALL FACULTY PHYSICIANS AND SCIENTISTS. FOR EACH SUCH PERSON, THIS PROCESS WAS LAST PERFORMED IN 2016. IN MAKING ITS DETERMINATIONS, THE COMMITTEE CONSIDERS THE PERFORMANCE OF THE ORGANIZATION AND THAT OF THE COVERED INDIVIDUALS AS WELL AS RELATED BUSINESS JUDGMENT FACTORS. IT ALSO CONSIDERS MARKET COMPARISON REPORTS PREPARED BY AN EXTERNAL INDEPENDENT COMPENSATION CONSULTANT WITH SIGNIFICANT EXPERIENCE IN PERFORMING EXECUTIVE AND PHYSICIAN COMPENSATION ASSESSMENTS FOR NOT-FOR-PROFIT HEALTHCARE ORGANIZATIONS. THE COMMITTEE'S PROCESS IS DESIGNED TO QUALIFY FOR THE REBUTTABLE PRESUMPTION OF REASONABLENESS FOR THOSE INDIVIDUALS WHO ARE DISQUALIFIED PERSONS. THE PEER GROUP FOR EXECUTIVES GENERALLY INCLUDES LARGE AND COMPLEX ACADEMIC MEDICAL CENTERS AND HEALTH SYSTEMS. FOR PHYSICIANS AND SCIENTISTS, THE PEER GROUP GENERALLY INCLUDES ACADEMIC MEDICAL CENTERS. INFORMATION FROM OTHER ORGANIZATIONS MAY ALSO BE CONSIDERED WHERE APPROPRIATE FOR THE POSITION. FORM 990, PART VI, SECTION C, LINE 19 FORM 990 AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. THE CONFLICTS OF INTEREST POLICY IS AVAILABLE ON THE CHILDREN'S HOSPITAL OF PHILADELPHIA'S WEBSITE. CONFLICTS OF INTEREST POLICY IS AVAILABLE ON THE CHILDREN'S HOSPITAL OF PHILADELPHIA'S WEBSITE. FORM 990, PART XI, LINE 9 OTHER CHANGES TO TEMP. RESTRICTED NET ASSETS (49,497,308) OTHER CHANGES TO PERM. RESTRICTED NET ASSETS (133,985) OTHER CHANGES/TRANSFERS (4,797,942) RELEASED FROM RESTRICTION 35,464,345 CHANGES IN EQUITY INVESTMENT - SPARK 54,168,076 =========== TOTAL 35,203,186 THE CHILDREN'S HOSPITAL OF PHILADELPHIA 3401 CIVIC CENTER BLVD PHILADELPHIA PA 19104 231352166 HEALTHCARE PA 501(c)(3) 3 CHOP FND true FIRST MEDICAL INSURANCE COMPANY (RRG) C/O MARSH MANAGEMENT SERVICES BURLINGTON VT 05401 010719207 SELF INSURANC VT 501(c)(3) 12 III - FI CHOP true CHOP PRACTICE ASSOCIATION 3401 CIVIC CENTER BLVD PHILADELPHIA PA 19104 232311482 HEALTHCARE PA 501(c)(3) 12 III - FI CHOP true CHOP CLINICAL ASSOCIATES INC C/O CHOP 3401 CIVIC CTR BLVD PHILADELPHIA PA 19104 223548970 HEALTHCARE NJ 501(c)(3) 12 III - FI CHOP true PGH DEVELOPMENT CORPORATION 426 CURIE BLVD PHILADELPHIA PA 19104 232351015 SUPPORT PA 501(c)(3) 12 I NA false CHILDREN'S ANESTHESIOLOGY ASSOC OF NJ 3401 CIVIC CENTER BLVD PHILADELPHIA PA 19104 223405673 HEALTHCARE NJ 501(c)(3) 10 CHOP true CHILDREN'S ANESTHESIOLOGY ASSOC LTD 3401 CIVIC CENTER BLVD PHILADELPHIA PA 19104 232592835 HEALTHCARE PA 501(c)(3) 10 CHOP true CHILDREN'S SURGICAL ASSOCIATES LTD 3401 CIVIC CENTER BLVD PHILADELPHIA PA 19104 232589322 HEALTHCARE PA 501(c)(3) 10 CHOP true SURGICAL ASSOCIATES RESEARCH & EDUCATION 3401 CIVIC CENTER BLVD PHILADELPHIA PA 19104 232181768 RESEARCH PA 501(c)(3) 12 III - FI CHOP true CHILDREN'S SURGICAL ASSOCIATES OF NJ 3401 CIVIC CENTER BLVD PHILADELPHIA PA 19104 223348481 HEALTHCARE NJ 501(c)(3) 10 CHOP true RADIOLOGY ASSOCIATES OF CHOP 100 PENN SQUARE EAST PHILADELPHIA PA 19107 232665855 HEALTHCARE PA 501(c)(3) 10 CHOP true CHILDREN'S HEALTH CARE ASSOCIATES INC 100 PENN SQ E 9TH FL PHILADELPHIA PA 19107 222785804 HEALTHCARE PA 501(c)(3) 10 CHOP true CHILDREN'S HEALTH CARE ASSOCIATES OF NJ 51 HADDONFIELD ROAD CHERRY HILL NJ 08002 233036699 HEALTHCARE NJ 501(c)(3) 10 CHOP true CHILDREN'S RADIOLOGY ASSOCIATES OF NJ 100 PENN SQUARE EAST PHILADELPHIA PA 19107 811626790 HEALTHCARE NJ 501(C)(3) 10 CHOP true 4865 MARKET ASSOC 3401 CIVIC CENTER BLVD PHILADELPHIA PA 19104 461341918 REAL ESTATE PA false true true false false false false false false false false true false true true true false false false The Children's Hospital of Philadelphia B,L,N 437499361 FMV Children's Healthcare Associates B,C 31048763 FMV Children's Surgical Associates LTD B,C 7482331 FMV Children's Anesthesiology Associates LTD B,C 1087905 FMV Radiology Associates of CHOP B,C 7497127 FMV