2018-05-17T13:06:07-05:00 2017-06-30 KPMG LLP 3975 Freedom Circle Dr Suite 100 Santa Clara CA 95054 990 2016-07-01 953545901 RADY CHILDREN'S HOSPITAL AND HEALTH CENTER % NISHANTHA RATNAYAKE RADY 8585761700 3020 CHILDRENS WAY MC 5001 SAN DIEGO CA 921234282 KATHLEEN CAIN cfo 2018-05-14 true valerie ball P00178114 4083675764 2018-05-14 2016 2022-09-23 18:48:47Z Donald B Kearns MD MMM 3020 CHILDRENS WAY MC 5001 SAN DIEGO CA 921234282 30930396 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. 23 22 0 266723 1690557 1154176 0 0 2593221 3033765 -129047 0 4154731 4187941 2060585 0 0 0 0 0 0 0 0 57447 69721 2118032 69721 2036699 4118220 56614139 62584628 1047133 769453 55567006 61815175 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 true 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 X 23 22 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 THEODORE D ROTH CHAIR (up to 12/2016) 4.0 9.0 X X 0 0 0 MICHAEL P PECKHAM Chair (from 12/2016) 4.0 9.0 X X 0 0 0 LISA A BARKETT 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 J FARRELL BOARD MEMBER 2.0 2.0 X 0 0 0 JOHN M GILCHRIST JR BOARD MEMBER 2.0 2.5 X 0 0 0 DAVID F HALE BOARD MEMBER 2.0 6.0 X 0 0 0 PAUL J HERING BOARD MEMBER 2.0 8.0 X 0 0 0 S DOUGLAS HUTCHESON vice chair (from 1/2017) 4.0 7.0 X X 0 0 0 JEFFREY A JACOBS 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 4.5 X 0 0 0 HENRY L NORDHOFF BOARD MEMBER 2.0 4.0 X 0 0 0 TINA S NOVA PHD BOARD MEMBER 2.0 6.0 X 0 0 0 HARRY M RADY BOARD MEMBER 2.0 4.0 X 0 0 0 MARK A SNELL BOARD MEMBER (up to 3/2017) 2.0 2.0 X 0 0 0 SCOTT N WOLFE ESQ BOARD MEMBER 2.0 2.5 X 0 0 0 MARIA ASSARAF BOARD MEMBER 2.0 6.0 X 0 0 0 DAVID A BRENNER MD BOARD MEMBER 2.0 4.0 X 0 0 0 DANIELA S CARVALHO MD BOARD MEMBER 2.0 2.0 X 0 0 0 PRADEEP KHOSLA PHD BOARD MEMBER 2.0 2.0 X 0 0 0 JOHN D STOBO MD BOARD MEMBER 2.0 2.0 X 0 0 0 ANDREW ZIMMERMAN MD BOARD MEMBER 2.0 2.5 X 0 56650 0 MARGARETA E NORTON Secretary, SVP, CAO 8.0 42.0 X 0 871850 123991 KATHLEEN M CAIN Treasurer, SVP, CFO 8.0 42.0 X 0 483059 24903 DONALD B KEARNS MD MMM PRESIDENT & CEO 8.0 42.0 X 0 1210427 111576 NICHOLAS HOLMES MD SVP, COO 0.0 50.0 X 0 635935 43777 Gail Knight SVP, CMO 0.0 50.0 X 0 430110 15788 Belinda Santos-Ramirez Assistant Secretary 4.0 46.0 X 0 117145 31694 Stephen Jennings Sr VP, Exec Dir Foundation 0.0 50.0 X 0 510688 61306 0 4315864 413035 0 false true false NONE 0 1154176 1154176 0 542880 266723 276157 0 0 0 0 0 29233340 26742455 2490885 2490885 2490885 0 0 0 0 0 0 0 0 0 0 0 4187941 266723 2767042 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 69721 69721 0 0 0 0 0 0 0 0 0 0 0 0 0 69721 0 69721 0 150 0 0 0 2311844 2409692 422 0 0 0 0 0 0 0 0 0 0 0 0 0 46591327 43452391 6931606 15720221 0 0 0 0 778790 1002324 56614139 62584628 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1047133 769453 1047133 769453 X 54097380 60251650 995747 1089646 473879 473879 55567006 61815175 56614139 62584628 X 4118220 3361862 -6074 -1225839 X false true X true false X X 1 RADY CHILDREN'S HOSPITAL SAN DIEGO 951691313 3 false 0 69931 1 0 69931 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. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 93441640 2751574 9143887 3522210 102129 101712762 77890677 19892990 -1413872 2851124 77031 93441640 76459422 3208716 1216883 2924611 69733 77890677 66856590 3840383 8518179 2621634 134096 76459422 48036828 15277050 5535660 0 1920393 72555 66856590 0.65020 0.30710 0.04270 true true true EMPYREAN CAPITAL OFFSHORE FUND 2268794 F DW CATALYST FUND 1071006 F OCH-ZIFF CREDIT OPPORTUNITIES 1235312 F 36 SOUTH 1248135 F TSE CAPITAL 1365377 F HIGHLINE SELECT 1359339 F MARSHALL WACE EUREKA 1387560 F TAMARACK GLBL HEALTHCARE FUND 1522840 F AMERICAN SECURITIES PARTNERS V 187259 F STEPSTONE SECONDARY OPPS 235678 F GOLDMAN SACHS VINTAGE FUND IV, 87797 F TRG GROWTH PARTNERSHIP 148887 F CVC CREDIT PTRS GLOBAL SPECIAL 157460 F GOLDMAN SACHS CAPITAL PARTNERS 100357 F FORTISSIMO CAPITAL FUND IV 55647 F YORKTOWN ENERGY PARTNERS IX 91005 F AMERICAN SECURITIES PTRS VI 264794 F AMERICAN SECURITIES PTRS VII 127545 F MILLENNIUM TECH VALUE PTRS 110189 F STEPSTONE SEC OPPORTUNITY FUND 198969 F AMERICAN INDUSTRIAL PTRS CAP V 251221 F PATRIA BRAZILIAN PVT EQUITY V 122928 F WHITE DEER ENERGY II 225571 F NY LIFE INSURANCE 2023 F OAKTREE EUR PRINCIPAL FUND III 210418 F PATRIA BRAZILIAN PVT EQUITY V 23832 F VISTA EQUITY PARTNERS V 251701 F TPG PARTNERS VII 209413 F AMERICAN INDUSTRIAL PTR CAP VI 99299 F ADVENT INTERNATIONAL GPE VIII 59811 F U.S. FARMING 270400 F ACTIS ENERGY 3 195354 F RIVERSTONE GLOBAL ENERGY VI 143827 F ISQ GLOBAL FUND 270534 F ENCAP ENERGY 75358 F GLOBAL INFRASTRUCTURE PARTNERS 84581 F 15720221 0 PAYABLE TO BENEFICIARIES 769453 769453 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, 2017. Central America and the Caribbean Program Services Offshore captive mgt 3826929 Central America and the Caribbean Investments 32365157 Europe (Including Iceland and Greenland) Investments 1973951 38166037 38166037 true false true true 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 MARGARETA E NORTON Secretary, SVP, CAO 0 590319 0 168569 0 112962 0 113832 0 10159 0 995841 0 0 KATHLEEN M CAIN Treasurer, SVP, CFO 0 379075 0 91292 0 12692 0 11098 0 13805 0 507962 0 0 DONALD B KEARNS MD MMM PRESIDENT & CEO 0 837132 0 294679 0 78616 0 95091 0 16485 0 1322003 0 0 NICHOLAS HOLMES MD SVP, COO 0 470110 0 139781 0 26044 0 22115 0 21662 0 679712 0 0 Gail Knight SVP, CMO 0 316988 0 102161 0 10961 0 9485 0 6303 0 445898 0 0 Stephen Jennings Sr VP, Exec Dir Foundation 0 356058 0 110236 0 44394 0 41294 0 20012 0 571994 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 ESTABLISH 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 the amounts under this plan are reported on Form W-2 as taxable compensation to the individual. 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 $ 272,587 Interest from RCPMS $ 147,077 investment in chirpl $(1,923,499) investment in rcpms $ 277,996 =================================================== total other changes in fund balance $ (1,225,839) 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 0 1361498 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. 232625 15843620 1.00000 true Children's Hospital Insurance Limited Canons Court 22 Victoria Street Hamilton BD HM12 999999999 Captive Insur BD CHIRP C corp 2418000 13242531 1.00000 true CRUT(6) 3020 CHILDRENS WAY MC 5133 SAN DIEGO CA 921234282 crut CA RCHHC 1.00000 true false true true true false false false false false false false false true true true true false false false CHILDREN'S HOSPITAL INSURANCE LIMITED b 150000 see part vii RADY CHILDREN'S PHYSICIAN MGMT SVCS d 1167843 see part vii RADY CHILDREN'S HOSPITAL FOUNDATION b 65 see part vii RADY CHILDREN'S HOSPITAL - SAN DIEGO c 1148102 see part vii RADY CHILDREN'S PHYSICIAN MGMT SVCS a(ii) 147076 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.