2016-05-16T16:30:56-05:00 2015-06-30 KPMG LLP 3975 Freedom Circle Dr Suite 100 Santa Clara CA 900712629 990 2014-07-01 953814185 RADY CHILDRENS HOSPITAL RESEARCH CENTER % NISHANTHA RATNAYAKE RADY 8585761700 3020 CHILDRENS WAY MC 5001 SAN DIEGO CA 921234282 KATHLEEN CAIN CFO 2139724000 2016-05-16 true VALERIE J BALL P00178114 4083672747 2016-05-12 2014 2016-08-17 19:52:53Z See Schedule O Donald B Kearns MD MMM 3020 Childrens Way MC 5001 San Diego CA 921234282 17911761 false X WWW.RCHSD.ORG X 1982 CA Rady Children's Hospital Research Center was formed to engage in scientific medical research on behalf of rady children's hospital - san diego. Please see schedule o for more detail 16 15 0 0 0 0 969579 0 0 0 1527613 0 0 0 2497192 0 0 0 0 0 0 0 0 0 0 406046 0 406046 0 2091146 0 44524417 281247 3705762 -281247 40818655 X The institute seeks to: o Translate research findings into new clinical tests and treatments to improve patient outcomes. o Enhance the knowledge in this field among current and future healthcare providers. o Generate and share data and discoveries with other researchers. false false The entity WAS ORIGINALLY ESTABLISHED 1) TO ENGAGE IN SCIENTIFIC MEDICAL RESEARCH TO FIND CURES AND TREATMENTS FOR DISEASES AND DISORDERS WHICH AFFECT CHILDREN; 2) TO DEVELOP CLINICAL PROGRAMS AND TECHNIQUES FOR THE TREATMENT OF CHILDREN WITH PHYSIOLOGICAL OR MENTAL DISORDERS, AND FOR HANDICAPPED CHILDREN; 3) TO ENGAGE IN, CARRY ON, AND CONDUCT CLINICAL RESEARCH TO DISCOVER AND IMPLEMENT MULTIDISCIPLINARY METHODS AND TECHNIQUES FOR THE DIAGNOSIS AND TREATMENT OF PEDIATRIC AND ADOLESCENT ONSET OF DISEASES, DISORDERS, AND LEARNING DISABILITIES; 4) TO RESEARCH ADULT ONSET DISEASES, DISORDERS, AND DISABILITIES FOR WHICH THIS CORPORATION DEVELOPS SPECIAL TECHNIQUES OR EXPERTISE BASED ON ITS EXPERIENCES WITH PEDIATRIC AND ADOLESCENT PATIENTS; AND 5) TO PUBLISH THESES, BULLETINS, DISSERTATIONS AND OTHER WORKS IN PEDIATRIC HEALTH CARE AND DIAGNOSIS WRITTEN BY PERSONNEL OF THIS CORPORATION OR OTHERS, AND TO OTHERWISE DISSEMINATE AND MAKE FREELY AVAILABLE TO THE GENERAL PUBLIC THE RESULTS AND APPLICATIONS OF THE FUNDAMENTAL AND APPLIED RESEARCH AND ANALYTICAL STUDIES PERFORMED BY THIS CORPORATION. true true false false false false false false false false false false false false false true false true false false false false false false false false false false false true false false false false false false false false false false false false false true false false false true 0 0 0 false false false false false false false false false false X 16 15 false false false false true true true 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 David F Hale Chair 0.77 3.06 X X 0 0 0 Scott N Wolfe Esq Board Member 0.32 1.26 X 0 0 0 John M Gilchrist Board Member 0.24 0.95 X 0 0 0 G Diego Miralles MD Board Member 0.18 0.71 X 0 0 0 Gail Knight MD Board Member 0.19 0.77 X 0 0 0 Theodore D Roth Vice Chair 0.24 0.95 X X 0 0 0 Donald B Kearns MD President & CEO 8.0 32.0 X X 0 736780 49212 S Douglas Hutcheson Board Member 0.25 1.02 X 0 0 0 Greg T Lucier Board Member 0.09 0.35 X 0 0 0 Catherine J Mackey PhD Board Member 0.39 1.56 X 0 0 0 Tina Nova PhD Board Member 0.01 0.03 X 0 0 0 Paul J Hering Board Member 0.1 0.88 X 0 0 0 Douglas S Hansen MD Board Member (as of 6/15/15) 0.0 0.0 X 0 0 0 Eugene E Hoyme MD Board Member (as of 6/15/15) 0.0 0.0 X 0 0 0 Philip R Johnson MD Board Member (as of 6/15/15) 0.0 0.0 X 0 0 0 David A Brenner MD Board Member 0.05 0.18 X 0 0 0 Harry M Rady Board Member 0.11 0.44 X 0 0 0 Margareta E Norton EVP/CAO 8.0 32.0 X 0 841384 102546 Roger G Roux SVP, CFO, Treasurer 8.0 32.0 X 0 694197 -141560 Nicholas Matthew Holmes MD SVP, COO 8.0 32.0 X 0 75956 3236 Kathleen Ann Dooley Sellick FRMR President & CEO 0.0 0.0 X 0 1402081 18922 0 3750398 32356 0 true true false 0 969579 969579 0 603564 603564 0 0 0 0 0 16338618 15414569 924049 924049 924049 0 0 0 0 2497192 1527613 X 0 0 0 0 0 0 0 0 0 0 211694 211694 17520 17520 0 0 0 0 169542 169542 131 131 0 0 0 0 3305 3305 0 0 0 0 0 0 MEALS & ENTERTAINMENT 1340 1340 OTHER EXPENSES 2514 2514 406046 0 406046 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 44524417 0 0 0 0 0 0 0 0 0 44524417 0 3705762 0 0 0 0 0 0 0 0 0 0 0 0 0 0 281247 0 281247 3705762 X -281247 40536369 0 282286 0 0 -281247 40818655 0 44524417 X 2091146 -991244 40000000 X false true X true false X X 1 Rady Childrens Hospital and Health Center 953545901 7 true 0 406046 1 406046 true false false false false false false false false false false false false false false true false SCHEDULE A, PART I, LINE 11(H) THE ORGANIZATION was formed to PROVIDE OR PURCHASE FOR THE BENEFIT OF RADY CHILDREN'S HOSPITAL AND HEALTH CENTER VARIOUS SERVICES, FACILITIES AND GOODS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 X Form Sch D Part X Line 2 U.S. GAAP requires management to evaluate tax positions taken by RCHHC and recognize a tax liability (or asset) if the organization has taken an uncertain tax position that more likely than not would not be sustained upon examination by the Internal Revenue Service. RCHHC has not taken any significant uncertain tax positions therefore no liability (or asset) has been recognized as of June 30, 2015. true true false false false false false false false Margareta E Norton EVP/CAO 0 590657 0 141665 0 109062 0 80460 0 22086 0 943930 0 77529 Roger G Roux SVP, CFO, Treasurer 0 461559 0 129276 0 103362 0 -163796 0 22236 0 552637 0 82274 Donald B Kearns MD President & CEO 0 581357 0 147875 0 7548 0 40284 0 8928 0 785992 0 0 Kathleen Ann Dooley Sellick FRMR President & CEO 0 194204 0 0 0 1207877 0 12399 0 6523 0 1421003 0 0 SCHEDULE J, PART I, LINE 3 Rady Children's Hospital Research Center (RCHRC) relied on a related organization, Rady Children's Hospital and Health Center (RCHHC), that uses 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 4a PURSUANT TO THE TERMS OF HER EMPLOYMENT AGREEMENT, UPON SEPARATION FROM THE ORGANIZATION UNDER CERTAIN CIRCUMSTANCES, MS. SELLICK, PRESIDENT AND CEO, IS ENTITLED TO RECEIVE A SEVERANCE PAYMENT. The following payment was made under this arrangement during the calendar year 2014, $1,174,024. Form Sch J Part I Line 4b Rady Children's Hospital San Diego had established A NON-QUALIFIED PLAN PURSUANT TO 457(F) OF THE INTERNAL REVENUE CODE. THE PURPOSE OF THIS PLAN IS TO INCENTIVIZE RADY CHILDREN'S HOSPITAL - SAN DIEGO ELIGIBLE SENIOR MANAGEMENT EMPLOYEES (PRESIDENT, SENIOR VICE PRESIDENTS, VICE PRESIDENTS, SENIOR DIRECTORS) IN RECOGNITION OF THE FACT THAT THEY ARE REQUIRED TO DEVOTE SIGNIFICANT AMOUNTS OF TIME, SKILL AND ENERGY TO THE ORGANIZATION AND TO PROVIDE THESE INDIVIDUALS WITH ADDITIONAL DEFERRAL OPPORTUNITIES. THE AMOUNTS INCLUDED 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. Form 990, Item C Rady Childrens Hospital Research Center is doing business as Rady Pediatric Genomics and Systems Medicine Institute. Form 990 Part VI Line 6 RADY CHILDREN'S HOSPITAL AND HEALTH CENTER (RCHHC) IS THE SOLE MEMBER AS THAT TERM IS DEFINED IN CALIFORNIA CORPORATIONS CODE 5056 (MEMBER) OF RADY CHILDREN'S HOSPITAL RESEARCH CENTER (RCHRC). FORM 990,PART VI SECTION A, LINES 7A AND 7B THE RCHRC BOARD OF DIRECTORS CONSISTS OF THOSE INDIVIDUALS SERVING AS THE BOARD OF TRUSTEES OF THE MEMBER. ONLY THE MEMBER MAY REMOVE A DIRECTOR. THE FOLLOWING ACTIONS OF THE RCHRC BOARD REQUIRE "PRIOR WRITTEN APPROVAL" OF THE MEMBER TO BE EFFECTIVE: O ANY AMENDMENT, REVISION, MODIFICATION OF THE ARTICLES OF INCORPORATION OR THE BYLAWS O ANY CHANGE IN THE NATURE OF THE BUSINESS ACTIVITIES OF RCHRC O APPROVAL OF OPERATING AND CAPITAL BUDGETS OF RCHRC O BORROWING ANY AMOUNT OR INCURRING ANY DEBT IN THE AMOUNT OF $100,000 OR MORE O MAKING OR INCURRING ANY UNBUDGETED EXTRAORDINARY OR NON-RECURRING EXPENSE OR EXPENDITURE OF $100,000. THE RCHRC BOARD CANNOT AUTHORIZE OR DIRECT ANY OFFICER OF RCHRC TO PERFORM OR COMMIT ANY OF THE FOLLOWING ACTS, WITHOUT PRIOR WRITTEN APPROVAL OF THE MEMBER: O BORROW MONEY IN RCHRC'S NAME OR UTILIZE PROPERTY OWNED BY RCHRC AS SECURITY FOR LOANS, EXCEPT IN THE ORDINARY COURSE OF BUSINESS O MAKE, EXECUTE, OR DELIVER ANY ASSIGNMENT FOR THE BENEFIT OR CREDITORS, OR ANY BOND, CONFESSION, JUDGMENT, CHATTEL MORTGAGE, SECURITY AGREEMENT, DEED, GUARANTY, INDEMNITY BOND, SURETY BOND, CONTRACT TO SELL OR BILL OF SALE OF THE PROPERTY OF RCHRC, EXCEPT IN THE ORDINARY COURSE OF BUSINESS. O ACQUIRE, PURCHASE, DEVELOP, IMPROVE, SELL, LEASE OR MORTGAGE ANY CORPORATE REAL ESTATE OR ANY INTEREST THEREIN OR ENTER INTO ANY CONTRACT FOR ANY SUCH PURPOSES. O MAKE ANY LOAN OR INVESTMENT OF ANY RCHRC ASSETS, OR ENTER INTO ANY CONTRACT OR INCUR ANY LIABILITY ON BEHALF OF RCHRC OTHER THAN FOR FAIR CONSIDERATION OR IN THE ORDINARY COURSE OF BUSINESS RELATING TO ITS NORMAL DAILY OPERATION. Form 990 Part VI Section B, Line 11a REVIEW OF FORM 990 THE FORM 990 WAS REVIEWED BY THE CFO AND THEN PROVIDED TO THE ORGANIZATION'S AUDIT AND CORPORATE RESPONSIBILITY COMMITTEE FOR REVIEW. FOLLOWING REVIEW BY THE COMMITTEE, THE RETURNS WERE 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, Part VI, Section B, Line 12C CONFLICT OF INTEREST POLICY 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 ANY SUCH RELATED 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 DETERMINATION OF COMPENSATION RADY CHILDREN'S HOSPITAL AND HEALTH CENTER/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. 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 THE FEDERAL TAX LAWS DO NOT MANDATE THAT THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY BE MADE AVAILABLE FOR PUBLIC INSPECTION. THE ORGANIZATION MAKES ITS FINANCIAL STATEMENTS AVAILABLE UPON REQUEST AND THEY ARE ALSO ATTACHED TO THIS FORM 990. Part XI, Reconciliation of Net Assets, Line 9 Other changes in net assets or fund balance Equity Transfer from RCHSD 40,000,000 FORM 990 PART IX LINE 11G DESCRIPTION:Other Purchased Services TOTAL FEES:169542 RADY CHILDREN'S HOSPITAL - SAN DIEGO 3020 CHILDRENS WAY MC 5001 SAN DIEGO CA 92123 951691313 HOSPITAL CA 501(C)(3) 3 RCHHC false RADY CHILDREN'S HOSPITAL AND HEALTH CENT 3020 CHILDRENS WAY MC 5001 SAN DIEGO CA 92123 953545901 SUPPORT AFFIL CA 501(C)(3) 7 NA false RADY CHILDREN'S HOSPITAL FOUNDATION-SD 3020 CHILDRENS WAY MC 5001 SAN DIEGO CA 92123 330170626 FUNDRAISING CA 501(C)(3) 7 RCHHC false RADY CHILDREN'S HEALTH SERVICES 3020 CHILDRENS WAY MC 5001 SAN DIEGO CA 92123 330278018 SUPPORT RCHHC CA 501(C)(3) 11A RCHHC false CHILDREN'S HOSPITAL INSURANCE LTD CANONS COURT 22 VICTORIA STREET HAMILTON BD HM12 330670694 INSURANCE CAPTIVE BD RCHHC C Corp false RADY CHILDREN'S PHYSICIAN MANAGEMENT SER 3860 CALLE FORTUNADA SUITE 200 SAN DIEGO CA 92123 330670694 RCHHC C Corp false CHILDREN'S HOSP INTEGRATED RISK PROT LTD DORCHESTER HOUSE PO BOX 2020 Hamilton BD HM12 000000000 INSURANCE CAPTIVE BD RCHHC C Corp false false false true false false false false false false false false false false false false false false false true