2014-05-12T14:13:06-05:00 2013-06-30 PricewaterhouseCoopers LLP 2001 MARKET ST SUITE 1700 PHILADELPHIA PA 19103 990 2012-07-01 232237932 THE CHILDREN'S HOSPITAL OF PHILADELPHIA FOUNDATION % THOMAS TODOROW CHIL 2155901000 34TH ST CIVIC CENTER BLVD Suite PHILADELPHIA PA 19104 THOMOS TODOROW 2155901000 2014-05-08 true 2673303000 2012 2015-11-30 17:44:51Z STEVEN M ALTSCHULER MD 34TH ST CIVIC CENTER BLVD PHILADELPHIA PA 19104 1252758401 false X WWW.CHOP.EDU X 1983 PA RAISE CHARITABLE CONTRIBUTIONS TO SUPPORT THE TAX-EXEMPT ACTIVITIES OF THE CHILDREN'S HOSPITAL OF PHILADELPHIA. 30 26 0 297 158604 69199000 86327000 0 0 41429512 108936820 0 0 110628512 195263820 78332361 77770300 0 0 11719902 12796040 0 1827309 9786026 7166395 5614818 97218658 98008467 13409854 97255353 1188814104 1343272242 216457288 282705379 972356816 1060566863 RAISE CHARITABLE CONTRIBUTIONS TO SUPPORT THE TAX-EXEMPT ACTIVITIES OF THE CHILDREN'S HOSPITAL OF PHILADELPHIA. false false 77770300 77770300 0 Hospital Parent 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0 0 0 A LORRIS BETZ MD PHD 1.0 1.0 X 0 0 0 MORTIMER J BUCKLEY III 1.0 1.0 X X 0 0 0 REID S BUERGER 1.0 1.0 X 0 0 0 DOMINIC J CARUSO 1.0 1.0 X 0 0 0 ALAN COHEN MD 1.0 44.0 X 0 945339 46377 TRISTAM C COLKET JR 1.0 1.0 X 0 0 0 ARTHUR DANTCHIK 1.0 1.0 X 0 0 0 MARK FISHMAN 1.0 2.0 X X 0 0 0 LYNNE L GARBOSE ESQ 1.0 1.0 X 0 0 0 ANTHONY A LATINI 1.0 1.0 X X 0 0 0 SHIRLEY HILL 1.0 1.0 X 0 0 0 JAMES L MCCABE 1.0 1.0 X 0 0 0 JOHN MILLIGAN CPA 1.0 1.0 X 0 0 0 ASUKA NAKAHARA 1.0 1.0 X 0 0 0 R ANDERSON PEW 1.0 1.0 X 0 0 0 GERALD D QUILL 1.0 1.0 X 0 0 0 MARK E DENNEEN 1.0 1.0 X 0 0 0 DAVID B RUBENSTEIN 1.0 1.0 X 0 0 0 DANIEL T ROBLE 1.0 1.0 X 0 0 0 ANNE FAULKNER SCHOEMAKER 1.0 2.0 X 0 0 0 SALEM D SHUCHMAN 1.0 2.0 X 0 0 0 KORNELIS SMIT 1.0 1.0 X 0 0 0 BINNEY WIETLISBACH 1.0 1.0 X 0 0 0 NANCY WOLFSON 1.0 1.0 X 0 0 0 SHARAD MANSUKANI 1.0 1.0 X 0 0 0 THOMAS TODOROW 1.0 42.0 X 0 1711036 33453 MARGARET M JONES 1.0 40.0 X 0 1177605 12781 JEFFREY D KAHN 1.0 40.0 X 0 708878 36987 0 10221443 1848994 0 false true false Gryphon International 20 BAY STREET SUITE 1905 MJ5 2N8 TORONTO ONTARIO CA Investment Services 400300 Iridian Asset Management 276 POST ROAD WEST PITTSBURGH PA 15228 Investment Services 276724 Schultz Williams Inc 325 Chestnut Street Philadelphia PA 19106 FUNDRAISER/MARKETER 1710036 W R Huff Asset Management 1776 On The Green MORRISTOWN NJ 07960 Investment Services 208784 GIA Partners LLC 12 East 49th Street NEW YORK NY 10017 Investment Services 179320 12 4012485 10995326 71319189 5346211 86327000 0 14217112 158604 14058508 0 0 0 0 0 1151487362 1056767654 94719708 94719708 94719708 726927 4012485 726927 0 0 0 0 195263820 158604 108778216 77770300 77770300 0 0 0 5499098 3684396 1814702 0 5779689 3872392 1907297 0 1517253 1016560 500693 0 0 46101 46101 0 0 1827309 1827309 1878793 1878793 131706 131706 349723 349723 1074554 1074554 115524 115524 0 150674 150674 354111 354111 0 0 0 0 40003 40003 0 Purchased Services 646232 646232 Special Functions/Projects 707041 707041 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1091470000 936085000 15834000 92487000 47529000 996877000 1330934000 17306000 -170005000 242150000 936085000 0.86323 0.10399 0.03278 false false 1465636 1218787 246849 246849 371229909 F 371229909 0 DUE TO THE CHILDREN'S HOSPITAL 280652959 280652959 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 services in accordance with any stipulated donor restrictions. Europe (Including Iceland and Greenland) Investments 13882260 Central America & the Caribbean Investments 260663318 East Asia and the Pacific Investments 3849544 278395122 278395122 CHILDREN'S HEALTH CARE ASSOCIATES, INC. N/A FMV true false false false true false X X X X X X true SCHULTZ WILLIAMS INC 325 CHESTNUT STREET SUITE 700 PHILADELPHIA PA 19106 DIRECT MAIL false 2017558 1688336 329222 GRENZEBACH GILER ASSOC 401 NORTH MICHIGAN AVENUE SUITE 28 CHICAGO IL 60611 FUNDRAISING CONSULTING false 0 89620 -89620 SCHULTZ WILLIAMS INC - PLANNED 325 CHESTNUT STREET SUITE 700 PHILADELPHIA PA 19106 PLANNED GIVING false 10323 21700 -11377 ARTSMARKETING SERVICES INC 260 KING ST EAST SUITE 500 TORONTO ONTARIO CA M5A 4L5 BEQUEST SOLICITING false 10000 27653 -17653 2037881 1827309 210572 AL AK AZ AR CA CO CT DC FL GA IL KS KY LA ME MD MA MI MN MS MO NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI Daisy Day 1373730 1230343 143387 143387 Parkway Run 885604 815936 69668 69668 13 2480078 1966206 513872 513872 4739412 4012485 726927 726927 726927 PART I, LINES 3 & 4 THE AMOUNT PAID TO THE FUNDRAISER REPORTED ON LINE 1 COLUMN (V) INCLUDES REIMBURSEMENT OF DIRECT EXPENSES. FUNDRAISING EFFORTS REPORTED IN LINES 3 AND 4 WERE AIMED AT INCREASING PLANNED GIVING. WHILE THERE WAS NO EXPECTATION OF IMMEDIATE RECEIPTS FROM EITHER OF THESE EFFORTS, SOME DONORS PROVIDED ANNUAL GIFTS IN RESPONSE TO RECEIVING THESE PIECES OF DIRECT MAIL. true The Children's Hospital of Philadelphia 34th St Civic Center Blvd Philadelphia PA 19104 231352166 501 (c) (3) 67395150 FMV N/A Children's Healthcare Associates Inc 34th St Civic Center Blvd Philadelphia PA 19104 223548970 501 (c) (3) 4856300 FMV N/A Children's Surgical Associates Inc 34th St Civic Center Blvd Philadelphia PA 19104 232589322 501 (c) (3) 3608169 FMV N/A Children's Anesthesiology Associates LTD 34th St Civic Center Blvd Philadelphia PA 19104 232592835 501 (c) (3) 559832 FMV N/A RADIOLOGY ASSOCIATES OF CHOP 100 PENN SQUARE EAST PHILADELPHIA PA 19017 232665855 501 (c) (3) 1350849 FMV N/A 5 MONITORING PROCEDURES SCHEDULE I, PART I 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 LAWSON, THE FOUNDATION'S ENTERPRISE RESOURCE PLANNING SOFTWARE, AS THEY ARE MADE. X X X X X false true false false false false false true false STEVEN M ALTSCHULER MD 0 1021135 0 1006044 0 2279772 0 1564109 0 20458 0 5891518 0 1334812 THOMAS TODOROW 0 634375 0 468750 0 607911 0 5000 0 28453 0 1744489 0 363806 MARGARET M JONES 0 418180 0 309000 0 450425 0 5000 0 7781 0 1190386 0 307800 N SCOTT ADZICK MD 0 856901 0 379907 0 134826 0 122500 0 12329 0 1506463 0 0 ALAN COHEN MD 0 593000 0 260268 0 92071 0 31950 0 14427 0 991716 0 0 JEFFREY D KAHN 0 392044 0 289688 0 27146 0 5000 0 31987 0 745865 0 0 SUPPLEMENTAL INFORMATION SCHEDULE J, PART I, LINE 4B Some officers, directors, and key employees listed in Form 990, Part VII participate in Supplemental Executive Retirement Plans ("SERPs"). Any SERP payments are reported in Part II Column (B)(iii). SCHEDULE J, PART I, Line 7 Incentives are available for members of senior management and department chairs based on achievement of organization and individual goals typically related to quality, operating, and financial performance as well as other significant clinical, quality, and scientific achievements. Payment of incentives is dependent upon achieving sufficient operating margin to fund the incentives. 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 80 5346211 MARKET QUOTES false true false 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 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 and Radiology Associates of Children's Hospital, Inc. Part VI, Section B, Line 11B A copy of this return was reviewed by the Board Audit & Compliance 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 an accessible shared computer network drive 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 and Compliance 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 and Compliance 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 an independent Compensation Committee of the Boards of Trustees. 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 2012. 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, 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. Part XI, Line 9 Changes To Temporarily Restricted Net Assets (44,026,555) Other Changes / Transfers (8,727,393) Net Assets Released from Restrictions 14,336,220 ---------- TOTAL (38,417,728) THE CHILDREN'S HOSPITAL OF PHILADELPHIA 34TH ST 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) 11 III - FI CHOP true CHOP PRACTICE ASSOCIATION 34TH ST CIVIC CENTER BLVD PHILADELPHIA PA 19104 232311482 HEALTHCARE PA 501(c)(3) 9 CHOP true CHOP CLINICAL ASSOCIATES INC C/O CHOP 34TH ST CIVIC CTR PHILADELPHIA PA 19104 223548970 HEALTHCARE NJ 501(c)(3) 11 III - FI CHOP true PGH DEVELOPMENT CORPORATION 426 CURIE BLVD PHILADELPHIA PA 19104 232351015 SUPPORT PA 501(c)(3) 11 I NA false CHILDREN'S ANESTHESIOLOGY ASSOC OF NJ 34TH ST CIVIC CENTER BLVD PHILADELPHIA PA 19104 223405673 HEALTHCARE NJ 501(c)(3) 9 CHOP true CHILDREN'S ANESTHESIOLOGY ASSOC LTD 34TH ST CIVIC CENTER BLVD PHILADELPHIA PA 19104 232592835 HEALTHCARE PA 501(c)(3) 9 CHOP true CHILDREN'S SURGICAL ASSOCIATES LTD 34TH ST CIVIC CENTER BLVD PHILADELPHIA PA 19104 232589322 HEALTHCARE PA 501(c)(3) 9 CHOP true SURGICAL ASSOCIATES RESEARCH & EDUCATION 34TH ST CIVIC CENTER BLVD PHILADELPHIA PA 19104 232181768 RESEARCH PA 501(c)(3) 11 III - FI CHOP true CHILDREN'S SURGICAL ASSOCIATES OF NJ 34TH ST CIVIC CENTER BLVD PHILADELPHIA PA 19104 223348481 HEALTHCARE NJ 501(c)(3) 9 CHOP true RADIOLOGY ASSOCIATES OF CHOP 100 PENN SQUARE EAST PHILADELPHIA PA 19107 232665855 HEALTHCARE PA 501(c)(3) 9 CHOP true CHILDREN'S HEALTH CARE ASSOCIATES INC 100 PENN SQ E 9TH FL PHILADELPHIA PA 19107 222785804 HEALTHCARE PA 501(c)(3) 9 CHOP true CHILDREN'S HEALTH CARE ASSOCIATES OF NJ 51 HADDONFIELD ROAD CHERRY HILL NJ 08002 233036699 HEALTHCARE NJ 501(c)(3) 9 CHOP true 4865 MARKET ASSOC 34TH ST CIVIC CENTER BLVD PHILADELPHIA PA 19104 461341918 REAL ESTATE PA N/A false true true false false false false false true false false true true true true true true true true THE CHILDREN'S HOSPITAL OF PHILADELPHIA B,C,I 67395150 FMV CHILDREN'S HEALTH CARE ASSOCIATES INC B 4856300 FMV CHILDREN'S SURGICAL ASSOCIATES LTD B 3608169 FMV CHILDREN'S ANESTHESIOLOGY ASSOCIATES LTD B 559832 FMV RADIOLOGY ASSOCIATES OF CHOP B 1350849 FMV CHILDREN'S HEALTH CARE ASSOCIATES INC C 4086100 FMV CHILDREN'S SURGICAL ASSOCIATES LTD C 3408976 FMV CHILDREN'S ANESTHESIOLOGY ASSOCIATES LTD C 500250 FMV RADIOLOGY ASSOCIATES OF CHOP C 3000000 FMV