2014-08-15T09:41:37-05:00 2013-09-30 BKD LLP 2800 Post Oak Blvd Ste 3200 HOUSTON TX 77056 990 2012-10-01 752051649 WI COOK FOUNDATION INC % CORY RHOADES WICO 6828854000 801 SEVENTH AVENUE Suite FORT WORTH TX 76104 RICK MERRILL 6828854000 2014-08-15 true M Paige Gerich 7134994600 2012 2015-11-30 17:44:51Z RICK W MERRILL 801 SEVENTH AVE FORT WORTH TX 76104 477419874 false X WWW.COOKCHILDRENS.ORG X 1985 TX KNOWING THAT EVERY CHILD'S LIFE IS SACRED, IT IS THE PROMISE OF COOK CHILDREN'S TO IMPROVE THE HEALTH OF EVERY CHILD IN OUR REGION THROUGH THE PREVENTION AND TREATMENT OF ILLNESS, DISEASE, AND INJURY. 32 30 40 94 -89862 -89862 16324114 19840258 0 0 44186450 48626376 0 0 60510564 68466634 51487969 11287788 0 0 4274478 4038309 14680 16734 3720031 1293316 1546775 57070443 16889606 3440121 51577028 861568111 1102695793 2270587 2457444 859297524 1100238349 X KNOWING THAT EVERY CHILD'S LIFE IS SACRED, IT IS THE PROMISE OF COOK CHILDREN'S TO IMPROVE THE HEALTH OF EVERY CHILD IN OUR REGION THROUGH THE PREVENTION AND TREATMENT OF ILLNESS, DISEASE, AND INJURY. false false 12664253 11287788 COOK CHILDREN'S HEALTH FOUNDATION WAS FOUNDED TO HELP DRIVE THE PHILANTHROPIC CULTURE OF COOK CHILDREN'S HEALTH CARE SYSTEM AND SUPPORT ITS PROMISE TO IMPROVE THE HEALTH OF EVERY CHILD IN ITS REGION. THROUGH FUNDRAISING AND OUTREACH EFFORTS, THE FOUNDATION IS DEDICATED TO MAINTAINING CLINICAL EXCELLENCE, ENHANCING PATIENT AND FAMILY-CENTERED CARE, FOSTERING LEADING-EDGE RESEARCH AND SUPPORTING COOK CHILDREN'S EXPANSION OF SERVICES AND GROWTH INITIATIVES. IN 2013, COOK CHILDREN'S HEALTH FOUNDATION RAISED $19.8 MILLION DOLLARS IN SUPPORT OF PROGRAM DEVELOPMENT, CLINICAL RESEARCH AND THE RECENT EXPANSION OF COOK CHILDREN'S MEDICAL CENTER. 12664253 true true false false false false false false false true true false false false true false false true false false true false false true false false false true false true false false false false false true false true true false false false false true true true false false true 40 0 true 40 true false false false false false false false false false false false X 32 30 true false false false false false false true true false false true true true true true true true true false X CORY RHOADES 6828854480 801 SEVENTH AVENUE FORT WORTH TX 76104 R JEFFREY ALEXANDER 2.0 1.0 X X ROBIN W ARENA 1.0 1.0 X G THOMAS BOSWELL 1.0 1.0 X JULIA DAVIDSON 1.0 1.0 X JAMES R DUNAWAY JR 1.0 3.0 X RANDY EISENMAN 1.0 0.0 X DAVID G FISCHER 1.0 0.0 X RUSSELL L FLEISHER 1.0 0.0 X RICHARD F GARVEY 1.0 2.0 X RAFAEL G GARZA 1.0 1.0 X JOY ANN HAVRAN 1.0 0.0 X NANCY KAY HOWARD 1.0 1.0 X MASON D KING 1.0 0.0 X NICK KYPREOS 1.0 0.0 X GEORGE F LEBUS 1.0 1.0 X G MALCOLM LOUDEN 1.0 2.0 X DAN E LOWRANCE 1.0 0.0 X TRACY MCGEHEE 1.0 0.0 X SKYLAR P MERRIFIELD 1.0 0.0 X WILLIAM E ROSENTHAL 1.0 1.0 X LINDA MORRIS ELSEY 1.0 0.0 X BRIAN NEWBY 1.0 1.0 X MICHAEL R PAVELL 1.0 3.0 X WIN RYAN 1.0 0.0 X VICKIE V STEVENS 1.0 1.0 X GARY G WALSH 1.0 1.0 X JAMES E WEBB 2.0 2.0 X X GEORGE M YOUNG JR 1.0 0.0 X BRIAN D BARNARD 1.0 1.0 X MARTIN H ENGLANDER 1.0 1.0 X TODD N RITTERBUSCH 1.0 0.0 X PETER L PHILPOTT 2.0 5.0 X X KENT HORST 1.0 0.0 X RYAN MATTHEWS 1.0 0.0 X BECCA STUPFEL 1.0 0.0 X ROBERT K FEATHER 40.0 0.0 X 548386 36662 RICHARD P GOODE 2.0 38.0 X 43078 818474 32851 CARA MARTZ 1.0 39.0 X 136284 7967 RICK W MERRILL 8.0 32.0 X 410544 1642175 86679 GEORGE B MONTAGUE 2.0 38.0 X 373087 28094 PATRICK B O'CONNOR 40.0 0.0 X 390887 17894 GRANT HARRIS 40.0 0.0 X 270044 25440 LESLEY ATKINSON 40.0 0.0 X 160952 10768 JENNIFER JOHNSON 40.0 0.0 X 199590 17762 TIMOTHY PLOCICA 40.0 0.0 X 114373 3987 APURVA MEHTA 40.0 X 172874 19456 2310728 2970020 287560 8 false true false 0 19840258 26208 19840258 0 11020140 -89862 11110002 0 0 0 0 0 446559476 408953240 37606236 37606236 37606236 0 0 0 0 68466634 -89862 48716238 11287788 11287788 0 0 0 1542898 462287 339162 741449 0 1757147 481796 1275351 0 738264 205015 533249 0 160838 160838 45582 36141 9441 0 0 16734 16734 0 388420 614 387806 306054 306054 79223 4441 74782 0 0 31148 31148 173106 153504 19602 0 5322 5322 0 0 10416 10416 0 DUES & SUBSCRIPTIONS 222223 960 221263 FOOD 71725 559 71166 AWARDS & RECOGNITION 36989 36989 FEES & FINANCE 15634 15634 95 95 16889606 12664253 505322 3720031 0 0 102214295 142939317 6443131 9168318 0 0 0 0 0 0 0 0 0 0 0 0 1669861 126900 1553378 1542961 744608145 941508917 0 0 0 0 0 0 6749162 7536280 861568111 1102695793 1080718 1251889 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1189869 1205555 2270587 2457444 X 798573903 1030791450 15334360 20870864 45389261 48576035 859297524 1100238349 861568111 1102695793 X 51577028 39523993 149839804 X false true X true false X 21951839 18346540 16092820 16324114 19840258 92555571 0 0 21951839 18346540 16092820 16324114 19840258 92555571 19911964 72643607 2050476 2012950 5579085 7015359 11020140 27678010 0 0 120233581 0.60419 0.69252 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 90534565 29553 9201059 42925787 56839390 82538362 -256157 8800000 547640 90534565 80357260 18935 2595270 433103 82538362 70947601 3803664 5976642 370647 80357260 65867824 7205558 -1698302 427479 70947601 0.23000 0.74000 0.03000 false false 1502080 1502080 17562 9132 8430 150219 117768 32451 1542961 0 0 90921864 39523993 39523993 51397871 17068763 17068763 68466634 4268331 4268331 12621275 12621275 16889606 INTENDED USE OF ENDOWMENT FUNDS SCHEDULE D PART V QUESTION 4 COOK CHILDREN'S HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS AND OTHER ITEMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT. UNDER COOK CHILDREN'S POLICIES, ENDOWMENT ASSETS ARE INVESTED IN A MANNER THAT IS INTENDED TO PRODUCE AN AMOUNT THAT IS EQUAL TO A RETURN HURDLE DEFINED AS THE SPENDING RATE, INFLATION RATE AND THE MANAGEMENT COST OF THE ENDOWMENT ON AN ANNUAL BASIS WHILE ASSUMING A PRUDENT LEVEL OF INVESTMENT RISK. ACTUAL RETURNS IN ANY GIVEN YEAR MAY VARY FROM THIS AMOUNT. TO SATISFY ITS LONG-TERM RATE OF RETURN OBJECTIVES, COOK CHILDREN'S RELIES ON A TOTAL RETURN STRATEGY IN WHICH INVESTMENT RETURNS ARE ACHIEVED THROUGH BOTH CURRENT YIELD (INVESTMENT INCOME SUCH AS DIVIDENDS AND INTEREST) AND CAPITAL APPRECIATION (BOTH REALIZED AND UNREALIZED). COOK CHILDREN'S TARGETS A DIVERSIFIED ASSET ALLOCATION THAT PLACED A GREATER EMPHASIS ON EQUITY-BASED INVESTMENTS TO ACHIEVE ITS LONG-TERM RETURN OBJECTIVES WITHIN PRUDENT RISK CONSTRAINTS. COOK CHILDREN'S HAS A POLICY (THE SPENDING POLICY) OF APPROPRIATING FOR EXPENDITURE EACH YEAR 5% OF THE FOUNDATION'S INVESTMENTS AVERAGE FAIR VALUE OVER THE PRIOR 5 YEARS ENDED JUNE 30 PRECEDING THE YEAR IN WHICH EXPENDITURE IS PLANNED. IN ESTABLISHING THIS POLICY, COOK CHILDREN'S CONSIDERED THE LONG-TERM EXPECTED RETURN ON ITS ENDOWMENT. ACCORDINGLY, OVER THE LONG TERM, COOK CHILDREN'S EXPECTS THE CURRENT SPENDING POLICY TO ALLOW ITS ENDOWMENT TO GROW AT THE RETURN HURDLE. THIS IS CONSISTENT WITH COOK CHILDREN'S OBJECTIVE TO MAINTAIN THE PURCHASING POWER OF ENDOWMENT ASSETS HELD IN PERPETUITY OR FOR A SPECIFIED TERM, AS WELL AS TO PROVIDE ADDITIONAL REAL GROWTH THROUGH NEW GIFTS AND INVESTMENT RETURN. SCHEDULE D, PART XI, LINE 4B OTHER CHANGE CONTRIBUTIONS RECORDED TO NET ASSETS $ 15,722,577 RECLASSIFICATION OF INVESTMENT DEPT EXPENSES $ 1,346,186 -------------- $17,068,763 SCHEDULE D, PART XII, LINE 4B OTHER CHANGE DONATIONS FROM NET ASSETS $ 11,275,088 RECLASSIFICATION OF INVESTMENT DEPT EXPENSES $ 1,346,187 -------------- $ 12,621,275 Central America and the Caribbean Program Services INVESTMENTS 272771562 Europe (Including Iceland and Greenland) Program Services INVESTMENTS 49889642 Sub-Saharan Africa Program Services INVESTMENTS 8208664 East Asia and the Pacific Program Services INVESTMENTS 7036570 337906438 337906438 true false true false true false X X X X X X true STELTER COMPANY CONSULTATIO N false 0 4000 LEXIS NEXIS RESEARCH false 0 12734 0 16734 true COOK CHILDREN'S MEDICAL CENTER 801 SEVENTH AVENUE FORT WORTH TX 76104 752051646 501(c)(3) 10327541 FINANCIAL ASSISTANCE COOK CHILDREN'S PHYSICIAN NETWORK 801 SEVENTH AVENUE FORT WORTH TX 76104 752485366 501(c)(3) 398797 FINANCIAL ASSISTANCE COOK CHILDREN'S HEALTH CARE SYSTEM 801 SEVENTH AVENUE FORT WORTH TX 76104 752705881 501(c)(3) 548751 FINANCIAL ASSISTANCE 3 PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS SCHEDULE I PART I QUESTION 2 FUNDS ARE PLACED IN THE APPROPRIATE DESIGNATED ACCOUNTS WITH NOTIFICATION FROM DEVELOPMENT STAFF TO THE AUTHORIZED SIGNER. AUTHORIZED SIGNERS AND OTHER APPROPRIATE INDIVIDUALS ARE NOTIFIED OF ANY RESTRICTIONS ON THE FUNDS. DEVELOPMENT STAFF FOLLOW UP WITH AUTHORIZED SIGNERS TO OBTAIN INFORMATION ON THE USE OF FUNDS AND THE IMPACT MADE TO THE PROGRAM. IMPACT REPORTS ARE THEN PREPARED BY DEVELOPMENT STAFF AND SENT TO THE DONOR ON AN ANNUAL BASIS OR AS REQUIRED BY THE DONOR AGREEMENT. true true false false false false false false false ROBERT K FEATHER 260763 213895 73728 18750 17912 585048 RICHARD P GOODE 18355 348724 16940 321867 7783 147883 781 14844 861 16365 44720 849683 RICK W MERRILL 141630 566523 78701 314803 190213 760849 14250 56999 3086 12344 427880 1711518 114680 300320 GEORGE B MONTAGUE 210560 141220 21307 15893 12201 401181 PATRICK B O'CONNOR 207670 146893 36324 10000 7894 408781 LESLEY ATKINSON 133108 15803 12041 10768 171720 JENNIFER JOHNSON 134377 63439 1774 15001 2761 217352 GRANT HARRIS 164935 99930 5179 10000 15440 295484 APURVA MEHTA 148815 22501 1558 7084 12372 192330 PARTICIPATION IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN PART I, QUESTION 4B PARTICIPANTS IN SERP REPORTED IN W-2 DEFERRED COMPENSATION -------------------- --------------- --------------------- RICK W. MERRILL $ 755,000 $ 61,249 ALLOCATION OF CEO AND CFO SALARIES PART II SALARIES FOR THE CEO AND CFO ARE ALLOCATED PRO-RATA BASED ON THE AMOUNT OF TIME THEY SPEND WITH EACH OF THE FOLLOWING COMPANIES: COOK CHILDREN'S MEDICAL CENTER COOK CHILDREN'S PHYSICIAN NETWORK COOK CHILDREN'S HEALTH FOUNDATION COOK CHILDREN'S HOME HEALTH COOK CHILDREN'S HEALTH CARE SYSTEM COOK CHILDREN'S HEALTH PLAN RECEIVED SEVERANCE PAYMENTS PART I, QUESTION 4A NAME AMOUNT --------------- --------- TIMOTHY PLOCICA $ 32,625 METHODS USED BY CCHCS TO ESTABLISH COMPENSATION OF THE CEO/EXEC DIRECTOR PART I, QUESTION 3 COMPENSATION COMMITTEE INDEPENDENT COMPENSATION CONSULTANT WRITTEN EMPLOYMENT CONTRACT COMPENSATION SURVEY OR STUDY APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE LUTHER KING CAPITAL MANAGEMENT SEE PART V 305145 INVESTMENT MGMT FEES false LUTHER KING CAPITAL MANAGEMENT SEE PART V 305145 INVESTMENT MGMT FEES false RELATIONSHIP BETWEEN INTERESTED PERSON AND THE ORGANIZATION PART IV GARY G. WALSH, BOARD MEMBER, IS A PRINCIPAL AND SHAREHOLDER FOR LUTHER KING CAPITAL MANAGEMENT. MASON D. KING, BOARD MEMEBER, IS A VICE PRESIDENT FOR LUTHER KING CAPITAL MANAGEMENT. X 3 26208 AVG HIGH/LOW FOR DAY false true false REVIEW PROCESS FOR FORM 990 FORM 990 PART VI QUESTION 11B The organization engages an outside accounting firm to assist in the preparation of the Form 990 and related filings. All information provided to the outside accounting firm is gathered by key company employees and executives. Once the Form 990 is prepared, it is reviewed by company Finance, Legal and Compliance staff and then provided to the Board of Trustees for review. In addition, it is presented to the Cook Children's Health Care System Audit Committee for review. Subsequent to Audit Committee review, the Form 990 is filed with the Internal Revenue Service and made available to the public for review. CONFLICT OF INTEREST FORM 990 PART VI QUESTION 12C Every year the Legal Department of the Cook Children's Health Care System ("System") sends out a Form 990 Questionnaire/Conflict of Interest Disclosure Statement to officers, directors, trustees and key employees of all System companies. The responses are reviewed by the Legal, Finance, and Compliance Departments. Follow up and/or corrective action is taken as needed with respect to responses that indicate the existence of actual or potential conflicts of interest. The responses to the questionnaires and follow-up information are provided to the System Audit Committee for review and follow-up. Further, the Audit Committee of Cook Children's Health Care System is responsible for monitoring the implementation and enforcement of the Conflict of Interest Policy in force for all affiliated companies of the Cook Children's Health Care System. The Audit Committee is also responsible for oversight of the Compliance Department of Cook Children's Health Care System. The Compliance Department maintains a hot-line to receive reports of inappropriate activities including activities that might constitute a conflict of interest. Internal Audit and Compliance also conduct random audits of corporate activities such as expense reimbursements and accounts payable to determine if any inappropriate payments are being made to individuals, some of which could be evidence of a conflict of interest. Any corrective action related to conflicts of interest would be reported to the Audit Committee for review, approval, and modification, as necessary. REVIEW & APPROVAL OF COMPENSATION FORM 990 PART VI, QUESTION 15A & 15B Cook Children's Health Care System has established a Compensation Committee with oversight of executive and physician compensation. The Compensation Committee approves compensation arrangements in advance, which includes a review and approval by independent persons, using comparable market data relating to compensation, which is provided by Sullivan Cotter and Associates, Inc., an independent, nationally recognized compensation consultant. The Compensation Committee documents the basis for its determinations following contemporaneous substantiation of the Compensation Committee's deliberation and decision. The Compensation Committee requires the compensation consultant to update market data periodically, usually every two years, with interim reviews being conducted as needed. With regard to physician compensation, the Compensation Committee also retains the law firm of McDermott, Will & Emery of Chicago, Illinois, to issue a reasonableness opinion covering the physician compensation plan for Cook Children's Physician Network. PROCESS OF MAKING GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC FORM 990 PART VI, QUESTION 19 The organization does not make its governing documents or conflict of interest policy available to the public, except to the extent they are on file with the Secretary of State of Texas. The conflict of interest policy is posted on the organization's internal website and available to all employees and board members of Cook Children's Health Care System entities. Consolidated financial statements are reported electronically for all Cook Children's Health Care System entities via the Electronic Municipal Market Access ("EMMA") web site. OFFICER, DIRECTOR, TRUSTEE, OR KEY EMPLOYEE FAMILY/BUSINESS RELATIONSHIPS FORM 990 PART VI QUESTION 2 Mason D. King and Gary G. Walsh have a business relationship. Mason D. King and Gary G. Walsh are employees of Luther King Capital Management, which provides investment management services to the Foundation pursuant to the firm's standard fee schedule. Win Ryan and George M. Young have a business relationship. Randall Eisenman and Rick Merrill have a business relationship. OTHER CHANGES IN NET ASSETS FORM 990, PART XI, LINE 9 UNRESTRICTED NET ASSETS: TRANSFERS BETWEEN AFFILIATES $145,564,012 TEMPORARILY RESTRICTED NET ASSETS: CHANGE IN BENEFICIAL INTEREST IN LEAD TRUST 12,898 NET ASSETS RELEASED FROM RESTRICTIONS (221,031) INVESTMENT INCOME & UNREALIZED GAIN(LOSSES) 1,326,702 PERMANENTLY RESTRICTED NET ASSETS: CHANGE IN BENEFICIAL INTEREST IN PERPETUAL TRUSTS 521,446 INVESTMENT INCOME & UNREALIZED GAIN(LOSSES) 2,635,777 ------------- TOTAL $149,839,804 COOK CHILDREN'S HEALTH PLAN 801 SEVENTH AVE FORT WORTH TX 76104 760585240 INSURANCE TX 501(C)(3) 11C CCHCS true COOK CHILDREN'S HEALTH CARE SYSTEM 801 SEVENTH AVE FORT WORTH TX 76104 752705881 HEALTHCARE TX 501(C)(3) 11C CCHF true COOK CHILDREN'S PHYSICIAN NETWORK 801 SEVENTH AVE FORT WORTH TX 76104 752485366 PHYSICIAN SVC TX 501(C)(3) 3 CCHCS true COOK CHILDREN'S MEDICAL CENTER 801 SEVENTH AVE FORT WORTH TX 76104 752051646 HOSPITAL TX 501(C)(3) 3 CCHCS true COOK CHILDREN'S HOME HEALTH 801 SEVENTH AVE FORT WORTH TX 76104 752896983 HEALTHCARE TX 501(C)(3) 11C CCHCS true ROSEDALE OFFICE BUILDING INC 1500 W ROSEDALE FORT WORTH TX 76104 461866421 TITLE HOLDING TX 501(C)(2) N/A CCHF true SPLIT INTEREST TRUSTS (4) 500 W 7TH ST FLOOR 13 FORT WORTH TX 761024700 SPLIT INT TRUST TX NA TRUST false COOK CHILDREN'S HEALTH SERVICES 801 7TH AVENUE FORT WORTH TX 76104 454024843 HEALTH SERVICES TX CCHCS C CORPORATION 0 0 false false true false false false false false false false false false false false false true false true true COOK CHILDREN'S HEALTH CARE SYSTEM P 1404585 FMV COOK CHILDREN'S HEALTH CARE SYSTEM B 548751 FMV COOK CHILDREN'S PHYSICIAN NETWORK B 398797 FMV COOK CHILDREN'S MEDICAL CENTER B 10327540 FMV COOK CHILDREN'S MEDICAL CENTER R 64435988 FMV COOK CHILDREN'S MEDICAL CENTER S 210000000 FMV