2012-11-08T16:15:17-06:00 2011-12-31 KPMG LLP 55 Second Street 1400 San Francisco CA 94105 990 2011-01-01 770440090 Lucile Packard Foundation for Children's Health % KATHRYN COULBOURN LUCI 6504978365 400 Hamilton Avenue Palo Alto CA 94301 Kathy Coulbourn 2012-11-05 true 4159635100 2011 2016-02-24 21:20:13Z David Alexander 400 Hamilton Avenue Palo Alto CA 94301 96363493 false X www.lpfch.org X 1996 CA To elevate the priority of children's health and increase the quality and accessibility of children's health care through leadership and direct investment. 23 22 79 23 -1911 -911 27246669 56776864 9571092 10491468 3045514 4134275 4439471 856006 44302746 72258613 31289078 63093075 0 0 7952805 8463393 22626 25700 9061116 4436848 4327599 43701357 75909767 601389 -3651154 217065920 205045264 86948795 85125470 130117125 119919794 X THE MISSION OF THE LUCILE PACKARD FOUNDATION FOR CHILDREN'S HEALTH IS TO ELEVATE THE PRIORITY OF CHILDREN'S HEALTH AND INCREASE THE QUALITY AND ACCESSIBILITY OF CHILDREN'S HEALTH CARE THROUGH LEADERSHIP AND DIRECT INVESTMENT. WE WORK IN ALIGNMENT WITH LUCILE PACKARD CHILDREN'S HOSPITAL AND THE CHILD HEALTH PROGRAMS OF STANFORD UNIVERSITY. OUR VISION IS THAT ALL CHILDREN IN THE COMMUNITIES WE SERVE ARE ABLE TO REACH THEIR MAXIMUM HEALTH POTENTIAL. false false 5485384 5485384 0 Child Health Research Grants: The foundation provides grants to the pediatric programs at the Stanford School of Medicine and the Lucile Packard Children's Hospital to fund clinical programs, research, education, training, and facilities. The grants are funded by a grant received from the David and Lucile Packard Foundation between 2000 and 2004. The foundation oversees the disbursement of the Packard Foundation grant funds through independent review of the research programs. Any Foundation oversight expenses are paid for by the investment earnings on the original grant. 57191890 57191890 10491468 Development: The foundation raises money to support the Lucile Packard Children's Hospital and the pediatric programs at the Stanford School of Medicine. One hundred percent of funds raised are transferred to the hospital and school of medicine on a monthly basis. In 2011, the foundation raised approximately $62 Million, including intentions to give and conditional pledges. The foundation is currently involved in a campaign to raise a total of $500 Million by 2013, of which $488 Million has been raised through the end of 2011. the campaign has three primary objectives: to raise money to fund a major expansion of the Children's Hospital facility, to endow research and training positions, and to support ongoing activities at the hospital and school. 2652022 415801 0 Foundation Programs: Through its Programs and Partnerships work, the Foundation seeks to improve the health and well being of children. The Foundation operates an extensive child health data site and also invests in programs that enhance the system of care for Children with Special Health Care Needs and their families. In 2011, the foundation invested approximately $2.65M in this area. 65329296 true true false true false false false false false true true true false false true true true false false false true false false true true false false true false true false false false true false false false false true false false false false true true false false false true 59 0 true 79 true true true false false false false true true false false false false X 23 22 true false false false false false false true true false false true true true true true true true true false CA X KATHRYN COULBOURN 6504978365 400 HAMILTON AVENUE Palo Alto CA 94301 David Alexander MD 40.0 X X 570595 0 89045 Constance Elaine Chambers 1.0 X X 0 0 0 Harvey Cohen MD PhD 1.0 X 0 0 0 J Taylor Crandall 1.0 X X 0 0 0 Christopher Dawes 1.0 X 0 0 0 Gary Dillabough 1.0 X 0 0 0 Keith Fox 1.0 X 0 0 0 Ken Goldman 1.0 X 0 0 0 Tessie Guillermo 1.0 X 0 0 0 Cynthia Gunn 1.0 X 0 0 0 Brad Koenig 1.0 X 0 0 0 John Kriewall 1.0 X 0 0 0 Anne C Lawler 1.0 X 0 0 0 Doug Mackenzie 1.0 X 0 0 0 Susan P Orr 1.0 X X 0 0 0 Thad Padua MD FAAP 1.0 X 0 0 0 George Phipps 1.0 X 0 0 0 Philip Pizzo MD 1.0 X 0 0 0 Chris Schaepe 1.0 X 0 0 0 Steven A Schroeder MD 1.0 X 0 0 0 Boyd Smith 1.0 X 0 0 0 George Stil 1.0 X 0 0 0 Antoinette Toni Paterson 1.0 X 0 0 0 Kathy Coulbourn 32.0 X 191878 0 35220 Linda Collier 40.0 X 342696 0 60245 Brian Perronne 40.0 X 330391 0 61166 Eileen Walsh 40.0 X 212389 0 44108 Victoria Applegate 40.0 X 144019 0 45625 Donna M Bandelloni 40.0 X 162603 0 47863 Duncan Bugermeister 40.0 X 152416 0 27182 Andrew D Krackov 40.0 X 144870 0 37940 Dana Pace 40.0 X 180035 0 32811 2431892 0 481205 21 false true false PATSONS 970 STEWART DRIVE SUNNYVALE CA 94085 Printing 386984 VELIR STUDIOS 212 ELM STREET STE 401 SOMERVILLE MA 02144 Website Maintenance 260023 CAMBRIDGE ASSOCIATES LLC PO BOX 10317 UNIONDALE NY 115550317 Investment 237618 KPMG LLP PO BOX 120001 DALLAS TX 753120922 Audit & Tax 126387 DATA MARKETING INC PO BOX 519 SANTA CLARA CA 95052 Marketing 120935 9 10110 793579 55973175 2159243 56776864 FUNDRAISING REIMBURSEMENT 900099 10491468 10491468 10491468 2023555 2023555 0 9450 9450 27491 -27491 -27491 -27491 25717175 23606455 2110720 2110720 2110720 500026 793579 470934 29092 29092 0 0 INCOME (LOSS) FROM INVESTMENT PARTNERSHIPS 900099 844955 -1911 846866 844955 72258613 10491468 -1911 4992192 63093075 63093075 0 0 0 1937735 418977 394990 1123768 0 5063053 655357 413244 3994452 337317 42696 28671 265950 687204 89827 76079 521298 438084 63494 47094 327496 0 56485 9358 47127 126829 126554 275 0 25700 25700 142073 142073 956005 313978 31800 610227 492400 166077 326323 362503 24693 60848 276962 339650 185623 44626 109401 0 915390 123024 88304 704062 90310 39179 7928 43203 0 46579 20885 6883 18811 0 0 158788 67758 9256 81774 52708 6789 23304 22615 PRINTING 450621 124 513 449984 PUBLICATIONS/SUBSCRIPTIONS 29926 10763 4233 14930 MEMBERSHIPS 49045 1925 1791 45329 MEALS 31732 5052 1314 25366 26555 492 26063 75909767 65329296 1519355 9061116 10573 33628 12308281 13011858 55301249 54084883 285980 46015 684850 684850 0 0 0 0 0 0 214785 230352 816192 342801 391885 473391 52074245 41446742 95753168 94989034 0 0 0 0 40904 44511 217065920 205045264 1472163 1493720 1799240 1083587 3239791 3700855 0 0 0 0 0 0 0 0 0 0 80437601 78847308 86948795 85125470 X 99541587 94732374 30575538 25187420 0 0 130117125 119919794 217065920 205045264 X -3651154 -6546177 X false true true X false X 45244447 90103943 18300906 27246669 56776864 237672829 45244447 90103943 18300906 27246669 56776864 237672829 46942032 190730797 4901541 6284230 1608852 1701282 2852380 17348285 13093 5795 -30544 -41954 -1911 -55521 414406 0 0 24521 500026 938953 255904546 43510273 0.74532 0.66258 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 65329296 65329296 1000000 250000 1000000 1000000 2000000 3000000 15000 15000 250000 250000 500000 750000 15000 15000 99541587 -1824327 2652022 332864 94732374 90886861 11093742 2070791 368225 99541587 78792816 15597235 2837584 665606 90886861 112160276 -28031697 4321968 1013795 78792816 1.00000 false false 0 160969 33876 127093 0 386244 172273 213971 0 268979 136652 132327 473391 HEDGE FUNDS 38820345 F INTERNATIONAL EQUITY TRUSTS 18092143 F FIXED INCOME FUNDS 7861061 F REAL ASSET FUNDS 17093664 F VENTURE CAPITAL/PRIVATE EQUITY 13121821 F 94989034 0 DEFERRED RENT 515310 UNIVERSITY SCHOOL OF MEDICINE 78331998 78847308 72258613 75909767 -3651154 -3332087 -3214090 -6546177 -10197331 8866807 -3332087 17400 -3314687 12181494 142073 59935046 60077119 72258613 19064138 17400 17400 19046738 142073 56720956 56863029 75909767 Schedule D Part V line 4 The Foundation uses its endowment to fund the costs of its foundation programs, including any grants, strategic contracts and underlying operating and administrative costs to support the activities. Schedule D Part XI Line 8 Net Income from Investment K-1's (3,189,059) Book-tax difference sale of securities (25,031) ----------- Total (3,214,090) SCHEDULE D PART XII LINE 4B Funds Raised 53,467,732 Income from Investment K-1s 3,189,059 Uncollectible Pledges 3,224,132 Book-Tax Difference Sale of Securities 25,031 Reclass Special Event 29,092 ------------ Total 59,935,046 Schedule D Part XIII Line 4B Funds Raised 53,467,732 Uncollectible Pledges 3,224,132 Reclass Special Event 29,092 ------------ Total 56,720,956 The Foundation raises funds for the Lucile Packard Childrens Hospital (LPCH) and the pediatric programs at the Stanford School of Medicine (SOM). For purposes of the Foundations audited financial statements, funds raised are reclassified from revenue to a liability (funds designated for others) as required under ASC 958. The Foundation is subject to ASC 958 based on its independent relationship with the Lucile Packard Childrens Hospital and the Stanford School of Medicine. For the form 990, funds raised are treated as contribution revenue and funds transferred to Lucile Packard Children's Hospital and the Stanford School of Medicine are treated as grants expense. Part XIV Supplemental Information FIN 48 (ASC 740) The Foundation has evaluated the financial statement impact of positions taken or expected to be taken in its tax returns. Management has determined that no tax liabilities need be recorded under applicable accounting guidance. Central America and the Caribbean 0 0 Investments 22322211 0 0 0 0 22322211 22322211 true false false true true false Part I, Line 3 The Foundation's disclosure in Part I, Line 3(1) reflects the domicile of certain investment entities which serve merely as the vehicle for the subsequent investing of funds and is not representative of the underlying geographical strategy of those investments. The Foundation's investments are fully diversified across asset classes, strategies and geographical regions. It adheres to an approved Statement of Investment Objectives and Policies and has in place a strategic asset allocation policy which allows it to achieve its short term financial and long term investment objectives. X X X true RUFFALO CODY PHONE PROGR AM false 22380 25700 -3320 22380 25700 -3320 CA 20 Anniv Celeb 1161880 707814 454066 10181 122108 83321 92547 50313 Summer Scamper 131725 85765 45960 5500 1298 18257 3630 83779 0 1293605 793579 500026 5500 11479 140365 86951 92547 134092 470934 29092 Schedule G, Part I, Line 2b The Foundation engages a third party professional fundraiser to call donors and solicit gifts from lists provided by the Foundation. In 2011, the fundraiser conducted a Fall "phone campaign." the goal of the phone campaign is not only to raise donations but also strengthen relationships and create long term donors. Phone campaigns target both current donors as well as lapsed donors. true Board of Trustees of Leland Stanford JrUniversity POBox 442553 San Francisco CA 941444253 941156365 501(c)(3) 43732 0 N/A N/A Young Investigator Award - Children with Special Health Care Needs California Pan-Ethnic Health Network 654 13th Street Oakland CA 94612 943306223 501(c)(3) 9545 0 N/A N/A Sharing Multicultural Health Data on California's California Teacher's Assoc(California Fri Night PO Box 5091 Visalia CA 93278 942191905 501(c)(3) 10000 0 N/A N/A Telling the Story: What the Numbers Say About the Underaged Central California Children's Institute 4910 N Chestnut Ave Fresno CA 937261852 946003272 501(c)(3) 9983 0 N/A N/A Fresno Southeast Asian Youth Data Improvement Project Lucile Packard Children's Hosp & Stanford School 725 Welch Road Stanford CA 94305 770003859 501(c)(3) 5485384 0 N/A N/A Children's Health Initiative Cleo Eulau Center for Children and Adolescents 2483 Old Middlefield Way Ste 208 Mountain View CA 94043 770393676 501(c)(3) 10000 0 N/A N/A Dissemination of Findings from LPFCH Grant Contra Costa County Children & Family Services 40 Douglas Drive Martinez CA 94553 946000509 county 10000 0 N/A N/A Developing Vital Community Partnerships Through Data Sharing Family Voices Inc 3701 San Mateo Blvd NE Ste 200 Albuquerque NM 87110 850430800 501(c)(3) 28500 0 N/A N/A CSHCN Grants - Strategic Planning Board Retreat & Meeting Interactive Parenting Media 221 Oak Street Ste B Oakland CA 94607 260098527 501(c)(3) 15000 0 N/A N/A Childhood Matters & Ninos Radio Shows LA County Education Foundation(Early Identificatio 9300 Imperial Hwy R106 Downey CA 902422890 954592684 501(c)(3) 10000 0 N/A N/A Using Data to Improve Early Identification & Intervention for Young Children Lucile Packard Children's Hosp & Stanford School 725 Welch Road Stanford CA 94305 941156365 501(c)(3) 57191890 0 N/A N/A Children's Health Lucile Packard Children's Hospital 725 Welch Road Stanford CA 94305 770003859 501(c)(3) 19031 0 N/A N/A Children's Heatlh National Initiative for Children's Healthcare Qual 30 Winter St 6th Fl Boston MA 021084720 010647374 501(c)(3) 14157 0 N/A N/A Pediatric Medical Education Learning Collaborative Northern California Education Television Assoc 603 N Market Steet Redding CA 96003 941569300 501(c)(3) 10000 0 N/A N/A Creating Healthy Habits Public Health Institute 555 12th St 10th Fl Oakland CA 94607 941646278 501(c)(3) 10000 0 N/A N/A Health Status of Rural Latino Youth in California Redwood Community Health Coalition 1310 Redwood Way St 135 Petaluma CA 94954 943220029 501(c)(3) 10000 0 N/A N/A Improving Health Coverage & Access for Children - iCare About San Joaquin Community Data Co-op 900 E Oak St Ste 310 Stockton CA 95202 680453459 501(c)(3) 10000 0 N/A N/A Children's Health Indicators in Stockton: Building Santa Barbara County Dept of Social Services 2125 SCenterpointe Parkway Santa Maria CA 93455 956002833 county 9500 0 N/A N/A State of the Children Print Publication Shasta County Health & Human Services Agency Public Health Branch - 2650 Breslau Redding CA 96001 946000535 county 10000 0 N/A N/A Increasing Childhood Immunization Rates in Shasta Stanford University 1265 Welch Road Stanford CA 94305 770003859 501(c)(3) 125000 0 N/A N/A For Stanford's Clinical Excellence Research Ctr The Children's Initiative 4438 Ingraham Street San Diego CA 92109 770587835 501(c)(3) 10000 0 N/A N/A San Diego County Report Card on Children & Families The Health Trust 2105 S Bascom Ave Ste 220 Campbell CA 95008 946050231 501(c)(3) 10000 0 N/A N/A Using Oral Health Data for Health Promotion & Advocacy YMCA of Silicon Valley 1922 The Alameda 3rd Fl San Jose CA 95126 941156318 501(c)(3) 10000 0 N/A N/A Summer Camps for Children with Diabetes Youth Leadership Institute 246 First St Ste 400 San Francisco CA 94105 680184712 501(c)(3) 9460 0 N/A N/A Using KidsData to Deepen & Further Youth-Adult Community 24 0 SCHEDULE I PART IV, Part I, Line 2 Project funding is based on proposals submitted by organizations. Decisions are made after staff analysis of the organization's expertise, proposed goals and objectives, and proposed costs. Milestones and deliverables are established during the review process. All major investments are approved by the board of directors. Foundation staff monitor progress to ensure that all outcomes and deliverables are completed. The Foundation also has a fundraising department whose primary objective is to raise philanthropic gifts for the Lucile Packard Childrens Hospital and the pediatric programs at the Stanford School of Medicine. All gifts raised are forwarded to the Hospital and School on a monthly basis. Donor restrictions on gifts are clearly communicated when the gifts are transferred. The Foundation also maintains close ongoing communications with the School and Hospital to ensure that donor intent is respected. X false true X X X false true false false false false false false false David Alexander MD 461578 0 90467 0 18550 0 57194 0 31851 0 659640 0 0 0 Kathy Coulbourn 182106 0 9200 0 572 0 19319 0 15901 0 227098 0 0 0 Linda Collier 293069 0 14790 0 34837 0 24500 0 35745 0 402941 0 0 0 Brian Perronne 278559 0 43722 0 8110 0 33686 0 27480 0 391557 0 0 0 Eileen Walsh 198513 0 11098 0 2778 0 21150 0 22958 0 256497 0 0 0 Victoria Applegate 130777 0 6768 0 6474 0 14582 0 31043 0 189644 0 0 0 Donna M Bandelloni 157931 0 3263 0 1409 0 16642 0 31221 0 210466 0 0 0 Duncan Bugermeister 147365 0 3012 0 2039 0 7767 0 19415 0 179598 0 0 0 Andrew D Krackov 141656 0 2923 0 291 0 14909 0 23031 0 182810 0 0 0 Dana Pace 165841 0 13395 0 799 0 17315 0 15496 0 212846 0 0 0 Schedule J Line 1a One Sr. VP is being paid a housing allowance as part of her original employment contract (she was one of the foundations first employees recruited from Stanford development). The allowance is included in her W-2 income. Payment of the allowance will terminate in 2012. We do not provide a housing allowance to any other officers or directors. Furthermore, we have no policy to do so. Schedule J Line 4b The Foundation adopted a 457(f) plan for select members of management or highly compensated employees. During 2011 the CEO and two Sr. VPs were eligible for 457(f) contributions. The total amount contributed to the plan for 2011, but not paid out, was $41,880. The total amount paid out under the plan in 2011 was $6,559, paid to Linda Collier. DAVID ALEXANDER HOUSING ASSISTANCE X 600000 604850 false true true DAVID ALEXANDER HOUSING ASSISTANCE X 80000 80000 false true true 684850 X 77 2150603 Average Market Value X Sporting apparel 2 5500 Retail Value X Food/Gift Cards 2 3140 Retail Value 0 false true true SCHEDULE M, PART I, COLUMN B THE NUMBER OF CONTRIBUTIONS WAS DETERMINED BASED ON THE NUMBER OF DONORS WHO MADE CONTRIBUTIONS. SCHEDULE M, PART I, LINE 32B USE OF THIRD PARTY THE FOUNDATION USES THE SERVICES OF A BROKER TO SELL DONATED SECURITIES. Form 990, Part III, Program Services As described in the Form 990, Part III, the Foundation is engaged in child health research, programs that seek to enhance the system of care for children with special health care needs, and the provision of public information and education. In addition, a substantial amount of the Foundations activities are focused on fundraising, through which the Foundation raises gifts and grants exclusively for the Lucile Packard Childrens Hospital at Stanford and the pediatric programs of the Stanford School of Medicine. Two points help to clarify the understanding of the Foundations Form 990: 1) The fundraising program represents a key part of the Foundations mission and is a major cost component, involving a significant percentage of employees time and effort. The Foundation, therefore, has a larger administrative and financial infrastructure than would be the case if it operated only a grantmaking program. 2)The Foundations fundraising role also affects the list of highest paid individuals on Part VII of the Form 990 and the Schedule J. The fundraising portion of these salaries is fully paid by the benefiting institutions. The non-fundraising portion is funded by the endowment. All salaries are in line with local market rates in grantmaking and fundraising. Form 990, Part VI, Section A, Line 2 J Taylor Crandall and George Phipps, business relationship Chris Schaepe and Ken Goldman, business relationship Form 990, Part VI, Section A, Line 11A Prior to filing with the Internal Revenue Service, the Form 990 is reviewed and approved for filing by a joint meeting of the Executive Committee of the board and the Audit Committee. Two weeks prior to this meeting, a copy of the completed form 990 is distributed to the full board. Any member of the board is welcome to attend the joint meeting and to contribute comments or questions. Form 990, Part VI, Section B, Line 12C Directors, officers, and key employees ("key persons") are required to review the conflict of interest policy on an annual basis and to disclose all real and potential conflicts of interest. Key persons are required to confirm that they have reviewed the policy by signing that they have done so, even if no conflicts are disclosed. In addition, key persons are required to disclose real or apparent conflicts at the time when such conflicts come up for discussion by the board, a board committee, or staff. Key persons with conflicts are required to recuse themselves from related discussions and decisions. The Foundation's CFO and CEO are responsible for ensuring compliance with the Conflict of Interest Policy. Form 990, Part VI, Section B, Line 15 THE FOUNDATION HAS A COMPENSATION COMMITTEE COMPRISED ENTIRELY OF INDEPENDENT DIRECTORS, NONE OF WHOM HAVE A CONFLICT OF INTEREST WITH THE CEO, CFO OR ANY OF THE KEY EMPLOYEES. THE COMPENSATION COMMITTEE ESTABLISHES THE COMPENSATION PHILOSOPHY FOR THE ORGANIZATION. IT ALSO MEETS ANNUALLY TO SET THE SALARY FOR THE CEO AND CFO AND REVIEW AND APPROVE SALARIES FOR KEY EMPLOYEES. THIS MEETING WAS LAST HELD ON NOVEMBER 14, 2011. IN DETERMINING COMPENSATION LEVELS, THE COMMITTEE USES TWO INDEPENDENT THIRD PARTY SALARY SURVEYS, ONE PUBLISHED BY WOODMARK AND ONE PUBLISHED BY LASNIK BROIDA. KEY DELIBERATIONS OF THE COMPENSATION COMMITTEE ARE DOCUMENTED IN MEETING MINUTES WHICH ARE APPROVED AT THE NEXT COMMITTEE MEETING. 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 governing documents and audited financial statements available upon request. Form 990, Part XI, Line 5 Net Unrealized Gains (3,332,087) Net Income from Investment K-1s (3,189,059) Book-Tax Difference Sale of Securities (25,031) ----------- Other Changes in Net Assets (6,546,177) The Roth Auxiliary for Children 400 Hamilton Avenue Suite 340 Palo Alto CA 94301 770213518 FUNDRAISING CA 501(c)(3) 509(a)(3) LPFCH false The Charter Auxiliary for Children 400 Hamilton Avenue Suite 340 Palo Alto CA 94301 237062243 Fundraising CA 501(c)(3) 509(a)(3) LPFCH false The San Jose Auxiliary for Children 1362 Lincoln Avenue San Jose CA 95125 946100771 Fundraising CA 501(c)(3) 509(a)(3) LPFCH false The San Francisco Auxiliary for Children 400 Hamilton Ave Suite 340 Palo Alto CA 94301 943240879 Fundraising CA 501(c)(3) 509(A)(3) LPFCH false Charitable Remainder Trust (8) Trust CA NA Trust false false true false false false false false false false false false false false false false false false