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Filing year 2023

Boston Children's Heart Foundation Inc

Boston, Massachusetts·EIN 04-2790699·NTEE E122 · Health Care·501(c)(3)
Total revenue
$83.8M
Total assets
$123.4M
Total expenses
$108.6M
Reported officers
23
Mission

The Foundation provides cardiology services primarily to patients at Boston Children's Hospital and at satellite locations. The Foundation carries on and promotes basic and applied medical research and education in the field of cardiology by teaching (see Schedule O) students and other medical and scientific personnel. The Foundation also provides care for patients regardless of their ability to pay.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 22 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Health Care organizations in Massachusetts.

Cardiologist
Highest Compensated Employee
Above 90th percentile
$1M
$1.1M
Base
$495k
Bonus
$250k
Other
$194k
Benefits
$57k
President
75th to 90th percentile
$912k
$1M
Base
$678k
Bonus
$100k
Other
$59k
Benefits
$45k
Cardiologist
Highest Compensated Employee
75th to 90th percentile
$715k
$787k
Base
$313k
Bonus
$68k
Other
$228k
Benefits
$51k
Dept. Chief
Key Employee
75th to 90th percentile
$649k
$715k
Base
$356k
Bonus
$50k
Other
$147k
Benefits
$28k
Cardiologist
Highest Compensated Employee
75th to 90th percentile
$639k
$704k
Base
$472k
Bonus
$50k
Other
$27k
Benefits
$60k
Cardiologist
Highest Compensated Employee
75th to 90th percentile
$628k
$691k
Base
$390k
Bonus
$50k
Other
$70k
Benefits
$48k
Dept. Chief
Key Employee
75th to 90th percentile
$621k
$684k
Base
$467k
Bonus
$50k
Other
$26k
Benefits
$48k
Director (10/23-2/24)
Board Member
75th to 90th percentile
$621k
$684k
Base
$428k
Bonus
$50k
Other
$53k
Benefits
$60k
Cardiologist
Highest Compensated Employee
75th to 90th percentile
$618k
$680k
Base
$390k
Bonus
$50k
Other
$71k
Benefits
$51k
Dept. Chief
Key Employee
75th to 90th percentile
$604k
$665k
Base
$382k
Bonus
$50k
Other
$56k
Benefits
$48k
Secretary/clerk (10/23-2/24)
Officer (Unspecified)
$544k
$599k
Base
$320k
Bonus
$50k
Other
$70k
Benefits
$45k
Director (3/24-9/24)
Board Member
Median to 75th percentile
$534k
$589k
Base
$270k
Bonus
$59k
Other
$134k
Benefits
$12k
Director (10/23-2/24)
Board Member
Median to 75th percentile
$530k
$583k
Base
$239k
Bonus
$50k
Other
$136k
Benefits
$57k
Director (3/24-9/24)
Board Member
Median to 75th percentile
$515k
$567k
Base
$313k
Bonus
$68k
Other
$45k
Benefits
$45k
Treasurer
Officer (Unspecified)
$492k
$541k
Base
$308k
Bonus
$50k
Other
$34k
Benefits
$45k
Director (3/24-9/24)
Board Member
Median to 75th percentile
$474k
$522k
Base
$224k
Bonus
$95k
Other
$58k
Benefits
$53k
Director
Board Member
Median to 75th percentile
$470k
$518k
Base
$274k
Bonus
$50k
Other
$48k
Benefits
$45k
Director (3/24-9/24)
Board Member
Median to 75th percentile
$462k
$509k
Base
$271k
Bonus
$50k
Other
$40k
Benefits
$45k
Director (10/23-2/24)
Board Member
Median to 75th percentile
$445k
$490k
Base
$239k
Bonus
$50k
Other
$61k
Benefits
$48k
Dir(10/23-2/24)/sec/clerk(3/24-9/24)
Officer (Unspecified)
$428k
$471k
Base
$205k
Bonus
$50k
Other
$63k
Benefits
$60k
Director (10/23-2/24)
Board Member
Median to 75th percentile
$418k
$461k
Base
$211k
Bonus
$50k
Other
$62k
Benefits
$48k
Director (3/24-9/24)
Board Member
Median to 75th percentile
$380k
$419k
Base
$217k
Bonus
$50k
Other
$26k
Benefits
$42k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 1 unpaid individual.

Browse compensation in Health Care

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at Boston Children's Heart Foundation Inc equaled 1.0% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2023)
1.0%
Sector median
4%
Middle half of sector
1% to 13%

Based on 13,830 health care organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 17%
from 2022

From $889k in 2022 to $1M in 2023.

$889k
2022
$1M
2023
In today's dollarsEst.
Up 13% in real terms$1M to $1.1M

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Highest Compensated Employee pay rose 68% from 2022 to 2023, while revenue rose 7%.

$620k in 2022 to $1M in 2023.
  • Chief Executive Officer pay rose 3% from 2022 to 2023.
  • Key Employee pay held roughly steady from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about Boston Children's Heart Foundation Inc

What does the Highest Compensated Employee of Boston Children's Heart Foundation Inc earn?

In 2023, the Highest Compensated Employee of Boston Children's Heart Foundation Inc received $1,039,530 in total compensation. This pay is in the top 10% for Highest Compensated Employee roles among Health Care organizations in Massachusetts: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at Boston Children's Heart Foundation Inc compare with similar nonprofits?

Compared with the same role at Health Care organizations in Massachusetts, the 2023 pay of the Highest Compensated Employee at Boston Children's Heart Foundation Inc falls in the top 10%. In 2023, the highest total compensation at Boston Children's Heart Foundation Inc equaled 1.0% of the organization's total expenses. The median for health care organizations is 4%.

What are Boston Children's Heart Foundation Inc's revenue and expenses?

In 2023, Boston Children's Heart Foundation Inc reported $83.8M in total revenue and $108.6M in total expenses on its IRS Form 990.

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