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Filing year 2023

Children's Hospital and Healthcare Services Foundation

Richmond, Virginia·EIN 51-0220692·NTEE E11 · Health Care·3
Total revenue
$45.5M
Total assets
$305.5M
Total expenses
$28.7M
Reported officers
13
Mission

Children's Hospital and Healthcare Services Foundation provides financial support to, and engages in fundraising activities to support the health and general welfare of children. The foundation's primary focus with regard to financial support is the Children's Hospital and Pediatric Services at Virginia Commonwealth University Health System Authority, collectively known as Children's Hospital of Richmond.

Executive compensation, broken down

Form 990 · Schedule J · 7 reported individuals · Filing year 2023

$449k
$490k
Base
$314k
Bonus
$100k
Other
Benefits
$20k
VP for Advancement & Operations
vice president
$222k
$242k
Base
$183k
Bonus
$4k
Other
Benefits
$25k
VP for Development
vice president
$215k
$234k
Base
$180k
Bonus
$4k
Other
Benefits
$22k
VP Communication & Donor Relations
vice president
$168k
$184k
Base
$139k
Bonus
$3k
Other
Benefits
$19k
VP Corporate Partnerships
vice president
$168k
$183k
Base
$136k
Bonus
$3k
Other
Benefits
$20k
Director of Major Gifts
highest compensated employee
$165k
$180k
Base
$130k
Bonus
$3k
Other
Benefits
$24k
Base
$120k
Bonus
$3k
Other
Benefits
$29k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 6 unpaid individuals.

Browse compensation in Health Care

Up 62%
from 2022

From $277k in 2022 to $449k in 2023.

$277k
2022
$449k
2023
In today's dollarsEst.
Up 55% in real terms$316k to $490k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

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

Revenue and expenses over time

Children's Hospital and Healthcare Services Foundation reported revenue and expenses across 2 filing years.

RevenueExpenses
$40M
$29.4M
2022
$45.5M
$28.7M
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Health Care executives earn in Virginia

Comparable health care organizations in Virginia pay their highest-earning executive a median of $102,486.

25th percentile
$55k
Median
$102,486
75th percentile
$256k
90th percentile
$518k

These are health care sector-wide figures, not this organization's reported pay. Based on 92 organizations across 92 filings (2021 – 2023).

See full Health Care pay data for Virginia
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