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Filing year 2023

Children's Hospital and Healthcare Services Foundation

Richmond, Virginia·EIN 51-0220692·NTEE E11 · Health Care·501(c)(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 · Part VII & Schedule J · 7 reported individuals · Filing year 2023

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

President & CEO
75th to 90th percentile
$449k
Base
$314k
Bonus
$100k
Other
—
Benefits
$20k
VP for Advancement & Operations
Board Vice President
25th percentile to median
$222k
Base
$183k
Bonus
$4k
Other
—
Benefits
$25k
VP for Development
Board Vice President
25th percentile to median
$215k
Base
$180k
Bonus
$4k
Other
—
Benefits
$22k
VP Communication & Donor Relations
Board Vice President
25th percentile to median
$168k
Base
$139k
Bonus
$3k
Other
—
Benefits
$19k
VP Corporate Partnerships
Board Vice President
25th percentile to median
$168k
Base
$136k
Bonus
$3k
Other
—
Benefits
$20k
Director of Major Gifts
Highest Compensated Employee
25th percentile to median
$165k
Base
$130k
Bonus
$3k
Other
—
Benefits
$24k
CFO
25th percentile to median
$159k
Base
$120k
Bonus
$3k
Other
—
Benefits
$29k

Plus 6 unpaid individuals.

Browse compensation in Health Care →

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at Children's Hospital and Healthcare Services Foundation equaled 2% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2023)
2%
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 62%
from 2022

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

$277k
2022
$449k
2023
Pay for the position

Chief Executive Officer pay rose 62% from 2022 to 2023, while revenue rose 14%.

$277k in 2022 to $449k in 2023.
  • Board Vice President pay rose 4% from 2022 to 2023.
  • Highest Compensated Employee pay rose 3% 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 Children's Hospital and Healthcare Services Foundation

What does the Chief Executive Officer of Children's Hospital and Healthcare Services Foundation earn?

In 2023, the Chief Executive Officer of Children's Hospital and Healthcare Services Foundation received $449,027 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Health Care organizations in Virginia, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at Children's Hospital and Healthcare Services Foundation compare with similar nonprofits?

Compared with the same role at Health Care organizations in Virginia, the 2023 pay of the Chief Executive Officer at Children's Hospital and Healthcare Services Foundation falls between the 75th and 90th percentiles. In 2023, the highest total compensation at Children's Hospital and Healthcare Services Foundation equaled 2% of the organization's total expenses. The median for health care organizations is 4%.

What are Children's Hospital and Healthcare Services Foundation's revenue and expenses?

In 2023, Children's Hospital and Healthcare Services Foundation reported $45.5M in total revenue and $28.7M in total expenses on its IRS Form 990.

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