2024-08-14T17:24:24+00:00 2023-09-30 350921680 CROWE LLP 9 Greenway Plaza Suite 1700 Houston TX 770460946 990 2022-10-01 202380599 Texas Children's Hospital Foundation TEXA 8328242918 6330 West Loop South 1300 Bellaire TX 77401 Weldon Gage Executive Vice President & CFO 2024-08-14 false Rachel Spurlock P00520729 7136679147 2022 2024-08-08 14:25:15Z X Weldon Gage 6330 West Loop South 1300 Bellaire TX 77401 1204680320 false X www.texaschildrens.org X 2005 TX TO CREATE A HEALTHIER FUTURE FOR CHILDREN AND WOMEN THROUGHOUT OUR GLOBAL COMMUNITY BY LEADING IN PATIENT CARE, EDUCATION AND RESEARCH. 10 9 0 9 0 0 0 0 75424251 65346352 0 75424251 65346352 0 0 0 0 0 7359769 9278542 7359769 9278542 68064482 56067810 2955133812 3223213948 554767838 664537553 2400365974 2558676395 TO CREATE A HEALTHIER FUTURE FOR CHILDREN AND WOMEN THROUGHOUT OUR GLOBAL COMMUNITY BY LEADING IN PATIENT CARE, EDUCATION AND RESEARCH. false false 9278542 THE TEXAS CHILDREN'S HOSPITAL FOUNDATION, IN FULFILLING ITS PURPOSE OF SUPPORTING TEXAS CHILDREN'S HOSPITAL, ACTIVELY MANAGES INVESTMENTS FOR THE HOSPITAL TO GENERATE SUPPORT FUNDS. THE FUNDS ARE SPECIFICALLY IN SUPPORT OF TEXAS CHILDREN'S HOSPITAL'S ADVANCES IN CUTTING-EDGE PEDIATRIC MEDICAL RESEARCH AND PROVIDING GREATER ACCESS TO HIGH-QUALITY HEALTHCARE FOR WOMEN, CHILDREN AND FAMILIES IN THE COMMUNITY. 9278542 true false false false false false false false false false true false false true true false true false false true false false false false false false false false true false false false false false false false false false false false false false true false false false true X 0 0 0 true true true CJ false false false false false false false false true false X 10 9 false false false false true true true true false false false true true true true true true false false false X Scott Elliott 8328242951 6330 WEST LOOP SOUTH STE 1300 BELLAIRE TX 77401 LE SIMMONS BOARD MEMBER / CHAIR 1.0 2.0 X X 0 0 0 MARK A WALLACE BOARD MEMBER / PRESIDENT / CEO 1.0 39.0 X X 0 6159574 1510348 BARRY MARGOLIS BOARD MEMBER 1.0 0 X 0 0 0 C PARK SHAPER BOARD MEMBER 1.0 1.0 X 0 0 0 CAROLYN SABAT BOARD MEMBER 1.0 1.0 X 0 0 0 DANIEL PICKERING BOARD MEMBER 1.0 1.0 X 0 0 0 GARY L ROSENTHAL BOARD MEMBER 1.0 3.0 X 0 0 0 MICHAEL C LINN BOARD MEMBER 1.0 1.0 X 0 0 0 RONALD C HULME BOARD MEMBER 1.0 1.0 X 0 0 0 TYM TOMBAR BOARD MEMBER 1.0 1.0 X 0 0 0 AISHA JAMAL BOARD SECRETARY AS OF 3/9/23 / VICE PRESIDENT ALL YEAR 1.0 39.0 X 0 399578 125198 LANCE A LIGHTFOOT BOARD SECRETARY THROUGH 3/8/23 / SENIOR VICE PRESIDENT ALL YEAR 1.0 39.0 X 0 1653642 311254 0 8212794 1946800 0 false true false 0 0 0 0 0 0 0 25956335 25956335 0 0 1178723985 1139333968 39390017 0 39390017 39390017 0 0 0 0 0 65346352 0 0 65346352 1444075 1444075 0 0 0 0 ALLOCATED COSTS INTERCOMPANY INVESTMENT OFFICE EXPENSE 3953342 3953342 OTHER INVESTMENT-RELATED FEES 3881125 3881125 0 0 0 0 9278542 9278542 0 0 15032068 37556010 5126830 10207420 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 730055917 838324778 2140560194 2243088449 0 0 0 64358803 94037291 2955133812 3223213948 95166443 116904424 0 0 0 0 0 0 0 0 0 0 0 0 0 0 459601395 547633129 554767838 664537553 X 2400365974 2558676395 0 0 0 0 0 0 0 0 2400365974 2558676395 2955133812 3223213948 X 56067810 152070721 -49828110 X false true X true false X X 1 TEXAS CHILDREN'S HOSPITAL 741100555 3 true 9278542 0 1 9278542 0 true false false false false false false false false false false false false false false false Schedule A, Part IV, Section C, Line 1 Majority director detail The President and CEO of Texas Children's (TC) is also the President and CEO of Texas Children's Hospital Foundation (TCHF). TC is the sole corporate member of TCHF and as such has extensive rights and powers (including the authority to appoint and remove board members) over TCHF as reflected in the bylaws. PRIVATE EQUITY 1028149884 F HEDGE FUND 1214938565 F 2243088449 DUE TO AFFILIATES 547633129 547633129 X Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote MANAGEMENT ANNUALLY REVIEWS ITS TAX POSITIONS AND HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION IN THE ACCOMPANYING CONSOLIDATED BALANCE SHEETS AS OF SEPTEMBER 30, 2023 OR 2022. Central America and the Caribbean 0 0 Investments 1077664669 East Asia and the Pacific 0 0 Investments 66095773 Sub-Saharan Africa 0 0 Investments 19832985 0 0 0 0 0 0 1163593427 0 1163593427 true false true true true false Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN-Accrual; EAST ASIA AND THE PACIFIC-Accrual; SUB-SAHARAN AFRICA-Accrual false true false false false false false false false MARK A WALLACE BOARD MEMBER / PRESIDENT / CEO 0 2474348 0 3032800 0 652426 0 1476652 0 33696 0 7669922 0 2200000 LANCE A LIGHTFOOT BOARD SECRETARY THROUGH 3/8/23 / SENIOR VICE PRESIDENT ALL YEAR 0 753414 0 737560 0 162668 0 275313 0 35941 0 1964896 0 627694 AISHA JAMAL BOARD SECRETARY AS OF 3/9/23 / VICE PRESIDENT ALL YEAR 0 312836 0 64100 0 22642 0 106973 0 18225 0 524776 0 0 Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation Compensation for the organization's top management official is established by Texas Children's and Texas Children's Hospital, using the following methods: * Compensation Committee * Independent Compensation Consultant * Compensation Survey or Study * Approval by the Board or Compensation Committee Schedule J, Part I, Line 4b 457 (F) PLANS 457(F) PLANS: PAID/DEFERRED AISHA JAMAL 0 / 30,000 LANCE A. LIGHTFOOT 132,705 / 125,500 MARK A. WALLACE 519,500 / 0 457(F): THE 457(F) PLANS ARE NON-QUALIFIED DEFERRED COMPENSATION PLANS THAT ALLOW EXECUTIVES AND ELIGIBLE PHYSICIANS TO RECEIVE SUPPLEMENTAL RETIREMENT INCOME. FUNDS MAY BE CREDITED INTO THIS ACCOUNT FROM AN EMPLOYER CONTRIBUTION, CALCULATED BASED ON AN INDIVIDUAL'S TITLE AND BASE SALARY AS OF JANUARY 1. THESE EMPLOYER FUNDED CONTRIBUTIONS VEST AFTER THE EARLIER OF 5 YEARS IN THE PLAN, THE ATTAINMENT OF AGE 60 WITH 75 POINTS DETERMINED AS THE SUM OF AGE AND YEARS OF SERVICE, OR AT AGE 65. THE 475(F) PLAN ALSO CONTAINS RESIDUAL CAPITAL APPRECIATION CONTRIBUTIONS FROM A FLEXIBLE BENEFIT ACCOUNT SURPLUS. THESE CONTRIBUTIONS VEST AFTER A MINIMUM OF 5 YEARS IN THE PLAN. Schedule J, Part I, Line 4b SPLIT DOLLAR LIFE INSURANCE PLAN Certain individuals listed at Form 990, Part VII have split-dollar life insurance policies. The premiums were paid by Texas Children's prior to calendar year 2022 and will be recovered partially or fully when the policy is terminated or transferred to the executive. Participants include the following executives: Lance A. Lightfoot and Mark A. Wallace. Form 990, Part V, Line 1a NON-EMPLOYEE COMPENSATION TEXAS CHILDREN'S HOSPITAL (74-1100555) IS RESPONSIBLE FOR ALL FORM 1096 AND FORM 1099 FILINGS. AS SUCH, THIS INFORMATION IS REPORTED ON THE TEXAS CHILDREN'S HOSPITAL FORM 990. Form 990, Part VI, Line 6 Classes of members or stockholders TEXAS CHILDREN'S IS THE SOLE CORPORATE MEMBER OF TEXAS CHILDREN'S HOSPITAL FOUNDATION. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body TEXAS CHILDREN'S ANNUALLY APPOINTS THE ORGANIZATION'S BOARD OF DIRECTORS. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders PER THE ORGANIZATION'S BYLAWS, THE MEMBER HAS CERTAIN RESERVED POWERS: - Approve, interpret or change the purpose of the Corporation. - Fix the number, appoint or remove, with or without cause, any Director of the Corporation (each, a "Director, collectively, "Directors"). - Approve the merger, dissolution or consolidation or reorganization of the Corporation. - Approve the acquisition, sale, lease, transfer, or other alienation of property of the Corporation, other than in the usual and regular course of the Corporation's business, when such acquisition, sale, lease, transfer or other alienation is above specific financial levels set in accordance with policies established from time to time by the Member. - Approve capital and operating budgets of the Corporation. - Adopt or amend salaries or other compensation (including the awarding of any incentive compensation) of the officers of the Corporation, physician employees of the Corporation, if any, and physicians who are independent contractors of the Corporation, if any. - Approve debt incurred by the Corporation that is in excess of such limits as are established by the Member. - Approve the disposition of assets of the Corporation at the time of its dissolution. - Approve any long-range financial and strategic plans for the Corporation. - Select the Corporation's auditors. - Designate additional or successor Member(s). - Any other matters with respect to which exclusive authority is granted to the Member by law, the Amended and Restated Certificate of Formation, or these Bylaws. Form 990, Part VI, Line 8b Documentation of meetings held by committees of governing body NO SUCH COMMITTEES EXIST. Form 990, Part VI, Line 11b Review of form 990 by governing body Per a resolution approved by the member's board of trustees, the member board's audit, compliance, & risk committee has delegated authority to review the organization's completed Form 990 prior to filing. Following the audit, compliance, & risk Committee's review and approval, the completed Form 990 is shared with the members of the organization's board of directors and board of trustees prior to filing with the IRS. Form 990, Part VI, Line 12c Conflict of interest policy THE ORGANIZATION CONSISTENTLY MONITORS AND ENFORCES THE CONFLICT OF INTEREST POLICY THROUGH TWO SEPARATE PROCESSES, ONE THAT APPLIES TO THE BOARD MEMBERS, AND A SECOND THAT APPLIES TO OFFICERS AND KEY EMPLOYEES. 1) BOARD MEMBERS: PER THE ORGANIZATION'S BOARD-APPROVED CONFLICTS REVIEW PROCESS, RESPONSES TO THE ANNUAL CONFLICTS QUESTIONNAIRE ARE REVIEWED BY THE MEMBER'S BOARD LEADERSHIP AND PRESENTED TO THE MEMBER'S AUDIT, COMPLIANCE, & RISK COMMITTEE. IF THE COMMITTEE DEEMS THERE ARE ANY SIGNIFICANT ISSUES, THE RESPONSES ARE THEN REVIEWED BY THE MEMBER BOARD'S EXECUTIVE COMMITTEE AND ANY REQUIRED ACTION (RECUSEMENT FROM BOARD DELIBERATIONS RELATED TO THE CONFLICT, ETC.) IS TAKEN IN ACCORDANCE WITH THE ORGANIZATION'S BOARD-APPROVED CODE OF CONDUCT. 2) OFFICERS / KEY EMPLOYEES: PER THE ORGANIZATION'S BOARD-APPROVED CONFLICTS REVIEW PROCESS, RESPONSES TO THE ANNUAL CONFLICTS QUESTIONNAIRE ARE REVIEWED BY THE COMPLIANCE SERVICES DEPARTMENT. IF THE DEPARTMENT DEEMS THERE ARE ANY SIGNIFICANT ISSUES, REQUIRED ACTION IS TAKEN IN ACCORDANCE WITH THE ORGANIZATION'S BOARD-APPROVED CODE OF CONDUCT AND THE BOARD IS NOTIFIED OF SUCH ACTIONS. Form 990, Part VI, Line 19 Required documents available to the public THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part XI, Line 9 Other changes in net assets or fund balances TRANSFER TO TEXAS CHILDREN'S HOSPITAL - -49828110; FORM 990, PART VI, LINE 15A DETERMINING COMPENSATION FOR TOP MANAGEMENT OFFICIAL COMPENSATION FOR THE ORGANIZATION'S TOP MANAGEMENT OFFICIAL IS PAID BY TEXAS CHILDREN'S HOSPITAL, A RELATED TAX EXEMPT ORGANIZATION. BECAUSE THE ORGANIZATION'S TOP MANAGEMENT OFFICIAL IS NOT PAID BY THE FILING ORGANIZATION, QUESTION 15A HAS BEEN ANSWERED NO. FORM 990, PART VI, LINE 15B PROCESS FOR DETERMINING COMPENSATION OF OTHER OFFICERS COMPENSATION FOR THE ORGANIZATION'S OTHER OFFICERS IS PAID BY TEXAS CHILDREN'S HOSPITAL, A RELATED TAX EXEMPT ORGANIZATION. BECAUSE THE ORGANIZATION'S OTHER OFFICERS ARE NOT PAID BY THE FILING ORGANIZATION, QUESTION 15B HAS BEEN ANSWERED NO. TEXAS CHILDREN'S 6330 WEST LOOP SOUTH SUITE 1300 BELLAIRE TX 77401 760461578 PARENT TX 501(c)(3) Type II NA false TEXAS CHILDREN'S HEALTH PLAN 6330 WEST LOOP SOUTH SUITE 800 BELLAIRE TX 77401 760486264 HEALTH CARE TX 501(c)(3) 10 TEXAS CHILDREN'S false TEXAS CHILDREN'S GLOBAL PO BOX 300630 HOUSTON TX 77230 261482195 HEALTH CARE TX 501(c)(3) Type II TEXAS CHILDREN'S false TEXAS CHILDREN'S HOSPITAL 6621 FANNIN STREET HOUSTON TX 77030 741100555 HOSPITAL TX 501(c)(3) 3 TEXAS CHILDREN'S false TCH PEDIATRIC ASSOCIATES Inc PO BOX 300630 HOUSTON TX 77230 760460242 HEALTH CARE TX 501(c)(3) 10 TEXAS CHILDREN'S false TEXAS CHILDREN'S PHYSICIAN GROUP 6621 FANNIN STREET HOUSTON TX 77030 260834681 HEALTH CARE TX 501(c)(3) 10 TEXAS CHILDREN'S false TEXAS CHILDREN'S HEALTH PLAN - THE CENTER 6330 WEST LOOP SOUTH SUITE 800 BELLAIRE TX 77401 461392824 HEALTH CARE TX 501(c)(3) Type I TEXAS CHILDREN'S HEALTH PLAN false TEXAS CHILDREN'S URGENT CARE 6330 WEST LOOP SOUTH SUITE 1300 BELLAIRE TX 77401 472029489 HEALTH CARE TX 501(c)(3) 10 TCH PEDIATRIC ASSOCIATES INC false THE GORDON AND MARY CAIN PEDIATRIC NEUROLOGY RESEARCH FOUNDATION 6330 WEST LOOP SOUTH SUITE 1300 BELLAIRE TX 77401 760246858 SUPPORTING ORG TX 501(c)(3) Type I TEXAS CHILDREN'S false TCH INSURANCE COMPANY LTD PO BOX 1051 GRAND CAYMAN CJ KY11102 980176652 INSURANCE CJ NA C Corporation false CVI GVF HOLDINGS 3 LTD PO BOX 309GT UGLAND HOUSE S CHURCH ST GEORGE TOWN GRAND CAYMAN CJ KY11104 981078282 INVESTMENT CJ Texas Children's Hospital Foundation C Corporation 1 true false false false false false false false false false false false false false true true false false false true