Akron Childrens Hospital Foundation
Akron Childrens Hospital Foundation
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About this organization
Mission
Akron Children's Hospital Foundation is organized exclusively for the benefit of Children's Hospital Medical Center of Akron. Its purpose is to solicit gift from donors.
About
The Akron Children's Hospital Foundation works to ensure that the Hospital (CHMCA) can continue to uphold its three promises: 1) treat each other the way we would want to be treated 2) treat each child as if it were our own 3) turn no child away for any reason During 2018, CHMCA completed a 230,000 square foot addition to the Considine Professional Building. The new building brings together all of our outpatient clinics on the Akron campus and continues the campus transformation the hospital began in 2012 when it opened the Kay Jewelers Pavilion in 2015. The Considine Building expansion project will help meet the growing need for more space in the Neurodevelopmental Science Center and Sports Medicine. In addition, the outpatient pharmacy will move into the larger renovated space. The biggest change with the expansion and combining all the out-patient clinics in one building will be the centralized check-in and registration process. This centralized registration will allow for faster access to patient services. The building will also feature amenities for families including a caf. Philanthropy played a key role in the success of the campus expansion. The Kay Jeweler's Pavilion ("KJP") was opened in May 2015 and approximately $30,000,000 was raised by the Foundation to offset the costs of construction. During 2017 and 2018, an additional amount of $282,000 was raised for the Considine Professional Building expansion. During 2018, an additional amount of $4,907,934 Foundation funds were used by CHMCA to support its mission. These Foundation funds supported numerous programs within the Hospital such as Hematology/Oncology, The Akron Marathon, Global Health, Palliative Care, Research and Education, The Regional Burn Center, Safety and Injury Prevention, Child Advocacy, Neonatal, Pediatrics, Tele-Health Mental, Outreach, and other programs. Since the Foundation's creation, it has provided the sources to purchase specialized lifesaving medical equipment which might not have otherwise been possible within CHMCA's budget limitations. The Foundation has financed medical research into the cause, prevention and treatment of complex childhood diseases and problems, and has provided community safety programs in professional education, patient information and youth development. The net effect of these efforts has been to keep CHMCA at the forefront of healthcare, while minimizing the cost of such care to patients and their families.
Interesting data from their 2019 990 filing
The purpose of the non-profit is stated in the filing as “Akron children's hospital foundation is organized exclusively for the benefit of children's hospital medical center of akron ("chmca"). its purpose is to solicit gifts from donors to further the mission of chmca.”.
Their activities were defined as: “Akron children's hospital foundation is organized exclusively for the benefit of children's hospital medical center of akron. its purpose is to solicit gift from donors.”.
- As per legal requirements, the non-profit's state of operation is reported as OH.
- The non-profit's address in 2019 as per the filing is ONE PERKINS SQUARE, AKRON, OH, 44308.
- The form of the non-profit organization shows 0 employees as of 2019.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $12,379,898.
- The CEO's salary policy within the organization is not determined through a review and approval by an independent source.
- The organization elects its board members.
- The organization has a written policy that describes how long it will retain documents.
- The organization has 28 independent voting members.
- The organization was formed in 1971.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization is required to file Schedule J.
- The organization is required to file Schedule O.
- The organization pays $2,864,863 in salary, compensation, and benefits to its employees.
- The organization pays $3,987,376 in fundraising expenses.
- The organization has minutes of its meetings.
- The organization has a written whistleblower policy.
- The organization has fundraising events.
- The organization has grants to organizations.
- The organization's financial statements were reviewed by an accountant.