Childrens Medical Center Foundation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
CHILDREN'S MEDICAL CENTER FOUNDATION PURSUES AND SECURES PHILANTHROPIC CONTRIBUTIONS TO ENABLE CHILDREN'S HEALTH SYSTEM OF TEXAS AND ITS RELATED ENTITIES TO FULFILL THE MISSION OF MAKING LIFE BETTER FOR CHILDREN, IN FURTHERANCE OF THEIR CHARITABLE PURPOSES.
- Income
- $339.0 million
- Spending
- $122.0 million
- Spent on programs
- 81%
- Reserves
- Over 10 years of spending
- Largest source of income
- investment income, 58%
- Employees
- 0
- Volunteers
- 2,020
- Highest pay
- $4.3 million, voting ex officio
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 100 out of 100. Higher than 96% of charities in its peer group (health care, over $100m).
Reserves
35 of 35Spendable reserves would cover more than ten years of spending.
Debt
20 of 20It owes 2% of what it owns.
Living within its means
15 of 15Income exceeded spending by 64% of income.
Income trend
15 of 15Income rose 209% on the year before.
Spending floor
15 of 1581% of spending went to programs and raising each dollar of donations cost 14 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 85 out of 100. Higher than 21% of charities in its peer group (health care, over $100m).
Independent board
25 of 2512 of 13 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $99.3 million spent. CHILDREN'S MEDICAL CENTER FOUNDATION SHALL BE OPERATED EXCLUSIVELY FOR THE PROMOTION OF HEALTH AND THE ADVANCEMENT OF EDUCATION UNDER IRC SECTION 501(C)(3). THE FOUNDATION PURSUES AND SECURES PHILANTHROPIC CONTRIBUTIONS TO ENABLE CHILDREN'S HEALTH SYSTEM OF TEXAS, A 501(C)(3) ORGANIZATION, AND ITS RELATED ENTITIES TO FULFILL THE MISSION OF MAKING LIFE BETTER FOR CHILDREN, IN FURTHERANCE OF THEIR CHARITABLE PURPOSES. TO ACCOMPLISH THIS PURPOSE THE FOUNDATION, LIKE CHILDREN'S HEALTH, IS COMMITTED TO SUPPORTING THE INSTITUTION'S GUIDING PRINCIPLES: QUALITY CARE, RESEARCH AND INNOVATION, EDUCATION AND ADVOCACY, EXCELLENCE AND ACCOUNTABILITY. THE FOUNDATION, IN ADDITION TO SOLICITING CONTRIBUTIONS, THEN HOLDS, ADMINISTERS, INVESTS CASH AND OTHER PROPERTY THAT WAS CONTRIBUTED AND MAKES TRANSFERS TO CHILDREN'S HEALTH SYSTEM OF TEXAS AND ITS AFFILIATED 501(C)(3) ENTITIES FOR USE IN PURSUING THEIR TAX EXEMPT MISSION.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since September 1986.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.