Civic Intelligence

The Christ Hospital Foundation

EIN 26-4165492 • 501(c)3 • Cincinnati, OH

Profile

The mission of the christ hospital foundation ('tch fdn') is to support the mission of the christ hospital ('tch'). Tch's mission is to improve the health of our community and create patient value by providing exceptional outcomes and the finest experiences, all in an affordable way.

2139 Auburn AvenueCincinnati, OH 45219

www.thechristhospital.com/about-the-network/foundation

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

3rd percentile

0.00x

Higher debt load relative to assets than 3% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2022

Liabilities / Revenue

4th percentile

0.00x

Higher debt load relative to revenue than 4% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2022

Net Margin

91st percentile

54%

Higher net margin than 91% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

18th percentile

-2.6%

Faster asset growth than 18% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2021 to 2022

Revenue Growth

7th percentile

-33%

Faster revenue growth than 7% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2021 to 2022

Assets

Up

$91,038,285

Up $10,666,189 (+13%) from 2023

Liabilities

Down

$808

Down $9,622 (-92%) from 2023

Net Assets

Up

$91,037,477

Up $10,675,811 (+13%) from 2023

Revenue

Up

$11,399,859

Up $6,098,173 (+115%) from 2023

Expenses

Down

$4,869,098

Down $590,720 (-11%) from 2023

Net Income

Up

$6,530,761

Up $6,688,893 (+4230%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300M$200M$100M$0-$100MAssets 2010: $255,884,075Liabilities 2010: $232,607,070Net Assets 2010: $23,277,0052010Assets 2011: $25,544,197Liabilities 2011: $0Net Assets 2011: $25,544,1972011Assets 2012: $25,904,077Liabilities 2012: $0Net Assets 2012: $25,904,0772012Assets 2013: $25,882,968Liabilities 2013: -$384,411Net Assets 2013: $26,267,3792013Assets 2014: $31,456,045Liabilities 2014: $350,687Net Assets 2014: $31,105,3582014Assets 2015: $37,397,537Liabilities 2015: $5,426Net Assets 2015: $37,392,1112015Assets 2016: $39,415,404Liabilities 2016: $7,438Net Assets 2016: $39,407,9662016Assets 2017: $45,947,875Liabilities 2017: $7,498Net Assets 2017: $45,940,3772017Assets 2018: $53,564,843Liabilities 2018: $2,740Net Assets 2018: $53,562,1032018Assets 2019: $60,358,628Liabilities 2019: $1,163Net Assets 2019: $60,357,4652019Assets 2020: $64,978,000Liabilities 2020: $800Net Assets 2020: $64,977,2002020Assets 2021: $77,425,569Liabilities 2021: $5,367Net Assets 2021: $77,420,2022021Assets 2022: $75,425,024Liabilities 2022: $5,871Net Assets 2022: $75,419,1532022Assets 2023: $80,372,096Liabilities 2023: $10,430Net Assets 2023: $80,361,6662023Assets 2024: $91,038,285Liabilities 2024: $808Net Assets 2024: $91,037,4772024

Highlighted filing

2024

Assets$91,038,285
Liabilities$808
Net Assets$91,037,477

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$20M$15M$10M$5.0M$0-$5.0MExpenses 2010: $654,5322010Expenses 2011: $2,885,6272011Expenses 2012: $964,9502012Expenses 2013: $728,5262013Revenue 2014: $5,863,250Expenses 2014: $1,025,271Net Income 2014: $4,837,9792014Revenue 2015: $7,070,498Expenses 2015: $783,745Net Income 2015: $6,286,7532015Revenue 2016: $5,359,755Expenses 2016: $3,343,900Net Income 2016: $2,015,8552016Revenue 2017: $9,797,072Expenses 2017: $3,264,661Net Income 2017: $6,532,4112017Revenue 2018: $9,652,201Expenses 2018: $2,030,475Net Income 2018: $7,621,7262018Revenue 2019: $10,254,787Expenses 2019: $3,459,425Net Income 2019: $6,795,3622019Revenue 2020: $7,876,730Expenses 2020: $3,256,995Net Income 2020: $4,619,7352020Revenue 2021: $16,133,554Expenses 2021: $3,690,552Net Income 2021: $12,443,0022021Revenue 2022: $10,790,160Expenses 2022: $4,998,137Net Income 2022: $5,792,0232022Revenue 2023: $5,301,686Expenses 2023: $5,459,818Net Income 2023: -$158,1322023Revenue 2024: $11,399,859Expenses 2024: $4,869,098Net Income 2024: $6,530,7612024

Highlighted filing

2024

Revenue$11,399,859
Expenses$4,869,098
Net Income$6,530,761

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$91.0$0.00$91.0$11.4$4.87$6.53
2023Detailed filing. Detailed filing data is available for this year.$80.4$0.01$80.4$5.30$5.46$0.16
2022Detailed filing. Detailed filing data is available for this year.$75.4$0.01$75.4$10.8$5.00$5.79
2021Detailed filing. Detailed filing data is available for this year.$77.4$0.01$77.4$16.1$3.69$12.4
2020Detailed filing. Detailed filing data is available for this year.$65.0$0.00$65.0$7.88$3.26$4.62
2019Detailed filing. Detailed filing data is available for this year.$60.4$0.00$60.4$10.3$3.46$6.80
2018Detailed filing. Detailed filing data is available for this year.$53.6$0.00$53.6$9.65$2.03$7.62
2017Detailed filing. Detailed filing data is available for this year.$45.9$0.01$45.9$9.80$3.26$6.53
2016Detailed filing. Detailed filing data is available for this year.$39.4$0.01$39.4$5.36$3.34$2.02
2015Detailed filing. Detailed filing data is available for this year.$37.4$0.01$37.4$7.07$0.78$6.29
2014Detailed filing. Detailed filing data is available for this year.$31.5$0.35$31.1$5.86$1.03$4.84
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.9$0.38$26.3$0.73
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.9$0.00$25.9$0.96
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.5$0.00$25.5$2.89
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$256$233$23.3$0.65
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 15, 2025
Return Version
2023v6.0
Gross Receipts
$11,403,263
Mission and Program Overview

Mission

The mission of the christ hospital foundation ('tch fdn') is to support the mission of the christ hospital ('tch'). Tch's mission is to improve the health of our community and create patient value by providing exceptional outcomes and the finest experiences, all in an affordable way.

The mission of the christ hospital foundation is to support the christ hospital in its mission.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$47,829,033$56,162,761▲ $8,333,728
Accounts Receivable$23,312,748$27,376,010▲ $4,063,262
Pledges and Grants Receivable$6,830,886$4,889,029▼ $1,941,857
Savings and Temporary Cash Investments$2,399,429$2,610,485▲ $211,056
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0--
Investments Program Related$0--
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0--
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$80,372,096$91,038,285▲ $10,666,189
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$10,430$808▼ $9,622
Grants Payable$0--
Mortgage Notes Payable Secured by Investment Property$0--
Unsecured Notes Loans Payable$0--
Other Liabilities$0$0→ $0
Deferred Revenue$0--
Escrow Account Liability$0--
Tax Exempt Bond Liabilities$0--
Total Liabilities$10,430$808▼ $9,622
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$40,568,560$45,578,837▲ $5,010,277
Net Assets With Donor Restrictions$39,793,106$45,458,642▲ $5,665,536
Total Net Assets Fund Balance$80,361,666$91,037,479▲ $10,675,813
Total Liabilities and Net Assets / Fund Balance$80,372,096$91,038,287▲ $10,666,191

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$39,793,000$7,693,000▲ $4,349,000$4,278,000$45,458,000
2022$40,770,000$5,666,000▼ $145,000$4,613,000$39,793,000
2021$34,845,000$12,094,000▼ $141,000$3,667,000$40,770,000
2020$29,026,000$5,484,000▲ $4,372,000$1,653,000$34,845,000
2019$28,801,000$7,071,000▼ $122,000$4,901,000$29,026,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
Stephen RosfeldPresident (beg 4/24)
Richard F KammererPresident (thru 12/23)
Deborah HayesVice-president
Theodore ScherpenbergTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$7,685,082
Program Service Revenue
$0
Investment Income
$3,710,021
Other Revenue
$4,756
All Other Contributions
$7,659,310
Change in Net Assets
$6,530,761

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded5$97,068Cost
Total Noncash Contributions5$97,068-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,769,684
Grants and Similar Amounts Paid$2,099,414
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$2,099,414--$2,099,414
Other Expenses$151,606$0$0$151,606
Fees for Service Investment Mgmnt Fees$0$78,025$0$78,025
Total Functional Expenses$4,791,073$78,025$0$4,869,098
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
The Christ College of Nursing & Health SciencesCincinnati, OH501(c) (3)Nursing Assistance$1,772,069
The Christ HospitalCincinnati, OH501(c) (3)Hospital Assistance$216,593
The Christ HospitalCincinnati, OH501(c) (3)Employee Hardship$110,752
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$8,160
Fundraising Direct Expenses$3,404
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Auction$33,932$8,160$404$7,756
Event 2-$0-$0
Total Events$33,932$8,160$3,404$4,756
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 15 POLICIES

No officers, key employees, or top management officials were compensated by the filing organization.

Form 990, Part VI, Line 6 Classes of members or stockholders

The sole member of tch fdn is tch.

Form 990, Part VI, Line 7A Members or stockholders electing members of governing body

Tch has the authority to appoint members to the governing board of tch fdn.

Form 990, Part VI, Line 7B Decisions requiring approval by members or stockholders

Tch has the following authority with respect to tch fdn: 1) to receive the net assets of tch fdn upon dissolution, and 2) to approve significant decisions of the governing board of tch fdn. Significant decisions include those with the potential to impact the mission and vision of tch fdn.

Form 990, Part VI, Line 11B Review of form 990 by governing body

The form 990 is prepared and reviewed by an outside accounting firm. The form 990 is then reviewed by the tch controller, the tch chief financial officer, and the president of the tch fdn. The form is then presented to tch's board of directors for final review.

Form 990, Part VI, Line 12C Conflict of interest policy

Conflict of interest (coi) disclosure forms are distributed annually to certain potentially affected individuals. Individuals are under a duty to disclose any potential conflicts that may arise between the annual filings of the disclosure form. Individuals covered under the conflict of interest policy include officers and directors. Conflicts of interest are determined based on responses to the coi annual certification. These are reviewed by legal services and forwarded to senior management. Based on the nature of the job duties and specific disclosures in the certification, further clarification may be requested and/or a decision to implement alternative procedures that will eliminate the potential conflict of interest will be made.

Form 990, Part VI, Line 19 Required documents available to the public

The organization's governing documents, conflict of interest policy, and financial statements are made available to the public upon reasonable request and as required.

Filing and Contact Details

Filer

Filer Name
The Christ Hospital Foundation
EIN
26-4165492
Phone
5135852000
Address
2139 Auburn Avenue, Cincinnati, OH 45219

Signing Officer

Name
Theodore Scherpenberg
Title
VP & CFO
Phone
5135852000
Signed
2025-05-15
Discuss with paid preparer
Yes

Organization Details

Formed
2009
Legal Domicile
Oh
Voting Board Members
3
Independent Board Members
0
Employees
0
Volunteers
19

Preparer

Firm
Ernst & Young US Llp
Address
221 EAST 4TH STREET, CINCINNATI, OH 45202
Preparer
Julie L Sparks
Phone
5136121400
Supplemental Narrative

Additional Explanations

Form 990, Part V, Line 1A IRS FILINGS AND TAX COMPLIANCE

All payroll services for the christ hospital foundation ('tch fdn') employees are included as a part of the christ hospital payroll service. All wage, payroll tax, and w-2 information is filed in conjunction with that of the christ hospital ('tch').

Financial Statement Notes

Schedule D, Part V, Line 4 Intended uses of endowment funds

All funds received by the christ hospital foundation ('the foundation'), both permanently and temporarily restricted, are used in line with the donor's intent. All funds are monitored by the foundation's officers, a gift fund review committee, and general accounting and if expenses are identified as appropriate to the fund, the fund will be charged for the expenditure. For permanent endowments, investment income will be allocated between increasing the fund's corpus and benefiting the program as specified by the donor.

Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote

The foundation is a subsidiary of the christ hospital ('tch'). Tch completed the asc 740 analysis at the consolidated level, which is inclusive of the foundation and the following is an excerpt from the consolidated financial statements. Tch is recognized as exempt from federal income tax under section 501(a) of the internal revenue code as a charitable organization qualifying under internal revenue code section 501(c)(3). Tch completed an analysis of uncertain tax positions in accordance with applicable accounting guidance at june 30, 2024 and 2023, and determined no amounts were required to be recognized in the consolidated financial statements at june 30, 2024 or 2023.

Raw XML AppendixShowing 400 of 719 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/MissionDesc0THE MISSION OF THE CHRIST HOSPITAL FOUNDATION ('TCH FDN') IS TO SUPPORT THE MISSION OF THE CHRIST HOSPITAL ('TCH'). TCH'S MISSION IS TO IMPROVE THE HEALTH OF OUR COMMUNITY AND CREATE PATIENT VALUE BY PROVIDING EXCEPTIONAL OUTCOMES AND THE FINEST EXPERIENCES, ALL IN AN AFFORDABLE WAY.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ALL FUNDS RECEIVED BY THE CHRIST HOSPITAL FOUNDATION ('THE FOUNDATION'), BOTH PERMANENTLY AND TEMPORARILY RESTRICTED, ARE USED IN LINE WITH THE DONOR'S INTENT. ALL FUNDS ARE MONITORED BY THE FOUNDATION'S OFFICERS, A GIFT FUND REVIEW COMMITTEE, AND GENERAL ACCOUNTING AND IF EXPENSES ARE IDENTIFIED AS APPROPRIATE TO THE FUND, THE FUND WILL BE CHARGED FOR THE EXPENDITURE. FOR PERMANENT ENDOWMENTS, INVESTMENT INCOME WILL BE ALLOCATED BETWEEN INCREASING THE FUND'S CORPUS AND BENEFITING THE PROGRAM AS SPECIFIED BY THE DONOR.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE FOUNDATION IS A SUBSIDIARY OF THE CHRIST HOSPITAL ('TCH'). TCH COMPLETED THE ASC 740 ANALYSIS AT THE CONSOLIDATED LEVEL, WHICH IS INCLUSIVE OF THE FOUNDATION AND THE FOLLOWING IS AN EXCERPT FROM THE CONSOLIDATED FINANCIAL STATEMENTS. TCH IS RECOGNIZED AS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE AS A CHARITABLE ORGANIZATION QUALIFYING UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). TCH COMPLETED AN ANALYSIS OF UNCERTAIN TAX POSITIONS IN ACCORDANCE WITH APPLICABLE ACCOUNTING GUIDANCE AT JUNE 30, 2024 AND 2023, AND DETERMINED NO AMOUNTS WERE REQUIRED TO BE RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS AT JUNE 30, 2024 OR 2023.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule D, Part V, Line 4 Intended uses of endowment funds
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote
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IRS990ScheduleD/TotalLiabilityAmt00
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IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt01772069
IRS990ScheduleI/RecipientTable/CashGrantAmt1110752
IRS990ScheduleI/RecipientTable/CashGrantAmt2216593
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C) (3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C) (3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501(C) (3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0NURSING ASSISTANCE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1EMPLOYEE HARDSHIP
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2HOSPITAL ASSISTANCE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0THE CHRIST COLLEGE OF NURSING & HEALTH SCIENCES
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1THE CHRIST HOSPITAL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2THE CHRIST HOSPITAL
IRS990ScheduleI/RecipientTable/RecipientEIN0203823825
IRS990ScheduleI/RecipientTable/RecipientEIN1310538525
IRS990ScheduleI/RecipientTable/RecipientEIN2310538525
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt02139 AUBURN AVENUE

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