Texas Children'S Hospital

“Texas Children's is the parent entity of Texas Children's Hospital. Texas Children's board of directors retains significant reserved authorities (detailed in Part VI, Line 7b below) that allow it to provide strategic oversight and direction to Texas Children's Hospital and its affiliated entities. Texas Children's board is representative of the community served and is composed of 35 individuals, 34 of which are independent.”

“Texas Children's is the sole corporate member of Texas Children's Hospital.”

“Texas Children's annually appoints the Organization's board of directors.”

“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. - Fix the number, appoint, or remove, with or without cause, any Officer of the Corporation. - 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 specified 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, physician employees of the Corporation, if any, and physicians who are independent contractors to 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 Certificate of Formation, or these Bylaws.”

“No such committees exist.”

“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.”

“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.”

“The annual process for determining compensation includes: - review and approval by the member's independent governing body and compensation committee, provided that persons with a conflict of interest with respect to the compensation arrangement at issue were not involved. - comparable compensation data for similarly qualified persons in functionally comparable positions at similarly situated organizations. - contemporaneous documentation and recordkeeping with respect to deliberations and decisions regarding the compensation agreement. The calendar year 2023 compensation of the organization's officers and key employees was reviewed in october 2022, and compensation of the organization's ceo was reviewed in january 2023.”

“Please refer to process described in Part VI, Line 15a.”

“The governing documents, conflict of interest policy, and financial statements are available to the public upon request.”

“Drs. Andropoulos, belfort, hollier, shekerdemian, shilt, and versalovic, while employed by baylor college of medicine, serve as in-chiefs directing patient care at texas children's hospital. Due to their senior leadership roles, they are eligible for incentive compensation based on their contributions to achieving the organization's strategic goals. All compensation is earned in their capacity as physician leaders.”

“Other Revenues - Total Revenue: 19811049, Related or Exempt Function Revenue: 19811049, Unrelated Business Revenue: 0, Revenue Excluded from Tax Under Sections 512, 513, or 514: 0; RESTRICTED FUNDS UTILIZED - Total Revenue: 45578721, Related or Exempt Function Revenue: 45578721, Unrelated Business Revenue: 0, Revenue Excluded from Tax Under Sections 512, 513, or 514: 0;”

“TCPSO HEALTHCARE PROGRAM SUPPORT - Total Expense: XXX-XX-XXXX, Program Service Expense: XXX-XX-XXXX, Management and General Expenses: 4736960, Fundraising Expenses: 42182; HEALTHCARE PROFESSIONAL SERVICES - Total Expense: XXX-XX-XXXX, Program Service Expense: XXX-XX-XXXX, Management and General Expenses: 4778691, Fundraising Expenses: 0; OTHER NON-HEALTHCARE PROFESSIONAL SERVICES - Total Expense: XXX-XX-XXXX, Program Service Expense: XXX-XX-XXXX, Management and General Expenses: 8051561, Fundraising Expenses: 4144215; Case Management Services - Total Expense: 2100000, Program Service Expense: , Management and General Expenses: 2100000, Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ;”

“Actuarial gain on pension - 27660677; assets released from restriction - -283033; change in beneficial interest in affiliates - -40054658; change in charitable gift annuity - 7290; changes in fund balance - xxx-xx-xxxx; grant funded capital - 1996312; investment in affiliates - xxx-xx-xxxx;”