Frequently Asked Questions
What is the relationship between Children’s Hospital and Children’s Hospital Foundation?
Is my donation to Children’s Hospital Foundation tax deductible?
Can I make a donation online?
What percentage of every dollar donated to the Foundation goes directly to patient care?
Does Children’s Hospital provide uncompensated care?
How are monetary donations used?
Does Children’s Hospital Foundation have any online gift planning resources?
What is the relationship between Children’s Hospital and Children’s Hospital Foundation?
Children’s Hospital Foundation is a supporting entity of Children’s Hospital. The Foundation leads the philanthropic programs that are designed to support the hospital’s ongoing needs.
Is my donation to Children’s Hospital Foundation tax deductible?
Children’s Hospital Foundation is exempt from federal income taxes under Section 501(C)(3) of the Internal Revenue Code, therefore your gift is tax-deductible to the full extent provided by law. Our federal tax identification number is 51-0220692. You should consult your financial planner or tax adviser to determine the exact tax advantages of any gift you are considering.
We provide a receipt for all online gifts that can be used to claim a tax deduction. If you need a copy of the receipt or need a receipt for your annual giving please call 804.228.5814.
Can I make a donation online?
Yes, you can make an online donation to Children’s Hospital Foundation by clicking here.
What percentage of every dollar donated to the Foundation goes directly to patient care?
88% of all donations go directly to patient care, with the other 12% being used for administrative costs.
Does Children’s Hospital provide uncompensated care?
In fiscal year 2008, Children’s Hospital provided $10.4 million in uncompensated care, including charity care, contractual allowances, and uncollectable accounts.
How are monetary donations used?
Contributions can be made to the Foundation in a variety of ways, and donors have the ability to support general operations or designate their gifts for specific purposes. The money raised through the Foundation supports all aspects of Children’s Hospital, from equipment needs to patient field trips to special events. Click here to learn more about the kinds of gifts you can make to Children’s Hospital Foundation.
Does Children’s Hospital Foundation have any online gift planning resources?
Twice a year we share information through our newsletter, “The Legacy.” The latest issues are available by clicking here. For further information, we invite you to visit the Planning Perspectives website. This is a service of Children’s Hospital Foundation provided through SharpeNet, a leading resource for authoritative information related to effective structure of charitable gifts in light of tax and other financial considerations.