BOSTON CHILDRENS HEART FOUNDATION INC Charity Report

Public IRS 990 nonprofit record

BOSTON CHILDRENS HEART FOUNDATION INC

EIN 04-2790699 · Health Care (E122)

What they do

The Foundation Provides Cardiology Services Primarily to Patients At Boston Childrens Hospital and At Satellite Locations. The Foundation Carries On and Promotes Basic and Applied Medical Research and Education In The Field of Cardiology By Teaching (see Schedule O) Students and Other Medical and Scientific Personnel. The Foundation Also Provides Care for Patients Regardless of Their Ability to Pay.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $96.70 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2023The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders23 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

125.21%of revenue went to mission work96.7% of expenses · Program services

$107.10spent for every $100 of revenueSpending was higher than revenue this year.

4.31%of revenue went to management and office costs3.3% of expenses

$1.32in assets for every $1 spent this yearSome assets cannot be spent right away.

0.2%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $7,198,817 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $1,039,530 for EDUARDO DA CRUZ MD (CARDIOLOGIST). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2023

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$83,816,049

Mission workProgram services$104,943,856125.21% of revenue96.7% of expenses

ManagementOffice and general costs$3,613,1224.31% of revenue3.3% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$108,556,978129.52% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2023CurrentExpense mix: 96.7% mission · 3.3% management · 0.0% fundraisingTotal expenses: 129.52% of revenue

2022Expense mix: 95.1% mission · 4.9% management · 0.0% fundraisingTotal expenses: 92.32% of revenue

2021Expense mix: 97.4% mission · 2.6% management · 0.0% fundraisingTotal expenses: 92.84% of revenue

2020Expense mix: 97.6% mission · 2.4% management · 0.0% fundraisingTotal expenses: 93.09% of revenue

2019Expense mix: 97.1% mission · 2.9% management · 0.0% fundraisingTotal expenses: 93.47% of revenue

2018Expense mix: 97.3% mission · 2.7% management · 0.0% fundraisingTotal expenses: 86.84% of revenue

2017Expense mix: 97.2% mission · 2.8% management · 0.0% fundraisingTotal expenses: 93.85% of revenue

2016Expense mix: 97.6% mission · 2.4% management · 0.0% fundraisingTotal expenses: 111.73% of revenue

Money in and money out

Revenue$101,358,161

Expenses$108,556,978

Annual shortfall $7,198,817 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$104,943,856 · 96.7% of expenses

Management and office costs$3,613,122 · 3.3% of expenses

See all reported dollar amounts

Revenue$101,358,161

Expenses$108,556,978

Assets$142,842,822

Income$106,518,214

Contributions$201,000

Mission work (program services)$104,943,856

Grants given$67,010,202

Average grant$5,584,184

Management and general$3,613,122

Executive compensation (total)$7,035,141

Stocks and bonds$9,552,232

Investing fees$29,551

People

Leadership and board

Tax year 2023

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

EDUARDO DA CRUZ MDCARDIOLOGIST · 60 hrs/week $1,039,530Base $938,457 · Other $101,073

TAL GEVA MDPRESIDENT · 55 hrs/week $912,151Base $836,994 · Other $75,157

JOHN KHEIR MDCARDIOLOGIST · 60 hrs/week $714,776Base $608,370 · Other $106,406

RAVI THIAGARAJAN MDDEPT. CHIEF · 60 hrs/week $648,815Base $553,340 · Other $95,475

EDWARD P WALSH MDCARDIOLOGIST · 60 hrs/week $638,948Base $548,526 · Other $90,422

ELIZABETH BLUME MDCARDIOLOGIST · 60 hrs/week $627,843Base $510,427 · Other $117,416

JANE NEWBURGER MDDEPT. CHIEF · 60 hrs/week $621,384Base $542,903 · Other $78,481

JOHN TRIEDMAN MDDIRECTOR (10/23-2/24) · 60 hrs/week $621,280Base $530,858 · Other $90,422

ANDREW J POWELL MDCARDIOLOGIST · 60 hrs/week $617,813Base $511,407 · Other $106,406

ROGER E BREITBART MDDEPT. CHIEF · 60 hrs/week $603,723Base $488,161 · Other $115,562

SARAH D DE FERRANTI MDSECRETARY/CLERK (10/23-2/24) · 60 hrs/week $544,188Base $439,977 · Other $104,211

JOHN SALVIN MDDIRECTOR (3/24-9/24) · 60 hrs/week $534,389Base $463,063 · Other $71,326

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (23)

EDUARDO DA CRUZ MDCARDIOLOGIST

TAL GEVA MDPRESIDENT

JOHN KHEIR MDCARDIOLOGIST

RAVI THIAGARAJAN MDDEPT. CHIEF

EDWARD P WALSH MDCARDIOLOGIST

ELIZABETH BLUME MDCARDIOLOGIST

JANE NEWBURGER MDDEPT. CHIEF

JOHN TRIEDMAN MDDIRECTOR (10/23-2/24)

ANDREW J POWELL MDCARDIOLOGIST

ROGER E BREITBART MDDEPT. CHIEF

SARAH D DE FERRANTI MDSECRETARY/CLERK (10/23-2/24)

JOHN SALVIN MDDIRECTOR (3/24-9/24)

KIMBERLY MILLS MDDIRECTOR (10/23-2/24)

MICHAEL DAY MDDIRECTOR (3/24-9/24)

RAHUL RATHOD MDTREASURER

MICHAEL J FARIAS MDDIRECTOR (3/24-9/24)

CHRISTINA VANDERPLUYM MDDIRECTOR

MICHELLE GURVITZ WICHMAN MDDIRECTOR (3/24-9/24)

DAVID KANE MDDIRECTOR (10/23-2/24)

ELIZABETH DEWITT MDDIR(10/23-2/24)/SEC/CLERK(3/24-9/24)

DAVID SCHIDLOW MDDIRECTOR (10/23-2/24)

NAO SASAKI MDDIRECTOR (3/24-9/24)

PHYSICIANS ORG AT CH INCINSTITUTIONAL TRUSTEE

About this charity

Recognized since: January 1984
Location: 300 LONGWOOD AVENUE PAV 2, BOSTON, MA 02115-5724
County: Suffolk
In care of: Tal Geva MD
Primary officer: Tal Geva MD, President

How to reach them

Phone(617) 355-4895

Filing and classification

Latest tax year: 2023
Tax period began: October 1, 2023
Return type: 990
Tax preparer: BAKER NEWMAN & NOYES LLC
NTEE classification: Health Care (E122)
IRS tax category: Voluntary Health Organizations
Grant-giving organization: Yes