LUCILE SALTER PACKARD CHILDRENS HOSPITAL AT STANFORD Charity Report

Public IRS 990 nonprofit record

LUCILE SALTER PACKARD CHILDRENS HOSPITAL AT STANFORD

EIN 77-0003859 · Health Care (E240)

What they do

ORGANIZATIONS PRIMARY EXEMPT PURPOSE THE SPECIFIC and PRIMARY PURPOSES of LUCILE SALTER PACKARD CHILDRENS HOSPITAL AT STANFORD ("LPCH") ARE to SUPPORT, BENEFIT and FURTHER THE CHARITABLE, SCIENTIFIC, and EDUCATIONAL PURPOSES of THE BOARD of TRUSTEES of THE LELAND STANFORD JUNIOR UNIVERSITY ("STANFORD UNIVERSITY"), INCLUDING ITS SCHOOL of MEDICINE ("SOM"), and STANFORD HEALTH CARE ("SHC") BY OPERATING and MANAGING A CONSOLIDATED MEDICAL FACILITY THAT OFFERS COMPREHENSIVE MEDICAL CARE SERVICES for CHILDREN and ADOLESCENTS and OBSTETRICAL SERVICES for PREGNANT WOMEN and FURTHERS TEACHING and RESEARCH IN THE MEDICAL SCIENCES and OTHER FIELDS RELATING to THE HEALTH and WELL-BEING of INFANTS, CHILDREN, ADOLESCENTS and PREGNANT WOMEN, IN COOPERATION WITH and IN SUPPORT of THE SCHOOL of MEDICINE and SHC.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $91.00 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 2024The charity has a recent tax report to read.

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

They name their leaders42 people are listed in the latest report.

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

Money made simple

86.10%of revenue went to mission work91.0% of expenses · Program services

0.70%of revenue went to fundraising0.7% of expenses

$94.63spent for every $100 of revenueRevenue covered expenses this year.

7.82%of revenue went to management and office costs8.3% of expenses

$1.78in assets for every $1 spent this yearSome assets cannot be spent right away.

2.3%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.

Pay context: The highest compensation shown in this filing is $2,338,281 for PAUL KING (DIR., PRES & CEO). 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 2024

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$2,890,101,302

Mission workProgram services$2,488,455,64086.10% of revenue91.0% of expenses

ManagementOffice and general costs$226,118,8507.82% of revenue8.3% of expenses

FundraisingAsking for donations$20,292,3050.70% of revenue0.7% of expenses

Revenue left after expensesReported annual surplus$155,234,5075.37% of revenueShown in gray on the chart

Total expenses$2,734,866,79594.63% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

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

2024CurrentExpense mix: 91.0% mission · 8.3% management · 0.7% fundraisingTotal expenses: 94.63% of revenue

2023Expense mix: 92.5% mission · 6.8% management · 0.7% fundraisingTotal expenses: 95.07% of revenue

2022Expense mix: 91.6% mission · 7.7% management · 0.7% fundraisingTotal expenses: 94.65% of revenue

2021Expense mix: 91.9% mission · 7.4% management · 0.7% fundraisingTotal expenses: 92.71% of revenue

2020Expense mix: 89.0% mission · 10.3% management · 0.7% fundraisingTotal expenses: 93.19% of revenue

2019Expense mix: 89.2% mission · 10.2% management · 0.6% fundraisingTotal expenses: 96.36% of revenue

2018Expense mix: 88.3% mission · 11.1% management · 0.7% fundraisingTotal expenses: 94.52% of revenue

2017Expense mix: 89.0% mission · 10.2% management · 0.8% fundraisingTotal expenses: 99.91% of revenue

Money in and money out

Revenue$2,890,101,302

Expenses$2,734,866,795

Annual surplus $155,234,507 Revenue was higher than expenses 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)$2,488,455,640 · 91.0% of expenses

Management and office costs$226,118,850 · 8.3% of expenses

Fundraising$20,292,305 · 0.7% of expenses

See all reported dollar amounts

Revenue$2,890,101,302

Expenses$2,734,866,795

Assets$4,874,750,628

Income$2,890,698,902

Contributions$65,319,559

Mission work (program services)$2,488,455,640

Fundraising$20,292,305

Grants given$13,410,224

Average grant$84,875

Management and general$226,118,850

Executive compensation (total)$5,072,785

Stocks and bonds$91,200,276

Accounting fees$1,361,224

People

Leadership and board

Tax year 2024

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

People reported as paid

Person and titleCompensation

PAUL KINGDIR., PRES & CEO · 48 hrs/week $2,338,281Base $2,255,945 · Other $82,336

PATRICK IDEMOTOEVP & CSO (UNTIL 12/24) · 40 hrs/week $1,410,203Base $1,255,281 · Other $154,922

RICK MAJZUNEVP & COO · 50 hrs/week $1,301,683Base $1,091,171 · Other $210,512

DANA HAERINGVP & CFO · 47 hrs/week $1,207,004Base $1,114,970 · Other $92,034

TANYA KENNEDYSVP - CHIEF INFO & DIGITAL OFF · 50 hrs/week $809,732Base $672,593 · Other $137,139

MARCIE ATCHISONSVP & CHIEF HR OFFICER · 50 hrs/week $793,668Base $656,870 · Other $136,798

JESUS CEPEROSVP - PATIENT CARE SERVICES · 50 hrs/week $770,179Base $664,050 · Other $106,129

LLOYD B MINOR MDDIRECTOR · 2 hrs/week $740,160Base · Other $740,160

LISA GRISIMVP & ASSOCIATE CIO · 50 hrs/week $703,571Base $594,354 · Other $109,217

CHANTAL VOLEL-TORRESSVP & CAO PHY PRAC/CEO PCHA · 33 hrs/week $698,219Base $573,278 · Other $124,941

WILLIAM WILSON JRVP & CTO (UNTIL 11/24) · 50 hrs/week $684,559Base $580,741 · Other $103,818

JILL ANN SULLIVANSVP - STRAT SPC PLN & GEN SRVS · 50 hrs/week $672,405Base $555,389 · Other $117,016

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 (42)

PAUL KINGDIR., PRES & CEO

PATRICK IDEMOTOEVP & CSO (UNTIL 12/24)

RICK MAJZUNEVP & COO

DANA HAERINGVP & CFO

TANYA KENNEDYSVP - CHIEF INFO & DIGITAL OFF

MARCIE ATCHISONSVP & CHIEF HR OFFICER

JESUS CEPEROSVP - PATIENT CARE SERVICES

LLOYD B MINOR MDDIRECTOR

LISA GRISIMVP & ASSOCIATE CIO

CHANTAL VOLEL-TORRESSVP & CAO PHY PRAC/CEO PCHA

WILLIAM WILSON JRVP & CTO (UNTIL 11/24)

JILL ANN SULLIVANSVP - STRAT SPC PLN & GEN SRVS

GREGORY HOGUEVP, FINANCE

RISHI SETHVP - OPERATIONS ADMINISTRATION

MICHELLE ESPIRITUCLINICAL NURSE, RENAL DIALYSIS

LESLIE LIFTERSVP & CHIEF MARKETING OFFICER

BRENDAN WATKINSVP - CHIEF ANALYTICS OFFICER

MELANIE DAVIDSONVICE PRESIDENT & CONTROLLER

ILIR KULLOLLIVP - INFO SERVICES OPERATIONS

AMY SEMPLEVP SURG & INTERV SVCS TIL 4/24

MICHELE SANCHEZCORPORATE SECRETARY

RANDALL LIVINGSTONDIRECTOR

RACHEL DE GUZMANVP, SHC D&C PROGRAM MGMT

DAVID ENTWISTLEDIRECTOR

MARY LEONARD MDDIRECTOR

AMIT SINHADIRECTOR (UNTIL 12/24)

JENNIFER MULLOYDIRECTOR, VICE CHAIR

TONIA KARRDIRECTOR

SUSAN FORD DORSEYDIRECTOR

SIERRA CLARKDIRECTOR

ANNE HOLLOWAYDIRECTOR (AS OF 01/25)

ANTHONY NOTODIRECTOR

BRAD GEIERDIRECTOR

MITCHELL COHEN MDDIRECTOR/CMO (AS OF 1/25)

ELIZABETH DUNLEVIEDIRECTOR

MARC E JONESDIRECTOR

J TAYLOR CRANDALLDIRECTOR

AFIA ASAMOAHDIRECTOR

JONATHAN COSLETDIRECTOR, CHAIR

JOHN FOWLERDIRECTOR (AS OF 11/24)

JIMENA ALMENDARESDIRECTOR

JEFFREY E STONEDIRECTOR

About this charity

Recognized since: January 1984
Location: 725 WELCH RD, PALO ALTO, CA 94304-1601
County: Santa Clara
In care of: % FINANCE DEPARTMENT
Primary officer: DANA HAERING, CFO

How to reach them

WebsiteVisit the charity’s website Phone(650) 497-8000 Officer phone(650) 721-2222

Filing and classification

Latest tax year: 2024
Tax period began: September 1, 2024
Return type: 990
Tax preparer: PWC US TAX LLP
NTEE classification: Health Care (E240)
IRS tax category: Specialty (except Psychiatric and Substance Abuse) Hospitals
Grant-giving organization: Yes