Cause IQ organization profile

The Nemours Foundation

The Nemours Foundation is a specialty hospital based in Jacksonville, FL that was founded in 1936. As of 2019 they had $1.4 billion in revenue and $2.0 billion in assets.

The Nemours Foundation's mission is to provide leadership, institutions, and services to restore and improve the health of children through care and programs not readily available, with one high standard of quality and distinction.

Previous legal names or variations of their name include: Alfred I Dupont Hospital For Children; and Nemours Children's Hospital.

EIN:

59-0634433

City:

Jacksonville

State:

Florida

Website:

nemours.org

Phone:

9046974100

Facebook:

facebook.com/Nemours

Founded:

1936

Type:

501(c)(3)

NTEE:

E24: Specialty hospitals

Revenue:

$1,437,770,463

Assets:

$2,074,345,798

Employees:

8,595

Fiscal year end:

December

Revenue trends:

Asset trends:

Program areas at The Nemours Foundation

See Schedule H, Part VI

Form 990s for The Nemours Foundation

Fiscal year ending	Date received by IRS	Form	PDF link
2018-12	Jan 27, 2020	990	View PDF
2017-12	Feb 21, 2019	990	View PDF
2016-12	Jan 18, 2018	990	View PDF
2015-12	Mar 2, 2017	990	View PDF
2014-12	Jan 20, 2016	990	View PDF
...and five more Form 990 PDFs

Financials for The Nemours Foundation

Field	2018	2017	% Change
Federated campaigns	$0	$0
Membership dues	$0	$0
Fundraising event contributions	$1,545,011	$1,062,749	45.4%
Related organizations	$176,751,889	$162,054,857	9.1%
Government grants (contributions)	$0	$0
Normal grants, contributions, etc.	$9,187,151	$5,531,769	66.1%
<em>Non-cash contributions included in above</em>	$115,472	$114,262	1.1%
Total grants, contributions, etc.	$187,484,051	$168,649,375	11.2%

Field	2018	2017	% Change
Total grants, contributions, etc.	$187,484,051	$168,649,375	11.2%
Program services	$1,183,856,816	$1,107,882,505	6.9%
Investment income and dividends	$11,431,861	$10,015,005	14.1%
Tax-exempt bond proceeds	$0	$0
Royalty revenue	$2,692,758	$2,491,197	8.1%
Net rental income	$476,142	$470,059	1.3%
Net gain from sale of non-inventory assets	$4,932,643	$18,862,422	-73.8%
Net income from fundraising events	$-259,551	$-267,945	3.1%
Net income from gaming activities	$0	$0
Net income from sales of inventory	$0	$0
Miscellaneous revenues	$47,155,743	$42,340,991	11.4%
Total revenues	$1,437,770,463	$1,350,443,609	6.5%

Field	2018	2017	% Change
Grants to govts. and orgs. in USA	$1,513,906	$1,222,644	23.8%
Grants to individuals in USA	$312,785	$276,963	12.9%
Grants to govts., orgs., and individuals outside USA	$0	$0
Benefits paid to or for members	$0	$0
Compensation of current officers, etc.	$18,019,110	$29,551,951	-39.0%
Compensation not included above, to disqualified persons	$232,542	$711,511	-67.3%
Non-officer salaries and wages	$673,390,729	$612,819,370	9.9%
Pension/retirement accruals and contributions	$40,463,673	$46,651,580	-13.3%
Other employee benefits	$83,430,240	$72,682,600	14.8%
Payroll taxes	$42,733,873	$40,229,184	6.2%
Management fees	$0	$0
Legal fees	$3,823,394	$3,503,934	9.1%
Accounting fees	$693,608	$508,957	36.3%
Lobbying fees	$504,252	$431,453	16.9%
Pro. fundraising fees	$0	$0
Investment mgmt fees	$0	$577,351	-100%
Other fee-for-service	$75,265,629	$76,300,017	-1.4%
Advertising and promotion	$8,578,956	$8,944,985	-4.1%
Office expenses	$144,024,678	$125,635,690	14.6%
Information tech. expenses	$26,616,768	$22,650,025	17.5%
Royalty expenses	$0	$0
Occupancy	$41,966,370	$39,612,765	5.9%
Travel	$7,898,634	$7,193,058	9.8%
Public official travel and entertainment	$0	$0
Conferences, meetings, etc.	$4,105,628	$3,617,869	13.5%
Interest	$12,112,816	$11,859,325	2.1%
Payments to affiliates	$0	$0
Depreciation, amortization, etc.	$82,163,454	$80,599,809	1.9%
Insurance	$15,272,079	$16,339,999	-6.5%
All other expenses	$67,086,859	$71,523,940	-6.2%
Total expenses	$1,350,209,983	$1,273,444,980	6.0%

Field	2018	2017	% Change
Cash (non-interest-bearing)	$355,241,396	$327,399,058	8.5%
Savings, short-term investments, etc.	$47,527,928	$56,691,934	-16.2%
Pledges and grants receivable	$11,458,615	$11,793,349	-2.8%
Accounts receivable	$163,569,121	$164,633,239	-0.6%
Loans receivable from officers, directors, etc.	$0	$0
Loans receivable from other disqualified persons	$0	$0
Notes and loans receivable	$0	$0
Inventories for use	$5,645,118	$5,284,620	6.8%
Prepaid expenses and deferred charges	$11,034,547	$10,408,384	6.0%
Buildings, equipment, etc. post-depreciation	$1,045,853,461	$1,014,826,803	3.1%
Investments, publicly traded securities	$297,819,381	$319,119,021	-6.7%
Investments, other securities	$119,889,790	$112,089,928	7.0%
Investments, program-related	$0	$0
Intangible assets	$4,189,972	$3,934,612	6.5%
Other assets	$12,116,469	$10,683,209	13.4%
Total assets	$2,074,345,798	$2,036,864,157	1.8%

Field	2018	2017	% Change
Accounts payable and accrued expenses	$139,553,264	$134,266,608	3.9%
Grants payable	$0	$0
Deferred revenue	$4,312,825	$4,292,565	0.5%
Tax-exempt bond liabilities	$274,420,902	$289,622,613	-5.2%
Escrow or custodial account liability	$0	$0
Loans payable to officers and disqualified persons	$0	$0
Secured mortgages and notes payable to unrelated third parties	$95,815,000	$97,040,000	-1.3%
Unsecured notes and loans payable to unrelated third parties	$0	$0
Other liabilities	$284,354,334	$312,651,579	-9.1%
Total liabilities	$798,456,325	$837,873,365	-4.7%

Field	2018	2017	% Change
Unrestricted net assets	$1,052,983,925	$958,256,653	9.9%
Temporarily restricted net assets	$213,867,468	$233,303,816	-8.3%
Permanently restricted net assets	$9,038,080	$7,430,323	21.6%

Vendors for The Nemours Foundation

Vendor	Services	Amount paid	Date
Metropolitan Life Insurance Company	Insurance		2019-12-31
██████ ███████ ████	Insurance		2019-12-31
████ █████████ ███████ ██ █████ ███████	Insurance		2019-12-31
██████ ██ █████ ████ █████████ ███████	Insurance		2019-12-31
████ ████ █████████ ███████ ██ ███████	Insurance		2019-12-31
████████ ████████ ████ █████████ ███████	Insurance		2019-12-31
█████ ██████ ██ ████████	Insurance		2019-12-31
█████ ███ ███████████ ███ █████ ███	Insurance agent or broker	$19	2019-12-31
...and 94 more vendors

Personnel at The Nemours Foundation

Name	Title	Compensation	Most recent data
David J Bailey	President and Chief Executive Officer	$2.4 million	Dec. 31, 2018
Diane C Goin	Secretary To the President Chief Executive Officer	$84,408	Dec. 31, 2017
█ ████████ ████	President and Chief Executive Officer	$374,448	Dec. 31, 2018
███████ █ █████	Oper Vice President Chief Operating Officer Physician Network de	$359,496	Dec. 31, 2018
███████ █ ███████	Oper Vice President Chief Operating Officer NCH	$477,744	Dec. 31, 2018
██████ █████████	Senior Vice President and Chief Financial Officer	$681,959	Aug. 17, 2019
█████ █████	Chief Medical Officer NCH	$1.0 million	Dec. 31, 2018
████ █ ████████	Dept of Orthopaedics , Divison Chief , NCCJ	$641,331	Dec. 31, 2017
█████ █ ████	Oper Vice President Chief Nursing Officer NCH	$354,355	Dec. 31, 2018
████ █ ███████	Oper Vice President Chief Nursing Executive Aidhc	$376,408	Dec. 31, 2018
...and 35 more key personnel

Peer specialty hospitals

	Name	Type	Revenue	Location
1	Valley Children's Hospital	501(c)(3)	$693 million	Madera, CA
2	Hennepin Healthcare (HCMC)	501(c)(3)	$1.0 billion	Minneapolis, MN
3	Good Samaritan Hospital of Cincinnati Ohio	501(c)(3)	$649 million	Cincinnati, OH
4	Loma Linda University Children's Hospital	501(c)(3)	$613 million	Loma Linda, CA
5	Newark Beth Israel Medical Center	501(c)(3)	$644 million	Newark, NJ
6	Cincinnati Children's Hospital Medical Center (CCHMC)	501(c)(3)	$2.4 billion	Cincinnati, OH
7	Children's National Hospital	501(c)(3)	$1.1 billion	Washington, DC
8	Children's Minnesota	501(c)(3)	$954 million	Minneapolis, MN
9	Boston Children's Hospital / Children's Hospital Corporation	501(c)(3)	$2.0 billion	Boston, MA
10	Ann and Robert H Lurie Children's Hospital of Chicago	501(c)(3)	$1.0 billion	Chicago, IL
11	Children's Hospital of the King's Daughters (CHKD)	501(c)(3)	$442 million	Norfolk, VA
12	Baptist Hospital of Miami	501(c)(3)	$1.4 billion	Miami, FL
13	Shriners Hospitals for Children	501(c)(3)	$951 million	Tampa, FL
14	Moffitt Cancer Center	501(c)(3)	$1.0 billion	Tampa, FL
15	Nicklaus Children's Hospital	501(c)(3)	$657 million	Miami, FL
16	Winter Haven Hospital	501(c)(3)	$379 million	Winter Haven, FL
17	Mayo Clinic Jacksonville	501(c)(3)	$657 million	Jacksonville, FL
18	UCSF Benioff Children's Hospital Oakland	501(c)(3)	$603 million	Oakland, CA
19	Rady Children's Hospital San Diego (RCHSD)	501(c)(3)	$1.2 billion	San Diego, CA
20	Children's Mercy Hospital	501(c)(3)	$1.6 billion	Kansas City, MO
21	Children's Hospital of Philadelphia (CHOP)	501(c)(3)	$2.4 billion	Philadelphia, PA
22	City of Hope National Medical Center	501(c)(3)	$1.2 billion	Duarte, CA
23	Texas Children's Hospital (TCS)	501(c)(3)	$2.4 billion	Houston, TX
24	Memorial Sloan Kettering Cancer Center (MSKCC)	501(c)(3)	$5.1 billion	New York, NY
25	The Brooklyn Hospital Center	501(c)(3)	$420 million	Brooklyn, NY

Also explore

Want more details?

Just create a free account! You're in good company, too. Cause IQ users include leading nonprofit, professional services, and technology professionals.

Create free account to learn more about The Nemours Foundation.

What is Cause IQ?

Cause IQ is a website that helps companies grow, maintain, and serve their nonprofit clients.

For example, our data and tools help companies prospect for specialty hospitals, qualify inbound opportunities like The Nemours Foundation, benchmark clients to other specialty hospitals, and enrich existing CRM information.

Curious how Cause IQ can help you prospect for foundations or clients, research nonprofits, benchmark clients, or enrich your existing information?

Create free account

Cause IQ organization profile

The Nemours Foundation

Program areas at The Nemours Foundation

Form 990s for The Nemours Foundation

Financials for The Nemours Foundation

Vendors for The Nemours Foundation

Personnel at The Nemours Foundation

Peer specialty hospitals

Also explore

Want more details?

What is Cause IQ?

Nonprofits

Product

Customers

About

Email newsletter