Children's Hospital Corporation, operating as Boston Children's Hospital, is a 501(c)(3) nonprofit healthcare organization located at 300 Longwood Avenue in Boston, Massachusetts. Established in 1983, the organization has grown from its founding in 1869 as a hospital for poor urban children to become one of the largest pediatric medical centers in the United States, operating 404 beds and employing approximately 17,819 individuals.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$8.9B
+10.1% YoY
Annual Giving
$13.3M
-0.3% YoY
Grant Count
109
+21.1% YoY
Avg Grant Size
$122K
-17.7% YoY
Mission & Focus Areas
Boston Children's Hospital was established with a vision of advancing pediatric care. The organization provides comprehensive pediatric healthcare services including:
- Clinical Care: Well child visits, treatment of typical childhood health issues, chronic care management (asthma, diabetes, obesity), and specialty services (oncology, cardiology, neurology)
- Education: Pediatric healthcare training and education
- Research: Scientific research affiliated with clinical services
- Community Service: Safety net institution for very sick children throughout the region
The hospital operates the only pediatrics Department of Addiction Medicine in the U.S. and the only Orthopedic Sports Medicine program located at a children's hospital. It also operates the largest programs in Pediatric Anesthesiology, Pediatric Cardiology, and Pediatric Critical Care in the nation.
Grantmaking
Children's Hospital Corporation engages in grantmaking with the following profile:
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Geographic Focus
Where this funder awards grants
Grantmaking priorities are concentrated in Massachusetts, District of Columbia, and California.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $8,899,360,805
- Total Revenue: $3,165,214,831
- Total Expenses: $3,150,537,035
- Total Liabilities: $3.54 billion
As of 2023:
- Assets: $8.1 billion
- Revenue: $2.7 billion
- Investments: $958.3 million
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $8,899,360,805 | $8,080,111,478 | $7,956,588,388 |
| Revenue | $3,165,214,831 | $2,712,815,226 | $2,493,039,815 |
| Expenses | $3,150,537,035 | $2,874,957,146 | $2,428,663,560 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $104,288,131 | $28,189,134 | $35,048,650 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Kevin Churchwell MD | President & CEO | 55 | $3,062,633 |
| Douglas Berthiaume | Director - Chairperson | 5 | — |
| Allan Bufferd | Director | 1 | — |
| Winston Henderson | Director | 1 | — |
| Ivor Horn MD | Director | 1 | — |
| Stephen Karp | Director | 1 | — |
| Steven Krichmar | Director | 1 | — |
| Robert Langer ScD | Director | 1 | — |
| Vivian Lee MD | Director | 1 | — |
| Harvey Lodish PhD | Director | 1 | — |
| Gary Loveman MD | Director | 1 | — |
| Ralph C Martin | Director | 1 | — |
| Thomas Melendez | Director | 1 | — |
| Ted Pappendick | Director | 1 | — |
| Kathleen Regan | Director | 1 | — |
| Robert A Smith | Director - Vice Chair | 2 | — |
| Alison Taunton-Rigby PhD | Director | 1 | — |
| Lisa Wieland | Director | 1 | — |
| James Mandell MD | Director | 1 | — |
| Doug Vanderslice | EVP, CFO & Treasurer | 55 | $1,604,073 |
| Bruce Balter | Asst Treasurer/Dir Corp Fin | 55 | $315,669 |
| Rob Graham | Asst Secretary/Sr Dr Ent Comm (BEGIN TERM 7/1/24) | 55 | — |
| Christine Grenache | Asst Sec/Exec Manager (END TERM 6/30/24) | 55 | $148,571 |
| Christopher Viney JD | EVP, General Counsel & Sec | 55 | $174,862 |
| Philip Rotner | Chief Investment Officer | 55 | $1,976,654 |
| Peter Laussen MD | EVP, Health Affairs | 55 | $1,255,547 |
| Michele Garvin Esq | EVP, Chief of Staff | 55 | $1,201,614 |
| Laura J Wood DNP MS RN | EVP, Chief Nursing Officer | 55 | $1,005,064 |
| Demosthenes Argys | EVP, Hospital Chief Operating Officer, CCO | 55 | $1,085,881 |
| Lynn Susman | EVP, Chief Development Off | 55 | $973,008 |
| Lisa Hogarty | SVP, RE Planning and Devel | 55 | $779,598 |
| Michael Gillespie | SVP, Clinical Services | 55 | $639,424 |
| Patricia Hickey PhD MBA RN NEA-BC | SVP, Nursing/Patient Care | 55 | $783,148 |
| August Cervini | SVP, Research Administration | 55 | $545,881 |
| Heather Nelson | SVP, Chief Information Off | 55 | $846,498 |
| Joseph A Mitchell MD | EVP & President, Franciscan's | 5 | — |
| Nancy Andrews | EVP, Chief Scientific Officer | 55 | $1,169,328 |
| Steven Luber | SVP, Finance | 55 | $663,304 |
| Lisa Abbott | EVP, Chief Human Resources Officer | 55 | $979,532 |
| Martin Kelly | Director, Investments | 55 | $863,256 |
| Nirav Desai | Director, Investments | 55 | $803,146 |
| Cynthia Haines | SVP, National & International Services | 55 | $783,533 |
| Nader Rifai PhD | Director, Lab Medicine | 55 | $667,474 |
| Stacy Drury | Department Chief, Psychiatry | 55 | $950,877 |
| Sandra Fenwick | Former President & CEO | — | $939,289 |
| Daniel Nigrin MD | Former SVP & CIO | — | $315,203 |
Recent Activity
Recent developments and announcements
Boston Children's Hospital has received significant federal research funding, including:
Boston Children's Hospital secures $8.1M for spastic paraplegia research**2026 Federal Awards**: $53,716,895 in HHS funding for fiscal year 2026
**Research Funding**: Recent awards for research initiatives including high resolution lineage tracing of developmental hematopoiesis and spastic paraplegia research
Boston Children's Hospital secures $8.1M for spastic paraplegia research**Chan Zuckerberg Initiative**: Scientists at Boston Children's Hospital received funding from the Chan Zuckerberg Initiative
Boston Children's Hospital secures $8.1M for spastic paraplegia research**Cancer Detection Research**: Dana-Farber and Boston Children's Hospital received a $5 million award for early detection of childhood cancer research
Healey-Driscoll Administration Awards $7.4 Million to Train and ...Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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