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Top Rated

Children's Health Fund

CharityWatch report issued
January 2022

Top-Rated Charity
CharityWatch Grade
Our independent grade based
on a number of factors.
Program Percentage
Amount spent on programs
relative to overhead.
Cost to Raise $100
Amount spent to raise
$100 of contributions.

Contact Information

Children's Health Fund
475 Riverside Drive
Suite 630
New York, NY 10115

Other Names


Tax Status


Stated Mission

Committed to breaking down barriers to accessing high-quality, comprehensive healthcare for children & families living in underserved communities across America.

View similar charities
Data based on Fiscal Year Ended 12/31/2020

Program Percentage: 76%

The percentage of Children's Health Fund's cash budget it spends on programs relative to overhead (fundraising, management, and general expenses).


Calculated Total Expenses



Cost to Raise $100: $13

How many dollars Children's Health Fund spends on fundraising to raise each $100 of contributions.


Calculated Total Contributions


Government Funding

0% to 24%

Percentage of cash revenue
coming from government sources


Financial Documents

Entity Document Type Tax ID
The Children's Health Fund IRS Form 990 13-3468427
The Children's Health Fund Audited Financial Statements 13-3468427
Entity: The Children's Health Fund
Document Type: IRS Form 990
Tax ID: 13-3468427
Entity: The Children's Health Fund
Document Type: Audited Financial Statements
Tax ID: 13-3468427

Governance & Transparency

CharityWatch evaluates certain criteria related to a charity's Governance and Transparency. Donors may want to consider a charity's willingness to be open and transparent with CharityWatch to be a good litmus test for determining its commitment to public accountability.
This charity is Top-Rated
What does it mean to be Top-Rated?
Children's Health Fund
meets governance benchmarks.
Children's Health Fund
meets transparency benchmarks.
Provides Financial Information
Audit Accessibility
Governance: Policies
Reports regularly & consistently monitoring & enforcing compliance with a written Conflict of Interest Policy
Reports required, annual disclosure by officers, directors, and key staff of interests that could give rise to conflicts
Reports having a written Whistleblower Policy
Reports having a written Document Retention and Destruction Policy
Governance: Financials
Reports providing copy of tax form to all board members prior to filing it with IRS
Reports that financial statements were audited by an independent accountant
Governance: Board of Directors
Reports at least 5 voting board members
51% or more of voting board members reported as independent
Reports documenting minutes of board and board committee meetings
Privacy Policy
Privacy Policy No Sharing  

  Name Title Compensation
1 Dennis Walto CEO $345,664
2 Marisa Biehl Senior VP, Development & Communications $248,367
3 Brandy Horton Chief of Staff $205,033
Name: Dennis Walto
Title: CEO
Compensation: $345,664
Name: Marisa Biehl
Title: Senior VP, Development & Communications
Compensation: $248,367
Name: Brandy Horton
Title: Chief of Staff
Compensation: $205,033

CharityWatch Analysts perform an in-depth analysis of charities' audited financial statements and IRS tax filings, and often review other documents such as state filings, annual reports, and fundraising contracts during their evaluations. Below are select notes that CharityWatch believes may be of interest to donors.

According to The Children's Health Fund audit of December 31, 2020 (Note 15, Related-Party Transactions):

"Two of the voting members of the Board received compensation for services to the Organization as Senior Advisor to the Chief Executive Officer and Chief Administrative Officer, which ended June 30, 2020 and July 9, 2020, respectively. The total amount paid for salaries and related benefits was $200,234 in 2020. The Organization contracted one of the Board members as a consultant and paid a fee of $12,000 in 2020.

"Since 2005, the Organization has worked in partnership with National Center for Disaster Preparedness of Columbia University (NCDP) in developing and implementing a series of multi-faceted research and disaster response initiatives. One of the Organization's board members served as the Founding Director of NCDP. In 2020, the Organization made a grant payment to the Trustees of Columbia University in the amount of $379,257."

In addition, according to The Children's Health Fund 2020 tax filing, the Fund reports re: the existence of a family relationship among officers, directors, trustees, or key employees, a "family relationship" between Irwin Redlener and Karen Redlener (IRS Form 990, Schedule O re: Form 990, Part VI, line 2).

Irwin Redlener is reported as co-founder, president emeritus, and Karen Redlener is reported as co-founder; both are reported as being on the board and being an officer of The Children's Health Fund (IRS Form 990, Part VII, Section A). The Fund reports having 15 voting members on its governing body at the end of 2020, with 13 voting members reported as independent (IRS Form 990, Part VI, lines 1a & 1b).

According to The Children's Health Fund audit of December 31, 2020 (Note 14, Significant Estimates and Concentrations):  "...Approximately 49% of contributions were received from five donors in 2020..."

According to The Children's Health Fund audit of December 31, 2020 (Note 11, Grant Revenue):

"The Organization has applied for, and on May 5, 2020 received, loan proceeds in the amount of $855,600, pursuant to the Paycheck Protection Program (the PPP), under Division A, Title I of the Coronavirus Aid, Relief, and Economic Security Act (the CARES Act). Funds from the loan may only be used for payroll costs, costs used to continue group health benefits, mortgage interest payments, rent, and utilities. The proceeds were used in accordance with the loan agreement and management has determined...that the conditions to recognize this contribution are substantially met as of December 31, 2020. The entire amount of the loan proceeds was recognized as revenue and is included in government grants on the [audited] statement of activities. The approval for loan forgiveness was received from the bank subsequent to year-end."

According to The Children's Health Fund audit of December 31, 2020 (Note 16, Risk and Uncertainties):

"The Organization utilizes Blackbaud Raiser's Edge as its cloud-based fundraising and donor management software solution. In May 2020, Blackbaud discovered and stopped a ransomware attack. However, prior to locking the cybercriminal out, the cybercriminal removed a copy of a subset of data from Blackbaud's self-hosted environment. Blackbaud paid the cybercriminal's demand with confirmation that the copy removed had been destroyed. Based on the nature of the incident and further investigations, Blackbaud had no reason to believe that any data was or will be misused and sent out notification to all organizations whose data was part of this incident. Management believes this incident had no impact on the Organization, since the Organization's data are hosted locally. The Organization had not received any notification from Blackbaud as of report date [October 15, 2021].

"The Organization's investments consist of a variety of investment securities and investment funds. Investments in general are exposed to various risks, such as interest rate, credit, and overall market volatility risk. Due to the level of risk associated with certain investments, it is reasonably possible that changes in the value of the Organization's investments will occur in the near term and that such changes could materially affect the amount reported [in] the accompanying [audited] financial statements.

"On March 11, 2020, the World Health Organization declared COVID-19 a global pandemic and recommended containment and mitigation measures worldwide. As a result of the spread of the COVID-19, economic uncertainties have arisen that may negatively affect the financial position, changes in net assets and cash flows of the Organization, including, but not limited to, reduction in contributions, and possible changes in the values of investment securities reported in the accompanying [audited] statement of financial position. The full impact of [the] COVID-19 outbreak continues to evolve as of the date of this report [October 15, 2021] and the duration of these uncertainties, and the ultimate financial effects, cannot be reasonably estimated at this time.

"Management is actively assessing the situation and will continue to assess and address the potential impact on its financial condition, liquidity, operations and workforce as more information becomes available."

According to The Children's Health Fund audit of December 31, 2020 (Note 17, Subsequent Events):

"On December 27, 2020, the Economic Aid to Hard-Hit Small Business, Non-Profits, and Venues Act (Economic Aid Act) was signed into law. The Economic Aid Act created a new PPP loan (PPP2 loan) available to certain eligible entities that received PPP loans pursuant to the CARES Act. On March 23, 2021, the Organization has received a PPP2 loan in the amount of $828,300. Funds from the loan may only be used for payroll costs, rent/mortgage interest, utilities, and covered operations expenditures. Under the terms of the PPP2 loan, certain amounts of the loan may be forgiven if they are used for qualifying expenses as described above. The unforgiven portion of the PPP loan is payable over five years at an interest rate of 1%.

"The Taxpayer Certainty and Disaster Tax Relief Act of 2020, enacted December 27, 2020, made a number of changes to the employee retention tax credits previously available under the Coronavirus Aid, Relief, and Economic Security Act (the CARES Act), including modifying and extending the Employees Retention Credit (ERC), for six months through June 30, 2021. The Organization is qualified for the first two quarters of ERC of 2021 in the amount of $231,262 and $236,329 respectively. No amount has been received as of report date [October 15, 2021]."


"On March 10, 2021, the American Rescue Plan Act of 2021 (ARPA) was signed into law. This bill provides additional relief to address the continued impact of COVID-19... The Organization has not applied for and does not expect to apply for any of the ARPA funding or benefits."

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