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Giving to Help Children
How Chaddock is Funded
Chaddock receives financial support from public and private funding sources. Fee-for-service monies from state, county, and insurance entities account for approximately 67% of the agency's annual operation income and 3% comes from service agreements and miscellaneous sources. Private charitable funding accounts for 30% of Chaddock's annual operating income.
Charitable funds bridge the gap between the actual cost of exceptional care and the reimbursed government or private monies, as well as providing those items not covered by reimbursement funding which includes capital needs, endowment, and the research and development of new service programs. Private contributions also play a crucial role in maintaining the quality and consistency of services provided. Donations are received from local, state, and national sources including individuals, businesses, corporations, civic clubs, church organizations and foundations. Chaddock is not a United Way agency and receives no United Way funds.
Charitable gifts are received by the Chaddock Children's Foundation and Chaddock, the legal names of the two not-for-profit entities supporting Chaddock children. |
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