Kosair Charities

One of the city’s 10 biggest non-profits based on assets, Kosair started in the early 1920 when Dr. W. Barnett Owen and University of Louisville physicians found a need for children to get long-term quality medical care. The Kosair Shrine Temple stepped in, forming Kosair Charities Committee Inc.

Kosair Charities logoIn 1923, the committee bought six acres on Eastern Parkway and began work on a children’s hospital that opened three years later with 10 patients. The Kosair Crippled Children Hospital grew rapidly over the years. In the late 1970s, it started collaborating with Children’s Hospital, part of Norton Infirmary. Then in 1981, they full merged, forming Kosair Children’s Hospital operated by Norton Healthcare.

After that merger, Kosair Charities Committee broadened its outreach; today it supports more than 90 agencies statewide that provide crucial medical care to children. In the year ended Sept. 30, 2015, it donated $6 million to dozens of charities, according to the group’s IRS tax return for the year. The single-biggest grant went to Kosair Children’s Hospital: $3.6million. On the surface, the vast majority of its grants went to charities with a clear health-care focus. A handful of unexpected recipients stand out, including the Kentucky Center for the Performing Arts ($10,000) and Kentucky Friends of the NRA Foundation ($7,500).

Kosair’s affiliation with the Norton-run children’s hospital ended bitterly, however, after the two organizations sued each other in a dispute over funding. Under a July 2016 settlement of a suit Kosair brought against Norton in 2014, Norton agreed to remove the Kosair name from the hospital. And Kosair Charities agreed to make a multimillion-dollar payment to Norton, although it would be only a fraction of the $117 million Kosair had pledged to give Norton over 20 years, according to The Courier-Journal.

Here’s its GuideStar profile, where you can find current IRS tax returns with annual revenues, expenses, compensation to top officers and other financial information.

Read more about Kosair Charities on Boulevard.