Children's Huspital of Philadelphia Foundation (CHOP Foundation) is an independent non-profit private foundation based in Philadelphia, Pennsylvania. Established in 1983, the foundation is a charitable, tax-exempt organization benefiting The Children's Hospital of Philadelphia. Philanthropic support from donors sustain vital programs that are not reimbursed through insurance, funds pediatric healthcare, research, and clinical education and drives the hospital's growth. The assets of the foundation are managed by the executive management team.Children's Hospital of Philadelphia FoundationAos investment portfolio is valued at $2.15 billion with investments in private equity.