LSU HEALTH FOUNDATION NEW ORLEANS: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- LSU HEALTH FOUNDATION NEW ORLEANS (EIN 72-1115391)
- Tax period
- 2021-07-01 to 2022-06-30
- Filed
- 2023-05-12
- IRS object ID
- 202301329349301045
- Schema version
- 2021v4.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-05-12T09:11:25-05:00 | ReturnTs |
| Tax Period End | 2022-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 721202445 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | POSTLETHWAITE & NETTERVILLE | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE GALLERIA BLVD STE 2100 | AddressLine1Txt |
| City | METAIRIE | CityNm |
| State Abbreviation | LA | StateAbbreviationCd |
| ZIP | 70001 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 721115391 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LSU HEALTH FOUNDATION NEW ORLEANS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LSUH | BusinessNameControlTxt |
| Phone | 5045683712 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2000 TULANE AVENUE 4TH FLOOR | AddressLine1Txt |
| City | NEW ORLEANS | CityNm |
| State Abbreviation | LA | StateAbbreviationCd |
| ZIP | 70112 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LEE TRUMBLE | PersonNm |
| Person Title | VICE-PRESIDENT & CFO | PersonTitleTxt |
| Phone | 5045683712 | PhoneNum |
| Signature | 2023-05-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | LEE | PersonFirstNm |
| Person Last | TRUMBLE | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | SHARON CASSIERE | PreparerPersonNm |
| PTIN | P00543368 | PTIN |
| Phone | 5048375990 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | DR WARREN GOTTSEGEN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2000 TULANE AVENUE 4TH FLOOR | AddressLine1Txt |
| City | NEW ORLEANS | CityNm |
| State Abbreviation | LA | StateAbbreviationCd |
| ZIP | 70112 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $58,573,526 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.LSUHEALTHFOUNDATION.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1988 | FormationYr |
| Legal Domicile State | LA | LegalDomicileStateCd |
| Activity Or Mission | TO INSPIRE DONORS TO INVEST IN THE LSU HEALTH SCIENCES CENTER - NEW ORLEANS AND ITS FUTURE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 27 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 27 | VotingMembersIndependentCnt |
| Total Employee | 52 | TotalEmployeeCnt |
| Total Volunteers | 30 | TotalVolunteersCnt |
| Total Gross UBI | $51,986 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $108,106 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $9,296,838 | PYContributionsGrantsAmt |
| CY Contributions Grants | $13,632,907 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $2,775,828 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $2,699,686 | CYProgramServiceRevenueAmt |
| PY Investment Income | $3,568,345 | PYInvestmentIncomeAmt |
| CY Investment Income | $5,172,260 | CYInvestmentIncomeAmt |
| PY Other Revenue | $214,057 | PYOtherRevenueAmt |
| CY Other Revenue | $439,288 | CYOtherRevenueAmt |
| PY Total Revenue | $15,855,068 | PYTotalRevenueAmt |
| CY Total Revenue | $21,944,141 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $8,877,427 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $6,722,601 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,282,002 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $2,050,125 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $2,617,009 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $4,479,046 | PYOtherExpensesAmt |
| CY Other Expenses | $6,724,911 | CYOtherExpensesAmt |
| PY Total Expenses | $15,638,475 | PYTotalExpensesAmt |
| CY Total Expenses | $15,497,637 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $216,593 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $6,446,504 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $207,439,304 | TotalAssetsBOYAmt |
| Total Assets EOY | $192,154,044 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $44,175,332 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $40,621,467 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $163,263,972 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $151,532,577 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE MISSION OF THE FOUNDATION IS TO INSPIRE DONORS TO INVEST IN THE LSU HEALTH SCIENCES CENTER - NEW ORLEANS ("HSC-NO") AND ITS FUTURE, TO PROPERLY STEWARD THOSE CONTRIBUTIONS, AND TO HELP MEET THE EVER EVOLVING NEEDS OF THE LSUHSC-NO BY PROVIDING NEW PHILANTHROPIC AND BUSINESS RESOURCES, PARTNERSHIPS, PROGRAMS, REAL ESTATE AND PROPERTY LEASES, AUXILIARY BUSINESSES, AND OTHER SERVICES THAT SUPPORT AND STRENGTHEN THE EDUCATIONAL AND COMMUNITY MISSION OF THE LSU HEALTH SCIENCES CENTER - NEW ORLEANS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | Yes (1) | SignificantChangeInd |
| Expense | $11,684,082 | ExpenseAmt |
| Grant | $6,722,601 | GrantAmt |
| Revenue | $2,642,618 | RevenueAmt |
| Desc | ENHANCING THE MISSION OF THE LOUISIANA STATE UNIVERSITY HEALTH SCIENCES CENTER IN NEW ORLEANS (LSUHSC-NO), WHICH WAS FOUNDED IN 1931, TO PROVIDE EDUCATION, RESEARCH, AND PUBLIC SERVICE THROUGH DIRECT PATIENT CARE AND COMMUNITY OUTREACH. LSUHSC-NO COMPRISES THE SCHOOLS OF ALLIED HEALTH PROFESSIONS, DENTISTRY, GRADUATE STUDIES, MEDICINE, NURSING, AND PUBLIC HEALTH, INCLUDING FOUR CENTERS OF EXCELLENCE AND THREE RESEARCH INSTITUTES. LSUHSC-NO EDUCATIONAL PROGRAMS PREPARE STUDENTS FOR CAREERS AS HEALTH CARE PROFESSIONALS AND SCIENTISTS. THE HEALTH SCIENCES CENTER DISSEMINATES AND ADVANCES KNOWLEDGE THROUGH STATE AND NATIONAL PROGRAMS OF BASIC AND CLINICAL RESEARCH, RESULTING IN PUBLICATIONS, TECHNOLOGY TRANSFER, AND RELATED ECONOMIC ENHANCEMENTS TO MEET THE CHANGING NEEDS OF THE STATE OF LOUISIANA AND THE NATION. LSUHSC-NO PROVIDES VITAL PUBLIC SERVICE THROUGH DIRECT PATIENT CARE, INCLUDING CARE OF INDIGENT AND UNINSURED PATIENTS. HEALTH CARE SERVICES ARE PROVIDED THROUGH LSUHSC-NO CLINICS IN ALLIED HEALTH, DENTISTRY, MEDICINE, NURSING, AND IN NUMEROUS AFFILIATED HOSPITALS AND CLINICS THROUGHOUT LOUISIANA. LSUHSC-NO PROVIDES REFERRAL SERVICES, CONTINUING EDUCATION, AND INFORMATION RELEVANT TO THE PUBLIC HEALTH OF THE CITIZENS OF LOUISIANA. IN ADDITION, LSUHSC-NO WORKS COOPERATIVELY WITH TWO AREA HEALTH EDUCATION CENTERS (AHECS), WHOSE PROGRAMS FOCUS ON IMPROVING THE NUMBER AND DISTRIBUTION OF HEALTH CARE PROVIDERS IN UNDERSERVED RURAL AND URBAN AREAS OF LOUISIANA AND ON SUPPORTING EXISTING RURAL HEALTH CARE PROVIDERS THROUGH CONTINUING EDUCATION PROGRAMS. LSUHSC-NO SERVES THE NEW ORLEANS COMMUNITY OF 376,971 CITIZENS LOCALLY AND 1,013,000 IN THE GREATER NEW ORLEANS REGION ALONG WITH SUPPORTING THE HEALTHCARE PROFESSION THROUGHOUT THE STATE OF LOUISIANA. LSUHSC-NO PROVIDES PATIENT CARE IN METROPOLITAN NEW ORLEANS, AS WELL AS BATON ROUGE AND LAFAYETTE WITH OVER 1,062,180 PATIENT VISITS ANNUALLY. CURRENTLY, ON AVERAGE 3,000 STUDENTS, 2,400 FACULTY AND STAFF, AND 1,000 RESIDENTS ARE SERVED BY THE FOUNDATION'S EFFORTS ACROSS ALL SCHOOLS IN SUPPORT OF THE LSUHSC-NO CAMPUS. IN A 2021-2022 ECONOMIC IMPACT STUDY, 4,320 DIRECT JOBS AND AN ADDITIONAL 4,798 JOBS ALONG WITH $1.6 BILLION IN ECONOMIC OUTPUT ARE EFFECTS OF THE LSUHSC-NO CAMPUS. IN SERVING THE LSUHSC-NO CAMPUS, THE FOUNDATION HAS ASSISTED IN PROVIDING VITAL CHAIRS, PROFESSORSHIPS, AWARDS AND SCHOLARSHIPS TO BOTH FACULTY, RESIDENTS, AND STUDENTS. THE FOUNDATION HOUSES APPROXIMATELY 1,500 RESTRICTED FUNDS MANAGED FOR THESE EFFORTS, INCLUDING THE SUPPORT OF 211 DIRECT SCHOLARSHIPS AND MORE THAN $33 MILLION IN RESEARCH FUNDING OVER THE PAST THREE YEARS AT LSUHSC-NO. IN ADDITION, THE FOUNDATION SERVES AS A MECHANISM FOR DONATIONS WITHOUT VALUE, INCLUDING ANATOMICAL GIFTS AND OTHER TYPES OF PROPERTY THAT ASSIST LSUHSC-NO IN PROVIDING EDUCATION TO ITS STUDENTS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $259,260 | ExpenseAmt |
| Revenue | $100,050 | RevenueAmt |
| Desc | LSU HEALTH FITNESS EXPANDS THE PRESENCE OF LSU HEALTH SCIENCES CENTER-NEW ORLEANS IN THE LOCAL COMMUNITY BY PROVIDING COMMUNITY HEALTH, WELLNESS AND FITNESS PROGRAMS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $11,943,342 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | Yes (1) | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (1) | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | Yes (1) | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 72 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 52 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 27 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 27 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LEE TRUMBLE | PersonNm |
| Phone | 5045683712 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2000 TULANE AVENUE 4TH FLOOR | AddressLine1Txt |
| City | NEW ORLEANS | CityNm |
| State Abbreviation | LA | StateAbbreviationCd |
| ZIP | 70112 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (35 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| VIRGINIA ANGELICO-TATUM DDS | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| JOSEPH H AUTHEMENT | |||||||
| BOARD MEMBER (THRU 10/2021) | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| AL BIENVENU | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| JAMES CAILLIER EDD | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| LINDA CAO DDS | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| AL COPELAND JR | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| JAY DUMAS DMD | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| ELIZABETH B GRIESHABER MD | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| KARL E HOEFER | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| EDWIN K HUNTER | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| ERIC L LABORDE MD | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| JOSEPH N MACALUSO JR MD | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| CRIS MANDRY MD | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| BRIAN H MELIUS DVM | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| ANDRE M RUBENSTEIN | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| ROBERT A SAVOIE PHD | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| L KING SCOTT DDS | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| E PAIGE SENSENBRENNER ESQ | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| PK SCHEERLE RN | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| CARROLL W SUGGS | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| NAJEEB M THOMAS MD | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| NICHOLAS AUTHEMENT JD | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| ELIZABETH TERRY FONTHAM PHD | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| RONALD MARKS DDS | |||||||
| BOARD MEMBER (THRU 02/2022) | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| HENRY A MILLER JR ESQ | |||||||
| CHAIR EMERITUS | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| WARREN L GOTTSEGEN MD | |||||||
| CHAIR | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| KRISTI M SOILEAU DDS | |||||||
| VICE-CHAIR | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| MICHAEL MERIDETH | |||||||
| SECRETARY (THRU 04/2022) | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| MARK JUNEAU JR MD | |||||||
| TREASURER | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| BRIAN P JAKES SR | |||||||
| SECRETARY | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| MATTHEW ALTIER | |||||||
| PRESIDENT & CEO | 40.00 | $393,846 | $0 | $86,704 | Yes (X) | ||
| TIMOTHY HEMPHILL | |||||||
| VICE-PRESIDENT & CFO | 40.00 | $182,823 | $0 | $59,285 | Yes (X) | ||
| KRYSTAL OLIVEIRA | |||||||
| CHIEF DEVELOPMENT OFFICER | 40.00 | $147,779 | $0 | $42,247 | Yes (X) | ||
| ALEJANDRA GUZMAN | |||||||
| EXEC. DIRECTOR OF BUSINESS VENTURES | 40.00 | $102,232 | $0 | $23,421 | Yes (X) | ||
| KATHERINE O'HAGAN | |||||||
| DIRECTOR OF DEVELOPMENT | 40.00 | $103,924 | $0 | $26,929 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $930,604 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $238,586 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 5 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (3 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| CREWCIAL PARTNERS LLC | |||||
| 810 SEVENTH AVENUE 32ND FLOOR | NEW YORK | NY | 10019 | INVESTMENT MANAGEMENT | $338,157 |
| BLACKBAUD INC | |||||
| 65 FAIRCHILD STREET | CHARLESTON | SC | 29492 | DIGITAL SERVICES | $194,326 |
| DESIGN THE PLANET LLC | |||||
| 3900 N CAUSEWAY BLVD SUITE 420 | METAIRIE | LA | 70002 | WEBSITE DEVELOPMENT AND MAINTENANCE | $108,585 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 3 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $191,033 | FundraisingAmt |
| Government Grants | $395,435 | GovernmentGrantsAmt |
| All Other Contributions | $13,046,439 | AllOtherContributionsAmt |
| Noncash Contributions | $947,190 | NoncashContributionsAmt |
| Total Contributions | $13,632,907 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| FEES & CONTRACTS GOV. AGENCIES | 541900 | $2,599,636 | $2,599,636 |
| FITNESS CENTER REVENUE | 713940 | $100,050 | $100,050 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $2,699,686 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,702,128 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$65,370 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,767,498 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $904,331 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $603,744 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $300,587 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $300,587 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $117,356 | UnrelatedBusinessRevenueAmt |
| Exclusion | $183,231 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $39,377,128 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $35,906,996 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $3,470,132 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,470,132 | TotalRevenueColumnAmt |
| Exclusion | $3,470,132 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $59,438 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $191,033 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $117,765 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$58,327 | TotalRevenueColumnAmt |
| Exclusion | -$58,327 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Gross Income | $2,375 | GamingGrossIncomeAmt |
| Gaming Direct Expenses | $880 | GamingDirectExpensesAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,495 | TotalRevenueColumnAmt |
| Exclusion | $1,495 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|---|
| INSURANCE SETTLEMENT | 900099 | $152,551 | $152,551 | |
| REFUNDS/REIMBURSEMENTS | 900099 | $42,982 | $42,982 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $195,533 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $21,944,141 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,742,668 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $51,986 | UnrelatedBusinessRevenueAmt |
| Exclusion | $5,516,580 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,085,100 | TotalAmt |
| Program Services | $6,085,100 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $637,501 | TotalAmt |
| Program Services | $637,501 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $752,274 | TotalAmt |
| Program Services | $161,734 | ProgramServicesAmt |
| Management And General | $428,806 | ManagementAndGeneralAmt |
| Fundraising | $161,734 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $978,137 | TotalAmt |
| Program Services | $152,655 | ProgramServicesAmt |
| Management And General | $104,549 | ManagementAndGeneralAmt |
| Fundraising | $720,933 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $53,311 | TotalAmt |
| Management And General | $11,060 | ManagementAndGeneralAmt |
| Fundraising | $42,251 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $141,453 | TotalAmt |
| Program Services | $21,185 | ProgramServicesAmt |
| Management And General | $606 | ManagementAndGeneralAmt |
| Fundraising | $119,662 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $124,950 | TotalAmt |
| Program Services | $23,323 | ProgramServicesAmt |
| Management And General | $29,325 | ManagementAndGeneralAmt |
| Fundraising | $72,302 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $81,367 | TotalAmt |
| Program Services | $26,488 | ProgramServicesAmt |
| Management And General | $20,310 | ManagementAndGeneralAmt |
| Fundraising | $34,569 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $69,812 | TotalAmt |
| Management And General | $69,812 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,715,082 | TotalAmt |
| Program Services | $2,599,636 | ProgramServicesAmt |
| Management And General | $115,446 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $428,572 | TotalAmt |
| Program Services | $119,995 | ProgramServicesAmt |
| Management And General | $8,317 | ManagementAndGeneralAmt |
| Fundraising | $300,260 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,726 | TotalAmt |
| Fundraising | $1,726 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $426,651 | TotalAmt |
| Program Services | $24,508 | ProgramServicesAmt |
| Management And General | $16,712 | ManagementAndGeneralAmt |
| Fundraising | $385,431 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,320 | TotalAmt |
| Management And General | $216 | ManagementAndGeneralAmt |
| Fundraising | $13,104 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $236,082 | TotalAmt |
| Program Services | $131,398 | ProgramServicesAmt |
| Management And General | $56,936 | ManagementAndGeneralAmt |
| Fundraising | $47,748 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $187,811 | TotalAmt |
| Program Services | $6,536 | ProgramServicesAmt |
| Management And General | $6,772 | ManagementAndGeneralAmt |
| Fundraising | $174,503 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,376 | TotalAmt |
| Program Services | $792 | ProgramServicesAmt |
| Management And General | $792 | ManagementAndGeneralAmt |
| Fundraising | $792 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $74,240 | TotalAmt |
| Program Services | $7,930 | ProgramServicesAmt |
| Management And General | $18,731 | ManagementAndGeneralAmt |
| Fundraising | $47,579 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| PROVISION FOR UNCOLLECT | $1,941,082 | $1,904,332 | $36,750 | |
| COMMUNITY SUPPORT | $303,075 | $48 | $73 | $302,954 |
| DUES & SUBSCRIPTIONS | $198,402 | $5,722 | $8,238 | $184,442 |
| EQUIPMENT PURCHASES AND | $41,132 | $34,459 | $3,397 | $3,276 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,181 | TotalAmt |
| Management And General | $438 | ManagementAndGeneralAmt |
| Fundraising | $3,743 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,497,637 | TotalAmt |
| Program Services | $11,943,342 | ProgramServicesAmt |
| Management And General | $937,286 | ManagementAndGeneralAmt |
| Fundraising | $2,617,009 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,506,953 | BOYAmt |
| EOY | $1,988,200 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,582,277 | BOYAmt |
| EOY | $4,231,772 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,505,764 | BOYAmt |
| EOY | $3,887,213 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $167,786 | BOYAmt |
| EOY | $746,865 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $157,977 | BOYAmt |
| EOY | $205,132 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $25,646,164 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $2,128,040 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,442,244 | BOYAmt |
| EOY | $23,518,124 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $161,283,918 | BOYAmt |
| EOY | $127,847,810 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,593,100 | BOYAmt |
| EOY | $29,587,325 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $52,378 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $199,285 | BOYAmt |
| EOY | $89,225 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $207,439,304 | BOYAmt |
| EOY | $192,154,044 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $571,295 | BOYAmt |
| EOY | $1,308,503 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $41,422,408 | BOYAmt |
| EOY | $32,937,028 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $4,517,384 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,919,435 | BOYAmt |
| EOY | $1,642,322 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $262,194 | BOYAmt |
| EOY | $216,230 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $44,175,332 | BOYAmt |
| EOY | $40,621,467 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,006,154 | BOYAmt |
| EOY | $20,020,199 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $141,257,818 | BOYAmt |
| EOY | $131,512,378 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $163,263,972 | BOYAmt |
| EOY | $151,532,577 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $207,439,304 | BOYAmt |
| EOY | $192,154,044 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $6,446,504 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$18,177,899 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,821,216 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $11,885,330 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $9,505,968 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $9,296,838 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $13,632,907 | CurrentTaxYearAmt |
| Total | $50,142,259 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,821,216 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $11,885,330 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $9,505,968 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $9,296,838 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $13,632,907 | CurrentTaxYearAmt |
| Total | $50,142,259 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $8,765,696 | SubstantialContributorsTotAmt |
| Public Support Total170 | $41,376,563 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,997,721 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,969,623 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,695,183 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,147,422 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,326,083 | CurrentTaxYearAmt |
| Total | $14,136,032 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | $51,986 | CurrentTaxYearAmt |
| Total | $51,986 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,290 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,770 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,820 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $175,583 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $197,028 | CurrentTaxYearAmt |
| Total | $386,491 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $64,716,768 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $13,725,964 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.63930 | PublicSupportCY170Pct |
| Public Support PY170 | 0.64170 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: | FormAndLineReferenceDesc |
| Explanation | GAMING NET INCOME - 2017 AMOUNT: $ 5,290. 2018 AMOUNT: $ 3,770. 2019 AMOUNT: $ 4,820. 2021 AMOUNT: $ 1,495. REFUNDS/REIMBURSEMENTS - 2020 AMOUNT: $ 175,583. 2021 AMOUNT: $ 195,533. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | 0 | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (1) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $124,466,251 | BeginningYearBalanceAmt |
| Contributions | $5,386,569 | ContributionsAmt |
| Investment Earnings Or Losses | -$12,340,237 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $4,229,324 | OtherExpendituresAmt |
| Administrative Expenses | $2,508,299 | AdministrativeExpensesAmt |
| End Year Balance | $110,774,960 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $98,709,444 | BeginningYearBalanceAmt |
| Contributions | $2,127,190 | ContributionsAmt |
| Investment Earnings Or Losses | $29,316,929 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $3,316,021 | OtherExpendituresAmt |
| Administrative Expenses | $2,371,291 | AdministrativeExpensesAmt |
| End Year Balance | $124,466,251 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $96,098,383 | BeginningYearBalanceAmt |
| Contributions | $3,149,200 | ContributionsAmt |
| Investment Earnings Or Losses | $6,952,092 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $5,204,632 | OtherExpendituresAmt |
| Administrative Expenses | $2,285,599 | AdministrativeExpensesAmt |
| End Year Balance | $98,709,444 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $94,779,344 | BeginningYearBalanceAmt |
| Contributions | $3,000,662 | ContributionsAmt |
| Investment Earnings Or Losses | $3,871,015 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $3,610,874 | OtherExpendituresAmt |
| Administrative Expenses | $1,941,764 | AdministrativeExpensesAmt |
| End Year Balance | $96,098,383 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $91,318,803 | BeginningYearBalanceAmt |
| Contributions | $2,274,752 | ContributionsAmt |
| Investment Earnings Or Losses | $6,883,108 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $3,841,043 | OtherExpendituresAmt |
| Administrative Expenses | $1,856,276 | AdministrativeExpensesAmt |
| End Year Balance | $94,779,344 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.00000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.62940 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.37060 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $14,181,523 | OtherCostOrOtherBasisAmt |
| Book Value | $14,181,523 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $9,518,594 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,921,252 | DepreciationAmt |
| Book Value | $7,597,342 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,946,047 | OtherCostOrOtherBasisAmt |
| Depreciation | $206,788 | DepreciationAmt |
| Book Value | $1,739,259 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $23,518,124 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (3 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| HEDGE FUNDS | $18,115,260 | F |
| PRIVATE EQUITY INVESTMENTS | $10,722,065 | F |
| CONVERTIBLE DEBT | $750,000 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $29,587,325 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SPLIT-INTEREST AGREEMENT | Desc |
| Amt | $216,230 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $216,230 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $4,611,195 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$18,177,899 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $960,399 | OtherRevenueAmt |
| Revenue Not Reported | -$17,217,500 | RevenueNotReportedAmt |
| Revenue Subtotal | $21,828,695 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $115,446 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $115,446 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $21,944,141 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $16,342,590 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $960,399 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $960,399 | ExpensesNotReportedAmt |
| Expenses Subtotal | $15,382,191 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $115,446 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $115,446 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $15,497,637 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART IV, LINE 2B: | UNDER AGREEMENTS WITH LOUISIANA STATE UNIVERSITY AGRICULTURAL AND MECHANICAL COLLEGE (THE "UNIVERSITY"), THE FOUNDATION HOLDS AND MANAGES FUNDS RECEIVED BY THE UNIVERSITY AS STATE MATCHING FUNDS FOR VARIOUS ACCOUNTS OF THE ENDOWED CHAIRS FOR EMINENT SCHOLARS, ENDOWED PROFESSORSHIPS AND THE ENDOWED SUPERIOR GRADUATE STUDENT SCHOLARSHIPS PROGRAMS. |
| PART V, LINE 4: | ENDOWMENT FUNDS ARE USED FOR INVESTMENT AND AS A SOURCE OF INCOME FOR THE UNIVERSITY'S PROGRAMS. |
| PART X, LINE 2: | THE FOUNDATION IS A NOT-FOR-PROFIT FOUNDATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THAT GUIDANCE, THE FOUNDATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE FOUNDATION AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBTI). THE FOUNDATION HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | RENTAL EXPENSES 577,725. SPECIAL EVENTS EXPENSES 53,988. ERTC 328,686. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | RENTAL EXPENSES 577,725. SPECIAL EVENTS EXPENSES 53,988. ERTC 328,686. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (5 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|
| CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, | 0 | 0 | INVESTMENTS | $38,596,117 |
| EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, | 0 | 0 | INVESTMENTS | $7,294,513 |
| SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, | 0 | 0 | INVESTMENTS | $3,169,960 |
| NORTH AMERICA | 0 | 0 | INVESTMENTS | $152,159 |
| EUROPE (INCLUDING ICELAND & GREENLAND) | 0 | 0 | INVESTMENTS | $846,372 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $50,059,121 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $50,059,121 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (1) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (1) | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART III ACCOUNTING METHOD: | FormAndLineReferenceDesc |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | CAMP TIGER BENEFIT | Event1Nm |
| Gross Receipts Event1 | $151,227 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $109,766 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $41,461 | GrossRevenueEvent1Amt |
| Non Cash Prizes Event1 | $61,291 | NonCashPrizesEvent1Amt |
| Rent Facility Costs Event1 | $2,950 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $3,272 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $460 | OtherDirectExpensesEvent1Amt |
| Event2 | TIGER CLASSIC GOLF | Event2Nm |
| Gross Receipts Event2 | $44,080 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $39,280 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $4,800 | GrossRevenueEvent2Amt |
| Non Cash Prizes Event2 | $1,641 | NonCashPrizesEvent2Amt |
| Rent Facility Costs Event2 | $5,712 | RentFacilityCostsEvent2Amt |
| Food And Beverage Event2 | $6,295 | FoodAndBeverageEvent2Amt |
| Other Direct Expenses Event2 | $12,338 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 2 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $55,164 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $41,987 | CharitableContriOtherEventsAmt |
| Gross Revenue Other Events | $13,177 | GrossRevenueOtherEventsAmt |
| Non Cash Prizes Other Events | $7,625 | NonCashPrizesOtherEventsAmt |
| Rent Fclty Costs Other Events | $2,500 | RentFcltyCostsOtherEventsAmt |
| Food And Beverage Other Events | $7,684 | FoodAndBeverageOtherEventsAmt |
| Oth Direct Expnss Other Events | $5,997 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $250,471 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $191,033 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $59,438 | GrossRevenueTotalEventsAmt |
| Non Cash Prizes Total Events | $70,557 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $11,162 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $17,251 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $18,795 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $117,765 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$58,327 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LSU HEALTH SCIENCES CENTER - NEW ORLEANS | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 433 BOLIVAR STREET | AddressLine1Txt |
| City | NEW ORLEANS | CityNm |
| State Abbreviation | LA | StateAbbreviationCd |
| ZIP | 70112 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 726087770 | RecipientEIN |
| Cash Grant | $6,085,100 | CashGrantAmt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
| Purpose Of Grant | LSUHSC-NO IS A SUPPORTED ORGANIZATION OF LSU HEALTH FOUNDATION, NEW ORLEANS. | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIPS AND AWARDS | GrantTypeTxt |
| Recipient | 211 | RecipientCnt |
| Cash Grant | $637,501 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE FOUNDATION IS THE RECIPIENT OF GRANT FUNDS, IN ACCORDANCE WITH ITS STATED MISSION, FOR THE LSU HEALTH SCIENCES CENTER - NEW ORLEANS CAMPUS. THE FOUNDATION ADMINISTERS, IN THE FORM OF REIMBURSEMENTS OF EXPENSES, OR DIRECTLY TO VENDORS FOR SERVICES RENDERED, SUPPORT OF THE BENEFICIARY FOR PURPOSES WHICH PRIVATE FUNDS WERE CONTRIBUTED TO THE FOUNDATION. ALL DISBURSEMENT REQUESTS ARE REVIEWED BY CAMPUS CUSTODIANS AND THE FOUNDATION'S FINANCE DEPARTMENT. THE CAMPUS IS PROVIDED WITH THE BALANCE OF FUNDS AVAILABLE IN FOUNDATION ACCOUNTS FOR SPECIFIC RESTRICTED PURPOSES (PURPOSE AND TIMING RESTRICTIONS), AND THE CAMPUS PROVIDES DOCUMENTATION OF EXPENDITURE APPROPRIATENESS. REPORTS OF THE SPECIFIC PURPOSE EXPENSES MADE IN SUPPORT OF AND TO BENEFIT THE CAMPUS ARE MAINTAINED BY THE FOUNDATION. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MATTHEW ALTIER | ||||||||||||||
| PRESIDENT & CEO | $339,446 | $0 | $40,000 | $0 | $14,400 | $0 | $20,329 | $0 | $66,375 | $0 | $480,550 | $0 | $0 | $0 |
| TIMOTHY HEMPHILL | ||||||||||||||
| VICE-PRESIDENT & CFO | $182,823 | $0 | $0 | $0 | $0 | $0 | $11,410 | $0 | $47,875 | $0 | $242,108 | $0 | $0 | $0 |
| KRYSTAL OLIVEIRA | ||||||||||||||
| CHIEF DEVELOPMENT OFFICER | $146,779 | $0 | $1,000 | $0 | $0 | $0 | $8,583 | $0 | $33,664 | $0 | $190,026 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 4B | MATTHEW D. ALTIER - $6,000 CONTRIBUTION FOR 457(B) PLAN FOR EMPLOYEE ONLY CONTRIBUTIONS DURING CALENDAR YEAR 2021. |
| PART I, LINE 7 | THE ORGANIZATION PROVIDED BONUSES. |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 41 | ContributionCnt |
| Noncash Contributions Rpt F990 | $19,494 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Clothing And Household Goods ClothingAndHouseholdGoodsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $18,618 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 6 | ContributionCnt |
| Noncash Contributions Rpt F990 | $657,007 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Real Estate Commercial RealEstateCommercialGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $650,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Collectibles CollectiblesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 15 | ContributionCnt |
| Noncash Contributions Rpt F990 | $2,320 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Food Inventory FoodInventoryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 28 | ContributionCnt |
| Noncash Contributions Rpt F990 | $5,940 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Drugs And Medical Supplies DrugsAndMedicalSuppliesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 4 | ContributionCnt |
| Noncash Contributions Rpt F990 | $22,294 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | GIFT CERTIFICATES/GIFT CARDS | Desc |
| Contribution | 142 | ContributionCnt |
| Noncash Contributions Rpt F990 | $28,583 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, COLUMN (B): | THE ORGANIZATION IS REPORTING THE NUMBER OF INSTANCES OF CONTRIBUTIONS. |
| PART I, LINE 32B: | THE ORGANIZATION RECEIVES STOCK CONTRIBUTIONS WHICH THIRD PARTY INVESTMENT CONSULTANTS SELL AS SOON AS PRACTICAL, PER COMPANY POLICY. |
| PART I, LINE 33: | OF THE $657,007 REPORTED ON LINE 9, ONLY $199,941 IS REPORTED ON FORM 990, PART VIII, LINE 1G. THE DIFFERENCE OF $457,066 IS DUE TO THE FACT THAT SOME PRIOR YEAR PLEDGE AMOUNTS WERE SATISFIED IN THE CURRENT YEAR THROUGH THE DONATION OF STOCK; THE PLEDGE AMOUNTS WERE INCLUDED IN THE ORGANIZATION'S REVENUES IN THE PRIOR YEAR WHEN BOOKED. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 3 | THE FOUNDATION SENT A WRITTEN REQUEST TO ALGIERS DEVELOPMENT DISTRICT TERMINATE THE CEA OF THE LSU HEALTH FITNESS CENTER IN OCTOBER 2021. |
| FORM 990, PART VI, SECTION B, LINE 11B | FORM 990 IS REVIEWED BY THE CFO AND THE AUDIT COMMITTEE PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE FOUNDATION'S CONFLICTS OF INTEREST POLICY COVERS THE BOARD AND OFFICERS OF THE FOUNDATION. AS RELATED PARTY TRANSACTIONS COME TO THE ATTENTION OF THE BOARD OR STAFF, GENERAL COUNSEL IS ENGAGED ON THE APPROPRIATENESS OF THE TRANSACTION TO ENSURE IT DOES NOT CAUSE A CONFLICT. IF IT IS DETERMINED THAT A TRANSACTION CAUSES A CONFLICT OF INTEREST, THAT TRANSACTION IS BROUGHT TO THE EXECUTIVE COMMITTEE OR BOARD FOR REVIEW TO ENSURE THE TRANSACTION INURES TO THE BENEFIT OF THE FOUNDATION AND ONLY THEN CAN IT BE APPROVED. IF BOARD MEMBERS ARE INVOLVED IN THE TRANSACTION, THEY ARE ASKED TO RECUSE THEMSELVES FROM DECISION MAKING OR MAY BE ASKED TO REMOVE THEMSELVES FROM THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE BOARD HAS A PERSONNEL COMMITTEE WHO REVIEWS AND AN EXECUTIVE COMMITTEE WHO APPROVES THE SALARY OF THE PRESIDENT & CEO. COMPENSATION AND BENEFITS ARE DETERMINED USING A THIRD PARTY CONSULTANT. THE SALARIES OF THE STAFF THAT REPORT TO THE PRESIDENT & CEO ARE DETERMINED AND APPROVED BY THE PRESIDENT & CEO. OTHER OFFICER SALARIES ARE BENCHMARKED AGAINST THIRD PARTY SOURCES. THE PERSONNEL COMMITTEE REVIEWS THE ANNUAL COMPENSATION OF ALL EMPLOYEES PRESENTED BY THE PRESIDENT & CEO FOR APPROPRIATENESS. |
| FORM 990, PART VI, SECTION C, LINE 19 | ALL INFORMATION IS AVAILABLE UPON REQUEST. |
| FORM 990, PART XII, LINE 2C: | THE OVERSIGHT PROCESS FOR THE FINANCIAL STATEMENTS HAS NOT CHANGED SINCE THE PRIOR YEAR. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (8 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|
| FOUNDATION ENTERPRISES LLC | |||||||||
| 2000 TULANE AVE 4TH FLOOR | NEW ORLEANS | LA | 70112 | 851150306 | HOLDING COMPANY | LA | $0 | $0 | LSU HEALTH FOUNDATION NEW ORLEANS |
| LSU HEALTH FITNESS LLC | |||||||||
| 2000 TULANE AVE 4TH FLOOR | NEW ORLEANS | LA | 70112 | 851194153 | FITNESS CENTER | LA | $321,575 | $27,736 | FOUNDATION ENTERPRISES LLC |
| 2126 TULANE LLC | |||||||||
| 2000 TULANE AVE 4TH FLOOR | NEW ORLEANS | LA | 70112 | 851208892 | HOTEL PROJECT - REAL ESTATE | LA | $45,106 | FOUNDATION ENTERPRISES LLC | |
| 2127 POYDRAS STREET LLC | |||||||||
| 2000 TULANE AVE 4TH FLOOR | NEW ORLEANS | LA | 70112 | 851776340 | STUDENT HOUSING PROJECT - REAL ESTATE | LA | $66,786 | $0 | FOUNDATION ENTERPRISES LLC |
| MV1 LLC | |||||||||
| 2000 TULANE AVE 4TH FLOOR | NEW ORLEANS | LA | 70112 | 851317847 | MARINER'S VILLAGE PROJECT - REAL ESTATE | LA | $0 | $0 | FOUNDATION ENTERPRISES LLC |
| 8890 QUARTERS LAKE ROAD LLC | |||||||||
| 2000 TULANE AVE 4TH FLOOR | NEW ORLEANS | LA | 70112 | 851406619 | BR RETIREMENT VILLAGE - REAL ESTATE | LA | $0 | $0 | FOUNDATION ENTERPRISES LLC |
| HEALTH FOUNDATION ENTERPRISES LLC | |||||||||
| 2000 TULANE AVE 4TH FLOOR | NEW ORLEANS | LA | 70112 | 861386640 | OTHER PASSIVE INCOME FROM LEASES/AGREEMENTS | LA | $125,110 | $183,121 | FOUNDATION ENTERPRISES LLC |
| LSU HEALTH FOUNDATION PHARMACY SERVICES LLC | |||||||||
| 2000 TULANE AVE 4TH FLOOR | NEW ORLEANS | LA | 70112 | 873877063 | PHARMACY PROJECT | LA | $100,000 | $69,962 | FOUNDATION ENTERPRISES LLC |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LSU HEALTH SCIENCES CENTER - NEW ORLEANS | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 433 BOLIVAR STREET | AddressLine1Txt |
| City | NEW ORLEANS | CityNm |
| State Abbreviation | LA | StateAbbreviationCd |
| ZIP | 70112 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 726087770 | EIN |
| Primary Activities | MEDICAL EDUCATION | PrimaryActivitiesTxt |
| Legal Domicile State | LA | LegalDomicileStateCd |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | Yes (1) | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | Yes (1) | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (3 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| LSU HEALTH SCIENCES CENTER - NEW ORLEANS | ||
| B | $6,085,100 | CASH TRANSACTION |
| LSU HEALTH SCIENCES CENTER - NEW ORLEANS | ||
| J | $115,378 | CASH TRANSACTION |
| LSU HEALTH SCIENCES CENTER - NEW ORLEANS | ||
| K | $465,684 | CASH TRANSACTION |