EIN 72-1115391

Lsu Health Foundation New Orleans (LSUHSC)

IRS 501(c) type
501(c)(3)
Num. employees
23
Year formed
1988
Most recent tax filings
2023-06-01
Description
Louisiana State University Health Sciences Center New Orleans is Louisiana's flagship university educating the state's health care professionals.
Also known as...
Louisiana State University Health Sciences Center; The Foundation for the Lsu Health Sciences Center; Lsu Health Sciences Center Foundation
Total revenues
$11,240,062
2023
Total expenses
$17,574,267
2023
Total assets
$198,090,335
2023
Num. employees
23
2023

Program areas at LSUHSC

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 (cont'd on sch. O) 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.

Who funds Lsu Health Foundation New Orleans (LSUHSC)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Jack Kent Oral and Maxillofacial Surgery FoundationProvide Funds for the School of Dentistry To Ensure Continued Success in Educating Tomorrow's Health Care Providers, Performing Cutting Edge Research, Delivering Excellent Patient Care, and Engaging the Community With Outreach Programs To Improve the Health of Louisiana Citizens.$649,145
Francis X Bride Testamentary TrustCharitable Contribution$455,641
Elizabeth B Wetmore - Tes TrustGeneral Operating$350,000
...and 32 more grants received totalling $2,943,427

Personnel at LSUHSC

NameTitleCompensation
Matthew AltierAdministration / President and Chief Executive Officer$419,465
Lee TrumbleVice - President and Chief Financial Officer
Timothy HemphillVice - President and Chief Financial Officer / Accounting and Finance Team / Chief Financial Officer$236,110
Krystal OliveiraDevelopment Team / Chief Development Officer$168,558
Luis MedinaExecutive Director
...and 16 more key personnel

Financials for LSUHSC

RevenuesFYE 06/2023
Total grants, contributions, etc.$6,537,561
Program services$2,637,620
Investment income and dividends$1,009,197
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$1,185,126
Net gain from sale of non-inventory assets$0
Net income from fundraising events$-8,418
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$-121,024
Total revenues$11,240,062

Form 990s for LSUHSC

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-15990View PDF
2022-062023-05-12990View PDF
2021-062022-05-04990View PDF
2020-062021-04-19990View PDF
2019-062020-11-11990View PDF
...and 9 more Form 990s
Data update history
July 16, 2024
Received grants
Identified 9 new grant, including a grant for $350,000 from Elizabeth B Wetmore - Tes Trust
July 14, 2024
Used new vendors
Identified 4 new vendors, including , , , and
July 10, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 18, 2024
Received grants
Identified 16 new grant, including a grant for $170,000 from The Dallas Foundation
December 23, 2023
Received grants
Identified 3 new grant, including a grant for $649,145 from The Jack Kent Oral and Maxillofacial Surgery Foundation
Nonprofit Types
Hospital foundationsGrantmaking organizationsHealth organizationsHeadquarter / parent organizationsCharities
Issues
Health
Characteristics
Funds one specific organizationPolitical advocacyProvides grantsLobbyingFundraising eventsPeer-to-peer fundraisingOperates internationallyState / local levelReceives government fundingEndowed supportProvides scholarshipsFundraising races, competitions, and tournamentsTax deductible donationsAccepts online donations
General information
Address
2000 Tulane Ave 4th Floor
New Orleans, LA 70112
Metro area
New Orleans-Metairie, LA
County
Orleans Parish, LA
Website URL
lsuhealthfoundation.org/ 
Phone
(504) 568-4808
IRS details
EIN
72-1115391
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1988
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
E11: Health Care Single Organization Support
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Central organization
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