EIN 58-1767810

Pennington Biomedical Research Foundation (PBRF)

IRS 501(c) type
501(c)(3)
Num. employees
8
Year formed
1988
Most recent tax filings
2023-06-01
Description
The Pennington Biomedical Research Foundation provides the Pennington Biomedical Research Center with vital funding for nutrition-based research which aims to prevent premature death from chronic diseases.
Total revenues
$4,845,894
2023
Total expenses
$4,067,974
2023
Total assets
$26,184,075
2023
Num. employees
8
2023

Program areas at PBRF

Pennington Biomedical Research Foundation provides annual funding to the Pennington Biomedical Research center for endowed chairs, professorships, and postdoctoral fellowships. This funding supports faculty supplements, Research equipment, supplies, travel, and other vital Research costs. The Foundation maintains 9 endowed chairs, 6 endowed professorships, and 2 endowed postdoctoral fellowships.
Pennington Biomedical Research Foundation provides the Pennington Biomedical Research center with programmatic funding for three major areas: priority Research programs that address the urgent scientific needs of its Research enterprise, deploy proactive business development in an effort to enhance revenue generation to provide long-term financial stability and health, and position the Research center as the world leader in obesity and chronic disease through a targeted communications and branding initiative.
Pennington Biomedical Research Foundation provides funding to the Pennington Biomedical Research center for specific Research projects, including but not limited to those related to the institute for dementia Research & prevention, childhood obesity & public health, diabetes, and obesity.

Who funds Pennington Biomedical Research Foundation (PBRF)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Baton Rouge Area FoundationGeneral Support, Branding Project, American Diabetes Assoc Symposium, Support of Music and the Mind, Dr. Albaugh's Project, Council on 100, Berry Endowed Lectureship Fund$523,750
Tulane UniversitySubcontract Grant Award$144,638
Irene W and C B Pennington FoundationAthlete Mental Health & Resilience$100,000
...and 39 more grants received totalling $1,457,687

Personnel at PBRF

NameTitleCompensation
Andre GreenePresident and Chief Executive Officer$141,531
Rebecca SchuttePast President and Chief Executive Officer$193,568
George D NelsonChairperson / Vice - Chair / Director / Board Member$0
Annette D BartonSecretary$0
C Brent McCoyTreasurer$0
...and 6 more key personnel

Financials for PBRF

RevenuesFYE 06/2023
Total grants, contributions, etc.$3,259,267
Program services$0
Investment income and dividends$725,418
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-67,637
Net income from fundraising events$-28,912
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$957,758
Total revenues$4,845,894

Form 990s for PBRF

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-14990View PDF
2022-062023-05-11990View PDF
2021-062022-05-16990View PDF
2020-062021-05-18990View PDF
2019-062020-09-09990View PDF
...and 10 more Form 990s
Data update history
July 19, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 14, 2024
Received grants
Identified 34 new grant, including a grant for $523,750 from Baton Rouge Area Foundation
July 10, 2024
Used new vendors
Identified 2 new vendors, including , and
December 26, 2023
Received grants
Identified 15 new grant, including a grant for $877,696 from American Heart Association (AHA)
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Grantmaking organizationsDisease research fundraisersMedical research organizationsCharities
Issues
Health
Characteristics
Conducts researchLobbyingFundraising eventsNational levelEndowed supportTax deductible donationsAccepts online donations
General information
Address
6400 Perkins Rd
Baton Rouge, LA 70808
Metro area
Baton Rouge, LA
County
East Baton Rouge Parish, LA
Website URL
pbrf.org/ 
Phone
(225) 763-2511
IRS details
EIN
58-1767810
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1988
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
H90: Medical Specialty Research
NAICS code, primary
813212: Health and Disease Research Fundraising Organizations
Parent/child status
Independent
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