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EIN 72-0883155

Pennington Medical Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Baton Rouge
State
Louisiana
Year formed
1980
Most recent tax filings
2022-12-01
NTEE code, primary
E11: Health Care Single Organization Support
Description
The Pennington Medical Foundation administers the trust established by C.B. Pennington and Irene W. Pennington, provides financial support for medical research programs of the Pennington Biomedical Research Center by providing capital grants and seed funding, as well as expenditures supporting various research and faculty projects. The foundation also offers salary supplements to retain physician scientists at the Pennington Biomedical Research Center. The foundation is located in Baton Rouge, LA.
Total revenues
$18,207
2022
Total expenses
$217,144
2022
Total assets
$281,987
2022
Num. employees
0
2022

Program areas at Pennington Medical Foundation

Salary supplements to retain physician scientists at the Pennington biomedical research center.
Expenditures supporting various research and faculty projects for the Pennington biomedical research center.

Personnel at Pennington Medical Foundation

NameTitleCompensation
Brad JewellChief Executive Officer Through 11 and 23 and 2020 / President and Chief Executive Officer / Director of Accounting$0
William HodgkinsSecretary$0
John Kirwan$0
William L SilviaPresident and Chief Executive Officer$57,000
William T Cefalu$0
...and 2 more key personnel

Financials for Pennington Medical Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$0
Investment income and dividends$2,486
Tax-exempt bond proceeds$0
Royalty revenue$36,171
Net rental income$0
Net gain from sale of non-inventory assets$-20,450
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$18,207

Form 990s for Pennington Medical Foundation

Fiscal year endingDate received by IRSFormPDF link
2021-122022-11-15990View PDF
2020-122021-11-12990View PDF
2019-122021-02-19990View PDF
2018-122020-01-21990View PDF
2017-122019-03-15990View PDF
...and 10 more Form 990s
Data update history
June 3, 2023
Updated personnel
Identified 2 new personnel
May 30, 2023
Updated personnel
Identified 1 new personnel
August 22, 2021
Posted financials
Added Form 990 for fiscal year 2019
April 30, 2021
Posted financials
Added Form 990 for fiscal year 2018
October 2, 2020
Posted financials
Added Form 990 for fiscal year 2017
Nonprofit Types
Hospital foundationsGrantmaking organizationsHealth organizationsHeadquarter / parent organizationsCharities
Issues
Health
Characteristics
Funds one specific organizationLobbyingPartially liquidatedTax deductible donationsNo full-time employees
General information
Address
6400 Perkins Rd
Baton Rouge, LA 70808
Metro area
Baton Rouge, LA
County
East Baton Rouge Parish, LA
Phone
(225) 763-2511
IRS details
EIN
72-0883155
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1980
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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