Civic Intelligence

Pennington Medical Foundation

990 • Fiscal year 2015 • EIN 72-0883155

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 10, 2016

Organization ProfileN/A
6400 Perkins RoadBaton Rouge, LA 70808

(225) 763-2511

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

50th percentile

0.31x

Higher debt load relative to assets than 50% of similar nonprofits.

2015 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2015

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2015

Net Margin

100th percentile

793%

Higher net margin than 100% of similar nonprofits.

2015 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2015

Top Officer Pay

79th percentile

$642,921

Higher top officer pay than 79% of similar nonprofits.

2015 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2015

Asset Growth

8th percentile

-7.8%

Faster asset growth than 8% of similar nonprofits.

2015 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2014 to 2015

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets50th percentile

Assets

Down

$59,791,361

Down $5,048,454 (-7.8%) from 2014

Net Assets

Down

$41,391,493

Down $4,527,200 (-9.9%) from 2014

Liabilities

Down

$18,399,868

Down $521,254 (-2.8%) from 2014

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin100th percentile

Revenue

Down

-$429,298

Down $1,527,876 (-139%) from 2014

Expenses

Down

$2,974,208

Down $756,814 (-20%) from 2014

Net Income

Down

-$3,403,506

Down $771,062 (-29%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth8th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$80M$60M$40M$20M$0Assets 2010: $73,352,420Liabilities 2010: $19,904,699Net Assets 2010: $53,447,7212010Assets 2011: $69,781,598Liabilities 2011: $19,795,537Net Assets 2011: $49,986,0612011Assets 2012: $69,779,174Liabilities 2012: $19,483,119Net Assets 2012: $50,296,0552012Assets 2013: $67,729,187Liabilities 2013: $19,138,397Net Assets 2013: $48,590,7902013Assets 2014: $64,839,815Liabilities 2014: $18,921,122Net Assets 2014: $45,918,6932014Assets 2015: $59,791,361Liabilities 2015: $18,399,868Net Assets 2015: $41,391,4932015Assets 2016: $1,322,509Liabilities 2016: $27,225Net Assets 2016: $1,295,2842016Assets 2017: $1,031,971Liabilities 2017: $25,006Net Assets 2017: $1,006,9652017Assets 2018: $853,684Liabilities 2018: $13,962Net Assets 2018: $839,7222018Assets 2019: $724,876Liabilities 2019: $8,165Net Assets 2019: $716,7112019Assets 2020: $707,718Liabilities 2020: $24,359Net Assets 2020: $683,3592020Assets 2021: $638,208Liabilities 2021: $20,528Net Assets 2021: $617,6802021Assets 2022: $281,987Liabilities 2022: $281,987Net Assets 2022: $02022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2015

Assets$59,791,361
Liabilities$18,399,868
Net Assets$41,391,493
Open 2015 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$40M$20M$0-$20M-$40M-$60MExpenses 2010: $4,835,8332010Expenses 2011: $3,590,1802011Expenses 2012: $3,335,3922012Revenue 2013: $1,341,843Expenses 2013: $3,364,547Net Income 2013: -$2,022,7042013Revenue 2014: $1,098,578Expenses 2014: $3,731,022Net Income 2014: -$2,632,4442014Revenue 2015: -$429,298Expenses 2015: $2,974,208Net Income 2015: -$3,403,5062015Revenue 2016: -$392,675Expenses 2016: $39,630,808Net Income 2016: -$40,023,4832016Revenue 2017: $43,779Expenses 2017: $238,497Net Income 2017: -$194,7182017Revenue 2018: $1,461,977Expenses 2018: $230,983Net Income 2018: $1,230,9942018Revenue 2019: $57,077Expenses 2019: $129,660Net Income 2019: -$72,5832019Revenue 2020: $37,282Expenses 2020: $117,493Net Income 2020: -$80,2112020Revenue 2021: $28,646Expenses 2021: $150,239Net Income 2021: -$121,5932021Revenue 2022: $18,207Expenses 2022: $217,144Net Income 2022: -$198,9372022Revenue 2023: $0Expenses 2023: $0Net Income 2023: $02023

Highlighted filing

2015

Revenue-$429,298
Expenses$2,974,208
Net Income-$3,403,506
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 10, 2016
Return Version
2015v2.1
Gross Receipts
$39,868,773
Mission and Program Overview

Mission

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, a campus of the board of supervisors of louisiana state university agricultural and mechanical college, by providing capital and seed funding, and supports the development and expansion of the center and its programs.

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, and supports the development and expansion of the center and its programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$32,200,481$31,048,912▼ $1,151,569
Investments Other Securities$30,237,886$10,118,717▼ $20,119,169
Prepaid Expenses and Deferred Charges$61,180$60,336▼ $844
Cash and Non-Interest-Bearing Accounts$24,533$27,166▲ $2,633
Accounts Receivable$9,634$0▼ $9,634
Total Assets$64,839,815$59,791,361▼ $5,048,454
Other Assets Total$2,306,101$18,536,230▲ $16,230,129
Liabilities
Tax Exempt Bond Liabilities$18,192,143$17,840,374▼ $351,769
Other Liabilities$504,631$437,105▼ $67,526
Accounts Payable and Accrued Expenses$224,348$122,389▼ $101,959
Total Liabilities$18,921,122$18,399,868▼ $521,254
Net Assets / Fund Balance
Unrestricted Net Assets$45,918,693$41,391,493▼ $4,527,200
Total Net Assets Fund Balance$45,918,693$41,391,493▼ $4,527,200
Total Liabilities and Net Assets / Fund Balance$64,839,815$59,791,361▼ $5,048,454

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$31,048,912$13,648,966$44,697,878
Equipment$0$3,373,473$3,373,473
Other Assets Org$199,579--
Other Securities$134,650--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$45,918,693$103,660▼ $1,656,652$2,656,448$41,391,493
2014$48,590,790$98,854▲ $960,071$3,370,332$45,918,693
2013$50,296,055$105,851▲ $1,553,431$3,042,225$48,590,790
2012$49,986,061$103,660▲ $3,541,726$3,023,018$50,296,055
2011$53,447,721$128,874▼ $354$3,283,536$49,986,061
Compensation and Service Providers
Top Officer Pay79th percentile

Employees

NameTitleFull / Part TimeBaseTotal
William L Silvia JrPresident/CEOPT$176,244$176,244
Brad JewellDirector of AccountingPT$51,200$51,200

Board Members and Trustees

NameTitle
Charles LamarTrustee
Claude B Pennington IiiTrustee
Daryl B Pennington SrTrustee
Dr Christel C SlaughterTrustee
Dr F King AlexanderTrustee
Dr Larry HollierTrustee
Dr William B RichardsonTrustee
G Lee GriffinTrustee
Jake L NettervilleTrustee
Paula Pennington De La BretonneTrustee
Raymond G PostTrustee
Richard LipseyTrustee
Dr William T CefaluEx-officio
William HodgkinsSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Wp CorporationFinancial Management & Planning, Facilit416 W WOODGATE COURT, Baton Rouge, LA 70808$176,244
Revenue and Support

Revenue Composition

Contributions and Grants
$5,000
Program Service Revenue
$0
Investment Income
$-582,899
Other Revenue
$148,601
All Other Contributions
$5,000
Change in Net Assets
$-3,403,506

Audited Revenue Reconciliation

Revenue per Audited Statements
$-429,298
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-1,123,694
Total Revenue per Audited Statements
$-1,552,992
Total Revenue per Form 990
$-429,298
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,969,208
Grants and Similar Amounts Paid$5,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$1,144,779--$1,144,779
Interest$883,434--$883,434
Fees for Services Other$60,413$132,966-$193,379
Insurance$111,724$20,091-$131,815
Fees for Service Investment Mgmnt Fees-$102,754-$102,754
All Other Expenses$21,916$23,344-$45,260
Other Expenses$29,136$58,161-$29,136
Grants to Domestic Orgs$5,000--$5,000
Office Expenses-$535-$535
Total Functional Expenses$2,636,357$337,851$0$2,974,208

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,974,208
Total Expenses per Audited Statements$2,974,208
Total Expenses per Form 990$2,974,208
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

International Summary

Offices
0
Employees
0
Spending
$43,339

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Central America and the CaribbeanInvestments-00$43,339
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
William L Silvia JrOfficerFinancial Management and Planning, Facilities Management and Planning, Governmental, Community, and Lsu System Relations, and Economic DevelopmentNo$176,244
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Interest Payable$437,105

Bond Issues

BondIssuerIssuedIssue PricePurpose
ALouisiana Public Facilities Authority (pennington Medical Found Project)2006-03-16$46,432,183See schedule o for description

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$46,432,183--$638,518

Bond Financing Compliance

No rebate due
Yes
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
Yes
Exception to rebate
No
Corrective action procedures
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
Yes
Compensation from other sources disclosed
Yes
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“1) paula pennington de la bretonne, claude b. Pennington iii, and daryl b. Pennington have a family relationship. 2) paula pennington de la bretonne, claude b. Pennington iii, and daryl b. Pennington have a business relationship. 3) william hodgkins and paula pennington de la bretonne, claude b. Pennington iii, and darryl pennington have a business relationship.”

Form 990, Part VI, Section A, Line 4

“The foundation amended its bylaws in 2015 to: decrease the number of trustees necessary to constitute a meeting quirum (a majority of all trustees still required to approve an action item), and provides procedures to submit written votes prior to or after a board meeting.”

Form 990, Part VI, Section B, Line 11

“The board of trustees has authorized the audit, finance, and investment committee to review, approve, sign and file the form 990. Prior to filing, the committee will also provide a copy of the form 990 to the board of trustees.”

Form 990, Part VI, Section B, Line 12C

“Each foundation trustee and officer is obligated to the foundation and to his or her fellow trustees and officers to inform them of any position he or she holds, and of any business activity which may result in a possible conflict of interest or bias for or against a particular action or policy, at the time such action or policy is under consideration by the board. In the course of the foundation meetings or activities, each person discloses any direct or indirect interest in a transaction or decision that potentially could be a conflict of interest; e.g. Whenever the family, employer, or close associates of the person will receive a benefit or gain, or an opportunity or potential for benefit arises, or an opportunity for unfair influence arises, or an opportunity for detriment or harm to the foundation or for benefit or gain to a third party at the expense of the foundation arises. Foundation trustees and officers err on the side of prudence, and declare an actual or potential confilict if in doubt as to a relationship or interest.”

Form 990, Part VI, Section B, Line 15

“The audit, finance, and investment committee has reviewed the compensation comparability data for the president/ceo and the director of accounting. The committee reported its findings and recommendations to the board of trustees. The board of trustees approved the recommendation. Substantiation of the deliberation and decision, including the process and data used, were documented in writing and is maintained in the contract file.”

Form 990, Part VI, Section C, Line 18

“The foundation makes its form 990 available through guidestar and upon request, and its form 1023 available upon request.”

Form 990, Part VI, Section C, Line 19

“The foundation's conflict of interest policy and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
Pennington Medical Foundation
EIN
72-0883155
Phone
2257632511
Address
6400 PERKINS ROAD, BATON ROUGE, LA 70808

Signing Officer

Name
William L Silvia Jr
Title
President & CEO
Phone
2257632511
Signed
2016-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William L Silvia Jr
Formed
1980
Legal Domicile
La
Voting Board Members
12
Independent Board Members
10
Employees
0
Volunteers
13

Preparer

Firm
Postlethwaite & Netterville
Address
8550 UNITED PLAZA BLVD SUITE 1001, BATON ROUGE, LA 70809
Preparer
Ralph Stephens
Phone
2259224600
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“Explanation: the process has not changed from the prior year.”

Financial Statement Notes

PART V, LINE 4:

“To continue to provide operating support to the foundation and to support the needs of the pennington biomedical research center, a campus of the louisiana state university system.”

PART X, LINE 2:

“The foundation has been recognized by the internal revenue service as a not-for-profit organization as described in section 501(c)(3) of the internal revenue code and is exempt from federal income taxes. However, income from certain activities not directly related to the foundation's tax-exempt purpose is subject to taxation as unrelated business income. The foundation has been classified as an organization other than a private foundation. Management has determined that there are no uncertain tax positions that would require recognition in the financial statements. If the foundation were to incur an income tax liability in the future, interest on any income tax liability would be reported as interest expense and penalties on any income tax would be reported as income taxes. Management's conclusions regarding uncertain tax positions may be subject to review and adjustment at a later dadte based on ongoing anaylsis of tax laws, regulations, and interpretations thereof as well as other factors.”

Raw XML AppendixShowing 400 of 774 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0224348
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0122389
IRS990/AccountsReceivableGrp/BOYAmt09634
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE 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, AND SUPPORTS THE DEVELOPMENT AND EXPANSION OF THE CENTER AND ITS PROGRAMS.
IRS990/AllOtherContributionsAmt05000
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt023344
IRS990/AllOtherExpensesGrp/ProgramServicesAmt021916
IRS990/AllOtherExpensesGrp/TotalAmt045260
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0WILLIAM L SILVIA JR PRESIDENT & CEO
IRS990/BooksInCareOfDetail/PhoneNum02257632511
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt06400 PERKINS ROAD
IRS990/BooksInCareOfDetail/USAddress/CityNm0BATON ROUGE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0LA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd070808
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd01
IRS990/BusinessRlnWithOrgMemInd01
IRS990/CashNonInterestBearingGrp/BOYAmt024533
IRS990/CashNonInterestBearingGrp/EOYAmt027166
IRS990/ChangeToOrgDocumentsInd01
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd01
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0176244
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0416 W WOODGATE COURT
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0BATON ROUGE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0LA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd070808
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0WP CORPORATION
IRS990/ContractorCompensationGrp/ServicesDesc0FINANCIAL MANAGEMENT & PLANNING, FACILIT
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt05000
IRS990/CYGrantsAndSimilarPaidAmt05000
IRS990/CYInvestmentIncomeAmt0-582899
IRS990/CYOtherExpensesAmt02969208
IRS990/CYOtherRevenueAmt0148601
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-3403506
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt02974208
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0-429298
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt01144779
IRS990/DepreciationDepletionGrp/TotalAmt01144779
IRS990/Desc0SERIES 2006 BOND/BUILDING EXPENDITURES - PENNINGTON MEDICAL FOUNDATION PROVIDES ANNUAL FUNDING FOR BOND FINANCING AND BUILDING RELATED EXPENDITURES FOR THE BASIC SCIENCE BUILDING AND THE POPULATION RESEARCH BUILDING OCCUPIED BY THE PENNINGTON BIOMEDICAL RESEARCH CENTER.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountInd01
IRS990/ExpenseAmt02146853
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0132966
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt060413
IRS990/FeesForServicesOtherGrp/TotalAmt0193379
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt0102754
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt0102754
IRS990/ForeignActivitiesInd01
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1423.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1514.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/PersonNm0DR F KING ALEXANDER
IRS990/Form990PartVIISectionAGrp/PersonNm1PAULA PENNINGTON DE LA BRETONNE
IRS990/Form990PartVIISectionAGrp/PersonNm2G LEE GRIFFIN
IRS990/Form990PartVIISectionAGrp/PersonNm3DR LARRY HOLLIER
IRS990/Form990PartVIISectionAGrp/PersonNm4CHARLES LAMAR
IRS990/Form990PartVIISectionAGrp/PersonNm5RICHARD LIPSEY
IRS990/Form990PartVIISectionAGrp/PersonNm6JAKE L NETTERVILLE
IRS990/Form990PartVIISectionAGrp/PersonNm7CLAUDE B PENNINGTON III
IRS990/Form990PartVIISectionAGrp/PersonNm8DARYL B PENNINGTON SR
IRS990/Form990PartVIISectionAGrp/PersonNm9RAYMOND G POST
IRS990/Form990PartVIISectionAGrp/PersonNm10DR WILLIAM B RICHARDSON
IRS990/Form990PartVIISectionAGrp/PersonNm11DR CHRISTEL C SLAUGHTER
IRS990/Form990PartVIISectionAGrp/PersonNm12DR WILLIAM T CEFALU
IRS990/Form990PartVIISectionAGrp/PersonNm13WILLIAM HODGKINS
IRS990/Form990PartVIISectionAGrp/PersonNm14WILLIAM L SILVIA JR
IRS990/Form990PartVIISectionAGrp/PersonNm15BRAD JEWELL
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14176244
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1551200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0642921
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10299672
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt12364701
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12EX-OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt13SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt14PRESIDENT/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR OF ACCOUNTING
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01980
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0-1110991
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt05000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt05000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt039187080
IRS990/GrossReceiptsAmt039868773
IRS990/GrossRentsGrp/RealAmt098660
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt020091
IRS990/InsuranceGrp/ProgramServicesAmt0111724
IRS990/InsuranceGrp/TotalAmt0131815
IRS990/InterestGrp/ProgramServicesAmt0883434
IRS990/InterestGrp/TotalAmt0883434
IRS990/InvestmentIncomeGrp/ExclusionAmt0528092
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0528092
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt030237886
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt010118717
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt011
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt017022439
IRS990/LandBldgEquipBasisNetGrp/BOYAmt032200481
IRS990/LandBldgEquipBasisNetGrp/EOYAmt031048912
IRS990/LandBldgEquipCostOrOtherBssAmt048071351
IRS990/LegalDomicileStateCd0LA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt040298071
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd01
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE 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, A CAMPUS OF THE BOARD OF SUPERVISORS OF LOUISIANA STATE UNIVERSITY AGRICULTURAL AND MECHANICAL COLLEGE, BY PROVIDING CAPITAL AND SEED FUNDING, AND SUPPORTS THE DEVELOPMENT AND EXPANSION OF THE CENTER AND ITS PROGRAMS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt045918693
IRS990/NetAssetsOrFundBalancesEOYAmt041391493
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-1110991
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-1110991
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt098660
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt098660
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-1123694
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0535
IRS990/OfficeExpensesGrp/TotalAmt0535
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02306101
IRS990/OtherAssetsTotalGrp/EOYAmt018536230
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0PBRC CONTRACTS/SUPPLEME
IRS990/OtherExpensesGrp/Desc1PBRC PROJECTS
IRS990/OtherExpensesGrp/Desc2MD SALARY EXPENSES
IRS990/OtherExpensesGrp/Desc3PBRC EXECUTIVE DIRECTOR
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt058161
IRS990/OtherExpensesGrp/ProgramServicesAmt0118083
IRS990/OtherExpensesGrp/ProgramServicesAmt1146334
IRS990/OtherExpensesGrp/ProgramServicesAmt2115538
IRS990/OtherExpensesGrp/ProgramServicesAmt329136
IRS990/OtherExpensesGrp/TotalAmt0176244
IRS990/OtherExpensesGrp/TotalAmt1146334
IRS990/OtherExpensesGrp/TotalAmt2115538
IRS990/OtherExpensesGrp/TotalAmt329136
IRS990/OtherLiabilitiesGrp/BOYAmt0504631
IRS990/OtherLiabilitiesGrp/EOYAmt0437105
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt061180
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt060336
IRS990/PrincipalOfficerNm0WILLIAM L SILVIA JR
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0PENNINGTON BIOMEDICAL RESEARCH CENTER PROJECTS - FACULTY RESEARCH SUPPORT, MD SALARY SUPPLEMENTS, REPAIRS TO RESEARCH FACILITIES, AND TECHNOLOGY TRANSFER SUPPORT.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0460368
IRS990/ProgSrvcAccomActy3Grp/Desc0PENNINGTON BIOMEDICAL RESEARCH CENTER EXECUTIVE DIRECTOR FUND - PENNINGTON MEDICAL FOUNDATION PROVIDES ANNUAL FUNDING TO THE PENNINGTON BIOMEDICAL RESEARCH CENTER FOR SEED FUNDING, EQUIPMENT, SALARY SUPPLEMENTS, AND OTHER RESEARCH RELATED EXPENDITURES.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt029136
IRS990/ProgSrvcAccomActyOtherGrp/Desc0EXPENDITURES SUPPORTING VARIOUS RESEARCH AND FACULTY PROJECTS FOR THE PENNINGTON BIOMEDICAL RESEARCH CENTER.
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt05000
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0194
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0898270
IRS990/PYOtherExpensesAmt03731022
IRS990/PYOtherRevenueAmt0200114
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-2632444
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt03731022
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01098578
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-3403506
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt098660
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt049941
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt049941
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd01
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesEngagedOrgInvlmntInd01
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesFurtherExemptPrpsInd01
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesTestInd0X
IRS990ScheduleA/Form990SchAType3FuncIntGrp/GovernmentalEntityInd0X
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd01
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd01
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0PENNINGTON MEDICAL FOUNDATION ("SUPPORTING ORGANIZATION") SUPPORTS LOUISIANA STATE UNIVERSITY AND AGRICULTURAL AND MECHANICAL COLLEGE, REPRESENTED BY PENNINGTON BIOMEDICAL RESEARCH CENTER ("SUPPORTED ORGANIZATION") WHICH IS A 501C3 PUBLIC CHARITY AND STATE UNIVERSITY (TAX I.D.# 72-6000848).
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1VARIOUS OFFICERS OF THE SUPPORTED ORGANIZATION SERVE AS SOME OF THE VOTING MEMBERS OF THE BOARD OF TRUSTEES OF THE SUPPORTING ORGANIZATION. THESE INDIVIDUALS, ALONG WITH OTHER VOTING TRUSTEES, SET AND APPROVE INVESTMENT POLICIES AND MAKE DECISIONS REGARDING THE TIMING AND AMOUNT OF SUPPORT/GRANTS TO THE SUPPORTED ORGANIZATION. TRUSTEES ALSO APPROVE THE ANNUAL BUDGET OF THE SUPPORTING ORGANIZATION. FURTHER THERE IS AN AFFILIATION AGREEMENT IN PLACE BETWEEN THE SUPPORTING ORGANIZATION AND SUPPORTED ORGANIZATION.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2SUPPORTING ORGANIZATION SUPPORTS THE SUPPORTED ORGANIZATION, WHICH IS A GOVERNMENTAL ENTITY TO WHICH THE SUPPORTING ORGANIZATION IS RESPONSIVE. THE SUPPORTING ORGANIZATION PROVIDED SUPPORT TO THE SUPPORTED ORGANIZATION IN 2015 THROUGH DEBT SERVICE, INSURANCE, AND BOND RELATED PAYMENTS AND COSTS FOR THE BIOMEDICAL RESEARCH BUILDINGS TOTALLY OCCUPIED BY SUPPORTED ORGANIZATION. THE SUPPORTING ORGANIZATION ALSO PROVIDED MONETARY SUPPORT IN THE FORM OF PHYSICIAN SALARY SUPPLEMENTS, AND PROGRAM RELATED RESEARCH SUPPORT FOR FACULTY OF THE SUPPORTED ORGANIZATION. FURTHER, THE SUPPORTING ORGANIZATION HOLDS TITLE TO THE BASIC SCIENCE BUILDING AND POPULATION SCIENCE BUILDING (EXEMPT-USE ASSETS) WHICH THE SUPPORTED ORGANIZATION TOTALLY OCCUPIES AND UTILIZES IN ORDER TO CARRY OUT ITS EXEMPT RESEARCH MISSION AND PURPOSE.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt3THE SUPPORTED ORGANIZATION IS LOUISIANA STATE UNIVERSITY/PENNINGTON BIOMEDICAL RESEARCH CENTER. SUBSTANTIALLY ALL OF THE SUPPORTING ORGANIZATION'S ACTIVITIES, EXPENDITURES, AND SUPPORT IS PROVIDED TO, OR ON BEHALF OF, THIS SUPPORTED ORGANIZATION, INCLUDING THE HOLDING OF TITLE TO EXEMPT-USE ASSETS (BASIC SCIENCE BUILDING AND POPULATION SCIENCE BUILDING), AND THE PROVIDING OF DIRECT PROGRAMMATIC RESEARCH SUPPORT, WHICH WAS PROVIDED BY THE SUPPORTING ORGANIZATION IN DIRECT RESPONSE TO REQUESTS FROM THE SUPPORTED ORGANIZATION.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt4HAD THE SUPPORTING ORGANIZATION NOT PROVIDED THE USE OF ITS EXEMPT-USE ASSETS (BASIC SCIENCE BUILDING AND POPULATION SCIENCE BUILDING) AND THE VITAL FUNDING FOR PROGRAMMATIC RESEARCH SUPPORT TO THE SUPPORTED ORGANIZATION, THE SUPPORTED ORGANIZATION WOULD HAVE TO ENGAGE IN THOSE ACTIVITIES ITSELF IN FURTHERING ITS EXEMPT MISSION. SINCE INCEPTION, THE SUPPORTING ORGANIZATION HAS PROVIDED APPROXIMATELY 589,000 SQUARE FEET OF FACILITIES AND OTHER INFRASTRUCTURE TO THE SUPPORTED ORGANIZATION, WHICH CONSTITUTES NEARLY 80% OF THE TOTAL RESEARCH AND ADMINISTRATIVE FACILITIES ON ITS CAMPUS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART IV, SECTION A, LINE 2
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1SCHEDULE A, PART IV, SECTION D, LINE 3
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc2SCHEDULE A, PART IV, SECTION E, LINE 1C
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc3SCHEDULE A, PART IV, SECTION E, LINE 2A
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc4SCHEDULE A, PART IV, SECTION E, LINE 2B
IRS990ScheduleA/OtherSupportSumAmt01144779
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0726000848
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt01144779
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt01511669
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0LSUPENNINGTON BIOMEDICAL RESEARCH CENTER
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3FuncIntInd0X
IRS990ScheduleA/SupportSumAmt01511669
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleC/DirectContactLegislatorsAmt060413
IRS990ScheduleC/DirectContactLegislatorsInd01
IRS990ScheduleC/GrantsOtherOrganizationsInd00
IRS990ScheduleC/MailingsMembersInd00
IRS990ScheduleC/MediaAdvertisementsInd00
IRS990ScheduleC/NotDescribedSection501c3Ind00
IRS990ScheduleC/OtherActivitiesInd00
IRS990ScheduleC/PaidStaffOrManagementInd00
IRS990ScheduleC/PublicationsOrBroadcastInd00
IRS990ScheduleC/RalliesDemonstrationsInd00
IRS990ScheduleC/TotalLobbyingExpendituresAmt060413
IRS990ScheduleC/VolunteersInd00
IRS990ScheduleD/BoardDesignatedBalanceEOYPct01.00000
IRS990ScheduleD/BuildingsGrp/BookValueAmt031048912
IRS990ScheduleD/BuildingsGrp/DepreciationAmt013648966
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt044697878
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt0317760

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$59,791,361
Liabilities
$18,399,868
Net assets
$41,391,493
Revenue
-$429,298
Expenses
$2,974,208
Net income
-$3,403,506
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.28$0.28$0.00$0.02$0.22$0.20
2021Detailed filing. Detailed filing data is available for this year.$0.64$0.02$0.62$0.03$0.15$0.12
2020Detailed filing. Detailed filing data is available for this year.$0.71$0.02$0.68$0.04$0.12$0.08
2019Detailed filing. Detailed filing data is available for this year.$0.72$0.01$0.72$0.06$0.13$0.07
2018Detailed filing. Detailed filing data is available for this year.$0.85$0.01$0.84$1.46$0.23$1.23
2017Detailed filing. Detailed filing data is available for this year.$1.03$0.03$1.01$0.04$0.24$0.19
2016Detailed filing. Detailed filing data is available for this year.$1.32$0.03$1.30$0.39$39.6$40.0
2015Detailed filing. Detailed filing data is available for this year.$59.8$18.4$41.4$0.43$2.97$3.40
2014Detailed filing. Detailed filing data is available for this year.$64.8$18.9$45.9$1.10$3.73$2.63
2013Detailed filing. Detailed filing data is available for this year.$67.7$19.1$48.6$1.34$3.36$2.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$69.8$19.5$50.3$3.34
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$69.8$19.8$50.0$3.59
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$73.4$19.9$53.4$4.84