Civic Intelligence

The Foundation for the Lsu

EIN 72-1115391 • 501(c)3 • New Orleans, LA

View Organization Page

Profile

The foundation for the lsu health sciences center supports the activities of the lsu health sciences center, through research, educational, solicitation and management of funds, including endowments, and other functions for the benefit of the lsu health sciences center.

2000 Tulane Avenue 4th FloorNew Orleans, LA 70112

www.lsuhscfoundation.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

44th percentile

0.21x

Higher debt load relative to assets than 44% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2025

Liabilities / Revenue

90th percentile

4.07x

Higher debt load relative to revenue than 90% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2025

Net Margin

4th percentile

-46%

Higher net margin than 4% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2025

Top Officer Pay

20th percentile

$270,133

Higher top officer pay than 20% of similar nonprofits.

Top officer pay equals 2.3% of source-year revenue.

501(c)3 • $100M-$250M nonprofits • Source year 2025

Asset Growth

58th percentile

7.6%

Faster asset growth than 58% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2024 to 2025

Revenue Growth

6th percentile

-32%

Faster revenue growth than 6% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets44th percentile

Assets

Up

$224,360,286

Up $15,872,760 (+7.6%) from 2024

Liabilities

Up

$47,799,666

Up $3,996,361 (+9.1%) from 2024

Net Assets

Up

$176,560,620

Up $11,876,399 (+7.2%) from 2024

Operations
Liabilities / Revenue90th percentileNet Margin4th percentile

Revenue

Down

$11,748,424

Down $5,642,673 (-32%) from 2024

Expenses

Down

$17,140,424

Down $1,276,429 (-6.9%) from 2024

Net Income

Down

-$5,392,000

Down $4,366,244 (-426%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth58th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300M$200M$100M$0Assets 2011: $108,206,798Liabilities 2011: $24,728,156Net Assets 2011: $83,478,6422011Assets 2012: $109,073,447Liabilities 2012: $23,987,868Net Assets 2012: $85,085,5792012Assets 2013: $126,268,253Liabilities 2013: $26,395,057Net Assets 2013: $99,873,1962013Assets 2014: $137,010,098Liabilities 2014: $29,168,265Net Assets 2014: $107,841,8332014Assets 2015: $145,830,656Liabilities 2015: $30,105,121Net Assets 2015: $115,725,5352015Assets 2016: $143,209,846Liabilities 2016: $29,101,828Net Assets 2016: $114,108,0182016Assets 2017: $146,709,128Liabilities 2017: $30,508,053Net Assets 2017: $116,201,0752017Assets 2018: $151,758,478Liabilities 2018: $31,393,515Net Assets 2018: $120,364,9632018Assets 2019: $158,588,481Liabilities 2019: $31,138,122Net Assets 2019: $127,450,3592019Assets 2020: $163,045,964Liabilities 2020: $32,171,827Net Assets 2020: $130,874,1372020Assets 2021: $207,439,304Liabilities 2021: $44,175,332Net Assets 2021: $163,263,9722021Assets 2022: $192,154,044Liabilities 2022: $40,621,467Net Assets 2022: $151,532,5772022Assets 2023: $198,090,335Liabilities 2023: $43,135,337Net Assets 2023: $154,954,9982023Assets 2024: $208,487,526Liabilities 2024: $43,803,305Net Assets 2024: $164,684,2212024Assets 2025: $224,360,286Liabilities 2025: $47,799,666Net Assets 2025: $176,560,6202025

Highlighted filing

2025

Assets$224,360,286
Liabilities$47,799,666
Net Assets$176,560,620
Open 2025 Filing

Operations Trend

Revenue Growth6th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30M$20M$10M$0-$10MExpenses 2011: $6,673,8832011Expenses 2012: $7,137,4122012Revenue 2013: $17,405,123Expenses 2013: $8,649,026Net Income 2013: $8,756,0972013Revenue 2014: $10,986,367Expenses 2014: $11,484,529Net Income 2014: -$498,1622014Revenue 2015: $17,745,019Expenses 2015: $9,839,250Net Income 2015: $7,905,7692015Revenue 2016: $11,448,117Expenses 2016: $12,445,412Net Income 2016: -$997,2952016Revenue 2017: $14,714,878Expenses 2017: $14,413,989Net Income 2017: $300,8892017Revenue 2018: $14,933,147Expenses 2018: $12,202,335Net Income 2018: $2,730,8122018Revenue 2019: $20,505,895Expenses 2019: $13,253,981Net Income 2019: $7,251,9142019Revenue 2020: $16,219,820Expenses 2020: $14,849,558Net Income 2020: $1,370,2622020Revenue 2021: $15,855,068Expenses 2021: $15,638,475Net Income 2021: $216,5932021Revenue 2022: $21,944,141Expenses 2022: $15,497,637Net Income 2022: $6,446,5042022Revenue 2023: $11,240,062Expenses 2023: $17,574,267Net Income 2023: -$6,334,2052023Revenue 2024: $17,391,097Expenses 2024: $18,416,853Net Income 2024: -$1,025,7562024Revenue 2025: $11,748,424Expenses 2025: $17,140,424Net Income 2025: -$5,392,0002025

Highlighted filing

2025

Revenue$11,748,424
Expenses$17,140,424
Net Income-$5,392,000
Open 2025 Filing

Filings

Most recent year

2025 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$224,360,286
Liabilities
$47,799,666
Net assets
$176,560,620
Revenue
$11,748,424
Expenses
$17,140,424
Net income
-$5,392,000
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$224$47.8$177$11.7$17.1$5.39
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$208$43.8$165$17.4$18.4$1.03
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$198$43.1$155$11.2$17.6$6.33
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$192$40.6$152$21.9$15.5$6.45
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$207$44.2$163$15.9$15.6$0.22
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$163$32.2$131$16.2$14.8$1.37
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$159$31.1$127$20.5$13.3$7.25
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$152$31.4$120$14.9$12.2$2.73
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$147$30.5$116$14.7$14.4$0.30
2016Detailed filing. Detailed filing data is available for this year.$143$29.1$114$11.4$12.4$1.00
2015Detailed filing. Detailed filing data is available for this year.$146$30.1$116$17.7$9.84$7.91
2014Detailed filing. Detailed filing data is available for this year.$137$29.2$108$11.0$11.5$0.50
2013Summary only. Only limited summary data is available for this year.$126$26.4$99.9$17.4$8.65$8.76
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$109$24.0$85.1$7.14
2011XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$108$24.7$83.5$6.67
Latest Detailed Filing

The latest 2025 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 10, 2023
Return Version
2021v4.2
Gross Receipts
$58,573,526
Mission and Program Overview

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.

To inspire donors to invest in the lsu health sciences center - new orleans and its future.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$161,283,918$127,847,810▼ $33,436,108
Investments Other Securities$21,593,100$29,587,325▲ $7,994,225
Land, Buildings, and Equipment, Net$17,442,244$23,518,124▲ $6,075,880
Savings and Temporary Cash Investments$3,582,277$4,231,772▲ $649,495
Pledges and Grants Receivable$1,505,764$3,887,213▲ $2,381,449
Cash and Non-Interest-Bearing Accounts$1,506,953$1,988,200▲ $481,247
Accounts Receivable$167,786$746,865▲ $579,079
Prepaid Expenses and Deferred Charges$157,977$205,132▲ $47,155
Intangible Assets-$52,378-
Total Assets$207,439,304$192,154,044▼ $15,285,260
Other Assets Total$199,285$89,225▼ $110,060
Liabilities
Escrow Account Liability$41,422,408$32,937,028▼ $8,485,380
Mortgage Notes Payable Secured by Investment Property$0$4,517,384▲ $4,517,384
Unsecured Notes Loans Payable$1,919,435$1,642,322▼ $277,113
Accounts Payable and Accrued Expenses$571,295$1,308,503▲ $737,208
Other Liabilities$262,194$216,230▼ $45,964
Total Liabilities$44,175,332$40,621,467▼ $3,553,865
Net Assets / Fund Balance
Net Assets With Donor Restrictions$141,257,818$131,512,378▼ $9,745,440
Net Assets Without Donor Restrictions$22,006,154$20,020,199▼ $1,985,955
Total Net Assets Fund Balance$163,263,972$151,532,577▼ $11,731,395
Total Liabilities and Net Assets / Fund Balance$207,439,304$192,154,044▼ $15,285,260

Asset Categories

AssetBook ValueDepreciationBasis
Land$14,181,523-$14,181,523
Buildings$7,597,342$1,921,252$9,518,594
Other Land Buildings$1,739,259$206,788$1,946,047
Other Securities$750,000--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$124,466,251$5,386,569▼ $12,340,237$4,229,324$110,774,960
2020$98,709,444$2,127,190▲ $29,316,929$3,316,021$124,466,251
2019$96,098,383$3,149,200▲ $6,952,092$5,204,632$98,709,444
2018$94,779,344$3,000,662▲ $3,871,015$3,610,874$96,098,383
2017$91,318,803$2,274,752▲ $6,883,108$3,841,043$94,779,344
Compensation and Service Providers
Top Officer Pay20th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Matthew AltierPresident & CEOFT$339,446$141,104$480,550
Timothy HemphillVice-president & CFOFT$182,823$59,285$242,108
Krystal OliveiraChief Development OfficerFT$146,779$43,247$190,026
KATHERINE O'HAGANDirector of DevelopmentFT$103,924$26,929$130,853
Alejandra GuzmanExec. Director of Business VenturesFT$102,232$23,421$125,653

Board Members and Trustees

NameTitle
Warren L Gottsegen MdChair
Henry a Miller Jr EsqChair Emeritus
Kristi M Soileau DdsVice-chair
Al BienvenuBoard Member
Al Copeland JrBoard Member
Andre M RubensteinBoard Member
Brian H Melius DvmBoard Member
Carroll W SuggsBoard Member
Cris Mandry MdBoard Member
E Paige Sensenbrenner EsqBoard Member
Edwin K HunterBoard Member
Elizabeth B Grieshaber MdBoard Member
Elizabeth Terry Fontham PhdBoard Member
Eric L Laborde MdBoard Member
James Caillier EddBoard Member
Jay Dumas DmdBoard Member
Joseph N Macaluso Jr MdBoard Member
Karl E HoeferBoard Member
L King Scott DdsBoard Member
Linda Cao DdsBoard Member
Najeeb M Thomas MdBoard Member
Nicholas Authement JdBoard Member
Pk Scheerle RnBoard Member
Robert a Savoie PhdBoard Member
Virginia Angelico-tatum DdsBoard Member
Ronald Marks DdsBoard Member (thru 02/2022)
Joseph H AuthementBoard Member (thru 10/2021)
Brian P Jakes SrSecretary
Michael MeridethSecretary (thru 04/2022)
Mark Juneau Jr MdTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Crewcial Partners LLCInvestment Management810 SEVENTH AVENUE 32ND FLOOR, New York, NY 10019$338,157
Blackbaud INCDigital Services65 FAIRCHILD STREET, Charleston, SC 29492$194,326
Design The Planet LLCWebsite Development And Maintenance3900 N CAUSEWAY BLVD SUITE 420, Metairie, LA 70002$108,585
Revenue and Support

Revenue Composition

Contributions and Grants
$13,632,907
Program Service Revenue
$2,699,686
Investment Income
$5,172,260
Other Revenue
$439,288
All Other Contributions
$13,046,439
Change in Net Assets
$6,446,504

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
Yes

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded6$657,007Fair Market Value (FMV)
Real Estate Commercial1$650,000Fair Market Value (FMV)
Other Non Cash Contri Table142$28,583Fair Market Value (FMV)
Drugs and Medical Supplies4$22,294Fair Market Value (FMV)
Works of Art41$19,494Fair Market Value (FMV)
Clothing and Household Goods-$18,618Fair Market Value (FMV)
Food Inventory28$5,940Fair Market Value (FMV)
Collectibles15$2,320Fair Market Value (FMV)
Total Noncash Contributions237$1,404,256-

Audited Revenue Reconciliation

Revenue per Audited Statements
$21,828,695
Revenue Not Reported on Financial Statements
$115,446
Revenue Not Reported on Form 990
$-17,217,500
Total Revenue per Audited Statements
$4,611,195
Total Revenue per Form 990
$21,944,141
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,724,911
Grants and Similar Amounts Paid$6,722,601
Total Fundraising Expense$2,617,009
Salaries, Compensation, and Employee Benefits$2,050,125
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$6,085,100--$6,085,100
Fees for Service Investment Mgmnt Fees$2,599,636$115,446-$2,715,082
Other Salaries and Wages$152,655$104,549$720,933$978,137
Current Officers, Directors, Trustees, and Key Employees$161,734$428,806$161,734$752,274
Grants to Domestic Individuals$637,501--$637,501
Fees for Services Other$119,995$8,317$300,260$428,572
Office Expenses$24,508$16,712$385,431$426,651
Occupancy$131,398$56,936$47,748$236,082
Travel$6,536$6,772$174,503$187,811
Other Employee Benefits$21,185$606$119,662$141,453
Payroll Taxes$23,323$29,325$72,302$124,950
Fees for Services Legal$26,488$20,310$34,569$81,367
Depreciation Depletion$7,930$18,731$47,579$74,240
Fees for Services Accounting-$69,812-$69,812
Pension Plan Contributions-$11,060$42,251$53,311
Other Expenses$34,459$3,397$3,276$41,132
Information Technology-$216$13,104$13,320
All Other Expenses-$438$3,743$4,181
Conferences and Meetings$792$792$792$2,376
Advertising--$1,726$1,726
Total Functional Expenses$11,943,342$937,286$2,617,009$15,497,637

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$16,342,590
Total Expenses per Form 990$15,497,637
Expenses per Audited Statements$15,382,191
Expenses Not Reported on Form 990$960,399
Expenses Not Reported on Financial Statements$115,446
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Lsu Health Sciences Center - New OrleansNew Orleans, LA-Lsuhsc-no Is a Supported Organization of Lsu Health Foundation, New Orleans.$6,085,100

International Summary

Offices
0
Employees
0
Spending
$50,059,121

International Compliance

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

International Activities

RegionActivityServicesOfficesEmployeesSpending
Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas,Investments-00$38,596,117
East Asia and the Pacific - Australia, Brunei, Burma, Cambodia,Investments-00$7,294,513
Sub-saharan Africa - Angola, Benin, Botswana, Burkina Faso,Investments-00$3,169,960
Europe (including Iceland & Greenland)Investments-00$846,372
North AmericaInvestments-00$152,159
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$117,765
Fundraising Gross Income$59,438
Gaming Gross Income$2,375
Gaming Direct Expenses$880
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Camp Tiger Benefit$151,227$41,461$460$41,001
Tiger Classic Golf$44,080$4,800$12,338$-7,538
Total Events$250,471$59,438$117,765$-58,327
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Split-interest Agreement$216,230
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 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
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 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.”

Filing and Contact Details

Filer

Filer Name
Lsu Health Foundation New Orleans
EIN
72-1115391
Phone
5045683712
Address
2000 TULANE AVENUE 4TH FLOOR, NEW ORLEANS, LA 70112

Signing Officer

Name
Lee Trumble
Title
Vice-president & CFO
Phone
5045683712
Signed
2023-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Warren Gottsegen
Formed
1988
Legal Domicile
La
Voting Board Members
27
Independent Board Members
27
Employees
52
Volunteers
30

Preparer

Firm
Postlethwaite & Netterville
Address
ONE GALLERIA BLVD STE 2100, METAIRIE, LA 70001
Preparer
Sharon Cassiere
Phone
5048375990
Supplemental Narrative

Additional Explanations

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 XII, LINE 2C:

“The oversight process for the financial statements has not changed since the prior year.”

Financial Statement Notes

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.”

Raw XML AppendixShowing 400 of 1,129 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/BOYAmt0571295
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01308503
IRS990/AccountsReceivableGrp/BOYAmt0167786
IRS990/AccountsReceivableGrp/EOYAmt0746865
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO INSPIRE DONORS TO INVEST IN THE LSU HEALTH SCIENCES CENTER - NEW ORLEANS AND ITS FUTURE.
IRS990/AdvertisingGrp/FundraisingAmt01726
IRS990/AdvertisingGrp/TotalAmt01726
IRS990/AllOtherContributionsAmt013046439
IRS990/AllOtherExpensesGrp/FundraisingAmt03743
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0438
IRS990/AllOtherExpensesGrp/TotalAmt04181
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/PersonNm0LEE TRUMBLE
IRS990/BooksInCareOfDetail/PhoneNum05045683712
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02000 TULANE AVENUE 4TH FLOOR
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEW ORLEANS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0LA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd070112
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IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt01506953
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IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt03
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt0161734
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0428806
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0161734
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0752274
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/FundraisingAmt0792
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0792
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0792
IRS990/ConferencesMeetingsGrp/TotalAmt02376
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0338157
IRS990/ContractorCompensationGrp/CompensationAmt1194326
IRS990/ContractorCompensationGrp/CompensationAmt2108585
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0810 SEVENTH AVENUE 32ND FLOOR
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt165 FAIRCHILD STREET
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt23900 N CAUSEWAY BLVD SUITE 420
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0NEW YORK
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1CHARLESTON
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IRS990/Desc0ENHANCING 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.
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IRS990/Form990PartVIISectionAGrp/TitleTxt33EXEC. DIRECTOR OF BUSINESS VENTURES
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IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt0191033
IRS990/FundraisingDirectExpensesAmt0117765
IRS990/FundraisingGrossIncomeAmt059438
IRS990/GainOrLossGrp/SecuritiesAmt03470132
IRS990/GamingActivitiesInd00
IRS990/GamingDirectExpensesAmt0880
IRS990/GamingGrossIncomeAmt02375
IRS990/GoverningBodyVotingMembersCnt027
IRS990/GovernmentGrantsAmt0395435
IRS990/GrantAmt06722601
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0637501
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0637501
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt06085100
IRS990/GrantsToDomesticOrgsGrp/TotalAmt06085100
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt039377128
IRS990/GrossReceiptsAmt058573526
IRS990/GrossRentsGrp/RealAmt0904331

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