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Lsu Health Foundation New Orleans

Lsu Health Foundation New Orleans

New Orleans, LA 70112
Tax ID72-1115391

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About this organization

Revenue

$20,505,895

Expenses

$13,253,981

Mission

TO INSPIRE DONORS TO INVEST IN THE LSU HEALTH SCIENCES CENTER - NEW ORLEANS AND ITS FUTURE.

About

ENHANCING THE MISSION OF THE LOUISIANA STATE UNIVERSITY HEALTH SCIENCES CENTER IN NEW ORLEANS (LSU HSC-NO), WHICH WAS FOUNDED IN 1931, TO PROVIDE EDUCATION, RESEARCH, AND PUBLIC SERVICE THROUGH DIRECT PATIENT CARE AND COMMUNITY OUTREACH. LSU HSC-NO COMPRISES THE SCHOOLS OF ALLIED HEALTH PROFESSIONS, DENTISTRY, GRADUATE STUDIES, MEDICINE, NURSING, AND PUBLIC HEALTH, INCLUDING EIGHT CENTERS OF EXCELLENCE. 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. LSU HSC-NO PROVIDES VITAL PUBLIC SERVICE THROUGH DIRECT PATIENT CARE, INCLUDING CARE OF INDIGENT AND UNINSURED PATIENTS. HEALTH CARE SERVICES ARE PROVIDED THROUGH LSU HSC-NO CLINICS IN ALLIED HEALTH, DENTISTRY, MEDICINE, NURSING, AND IN NUMEROUS AFFILIATED HOSPITALS AND CLINICS THROUGHOUT LOUISIANA. LSU HSC-NO PROVIDES REFERRAL SERVICES, CONTINUING EDUCATION, AND INFORMATION RELEVANT TO THE PUBLIC HEALTH OF THE CITIZENS OF LOUISIANA. IN ADDITION, LSU HSC-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. LSU HSC-NO SERVES THE NEW ORLEANS COMMUNITY OF 391,006 CITIZENS LOCALLY AND 1,275,762 IN THE GREATER NEW ORLEANS REGION ALONG WITH SUPPORTING THE HEALTHCARE PROFESSION THROUGHOUT THE STATE OF LOUISIANA. LSU HSC-NO PROVIDES PATIENT CARE IN METROPOLITAN NEW ORLEANS, AS WELL AS BATON ROUGE AND LAFAYETTE FOR MORE THAN 1,000,000 PATIENT VISITS AND APPROXIMATELY 100,000 DENTAL CLINIC VISITS ANNUALLY. CURRENTLY, ON AVERAGE 3,000 STUDENTS, 2,400 FACULTY AND STAFF, AND 914 RESIDENTS ARE SERVED BY THE FOUNDATION'S EFFORTS ACROSS ALL SCHOOLS IN SUPPORT OF THE LSU HSC-NO CAMPUS. IN A 2017 ECONOMIC IMPACT STUDY, 8,311 DIRECT JOBS AND AN ADDITIONAL 4,377 JOBS ALONG WITH $1.2 BILLION IN ECONOMIC OUTPUT ARE EFFECTS OF THE LSU HSC-NO CAMPUS. IN SERVING THE LSU HSC-NO CAMPUS, THE FOUNDATION HAS ASSISTED IN PROVIDING VITAL CHAIRS, PROFESSORSHIPS, AWARDS AND SCHOLARSHIPS TO BOTH FACULTY, RESIDENTS, AND STUDENTS. THE FOUNDATION HOUSES APPROXIMATELY 1,400 RESTRICTED FUNDS MANAGED FOR THESE EFFORTS, INCLUDING THE SUPPORT OF 207 DIRECT SCHOLARSHIPS AND MORE THAN $126 MILLION IN RESEARCH FUNDING OVER THE PAST THREE YEARS AT LSU HSC-NO. IN ADDITION, THE FOUNDATION SERVES AS A MECHANISM FOR DONATIONS WITHOUT VALUE, INCLUDING ANATOMICAL GIFTS AND OTHER TYPES OF PROPERTY THAT ASSIST LSU HSC-NO IN PROVIDING EDUCATION TO ITS STUDENTS.

Interesting data from their 2020 990 filing

The purpose of the non-profit is listed in the filing as “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.”.

When discussing its operations, they were characterized as: “To inspire donors to invest in the lsu health sciences center - new orleans and its future.”.

  • The non-profit's legally reported state of operation is LA.
  • The filing states that the non-profit's address in the year 2020 is 2000 TULANE AVENUE 4TH FLOOR, NEW ORLEANS, LA, 70112.
  • The form submitted by the non-profit for 2020 shows a total of 58 employees.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $7,251,914.
  • The organization has 24 independent voting members.
  • The organization was formed in 1988.
  • The organization pays $2,190,909 in salary, compensation, and benefits to its employees.
  • The organization pays $1,577,364 in fundraising expenses.

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