Louisiana Hospital Association Research And Education Foundation

Organization Overview

Louisiana Hospital Association Research And Education Foundation is located in Baton Rouge, LA. The organization was established in 1968. As of 12/2021, Louisiana Hospital Association Research And Education Foundation employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Louisiana Hospital Association Research And Education Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Louisiana Hospital Association Research And Education Foundation generated $3.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.6% each year . All expenses for the organization totaled $3.9m during the year ending 12/2021. While expenses have increased by 19.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Louisiana Hospital Association Research And Education Foundation has awarded 111 individual grants totaling $3,123,743. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE PRIMARY PURPOSE OF THE LOUISIANA HOSPITAL ASSOCIATION-RESEARCH (CONTINUED ON SCHEDULE O)AND EDUCATION FOUNDATION IS TO ADMINISTER HHS GRANTS AND OTHER GRANTS AND CONTRACTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

HHS GRANT - EXPENDITURES RELATED TO A GRANT FOR EMERGENCY PREPAREDNESS. THE FOUNDATION FACILITATES EMERGENCY PREPAREDNESS BETWEEN OTHER GOVERNMENT AGENCIES AND HOSPITALS IN THE STATE.


HQIC - EXPENDITURES RELATED TO A CONTRACT FOR PROVIDING TECHNICAL ASSISTANCE TO RECRUITED HOSPITAL THAT COMMITTED TO THE HOSPITAL QUALITY IMPROVEMENT CONTRACT (HQIC). THE LHAREF ADMINISTERS FUNDS RECEIVED FROM CONVERGENCE HEALTH TO REDUCE HOSPITAL-ACQUIRED CONDITIONS AND READMISSIONS, AS WELL AS IMPROVE OPIOID STEWARDSHIP AND HOSPITAL RESPONSE TO PUBLIC HEALTH EMERGENCIES. FUNDS RECEIVED WERE BASED UPON THE NUMBER OF HOSPITALS RECRUITED AND SUPPORTED.


ASPR: - EXPENDITURES RELATED TO A CONTRACT FOR PROVIDING FUNDING TO HOSPITALS THAT EXECUTED A SUBRECIPIENT AGREEMENT. THE LHAREF ADMINISTERS FUNDS RECEIVED FROM THE ASSISTANT SECRETARY FOR PREPAREDNESS RESPONSE (ASPR) FOR ALLOWABLE EXPENDITURES RELATED TO COVID. IN ADDITION TO THE FLOW-THROUGH FUNDING FOR THE HOSPITALS, THE LHAREF RECEIVES A 10% ADMINISTRATION FEE FOR THE PROGRAM.


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Board, Officers & Key Employees

Name (title)Compensation
Gregory C Feirn
Immediate Past-Chair
$0
Charles D Daigle
Secretary/treasurer
$0
Paul Salles
Secretary
$0
Mary Ellen Pratt
Chair
$0
Coletta C Barrett
Trustee
$0
Kenneth J Cochran
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$25,000
Government grants $3,575,780
All other contributions, gifts, grants, and similar amounts not included above$265,880
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,866,660
Total Program Service Revenue$0
Investment income $10,983
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,893,643

Grants Awarded

Over the last fiscal year, Louisiana Hospital Association Research And Education Foundation has awarded $2,388,667 in support to 44 organizations.

Grant RecipientAmount

LOUISIANA RURAL AMBULANCE ALLIANCE

Org PageRecipient Profile

Napoleonville, LA

PURPOSE: TO SUPPORT THE ORGANIZATION AND ITS MISSION

$495,201

ACADIAN AMBULANCE SERIVCE INC

PURPOSE: TO SUPPORT THE ORGANIZATION AND ITS MISSION

$381,354

OCHSNER MEDICAL CENTER

Org PageRecipient Profile

New Orleans, LA

PURPOSE: TO SUPPORT THE ORGANIZATION AND ITS MISSION

$205,196

WILLIS-KNIGHTON MEDICAL CENTER

Org PageRecipient Profile

Shreveport, LA

PURPOSE: TO SUPPORT THE ORGANIZATION AND ITS MISSION

$105,563

NEW ORLEANS EMERGENCY MEDICAL SERVICES

Org PageRecipient Profile

New Orleans, LA

PURPOSE: TO SUPPORT THE ORGANIZATION AND ITS MISSION

$87,790

JACKSON PARISH AMBULANCE SERVICE DISTRICT

PURPOSE: TO SUPPORT THE ORGANIZATION AND ITS MISSION

$76,254
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Louisiana Hospital Association Research And Education Foundation has recieved totaling $54,600.

Awarding OrganizationAmount
Blue Cross And Blue Shield Of Louisiana Foundation

Baton Rouge, LA

PURPOSE: 2021 LOUISIANA HOSPITAL ASSOCIATION RESEARCH AND EDUCATION FOUNDATION (LHAREF) PHYSICIAN LEADERSHIP ACADEMY (PLA)

$29,600
Louisiana Hospital Association

Baton Rouge, LA

PURPOSE: TO SUPPORT THE LOUISIANA CARE FUND

$25,000
View Grant Recipient Profile

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