Eye Ear Nose & Throat Foundation
- Assets
- $52.6m
- Revenue
- $7.3m
- Investments
- $51.1m
- Employees
- 0
- Location
- Metairie, LA
- Founding
- 06/1982
- Data as of
- 12/2021
- EIN
- 72-0928511
Organization Overview
Eye Ear Nose & Throat Foundation is located in Metairie, LA. The organization was established in 1982. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Eye Ear Nose & Throat 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, Eye Ear Nose & Throat Foundation generated $7.3m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $3.2m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Eye Ear Nose & Throat Foundation has awarded 40 individual grants totaling $4,630,092. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William F Finegan Executive Dir. | 30 | $102,700 | |
Michael D Charbonnet Vice-Chairman | 0 | $17,000 | |
Katherine Gibert Trustee | 0 | $0 | |
John D Charbonnet Trustee | 0 | $0 | |
Ashley S Bright Trustee | 0 | $0 | |
R Foster Duncan Treasurer | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
St Denis J Villere & Co | 12/30/21 | $226,550 |
Eagle Capital Management | 12/30/21 | $246,102 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,597 |
| Dividends & Interest | $563,896 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,988,546 |
| Capital Gain Net Income | $4,988,546 |
| Net ST Capital Gain | $216,403 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,753,335 |
| Total Revenue | $7,307,374 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $171,200 |
| Other employee salaries and wages | $70,000 |
| Pension plans, employee benefits | $83,516 |
| Interest | $0 |
| Taxes | $134,952 |
| Depreciation | $0 |
| Occupancy | $20,682 |
| Travel, conferences, and meetings | $1,706 |
| Printing and publications | $735 |
| Other expenses | $31,287 |
| Total operating and administrative expenses | $1,023,412 |
| Contributions, gifts, grants paid | $2,146,846 |
| Total expenses and disbursements | $3,170,258 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,343,462 |
| Savings and temporary cash investments | $171,795 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $7,476 |
| Net Investments - land, buildings, equipment | $43,630 |
| Investments—mortgage loans | $0 |
| Investments—other | $8,042,232 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $52,640,756 |
| Accounts payable and accrued expenses | $121,608 |
| Grants payable | $157,645 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $279,253 |
Grants Awarded
Over the last fiscal year, Eye Ear Nose & Throat Foundation has awarded $2,303,365 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
New Orleans, LA PURPOSE: GENERAL CHARITABLE PURPOSE | $760,790 |
PAYMENT FOR MEDICAL SUPPLIES PURPOSE: GENERAL CHARITABLE PURPOSE | $412,399 |
PAYMENTS TO MEDICAL PROVIDERS PURPOSE: GENERAL CHARITABLE PURPOSE | $344,079 |
New Orleans, LA PURPOSE: GENERAL CHARITABLE PURPOSE | $326,190 |
New Orleans, LA PURPOSE: GENERAL CHARITABLE PURPOSE | $79,070 |
New Orleans, LA PURPOSE: GENERAL CHARITABLE PURPOSE | $71,626 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dallas Methodist Hospitals Foundation Inc Dallas, TX | $153,905,809 | $19,053,620 |
Trustmark Corporation And Subsidiaries Medical Benefits Plan Jackson, MS | $3,860,668 | $18,984,113 |
Heart Of Texas Memorial Hospital Brady, TX | $57,981,362 | $27,695,651 |
Mississippi State University Educational Building Corporation Missisippi State, MS | $345,604,158 | $16,366,122 |
Paso Del Norte Health Foundation El Paso, TX | $268,661,526 | $12,325,026 |
Conway Regional Hospital Employees Medical Trust Conway, AR | $4,792,680 | $16,387,089 |
Lsu Health Foundation New Orleans New Orleans, LA | $163,045,964 | $16,219,820 |
Baker & Botts Llp Employees Health Care Trust Agreement Houston, TX | $7,386,009 | $15,322,087 |
Shannon Business Services Inc San Angelo, TX | $6,491,391 | $14,101,592 |
St Luke Foundation Mccomb, MS | $33,823,952 | $17,739,199 |
Covenant Health System Foundation Lubbock, TX | $55,699,431 | $11,499,437 |
Texas Childrens Hospital Foundation Houston, TX | $3,566,256,606 | $201,987,304 |