Our Lady Of The Lake Foundation

Organization Overview

Our Lady Of The Lake Foundation is located in Baton Rouge, LA. The organization was established in 2018. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. As of 06/2021, Our Lady Of The Lake Foundation employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Our Lady Of The Lake 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 06/2021, Our Lady Of The Lake Foundation generated $9.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $6.8m during the year ending 06/2021. While expenses have increased by 1.0% per year over the past 6 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 2015, Our Lady Of The Lake Foundation has awarded 17 individual grants totaling $107,744,120. 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

AS A SUPPORTING ORGANIZATION OF OUR LADY OF THE LAKE RMC, THE FOUNDATION (SEE SCHEDULE O)

Describe the Organization's Program Activity:

Part 3 - Line 4a

GRANTS ARE MADE TO OR ON BEHALF OF OUR LADY AT THE LAKE HOSPITAL, INC. TO PROMOTE THE WELFARE OF THE HOSPITAL AND INCREASE ITS USEFULNESS TO THE COMMUNITIES IT SERVES.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Delauro Associates
Consulting
$171,446
The Picard Group
Consulting
$143,284
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$425,565
Related organizations$15,000
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$8,044,011
Noncash contributions included in lines 1a–1f $70,801
Total Revenue from Contributions, Gifts, Grants & Similar$8,484,576
Total Program Service Revenue$2,250
Investment income $22,537
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $31,656
Net Income from Gaming Activities $848,983
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $9,390,002

Grants Awarded

Over the last fiscal year, Our Lady Of The Lake Foundation has awarded $3,743,128 in support to 2 organizations.

Grant RecipientAmount

OUR LADY OF THE LAKE HOSPITAL

Org PageRecipient Profile

Baton Rouge, LA

PURPOSE: GENERAL SUPPORT

$2,686,734

FRANCISCAN MISSIONARIES OF OUR LADY UNIVERSITY

Org PageRecipient Profile

Baton Rouge, LA

PURPOSE: GENERAL SUPPORT

$1,056,394
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 13 grants that Our Lady Of The Lake Foundation has recieved totaling $559,431.

Awarding OrganizationAmount
Baton Rouge Area Foundation

Baton Rouge, LA

PURPOSE: GENERAL SUPPORT

$212,525
$75,000
$62,500
Fore Kids Foundation Inc

Avondale, LA

PURPOSE: GENERAL ASSISTANCE

$55,000
Showers Of Blessings Foundation

Baton Rouge, LA

PURPOSE: FAITH BASED CHILDRENS HOSPITAL AND CHILDREN MIRACLE NETWORK

$40,000
Driven Brands Charitable Foundation

Charlotte, NC

PURPOSE: CHARITABLE ASSISTANCE

$34,867
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$9,867,339
Earnings$2,584,972
Net Contributions$442,919
Other Expense$66,707
Grants$1,030,865
Ending Balance$11,797,658

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