Lourdes Foundation Inc

Organization Overview

Lourdes Foundation Inc is located in Lafayette, LA. The organization was established in 1946. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes.

For the year ending 06/2019, Lourdes Foundation Inc generated $3.0m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 15.2% each year . All expenses for the organization totaled $220.0k during the year ending 06/2019. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

WE SEEK AND FACILITATE GIFTS TO PROVIDE CHARITABLE HEALTHCARE PROGRAMS AND SERVICES THAT SUPPORT THE MISSION OF OUR LADY OF LOURDES REGIONAL MEDICAL CENTER, INC.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GRANTS ARE MADE TO OR ON BEHALF OF OUR LADY OF THE LOURDES REGIONAL MEDICAL CENTER TO PROMOTE THE WELFARE OF THE HOSPITAL AND INCREASE ITS USEFULNESS TO THE CITIZENS OF LAFAYETTE PARISH, LOUISIANA AND THE USA.


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Board, Officers & Key Employees

Name (title)Compensation
Jimmy Mallia
Treasurer
$0
Mike Moncla
Chairman
$0
Robert Foard
Vice Chairman
$0
W Bryan Lee
CEO Of Lourdes
$0
Kim Bishop
Secretary
$0
Jeff Limbocker
Cfo/evp
$0

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$2,792,023
Investment income $33,181
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $112,584
Net Income from Fundraising Events -$76,701
Net Income from Gaming Activities $111,791
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,972,878

Grants Awarded

Over the last fiscal year, Lourdes Foundation Inc has awarded $66,000 in support to 2 organizations.

Grant RecipientAmount

OUR LADY OF LOURDES RMC

Org PageRecipient Profile

Lafayette, LA

PURPOSE: general support

$56,000

Lafayette, LA

PURPOSE: GENERAL SUPPORT Funding for St. Bernadette

$10,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Lourdes Foundation Inc has recieved totaling $16,000.

Awarding OrganizationAmount
Raymond James Charitable Endowment Fund

St Petersburg, FL

PURPOSE: GENERAL USE AND/OR SPECIAL FUND/PROJECT

$15,000
Priscilla And Richard J Schmeelk Foundation Inc

Massapequa Park, NY

PURPOSE: GENERAL

$1,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,054,658
Net Contributions$100
Ending Balance$1,054,758

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