Living Well Foundation
- Assets
- $48.2m
- Revenue
- $448.0k
- Investments
- $0.0
- Employees
- 3
- Location
- West Monroe, LA
- Founding
- 06/2007
- Data as of
- 12/2021
- EIN
- 20-5705242
Organization Overview
Living Well Foundation is located in West Monroe, LA. The organization was established in 2007. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. As of 12/2021, Living Well Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Living Well 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, Living Well Foundation generated $448.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.4%) each year. All expenses for the organization totaled $615.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Living Well Foundation has awarded 164 individual grants totaling $3,686,920. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION ADMINISTERED ACTIVITIES RELATED TO RENDERING CARE TO THE SICK AND INJURED OR IN THE PROMOTION OF HEALTH, COOPERATED WITH OTHER PUBLIC AND PRIVATE INSTITUTIONS AND AGENCIES ENGAGED IN PROVIDING HOSPITAL AND OTHER HEALTH CARE SERVICES TO RESIDENTS OF THE DISTRICT, AND PARTICIPATED IN ACTIVITIES DESIGNED AND CONDUCTED TO PROMOTE THE GENERAL HEALTH OF THE COMMUNITY. THE FOUNDATION'S AREA OF SERVICE INCLUDED THE FOLLOWING EIGHT NORTHEASTERN LOUISIANA PARISHES: CALDWELL, FRANKLIN, JACKSON, LINCOLN, MOREHOUSE, OUACHITA, RICHLAND AND UNION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DUE TO THE ONGOING IMPACT FROM THE PANDEMIC, THE FOUNDATION HELD A SPECIAL GRANT CYCLE 2021 TO PROVIDE FUNDS TO QUALIFIED ORGANIZATIONS IN NORTHEAST LA, EARLIER THAN A TYPICAL GRANT CYCLE. AWARDS TOTALED 274,000 FOR FOCUSED RECOVERY NEEDS, INCLUDING MEDICAL, DENTAL, AND BEHAVIORAL HEALTH PROJECTS. IN ADDITION, THE FOUNDATION AWARDED 12,500 FOR AUTISM SERVICES IN A SPECIAL PROJECT FUNDING TO CONTINUE MUCH-NEEDED SERVICES THROUGH A FEDERALLY-FUNDED MEDICAL CLINIC, IN COLLABORATION WITH THE ULM SPEECH LANGUAGE PATHOLOGY, FOR THOSE MOST AT-RISK AND WITHOUT ACCESS OR RESOURCES, ESPECIALLY CHILDREN.
WITHIN THE SCOPE OF ITS MISSION AND VISION, THE BOARD OF DIRECTORS SOMETIMES APPROVES FUNDING FOR SPECIFIC INITIATIVES, OUTSIDE THE NORMAL GRANT-MAKING CYCLE, TO SERVICE IDENTIFIED AREAS OF NEED WHICH HAVE ONGOING GAPS. DURING 2021, THE DENTAL HYGIENE INITIATIVE WAS AGAIN FUNDED TO PROVIDE DENTAL HYGIENE SERVICES BOTH IN A SCHOOL-BASED CLINIC AND A MOBILE UNIT TO TYPICALLY ASSIST THOSE WHO ARE NEEDY, WHO HAVE LESS ACCESS, WHO ARE UNDER- OR UN-INSURED, AND WHO CAN BENEFIT THROUGH THESE MODELS OF DELIVERY OF CARE, ESPECIALLY CHILDREN.
DURING 2021, THE FOUNDATION RECEIVED A STATE GRANT TO ADMINISTER DENTAL SEALANTS TO CHILDREN AGES 6-17 ON SCHOOL CAMPUSES. THE FOUNDATION UTILIZED THIRD-PARTY VENDORS THROUGH A SPECIAL FUNDING AGREEMENT TO ACCOMPLISH THE GOALS OF THE PROJECT THROUGHOUT MULTIPLE PARISHES IN NORTHEAST LA IN SCHOOL-BASED AND MOBILE DENTAL CLINICS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alice M Prophit President & | Officer | 40 | $98,232 |
Monica Turner Exec Asst/se | Officer | $4,838 | |
Jim Allbritton Vice Chair | OfficerTrustee | $0 | |
Lori Allen Vice Chair | OfficerTrustee | $0 | |
Alberta Green Vice Chair | OfficerTrustee | $0 | |
Dave N Norris Jr Chair | OfficerTrustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $25,645 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,645 |
| Total Program Service Revenue | $35,460 |
| Investment income | $367,485 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $12 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $448,002 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $336,991 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $118,713 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,951 |
| Payroll taxes | $8,840 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,660 |
| Fees for services: Accounting | $31,589 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $47,778 |
| Fees for services: Other | $4,708 |
| Advertising and promotion | $1,890 |
| Office expenses | $14,686 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $11,207 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $771 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,126 |
| Insurance | $13,849 |
| All other expenses | $5,319 |
| Total functional expenses | $615,078 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $7,866,267 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $191,605 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $9,157 |
| Net Land, buildings, and equipment | $23,807 |
| Investments—publicly traded securities | $40,084,749 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,036 |
| Total assets | $48,176,621 |
| Accounts payable and accrued expenses | $16,234 |
| Grants payable | $128,379 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $144,613 |
| Net assets without donor restrictions | $1,832,356 |
| Net assets with donor restrictions | $46,199,652 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $48,176,621 |
Grants Awarded
Over the last fiscal year, Living Well Foundation has awarded $322,268 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
Bastrop, LA PURPOSE: REMOTE CARE & AUTISM | $62,500 |
FRANKLIN PARISH HSD 1DBA FRANKLIN MEDICAL CENTER PURPOSE: BEHAVIORAL HEALTH CL | $50,000 |
Washington, DC PURPOSE: EMERGENCY RESPONSE V | $50,000 |
Monroe, LA PURPOSE: MEET COVID NEEDS | $30,500 |
Farmerville, LA PURPOSE: RELIEVED THRU RECOVE | $25,000 |
THE UNIVERSITY OF LOUISIANA AT MONR PURPOSE: PHARMACY ENHANCED AC | $20,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Living Well Foundation has recieved totaling $120.
| Awarding Organization | Amount |
|---|---|
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: PROGRAM/OPERATING SUPPORT | $120 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Texas Essential Healthcare Partnerships Foundation Austin, TX | $3,184,613 | $86,533,051 |
Baptist Health Services Little Rock, AR | $51,469,112 | $76,869,884 |
Sealy & Smith Foundation Galveston, TX | $1,823,742,664 | $193,760,950 |
Mountaire Employees Medical Benefit Trust Little Rock, AR | $4,300,671 | $51,578,567 |
Transport Workers Mta Health And Welfare Tr Houston, TX | $10,025,707 | $53,517,376 |
Harris County Hospital District Foundation Bellaire, TX | $42,615,141 | $23,031,096 |
W I Cook Foundation Inc Fort Worth, TX | $3,246,012,284 | $259,660,047 |
Childrens Medical Center Foundation Dallas, TX | $1,970,405,088 | $64,214,565 |
Gshs Administrative Services Organization Inc Longview, TX | $3,821,992 | $32,386,518 |
Memorial Hermann Foundation Houston, TX | $128,175,720 | $33,729,240 |
St Joseph Services Corporation Bryan, TX | $46,581,742 | $27,740,881 |
Georges Inc Medical Tr Springdale, AR | $1,768,217 | $27,212,707 |