Womans Hospital Foundation
- Assets
- $921.1m
- Revenue
- $730.8m
- Investments
- $4.0m
- Employees
- 2,818
- Location
- Baton Rouge, LA
- Founding
- 01/1959
- Data as of
- 09/2022
- EIN
- 72-0652905
Organization Overview
Womans Hospital Foundation is located in Baton Rouge, LA. The organization was established in 1959. According to its NTEE Classification (E24) the organization is classified as: Specialty Hospitals, under the broad grouping of Health Care and related organizations. As of 09/2023, Womans Hospital Foundation employed 2,818 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Womans Hospital 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 09/2022, Womans Hospital Foundation generated $730.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $692.3m during the year ending 09/2022. While expenses have increased by 5.6% 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 2015, Womans Hospital Foundation has awarded 62 individual grants totaling $4,696,739. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE HEALTH OF WOMEN AND INFANTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CANCER SERVICES - WOMAN'S HOSPITAL, MARY BIRD PERKINS AND OUR LADY OF THE LAKE HAVE COMBINED THEIR EXPERTISE TO CREATE A DESTINATION FOR BREAST AND GYNECOLOGIC CANCER CARE FROM DIAGNOSIS THROUGH SURVIVORSHIP: THE BREAST & GYN CANCER PAVILION. THE PAVILION ENABLES WOMEN TO RECEIVE THE HIGHEST LEVEL OF BREAST AND GYNECOLOGIC CANCER CARE AND IS THE ONLY ONE OF ITS KIND IN THE COUNTRY. THIS IS MADE POSSIBLE THROUGH THE COMBINED EXPERTISE AND RESOURCES OF THIS PARTNERSHIP, PROVIDING PATIENTS WITH COLLABORATIVE TEAMS OF MEDICAL, RADIATION ONCOLOGISTS, GYN AND BREAST SURGICAL ONCOLOGISTS, BREAST SURGEONS, RADIOLOGISTS, PATHOLOGISTS, GENETICISTS, RESEARCH STAFF, NURSE NAVIGATORS, DIETITIANS, PALLIATIVE CARE NURSE NAVIGATORS, PASTORAL CARE AND SOCIAL WORKERS. 28,925 UNIQUE PATIENTS WERE TREATED IN THE CANCER PAVILLION IN FY23.
CANCER INFUSION SERVICES
OUTPATIENT SERVICES - WOMAN'S HOSPITAL PROVIDES AN ARRAY OF OUTPATIENT SERVICES WHERE HOSPITALIZATION IS NOT REQUIRED. LAB, IMAGING, SURGERY, ASSESSMENT CENTER, MATERNAL FETAL MEDICINE, AND PHYSICAL AND OCCUPATIONAL THERAPY ARE EXAMPLES OF SERVICES PROVIDED ON AN OUTPATIENT BASIS AT EITHER THE HOSPITAL OR THE WOMAN'S CENTER FOR WELLNESS. FY23 INCLUDED 8,453 OUTPATIENT SURGERIES, 19,715 ASSESSMENT CENTER VISITS AND 84,073 IMAGING PROCEDURES.
INPATIENT SERVICES - WOMAN'S HOSPITAL PROVIDES SERVICES TO PATIENTS WHO MUST BE ADMITTED TO THE HOSPITAL FOR CARE, WHETHER FOR AN OVERNIGHT STAY OR EXTENDED CARE. SERVICES INCLUDE, BUT ARE NOT LIMITED TO, LABOR AND DELIVERY, SURGERY, NICU, AICU, AND HIGH RISK PREGNACIES. FY23 INCLUDED 1,257 INPATIENT SURGERIES, 7,835 DELIVERIES AND 68,453 PATIENT DAYS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cheree Schwartzenburg MD Chair-Elect | OfficerTrustee | 4 | $0 |
Chris Ciesielski Secretary/treasurer | OfficerTrustee | 4 | $0 |
Emily Magee MD Chief Of Staff | Trustee | 65 | $0 |
Greg Gelpi MD Board Member | Trustee | 4 | $0 |
Janet Olson Board Member | Trustee | 4 | $0 |
John Everett Board Member | Trustee | 4 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Louisiana Anesthesiology Group Medical Services | 9/29/23 | $2,171,487 |
St George Health Medical Services | 9/29/23 | $1,771,200 |
Pathology Group Of Louisiana Medical Services | 9/29/23 | $1,616,263 |
Professional Emergency Physician Associa Medical Services | 9/29/23 | $1,331,427 |
Language Line Services Interpretation Serivces | 9/29/23 | $1,140,148 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $1,895,209 |
| Government grants | $280,316 |
| All other contributions, gifts, grants, and similar amounts not included above | $561,140 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,736,665 |
| Total Program Service Revenue | $705,809,153 |
| Investment income | $8,983,114 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $627,763 |
| Net Gain/Loss on Asset Sales | $7,022,546 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $279,542 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $730,785,025 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,969,595 |
| 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. | $6,596,085 |
| Compensation of current officers, directors, key employees. | $1,501,555 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $145,766,969 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $30,922,603 |
| Payroll taxes | $10,547,323 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $417,836 |
| Fees for services: Accounting | $88,210 |
| Fees for services: Lobbying | $90,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,192,163 |
| Office expenses | $10,666,229 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,499,043 |
| Travel | $360,033 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $11,232,246 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $25,302,994 |
| Insurance | $0 |
| All other expenses | $32,521,529 |
| Total functional expenses | $692,291,232 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $173,517,149 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $61,525,026 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $5,305,811 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $353,491,989 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $3,999,855 |
| Investments—program-related | $0 |
| Intangible assets | $1,911,000 |
| Other assets | $321,364,694 |
| Total assets | $921,115,524 |
| Accounts payable and accrued expenses | $45,144,044 |
| Grants payable | $0 |
| Deferred revenue | $199,800 |
| 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 | $281,004,587 |
| Other liabilities | $88,848 |
| Total liabilities | $326,437,279 |
| Net assets without donor restrictions | $589,098,432 |
| Net assets with donor restrictions | $5,579,813 |
| 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 | $921,115,524 |
Grants Awarded
Over the last fiscal year, Womans Hospital Foundation has awarded $1,496,072 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
FOUNDATION FOR WOMAN'S PURPOSE: FINANCIAL SUPPORT TO COVER OPERATING EXPENSES | $1,042,072 |
BIG BUDDY PROGRAM PURPOSE: DANCING FOR BIG BUDDY EVENT | $10,000 |
100 BLACK MEN OF METRO PURPOSE: FREEDOM RUN 5K SPONSORSHIP | $7,500 |
BATON ROUGE AREA CHAMBER PURPOSE: BRING IT! BATON ROUGE CAMPAIGN PLEDGE | $50,000 |
AMERICAN SOCIETY OF BREAST SURGEONS PURPOSE: 24TH ANNUAL MEETING | $6,500 |
AMERICAN HEART ASSOCIATION PURPOSE: ANNUAL PLEDGE | $42,500 |