Womans Hospital Foundation
- Assets
- $955.5m
- Revenue
- $745.1m
- Investments
- $4.3m
- Employees
- 2,436
- Location
- Baton Rouge, LA
- Founding
- 01/1959
- Data as of
- 09/2021
- 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 09/2021, Womans Hospital Foundation employed 2,436 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 09/2021, Womans Hospital Foundation generated $745.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $633.1m during the year ending 09/2021. While expenses have increased by 5.0% 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, Womans Hospital Foundation has awarded 43 individual grants totaling $1,261,072. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE HEALTH OF WOMEN AND INFANTS.
Describe the Organization's Program Activity:
THE MISSION OF WOMAN'S HOSPITAL IS TO IMPROVE THE HEALTH OF WOMEN AND INFANTS. WE RESPOND TO THE SPECIFIC NEEDS OF THE COMMUNITY AND SURROUNDING AREA'S NEEDS BY PROVIDING QUALITY MEDICAL AND EDUCATIONAL SERVICES WITHOUT DISTINCTION AS TO THE MEANS OF THE PERSON, HIS/HER RACE, OR DOMICILE. WOMAN'S PROVIDES MANY IMPORTANT HEALTH CARE SERVICES THAT ARE NOT AVAILABLE BY ANY OTHER ENTITY IN OUR SERVICE AREA. (118,525 LIVES TOUCHED IN FY2021)
WOMAN'S HOSPITAL EDUCATES THE COMMUNITY BY SPONSORING PROGRAMS AND EVENTS, AND DISTRIBUTES LITERATURE ON HEALTH TOPICS OF INTEREST TO WOMEN INCLUDING CHILDBIRTH, MENOPAUSE, HEART HEALTH, DRUG ABUSE, AGING, AND SEXUALITY (263 EDUCATION PROGRAMS WITH 1,292 ATTENDEES ). WE ALSO PROVIDE COMMUNITY SERVICE BY ABSORBING VARIOUS COSTS ESSENTIAL TO THE INDIGENT POPULATION, INCLUDING EMERGENCY AND PRENATAL CARE.
WOMAN'S HOSPITAL RESEARCH CENTER CONCENTRATES ITS SCIENTIFIC RESEARCH ON THE UNIQUE HEALTH CONDITIONS OF VITAL IMPORTANCE TO WOMEN'S HEALTH. ONGOING RESEARCH INCLUDES STUDIES ON MENOPAUSE, HORMONES, OSTEOPOROSIS, BREAST CANCER, MATERNAL-FETAL MEDICINE, NEONATAL MEDICINE, AND GENETICS (17 NEW PROTOCOLS REVIEWED AND APPROXIMATELY 29 ACTIVE STUDIES).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara Griffith MD President/ceo | Officer | 65 | $845,715 |
Stephanie Anderson Executive Vp/cao | Officer | 65 | $654,351 |
Anthony C Evans Jr MD Physician | 40 | $653,516 | |
Marshall St Amant MD Physician | 40 | $608,940 | |
Robert Moore MD Chief Medical Officer | Officer | 65 | $594,086 |
Edward W Veillon MD Physician | 40 | $496,331 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Transformyx Llc It Services | 9/29/21 | $1,836,289 |
Health Systems Improvement Llc Management Services | 9/29/21 | $734,500 |
Whelan Security Co Security | 9/29/21 | $1,456,643 |
The Chartis Group Llc Consulting Services | 9/29/21 | $720,000 |
Language Line Services Language Interpretation | 9/29/21 | $687,146 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $1,230,618 |
| Government grants | $775,144 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,005,762 |
| Total Program Service Revenue | $625,896,555 |
| Investment income | $3,437,849 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $83,723 |
| Net Gain/Loss on Asset Sales | $82,502,524 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $318,309 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $745,053,312 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $821,820 |
| 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. | $4,561,947 |
| Compensation of current officers, directors, key employees. | $978,869 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $136,659,993 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $28,889,873 |
| Payroll taxes | $9,431,378 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $414,636 |
| Fees for services: Accounting | $77,209 |
| Fees for services: Lobbying | $59,794 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,272,896 |
| Office expenses | $2,306,990 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,438,871 |
| Travel | $176,626 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $11,146,409 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $19,100,699 |
| Insurance | $0 |
| All other expenses | $28,552,024 |
| Total functional expenses | $633,120,181 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $155,128,087 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $46,450,735 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $6,508,131 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $358,723,529 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $4,309,633 |
| Investments—program-related | $0 |
| Intangible assets | $6,444,222 |
| Other assets | $377,957,728 |
| Total assets | $955,522,065 |
| Accounts payable and accrued expenses | $39,197,291 |
| 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 | $288,387,346 |
| Other liabilities | $20,726 |
| Total liabilities | $327,805,163 |
| Net assets without donor restrictions | $623,074,491 |
| Net assets with donor restrictions | $4,642,411 |
| 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 | $955,522,065 |
Grants Awarded
Over the last fiscal year, Womans Hospital Foundation has awarded $821,820 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Baton Rouge, LA PURPOSE: OFFSET OPERATING EXPENSES | $701,820 |
Baton Rouge, LA PURPOSE: ANNUAL CONTRIBUTION | $75,000 |
Baton Rouge, LA PURPOSE: BRAC 2020 "THINK BIGGER" REGIONAL STRATEGIC PLAN | $20,000 |
Arlington, VA PURPOSE: SIGNATURE CHEF AUCTION SPONSORSHIP | $10,000 |
Dallas, TX PURPOSE: ANNUAL PLEDGE | $10,000 |
Clinton, LA PURPOSE: 2021 IMPACT SCHOLARSHIP | $5,000 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Womans Hospital Foundation has recieved totaling $9,493.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $8,893 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $500 |
Albemarle Foundation Charlotte, NC PURPOSE: PROGRAM ASSISTANCE | $50 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $50 |
Endowment Analysis
| Beg. Balance | $1,250,000 |
| Ending Balance | $1,250,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Womans Hospital Foundation Baton Rouge, LA | $955,522,065 | $745,053,312 |
Arkansas Childrens Hospital Little Rock, AR | $970,496,679 | $646,443,005 |
Childrens Hospital Inc New Orleans, LA | $2,324,907,208 | $506,708,702 |
Cook Childrens Physician Network Fort Worth, TX | $51,062,651 | $358,666,178 |
Driscoll Childrens Hospital Corpus Christi, TX | $2,425,095,587 | $499,359,413 |
Texas Scottish Rite Hospital For Children Dallas, TX | $3,238,922,666 | $306,973,040 |
Mississippi Methodist Hospital Rehabilitation Center Inc Jackson, MS | $101,113,663 | $65,002,798 |
The West Texas Rehabilitation Center Abilene, TX | $23,689,791 | $34,673,635 |
Rush Care Inc Meridian, MS | $36,015,536 | $16,929,322 |
United Methodist Behavioral Health System Inc Little Rock, AR | $21,001,810 | $20,279,034 |
Hendrick Anethesia Network Abilene, TX | $2,045,738 | $6,316,416 |
Santa Rosa Childrens Hospital Foundation San Antonio, TX | $36,800,661 | $10,156,446 |