Blue Cross And Blue Shield Of Louisiana Foundation
- Assets
- $27.5m
- Revenue
- $1.4m
- Investments
- $26.8m
- Employees
- 0
- Location
- Baton Rouge, LA
- Founding
- 08/1993
- Data as of
- 12/2022
- EIN
- 72-1232379
Organization Overview
Blue Cross And Blue Shield Of Louisiana Foundation is located in Baton Rouge, LA. The organization was established in 1993. According to its NTEE Classification (M20) the organization is classified as: Disaster Preparedness & Relief Services, under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. This organization is the central organization for a national or regional group of organizations. Blue Cross And Blue Shield Of Louisiana 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 12/2022, Blue Cross And Blue Shield Of Louisiana Foundation generated $1.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (38.4%) each year. All expenses for the organization totaled $5.9m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Blue Cross And Blue Shield Of Louisiana Foundation has awarded 533 individual grants totaling $42,900,845. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
C Richard Atkins Vice President | 1 | $0 | |
Peggy Scott Vice President | 1 | $0 | |
Dan Borne Chairman | 1 | $0 | |
Jerome Jerry Greig Vice President | 1 | $0 | |
Kevin Mccotter Secretary & Treasurer | 1 | $0 | |
Carl Luikart MD Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $184,592 |
| Interest on Savings | $4,180 |
| Dividends & Interest | $883,580 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $285,181 |
| Capital Gain Net Income | $285,181 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,357,533 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $158,784 |
| Other employee salaries and wages | $356,102 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $14,955 |
| Printing and publications | $0 |
| Other expenses | -$48,945 |
| Total operating and administrative expenses | $938,555 |
| Contributions, gifts, grants paid | $4,927,908 |
| Total expenses and disbursements | $5,866,463 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $716,483 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $4,500 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $386 |
| Total assets | $27,472,661 |
| Accounts payable and accrued expenses | $534,081 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $500,000 |
| Other liabilities | $26,023 |
| Total liabilities | $1,060,104 |
Grants Awarded
Over the last fiscal year, Blue Cross And Blue Shield Of Louisiana Foundation has awarded $18,666,332 in support to 132 organizations.
| Grant Recipient | Amount |
|---|---|
100 BLACK MEN OF METRO BATON ROUGE PURPOSE: RESPECT 4 LIFE PHASE II | $100,000 |
ACTS OF LOVE INC PURPOSE: 2021 ANGEL AWARD JUDGING HONORARIUM-ABRAM FREEMAN | $1,000 |
AHECS FOR A HEALTHY LOUISIANA INC PURPOSE: AHEC OF A SMILE | $50,000 |
AFFILIATED BLIND OF LOUISIANA TRAINING CENTER INC PURPOSE: 2022 ANGEL AWARD HONOREE-ALECIA BERGERON | $25,000 |
ALL HANDS AND HEARTS SMART RESPONSE INC PURPOSE: HURRICANE IDA RELIEF | $50,000 |
ANGELS' PLACE PURPOSE: 2022 AA JUDGING HONORARIUM-MARK FIRMIN | $1,000 |