Lincoln Health Foundation
- Assets
- $30.5m
- Revenue
- $2.3m
- Investments
- $29.3m
- Employees
- 0
- Location
- Ruston, LA
- Founding
- 12/1996
- Data as of
- 09/2021
- EIN
- 72-1335146
Organization Overview
Lincoln Health Foundation is located in Ruston, LA. The organization was established in 1996. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lincoln Health 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, Lincoln Health Foundation generated $2.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 17.7% each year . All expenses for the organization totaled $2.1m during the year ending 09/2021. While expenses have increased by 3.3% 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, Lincoln Health Foundation has awarded 189 individual grants totaling $16,398,469. 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 |
|---|---|---|---|
Norman L Hanes CEO | 25 | $99,329 | |
Nancy Smith Board Member | 0 | $0 | |
Wilbert Ellis Advisory Boa | 0 | $0 | |
Sonya Cardwell Board Member | 0 | $0 | |
James Davison Advisory Boa | 0 | $0 | |
Jo Tatum Vice Chair | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $172,938 |
| Interest on Savings | $0 |
| Dividends & Interest | $614,555 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $944,010 |
| Capital Gain Net Income | $944,010 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $533,851 |
| Total Revenue | $2,265,354 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $99,329 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $14,400 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $26,950 |
| Total operating and administrative expenses | $345,348 |
| Contributions, gifts, grants paid | $1,802,667 |
| Total expenses and disbursements | $2,148,015 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $513,119 |
| Savings and temporary cash investments | $702,736 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $708,242 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $30,497,545 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Lincoln Health Foundation has awarded $1,802,667 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
Ruston, LA PURPOSE: HEALTH HUT CLINIC YR 10 | $771,169 |
LINCOLN ECONOMIC DEV COUNCIL PURPOSE: IMPROVING HEALTH EQUITY | $250,000 |
LINCOLN PARISH SCHOOL BOARD PURPOSE: HEALS X | $150,058 |
Ruston, LA PURPOSE: LIFE CHOICES OF NORTH CENTRAL LA | $93,000 |
BOYS & GIRLS CLUB PURPOSE: YEAR 10 | $85,262 |
LINCOLN PARISH SCHOOL BOARD PURPOSE: HEALS XII PROGRAM | $75,408 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Lincoln Health Foundation has recieved totaling $657,548.
| Awarding Organization | Amount |
|---|---|
Lincoln Health System Inc Ruston, LA PURPOSE: LIQUIDATION DISTRIBUTION TO SUPPORT ORGANIZATION | $484,610 |
Sturgis Charitable Tr Birmingham, AL PURPOSE: GENERAL OPERATING | $172,938 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bellville Medical Center Bellville, TX | $4,955,264 | $16,407,520 |
Intracare Hospital North Houston, TX | $9,496,618 | $19,052,139 |
Mercy Restorative Care Hospital Inc Plano, TX | $7,623,639 | $17,873,004 |
Lawrence Memorial Health Foundation Walnut Ridge, AR | $19,692,878 | $22,078,590 |
Scott Regional Medical Center Inc Meridian, MS | $54,062,472 | $18,066,730 |
Mcgehee Hospital Incorporated Mcgehee, AR | $18,095,185 | $16,226,732 |
Baptist Health Extended Care Hospital-Little Rock Inc Little Rock, AR | $8,041,342 | $11,545,697 |
Madison St Joseph Health Center Bryan, TX | $18,837,955 | $14,134,038 |
Dewitt Hospital And Nursing Home Inc Dewitt, AR | $7,864,188 | $14,444,459 |
Continuecare Hospital At Baptist Health Llc Plano, TX | $8,283,695 | $11,645,449 |
Memorial Medical Center-San Augustine Lufkin, TX | $2,072,583 | $7,388,559 |
Crawley Memorial Hospital Inc Plano, TX | $7,539,740 | $9,156,589 |