Lafayette General Foundation INC

Tax-deductible

Lafayette, LA501(c)(3)Health CareEIN 37-1766778Revenue $861K in FY2024

On file with the IRSochsnerlg.org1214 Coolidge Blvd, 70503-2621 · Lafayette, LATax-exempt since Mar 2016Supporting org, Type I — 509(a)(3)

This page gets seen. Tell your story. Claim this org.

The Lafayette General Foundation was created to support Lafayette General health (lgh), acadiana's only community-owned, nonprofit health system. We exist to help fulfill lgh's mission, to restore, maintain and improve health. Our role is to find and connect the pieces, people and processes with our resources, our supporters and our heads and hearts. With the generosity of our supporters and donors, and by eagerly listening to our staff, patients and our community, we help provide innovations that transform how care is delivered. We fundraise, boost projects and aim to improve outcomes, satisfaction and create a healthier future for all.

501(c)(3) charity; gifts are tax-deductible.
68¢ of each $1 spent went to programs.
Run by 8 volunteers and 5 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $698K a year · 42% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
68%
of spending
Fine: 68% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Named funders
2
named funders · $35K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$6.8M
32% of total assets
Looks good: liabilities are 32% of assets; 50% or less.
Pt X · Ln 26
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$861K
-48% vs prior year
Spent
$833K
To programs
68%
Net assets
$14.5M
By yearFY2020–FY2024
Revenue
$861K
FY2024▼ -48%
Tap a bar for its year
Revenue by fiscal year
FY2020$199K
FY2021$4.6M
FY2022$994K
FY2023$1.6M
FY2024$861K
Expenses
$833K
FY2024▼ -45%
Tap a bar for its year
Expenses by fiscal year
FY2020$355K
FY2021$1.1M
FY2022$1.0M
FY2023$1.5M
FY2024$833K
Net assets
$14.5M
FY2024▲ +28%
Tap a bar for its year
Net assets by fiscal year
FY2020$6.1M
FY2021$11.3M
FY2022$10.9M
FY2023$11.4M
FY2024$14.5M

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 2016.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

68 cents of each dollar spent went to programs.

Program services 68% · $567K Management & general 4% · $32K Fundraising 28% · $234K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

16 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Chairman/President (end 06/2023)
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
Trustee (end 01/2023)
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee/Treasurer
$0Pt VII · Sec A
Trustee/Chairman ( Beg 06/2023)
$0Pt VII · Sec A
$0Pt VII · Sec A
Executive Director (non Voting)
$0Pt VII · Sec A
See Lafayette General Foundation INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

Programs and updates

Fundraises and supports healthcare innovations to improve community health outcomes.

Questions for Lafayette General Foundation INC

Tap to ask. Lafayette General Foundation INC sees how many people are interested.

Your first name shows with your question. Lafayette General Foundation INC answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $959K · in their own filed words · FY2023
01

The lafayette general foundation was created to support lafayette system. We exist to help fulfill LGH'S mission, to restore, maintain and improve health. Our role is to find and connect the pieces, people and processes with our resources, our supporters and our heads and hearts.

$959Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 2 funders$35K
Grants paid · 20 grants · $1.3M · 2020–2023
United Way of Acadiana INCLA · FY2023$39,648
Unitemized GrantFY2023$34,000
Unitemized GrantFY2023$317
Unitemized GrantFY2022$25,000
Unitemized GrantFY2022$20,120
Miles Perret Center Cancer ServicesFY2022$10,000
Jpj Turkey Trot MemorialLA · FY2022$6,335
Unitemized GrantFY2022$5,937
Acadia General Hospital INCLA · FY2021$271,831
Unitemized GrantFY2021$38,159
St Martin Hospital INCLA · FY2021$10,000
Miles Perret Center Cancer ServicesFY2021$10,000
Unitemized GrantFY2021$8,000
See all 20 grants →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$861K
Ln 12
Gifts and grantsLn 1h$764K
Other incomeLn 4–11$97K
Money outPt IX
$833K
Ln 25
Programscol B$567K
Managementcol C$32K
Fundraisingcol D$234K
Owns and owesPt X
$14.5M
net assets · Ln 32
Total assetsLn 16$21.3M
LiabilitiesLn 26$6.8M
PeoplePt VI, VII
16
listed · VII A
PaidVII A0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$764K
Other incomeLn 4–11$97K
Total revenueLn 12$861K
Assets in detailPt X, end of year
Total assetsLn 16$21.3M
LiabilitiesLn 26$6.8M
Net assetsLn 32$14.5M
OperationsPt I, VI
EmployeesI 55
VolunteersI 68
Fiscal year endsHeaderDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $861K$833K$28K$14.5M 990 PDF
FY2023 $1.6M$1.5M$131K$11.4M 990 PDF
FY2022 $994K$1.0M−$48K$10.9M 990 PDF
FY2021 $4.6M$1.1M$3.5M$11.3M 990 PDF
FY2020 $199K$355K−$157K$6.1M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.