Overview

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Est.

1988

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

PENNINGTON BIOMEDICAL RESEARCH FOUNDATION is a health-focused nonprofit supporting LSU’s Pennington Biomedical Research Center, with a mission to discover the triggers of chronic diseases through innovative research that improves human health. In filing year 2025, it reported a $4.2M operating budget and $4.5M in total revenue, with major funding from THE ADMINISTRATORS OF THE TULANE EDUCATIONAL FUND, BATON ROUGE AREA FOUNDATION, and NUTRITION SCIENCE INITIATIVE C/O HELENA STAGE CPA.

Mission Statement

THE MISSION OF THE PENNINGTON BIOMEDICAL RESEARCH FOUNDATION IS TO SUPPORT THE WORK OF LSU'S PENNINGTON BIOMEDICAL RESEARCH CENTER, WHICH AIMS TO DISCOVER THE TRIGGERS OF CHRONIC DISEASES THROUGH INNOVATIVE REASEARCH THAT IMPROVES HUMAN HEALTH.
Revenues
$5.8M
Expenses
$3.9M
Net Income:
+$1.9M
Assets
$29.5M
Liabilities
$7.7M
Net Assets:
+$21.8M
Operating Budget
$3.9M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
46
Median grant size
$11.2K
Largest grant received
$1M
F
Fran Harvey
Board Member
C
C Kris Kirkpatrick
Board Member
C
Claude B Pennington
Board Member
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  • 39 funders
  • 78 board & team members
  • 11 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is PENNINGTON BIOMEDICAL RESEARCH FOUNDATION’s budget?
In 2024, PENNINGTON BIOMEDICAL RESEARCH FOUNDATION reported an annual operating budget of around $3.9 million. More detailed financial information is available to registered users.
What causes does PENNINGTON BIOMEDICAL RESEARCH FOUNDATION support?
PENNINGTON BIOMEDICAL RESEARCH FOUNDATION supports work in Health, Crisis intervention, and Biomedicine & Bioengineering Research.
Where does PENNINGTON BIOMEDICAL RESEARCH FOUNDATION operate?
PENNINGTON BIOMEDICAL RESEARCH FOUNDATION is headquartered in Baton Rouge, LA.
Who funded PENNINGTON BIOMEDICAL RESEARCH FOUNDATION recently?
In 2024, PENNINGTON BIOMEDICAL RESEARCH FOUNDATION received grants from The Chicago Community Trust, AMERICAN INSTITUTE FOR CANCER RESEARCH, and BATON ROUGE AREA FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant PENNINGTON BIOMEDICAL RESEARCH FOUNDATION received in 2024?
The largest grant to PENNINGTON BIOMEDICAL RESEARCH FOUNDATION in 2024 exceeds $1 million.
What is PENNINGTON BIOMEDICAL RESEARCH FOUNDATION’s reliance on government grants?
PENNINGTON BIOMEDICAL RESEARCH FOUNDATION relied on government grants for more than 5% of their total revenue in 2024.