LOUISIANA STATE UNIVERSITY SCHOOL OF MED IN NEW ORLEANS FACULTY GROUP PRACTICE

LOUISIANA STATE UNIVERSITY SCHOOL OF MED IN NEW ORLEANS FACULTY GROUP PRACTICE

NEW ORLEANS, LA, US
501(c)(3)
EIN
72-1304948

LOUISIANA STATE UNIVERSITY SCHOOL OF MED IN NEW ORLEANS FACULTY GROUP PRACTICE

NEW ORLEANS, LA, US
501(c)(3)
EIN
72-1304948

Overview

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Est.

1995

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

The Louisiana State University School of Medicine in New Orleans Faculty Group Practice is a private, tax-exempt organization dedicated to supporting the charitable, scientific, and educational missions of the LSU Health Sciences Center in New Orleans, particularly in the areas of medicine, allied health professions, dentistry, nursing, and public health. With an operating budget of $155.5 million and total revenue of $161.3 million for the filing year 2024, the organization relies on multiple unidentified funders, none of which contribute 50% or more of its revenue.

Mission Statement

PRIVATE, TAX-EXEMPT FACULTY GROUP PRACTICE THAT WAS ESTABLISHED TO SUPPORT (CONT'D ON SCH O)THE CHARITABLE, SCIENTIFIC, AND EDUCATIONAL MISSIONS OF THE LSU HEALTH SCIENCES CENTER IN NEW ORELANS, PARTICULARLY AS THEY RELATE TO ITS SCHOOLS OF MEDICINE, ALLIED HEALTH PROFESSIONS, DENTISTRY, NURSING, AND PUBLIC HEALTH, IN THEIR CLINICAL PRACTICE FUNCTIONS.
Revenues

$161.3M

Expenses

$155.5M

Net Income:
+$5.8M
Assets

$120.9M

Liabilities

$33.1M

Net Assets:
+$87.7M
Operating Budget

$155.5M

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

1

Median grant size
$67K
Largest grant received
$67K
A
Atara McAvoy
Board Member
M
Michael Conerly
Board Member
E
Elizabeth Sumrall
Board Member

Frequently Asked Questions

What is LOUISIANA STATE UNIVERSITY SCHOOL OF MED IN NEW ORLEANS FACULTY GROUP PRACTICE’s budget?
In 2024, LOUISIANA STATE UNIVERSITY SCHOOL OF MED IN NEW ORLEANS FACULTY GROUP PRACTICE reported an annual operating budget of around $155.5 million. More detailed financial information is available to registered users.
What causes does LOUISIANA STATE UNIVERSITY SCHOOL OF MED IN NEW ORLEANS FACULTY GROUP PRACTICE support?
LOUISIANA STATE UNIVERSITY SCHOOL OF MED IN NEW ORLEANS FACULTY GROUP PRACTICE supports work in Graduate and professional education and Managed care.
Where does LOUISIANA STATE UNIVERSITY SCHOOL OF MED IN NEW ORLEANS FACULTY GROUP PRACTICE operate?
LOUISIANA STATE UNIVERSITY SCHOOL OF MED IN NEW ORLEANS FACULTY GROUP PRACTICE is headquartered in NEW ORLEANS, LA.
Who funded LOUISIANA STATE UNIVERSITY SCHOOL OF MED IN NEW ORLEANS FACULTY GROUP PRACTICE recently?
In 2023, LOUISIANA STATE UNIVERSITY SCHOOL OF MED IN NEW ORLEANS FACULTY GROUP PRACTICE received grants from LIFE SCIENCES RESEARCH FOUNDATION, LIFE SCIENCES RESEARCH FOUNDATION, and LIFE SCIENCES RESEARCH FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant LOUISIANA STATE UNIVERSITY SCHOOL OF MED IN NEW ORLEANS FACULTY GROUP PRACTICE received in 2023?
The largest grant to LOUISIANA STATE UNIVERSITY SCHOOL OF MED IN NEW ORLEANS FACULTY GROUP PRACTICE in 2023 exceeds $67 thousand.
Overview
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