2024-02-14T08:54:04-06:00 2022-12-31 721088864 LAPORTE APAC 111 VETERANS MEMORIAL BLVD 600 METAIRIE LA 700054958 990 2022-01-01 721169939 TOURO INFIRMARY FOUNDATION TOUR 5048978435 1401 FOUCHER STREET NEW ORLEANS LA 70115 JAY PENNISSON CFO 5048978568 2024-02-12 1 JAY PENNISSON 999009999 0 JOHN S WILES CPA P01222673 5048355522 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JAY PENNISSON 1401 FOUCHER STREET NEW ORLEANS LA 70115 39676512 0 X WWW.TOURO.COM/CONTENT/FOUNDATION.HTM X 1991 LA TO SUPPORT THE MISSION OF TOURO INFIRMARY HOSPITAL AND ITS COMMITMENT TO (CON'T ON SCHEDULE O)PATIENT CARE, HEALTH EDUCATION AND COMMUNITY SERVICE THROUGH LEADERSHIP, RESOURCE DEVELOPMENT AND FINANCIAL STEWARDSHIP. 15 11 0 97 0 0 368121 374420 0 0 4021924 4369328 -38091 -46717 4351954 4697031 961151 428146 0 0 156899 128424 0 0 88554 188230 154165 1306280 710735 3045674 3986296 67237065 57815769 881639 1103751 66355426 56712018 THE TOURO INFIRMARY FOUNDATION HAS BEEN ESTABLISHED FOR THE PURPOSE OF ASSISTING TOURO INFIRMARY TO ACHIEVE ITS MISSION OF CONTINUING TO PROVIDE QUALITY HEALTHCARE AND RELATED SERVICES TO THE NEW ORLEANS COMMUNITY. 0 0 441990 428146 PROVIDE GRANTS, GIFTS AND OTHER DISTRIBUTIONS TO SUPPORT TOURO INFIRMARY'S CHARITY CARE INITIATIVES, CAPITAL EQUIPMENT NEEDS, COMMUNITY OUTREACH PROGRAMS (HEALTH CARE EDUCATION), NURSE EDUCATION AND RECRUITMENT, MEDICAL EDUCATION AND EMPLOYEE CRISIS ASSISTANCE. 441990 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 15 11 0 0 1 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X THE ORGANIZATION 5048978435 1401 FOUCHER STREET NEW ORLEANS LA 70115 MANNY LINARES PRESIDENT 3.00 52.00 X X 0 676040 32276 JOY BRAUN BOARD MEMBER 1.00 X 0 0 0 ADRIAN COHN BOARD MEMBER 1.00 X 0 0 0 CLAY SMITH BOARD MEMBER 1.00 X 0 0 0 JAY SHAMES BOARD MEMBER 1.00 X 0 0 0 PAUL ROSENBLUM BOARD MEMBER 3.00 X 0 0 0 WILLIAM D NORMAN BOARD MEMBER 1.50 X 0 0 0 MEREDITH MAXWELL CURRENT CHAIR 5.00 40.00 X X 0 268241 28585 TIFFANY DELCOUR BOARD MEMBER 1.00 X 0 0 0 MAX ZWAIN BOARD MEMBER 1.00 X 0 0 0 ZACH KUPPERMAN BOARD MEMBER 1.00 X 0 0 0 STEPHANIE KASTON PAST CHAIR 1.00 X 0 0 0 TOM OELSNER BOARD MEMBER 1.00 X 0 0 0 BRAD SINCLAIR BOARD MEMBER 1.00 40.00 X 0 393711 18864 JOSH FRIEDMANN EXECUTIVE DIRECTOR 45.00 X 0 99746 5068 0 1437738 84793 0 0 1 0 0 114910 259510 374420 1688291 1688291 37561386 34880349 2681037 2681037 2681037 52415 114910 99132 -46717 -46717 4697031 0 0 4322611 420146 420146 8000 8000 114967 11497 28742 74728 5220 522 1305 3393 8237 824 2059 5354 3650 3650 74908 74908 1765 1765 5861 5861 27649 27649 7813 781 1953 5079 OTHER PROFESSIONAL FEES 22999 22999 PLANNED GIVING 9300 9300 MISC EXPENSES 220 220 710735 441990 180191 88554 157385 83141 71337 53862 67008343 57678766 67237065 57815769 21454 4762 860185 1098989 881639 1103751 X 56273511 48309483 10081915 8402535 66355426 56712018 67237065 57815769 3986296 -13629704 0 X X 0 1 X 1 0 X X 2 TOURO INFIRMARY 720423659 3 1 415146 0 AMERICAN CANCER SOCIETY INC 131788491 7 0 5000 0 2 420146 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 PART IV, SECTION A, LINE 1: THE ORGANIZATION PROVIDED SUPPORT TO SEVERAL ORGANIZATIONS NOT LISTED IN THE ORGANIZING DOCUMENTS OF TOURO INFIRMARY FOUNDATION. THE ORGANIZATION AND THE MANAGEMENT TEAM OF TOURO INFIRMARY, THE SUPPORTED ORGANIZATION, REVIEW ANY ORGANIZATION BEFORE PROVIDING SUPPORT TO CONFIRM THAT FUNDS WILL PROMOTE THE CHARITABLE MISSION OF TOURO INFIRMARY OR THE CHARITABLE CLASS SERVED BY TOURO INFIRMARY. THE INTENTION OF ALL GRANTS IS TO SUPPORT TOURO INFIRMARY BY PROMOTING TOURO'S SERVICES IN THE COMMUNITY, PROMOTING HEALTH AND HEALTH AWARENESS IN THE COMMUNITIES SERVED BY TOURO, OR BY DIRECTLY ASSISTING INDIVIDUALS IN THE CHARITABLE CLASS THAT TOURO INFIRMARY SERVES. PART IV, SECTION B, LINE 2: THE ORGANIZATION PROVIDED SUPPORT TO SEVERAL ORGANIZATIONS DURING THE YEAR WITH THE INTENT TO PROMOTE HEALTH AND WELLNESS IN THE COMMUNITIES SERVED BY TOURO INFIRMARY, THE ORGANIZATION'S SUPPORTED ORGANIZATION. THE GRANTS ARE APPROVED IN ADVANCE BY THE ORGANIZATION'S EXECUTIVE DIRECTOR AND TOURO INFIRMARY'S EXECUTIVE MANAGEMENT TEAM. PRIOR TO ISSUANCE, THE GRANTS ARE REVIEWED TO MAKE SURE THAT THEY BENEFIT TOURO INFIRMARY BY ALIGNING WITH ITS CHARITABLE MISSION OR ARE FOR THE DIRECT BENEFIT OF THE CHARITABLE CLASSES SERVED BY TOURO INFIRMARY. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5761844 5563 0 5767407 5811631 49787 5761844 5806346 5285 5811631 5718277 88069 5806346 5656436 61841 5718277 1.00000 0 0 0 DUE TO LCMC 51509 DUE TO TOURO INFIRMARY 1043920 OTHER PAYABLES 3560 1098989 X PART V, LINE 4: THE ORGANIZATION HOLDS RESTRICTED ENDOWMENTS, WHICH WILL BE USED FOR TOURO INFIRMARY'S EXEMPT PURPOSE. PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PROVIDE ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ENTITY IN ITS TAX RETURNS THAT MIGHT BE UNCERTAIN. PENALITES AND INTEREST ASSESSED BY INCOME TAX AUTHORITIES, IF ANY, WOULD BE INCLUDED IN INCOME TAX EXPENSE. THE SYSTEM BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND MANAGEMENT HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. X 1 KATHY SELIGMAN 1234 CONERY STREET NEW ORLEANS LA 70115 CONSULTANT 0 0 48000 0 48000 JUDAH TOURO SOCIETY 118410 98710 19700 22914 500 42500 CASINO NIGHT 48915 16200 32715 18084 1400 13734 167325 114910 52415 40998 1900 56234 99132 -46717 1 TOURO INFORMARY 1401 FOUCHER ST NEW ORLEANS LA 70115 720423659 501(C)(3) 415146 0 TO HELP SUPPORT TOURO INFRIMARY'S EXEMPT PURPOSE 1 EMPLOYEE CAMPAIGN - CRISIS FUND 9 8000 PART I, LINE 2: THE TOURO INFIRMARY HUMAN RESOURCE DEPARTMENT AND/OR FOUNDATION DEPARTMENT MONITORS THE USE OF GRANT FUNDS BY ANALYZING THE APPLICANT'S ABILITY TO MEET THE CRITERIA OF THE GRANT RESTRICTIONS. X 0 0 0 0 0 0 0 0 0 MANNY LINARES PRESIDENT 0 519381 0 150764 0 5895 0 12200 0 20076 0 708316 0 0 BRAD SINCLAIR BOARD MEMBER 0 319427 0 70767 0 3517 0 12200 0 6664 0 412575 0 0 MEREDITH MAXWELL CURRENT CHAIR 0 243742 0 23138 0 1361 0 11090 0 17495 0 296826 0 0 PART I, LINE 3 THE ORGANIZATION DOES NOT COMPENSATE ITS PRESIDENT, WHO IS ALSO CEO OF TOURO. TOURO RELIES ON COMPARABLE DATA FROM UNRELATED ENTITIES TO DETERMINE THE AMOUNT OF COMPENSATION FOR ITS EXECUTIVES AND DOCUMENTATION IS MAINTAINED REGARDING THE DETERMINATION OF THESE AMOUNTS. THE FINAL DECISION REGARDING THE AMOUNT OF COMPENSATION IS SUBJECT TO THE APPROVAL OF THE LCMC BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION'S BY-LAWS WERE AMENDED DURING 2022. THE SIGNIFICANT CHANGES TO THE BY-LAWS WERE: (1) THE NUMBER OF BOARD MEMBERS WAS CHANGED FROM 18 MEMBERS TO "UP TO 15 BOARD MEMBERS AND THE AMOUNT OF EX-OFFICIO MEMBERS WAS CHANGED FROM 6 TO "UP TO 3 EX-OFFICIO MEMBERS". THE UPDATES ALSO INCLUDE A REQUIREMENT THAT THE CHIEF FINANCIAL OFFICER OF TOURO MUST BE ONE OF THE EX-OFFICIO MEMBERS OF THE BOARD. (2) THE RESERVED POWERS OF THE BOARD WAS UPDATED TO STATE THAT THE FOUNDATION MAY ONLY TAKE ACTIONS WITH RESPECT TO ITSELF OR ANY SUBSIDIARY OWNED OR CONTROLLED BY THE PARENT SUBJECT TO APPROVAL BY THE PARENT PRIOR TO THE ACTION BEING TAKEN. (3) THE DUTIES OF THE MEMBERS OF THE GOVERNING BOARD WAS UPDATED TO STATE A BOARD MEMBER'S DUTIES INCLUDE: IDENTIFYING AND MAINTAINING RELATIONSHIPS WITH DONORS, SERVING AS COMMUNITY AMBASSADORS TO THE PARENT, ADVISING ON THE FOUNDATIONS FUNDRAISING PLANS AND OPERATING BUDGET, ADVISING ON GRANTS, FINANCIALLY SUPPORTING THE ORGANIZATION, AND MAINTAINING THE PARENT'S FAITH BASED IDENTITY AND MAINTAINING ITS RELATIONSHIPS WITH JEWISH ORGANIZATIONS AND COMMUNITY. (4) THE BYLAWS WERE UPDATED TO ADD DUTIES FOR THE EXECUTIVE DIRECTOR WHICH STATE "THE EXECUTIVE DIRECTOR SHALL HAVE ALL THE AUTHORITY AND RESPONSIBILITY NECESSARY TO OPERATE THE FOUNDATION IN ALL OF ITS ACTIVITIES AND DEPARTMENTS, SIMILAR TO AN OFFICER IN A BUSINESS CORPORATION, SUBJECT IN ALL RESPECTS TO THE RIGHTS OF THE PARENT HEREUNDER. THE EXECUTIVE DIRECTOR SHALL BE AN EX OFFICIO VOTING MEMBER OF ALL COMMITTEES OF THE GOVERNING BOARD. AND (5) THE CONFLICT OF INTEREST SECTION WAS UPDATED TO THE FOLLOWING "CONFLICTS OF INTEREST OF DIRECTORS, OFFICERS AND COMMITTEE MEMBERS OF THE FOUNDATION SHALL BE GOVERNED BY THE POLICY, IF ANY, ADOPTED BY THE PARENT FROM TIME TO TIME. IF THE FOUNDATION HAS ENTERED INTO A CONTRACT OR A TRANSACTION AND A DIRECTOR, OFFICER OF COMMITTEE MEMBER HAS A CONFLICT OF INTEREST WITH SUCH CONTRACT OR TRANSACTION, THEN, IN THE ABSENCE OF FRAUD, SUCH DIRECTOR, OFFICER OR COMMITTEE MEMBER SHALL NOT BE LIABLE TO THE FOUNDATION OR TO ANY CREDITOR THEREOF OR TO ANY PERSON FOR ANY LOSS INCURRED BY IT UNDER OR BY REASON SUCH CONTRACT OR TRANSACTION, NOR SHALL SUCH DIRECTOR, OFFICER, OR COMMITTEE MEMBER BE ACCOUNTABLE FOR ANY GAINS OR PROFITS REALIZED THEREON; PROVIDED THAT (I) SUCH TRANSACTION WAS FAIR AS TO THE FOUNDATION AT THE TIME IT WAS ENTERED INTO; (II) THE DIRECTOR, OFFICER OR COMMITTEE MEMBER, AS APPLICABLE, COMPLIED WITH ANY CONFLICT OF INTEREST POLICIES THAT THE FOUNDATION ADOPTED, AND (III) AT THE MEETING OF THE GOVERNING BOARD OR COMMITTEE THEREOF HAVING AUTHORITY TO AUTHORIZE OR CONFIRM SUCH CONTRACT OR TRANSACTION, THE MATERIAL FACTS AS TO THE INTEREST OF SUCH DIRECTOR, OFFICER OR COMMITTEE MEMBER, IF APPLICABLE, WAS DISCLOSED TO THE BOARD OR COMMITTEE, AND SUCH CONTRACT OR TRANSACTION WAS DULY APPROVED BY DIRECTORS NOT SO INTERESTED OR CONNECTED. NO INTERESTED DIRECTORS OR COMMITTEE MEMBERS MAY VOTE OR MAY BE COUNTED IN DETERMINING THE EXISTENCE OF A QUORUM OF ANY MEETING AT WHICH SUCH TRANSACTION SHALL BE AUTHORIZED. NOTWITHSTANDING ANY OTHER PROVISIONS OF THIS ARTICLE TO THE CONTRARY, NEITHER THE PARENT, NOR ANY DIRECTOR OR OFFICER SHALL ENTER INTO ANY CONTRACTS OR TRANSACT BUSINESS WITH THE FOUNDATION WHICH WOULD BE INCONSISTENT WITH THE NON-PROFIT NATURE OF THE FOUNDATION; PROVIDED, HOWEVER, THAT NOTHING HEREIN SHALL PREVENT ANY SUCH PARENT, DIRECTOR OR OFFICER FROM RECEIVING FULL AND FAIR COMPENSATION FOR ANY SERVICES RENDERED OR PROPERTY GIVEN OR MADE AVAILABLE TO THE FOUNDATION. FORM 990, PART VI, SECTION A, LINE 6 LOUISIANA CHILDREN'S MEDICAL CENTER (LCMC) ACTS AS A SYSTEM PARENT AND IT IS THE SOLE MEMBER OF TOURO INFIRMARY (TOURO),CHILDREN'S HOSPITAL, WEST JEFFERSON MEDICAL CENTER, LCMC HEALTH HOLDINGS, AND UNIVERSITY MEDICAL CENTER. TOURO INFIRMARY IS THE SOLE MEMBER OF THE FOUNDATION. FORM 990, PART VI, SECTION A, LINE 7A FOUNDATION BOARD MEMBERS ARE ELECTED BY TOURO INFIRMARY'S BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B TOURO INFIRMARY RESERVED THE POWER TO APPROVE THE DECISIONS OF THE FOUNDATION'S BOARD. LCMC RESERVED THE POWER TO APPROVE DECISIONS OF THE TOURO BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY AN OUTSIDE CPA FIRM WITH ASSISTANCE FROM THE EXECUTIVE DIRECTOR OF THE ORGANIZATION. A DRAFT OF THE RETURN WAS THEN SUBMITTED TO THE SUPPORTED ORGANIZATION'S CFO FOR REVIEW AND APPROVAL BEFORE BEING CIRCULATED TO THE BOARD FOR THEIR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C SENIOR MANAGEMENT AND MEMBERS OF THE TOURO INFIRMARY FOUNDATION BOARD OF DIRECTORS ARE REQUIRED TO REVIEW AND SIGN A CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION DOES NOT COMPENSATE ITS PRESIDENT, WHO IS ALSO CEO OF TOURO. TOURO RELIES ON COMPARABLE DATA FROM UNRELATED ENTITIES TO DETERMINE THE AMOUNT OF COMPENSATION FOR ITS EXECUTIVES, AND DOCUMENTATION IS MAINTAINED REGARDING THE DETERMINATION OF THESE AMOUNTS. THE FINAL DECISION REGARDING THE AMOUNT OF COMPENSATION IS SUBJECT TO THE APPROVAL OF THE TOURO INFIRMARY BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: LCMC'S FINANCE COMMITTEE ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF ITS SUBSIDIARIES' (INCLUDING TOURO) FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT AUDITOR. THIS HAS NOT CHANGED FROM THE PREVIOUS YEAR. IN ADDITION TO THE LCMC FINANCE COMMITTEE, THE TOURO FINANCE COMMITTEE HAS BEEN DELEGATED TO ASSIST WITH MONITORING OF THE TOURO FINANCIAL STATEMENTS AND ITS SUBSIDIARIES TO INCLUDE CCPI, WOLDENBERG VILLAGE, AND THE TOURO FOUNDATION. TOURO INFIRMARY 1401 FOUCHER STREET NEW ORLEANS LA 70115 720423659 HEALTHCARE SERVICES LA 501(C)(3) LINE 3 LCMC 0 WOLDENBERG VILLAGE 3701 BEHRMAN PLACE NEW ORLEANS LA 70114 720540671 HEALTHCARE SERVICES LA 501(C)(3) LINE 10 TOURO INFIRMARY 0 LOUISIANA CHILDREN'S MEDICAL CENTER (LCMC) 1100 POYDRAS STREET 2500 ENERGY CEN NEW ORLEANS LA 70163 943480131 HEALTHCARE DELIVERY LA 501(C)(3) LINE 3 N/A 0 CHILDREN'S HOSPITAL 200 HENRY CLAY AVE NEW ORLEANS LA 70118 720467503 HEALTHCARE SERVICES LA 501(C)(3) LINE 3 LCMC 0 UNIVERSITY MEDICAL CENTER MANAGEMENT CORPORATION 2021 PERDIDO ST NEW ORLEANS LA 70112 251925187 HEALTHCARE SERVICES LA 501(C)(3) LINE 3 LCMC 0 NEW ORLEANS PHYSICIAN SERVICES 1101 MEDICAL CENTER BLVD MARRERO LA 70072 464568405 PHYSICIAN PRACTICES LA 501(C)(3) LINE 10 LCMC 0 CHILDREN'S HOSPITAL ANESTHESIA CORPORATION DBA LCMC HEALTH ANESTHESIA CORP 1100 POYDRAS STREET 2500 ENERGY CEN NEW ORLEANS LA 70163 061587311 ANESTHESIA SERVICES LA 501(C)(3) LINE 10 LCMC 0 LCMC HEALTH HOLDINGS INC DBA EAST JEFFERSON GENERAL HOSPITAL 4200 HOUMA BLVD METAIRIE LA 70006 843390470 FULL SERVICE COMMUNITY HOSPITAL LA 501(C)(3) LINE 3 LCMC 0 AUDUBON RETIREMENT VILLAGE INC 1100 POYDRAS STREET 2500 ENERGY CEN NEW ORLEANS LA 70163 842278120 HEALTHCARE DELIVERY LA 501(C)(3) LINE 10 LCMC 0 CHILDREN'S HOSPITAL MEDICAL PRACTICE 200 HENRY CLAY AVE NEW ORLEANS LA 70118 721318421 PEDIATRIC PRIMARY CARE PHYSICIAN SERVICE LA 501(C)(3) LINE 10 CHILDREN'S HOSPITAL 0 METAIRIE PHYSICIAN SERVICES INC 1101 MEDICAL CENTER BLVD METAIRIE LA 70006 461434300 HEALTHCARE DELIVERY LA 501(C)(3) LINE 10 LCMC HEALTH HOLDINGS INC (DBA EJGH) 0 TIJV LLC 1401 FOUCHER ST NEW ORLEANS LA 70115 261378361 IMAGING CENTER RENTAL LA N/A 0 0 CRESCENT CITY RESEARCH CONSORTIUM LLC 1111 MEDICAL CENTER BLVD STE N701 MARRERO LA 70072 383880814 SCIENTIFIC RESEARCH LA N/A 0 0 COMMUNITY SERVICES COLLABORATIVE 1101 MEDICAL CENTER BLVD STE N-201 MARRERO LA 70072 364819943 MEDICAL COLLABORATION LA N/A 0 0 EAST JEFFERSON SURGERY CENTER LLC 4320 HOUMA BLVD 5TH FLOOR METAIRIE LA 70006 201425074 OUTPATIENT SURGERY LA N/A 0 0 CRESCENT CITY PHYSICIANS INC 3600 PRYTANIA STREET SUITE 72 NEW ORLEANS LA 70115 721269878 HEALTHCARE LA N/A C 0 BUCKMAN MEDICAL OFFICE BUILDING CONDOMINIUM ASSOCIATION 1401 FOUCHER STREET NEW ORLEANS LA 70115 721226687 HEALTHCARE LA N/A C 0 PRYTANIA MEDICAL COMPLEX OWNERS ASSOCIATION 650 POYDRAS STREET SUITE 1200 NEW ORLEANS LA 70130 720866121 HEALTHCARE LA N/A C 0 0 1 0 0 1 0 0 0 0 0 1 0 0 0 1 0 0 0 1