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Employer Identification Number 72-0883155

PENNINGTON MEDICAL FOUNDATION is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:PENNINGTON MEDICAL FOUNDATION
Employer identification number (EIN):72-0883155
EIN Issuing AuthorityPhiladelphia, PA
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementTHE PENNINGTON MEDICAL FOUNDATION ADMINISTERS THE TRUST ESTABLISHED BY C.B. PENNINGTON AND IRENE W. PENNINGTON, PROVIDES FINANCIAL SUPPORT FOR MEDICAL RESEARCH PROGRAMS OF THE PENNINGTON BIOMEDICAL RESEARCH CENTER BY PROVIDING CAPITAL GRANTS AND SEED FUNDING, AND SUPPORTS THE DEVELOPMENT AND EXPANSION OF THE CENTER AND ITS PROGRAMS.
Number of Employees0
Number of Volunteers13
Year Formed1980

Organization Governance

Legal DomicileLA
Voting Members - Governing Body12
Voting Members - Independent10

Organization Financials

2022-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 59
Investment Income from current yearUSD $ -17,964
Other Revenue from prior yearUSD $ 28,587
Other Revenue from current yearUSD $ 36,171
Gross receipts from all sourcesUSD $ 61,767
Net assets / fund balances at end of fiscal yearUSD $ 0
Net assets / fund balances at beginning of fiscal yearUSD $ 617,680
Total liabilities at end of fiscal yearUSD $ 281,987
Total liabilities at beginning of fiscal yearUSD $ 20,528
Total assets at end of fiscal yearUSD $ 281,987
Total assets at beginning of fiscal yearUSD $ 638,208
Revenues less expenses for current yearUSD $ -198,937
Revenues less expenses for previous yearUSD $ -121,593
Total expenses for current yearUSD $ 217,144
Total expenses for previous yearUSD $ 150,239
Other expenses in current yearUSD $ 217,144
Other expenses in previous yearUSD $ 150,239
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Employee salary and benefits paid in previous yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 18,207
Total revenue in previous fiscal yearUSD $ 28,646
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
2021-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 831
Investment Income from current yearUSD $ 59
Other Revenue from prior yearUSD $ 36,451
Other Revenue from current yearUSD $ 28,587
Gross receipts from all sourcesUSD $ 28,646
Net assets / fund balances at end of fiscal yearUSD $ 617,680
Net assets / fund balances at beginning of fiscal yearUSD $ 683,359
Total liabilities at end of fiscal yearUSD $ 20,528
Total liabilities at beginning of fiscal yearUSD $ 24,359
Total assets at end of fiscal yearUSD $ 638,208
Total assets at beginning of fiscal yearUSD $ 707,718
Revenues less expenses for current yearUSD $ -121,593
Revenues less expenses for previous yearUSD $ -80,211
Total expenses for current yearUSD $ 150,239
Total expenses for previous yearUSD $ 117,493
Other expenses in current yearUSD $ 150,239
Other expenses in previous yearUSD $ 117,493
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Employee salary and benefits paid in previous yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 28,646
Total revenue in previous fiscal yearUSD $ 37,282
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 2,222
2020-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 10,885
Investment Income from current yearUSD $ 831
Other Revenue from prior yearUSD $ 46,192
Other Revenue from current yearUSD $ 36,451
Gross receipts from all sourcesUSD $ 37,282
Net assets / fund balances at end of fiscal yearUSD $ 683,359
Net assets / fund balances at beginning of fiscal yearUSD $ 716,711
Total liabilities at end of fiscal yearUSD $ 24,359
Total liabilities at beginning of fiscal yearUSD $ 8,165
Total assets at end of fiscal yearUSD $ 707,718
Total assets at beginning of fiscal yearUSD $ 724,876
Revenues less expenses for current yearUSD $ -80,211
Revenues less expenses for previous yearUSD $ -72,583
Total expenses for current yearUSD $ 117,493
Total expenses for previous yearUSD $ 129,660
Other expenses in current yearUSD $ 117,493
Other expenses in previous yearUSD $ 129,660
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Employee salary and benefits paid in previous yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 37,282
Total revenue in previous fiscal yearUSD $ 57,077
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 22,562
2019-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 1,370,218
Investment Income from current yearUSD $ 10,885
Other Revenue from prior yearUSD $ 91,759
Other Revenue from current yearUSD $ 46,192
Gross receipts from all sourcesUSD $ 57,077
Net assets / fund balances at end of fiscal yearUSD $ 716,711
Net assets / fund balances at beginning of fiscal yearUSD $ 839,722
Total liabilities at end of fiscal yearUSD $ 8,165
Total liabilities at beginning of fiscal yearUSD $ 13,962
Total assets at end of fiscal yearUSD $ 724,876
Total assets at beginning of fiscal yearUSD $ 853,684
Revenues less expenses for current yearUSD $ -72,583
Revenues less expenses for previous yearUSD $ 1,230,994
Total expenses for current yearUSD $ 129,660
Total expenses for previous yearUSD $ 230,983
Other expenses in current yearUSD $ 129,660
Other expenses in previous yearUSD $ 230,983
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Employee salary and benefits paid in previous yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 57,077
Total revenue in previous fiscal yearUSD $ 1,461,977
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 17,435
2018-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 5,581
Investment Income from current yearUSD $ 1,370,218
Other Revenue from prior yearUSD $ 38,198
Other Revenue from current yearUSD $ 91,759
Gross receipts from all sourcesUSD $ 1,461,977
Net assets / fund balances at end of fiscal yearUSD $ 839,722
Net assets / fund balances at beginning of fiscal yearUSD $ 1,006,965
Total liabilities at end of fiscal yearUSD $ 13,962
Total liabilities at beginning of fiscal yearUSD $ 25,006
Total assets at end of fiscal yearUSD $ 853,684
Total assets at beginning of fiscal yearUSD $ 1,031,971
Revenues less expenses for current yearUSD $ 1,230,994
Revenues less expenses for previous yearUSD $ -194,718
Total expenses for current yearUSD $ 230,983
Total expenses for previous yearUSD $ 238,497
Other expenses in current yearUSD $ 230,983
Other expenses in previous yearUSD $ 238,497
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Employee salary and benefits paid in previous yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 1,461,977
Total revenue in previous fiscal yearUSD $ 43,779
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 53,383
2017-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ -527,968
Investment Income from current yearUSD $ 5,581
Other Revenue from prior yearUSD $ 135,293
Other Revenue from current yearUSD $ 38,198
Gross receipts from all sourcesUSD $ 43,779
Net assets / fund balances at end of fiscal yearUSD $ 1,006,965
Net assets / fund balances at beginning of fiscal yearUSD $ 1,295,284
Total liabilities at end of fiscal yearUSD $ 25,006
Total liabilities at beginning of fiscal yearUSD $ 27,225
Total assets at end of fiscal yearUSD $ 1,031,971
Total assets at beginning of fiscal yearUSD $ 1,322,509
Revenues less expenses for current yearUSD $ -194,718
Revenues less expenses for previous yearUSD $ -40,023,483
Total expenses for current yearUSD $ 238,497
Total expenses for previous yearUSD $ 39,630,808
Other expenses in current yearUSD $ 238,497
Other expenses in previous yearUSD $ 1,598,848
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Employee salary and benefits paid in previous yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 38,031,960
Total revenue in current fiscal yearUSD $ 43,779
Total revenue in previous fiscal yearUSD $ -392,675
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
2016-12-31
Total unrelated business incomeUSD $ -8,803
Net unrelated business incomeUSD $ -8,803
Program Service Revenue from prior yearUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ -582,899
Investment Income from current yearUSD $ -527,968
Other Revenue from prior yearUSD $ 148,601
Other Revenue from current yearUSD $ 135,293
Gross receipts from all sourcesUSD $ 429,861
Net assets / fund balances at end of fiscal yearUSD $ 1,295,284
Net assets / fund balances at beginning of fiscal yearUSD $ 41,391,493
Total liabilities at end of fiscal yearUSD $ 27,225
Total liabilities at beginning of fiscal yearUSD $ 18,399,868
Total assets at end of fiscal yearUSD $ 1,322,509
Total assets at beginning of fiscal yearUSD $ 59,791,361
Revenues less expenses for current yearUSD $ -40,023,483
Revenues less expenses for previous yearUSD $ -3,403,506
Total expenses for current yearUSD $ 39,630,808
Total expenses for previous yearUSD $ 2,974,208
Other expenses in current yearUSD $ 1,598,848
Other expenses in previous yearUSD $ 2,969,208
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Employee salary and benefits paid in previous yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 38,031,960
Grants and similar amounts paid in previous yearUSD $ 5,000
Total revenue in current fiscal yearUSD $ -392,675
Total revenue in previous fiscal yearUSD $ -429,298
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 5,000
Total of other revenueUSD $ 43,477
2015-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 898,270
Investment Income from current yearUSD $ -582,899
Other Revenue from prior yearUSD $ 200,114
Other Revenue from current yearUSD $ 148,601
Gross receipts from all sourcesUSD $ 39,868,773
Net assets / fund balances at end of fiscal yearUSD $ 41,391,493
Net assets / fund balances at beginning of fiscal yearUSD $ 45,918,693
Total liabilities at end of fiscal yearUSD $ 18,399,868
Total liabilities at beginning of fiscal yearUSD $ 18,921,122
Total assets at end of fiscal yearUSD $ 59,791,361
Total assets at beginning of fiscal yearUSD $ 64,839,815
Revenues less expenses for current yearUSD $ -3,403,506
Revenues less expenses for previous yearUSD $ -2,632,444
Total expenses for current yearUSD $ 2,974,208
Total expenses for previous yearUSD $ 3,731,022
Other expenses in current yearUSD $ 2,969,208
Other expenses in previous yearUSD $ 3,731,022
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Employee salary and benefits paid in previous yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 5,000
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ -429,298
Total revenue in previous fiscal yearUSD $ 1,098,578
Contributions and grants from current yearUSD $ 5,000
Contributions and grants from previous yearUSD $ 194
2014-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 1,094,912
Investment Income from current yearUSD $ 898,270
Other Revenue from prior yearUSD $ 239,740
Other Revenue from current yearUSD $ 200,114
Gross receipts from all sourcesUSD $ 43,224,108
Net assets / fund balances at end of fiscal yearUSD $ 45,918,693
Net assets / fund balances at beginning of fiscal yearUSD $ 48,590,790
Total liabilities at end of fiscal yearUSD $ 18,921,122
Total liabilities at beginning of fiscal yearUSD $ 19,138,397
Total assets at end of fiscal yearUSD $ 64,839,815
Total assets at beginning of fiscal yearUSD $ 67,729,187
Revenues less expenses for current yearUSD $ -2,632,444
Revenues less expenses for previous yearUSD $ -2,022,704
Total expenses for current yearUSD $ 3,731,022
Total expenses for previous yearUSD $ 3,364,547
Other expenses in current yearUSD $ 3,731,022
Other expenses in previous yearUSD $ 3,364,547
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Employee salary and benefits paid in previous yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 1,098,578
Total revenue in previous fiscal yearUSD $ 1,341,843
Contributions and grants from current yearUSD $ 194
Contributions and grants from previous yearUSD $ 7,191

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 720883155

USA Mailing Address
6400 PERKINS ROAD
BATON ROUGE
LA
70808
Date first seen: 2007-01-01
Date last seen: 2024-08-31

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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