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← PENNINGTON BIOMEDICAL RESEARCH FOUNDATION

Form 990 for tax year 2023

Filed by PENNINGTON BIOMEDICAL RESEARCH FOUNDATION.

Totals

Total revenue
$5,834,269
Total expenses
$3,927,570
Contributions and grants received
$4,077,999
Grants paid
$0
Program service revenue
$952,693
Investment income
$712,809
Other revenue
$90,768
Total assets, end of year
$29,530,991
Total liabilities, end of year
$7,740,985
Net assets or fund balances, end of year
$21,790,006
Program services expenses (Part IX)
$2,709,424
Management and general expenses
$552,712
Fundraising expenses
$665,434
Program service expenses (Part III)
$2,709,424

Program services were 69.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • MARVIN BORGMEYER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • PAULA P DE LA BRETONNE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • JS SI BROWN III

    BOARD MEMBER (THRU FEB 2024)

    Total calculated
    $0
    Hours/week
    1
  • ARTHUR E FAVRE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • FRAN HARVEY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • CHRIS HASKEW

    BOARD MEMBER (THRU DEC 2023)

    Total calculated
    $0
    Hours/week
    1
  • VENEETH IYENGAR

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • C KRIS KIRKPATRICK

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • BRENT MCCOY

    BOARD MEMBER (THRU DEC 2023)

    Total calculated
    $0
    Hours/week
    1
  • CLAUDE B PENNINGTON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • DARYL B PENNINGTON SR

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • CHRISTEL C SLAUGHTER PHD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • JOHN SPAIN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • ANN WILKINSON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • KAREN WILLIAMS MD

    BOARD MEMBER (THRU DEC 2023)

    Total calculated
    $0
    Hours/week
    1
  • REBECCA BONIOL

    EX-OFFICIO

    Total calculated
    $0
    Hours/week
    1
  • SHARON WESTON BROOME

    EX-OFFICIO

    Total calculated
    $0
    Hours/week
    1
  • SID EDWARDS

    EX-OFFICIO

    Total calculated
    $0
    Hours/week
    1
  • DR JOHN KIRWAN PHD

    EX-OFFICIO

    Total calculated
    $0
    Hours/week
    1
  • LORI MELANCON

    EX-OFFICIO

    Total calculated
    $0
    Hours/week
    1
  • JAKE L NETTERVILLE

    EX-OFFICIO (THRU DEC 2023)

    Total calculated
    $0
    Hours/week
    1
  • WILLIAM TATE IV

    EX-OFFICIO

    Total calculated
    $0
    Hours/week
    1
  • MARY WERNER

    EX-OFFICIO (THRU MAY 2024)

    Total calculated
    $0
    Hours/week
    1
  • REBECCA SCHUTTE

    PRESIDENT/CEO (THRU DEC 2023)

    Total calculated
    $204,872
    From this org
    $170,987
    From related orgs
    $0
    Other
    $33,885
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $170,987
    Bonus
    $0
    Other
    $0
    Deferred
    $18,266
    Nontaxable benefits
    $15,619
    Filer's total
    $204,872
  • ANDRE GREENE

    INTERIM PRESIDENT/CEO THRU MAY

    Total calculated
    $162,724
    From this org
    $142,824
    From related orgs
    $0
    Other
    $19,900
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $142,824
    Bonus
    $0
    Other
    $0
    Deferred
    $4,636
    Nontaxable benefits
    $15,264
    Filer's total
    $162,724
  • JANET L OLSON

    INTERIM PRESIDENT/CEO

    Total calculated
    $0
    Hours/week
    40
  • BRIANNA BARRETT

    CHIEF DEVELOPMENT OFFICER

    Total calculated
    $62,288
    From this org
    $55,353
    From related orgs
    $0
    Other
    $6,935
    Hours/week
    40
  • GEORGE D NELSON JR

    CHAIRPERSON

    Total calculated
    $0
    Hours/week
    1
  • CHARLES LAMAR

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • ANNETTE D BARTON

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • MONICA ZUMO

    TREASURER

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 2 · Substantiation required before reimbursing expenses
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

Provenance

Return type
form_990
Tax year
2023
Filed
25 June 2025
IRS schema version
2023v6.0
Source object
202531819349301168

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