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← FOUNDATION FOR RUSH INC

Form 990 for tax year 2024

Filed by FOUNDATION FOR RUSH INC.

Totals

Total revenue
$12,142
Total expenses
$5,418
Contributions and grants received
$12,142
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$1,222,169
Total liabilities, end of year
$125,339
Net assets or fund balances, end of year
$1,096,830
Program services expenses (Part IX)
$0
Management and general expenses
$5,418
Fundraising expenses
$0
Program service expenses (Part III)
not reported

Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $12,142

Functional expenses

Part IX, the statement of functional expenses.

  • 11a · Fees: management

    total $369 · management and general $369

  • 11g · Fees: other

    total $5,049 · management and general $5,049

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,191,274 · end of year $1,153,320

  • 3 · Pledges and grants receivable

    beginning of year $4,810 · end of year $184

  • 4 · Accounts receivable

    beginning of year $14,087

  • 7 · Other notes and loans receivable

    end of year $68,665

  • 15 · Other assets

    beginning of year $923 · end of year $0

  • 25 · Other liabilities

    beginning of year $120,988 · end of year $125,339

  • 27 · Net assets without donor restrictions

    beginning of year $1,090,106 · end of year $1,096,830

Mission and programs · 2024

Mission

PROVIDE FINANCIAL ASSISTANCE TO HEALTH CARE RELATED CAUSES IN AND AROUND CENTRAL MISSISSIPPI AND ALABAMA

Activities or mission (Part I)

PROVIDE FINANCIAL ASSISTANCE TO HEALTHCARE RELATED CAUSES IN AND AROUND CENTRAL MISSISSIPPI AND ALABAMA.

  • PROVIDE FINANCIAL ASSISTANCE TO HEALTH CARE RELATED CAUSES IN AND AROUND CENTRAL MISSISSIPPI AND ALABAMA

As filed on the 2024 return.

Listed in Part VII

  • Faye Martin

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 5 related

  • Alan Gartrell

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 5 related

  • D Larkin Kennedy

    CEO - OCHSNER RUSH HEALTH

    Total calculated
    $714,433
    From this org
    $0
    From related orgs
    $654,938
    Other
    $59,495
    Hours/week
    1 + 49 related

    Schedule J breakdown matched by us

    Base
    $0 + $464,172 related
    Bonus
    $0 + $169,675 related
    Other
    $0 + $21,091 related
    Deferred
    $0 + $30,806 related
    Nontaxable benefits
    $0 + $28,689 related
    Filer's total
    $0 + $714,433 related

  • J Allen Tyra

    CEO - OCHSNER RUSH MEDICAL CENTER

    Total calculated
    $396,446
    From this org
    $0
    From related orgs
    $368,777
    Other
    $27,669
    Hours/week
    1 + 49 related

    Schedule J breakdown matched by us

    Base
    $0 + $285,018 related
    Bonus
    $0 + $71,655 related
    Other
    $0 + $12,104 related
    Deferred
    $0 + $6,800 related
    Nontaxable benefits
    $0 + $20,869 related
    Filer's total
    $0 + $396,446 related

  • David Butler

    CFO - OCHSNER RUSH HEALTH

    Total calculated
    $367,572
    From this org
    $0
    From related orgs
    $346,712
    Other
    $20,860
    Hours/week
    1 + 49 related

    Schedule J breakdown matched by us

    Base
    $0 + $272,524 related
    Bonus
    $0 + $71,604 related
    Other
    $0 + $2,584 related
    Deferred
    $0 + $3,400 related
    Nontaxable benefits
    $0 + $17,460 related
    Filer's total
    $0 + $367,572 related

  • Frederick Duggan MD

    FORMER OFFICER, PHYSICIAN

    Total calculated
    $470,098
    From this org
    $0
    From related orgs
    $438,009
    Other
    $32,089
    Hours/week
    0 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $433,498 related
    Bonus
    $0 + $1,500 related
    Other
    $0 + $3,011 related
    Deferred
    $0 + $3,400 related
    Nontaxable benefits
    $0 + $28,689 related
    Filer's total
    $0 + $470,098 related

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
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 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

The filer's explanations (Part III)

SCHEDULE J, PART I, LINE 4B
OCHSNER HEALTH 457 (F) PLAN THE FOLLOWING PEOPLE PARTICIPATE IN A 457(F) NON-QUALIFIED, UNFUNDED, DEFERRED COMPENSATION PLAN, WHICH WAS ADOPTED IN 2013. THE PLAN ALLOWS FOR ANNUAL FIXED CONTRIBUTIONS BASED ON A PERCENT OF BASE PAY AND SUBJECT TO A THREE-YEAR VESTING REQUIREMENT; AND ANNUAL DISCRETIONARY CONTRIBUTIONS BASED ON A PERCENT OF BASE PAY OR A FLAT-DOLLAR AMOUNT AND SUBJECT TO A THREE-YEAR VESTING REQUIREMENT. FOLLOWING IS A LIST OF PARTICIPANTS AND ANY DISTRIBUTIONS MADE IN 2024: D. LARKIN KENNEDY, CEO OCHSNER RUSH HEALTH; 2024 DISTRIBUTION $5,964 RUSH HEALTH SYSTEMS' CHIEF EXECUTIVE OFFICER, LARKIN KENNEDY, IS PROVIDED WITH A LIFE INSURANCE POLICY WHEREBY PREMIUMS ARE PAID BY THE EMPLOYER, AND PREMIUMS WILL BE RECOVERED AT DEATH OR TERMINATION OF THE AGREEMENT. THE PREMIUMS ARE INCLUDED AS TAXABLE COMPENSATION.

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 partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • IMPACT TALENT SOLUTIONS I LLC

    RELATED · STAFFING SERVICES · DE

    Directly controlled by OCHSNER HOLDCO CORPORATION

  • MTS-LGH THERAPY SERVICES LLC MCLEOD-TRAHAN-SHEFFIELD PHYSICAL THERAPY SER

    RELATED · PHYSICAL THERAPY · LA

    Directly controlled by LAFAYETTE GENERAL HEALTH SYSTEM INC OCHSNER LAFAYETTE GENERAL

  • OCHSNER KIDNEY CARE LLC

    RELATED · RENAL DIALYSIS CENTERS · LA

    Directly controlled by OCHSNER CLINIC FOUNDATION

  • OCHSNER VENTURES LSCP FUND I LP (BEG 52024)

    RELATED · VENTURE CAPITAL INVESTMENTS · DE

    Directly controlled by OCHSNER CLINIC FOUNDATION

Related corporations and trusts

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

  • COMMUNITY MEDICAL GROUP-ST CHARLES INC

    C · CLINICAL SERVICES · LA

    Directly controlled by SATYR CLINICAL SERVICES INC

  • DEUTERON REALTY (END 92024)

    C · NOMINEE REAL ESTATE CORPORATION · LA

    Directly controlled by OCHSNER CLINIC FOUNDATION

  • HYDRA CLINICAL SERVICES INC

    C · MEDICAL SERVICES-INDIGENT CARE · LA

    Directly controlled by OCHSNER CLINIC FOUNDATION

  • LG INDEMNITY COMPANY LTD

    C · CAPTIVE INSURANCE · CJ

    Directly controlled by LAFAYETTE GENERAL HEALTH SYSTEM INC OCHSNER LAFAYETTE GENERAL

  • MANAGED HEALTH CARE INC

    C · MANAGED HEALTHCARE · MS

    Directly controlled by RUSH HEALTH SYSTEMS INC OCHSNER RUSH HEALTH

  • MILLENNIUM HEALTHCARE MANAGEMENT INC

    C · MEDICAL SERVICES · LA

    Directly controlled by OCHSNER URGENT CARE 1 LLC

  • OCHSNER DIVERSIFIED BUSINESS CORPORATION

    C · MEDICAL SUPPLIES MANUFACTURING · DE

    Directly controlled by OCHSNER HOLDCO CORPORATION

  • OCHSNER HEALTH PLAN INC

    C · INSURANCE-HEALTH MAINTENANCE ORGANIZATION · LA

    Directly controlled by OHPI LLC

  • OCHSNER HOLDCO CORPORATION

    C · HOLDING COMPANY · DE

    Directly controlled by OCHSNER CLINIC FOUNDATION

  • OCHSNER LWHA CORPORATION

    C · MEDICAL SERVICES-WOMENS · DE

    Directly controlled by OCHSNER HOLDCO CORPORATION

  • PEAVEY INVESTMENT COMPANY INC

    C · PROPERTY RENTAL · MS

    Directly controlled by RUSH SERVICE COMPANY INC

  • PHYSICIAN MANAGEMENT SERVICES INC

    C · HEALTHCARE MANAGEMENT · MS

    Directly controlled by PHYSICIAN SERVICES LLC

  • RURAL HEALTHCARE MANAGEMENT INC

    C · HEALTHCARE MANAGEMENT · MS

    Directly controlled by RUSH SERVICE COMPANY INC

  • RUSH SERVICE COMPANY INC

    C · PROPERTY RENTAL · MS

    Directly controlled by RUSH HEALTH SYSTEMS INC OCHSNER RUSH HEALTH

  • SATYR CLINICAL SERVICES INC

    C · MEDICAL SERVICES-INDIGENT CARE · LA

    Directly controlled by OCHSNER CLINIC FOUNDATION

  • THE MEDICAL STORE INC

    C · DURABLE MEDICAL EQUIPMENT SALES · MS

    Directly controlled by RUSH HEALTH SYSTEMS INC OCHSNER RUSH HEALTH

  • THE MERIDIAN ANESTHESIOLOGY GROUP INC

    C · ANESTHESIOLOGY SERVICES · MS

    Directly controlled by MEDICAL FOUNDATION INC

Provenance

Return type
form_990
Tax year
2024
Filed
14 November 2025
IRS schema version
2024v5.2
Source object
202543219349309749

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