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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Pennington Medical Foundation

Pennington Medical Foundation

Fiscal year ending 2020. Filed on November 12, 2021.

6400 Perkins Road
Baton Rouge, Louisiana 70808

Pennington Medical Foundation (EIN: 72-0883155) has filed an IRS Form 990 between fiscal years 2016 and 2023. In its fiscal year 2020 IRS Form 990 filing, Pennington Medical Foundation, a 501(c)(3) charitable organization, reported compensation for 4 employees. Among the employees shown here, the average compensation is $474,533. The highest compensated employee at Pennington Medical Foundation is Thomas Gilligan with fiscal year 2020 compensation of $595,000.

Revenue, expenses, and employee compensation

Revenue

$37,282

Expenses

$117,493

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Thomas Gilligan
Trustee
$595,000
$0 $595,000 No other comp
Dr John Kirwan
ex officio
$469,230
$0 $469,230 No other comp
Dr William B Richardson
Trustee
$359,368
$0 $359,368 No other comp
William Hodgkins
Secretary
$0

Benchmark Employee Compensation

Non-Employee Board Members

Brad Jewell
CEO Through 11/23/2020
Charles Lamar
Trustee
Claude B Pennington III
Trustee
Daryl B Pennington Sr
Trustee
Dr Christel C Slaughter
Trustee
Dr Larry Hollier
Trustee
G Lee Griffin
Trustee
Jake L Netterville
Vice Chair and Trustee
Paula Pennington de la Bretonne
Chair and Trustee
Raymond G Post
Trustee
Richard Lipsey
Trustee

Mission Statement

THE 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, A CAMPUS OF THE BOARD OF SUPERVISORS OF LOUISIANA STATE UNIVERSITY AGRICULTURAL AND MECHANICAL COLLEGE, BY PROVIDING CAPITAL AND SEED FUNDING, AND SUPPORTS THE DEVELOPMENT AND EXPANSION OF THE CENTER AND ITS PROGRAMS.

Revisions to this organization profile

June 2, 2025:
2023 Pennington Medical Foundation 990 filed
November 15, 2023:
2022 Pennington Medical Foundation 990 filed
November 15, 2022:
2021 Pennington Medical Foundation 990 filed

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