Attach to Form 990 or Form 990-EZ.
Go to
www.irs.gov/Form990 for instructions and the latest information.
| (i) Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 10 above (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
| (A)
TOURO INFIRMARY |
720423659 | 3 | Yes | 415,146 | 0 | |
| (B)
AMERICAN CANCER SOCIETY INC |
131788491 | 7 | No | 5,000 | 0 | |
|
Total 2
|
420,146 | 0 | ||||
Calendar year
(or fiscal year beginning in)
![]() |
(a) 2018 | (b) 2019 | (c) 2020 | (d) 2021 | (e) 2022 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. | ||||||
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.... | ||||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | ||||||
| 4 | Total. Add lines 1 through 3 | ||||||
| 5 | The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f) .. | ||||||
| 6 | Public support. Subtract line 5 from line 4. | ||||||
Calendar year
(or fiscal year beginning in)
![]() |
(a) 2018 | (b) 2019 | (c) 2020 | (d) 2021 | (e) 2022 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | ||||||
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | ||||||
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | ||||||
| 11 | Total support. Add lines 7 through 10 | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2018 | (b) 2019 | (c) 2020 | (d) 2021 | (e) 2022 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | ||||||
| 2 | Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | ||||||
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513 ..... | ||||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | ||||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge | ||||||
| 6 | Total. Add lines 1 through 5 | ||||||
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons | ||||||
| b | Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year. | ||||||
| c | Add lines 7a and 7b.. | ||||||
| 8 | Public support. (Subtract line 7c from line 6.) | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2018 | (b) 2019 | (c) 2020 | (d) 2021 | (e) 2022 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | ||||||
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | ||||||
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | ||||||
| c | Add lines 10a and 10b. | ||||||
| 11 | Net income from unrelated business activities not included on line 10b, whether or not the business is regularly carried on. | ||||||
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | ||||||
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | ||||||
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
||||
| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
||||
| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e |
Discount claimed for blockage or other factors (explain in detail in Part VI): |
|||||
| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 0.015 of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by 0.035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | 1 | |
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
2 | |
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | 3 | |
| 4 Amounts paid to acquire exempt-use assets | 4 | |
| 5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI) | 5 | |
| 6 Other distributions (describe in Part VI). See instructions | 6 | |
| 7Total annual distributions. Add lines 1 through 6. | 7 | |
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
8 | |
| 9 Distributable amount for 2022 from Section C, line 6 | 9 | |
| 10 Line 8 amount divided by Line 9 amount | 10 | |
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2022 |
(iii) Distributable Amount for 2022 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2022 from Section C, line 6 | ||||
|
2
Underdistributions, if any, for years prior to 2022 (reasonable cause required-- explain in Part VI).
See instructions. |
||||
| 3 Excess distributions carryover, if any, to 2022: | ||||
| a From 2017....... | ||||
| b From 2018....... | ||||
| c From 2019....... | ||||
| d From 2020....... | ||||
| e From 2021....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2022 distributable amount | ||||
|
i
Carryover from 2017 not applied (see instructions) |
||||
| j Remainder. Subtract lines 3g, 3h, and 3i from line 3f. | ||||
| 4Distributions for 2022 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2022 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from line 4. | ||||
|
5
Remaining underdistributions for years prior to 2022, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions. |
||||
|
6
Remaining underdistributions for 2022. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions. |
||||
|
7 Excess distributions carryover to 2023. Add lines 3j and 4c. |
||||
| 8 Breakdown of line 7: | ||||
| a Excess from 2018..... | ||||
| b Excess from 2019..... | ||||
| c Excess from 2020..... | ||||
| d Excess from 2021..... | ||||
| e Excess from 2022..... | ||||
| Facts And Circumstances Test |
|---|
| Return Reference | Explanation |
|---|---|
| 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. |
| Software ID: | |
| Software Version: |
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| 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. |
| Software ID: | |
| Software Version: |