Lha Foundation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE PRIMARY PURPOSE OF THE LHA FOUNDATION IS TO ADMINISTER HHS GRANTS AND OTHER GRANTS AND CONTRACTS.
- Income
- $2.3 million
- Spending
- $2.4 million
- Spent on programs
- 94%
- Reserves
- 7.3 months of spending
- Largest source of income
- government grants, 91%
- Employees
- 7
- Volunteers
- 0
- Highest pay
- $903,941, secretary/treasurer
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 86 out of 100. Higher than 71% of charities in its peer group (health care, $1m to $10m).
Reserves
28 of 35Spendable reserves would cover 7.3 months of spending.
Debt
20 of 20It owes 13% of what it owns.
Living within its means
8 of 15Spending exceeded income by 2% of income.
Income trend
15 of 15Income rose 13% on the year before.
Spending floor
15 of 1594% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 67% of charities in its peer group (health care, $1m to $10m).
Independent board
25 of 2510 of 11 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (5)
- $1.1 million spent. HHS GRANT - EXPENDITURES RELATED TO A GRANT FOR EMERGENCY PREPAREDNESS. THE FOUNDATION FACILITATES EMERGENCY PREPAREDNESS BETWEEN OTHER GOVERNMENT AGENCIES AND HOSPITALS IN THE STATE.
- $134,423 spent. HQIC - EXPENDITURES RELATED TO A CONTRACT FOR PROVIDING TECHNICAL ASSISTANCE TO RECRUITED HOSPITAL THAT COMMITTED TO THE HOSPITAL QUALITY IMPROVEMENT CONTRACT (HQIC). THE LHA FOUNDATION ADMINISTERS FUNDS RECEIVED FROM CONVERGENCE HEALTH TO REDUCE HOSPITAL-ACQUIRED CONDITIONS AND READMISSIONS, AS WELL AS IMPROVE OPIOID STEWARDSHIP AND HOSPITAL RESPONSE TO PUBLIC HEALTH EMERGENCIES. FUNDS RECEIVED WERE BASED UPON THE NUMBER OF HOSPITALS RECRUITED AND SUPPORTED.
- $789,645 spent. ASPR: -EXPENDITURES RELATED TO A CONTRACT FOR PROVIDING FUNDING TO HOSPITALS THAT EXECUTED A SUBRECIPIENT AGREEMENT. THE LHA FOUNDATION ADMINISTERS FUNDS RECEIVED FROM THE ASSISTANT SECRETARY FOR PREPAREDNESS RESPONSE (ASPR) FOR ALLOWABLE EXPENDITURES RELATED TO COVID. IN ADDITION TO THE FLOW-THROUGH FUNDING FOR THE HOSPITALS, THE LHA FOUNDATION RECEIVES A 10% ADMINISTRATION FEE FOR THE PROGRAM.
- $208,046 spent. PATIENT SAFETY EXPENSE: EXPENDITURES RELATED TO SUPPORTING THE LOUISIANA ALLIANCE FOR PATIENT SAFETY ORGANIZATION PSO INCAND ITS MISSION IN CONDUCTING PATIENT-SAFETY ACTIVITIES.
- OTHER
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since February 1968.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Could it be confused with another charity? Worth knowing.
A much larger organization has a similar name: Folx Foundation Inc (Miami Beach, FL), EIN 86-3600057. If that is the one you meant, check the EIN before giving.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.