NGO Funding Request


The recipient entity's full legal name:  Biomedical Research Foundation of Northwest Louisiana

The recipient entity's physical address:
           2031 Kings Highway, Shreveport, LA 71130

The recipient entity's mailing address (if different):
           PO Box 38050, Shreveport, LA 71133-8050

Type of Entity (for instance, a nonprofit corporation):  Non-Profit Corporation

If the entity is a corporation, list the names of the incorporators:
          Horace R. Ladymon

The last four digits of the entity's taxpayer ID number:  1612

What is the dollar amount of the request?  $4,800,000

What type of request is this?  Capital Outlay Appropriation

Is this entity in good standing with the Secretary of State?  Yes

Provide the name of each member of the recipient entity's governing board and officers:
           ARLENA ACREE
City of Shreveport
Director of Film, Media & Entertainment
505 Travis Street, Suite 200
Shreveport, LA 71101
673-7515
Fax 673-5085
jlacree@bellsouth.net

KRISTEN BROWN
President, Brown Building
1619 Jimmie Davis Highway
Bossier City, LA 71112
318.746.0211
Kristen@brownbuilders.com

LENNIS S. ELSTON, CPA
14007 Ellerbe Road
Shreveport, LA 71115
(318) 797-0370
Richlen01@aol.com

JOHN F. GEORGE, JR., M.D., PRESIDENT & CEO
PO Box 38050
Shreveport, LA 71103
318.716.4105
dbanks@biomed.org

ROY L. GRIGGS
Griggs Enterprise, Inc.
330 Marshall Street, Suite 711
Shreveport, LA 71101
424-9748
Fax 425-2526
roy.griggs@partners.mcd.com

JOHN B. HUSSEY
Partner
Wilkinson Carmody Gilliam & Hussey
910 Pierremont Road, Ste 225
Shreveport, LA 71106
318.861.4635
jbhussey@jbhussey.com

CURTIS R. JOSEPH, JR.
Attorney at Law
Winchell & Joseph, LLC
2124 Fairfield Avenue
Shreveport, LA 71104
(318) 221.1600
Fax – (318) 425.1265
curtis@WJlawfirm.net

BERNARD KIMBLE, Ph.D.
Senior Pastor
Mt. Olive Baptist Church
740 Turner Lane
Shreveport, LA 71106
318.458.6699
bkpreach@aol.com

BILLY MONTGOMERY
Project Coordinator
Bossier Parish Police Jury
P.O. Box 70
204 Burt Blvd.
Benton, LA 71008
965-3388
Fax 965-3703
susanjorden52@gmail.com

BONNIE MOORE
Community Development Director
City of Shreveport
505 Travis Street
Shreveport, LA 71101
673-5900
Fax 673-5944
mooretiffany1@aol.com

TERRY E. MOORE
Senior Financial Advisor
Merrill Lynch
401 Edwards Street, 6th Floor
Shreveport, LA 71101
674-9415
Fax 402-0487
Terry_moore@ml.com

MALCOLM MURCHISON
Chairman
Attorney at Law
Bradley, Murchison, Kelley & Shea LLC
401 Edwards Street, Suite 1000
Shreveport, LA 71101
227-1131
Fax 227-1141
mmurchison@bradleyfirm.com

LINDA C. SELL, CPA
2100 E. 70th Street
Shreveport, LA 71105
798-1987
Fax 798-1985
linda@lindacsellcpa.com

ARTHUR THOMPSON
Vice Chair & Treasurer
Clerk of Council
City of Shreveport
505 Travis Street
Shreveport, LA 71101
673-5262
Fax 673-5270
athompson1941@me.com

W. JUAN WATKINS, M.D.
The Ear, Nose & Throat Center
(retired)
7717 Creswell Rd. #7
Shreveport, LA 71106
(318) 865-7774
Wwatkins14@comcast.net

WILLIE C. WHITE III
Secretary
CEO
David Raines Community Health Center
3041 MLK Jr. Drive
Shreveport, LA 71107
227-3350
Fax 222-2979
wwhite@davidraineschc.org

JAMES D. DEAN, EXECUTIVE VICE PRESIDENT
Biomedical Research Foundation of Northwest Louisiana
2031 Kings Highway
Shreveport, LA 71103
318.716.4111
jddean@biomed.org


Provide a summary of the project or program:
           The Biomedical Research Foundation of Northwest Louisiana (BRF) Center of Molecular Imaging and Therapy (CMIT) was established in 1995 as one of the first full-service imaging centers in the United States. Position Emission Tomography (PET) is a scanning technique that produces images that assist in the very early diagnosis of diseases such as cancer, Alzheimer's, dementia, and heart disease for patients - both private and indigent. BRF is requesting $4,800,000 of capital outlay funds that will be utilized to upgrade and expand equipment at the CMIT. The BRF is committed toward providing a 25% cash match in the amount of $1,600,000. Additionally, the BRF is making a financial investment of $19,000,000 for the construction of the building, equipment, furnishings, and fixtures for the new CMIT facility. Through this major investment, this request to the State will provide 25% of the total investment for this project that will greatly benefit and enhance the LSU Health Shreveport (LSUHS) medical school. The BRF has invested heavily in bringing world renowned scientists from Wake Forest University, Drs. Pradeep and Sudha Garg to Shreveport. They have built a team of national experts in radiochemistry and molecular imaging who have the potential, with the PET imaging and research equipment detailed in this application, to create new, innovative diagnostic and therapeutic radioisotope tracers that can save lives from various diseases. This project will also provide an economic impact, which includes the creation of 50 high paying technology-based jobs, and increased revenue for LSUHS.

What is the budget relative to the project for which funding is requested?:
          Salaries. . . . . . . . . . . . . $0
          Professional Services. . . $0
          Contracts . . . . . . . . . . . $0
          Acquisitions . . . . . . . . . $4,800,000
          Major Repairs . . . . . . . $0
          Operating Services. . . . $0
          Other Charges. . . . . . . $0

Does your organization have any outstanding audit issues or findings?  No

If 'Yes' is your organization working with the appropriate governmental agencies to resolve those issues or findings?
          Not Applicable

What is the entity's public purpose, sought to be achieved through the use of state monies?
          To pioneer a knowledge-based regional economy by cultivating and attracting life science enterprises and related technologies.

We will promote and develop:
o Private and public support and collaboration for a knowledge-based economic development strategy.

o InterTech Park as a suitable physical environment for life science enterprises and related technologies.

o Capacities and accomplishments, in collaboration with and support, of LSU Health Sciences Center in Shreveport.

o Human resources and the regional knowledge base via K-12, higher education and technical/professional training programs.

o Support and resources for technology and business innovation, with people, research, facilities, and funding.

In fulfilling its mission, the Foundation implements the following programs:

• InterTech Science Park in Shreveport, an 800-acre urban brownfield, smart growth initiative located in the aging industrial core of Shreveport. The resident companies represent pharmaceutical, digital and entertainment media, drug discovery, venture capital support, and environmental industries. Included in InterTech is the Virginia K. Shehee Biomedical Research Institute, a 160,000 square foot, $37 million research facility with 56 laboratories where 200 investigators and technicians from LSU Health Shreveport conduct basic research.

• EDVentures: STEM education and technology-based workforce development through ten (10) programs serving 4,000 students in Caddo, Bossier and DeSoto parishes each year.

• University Health System, since October 1, 2013, the former LSU Health Shreveport and E.A. Conway (Monroe, LA) public hospitals managed by the BRF nonprofit umbrella, thereby retaining $834 million in regional economic impact and 3,200 jobs. Distinguished programs include: the region’s only Tier 1 Trauma Center, Centers of Excellence including Feist-Weiller Cancer Center and the Center for Arthritis and Rheumatology, and one of only six hospitals in the nation affiliated with St. Jude Children’s Research Hospital.

• Center for Molecular Imaging and Therapy, formerly the PET Imaging Center, which provides PET/CT imaging capabilities to diagnose and treat disease, produce and distribute radiopharmaceuticals to the region, conduct clinical trials, and offer research facilities and expertise for LSU Health Shreveport and other institutions and scientists.

• Digital Media Institute at InterTech (DMII), established in 2014, is a center for training in animation, visual effects and interactive content, gaming, web and mobile programming, 3D printing, and industrial design to meet increasing demand regionally and nationally for talent and expertise.

• Entrepreneurial Acceleration Program, launched in 2014, is a suite of services and initiatives to grow the regional innovation ecosystem, including mentoring, business planning, due diligence and entrepreneur development programs. BRF is the managing member of the New Louisiana Angel Fund 1, launched in 2014, which provides access to investors for high-growth startups and young companies.

• Office for Research Development and Administration (ORDA), established in 2015, to pursue new initiatives and provide support for the conduct of clinical trials.


What are the goals and objectives for achieving such purpose?
          With our programs, such as the Center for Molecular Imaging and Therapy(CMIT) which seek to save lives through the diagnosis and treatment of disease, the BRF operates as a catalyst to expand and develop research, entrepreneurship, and high growth ventures in our region.

What is the proposed length of time estimated by the entity to accomplish the purpose?
           1 year

If any elected or appointed state official or an immediate family member of such an official is an officer, director, trustee, or employee of the recipient entity who receives compensation or holds any ownership interest therein:
     (a) If an elected or appointed state official, the name and address of the official and the office held by such person:
                 N/A
    
     (b) If an immediate family member of an elected or appointed state official, the name and address of such person; the name, address, and office of the official to whom the person is related; and the nature of the relationship:
                 N/A

     (c) The percentage of the official's or immediate family member's ownership interest in the recipient entity, if any:
                 N/A

     (d) The position, if any, held by the official or immediate family member in the recipient entity:
                  N/A

If the recipient entity has a contract with any elected or appointed state official or an immediate family member of such an official or with the state or any political subdivision of the state:
(a) If the contract is with an elected or appointed state official, provide the name and address of the official and the office held by such person: 
               N/A

(b) If the contract is with an immediate family member of an elected or appointed state official:
          Provide the name and address of such person:
               N/A

          Provide the name, address, and office of the official to whom the person is related:
                N/A

          What is the nature of the relationship?  N/A

(c) If the contract is with the state or a political subdivision of the state, provide the name and address of the state entity or political subdivision of the state:
                 N/A

(d) The nature of the contract, including a description of the goods or services provided or to be provided pursuant to the contract:
               N/A


Contact Information
name:  John F. George, Jr., MD 
                                       address:  PO Box 38050, Shreveport, LA 71133-8050
                                       phone:  318.716.4105
                                       fax:  318.716.4120
                                       e-mail:  dbanks@biomed.org
                                       relationship to entity:  President & CEO