Foundation For Louisiana
- Assets
- $13.8m
- Revenue
- $9.4m
- Investments
- $8.9m
- Employees
- 36
- Location
- Baton Rouge, LA
- Founding
- 09/2005
- Data as of
- 06/2021
- EIN
- 20-3399944
Organization Overview
Foundation For Louisiana is located in Baton Rouge, LA. The organization was established in 2005. According to its NTEE Classification (M12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. As of 06/2021, Foundation For Louisiana employed 36 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation For Louisiana is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Foundation For Louisiana generated $9.4m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 24.7% each year . All expenses for the organization totaled $8.9m during the year ending 06/2021. While expenses have increased by 28.6% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Foundation For Louisiana has awarded 310 individual grants totaling $14,156,593. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE FOUNDATION FOR LOUISIANA IS TO INVEST IN PEOPLE AND (CONTINUED ON SCHEDULE O) PRACTICES THAT WORK TO REDUCE VULNERABILITY AND BUILD STRONGER, MORE SUSTAINABLE COMMUNITIES STATEWIDE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOUNDATION FOR LOUISIANA (FFL) IS A SOCIAL JUSTICE PHILANTHROPIC INTERMEDIARY FOUNDED IN 2005 AS THE LOUISIANA DISASTER RECOVERY FOUNDATION TO INVEST IN THE IMMEDIATE RECOVERY OF LOUISIANA'S COMMUNITIES AFTER HURRICANE KATRINA. WHILE FFL WAS FOUNDED IN THE WAKE OF HURRICANE KATRINA, OUR FOUNDERS RECOGNIZED THE NEED TO ADDRESS THE LONGSTANDING INEQUITIES THAT HAVE SHAPED LIFE OUTCOMES FOR THE MOST MARGINALIZED OF LOUISIANANS. OUR PROGRAMS GREW IN RESPONSE TO THESE NEEDS, AND TODAY FFL FOCUSES ON RACIAL JUSTICE, CLIMATE JUSTICE, CRIMINAL JUSTICE REFORM, ECONOMIC OPPORTUNITY, LGBTQ ORGANIZING, AND SUPPORT FOR LOUISIANA'S VIBRANT ARTS AND CULTURE VIA: (1) INVESTMENT: AS A PHILANTHROPIC INTERMEDIARY, WE REDISTRIBUTE RESOURCES TO ON THE GROUND PROJECTS THROUGHOUT LOUISIANA, THROUGH (CONTINUED ON SCHEDULE O) GRANTS, REGRANTING, AND LENDING RESOURCES TO ON THE GROUND PROJECTS MANY OF WHOM CAN'T ACCESS TRADITIONAL PHILANTHROPY. EACH YEAR, FFL REDISTRIBUTES APPROXIMATELY $2 MILLION TO SUPPORT ORGANIZATIONS AND PROJECTS THROUGHOUT LOUISIANA IN OUR KEY PROGRAM AREAS. (2)POWER BUILDING: WE BUILD THE CAPACITY OF OUR PARTNERS AND GRANTEES TO EFFECT CHANGE IN THEIR COMMUNITIES. OUR SIGNATURE PROGRAMS, LEAD AND TOGETHER, CONVENE EMERGING AND EXPERIENCED COMMUNITY LEADERS TO PROVIDE TRAINING RELATED TO ORGANIZING, ADVOCACY, POLICY CHANGE, LEADERSHIP, PUBLIC SPEAKING, AND GROUP FACILITATION THAT INCREASES THEIR CAPACITY TO TACKLE ISSUES OF CLIMATE CHANGE, POLICE ACCOUNTABILITY, HEALTH DISPARITIES, HOUSING ACCESS, AND MORE. (3)COLLABORATION: WE DEVELOP COLLABORATIVE INITIATIVES THROUGH LEVERAGING PUBLIC AND PRIVATE PARTNERS TO IMPACT CHANGE, SUPPORT PUBLIC POLICY INITIATIVES, AND PROVIDE CRITICAL FISCAL SPONSORSHIP AND MANAGEMENT TO EXTERNAL PROJECTS AND SPECIAL INITIATIVES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Flozell Daniels Jr CEO | Officer | 40 | $195,030 |
Charmel Gaulden COO | Officer | 40 | $129,776 |
Dana Delpit CFO | Officer | 40 | $102,496 |
Maria Cherry Rangel Director Of Strategic Init | Officer | 40 | $89,282 |
Jamie Scmill Vice President Of Programs | Officer | 40 | $30,228 |
Alfredo Cruz Vice President Of Programs | Officer | 40 | $29,014 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Converge Consulting Llc Coordination Of Gno Funder's Network (Fi | 6/29/21 | $379,365 |
Spears Consulting Group Llc Management And Technical Consulting Serv | 6/29/21 | $120,350 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $150,911 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,093,017 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,243,928 |
| Total Program Service Revenue | $718,147 |
| Investment income | $162,033 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $305 |
| Net Gain/Loss on Asset Sales | $290,897 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,417,372 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,742,390 |
| Grants and other assistance to domestic individuals. | $315,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $630,525 |
| Compensation of current officers, directors, key employees. | $174,375 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $835,494 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $147,176 |
| Payroll taxes | $104,990 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $153,349 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $31,829 |
| Fees for services: Other | $316,840 |
| Advertising and promotion | $95,404 |
| Office expenses | $359,627 |
| Information technology | $65,428 |
| Royalties | $0 |
| Occupancy | $91,495 |
| Travel | $12,860 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $10,056 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,445 |
| Insurance | $10,384 |
| All other expenses | -$41,446 |
| Total functional expenses | $8,922,794 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,280,712 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $462,836 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $8,354 |
| Net Land, buildings, and equipment | $3,027 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $8,865,370 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,186,862 |
| Total assets | $13,807,161 |
| Accounts payable and accrued expenses | $215,760 |
| Grants payable | $288,051 |
| Deferred revenue | $250,000 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $3,221,030 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $431,903 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $28,822 |
| Total liabilities | $4,435,566 |
| Net assets without donor restrictions | $791,318 |
| Net assets with donor restrictions | $8,580,277 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $13,807,161 |
Grants Awarded
Over the last fiscal year, Foundation For Louisiana has awarded $5,742,390 in support to 61 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: DONOR ADVISED FUND | $4,039,413 |
New Orleans, LA PURPOSE: GENERAL OPERATIONS | $174,584 |
New Orleans, LA PURPOSE: GENERAL OPERATIONS | $87,167 |
New Orleans, LA PURPOSE: GENERAL OPERATIONS | $85,000 |
VOICES OF THE EXPERIENCED PURPOSE: GENERAL OPERATIONS | $80,000 |
New Orleans, LA PURPOSE: GENERAL OPERATIONS | $52,500 |
Grants Recieved
Over the last fiscal year, we have identified 40 grants that Foundation For Louisiana has recieved totaling $4,833,578.
| Awarding Organization | Amount |
|---|---|
David And Lucile Packard Foundation Los Altos, CA PURPOSE: ORGANIZATIONAL EFFECTIVENESS | $546,000 |
Conrad N Hilton Foundation Westlake Village, CA PURPOSE: TO SUPPORT IMPLEMENTATION OF THE NEW ORLEANS YOUTH MASTER PLAN. | $500,000 |
Wal-Mart Foundation Bentonville, AR PURPOSE: DISASTER RELIEF AND PREPAREDNESS | $500,000 |
Kresge Foundation Troy, MI PURPOSE: PROJECT SUPPORT FOR A RECOVERY AND RESILIENCE FUND IN SUPPORT OF LOUISIANA'S BLACK, INDIGENOUS AND OTHER ARTISTS AND CULTURE BEARERS OF COLOR. | $250,000 |
New Venture Fund Washington, DC PURPOSE: INTERNATIONAL DEVELOPMENT AND FOREIGN AFFAIRS | $250,000 |
Kresge Foundation Troy, MI PURPOSE: PROJECT SUPPORT FOR A RECOVERY AND RESILIENCE FUND IN SUPPORT OF LOUISIANA'S BLACK, INDIGENOUS AND OTHER ARTISTS AND CULTURE BEARERS OF COLOR. | $250,000 |
Endowment Analysis
| Beg. Balance | $3,592,248 |
| Earnings | $801,374 |
| Other Expense | $300,000 |
| Ending Balance | $4,093,622 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Foundation For Louisiana Baton Rouge, LA | $13,807,161 | $9,417,372 |
Ascend Cares Foundation Houston, TX | $948,154 | $1,549,131 |
Lincoln Charities Inc Dallas, TX | $2,563,846 | $234,050 |
Americas Defenders Foundation McKinney, TX | $79,712 | $214,669 |
Tscra Disaster Relief Fund Fort Worth, TX | $54,761 | $0 |
Texas Peace Officer Memorial Ride Midlothian, TX | $3,796 | $0 |
Fulbright & Jaworski Foundation Houston, TX | $68,288 | $0 |
Iuec Local 16 Flood Relief Fund Metairie, LA | $3,677 | $0 |
Bellaire Police And Fire Foundation Houston, TX | $279,084 | $0 |
Volunteer Firemans Association Pasadena, TX | $288,512 | $140,622 |
Safer Dallas Better Dallas Dallas, TX | $287,809 | $111,874 |
Us Renal Care Employee Relief Foundation Plano, TX | $493,713 | $0 |