Noel Foundation Inc

Organization Overview

Noel Foundation Inc is located in Shreveport, LA. The organization was established in 1972. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Noel Foundation Inc 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 12/2021, Noel Foundation Inc generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 14.6% each year . All expenses for the organization totaled $1.2m during the year ending 12/2021. While expenses have increased by 4.8% 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 2016, Noel Foundation Inc has awarded 75 individual grants totaling $3,380,705. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

DONATION TO RUTH HERRING NOEL ENDOWED SCHOLARSHIP FOR ELEMENTARY EDUCATION AT LOUSIANA STATE UNIVERSITY-SHREVEPORT


MAINTAIN AND IMPROVE EIGHTEENTH CENTURY LIBRARY AT LOUISIANA STATE UNIVERSITY, SHREVEPORT,LOUISIANA


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $94,189
Interest on Savings $60,376
Dividends & Interest $410,372
Net Rental Income$18,450
Net Gain on Sale of Assets $901,809
Capital Gain Net Income $901,809
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $117,109
Total Revenue $1,602,305

Grants Awarded

Over the last fiscal year, Noel Foundation Inc has awarded $826,574 in support to 19 organizations.

Grant RecipientAmount

LSU HEALTH FOUNDATION

PURPOSE: CHARITABLE

$202,500

LOUISIANA STATE UNIVERSITY SHREVEPORT

PURPOSE: EDUCATIONAL

$201,000

SHREVEPORT REGIONAL ARTS COUNCIL

Org PageRecipient Profile

Shreveport, LA

PURPOSE: CHARITABLE

$60,000

SHREVEPORT SYMPHONY ORCHESTRA

PURPOSE: CHARITABLE

$49,800

HIGHLAND CENTER CORP

Org PageRecipient Profile

Shreveport, LA

PURPOSE: CHARITABLE

$43,500

SCI-PORT DISCOVERY CENTER

PURPOSE: CHARITABLE

$36,000
View Grant Profile

Create an account to unlock the data you need.

or