Al Copeland Foundation
- Assets
- $422.4k
- Revenue
- $203.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Metairie, LA
- Founding
- 08/2008
- Data as of
- 12/2021
- EIN
- 26-2170932
Organization Overview
Al Copeland Foundation is located in Metairie, LA. The organization was established in 2008. 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. AL Copeland Foundation 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, AL Copeland Foundation generated $203.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $431.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
GRANTMAKING PROGRAM TO SUPPORT VARIOUS CHARITABLE ORGANIZATIONS IN CARRYING OUT THEIR CHARITABLE PURPOSE ESPECIALLY IN THE AREA OF CANCER RESEARCH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE AL COPELAND FOUNDATION ACHIEVES ITS EXEMPT PURPOSE BY DISTRIBUTING FUNDS TO VARIOUS CHARITABLE ORGANIZATIONS IN THE AREA OF HEALTH CARE, AND PROJECTS BENEFITTING THE NEEDY AND THE COMMUNITY AS A WHOLE. SPECIFICALLY, THE AL COPELAND FOUNDATION DISTRIBUTED FUND TO THE LSU HEALTH FOUNDATION IN SUPPORT OF THEIR MISSION FOR CANCER RESEARCH.
THE AL COPELAND FOUNDATION ACHIEVES ITS EXEMPT PURPOSE BY DISTRIBUTING FUNDS TO VARIOUS CHARITABLE ORGANIZATIONS IN THE AREA OF HEALTH CARE, AND PROJECTS BENEFITTING THE NEEDY AND THE COMMUNITY AS A WHOLE. SPECIFICALLY, THE AL COPELAND FOUNDATION RAISED FUNDS TO SEND ESSENTIAL ITEMS TO AREAS IMPACTED BY HURRICANES IN THE LOUSIANA AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alvin C Copeland Jr President | OfficerTrustee | 1 | $0 |
Elizabeth Copeland Secretary/treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $98,881 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $106,286 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $205,167 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$6,890 |
| Net Income from Gaming Activities | $3,848 |
| Net Income from Sales of Inventory | $840 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $202,965 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $407,174 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $20 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,525 |
| Advertising and promotion | $654 |
| Office expenses | $10,453 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $389 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $130 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $63 |
| Insurance | $1,602 |
| All other expenses | $76 |
| Total functional expenses | $431,455 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $422,388 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $32 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $422,420 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $422,420 |
| Total liabilities and net assets/fund balances | $422,420 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Al Copeland Foundation has recieved totaling $28,112.
| Awarding Organization | Amount |
|---|---|
Jewish Communal Fund New York, NY PURPOSE: GENERAL SUPPORT | $25,000 |
Ijn Foundation Inc Madisonville, LA PURPOSE: COMMUNITY SUPPORT | $2,500 |
Whitman Family Foundation Metairie, LA PURPOSE: GENERAL SUPPORT | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $112 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Houston Endowment Inc Houston, TX | $2,683,938,862 | $265,655,014 |
J E And L E Mabee Foundation Inc Midland, TX | $754,241,961 | $130,151,698 |
Rainwater Charitable Foundation Fort Worth, TX | $856,887,520 | $46,265,349 |
Kinder Foundation Houston, TX | $141,449,180 | $60,608,944 |
Rees-Jones Foundation Dallas, TX | $0 | $116,553,438 |
Meadows Foundation Incorporated Dallas, TX | $777,502,701 | $134,484,682 |
Rob And Melani Walton Foundation Bentonviille, AR | $541,056,642 | $120,568,910 |
Amon G Carter Foundation Fort Worth, TX | $464,730,205 | $54,557,293 |
Wend Ii Inc Bentonville, AR | $174,655,774 | $207,303,582 |
Ila-West Gulf Maritime Association Inc Royalty Trust Fund No 1 Houston, TX | $56,716,364 | $36,179,083 |
David Weekley Family Foundation Houston, TX | $132,693,267 | $39,507,010 |
T L L Temple Foundation Lufkin, TX | $464,501,486 | $44,070,137 |