Leona Tate Foundation For Change Inc is located in New Orleans, LA. The organization was established in 2009. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. As of 03/2022, Leona Tate Foundation For Change Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Leona Tate Foundation For Change 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 03/2022, Leona Tate Foundation For Change Inc generated $1.2m in total revenue. All expenses for the organization totaled $437.3k during the year ending 03/2022. While expenses have increased by 22.5% per year over the past 3 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE LEONA TATE FOUNDATION'S MISSION ISTO PROMOTE, IMPROVE, AND ENHANCE RACIAL EQUALITY THROUGH VARIOUS AVENUES OF EDUCATION. TO EMPOWER AND ENRICH OUR COMMUNITIES FROM A SPIRITUAL, MULTICULTURAL, ECONOMICAL, HISTORICAL, AND SOCIAL PERSPECTIVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2009, LEONA TATE CREATED THE LEONA TATE FOUNDATION FOR CHANGE, INC (LTFC) TO CONTINUE EDUCATING ALL PEOPLE ABOUT THE LESSONS OF CIVIL RIGHTS AND MINORITIES? STRUGGLE FOR EQUALITY. LTFC OPERATES WITH THE MISSION: ?TO PROMOTE, IMPROVE AND ENHANCE RACIAL EQUALITY THROUGH VARIOUS AVENUES OF EDUCATION. ?TO EMPOWER AND ENRICH OUR COMMUNITIES FROM A SPIRITUAL, MULTICULTURAL, ECONOMICAL, HISTORICAL AND SOCIAL PERSPECTIVE. THE FOUNDATION IS DEDICATED TO PRESERVING, INTERPRETING AND DISSEMINATING THE STORY OF THE CIVIL RIGHTS STRUGGLE FOR EQUAL EDUCATION IN NEW ORLEANS, BY SHARING THE STORIES OF THE THREE AFRICAN-AMERICAN GIRLS WHO INTEGRATED MCDONOGH #19 IN 1960 AND THOSE WHO HELPED TO MAKE DESEGREGATION A REALITY. LTFC SEEKS TO REACH PEOPLE OF ALL AGES AND ETHNICITIES. DEVOTED TO ITS MISSION, LTFC CELEBRATES THE COURAGE OF ORDINARY PEOPLE IN THE STRUGGLE FOR EQUALITY AND CREATES A SAFE SPACE TO DEVELOP IDEAS AND METHODS TO BUILD A MORE JUST SOCIETY. AFTER OVER TEN YEARS OF PLANNING AND FUNDRAISING, THE LEONA TATE FOUNDATION FOR CHANGE, INC. ACQUIRED MCDONOGH #19 IN JANUARY 2020 WITH THE PRIMARY GOAL OF RESTORING THE HISTORIC PROPERTY AND PROVIDING A PLACE TO EDUCATE THE COMMUNITY ABOUT NEW ORLEANS CIVIL RIGHTS HISTORY. FROM APRIL 2020- MARCH 2021, THE FOUNDATION HAS MANAGED THE CONSTRUCTION AND TRANSITION OF MCDONOGH #19 TO THE TATE ETIENNE & PREVOST (TEP) INTERPRETIVE CENTER. THE TEP CENTER IS A CAMPUS BUILT ON ANTI-RACIST PRINCIPLES, WHERE THE FOUNDATION AND ITS PARTNERS HAVE THE UNIQUE OPPORTUNITY TO BRIDGE CIVIL RIGHTS EXHIBITS AND EDUCATION WITH SOCIAL JUSTICE ADVOCACY IN THE PHYSICAL SPACE WHERE HISTORY HAPPENED. BEYOND THE CONTINUED DEVELOPMENT OF MCDONOGH #19, AS IT TRANSITIONS TO THE TATE, ETIENNE & PREVOST INTERPRETIVE CENTER, IN 2020, THE LEONA TATE FOUNDATION CONTINUED THE DAILY OPERATION OF THE LOWER NINTH WARD LIVING MUSEUM. LTFC ASSUMED THE RESPONSIBILITY OF OPERATING THE LIVING MUSEUM IN 2017. THIS SIX-ROOM HOUSE MUSEUM IS DEDICATED TO SHARING THE NARRATIVES OF LOWER NINTH WARD RESIDENTS AND THE CULTURE THAT MAKES THIS NEW ORLEANS GEM SO SPECIAL. FROM OPENING ITS DOORS IN 2013 UNTIL THE BEGINNING OF THE PANDEMIC, THE LIVING MUSEUM WELCOMED AN AVERAGE OF 18,000 VISITORS PER YEAR. WITH THE OPENING OF THE TEP CENTER SLATED FOR NOVEMBER 2021, LTFC HAS SPENT THE PAST YEAR ADOPTING APPROPRIATE COVID-19 OPERATIONAL PROCEDURES FOR THE CENTER. WITH RESEARCH ON GUIDANCE FROM THE CDC AND EXPERIENCE OPERATING THE LOWER NINTH WARD LIVING MUSEUM, LTFC IS FULLY PREPARED TO OPEN THE TEP CENTER WITH STANDARD SAFETY PROTOCOLS. EVEN WITH THE COVID-19 PANDEMIC, LTFC CONTINUED PROGRAMMING THAT HELPS REACH THE MISSION TO EDUCATE THE PUBLIC ON CIVIL RIGHTS AND HISTORY OF SYSTEMIC RACISM. LTFC CONDUCTED FIVE EDUCATIONAL TEP TALKS AND WAS A PART OF THE CITYWIDE ?60TH ANNIVERSARY PROCLAMATION DAY'' IN NOVEMBER 2020, WHICH COMMEMORATED THE 60TH ANNIVERSARY OF SCHOOL DESEGREGATION IN NEW ORLEANS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Leona Tate Executive Director | Officer | 50 | $17,500 |
Tremaine Knighten-Riley Director | Officer | 50 | $13,750 |
Sarah Bruzzi Secretary | OfficerTrustee | 2 | $0 |
Willie Calhoun Trustee | Trustee | 1 | $0 |
Rebecca Cooper Trustee | Trustee | 1 | $0 |
Arthur Johnson Trustee | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $559,687 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $630,442 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,190,129 |
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 | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,192,412 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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. | $31,249 |
Compensation of current officers, directors, key employees. | $5,833 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $2,390 |
Fees for services: Management | $17,847 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $143 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $234,808 |
Advertising and promotion | $1,481 |
Office expenses | $4,321 |
Information technology | $2,241 |
Royalties | $0 |
Occupancy | $12,690 |
Travel | $1,926 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $7,615 |
All other expenses | $7,670 |
Total functional expenses | $437,273 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,978,950 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $37,500 |
Accounts receivable, net | $31,635 |
Loans from Officers, Directors, or Controlling Persons | $13,682,949 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $10,620 |
Net Land, buildings, and equipment | $1,115,605 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $7,077,735 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $23,934,994 |
Accounts payable and accrued expenses | $736,320 |
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 | $740,000 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $1,900,000 |
Other liabilities | $18,561,234 |
Total liabilities | $21,937,554 |
Net assets without donor restrictions | $483,075 |
Net assets with donor restrictions | $1,514,365 |
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 | $23,934,994 |
Over the last fiscal year, we have identified 2 grants that Leona Tate Foundation For Change Inc has recieved totaling $10,050.
Awarding Organization | Amount |
---|---|
River Network Boulder, CO PURPOSE: RIVER CONSERVATION | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $50 |
Organization Name | Assets | Revenue |
---|---|---|
Texas A & M University 12th Man Foundation College Station, TX | $205,287,780 | $55,896,745 |
Brazos Education Loan Authority Inc Waco, TX | $1,464,923,579 | $48,416,543 |
Brazos Higher Education Authority Inc Waco, TX | $991,731,055 | $31,545,196 |
Terry Foundation Houston, TX | $405,880,401 | $20,877,529 |
At&t Foundation Dallas, TX | $30,306,998 | $4,969 |
Greater Texas Foundation Bryan, TX | $0 | $15,972,442 |
Post Oak School Bellaire, TX | $33,296,853 | $15,447,844 |
Robert G Carr & Nona K Carr Scholarship Foundation San Angelo, TX | $175,014,798 | $4,176,344 |
Abell-Hanger Foundation Midland, TX | $130,201,135 | $12,262,823 |
Higher Education Servicing Corp In Arlington, TX | $44,544,807 | $11,853,938 |
Brazos Higher Education Service Corporation Inc Waco, TX | $152,724,525 | $12,631,577 |
Smart Bowling Scholarship Funding Corporation Arlington, TX | $97,151,764 | $16,570,188 |