Galatoire Foundation Inc
- Assets
- $134.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New Orleans, LA
- Founding
- 09/2011
- Data as of
- 12/2021
- EIN
- 27-2631766
Organization Overview
Galatoire Foundation Inc is located in New Orleans, LA. The organization was established in 2011. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Galatoire 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, Galatoire Foundation Inc generated $52.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (21.6%) each year. All expenses for the organization totaled $36.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (22.2%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT VARIOUS LOCAL CAUSES AND CULTURAL PROGRAMS THOUGHOUT THE NEW ORLEANS COMMUNITY.
Describe the Organization's Program Activity:
Part 3
TO SUPPORT VARIOUS LOCAL CAUSES AND CULTURAL PROGRAMS THROUGHOUT THE COMMUNITY OF NEW ORLEANS.
TO SUPPORT VARIOUS LOCAL CAUSES AND CULTURAL PROGRAMS THROUGHOUT THE COMMUNITY OF NEW ORLEANS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melvin Rodrigue President | 0 | $0 | |
Leon Galatoire Vice Preside | 0 | $0 | |
Dathel C Georges Secretary | 0 | $0 | |
Tasha Trosclair Director | 0 | $0 | |
Karyn N Kearney Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $52,800 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $52,800 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,133 |
| Total expenses | $36,133 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $134,132 |
| Other assets | $0 |
| Total assets | $134,132 |
| Total liabilities | $0 |
| Net assets or fund balances | $134,132 |
Grants Awarded
Over the last fiscal year, Galatoire Foundation Inc has awarded $50,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
New Orleans, LA | | $25,000 |
New Orleans, LA | | $25,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Galatoire Foundation Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Angel Wings Foundation Metairie, LA PURPOSE: PROGRAM SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Greater Houston Golf Charity The Woodlands, TX | $3,025,396 | $6,171,949 |
Amoud Foundation Irving, TX | $3,623,753 | $6,777,014 |
Rice Re Holdings Iii Houston, TX | $189,919,833 | -$4,482,268 |
Hab Charitable Corporation Fort Worth, TX | $0 | $8,699,388 |
Ssb Charitable Corporation Fort Worth, TX | $58,885,873 | $7,421,686 |
Chive Charities Austin, TX | $275,460 | $2,652,488 |
Teneo Network Inc Austin, TX | $2,908,016 | $4,934,396 |
Marlene Nathan Meyerson Family Foundation Dallas, TX | $607,475 | $1,580,847 |
Webber Family Foundation Austin, TX | $16,109,859 | $1,226,381 |
Bookworm Box Llc Sulphur Springs, TX | $458,059 | $1,085,184 |
George H Dunklin Jr Charitable Foundation Stuttgart, AR | $15,909,080 | $2,491,199 |
Philanthropitch Austin, TX | $128,369 | $996,373 |