Wallace Landry Family Foundation
- Assets
- $9.4m
- Revenue
- $653.8k
- Investments
- $9.0m
- Employees
- 0
- Location
- New Orleans, LA
- Founding
- 08/2011
- Data as of
- 12/2021
- EIN
- 27-6982577
Organization Overview
Wallace Landry Family Foundation is located in New Orleans, LA. The organization was established in 2011. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Wallace Landry Family 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, Wallace Landry Family Foundation generated $653.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.7% each year . All expenses for the organization totaled $498.5k during the year ending 12/2021. While expenses have increased by 17.8% per year over the past 7 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, Wallace Landry Family Foundation has awarded 169 individual grants totaling $1,815,500. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lynn Lynn Brooks Trustee | 1 | $0 | |
Clare Landry Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $500,000 |
| Interest on Savings | $72 |
| Dividends & Interest | $153,727 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $395,295 |
| Net ST Capital Gain | $420,592 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $653,799 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $69,877 |
| Contributions, gifts, grants paid | $428,600 |
| Total expenses and disbursements | $498,477 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $317,794 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $9,042,773 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $9,360,567 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Wallace Landry Family Foundation has awarded $428,600 in support to 35 organizations.
| Grant Recipient | Amount |
|---|---|
IMMACULATE CONCEPTION JESUIT CHURCH PURPOSE: CONTRIBUTION | $61,500 |
CHRISTIAN BROTHERS SCHOOL PURPOSE: CONTRIBUTION | $50,000 |
New Orleans, LA PURPOSE: CONTRIBUTION | $50,000 |
ST MICAHEL SPECIL SCHOOL PURPOSE: CONTRIBTION | $35,000 |
MOUNT CARMAL HAITI PURPOSE: CONTRIBUTION | $30,000 |
TEAM GLEASON PURPOSE: CONTRIBUTION | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Walton Family Charitable Support Foundation Inc Bentonville, AR | $1,144,906,373 | $82,175,150 |
Nancy Ann Hunt Foundation Dallas, TX | $31,623,544 | $3,101,295 |
Don & Sybil Harrington Foundation Amarillo, TX | $137,610,156 | $21,691,315 |
John G Kenedy Jr Charitable Trust San Antonio, TX | $156,709,366 | $16,142,301 |
Bnsf Foundation Fort Worth, TX | $5,580,534 | $10,145,505 |
Walter S & Evan C Jones Trust Bank Iv Kansas Na Ttee Dallas, TX | $63,158,301 | $11,519,606 |
Thomas M & Helen Mckee & John P Ryan Foundation Inc Fort Worth, TX | $135,188,288 | $6,250,331 |
Charles G Woodward Tr Uw Dallas, TX | $129,576,152 | $18,439,245 |
John G Kenedy Jr Charitable Tr -Surface Estate Tr San Antonio, TX | $47,111,872 | $10,559,440 |
Mccombs Enterprises Flexible Benefit Cafeteria Plan & Trust San Antonio, TX | $5,330,904 | $6,919,349 |
David M Crowley Foundation Dallas, TX | $161,428,863 | $16,560,741 |
El Rosario Charitable Trust Brownsville, TX | $1,099,454 | $4,709,069 |