Northshore Community Foundation
- Assets
- $35.3m
- Revenue
- $6.7m
- Investments
- $24.6m
- Employees
- 4
- Location
- Covington, LA
- Founding
- 11/2008
- Data as of
- 12/2021
- EIN
- 61-1517784
Organization Overview
Northshore Community Foundation is located in Covington, LA. The organization was established in 2008. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Northshore Community Foundation employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northshore Community 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, Northshore Community Foundation generated $6.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $3.4m during the year ending 12/2021. While expenses have increased by 9.7% 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 2020, Northshore Community Foundation has awarded 111 individual grants totaling $3,256,111. 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
UNITES RESOURCES TO ENHANCE THE QUALITY OF LIFE IN SOUTH LA'S NORTHSHORE REGION THOUGH CHARITABLE GRANTS, PROJECTS & PROGRAMS BENEFITTING THE NEEDY AND COMMUNITY AS A WHOLE.
Describe the Organization's Program Activity:
SERVING THE NORTHSORE REGION CONSISTING OF ST. HELENA, ST. TAMMANY, TANGIPAHOA, AND WASHINGTON PARISHES BY FUNDING VARIOUS AGENCIES, PROJECTS AND PROGRAMS BENEFITTING AND AIDING THE COMMUNITY AS A WHOLE, INCLUDING INVESTING IN RESOURCES, GUIDANCE AND SUPPORT OF PARTNER NON-PROFIT AGENCIES SERVING THE NORTHSHORE COMMUNITY; EMERGENCY RELIEF AND RESPONSE WORK INCLUDING BOTH COVID-19 AND NATURAL DISASTERS; DEVELOPING AND PROMOTING A REGIONAL BRAND AND PRIDE CAMPAIGN; INVESTIGATION PLATFORM FOR THE HEALTH AND WELLNESS OF THE REGION; AND CONTINUED EFFORTS TO SUPPORT THE DIVERSE PASSIONS OF OUR DONORS AND STRENGTHEN OUR COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Bonnett Bourgeois President & CEO | OfficerTrustee | 40 | $165,000 |
Greg Pellegrini Vice Chair | OfficerTrustee | 1 | $0 |
Lisa Wilson Chair | OfficerTrustee | 1 | $0 |
Danny Shaw Secretary | OfficerTrustee | 1 | $0 |
Chris Kenny Treasurer | OfficerTrustee | 1 | $0 |
Maura Donahue Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $222,762 |
| Related organizations | $325,000 |
| Government grants | $150,446 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,647,891 |
| Noncash contributions included in lines 1a–1f | $1,216,386 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,346,099 |
| Total Program Service Revenue | $0 |
| Investment income | $606,447 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $50,548 |
| Net Gain/Loss on Asset Sales | $775,658 |
| Net Income from Fundraising Events | -$53,101 |
| Net Income from Gaming Activities | $21,615 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,747,266 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,491,969 |
| Grants and other assistance to domestic individuals. | $43,725 |
| Grants and other assistance to Foreign Orgs/Individuals | $6,625 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $165,000 |
| Compensation of current officers, directors, key employees. | $49,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $202,360 |
| Pension plan accruals and contributions | $40,374 |
| Other employee benefits | $2,726 |
| Payroll taxes | $26,726 |
| Fees for services: Management | $94,335 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $19,852 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $107,652 |
| Fees for services: Other | $8,073 |
| Advertising and promotion | $8,137 |
| Office expenses | $25,178 |
| Information technology | $9,095 |
| Royalties | $0 |
| Occupancy | $14,312 |
| Travel | $3,344 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $12,674 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $31,363 |
| Insurance | $601 |
| All other expenses | $0 |
| Total functional expenses | $3,437,530 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $201,009 |
| Savings and temporary cash investments | $6,264,195 |
| 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 | $80,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,575 |
| Net Land, buildings, and equipment | $2,744,104 |
| Investments—publicly traded securities | $1,379,648 |
| Investments—other securities | $24,610,759 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $35,281,290 |
| Accounts payable and accrued expenses | $57,124 |
| Grants payable | $11,000 |
| Deferred revenue | $18,000 |
| 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 | $86,124 |
| Net assets without donor restrictions | $10,986,192 |
| Net assets with donor restrictions | $24,208,974 |
| 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 | $35,281,290 |
Grants Awarded
Over the last fiscal year, Northshore Community Foundation has awarded $2,306,827 in support to 65 organizations.
| Grant Recipient | Amount |
|---|---|
New Orleans, LA PURPOSE: SUPPORT OF THE OCHSNER NEUROSCIENCE INSTITUTE CAPITAL CAMPAIGN, THE OCHSNER EMPLOYEE ASSISTANCE FUND, AND GENERAL SUPPORT | $520,000 |
New Orleans, LA PURPOSE: SUPPORT KITCHEN AND DINING ROOM RENOVATIONS | $300,000 |
New Orleans, LA PURPOSE: SUPPORT AMERICAN SPIRIT AWARDS, HURRICANE IDA RESPONSE FUND, SUPPORT PURCHASE OF MAGAZINE STREET PROPERTY, SUPPORT THE PATRIOT'S CIRCLE, AND GENERAL SUPPORT | $124,000 |
POPE JOHN PAUL II HIGH SCHOOL PURPOSE: PROVIDE FUNDS FOR IMPROVEMENTS OF LIBRARY TO CREATE INDOOR AND OUTDOOR LEARNING SPACES | $115,000 |
Baton Rouge, LA PURPOSE: PROVIDE SUPPLIES SUCH AS WATER, MEALS, TARPS, GENERATORS, GAS AND SUPPORT THE IMMEDIATE NEEDS OF SHELTER TO EVACUEES AND LOCALS WHO HAVE LOST THEIR HOMES IN TANGIPAHOA AND ST. HELENA PARISHES DUE TO HURRICANE IDA | $115,000 |
ST TAMMANY PARISH DEVELOPMENT DISTRICT PURPOSE: SUPPORT WORK ON PROSPECT DEVELOPMENT PROJECTS, PROVIDE FUNDS FOR MAINTENANCE OF OFFICE SPACE, SUPPORT OF A CYBERSECURITY ASSESSMENT, PROVIDE MATCHING FUNDS FOR US EDA GRANT TO STIMULATE INDUSTRIAL AND COMMERCIAL GROWTH, SUPPORT THE DEVELOPMENT, DRAFTING AND IMPLEMENTATION OF MICRO-PILOT PROGRAM, SUPPORT THE NORTHSHORE RESILIENCY COLLABORATIVE INITIATIVE, AND GENERAL SUPPORT | $88,841 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Northshore Community Foundation has recieved totaling $737,161.
| Awarding Organization | Amount |
|---|---|
Blue Cross And Blue Shield Of Louisiana Foundation Baton Rouge, LA PURPOSE: HURRICANE IDA RESPONSE | $250,000 |
The Bessemer Giving Fund Woodbridge, NJ PURPOSE: GENERAL SUPPORT | $225,000 |
Baton Rouge Area Foundation Baton Rouge, LA PURPOSE: SUPPORT CASE MANAGEMENT WORK FOR CATHOLIC CHARITIES | $100,000 |
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $60,000 |
Centene Charitable Foundation St Louis, MO PURPOSE: HURRICANE IDA RECOVERY | $50,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $18,561 |
Endowment Analysis
| Beg. Balance | $494,424 |
| Earnings | $21,589 |
| Admin Expense | $491 |
| Net Contributions | $106,140 |
| Grants | $15,263 |
| Ending Balance | $606,399 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
John L Santikos Charitable Foundation San Antonio, TX | $496,690,264 | -$37,218,989 |
Barbara Bush Houston Literacy Foundation Houston, TX | $10,679,389 | $4,314,808 |
San Jacinto Community College Foundation Pasadena Texas Pasadena, TX | $44,430,086 | $3,138,772 |
Northshore Community Foundation Covington, LA | $35,281,290 | $6,747,266 |
Cardwell Foundation El Paso, TX | $19,559,398 | $1,253,367 |
Boys And Girls Club Of Benton County Bentonville, AR | $4,739,597 | $3,092,938 |
Highland Dallas Foundation Inc Dallas, TX | $58,559,322 | $4,564,179 |
Tarrant County College Foundation Fort Worth, TX | $35,706,902 | $3,034,806 |
William C Schumacher Family Foundation Lafayette, LA | $29,256,069 | $1,867,606 |
Charitable Holdings Ii Austin, TX | $3,026,494 | $996,055 |
Ntfb - Perot Family Campus Plano, TX | $22,905,162 | $1,242,000 |
Northeast Mississippi Community College Development Foundation Inc Booneville, MS | $9,147,275 | $6,327,206 |