E J & Marjory B S Ourso Family Foundation
- Assets
- $16.3m
- Revenue
- $1.9m
- Investments
- $15.9m
- Employees
- 0
- Location
- Donaldsonville, LA
- Founding
- 11/1995
- Data as of
- 12/2021
- EIN
- 72-1303806
Organization Overview
E J & Marjory B S Ourso Family Foundation is located in Donaldsonville, LA. The organization was established in 1995. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. E J & Marjory B S Ourso 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, E J & Marjory B S Ourso Family Foundation generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 47.4% each year . All expenses for the organization totaled $1.4m during the year ending 12/2021. While expenses have increased by 8.9% 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 2014, E J & Marjory B S Ourso Family Foundation has awarded 218 individual grants totaling $2,613,568. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OPERATION FOR THE BENEFIT OF THE BATON ROUGE AREA FOUNDATION A SEC. 501(C)(3) ORGANIZATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION FOR THE BENEFIT OF THE BATON ROUGE AREA FOUNDATION A SEC. 501(C)(3) ORGANIZATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Davies Vice President | Officer | 5 | $525,017 |
Cathy Leblanc Secretary | Officer | 5 | $0 |
Jesse Arboneaux President, Ceo, Treasurer | Officer | 20 | $0 |
Francis Jumonville Jr Director | Trustee | 5 | $0 |
Edmund Guering Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $530,707 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,345,653 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,880,308 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $323,650 |
| 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 | $17,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $495,513 |
| Fees for services: Other | $20,756 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $400 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,416 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,370,860 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1 |
| Savings and temporary cash investments | $407,423 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $10,489 |
| 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 | $993 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $15,897,048 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $16,315,954 |
| 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 | $4,845 |
| Total liabilities | $4,845 |
| 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 | $16,311,109 |
| Total liabilities and net assets/fund balances | $16,315,954 |
Grants Awarded
Over the last fiscal year, E J & Marjory B S Ourso Family Foundation has awarded $265,000 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
THRIVE FOUNDATION PURPOSE: COMMUNITY SVCS. | $25,000 |
ASCENSION OF OUR LORDST FRANCIS PURPOSE: COMMUNITY SVCS. | $25,000 |
Baton Rouge, LA PURPOSE: RELIGIOUS | $25,000 |
New Orleans, LA PURPOSE: RELIGIOUS | $25,000 |
New Orleans, LA PURPOSE: COMMUNITY SVCS. | $25,000 |
ST GEORGE CATHOLIC CHURCH PURPOSE: RELIGIOUS | $20,000 |
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 |