Community Foundation Of Southwest Louisiana
- Assets
- $22.3m
- Revenue
- $3.5m
- Investments
- $20.2m
- Employees
- 4
- Location
- Lake Charles, LA
- Founding
- 09/2001
- Data as of
- 12/2019
- EIN
- 72-1508036
Organization Overview
Community Foundation Of Southwest Louisiana is located in Lake Charles, LA. The organization was established in 2001. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Community Foundation Of Southwest Louisiana employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Foundation Of Southwest Louisiana 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 12/2019, Community Foundation Of Southwest Louisiana generated $3.5m 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 (14.7%) each year. All expenses for the organization totaled $2.8m during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Community Foundation Of Southwest Louisiana has awarded 379 individual grants totaling $15,390,160. 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
THE COMMUNITY FOUNDATION OF SOUTHWEST LOUISIANA UNITES HUMAN AND FINANCIAL RESOURCES TO EFFECT PERMANENT, POSITIVE CULTURE CHANGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE COMMUNITY FOUNDATION OF SOUTHWEST LOUISIANA SERVES CALCASIEU, BEAUREGARD, ALLEN, CAMERON, AND JEFFERSON DAVIS PARISHES BY PROVIDING FINANCIAL SUPPORT FOR CHARITABLE, SOCIAL, EDUCATIONAL AND HUMAN SERVICES PROGRAMS. THE FOUNDATION WORKS WITH PHILANTHROPISTS, LETTING THEM LEAVE THEIR GOOD MARK ON THE REGION. WE ASSIST IN FUNDRAISING CAMPAIGNS TO GROW NONPROFIT ENDOWMENTS; PARTNER TO PROVIDE EMERGENCY FUNDING; SUPPORT THE SPECIAL NEEDS OF AFFILIATED AGENCIES AND INSTITUTIONS; AND ADMINISTER LIFETIME AND TESTAMENTARY ENDOWMENTS, TRUSTS AND SUPPORTING FOUNDATIONS THAT IMPROVE THE QUALITY OF LIFE FOR ALL PEOPLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sara Judson President/ceo | Officer | 40 | $103,868 |
Prissy Gayle Secretary | OfficerTrustee | 1 | $0 |
Marshall Simien Vice Chair | OfficerTrustee | 1 | $0 |
Jon Manns Past Chair | OfficerTrustee | 1 | $0 |
Jim Rock Treasurer | OfficerTrustee | 1 | $0 |
Julie Miller Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $43,873 |
| Related organizations | $0 |
| Government grants | $96,200 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,706,108 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,846,181 |
| Total Program Service Revenue | $0 |
| Investment income | $585,938 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $132,779 |
| Net Income from Fundraising Events | -$30,135 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,534,763 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,255,141 |
| 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 | $145,251 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $40,482 |
| Payroll taxes | $11,600 |
| Fees for services: Management | $126,564 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $31,835 |
| Advertising and promotion | $0 |
| Office expenses | $5,759 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $40,144 |
| Travel | $31,738 |
| 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 | $1,699 |
| Insurance | $1,285 |
| All other expenses | $136,451 |
| Total functional expenses | $2,835,749 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $254,817 |
| Savings and temporary cash investments | $1,802,285 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,937 |
| 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 | $0 |
| Net Land, buildings, and equipment | $15,064 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $20,214,198 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $22,288,301 |
| Accounts payable and accrued expenses | $65,513 |
| 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 | $0 |
| Total liabilities | $65,513 |
| Net assets without donor restrictions | $8,434,389 |
| Net assets with donor restrictions | $13,788,399 |
| 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 | $22,288,301 |
Grants Awarded
Over the last fiscal year, Community Foundation Of Southwest Louisiana has awarded $2,289,550 in support to 47 organizations.
| Grant Recipient | Amount |
|---|---|
Baton Rouge, LA PURPOSE: TO SUPPORT THE PORT WONDER PROJECT. | $333,333 |
Americus, GA PURPOSE: FOR HURRICANE LAURA AND DELTA REBUILDING WORK IN SOUTHWEST LOUISIANA. | $255,000 |
Baton Rouge, LA PURPOSE: THE PURPOSE OF THIS GRANT FOR THE SASOL ENDOWMENT FUND. | $166,666 |
Lititz, PA PURPOSE: FOR BUILDING SUPPLIES TO REPAIR HOMES IN IOWA AND THE SURROUNDING AREA AND COMMUNITIES IN JEFF DAVIS PARISH. | $150,000 |
Lake Charles, LA PURPOSE: GENERAL SUPPORT | $149,300 |
Mattapoisett, MA PURPOSE: HURRICANE RELIEF AND RECOVERY | $125,000 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Community Foundation Of Southwest Louisiana has recieved totaling $188,506.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $84,956 |
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $75,000 |
Alcoa Foundation Pittsburgh, PA PURPOSE: HUMANITARIAN AID FOR INDIVIDUALS AND/OR COMMUNITIES IMPACTED BY HURRICANES LAURA AND DELTA IN SOUTHWEST LOUISIANA | $25,000 |
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $3,000 |
Lpl Financial Foundation Inc Boston, MA PURPOSE: OPERATIONAL SUPPORT | $500 |
The Baxter Foundation Deerfield, IL PURPOSE: MATCHING GIFTS GRANT | $50 |
Endowment Analysis
| Beg. Balance | $11,793,524 |
| Earnings | $2,513,263 |
| Admin Expense | $57,777 |
| Net Contributions | $225,342 |
| Other Expense | $706,553 |
| Ending Balance | $13,767,799 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lsu Health Sciences Foundation In Shreveport Shreveport, LA | $312,345,482 | $53,948,217 |
Amarillo Area Foundation Inc Amarillo, TX | $153,231,166 | $11,027,021 |
University Of North Texas Foundation Inc Denton, TX | $307,856,436 | $18,135,985 |
Soi Dog Houston, TX | $2,898,470 | $10,171,466 |
The Livestrong Foundation Austin, TX | $32,201,486 | $2,234,840 |
Adopt A Platoon San Benito, TX | $2,311,218 | $7,326,430 |
Emerge Center Inc Baton Rouge, LA | $1,893,812 | $1,088,912 |
Axia International Spring, TX | $1,284,457 | $5,701,769 |
Shelton Landmark Foundation Dallas, TX | $120,539,366 | $9,909,394 |
Carry The Load Dallas, TX | $2,418,969 | $4,944,762 |
Mission Metroplex Inc Arlington, TX | $42,524,907 | $8,870,339 |
The Crystal Charity Ball Dallas, TX | $41,414,628 | $8,837,838 |