Bayou Community Foundation
- Assets
- $3.6m
- Revenue
- $6.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Houma, LA
- Founding
- 05/2019
- Data as of
- 12/2021
- EIN
- 83-2205950
Organization Overview
Bayou Community Foundation is located in Houma, LA. The organization was established in 2019. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bayou 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, Bayou Community Foundation generated $6.5m in total revenue. All expenses for the organization totaled $3.3m during the year ending 12/2021. While expenses have increased by 118.2% per year over the past 3 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 2019, Bayou Community Foundation has awarded 85 individual grants totaling $661,655. 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
BAYOU COMMUNITY FOUNDATION WAS CREATED TO STRENGTHEN HUMAN SERVICES, EDUCATION/WORKFORCE DEVELOPMENT AND COASTAL PRESERVATION EFFORTS IN LAFOURCHE PARISH, TERREBONNE PARISH AND GRAND ISLE, LOUISIANA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HURRICANE IDA MADE LANDFALL IN THE BAYOU COMMUNITY FOUNDATION SERVICE AREA, CAUSING MASSIVE DESTRUCTION IN LAFOURCHE PARISH, TERREBONNE PARISH, AND GRANDE ISLE. BAYOU COMMUNITY FOUNDATION ACTIVATED ITS BAYOU RECOVERY FUND FOR HURRICANE IDA RELIEF ON AUGUST 27 AND FUNDED GRANTS TO LOCAL NONPROFITS PROVIDED CRITICAL RELIEF AND RECOVERY SERVICES TO RESIDENTS IN NEED.
BAYOU COMMUNITY FOUNDATION AWARDED GRANTS TO 30 NONPROFITS WORKING IN LAFOURCHE, TERREBONNE, AND GRAND ISLE AS PART OF THE FOUNDATION'S 2021 ANNUAL NONPROFIT GRANTS PROGRAM. THE PROGRAM HELPS TO FILL UNMET NEEDS IN THE COMMUNITY RELATED TO HUMAN SERVICES, EDUCATION, WORKFORCE DEVELOPMENT, AND COASTAL ISSUES.
BAYOU COMMUNITY FOUNDATION HOSTED THE THIRD ANNUAL BAYOU REGION CONFERENCE FOR NONPROFITS IN A VIRTUAL FORMAT DUE TO THE COVID-19 PANDEMIC. STAFF AND BOARD MEMBERS FROM 92 LOCAL NONPROFITS AND FOUNDATIONS PARTICIPATED IN ONLINE WORKSHOPS AND DISCUSSIONS FOCUSED ON FUND DEVELOPMENT, GRANT WRITING, AND RESILIENCY PLANNING.
BAYOU COMMUNITY FOUNDATION CONDUCTED AN ONLINE COMMUNITY GIVING EVENT AND DISTRIBUTED FUNDS COLLECTED TO THE PARTICIPATING NONPROFITS LOCATED IN THE BAYOU COMMUNITY SERVICE AREA .
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Henry Lafont President | Officer | 1 | $0 |
Ed Bouterie Secretary/treasurer | Officer | 0.5 | $0 |
Richard Watkins Vice President | Officer | 0.5 | $0 |
Rene David Board Member | Trustee | 0 | $0 |
Alexis Duval Board Member | Trustee | 0 | $0 |
Berwick C Duval Board Member | Trustee | 0 | $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 | $6,529,941 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,529,941 |
| Total Program Service Revenue | $5,028 |
| Investment income | $1,155 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,617 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,537,741 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,278,145 |
| 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 | $47,543 |
| Fees for services: Legal | $3,130 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,585 |
| Office expenses | $10,910 |
| 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 | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $753 |
| All other expenses | $0 |
| Total functional expenses | $3,344,522 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,466,424 |
| Savings and temporary cash investments | $136,563 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,602,987 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $3,515,503 |
| Net assets with donor restrictions | $87,484 |
| 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 | $3,602,987 |
Grants Awarded
Over the last fiscal year, Bayou Community Foundation has awarded $200,000 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
LIFED BY LOVE PURPOSE: TRANSITIONAL HOUSING PROGRAM FOR 25 YOUNG WOMEN AND CHILDREN | $12,000 |
MACDONELL CHILDREN'S SERVICES PURPOSE: LAPTOPS, INTERNET ACCESS FOR STUDENT AND YOUNG ADULT RESIDENTS | $11,000 |
HOPE RESTORED PREGNANCY RESOURCE CENTER PURPOSE: OUTREACH TO LOCAL WOMEN IN CRISIS PREGNANCIES | $11,000 |
CASA OF TERREBONNE PURPOSE: RECRUITMENT AND TRAINING FOR NEW CASA VOLUNTEERS | $10,000 |
CROSSROADS PREGNANCY RESOURCE CENTER PURPOSE: FAMILY VALUES PARENTING PROGRAM | $10,000 |
BUNKHOUSE SHELTER INC PURPOSE: EMERGENCY SHELTER AND HOT MEALS FOR HOMELESS IN TERREBONNE & LAFOURCHE | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 40 grants that Bayou Community Foundation has recieved totaling $4,025,827.
| Awarding Organization | Amount |
|---|---|
Mary & Al Danos Family Foundation Gray, LA PURPOSE: CHARITABLE | $1,040,000 |
Wal-Mart Foundation Bentonville, AR PURPOSE: DISASTER RELIEF AND PREPAREDNESS | $350,000 |
Conrad N Hilton Foundation Westlake Village, CA PURPOSE: TO SUPPORT THE BAYOU RECOVERY FUND FOR HURRICANE IDA RELIEF. | $330,000 |
Baton Rouge Area Foundation Baton Rouge, LA PURPOSE: SUPPORT HURRICANE IDA RELIEF | $298,450 |
Blue Cross And Blue Shield Of Louisiana Foundation Baton Rouge, LA PURPOSE: HURRICANE IDA RECOVERY FUND | $250,000 |
Gheens Foundation Inc Louisville, KY PURPOSE: GENERAL SUPPORT - 3 YEAR GRANT | $200,000 |
Endowment Analysis
| Beg. Balance | $30,722 |
| Earnings | $5,128 |
| Admin Expense | $332 |
| Ending Balance | $35,518 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Texas Association Of Realtors Austin, TX | $94,503,864 | $29,443,210 |
Arlington Convention & Visitors Bureau Inc Arlington, TX | $3,519,065 | $16,656,136 |
Promotional Products Association International Irving, TX | $24,269,680 | $12,861,271 |
Fort Worth Convention And Visitors Bureau Fort Worth, TX | $6,320,777 | $12,812,000 |
Austin Convention And Visitors Bureau Inc Austin, TX | $8,364,471 | $6,830,186 |
Texas Municipal League Austin, TX | $8,928,481 | $7,134,656 |
Greater Austin Chamber Of Commerce Austin, TX | $7,488,664 | $6,719,729 |
Community Development Foundation Tupelo, MS | $26,378,062 | $9,486,414 |
San Antonio Economic Development Foundation San Antonio, TX | $4,503,315 | $6,901,379 |
Abilene Chamber Of Commerce Abilene, TX | $4,194,863 | $4,866,648 |
Greater New Orleans Inc New Orleans, LA | $2,019,283 | $4,542,927 |
Better Business Bureau Of Metropolitan Houston Inc Houston, TX | $4,729,521 | $4,975,179 |