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Foundation For Louisiana

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 203399944 ✦ New orleans, LA ✦ Designated as a 501(c)(3)

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Overview

What is Foundation For Louisiana?

The Foundation For Louisiana, established in 2005 as the Louisiana Disaster Recovery Foundation, is a philanthropic intermediary based in New Orleans, Louisiana. Initially, its focus was on aiding the recovery of Louisiana's communities following Hurricane Katrina. Recognizing the need to address long-standing inequalities, the foundation expanded its programs to include racial justice, climate justice, criminal justice reform, economic opportunity, LGBTQ advocacy, and support for Louisiana's arts and culture. As a philanthropic intermediary, it redirects resources to local projects through grants, regranting, and lending. The foundation also invests in capacity building, conferring training in organizing, advocacy, policy change, leadership, public speaking, and group facilitation to empower community leaders. Collaborative initiatives are also developed with public and private partners to impact change and support public policy initiatives. The mission of the Foundation For Louisiana is to invest in people and practices that work to reduce vulnerability and build stronger, more sustainable communities in Louisiana. The organization supports approximately $2 million worth of organizations and projects annually through its key program areas.


Official website here: www.foundationforlouisiana.org

Is Foundation For Louisiana legitimate?

Foundation For Louisiana is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation For Louisiana submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $737,721
Professional Fundraising Fees: $0
Other Salaries and Wages: $987,870

For more financial information, click here


Official website here: www.foundationforlouisiana.org

What is the mission statement of Foundation For Louisiana?

The Foundation For Louisiana's mission is centered around investing in people and practices that aim to reduce vulnerability and build stronger, more sustainable communities across the state. As a philanthropic intermediary, the foundation redistributes resources to various grassroots projects through grants, regranting, and lending of resources. Each year, the foundation distributes approximately $2 million to support organizations and projects in their key program areas.

In addition to financial support, the foundation also focuses on capacity building by providing training to its partners and grantees, enabling them to effect change in their communities. This is achieved through programs like LEAD and Together, which offer training in organizing, advocacy, policy change, leadership, public speaking, and group facilitation.

Furthermore, the foundation collaborates with public and private partners to impact change, support public policy initiatives, and provide critical fiscal sponsorship and management for external projects and special initiatives. This approach allows the foundation to leverage its resources more effectively and address a broader range of issues affecting communities in Louisiana.


Official website here: www.foundationforlouisiana.org

Who is the CEO of Foundation For Louisiana?

Flozell Daniels Jr is the CEO of Foundation For Louisiana The CEO's salary of Foundation For Louisiana is $165,524 and their total compensation is $178,668.


Official website here: www.foundationforlouisiana.org

What is the revenue of Foundation For Louisiana?

Foundation For Louisiana's revenue in 2023 was $4,845,870.


Official website here: www.foundationforlouisiana.org

Who are the executives of Foundation For Louisiana and what are their salaries?

The average compensation at Foundation For Louisiana during 2023 was $59,503. There are 29 employees at Foundation For Louisiana.

Here are 11 key members and their salaries (Foundation For Louisiana's CEO's salary is $165,524 and their total compensation is $178,668):


Pamela Jenkins (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jainey Bavishi Thru 132023 (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
May T Nguyen (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Ramos (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Halima Leak-Francis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lt General Russel Honore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Flozell Daniels Jr (Ceo)
  • Compensation: $165,524
  • Related: $0
  • Other: $13,144
Charmel Gaulden (Coo)
  • Compensation: $155,866
  • Related: $0
  • Other: $11,804
Maria Cherry Rangel (Director Of Strategic Init)
  • Compensation: $105,811
  • Related: $0
  • Other: $9,378
Dana Delpit (Cfo)
  • Compensation: $117,837
  • Related: $0
  • Other: $20,996
Jamie Schmill (Vice President Of Programs)
  • Compensation: $110,711
  • Related: $0
  • Other: $26,650


Official website here: www.foundationforlouisiana.org

Where can I find the form 990 for Foundation For Louisiana?

Foundation For Louisiana's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.foundationforlouisiana.org

Learn more at the official website: www.foundationforlouisiana.org

Mission Statement of Foundation For Louisiana

The Foundation For Louisiana, established in 2005 after Hurricane Katrina, is a social justice philanthropic intermediary committed to reducing vulnerability and fostering stronger, more sustainable communities across Louisiana. Its mission lies in investing in people and practices that cater to various issues such as racial justice, climate justice, criminal justice reform, economic opportunity, LGBTQ organizing, and supporting Louisiana's vibrant arts and culture. As a philanthropic intermediary, the Foundation redistributes resources to grassroots projects through grants, regranting, and lending of resources. Annually, they distribute around $2 million to support organizations and projects that align with their key program areas.

In addition to financial support, the Foundation builds the capacity of its partners and grantees to effect change in their communities. Their signature programs, LEAD and TOGETHER, provide training in areas like organizing, advocacy, policy change, leadership, public speaking, and group facilitation. These programs aim to equip community leaders with the necessary skills to address challenges related to climate change, police accountability, health disparities, housing access, and more.

Furthermore, the Foundation promotes collaboration by leveraging public and private partners to impact change, support public policy initiatives, and provide critical fiscal sponsorship and management to external projects and special initiatives. By adopting a comprehensive approach that combines financial investment, capacity building, and collaboration, the Foundation For Louisiana aims to contribute to a more equitable and resilient future for Louisiana's most marginalized communities.

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Impact




October, 2024

Foundation For Louisiana plays a crucial role in strengthening communities across the state by addressing systemic vulnerabilities and fostering resilience. By redistributing approximately $2 million annually to grassroots projects, the organization empowers local initiatives focused on racial justice, climate justice, and economic opportunity, significantly benefiting marginalized populations.

Through its investment strategy, Foundation For Louisiana acts as a philanthropic intermediary, ensuring support reaches organizations that often can't access traditional funding avenues. This financial support not only aids in immediate recovery efforts but also contributes to long-term community development.

In addition to funding, Foundation For Louisiana enhances the capacity of community leaders through training programs that cover vital skills such as organizing, advocacy, and public speaking. By equipping individuals with these tools, the organization fosters a new generation of changemakers who can effectively tackle pressing issues, including climate change and social equity.

Furthermore, by collaborating with public and private partners, Foundation For Louisiana drives impactful change initiatives, supports public policy efforts, and provides management for external projects. This collaborative framework amplifies their impact, creating a more interconnected and empowered community landscape in Louisiana.




This information is meant to be a general summary of Foundation For Louisiana. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$4,845,870 (2023)
Expenses
$5,272,832 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $275,439
  • Program Service Revenue: $327,870
  • Gross Receipts: $8,144,623

Assets and Liabilities:

  • Total Assets: $17,167,446
  • Total Liabilities: $5,304,376
  • Net Assets: $11,863,070

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

FISCAL SPONSORSHIP INCOME

Revenue

$327,870

Organization Details

Founding Year

2005

Principal Officer

Charmel Gaulden

NTEE Category

Code: M12 - Public safety

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