Overview
What is Foundation For A Better Louisiana?
The Foundation For A Better Louisiana is a nonprofit organization situated in Baton Rouge, Louisiana. Their primary focus is on fostering educational, economic, and trade research, maintaining a research library, and aiding in the development of future community leaders. By doing so, they aim to bridge political, social, and ideological divides, promoting ideas that enhance Louisiana's overall well-being. The foundation's activities are centered around educational programs, with the ultimate goal of recognizing opportunities for progress in the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
The Foundation For A Better Louisiana holds a strong 94% rating from Charity Navigator, indicating a high level of accountability and financial health. This score is particularly noteworthy as it is derived entirely from the Accountability & Finance beacon, showcasing the organization’s commitment to transparency and responsible financial management.
Strengths of the foundation include its completely independent board, consisting of 31 members, and a robust set of policies that govern conflicts of interest, whistleblower protections, and document retention. The organization has demonstrated an impressive program expense ratio of 100%, meaning that all its expenses directly support its mission, which is a significant indicator of operational efficiency.
While the foundation has achieved an excellent score in all evaluated aspects, there are no noted limitations in the available data. The absence of material diversion of assets further reinforces its reliability as a nonprofit organization. Overall, the Foundation For A Better Louisiana exemplifies effective governance and financial prudence.
This AI summary has been generated from information found on Charity Navigator.
Is Foundation For A Better Louisiana legitimate?
Foundation For A Better Louisiana is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation For A Better 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.
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What is the mission statement of Foundation For A Better Louisiana?
The Foundation For A Better Louisiana promotes ideas that enhance the overall well-being of Louisiana, transcending political, social, and ideological barriers. Their mission is accomplished through various educational programs, research initiatives, and resources. The organization conducts educational, economic, and trade research, maintains a research library, and assists in educating current and future community leaders about the intricate issues that impact Louisiana, thereby recognizing opportunities to advance progress.
Who is the CEO of Foundation For A Better Louisiana?
Thomas Barry Erwin is the Director of Foundation For A Better Louisiana.
What is the revenue of Foundation For A Better Louisiana?
Foundation For A Better Louisiana's revenue in 2022 was $107,688.
Who are the executives of Foundation For A Better Louisiana and what are their salaries?
Here are 32 key members and their salaries:
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Where can I find the form 990 for Foundation For A Better Louisiana?
Foundation For A Better Louisiana's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Foundation For A Better Louisiana
The Foundation for a Better Louisiana, abbreviated as FBLa, is an organization dedicated to promoting ideas that benefit Louisiana, transcending political, social, and ideological boundaries. Its mission is primarily focused on educational programs. The foundation engages in educational, economic, and trade research, striving to gather and disseminate information that can aid in the understanding of the complex issues shaping Louisiana. Furthermore, FBLa maintains a research library, serving as a valuable resource for both current and future community leaders. By providing access to this wealth of knowledge, the foundation empowers these leaders to recognize opportunities for progress and contribute positively to the development of the state.
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Impact
October, 2024
The Foundation For A Better Louisiana has a significant impact through its dedication to educational programs aimed at fostering a deeper understanding of the complex issues facing the state. By focusing on educational, economic, and trade research, the organization provides valuable resources and insights that help present and future community leaders navigate Louisiana's challenges and opportunities.
Its research library serves as a vital repository of knowledge, supporting informed decision-making and promoting critical dialogue among diverse stakeholders. The Foundation's commitment to promoting ideas that transcend political, social, and ideological boundaries encourages collaboration and unity in pursuing the betterment of the state.
Ultimately, the Foundation cultivates informed leadership that is equipped to drive community improvement, ensuring that Louisiana continues to progress and thrive in the face of its unique challenges.
This information is meant to be a general summary of Foundation For A Better 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $38
- Program Service Revenue: $63,600
- Gross Receipts: $107,688
Assets and Liabilities:
- Total Assets: $235,162
- Total Liabilities: $14,091
- Net Assets: $221,071
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ANNUAL MEETING REGISTRATION
Revenue
$35,500
LEADERSHIP SPONSORS
Revenue
$20,500
LEADERSHIP TUITION
Revenue
$6,000
CONTRIB-MEMORIAL FD-MILLER
Revenue
$1,600
Organization Details
Founding Year
1962
Phone
(225) 344-2225Principal Officer
Thomas Barry Erwin
Main Address
PO BOX 4308, BATON ROUGE, LA, 70821
NTEE Category
Code: S31Z - Community improvement
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