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Nonprofiteer
← THE GREATER NEW ORLEANS FOUNDATION

Form 990 for tax year 2024

Filed by THE GREATER NEW ORLEANS FOUNDATION.

Totals

Total revenue
$67,571,509
Total expenses
$50,400,068
Contributions and grants received
$37,823,879
Grants paid
$39,500,406
Program service revenue
$1,056,486
Investment income
$28,671,528
Other revenue
$19,616
Total assets, end of year
$513,035,485
Total liabilities, end of year
$4,915,746
Net assets or fund balances, end of year
$508,119,739
Program services expenses (Part IX)
$46,308,403
Management and general expenses
$2,454,467
Fundraising expenses
$1,637,198
Program service expenses (Part III)
$46,308,403

Program services were 91.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1d · Related organizations

    $209,913

  • 1e · Government grants (contributions)

    $9,237

  • 1f · All other contributions, gifts and grants

    $37,604,729

  • 1g · Noncash contributions included above

    $17,070,717

  • 2a · Program service revenue: ADMINISTRATIVE FEES

    total $1,003,143 · related or exempt $1,003,143

  • 2b · Program service revenue: TRAINING FEES

    total $27,915 · related or exempt $27,915

  • 2c · Program service revenue: WORKFORCE INNOVATION

    total $25,428 · related or exempt $25,428

  • 3 · Investment income

    total $8,377,214 · unrelated business -$223,351 · excluded $8,600,565

  • 5 · Royalties

    total $3,473 · excluded $3,473

  • 6a · Gross rents

    real property $7,995

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $7,995

  • 6d · Net rental income or loss

    total $7,995 · excluded $7,995

  • 7a · Gross sales of assets other than inventory

    securities $243,976,139

  • 7b · Less cost or other basis and sales expenses

    securities $223,681,825

  • 7c · Gain or loss

    securities $20,294,314

  • 7d · Net gain or loss

    total $20,294,314 · excluded $20,294,314

  • 11a · Other revenue: FORFEITURES

    total $6,820 · excluded $6,820

  • 11b · Other revenue: CLASS ACTION SETTLEMEN

    total $1,328 · excluded $1,328

  • 11e · Other revenue, total

    $8,148

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $39,492,006 · program services $39,492,006

  • 2 · Grants to domestic individuals

    total $8,400 · program services $8,400

  • 5 · Compensation of officers, directors and key employees

    total $1,365,801 · program services $487,493 · management and general $608,686 · fundraising $269,622

  • 7 · Other salaries and wages

    total $2,405,113 · program services $1,259,881 · management and general $568,216 · fundraising $577,016

  • 8 · Pension plan contributions

    total $165,450 · program services $86,558 · management and general $42,924 · fundraising $35,968

  • 9 · Other employee benefits

    total $263,697 · program services $145,358 · management and general $73,903 · fundraising $44,436

  • 10 · Payroll taxes

    total $248,030 · program services $119,826 · management and general $73,419 · fundraising $54,785

  • 11b · Fees: legal

    total $38,129 · program services $8,039 · management and general $30,090

  • 11c · Fees: accounting

    total $82,929 · management and general $82,929

  • 11d · Fees: lobbying

    total $32,625 · management and general $32,625

  • 11f · Fees: investment management

    total $1,252,028 · program services $1,252,028

  • 11g · Fees: other

    total $2,352,056 · program services $2,013,805 · management and general $265,707 · fundraising $72,544

  • 12 · Advertising and promotion

    total $144,238 · program services $674 · management and general $11,913 · fundraising $131,651

  • 13 · Office expenses

    total $56,919 · program services $27,904 · management and general $16,753 · fundraising $12,262

  • 14 · Information technology

    total $480,612 · program services $216,487 · management and general $169,172 · fundraising $94,953

  • 16 · Occupancy

    total $330,419 · program services $170,508 · management and general $91,914 · fundraising $67,997

  • 17 · Travel

    total $139,582 · program services $60,607 · management and general $70,343 · fundraising $8,632

  • 19 · Conferences, conventions and meetings

    total $298,132 · program services $239,935 · management and general $51,122 · fundraising $7,075

  • 22 · Depreciation, depletion and amortization

    total $279,784 · program services $130,963 · management and general $85,020 · fundraising $63,801

  • 23 · Insurance

    total $120,921 · program services $58,871 · management and general $34,485 · fundraising $27,565

  • 24a · Other expenses: BANK & CREDIT CARD FEES

    total $340,496 · program services $320,705 · management and general $19,791

  • 24b · Other expenses: SPECIAL EVENTS & EVENT

    total $175,663 · program services $22,471 · management and general $3,036 · fundraising $150,156

  • 24c · Other expenses: HOUSING PROGRAM EXPENSE

    total $129,896 · program services $129,896

  • 24d · Other expenses: DUES & SUBSCRIPTIONS

    total $85,011 · program services $28,420 · management and general $54,339 · fundraising $2,252

  • 24e · All other expenses

    total $112,131 · program services $27,568 · management and general $68,080 · fundraising $16,483

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $5,705,087 · end of year $6,369,880

  • 2 · Savings and temporary cash investments

    beginning of year $23,127,315 · end of year $21,024,466

  • 3 · Pledges and grants receivable

    beginning of year $2,158,225 · end of year $5,242,661

  • 4 · Accounts receivable

    beginning of year $965,630 · end of year $165,616

  • 7 · Other notes and loans receivable

    beginning of year $24,635,966 · end of year $26,239,701

  • 10a · Land, buildings and equipment: cost or other basis

    $13,541,149

  • 10b · Land, buildings and equipment: accumulated depreciation

    $2,221,023

  • 10c · Land, buildings and equipment, net

    beginning of year $11,594,560 · end of year $11,320,126

  • 11 · Investments: publicly traded securities

    beginning of year $406,849,603 · end of year $442,234,967

  • 15 · Other assets

    beginning of year $544,590 · end of year $438,068

  • 17 · Accounts payable and accrued expenses

    beginning of year $326,820 · end of year $339,176

  • 18 · Grants payable

    beginning of year $460,000 · end of year $2,185,854

  • 25 · Other liabilities

    beginning of year $2,387,929 · end of year $2,390,716

  • 27 · Net assets without donor restrictions

    beginning of year $454,604,325 · end of year $489,740,312

  • 28 · Net assets with donor restrictions

    beginning of year $17,801,902 · end of year $18,379,427

Mission and programs · 2024

Mission

THE GREATER NEW ORLEANS FOUNDATION'S MISSION IS TO ADVANCE CHARITABLE GIVING, STRENGTHEN NONPROFITS, AND LEAD TRANSFORMATIVE CIVIC PROJECTS IN THE 13 PARISH REGION OF SOUTHEAST LOUISIANA. WE SEEK TO CREATE A THRIVING, SUSTAINABLE AND JUST REGION FOR ALL RESIDENTS OF OUR REGION.

Activities or mission (Part I)

THE GREATER NEW ORLEANS FOUNDATION'S MISSION IS TO ADVANCE CHARITABLE (CONT'D ON SCH O)

  • BECAUSE THE FOUNDATION SEEKS TO IMPROVE THE QUALITY OF LIFE FOR ALL, WE PROMOTE PHILANTHROPY AS A CRITICAL RESOURCE FOR EFFORTS TO ADDRESS OUR COMMUNITY'S MOST PRESSING ISSUES. BELOW IS A LISTING OF SOME OF THE FOUNDATION'S MOST IMPORTANT WORK. (CONT'D ON SCH O)

    Expenses $46,308,403 · Grants $39,500,406 · Revenue $1,056,486

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Jeanette M Davis-Loeb

    SECRETARY

    Total calculated
    $0
    Hours/week
    2 + 1 related
  • Shawn M Barney

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Catherine Freeman

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2 + 2 related
  • Hon Brian A Jackson

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • R Foster Duncan

    TREASURER

    Total calculated
    $0
    Hours/week
    2
  • Miriam Wogan Henry

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Katie Crosby

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Roger Ogden

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Nancy Bissinger Timm

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2 + 1 related
  • Bertrand Wilson

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Patricia Weeks

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Andy Wisdom

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • David Barksdale

    CHAIR

    Total calculated
    $0
    Hours/week
    2 + 2 related
  • Lynne Burkart

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2 + 1 related
  • Alex Gershanik

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2 + 2 related
  • Arthur Roger

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Steven W Usdin

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2 + 1 related
  • Cathy Wright Isaacson

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Robert A Bories

    PAST CHAIR

    Total calculated
    $0
    Hours/week
    2 + 1 related
  • Allison Berger Tiller

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Richard Cortizas

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Erica Beck

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • John Hairston

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Jeff Hebert

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Monica Sylvain

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Vanessa Brown Claiborne

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • William M Hammack

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Dennis Lauscha

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Tandra Lemay

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Deanna Rodriguez

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Stephanie November

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Sharonda R Williams

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Andrew Kopplin

    PRESIDENT & CEO

    Total calculated
    $464,329
    From this org
    $406,215
    From related orgs
    $0
    Other
    $58,114
    Hours/week
    40 + 7 related

    Schedule J breakdown matched by us

    Base
    $366,215
    Bonus
    $40,000
    Other
    $0
    Deferred
    $32,860
    Nontaxable benefits
    $25,254
    Filer's total
    $464,329
  • Eric Seling

    VP, FINANCE & OPERATIONS

    Total calculated
    $262,955
    From this org
    $242,371
    From related orgs
    $0
    Other
    $20,584
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $228,571
    Bonus
    $13,800
    Other
    $0
    Deferred
    $20,584
    Nontaxable benefits
    $0
    Filer's total
    $262,955
  • Kellie Chavez-Greene

    VP, PROGRAMS

    Total calculated
    $231,635
    From this org
    $189,852
    From related orgs
    $0
    Other
    $41,783
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $180,352
    Bonus
    $9,500
    Other
    $0
    Deferred
    $16,400
    Nontaxable benefits
    $25,383
    Filer's total
    $231,635
  • Karla Rivera

    CHIEF OF STAFF

    Total calculated
    $217,207
    From this org
    $193,824
    From related orgs
    $0
    Other
    $23,383
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $183,824
    Bonus
    $10,000
    Other
    $0
    Deferred
    $16,400
    Nontaxable benefits
    $6,983
    Filer's total
    $217,207
  • Courtney Thomas

    VP, COMMUNICATIONS & PUBLI

    Total calculated
    $189,676
    From this org
    $167,686
    From related orgs
    $0
    Other
    $21,990
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $161,686
    Bonus
    $6,000
    Other
    $0
    Deferred
    $14,320
    Nontaxable benefits
    $7,670
    Filer's total
    $189,676
  • Sherina Clavier

    DIRECTOR, FINANCE

    Total calculated
    $174,228
    From this org
    $159,994
    From related orgs
    $0
    Other
    $14,234
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $147,494
    Bonus
    $12,500
    Other
    $0
    Deferred
    $13,440
    Nontaxable benefits
    $794
    Filer's total
    $174,228
  • Roy Williams

    DIRECTOR, GRANTMAKING

    Total calculated
    $139,654
    From this org
    $121,951
    From related orgs
    $0
    Other
    $17,703
    Hours/week
    40
  • Kristina Kent

    DIRECTOR, WORKFORCE PROGRA

    Total calculated
    $138,436
    From this org
    $121,445
    From related orgs
    $0
    Other
    $16,991
    Hours/week
    40
  • Daniel Favre

    DIRECTOR, ENVIRONMENTAL PR

    Total calculated
    $134,703
    From this org
    $117,736
    From related orgs
    $0
    Other
    $16,967
    Hours/week
    40
  • Sarah Koenig

    ACCOUNTING MANAGER

    Total calculated
    $136,996
    From this org
    $120,199
    From related orgs
    $0
    Other
    $16,797
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • CHARITABLE REMAINDER TRUST (4)

    T · INVESTMENT · LA

    Directly controlled by GREATER NEW ORLEANS FOUNDATION

Provenance

Return type
form_990
Tax year
2024
Filed
14 November 2025
IRS schema version
2024v5.2
Source object
202523189349313062

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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