Skip to content
Nonprofiteer
← E J & MARJORY B S OURSO FAMILY FOUNDATION

Form 990 for tax year 2022

Filed by E J & MARJORY B S OURSO FAMILY FOUNDATION.

Totals

Total revenue
$1,403,584
Total expenses
$1,380,735
Contributions and grants received
$0
Grants paid
$357,709
Program service revenue
$0
Investment income
$1,403,316
Other revenue
$268
Total assets, end of year
$16,192,242
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$16,192,242
Program services expenses (Part IX)
$378,992
Management and general expenses
$1,001,743
Fundraising expenses
$0
Program service expenses (Part III)
$378,992

Program services were 27.4% 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.

  • 3 · Investment income

    total $900,895 · excluded $900,895

  • 7a · Gross sales of assets other than inventory

    securities $2,852,437

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

    securities $2,350,016

  • 7c · Gain or loss

    securities $502,421

  • 7d · Net gain or loss

    total $502,421 · excluded $502,421

  • 11a · Other revenue: OTHER INCOME

    total $268 · excluded $268

  • 11e · Other revenue, total

    $268

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $357,709 · program services $357,709

  • 11c · Fees: accounting

    total $15,000 · management and general $15,000

  • 11f · Fees: investment management

    total $504,183 · management and general $504,183

  • 11g · Fees: other

    total $22,824 · program services $21,283 · management and general $1,541

  • 23 · Insurance

    total $2,384 · management and general $2,384

  • 24a · Other expenses: DISTRIBUTION TO BENEFIC

    total $465,852 · management and general $465,852

  • 24b · Other expenses: TAXES PD ON FOREIGN STO

    total $12,753 · management and general $12,753

  • 24c · Other expenses: TAXES, LICENSES, & FEES

    total $30 · management and general $30

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1 · end of year $0

  • 2 · Savings and temporary cash investments

    beginning of year $407,423 · end of year $349,187

  • 4 · Accounts receivable

    beginning of year $10,489 · end of year $3,657

  • 9 · Prepaid expenses and deferred charges

    beginning of year $993 · end of year $993

  • 11 · Investments: publicly traded securities

    beginning of year $6,177,464 · end of year $6,118,821

  • 12 · Investments: other securities

    beginning of year $9,719,584 · end of year $9,719,584

  • 25 · Other liabilities

    beginning of year $4,845 · end of year $0

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $16,311,109 · end of year $16,192,242

Mission and programs · 2022

Mission

A NON-PROFT ORGANIZATION THAT OPERATES PRIMARILY FOR RELIGIOUS, CHARITABLE, MEDICAL, LITERACY, OR EDUCATIONAL PURPOSES

Activities or mission (Part I)

OPERATION FOR THE BENEFIT OF THE BATON ROUGE AREA FOUNDATION A SEC. 501(C)(3) ORGANIZATION

  • OPERATION FOR THE BENEFIT OF THE BATON ROUGE AREA FOUNDATION A SEC. 501(C)(3) ORGANIZATION.

    Expenses $378,992 · Grants $357,709

As filed on the 2022 return.

Listed in Part VII

  • Francis Jumonville Jr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Edmund Giering

    DIRECTOR

    Total calculated
    $286,099
    From this org
    $211,328
    From related orgs
    $0
    Other
    $74,771
    Hours/week
    5

    Schedule J breakdown matched by us

    Base
    $184,692
    Bonus
    $0
    Other
    $26,636
    Deferred
    $45,459
    Nontaxable benefits
    $29,312
    Filer's total
    $286,099

  • Jesse Arboneaux

    PRESIDENT, CEO, TREASURER

    Total calculated
    $0
    Hours/week
    20

  • Cathy Leblanc

    SECRETARY

    Total calculated
    $0
    Hours/week
    5

  • Chris Myer

    VICE PRESIDENT

    Total calculated
    $459,998
    From this org
    $434,790
    From related orgs
    $0
    Other
    $25,208
    Hours/week
    5

    Schedule J breakdown matched by us

    Base
    $337,540
    Bonus
    $86,250
    Other
    $11,000
    Deferred
    $0
    Nontaxable benefits
    $25,208
    Filer's total
    $459,998

  • John Davies

    FORMER VICE PRESIDENT

    Total calculated
    $151,403
    From this org
    $139,471
    From related orgs
    $0
    Other
    $11,932
    Hours/week
    5

    Schedule J breakdown matched by us

    Base
    $123,824
    Bonus
    $0
    Other
    $15,647
    Deferred
    $9,062
    Nontaxable benefits
    $2,870
    Filer's total
    $151,403

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

None.

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.

Provenance

Return type
form_990
Tax year
2022
Filed
27 October 2023
IRS schema version
2022v5.0
Source object
202333039349302658

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

The source document this was parsed from is served over the API, which is where bulk and document access live.