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The Greater New Orleans Foundation

New Orleans, LA · EIN 72-0408921 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

The Greater New Orleans Foundation reported $67.6 million in revenue and $50.4 million in expenses for calendar year 2024. Of every $100 it spent, $91.88 went to program services, $4.87 to management and general costs and $3.25 to fundraising. Its largest source of revenue was contributions and grants: 56.0% of the total. The highest compensation it reported for one person was $464,329 (PRESIDENT & CEO). 11 people received more than $100,000 in reportable compensation. Revenue rose 16% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $50M

For context, the median across 1,001 covered philanthropy, voluntarism & grantmaking charities: $91.65 programs, $6.50 management, $1.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $68M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 1,001 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
91.9%90.2%
Management & general
Part IX 25(C) ÷ 25(A)
4.9%6.4%
Fundraising
Part IX 25(D) ÷ 25(A)
3.2%1.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.04$0.02
Contributions & grants share of revenue
Part VIII 1h ÷ 12
56.0%79.9%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.0%
Program service revenue share
Part VIII 2g ÷ 12
1.6%0.0%
Highest reported compensation
Part VII-A, columns D–F
$464,329$325,675
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.92%1.56%
People paid over $100,000
Part VII, line 2
113
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
121.056.6
Independent voting board members
Part VI 1a–1b
32 of 32100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$46M expenses · 100.0% of program spending · grants $40M · revenue $1.1M

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)

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT & CEO
Officer, 40.00 hrs/week
$406,215$0$58,114$464,329
VP, FINANCE & OPERATIONS
Officer, 40.00 hrs/week
$242,371$0$20,584$262,955
VP, PROGRAMS
Key employee, 40.00 hrs/week
$189,852$0$41,783$231,635
CHIEF OF STAFF
Key employee, 40.00 hrs/week
$193,824$0$23,383$217,207
VP, COMMUNICATIONS & PUBLI
Key employee, 40.00 hrs/week
$167,686$0$21,990$189,676
DIRECTOR, FINANCE
Highest compensated employee, 40.00 hrs/week
$159,994$0$14,234$174,228
DIRECTOR, GRANTMAKING
Highest compensated employee, 40.00 hrs/week
$121,951$0$17,703$139,654
DIRECTOR, WORKFORCE PROGRA
Highest compensated employee, 40.00 hrs/week
$121,445$0$16,991$138,436

11 people received more than $100,000 in reportable compensation from The Greater New Orleans Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.4M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$25M$50M$75M$100M201920202021202220232024$68M$50M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$68M$50M91.9%$508M$464,329
2023 ⓘ$43M$43M90.6%$472M$449,264
2022 ⓘ$52M$46M91.3%$427M$427,225
2021 ⓘ$99M$41M92.0%$489M$383,955
2020 ⓘ$51M$44M93.1%$402M$375,205
2019 ⓘ$58M$35M92.5%$369M$360,954

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b32 · 32 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 534
  • Volunteers Part I, line 632

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
CAPITAL CITY PRESS
Journalism services
$465,789
HR&A ADVISORS
Consulting
$188,489
GREENPHIRE LLC
Consulting
$132,913
CORPORATION FOR A SKILLED WORKFORCE
Consulting
$120,000
CLARK NUBER PS
Software implementation
$115,385

Individuals listed as contractors are left out. 6 contractors were paid more than $100,000 in all.

Private foundation grants it received

35 private foundations reported grants to The Greater New Orleans Foundation totaling $3.5M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from The Greater New Orleans Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The Greater New Orleans Foundation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All philanthropy, voluntarism & grantmaking charities · Largest charities in Louisiana

Questions people ask

How much of The Greater New Orleans Foundation's spending goes to programs?

In calendar year 2024, The Greater New Orleans Foundation reported that 91.9% of its $50.4 million in expenses went to program services, 4.9% to management and general and 3.2% to fundraising (Form 990, Part IX).

How much does The Greater New Orleans Foundation pay its top executive?

The largest total compensation The Greater New Orleans Foundation reported for one person in calendar year 2024 was $464,329, for the role of PRESIDENT & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does The Greater New Orleans Foundation get its money?

Of $67.6 million in revenue in calendar year 2024, 56.0% came from contributions and grants (including 0.0% from government grants) and 1.6% from program service revenue (Form 990, Part VIII).

Is The Greater New Orleans Foundation a registered charity?

The IRS lists EIN 72-0408921 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202523189349313062 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202433209349313398 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202343199349310824 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202223149349305377 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202143509349300419 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202003219349313500 · read the filing

All filings for EIN 72-0408921: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.