Better Options Initiative Inc

Private foundation · Grantmaker Lafayette, LA EIN: 47-4930428

Better Options Initiative Inc is a private foundation focused on Human Services, based in Lafayette, LA. IRS filing data is available from 2019 through 2022. In 2022, it awarded 1 grant totaling $93K. Net investment income was $64K.

Better Options Initiative Inc at a glance

In short: Better Options Initiative Inc gave $93K across 1 grant in 2022 (avg $93K), mostly in Louisiana. Source: 2022 IRS Form 990-PF.

Annual giving (2022)
$92,631
Grants made (2022)
1
Average grant
$92,631
Median grant
$92,631
Primary geography
Louisiana (100% of itemized 2022 grant dollars)
Latest 990 filing
Form 990-PF, 2022 View filing

Data from IRS Form 990-PF, 2022; updated September 2026.

Who Better Options Initiative Inc funds

How this funder distributes its grants

Grant Size Distribution

5 grants across all recorded years

2<$50K1$50–100K1$100–250K1$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 2 grants of 5 (40%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2022 grant dollars on its one itemized grant.

States

Cities

LafayetteNew Iberia

How Better Options Initiative Inc gives

  • Giving fell 81% from 2019 to 2022. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K4 grants2019 0 grants2020 0 grants2021 1 grant2022

From 2019 to 2022, annual grant giving ranged from $93K (2022) to $492K (2019). In 2022 it made 1 grant totaling $93K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
1 grant to individuals Recipients not named —$92,631
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment Income
2022—$109,177$176,122$92,6311$176,122$64,461
2021$69,539$148,850$159,628——$159,377$83,447
2020$81,008$125,208$169,092———$49,728
2019$124,728$201,769$1,003,680$491,6204—$366

Leadership & Key People

Officers and directors from IRS filings

Better Options Initiative Inc is led by Arthur A. Kleiner, President on every filing since 2019; all 2 officers listed in 2022 are compensated.

Officers on the 2022 filing

  • Arthur A. Kleiner

    President

    On filings since 2019

    $83K (2019) → $26K (2022)

  • Luke Elliott Jr.

    Director

    On filings since 2019

    $17K (2019) → $26K (2022)

Former officers (1)
  • Former: Eric J. Green (2019) — Executive Director

Data from IRS Form 990 filings, 2019–2022. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2022 IRS filing

Arthur a Kleiner — President: $26KArthur a KleinerPresident$26KLuke Elliott Jr — Director: $26KLuke Elliott JrDirector$26K

The highest reported compensation on the 2022 filing was $26K, to Arthur a Kleiner (President). 2 officers or directors reported compensation on that filing.

Frequently asked questions about Better Options Initiative Inc

How much does Better Options Initiative Inc give each year?

Better Options Initiative Inc gave $93K across 1 grant in 2022, according to its 2022 IRS Form 990-PF.

What is Better Options Initiative Inc?

Better Options Initiative Inc is a private foundation focused on Human Services, based in Lafayette, LA.

Where does Better Options Initiative Inc operate?

Better Options Initiative Inc has awarded grants in Louisiana.

What is Better Options Initiative Inc's EIN?

Better Options Initiative Inc's EIN (Employer Identification Number) is 47-4930428. IRS Form 990 filing data is available on this page for 2019–2022.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(3)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS February 11, 2021)
  2. Updated Form 990-PF for fiscal year 2022 (received by the IRS November 8, 2023)
  3. IRS filings on file for fiscal years 2020–2022

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Better Options Initiative Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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