Better Options Initiative Inc

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 2020 through 2022. In 2022, it awarded 1 grant totaling $93K. Net investment income was $64K.

Key facts about Better Options Initiative Inc

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

EIN
47-4930428
Latest 990 filing
Form 990-PF, 2022
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)

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

Financial Overview

From 2022 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$93K

Grant Count

1

Avg Grant Size

$93K

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 1 itemized 2022 grant dollars.

States

Cities

Lafayette

Giving Over Time

Total grant dollars and number of grants per year

$0$25K$50K$75K$100K0 grants20200 grants20211 grants2022

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2022

University of Louisiana Lafayette: $93KUniversity of LouisianaLafayette$93K

Grant Size Distribution

1 grants across all recorded years

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

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
UNIVERSITY OF LOUISIANA LAFAYETTE Lafayette, LACONTINUED MISSION PROGRAMS$92,631

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K$200K202020212022
Metric202220212020
Total Assets—$69,539$81,008
Revenue$109,177$148,850$125,208
Expenses$176,122$159,628$169,092
Qualifying Distributions$176,122$159,377—
Net Investment Income$64,461$83,447$49,728
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2022

Leadership & Key People

Officers and directors from IRS filings

Better Options Initiative Inc is led by Arthur A. Kleiner, President on every filing since 2020; all 2 officers listed in 2022 are compensated.

Officers on the 2022 filing

  • Arthur A. Kleiner

    President

    On filings since 2020

    $65K (2020) → $26K (2022)

  • Luke Elliott Jr.

    Director

    On filings since 2020

    $65K (2020) → $26K (2022)

Data from IRS Form 990 filings, 2020–2022. "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

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. It holds — in total assets as of 2022.

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 2020–2022.

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

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