Board of Trustees of the Libby Dufour Fd
The Board of Trustees of the Libby Dufour Fund is a private foundation designated as a 501(c)(3) organization, located in New Orleans, Louisiana. The foundation has maintained tax-exempt status since July 1953 and operates as a grantmaking institution serving charitable purposes.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$8.4M
+8.5% YoY
Annual Giving
$425K
+57.2% YoY
Grant Count
11
+22.2% YoY
Avg Grant Size
$39K
+28.6% YoY
Under IRS private-foundation payout rules, Board of Trustees of the Libby Dufour Fd reported a distributable amount of $396K for 2024 — the minimum it must pay out in qualifying distributions.
Grantmaking
The foundation is actively accepting applications. Recent grantmaking activity shows:
Grant Range
$20,000
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Geographic Focus
Where this funder awards grants
The foundation's primary geographic focus is Louisiana, with particular connection to the New Orleans area.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets:
- 2024: $8.37 million
- 2023: $7.7 million
- 2022: $6.8 million
Annual Activity (2024):
- Total revenue: $184,000
- Total expenses: $482,000
- Total liabilities: $0
- Giving rate: 5.1% of assets
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $8,370,700 | $7,717,679 | $6,829,886 |
| Revenue | $184,340 | $30,668 | $196,156 |
| Expenses | $481,513 | $317,080 | $435,520 |
| Qualifying Distributions | $427,261 | $272,171 | $382,221 |
| Net Investment Income | $131,088 | $94,339 | $146,285 |
| Distributable Amount | $395,653 | $358,353 | $308,804 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
47 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Trinity Episcopal School ($100,000), Greater New Orleans Foundation ($80,000), St Augustine ($75,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ACF NEW ORLEANS, LA | TO BENEFIT EDUCATION AND CHARITABLE PURPOSES | $20,000 |
| GREATER NEW ORLEANS FOUNDATION NEW ORLEANS, LA | TO BENEFIT EDUCATION AND CHARITABLE PURPOSES | $80,000 |
| HOLY NAME OF JESUS SCHOOL NEW ORLEANS, LA | TO BENEFIT EDUCATION AND CHARITABLE PURPOSES | $10,000 |
| TRINITY EPISCOPAL SCHOOL HOUSTON, TX | TO BENEFIT EDUCATION AND CHARITABLE PURPOSES | $100,000 |
| ST AUGUSTINE NEW ORLEANS, LA | TO BENEFIT EDUCATION AND CHARITABLE PURPOSES | $75,000 |
| ST MARTINS EPISCOPAL SCHOOL METAIRIE, LA | TO BENEFIT EDUCATION AND CHARITABLE PURPOSES | $75,000 |
| NEW ORLEANS TOWN GARDEN NEW ORLEANS, LA | TO BENEFIT EDUCATION AND CHARITABLE PURPOSES | $10,000 |
| ACADEMY OF SACRET HEART NEW ORLEANS, LA | TO BENEFIT EDUCATION AND CHARITABLE PURPOSES | $25,000 |
| TULANE BASEBALL NEW ORLEANS, LA | TO BENEFIT EDUCATION AND CHARITABLE PURPOSES | $10,000 |
| CARROLTON BUSTERS NEW ORLEANS, LA | TO BENEFIT EDUCATION AND CHARITABLE PURPOSES | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DENIS H MCDONALD | VICE PRESIDENT | — | — |
| M CLELAND POWELL III | PRESIDENT | — | — |
| HARRY B KELLEHER JR | SECRETARY | — | — |
| JAMES KOCK | TRUSTEE | — | — |
| J STORY CHARBONNET | TRUSTEE | — | — |
| BRYAN FITZPATRICK | TRUSTEE | — | — |
Frequently Asked Questions
How do I apply for a grant from Board of Trustees of the Libby Dufour Fd?
The foundation is actively accepting applications. Recent grantmaking activity shows: **2024 Activity:** • Total giving: $425,000 • Number of grants: 11 • Median grant size: $20,000 • Grant range: $10,000 - $100,000 **2023 Activity:** • Total giving: $270,000 • Number of grants: 9 • Median grant size: $25,000 **2022 Activity:** • Total giving: $380,000 • Number of grants: 12 • Median grant size: $25,000 **Application Policy:** The foundation accepts applications and is open to grant proposals.
Where does Board of Trustees of the Libby Dufour Fd make grants?
The foundation's primary geographic focus is Louisiana, with particular connection to the New Orleans area.
What size grants does Board of Trustees of the Libby Dufour Fd award?
In 2024, Board of Trustees of the Libby Dufour Fd awarded 11 grants totaling $425K — an average of about $39K per grant, based on its IRS Form 990 filings.
How much is Board of Trustees of the Libby Dufour Fd required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Board of Trustees of the Libby Dufour Fd reported a distributable amount of $396K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Board of Trustees of the Libby Dufour Fd's EIN?
Board of Trustees of the Libby Dufour Fd's EIN (Employer Identification Number) is 72-6027406. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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