Carole B & Kenneth J Boudreaux Foundation Inc
The Carole B & Kenneth J Boudreaux Foundation Inc is a private foundation based in New Orleans, Louisiana. The foundation was established by Carole B. and Kenneth J. Boudreaux, both alumni of Tulane University with strong ties to the institution and the New Orleans community.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$9.7M
+26.1% YoY
Annual Giving
$312K
-0.2% YoY
Grant Count
39
-2.5% YoY
Avg Grant Size
$8K
+2.4% YoY
Mission & Focus Areas
The foundation's grant-making priorities include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
The foundation demonstrates particular interest in supporting educational initiatives, including scholarships and endowed professorships at higher education institutions.
Grantmaking
Grant Range
s:** Typical awards range from $500 to $54,000.
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Louisiana, New York, and New Jersey.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
- Total Assets: $9,650,045
- Total Giving: $311,500 (most recent IRS Form 990 filing, 2024)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $9,650,045 | $7,650,507 | $6,636,744 |
| Revenue | $155,663 | $417,003 | $130,451 |
| Expenses | $315,176 | $324,408 | $317,830 |
| Qualifying Distributions | $311,500 | $312,000 | $319,705 |
| Net Investment Income | $154,006 | $117,003 | $347,019 |
| Distributable Amount | $465,109 | $322,031 | $329,218 |
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
198 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Carole B. Boudreaux — Founder; Bachelor of Arts degree in English from Newcomb College (1965); Master of Education degree from the University of New Orleans (1973)
Kenneth J. Boudreaux — Founder; MBA from Tulane School of Business (1967); former professor of finance and economics at Tulane
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Kenneth J Boudreaux | President & Director | — | — |
| Carole B Boudreaux | Secretary & Director | — | — |
| Beau J Boudreau | Director | — | — |
| Heather P Boudreaux | Director | — | — |
Recent News & Activity
Recent developments and announcements
The Carole Barnette Boudreaux '65 Great Writers Series, established through the foundation's 2018 gift to Tulane University, has brought internationally prominent authors to campus. The inaugural event in November 2021 featured 2016 Pulitzer Prize-winning author Viet Thanh Nguyen. Subsequent speakers have included George Saunders, recipient of a 2006 MacArthur Foundation Fellowship.
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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