Downman Family Foundation
The Downman Family Foundation is a private foundation based in New Orleans, Louisiana, established in 1986 and tax-exempt since December 1987. It operates as a 501(c)(3) organization with no employees, functioning as a grantmaking entity that distributes funds to various nonprofit organizations across the United States.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$736K
-2.7% YoY
Annual Giving
$124K
-4.4% YoY
Grant Count
49
-3.9% YoY
Avg Grant Size
$3K
-0.5% YoY
Mission & Focus Areas
The foundation's giving focuses on art and cultural programs, federated giving programs, and education. Its funding interests include arts grants, creative writing, historic buildings, journalism, and charter schools. The foundation also supports human services and philanthropic initiatives.
Grantmaking
The Downman Family Foundation made 51 grants in 2023, with typical award amounts ranging from $330 to $13,000. Recent notable grants include:
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Geographic Focus
Where this funder awards grants
The foundation funds projects across multiple U.S. states and cities, including Louisiana, Virginia, Kentucky, California, Florida, Texas, New York, Ohio, Rhode Island, Tennessee, and Washington D.C. Primary geographic focus areas include New Orleans, Houston, and Orlando.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue (2023):
- Total Assets: $756,035
- Total Revenue: $60,730
- Total Expenses: $149,408
- Total Liabilities: $0
Revenue Breakdown (2023):
- Investment income and dividends: $41,044
- Net gain from sale of non-inventory assets: $19,686
Giving Activity:
- Total grants awarded (2023): Approximately $123,720–$129,440
- Average grant size: $11,000 (approximate)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $735,810 | $756,035 | $841,176 |
| Revenue | $124,485 | $60,730 | $92,941 |
| Expenses | $144,710 | $149,408 | $155,210 |
| Qualifying Distributions | $123,720 | $129,440 | $138,100 |
| Net Investment Income | $103,495 | $40,762 | $75,831 |
| Distributable Amount | $151,982 | $121,716 | $129,439 |
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
248 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
- Edouard J. Kock III — President
- Robert B. Richardson — Vice President
- Ian Marsac — Secretary/Treasurer
All leadership team members serve without compensation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| EDOUARD J KOCK III | PRESIDENT | 2 | — |
| ROBERT B RICHARDSON | VICE PRESIDENT | 2 | — |
| IAN MARSAC | SECRETARY/TREASURER | 2 | — |
Contact Information
Address: 650 Poydras Street, Suite 2125, New Orleans, LA 70130-7238
Telephone: 504-568-1922
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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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