First Family Foundation of Nw Louisiana Inc

CHICAGO, IL EIN: 72-6022876

First Family Foundation of Nw Louisiana Inc is a private foundation, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 10 grants totaling $135K. Net investment income was $87K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.0M

+6.0% YoY

Annual Giving

$135K

+25.0% YoY

Grant Count

+11.1% YoY

Avg Grant Size

$14K

+12.5% YoY

Under IRS private-foundation payout rules, First Family Foundation of Nw Louisiana Inc reported a distributable amount of $181K for 2024 — the minimum it must pay out in qualifying distributions.

About First Family Foundation of Nw Louisiana Inc

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Louisiana $613K (98%)

Maryland $15K (2%)

States

Louisiana Maryland

Cities

Baton RougeBethesdaShreveport

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,966,454	$1,854,700	$1,903,555
Revenue	$363,487	$118,268	$117,188
Expenses	$248,933	$166,822	$184,097
Qualifying Distributions	$152,666	$124,742	$150,750
Net Investment Income	$87,323	$73,012	$86,011
Distributable Amount	$180,911	$147,265	$146,882

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

51 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Greater Shreveport Chamber ($27,000), Red River Revel Inc ($20,000), Strand Theatre of Shreveport ($20,000).

Recipient	Purpose	Amount
RED RIVER REVEL INC SHREVEPORT, LA	GENERAL	$20,000
BARKSDALE FORWARDINC SHREVEPORT, LA	ENRICHING COMMUNITY LIFE	$15,000
COMMUNITY FOUNDATION OF SHREVEPORT, LA	SUPPORTING YOUTH THROUGH	$5,000
CAREER COMPASS OF LOUISIANA Baton Rouge, LA	GENERAL	$10,000
COUNCIL ON ALCOHOLISM AND DRUG ABUS Shreveport, LA	GENERAL	$10,000
STRAND THEATRE OF SHREVEPORT Shreveport, LA	GENERAL	$20,000
INDEPENDENCE BOWL FOUNDATION Shreveport, LA	GENERAL	$3,000
GREATER SHREVEPORT CHAMBER SHREVEPORT, LA	GENERAL	$27,000
VOLUNTEERS OF AMERICA SHREVEPORT, LA	GENERAL	$20,000
RED RIVER STEM INC SHREVEPORT, LA	GENERAL	$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

No officer/director data available.

Frequently Asked Questions

How large is First Family Foundation of Nw Louisiana Inc?

As of 2024, First Family Foundation of Nw Louisiana Inc holds $2.0M in total assets with $363K in annual revenue. It awarded 10 grants totaling $135K in 2024.

Where does First Family Foundation of Nw Louisiana Inc operate?

First Family Foundation of Nw Louisiana Inc has awarded grants in Louisiana, Maryland.

What size grants does First Family Foundation of Nw Louisiana Inc award?

In 2024, First Family Foundation of Nw Louisiana Inc awarded 10 grants totaling $135K — an average of about $14K per grant, based on its IRS Form 990 filings.

How much is First Family Foundation of Nw Louisiana Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, First Family Foundation of Nw Louisiana Inc reported a distributable amount of $181K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is First Family Foundation of Nw Louisiana Inc's EIN?

First Family Foundation of Nw Louisiana Inc's EIN (Employer Identification Number) is 72-6022876. IRS Form 990 filing data is available on this page for 2020–2024.