George Allen Picou Scholarship Fund

NEW ORLEANS, LA EIN: 58-1885342

George Allen Picou Scholarship Fund is a private foundation, based in NEW ORLEANS, LA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $68K in total assets. In 2024, it awarded 1 grants totaling $12K. Net investment income was $9K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$68K

-4.0% YoY

Annual Giving

$12K

-6.3% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$12K

-6.3% YoY

Under IRS private-foundation payout rules, George Allen Picou Scholarship Fund reported a distributable amount of $12K for 2024 — the minimum it must pay out in qualifying distributions.

About George Allen Picou Scholarship Fund

Based on IRS filings

George Allen Picou Scholarship Fund is a private foundation, based in NEW ORLEANS, LA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $68K in total assets. In 2024, it awarded 1 grants totaling $12K. Net investment income was $9K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Morgan City

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$4K$8K$12K$16K20202021202220232024
Metric202420232022
Total Assets$67,784$70,577$71,107
Revenue$9,277$13,630$10,110
Expenses$13,400$14,160$13,274
Qualifying Distributions$11,834$12,628$11,806
Net Investment Income$9,041$8,000$8,645
Distributable Amount$11,614$11,834$12,628

Giving Over Time

Total grant dollars and number of grants per year

$0$3K$6K$9K$13K1 grants20201 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Central Catholic High Sc…$12K

Grant Size Distribution

5 grants across all recorded years

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

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Central Catholic High School ($11,834).

RecipientPurposeAmount
Central Catholic High School Morgan City, LAScholarship$11,834

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Hardy B FowlerPresident
E Wade WalkSecretary-Treasurer

Frequently Asked Questions

How large is George Allen Picou Scholarship Fund?

As of 2024, George Allen Picou Scholarship Fund holds $68K in total assets with $9K in annual revenue. It awarded 1 grants totaling $12K in 2024.

Where does George Allen Picou Scholarship Fund operate?

George Allen Picou Scholarship Fund has awarded grants in Louisiana.

What size grants does George Allen Picou Scholarship Fund award?

In 2024, George Allen Picou Scholarship Fund awarded 1 grants totaling $12K — an average of about $12K per grant, based on its IRS Form 990 filings.

How much is George Allen Picou Scholarship Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, George Allen Picou Scholarship Fund reported a distributable amount of $12K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is George Allen Picou Scholarship Fund's EIN?

George Allen Picou Scholarship Fund's EIN (Employer Identification Number) is 58-1885342. IRS Form 990 filing data is available on this page for 2020–2024.

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

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