Greater New Orleans Development Foundation
GREATER NEW ORLEANS DEVELOPMENT is a public charity based in New Orleans, Louisiana. Its 2024 filing describes its mission as fostering regional economic development and creating quality jobs in the metropolitan New Orleans area. The organization says it acts as a catalyst for economic growth and quality of life in Southeast Louisiana’s ten parishes, including through job initiatives, workforce development, and economic planning.
Key facts about Greater New Orleans Development Foundation
In short: Greater New Orleans Development Foundation gave $2.8M across 16 grants in 2024 (avg $175K), mostly in Louisiana. Source: 2024 IRS Form 990.
- EIN
- 72-1177207
- Latest 990 filing
- Form 990, 2024
- Annual giving (2024)
- $2,800,981
- Grants made (2024)
- 16
- Average grant
- $175,061
- Median grant
- $131,769
- Total assets
- $3,970,691
- Primary geography
- Louisiana (72% of itemized 2024 grant dollars)
Data from IRS Form 990, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990 · View filing
Total Assets
$4.0M
+11.2% YoY
Annual Giving
$2.8M
+60.1% YoY
Grant Count
16
+0.0% YoY
Avg Grant Size
$175K
+60.1% YoY
How Greater New Orleans Development Foundation gives
Estimate from itemized grant lists in IRS Form 990 filings (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
The organization’s filing states that it collaborates with regional development allies to help provide an adequate base of new employment, improve the quality and quantity of employment through workforce development, and foster economic planning and development through public awareness and communications.
Its 2024 grants show support for projects connected to economic development and business recruitment, workforce and student instruction, university research and engagement, energy efficiency, and an HBCU new-energy specialization program. Among the organizations it supported, Baton Rouge Area Chamber describes its mission as advancing economic vitality and quality of life for its members and community. Green Light New Orleans describes its work as providing sustainable household solutions and encouraging resilience, with programs prioritizing low-income New Orleans communities. One Acadiana describes itself as a business association representing more than 1,200 area businesses. These are the grantees’ stated missions, not the funder’s.
Grantmaking
In filing year 2024, the organization reported 16 grants totaling **$2,800,981**. Grant amounts ranged from **$8,575 to $771,257**, with a median of **$131,769**.
Ready to take the next step with Greater New Orleans Development Foundation?
Geographic Focus
Where this funder awards grants
The Foundation says it serves the ten parishes of Southeast Louisiana alongside Greater New Orleans, Inc. In 2024, 72% of grant dollars went to recipients in Louisiana and 28% to recipients in Georgia.
Grant Distribution by State
Share of 2024 grant dollars across all 16 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $33K (2021) to $2.8M (2024). In 2024 it made 16 grants totaling $2.8M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Opportunity Hub ($771K). Together the top 10 received $2.5M.
Grant Size Distribution
48 grants across all recorded years
The most common grant size was under $50K: 23 grants of 48 (48%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Opportunity Hub Atlanta, GA | Eda bbb phase 2 grant subaward to develop/contribute to edah2thefuture South Louisiana coalition nexus program- delivery of h2nexus inclusive entrepreneurship program | $771,257 |
| Baton Rouge Area Chamber Baton Rouge, LA | Eda bbb phase 2 grant subaward for business recruitment and bre services in baton rouge region; participation in the nexus industry council, and support accross the h2thefuture projects | $400,877 |
| University of Louisiana at Lafayette Lafayette, LA | Eda bbb phase 2 grant subawardull gh2center r&d, student instruction, corporate engagement, and community engagement; participation in the nexus university council | $209,388 |
| Green Light New Orleans New Orleans, LA | Eda bbb phase 2 grant subaward to develop/submit edaexecution of energy efficient center program for residential and small commercial efficiency | $185,138 |
| University of New Orleans New Orleans, LA | Eda bbb phase 2 grant subaward to develop/submituno maritime center r&d, student instruction, corporate engagement, and community engagement; participation in the nexus university council | $184,054 |
| One Acadiana Inc Lafayette, LA | Eda bbb phase 2 grant subaward to develop/submit edabusiness recruitment and bre services in acadiana/lafayette region. Participation in the nexus industry council | $183,188 |
| Louisiana Chamber of Commerce Foundation Inc New Orleans, LA | Eda bbb phase 1 grant subaward todevelop/contribute to eda h2thefuture phase 2 application components | $172,380 |
| Nicholls State University Thibodaux, LA | Eda bbb phase 2 grant subawardnsu enginerring technology r&d, student instruction, corporate engagement, and community engagement; participation in the nexus university council | $133,724 |
| Southern University and A&M College Baton Rouge, LA | Eda bbb phase 2 grant subawarddesign and execution of hbcu new energy specialization program; participation in nexus talent council | $129,814 |
| South Louisiana Economic Council Inc Thibodaux, LA | Eda bbb phase 2 grant subaward to develop/submit edabusiness recruitment and bre services in the bayou/houma/terrebonne/lafourche region. Participation in the nexus industry council | $111,695 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants |
|---|---|---|---|---|
| 2024 | $3,970,691 | $7,212,232 | $6,487,890 | $2,800,981 (16) |
| 2023 | $3,571,319 | $5,465,248 | $5,403,500 | $1,749,486 (16) |
| 2022 | $2,647,279 | $2,831,617 | $3,117,822 | $332,150 (12) |
The organization states in its 2024 filing that an independent CPA prepares its Form 990 and reviews it with the senior vice-president of finance and administration, who then reviews it with management and the board. The filing also reports management fees paid and received that include shared expenses for facilities, equipment, other assets, paid employees, and reimbursed expenses.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,970,691 | $3,571,319 | $2,647,279 |
| Revenue | $7,212,232 | $5,465,248 | $2,831,617 |
| Expenses | $6,487,890 | $5,403,500 | $3,117,822 |
| Net Investment Income | $54,883 | $134,677 | $-160,348 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS December 23, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS January 31, 2025)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 17, 2025)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Richard F. Cortizas as board chair; Julie Stokes as secretary and treasurer; Dale Benoit, Wayne Conner, Tara Carter Hernandez, Marina Manzanares, and Guy Williams as members; Michael Hecht as president and CEO; Joshua Tatum as vice president of business; and Lacy McManus as executive director of FUTU.
Greater New Orleans Development Foundation is led by Michael Hecht, President & CEO on every filing since 2020; 3 of 11 officers listed in 2024 are compensated.
Officers on the 2024 filing
Michael Hecht
President & CEO
On filings since 2020
1 hr/week
No compensation reported
Lacy McManus
Executive Director of Futu
Executive Director of Future Energy → Executive Director of Futu, 2024
On filings since 2023
40 hrs/week
$182K (2023) → $124K (2024)
Richard F. Cortizas
Board Chair
On filings since 2023
1 hr/week
No compensation reported
Brandon Williams
Director of Finance
Director of Finance & Administration → Director of Finance, 2024
On filings since 2023
40 hrs/week
$103K (2023) → $105K (2024)
Joshua Tatum
Vice President of Business
Director of Strategic Initiatives → Vice President of Business Growth & Retention, 2023
Vice President of Business Growth & Retention → Vice President of Business, 2024
On filings since 2022
40 hrs/week
$121K (2023) → $138K (2024)
Dale Benoit
Member
On filings since 2020
1 hr/week
No compensation reported
Tara Carter Hernandez
Member
Chairwoman Elect → Member, 2021
On filings since 2020
1 hr/week
No compensation reported
Guy Williams
Member
Chairman → Member, 2023
On filings since 2021
1 hr/week
No compensation reported
Julie Stokes
Secretary & Treasurer
On filings since 2023
1 hr/week
No compensation reported
Marina Manzanares
Member
On filings since 2023
1 hr/week
No compensation reported
Wayne Conner
Member
On filings since 2023
1 hr/week
No compensation reported
Former officers (12)
- Former: Harrison Crabtree (2023) — Director & World Trade Center of New Orleans
- Former: Susan Bonnett Bourgeois (2023) — Board Chair-Elect
- Former: Elaine Garvey (2020–2022) — Secretary & Treasurer
- Former: James Moffett (2020–2022) — Member
- Former: Maura Donahue (2020–2022) — Member
- Former: Patricia Leblanc (2020–2022) — Member
- Former: William Hoffman (2020–2022) — Member
- Former: Bryan Hodnett (2021–2022) — Member
- Former: Gay Le Breton (2021–2022) — Chairwoman Elect
- Former: Paul Matthews (2021–2022) — Member
- Former: Philip Gunn (2021–2022) — Member
- Former: Tommy Faucheux (2021–2022) — Member
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $138K, to Joshua Tatum (Vice President of Business). 3 officers or directors reported compensation on that filing.
Contact
Mailing address: 1100 Poydras Street 3475, New Orleans, LA 70163
Phone: (504) 527-6900
Website: https://gnoinc.org
Frequently asked questions about Greater New Orleans Development Foundation
How much does Greater New Orleans Development Foundation give each year?
Greater New Orleans Development Foundation gave $2.8M across 16 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $1.7M across 16 grants.
What is Greater New Orleans Development Foundation's typical grant size?
Greater New Orleans Development Foundation's median grant in 2024 was $131,769, and its average grant was $175,061, across 16 grants on its 2024 IRS Form 990.
Where does Greater New Orleans Development Foundation give grants?
Greater New Orleans Development Foundation gives mostly in Louisiana: 72% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The next largest state was Georgia (28%). The most frequent recipient cities were New Orleans, LA (5 grants), Baton Rouge, LA (5 grants), Lafayette, LA (2 grants) and Thibodaux, LA (2 grants).
Does Greater New Orleans Development Foundation give general operating support?
Not in 2024: none of the 16 grants with a stated purpose on Greater New Orleans Development Foundation's 2024 IRS Form 990 were described as general or operating support.
Who are Greater New Orleans Development Foundation's largest grantees?
Greater New Orleans Development Foundation's largest 2024 grantees include Opportunity Hub ($771,257), Baton Rouge Area Chamber ($400,877) and University of Louisiana at Lafayette ($209,388), according to its 2024 IRS Form 990. Together they received 49% of its itemized 2024 grant dollars.
How large is Greater New Orleans Development Foundation?
Greater New Orleans Development Foundation reported $4.0M in total assets on its 2024 IRS Form 990. Its revenue that year was $7.2M.
What does Greater New Orleans Development Foundation fund?
The organization’s filing states that it collaborates with regional development allies to help provide an adequate base of new employment, improve the quality and quantity of employment through workforce development, and foster economic planning and development through public awareness and communications. See mission & focus areas ↑
How do I apply for a grant from Greater New Orleans Development Foundation?
Greater New Orleans Development Foundation has no public application process in the sources Grantable reviewed. Check gnoinc.org for current guidelines, or contact the foundation directly before submitting a request.
What is Greater New Orleans Development Foundation's EIN?
Greater New Orleans Development Foundation's EIN (Employer Identification Number) is 72-1177207. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
Here's the math on researching Greater New Orleans Development Foundation by hand.
Explore Open Grants
Browse active grant opportunities in Greater New Orleans Development Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
WK Kellogg Foundation
Battle Creek, MI
The W.K. Kellogg Foundation funds community-led work focused on children’s health and education, good food, family economic security, racial equity and equitable opportunity. It gives across the United States, with long-term commitments in Michigan, Mississippi, New Mexico and New Orleans, and also funds in parts of Mexico and Haiti; its 2024 median grant was $100,000. It accepts proposals at any time through its website and does not limit giving to preselected organizations.
Assets
$481.0M
Grants
1,818
Total Given
$303.9M
Ochsner Clinic Foundation
New Orleans, LA
Ochsner Clinic Foundation funded health, education, cultural, and community-service organizations, with most of its giving in Louisiana. In 2024, grants ranged from $5,250 to $815,660, with a median of $15,000; the profile does not state whether it accepts unsolicited requests.
Assets
$6.6B
Grants
124
Total Given
$6.7M
The Greater New Orleans Foundation
New Orleans, LA
The Greater New Orleans Foundation funds arts and culture, education, youth development, health, social services, and selected initiatives such as climate action and nonprofit capacity building, primarily in Southeast Louisiana’s 13-parish region. Its typical grant is around $20,000, though awards vary widely; special funding opportunities average $20,000, and some offer set limits. IMPACT grants are invitation-only; other opportunities have their own application processes.
Assets
$513.0M
Grants
623
Total Given
$34.6M
Baton Rouge Area Foundation
Baton Rouge, LA
The Baton Rouge Area Foundation funds nonprofits and community projects in areas including education, health, economic prosperity, human services, and safer, more resilient communities, primarily in greater Baton Rouge and South Louisiana. Competitive grants range by program: Impact Grants offer up to $50,000, while Cox Charities grants offer up to $5,000 for nonprofits and $2,500 for eligible schools. It accepts requests through specific competitive opportunities; Impact Grant applicants submit a Letter of Intent, and only selected organizations are invited to apply in full.
Assets
$342.7M
Grants
340
Total Given
$31.1M
Enterprise Holdings Foundation
Saint Louis, MO
Enterprise Holdings Foundation supports nonprofits in health, education, arts, disaster relief, reforestation, hunger relief, and community equity, with an emphasis on organizations actively supported by Enterprise employees and their families. Its reported grants range widely: 2024 giving averaged about $7,700 across 9,499 grants, while the foundation also offers awards of up to $40,000; it supports communities where Enterprise operates worldwide. Unsolicited requests are accepted at any time, but eligible applications must be submitted by an Enterprise team member or their spouse or domestic partner on behalf of a nonprofit they actively support.
Assets
$594.3M
Grants
1
Total Given
$101.4M
Baptist Community Ministries
New Orleans, LA
Baptist Community Ministries funds health, education, public safety, and related community programs in Orleans, Jefferson, St. Tammany, St. Bernard, and Plaquemines parishes. Its 2025 grants had a median award of $10,000, though amounts ranged from $400 to $873,294. The filing directs applicants to its grant guidelines and lists March 15 and September 15 deadlines.
Assets
$397.5M
Grants
264
Total Given
$10.6M
The Kresge Foundation
Troy, MI
The Kresge Foundation funds nonprofits working to expand equity and opportunity in U.S. cities, across arts and culture, education, environment, health, human services and community development, with particular focus on Detroit, Memphis, New Orleans and Fresno. Its 2024 grants ranged from $150 to $5 million, with a median of $140,000; it most often invites applicants, though some programs issue open calls, and its Social Investment Practice does not accept unsolicited proposals.
Assets
$4.0B
Grants
800
Total Given
$170.0M
New Orleans Community Support Foundation
New Orleans, LA
The New Orleans Community Support Foundation administers charitable distributions for city initiatives and public/private partnerships, supporting work such as arts and culture, youth development, environmental projects, education, social services, and economic development. Its 2024 grants went to Louisiana recipients, with a median award of $12,850 and amounts ranging from $5,195 to $114,529. The profile does not state whether it accepts unsolicited requests.
Assets
$79K
Grants
64
Total Given
$1.1M
Goldring Family Foundation
Metairie, LA
The Goldring Family Foundation funds nonprofits in education, health, arts and culture, human services, children’s opportunities, Jewish causes, and other areas, primarily in Greater New Orleans. Its 2024 grants had a median of $7,000, though awards ranged from $30 to $1 million. It invites organizations to begin with a Letter of Inquiry.
Assets
$199.2M
Grants
305
Total Given
$7.0M
Nola Business Alliance
New Orleans, LA
NOLA Business Alliance funds economic development in New Orleans and Orleans Parish, including small-business growth, workforce development, neighborhood development, and efforts to attract and retain businesses. In 2023, its 11 grants ranged from $20,000 to $250,000, with a median of $100,000, and went to Louisiana recipients. The profile does not state whether it accepts unsolicited requests.
Assets
$4.5M
Grants
11
Total Given
$1.1M
Our Lady of the Lake Hospital Inc
Baton Rouge, LA
Our Lady of the Lake Hospital supports healthcare, education, research, and community initiatives, with recent grants also funding projects such as cancer support and athletic training outreach. Its 2025 grants ranged from $5,000 to $5 million, with a median of $12,500; 98% of grant dollars went to Louisiana recipients. The profile does not state whether it accepts unsolicited requests.
Assets
$3.8B
Grants
39
Total Given
$10.2M
The Administrators of the Tulane Educational Fund
New Orleans, LA
The Administrators of the Tulane Educational Fund supports higher education, research, and public service, with 2025 grants to universities, hospitals, education organizations, and research institutions. Its 891 grants ranged from $5,005 to $643,695, with a median of $16,445; Louisiana received the largest share of grant dollars, though funding also went to organizations in many other states. The profile does not state whether it accepts unsolicited requests.
Assets
$4.6B
Grants
891
Total Given
$25.4M
More Funders in Louisiana
Greater New Orleans Development Foundation down — hundreds of funders to go?