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.
Greater New Orleans Development Foundation at a glance
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.
- Annual giving (2024)
- $2,800,981
- +60.1% vs 2023
- Grants made (2024)
- 16
- +0.0% vs 2023
- Average grant
- $175,061
- +60.1% vs 2023
- Median grant
- $131,769
- Total assets
- $3,970,691
- +11.2% vs 2023
- Primary geography
- Louisiana (72% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
How to apply to Greater New Orleans Development Foundation
- Contact
Mailing address: 1100 Poydras Street 3475, New Orleans, LA 70163
Phone: (504) 527-6900
Website: https://gnoinc.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Greater New Orleans Development Foundation funds
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%).
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
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.
Giving History
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.
Grants by year
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 |
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Financial History
Multi-year comparison from IRS filings
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.
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $3,970,691 | $7,212,232 | $6,487,890 | $2,800,981 | 16 | $54,883 |
| 2023 | $3,571,319 | $5,465,248 | $5,403,500 | $1,749,486 | 16 | $134,677 |
| 2022 | $2,647,279 | $2,831,617 | $3,117,822 | $332,150 | 12 | $-160,348 |
| 2021 | $2,887,646 | $2,426,633 | $2,295,583 | $32,500 | 3 | $60,291 |
| 2020 | $2,735,632 | $2,122,126 | $1,825,970 | $104,200 | 1 | $7,066 |
Research compiled by Grantable AI from public sources. Last updated September 2026.
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.
Among the largest reported grants were $771,257 to Opportunity Hub for an EDA BBB Phase 2 subaward supporting the H2theFuture South Louisiana Coalition Nexus program, including delivery of an inclusive entrepreneurship program; $400,877 to Baton Rouge Area Chamber for business recruitment and retention services and H2theFuture project participation; and $209,388 to the University of Louisiana at Lafayette for hydrogen-related research and development, instruction, and engagement. Other notable grants included $185,138 to Green Light New Orleans for an energy-efficiency center program, $184,054 to the University of New Orleans for maritime research and related activities, and $183,188 to One Acadiana for business recruitment and retention services.
Additional reported grants included $172,380 to Louisiana Chamber of Commerce Foundation, $133,724 to Nicholls State University, $129,814 to Southern University and A&M College, $111,695 to South Louisiana Economic Council, $100,000 to Entergy Charitable Foundation for an Impact 59 Super Bowl Legacy grant program, and $94,151 to Louisiana State University for carbon-capture research and related activities.
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.
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.
Data update history
(6)
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
Live grants for the work Greater New Orleans Development Foundation funds
Community Improvement & Capacity Building Open opportunities, soonest deadline first.
- Leveling-Up Award $1,000 · Due October 25, 2026
- Arnold F. Keller, Jr. Grant for New Initiatives/Program Expansion $25,000 · Due October 27, 2026
- Wausau Marathon County Impact Grants (Community Foundation of North Central Wisconsin) $1,000 to $100,000 depending on the scope of the project · Due October 27, 2026
Explore Open Grants
Browse active grant opportunities in Greater New Orleans Development Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Greater New Orleans Development Foundation funder profile. GrantGraph. Retrieved October 23, 2026, from https://grantable.co/funders/greater-new-orleans-development-foundation-morg_f4629dc24062449082f77ad71b76736c
BibTeX
@misc{grantable_721177207_2026,
author = {{Grantable}},
title = {{Greater New Orleans Development Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/greater-new-orleans-development-foundation-morg_f4629dc24062449082f77ad71b76736c},
note = {Accessed 2026-10-23. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Greater New Orleans Development Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Greater New Orleans Development Foundation down — hundreds of funders to go?