Gulf Coast B&T Foundation
Gulf Coast B&T Foundation was a private foundation based in New Orleans, Louisiana. Its 2022 filing is marked as a final return and states that the foundation was liquidated on November 10, 2022, with no assets to distribute at the time of dissolution; it therefore appears to have wound down and stopped grantmaking.
Gulf Coast B&T Foundation at a glance
In short: Gulf Coast B&T Foundation gave $174K across 22 grants in 2022 (avg $8K), mostly in Louisiana. 50% of 2022 grantees were new. Source: 2022 IRS Form 990-PF.
- Annual giving (2022)
- $173,732
- -24.3% vs 2021
- Grants made (2022)
- 22
- -15.4% vs 2021
- Average grant
- $7,897
- -10.5% vs 2021
- Median grant
- $10,000
- New grantees (estimate)
- 50% first-time grantees (11 of 22, 2022; small sample)
- Primary geography
- Louisiana (100% of itemized 2022 grant dollars)
- Latest 990 filing
- Form 990-PF, 2022 View filing
Data from IRS Form 990-PF, 2022; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Gulf Coast B&T Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The final filing states that the foundation contributed only to preselected charitable organizations and does not accept unsolicited requests. It does not provide a current application process.
- Contact
Mailing address: 200 St Charles Ave, New Orleans, LA 70130
Phone: (504) 412-2013
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Gulf Coast B&T Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2022
The largest 2022 recipient was New Orleans Women and Childrens Shelter ($15K). Together the top 10 received $105K.
Grant Size Distribution
66 grants across all recorded years
The most common grant size was under $50K: 66 grants of 66 (100%).
Geographic Focus
Where this funder awards grants
All grant dollars reported for 2022 went to recipients in Louisiana.
Grant Distribution by State
Share of 2022 grant dollars across all 22 itemized grants.
Cities
Is Gulf Coast B&T Foundation open to new grantees?
50%
first-time grantees, 2022
In 2022, 11 of 22 grantees (50%) were first-time recipients. With only 22 grantees, that is a small sample: one grantee more or less moves the share by about 5 points. First grants averaged $7K; repeat grants $9K. How we count
Medians: $6K first-time, $10K repeat.
- 32% of 2022 grantees were also funded in 2021. Method
- In 2022 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2022). 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 2022, annual grant giving ranged from $132K (2020) to $230K (2021). In 2022 it made 22 grants totaling $174K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| New Orleans Women and Childrens Shelter New Orleans, LA | Charitable | $15,000 |
| New Orleans Mission New Orleans, LA | Charitable | $10,007 |
| Bureau of Governmental Research New Orleans, LA | Charitable | $10,000 |
| Covenant House New Orleans New Orleans, LA | Charitable | $10,000 |
| Operation Spark New Orleans, LA | Charitable | $10,000 |
| The First 72 New Orleans, LA | Charitable | $10,000 |
| Young Entrepreneurs Academy of Baton Rouge Baton Rouge, LA | Charitable | $10,000 |
| Kingsley House New Orleans, LA | Charitable | $10,000 |
| The Mission Church Hammond, LA | Charitable | $10,000 |
| Longue VUE House and Gardens New Orleans, LA | Charitable | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2022 | — | $120,047 | $173,732 | $173,732 | 22 | $173,732 | $47 | $934 |
| 2021 | $53,686 | $232,906 | $230,227 | $229,500 | 26 | $229,500 | $121 | $1,908 |
| 2020 | $51,007 | $181,512 | $131,505 | $131,500 | 18 | — | $12 | $152 |
Under IRS private-foundation payout rules, Gulf Coast B&T Foundation reported a distributable amount of $934 for 2022 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2022 grants went to organizations whose work included shelter and humanitarian services, reentry support, software-career training, public policy research, justice and crime reduction, education, and gardens. For example, The First 72 describes its mission as supporting people returning from incarceration through education, housing, employment, health care, and community engagement. Operation Spark says it opens a route to software-development careers for people with limited opportunities. These are the grantees’ stated missions, not the foundation’s.
Grantmaking
In 2022, the foundation reported 22 grants totaling $173,732. Grant amounts ranged from $1,000 to $15,000, with a median grant of $10,000.
Among the largest reported grants were $15,000 to New Orleans Women and Children’s Shelter; $10,007 to New Orleans Mission; and $10,000 each to the Bureau of Governmental Research, Covenant House New Orleans, Operation Spark, The First 72, Young Entrepreneurs Academy of Baton Rouge, Kingsley House, The Mission Church, Longue Vue House and Gardens, Excite New Orleans, and Equine Reflections. The filing listed each grant’s purpose as charitable.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2022 filing listed Guy Williams as director, chairman, and president; Slade Simons as director, vice chairman, and vice president; and Mamie Gasperzec as secretary/treasurer.
Gulf Coast B&T Foundation is led by Guy Williams, Director Chairman President on every filing since 2020; none of the 3 officers listed in 2022 report compensation.
Officers on the 2022 filing
Guy Williams
Director Chairman President
On filings since 2020
1 hr/week
No compensation reported
Mamie Gasperecz
Secretary & Treasurer
On filings since 2020
1 hr/week
No compensation reported
Slade Simons
Director Vice Chairman Vice President
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2022. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Gulf Coast B&T Foundation
How much does Gulf Coast B&T Foundation give each year?
Gulf Coast B&T Foundation gave $174K across 22 grants in 2022, according to its 2022 IRS Form 990-PF. In 2021 it gave $230K across 26 grants.
What is Gulf Coast B&T Foundation's typical grant size?
Gulf Coast B&T Foundation's median grant in 2022 was $10,000, and its average grant was $7,897, across 22 grants on its 2022 IRS Form 990-PF. Organizations receiving their first grant from Gulf Coast B&T Foundation that year got $7K on average.
Where does Gulf Coast B&T Foundation give grants?
Gulf Coast B&T Foundation gives mostly in Louisiana: 100% of the grant dollars itemized on its 2022 IRS Form 990-PF went to recipients there. The most frequent recipient cities were New Orleans, LA (17 grants) and Metarie, LA (2 grants).
Does Gulf Coast B&T Foundation give general operating support?
Not in 2022: none of the 22 grants with a stated purpose on Gulf Coast B&T Foundation's 2022 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (22 grants).
Who are Gulf Coast B&T Foundation's largest grantees?
Gulf Coast B&T Foundation's largest 2022 grantees include New Orleans Women and Childrens Shelter ($15,000), New Orleans Mission ($10,007) and Bureau of Governmental Research ($10,000), according to its 2022 IRS Form 990-PF. Together they received 20% of its itemized 2022 grant dollars.
What does Gulf Coast B&T Foundation fund?
No mission statement for the foundation is provided. Its 2022 grants went to organizations whose work included shelter and humanitarian services, reentry support, software-career training, public policy research, justice and crime reduction, education, and gardens. See mission & focus areas ↑
How do I apply for a grant from Gulf Coast B&T Foundation?
The final filing states that the foundation contributed only to preselected charitable organizations and does not accept unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
How much is Gulf Coast B&T Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2022, Gulf Coast B&T Foundation reported a distributable amount of $934 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Gulf Coast B&T Foundation's EIN?
Gulf Coast B&T Foundation's EIN (Employer Identification Number) is 84-3873283. IRS Form 990 filing data is available on this page for 2020–2022.
Does Gulf Coast B&T Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2022
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Gulf Coast B&T Foundation down — hundreds of funders to go?