Ivy Legacy Foundation of Acadiana
Ivy Legacy Foundation of Acadiana is a private foundation, based in Lafayette, LA. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $54K in total assets. In 2024, it awarded 7 grants totaling $19K.
Ivy Legacy Foundation of Acadiana at a glance
In short: Ivy Legacy Foundation of Acadiana gave $19K across 7 grants in 2024 (avg $3K), mostly in Louisiana. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $18,629
- +272.6% vs 2023
- Grants made (2024)
- 7
- +133.3% vs 2023
- Average grant
- $2,661
- +59.7% vs 2023
- Median grant
- $2,000
- Total assets
- $54,200
- +16.2% vs 2023
- Primary geography
- Louisiana (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Ivy Legacy Foundation of Acadiana funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Sam's Club Stores ($7K across 2 grants).
Organizations only. It also paid 5 grants to individuals ($12,000), which are not listed by name.
Grant Size Distribution
12 grants across all recorded years
The most common grant size was under $50K: 12 grants of 12 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 7 itemized grants.
States
Cities
How Ivy Legacy Foundation of Acadiana gives
- In 2024 it paid out 734% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2024, annual grant giving ranged from $1K (2022) to $19K (2024). In 2024 it made 7 grants totaling $19K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 5 grants to individuals Recipients not named | — | $12,000 |
| Sam's Club Stores Lafayette, LA | Childhood Hunger | $4,739 |
| Sam's Club Stores Lafayette, LA | Toiletries for Homeless Students | $1,890 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2024 | $54,200 | $54,184 | $46,612 | $18,629 | 7 | $18,629 | $2,537 |
| 2023 | $46,628 | $65,951 | $42,611 | $5,000 | 3 | $5,000 | $1,678 |
| 2022 | $23,288 | $7,260 | $2,802 | $1,000 | 2 | $1,000 | $1,185 |
Under IRS private-foundation payout rules, Ivy Legacy Foundation of Acadiana reported a distributable amount of $3K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Ivy Legacy Foundation of Acadiana is led by Marilyn Marshall, President on every filing since 2022; none of the 4 officers listed in 2024 report compensation.
Officers on the 2024 filing
Marilyn Marshall
President
On filings since 2022
5 hrs/week
No compensation reported
Andretta Porter-Williams
Secretary
On filings since 2022
2 hrs/week
No compensation reported
Carlita Babineaux
Vice President
On filings since 2022
2 hrs/week
No compensation reported
Quinta Thompson Credeur
Treasurer
New on the 2024 filing
No compensation reported
Former officers (1)
- Former: Karen J. King (2022–2023) — Treasurer
Data from IRS Form 990 filings, 2022–2024. "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 Ivy Legacy Foundation of Acadiana
How much does Ivy Legacy Foundation of Acadiana give each year?
Ivy Legacy Foundation of Acadiana gave $19K across 7 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $5K across 3 grants.
What is Ivy Legacy Foundation of Acadiana's typical grant size?
Ivy Legacy Foundation of Acadiana's median grant in 2024 was $2,000, and its average grant was $2,661, across 7 grants on its 2024 IRS Form 990-PF.
Where does Ivy Legacy Foundation of Acadiana give grants?
Ivy Legacy Foundation of Acadiana gives mostly in Louisiana: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Lafayette, LA (2 grants).
Does Ivy Legacy Foundation of Acadiana give general operating support?
Not in 2024: none of the 7 grants with a stated purpose on Ivy Legacy Foundation of Acadiana's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Education" (5 grants).
How large is Ivy Legacy Foundation of Acadiana?
Ivy Legacy Foundation of Acadiana reported $54K in total assets on its 2024 IRS Form 990-PF. It paid out $19K in qualifying distributions that year, against a required minimum of $3K (roughly 5% of its investment assets).
What is Ivy Legacy Foundation of Acadiana's EIN?
Ivy Legacy Foundation of Acadiana's EIN (Employer Identification Number) is 82-2527561. IRS Form 990 filing data is available on this page for 2022–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2022–2024
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Figures come from Ivy Legacy Foundation of Acadiana'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.
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