J Edgar Monroe Foundation
The J Edgar Monroe Foundation is a private foundation established in 1976 and based in Metairie, Louisiana. The foundation operates as a 501(c)(3) tax-exempt organization with a focus on charitable giving across multiple sectors.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$10.8M
-4.7% YoY
Annual Giving
$1.0M
-3.6% YoY
Grant Count
76
-6.2% YoY
Avg Grant Size
$14K
+2.7% YoY
Under IRS private-foundation payout rules, J Edgar Monroe Foundation reported a distributable amount of $1.0M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's giving priorities include:
- Arts
- Education
- Children and youth services
- Social services
- Philanthropy and voluntarism
- Human services
The foundation primarily funds general charitable purposes and has demonstrated particular interest in education-related initiatives, including support for science teachers and STEM education.
Grantmaking
The foundation distributes grants across multiple recipients annually, with a significant portion of funding directed toward educational institutions.
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Geographic Focus
Where this funder awards grants
The foundation's grantmaking extends primarily to:
- Louisiana
- Texas
- Rhode Island
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2023:
- Total Assets: $11,365,945
- Total Revenues: $522,804
- Total Expenses: $1,216,489
- Total Liabilities: $61
Revenue Composition (2023):
- Investment income and dividends: $433,050
- Net rental income: $47,918
- Grants and contributions: $26,000
The foundation maintains a substantial asset base and generates revenue primarily through investment returns and rental income.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $10,830,874 | $11,365,945 | $12,059,630 |
| Revenue | $699,319 | $522,804 | $556,273 |
| Expenses | $1,234,390 | $1,216,489 | $1,181,509 |
| Qualifying Distributions | $1,082,276 | $1,130,974 | $1,073,126 |
| Net Investment Income | $447,205 | $414,032 | $407,890 |
| Distributable Amount | $1,033,195 | $974,860 | $876,166 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Loyola University ($300,000), Volunteers of America ($30,000), St Francis Xavier Church ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Loyola University New Orleans, LA | General Charitable Purpose | $300,000 |
| New Orleans Museum of Art New Orleans, LA | General Charitable Purpose | $7,500 |
| New Orleans Opera Association New Orleans, LA | General Charitable Purpose | $2,209 |
| Volunteers of America New Orleans, LA | General Charitable Purpose | $30,000 |
| National World War II Museum New Orleans, LA | General Charitable Purpose | $10,000 |
| Magnolia Community Services Jefferson, LA | General Charitable Purpose | $10,000 |
| Boys Hope Girls Hope New Orleans, LA | General Charitable Purpose | $10,000 |
| Louisiana Philharmonic Orchestra New Orleans, LA | General Charitable Purpose | $2,000 |
| Louisiana Lighthouse New Orleans, LA | General Charitable Purpose | $10,000 |
| St Francis Xavier Church Metairie, LA | General Charitable Purpose | $25,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- William F Finegan – President
- P Kevin Colomb – Vice President
- Blair Monroe – Treasurer
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Blair Monroe | Treasurer | — | $17,200 |
| William F Finegan | President | 4 | $31,200 |
| P Kevin Colomb | Vice President | — | $21,800 |
Contact Information
Address: 111 Veterans Memorial Boulevard, Suite 407, Metairie, LA 70005-3024
Phone: 504-529-3539
EIN: 72-0784059
Frequently Asked Questions
What does J Edgar Monroe Foundation fund?
The foundation's giving priorities include: • Arts • Education • Children and youth services • Social services • Philanthropy and voluntarism • Human services The foundation primarily funds general charitable purposes and has demonstrated particular interest in education-related initiatives, including support for science teachers and STEM education.
How do I apply for a grant from J Edgar Monroe Foundation?
**Grant Activity:** • Made 72 grants in 2023 • Total giving in 2023: $1,030,784 • Typical grant awards range from $250 to $302,000 **Recent Notable Grants (2023):** • Loyola University: $302,000 • Preservation Society of Newport County: $100,000 • University of Holy Cross: $26,000 The foundation distributes grants across multiple recipients annually, with a significant portion of funding directed toward educational institutions.
Where does J Edgar Monroe Foundation make grants?
The foundation's grantmaking extends primarily to: • Louisiana • Texas • Rhode Island
What size grants does J Edgar Monroe Foundation award?
In 2024, J Edgar Monroe Foundation awarded 76 grants totaling $1.0M — an average of about $14K per grant, based on its IRS Form 990 filings.
How much is J Edgar Monroe Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, J Edgar Monroe Foundation reported a distributable amount of $1.0M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is J Edgar Monroe Foundation's EIN?
J Edgar Monroe Foundation's EIN (Employer Identification Number) is 72-0784059. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in J Edgar Monroe Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.