Karen Franks Recchia Foundation
Karen Franks Recchia Foundation is a private foundation, based in Bossier City, LA. IRS filing data is available for 2025. As of 2025, the organization holds $1.1M in total assets. In 2025, it awarded 1 grant totaling $250K. Net investment income was $87K.
Karen Franks Recchia Foundation at a glance
In short: Karen Franks Recchia Foundation gave $250K across 1 grant in 2025 (avg $250K), mostly in Louisiana. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $250,000
- Grants made (2025)
- 1
- Average grant
- $250,000
- Median grant
- $250,000
- Total assets
- $1,081,735
- Primary geography
- Louisiana (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Karen Franks Recchia Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Gingerbread House ($250K).
Grant Size Distribution
1 grant across all recorded years
The most common grant size was in the $250–500K range: 1 grant of 1 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Karen Franks Recchia Foundation gives
- In 2025 it paid out 489% 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
In 2025 it made 1 grant totaling $250K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Gingerbread House Shreveport, LA | Unrestricted Gift to 501(C)(3) Organization | $250,000 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,081,735 | $1,335,235 | $253,500 | $250,000 | 1 | $250,600 | $87,004 | $51,205 |
Under IRS private-foundation payout rules, Karen Franks Recchia Foundation reported a distributable amount of $51K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Karen Franks Recchia Foundation is led by Karen Recchia, President on the 2025 filing; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Karen Recchia
President
New on the 2025 filing
2 hrs/week
No compensation reported
John Schmidt
Treasurer
New on the 2025 filing
1 hr/week
No compensation reported
Lauren Nunnery
Secretary
New on the 2025 filing
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2025. "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 Karen Franks Recchia Foundation
How much does Karen Franks Recchia Foundation give each year?
Karen Franks Recchia Foundation gave $250K across 1 grant in 2025, according to its 2025 IRS Form 990-PF.
How large is Karen Franks Recchia Foundation?
Karen Franks Recchia Foundation reported $1.1M in total assets on its 2025 IRS Form 990-PF. It paid out $251K in qualifying distributions that year, against a required minimum of $51K (roughly 5% of its investment assets).
Where does Karen Franks Recchia Foundation operate?
Karen Franks Recchia Foundation has awarded grants in Louisiana.
What is Karen Franks Recchia Foundation's EIN?
Karen Franks Recchia Foundation's EIN (Employer Identification Number) is 33-3346940. IRS Form 990 filing data is available on this page for 2025.
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
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 15, 2026)
Other open foundation grants in Louisiana
Louisiana Open opportunities, soonest deadline first.
- Millard Morris Founder's Scholarship (Community Foundation of Southwest Louisiana) $1,000 per year for Years 1-3 and $2,000 for Year 4 (4-year program) · Due March 15, 2027
- Gwen Higgins English Scholarship (Community Foundation of Southwest Louisiana) $2,000 (one-time) · Due March 15, 2027
- Richard O. and Frances E. Boisture Scholarship (Community Foundation of Southwest Louisiana) $1,000 (one-time) · Due March 15, 2027
Explore Open Grants
Browse active grant opportunities in Karen Franks Recchia Foundation's focus areas in our free grants database
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Funders with grantees in common, and similar funders in Louisiana
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