LABI Foundation
To partner with business leaders to educate and help deliver successful strategies to maximize Louisiana's economic potential by offering educational materials and programs on areas of importance in Louisiana.
LABI Foundation at a glance
- Total assets
- $40,073
- -14.1% vs 2023
- Revenue (2024)
- $159,600
- -66.4% vs 2023
- Expenses (2024)
- $166,151
- -67.1% vs 2023
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who LABI Foundation funds
How this funder distributes its grants
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $250–500K range: 2 grants of 5 (40%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
How LABI Foundation gives
- Giving fell 57% from 2020 to 2023. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2023, annual grant giving ranged from $39K (2021) to $700K (2020). In 2023 it made 1 grant totaling $300K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Louisiana Association of Business and Industry Baton Rouge, LA | To work with in partnership with business leaders to educate and help deliver successful strategies to maximize economic potential. | $300,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants |
|---|---|---|---|---|---|
| 2024 | $40,073 | $159,600 | $166,151 | — | — |
| 2023 | $46,624 | $475,000 | $504,614 | $300,000 | 1 |
| 2022 | $76,238 | $383,943 | $460,672 | $325,000 | 2 |
| 2021 | $152,967 | $222,409 | $71,202 | $39,000 | 1 |
| 2020 | $1,760 | $693,092 | $746,256 | $700,000 | 1 |
About LABI Foundation
Based on IRS filings
LABI Foundation is a public charity focused on Employment, based in Baton Rouge, LA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $40K in total assets.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
LABI Foundation is led by Maura Donahue, President on every filing since 2020; none of the 4 officers listed in 2024 report compensation.
Officers on the 2024 filing
Maura Donahue
President
On filings since 2020
1 hr/week
No compensation reported
Christopher Kinsey
Director
On filings since 2020
1 hr/week
No compensation reported
Clay Allen
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Reldon Owens
Vice President
On filings since 2020
1 hr/week
No compensation reported
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.
Frequently asked questions about LABI Foundation
How large is LABI Foundation?
LABI Foundation reported $40K in total assets on its 2024 IRS Form 990. Its revenue that year was $160K.
What is LABI Foundation?
LABI Foundation is a public charity focused on Employment, based in Baton Rouge, LA. It holds $40K in total assets as of 2024.
Where does LABI Foundation operate?
LABI Foundation has awarded grants in Louisiana.
What is LABI Foundation's EIN?
LABI Foundation's EIN (Employer Identification Number) is 46-4858854. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(5)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS September 14, 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 7, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS July 10, 2024)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work LABI Foundation funds
Employment Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in LABI Foundation's focus areas in our free grants database
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Figures come from LABI 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.
LABI Foundation down — hundreds of funders to go?