Larc Foundation Inc logo

Larc Foundation Inc

Public charity · Grantmaker Lafayette, LA EIN: 72-1446488 Website

The foundation invests, manages, and safeguards donations made for the benefit of larc, inc.

Larc Foundation Inc at a glance

In short: Larc Foundation Inc gave $79K across 1 grant in 2025 (avg $79K), mostly in Louisiana. Source: 2025 IRS Form 990.

Annual giving (2025)
$79,405
+39.6% vs 2024
Grants made (2025)
1
+0.0% vs 2024
Average grant
$79,405
+39.6% vs 2024
Median grant
$79,405
Total assets
$1,413,723
+6.9% vs 2024
Primary geography
Louisiana (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990, 2025 View filing

Data from IRS Form 990, 2025; updated September 2026.

Who Larc Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Larc Inc: $79KLarc Inc$79K

The largest 2025 recipient was Larc Inc ($79K).

Grant Size Distribution

6 grants across all recorded years

2<$50K4$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $50–100K range: 4 grants of 6 (67%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

Lafayette

How Larc Foundation Inc gives

  • Giving fell 26% from 2022 to 2025. Method

From the foundation's IRS Form 990 filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K1 grant2021 2 grants2022 1 grant2023 1 grant2024 1 grant2025

From 2021 to 2025, annual grant giving ranged from $33K (2021) to $107K (2022). In 2025 it made 1 grant totaling $79K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Larc Inc Lafayette, LAOperating Cash$79,405
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2025$1,413,723$169,216$81,030$79,4051$97,416
2024$1,322,325$93,718$58,464$56,8641$90,638
2023$1,204,249$-35,449$56,586$55,0361$-38,259
2022$1,206,370$2,199$108,025$106,5922$-301
2021$1,456,912$145,434$42,817$33,4671$145,434

About Larc Foundation Inc

Based on IRS filings

Larc Foundation Inc is a public charity, based in Lafayette, LA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $1.4M in total assets. In 2025, it awarded 1 grant totaling $79K. Net investment income was $97K.

Leadership & Key People

Officers and directors from IRS filings

Larc Foundation Inc is led by Nicholas Gachassin III, President on every filing since 2021; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Nicholas Gachassin III

    President

    On filings since 2021

    2 hrs/week

    No compensation reported

  • Jd Morein

    Vice President

    On filings since 2021

    2 hrs/week

    No compensation reported

  • Lyon Hebert

    Secretary

    On filings since 2021

    2 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2021–2025. "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 Larc Foundation Inc

How much does Larc Foundation Inc give each year?

Larc Foundation Inc gave $79K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $57K across 1 grant.

How large is Larc Foundation Inc?

Larc Foundation Inc reported $1.4M in total assets on its 2025 IRS Form 990. Its revenue that year was $169K.

Where does Larc Foundation Inc operate?

Larc Foundation Inc has awarded grants in Louisiana.

What is Larc Foundation Inc's EIN?

Larc Foundation Inc's EIN (Employer Identification Number) is 72-1446488. IRS Form 990 filing data is available on this page for 2021–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2021 (received by the IRS December 13, 2021)
  2. Updated Form 990 for fiscal year 2022 (received by the IRS December 21, 2022)
  3. Updated Form 990 for fiscal year 2023 (received by the IRS January 29, 2024)
  4. Updated Form 990 for fiscal year 2024 (received by the IRS January 15, 2025)
  5. Updated Form 990 for fiscal year 2025 (received by the IRS October 24, 2025)
  6. IRS filings on file for fiscal years 2021–2025

Live grants for the work Larc Foundation Inc funds

Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.

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Browse active grant opportunities in Larc Foundation Inc's focus areas in our free grants database

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Larc Foundation Inc'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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