Lorio Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in THIBODAUX, LA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $28.8M in total assets. In 2024, it awarded 1 grants totaling $1.2M. Net investment income was $2.2M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$28.8M
+2.9% YoY
Annual Giving
$1.2M
-8.8% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$1.2M
-8.8% YoY
Under IRS private-foundation payout rules, Lorio Foundation reported a distributable amount of $1.6M for 2024 — the minimum it must pay out in qualifying distributions.
About Lorio Foundation
Based on IRS filings
Lorio Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in THIBODAUX, LA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $28.8M in total assets. In 2024, it awarded 1 grants totaling $1.2M. Net investment income was $2.2M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $28,801,103 | $27,983,746 | $27,461,860 |
| Revenue | $2,360,141 | $2,255,407 | $3,900,830 |
| Expenses | $1,542,785 | $1,733,524 | $1,643,111 |
| Qualifying Distributions | $1,383,950 | $1,534,439 | $1,438,203 |
| Net Investment Income | $2,211,625 | $2,114,483 | $3,766,843 |
| Distributable Amount | $1,564,469 | $1,480,801 | $1,464,083 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include See ($1,211,000).
| Recipient | Purpose | Amount |
|---|---|---|
| See Thibodaux, LA | see attached | $1,211,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Camille A Morvant III | Exec Dir | 30 | $68,250 |
| Christopher Terracina | Pres | 5 | — |
| Rita Dickie | Vice Pres | 30 | $64,714 |
| Ann Boudreaux | Board Member | 10 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Lorio Foundation?
Lorio Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in THIBODAUX, LA. It holds $28.8M in total assets as of 2024.
How large is Lorio Foundation?
As of 2024, Lorio Foundation holds $28.8M in total assets with $2.4M in annual revenue. It awarded 1 grants totaling $1.2M in 2024.
Where does Lorio Foundation operate?
Lorio Foundation has awarded grants in Louisiana.
What size grants does Lorio Foundation award?
In 2024, Lorio Foundation awarded 1 grants totaling $1.2M — an average of about $1.2M per grant, based on its IRS Form 990 filings.
How much is Lorio Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Lorio Foundation reported a distributable amount of $1.6M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Lorio Foundation's EIN?
Lorio Foundation's EIN (Employer Identification Number) is 72-1318244. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Lorio Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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