Monroe Chamber Foundation logo

Monroe Chamber Foundation

Private foundation · Grantmaker Monroe, LA EIN: 72-0914245 Website

The Monroe Chamber of Commerce, established over 120 years ago, is a business trade association dedicated to economic growth and serving the needs of the business community in Northeast Louisiana. As a policy advocate on local, state and federal levels, the Chamber helps new businesses open and existing businesses expand while strengthening workforce development, building infrastructure, and improving the overall business environment. The organization acts as a convener of coalitions, supporter of business leaders, and advocate for a thriving regional economy through programs like Leadership Ouachita, Young Professionals, and various committee initiatives.

Key facts about Monroe Chamber Foundation

In short: Monroe Chamber Foundation gave $213K across 2 grants in 2024 (avg $106K), mostly in Louisiana. Source: 2024 IRS Form 990-PF.

EIN
72-0914245
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$212,925
Grants made (2024)
2
Average grant
$106,463
Median grant
$106,463
Total assets
$43,298
Primary geography
Louisiana (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$43K

-90.1% YoY

Annual Giving

$213K

+219.2% YoY

Grant Count

2

+100.0% YoY

Avg Grant Size

$106K

+59.6% YoY

How Monroe Chamber Foundation gives

  • Giving grew 75% from 2021 to 2024. Method
  • In 2021 it paid out well above its IRS minimum distribution (the 5% rule). Method

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

About Monroe Chamber Foundation

Based on IRS filings

Monroe Chamber Foundation is a private foundation, based in Monroe, LA. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $43K in total assets. In 2024, it awarded 2 grants totaling $213K. Net investment income was $695.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2024 grant dollars across all 2 itemized grants.

States

Cities

MonroeWest Monroe

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K2 grants2019 2 grants2020 2 grants2021 1 grant2022 1 grant2023 2 grants2024

From 2019 to 2024, annual grant giving ranged from $4K (2022) to $213K (2024). In 2024 it made 2 grants totaling $213K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Boys and Girls Clubs of North Louisiana: $182KBoys and Girls Clubs of NorthLouisiana$182KMonroe Chamber of Commerce Inc: $31KMonroe Chamber of Commerce Inc$31K

The largest 2024 recipient was Boys and Girls Clubs of North Louisiana ($182K). Together the top 2 received $213K.

Grant Size Distribution

8 grants across all recorded years

5<$50K1$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 5 grants of 8 (63%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Boys and Girls Clubs of North Louisiana West Monroe, LA501(C)3$182,425
Monroe Chamber of Commerce Inc Monroe, LA501(c)(6)NOVA TRAINING & PLACEMENT$30,500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K2019 2020 2021 2022 2023 2024
Metric202420232022
Total Assets$43,298$435,799$36,534
Revenue$26,695$466,785$13,500
Expenses$419,196$67,520$4,593
Qualifying Distributions$212,925$66,715$4,233
Net Investment Income$695——

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS August 7, 2020)
  2. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Monroe Chamber Foundation is led by Roy Heatherly, President & CEO on every filing since 2021; none of the 10 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Roy Heatherly

    President & CEO

    On filings since 2021

    No compensation reported

  • Jeremy Harrell

    Chairman

    Treasurer → Chair Elect, 2023

    Chair Elect → Chairman, 2024

    On filings since 2019

    No compensation reported

  • Jay Mulhern

    Imm. Past Chair

    Chairman Elect → Chairman, 2023

    Chairman → Imm. Past Chair, 2024

    On filings since 2019

    No compensation reported

  • Jasmyne McConnell

    Membership Vice President

    On filings since 2022

    No compensation reported

  • Aimee Kane

    Chair Elect

    Vice President of Finance → Chair Elect, 2024

    On filings since 2023

    No compensation reported

  • Amanda Edge

    Government Vice President

    New on the 2024 filing

    No compensation reported

  • Colby Walker

    Committee Management Vice President

    New on the 2024 filing

    No compensation reported

  • Ethan Hunt

    Treasurer

    New on the 2024 filing

    No compensation reported

  • Leann Bond

    Healthcare Vice President

    New on the 2024 filing

    No compensation reported

  • Matthew Dickerson

    Workforce Dv Vice President

    New on the 2024 filing

    No compensation reported

Former officers (14)
  • Former: Paul Hutcheson (2020–2023) — Government Vice President
  • Former: Tania Hilburn (2020–2023) — Imm Past Chair
  • Former: Beverly Lewis (2021–2023) — Healthcare Vice President
  • Former: Wendy Tostenson (2022–2023) — Workforce & Executive Director Vice President
  • Former: John Landry (2020–2022) — Past Chairman
  • Former: Adam Greene (2019–2021) — Communications
  • Former: Terri Hicks (2019–2021) — Past Chairman
  • Former: Randy Stone (2020–2021) — Membership Vice President
  • Former: James Moore III (2019–2020) — Past Chairman
  • Former: Sue Nicholson (2019–2020) — President & CEO
  • Former: Billy Haddad (2019) — Past Chairman
  • Former: Doug Salter (2019) — Government Vice President
  • Former: Roderick Worthy (2019) — Member at Large
  • Former: Tim Green (2019) — Workforce Dv Vice President

Data from IRS Form 990 filings, 2019–2024. "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 Monroe Chamber Foundation

How much does Monroe Chamber Foundation give each year?

Monroe Chamber Foundation gave $213K across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $67K across 1 grant.

How large is Monroe Chamber Foundation?

Monroe Chamber Foundation reported $43K in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $27K.

Where does Monroe Chamber Foundation operate?

Monroe Chamber Foundation has awarded grants in Louisiana.

What is Monroe Chamber Foundation's EIN?

Monroe Chamber Foundation's EIN (Employer Identification Number) is 72-0914245. IRS Form 990 filing data is available on this page for 2019–2024.

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

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