Noel Foundation Inc
Noel Foundation Inc is a private foundation based in Shreveport, Louisiana. Its 2024 filing reports 21 grants totaling $724,915, all to recipients in Louisiana, and describes direct charitable activities supporting an endowed scholarship for elementary education and maintaining and improving a library at Louisiana State University-Shreveport.
Noel Foundation Inc at a glance
In short: Noel Foundation Inc gave $725K across 21 grants in 2024 (avg $35K), mostly in Louisiana. 48% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $724,915
- Grants made (2024)
- 21
- Average grant
- $34,520
- Median grant
- $30,000
- Total assets
- $22,939,301
- New grantees (estimate)
- 48% first-time grantees (10 of 21, 2024; small sample)
- Primary geography
- Louisiana (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Noel Foundation Inc
- How to Apply
-
The filing says to submit a project narrative and rationale; it specifies no particular form and no restrictions on awards.
- Review Cycle
- None listed.
- Deadline
- None listed.
- Contact
Application contact: Dr Robert Leitz One University Plac
Mailing address: One University Place, Shreveport, LA 71115-2399
Phone: (318) 798-4161
Website: https://www.noelcollection.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Noel Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was LSU Health Foundation ($118K). Together the top 10 received $534K.
Grant Size Distribution
57 grants across all recorded years
The most common grant size was under $50K: 45 grants of 57 (79%).
Geographic Focus
Where this funder awards grants
All reported 2024 grant dollars went to recipients in Louisiana. The listed 2024 recipients are based in Shreveport or, in the case of Bossier Chamber of Commerce, Bossier City.
Grant Distribution by State
Share of 2024 grant dollars across all 21 itemized grants.
Cities
Is Noel Foundation Inc open to new grantees?
48%
first-time grantees, 2024
In 2024, 10 of 21 grantees (48%) were first-time recipients. With only 21 grantees, that is a small sample: one grantee more or less moves the share by about 5 points. First grants averaged $33K; repeat grants $36K. How we count
Medians: $31K first-time, $30K repeat.
- Giving held roughly steady from 2021 to 2024 (−12%). Method
- In 2024 it paid out 100% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $479K (2020) to $827K (2021). In 2024 it made 21 grants totaling $725K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| LSU Health Foundation Shreveport, LA | Charitable | $117,680 |
| Louisiana Key Academy Caddo Campus Shreveport, LA | Charitable | $69,235 |
| Red River STEM Inc Shreveport, LA | Charitable | $60,000 |
| Shreveport Symphony Orchestra Shreveport, LA | Charitable | $54,500 |
| Centenary College of Louisiana Shreveport, LA | Educational | $50,000 |
| The Arc Caddo Bossier Shreveport, LA | Charitable | $50,000 |
| Volunteers for Youth Justice Shreveport, LA | Charitable | $40,000 |
| Shreveport Opera Shreveport, LA | Charitable | $32,500 |
| Film Prize Foundation Shreveport, LA | Charitable | $30,000 |
| Highland Center Corp Shreveport, LA | Charitable | $30,000 |
Ready to take the next step with Noel Foundation Inc?
Financial History
Multi-year comparison from IRS filings
The 2022 filing reports 8 grants, and the 2021 filing reports 19 grants.
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $22,939,301 | $1,570,452 | $1,124,373 | $724,915 | 21 | $961,729 | $1,311,549 | $965,481 |
| 2022 | $20,971,825 | $1,567,889 | $1,031,294 | $622,319 | 8 | $900,792 | $1,370,018 | $888,407 |
| 2021 | $22,955,601 | $1,602,305 | $1,193,825 | $826,574 | 19 | $1,074,969 | $1,402,260 | $928,718 |
| 2020 | $21,711,521 | $1,046,212 | $832,168 | $479,437 | 9 | — | $848,234 | $827,495 |
Under IRS private-foundation payout rules, Noel Foundation Inc reported a distributable amount of $965K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants include support for education, arts and cultural organizations, youth services, and community organizations. For example, Volunteers for Youth Justice describes its mission as providing advocacy and diversion services to youthful offenders and children in foster care. Shreveport Opera says it produces opera and musical productions and provides educational programming and outreach. The Film Prize Foundation describes work in economic growth, workforce development, youth job training, creative entrepreneurship, and tourism. These are the grantees’ stated missions, not the foundation’s.
The filing also reports direct charitable activities: a donation to the Ruth Herring Noel Endowed Scholarship for Elementary Education at Louisiana State University-Shreveport, and maintenance and improvement of an eighteenth-century library at Louisiana State University in Shreveport.
Grantmaking
In 2024, the foundation made 21 grants totaling $724,915. Grants ranged from $5,000 to $117,680, with a median of $30,000. The largest reported grants included LSU Health Foundation ($117,680), Louisiana Key Academy Caddo Campus ($69,235), Red River STEM Inc ($60,000), Shreveport Symphony Orchestra ($54,500), Centenary College of Louisiana ($50,000), and The Arc Caddo Bossier ($50,000). Other recipients included Volunteers for Youth Justice ($40,000), Shreveport Opera ($32,500), Film Prize Foundation ($30,000), Highland Center Corp ($30,000), Junior Achievement of North Louisiana ($30,000), and Community Foundation of North Louisiana ($25,000).
The filing states that the foundation does not restrict giving to preselected organizations. It says there is no particular application form; requests should include a narrative of the project and its rationale. The filing lists no limitations on awards.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Alexander Mikaberidze, Brian Sherman, George Fritze Jr, Stacy Williams, Robert Smith, and Lane Rosen as trustees; Claire Sevier as treasurer; Delton Smith as president; Oliver Jenkins as vice-president; and Richard Lamb as secretary.
Noel Foundation Inc is led by Delton Smith, President since 2024 (on filings since 2020); none of the 11 officers listed in 2024 report compensation.
Officers on the 2024 filing
Delton Smith
President
Vice President → President, 2024
On filings since 2020
2 hrs/week
No compensation reported
Alexander Mikaberidze
Trustee
On filings since 2020
2 hrs/week
No compensation reported
Brian Sherman
Trustee
On filings since 2020
2 hrs/week
No compensation reported
George Fritze Jr.
Trustee
On filings since 2020
2 hrs/week
No compensation reported
Merritt B. Chastain Jr.
Trustee
President → Trustee, 2024
On filings since 2020
2 hrs/week
No compensation reported
Stacy Williams
Trustee
On filings since 2020
2 hrs/week
No compensation reported
Lane Rosen
Trustee
New on the 2024 filing
2 hrs/week
No compensation reported
Robert Smith
Trustee
New on the 2024 filing
2 hrs/week
No compensation reported
Claire Sevier
Treasurer
On filings since 2020
2 hrs/week
No compensation reported
Oliver Jenkins
Vice President
Trustee → Vice President, 2024
On filings since 2020
2 hrs/week
No compensation reported
Richard Lamb
Secretary
On filings since 2020
2 hrs/week
No compensation reported
Former officers (2)
- Former: Larry Clark (2020–2022) — Trustee
- Former: Steven Walker (2020–2022) — Trustee
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 Noel Foundation Inc
How much does Noel Foundation Inc give each year?
Noel Foundation Inc gave $725K across 21 grants in 2024, according to its 2024 IRS Form 990-PF.
What is Noel Foundation Inc's typical grant size?
Noel Foundation Inc's median grant in 2024 was $30,000, and its average grant was $34,520, across 21 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Noel Foundation Inc that year got $33K on average.
Where does Noel Foundation Inc give grants?
Noel Foundation Inc gives mostly in Louisiana: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Shreveport, LA (19 grants).
Does Noel Foundation Inc give general operating support?
Not in 2024: none of the 21 grants with a stated purpose on Noel Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (19 grants).
Who are Noel Foundation Inc's largest grantees?
Noel Foundation Inc's largest 2024 grantees include LSU Health Foundation ($117,680), Louisiana Key Academy Caddo Campus ($69,235) and Red River STEM Inc ($60,000), according to its 2024 IRS Form 990-PF. Together they received 34% of its itemized 2024 grant dollars.
How large is Noel Foundation Inc?
Noel Foundation Inc reported $22.9M in total assets on its 2024 IRS Form 990-PF. It paid out $962K in qualifying distributions that year, against a required minimum of $965K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Noel Foundation Inc fund?
No mission statement for the foundation is provided. Its 2024 grants include support for education, arts and cultural organizations, youth services, and community organizations. See mission & focus areas ↑
How do I apply for a grant from Noel Foundation Inc?
The filing says to submit a project narrative and rationale; it specifies no particular form and no restrictions on awards. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Noel Foundation Inc's EIN?
Noel Foundation Inc's EIN (Employer Identification Number) is 23-7177629. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Noel Foundation Inc funds
Education Open opportunities, soonest deadline first.
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Browse active grant opportunities in Noel Foundation Inc's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Noel Foundation Inc funder profile. GrantGraph. Retrieved October 16, 2026, from https://grantable.co/funders/noel-foundation-inc-morg_3e27cb9e5b77482fbdfcc3ee3e385448
BibTeX
@misc{grantable_237177629_2026,
author = {{Grantable}},
title = {{Noel Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/noel-foundation-inc-morg_3e27cb9e5b77482fbdfcc3ee3e385448},
note = {Accessed 2026-10-16. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Noel 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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