Noel Foundation Inc is a private foundation focused on Education, based in SHREVEPORT, LA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $22.9M in total assets. In 2024, it awarded 21 grants totaling $725K. Net investment income was $1.3M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$22.9M
Annual Giving
$725K
Grant Count
21
Avg Grant Size
$35K
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.
About Noel Foundation Inc
Based on IRS filings
Noel Foundation Inc is a private foundation focused on Education, based in SHREVEPORT, LA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $22.9M in total assets. In 2024, it awarded 21 grants totaling $725K. Net investment income was $1.3M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $22,939,301 | $20,971,825 | $22,955,601 |
| Revenue | $1,570,452 | $1,567,889 | $1,602,305 |
| Expenses | $1,124,373 | $1,031,294 | $1,193,825 |
| Qualifying Distributions | $961,729 | $900,792 | $1,074,969 |
| Net Investment Income | $1,311,549 | $1,370,018 | $1,402,260 |
| Distributable Amount | $965,481 | $888,407 | $928,718 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
57 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Lsu Health Foundation ($117,680), Louisiana Key Academy Caddo Campus ($69,235), Red River Stem Inc ($60,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BOSSIER CHAMBER OF COMMERCE BOSSIER CITY, LA | CHARITABLE | $9,000 |
| CARREFOUR COLLABORATIVE MUSIC PROJECT KEITHVILLE, LA | CHARITABLE | $5,000 |
| CENTENARY COLLEGE OF LOUISIANA SHREVEPORT, LA | EDUCATIONAL | $50,000 |
| COMMUNITY FOUNDATION OF NORTH LOUISIANA SHREVEPORT, LA | CHARITABLE | $25,000 |
| FILM PRIZE FOUNDATION SHREVEPORT, LA | CHARITABLE | $30,000 |
| HIGHLAND CENTER CORP SHREVEPORT, LA | CHARITABLE | $30,000 |
| HOLY ANGELS SHREVEPORT, LA | CHARITABLE | $25,000 |
| JUNIOR ACHIEVEMENT OF NORTH LA SHREVEPORT, LA | CHARITABLE | $30,000 |
| LOUISIANA KEY ACADEMY CADDO CAMPUS SHREVEPORT, LA | CHARITABLE | $69,235 |
| LSU HEALTH FOUNDATION SHREVEPORT, LA | CHARITABLE | $117,680 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ALEXANDER MIKABERIDZE | TRUSTEE | 2 | — |
| BRIAN SHERMAN | TRUSTEE | 2 | — |
| CLAIRE SEVIER | TREASURER | 2 | — |
| DELTON SMITH | PRESIDENT | 2 | — |
| GEORGE FRITZE JR | TRUSTEE | 2 | — |
| OLIVER JENKINS | VICE-PRESIDENT | 2 | — |
| RICHARD LAMB | SECRETARY | 2 | — |
| STACY WILLIAMS | TRUSTEE | 2 | — |
| ROBERT SMITH | TRUSTEE | 2 | — |
| LANE ROSEN | TRUSTEE | 2 | — |
| MERRITT CHASTAIN | TRUSTEE | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Noel Foundation Inc?
Noel Foundation Inc is a private foundation focused on Education, based in SHREVEPORT, LA. It holds $22.9M in total assets as of 2024.
How large is Noel Foundation Inc?
As of 2024, Noel Foundation Inc holds $22.9M in total assets with $1.6M in annual revenue. It awarded 21 grants totaling $725K in 2024.
Where does Noel Foundation Inc operate?
Noel Foundation Inc has awarded grants in Arkansas, Arizona, Louisiana, Missouri.
What size grants does Noel Foundation Inc award?
In 2024, Noel Foundation Inc awarded 21 grants totaling $725K — an average of about $35K per grant, based on its IRS Form 990 filings.
How much is Noel Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Noel Foundation Inc reported a distributable amount of $965K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
Browse active grant opportunities in Noel Foundation Inc'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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