Oscar Lee Putnam Cultural Endowment
Oscar Lee Putnam Cultural Endowment is a private foundation, based in NEW ORLEANS, LA. IRS filing data is available from 2020 through 2021. As of 2021, the organization holds $316K in total assets. Net investment income was $41K.
Financial Overview
From 2021 IRS Form 990-PF · View filing
Total Assets
$316K
+14.9% YoY
Revenue
$44K
+8489.3% YoY
Net Investment Income
$41K
+5589.0% YoY
Expenses
$3K
-78.8% YoY
Under IRS private-foundation payout rules, Oscar Lee Putnam Cultural Endowment reported a distributable amount of $17K for 2021 — the minimum it must pay out in qualifying distributions.
About Oscar Lee Putnam Cultural Endowment
Based on IRS filings
Oscar Lee Putnam Cultural Endowment is a private foundation, based in NEW ORLEANS, LA. IRS filing data is available from 2020 through 2021. As of 2021, the organization holds $316K in total assets. Net investment income was $41K.
Ready to take the next step with Oscar Lee Putnam Cultural Endowment?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2021 | 2020 |
|---|---|---|
| Total Assets | $315,961 | $275,000 |
| Revenue | $44,235 | $515 |
| Expenses | $3,274 | $15,433 |
| Qualifying Distributions | — | — |
| Net Investment Income | $40,961 | $720 |
| Distributable Amount | $17,032 | $15,636 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2021
Grant Size Distribution
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2021.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2021 IRS filing
From 2021 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JUSTIN B SCHMIDT | TRUSTEE, PRESIDENT | 1 | — |
| EILEEN FRIEL POWERS | TRUSTEE, VICE PRESIDENT | 1 | — |
| DR JAMES M MACLAREN | TRUSTEE | 0.1 | — |
| MARSHALL L MICHEL III | TRUSTEE | 0.1 | — |
| CAROLINE S BRYAN | TRUSTEE | 0.1 | — |
| REV ANDREW THAYER | TRUSTEE | 0.1 | — |
Frequently Asked Questions
How large is Oscar Lee Putnam Cultural Endowment?
As of 2021, Oscar Lee Putnam Cultural Endowment holds $316K in total assets with $44K in annual revenue.
Where does Oscar Lee Putnam Cultural Endowment operate?
Oscar Lee Putnam Cultural Endowment has awarded grants in Louisiana.
How much is Oscar Lee Putnam Cultural Endowment required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2021, Oscar Lee Putnam Cultural Endowment reported a distributable amount of $17K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Oscar Lee Putnam Cultural Endowment's EIN?
Oscar Lee Putnam Cultural Endowment's EIN (Employer Identification Number) is 72-6022138. IRS Form 990 filing data is available on this page for 2020–2021.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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