Second Chance Foundation is a private foundation focused on Education, based in COVINGTON, LA. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $944 in total assets. In 2024, it awarded 18 grants totaling $144K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$944
-51.8% YoY
Annual Giving
$144K
-44.0% YoY
Grant Count
18
-5.3% YoY
Avg Grant Size
$8K
-40.9% YoY
Under IRS private-foundation payout rules, Second Chance Foundation reported a distributable amount of $46 for 2024 — the minimum it must pay out in qualifying distributions.
About Second Chance Foundation
Based on IRS filings
Second Chance Foundation is a private foundation focused on Education, based in COVINGTON, LA. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $944 in total assets. In 2024, it awarded 18 grants totaling $144K.
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 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $944 | $1,960 | $2,671 |
| Revenue | $144,500 | $257,500 | $193,000 |
| Expenses | $145,516 | $258,211 | $191,021 |
| Qualifying Distributions | $144,266 | $258,211 | $189,331 |
| Net Investment Income | — | — | — |
| Distributable Amount | $46 | $86 | $107 |
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
72 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Upward Community Services Inc ($40,600), Bridge House ($26,500), Solutions of Folsom ($12,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BRIDGE HOUSE NEW ORLEANS, TX | TO HELP PROVIDE RESOURCES TO THE HOMELESS | $26,500 |
| CARL CRUMP LAFAYETTE, LA | TO PROVIDE AN ALS PATIENT WITH FINANCIAL AID FOR THEIR MEDICAL EXPENSES. | $7,384 |
| DAVOR DEKARIS MANDEVILLE, LA | TO BRING PROFESSIONAL TENNIS PLAYERS TO COACH KIDS IN THE COMMUNITY. | $1,500 |
| GRANTS GIFT FOUNDATION INC MADISONVILLE, LA | TO PROVIDE GENERAL SUPPORT | $1,000 |
| GREATER NEW ORLEANS EDUCATIONAL TELEVISION FOUNDATION NEW ORLEANS, LA | TO PROVIDE SUPPORT FOR THE WYES SPRING FLING FUNDRAISER | $1,000 |
| INNOCENCE PROJECT NEW ORLEANS NEW ORLEANS, LA | TO PROVIDE GENERAL SUPPORT | $10,000 |
| ISTROUMA AREA COUNCIL OF BOY SCOUTS OF AMERICA BATON ROUGE, LA | TO PROVIDE GENERAL SUPPORT | $500 |
| JOSHUA LUDLAM DENHAM SPRINGS, LA | EDUCATIONAL | $5,745 |
| KELLY GIBSON FOUNDATION COVINGTON, LA | TO HELP IMPROVE THE LIVES OF THOSE LIVING IN NEW ORLEANS AND SURROUNDING AREAS. | $1,000 |
| RICH MAUTI CANCER FUND MANDEVILLE, LA | TO FUND AND SUPPORT CANCER RESEARCH | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL G SANDERSON | DIRECTOR / PRESIDENT | 1 | — |
| DAVID ISRAEL | DIRECTOR / SECR. - TREAS. | 1 | — |
| ALLYSON MAY | FOUNDATION MANAGER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Second Chance Foundation?
Second Chance Foundation is a private foundation focused on Education, based in COVINGTON, LA. It holds $944 in total assets as of 2024.
How large is Second Chance Foundation?
As of 2024, Second Chance Foundation holds $944 in total assets with $145K in annual revenue. It awarded 18 grants totaling $144K in 2024.
Where does Second Chance Foundation operate?
Second Chance Foundation has awarded grants in California, District of Columbia, Florida, Louisiana, Maryland, Pennsylvania, Texas, Utah, Wisconsin.
What size grants does Second Chance Foundation award?
In 2024, Second Chance Foundation awarded 18 grants totaling $144K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is Second Chance Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Second Chance Foundation reported a distributable amount of $46 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Second Chance Foundation's EIN?
Second Chance Foundation's EIN (Employer Identification Number) is 31-1494451. IRS Form 990 filing data is available on this page for 2019–2024.
Explore Open Grants
Browse active grant opportunities in Second Chance 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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