Sequoia Foundation
Sequoia Foundation is a private foundation, based in New Orleans, LA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $253K in total assets. In 2025, it awarded 6 grants totaling $198K. Net investment income was $21.
Sequoia Foundation at a glance
In short: Sequoia Foundation gave $198K across 6 grants in 2025 (avg $33K), mostly in Louisiana. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $198,000
- +0.0% vs 2024
- Grants made (2025)
- 6
- +0.0% vs 2024
- Average grant
- $33,000
- +0.0% vs 2024
- Median grant
- $8,500
- Total assets
- $252,851
- -0.1% vs 2024
- Primary geography
- Louisiana (51% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Sequoia Foundation funds
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2025
The largest 2025 recipient was Tulane Department of Orthopaedics ($100K). Together the top 6 received $198K.
Grant Size Distribution
29 grants across all recorded years
The most common grant size was under $50K: 19 grants of 29 (66%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 6 itemized grants.
Cities
How Sequoia Foundation gives
- Giving held roughly steady from 2022 to 2025 (+0%). Method
- In 2025 it paid out 262% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $186K (2020) to $198K (2025). In 2025 it made 6 grants totaling $198K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Tulane Department of Orthopaedics New Orleans, LA | General Operational Support | $100,000 |
| Stetson University - J Ollie Edmunds Scholarship Program Deland, FL | General Operational Support | $75,000 |
| Duke Orthopaedic Surgery Durham, NC | General Operational Support | $12,000 |
| Orthopaedic Research and Education Foundation Rosemont, IL | General Operational Support | $5,000 |
| Vanderbilt Dept of Orthopaedic Surgery Nashville, TN | General Operational Support | $5,000 |
| Piedmont Orthopaedic Foundation Durham, NC | General Operational Support | $1,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $252,851 | $200,021 | $200,167 | $198,000 | 6 | $200,165 | $21 | $76,331 |
| 2024 | $252,997 | $200,142 | $199,878 | $198,000 | 6 | $199,875 | $142 | $57,734 |
| 2023 | $252,733 | $200,236 | $199,743 | $198,000 | 6 | $199,742 | $236 | $37,111 |
| 2022 | $252,240 | $200,051 | $199,612 | $198,000 | 6 | $199,612 | $51 | $31,508 |
| 2021 | $251,801 | $12 | $187,570 | $186,000 | 5 | $187,569 | $12 | $52,769 |
| 2020 | $439,359 | $67 | $188,654 | $186,000 | 5 | — | $67 | $54,093 |
| 2019 | $627,946 | $480,748 | $201,037 | $198,000 | 6 | — | $65,748 | $29,529 |
Under IRS private-foundation payout rules, Sequoia Foundation reported a distributable amount of $76K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Sequoia Foundation is led by J. Ollie Edmunds Jr., President on every filing since 2019; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
J. Ollie Edmunds Jr.
President
On filings since 2019
0.1 hrs/week
No compensation reported
Anne Edmunds Aguirre
Director
On filings since 2019
0.1 hrs/week
No compensation reported
Christopher Francis Edmunds
Secretary, Treasurer & Director
On filings since 2019
0.1 hrs/week
No compensation reported
Karen Oser Edmunds
Director
On filings since 2019
0.1 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "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 Sequoia Foundation
How much does Sequoia Foundation give each year?
Sequoia Foundation gave $198K across 6 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $198K across 6 grants.
What is Sequoia Foundation's typical grant size?
Sequoia Foundation's median grant in 2025 was $8,500, and its average grant was $33,000, across 6 grants on its 2025 IRS Form 990-PF.
Where does Sequoia Foundation give grants?
Sequoia Foundation gives mostly in Louisiana: 51% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Florida (38%) and North Carolina (7%). The most frequent recipient cities were Durham, NC (2 grants).
Does Sequoia Foundation give general operating support?
Yes: 100% of Sequoia Foundation's 2025 grants with a stated purpose (6 of 6) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Sequoia Foundation's largest grantees?
Sequoia Foundation's largest 2025 grantees include Tulane Department of Orthopaedics ($100,000), Stetson University - J Ollie Edmunds Scholarship Program ($75,000) and Duke Orthopaedic Surgery ($12,000), according to its 2025 IRS Form 990-PF. Together they received 94% of its itemized 2025 grant dollars.
How large is Sequoia Foundation?
Sequoia Foundation reported $253K in total assets on its 2025 IRS Form 990-PF. It paid out $200K in qualifying distributions that year, against a required minimum of $76K (roughly 5% of its investment assets).
What is Sequoia Foundation's EIN?
Sequoia Foundation's EIN (Employer Identification Number) is 72-1211104. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS June 30, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 8, 2026)
- IRS filings on file for fiscal years 2020–2024
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