Sequoia Foundation
Sequoia Foundation is a private foundation, based in New Orleans, LA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $253K in total assets. In 2024, it awarded 6 grants totaling $198K. Net investment income was $142.
Key facts about Sequoia Foundation
- EIN
- 72-1211104
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $198,000
- Grants made (2024)
- 6
- Average grant
- $33,000
- Median grant
- $8,500
- Total assets
- $252,997
- Primary geography
- Louisiana (51% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Sequoia Foundation funds
By grant dollars, the top recipient states for Sequoia Foundation's 6 itemized 2024 grants were Louisiana (51%), Florida (38%) and North Carolina (7%). The most frequent recipient cities were Durham, NC (2 grants). 100% of grants with a stated purpose were for general or operating support.
How Sequoia Foundation gives
- Giving held roughly steady from 2021 to 2024 (+6%). Method
- In 2024 it paid out 346% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Sequoia Foundation
- How to evaluate Sequoia Foundation as a funder
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$253K
+0.1% YoY
Annual Giving
$198K
+0.0% YoY
Grant Count
6
+0.0% YoY
Avg Grant Size
$33K
+0.0% YoY
Under IRS private-foundation payout rules, Sequoia Foundation reported a distributable amount of $58K for 2024 — the minimum it must pay out in qualifying distributions.
About Sequoia Foundation
Based on IRS filings
Sequoia Foundation is a private foundation, based in New Orleans, LA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $253K in total assets. In 2024, it awarded 6 grants totaling $198K. Net investment income was $142.
Ready to take the next step with Sequoia Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 6 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $252,997 | $252,733 | $252,240 |
| Revenue | $200,142 | $200,236 | $200,051 |
| Expenses | $199,878 | $199,743 | $199,612 |
| Qualifying Distributions | $199,875 | $199,742 | $199,612 |
| Net Investment Income | $142 | $236 | $51 |
| Distributable Amount | $57,734 | $37,111 | $31,508 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
28 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Tulane Department of Orthopaedics ($100,000), Stetson University - J Ollie Edmunds Scholarship Program ($75,000), Duke Orthopaedic Surgery ($12,000).
| 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 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| J Ollie Edmunds Jr | President | 0.1 | — |
| Karen Oser Edmunds | Director | 0.1 | — |
| Christopher Francis Edmunds | Secretary/Treasurer/Direct | 0.1 | — |
| Anne Edmunds Aguirre | Director | 0.1 | — |
Frequently Asked Questions
How large is Sequoia Foundation?
As of 2024, Sequoia Foundation holds $253K in total assets with $200K in annual revenue. It awarded 6 grants totaling $198K in 2024.
Where does Sequoia Foundation operate?
Sequoia Foundation has awarded grants in Florida, Illinois, Louisiana, North Carolina, Tennessee.
What size grants does Sequoia Foundation award?
In 2024, Sequoia Foundation awarded 6 grants totaling $198K — an average of about $33K per grant, based on its IRS Form 990 filings.
How much is Sequoia Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Sequoia Foundation reported a distributable amount of $58K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.