South Louisiana Economic Council

Public charity · Grantmaker Thibodaux, LA EIN: 58-1641910

Economic development

South Louisiana Economic Council at a glance

In short: South Louisiana Economic Council gave $28K across 2 grants in 2024 (avg $14K), mostly in Louisiana. Source: 2024 IRS Form 990.

Annual giving (2024)
$27,939
-27.0% vs 2023
Grants made (2024)
2
+0.0% vs 2023
Average grant
$13,970
-27.0% vs 2023
Median grant
$13,970
Total assets
$611,081
+19.4% vs 2023
Primary geography
Louisiana (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990, 2024 View filing

Data from IRS Form 990, 2024; updated September 2026.

Who South Louisiana Economic Council funds

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Bayou Region Incubator: $16KBayou Region Incubator$16KRestore or Retreat: $12KRestore or Retreat$12K

The largest 2024 recipient was Bayou Region Incubator ($16K). Together the top 2 received $28K.

Grant Size Distribution

11 grants across all recorded years

11<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 11 grants of 11 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2024 grant dollars across all 2 itemized grants.

States

Cities

ThibodauxHoumaBaton Rouge

How South Louisiana Economic Council gives

  • Giving held roughly steady from 2021 to 2024 (+4%). Method

From the foundation's IRS Form 990 filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K$40K3 grants2020 2 grants2021 2 grants2022 2 grants2023 2 grants2024

From 2020 to 2024, annual grant giving ranged from $19K (2022) to $40K (2020). In 2024 it made 2 grants totaling $28K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Bayou Region Incubator Baton Rouge, LAEconomic Development$15,939
Restore or Retreat Thibodaux, LAEconomic Development$12,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2024$611,081$1,196,723$1,179,875$27,9392$60
2023$511,759$1,177,239$1,059,824$38,2772$54
2022$487,426$877,153$785,571$19,1832$54
2021$410,078$631,173$584,145$26,8752$25
2020$427,971$476,884$559,724$39,7163$20

About South Louisiana Economic Council

Based on IRS filings

South Louisiana Economic Council is a public charity, based in Thibodaux, LA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $611K in total assets. In 2024, it awarded 2 grants totaling $28K. Net investment income was $60.

Leadership & Key People

Officers and directors from IRS filings

South Louisiana Economic Council is led by Vic Lafont, President on every filing since 2023; 2 of 10 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Vic Lafont

    President

    On filings since 2023

    40 hrs/week

    $110K (2024)

  • Christy Naquin

    President

    New on the 2024 filing

    40 hrs/week

    $23K (2024)

  • Chett Chiasson

    Chairman

    New on the 2024 filing

    No compensation reported

  • Scott Melancon

    Board Member

    Chairman → Board Member, 2024

    On filings since 2020

    No compensation reported

  • Bart Folse

    Board Member

    New on the 2024 filing

    No compensation reported

  • Kristine Strickland

    Board Member

    New on the 2024 filing

    No compensation reported

  • Marguerite Erwin

    Vice Chairman

    New on the 2024 filing

    No compensation reported

  • Marilyn Macik-Frey

    Secretary

    New on the 2024 filing

    No compensation reported

  • Matthew Newchurch

    Board Member

    New on the 2024 filing

    No compensation reported

  • Stevie Smith

    Board Member

    New on the 2024 filing

    No compensation reported

Former officers (9)
  • Former: Ken Rachal (2020–2023) — Secretary
  • Former: Barry Dufrene (2020–2022) — Board Member
  • Former: Douglas Toups (2020–2022) — Board Member
  • Former: Dustin Rabalais (2020–2022) — Vice Chairman
  • Former: Peter Louviere (2020–2022) — Board Member
  • Former: Raymond Wade (2020–2022) — Board Member
  • Former: Ben Giardina (2020–2021) — Vice Chairman
  • Former: Mark Folse (2020–2021) — Board Member
  • Former: Eric Danos (2020) — Board Member

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Vic Lafont — President/Ce: $110KVic LafontPresident/Ce$110KChristy Naquin — President/Ce: $23KChristy NaquinPresident/Ce$23K

The highest reported compensation on the 2024 filing was $110K, to Vic Lafont (President/Ce). 2 officers or directors reported compensation on that filing.

Frequently asked questions about South Louisiana Economic Council

How much does South Louisiana Economic Council give each year?

South Louisiana Economic Council gave $28K across 2 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $38K across 2 grants.

How large is South Louisiana Economic Council?

South Louisiana Economic Council reported $611K in total assets on its 2024 IRS Form 990. Its revenue that year was $1.2M.

Where does South Louisiana Economic Council operate?

South Louisiana Economic Council has awarded grants in Louisiana.

What is South Louisiana Economic Council's EIN?

South Louisiana Economic Council's EIN (Employer Identification Number) is 58-1641910. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS July 9, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS July 29, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS August 8, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS July 22, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS July 1, 2025)
  6. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from South Louisiana Economic Council's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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