The Felterman Foundation is a private foundation focused on Arts and culture, based in PATTERSON, LA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $941K in total assets. In 2024, it awarded 54 grants totaling $70K. Net investment income was $165K.
Key facts about The Felterman Foundation
- EIN
- 72-1178593
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $70,350
- Grants made (2024)
- 54
- Average grant
- $1,303
- Median grant
- $1,000
- Total assets
- $941,024
- Primary geography
- Louisiana (85% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated April 2026.
Who The Felterman Foundation funds
By grant dollars, the top recipient states for The Felterman Foundation's 54 itemized 2024 grants were Louisiana (85%) and Texas (8%). The most frequent recipient cities were Patterson, LA (12 grants), Lafayette, LA (7 grants), Thibodaux, LA (6 grants) and Ruston, LA (3 grants). None of its 54 grants with a stated purpose were described as general or operating support. Recurring purposes include "Educational" (45 grants) and "Medical" (8 grants).
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$941K
+11.7% YoY
Annual Giving
$70K
+2.9% YoY
Grant Count
54
+5.9% YoY
Avg Grant Size
$1K
-2.8% YoY
Under IRS private-foundation payout rules, The Felterman Foundation reported a distributable amount of $79K for 2024 — the minimum it must pay out in qualifying distributions.
About The Felterman Foundation
Based on IRS filings
The Felterman Foundation is a private foundation focused on Arts and culture, based in PATTERSON, LA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $941K in total assets. In 2024, it awarded 54 grants totaling $70K. Net investment income was $165K.
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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 | $941,024 | $842,686 | $853,075 |
| Revenue | $170,057 | $58,898 | $59,830 |
| Expenses | $71,719 | $69,287 | $83,789 |
| Qualifying Distributions | $70,514 | $68,483 | $79,988 |
| Net Investment Income | $165,442 | $55,594 | $50,861 |
| Distributable Amount | $78,999 | $70,356 | $69,607 |
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
238 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Md Anderson Cancer Center ($3,000), Nicholls State University - Keatyn Harden ($3,000), Ochsner Foundation ($3,000).
| Recipient | Purpose | Amount |
|---|---|---|
| MD ANDERSON CANCER CENTER HOUSTON, TX | MEDICAL | $3,000 |
| NICHOLLS STATE UNIVERSITY - KEATYN HARDEN THIBODAUX, LA | EDUCATIONAL | $3,000 |
| OCHSNER FOUNDATION JEFFERSON, LA | MEDICAL | $3,000 |
| DILLARD UNIVERSITY - MICHAEL BROWN NEW ORLEANS, LA | EDUCATIONAL | $2,000 |
| EAST TEXAS BAPTIST UNIVERSITY - DESTIN SMITH MARSHALL, TX | EDUCATIONAL | $2,000 |
| FLETCHER TECHNICAL COMMUNITY COLLEGE - RYAN CHAISSON SCHRIEVER, LA | EDUCATIONAL | $2,000 |
| LOUISIANA TECH UNIVERSITY - ALEXANDER KYLE RUSTON, LA | EDUCATIONAL | $2,000 |
| LOUISIANA TECH UNIVERSITY - DEVIN LAWRENCE RUSTON, LA | EDUCATIONAL | $2,000 |
| LOUISIANA TECH UNIVERSITY - KAYLEE CRADDOCK RUSTON, LA | EDUCATIONAL | $2,000 |
| NICHOLLS STATE UNIVERSITY - ALEXANDER HAVEN THIBODAUX, LA | EDUCATIONAL | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DANIEL C FELTERMAN | PRESIDENT | — | — |
| LISA F KORNEGAY | VICE PRESIDENT | — | — |
| BEN FELTERMAN | DIRECTOR | — | — |
| JODY M FELTERMAN | TREASURER | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Felterman Foundation?
The Felterman Foundation is a private foundation focused on Arts and culture, based in PATTERSON, LA. It holds $941K in total assets as of 2024.
How large is The Felterman Foundation?
As of 2024, The Felterman Foundation holds $941K in total assets with $170K in annual revenue. It awarded 54 grants totaling $70K in 2024.
Where does The Felterman Foundation operate?
The Felterman Foundation has awarded grants in Arkansas, District of Columbia, Florida, Kansas, Louisiana, Mississippi, New York, Tennessee, Texas, Virginia.
What size grants does The Felterman Foundation award?
In 2024, The Felterman Foundation awarded 54 grants totaling $70K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is The Felterman Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Felterman Foundation reported a distributable amount of $79K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Felterman Foundation's EIN?
The Felterman Foundation's EIN (Employer Identification Number) is 72-1178593. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Felterman 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.