The Lacoste Foundation

Private foundation · Grantmaker Lake Charles, LA EIN: 72-1375501

The Lacoste Foundation is a private foundation, based in Lake Charles, LA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $386K in total assets. In 2024, it awarded 9 grants totaling $21K. Net investment income was $23K.

Key facts about The Lacoste Foundation

In short: The Lacoste Foundation gave $21K across 9 grants in 2024 (avg $2K), mostly in Louisiana. Source: 2024 IRS Form 990-PF.

EIN
72-1375501
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$20,617
Grants made (2024)
9
Average grant
$2,291
Median grant
$1,000
Total assets
$385,682
Primary geography
Louisiana (70% of itemized 2024 grant dollars)

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

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$386K

-1.5% YoY

Annual Giving

$21K

+0.2% YoY

Grant Count

9

+12.5% YoY

Avg Grant Size

$2K

-10.9% YoY

Under IRS private-foundation payout rules, The Lacoste Foundation reported a distributable amount of $8K for 2024 — the minimum it must pay out in qualifying distributions.

How The Lacoste Foundation gives

  • Giving grew 278% from 2021 to 2024. Method
  • In 2024 it paid out 266% of its IRS minimum distribution (the 5% rule). Method

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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Share of 2024 grant dollars across all 9 itemized grants.

Cities

Lake CharlesBaton RougeGrand CoteauNew OrleansConventAuroraBastropBooneHindmanMetairiePhoenix

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K10 grants2020 6 grants2021 6 grants2022 8 grants2023 9 grants2024

From 2020 to 2024, annual grant giving ranged from $4K (2020) to $21K (2024). In 2024 it made 9 grants totaling $21K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

Samaritan's Purse: $5KSamaritan's Purse$5KManresa Retreat House: $3KManresa Retreat House$3KLouisiana Medical Alumni Association: $1KLouisiana Medical AlumniAssociation$1KSalvation Army: $1KSalvation Army$1KTurning Point USA: $1KTurning Point USA$1KHindman Settlement School: $250Hindman Settlement School$250Louisiana State Troopers Association: $200Louisiana State TroopersAssociation$200McNeese Foundation: $100McNeese Foundation$100

The largest 2024 recipient was Samaritan's Purse ($5K). Together the top 8 received $12K.

Grant Size Distribution

39 grants across all recorded years

39<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 39 grants of 39 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Miscellaneous Charitable Organizations Lake Charles, LACharity$9,067
Samaritan's Purse Boone, NCCharity$5,000
Manresa Retreat House Convent, LACharity$3,000
Louisiana Medical Alumni Association New Orleans, LACharity$1,000
Salvation Army Lake Charles, LACharity$1,000
Turning Point USA Phoenix, AZCharity$1,000
Hindman Settlement School Hindman, KYCharity$250
Louisiana State Troopers Association Baton Rouge, LACharity$200
McNeese Foundation Lake Charles, LACharity$100

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$385,682$391,635$407,996
Revenue$16,329$17,976$98,566
Expenses$22,282$34,337$18,548
Qualifying Distributions$20,617$20,575$7,864
Net Investment Income$22,535$19,562$24,857
Distributable Amount$7,749$5,260$6,548

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

The Lacoste Foundation is led by Alan D. Lacoste MD, Trustee on every filing since 2020 — the only officer listed, and uncompensated.

Officers on the 2024 filing

  • Alan D. Lacoste MD

    Trustee

    On filings since 2020

    3 hrs/week

    No compensation reported

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.

Frequently asked questions about The Lacoste Foundation

How much does The Lacoste Foundation give each year?

The Lacoste Foundation gave $21K across 9 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $21K across 8 grants.

What is The Lacoste Foundation's typical grant size?

The Lacoste Foundation's median grant in 2024 was $1,000, and its average grant was $2,291, across 9 grants on its 2024 IRS Form 990-PF.

Where does The Lacoste Foundation give grants?

The Lacoste Foundation gives mostly in Louisiana: 70% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was North Carolina (24%). The most frequent recipient cities were Lake Charles, LA (3 grants).

Does The Lacoste Foundation give general operating support?

Not in 2024: none of the 9 grants with a stated purpose on The Lacoste Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charity" (9 grants).

Who are The Lacoste Foundation's largest grantees?

The Lacoste Foundation's largest 2024 grantees include Samaritan's Purse ($5,000), Manresa Retreat House ($3,000) and Louisiana Medical Alumni Association ($1,000), according to its 2024 IRS Form 990-PF. Together they received 44% of its itemized 2024 grant dollars.

How large is The Lacoste Foundation?

The Lacoste Foundation reported $386K in total assets on its 2024 IRS Form 990-PF. It paid out $21K in qualifying distributions that year, against a required minimum of $8K (roughly 5% of its investment assets).

What is The Lacoste Foundation's EIN?

The Lacoste Foundation's EIN (Employer Identification Number) is 72-1375501. IRS Form 990 filing data is available on this page for 2020–2024.

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

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