The Rapides Foundation logo

The Rapides Foundation

ALEXANDRIA, LA EIN: 72-0423603 Website

The Rapides Foundation is a philanthropic organization based in Alexandria, Louisiana, designated as a 501(c)(3) public charity. The Foundation is a member of Rapides Healthcare System LLC, which owns and operates Rapides Regional Medical Center, a 345-bed acute-care hospital in Alexandria. The Foundation develops initiatives and provides grants to organizations that share its mission to improve the health status of Central Louisiana.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$363.1M

+2.8% YoY

Annual Giving

$16.5M

+34.8% YoY

Grant Count

41

-4.7% YoY

Avg Grant Size

$403K

+41.3% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

Mission: To improve the health status of Central Louisiana.

The Foundation focuses its work across three strategic priority areas:

Healthy People

  • Healthcare Access Initiative: Fosters the establishment and expansion of primary, behavioral, and quality patient-centered services through integration with community health clinics. Addresses screenings, medication access, and related medical manpower.
  • Healthy Behaviors Initiative: Addresses tobacco prevention and control, substance and alcohol abuse prevention, healthy eating, and active living.

Education

  • Objective: Increase the level of educational attainment and achievement as the primary path to improved economic, social, and health status.
  • Implementation through School Readiness, Effective Schools, and Career and Postsecondary Readiness components.

Healthy Communities

  • Economic Development Initiative: Improves economic opportunity and family income.
  • Social Environment Initiative: Enhances civic and community opportunities for more effective leaders and organizations.

Grantmaking

The Foundation funds projects and initiatives intended to improve the health of residents in its service region, with grant-making focused on education, philanthropy, voluntarism, and human services.

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Geographic Focus

Where this funder awards grants

The Foundation's service area consists of nine parishes in Central Louisiana: Allen, Avoyelles, Catahoula, Grant, LaSalle, Natchitoches, Rapides, Vernon, and Winn.

Grant Distribution by State

3states

Cities

AlexandriaBaton RougeBunkieCamptiCheneyvilleClearwaterColfaxCottonportEuniceHarrisonburgJenaKennerLafayetteLeesvilleMarksvilleNatchitochesNew IberiaOberlinPinevilleSevierville

Financial History

Multi-year comparison from IRS filings

As of 2024:

  • Total Assets: $363,056,628
  • Total Revenue: $10,255,274
  • Total Expenses: $12,442,505

As of 2023:

  • Total Assets: $353,000,000
  • Total Revenue: $7,310,000
  • Total Expenses: $20,100,000

Tax-Exempt Status: Since January 1972 (EIN: 72-0423603)

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$8M$17M$25M$33M20202021202220232024
Metric202420232022
Total Assets$363,056,628$352,997,972$326,264,915
Revenue$10,255,274$7,309,059$30,315,240
Expenses$12,442,505$20,101,051$16,452,617
Qualifying Distributions
Net Investment Income$12,981,559$6,420,118$11,927,364
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$5M$10M$14M$19M40 grants202043 grants202139 grants202243 grants202341 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

RAPIDES PARISH SCHOOL BO…$5.3MNATCHITOCHES PARISH SCHO…$3.1MLOUISIANA CENTRAL$1.0MLOUISIANA CENTRAL$760KTHE ORCHARD FOUNDATION$587KCMAP EXPRESS$575KCMAP EXPRESS$569KRAPIDES PARISH SCHOOL BO…$441KTHE ORCHARD FOUNDATION$389KGRANT PARISH SCHOOL BOARD$339K

Grant Size Distribution

206 grants across all recorded years

62<$50K34$50–100K55$100–250K28$250–500K12$500K–1M13$1–5M2$5M+

Open Grants

2 open opportunities from The Rapides Foundation

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

JOSEPH R ROSIER JRPRESIDENT & CEO$477KKAYREN SEGALLDIR OF ADMIN$201KASHLEY STEWARTDIR OF PROGRAMS$199KAKESHIA SINGLETONDIR OF EVALUATION$131KKATHY GUNNDIR OF COMMUNICATIONS$100K

From 2024 filing

NameTitleHoursCompensation
COREY LAIRMEMBER1
DEBBIE EDDLEMONMEMBER1
DWAYNE LEMOINEMEMBER1
JOSEPH R ROSIER JRPRESIDENT & CEO40$476,964
MATTHEW T WHITEHEAD DDSMEMBER2
THOMAS J DAVIS MDMEMBER1
VALERIE AYMONDMEMBER1
BRUCE BARTON MDMEMBER1
KIRK D COOPERMEMBER1
EDWIN URBI MDMEMBER1
ANGELA W DEGRAYMEMBER1
BRIAN ELKINS MDMEMBER1
MARK THOMPSONMEMBER1
MARK BROWNMEMBER1
HENRY WILLIAMSMEMBER1
TONI MCALLISTERMEMBER1
ASHLEY STEWARTDIR OF PROGRAMS40$199,412
KAYREN SEGALLDIR OF ADMIN40$200,757
AKESHIA SINGLETONDIR OF EVALUATION40$131,190
KATHY GUNNDIR OF COMMUNICATIONS40$99,898

Contact Information

Address: 1101 4th Street, Suite 101C, Alexandria, LA 71301

Phone: 318-443-3394 or 800-994-3394

Email: grantinfo@rapidesfoundation.org

Website: rapidesfoundation.org

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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