The Sisung Foundation
The Sisung Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in New Orleans, LA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $779K in total assets. In 2024, it awarded 10 grants totaling $39K. Net investment income was $383.
Key facts about The Sisung Foundation
- EIN
- 20-2075762
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $39,000
- Grants made (2024)
- 10
- Average grant
- $3,900
- Median grant
- $5,000
- New grantees (estimate)
- 0% first-time grantees (0 of 10, 2024)
- Total assets
- $779,342
- Primary geography
- Louisiana (56% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who The Sisung Foundation funds
By grant dollars, the top recipient states for The Sisung Foundation's 10 itemized 2024 grants were Louisiana (56%), North Carolina (13%) and Florida (13%). The most frequent recipient cities were New Orleans, LA (2 grants). 100% of grants with a stated purpose were for general or operating support.
Is The Sisung Foundation open to new grantees?
0%
first-time grantees, 2024
In 2024, 0 of 10 grantees (0%) were first-time recipients. How we count
- 90% of 2024 grantees were also funded in 2023. Method
- Giving fell 42% from 2021 to 2024. Method
- In 2024 it paid out 109% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2021–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with The Sisung Foundation
- How to evaluate The Sisung Foundation as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
- Draft an LOI to The Sisung Foundation with AI
AI grant writing that drafts from your organization’s own materials, in your voice.
- Track this opportunity in a free grant tracker
A free Google Sheets or Excel template for deadlines, award terms, and reports due.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$779K
-5.3% YoY
Annual Giving
$39K
-17.0% YoY
Grant Count
10
-23.1% YoY
Avg Grant Size
$4K
+7.9% YoY
Under IRS private-foundation payout rules, The Sisung Foundation reported a distributable amount of $40K for 2024 — the minimum it must pay out in qualifying distributions.
About The Sisung Foundation
Based on IRS filings
The Sisung Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in New Orleans, LA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $779K in total assets. In 2024, it awarded 10 grants totaling $39K. Net investment income was $383.
Focus Areas
Ready to take the next step with The Sisung Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 10 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $779,342 | $823,018 | $922,667 |
| Revenue | $383 | $-51,635 | $-60,627 |
| Expenses | $44,059 | $48,015 | $54,645 |
| Qualifying Distributions | $44,000 | $47,000 | $53,600 |
| Net Investment Income | $383 | $663 | $7,395 |
| Distributable Amount | $40,417 | $43,586 | $44,272 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2024
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
58 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Bethel Community Baptist Church ($5,000), Billy Graham Evangelical Associatio ($5,000), Louisiana Baptist Children ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BETHEL COMMUNITY BAPTIST CHURCH New Orleans, LA | GENERAL SUPPORT | $5,000 |
| BILLY GRAHAM EVANGELICAL ASSOCIATIO Charlotte, NC | GENERAL SUPPORT | $5,000 |
| LOUISIANA BAPTIST CHILDREN Saint Gabriel, LA | GENERAL SUPPORT | $5,000 |
| LOUISIANA METHODIST CHILDREN Monroe, LA | GENERAL SUPPORT | $5,000 |
| ST JUDES CHILDRENS RESEARCH HOSPI Miami, FL | GENERAL SUPPORT | $5,000 |
| TUNNEL TO TOWERS FOUNDATION Memphis, TN | GENERAL SUPPORT | $5,000 |
| IN TOUCH MINISTRIES New Orleans, LA | GENERAL SUPPORT | $5,000 |
| SHRINERS HOSPITAL FOR CHILDREN Metairie, LA | GENERAL SUPPORT | $2,000 |
| ALZHEIMERS DISEASE RESEARCH Clarksburg, MD | GENERAL SUPPORT | $1,000 |
| THE SALVATION ARMY Ranson, WV | GENERAL 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 |
|---|---|---|---|
| LAWRENCE J SISUNG Jr | Director | — | — |
| Frances V Sisung | Director | — | — |
| Robert L Sisung | Director | — | — |
| Lawrence J Sisung III | Director | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Sisung Foundation?
The Sisung Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in New Orleans, LA. It holds $779K in total assets as of 2024.
How large is The Sisung Foundation?
As of 2024, The Sisung Foundation holds $779K in total assets with $383 in annual revenue. It awarded 10 grants totaling $39K in 2024.
Where does The Sisung Foundation operate?
The Sisung Foundation has awarded grants in Arizona, California, District of Columbia, Florida, Georgia, Kansas, Louisiana, Maryland, North Carolina, New York, Oklahoma, Tennessee, West Virginia.
What size grants does The Sisung Foundation award?
In 2024, The Sisung Foundation awarded 10 grants totaling $39K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is The Sisung Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Sisung Foundation reported a distributable amount of $40K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Sisung Foundation's EIN?
The Sisung Foundation's EIN (Employer Identification Number) is 20-2075762. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in The Sisung Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Shell USA Company Foundation
Houston, TX
Assets
$52.3M
Grants
4,650
Total Given
$16.0M
Dr Daniel C Hartnett Family Foundation
Long Lake, MN
Assets
$1.4M
Grants
69
Total Given
$22K
Amica Companies Foundation
Lincoln, RI
Assets
$43.8M
Grants
1,288
Total Given
$4.2M
Chubb Charitable Foundation
Philadelphia, PA
Assets
$74.9M
Grants
3,719
Total Given
$6.3M
The Administrators of the Tulane Educational Fund
New Orleans, LA
Assets
$4.6B
Grants
891
Total Given
$25.4M
The Greater New Orleans Foundation
New Orleans, LA
Assets
$513.0M
Grants
623
Total Given
$34.6M
Baton Rouge Area Foundation
Baton Rouge, LA
Assets
$342.7M
Grants
370
Total Given
$32.9M
Community Foundation of Acadiana
Lafayette, LA
Assets
$183.5M
Grants
324
Total Given
$18.6M
Goldring Family Foundation
Metairie, LA
Assets
$199.2M
Grants
305
Total Given
$7.0M
Baptist Community Ministries
New Orleans, LA
Assets
$369.4M
Grants
266
Total Given
$10.0M
Enterprise Holdings Foundation
Saint Louis, MO
Assets
—
Grants
9,499
Total Given
$73.1M
The Pfizer Foundation Inc
New York, NY
Assets
$255.3M
Grants
9,306
Total Given
$23.2M
More Funders in Louisiana
Data last updated September 2026. Sourced from IRS Form 990-PF filings.