The Toler Foundation is a private family foundation established in 1996 and based in New Orleans, Louisiana. The foundation operates as a 501(c)(3) organization with a primary focus on philanthropic giving in education and related areas.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7.4M
-14.2% YoY
Annual Giving
$450K
-7.7% YoY
Grant Count
22
+0.0% YoY
Avg Grant Size
$20K
-7.7% YoY
Under IRS private-foundation payout rules, The Toler Foundation reported a distributable amount of $441K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation gives primarily for education, including support for Episcopal schools. According to available information, the foundation also funds capital campaigns, health initiatives including Alzheimer's research and cancer institute funding, and human services, with a particular emphasis on Louisiana-based organizations.
Grantmaking
The Toler Foundation is actively engaged in grantmaking, having awarded $450,000 in grants in 2024 across 22 grants. Recent grants include:
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Geographic Focus
Where this funder awards grants
The foundation primarily funds initiatives in Louisiana, with particular activity in New Orleans, Covington, Mandeville, and Metairie.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets: $7,351,272 (as of October 2024)
Annual Giving: $450,000 (2024)
Total Expenses: $501,868 (2024)
Revenue: -$720,637 (2024, reflecting net losses from investment activity)
Investment Income: $184,297 (2024)
The foundation's financial position reflects significant assets with investment-driven revenue streams. The negative revenue in 2024 was primarily due to net losses from the sale of non-inventory assets.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $7,351,272 | $8,568,844 | $8,755,669 |
| Revenue | $-720,637 | $358,428 | $556,195 |
| Expenses | $501,868 | $538,220 | $654,420 |
| Qualifying Distributions | $450,000 | $487,500 | $569,000 |
| Net Investment Income | $136,014 | $307,708 | $503,689 |
| Distributable Amount | $441,333 | $444,515 | $493,400 |
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
103 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Carrollton Booster Club ($60,000), Trinity Episcopal School ($60,000), Christ Episcopal School ($45,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AUDUBON NATURE INSTITUTE INC NEW ORLEANS, LA | KIDS ZOO TO DO FUNDING | $5,000 |
| BAYOU DISTRICT FOUNDATION NEW ORLEANS, LA | CAPITAL CAMPAIGN | $15,000 |
| BRICOLAGE ACADEMY OF NEW ORLEANS NEW ORLEANS, LA | CAPITAL CAMPAIGN | $30,000 |
| CARROLLTON BOOSTER CLUB NEW ORLEANS, LA | CAPITAL CAMPAIGN | $60,000 |
| CHRIST EPISCOPAL SCHOOL COVINGTON, LA | CAPITAL CAMPAIGN | $45,000 |
| ISIDORE NEWMAN SCHOOL NEW ORLEANS, LA | CAPITAL CAMPAIGN | $5,000 |
| LADIES LEUKEMIA LEAGUE INC METAIRE, LA | CAPITAL CAMPAIGN | $12,000 |
| METROPOLITAN CRIME COALITION NEW ORLEANS, LA | CAPITAL CAMPAIGN | $5,000 |
| NATIONAL WORLD WAR II MUSEUM NEW ORLEANS, LA | CAPITAL CAMPAIGN | $25,000 |
| NEW SCHOOLS FOR NEW ORLEANS NEW ORLEANS, LA | CAPITAL CAMPAIGN | $20,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation's leadership includes:
- Nathaniel P. Phillips Jr. (Director/President)
- St. Denis Villere II (Director)
- Kathleen Louise Doody (Director/Secretary/Treasurer)
- Nathaniel P. Phillips III (Director)
- St. Denis J. Villere III (Director)
All directors serve without compensation and contribute minimal hours to the organization.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| NATHANIEL P PHILLIPS JR | DIRECTOR/PRES | 0.25 | — |
| ST DENIS VILLERE II | Director | 0.25 | — |
| KATHLEEN LOUISE DOODY | DIRECTOR/SEC/TR | 0.25 | — |
| NATHANIEL P PHILLIPS III | Director | 0.25 | — |
| ST DENIS J VILLERE III | Director | 0.25 | — |
Contact Information
Address: 509 Octavia Street, Suite B, New Orleans, LA 70115-2055
Telephone: 504-525-2985
EIN: 72-1340751
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The Toler Foundation fund?
The foundation gives primarily for education, including support for Episcopal schools. According to available information, the foundation also funds capital campaigns, health initiatives including Alzheimer's research and cancer institute funding, and human services, with a particular emphasis on Louisiana-based organizations.
How do I apply for a grant from The Toler Foundation?
The Toler Foundation is actively engaged in grantmaking, having awarded $450,000 in grants in 2024 across 22 grants. Recent grants include: • Trinity Episcopal School Endowment Trust II: $60,000 (Capital Campaign, 2024) • Christ Episcopal Church: $45,000 (Capital Campaign, 2024) • National WWII Museum: $25,000 (Capital Campaign, 2024) • New Schools For New Orleans (among other recipients) The foundation accepts new applicants and funded approximately 12% of new applicants in recent years.
Where does The Toler Foundation make grants?
The foundation primarily funds initiatives in Louisiana, with particular activity in New Orleans, Covington, Mandeville, and Metairie.
What size grants does The Toler Foundation award?
In 2024, The Toler Foundation awarded 22 grants totaling $450K — an average of about $20K per grant, based on its IRS Form 990 filings.
How much is The Toler Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Toler Foundation reported a distributable amount of $441K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Toler Foundation's EIN?
The Toler Foundation's EIN (Employer Identification Number) is 72-1340751. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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