Nola Foundation

Organization Overview

Nola Foundation is located in New York, NY. The organization was established in 1999. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nola Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Nola Foundation generated $358.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.4%) each year. All expenses for the organization totaled $680.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Nola Foundation has awarded 114 individual grants totaling $3,297,820. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

N/A


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $14
Dividends & Interest $72,515
Net Rental Income$0
Net Gain on Sale of Assets $285,763
Capital Gain Net Income $285,763
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $358,292

Grants Awarded

Over the last fiscal year, Nola Foundation has awarded $648,947 in support to 36 organizations.

Grant RecipientAmount

TULANE UNIVERSITY

PURPOSE: CHARITABLE

$150,000

MORRYS CAMP INC

PURPOSE: CHARITABLE

$145,000

NEW YORK PRESBYTERIAN HOSPITAL

PURPOSE: CHARITABLE

$100,000

GRACE CHURCH SCHOOL

Org PageRecipient Profile

New York, NY

PURPOSE: CHARITABLE

$60,000

CENTRAL SYNAGOGUE

Org PageRecipient Profile

New York, NY

PURPOSE: CHARITABLE

$57,900

CIVICS UNPLUGGED

PURPOSE: CHARITABLE

$50,000
View Grant Profile

Peer Organizations

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