George Rodrigue Foundation Inc
- Assets
- $677.2k
- Revenue
- $160.9k
- Investments
- $0.0
- Employees
- 0
- Location
- New Orleans, LA
- Founding
- 07/2009
- Data as of
- 12/2022
- EIN
- 26-3623732
Organization Overview
George Rodrigue Foundation Inc is located in New Orleans, LA. The organization was established in 2009. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. George Rodrigue Foundation Inc 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 12/2022, George Rodrigue Foundation Inc generated $160.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (22.3%) each year. All expenses for the organization totaled $406.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (15.7%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, George Rodrigue Foundation Inc has awarded 394 individual grants totaling $1,074,448. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE GEORGE RODRIGUE FOUNDATION GRANTS MONETARY SCHOLARSHIPS TO UNIVERSITIES FOR HIGH SCHOOL STUDENTS THROUGH AN ANNUAL VISUAL ARTS COMPETITION IN ORDER TO ENCOURAGE INDIVIDUAL PARTICIPATION IN THE ARTS.
THROUGH "GEORGE'S ART CLOSET", GRFA DISTRIBUTES ART SUPPLIES TO LOUISIANA ART TEACHERS AND SCHOOLS WHOSE FUNDING DOES NOT OTHERWISE ALLOW FOR THE EXPENSE. SELECTED ELEMENTARY SCHOOLS WILL RECEIVE A CUSTOMIZED ART SUPPLY KIT VALUING AT $1,500. SELECTED MIDDLE AND HIGH SCHOOLS RECEIVE A KIT VALUED AT $2,000.
THE GEORGE RODRIGUE FOUNDATION ALLOWS THE PURCHASE OF A GEORGE RODRIGUE SILKSCREEN PRINT OF YOUR CHOICE FROM THE RODRIGUE ESTATE. THE PROCEEDS FROM THE SALE GO TO THE CHARITABLE ORGANIZATION OF THE PURCHASER'S CHOICE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jacques Rodrigue President And Executive Di | 40 | $0 | |
Andre Rodrigue Treasurer | 10 | $0 | |
Mallory Rodrigue Member | 10 | $0 | |
Gus Anderson Director Of Operatio | 40 | $64,950 | |
Christine Dunaway Development Associat | 40 | $50,715 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $72,820 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $81,229 |
| Other Income | $6,888 |
| Total Revenue | $160,937 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $118,065 |
| Pension plans, employee benefits | $13,701 |
| Interest | $38,981 |
| Taxes | $8,915 |
| Depreciation | $21,586 |
| Occupancy | $18,988 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $101,385 |
| Total operating and administrative expenses | $369,079 |
| Contributions, gifts, grants paid | $36,927 |
| Total expenses and disbursements | $406,006 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $105,086 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $43 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $572,046 |
| Other assets | $0 |
| Total assets | $677,175 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $615,871 |
| Other liabilities | $504,421 |
| Total liabilities | $1,120,292 |
Grants Awarded
Over the last fiscal year, George Rodrigue Foundation Inc has awarded $36,927 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
LOYOLA UNIVERSITY NEW ORLEANS PURPOSE: SCHOLARSHIP JAYDA MARTIN STUDENT ID# 2054252 | $2,000 |
LONG ISLAND UNIVERSITY ROCNATION SCHOOL PURPOSE: SCHOLARSHIP EMMA NAVARRO STUDENT ID#XXX-XX-XXXX | $1,000 |
LOUISIANA TECH UNIVERSITY PURPOSE: SCHOLARSHIP MARY-EVELYN KING STUDENT ID: 10390132 | $2,000 |
UNIVERSITY OF ARKANSAS PURPOSE: SCHOLARSHIP CHLOE BABIN STUDENT ID: XXX-XX-XXXX | $1,000 |
RHODES COLLEGE PURPOSE: SCHOLARSHIP GRACE ANNE HODGSON STUDENT ID# R05570296 | $1,000 |
UNIVERSITY OF WASHINGTON PURPOSE: SCHOLARSHIP YIZHEN NI STUDENT ID#2234255 | $4,000 |