J Edgar Monroe Foundation 1976
- Assets
- $12.1m
- Revenue
- $556.3k
- Investments
- $11.4m
- Employees
- 0
- Location
- Metairie, LA
- Founding
- 05/1976
- Data as of
- 12/2022
- EIN
- 72-0784059
Organization Overview
J Edgar Monroe Foundation 1976 is located in Metairie, LA. The organization was established in 1976. 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. J Edgar Monroe Foundation 1976 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, J Edgar Monroe Foundation 1976 generated $556.3k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, J Edgar Monroe Foundation 1976 has awarded 532 individual grants totaling $5,471,015. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Blair Monroe Treasurer | 0 | $29,100 | |
William F Finegan President | 0 | $35,200 | |
P Kevin Colomb Vice President | 0 | $26,550 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $40,000 |
| Interest on Savings | $33,153 |
| Dividends & Interest | $392,335 |
| Net Rental Income | $37,089 |
| Net Gain on Sale of Assets | $4,962 |
| Capital Gain Net Income | $4,962 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $556,273 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $90,850 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $11,168 |
| Depreciation | $0 |
| Occupancy | $14,614 |
| Travel, conferences, and meetings | $22,129 |
| Printing and publications | $0 |
| Other expenses | $72,891 |
| Total operating and administrative expenses | $216,152 |
| Contributions, gifts, grants paid | $965,357 |
| Total expenses and disbursements | $1,181,509 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $352,430 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| 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 | $288,710 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $31,709 |
| Total assets | $12,059,630 |
| 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 | $0 |
| Other liabilities | $61 |
| Total liabilities | $61 |
Grants Awarded
Over the last fiscal year, J Edgar Monroe Foundation 1976 has awarded $965,357 in support to 89 organizations.
| Grant Recipient | Amount |
|---|---|
LOUISIANA CIVIL SERVICE LEAGUE PURPOSE: GENERAL CHARITABLE PURPOSE | $5,000 |
FORE KIDS FOUNDATION PURPOSE: GENERAL CHARITABLE PURPOSE | $52,000 |
LOYOLA UNIVERSITY PURPOSE: GENERAL CHARITABLE PURPOSE | $6,000 |
NEW ORLEANS MUSEUM OF ART PURPOSE: GENERAL CHARITABLE PURPOSE | $10,000 |
VOLUNTEERS OF AMERICA PURPOSE: GENERAL CHARITABLE PURPOSE | $25,000 |
STUART HALL SCHOOL FOR BOYS PURPOSE: GENERAL CHARITABLE PURPOSE | $10,000 |