Delgado Community College Foundation

Organization Overview

Delgado Community College Foundation is located in New Orleans, LA. The organization was established in 1988. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Delgado Community College 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 06/2021, Delgado Community College Foundation generated $1.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $982.6k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Delgado Community College Foundation has awarded 26 individual grants totaling $10,320,516. 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 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF THE FOUNDATION IS TO DEVELOP PRIVATE FINANCIAL RESOURCES FOR THE COLLEGE. THESE RESOURCES ARE USED TO PROMOTE AND ENHANCE EDUCATIONAL PROGRAMS, FUND SCHOLARSHIPS, AND TO SEEK EXTERNAL REVENUES, PRIVATE PHILANTHROPIC AND ADVOCACY SUPPORTING FUNDS FOR THE COLLEGE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROMOTED THE EDUCATIONAL AND CULTURAL WELFARE OF DELGADO COMMUNITY COLLEGE BY ON-GOING CONSTRUCTION OF THE STUDENT LIFE CENTER ON DELGADO'S CAMPUS TO PROVIDE BROADER EDUCATIONAL ADVANTAGES AND OPPORTUNITIES.


PROVIDED OPERATING CAPITAL FUNDS TO DELGADO COMMUNITY COLLEGE.


PARTNERSHIP WITH THE U.S. NAVY TO SUPPORT EXISTING EDUCATION, TRAINING, AND WORKFORCE DEVELOPMENT OF THE MARITIME INDUSTRY TRADES.


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$1,167,139
Investment income $4,350
Tax Exempt Bond Proceeds $82,807
Royalties $0
Net Rental Income $108,995
Net Gain/Loss on Asset Sales $122,944
Net Income from Fundraising Events $59,352
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,545,587

Grants Awarded

Over the last fiscal year, Delgado Community College Foundation has awarded $709,886 in support to 3 organizations.

Grant RecipientAmount

DELGADO COMMUNITY COLLEGE

PURPOSE: SUPPORT OF NAVY TRAINING

$592,220

DELGADO COMMUNITY COLLEGE

PURPOSE: SUPPORT OF DEPARTMENTS AND COLLEGE

$70,831

DELGADO COMMUNITY COLLEGE

PURPOSE: SUPPORT OF ATHLETIC PROGRAM

$46,835
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 15 grants that Delgado Community College Foundation has recieved totaling $8,452,747.

Awarding OrganizationAmount
Ochsner Clinic Foundation

New Orleans, LA

PURPOSE: GENERAL ASSISTANCE

$5,005,000
Conrad N Hilton Foundation

Westlake Village, CA

PURPOSE: TO SUPPORT CREDENTIALS FOR OPPORTUNITY YOUTH IN DELGADOS HOSPITALITY AND ALLIED HEALTH PROGRAMS.

$1,275,000
Goldman Sachs Foundation

New York, NY

PURPOSE: GRANT TO SUPPORT THE IMPLEMENTATION OF THE 10,000 SMALL BUSINESESS INITIATIVE IN LA.

$737,942
Conrad N Hilton Foundation

Westlake Village, CA

PURPOSE: TO SUPPORT CREDENTIALS FOR OPPORTUNITY YOUTH IN DELGADOS HOSPITALITY AND ALLIED HEALTH PROGRAMS.

$630,000
Goldman Sachs Philanthropy Fund

New York, NY

PURPOSE: EDUCATION

$300,000
Gayle And Tom Benson Charitablefoundation

Metairie, LA

PURPOSE: CHARITABLE

$250,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$132,729
Earnings$33,783
Ending Balance$166,512

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