Community Foundation Of Acadiana

Organization Overview

Community Foundation Of Acadiana is located in Lafayette, LA. The organization was established in 2001. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Community Foundation Of Acadiana employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Foundation Of Acadiana 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, Community Foundation Of Acadiana generated $33.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.2% each year . All expenses for the organization totaled $16.4m during the year ending 12/2021. While expenses have increased by 10.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Community Foundation Of Acadiana has awarded 1,767 individual grants totaling $77,272,558. 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 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

COMMUNITY FOUNDATION OF ACADIANA WAS CREATED TO IMPROVE THE QUALITY OF LIFE IN OUR REGION. THE FOUNDATION ACHIEVES THIS GOAL BY INCREASING CHARITABLE GIVING, CREATING MEANINGFUL AND EFFECTIVE GIVING OPPORTUNITIES FOR OUR DONORS, AND PROVIDING LEADERSHIP IN OUR REGION. THESE EFFORTS ARE GROUNDED IN THE BELIEF THAT THROUGH PHILANTHROPY THE FOUNDATION CAN POSITIVELY IMPACT OUR COMMUNITY. THE FOUNDATION IS COMMITTED TO SERVICING AND BENEFITTING THE GEOGRAPHIC AREA OF SOUTH-CENTRAL LOUISIANA. IT HAS POSITIONED ITSELF AS A "TOOL" FOR INDIVIDUAL DONORS, FAMILIES AND CORPORATIONS TO INCREASE AND ENHANCE THEIR CHARITABLE AND PHILANTHROPIC INTERESTS. IT HAS ALSO POSITIONED ITSELF AS A "TOOL" FOR OTHER ENTITIES (INCLUDING LOCAL GOVERNMENT ENTITIES) TO HELP REALIZE OBJECTIVES AND/OR PROJECTS THAT MAY NEED AN OBJECTIVE THIRD PARTY.

Describe the Organization's Program Activity:

LEADERS IN LAW - LEADERS IN LAW ENFORCEMENT AWARDS ARE DESIGNED TO HONOR THOSE DEPARTMENTS WHO ARE MAKING THE MOST IMPACT IN THEIR COMMUNITIES WITH THE RESOURCES THEY HAVE BEEN ALLOCATED. THESE FUNDS ARE TO BE USED AT THEIR DISCRETION TO IMPROVE OPERATIONS AND CONTINUE TO ENCOURAGE EXTRAORDINARY PERFORMANCE.


SCHOLARSHIPS- COMMUNITY FOUNDATION OF ACADIANA PROVIDES ASSISTANCE TO STUDENTS AT ANY EDUCATION LEVEL OR FOR A SPECIFIC INSTITUTION. ALL SCHOLARSHIP GRANTS ARE PAID DIRECTLY TO THE EDUCATIONAL INSTITUTION.


SOLA GIVING DAY-COMMUNITY FOUNDATION OF ACADIANA HOSTS ITS ANNUAL SOLA GIVING DAY WHICH WAS A 24 HOUR ONLINE FUNDRAISING EVENT FOR NON-PROFIT ORGANIZATIONS, CHURCHES, AND SCHOOLS.


VARIOUS GRANTS AND EXPENSES FOR OTHER CHARITABLE PROGRAMS


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Board, Officers & Key Employees

Name (title)Compensation
Raymond J Hebert
Executive Director
$169,929
Jason Freyou
Vice-Chair
$0
Jerry E Shea Jr
Chair
$0
Clay Darnall
Secretary/treasurer
$0
Robert Eddy Jr
Director/past Chair
$0
Anita Fontenot
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Eason Advertising Llc
Advertising
$212,379
One Acadiana Inc
Business Consulting And Expansion
$275,914
Stellar Technology Solutions Llc
Software Support
$175,259
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$106,990
Fundraising events$21,908
Related organizations$0
Government grants $500,000
All other contributions, gifts, grants, and similar amounts not included above$24,549,015
Noncash contributions included in lines 1a–1f $3,133,194
Total Revenue from Contributions, Gifts, Grants & Similar$25,177,913
Total Program Service Revenue$1,036,240
Investment income $2,167,061
Tax Exempt Bond Proceeds $0
Royalties $4,760
Net Rental Income $54,720
Net Gain/Loss on Asset Sales $4,516,341
Net Income from Fundraising Events $7,274
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $32,964,309

Grants Awarded

Over the last fiscal year, Community Foundation Of Acadiana has awarded $12,458,104 in support to 275 organizations.

Grant RecipientAmount

LAFAYETTE CENTRAL PARK INC

Org PageRecipient Profile

Lafayette, LA

PURPOSE: capital expenditures, general support

$1,349,000

UNIVERSITY OF LOUISIANA AT LAFAYETTE FOUNDATION

Org PageRecipient Profile

Lafayette, LA

PURPOSE: Scholarship funds, General Support, Athletics

$928,410

DIOCESE OF LAFAYETTE

Org PageRecipient Profile

Lafayette, LA

PURPOSE: Centennial Campaign, Bishop Services Appeal, General Support

$890,216

CATHOLIC CHARITIES OF ACADIANA

Org PageRecipient Profile

Lafayette, LA

PURPOSE: General support, van purchase, Hurricane relief

$293,753

THE IOTA FIRST ORGANIZATION

Org PageRecipient Profile

Iota, LA

PURPOSE: Park construction

$290,000

LSU TIGER ATHLETIC FOUNDATION

Org PageRecipient Profile

Baton Rouge, LA

PURPOSE: Building Fund, Scholarships, General Support, Athletics

$242,955
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Community Foundation Of Acadiana has recieved totaling $208,178.

Awarding OrganizationAmount
Charles Foundation

Abbeville, LA

PURPOSE: CONSERVATION, RELIGIOUSHEALTHCARE,EDUCATION

$162,000
Charles Foundation

Abbeville, LA

PURPOSE: CONSERVATION, RELIGIOUSHEALTHCARE,EDUCATION

$32,400
The Powell Foundation

Houston, TX

PURPOSE: DESIGNATED GRANT: GENERAL OPERATING AND SUPPORT

$10,000
The Powell Foundation

Houston, TX

PURPOSE: DESIGNATED GRANT: GENERAL OPERATING AND SUPPORT

$3,778
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$24,493,718
Earnings$2,665,377
Admin Expense$116,915
Net Contributions$2,661,425
Grants$3,587,510
Ending Balance$26,116,095

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