Owen-Coleman Family Foundation

Organization Overview

Owen-Coleman Family Foundation is located in New Orleans, LA. The organization was established in 2003. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Owen-Coleman Family 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 12/2022, Owen-Coleman Family Foundation generated $181.2k 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 (7.9%) each year. All expenses for the organization totaled $111.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (9.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Owen-Coleman Family Foundation has awarded 33 individual grants totaling $1,080,764. 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

2022

Describe the Organization's Program Activity:

Part 3 - Line 4a

THIS ORGANIZATION RECEIVES CONTRIBUTIONS AND DISBURSES THESE RECEIPTS TO OTHER CHARITABLE ORGANIZATIONS.


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Board, Officers & Key Employees

Name (title)Compensation
James Owen Coleman
Trustee
$0
James J Coleman Jr
Trustee
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $151,760
Interest on Savings $2
Dividends & Interest $20,433
Net Rental Income$0
Net Gain on Sale of Assets $9,032
Capital Gain Net Income $9,032
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $181,227

Grants Awarded

Over the last fiscal year, Owen-Coleman Family Foundation has awarded $110,000 in support to 2 organizations.

Grant RecipientAmount

CROATION AMERICAN SOCIETY

Org PageRecipient Profile

Belle Chasse, LA

PURPOSE: PROMOTE AND ADVANCE CROATIAN CULTURE

$75,000

AMER FRIENDS OF UNIV COLLEGE OXFORD

PURPOSE: SUPPORT EDUCATIONAL ORGANIZATION

$35,000
View Grant Profile

Peer Organizations

Organization NameAssets
Brown Foundation Inc
Houston, TX
$115,841,262
Moody Foundation
Galveston, TX
$132,742,251
Alice L Walton Foundation
Bentonville, AR
$449,327,995
Edward N And Della L Thome Memorial Foundation
Dallas, TX
$21,555,807
Burnett Foundation
Fort Worth, TX
$2,811,908
Jesus Fund
Little Rock, AR
$128,635,887
Rapier Family Foundation
San Antonio, TX
$1,321,420
Dan L Duncan Family Foundation
Houston, TX
$27,292,814
Fmh Foundation
Midland, TX
$148,706,487
Ting Tsung And Wei Fong Chao Foundation
Houston, TX
$21,447,473
Impetus Foundation
San Antonio, TX
$85,291,192
Builders Initiative
Bentonville, AR
$530,265,880

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