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Burden Foundation is a private corporation based in BATON ROUGE, LA. The foundation received its IRS ruling in 1963. The principal officer is Premier Bank. It holds total assets of $10.6M. Annual income is reported at $1.2M. Total assets have grown from $8.2M in 2011 to $10.1M in 2023. The foundation is governed by 15 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, Burden Foundation has made 4 grants totaling $1.5M, with a median grant of $384K. Annual giving has grown from $372K in 2020 to $567K in 2022. Individual grants have ranged from $172K to $529K, with an average award of $367K. The foundation has supported 4 unique organizations. Grant recipients are concentrated in Louisiana. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Burden Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in LA.
Burden Foundation has distributed a total of $1.5M across 4 grants. The median grant size is $384K, with an average of $367K. Individual grants have ranged from $172K to $529K.
Burden Foundation typically selects its grantees rather than accepting unsolicited proposals.
Burden Foundation is headquartered in BATON ROUGE, LA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Christopher L Odinet | TREASURER | $0 | $0 | N/A |
| Luke Laborde | BOARD MEMBER | $0 | $0 | N/A |
| John B Noland | BOARD MEMBER | $0 | $0 | N/A |
| Dorsey Peek | BOARD MEMBER | $0 | $0 | N/A |
| Leonard L Kilgore Iii | PRESIDENT | $0 | $0 | N/A |
| Carlton Monroe | BOARD MEMBER | $0 | $0 | N/A |
| Frances Monroe | BOARD MEMBER | $0 | $0 | N/A |
| William Silvia | BOARD MEMBER | $0 | $0 | N/A |
| Dr Tom J Meek | BOARD MEMBER | $0 | $0 | N/A |
| Brandon Parlange | BOARD MEMBER | $0 | $0 | N/A |
| Ann Wilkinson | BOARD MEMBER | $0 | $0 | N/A |
| Annette D Barton | VICE PRESIDE | $0 | $0 | N/A |
| Juliet M Youngblood | BOARD MEMBER | $0 | $0 | N/A |
| G Trippe Hawthorne | SECRETARY | $0 | $0 | N/A |
| Steele Buckholtz | BOARD MEMBER | $0 | $0 | N/A |
Total Giving
$995K
Total Assets
$10.1M
Fair Market Value
$13.2M
Net Worth
$10.1M
Grants Paid
$924K
Contributions
$300K
Net Investment Income
$1M
Distribution Amount
$614K
Total: $10.1M
Total Grants
4
Total Giving
$1.5M
Average Grant
$367K
Median Grant
$384K
Unique Recipients
4
Most Common Grant
$529K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Louisiana FoundationEDUCATION | Baton Rouge, LA | $395K | 2022 |
| Baton Rouge Area FoundationCHARITABLE ENDOWMENT | Baton Rouge, LA | $172K | 2022 |
| Louisiana State Rural Life MueseumGENERAL ADMINISTRATIVE | Baton Rouge, LA | $529K | 2021 |
| Lsu FoundationEDUCATION | Baton Rouge, LA | $372K | 2020 |