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Iberia Development Foundation is a private corporation based in NEW IBERIA, LA. The foundation received its IRS ruling in 2012. The principal officer is Fran Henderson. It holds total assets of $24K. Annual income is reported at $52K. Total assets have grown from $36K in 2012 to $197K in 2022. The foundation is governed by 6 officers and trustees. Alternative oyster culture project. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2022. According to available records, Iberia Development Foundation has made 1 grants totaling $12K, with a median grant of $12K. Grant recipients are concentrated in Louisiana. Contributions to this foundation are tax-deductible.
Distributed over 5,000 facemasks to school age children attending public school in iberia parish.
Expenses: $12K
Alternative oyster culture project. Based on available records, the foundation has funded 1 grants. Its grantmaking reaches organizations primarily in LA.
Iberia Development Foundation has distributed a total of $12K across 1 grants. The median grant size is $12K, with an average of $12K. Individual grants have ranged from $12K to $12K.
Iberia Development Foundation typically selects its grantees rather than accepting unsolicited proposals.
Iberia Development Foundation is headquartered in NEW IBERIA, LA.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michael Tarantino | EXECUTIVE DIRECTOR | $21K | $0 | $21K |
| James Wiggins | VICE CHAIRMAN | $0 | $0 | N/A |
| Elizabeth Bodin | BOARD MEMBER | $0 | $0 | N/A |
| Calvin Begnaud | SECRETARY TREASURER | $0 | $0 | N/A |
| Fran Henderson | CHAIRMAN | $0 | $0 | N/A |
| Joshua Pellerin | BOARD MEMBER | $0 | $0 | N/A |
Total Giving
$570K
Total Assets
$197K
Fair Market Value
$197K
Net Worth
$26K
Grants Paid
N/A
Contributions
$580K
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
1
Total Giving
$12K
Average Grant
$12K
Median Grant
$12K
Unique Recipients
1
Most Common Grant
$12K
of 2020 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Iberia Parish School BoardMASKS FOR CHILDREN | New Iberia, LA | $12K | 2020 |