METAIRIE, LA
Joe W & Dorothy Dorsett Brown Foundation
Quick Facts
- EIN
- 726027232
- Location
- METAIRIE, LA
- Category
- Education
- Total Assets
- $127.9M
- Annual Income
- $47.8M
- IRS Ruling Year
- 1968
- Organization Type
- Corporation
- Tax Deductibility
- Contributions are deductible
About This Foundation
Joe W & Dorothy Dorsett Brown Foundation is a private corporation based in METAIRIE, LA. The foundation received its IRS ruling in 1968. It holds total assets of $127.9M. Annual income is reported at $47.8M. The foundation operates in the area of education. Contributions to this foundation are tax-deductible.
View 990 FilingsFinancial Overview
Total Giving
$6.1M
2023+15%
Total Assets
$122.3M
2023-1%
Fair Market Value
$157.7M
2023
Net Worth
$121.9M
2023
Grants Paid
$4.3M
2023
Contributions
$0
2023
Net Investment Income
$4.2M
2023
Distribution Amount
$5.9M
2023
Total Giving by Year
$5.4M
11$5.7M
12$7.1M
13$8.3M
14$5.3M
15$6.9M
19$5.4M
20$7.1M
21$5.3M
22$6.1M
23Asset Growth
$112M
11$113.2M
12$117.3M
13$119M
14$119.7M
15$122.1M
19$117.8M
20$122.2M
21$123.8M
22$122.3M
23Investment Portfolio (2023)
Total: $92.9M
Corporate Stock: $75.2M
Corporate Bonds: $17.7M
Other Investments: $1.2M
Corporate Stock (80%)
Corporate Bonds (19%)
Other Investments (1%)
Expense Breakdown (2023)
Grants Paid$4.3M
Officer Compensation$460K
Depreciation$218K
Pension & Benefits$103K
Accounting Fees$55K
Interest$46K
Travel & Conferences$43K
Legal Fees$33K
Revenue Sources (2023)
- Dividends
- $2.1M
- Other Income
- $1.9M
- Capital Gains (Net)
- $1.6M
Financial Details (2023)
- Total Revenue
- $5.6M
- Total Expenses
- $6.1M
- Exempt Purpose Expenses
- $5.4M
- Required Distribution
- $5.9M
- Undistributed Income
- $0
- Total Liabilities
- $393K
- Excise Tax
- $58K
Foundation Classification (2023)
Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings
Grantmaking Insights
Total Grants
5
Total Giving
$20.6M
Average Grant
$4.1M
Median Grant
$4.3M
Total Giving by Year
$4.9M (1 grants)
19$3.3M (1 grants)
20$5M (1 grants)
21$3.1M (1 grants)
22$4.3M (1 grants)
23Grant Range
Min$3.1M
Max$5M
Median: $4.3M
Smallest grantLargest grant
Openness to New Grantees (2023)
0%
of 2023 grantees were first-time recipients
Geographic Distribution of Grants
AK
ME
VT
NH
WA
ID
MT
ND
MN
WI
MI
NY
MA
CT
RI
OR
NV
WY
SD
IA
IL
IN
OH
PA
NJ
CA
UT
CO
NE
MO
KY
WV
VA
MD
DE
DC
AZ
NM
KS
AR
TN
NC
SC
OK
LA
LA: $20.6M (5)
MS
AL
GA
FL
HI
TX
LA$20.6M (5)
Past Grantees
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Grant ScheduleSEE SCHEDULE | Metairie, LA | $4.3M | 2023 |
| See Grant ScheduleSEE SCHEDULE | Metairie, LA | $3.1M | 2022 |
| See Grant SchedulesSEE SCHEDULE | Metairie, LA | $5M | 2021 |
| See Grant SchedulesSEE SCHEDULE | Metairie, LA | $3.3M | 2020 |
| See Grant SchedulesSEE SCHEDULE | Metairie, LA | $4.9M | 2019 |
990-PF Filings
| Tax Period | Return Type | View |
|---|---|---|
| 2023-12 | 990PF | View Filing |
| 2022-12 | 990PF | View Filing |
| 2021-12 | 990PF | View Filing |
| 2020-12 | 990PF | View Filing |
| 2019-12 | 990PF | View Filing |
| 2018-12 | 990PF | View Filing |
| 2017-12 | 990PF | View Filing |
| 2016-12 | 990PF | View Filing |
| 2015-12 | 990PF | View Filing |
Filings sourced from IRS e-file index. View all on ProPublica
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