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Lorio Foundation is a private corporation based in THIBODAUX, LA. The foundation received its IRS ruling in 1997. It holds total assets of $28.8M. Annual income is reported at $5.8M. Total assets have grown from $21.8M in 2011 to $28M in 2023. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2019 to 2023. According to available records, Lorio Foundation has made 3 grants totaling $3.9M, with a median grant of $1.3M. Annual giving has grown from $1.3M in 2021 to $2.5M in 2022. Individual grants have ranged from $1.3M to $1.3M, with an average award of $1.3M. 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.
Lorio Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in LA.
Lorio Foundation has distributed a total of $3.9M across 3 grants. The median grant size is $1.3M, with an average of $1.3M. Individual grants have ranged from $1.3M to $1.3M.
Geographical.
Lorio Foundation is headquartered in THIBODAUX, LA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Camille A Morvant Iii | Exec Dir | $68K | $0 | $68K |
| Rita Dickie | Vice Pres | $65K | $0 | $65K |
| Ann Boudreaux | CPA | $38K | $0 | $38K |
| Christopher Terracina | Pres | $0 | $0 | N/A |
Total Giving
$1.7M
Total Assets
$28M
Fair Market Value
$31.4M
Net Worth
$28M
Grants Paid
$1.3M
Contributions
N/A
Net Investment Income
$2.1M
Distribution Amount
$1.5M
Total: $26.5M
Total Grants
3
Total Giving
$3.9M
Average Grant
$1.3M
Median Grant
$1.3M
Unique Recipients
1
Most Common Grant
$1.3M
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Seesee attached | Thibodaux, LA | $1.3M | 2022 |
NEW ORLEANS, LA
METAIRIE, LA
LAFAYETTE, LA