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Sequoia Foundation is a private corporation based in NEW ORLEANS, LA. The foundation received its IRS ruling in 1992. The principal officer is John Ollie Edmunds Jr. It holds total assets of $253K. Annual income is reported at $200K. Total assets have grown from $5K in 2011 to $253K in 2023. The foundation is governed by 4 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. Funding is distributed across 5 states, including Illinois, North Carolina, Florida. According to available records, Sequoia Foundation has made 11 grants totaling $384K, with a median grant of $5K. The foundation has distributed between $186K and $198K annually from 2021 to 2022. Individual grants have ranged from $1K to $100K, with an average award of $35K. The foundation has supported 6 unique organizations. The foundation primarily supports organizations in Louisiana, Florida, North Carolina, which account for 64% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$5K
Average Grant
$37K
Largest Grant
$100K
Based on 5 grants from the most recent 990-PF filing.
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.
Sequoia Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 11 grants. Its grantmaking reaches organizations primarily in LA, FL, NC.
Sequoia Foundation has distributed a total of $384K across 11 grants. The median grant size is $5K, with an average of $35K. Individual grants have ranged from $1K to $100K.
Sequoia Foundation typically selects its grantees rather than accepting unsolicited proposals.
Sequoia Foundation is headquartered in NEW ORLEANS, LA. While based in LA, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| J Ollie Edmunds Jr | PRESIDENT | $0 | $0 | N/A |
| Karen Oser Edmunds | DIRECTOR | $0 | $0 | N/A |
| Christopher Francis Edmunds | SECRETARY/TREASURER/DIRECT | $0 | $0 | N/A |
| Anne Edmunds Aguirre | DIRECTOR | $0 | $0 | N/A |
Total Giving
$200K
Total Assets
$253K
Fair Market Value
$891K
Net Worth
$253K
Grants Paid
$198K
Contributions
$200K
Net Investment Income
$236
Distribution Amount
$37K
Total: $224K
Total Grants
11
Total Giving
$384K
Average Grant
$35K
Median Grant
$5K
Unique Recipients
6
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Tulane Department Of OrthopaedicsGENERAL OPERATIONAL SUPPORT | New Orleans, LA | $100K | 2022 |
| Stetson University - J Ollie Edmunds Scholarship ProgramGENERAL OPERATIONAL SUPPORT | Deland, FL | $75K | 2022 |
| Duke Orthopaedic Education FundGENERAL OPERATIONAL SUPPORT | Durham, NC | $12K | 2022 |
| Orthopaedic Research And Education FoundationGENERAL OPERATIONAL SUPPORT | Rosemont, IL | $5K | 2022 |
| Vanderbilt Dept Of Orthopaedic SurgeryGENERAL OPERATIONAL SUPPORT | Nashville, TN | $5K | 2022 |
| Piedmont Orthopaedic FoundationGENERAL OPERATIONAL SUPPORT | Durham, NC | $1K | 2022 |