//
Also known as: C/O KARL ZIMMERMANN
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Twl Foundation is a private corporation based in METAIRIE, LA. The foundation received its IRS ruling in 1995. The principal officer is Leon H Rittenderg Jr. It holds total assets of $3.7M. Annual income is reported at $1.4M. Total assets have decreased from $5.1M in 2011 to $3.7M in 2024. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2024. Funding is distributed across 4 states, including Louisiana, Alabama, Arkansas. According to available records, Twl Foundation has made 12 grants totaling $395K, with a median grant of $33K. Annual giving has decreased from $225K in 2020 to $170K in 2021. Individual grants have ranged from $5K to $90K, with an average award of $33K. The foundation has supported 7 unique organizations. The foundation primarily supports organizations in Louisiana, Alabama, Arkansas, which account for 83% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$33K
Average Grant
$28K
Largest Grant
$50K
Based on 6 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.
Twl Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in LA, AL, AR.
Twl Foundation has distributed a total of $395K across 12 grants. The median grant size is $33K, with an average of $33K. Individual grants have ranged from $5K to $90K.
Twl Foundation typically selects its grantees rather than accepting unsolicited proposals.
Twl Foundation is headquartered in METAIRIE, LA. While based in LA, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| W Harrell Freeman | PRESIDENT | $0 | $0 | N/A |
| Carlton L Freeman | SECRETARY | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$3.7M
Fair Market Value
N/A
Net Worth
$3.7M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
12
Total Giving
$395K
Average Grant
$33K
Median Grant
$33K
Unique Recipients
7
Most Common Grant
$50K
of 2021 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Harding UniversityEDUCATION GRANT | Searcy, AR | $50K | 2021 |
| Hickory Knoll Church Of ChristGENERAL | Harahan, LA | $40K | 2021 |
| Spring Meadows Church Of ChristGENERAL | Spring Hill, TN | $35K | 2021 |
| Metropolitan Crime Commission Of NoGENERAL | New Orleans, LA | $30K | 2021 |
| Unversity Church Of ChristGENERAL | Montgomery, AL | $10K | 2021 |
| Lads To LeadersGENERAL | Montgomery, AL | $5K | 2021 |
| Faulkner UniversityEDUCATION GRANT | Montgomery, AL | $90K | 2020 |
NEW ORLEANS, LA
METAIRIE, LA
LAFAYETTE, LA