Louisiana · Nonprofit
GREATER NEW ORLEANS DEVELOPMENT FOUNDATION
GREATER NEW ORLEANS DEVELOPMENT FOUNDATION (Louisiana) receives grants from 19 organizations whose IRS filings report $2,730,953 to it, the largest being Walton Family Foundation Inc ($1,150,000). 9 of them have funded it in more than one year.
- Revenue FY2024
- $7.2M
- Funders on record
- 19
- Grants received
- $2.7M
- Net assets
- $2.9M
What Greater New Orleans Development Foundation does
Mission
To foster regional economic development and create quality jobs within the metropolitan new orleans area.
As stated on its FY2024 Form 990.
Program
The foundation acts as a catalyst for economic growth and the enhancement of quality of life in the ten parishes of southeast louisiana. The foundation has collaborated with its development allies throughout the region to help provide an adequate base of new employment through job initiatives, to improve the quality and quantity of employment through workforce development and to foster economic planning and development through public awareness and communications.
$4,928,174 spentof which $1,767,486 as grants$245,521 earned by the program100% of program spending
The program described on its FY2023 Form 990. Program spending in total: $4,928,174.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $2.6M to $3.6M (+35%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 4% · 2018 15% · 2019 17% · 2020 26% · 2021 18% · 2022 46% · 2023 59% · 2024 60%. Grants only. Government contracts and fees sit inside program revenue.
95% of GREATER NEW ORLEANS DEVELOPMENT FOUNDATION’s revenue is contributions — more donation-reliant than the typical peer (61% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Richard Cortizas
Board chair
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 2 funders to 7 funders, grant income rose $185k → $369k.
7 of 19 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 16% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $441k from 2 payers (the payer shares this organization's board, largest The Greater New Orleans Foundation). These are real filings, and they are not money GREATER NEW ORLEANS DEVELOPMENT FOUNDATION raised.
From the IRS filings of GREATER NEW ORLEANS DEVELOPMENT FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
GREATER NEW ORLEANS DEVELOPMENT FOUNDATION leans on a few funders — its largest provides 42% of grant income and the top three 62%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
45% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund GREATER NEW ORLEANS DEVELOPMENT FOUNDATION.
Largest funder’s share by year: 2017 68% · 2018 86% · 2019 59% · 2020 28% · 2021 68% · 2022 80% · 2023 68% — broadly stable.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
46% of GREATER NEW ORLEANS DEVELOPMENT FOUNDATION's funders are still giving 3 years after their first grant; 47% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
GREATER NEW ORLEANS DEVELOPMENT FOUNDATION draws 72% of its grant income from funders outside Louisiana, across 7 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $434k arriving through sponsors registered in 6 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
GREATER NEW ORLEANS DEVELOPMENT FOUNDATION has grown faster than three-quarters of the 4,203 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 4,203 community improvement nonprofits $1M–$10M, FY2024
Government funding GREATER NEW ORLEANS DEVELOPMENT FOUNDATION receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $25.4M on record.
- Department of Commerce$24.6M
- Delta Regional Authority$580k
- Department of Agriculture$250k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like GREATER NEW ORLEANS DEVELOPMENT FOUNDATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Louisiana
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
93% of spending goes to programs.
Governance
Public support
91%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 1 related entity
- Greater New Orleans Inc · exempt
Screen this organization
A dated, signed PDF of the compliance screen for GREATER NEW ORLEANS DEVELOPMENT FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds GREATER NEW ORLEANS DEVELOPMENT FOUNDATION?
- GREATER NEW ORLEANS DEVELOPMENT FOUNDATION (Louisiana) receives grants from 19 organizations whose IRS filings report $2,730,953 to it, the largest being Walton Family Foundation Inc ($1,150,000). 9 of them have funded it in more than one year.
- How many funders does GREATER NEW ORLEANS DEVELOPMENT FOUNDATION have?
- IRS filings report 19 organizations giving $2,730,953 in grants to GREATER NEW ORLEANS DEVELOPMENT FOUNDATION, 9 of which have funded it in more than one year.
- Who is the largest funder of GREATER NEW ORLEANS DEVELOPMENT FOUNDATION?
- Walton Family Foundation Inc is the largest funder on record, with $1,150,000 in grants. The full list of funders is on this page.
- How can an organization like GREATER NEW ORLEANS DEVELOPMENT FOUNDATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Louisiana. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 19 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing