Public Charity

BREC FOUNDATION

BREC FOUNDATION is a nonprofit organization categorized as Public Charity based in BATON ROUGE, LA. Its most recent IRS filing (2024) reports revenue of $363K, expenses of $386K, total assets of $1.0M. Imperigo tracks 17 reported grant relationships connected to this organization totaling approximately $397K.

EIN: 680526294 BATON ROUGE, LA Latest filing: 2024
Total Revenue$363K
Total Expenses$386K
Total Assets$1.0M
Grant Records17
Funding Total$397K
Filing Years2019–2024

Mission

THE MISSION OF BREC FOUNDATION IS TO RAISE FUNDS FOR PARKS AND RECREATION TO BENEFIT THE HEALTH, WELFARE, AND CULTURE FOR ALL CITIZENS AND VISITORS OF EAST BATON ROUGE PARISH. WE ACT AS GOOD STEWARDS OF FUNDS ENTRUSTED TO US BY OUR DONORS AND ABIDE BY THEIR WISHES AND DIRECTIVES. WE FACILITATE AND SUPPORT INNOVATION, SOUND CORPORATE GOVERNANCE, AND THE DEVELOPMENT OF MEANINGFUL PARTNERSHIPS TO FURTHER OUR MISSION AND PROVIDE OPPORTUNITIES TO OUR MEMBERS.

Officers & Directors

AT LARGE Adam Parker
DIRECTOR / TREASURER Bobby Varnau
DIRECTOR Brad Allen
DIRECTOR Byron Washington
EXECUTIVE DIRECTOR Carl Stages
DIRECTOR Ellen Mcknight

Officer compensation and complete director data available with membership.

Top Grant Purposes

ALLOCATION
$98,175 3 grants
GENERAL ASSISTANCE
$82,500 4 grants
SEE PART IV
$50,000 1 grant
For grant recipient's exempt purposes
$50,000 3 grants
TO SUPPORT BREC FOUNDATION
$30,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $363K $386K $1.0M
2023 $584K $368K $1.2M
2022 $444K $527K $960K
2020 $208K $235K $1.0M
2019 $459K $495K $1.0M

Between 2019 and 2024, reported annual revenue declined from $459K to $363K (-21%), with total assets most recently reported at $1.0M.

Interactive year-over-year charts and full filing details available with membership.

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