Small Public Charity

LOUISIANA INDEPENDENT COLLEGE FOUNDATION

LOUISIANA INDEPENDENT COLLEGE FOUNDATION, of BATON ROUGE, LA, is a Small Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $32K in revenue, $32K in expenses, $262 in total assets. 17 publicly reported grants to this organization, totaling roughly $336K, appear in IRS filings.

EIN: 726028332 BATON ROUGE, LA Undergraduate Colleges NTEE: B42 Latest filing: 2025
Total Revenue$32K
Total Expenses$32K
Total Assets$262
Grant Records17
Funding Total$336K
Filing Years2021–2025

Mission

SUPPORT OF INDEPENDENT COLLEGES IN LOUISIANA

Where $100 goes at Louisiana Independent College Foundation

How Louisiana Independent College Foundation divides every $100 it spends, from its own Form 990-EZ filings, averaged across 7 years.

$84 Programs the work itself
$16 Everything else operations and overhead

Form 990-EZ reports program spending but doesn't separate management from fundraising, so those are shown together.

Inside the $84 for programs

$84
Distributed funds from ups scholarship to each supported institution
All program spending
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Source: Form 990-EZ filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Director Chris Holoman
Chairman C Reynold Verret
President & CEO Eric Turner
Director Mark Johnson
Director Michael Fitts
Director Monique Guillory

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$197,000 10 grants
General Support
$120,700 5 grants
Training & Professional Development
$18,500 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $32K $32K $262
2024 $33K $43K $610
2023 $39K $30K $11K
2022 $29K $29K $2K
2021 $27K $37K $2K

Between 2021 and 2025, reported annual revenue grew from $27K to $32K (+17%), with total assets most recently reported at $262.

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

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