2025-11-14T09:12:31-06:00 2024-12-31 720549733 ERICKSEN KRENTEL LLP 4227 CANAL STREET NEW ORLEANS LA 70119 990 2024-01-01 260833850 BAYOU DISTRICT FOUNDATION BAYO 5045231701 320 JULIA STREET NEW ORLEANS LA 70130 GERARD W BAROUSSE JR CHAIRMAN 5045231701 2025-11-14 1 1 JEREMY THIBODEAUX CPA P01232904 5044867275 2024 2025-03-06 01:10:19Z GERARD W BAROUSSE JR 320 JULIA STREET NEW ORLEANS LA 70130 2776631 0 X WWW.BAYOUDISTRICTFOUNDATION.ORG X 2007 LA BAYOU DISTRICT FOUNDATION'S MISSION IS TO RAISE FUNDS TO FACILITATE THE RECONSTRUCTION OF THE NEIGHBORHOOD AND INFRASTRUCTURE OF THE FORMER ST. BERNARD HOUSING PROJECT DAMAGED BY HURRICANE KATRINA AND TO HELP ITS RESIDENTS BREAK THEIR CYCLE OF POVERTY. 6 6 146 37 0 0 340166 677407 2071600 2096255 5435 2969 108960 0 2526161 2776631 26976 1500 0 0 2239207 2288804 0 0 55981 276354 252921 2542537 2543225 -16376 233406 1866130 1707437 4194528 3790542 -2328398 -2083105 BAYOU DISTRICT FOUNDATION'S MISSION IS TO RAISE FUNDS TO FACILITATE THE RECONSTRUCTION OF THE NEIGHBORHOOD AND INFRASTRUCTURE OF THE FORMER ST. BERNARD HOUSING PROJECT DAMAGED BY HURRICANE KATRINA AND TO HELP ITS RESIDENTS BREAK THEIR CYCLE OF POVERTY. 0 0 2459012 1500 2096255 THE BAYOU DISTRICT FOUNDATION ("BDF") WORKS TO REVITALIZE THE FORMER ST. BERNARD HOUSING PROJECT, THE LOW-INCOME HOUSING THAT WAS DESTROYED BY HURRICANE KATRINA, AND THE SURROUNDING NEIGHBORHOOD. BDF'S MISSION IS TO RAISE FUNDS TO FACILITATE THE RECONSTRUCTION OF THE NEIGHBORHOOD AND ITS INFRASTRUCTURE. IT HAS ENCOURAGED THE CONSTRUCTION OF MIXED-INCOME HOUSING, HIGH QUALITY SCHOOLS, WORKFORCE TRAINING, AND THE REDEVELOPMENT OF RECREATIONAL FACILITIES IN CITY PARK. BY FUNDING THESE PROJECTS BDF HOPES TO REVITALIZE THE COMMUNITY SO THAT RESIDENTS CAN RETURN TO A THRIVING NEIGHBORHOOD AND ENJOY A HIGH QUALITY OF LIFE, WHICH WILL HELP BREAK THEIR CYCLE OF POVERTY. 2459012 1 1 0 0 0 0 0 0 1 1 1 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 146 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X GERARD W BAROUSSE JR 5045231701 320 JULIA STREET NEW ORLEANS LA 70130 X GERARD W BAROUSSE JR CHAIRMAN 35.00 X X 0 0 0 MIKE RODRIGUE DIRECTOR 2.00 X X 0 0 0 GARY SOLOMON SR DIRECTOR 2.00 X X 0 0 0 GREG BENSEL DIRECTOR 2.00 X X 0 0 0 NOLAN MARSHALL JR DIRECTOR, ADVISORY BOARD C 2.00 X X 0 0 0 CINDY HOWSON WEINMANN DIRECTOR 4.00 X X 0 0 0 ADRIENNE C SLACK DIRECTOR 2.00 X X 0 0 0 DAVID W PERLIS DIRECTOR 2.00 X X 0 0 0 0 0 0 0 0 0 0 0 677407 677407 GOLF COURSE REIMBURSEM 900099 2096255 2096255 2096255 2969 2969 2776631 2096255 0 2969 1500 1500 2107692 2044461 21077 42154 181112 175679 1811 3622 48636 48636 8060 6045 1209 806 18354 13766 2753 1835 8930 6697 2233 126943 126943 15128 15128 6803 5103 1020 680 TELEPHONE 17639 13229 4410 BANK FEES 2413 1810 362 241 TAXES AND LICENSES 10 10 MISCELLANEOUS 5 5 2543225 2459012 28232 55981 857042 590968 773409 634826 26950 24472 135 135 1036477 696602 105000 339875 10229 17484 93365 99677 1866130 1707437 17689 47019 615253 255593 1123749 1022475 2047092 1991080 390745 474375 4194528 3790542 X -3162732 -2787439 834334 704334 -2328398 -2083105 1866130 1707437 233406 11887 0 X X 0 1 X 1 0 X 729295 1067589 911087 340166 677407 3725544 31568 26634 58202 729295 1067589 942655 366800 677407 3783746 412563 3371183 1212 10593 43358 5435 2969 63567 781 40874 1646 108960 152261 3999574 0.84290 0.77660 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 93365 10700 3668 0 720 99677 86508 11130 3615 658 93365 102443 -15935 86508 91552 8908 100460 88615 2937 91552 1.00000 1 0 250000 250000 120000 30125 89875 666477 666477 0 339875 LANE GRIGSBY ENDOWMENT 99677 F 99677 LOAN PAYABLE BDF HOUSING 275000 DUE TO CITY PARK 199375 474375 X 2788518 11887 11887 2776631 0 2776631 2543225 0 2543225 0 2543225 PART IV, LINE 2B: THE FOUNDATION'S FUND IS MAINTAINED AND MANAGED BY THE GREATER NEW ORLEANS FOUNDATION WITHIN THEIR INVESTMENT POOL. PART V, LINE 4: THE FUND IS INVESTED BY GREATER NEW ORLEANS FOUNDATION WITH AN ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THESE ENDOWMENT ASSETS OVER THE LONG-TERM. PART X, LINE 2: THE FOUNDATION'S EVALUATION AS OF DECEMBER 31, 2024 REVEALED NO TAX POSITIONS THAT WOULD HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS. THE 2021-2023 TAX YEARS REMAIN SUBJECT TO EXAMINATION BY THE IRS. THE FOUNDATION DOES NOT BELIEVE THAT ANY REASONABLY POSSIBLE CHANGES WILL OCCUR WITHIN THE NEXT TWELVE MONTHS THAT WILL HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION B, LINE 11B UPON COMPLETION OF THE FORM 990, A COPY IS SENT TO THE BOARD OF DIRECTORS FOR THEIR REVIEW. MEMBERS OF THE BOARD APPROVE THE 990 EITHER VIA A BOARD MEETING OR ELECTRONICALLY. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEETINGS ARE HELD MONTHLY, WITH BDF STAFF PARTICIPATING IN BOARD PRESENTATION. ALL AGREEMENTS AND CONTRACTS ARE REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 BOARD OF DIRECTORS, OFFICERS, AND TRUSTEES ARE NOT COMPENSATED. ANY COMPENSATION OF THESE INDIVIDUALS WOULD BE APPROVED BY THE BOARD OF DIRECTORS. KEY EMPLOYEE COMPENSATION IS APPROVED BY THE BOARD OF DIRECTORS WITH COMPENSATION REVIEWED ANNUALLY AT THE BOARD LEVEL. FORM 990, PART VI, SECTION C, LINE 19 THE FORM 990 AS WELL AS VARIOUS POLICIES ARE MADE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. THE FOUNDATION NOTIFIES THE PUBLIC OF THIS OPTION IN VARIOUS MAILING AND PUBLICATIONS THROUGHOUT THE YEAR. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM YEAR TO YEAR. BDF ELEMENTARY 201 ST CHARLES ST NEW ORLEANS LA 70170 820939950 TO PROVIDE COMPREHENSIVE EDUCATION LA 501(C)(3) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0