Nonprofits›New Orleans Startup Fund Inc

Community Improvement & Capacity Building

New Orleans Startup Fund Inc

NEW ORLEANS, LA

Total revenue

$815K

Total expenses

$748K

Net assets

$2.4M

Grants received

$1.2M

20 grants

EIN

271126668

Tax year

2024

Mission

The new orleans startup fund inc. Is a seed capital fund established by greater new orleans businesses and financial leaders to accelerate the growth of early-stage, innovative businesses into venture-ready companies. The startup fund's mission is to create jobs and economic prosperity for the ten parish regions of greater new orleans by providing seed capital and business assistance to early-stage firms.

Financials

FY 2024

Revenue

Contributions & grants$938K

Program service revenue—

Investment income—

Other revenue$2K

Total revenue$815K

Expenses

Grants paid—

Salaries & benefits$331K

Fundraising—

Other expenses$417K

Total expenses$748K

Total assets$2.6M

Net assets$2.4M

People

8 listed

NameRoleCompensation

DAMON BURNS

BOARD MEMBER

Board

—

2 hrs/wk

GAY LE BRETON

BOARD MEMBER

Board

—

2 hrs/wk

COURTNEY WILLIAMS

BOARD MEMBERS

Board

—

2 hrs/wk

SHARONDA WILLIAMS

BOARD MEMBER

Board

—

2 hrs/wk

MATT WISDOM

CHAIRMAN

Board

—

2 hrs/wk

PEYTON BUSH

TREASURER

Board

—

2 hrs/wk

MICHAEL HECHT

SECRETARY

Board

—

2 hrs/wk

JAMES ROUSSEL

PRESIDENT/CEO

Staff

$242K

40 hrs/wk

Independent contractors

BLAKE J STANFILL

CONSULTANT - INVESTMENT SELECTION, PORTFOLIO MGMT, ENTREPRENEUR EDUCATION

$110K

Grants received

Showing 20 of 20

FromAmountPurposeYear

SOCIAL ENTREPRENEURS OF NEW ORLEANS

$138K

PARTNERSHIP IN THE IMPLEMENTATION OF PROGRAMMING TO SUPPORT ENTREPRENEURS IN ACCESSING EQUITY CAPITAL.

2024

WK Kellogg Foundation

$100K

Jobs and Family Economic Security

2023

THE GREATER NEW ORLEANS FOUNDATION

$65K

FUND RAISING & FUND DISTRIBUTION

2023

THE MARY FREEMAN WISDOM FOUNDATION

$39K

PROVIDE RESOURCES TO EARLY STAGE COS

2023

GS DONOR ADVISED PHILANTHROPY FUND

$25K

MEDICAL / PUBLIC SERVICES

2023

$20K

CREATE JOBS AND ECONOMIC PROSPERITY FOR THE TEN PARISH REGION OF GREATER NEW ORLEANS BY PROVIDING SEED CAPITAL AND BUSINESS ASSISTANCE TO EARLY-STAGE FIRMS

2023

WK Kellogg Foundation

$100K

provide core support for the Power Moves program of the New Orleans Start-up Fund to increase growth opportunities for entrepreneurs of color in New Orleans through providing technical assistance and capital support

2022

THE GREATER NEW ORLEANS FOUNDATION

$50K

FUND RAISING & FUND DISTRIBUTION

2022

THE MARY FREEMAN WISDOM FOUNDATION

$28K

PROVIDE RESOURCES TO EARLY STAGE COS

2022

$20K

CREATE JOBS AND ECONOMIC PROSPERITY FOR THE TEN PARISH REGION OF GREATER NEW ORLEANS BY PROVIDING SEED CAPITAL AND BUSINESS ASSISTANCE TO EARLY-STAGE FIRMS

2022

DONOR ADVISED CHARITABLE GIVING INC

$50K

PUBLIC, SOCIETAL BENEFIT

2021

THE MARY FREEMAN WISDOM FOUNDATION

$25K

PROVIDE RESOURCES TO EARLY STAGE COS

2021

$20K

CREATE JOBS AND ECONOMIC PROSPERITY FOR THE TEN PARISH REGION OF GREATER NEW ORLEANS BY PROVIDING SEED CAPITAL AND BUSINESS ASSISTANCE TO EARLY-STAGE FIRMS

2021

DONOR ADVISED CHARITABLE GIVING INC

$65K

PUBLIC, SOCIETAL BENEFIT

2020

THE MARY FREEMAN WISDOM FOUNDATION

$38K

PROVIDE RESOURCES TO EARLY STAGE COS

2020

THE GREATER NEW ORLEANS FOUNDATION

$26K

FUND RAISING & FUND DISTRIBUTION

2020

$15K

CREATE JOBS AND ECONOMIC PROSPERITY FOR THE TEN PARISH REGION OF GREATER NEW ORLEANS BY PROVIDING SEED CAPITAL AND BUSINESS ASSISTANCE TO EARLY-STAGE FIRMS

2020

WK Kellogg Foundation

$200K

increase equitable outcomes for children by creating an entrepreneurial ecosystem of technical assistance supports for small minority-owned businesses in New Orleans

2019

DONOR ADVISED CHARITABLE GIVING INC

$45K

PUBLIC, SOCIETAL BENEFIT

2018

WK Kellogg Foundation

$100K

increase equitable outcomes for children by creating an entrepreneurial ecosystem of technical assistance supports for small minority-owned businesses in New Orleans

2017

Funded by

$1.2M from 7 funders · 20 grants · 2017–2024

WK Kellogg Foundation

$500K · 4 grants · 2017–2023

Donor Advised Charitable Giving Inc

$160K · 3 grants · 2018–2021

The Greater New Orleans Foundation

$141K · 3 grants · 2020–2023

Social Entrepreneurs Of New Orleans

$138K · 1 grant · 2024

The Mary Freeman Wisdom Foundation

$130K · 4 grants · 2020–2023

$75K · 4 grants · 2020–2023

Gs Donor Advised Philanthropy Fund

$25K · 1 grant · 2023

Details

EIN271126668

NTEE codeS43

Subsection03

Ruling date2010-02

Formed2010

Employees1

Volunteers0

NEW ORLEANS STARTUP FUND INC — Mission, Financials & Grants Received | Grantivo