Holy Cross New Orleans Foundation Inc

Address
5500 Paris Avenue
New Orleans, LA 70122
Contact
Phone: +1 (504) 942-3100
Nonprofit
NTEE: X22 - Roman Catholic
EIN: 26-2638882

Mission

SEE SCHEDULE O
 20172016201520142013
Basic features of the organization
Year of formation2008
Subsection code03
PF filing required0    
Metropolitan statistical area5560
Form of organization
CorporationTrue
Human resources, including compensation
Summary compensation info
Sum of reportable (W2/1099) compensation$0.00$0.00$0.00$0.00 
Number of employees0000 
Number of people compensated >$100k0000 
Number of volunteers0000 
Number of highly compensated contractors0000 
Personnel
Chauvin, William
TitleCHAIRMAN/DIRECTORCHAIRMAN/DIRECTORCHAIRMAN/DIRECTORCHAIRMAN/DIRECTOR 
Name of key/compensated personWILLIAM P CHAUVINWILLIAM P CHAUVINWILLIAM P CHAUVINWILLIAM P CHAUVIN 
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrue 
Average hours per week working for org0.084.004.004.00 
Reportable compensation from org$0.00$0.00$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00 
Cordes, Paul
TitleSecretary/DirectorSECRETARY/DIRECTORSECRETARY/DIRECTORSECRETARY/DIRECTOR 
Name of key/compensated personPAUL C CORDESPAUL C CORDESPAUL D CORDES JRPAUL D CORDES JR 
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrue 
Average hours per week working for org0.084.004.004.00 
Reportable compensation from org$0.00$0.00$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00 
Dubois, Clarence
Title  PRESIDENT/DIRECTORPRESIDENT/DIRECTOR 
Name of key/compensated person  CLARENCE J DUBOIS IIICLARENCE J DUBOIS III 
Position of compensated person
Current individual trustee or director  TrueTrue 
Average hours per week working for org  4.004.00 
Reportable compensation from org  $0.00$0.00 
Other comp, non-reportable, from org and related orgs  $0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00$0.00 
Dubos, Clarence
TitlePRESIDENT/DIRECTORPRESIDENT/DIRECTOR   
Name of key/compensated personCLARENCE J DUBOS IIICLARENCE J DUBOS III   
Position of compensated person
Current individual trustee or directorTrueTrue   
Average hours per week working for org0.084.00   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Vignes, Stanton
TitleDIRECTORDIRECTORDIRECTORDIRECTOR 
Name of key/compensated personSTANTON C VIGNESSTANTON C VIGNESSTANTON C VIGNESSTANTON C VIGNES 
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrue 
Average hours per week working for org0.084.004.004.00 
Reportable compensation from org$0.00$0.00$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00 
Watson, Richard
TitleTREASURER/DIRECTORTREASURER/DIRECTORTREASURER/DIRECTORTREASURER/DIRECTOR 
Name of key/compensated personRICHARD WATSON JRRICHARD WATSON JRRICHARD WATSON JRRICHARD WATSON JR 
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrue 
Average hours per week working for org0.084.004.004.00 
Reportable compensation from org$0.00$0.00$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00 
Purpose: mission, activities, & accomplishments
Mission or significant activitiesSEE SCHEDULE O.HOLY CROSS NEW ORLEANS FOUNDATION, INC. WAS ESTABLISHED FOR EXCLUSIVELY CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES TO SUPPORT HOLY CROSS COLLEGE, INC., D/B/A HOLY CROSS SCHOOL, WHICH PROVIDES EDUCATION TO BOYS IN GRADES 5 THROUGH 12 IN NEW ORLEANS, LOUISIANA. BEGINNING AUGUST 2015, IT PROVIDES EDUCATION TO BOYS IN GRADES PREKINDERGARTEN 4 THROUGH 12.SEE SCHEDULE O.HOLY CROSS NEW ORLEANS FOUNDATION, INC. WAS ESTABLISHED FOR EXCLUSIVELY CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES TO SUPPORT HOLY CROSS COLLEGE, INC., D/B/A HOLY CROSS SCHOOL, WHICH PROVIDES EDUCATION TO BOYS IN GRADES 5 THROUGH 12 IN NEW ORLEANS, LOUISIANA. BEGINNING AUGUST 2015, IT PROVIDES EDUCATION TO BOYS IN GRADES PREKINDERGARTEN 4 THROUGH 12.SEE SCHEDULE O.HOLY CROSS NEW ORLEANS FOUNDATION, INC. WAS ESTABLISHED FOR EXCLUSIVELY CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES TO SUPPORT HOLY CROSS COLLEGE, INC., D/B/A HOLY CROSS SCHOOL, WHICH PROVIDES EDUCATION TO BOYS IN GRADES 5 THROUGH 12 IN NEW ORLEANS, LOUISIANA. BEGINNING AUGUST 2015, IT WILL PROVIDE EDUCATION TO BOYS IN GRADES PREKINDERGARTEN 4 THROUGH 12.SEE SCHEDULE O.HOLY CROSS NEW ORLEANS FOUNDATION, INC. WAS ESTABLISHED FOR EXCLUSIVELY CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES TO SUPPORT HOLY CROSS COLLEGE, INC., D/B/A HOLY CROSS SCHOOL, WHICH PROVIDES EDUCATION TO BOYS IN GRADES 5 THROUGH 12 IN NEW ORLEANS, LOUISIANA. 
Programs, including revenue & expenses
CONTINUED FINANCIAL ASSISTANCE IS PROVIDED TO HOLY CROSS COLLEGE,DBA HOLY CROSS SCHOOL,FOR EDUCATIONAL PURPOSES.
Program descriptionCONTINUED FINANCIAL ASSISTANCE IS PROVIDED TO HOLY CROSS COLLEGE,DBA HOLY CROSS SCHOOL,FOR EDUCATIONAL PURPOSES.CONTINUED FINANCIAL ASSISTANCE IS PROVIDED TO HOLY CROSS COLLEGE,DBA HOLY CROSS SCHOOL,FOR EDUCATIONAL PURPOSES.   
FINANCIAL ASSISTANCE PROVIDED TO HOLY CROSS COLLEGE, D/B/A HOLY CROSS SCHOOL TO HELP FINANCE $50,000,000 OF CONSTRUCTION FOR EDUCATIONAL FACILITIES LOCATED AT 5500 PARIS AVENUE NEW ORLEANS, LA TO REPLACE FACILITY DAMAGED BY HURRICANE KATRINA.
Program description  FINANCIAL ASSISTANCE PROVIDED TO HOLY CROSS COLLEGE, D/B/A HOLY CROSS SCHOOL TO HELP FINANCE $50,000,000 OF CONSTRUCTION FOR EDUCATIONAL FACILITIES LOCATED AT 5500 PARIS AVENUE NEW ORLEANS, LA TO REPLACE FACILITY DAMAGED BY HURRICANE KATRINA.FINANCIAL ASSISTANCE PROVIDED TO HOLY CROSS COLLEGE, D/B/A HOLY CROSS SCHOOL TO HELP FINANCE $50,000,000 OF CONSTRUCTION FOR EDUCATIONAL FACILITIES LOCATED AT 5500 PARIS AVENUE NEW ORLEANS, LA TO REPLACE FACILITY DAMAGED BY HURRICANE KATRINA. HOLY CROSS SCHOOL EDUCATES 1020 STUDENTS. 
Financial data
Revenue
Total revenue$148,831.00$14,280,284.00$434,944.00$429,087.00 
Revenue from contributions (total)  $0.00$0.00$0.00
Investment income, current yr$148,831.00$14,280,284.00$434,944.00$429,087.00 
Total revenue from grants, etc., current yr$0.00$0.00$0.00$0.00 
Total unrelated business revenue$0.00$0.00$0.00$0.00 
Other revenue, current yr$0.00$0.00$0.00$0.00 
Net unrelated business taxable revenue$0.00$0.00$0.00$0.00 
Program service revenue (total)  $0.00$0.00$0.00
Gross receipts$148,831.00$14,280,284.00$434,944.00$429,087.00 
Other types of revenue
Income from dividends, interest, and similar investments$148,831.00$14,280,284.00$434,944.00$429,087.00 
Net rental income  $0.00$0.00$0.00
Expense categories (totals)
Total functional expenses: sum of all$12,670.00$73,389,371.00$6,160.00$5,640.00 
Total functional expenses: program service $0.00$0.00$0.00$0.00 
Total functional expenses: management and general$12,670.00$73,389,371.00$6,160.00$5,640.00 
Total functional expenses: fundraising$0.00$0.00$0.00$0.00 
Fees for services
Fundraising service fees (total)$0.00$0.00$0.00$0.00 
Assets and liabilities
Total assets$11,673,273.00$11,530,812.00$70,645,199.00$70,215,615.00$69,792,168.00
Total assets, beginning of year$11,530,812.00$70,645,199.00$70,215,615.00$69,792,168.00 
Total liabilities$6,300.00$0.00$5,300.00$4,500.00$4,500.00
Total liabilities, beginning of year$0.00$5,300.00$4,500.00$4,500.00 
Net assets$11,666,973.00$11,530,812.00$70,639,899.00$70,211,115.00 
Net assets, beginning of year$11,530,812.00$70,639,899.00$70,211,115.00$69,787,668.00 
Other assets$831,887.00$722,318.00$3,140,478.00$2,705,782.00 
Cash: non-interest bearing$103,386.00$70,494.00$78,314.00$83,426.00 
Cash: non-interest bearing, beginning of year$70,494.00$78,314.00$83,426.00$76,846.00 
Other financial variables
Revenue less expenses$136,161.00-$59,109,087.00$428,784.00$423,447.00 
Accounts payable & accrued expenses$6,300.00$0.00$5,300.00$4,500.00 
Total net assets or fund balances$11,666,973.00$11,530,812.00$70,639,899.00$70,211,115.00 
Governance and accountability
Number of voting members5555 
Number of independent voting members5555 
Financial sheets auditedTrueTrueTrueTrue 
Accrual accountingTrueTrueTrueTrue 
Tax year start date2016-07-012015-07-012014-07-012013-07-01 
Tax year end date2017-06-012016-06-012015-06-012014-06-012013-06-01
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990990990990 
Date e-filing submitted2018-01-102017-04-042016-03-182015-02-23 
IRS schema version2016v3.02015v2.12014v6.02013v4.0 
Filing identifier201743199349300724201633199349303988201640129349300339201520439349301362 
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