This organization files Form 990, which has no section for application policy. Its filings cannot say either way.
The latest filing we hold carries no statement about applications. That is not the same as closed: public-charity Form 990s have no field for it, and many foundations leave the section blank.
Grants paid by year
Total assets by year
Where the money went · FY2024
Form 990 splits expenses into program services, management and fundraising. The split is self-reported, and a grantmaker, a research institute and a direct-service nonprofit book the same work differently. A line the return does not carry reads "not available"; it is never counted as zero.
| Year | Form | Revenue | Expenses | Grants paid | Assets | Net assets |
|---|---|---|---|---|---|---|
| FY2024 | 990 | $4,296,253 | $4,452,364 | $0 | $20,085,002 | $19,225,400 |
| FY2023 | 990 | $3,200,845 | $3,899,234 | $0 | $20,374,616 | $19,045,341 |
| FY2022 | 990 | $2,578,258 | $2,859,029 | $0 | $18,588,963 | $18,259,620 |
| FY2021 | 990 | $2,708,171 | $2,710,136 | $199,748 | $23,461,803 | $23,026,562 |
| FY2020 | 990 | $1,752,843 | $2,681,608 | $186,681 | $21,378,885 | $21,021,101 |
Figures are as reported on the e-filed return, with no restatement. Fiscal years are the funder's own tax year, labelled by the calendar year the period ends in. A blank line means the return does not carry that figure; a real zero shows as $0. When an amended return replaces an original, every figure here uses the amended return. The original is not shown. Giving is what the funder actually paid out toward its charitable purpose in the year (qualifying distributions on Form 990-PF, charitable disbursements otherwise). Assets are what it holds; giving is what moves.
Recipient focus areas
Where recipients are
Based on the 100% of grant rows we could match to an organization record. The rest stay as reported. The IRS assigns the NTEE category when it grants exemption. It often reflects the original filing, not today's giving.
| Recipient | Purpose | Amount | Year | Source |
|---|---|---|---|---|
| INNOVATION CATALYST INCBATON ROUGE, LA | TO CULTIVATE THE ONGOING DEVELOPMENT OF HIGH POTENTIAL COMPANIES INLOUISIANA. TERM OF GRANT IS MARCH 16, 2021 TO NOVEMBER 1, 2021. | $199,748 | 2021 | |
Recipients are shown as the funder wrote them on the return. A recipient with a link was matched to an organization record; the rest stay as reported and are never guessed.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Dr Michael Stubblefield | DIRECTOR | 0.50 | $0 |
| Anita Tillman | CHAIRMAN | 0.50 | $0 |
| Isaac Thomas | DIRECTOR | 0.50 | $0 |
| Calvin Mills Jr | INTERIM PRESIDENT & CEO |
From the officer list on the latest e-filed return. Compensation is as reported there; a blank means the return carries no figure.
| INNOVATION CATALYST INCBATON ROUGE, LA |
| TO CULTIVATE THE ENTREPRENEURIAL ENVIROMENT IN LOUISIANA'S NINE-PARISH CAPITAL REGION. TERM OF GRANT IS SEPTEMBER 19, 2019 TO DECEMBER 31, 2021. TOTAL AMOUNT OF THE GRANT IS $300,000. THROUGH 2020, RPC PAID $240,252.33 TO ICI ON THIS AGREEMENT. |
| $173,034 |
| 2020 |
| 40.00 |
| $182,292 |
| Ross Reilly | DIRECTOR | 0.50 | $0 |
| Anita Byrne | VICE CHAIR | 0.50 | $0 |
| Trey Godfrey | DIRECTOR | 0.50 | $0 |
| Terry Landry | DIRECTOR | 0.50 | $0 |
| Tedra Cheatham | DIRECTOR | 0.50 | $0 |
| Dr Robert Twilley | DIRECTOR | 0.50 | $0 |
| Dr Willie Smith Sr | DIRECTOR | 0.50 | $0 |
| Monette Davis | DIRECTOR | 0.50 | $0 |
| Mackenzie Rodriguez | DIRECTOR | 0.50 | $0 |
| Frederick Stephen Loy | EXECUTIVE DIRECTOR | 40.00 | $156,664 |
Nearest by size, location and giving pattern in the database. Geography weighs heavily. Treat it as a starting list, not a ranking of fit.