Greater New Orleans Development Foundation
ActiveCommunity Improvement
About Greater New Orleans Development Foundation
To create a region with a thriving economy and excellent quality of life, for everyone.
Focus Areas
Workforce development (GNOu partnerships)Coastal environment and resiliencyRegional economic developmentEconomic mobility
Who They Fund
HBCU students and university engineering/tech studentssmall businesses and entrepreneurs (regional)regional Louisiana communities and local economies (Baton Rouge, Acadiana/Lafayette, Bayou/Houma/Terrebonne/Lafourche, Lake Charles)formerly incarcerated / parolees (re-entry program participants)corporate partners / industry councils (engagement for R&D and placement)
Funding Style
About Greater New Orleans Development Foundation
The largest recent grants tie Greater New Orleans Development Foundation to the EDA H2theFuture South Louisiana Coalition Nexus Program, including $771,257 to Opportunity Hub in Atlanta for delivery of the H2Nexus inclusive entrepreneurship program. That same program appears again in another $750,000 subaward to Opportunity Hub, showing how the foundation uses large project-specific grants to build out regional economic work over multiple partners and phases. Its recent giving also reaches workforce, university, and industry groups involved in hydrogen, carbon capture, maritime training, energy efficiency, and re-entry pipelines. Recent awards show the foundation funding both large coalition infrastructure and targeted implementation. Baton Rouge Area Chamber received $400,877 for business recruitment and business retention and expansion services in the Baton Rouge region, with participation in the Nexus Industry Council. University of Louisiana at Lafayette received $209,388 for GH2Center research and development, student instruction, corporate engagement, and community engagement, plus participation in the Nexus University Council. The pattern is practical and program-specific: subawards are tied to named initiatives, regional partnerships, and talent or business development goals. The foundation’s work aligns with its stated aim of supporting a region with a thriving economy and excellent quality of life for everyone.
What Greater New Orleans Development Foundation Funds
Workforce development is a clear priority. The Office of Workforce Development received $68,600 for Project Rebirth: Building Re-entry Pipelines, and Louisiana Parole Project Inc. received $42,875 to work with the Department of Corrections, provide outreach services to parolees, and identify candidates for training pathways. Energy and industrial transition work is another major area. Louisiana State University received $94,151 for carbon capture R&D, student instruction, corporate engagement, and community engagement, while Southern University and A&M College received $129,814 for a HBCU new energy specialization program. The foundation also supported Green Light New Orleans with $185,138 for an energy efficient center program for residential and small commercial efficiency. Entrepreneurship and business recruitment appear in multiple awards. One Acadiana Inc. received $183,188 for business recruitment and BRE services in Acadiana/Lafayette, and Southwest La Economic Development Alliance received $39,065 for similar work in the Lake Charles region.
Financial Snapshot
Annual Giving
$4.6M
Total Assets
$4M
Total Revenue
$7.2M
Total Expenses
$6.5M
Typical Grant Size
Most grants fall between $19K and $72K, with a median of $35K.
25th Percentile
$19K
Median
$35K
75th Percentile
$72K
Geographic Reach
Local2 states funded
About 93% of grants go to recipients in GA.
Funding intensity
LowHigh
Headquarters
Leadership
MICHAEL HECHT
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