THE MILFORD WAMPOLD SUPPORT FOUNDATION

EIN: 721406374 501(c)(3) Philanthropy & Grantmaking

BATON ROUGE, LA

Total Revenue
$761,819
Total Expenses
$919,241
Total Assets
$17,732,490
Net Assets
$17,113,698
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
LA
Principal Officer
MILFORD WAMPOLD III
Phone
2252151800
Tax Period
2023-01-01 to 2023-12-31

THE MILFORD WAMPOLD SUPPORT FOUNDATION, founded in 1997, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $762K in total revenue in fiscal year 2023. Revenue surged 2565% from the prior year, signaling strong growth momentum. Expenses of $919K exceeded revenue, resulting in a 21% operating deficit.

Mission

THE PRIMARY EXEMPT PURPOSE OF THE MILFORD WAMPOLD SUPPORT FOUNDATION IS TO [CONT'D ON SCH O] PROVIDE FUNDS TO AND OPERATE FOR THE BENEFIT OF (1) THE BATON ROUGE AREA FOUNDATION, AN ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE CODE, AND A NON-PROFIT ORGANIZATION AS DESCRIBED IN SECTION 509(A)(1) OF THE CODE, BECAUSE IT IS AN ORGANIZATION DESCRIBED IN SECTION 170(B)(1)(A)(VI) OF THE CODE; AND (2) SUCH OTHER ORGANIZATIONS WHICH ARE EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE CODE, AND ARE DESCRIBED IN SECTION 509(A)(1) OR (A)(2) OF THE CODE, AND ARE ORGANIZED AND OPERATED TO SUPPORT SUCH RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY, AND EDUCATIONAL USES AND PURPOSES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $132,746
Other Revenue $629,073
TOTAL REVENUE $761,819

Expense Breakdown

Grants Paid $882,500
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $889,902
Other Expenses $36,741
TOTAL EXPENSES $919,241

Year-over-Year Comparison

2023 2022 Change
Revenue $761,819 $28,582 +25.7%
Expenses $919,241 $111,572 +7.2%
Net Income $-157,422 $-82,990 +0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
4
Employees
N/A
Volunteers
5

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$521,252
Total Directors
5
$521,252
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MILFORD WAMPOLD III PRESIDENT 1.00
Officer Director
$0 $0 $0
JOHN H FETZER III SECRETARY/TREASURER 1.00
Officer Director
$0 $0 $0
RANDY P ROUSSEL DIRECTOR 1.00
Director
$0 $0 $0
ROLFE MCCOLLISTER JR DIRECTOR 1.00
Director
$0 $0 $0
CHRISTOPHER JOHN MAYER VICE-PRESIDENT 1.00
Officer Director
$0 $78,164 $521,252
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $761,819 $919,241 $17,732,490 $-157,422
2022 $28,582 $111,572 $17,136,140 $-82,990
2021 $51,343 $144,885 $17,023,420 $-93,542
2020 $79,462 $203,574 $16,864,619 $-124,112
2019 $-80,984 $333,983 $16,583,679 $-414,967
2018 $512,655 $101,996 $16,680,247 $410,659
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