AI Summary
Elysian Fields Property Corporation, established in June 1988, is a nonprofit organization focused on supporting the educational, religious, and charitable activities of the Brothers of the Sacred Heart of New Orleans, particularly through the operation of Brother Martin High School. With an operating budget of $96,000 and total revenue of $185,000 for the 2024 filing year, the organization primarily holds title to real property and generates income to assist in the development of endowment funds. It does not rely on a single funder for 50% or more of its revenue.
Mission Statement
THE ELYSIAN FIELD PROPERTY CORPORATION IS ORGANIZED PURSUANT TO IRC SECTION (CONT'D SCH. O) 501(C)(2). IT IS OPERATED EXCLUSIVELY FOR THE PURPOSE OF HOLDING TITLE TO REAL PROPERTY, COLLECTING INCOME THEREFROM AND TURNING OVER THE ENTIRE AMOUNT (LESS EXPENSES) TO SUPPORT THE ACTIVITIES OF THE BROTHERS OF THE SACRED HEART OF NEW ORLEANS INC.(A QUALIFIED 501(C)(3) ORGANIZATION), IN ORDER TO PROVIDE SUPPORT & INCOME FOR THE EDUCATIONAL, RELIGIOUS AND CHARITABLE PURSUITS OF THAT ORGANIZATION, INCLUDING BUT NOT LIMITED TO THE OPERATION OF BROTHER MARTIN HIGH SCHOOL IN NEW ORLEANS, LA. THE CORPORATION WAS ORGANIZED IN JUNE, 1988 IN ORDER TO TAKE TITLE TO INVESTMENT PROPERTY ADJACENT TO THE CAMPUS OF BROTHER MARTIN HIGH SCHOOL. THE GOAL OF THIS ACQUISITION WAS TO ASSIST IN THE DEVELOPMENT OF ENDOWMENT FUNDS FOR THE SUPPORT OF BROTHER MARTIN HIGH SCHOOL. THE OTHER MEANS ARE DIRECT CONTRIBUTIONS TO BROTHER MARTIN HIGH SCHOOL.
Cause Areas
1
Parks
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Funder
Total Funding
Funding Share
ST ALOYSIUS CENTURY FOUNDATION
New Orleans, LA, US
$2.2M
68%
Frequently Asked Questions
What is ELYSIAN FIELDS PROPERTY CORPORATION’s budget?
In 2024, ELYSIAN FIELDS PROPERTY CORPORATION reported an annual operating budget of around $96 thousand. More detailed financial information is available to registered users.
What causes does ELYSIAN FIELDS PROPERTY CORPORATION support?
ELYSIAN FIELDS PROPERTY CORPORATION supports work in Parks.
Where does ELYSIAN FIELDS PROPERTY CORPORATION operate?
ELYSIAN FIELDS PROPERTY CORPORATION is headquartered in New Orleans, LA.
Who funded ELYSIAN FIELDS PROPERTY CORPORATION recently?
In 2016, ELYSIAN FIELDS PROPERTY CORPORATION received grants from ST ALOYSIUS CENTURY FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant ELYSIAN FIELDS PROPERTY CORPORATION received in 2016?
The largest grant to ELYSIAN FIELDS PROPERTY CORPORATION in 2016 exceeds $1.5 million.