NGO Funding Request


The recipient entity's full legal name:  New Orleans 2022 Local Organizing Committee, Inc.

The recipient entity's physical address:
           320 Metairie Hammond Hwy, Suite 300
Metairie, LA 70005


The recipient entity's mailing address (if different):
           320 Metairie Hammond Hwy, Suite 300
Metairie, LA 70005


Type of Entity (for instance, a nonprofit corporation):  Non-Profit Corporation

If the entity is a corporation, list the names of the incorporators:
          Philip B. Sherman

The last four digits of the entity's taxpayer ID number:  5227

What is the dollar amount of the request?  $5,500,000

What type of request is this?  General Appropriation

Is this entity in good standing with the Secretary of State?  Yes

Provide the name of each member of the recipient entity's governing board and officers:
           The Board of Directors serve on a voluntary capacity. They are:

Paul R. Valteau, Jr., Co-Chair
1010 Common St., Suite 2700
New Orleans, LA 70112

David R. Sherman, Co-Chair
One Galleria Blvd., Suite 1100
Metairie, LA 70001

Troy Dannen, Secretary
Tulane University
James W. Wilson, Jr. Center, Ste 312
New Orleans, LA 70118

Tim Duncan, Vice Chair and Treasurer
University of New Orleans
2000 Lakeshore Drive
New Orleans, LA 70148

John J. Cicero
320 Metairie Hammond Hwy, Suite 300
Metairie, LA 70005

Jeff Rossi serves as the Executive Director
320 Metairie Hammond Hwy, Suite 320
Metairie, LA 70005


Provide a summary of the project or program:
           New Orleans 2022 Local Organizing Committee is responsible for raising funds to fulfill, as well as operationally managing, the long list of obligations agreed to in the bid and contained in the contract between the NCAA and the Local Organizing Committee for the 2022 NCAA Men's Final Four Basketball National Championship.

What is the budget relative to the project for which funding is requested?:
          Salaries. . . . . . . . . . . . . $0
          Professional Services. . . $0
          Contracts . . . . . . . . . . . $0
          Acquisitions . . . . . . . . . $0
          Major Repairs . . . . . . . $0
          Operating Services. . . . $0
          Other Charges. . . . . . . $5,500,000

Does your organization have any outstanding audit issues or findings?  No

If 'Yes' is your organization working with the appropriate governmental agencies to resolve those issues or findings?
          Not Applicable

What is the entity's public purpose, sought to be achieved through the use of state monies?
          By hosting the 2022 NCAA Men's Final Four the State of Louisiana and the City of New Orleans, based on an independent 2013 impact report, will have a minimum $165 million economic impact and generate $7.3 million in tax revenue. The CBS/Turner Network nationally televised event has over 1500 members of the media covering. The event will bring tens of thousands of visitors to our state for this multi day Championship, including fans from all 4 participating teams, over 6,000 coaches for the National Men's Basketball Coaches convention, numerous NCAA sponsors and college administrators from across the country. This event will continue to promote the State of Louisiana as the leader in hosting Nationally prominent sporting events and as a destination city for travel and tourism.

What are the goals and objectives for achieving such purpose?
          To reinforce Louisiana's and New Orleans' stature as one of America's greatest states/cities and as a premier sporting event venue through the national media coverage and the live broadcast of the event; to create and generate jobs and revenue in Louisiana in one of major industries, travel and tourism; and to generate tax revenue for state and local government that otherwise would go to another State.

What is the proposed length of time estimated by the entity to accomplish the purpose?
           April 2022-Jan 2023

If any elected or appointed state official or an immediate family member of such an official is an officer, director, trustee, or employee of the recipient entity who receives compensation or holds any ownership interest therein:
     (a) If an elected or appointed state official, the name and address of the official and the office held by such person:
                 N/A
    
     (b) If an immediate family member of an elected or appointed state official, the name and address of such person; the name, address, and office of the official to whom the person is related; and the nature of the relationship:
                 N/A

     (c) The percentage of the official's or immediate family member's ownership interest in the recipient entity, if any:
                 N/A

     (d) The position, if any, held by the official or immediate family member in the recipient entity:
                  N/A

If the recipient entity has a contract with any elected or appointed state official or an immediate family member of such an official or with the state or any political subdivision of the state:
(a) If the contract is with an elected or appointed state official, provide the name and address of the official and the office held by such person: 
               N/A

(b) If the contract is with an immediate family member of an elected or appointed state official:
          Provide the name and address of such person:
               N/A

          Provide the name, address, and office of the official to whom the person is related:
                N/A

          What is the nature of the relationship?  N/A

(c) If the contract is with the state or a political subdivision of the state, provide the name and address of the state entity or political subdivision of the state:
                 N/A

(d) The nature of the contract, including a description of the goods or services provided or to be provided pursuant to the contract:
               N/A


Contact Information
name:  John J. Cicero 
                                       address:  320 Metairie Hammond Hwy, Suite 300
Metairie, LA 70005

                                       phone:  504-525-5678
                                       fax:  504-324-0948
                                       e-mail:  jcicero@gnosf.org
                                       relationship to entity:  Executive Committee Member