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EIN 83-2155629

The Letourneau University Foundation

IRS 501(c) type
501(c)(3)
Num. employees
3
City
Longview
State
Texas
Year formed
2018
Most recent tax filings
2023-06-01
NTEE code, primary
B84: Alumni Associations
Description
The Letourneau University Foundation guides the creation of carefully designed estate and legacy plans, utilizing a professional, Biblically informed approach. Its mission is to support Letourneau University by expressly benefiting its work of raising up men and women who fulfill their potential. The foundation has engaged numerous alumni and constituency in completing their legacy planning, consulting with them to fulfill their stated wishes in those plans.
Related structure
The Letourneau University Foundation is a subordinate organization under LeTourneau University (LETU).
Total revenues
$998,609
2023
Total expenses
$667,234
2023
Total assets
$34,086,293
2023
Num. employees
3
2023

Program areas at The Letourneau University Foundation

In fulfillment of our mission, we have engaged numerous Letourneau University alumni and constituency, and assisted them in The completion of their legacy planning. In service to their stated wishes in those estate and legacy plans, we have then consultatively arrived at legacy gift designs that inure to The benefit of Letourneau University - some through outright testamentary bequests; others by means of The remainder interest for The University in charitable split interest irrevocable trusts.

Personnel at The Letourneau University Foundation

NameTitleCompensation
Dale A LunsfordChancellor , Letourneau Univ.$0
Thomas E BevanPresident$112,500
Bob WalkerBoard Vice Chairman$0
Jim MauldinSecretary and Treasurer$0
Daniel DifrancescoBoard Chairman$0

Financials for The Letourneau University Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$13,825
Program services$333,371
Investment income and dividends$693,877
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-44,441
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,977
Total revenues$998,609

Form 990s for The Letourneau University Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-04-01990View PDF
2022-062023-05-15990View PDF
2021-062022-04-01990View PDF
2020-062021-04-15990View PDF
2019-062020-08-25990View PDF
Data update history
July 7, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 30, 2023
Updated personnel
Identified 4 new personnel
June 27, 2023
Used new vendors
Identified 1 new vendor, including
June 13, 2023
Posted financials
Added Form 990 for fiscal year 2021
May 23, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Grantmaking organizationsSchoolsChapter / child organizationsCharities
Issues
Education
Characteristics
Endowed supportTax deductible donations
General information
Address
2100 S Mobberly Ave
Longview, TX 75602
Metro area
Longview, TX
County
Gregg County, TX
Website URL
letu.edu/development/letourneau-foundation.html 
Phone
(903) 233-4110
IRS details
EIN
83-2155629
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2018
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B84: Alumni Associations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Subordinate organization
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