Program areas at LSU Foundation
Academic and research activities: operational support expenses to supplement state funding and aid the academic colleges of the university as well as the agricultural center in accomplishing lsu's mission.
Chairs and professorships: expenses to directly support the scholarly activities of over 910 specifically designated chairs and professorships available to lsu's distinguished faculty.
Scholarships and fellowships - financial support to undergraduate and graduate students through approximately 2,230 available scholarships and fellowships.
Other program services include: (1) salary support for academic purposes, (2) institution-wide academic programs, such as lecture series and hosting visiting scholars, (3) service awards for outstanding faculty and professional staff, (4) travel to national and international business seminars and conferences by university faculty and staff of academic units, (5) institutional advancement, (6) capital outlay including the acquisition of equipment and construction of facilities for use in the academic research endeavors of the university.
Grants made by LSU Foundation
Who funds LSU Foundation
Grants from foundations and other nonprofits
| Grantmaker | Grantmaker tax period | Description | Amount |
|---|
| LCMC Health | 2022-12 | During the Year Ended December 31, 2022, LCMC Donated A Total of $15,918,920 To Lsu Foundation. This Support Includes $5,000,000 To the Cancer Research Endowment, $10,000,000 To the Science Building and $918,920 for Nursing Support Education. | $15,918,920 |
| William A Brookshire Foundation | 2022-12 | Student Scholarships | $2,200,000 |
| The Reso Foundation | 2018-12 | For the Establishment of Three Scholarships | $1,500,000 |
| ...and 87 more grants received totalling $26,636,516 |
Personnel at LSU Foundation
| Name | Title | Compensation | Date of data |
|---|
| Robert M. Stuart JR. | President and Chief Executive Officer As of 1 and 1 and 2021 / Past Chair 2019; President and Chief Executive Officer / Chairperson - Elect of the Board and Director / Director and Chairperson | $393,865 | 2024-10-03 |
| Stuart Jr., Robert | Chief Executive Officer | | 2024-10-03 |
| Kate Spikes | Chief Financial Officer | $229,489 | 2024-10-03 |
| Raney, Krista | Executive Vice President of Development | $262,842 | 2024-10-03 |
| Sonja Yvette Marsh | Assistant Vice President of Talent Management / Senior Director of Talent Management | $176,063 | 2023-06-30 |
| ...and 34 more key personnel |
Financials for LSU Foundation
| Revenues | FYE 06/2023 | FYE 06/2022 | % Change |
|---|
| Total grants, contributions, etc. | $60,004,263 | $119,271,238 | -49.7% |
| Program services | $0 | $0 | - |
| Investment income and dividends | $2,656,281 | $2,979,615 | -10.9% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $88,335 | $129,788 | -31.9% |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $43,020,172 | $50,003,782 | -14% |
| Net income from fundraising events | $110,093 | $10,663 | 932.5% |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $1,525,532 | $1,481,720 | 3% |
| Total revenues | $107,404,676 | $173,876,806 | -38.2% |
Organizations like LSU Foundation
| Organization | Type | Location | Revenue |
|---|
| The Florida State University Foundation | 501(c)(3) | Tallahassee, FL | $96,038,685 |
| NDSU Foundation NDSU Foundation and Alumni Association | 501(c)(3) | Fargo, ND | $58,170,689 |
| University of Central Florida Foundation | 501(c)(3) | Orlando, FL | $94,122,372 |
| University of Rhode Island Foundation and Alumni Engagement | 501(c)(3) | Kingston, RI | $33,495,561 |
| The University of Toledo Foundation | 501(c)(3) | Toledo, OH | $29,920,252 |
| University of Northern Iowa Foundation | 501(c)(3) | Cedar Falls, IA | $54,272,654 |
| Univ of Iowa Center for Advancement | 501(c)(3) | Iowa City, IA | $166,983,554 |
| University of Nevada-Reno Foundation | 501(c)(3) | Reno, NV | $151,934,512 |
| University of Montana Foundation | 501(c)(3) | Missoula, MT | $33,477,321 |
| North Carolina State University Foundation | 501(c)(3) | Raleigh, NC | $51,768,749 |
Data update history
October 3, 2024
Updated personnel
Identified 7 new personnel
August 25, 2024
Received grants
Identified 29 new grant, including a grant for $15,918,920 from LCMC Health July 21, 2024
Updated personnel
Identified 1 new personnel
July 18, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 18, 2024
Updated personnel
Identified 25 new personnel
Nonprofit Types
Grantmaking organizationsSchoolsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
Provides grantsFundraising eventsOperates internationallyNational levelReceives government fundingEndowed supportGala fundraisersTax deductible donationsAccepts online donations
General information
- Address
- 3796 Nicholson Dr
- Baton Rouge, LA 70802
- Metro area
- Baton Rouge, LA
- County
- East Baton Rouge Parish, LA
- Website URL
- lsufoundation.org/Â
- Phone
- (225) 578-3811
- Facebook page
- lsufoundationÂ
- Twitter profile
- @lsu_foundationÂ
IRS details
- EIN
- 72-6020969
- Fiscal year end
- June
- Taxreturn type
- Form 990
- Year formed
- 1960
- 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
- Central organization
California AB-488 details
- AB 488 status
- May Operate or Solicit for Charitable Purposes
- Charity Registration status
- Current
- FTB status revoked
- Not revoked
- AG Registration Number
- CT0184069
- FTB Entity ID
- None yet
- AB 488 data last updated ("as-of") date
- 2024-11-06
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