L S U Foundation

Organization Overview

L S U Foundation is located in Baton Rouge, LA. The organization was established in 1963. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 06/2020, L S U Foundation employed 167 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 06/2020, L S U Foundation generated $64.8m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $48.7m during the year ending 06/2020. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

THE LSU FOUNDATION CULTIVATES AND INVESTS IN PHILANTHROPIC PARTNERSHIPS TO SUPPORT AND ADVANCE LSU'S ACADEMIC PRIORITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

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.


SCHOLARSHIPS AND FELLOWSHIPS - FINANCIAL SUPPORT TO UNDERGRADUATE AND GRADUATE STUDENTS THROUGH APPROXIMATELY 1,960 AVAILABLE SCHOLARSHIPS AND FELLOWSHIPS.


CHAIRS AND PROFESSORSHIPS: EXPENSES TO DIRECTLY SUPPORT THE SCHOLARLY ACTIVITIES OF OVER 800 SPECIFICALLY DESIGNATED CHAIRS AND PROFESSORSHIPS AVAILABLE TO LSU'S DISTINGUISHED FACULTY.


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.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Ruffalo Noel-levitz
Call Center Management
$490,166
Adams & Reese Llp
Attorneys At Law
$215,000
Community Counseling Service Co Llc
Consulting
$187,000
Raven Production Management Group Llc
Event Service
$167,683
Sanderson Strategies Group
Media Relations
$165,000
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$158,995
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$42,103,812
Noncash contributions included in lines 1a–1f $1,891,535
Total Revenue from Contributions, Gifts, Grants & Similar$42,262,807
Total Program Service Revenue$0
Investment income $1,182,093
Tax Exempt Bond Proceeds $0
Royalties $14,919
Net Rental Income $0
Net Gain/Loss on Asset Sales $20,182,283
Net Income from Fundraising Events -$158,878
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $64,814,717

Grants Recieved

Over the last fiscal year, we have identified 14 grants that L S U Foundation has recieved totaling $266,887.

Awarding OrganizationAmount
Raymond James Charitable Endowment Fund

St Petersburg, FL

PURPOSE: GENERAL USE AND/OR SPECIAL FUND/PROJECT

$108,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$63,805
J Y-Sanders Foundation

Chicago, IL

PURPOSE: GENERAL

$20,832
B H Breslauer Foundation Inc

New York, NY

PURPOSE: PURCHASE RARE BOOK

$20,000
Communities Of Coastal Georgia Foundation Inc

St Simons Island, GA

PURPOSE: GENERAL SUPPORT & MECHANICAL ENGINEERING DEPARMENT

$18,000
Abbott Fund

Abbott Park, IL

PURPOSE: AF MATCHING GRANT

$16,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$385,838,935
Earnings-$14,352,229
Net Contributions$8,993,920
Other Expense$8,835,381
Ending Balance$371,645,245

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