University Of Louisiana At Lafayette Foundation

Organization Overview

University Of Louisiana At Lafayette Foundation is located in Lafayette, LA. The organization was established in 1957. 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 06/2021, University Of Louisiana At Lafayette Foundation employed 40 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Of Louisiana At Lafayette Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, University Of Louisiana At Lafayette Foundation generated $46.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 25.1% each year . All expenses for the organization totaled $18.0m during the year ending 06/2021. While expenses have increased by 0.4% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE FOUNDATION PROVIDES PHILANTHROPIC SUPPORT SERVICES TO ENHANCE FUNDRAISING, ASSET MANAGEMENT AND STEWARDSHIP FUNCTIONS, AIDING THE UNIVERSITY OF LOUISIANA AT LAFAYETTE IN FURTHERING ITS MISSION OF PROVIDING AN EXCEPTIONAL EDUCATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ACADEMIC SUPPORT: THE UL LAFAYETTE FOUNDATION SUPPORTS THE ACADEMIC PROGRAMS FOR THE UNIVERSITY OF LOUISIANA AT LAFAYETTE BY SOLICITING PRIVATE DONATIONS, INVESTING, AND DISTRIBUTING EXPENDABLE FUNDS IN THE FORM OF SCHOLARSHIPS, CHAIRS, PROFESSORSHIPS, HONORARIUMS, FACULTY DEVELOPMENT, CAPITAL PROJECTS AND RESEARCH SUBSIDIES. A PORTION OF SUCH DISTRIBUTIONS ARE LOUISIANA BOARD OF REGENTS SUPPORT FUND (BORSF) MATCHING GIFT FUNDS. DURING THE YEAR, THE FOUNDATION PROVIDED SCHOLARSHIP FUNDS FOR OVER 1,177 STUDENTS. IT PROVIDED 280 EMINENT SCHOLAR/DISTINGUISHED PROFESSOR AWARDS, AND RESEARCH FELLOWSHIPS, FUNDING SALARY SUBSIDIES, EDUCATIONAL TRAVEL AND PROFESSIONAL ENRICHMENT. THE ORGANIZATION AWARDED MORE THAN 123 HONORARIUMS IN RECOGNITION OF ACADEMIC EXCELLENCE THROUGHOUT THE FISCAL YEAR. THE FOUNDATION ALSO PROVIDED FINANCIAL SUPPORT FOR FACULTY DEVELOPMENT AND CLASSROOM RESOURCES.


ATHLETIC PROGRAM SUPPORT: THE UL LAFAYETTE FOUNDATION PROVIDED SUPPORT FOR A VARIETY OF ATHLETIC PROGRAMS INCLUDING ATHLETIC SCHOLARSHIPS, PROGRAM ENRICHMENT, HEALTH/WELLNESS, AND FACILITIES ENHANCEMENT. FUNDING INCLUDES STUDENT ATHLETE SCHOLARSHIPS, TUTORING, NUTRITIONAL AND WELLNESS SUPPORT, TEAM TRAVEL COSTS, EQUIPMENT, UNIFORMS, TRAINERS, AND SALARY SUPPLEMENTS FOR COACHES.


MUSEUM SUPPORT: THE FOUNDATION SUPPORTED THE HILLIARD ART MUSEUM - UNIVERSITY OF LOUISIANA AT LAFAYETTE, WHOSE MISSION IS TO ENHANCE THE EDUCATION OF UNIVERSITY OF LOUISIANA AT LAFAYETTE STUDENTS AND INSPIRE CREATIVITY THROUGH ENGAGEMENT WITH THE ARTS FOR THE ACADIANA REGION. SELECTIONS FROM THE MUSEUM'S OVER 2,200 ITEMS IN ITS PERMANENT COLLECTION ARE ON VIEW ON A ROTATING BASIS. DURING THE FALL AND SPRING SEMESTERS, THE MUSEUM FEATURES PROGRAMS WHICH COMPLEMENTS THE CURRENT SEASON OF EXHIBITIONS AND PROVIDE A CROSS-DISCIPLINARY APPROACH TO LEARNING. IN ADDITION, THE MUSEUM HOSTS MONTHLY CHILD EVENTS AS WELL AS HEALTH AND FITNESS CLASSES. NUMEROUS OTHER LECTURES AND OTHER SPECIAL COMMUNITY EVENTS ARE HOSTED AND AVAILABLE TO THE GENERAL PUBLIC.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Ruffalo Noel Levitz
Management Services
$358,670
Bulliard Construction Company Inc
Other Fees For Services
$214,650
The Picard Group
Lobbying Fees
$181,298
Abel's Site Improvements
Other Fees For Services
$160,230
The Lemoine Company Llc
Other Fees For Services
$118,505
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$91,180
Related organizations$0
Government grants $199,900
All other contributions, gifts, grants, and similar amounts not included above$38,337,721
Noncash contributions included in lines 1a–1f $27,000
Total Revenue from Contributions, Gifts, Grants & Similar$38,628,801
Total Program Service Revenue$971,448
Investment income -$161,459
Tax Exempt Bond Proceeds $0
Royalties $18,409
Net Rental Income $11,226
Net Gain/Loss on Asset Sales $6,536,989
Net Income from Fundraising Events -$6,928
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $46,235,918

Grants Recieved

Over the last fiscal year, we have identified 42 grants that University Of Louisiana At Lafayette Foundation has recieved totaling $2,358,777.

Awarding OrganizationAmount
Community Foundation Of Acadiana

Lafayette, LA

PURPOSE: Scholarship funds, General Support, Athletics

$928,410
Foundation For The National Institute Of Health Inc

North Bethesda, MD

PURPOSE: RESEARCH

$436,529
Stephen And Sandy Rosenthal Family Foundation

New Orleans, LA

PURPOSE: FOR FUND SPECIFIC SCHOLARSHIP PROGRAM AT ULL FOR WHICH THE FOUNDATION IS THE SOLE DONOR. THIS PROGRAM PROVIDES SCHOLARSHIPS FOR NEW ORLEANS PUBLIC SCHOOL GRADUATES WHO ARE FULL PELL ELIGIBLE AND QUALIFY FOR TOPS.

$226,929
Ayco Charitable Foundation

Cohoes, NY

PURPOSE: EDUCATION

$126,000
Lettie Pate Whitehead Foundation Inc

Atlanta, GA

PURPOSE: For nursing scholarships.

$98,000
Coypu Foundation

Chicago, IL

PURPOSE: GENERAL

$95,422
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$135,077,437
Earnings$42,048,939
Net Contributions$1,677,121
Other Expense$7,405,737
Ending Balance$171,397,760

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