University Of Louisiana At Monroe Foundation
- Assets
- $92.0m
- Revenue
- $13.5m
- Investments
- $84.0m
- Employees
- 5
- Location
- Monroe, LA
- Founding
- 01/1962
- Data as of
- 06/2021
- EIN
- 72-6028527
Organization Overview
University Of Louisiana At Monroe Foundation is located in Monroe, LA. The organization was established in 1962. 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 Monroe Foundation employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Of Louisiana At Monroe 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 Monroe Foundation generated $13.5m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 27.0% each year . All expenses for the organization totaled $3.2m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE UNIVERSITY OF LOUISIANA AT MONROE FOUNDATION'S PURPOSE IS TO SOLICIT, RECEIVE AND ADMINISTER PRIVATE GIFTS FOR THE BENEFIT OF THE UNIVERSITY OF LOUISIANA AT MONROE, ITS FACULTY AND ITS STUDENTS AND TO SUPPORT THE ADVANCEMENT OF THE UNIVERSITY BY ACQUIRING IMMOVABLE PROPERTY FOR FUTURE ACQUISITION BY THE UNIVERSITY OF LOUISIANA AT MONROE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS - PROVIDED SCHOLARSHIPS TO THE STUDENTS ATTENDING THE UNIVERSITY OF LOUISIANA AT MONROE.
ACADEMIC SUPPORT - ASSISTED THE UNIVERSITY OF LOUISIANA AT MONROE IN ATTRACTING AND RETAINING HIGH QUALITY FACULTY THROUGH SALARY ENHANCEMENTS AND FACULTY ENHANCEMENT THROUGH TRAVEL AND RESEARCH.
DEPARTMENTAL SUPPORT - PROVIDED ASSISTANCE TO THE UNIVERSITY OF LOUISIANA AT MONROE FOR THE PURPOSE OF ENHANCING ACADEMIC PROGRAMS THROUGH FACULTY DEVELOPMENT AND ENHANCEMENT IN ORDER TO PROMOTE THE ACCOMPLISHMENTS OF THE UNIVERSITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Chappell Executive Di | Officer | $128,959 | |
Charles Digiulian CFO | Officer | $91,017 | |
Jerry Allen President | OfficerTrustee | $0 | |
Kevin Goldman Secretary/tr | OfficerTrustee | $0 | |
John Jones Vice Preside | OfficerTrustee | $0 | |
Susan Hoffmann Past Preside | OfficerTrustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,042,637 |
| Noncash contributions included in lines 1a–1f | $240,180 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,042,637 |
| Total Program Service Revenue | $1,046,171 |
| Investment income | $8,321,239 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $26 |
| Net Rental Income | $51,539 |
| Net Gain/Loss on Asset Sales | $7,660 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $13,469,272 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $991,187 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $313,027 |
| Pension plan accruals and contributions | $10,427 |
| Other employee benefits | $31,620 |
| Payroll taxes | $23,706 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $27,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $383,119 |
| Fees for services: Other | $359,967 |
| Advertising and promotion | $94,895 |
| Office expenses | $458,895 |
| Information technology | $79,108 |
| Royalties | $0 |
| Occupancy | $142,060 |
| Travel | $14,807 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $49,610 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,656 |
| Insurance | $21,336 |
| All other expenses | $0 |
| Total functional expenses | $3,162,000 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $610,140 |
| Pledges and grants receivable | $1,472,621 |
| Accounts receivable, net | $17,370 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,028 |
| Net Land, buildings, and equipment | $5,736,898 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $84,048,784 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $135,608 |
| Total assets | $92,024,449 |
| Accounts payable and accrued expenses | $187,188 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $41,473,485 |
| Total liabilities | $41,660,673 |
| Net assets without donor restrictions | $15,688,950 |
| Net assets with donor restrictions | $34,674,826 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $92,024,449 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that University Of Louisiana At Monroe Foundation has recieved totaling $93,000.
| Awarding Organization | Amount |
|---|---|
Como Charitable Foundation Inc Monroe, LA PURPOSE: CHARITABLEEDUCATIONAL | $78,000 |
Delta Dental Community Care Foundation San Francisco, CA PURPOSE: ACCESS TO CARE | $15,000 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Louisiana At Lafayette Foundation Lafayette, LA | $292,703,277 | $46,235,918 |
Louisiana Tech University Foundation Inc Ruston, LA | $117,962,998 | $18,845,072 |
America Can Cars For Kids Dallas, TX | $4,240,577 | $12,374,341 |
University Of Southern Mississippi Foundation Hattiesburg, MS | $151,472,857 | $19,113,544 |
Robert M Hearin Support Foundation Jackson, MS | $193,382,417 | $17,750,137 |
Friends Of Imagine International Academy Of North Texas Mckinney, TX | $32,038,501 | $13,231,420 |
Cynthia & Geo Mitchell Foundation The Woodlands, TX | $379,261,425 | $375,406 |
University Of Texas Law School Foundation Austin, TX | $263,458,115 | $22,437,207 |
Dallas Seminary Foundation Dallas, TX | $76,216,359 | $8,000,736 |
Sul Ross State University Foundation Alpine, TX | $1,687,998 | $1,230,429 |
University Of New Orleans Foundation New Orleans, LA | $129,213,862 | $21,783,517 |
Grambling High Foundation Grambling, LA | $36,491,619 | $11,923,300 |