Southeastern Louisiana University Foundation

Organization Overview

Southeastern Louisiana University Foundation is located in Hammond, LA. The organization was established in 1973. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southeastern Louisiana University 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 06/2022, Southeastern Louisiana University Foundation generated $6.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.6% each year . All expenses for the organization totaled $3.7m during the year ending 06/2022. While expenses have increased by 7.0% per year over the past 7 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE SOUTHEASTERN LOUISIANA UNIVERSITY FOUNDATION (SLUF) IS A 501(C)(3) CORPORATION CHARGED WITH SECURING, MANAGING AND STEWARDING PRIVATE GIFTS IN SUPPORT OF SOUTHEASTERN LOUISIANA UNIVERSITY. PRIVATE SUPPORT INCREASES THE UNIVERSITY'S IMPACT AND EXTENDS ITS REACH BOTH WITHIN AND BEYOND THE REGION BY HELPING MAKE SOUTHEASTERN EDUCATION ACCESSIBLE TO THE GREATEST NUMBER OF STUDENTS. IT ALSO ALLOWS FACULTY, STAFF, AND STUDENTS TO ADVANCE INDUSTRY, CONTRIBUTE TO THE REGION'S ECONOMY AND CREATE SOCIETAL ADVANCES THAT CAN HAVE AN EFFECT ACROSS THE WORLD.

Describe the Organization's Program Activity:

Part 3 - Line 4a

DEPARTMENTAL PROGRAMS


SCHOLARSHIPS, ASSISTANTSHIPS, AND AWARDS


UNIVERSITY PROGRAMS


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Board, Officers & Key Employees

Name (title)Compensation
Beth C Ebberman
Secretary
$0
Toby Cortez
Chairman
$0
Barry Landry
Treasurer
$0
Dr John Poteet
Past Chair
$0
Marcia Barr
Board Member
$0
Buck Maurin
Board Member
$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$2,449,353
Noncash contributions included in lines 1a–1f $28,966
Total Revenue from Contributions, Gifts, Grants & Similar$2,449,353
Total Program Service Revenue$0
Investment income $652,793
Tax Exempt Bond Proceeds $0
Royalties $95,335
Net Rental Income $0
Net Gain/Loss on Asset Sales $3,055,550
Net Income from Fundraising Events $118,653
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $6,564,775

Grants Recieved

Over the last fiscal year, we have identified 21 grants that Southeastern Louisiana University Foundation has recieved totaling $1,412,733.

Awarding OrganizationAmount
Schwab Charitable Fund

San Francisco, CA

PURPOSE: EDUCATION

$1,000,900
Lettie Pate Whitehead Foundation Inc

Atlanta, GA

PURPOSE: For nursing scholarships.

$107,000
Methodist Health System Foundation Inc

Slidell, LA

PURPOSE: FOR GENERAL OPERATING SUPPORT

$73,600
Blue Cross And Blue Shield Of Louisiana Foundation

Baton Rouge, LA

PURPOSE: ADDRESSING IMMEDIATE AND CRITICAL NEEDS AMONG SLU STUDENTS RELATED TO HURRICANE IDA

$50,000
Northshore Community Foundation

Covington, LA

PURPOSE: PROVIDE MICRO GRANTS (UP TO $500) TO STUDENTS OR STAFF WHO HAVE/HAD IDA RELATED EMERGENCY NEEDS AND SUPPORT THE G. HOOD FUND FOR VISUAL ARTS

$45,100
Ayco Charitable Foundation

Cohoes, NY

PURPOSE: EDUCATION

$40,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$50,044,569
Earnings-$6,394,077
Admin Expense$488,517
Net Contributions$1,030,410
Grants$1,104,418
Ending Balance$43,087,967

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