Nicholls State University Foundation

Organization Overview

Nicholls State University Foundation is located in Thibodaux, LA. The organization was established in 1966. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, 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. Nicholls State 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 06/2021, Nicholls State University Foundation generated $4.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $3.9m during the year ending 06/2021. While expenses have increased by 5.7% 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'S MISSION IS TO PROMOTE, DEVELOP AND ASSIST NICHOLLS STATE UNIVERSITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SUPPORT FOR PROGRAMS AT NICHOLLS STATE UNIVERSITY


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Board, Officers & Key Employees

Name (title)Compensation
Jeremy Becker
Executive Director
$105,042
Donald Bollinger
Chairman
$0
Dan Duplantis
Vice President
$0
Arlen Cenac
Sec./treas.
$0
Chris Riviere
President
$0
Hugh Hamilton
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$23,952
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$3,589,119
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,613,071
Total Program Service Revenue$123,861
Investment income $388,270
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $206,339
Net Income from Fundraising Events -$180
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,331,361

Grants Recieved

Over the last fiscal year, we have identified 14 grants that Nicholls State University Foundation has recieved totaling $563,370.

Awarding OrganizationAmount
Baton Rouge Area Foundation

Baton Rouge, LA

PURPOSE: SUPPORT HURRICANE IDA RELIEF PROJECTS

$270,000
Saints And Pelicans Gulf Coast Renewal

Metairie, LA

PURPOSE: GENERAL SUPPORT

$100,000
The Greater New Orleans Foundation

New Orleans, LA

PURPOSE: EDUCATION

$50,153
Contractors Educational Trust Fund

Baton Rouge, LA

PURPOSE: FUNDS ARE USED FOR SCHOLARSHIPS

$50,000
Community Foundation Of Acadiana

Lafayette, LA

PURPOSE: Scholarships, General Support

$24,000
Pat And Kate Brady Family Foundation

New Orleans, LA

PURPOSE: UNDERGRADUATE COLLEGES

$20,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$12,203,049
Earnings$2,323,556
Admin Expense$100,891
Net Contributions$786,492
Other Expense$20,000
Grants$612,480
Ending Balance$14,579,726

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