NonprofitsLamar University Foundation Inc

Education

Lamar University Foundation Inc

BEAUMONT, TX

Total revenue

$14.3M

Total expenses

$6.6M

Net assets

$147.0M

Grants received

$6.7M

136 grants

EIN

237298265

Tax year

2023

Mission

The Foundation supports the development and promotion of Lamar University, its students, faculty and staff. The Lamar University Foundation supports and enhances Lamar University by encouraging the commitment of personal and financial resources to further the education of Lamar University students. The Foundation promotes the stewardship of donors to enhance the quality of services provided by the University to student, faculty, alumni and friends. The Lamar University Foundation manages the investments, serves as trustee of the endowment funds and other private assets contributed for the benefit of Lamar University.

Programs

2 programs

Other support provided to Lamar University students and student organizations as specified by donor restrictions

Expenses: $1.4M

Support provided to Lamar University faculty as specified by donor restrictions

Expenses: $850KGrants: $2K

Financials

FY 2023

Revenue

Contributions & grants$8.9M
Program service revenue
Investment income$5.3M
Other revenue$133K
Total revenue$14.3M

Expenses

Grants paid$2.9M
Salaries & benefits
Fundraising$310K
Other expenses$3.7M
Total expenses$6.6M
Total assets$151.4M
Net assets$147.0M

People

27 listed

NameRoleCompensation

Juan J Zabala

CEO

Board

6 hrs/wk

Karen Nichols

COO

Board

34 hrs/wk

Fred Vernon II

Trustee

Board

1 hrs/wk

Elaine Henry

Trustee

Board

1 hrs/wk

J Pat Parsons

Trustee

Board

1 hrs/wk

Jared Boudreaux

Trustee

Board

1 hrs/wk

Michael L Burrow

Trustee

Board

1 hrs/wk

Yolanda Conyers

Trustee

Board

1 hrs/wk

Rena Clark

Secy/Com Chair

Board

3 hrs/wk

Jerry Dearing

Trustee

Board

1 hrs/wk

Vernon Durden

Trste/Com Chair

Board

3 hrs/wk

Phillip E Fuller

Trustee

Board

1 hrs/wk

Terry Garth

Vice Chairman

Board

3 hrs/wk

Ann Die Hasselmo

Trustee

Board

1 hrs/wk

Gisela Houseman

Trustee

Board

1 hrs/wk

Mike Jenkins

Trustee

Board

1 hrs/wk

Carmen Jordan

Trustee

Board

1 hrs/wk

Clayton Lau

Trustee

Board

1 hrs/wk

Catherine Long

Trustee

Board

1 hrs/wk

Becky Mason

Chairman

Board

3 hrs/wk

Larry Norwood

Trste/Com Chair

Board

3 hrs/wk

Ellen Rienstra

Trustee

Board

1 hrs/wk

Lori Ryerkerk

Trustee

Board

1 hrs/wk

Don Shaver

Past Chairman

Board

3 hrs/wk

Mike Turner

Trustee

Board

1 hrs/wk

Joe Vernon

Treas/Com Chair

Board

3 hrs/wk

Herman Wilson Jr

Trustee

Board

1 hrs/wk

Grants received

Showing 136 of 136

FromAmountPurposeYear
$50K
UNRESTRICTED GENERAL
2024
$22K
GENERAL SUPPORT
2024
$18K
GENERAL SUPPORT
2024
$16K
FOR RECIPIENT'S EXEMPT PURPOSE
2024
$12K
DONATIONS TO COLLEGES, UNIVERSITIES AND OTHER ORGANIZATIONS UNDER "MATCHING GIFTS PROGRAM."
2024
$10K
SUPPORT MUSIC DEPARTMENT
2024
$7K
EDUCATIONAL SCHOLARSHIP
2024
$7K
CONTINUING OPERATIONS
2024
$3K
Funds for David L Cargill Scholarship in Art
2024
$1K
FURTHER THE ORGANIZATIONS CHARITABLE PURPOSE
2024
$684K
For grant recipient's exempt purposes
2023
$225K
Scholarships
2023
$78K
CHARITABLE DONATION
2023
$50K
FUNDS TO RELIEVE SHORTAGE
2023
$35K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$25K
Program Support
2023
$21K
SUPPORT FOR ART DEPT
2023
$18K
GENERAL SUPPORT
2023
$18K
GENERAL SUPPORT
2023
$10K
DONATIONS TO COLLEGES, UNIVERSITIES AND OTHER ORGANIZATIONS UNDER "MATCHING GIFTS PROGRAM."
2023
$10K
CHARITABLE DONATION
2023
$10K
Scholarship
2023
$6K
SUPPORT MUSIC DEPARTMENT
2023
$6K
EDUCATIONAL SCHOLARSHIP
2023
$6K
GENERAL SUPPORT
2023
$2K
PROGRAM/OPERATING SUPPORT
2023
$1K
FRIENDS OF THE ARTS
2023
$1K
CONTINUING OPERATIONS
2023
$113K
Scholarships
2022
$61K
For grant recipient's exempt purposes
2022
$50K
FUNDS TO RELIEVE SHORTAGE
2022
$50K
Education
2022
$24K
CHARITABLE DONATION
2022
$22K
GENERAL SUPPORT
2022
$21K
GENERAL SUPPORT
2022
$21K
GENERAL SUPPORT
2022
$20K
EDUCATIONAL SCHOLARSHIP
2022
$15K
Program Support
2022
$11K
CONTINUING OPERATIONS
2022
$10K
DONATIONS TO COLLEGES, UNIVERSITIES AND OTHER ORGANIZATIONS UNDER "MATCHING GIFTS PROGRAM."
2022
$10K
Fund Scholarships
2022
$10K
CHARITABLE DONATION
2022
$10K
Program Support
2022
$8K
FY'22 MATCHING GIFTS
2022
$6K
SUPPORT FOR ART DEPT
2022
$2K
SUPPORT MUSIC DEPARTMENT
2022
$1K
FURTHER THE ORGANIZATIONS CHARITABLE PURPOSE
2022
$350
MATCHING GIFTS
2022
$20K
GENERAL SUPPORT
2021
$19K
GENERAL SUPPORT
2021
$17K
CHARITABLE DONATION
2021
$15K
For grant recipient's exempt purposes
2021
$15K
For grant recipient's exempt purposes
2021
$12K
GENERAL OPERATING EXPENSES
2021
$10K
DONATIONS TO COLLEGES, UNIVERSITIES AND OTHER ORGANIZATIONS UNDER "MATCHING GIFTS PROGRAM."
2021
$10K
Program Support
2021
$10K
Fund Scholarships
2021
$1K
CONTINUING OPERATIONS
2021
$1K
FRIENDS OF THE ARTS
2021
$1K
MATCHING GIFTS 1
2021
$417
FURTHER ORGANIZATIONS CHARITABLE PURPOSE
2021
$199K
To be designated as follows: $90,125.00 for the Carolyn Keating Scholarship, $87,020.00 for the Thomas J. Keating Scholarship and $22,143.00 for the David Gates Scholarship; please list this grant as coming from Carolyn J. Keating
2020
$51K
CHARITABLE DONATION
2020
$50K
SUPPORT FOR S.T.E.M.
2020
$25K
B11 SINGLE ORGANIZATION SUPPORT
2020
$20K
GENERAL SUPPORT
2020
$14K
GENERAL NEEDS
2020
$12K
For grant recipient's exempt purposes
2020
$11K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$10K
PROGRAM SUPPORT
2020
$10K
PROGRAM SUPPORT
2020
$4K
Annual contribution
2020
$2K
MATCHING GIFTS 1
2020
$2K
PROMOTE LEADERSHIP PROGRAM
2020
$1K
EMPLOYEE MATCHING GRANT
2020
$1K
MATCHING GIFTS 1
2020
$1K
FURTHER ORGANIZATIONS CHARITABLE PURPOSE
2020
$500
UNDERGRADUATE AND ADVANCED DEGREE PROGRAMS
2020
$40K
CHARITABLE DONATION
2019
$4K
Program Support
2019
$100
Donation
2019
$18K
For grant recipient's exempt purposes
2018
$12K
This grant is an annual contribution for the William and Susan Thacker Scholarship.
2018
$3K
PROGRAM/OPERATING SUPPORT
2018
$3K
FURTHER ORGANIZATIONS CHARITABLE PURPOSE
2018
$2K
PROGRAM/OPERATING SUPPORT
2018
$1K
FRIENDS OF THE ARTS
2018
$463K
PUBLIC, SOCIETAL BENEFIT
2017

Funded by

$6.7M from 48 funders · 136 grants · 2017–2024

Donor Advised Charitable Giving Inc

$2.6M · 7 grants · 2017–2023

Fidelity Investments Charitable Gift Fund

$805K · 6 grants · 2018–2023

National Philanthropic Trust

$473K · 2 grants · 2017–2020

Gale Foundation

$338K · 2 grants · 2022–2023

Gay D And William F Scott Family Foundation

$275K · 4 grants · 2020–2023

Helen C & Curtis B Locke Charitable Trust

$250K · 5 grants · 2018–2024

Wilton And Effie Hebert Foundation

$250K · 3 grants · 2020–2022

Greater Houston Community Foundation

$221K · 4 grants · 2018–2024

Details

EIN237298265
NTEE codeB110
Subsection03
Ruling date1973-05
Formed1972
Employees0
Volunteers25
LAMAR UNIVERSITY FOUNDATION INC — Mission, Financials & Grants Received | Grantivo