Lamar University Foundation INC

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $2,500 a year, plus $10 a year for the ID check.

How does your 990 look to donors? Take the 10-Question Audit

The Foundation supports the development and promotion of Lamar University, its students, faculty and staff.

501(c)(3) charity; gifts are tax-deductible.
85¢ of each $1 spent went to programs.
Run by 33 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $4.5M a year · 43% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
85%
of spending
Looks good: 85% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
<1 mo
of spending, in cash
Plus $162.0M in investments, Pt X · Ln 11–13
Fine: 0.5 months of spending in cash, plus $162.0M in investments.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $53K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$5.0M
3% of total assets
Looks good: liabilities are 3% of assets; 50% or less.
Pt X · Ln 26
Independent board members
21
of 21 voting members
Looks good: 21 of 21 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$7.2M
-50% vs prior year
Spent
$6.2M
To programs
85%
Net assets
$158.9M
By yearFY2020–FY2025
Revenue
$7.2M
FY2025▼ -50%
Tap a bar for its year
Revenue by fiscal year
FY2020$12.7M
FY2021$10.8M
FY2022$9.2M
FY2023$9.2M
FY2024$14.3M
FY2025$7.2M
Expenses
$6.2M
FY2025▼ -6%
Tap a bar for its year
Expenses by fiscal year
FY2020$6.4M
FY2021$5.9M
FY2022$5.5M
FY2023$5.6M
FY2024$6.6M
FY2025$6.2M
Net assets
$158.9M
FY2025▲ +8%
Tap a bar for its year
Net assets by fiscal year
FY2020$105.4M
FY2021$127.4M
FY2022$118.5M
FY2023$126.7M
FY2024$147.0M
FY2025$158.9M

From the FY2025 Form 990 (year ending August 2025) · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 1973.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

85 cents of each dollar spent went to programs.

Program services 85% · $5.3M Management & general 10% · $647K Fundraising 5% · $295K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

23 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Secy/Com Chair
$0Pt VII · Sec A
See Lamar University Foundation INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Supports Lamar University's students, faculty, and staff through development and promotion.

Questions for Lamar University Foundation INC

Tap to ask. Lamar University Foundation INC sees how many people are interested.

Your first name shows with your question. Lamar University Foundation INC answers here, for everyone.

3 programs · $5.1M · in their own filed words · FY2024
01

Scholarships provided to Lamar University students as specified by donor restrictions

$3.2Mprogram expense
02

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

$1.4Mprogram expense
03

Support provided to Lamar University faculty as specified by donor restrictions

$562Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 2 funders$53K
Grants paid · 30 grants · $29.5M · 2019–2024
Unitemized GrantFY2024$3,185,995
Lamar UniversityFY2024$581,429
Lamar UniversityFY2024$575,264
Lamar UniversityFY2024$558,720
Lamar UniversityFY2024$178,926
Unitemized GrantFY2023$2,912,710
Lamar UniversityFY2023$898,722
Lamar UniversityFY2023$809,611
Lamar UniversityFY2023$494,302
Lamar UniversityFY2023$393,407
Unitemized GrantFY2022$2,419,602
Lamar UniversityFY2022$869,261
Lamar UniversityFY2022$619,683
Lamar UniversityFY2022$480,679
Lamar UniversityFY2022$40,216
Unitemized GrantFY2021$2,387,073
Lamar UniversityFY2021$1,243,376
Lamar UniversityFY2021$638,343
See all 30 grants →

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$7.2M
Ln 12
Gifts and grantsLn 1h$4.3M
Investment incomeLn 3$3.4M
Money outPt IX
$6.2M
Ln 25
Programscol B$5.3M
Managementcol C$647K
Fundraisingcol D$295K
Owns and owesPt X
$158.9M
net assets · Ln 32
Cash and savingsLn 1–2$270K
Total assetsLn 16$163.9M
LiabilitiesLn 26$5.0M
PeoplePt VI, VII
23
listed · VII A
PaidVII A0
Voting boardVI 1a21
IndependentVI 1b21
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$4.3M
Noncash giftsLn 1g$229K
Investment incomeLn 3$3.4M
Gains on assetsLn 7$3.0M
Total revenueLn 12$7.2M
Assets in detailPt X, end of year
CashLn 1$270K
Cash and savings togetherLn 1–2$270K
Land, buildings, equipmentLn 10c$2K
InvestmentsLn 11–13$162.0M
Other assetsLn 15$1.7M
Total assetsLn 16$163.9M
LiabilitiesLn 26$5.0M
Net assetsLn 32$158.9M
OperationsPt I, VI
EmployeesI 50
VolunteersI 633
Fiscal year endsHeaderAugust
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3More from this return
Abroad and in kindSch F, M
Noncash gifts receivedSch M Pt I$229K
Investment feesPt IX, Sch D
Investment fees, as reportedPt IX 11f$193K
Share of the $162.0M endowmentSch D 1g0.12%
Typical, median of 2,202 orgs0.44%
EndowmentSch D · Pt V
LineFY25FY24FY23FY22FY21
End of yearLn 1g$162.0M$148.5M$125.1M$116.4M$126.3M
Given inLn 1b$5.8M$12.5M$6.5M$5.8M$6.7M
SpentLn 1d–1f$7.2M$7.3M$6.5M$6.4M$6.7M
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$499K$270K
InvestmentsLn 11–13$148.3M$162.0M
Land, buildings, equipmentLn 10c$3K$2K
Total assetsLn 16$151.4M$163.9M
LiabilitiesLn 26$4.4M$5.0M
Net assetsLn 32$147.0M$158.9M
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$3.2M$3.2M
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$0
Legal feesLn 11b$14K$4K$10K
Accounting feesLn 11c$18K$18K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$193K$193K
Other fees for servicesLn 11g$97K$97K
Advertising and promotionLn 12$0
Office expensesLn 13$8K$8K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$143K$101K$15K$27K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$919$919
InsuranceLn 23$1K$1K
Other expenses (24a–d)Ln 24$2.1M$1.6M$363K$136K
All other expensesLn 24e$491K$328K$42K$122K
Total functional expensesLn 25$6.2M$5.3M$647K$295K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest ViewingFiled with the IRS Mar 31, 2026 $7.2M$6.2M$1.0M$158.9M 990 PDF
FY2024Filed with the IRS Feb 26, 2025 $14.3M$6.6M$7.7M$147.0M 990 PDF
FY2023Filed with the IRS Mar 5, 2024 $9.2M$5.6M$3.6M$126.7M 990 PDF
FY2022Filed with the IRS Jan 13, 2023 $9.2M$5.5M$3.7M$118.5M 990 PDF
FY2021Filed with the IRS Mar 22, 2022 $10.8M$5.9M$4.9M$127.4M 990 PDF
FY2020Filed with the IRS Jan 15, 2021 $12.7M$6.4M$6.3M$105.4M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support M · Noncash O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $7,219,313 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $8,886,444$4,256,676
I-9 Program service revenue$0
I-10 Investment incomePrior year $5,297,906$3,436,864
I-11 Other revenuePrior year $132,671−$474,227
I-12 Total revenuePrior year $14,317,021$7,219,313
I-13 Grants and similar amounts paidPrior year $2,912,710$3,185,995
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $3,704,934$3,030,092
I-18 Total expensesPrior year $6,617,644$6,216,087
I-19 Revenue less expensesPrior year $7,699,377$1,003,226
Part VI · Governance 21 of 21 board members independent, no flags
VI-1a Voting members of the governing body21
VI-1b Independent voting members21
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $7,219,313 across 10 lines filed
VIII-1f All other contributions, gifts and grants$4,256,676
VIII-1g Noncash contributions (included above)$229,218
VIII-1h Total contributions, gifts and grants$4,256,676
VIII-3 Investment incomeExcluded from tax $440,323$440,323
VIII-5 RoyaltiesExcluded from tax $147,991$147,991
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assetsExcluded from tax $2,996,541$2,996,541
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax −$622,218−$622,218
VIII-12 Total revenueExcluded from tax $2,962,637$7,219,313
Part IX · Statement of functional expenses $6,216,087 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individualsPrograms $3,185,995$3,185,995
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$0
IX-11b Legal feesManagement $4,170 · Fundraising $10,000$14,170
IX-11c Accounting feesManagement $18,170$18,170
IX-11d Lobbying fees$0
IX-11f Investment management feesManagement $193,349$193,349
IX-11g Other fees for servicesPrograms $97,247$97,247
IX-12 Advertising and promotion$0
IX-13 Office expensesManagement $8,163$8,163
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 TravelPrograms $101,167 · Management $15,411 · Fundraising $26,745$143,323
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationManagement $919$919
IX-23 InsuranceManagement $1,442$1,442
IX-24 Other expenses (24a–d)Programs $1,562,379 · Management $363,459 · Fundraising $136,101$2,061,939
IX-24e All other expensesPrograms $327,526 · Management $42,044 · Fundraising $121,800$491,370
IX-25 Total functional expensesPrograms $5,274,314 · Management $647,127 · Fundraising $294,646$6,216,087
Part X · Balance sheet $163,920,461 assets, 22 lines filed
X-1 Cash, non-interest-bearingStart of year $498,690$270,334
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-5 Loans to officers and key people$0
X-6 Loans to other insiders$0
X-7 Notes and loans receivableStart of year $200,000$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, netStart of year $3,066$2,147
X-11 Publicly traded securitiesStart of year $111,289,521$126,812,276
X-12 Other securitiesStart of year $37,050,232$35,171,754
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $2,358,144$1,663,950
X-16 Total assetsStart of year $151,399,653$163,920,461
X-25 Other liabilitiesStart of year $4,365,137$4,977,786
X-26 Total liabilitiesStart of year $4,365,137$4,977,786
X-27 Net assets without donor restrictionsStart of year $4,157,607$4,933,585
X-28 Net assets with donor restrictionsStart of year $142,876,909$154,009,090
X-32 Total net assets or fund balancesStart of year $147,034,516$158,942,675
X-33 Total liabilities and net assetsStart of year $151,399,653$163,920,461
Part XI · Reconciliation of net assets $158,942,675 net assets at year end
XI-1 Total revenue$7,219,313
XI-2 Total expenses$6,216,087
XI-3 Revenue less expenses$1,003,226
XI-4 Net assets at start of year$147,034,516
XI-5 Net unrealized gains (losses) on investments$10,904,933
XI-10 Net assets at end of year$158,942,675

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.