Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 1963.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
79 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
46 people listed on the 990; $2.2M paid to officers and key staff.
Robert M Stuart JR’s $423K as President & CEO is at the 28th percentile of top reported officer pay among 674 $100M+ education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Robert M Stuart JR | $423,073 | $418,363 | $393,865 | $361,218 | $282,750 | — |
| J Bryan Benchoff | — | — | — | — | $312,114 | $343,770 |
| Krista Allen Raney | $288,026 | $274,993 | $262,842 | $207,763 | $178,776 | $151,348 |
| Kate Spikes | $260,919 | $264,621 | $229,489 | $210,555 | $194,899 | $204,755 |
| Leu Anne Greco | $206,331 | $198,206 | $187,769 | $180,025 | $169,961 | $173,854 |
| Ann Marie Marmande-Frenzel | — | — | — | — | — | $195,502 |
| Daniel Bozard | — | — | — | — | $155,897 | $188,879 |
| Sonja Yvette Marsh | $188,513 | $182,196 | $176,063 | $170,970 | $164,862 | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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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
Raises and manages philanthropic funds to support Louisiana State University's academic priorities, faculty chairs, professorships, and scholarly activities.
Questions for L S U Foundation
Your first name shows with your question. L S U Foundation answers here, for everyone.
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Academic and Research Activities
Operational support expenses to supplement state funding and aid the academic colleges of the university as well as the agricultural center in accomplishing lsu's mission.
Scholarships and Fellowships
Financial support to undergraduate and graduate students through approximately 2,278 available scholarships and fellowships.
Chairs and Professorships
Expenses to directly support the scholarly activities of over 920 specifically designated chairs and professorships available to lsu's distinguished faculty.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2025 990, line by line.
Download 990
| Line | Start FY25 | End FY25 |
|---|---|---|
| Cash and savingsLn 1–2 | $52.2M | $56.2M |
| InvestmentsLn 11–13 | $767.9M | $851.9M |
| Land, buildings, equipmentLn 10c | $7.4M | $6.9M |
| Total assetsLn 16 | $921.9M | $1.01B |
| LiabilitiesLn 26 | $151.5M | $154.9M |
| Net assetsLn 32 | $770.4M | $852.7M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $39.5M | $39.5M | ||
| Pay of current officers, directors and key staffLn 5 | $1.6M | $977K | $584K | |
| Other salaries and wagesLn 7 | $7.4M | $2.5M | $4.8M | |
| Pension plan contributionsLn 8 | $500K | $202K | $298K | |
| Other employee benefitsLn 9 | $916K | $323K | $593K | |
| Payroll taxesLn 10 | $621K | $237K | $385K | |
| Legal feesLn 11b | $8K | $8K | ||
| Accounting feesLn 11c | $87K | $87K | ||
| Other fees for servicesLn 11g | $3.3M | $3.2M | $46K | $37K |
| Advertising and promotionLn 12 | $200K | $200K | ||
| Office expensesLn 13 | $3.7M | $2.6M | $627K | $474K |
| OccupancyLn 16 | $454K | $179K | $156K | $119K |
| TravelLn 17 | $1.4M | $1.3M | $3K | $42K |
| Conferences, conventions and meetingsLn 19 | $76K | $76K | ||
| Payments to affiliatesLn 21 | $4.1M | $4.1M | $72K | |
| Depreciation, depletion and amortizationLn 22 | $1.2M | $332K | $883K | |
| InsuranceLn 23 | $296K | $40K | $141K | $116K |
| Other expenses (24a–d)Ln 24 | $5.2M | $4.6M | $34K | $580K |
| Total functional expensesLn 25 | $70.4M | $55.9M | $6.4M | $8.1M |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest Viewing | $121.1M | $70.4M | $50.7M | $852.7M | 990 PDF |
| FY2024 | $81.9M | $99.4M | −$17.6M | $770.4M | 990 PDF |
| FY2023 | $107.4M | $54.9M | $52.5M | $736.0M | 990 PDF |
| FY2022 | $173.9M | $48.7M | $125.2M | $682.0M | 990 PDF |
| FY2021 | $72.7M | $42.8M | $30.0M | $650.7M | 990 PDF |
| FY2020 | $64.8M | $48.7M | $16.2M | $522.5M | 990 PDF |
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Schedules filed Part IV
See the full FY2025 990 (6 parts)
Part I · Summary $121,135,454 revenue, 12 lines filed
Part VI · Governance 32 of 32 board members independent, no flags
Part VIII · Statement of revenue $121,135,454 across 10 lines filed
Part IX · Statement of functional expenses $70,419,739 across 18 lines filed
Part X · Balance sheet $1,007,615,738 assets, 18 lines filed
Part XI · Reconciliation of net assets $852,713,383 net assets at year end
Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File
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