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Lamar University Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237298265 ✦ Beaumont, TX ✦ Designated as a 501(c)(3)

Overview

What is Lamar University Foundation Inc?

Lamar University Foundation Inc is a nonprofit organization based in Beaumont, Texas. Their primary mission is to support and advance Lamar University, its students, faculty, and staff. They achieve this by encouraging donations and managing investments to further educational opportunities. The foundation acts as a steward of donor contributions, enhancing the quality of services offered by the university to students, faculty, alumni, and friends. One of their key roles is managing endowment funds and other private assets given for Lamar University's benefit. Their main activity involves providing scholarships to Lamar University students, adhering to the donor's specified restrictions.


Official website here: www.lamar.edu/advancement/foundation/index.html

Is Lamar University Foundation Inc legitimate?

Lamar University Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lamar University Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.lamar.edu/advancement/foundation/index.html

What is the mission statement of Lamar University Foundation Inc?

Lamar University Foundation Inc's mission is centered around supporting and enhancing Lamar University. They encourage the commitment of personal and financial resources to advance the education of students. The foundation promotes the stewardship of donors to improve the quality of services provided by the university to students, faculty, alumni, and friends. Additionally, the Lamar University Foundation manages investments and serves as a trustee for endowment funds and other private assets contributed for the benefit of the university. Their primary goal is to foster the growth and development of Lamar University.


Official website here: www.lamar.edu/advancement/foundation/index.html

Who is the CEO of Lamar University Foundation Inc?

Juan J Zabala is the Ceo of Lamar University Foundation Inc. The CEO's salary of Lamar University Foundation Inc is $0 and their total compensation is $200,962.


Official website here: www.lamar.edu/advancement/foundation/index.html

What is the revenue of Lamar University Foundation Inc?

Lamar University Foundation Inc's revenue in 2022 was $9,189,349.


Official website here: www.lamar.edu/advancement/foundation/index.html

Who are the executives of Lamar University Foundation Inc and what are their salaries?

Here are 31 key members and their salaries (Lamar University Foundation Inc's CEO's salary is $0 and their total compensation is $200,962):

    Juan J Zabala (Ceo)
  • Compensation: $0
  • Related: $168,102
  • Other: $32,860

    • Karen Nichols (Coo)
  • Compensation: $0
  • Related: $67,045
  • Other: $7,498

    • J Mark Smith (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elaine Henry (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • J Pat Parsons (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sandra F Clark (Trste/Com Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael L Burrow (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rena Clark (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jerry Dearing (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Vernon Durden (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Phillip E Fuller (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Terry Garth (Trste/Com Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ann Die Hasselmo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gisela Houseman (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Jenkins (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carmen Jordan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Clayton Lau (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Catherine Long (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Becky Mason (Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Larry Norwood (Trste/Com Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ellen Rienstra (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Roebuck Sr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lori Ryerkerk (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bill Scott (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Don Shaver (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michele Smith (Trste/Com Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Henry Strait (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Turner (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joe Vernon (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joe Williams (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Herman Wilson Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.lamar.edu/advancement/foundation/index.html

    Where can I find the form 990 for Lamar University Foundation Inc?

    The Lamar University Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.lamar.edu/advancement/foundation/index.html

    Learn more at the official website: www.lamar.edu/advancement/foundation/index.html

    Mission Statement of Lamar University Foundation Inc

    Lamar University Foundation Inc is committed to fostering the growth and recognition of Lamar University, its students, faculty, and staff. The foundation's mission is twofold. Firstly, it encourages the dedication of both personal and financial resources to enhance the educational opportunities for Lamar University students. Secondly, it promotes the responsible management of donors' contributions to improve the quality of services provided by the university to students, faculty, alumni, and friends. The foundation acts as a trustee for endowment funds and other private assets donated for the benefit of Lamar University, managing its investments effectively to further its goals. In essence, Lamar University Foundation Inc plays a crucial role in supporting and enhancing the development and promotion of Lamar University, ultimately benefiting its entire community.

    Impact

    This information is meant to be a general summary of Lamar University Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Lamar University Foundation Inc's impact is significant in supporting the development and promotion of Lamar University, its students, faculty, and staff. The Foundation encourages the commitment of personal and financial resources to further the education of Lamar University students. Its stewardship of donors enhances the quality of services provided by the University to students, faculty, alumni, and friends. Additionally, the Foundation manages investments, serves as a trustee of endowment funds, and administers other private assets contributed for the benefit of Lamar University. Through scholarships provided to students as specified by donor restrictions, the Foundation plays a crucial role in facilitating access to higher education and supporting the growth of the university community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $3,368,743
  • Program Service Revenue: $0
  • Gross Receipts: $22,111,331

    • Assets and Liabilities:
  • Total Assets: $120,036,714
  • Total Liabilities: $1,564,459
  • Net Assets: $118,472,255
  • Organization Details

    Founding Year

    1972

    Principal Officer

    Juan J Zabala

    Main Address

    P O Box 11500, Beaumont, TX, 77710

    NTEE Category

    Code: B110 - Education

    If you are a representative of Lamar University Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.