L S U Foundation
86% goes to programs $12 to raise $100 Strong reserves
L S U Foundation is a 501(c)(3) organization based in Baton Rouge, Louisiana, registered in 1963, with $81,861,028 in FY2023 revenue. CharityIndex grades it B+, and it directs about 86% of spending to programs.
3796 Nicholson Dr, Baton Rouge, LA, 70802 EIN 72-6020969 Since 1963
Revenue (FY2023)
$81.9M
▼ 23.8% vs prior year
Education median: $200K
Expenses (FY2023)
$99.4M
Net assets
$770.4M
Employees
121
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →AProgram efficiency40% of the rating86% to programs · $12 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For L S U Foundation: 86% to programs · $12 to raise $100 earns a A on this criterion. See the exact thresholds →
C+Financial health25% of the rating93 mo reserves · -21% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For L S U Foundation: 93 mo reserves · -21% margin earns a C+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For L S U Foundation: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For L S U Foundation: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
The lsu foundation cultivates and invests in philanthropic partnerships to support and advance lsu's academic priorities.
What they do
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.
Other program services include: (1) salary support for academic purposes, (2) institution-wide academic programs, such as lecture series and hosting visiting scholars, (3) service awards for outstanding faculty and professional staff, (4) travel to national and international business seminars and conferences by university faculty and staff of academic units, (5) institutional advancement, (6) capital outlay including the acquisition of equipment and construction of facilities for use in the academic research endeavors of the university.
Contact & location
- Address
- 3796 Nicholson Dr, Baton Rouge, LA, 70802
- City
- Baton Rouge
- State
- Louisiana
- Category
- Education
- Subcategory
- Support Foundations & Fundraising
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $86.0M (FY2013) to $81.9M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $151.5MNet assets $770.4M
Operating margin
-21.5%
Spent more than it raised in the latest fiscal year.
Total assets
$921.9M
Total liabilities
$151.5M
Net assets
$770.4M
Salaries & benefits
$10.7M
11% of expenses
Board members
32
32 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $81,861,028▼23.8% | $99,446,823▲81.0% | $770,372,127▲4.7% | $921,921,854▲4.6% | 990 |
| 2022 | $107,404,676▼38.2% | $54,939,937▲12.8% | $735,963,154▲7.9% | $881,698,914▲6.8% | 990 |
| 2021 | $173,876,806▲139% | $48,702,677▲13.9% | $681,964,723▲4.8% | $825,892,605▲2.7% | 990 |
| 2020 | $72,730,367▲12.2% | $42,757,228▼12.1% | $650,669,343▲24.5% | $804,249,383▲20.4% | 990 |
| 2019 | $64,814,717▲5.8% | $48,658,847▲3.9% | $522,466,684▲0.1% | $667,744,086▲1.1% | 990 |
| 2018 | $61,243,606▼11.0% | $46,854,439▲5.8% | $522,026,185▲3.1% | $660,756,126▼0.3% | 990 |
| 2017 | $68,823,004▲15.3% | $44,294,840▼25.7% | $506,105,209▲5.3% | $662,855,981▲3.6% | 990 |
| 2016 | $59,683,651▲10.7% | $59,649,503▲10.6% | $480,550,898▲4.9% | $639,874,582▲5.8% | 990 |
| 2015 | $53,907,321▼6.1% | $53,916,025▼18.7% | $457,905,092▼4.8% | $604,826,414▼3.2% | 990 |
| 2014 | $57,413,983▼33.2% | $66,281,517▲48.7% | $481,037,023▼4.0% | $624,938,041▼2.5% | 990 |
| 2013 | $85,968,940 | $44,584,619▲26.6% | $501,048,603▲14.8% | $640,857,889▲13.5% | 990 |
| 2012 | — | $35,211,554▲10.6% | $436,333,139▲7.1% | $564,598,236▲7.4% | 990 |
| 2011 | — | $31,836,480▼5.2% | $407,259,694▼1.3% | $525,646,742▼0.4% | 990 |
| 2010 | — | $33,573,902▼34.5% | $412,420,137▲14.6% | $527,917,286▲13.8% | 990 |
| 2009 | — | $51,219,773 | $359,851,381 | $463,897,474 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Robert M Stuart Jr — $418,363 (0.42% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Robert M Stuart Jr | President & Ceo | 40 | $418,363 |
| Krista Allen Raney | Executive Vp of Development | 40 | $274,993 |
| Kate Spikes | Chief Financial Officer | 40 | $264,621 |
| Leu Anne Greco | Vp & General Counsel | 40 | $198,206 |
| Sonja Yvette Marsh | Assistant Vp of Talent Management | 40 | $182,196 |
| Paige Carter | Exec Dir - Industry Engagement | 40 | $170,567 |
| Sara Whittaker | Avp Communications & Marketing | 40 | $167,746 |
| Kelin Queen | Crm Conversion Director | 40 | $163,579 |
| Lindsey Romanowsky | Senior Director of Development | 40 | $147,198 |
| Michael Mccarty | Director of Its | 40 | $144,839 |
| Anil Punyapu | Director | 1 | — |
| Antonio Lucio | Director | 1 | — |
| Beau Fournet | Chair-elect | 1.5 | — |
| Bradie James | Director | 1 | — |
| Charles Landry | Director | 1 | — |
| Christel Slaughter | Director | 1 | — |
| Clarence Cazalot | Director | 1 | — |
| Deborah Grant | Director | 1.5 | — |
| Dr George E Robinson III | Director | 1.5 | — |
| Dr Mary T Neal | Director | 1.5 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Lsu Energy Concessionaire | Utilities Infra - Science Bldg | $6,587,258 |
| Zuri Group LLC | Crm Implemenation Consultants | $979,897 |
| Blackbaud Inc | Crm Subscription | $452,152 |
| Isaacson Miller | Exec Search Related To Lsu Health N.o. | $309,704 |
| Drakes Catering | Caterting Services For Various Events | $238,191 |
Grants received · $49.2M total
236 grants to L S U Foundation totaling $49.2M, reported by foundations on their Schedule I filings — showing the 15 most recent.
Grants made · $71.8M in FY2023
1 grant totaling $71.8M in FY2023. All grants made by L S U Foundation →
| Recipient | Purpose | Amount |
|---|---|---|
| Louisiana State University | University academic and research support, including scholarships, graduate fellowships and faculty chairs and professorships. | $71,811,933 |
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Frequently asked questions
- Is L S U Foundation a legitimate nonprofit?
- Yes. L S U Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 72-6020969, based in Baton Rouge, Louisiana. Donations are tax-deductible.
- What is L S U Foundation's EIN?
- L S U Foundation's Employer Identification Number (EIN) is 72-6020969.
- How much revenue does L S U Foundation report?
- L S U Foundation reported $81,861,028 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of L S U Foundation's spending goes to programs?
- L S U Foundation spends about 86% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does L S U Foundation have?
- CharityIndex grades L S U Foundation B+, based on program efficiency and fundraising cost.
- How much does L S U Foundation's highest-paid employee make?
- The highest reported compensation on L S U Foundation's latest Form 990 is $418,363, paid to Robert M Stuart Jr (President & Ceo).
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Data for L S U Foundation (EIN 72-6020969) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.