Overview
What is Louisiana State University At Alexandria Foundation Inc?
Louisiana State University at Alexandria Foundation Inc is a nonprofit organization situated in Alexandria, Louisiana, with a postal address at 8100 Highway 71 South. Its primary mission is to support the academic growth and improvement of Louisiana State University in Alexandria. This support includes funding scholarly pursuits, research projects, and various educational initiatives, as well as providing scholarships and professorships. The foundation's purpose is to enhance the educational and cultural welfare of the university, thereby contributing to the wider community.
What are the reviews and ratings of this charity?
Charity Navigator rating: 95%, Four-Star out of Four Star rating.
The Louisiana State University At Alexandria Foundation Inc has earned a remarkable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The foundation scored exceptionally well, particularly in areas such as independent board membership and financial oversight, indicating a solid governance structure and effective operational management.
The foundation boasts an impressive accountability score of 95%, with 76% of its board members being independent, which enhances transparency and reduces potential conflicts of interest. Furthermore, the organization has established comprehensive policies regarding financial practices, material asset diversions, and whistleblower protections, contributing to a robust ethical framework.
One of the foundation's notable strengths is its program expense ratio of 84.46%, which signifies that a substantial portion of its funding is directed towards its mission-related activities. Additionally, it has demonstrated exceptional fundraising efficiency and a strong working capital ratio, suggesting financial stability. Overall, the organization's strong fiscal health and governance policies position it as a reliable choice for donors looking to support educational initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Louisiana State University At Alexandria Foundation Inc legitimate?
Louisiana State University At Alexandria Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Louisiana State University At Alexandria 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.
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What is the mission statement of Louisiana State University At Alexandria Foundation Inc?
The Louisiana State University at Alexandria Foundation Inc. is an organization established with the mission to foster educational and cultural advancements. It achieves this objective by accepting donations to fund various projects. These projects primarily focus on providing scholarships, supporting research, and aiding in the improvement of designated projects, all aimed at benefiting Louisiana State University at Alexandria. The foundation's purpose also extends to promoting educational and cultural welfare, contributing to the institution's Masterplan for institutional improvement.
Who is the CEO of Louisiana State University At Alexandria Foundation Inc?
Aloysia Ducote is the Treasurer of Louisiana State University At Alexandria Foundation Inc.
What is the revenue of Louisiana State University At Alexandria Foundation Inc?
Louisiana State University At Alexandria Foundation Inc's revenue in 2023 was $3,304,287.
Who are the executives of Louisiana State University At Alexandria Foundation Inc and what are their salaries?
Here are 26 key members and their salaries:
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Where can I find the form 990 for Louisiana State University At Alexandria Foundation Inc?
Louisiana State University At Alexandria Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Louisiana State University At Alexandria Foundation Inc
Louisiana State University at Alexandria Foundation Inc, in its mission, is dedicated to enhancing the educational and cultural well-being of Louisiana State University at Alexandria. The organization serves this purpose by accepting donations to fund various projects that benefit the university. These projects may include providing scholarships, establishing professorships, supporting research, and contributing to other designated initiatives aimed at improving Louisiana State University at Alexandria. The ultimate goal is to contribute to the Masterplan for institutional improvement at the university. In essence, Louisiana State University at Alexandria Foundation Inc plays a crucial role in fostering the growth and development of Louisiana State University at Alexandria by leveraging its resources and generosity of donors.
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Impact
July, 2024
Louisiana State University At Alexandria Foundation Inc's impact is significant in promoting educational and cultural welfare. The foundation supports Louisiana State University of Alexandria's Masterplan for institutional improvement, providing scholarships, professorships, research aid, and other designated projects for the benefit of the university. Through its efforts, the foundation contributes to enhancing educational opportunities and fostering cultural growth in the Alexandria community.
This information is meant to be a general summary of Louisiana State University At Alexandria Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $818,134
- Gross Receipts: $3,304,287
Assets and Liabilities:
- Total Assets: $33,698,855
- Total Liabilities: $105,383
- Net Assets: $33,593,472
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Organization Details
Phone
(318) 473-6409Principal Officer
Aloysia Ducote
Main Address
8100 Highway 71 South, Alexandria, LA, 71302
NTEE Category
Code: B114 - Education
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