Overview
What is Louisiana State University At Eunice Foundation?
The Louisiana State University at Eunice Foundation is a nonprofit organization situated in Eunice, Louisiana. Their primary focus is supporting various programs and activities aimed at enhancing the overall collegiate experience for student-athletes at LSU Eunice. This includes athletic programs such as baseball, basketball, and softball for both genders, as well as supplementary initiatives that contribute positively to the student athletes' college life. The foundation serves as a platform for receiving, holding, investing, and administering property, with the goal of promoting and benefiting LSU Eunice.
Official website here: www.lsuefoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
The Louisiana State University At Eunice Foundation has received a commendable Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial management. The score reflects a strong emphasis on fiscal responsibility, with a perfect accountability and finance score of 81%. This shows that the organization adheres to best practices in governance and financial transparency.
Strengths highlighted in the foundation's performance include a fully independent board, with all 23 members adhering to independence standards. Additionally, the organization has demonstrated excellent management of its resources, evidenced by a program expense ratio of 89.47%, which suggests that a significant portion of its expenses directly support its programs rather than administrative costs. The presence of comprehensive policies such as conflict of interest and whistleblower protections indicates a commitment to ethical governance.
While the organization excels in accountability, the rating is derived from a single beacon score, which may limit the overall assessment of its impact. Nonetheless, the absence of any material diversion of assets and a zero liabilities to assets ratio further solidify the foundation’s financial health and operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Louisiana State University At Eunice Foundation legitimate?
Louisiana State University At Eunice Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Louisiana State University At Eunice Foundation 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.
Heare are some key statistics you may want to consider:
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Other Salaries and Wages: $336,516
For more financial information, click here
Official website here: www.lsuefoundation.org
What is the mission statement of Louisiana State University At Eunice Foundation?
The Louisiana State University at Eunice Foundation supports programs and activities aimed at managing property and making expenditures to enhance, promote, or benefit Louisiana State University at Eunice. One of their key activities involves supporting the intercollegiate athletic program, including baseball, basketball, and softball for both boys and girls. This includes positioning the university, providing travel for intercollegiate competition, and offering supplementary programs that contribute to a positive collegiate experience for student-athletes. In essence, the foundation's role is to support and advance Louisiana State University at Eunice.
Official website here: www.lsuefoundation.org
Who is the CEO of Louisiana State University At Eunice Foundation?
Kip Bertrand is the President of Louisiana State University At Eunice Foundation.
Official website here: www.lsuefoundation.org
What is the revenue of Louisiana State University At Eunice Foundation?
Louisiana State University At Eunice Foundation's revenue in 2022 was $1,168,052.
Official website here: www.lsuefoundation.org
Who are the executives of Louisiana State University At Eunice Foundation and what are their salaries?
Here are 23 key members and their salaries:
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Official website here: www.lsuefoundation.org
Where can I find the form 990 for Louisiana State University At Eunice Foundation?
Louisiana State University At Eunice Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lsuefoundation.org
Learn more at the official website: www.lsuefoundation.org
Mission Statement of Louisiana State University At Eunice Foundation
The Louisiana State University at Eunice Foundation, in its mission, supports programs and activities designed to receive, hold, invest, and administer property. Its primary goal is to make expenditures that advance, promote, or otherwise benefit Louisiana State University at Eunice. This mission is carried out by supporting intercollegiate athletic programs, including baseball for boys and basketball and softball for girls. These athletic programs not only include intercollegiate competition but also supplementary programs that enhance the overall collegiate experience for student athletes, thereby positioning the university positively. The foundation's efforts aim to bolster the university's reputation and provide a well-rounded experience for its student athletes.
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Impact
July, 2024
The Louisiana State University At Eunice Foundation plays a significant role in supporting programs and activities at LSU Eunice. Specifically, it provides crucial funding for the intercollegiate athletic program, which includes baseball (boys), basketball, and softball (girls). This support allows student-athletes to participate in competitive sports, travel for intercollegiate competition, and engage in supplementary programs that enhance their overall collegiate experience. The foundation's efforts contribute to the development and promotion of LSU Eunice's brand positioning and help enrich the educational journey of student-athletes at the university.
This information is meant to be a general summary of Louisiana State University At Eunice Foundation. 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 2022.
- Investment Income: $104,771
- Gross Receipts: $1,199,953
Assets and Liabilities:
- Total Assets: $2,905,512
- Total Liabilities: $0
- Net Assets: $2,905,512
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Organization Details
Founding Year
1992
Phone
(337) 550-1257Principal Officer
Kip Bertrand
Main Address
PO BOX 1551, EUNICE, LA, 70535
Website
www.lsuefoundation.orgNTEE Category
Code: B99Z - Education
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