Overview
What is Lsu In Shreveport Foundation Inc?
Lsu In Shreveport Foundation Inc, established in Shreveport, Louisiana, is a 501(c)(3) nonprofit organization with a primary mission to support Louisiana State University in Shreveport (LSUS). By managing investments and serving as a trustee for funds and other contributed assets, the foundation fosters private support for LSUS programs and areas of study. The organization's activities include managing gifts, grants, and endowments to provide scholarships, research activities, and other benefits for LSUS and its faculty and students, as per donor instructions. With a strong commitment to the education and cultural welfare of LSUS, the foundation has a dedicated workforce of two individuals.
Official website here: www/lsus.edu/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 99%, Four-Star out of Four Star Rating
The LSU in Shreveport Foundation Inc has achieved an impressive 99% score, which translates to a Four-Star rating on Charity Navigator, indicating a high level of accountability and financial health. This rating is based entirely on their Accountability & Finance score, showcasing the foundation's commitment to responsible management of resources.
One of the organization's notable strengths is its governance structure, with 100% of its board members being independent, which contributes to transparent decision-making. Additionally, the foundation demonstrates excellent financial oversight, with strong scores in areas such as the existence of a whistleblower policy and diligent record-keeping practices. The program expense ratio is also commendable at 69.47%, reflecting a significant portion of expenditures directed towards program services.
While the foundation showcases strong operational practices, no specific limitations were noted in the user feedback or ratings data. This suggests a well-managed organization that prioritizes accountability and effective use of funds, making it a reliable choice for donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Lsu In Shreveport Foundation Inc legitimate?
Lsu In Shreveport Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lsu In Shreveport 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.
Heare are some key statistics you may want to consider:
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For more financial information, click here
Official website here: www/lsus.edu/foundation
What is the mission statement of Lsu In Shreveport Foundation Inc?
The LSU in Shreveport Foundation is a 501(c)(3) non-profit organization with a primary mission to encourage private support for Louisiana State University in Shreveport. The foundation manages investments and serves as a trustee for funds and other contributed assets, benefiting the university. Its activities include promoting philanthropic support for LSU programs and areas of study, recognizing the importance of economic development in northeast Louisiana. The foundation's goal is to enhance the education and cultural well-being of Louisiana State University in Shreveport. It achieves this by managing gifts, grants, and endowments, providing scholarships, funding research activities, and benefiting the faculty and students as per donor prescriptions.
Official website here: www/lsus.edu/foundation
Who is the CEO of Lsu In Shreveport Foundation Inc?
Carey Sullivan is the Director of Lsu In Shreveport Foundation Inc.
Official website here: www/lsus.edu/foundation
What is the revenue of Lsu In Shreveport Foundation Inc?
Lsu In Shreveport Foundation Inc's revenue in 2022 was $2,098,535.
Official website here: www/lsus.edu/foundation
Who are the executives of Lsu In Shreveport Foundation Inc and what are their salaries?
There are 2 employees and 23 volunteers at Lsu In Shreveport Foundation Inc.
Here are 24 key members and their salaries:
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Official website here: www/lsus.edu/foundation
Where can I find the form 990 for Lsu In Shreveport Foundation Inc?
Lsu In Shreveport Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www/lsus.edu/foundation
Learn more at the official website: www/lsus.edu/foundation
Mission Statement of Lsu In Shreveport Foundation Inc
The LSU in Shreveport Foundation is a 501(c)(3) nonprofit corporation with a singular mission: to foster private support for Louisiana State University in Shreveport. This mission extends beyond mere financial support, as the foundation also manages investments and serves as a trustee for funds and other contributed assets, all for the benefit of the university. Recognizing the significance of economic development in northeast Louisiana, the foundation promotes philanthropic support for LSU programs and areas of study.
At the heart of the LSU in Shreveport Foundation's mission is the goal of promoting the education and cultural welfare of Louisiana State University in Shreveport (LSUS). To achieve this, the foundation's activities encompass the management of gifts, grants, and endowments. These funds are primarily used to provide scholarships, support research activities, and offer any other benefits that may be prescribed by donors, all aimed at benefiting LSUS, its faculty, and students. The foundation's role is instrumental in ensuring the continuous growth and success of LSUS.
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Impact
July, 2024
LSU in Shreveport Foundation Inc's impact is focused on promoting the education and cultural welfare of Louisiana State University in Shreveport (LSUS). The foundation collects funds and allocates them for scholarships, research, and other benefits for LSUS as directed by donors. Its activities include managing gifts, grants, and endowments to support the university's faculty and students. By fostering private support for LSUS programs and areas of study, the foundation plays a significant role in advancing education and economic development in Northeast Louisiana. Its overarching mission is to enhance the growth and success of LSUS through philanthropic contributions and support.
This information is meant to be a general summary of Lsu In Shreveport 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 2022.
- Investment Income: $938,614
- Gross Receipts: $2,098,535
Assets and Liabilities:
- Total Assets: $29,097,303
- Total Liabilities: $8,069,560
- Net Assets: $21,027,743
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Organization Details
Founding Year
1983
Phone
(318) 797-5278Principal Officer
Carey Sullivan
Main Address
ONE UNIVERSITY PLACE, SHREVEPORT, LA, 71115
Website
www/lsus.edu/foundationNTEE Category
Code: B110 - Education
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