Overview
What is L S U Property Foundation?
LSU Property Foundation is a nonprofit organization situated in Baton Rouge, Louisiana, specifically at 3796 Nicholson Drive. The primary objective of this organization is to encourage private financial support for Louisiana State University (LSU) and the LSU Agricultural Center. They achieve this goal by accepting gifts of real estate and equipment. One of their significant initiatives involves operating student-centric retail for the Nicholson Gateway Project, which provides housing for upper-class graduate students. The foundation's mission also includes facilitating projects on behalf of LSU and the agricultural center, thereby contributing to their overall growth and development.
Official website here: www.lsufoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star Rating)
The L S U Property Foundation has achieved an impressive 97% rating from Charity Navigator, reflecting strong performance in accountability and financial management. The foundation boasts a fully independent board with eight members, underscoring its commitment to governance and oversight. Additionally, it has received full marks for financial audits, conflict of interest policies, and overall transparency in its operations.
Strengths noted in the evaluation include an excellent program expense ratio of 90.74%, indicating that a significant portion of its funding goes directly to its programs. The organization also demonstrates strong fundraising efficiency, with only $0.09 spent to raise each dollar, which suggests effective resource management. Furthermore, the foundation maintains a healthy liabilities to assets ratio, ensuring financial stability.
While the ratings are overwhelmingly positive, no specific limitations or areas for improvement were mentioned in the feedback. Overall, the L S U Property Foundation appears to be a well-managed nonprofit that prioritizes transparency and programmatic impact.
This AI summary has been generated from information found on Charity Navigator.
Is L S U Property Foundation legitimate?
L S U Property Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. L S U Property 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.lsufoundation.org
What is the mission statement of L S U Property Foundation?
The LSU Property Foundation's mission is to promote private financial support for Louisiana State University (LSU) and the LSU Agricultural Center. This is primarily achieved through the acceptance of gifts of real estate and moveable property. Additionally, the foundation facilitates projects on behalf of LSU and the LSU Agricultural Center. In operational terms, the foundation is involved in managing student-centric retail for the Nicholson Gateway Project, which provides housing for upper-class graduate students. The LSU Property Foundation's role is instrumental in supporting the educational and developmental needs of LSU and the LSU Agricultural Center.
Official website here: www.lsufoundation.org
Who is the CEO of L S U Property Foundation?
Robert M Stuart Jr is the President & Ceo of L S U Property Foundation. The CEO's salary of L S U Property Foundation is $0 and their total compensation is $379,387.
Official website here: www.lsufoundation.org
What is the revenue of L S U Property Foundation?
L S U Property Foundation's revenue in 2022 was $5,520,184.
Official website here: www.lsufoundation.org
Who are the executives of L S U Property Foundation and what are their salaries?
Here are 8 key members and their salaries (L S U Property Foundation's CEO's salary is $0 and their total compensation is $379,387):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $361,218
- Other: $18,169
- Compensation: $0
- Related: $210,555
- Other: $28,846
- Compensation: $0
- Related: $180,025
- Other: $16,991
Official website here: www.lsufoundation.org
Where can I find the form 990 for L S U Property Foundation?
L S U Property Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lsufoundation.org
Learn more at the official website: www.lsufoundation.org
Mission Statement of L S U Property Foundation
The LSU Property Foundation is dedicated to fostering private financial support for Louisiana State University (LSU) and the LSU Agricultural Center. This is achieved through the acceptance of gifts of real estate and moveable property. In addition to this, the foundation facilitates projects on behalf of LSU and the LSU Agricultural Center. The mission of the LSU Property Foundation is to serve as a catalyst for financial growth, utilizing the power of property donations to enhance the capabilities and resources of these esteemed institutions.
Beyond its role in raising funds, the LSU Property Foundation also contributes to student life through the operation of student-centric retail for the Nicholson Gateway Project. This project provides housing for upper-class graduate students, thereby enriching their academic experience and fostering a sense of community within the student body. By providing a platform for private donations and supporting student life, the LSU Property Foundation plays a crucial role in supporting the growth and development of LSU and the LSU Agricultural Center.
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Impact
July, 2024
The L S U Property Foundation plays a significant role in fostering private financial support for Louisiana State University (LSU) and the LSU Agricultural Center. By facilitating gifts of real estate and equipment, the foundation contributes to the development and enhancement of these institutions. In addition, through projects like the operation of student-centric retail for the Nicholson Gateway project in Baton Rouge, the foundation is actively involved in providing housing for upper-class graduate students. Overall, the impact of the L S U Property Foundation is felt through its philanthropic efforts to support education and growth within LSU and the LSU Agricultural Center.
This information is meant to be a general summary of L S U Property 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: $1,093
- Gross Receipts: $5,520,184
Assets and Liabilities:
- Total Assets: $13,863,761
- Total Liabilities: $3,346,888
- Net Assets: $10,516,873
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Organization Details
Founding Year
1995
Phone
(225) 578-3811Principal Officer
Robert M Stuart Jr
Main Address
3796 NICHOLSON DRIVE, BATON ROUGE, LA, 70802
Website
www.lsufoundation.orgNTEE Category
Code: T50 - Philanthropy
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