Overview
What is Southeastern Louisiana University Foundation?
The Southeastern Louisiana University Foundation is a 501(c)(3) nonprofit organization whose primary mission is to strengthen Southeastern Louisiana University by securing, managing, and stewarding private donations. These contributions aid in expanding the university's influence and reach, ensuring a Southeastern education is accessible to numerous students. The foundation supports various programs, such as scholarships, assistantships, awards, and departmental initiatives, thereby empowering faculty, staff, and students to drive industry advancement, contribute to the local economy, and foster societal improvements with global impact.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Stars)
The Southeastern Louisiana University Foundation has received a Three-Star rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. With an overall score of 84%, the foundation demonstrates strong financial practices, particularly in areas related to independent board governance and the absence of material diversion of assets.
Strengths of the organization include a fully independent board of directors and excellent scores in financial ratios, such as a program expense ratio of 81.66% and a fundraising efficiency ratio of $0.12. These metrics highlight the foundation's commitment to effectively managing funds and supporting its mission, reflecting a responsible allocation of resources towards its programs.
However, while the foundation excels in accountability and financial management, there are no specific mentions of its program outcomes or community impact in the available data. This absence of information may limit a comprehensive understanding of how effectively the organization fulfills its mission beyond financial metrics.
This AI summary has been generated from information found on Charity Navigator.
Is Southeastern Louisiana University Foundation legitimate?
Southeastern Louisiana University Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southeastern Louisiana University 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: $350,085
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What is the mission statement of Southeastern Louisiana University Foundation?
The Southeastern Louisiana University Foundation, as a 501(c)(3) organization, is dedicated to securing, managing, and stewarding private gifts in support of Southeastern Louisiana University. This mission aims to extend the university's impact beyond its region and make a Southeastern education accessible to a large number of students. Furthermore, private support facilitated by the foundation allows faculty, staff, and students to contribute to the local economy, advance industries, and generate societal advances that can impact the world at large.
Who is the CEO of Southeastern Louisiana University Foundation?
Barry Landry is the Treasurer of Southeastern Louisiana University Foundation.
What is the revenue of Southeastern Louisiana University Foundation?
Southeastern Louisiana University Foundation's revenue in 2023 was $6,064,302.
Who are the executives of Southeastern Louisiana University Foundation and what are their salaries?
Here are 22 key members and their salaries:
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Where can I find the form 990 for Southeastern Louisiana University Foundation?
Southeastern Louisiana University Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Southeastern Louisiana University Foundation
The Southeastern Louisiana University Foundation, as a 501(c)(3) corporation, is tasked with a significant mission. Its primary objective is to procure, manage, and oversee private donations intended to bolster Southeastern Louisiana University. These contributions extend the University's influence both locally and globally, making a Southeastern education more accessible to a larger number of students. The Foundation also facilitates opportunities for faculty, staff, and students to advance industries, stimulate the regional economy, and create societal advancements that can impact the world at large. By doing so, the Southeastern Louisiana University Foundation amplifies the University's impact, broadening its reach and fostering a positive societal impact.
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Impact
July, 2024
The Southeastern Louisiana University Foundation's impact is significant in supporting Southeastern Louisiana University by securing, managing, and stewarding private gifts. These contributions increase the university's impact and extend its reach within and beyond the region. Private support helps make a Southeastern education accessible to more students, allowing faculty, staff, and students to advance industry, contribute to the region's economy, and create societal advances with a global effect. Through programs like scholarships, assistantships, awards, and various departmental initiatives, the Foundation plays a crucial role in enhancing the university's educational offerings and influence.
This information is meant to be a general summary of Southeastern Louisiana University 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 2023.
- Investment Income: $2,798,229
- Gross Receipts: $6,079,921
Assets and Liabilities:
- Total Assets: $80,958,231
- Total Liabilities: $26,187,056
- Net Assets: $54,771,175
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Organization Details
Founding Year
1963
Phone
(985) 549-5223Principal Officer
Barry Landry
Main Address
SLU 10703, HAMMOND, LA, 70402
NTEE Category
Code: B43I - Education
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