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Nonprofiteer
← L S U FOUNDATION

Form 990 for tax year 2024

Filed by L S U FOUNDATION.

Totals

Total revenue
$121,135,454
Total expenses
$70,419,739
Contributions and grants received
$82,941,688
Grants paid
$39,511,139
Program services expenses (Part IX)
$55,947,541
Management and general expenses
$6,409,852
Fundraising expenses
$8,062,346
Program service expenses (Part III)
$55,947,541

Program services were 79.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • ANIL PUNYAPU

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • ART FARVE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • BEAU FOURNET

    CHAIR-ELECT TO 12/31/24; CHAIR 1/1/25

    Total calculated
    $0
    Hours/week
    1.5 + 0.05 related
  • BRADIE JAMES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • CHRISTEL SLAUGHTER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • CLARENCE CAZALOT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • D MARTIN PHILLIPS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • DEBORAH GRANT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5
  • DR GEORGE E ROBINSON III

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5
  • DR MARY T NEAL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5
  • ELIZABETH RONN

    TREASURER TO 12/31/24; CHAIR-ELECT 1/1/25

    Total calculated
    $0
    Hours/week
    1.5 + 0.05 related
  • FRANK W BILLY HARRISON III

    PAST CHAIR TO 12/31/24

    Total calculated
    $0
    Hours/week
    1.5 + 0.05 related
  • JAMES MAURIN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • JOHN ENGQUIST

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • JYRIC SIMS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • KLEIN KIRBY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • LAURA DAUZAT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • LEONARD LEMOINE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • LORI GARRISON

    CORPORATE SECRETARY

    Total calculated
    $0
    Hours/week
    1.5 + 0.05 related
  • MARK ANDERSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • MARK RICHARD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • MARK SUTTON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • MATTHEW LEE

    EX OFFICIO DIRECTOR (BEGIN 6/1/25)

    Total calculated
    $0
    Hours/week
    1.5 + 0.5 related
  • MIKE WAMPOLD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • RENE JOYCE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • RHOMAN HARDY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • RIP REEVES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • ROBERT REEVES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • ROGER JENKINS

    DIRECTOR; CHAIR TO 12/31/24)

    Total calculated
    $0
    Hours/week
    3 + 1.05 related
  • ROGER OGDEN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • ROY MARTIN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • SARAH BORDERS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • SUZETTE KENT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5
  • THOMAS J ADAMEK

    DIRECTOR; TREASURER (BEGIN 1/1/25)

    Total calculated
    $0
    Hours/week
    1.5 + 0.05 related
  • VALENCIA SARPY JONES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • WILLIAM TATE

    EX OFFICIO DIRECTOR TO 5/31/25

    Total calculated
    $0
    Hours/week
    1.5 + 0.5 related
  • KATE SPIKES

    CHIEF FINANCIAL OFFICER

    Total calculated
    $521,838
    From this org
    $260,919
    From related orgs
    $0
    Other
    $260,919
    Hours/week
    40 + 6 related

    Schedule J breakdown matched by us

    Base
    $259,719
    Bonus
    $0
    Other
    $1,200
    Deferred
    $16,195
    Nontaxable benefits
    $20,458
    Filer's total
    $297,572
  • LEU ANNE GRECO

    VP & GENERAL COUNSEL

    Total calculated
    $412,662
    From this org
    $206,331
    From related orgs
    $0
    Other
    $206,331
    Hours/week
    35 + 11 related

    Schedule J breakdown matched by us

    Base
    $205,131
    Bonus
    $0
    Other
    $1,200
    Deferred
    $12,740
    Nontaxable benefits
    $6,026
    Filer's total
    $225,097
  • ROBERT M STUART JR

    PRESIDENT & CEO

    Total calculated
    $846,146
    From this org
    $423,073
    From related orgs
    $0
    Other
    $423,073
    Hours/week
    35 + 11 related

    Schedule J breakdown matched by us

    Base
    $420,673
    Bonus
    $0
    Other
    $2,400
    Deferred
    $20,700
    Nontaxable benefits
    $1,477
    Filer's total
    $445,250
  • KRISTA ALLEN RANEY

    EVP OF DEVELOPMENT

    Total calculated
    $576,052
    From this org
    $288,026
    From related orgs
    $0
    Other
    $288,026
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $286,826
    Bonus
    $0
    Other
    $1,200
    Deferred
    $17,981
    Nontaxable benefits
    $20,356
    Filer's total
    $326,363
  • SONJA YVETTE MARSH

    ASSISTANT VP OF TALENT MGMT

    Total calculated
    $377,026
    From this org
    $188,513
    From related orgs
    $0
    Other
    $188,513
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $187,313
    Bonus
    $0
    Other
    $1,200
    Deferred
    $11,311
    Nontaxable benefits
    $1,376
    Filer's total
    $201,200
  • JORDAN JOPLING

    SENIOR DIRECTOR OF DEVELOP

    Total calculated
    $312,590
    From this org
    $156,295
    From related orgs
    $0
    Other
    $156,295
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $156,295
    Bonus
    $0
    Other
    $0
    Deferred
    $10,125
    Nontaxable benefits
    $20,356
    Filer's total
    $186,776
  • LINDSEY ROMANOWSKY

    SENIOR DIRECTOR OF DEVELOP

    Total calculated
    $309,998
    From this org
    $154,999
    From related orgs
    $0
    Other
    $154,999
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $154,999
    Bonus
    $0
    Other
    $0
    Deferred
    $9,610
    Nontaxable benefits
    $14,695
    Filer's total
    $179,304
  • MICHAEL MCCARTY

    DIRECTOR OF ITS

    Total calculated
    $314,936
    From this org
    $157,468
    From related orgs
    $0
    Other
    $157,468
    Hours/week
    40 + 0.05 related

    Schedule J breakdown matched by us

    Base
    $148,768
    Bonus
    $7,500
    Other
    $1,200
    Deferred
    $9,715
    Nontaxable benefits
    $6,024
    Filer's total
    $173,207
  • SARA WHITTAKER

    AVP COMMUNICATIONS & MARKET

    Total calculated
    $354,504
    From this org
    $177,252
    From related orgs
    $0
    Other
    $177,252
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $176,052
    Bonus
    $0
    Other
    $1,200
    Deferred
    $11,529
    Nontaxable benefits
    $20,356
    Filer's total
    $209,137
  • TRACY EVANS

    EXECUTIVE DIR OF DEVELOPMENT

    Total calculated
    $355,046
    From this org
    $177,523
    From related orgs
    $0
    Other
    $177,523
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $177,523
    Bonus
    $0
    Other
    $0
    Deferred
    $10,656
    Nontaxable benefits
    $1,376
    Filer's total
    $189,555

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · Travel for companions
  • 1a · Housing allowance or residence for personal use
  • 1a · Health or social club dues or initiation fees
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 1A
THE UNIVERSITY PRESIDENT MAINTAINS TWO LOCAL SOCIAL CLUB MEMBERSHIPS AS PART OF HIS EMPLOYMENT CONTRACT WITH THE UNIVERSITY. THE UNIVERSITY PRESIDENT OCCASIONALLY INCLUDED HIS SPOUSE ON STRATEGIC VISITS WITH DONORS AND LEADING PEER INSTITUTIONS FOR THE PURPOSES OF ADVANCING LSU'S ACADEMIC PRIORITIES, ESPECIALLY AS IT RELATED TO SECURING TRANSFORMATIVE PHILANTHROPIC DOLLARS FOR THESE PRIORITIES. LSU FOUNDATION LEASES A RESIDENCE TO THE UNIVERSITY FOR USE BY THE LSU PRESIDENT FOR RESIDENTIAL AND UNIVERSITY BUSINESS PURPOSES.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

  • UNIVERSITY ACADEMIC AND RESEARCH SUPPORT, INCLUDING SCHOLARSHIPS, GRADUATE FELLOWSHIPS AND FACULTY CHAIRS AND PROFESSORSHIPS.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
29 April 2026
IRS schema version
2024v5.5
Source object
202621219349302152

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