Form 990 for tax year 2024
Filed by UNIVERSITY OF LOUISIANA SYSTEM FOUNDATION.
Totals
- Total revenue
- $642,076
- Total expenses
- $545,379
- Contributions and grants received
- $637,633
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $4,443
- Other revenue
- $0
- Total assets, end of year
- $280,589
- Total liabilities, end of year
- $31,113
- Net assets or fund balances, end of year
- $249,476
- Program services expenses (Part IX)
- $203,324
- Management and general expenses
- $342,055
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $203,324
Program services were 37.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$637,633
-
3 · Investment income
total $4,443 · unrelated business $0 · excluded $4,443
Functional expenses
Part IX, the statement of functional expenses.
-
11c · Fees: accounting
total $2,541 · program services $0 · management and general $2,541 · fundraising $0
-
11g · Fees: other
total $76,000 · program services $4,000 · management and general $72,000 · fundraising $0
-
17 · Travel
total $1,150 · program services $0 · management and general $1,150 · fundraising $0
-
19 · Conferences, conventions and meetings
total $226,806 · program services $18,486 · management and general $208,320 · fundraising $0
-
23 · Insurance
total $4,993 · program services $0 · management and general $4,993 · fundraising $0
-
24a · Other expenses: Student travel
total $174,694 · program services $174,694 · management and general $0 · fundraising $0
-
24b · Other expenses: Tickets
total $11,200 · program services $3,325 · management and general $7,875 · fundraising $0
-
24c · Other expenses: Printing
total $980 · program services $0 · management and general $980 · fundraising $0
-
24d · Other expenses: Other
total $9,903 · program services $0 · management and general $9,903 · fundraising $0
-
24e · All other expenses
total $37,112 · program services $2,819 · management and general $34,293 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $125,899 · end of year $166,926
-
2 · Savings and temporary cash investments
beginning of year $80,818
-
9 · Prepaid expenses and deferred charges
end of year $3,309
-
12 · Investments: other securities
end of year $110,354
-
17 · Accounts payable and accrued expenses
beginning of year $38,608 · end of year $31,113
-
27 · Net assets without donor restrictions
beginning of year $118,568 · end of year $125,063
-
28 · Net assets with donor restrictions
beginning of year $49,541 · end of year $124,413
Mission and programs · 2024
Mission
Promote educational and cultural welfare of the University of Louisiana System and its universities, to develop, expand, and improve the Systems facilities so as to provide broader education advantages and opportunities for Louisiana citizens, to aid any students in continuing their studies with the System, to aid and facilitate any System research in the object and purposes of the System, and to interpret the aims, objectives, and needs of the System to the public.
Activities or mission (Part I)
Promote educational and cultural welfare of the University of Louisiana System and its universities aiding students in continuing their studies.
-
Student travel
Expenses $174,694
-
Conference and special events
Expenses $18,486
-
Professional services
Expenses $4,000
-
Special meals and other
Expenses $6,144
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Edward Crawford III
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Alejandro Perkins
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Michael Woods
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Chris Andrews
Chair
- Total calculated
- $0
- Hours/week
- 1
-
Mark Romero
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Jacquelyn Schulz Craddock
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Tonia Moore PhD
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Richard Gallot
President & CEO
- Total calculated
- $0
- Hours/week
- 1
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, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 21 April 2026
- IRS schema version
- 2024v5.2
- Source object
- 202611119349301726
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