University of Louisiana at Lafayette Foundation
University of Louisiana at Lafayette Foundation
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About this organization
Mission
The foundation provides philanthropic support services to enhance fundraising, asset management and stewardship functions, aiding the University of Louisiana at Lafayette in furthering its mission.
About
Academic support: The UL Lafayette Foundation supports the academic programs for the University of Louisiana at Lafayette by soliciting private donations, investing, and distributing expendable funds in the form of scholarships, chairs, professorships, honorariums, faculty development, capital projects and research subsidies. A portion of such distributions are Louisiana Board of Regents support fund (BORSF) matching gift funds. During the year, the foundation provided scholarship funds for over 1,195 students. It provided 268 eminent scholar/distinguished professor awards, and research fellowships, funding salary subsidies, educational travel and professional enrichment. The organization awarded more than 145 honorariums in recognition of academic excellence throughout the fiscal year. The foundation also provided financial support for faculty development and classroom resources.
Interesting data from their 2020 990 filing
The non-profit's aim, as indicated in the filing, is “The foundation provides philanthropic support services to assist the university of louisiana at lafayette in furthering its mission of achieving excellence in undergraduate and graduate education, research, and public service.”.
When referring to its functions, they were specified as: “The foundation provides philanthropic support services to enhance fundraising, asset management and stewardship functions, aiding the university of louisiana at lafayette in furthering its mission.”.
- The non-profit has reported their operating state as LA, as required by law.
- As stated in the filing, the non-profit's address in 2020 was POST OFFICE DRAWER 44290 ULL, LAFAYETTE, LA, 70504.
- The non-profit's form reports a total of 23 employees as of 2020.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $5,835,170.
- The organization has 25 independent voting members.
- The organization was formed in 1957.
- The organization pays $812,002 in salary, compensation, and benefits to its employees.
- The organization pays $620,372 in fundraising expenses.