LSU Foundation
LSU Foundation reported $121.1 million in revenue and $70.4 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $79.45 went to program services, $9.10 to management and general costs and $11.45 to fundraising. Its largest source of revenue was contributions and grants: 68.5% of the total. The highest compensation it reported for one person was $846,146 (PRESIDENT & CEO). 23 people received more than $100,000 in reportable compensation. Revenue rose 87% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $70MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $121MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 79.4% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 9.1% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 11.4% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.10 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 68.5% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $846,146 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.20% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 23 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 145.3 | 13.3 |
| Independent voting board members Part VI 1a–1b | 32 of 32 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseAcademic and research activities: operational support expenses to supplement state funding and aid the academic colleges of the university as well as the agricultural center in accomplishing lsu's mission
Scholarships and fellowships - financial support to undergraduate and graduate students through approximately 2,278 available scholarships and fellowships
Chairs and professorships: expenses to directly support the scholarly activities of over 920 specifically designated chairs and professorships available to lsu's distinguished faculty
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT & CEO Officer, 35.00 hrs/week | $423,073 | $0 | $423,073 | $846,146 |
| EVP OF DEVELOPMENT Key employee, 40.00 hrs/week | $288,026 | $0 | $288,026 | $576,052 |
| CHIEF FINANCIAL OFFICER Officer, 40.00 hrs/week | $260,919 | $0 | $260,919 | $521,838 |
| VP & GENERAL COUNSEL Officer, 35.00 hrs/week | $206,331 | $0 | $206,331 | $412,662 |
| ASSISTANT VP OF TALENT MGMT Key employee, 40.00 hrs/week | $188,513 | $0 | $188,513 | $377,026 |
| EXECUTIVE DIR OF DEVELOPMENT Highest compensated employee, 40.00 hrs/week | $177,523 | $0 | $177,523 | $355,046 |
| AVP COMMUNICATIONS & MARKET Highest compensated employee, 40.00 hrs/week | $177,252 | $0 | $177,252 | $354,504 |
| DIRECTOR OF ITS Highest compensated employee, 40.00 hrs/week | $157,468 | $0 | $157,468 | $314,936 |
23 people received more than $100,000 in reportable compensation from LSU Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.6M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b32 · 32 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18Yes
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 5123
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| LSU ENERGY CONCESSIONAIRE Infrastructure improvements on science b | $9,779,570 |
| HURON CONSULTING SERVICES LLC Advisory services | $1,423,439 |
| MAGINNIS CONSTRUCTION COMPANY LLC Renovations of lsu university house | $751,047 |
| ADAMS & REESE LLP Consulting services | $573,333 |
| DRAKES CATERING Catertng services for various events | $447,788 |
Individuals listed as contractors are left out. 12 contractors were paid more than $100,000 in all.
Private foundation grants it received
38 private foundations reported grants to LSU Foundation totaling $2.5M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from LSU Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for LSU Foundation, you can publish a response that is linked from this page.
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Of every $100 LSU Foundation spent in FY2025, $79.45 went to programs. The full breakdown, from its IRS Form 990:
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Questions people ask
How much of LSU Foundation's spending goes to programs?
In the fiscal year ending June 30, 2025, LSU Foundation reported that 79.4% of its $70.4 million in expenses went to program services, 9.1% to management and general and 11.4% to fundraising (Form 990, Part IX).
How much does LSU Foundation pay its top executive?
The largest total compensation LSU Foundation reported for one person in the fiscal year ending June 30, 2025 was $846,146, for the role of PRESIDENT & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does LSU Foundation get its money?
Of $121.1 million in revenue in the fiscal year ending June 30, 2025, 68.5% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).
Is LSU Foundation a registered charity?
The IRS lists EIN 72-6020969 as a 501(c)(3) organization (organization operated for a governmental college or university), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202621219349302152 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202501339349308385 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202431359349304578 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202331359349308593 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202241369349305649 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202111379349304771 · read the filing
All filings for EIN 72-6020969: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.