LSU Real Estate and Facilities Foundation
LSU Real Estate and Facilities Foundation reported $20.4 million in revenue and $4.7 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $95.01 went to program services, $4.99 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 92.9% of the total. The highest compensation it reported for one person was $445,250 (PRESIDENT & CEO). Revenue rose 264% 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 $4.7MFor 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 $20MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 95.0% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 5.0% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 92.9% | 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 | $445,250 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 9.43% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 0 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 127.5 | 13.3 |
| Independent voting board members Part VI 1a–1b | 8 of 8 | 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 expenseDonation of the huey p. Long fieldhouse renovations, and the champion's corner construction project at the university laboratory school to the university and a portion of the ground lease rent payment paid by charity hospital redevelopment llc to lsu health science center new orleans related to the redevelopment project
Operating expenses incurred by pilots pointe, llc for the operation of student housing next to lsu's shreveport campus
Non-operating expenses, such as payments to affiliates, depreciation and interest expenses, incurred by bengal village, llc and pilots pointe related to the student housing on lsu's eunice & shreveport campuses
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, 10.00 hrs/week | $0 | $423,073 | $22,177 | $445,250 |
| TREASURER Officer, 5.00 hrs/week | $0 | $260,919 | $36,653 | $297,572 |
| SECRETARY Officer, 10.00 hrs/week | $0 | $206,331 | $18,766 | $225,097 |
0 people received more than $100,000 in reportable compensation from LSU Real Estate and Facilities Foundation (Part VII, line 2).
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–1b8 · 8 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 15aNo
- 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 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 50
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| SEVENSON ENVIRONMENTAL SERVICES INC Construction - university lakes | $15,458,674 |
| KELLY CONSTRUCTION GROUP LLC Construction - champions corner | $1,382,545 |
| SASAKI ASSOCIATES INC Design services - university lakes | $697,303 |
| MAGINNIS CONSTRUCTION COMPANY LLC Renovations - choppin hall lab | $648,586 |
| B&D CSRS LLC Project management - university lakes | $386,319 |
Individuals listed as contractors are left out.
Correct a figure or respond
Every number above is copied from LSU Real Estate and Facilities 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 Real Estate and Facilities Foundation, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 LSU Real Estate and Facilities Foundation spent in FY2025, $95.01 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- New AcademyLos Angeles, CA · revenue $20M · programs 88.7% · FY2025
- Blackburn UniversityCarlinville, IL · revenue $20M · programs 79.3% · FY2025
- Associated Students of California State University ChicoChico, CA · revenue $20M · programs 88.2% · FY2025
- Legacy College Preparatory Charter SchoolBronx, NY · revenue $20M · programs 95.2% · FY2025
- Worcester City Campus Corporation GroupWestborough, MA · revenue $20M · programs 99.9% · FY2025
Questions people ask
How much of LSU Real Estate and Facilities Foundation's spending goes to programs?
In the fiscal year ending June 30, 2025, LSU Real Estate and Facilities Foundation reported that 95.0% of its $4.7 million in expenses went to program services, 5.0% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does LSU Real Estate and Facilities Foundation pay its top executive?
The largest total compensation LSU Real Estate and Facilities Foundation reported for one person in the fiscal year ending June 30, 2025 was $445,250, for the role of PRESIDENT & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does LSU Real Estate and Facilities Foundation get its money?
Of $20.4 million in revenue in the fiscal year ending June 30, 2025, 92.9% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).
Is LSU Real Estate and Facilities Foundation a registered charity?
The IRS lists EIN 81-2900408 as a 501(c)(3) organization (supporting organization, type i), 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 202631219349301798 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202531349349308458 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202401359349304705 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202321359349308592 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202221369349306567 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202141319349304219 · read the filing
All filings for EIN 81-2900408: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.