2024-03-05T09:08:16-08:00 2023-08-31 741694817 Wathen DeShong & Juncker LLP 4140 Gladys Avenue Suite 101 Beaumont TX 77706 990 2022-09-01 237298265 Lamar University Foundation Inc LAMA 4098802117 P O Box 11500 Beaumont TX 77710 Juan J Zabala CEO 2023-03-04 true Juan J Zabala 999009999 true Pat O'Neill P00064438 4098381605 2 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z Juan J Zabala P O Box 11500 Beaumont TX 77710 28072996 false X lamar.edu/advancement/foundation/index.html X 1972 TX The Foundation supports the development and promotion of Lamar University, its students, faculty and staff. The Lamar University Foundation supports and enhances Lamar University by encouraging the commitment of personal and financial resources to further the education of Lamar University students. The Foundation promotes the stewardship of donors to enhance the quality of services provided by the University to student, faculty, alumni and friends. The Lamar University Foundation manages the investments, serves as trustee of the endowment funds and other private assets contributed for the benefit of Lamar University. 25 25 0 25 0 4243447 4598080 0 3368743 3921735 1577159 689764 9189349 9209579 2387073 2419602 0 0 0 376011 3105270 3209374 5492343 5628976 3697006 3580603 120036714 128290438 1564459 1548480 118472255 126741958 X The Foundation supports the development and promotion of Lamar University, its students, faculty and staff. The Lamar University Foundation supports and enhances Lamar University by encouraging the commitment of personal and financial resources to further the education of Lamar University students. The Foundation promotes the stewardship of donors to enhance the quality of services provided by the University to student, faculty, alumni and friends. The Lamar University Foundation manages the investments, serves as trustee of the endowment funds and other private assets contributed for the benefit of Lamar University. false false 2413032 2413032 Scholarships provided to Lamar University students as specified by donor restrictions 894423 6570 Support provided to Lamar University faculty as specified by donor restrictions 884270 Other support provided to Lamar University programs as specified by donor restrictions 455613 4647338 true true false false false false false false false true true true false false true false true false false false false false false false false false false true true true false false false false false false false false true false false false false false false false false true 10 0 true 0 false false false false false true true false 0 false false false false false false false X 25 25 false false false false false false false true true false false true true true true true true true true false Juan J Zabala 4098802117 P O Box 11500 Beaumont TX 77710 X Juan J Zabala CEO 6.00 0.00 X 0 173986 33432 Karen Nichols COO 34.00 0.00 X 0 69771 7498 J Mark Smith Trustee 1.00 0.00 X 0 0 0 Elaine Henry Trustee 1.00 0.00 X 0 0 0 J Pat Parsons Trustee 1.00 0.00 X 0 0 0 Sandra F Clark Trste/Com Chair 3.00 0.00 X X 0 0 0 Michael L Burrow Trustee 1.00 0.00 X 0 0 0 Rena Clark Trste/Com Chair 1.00 0.00 X X 0 0 0 Jerry Dearing Trustee 1.00 0.00 X 0 0 0 Vernon Durden Trustee 1.00 0.00 X 0 0 0 Phillip E Fuller Trustee 1.00 0.00 X 0 0 0 Terry Garth Trste/Com Chair 3.00 0.00 X X 0 0 0 Ann Die Hasselmo Trustee 1.00 0.00 X 0 0 0 Gisela Houseman Secretary 3.00 0.00 X X 0 0 0 Mike Jenkins Trustee 1.00 0.00 X 0 0 0 Carmen Jordan Trustee 1.00 0.00 X 0 0 0 Clayton Lau Trustee 1.00 0.00 X 0 0 0 Catherine Long Trustee 1.00 0.00 X 0 0 0 Becky Mason Vice Chairman 3.00 0.00 X X 0 0 0 Larry Norwood Trste/Com Chair 3.00 0.00 X X 0 0 0 Ellen Rienstra Trustee 1.00 0.00 X 0 0 0 Michael Roebuck Sr Trustee 1.00 0.00 X 0 0 0 Lori Ryerkerk Trustee 1.00 0.00 X 0 0 0 Don Shaver Chairman 3.00 0.00 X X 0 0 0 Mike Turner Trustee 1.00 0.00 X 0 0 0 Joe Vernon Treasurer 3.00 0.00 X X 0 0 0 Herman Wilson Jr Trustee 1.00 0.00 X 0 0 0 243757 40930 0 false true false 0 4598080 263608 4598080 0 -19567 -19567 0 366973 366973 0 22804719 18863417 3941302 3941302 3941302 0 0 0 Change in value of life insurance 900099 -10577 -10577 Change in value of oil & gas 900099 218568 218568 Miscellaneous 900099 114800 114800 322791 9209579 4611499 0 2419602 2419602 0 0 0 0 0 0 0 0 0 5327 5327 16800 16800 0 0 196421 196421 145438 145438 0 10261 10026 235 0 0 0 156991 112821 27183 16987 0 240449 178944 20127 41378 0 0 4012 4012 13804 13804 Personnel 1205222 834562 253954 116706 General operational support 567342 558458 8884 All other expenses 260253 97690 3012 159551 Equipment & supplies 128806 91772 35486 1548 258248 208051 19475 30722 5628976 4647338 605627 376011 1383485 758546 0 0 0 0 0 400000 0 0 1479819 32306 1231412 1447513 94799777 99297712 21585330 25360534 0 0 1036710 1026133 120036714 128290438 1564459 1548480 1564459 1548480 X 3712902 3909653 114759353 122832305 118472255 126741958 120036714 128290438 3580603 4689100 X false true X true false X 6923348 4766032 5329070 4243447 4598080 25859977 0 0 6923348 4766032 5329070 4243447 4598080 25859977 6164368 19695609 2194232 1048752 3357 -131092 -19884 3095365 0 0 28955342 0.68020 0.70570 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 116385107 6484413 8737625 5174589 1374310 125058246 126251670 5825732 -9245820 4849069 1597406 116385107 103745803 6693787 22516562 5222761 1481721 126251670 93784514 5037588 12822322 6745472 1153150 103745802 88012715 7223479 3900142 4028442 1323380 93784514 0.02520 0.89670 0.07810 false false false 1441968 1441968 37851 32306 5545 1447513 25360534 Funds held under agency agreement 1548480 1548480 13702258 4689100 4689100 9013158 196421 196421 9209579 5432555 5432555 196421 196421 5628976 Part V, Line 4: Intended uses of the endowment fund. Earnings from the endowment funds support scholarships, faculty, and programs at Lamar University as specified by donor restrictions. true Lamar University P O Box 10009 Beaumont TX 77710 746000298 40216 0 Facility & equipment Lamar University P O Box 10009 Beaumont TX 77710 746000298 480679 0 Students & Student organizations Lamar University P O Box 10009 Beaumont TX 77710 746000298 619683 0 Other Lamar University P O Box 10009 Beaumont TX 77710 746000298 869261 0 Faculty support 0 4 Scholarships 785 2419602 Grantmaker's Description of How Grants are Used Pt I Line 2: Assistance is provided to Lamar University in accordance with restrictions and criteria established by various donors. All expenditures, including reimbursements to Lamar University, require supporting documentation and a statement from the requestor that the expenditure is in compliance with the donor restrictions prior to disbursement.Pt III, col (b): Scholarship recipients are selected by the University scholarship committee in accordance with criteria established by the donor. The Foundation monitors compliance with donor specified criteria by reviewing the qualifications of a random sample of recipients each year. false false false false false false false false false Juan J Zabala CEO 173986 16220 17212 207418 X 9 263508 Market quotes X Safe Dep. Box 1 100 Bank value false true false Form 990, Part III, Line 4d OTHER PROGRAM SERVICES 4: Other support provided to Lamar University programs as specified by donor restrictions Form 990, Part VI, Section B, Line 11b The Foundation's Form 990 is reviewed and approved by the Audit Committee for filing then submitted to the Executive Committee and Board of Trustees for review and ratification. Form 990, Part VI, Section C, Line 19 No documents available to the public.