2023-01-13T07:57:22-08:00 2022-08-31 741694817 Wathen DeShong & Juncker LLP 4140 Gladys Avenue Suite 101 Beaumont TX 77706 990 2021-09-01 237298265 Lamar University Foundation Inc LAMA 4098802117 P O Box 11500 Beaumont TX 77710 Juan J Zabala CEO 2023-01-13 true Juan J Zabala 999009999 Pat O'Neill P00064438 4098381605 2 AAL1 IAL1 FAL1 2021 2023-03-07 01:45:13Z Juan J Zabala P O Box 11500 Beaumont TX 77710 22111331 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. 29 29 0 29 0 4978961 4243447 0 5192911 3368743 582028 1577159 10753900 9189349 2575742 2387073 0 0 0 285100 3306387 3105270 5882129 5492343 4871771 3697006 128618821 120036714 1201475 1564459 127417346 118472255 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 2377963 2377963 Scholarships provided to Lamar University students as specified by donor restrictions 1431972 Other support provided to Lamar University programs as specified by donor restrictions 684699 9110 Support provided to Lamar University faculty as specified by donor restrictions 110326 4604960 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 6 0 true 0 false false false false false true true false 0 false false false false false false false X 29 29 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 168102 32860 Karen Nichols COO 34.00 0.00 X 0 67045 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 Trustee 1.00 0.00 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 Bill Scott Trustee 1.00 0.00 X 0 0 0 Don Shaver Chairman 3.00 0.00 X X 0 0 0 Michele Smith Trste/Com Chair 3.00 0.00 X X 0 0 0 Henry Strait Trustee 1.00 0.00 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 Joe Williams Trustee 1.00 0.00 X 0 0 0 Herman Wilson Jr Trustee 1.00 0.00 X 0 0 0 235147 40358 0 false true false 0 4243447 351597 4243447 0 -129650 -129650 0 752567 752567 0 16420375 12921982 3498393 3498393 3498393 0 0 0 Change in value of life insurance 900099 -6752 -6752 Change in value of oil & gas 900099 683788 683788 Miscellaneous 900099 147556 147556 824592 9189349 4945902 0 2387073 2387073 0 0 0 0 0 0 0 0 0 390 390 16625 16625 0 0 263216 263216 118755 118755 0 11561 11283 278 0 0 0 4229 4229 0 503563 348183 33528 121852 0 0 4283 4283 19547 19547 Personnel 783348 580637 186874 15837 General operational support 759771 759771 Equipment & supplies 188691 144546 35072 9073 All other expenses 134447 3703 9879 120865 296844 262292 21586 12966 5492343 4604960 602283 285100 773164 1383485 0 0 0 0 0 0 0 0 1261760 30348 550525 1231412 113081894 94799777 13169776 21585330 0 0 1043462 1036710 128618821 120036714 1201475 1564459 1201475 1564459 X 3416728 3712902 124000618 114759353 127417346 118472255 128618821 120036714 3697006 -12642097 X false true X true false X 4891630 6923348 4766032 5329070 4243447 26153527 0 0 4891630 6923348 4766032 5329070 4243447 26153527 4184769 21968758 1862831 2194232 1048752 3357 -131092 4978080 0 0 31131607 0.70570 0.69650 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 126251670 5825732 9376912 4849069 1467146 135138099 103745803 6693787 22516562 5222761 1481721 126251670 93784514 5037588 12822322 6745472 1153150 103745802 88012715 7223479 3900142 4028442 1323380 93784514 81106970 5578810 8498090 5862451 1308704 88012715 0.02040 0.89710 0.08250 false false false 1223400 1223400 38360 30348 8012 1231412 21585330 Funds held under agency agreement 1564459 1564459 -3715964 -12642097 -12642097 8926133 263216 263216 9189349 5229127 5229127 263216 263216 5492343 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 1243376 0 Other Lamar University P O Box 10009 Beaumont TX 77710 746000298 638343 0 Faculty support Lamar University P O Box 10009 Beaumont TX 77710 746000298 92902 0 Facility & equipment Lamar University P O Box 10009 Beaumont TX 77710 746000298 99846 0 Students & Student organizations 0 4 Scholarships 855 2387073 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 168102 15902 16958 200962 X 15 347900 Market quotes X Computer equipment 1 3697 Manufacturer pricing false true false Form 990, Part III, Line 4d: Other Program Services Description OTHER PROGRAM SERVICES 4: Other support provided to Lamar University programs as specified by donor restrictions Form 990, Part VI, Line 11b: Form 990 Review Process 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, Line 19: Other Organization Documents Publicly Available No documents available to the public.