2022-03-22T10:20:25-07:00 2021-08-31 741694817 Wathen DeShong & Juncker LLP 4140 Gladys Avenue Suite 101 Beaumont TX 77706 990 2020-09-01 237298265 Lamar University Foundation Inc LAMA 4098802117 P O Box 11500 Beaumont TX 77710 Juan J Zabala CEO 2022-03-22 true Juan J Zabala 999009999 Pat O'Neill P00064438 4098381605 0 AAL1 IAL1 FAL1 2020 2022-09-23 18:48:47Z Juan J Zabala P O Box 11500 Beaumont TX 77710 27636369 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. 31 31 0 31 0 4326319 4978961 0 7963724 5192911 376214 582028 12666257 10753900 2068608 2575742 0 0 0 127165 4313735 3306387 6382343 5882129 6283914 4871771 106218449 128618821 795074 1201475 105423375 127417346 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 2564492 2564492 Scholarships provided to Lamar University students as specified by donor restrictions 1333669 Other support provided to Lamar University programs as specified by donor restrictions 958290 11250 Support provided to Lamar University faculty as specified by donor restrictions 159707 5016158 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 5 0 true 0 false false false false false true true false 0 false false false false false false false X 31 31 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 167247 32616 Karen Nichols COO 34.00 0.00 X 0 71750 7498 J Mark Smith Chairman 3.00 0.00 X X 0 0 0 Elaine Henry Vice Chairman 3.00 0.00 X X 0 0 0 J Pat Parsons Treasurer 3.00 0.00 X X 0 0 0 Sandra F Clark Secretary 3.00 0.00 X X 0 0 0 Michael L Burrow Trustee 1.00 0.00 X 0 0 0 Nicholas Carter 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 0 0 0 Ann Die Hasselmo Trustee 1.00 0.00 X 0 0 0 Gisela Houseman Trustee 1.00 0.00 X 0 0 0 Mike Jenkins Trustee 1.00 0.00 X 0 0 0 Robert Jones 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 Trustee 1.00 0.00 X 0 0 0 Larry Norwood Trustee 1.00 0.00 X 0 0 0 Ellen Rienstra Trste/Com Chair 3.00 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 Trste/Com Chair 3.00 0.00 X 0 0 0 Michele Smith Trste/Com Chair 3.00 0.00 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 Trustee 1.00 0.00 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 238997 40114 0 false true false 0 4978961 1153616 4978961 0 3350 3350 0 267198 267198 0 22072030 16882469 5189561 5189561 5189561 0 0 0 Change in value of life insurance 900099 -2285 -2285 Change in value of oil & gas 900099 230898 230898 Miscellaneous 900099 86217 86217 314830 10753900 5774939 0 2575742 2575742 0 0 0 0 0 0 0 0 0 2880 2880 15825 15825 0 0 323439 323439 181978 181978 0 9326 8954 372 336483 326426 4542 5515 0 32850 32850 20674 18405 2269 0 167438 55268 27120 85050 0 0 3823 3823 26368 26368 Personnel 907968 618087 269884 19997 General operational support 443099 441545 1554 All other expenses 351532 320749 23121 7662 Equipment & supplies 249106 244360 4746 233598 233598 5882129 5016158 738806 127165 410167 773164 611486 0 0 0 0 0 0 0 0 576590 26065 576115 550525 97682403 113081894 5783791 13169776 0 0 1154487 1043462 106218449 128618821 795074 1201475 795074 1201475 X 3142585 3416728 102280790 124000618 105423375 127417346 106218449 128618821 4871771 17122200 X false true X true false X 5040803 4891630 6923348 4766032 5329070 26950883 0 0 5040803 4891630 6923348 4766032 5329070 26950883 3555958 23394925 1528302 1862831 2194232 1048752 3357 6637474 0 0 33588357 0.69650 0.68830 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 103745803 6693787 22516562 5222761 1481721 126251670 93784514 5037588 12822322 6745472 1153150 103745842 88012715 7223479 3900142 4028442 1323380 93784514 81106970 5578810 8498090 5862451 1308704 88012715 73445918 4770286 6944065 2885738 1167561 81106970 0.02090 0.89960 0.07950 false false false 539612 539612 36978 26065 10913 550525 13169776 Funds held under agency agreement 1201475 1201475 27552661 17122200 17122200 10430461 323439 323439 10753900 5558690 5558690 323439 323439 5882129 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 156578 0 Students & Student organizations Lamar University P O Box 10009 Beaumont TX 77710 746000298 31779 0 Facility & equipment Lamar University P O Box 10009 Beaumont TX 77710 746000298 894473 0 Other Lamar University P O Box 10009 Beaumont TX 77710 746000298 929286 0 Faculty support 1 0 Scholarships 705 2575742 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 167247 15784 16832 199863 X 13 463199 Market quotes X Computer equipment 1 690417 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.