2019-01-15T08:18:07-08:00 2018-08-31 LAUREN G BROOKS & ASSOCIATES PC 390 PARK ST STE 900 BEAUMONT TX 77701 990 2017-09-01 237298265 Lamar University Foundation Inc LAMA 4098802117 P O Box 11500 Beaumont TX 77710 JUAN J ZABALA CEO 4098802117 2019-01-14 true LAUREN BROOKS P00536551 4098327413 71.143.207.252 2019-01-15 08:17:49 PS P 6BF847D95C12800FFADEE7B360EBFB84F94752E7 3A3605F06E7420C45B535EC79E934FCA8A17F492 2017 2019-02-21 02:37:17Z JUAN ZABALA P O Box 11500 Beaumont TX 77710 28189656 false X https://www.lamar.edu/advancement/foundation/index.html X 1972 TX THE FOUNDATION SUPPORTS THE DEVELOPMENT AND PROMOTION OF LAMAR UNIVERSITY, ITS STUDENTS, FACULTY AND STAFF. 34 34 0 34 0 5040803 4891630 0 5333695 5098009 -197561 93463 10176937 10083102 1740307 2397855 0 0 20530 0 300242 2275458 4460275 4036295 6858130 6140642 3224972 83034572 89726452 8180 83034572 89718272 X The Lamar University Foundation supports and enhances Lamar University by false false 2065847 2065847 SCHOLARSHIPS PROVIDED TO LAMAR UNIVERSITY STUDENTS AS SPECIFIED BY DONOR RESTRICTIONS 1090404 7210 SUPPORT PROVIDED TO LAMAR UNIVERSITY FACULTY AS SPECIFIED BY DONOR RESTRICTIONS 413484 302070 OTHER SUPPORT PROVIDED TO LAMAR UNIVERSITY STUDENTS AND STUDENT ORGANIZATIONS AS SPECIFIED BY DONOR RESTRICTIONS. DURING THE YEAR ENDED AUGUST 31, 2018, THIS SUPPORT INCLUDED OVER OVER $300,000 IN ASSISTANCE TO STUDENTS IMPACTED BY HURRICANE HARVEY. 2130049 10000 Other support provide to Lamar University programs as specified by donor restrictions 2130049 10000 5699784 true true false false false false false false false true true true false false false 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 13 0 true 0 false false false false false true true false false false false false false false X 34 34 false false true false false false false true true false false false true true true true true true true false X JUAN ZABALA 4098802117 P O Box 11500 Beaumont TX 77710 SINA NEJAD President 5.00 X X 0 0 0 ANITA RIDDLE Vice President 3.00 X X 0 0 0 TYRRELL GARTH Treasurer 3.00 X X 0 0 0 SANDRA CLARK Secretary 3.00 X X 0 0 0 JOSEPH DOMINO Past President 3.00 X X 0 0 0 ELAINE HENRY Committee Chair 3.00 X 0 0 0 ELLEN RIENSTRA Committee Chair 3.00 X 0 0 0 J MARK SMITH Committee Chair 3.00 X 0 0 0 ROY STEINHAGEN Committee Chair 3.00 X 0 0 0 MICHAEL BURROW Trustee 1.00 X 0 0 0 NICHOLAS CARTER Trustee 1.00 X 0 0 0 GRADY CRAWFORD JR Trustee 1.00 X 0 0 0 JAMES CRUMP Trustee 1.00 X 0 0 0 BARRY DAVIS Trustee 1.00 X 0 0 0 JERRY DEARING Trustee 1.00 X 0 0 0 VERNON DURDEN Trustee 1.00 X 0 0 0 ANN DIE HASSELMO Trustee 1.00 X 0 0 0 GISELA HOUSEMAN Trustee 1.00 X 0 0 0 MIKE JENKINS Trustee 1.00 X 0 0 0 ROBERT JONES Trustee 1.00 X 0 0 0 CLAYTON LAU Trustee 1.00 X 0 0 0 DON LYLE Trustee 1.00 X 0 0 0 BILL MACATEE Trustee 1.00 X 0 0 0 LARRY NORWOOD Trustee 1.00 X 0 0 0 PAT PARSONS Trustee 1.00 X 0 0 0 RICHARD PRICE Trustee 1.00 X 0 0 0 WILLIAM SCOTT Trustee 1.00 X 0 0 0 DON SHAVER Trustee 1.00 X 0 0 0 JAY BART SIMMONS Trustee 1.00 X 0 0 0 MICHELE SMITH Trustee 1.00 X 0 0 0 HENRY STRAIT Trustee 1.00 X 0 0 0 J MICHAEL TURNER Trustee 1.00 X 0 0 0 JOSEPH VERNON Trustee 1.00 X 0 0 0 JOE WILLIAMS Trustee 1.00 X 0 0 0 JUAN ZABALA Chief Executive Officer 6.00 X 0 154244 29521 KAREN NICHOLS Chief Operating Officer 34.00 X 0 62224 7421 216468 36942 false true false 4891630 1765233 4891630 1862831 1862831 36301 36301 21341732 18106554 3235178 3235178 3235178 Change in value of oil & gas override 900099 -79264 -79264 Increase in cash value of life insurance 900099 8228 8228 Miscellaneous 900099 128198 128198 57162 10083102 5191472 12728 12728 2385127 2385127 2062 0 2062 0 36910 0 36910 0 458343 0 458343 0 100099 97708 0 2391 20978 0 6824 14154 68110 57556 4304 6250 26176 0 26176 0 78135 38610 456 39069 421216 224965 27178 169073 3472 0 3472 0 8565 0 8565 0 Personnel 983836 715335 207711 60790 Equipment & supplies 1713244 1713244 0 0 General operational support 68000 68000 0 0 Research support 234282 234282 0 0 236847 152229 76103 8515 6858130 5699784 858104 300242 244348 260117 2570443 2258296 1500 162276 19857 235428 142419 75871598 81397822 3072519 4617834 1040236 1048464 83034572 89726452 8180 0 8180 X 3485271 3722045 30133506 34589239 49415795 51406988 83034572 89718272 83034572 89726452 3224972 3458728 X false true X true false X 3719372 4254988 3641608 5040803 4891630 21548401 3719372 4254988 3641608 5040803 4891630 21548401 2641603 18906798 1314532 1337027 1365092 1528302 1862831 7407784 28956185 0.65290 0.66630 X 0 0 0 81106970 5578810 8498090 5862451 1308704 88012715 73445918 4770286 6944065 2885738 1167561 81106970 70912332 3737597 3543944 3642567 1105388 73445918 69148771 4980153 57595 2156823 1117364 70912332 59281285 3816800 9054926 1933375 1070865 69148771 0.03550 0.89100 0.07350 false false 132061 132061 30215 19857 10358 142419 Balbec Insolve Global Credit Feeder Fund III 855882 F Portfolio Advisors Credit Strategies Fund Offshore Ltd 2578085 F Blackstone Strategic Partners Offshore Real Estate Fd VI LP 1183867 F 4617834 13028636 3458728 3458728 9569908 513194 513194 10083102 6344936 6344936 513194 513194 6858130 Pt V, Line 4 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 942865 Faculty support Lamar University P O Box 10009 Beaumont TX 77710 746000298 1589575 Facility & equipment Lamar University P O Box 10009 Beaumont TX 77710 746000298 148639 Students & Student organizations Lamar University P O Box 10009 Beaumont TX 77710 746000298 302070 Disaster assistance Lamar University P O Box 10009 Beaumont TX 77710 746000298 151910 Other 1 0 Scholarships 741 2065847 Disaster relief 94 312070 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 reveiwing the qualifications of a random sample of recipients each year. Pt III, col (b) A disaster relief fund was established that provided assistance to students impacted by Hurricane Harvey, a federally-declared disaster occuring in August 2017. Assistance provided included tuition payments, housing scholarships, and assistance with books, supplies and clothing replacement. false false false false false false false false false JUAN ZABALA 154244 15001 14520 183765 Pt I Line 3 Lamar University is a state-supported university that sets and compares its compensation levels to other universities of similar size and mission. X 16 1765233 false true false Pt VI, Line 11b The Foundation's form 990 is reviewed and approved by the Audit Committe then submitted to the Executive Committe for approval prior to filing. Pt VI, Line 12c All board members and employees must read and sign the conflict of interest statement each year and disclose any conflicts. Board members and employees are also required to report conflicts throughout the year as they arise. Pt VI, Line 15a The Lamar University Foundation uses the Lamar University salary system. Lamar University is a state-supported university that sets and compares its compensation levels to other universities of similar size and mission. Pt VI, Line 15b The Lamar University Foundation uses the Lamar University salary system. Lamar University is a state-supported university that sets and compares its compensation levels to other universities of similar size and mission. Pt VI, Line 19 The Lamar University Foundation makes governing documents, conflict of interests policy, and financial statements available upon request after approval of the Executive Committee. Pt VI, Line 4 The by-laws were amended to add the non-voting positions of Chief Executive Officer and Chief Operating Officer. These officers are approved by the Board of Trustees and are responsible for the management of the Foundation's business operations. Form 990, Part III, Line 4d Other support provide to Lamar University programs as 2130049. 10000. 0. Form 990, Part IX, Line 24e Awards 7700. 7700. 0. 0. Form 990, Part IX, Line 24e Foreign taxes 54852. 0. 54852. 0. Form 990, Part IX, Line 24e Printing and publications 60313. 55232. 0. 5081. Form 990, Part IX, Line 24e Recruitment 41059. 41059. 0. 0. Form 990, Part IX, Line 24e Other 72923. 48238. 21251. 3434.