2025-02-26T11:19:53-08:00 2024-08-31 741694817 Wathen DeShong & Juncker LLP 4140 Gladys Avenue Suite 101 Beaumont TX 77706 990 2023-09-01 237298265 Lamar University Foundation Inc LAMA 4098802117 P O Box 11500 Beaumont TX 77710 Juan J Zabala CEO 2025-02-26 true true Jeremy Triska P01227495 4098381605 2023 2025-03-06 01:10:19Z Juan J Zabala P O Box 11500 Beaumont TX 77710 50419063 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 4598080 8886444 0 3921735 5297906 689764 132671 9209579 14317021 2419602 2912710 0 0 0 309828 3209374 3704934 5628976 6617644 3580603 7699377 128290438 151399653 1548480 4365137 126741958 147034516 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 2910954 2910954 Scholarships provided to Lamar University students as specified by donor restrictions 1444589 Other support provided to Lamar University students and student organizations as specified by donor restrictions 850277 1756 Support provided to Lamar University faculty as specified by donor restrictions 496396 5702216 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 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 196898 38208 Karen Nichols COO 34.00 0.00 X 0 75497 7497 Fred Vernon II 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 Jared Boudreaux Trustee 1.00 0.00 X 0 0 0 Michael L Burrow Trustee 1.00 0.00 X 0 0 0 Yolanda Conyers Trustee 1.00 0.00 X 0 0 0 Rena Clark Secy/Com Chair 3.00 0.00 X X 0 0 0 Jerry Dearing Trustee 1.00 0.00 X 0 0 0 Vernon Durden Trste/Com Chair 3.00 0.00 X 0 0 0 Phillip E Fuller Trustee 1.00 0.00 X 0 0 0 Terry Garth Vice Chairman 3.00 0.00 X 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 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 Chairman 3.00 0.00 X X 0 0 0 Larry Norwood Trste/Com Chair 3.00 0.00 X 0 0 0 Ellen Rienstra Trustee 1.00 0.00 X 0 0 0 Lori Ryerkerk Trustee 1.00 0.00 X 0 0 0 Don Shaver Past Chairman 3.00 0.00 X X 0 0 0 Mike Turner Trustee 1.00 0.00 X 0 0 0 Joe Vernon Treas/Com Chair 3.00 0.00 X X 0 0 0 Herman Wilson Jr Trustee 1.00 0.00 X 0 0 0 272395 45705 0 false true false 0 8886444 5237007 8886444 0 340986 340986 0 177853 177853 0 41058962 36102042 4956920 4956920 4956920 0 0 0 Change in value of life insurance 900099 -20612 -20612 Change in value of oil & gas 900099 -89345 -89345 Miscellaneous 900099 64775 64775 -45182 14317021 5430577 0 2912710 2912710 0 0 0 0 0 0 0 0 0 1780 1780 17771 17771 0 0 173599 173599 148374 148374 0 11633 11633 0 0 0 153149 104588 13730 34831 0 0 0 0 2479 2479 0 Personnel 1064875 635344 305307 124224 Equipment & supplies 948003 912278 35725 General operational support 376482 373680 546 2256 Community, campus, and alumni 259061 257347 1714 547728 357895 43030 146803 6617644 5702216 605600 309828 758546 498690 0 0 0 0 0 400000 200000 0 0 1390124 34435 1447513 1355689 99297712 111289521 25360534 37050232 0 0 1026133 1005521 128290438 151399653 1548480 4365137 1548480 4365137 X 3909653 4157607 122832305 142876909 126741958 147034516 128290438 151399653 7699377 12593181 X false true X true false X 4766032 5329070 4243447 4598080 8886444 27823073 0 0 4766032 5329070 4243447 4598080 8886444 27823073 6162046 21661027 1048752 3357 -131092 -19884 347264 1248397 0 0 29071470 0.74510 0.68020 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 125058246 12544942 18242555 5744944 1561046 148539753 116385107 6484413 8737625 5174589 1374310 125058246 126251670 5825732 -9245820 4849069 1597406 116385107 103745803 6693787 22516562 5222761 1481721 126251670 93784514 5037588 12822322 6745472 1153150 103745802 0.02460 0.88250 0.09290 false false false 1352623 1352623 37501 34435 3066 1355689 37050232 Funds held under agency agreement 4365137 4365137 26736603 12593181 12593181 14143422 173599 173599 14317021 6444045 6444045 173599 173599 6617644 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 393407 0 Other Lamar University P O Box 10009 Beaumont TX 77710 746000298 494302 0 Students & Student organizations Lamar University P O Box 10009 Beaumont TX 77710 746000298 809611 0 Faculty support Lamar University P O Box 10009 Beaumont TX 77710 746000298 898722 0 Facility & equipment 0 4 Scholarships 703 2912710 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 196898 18760 19448 235106 X 12 876505 Market quotes X Gold coins 1 4360502 Fair market value false true true Part I, Line 32, Hire and Use of Third Parties U. S. Coins and Jewelry, 8435 Katy Freeway, Houston, TX 77024 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.