Lctcs Foundation

Organization Overview

Lctcs Foundation is located in Baton Rouge, LA. The organization was established in 2006. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lctcs Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Lctcs Foundation generated $757.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $723.7k during the year ending 12/2021. While expenses have increased by 8.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Lctcs Foundation has awarded 50 individual grants totaling $1,926,905. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE CHARITABLE, EDUCATIONAL, SCIENTIFIC AND CULTURAL STUDIES FOR LOUISIANA COMMUNITY AND TECHNICAL COLLEGE SYSTEM; TO SOLICIT AND ACCEPT GIFTS, GRANTS, APPROPRIATIONS, BEQUESTS AND FUNDS, INCLUDING PROPERTY, IN ORDER TO PROVIDE FINANCIAL ASSISTANCE TO STUDENTS, INCLUDING SCHOLARSHIPS AND OTHER EDUCATIONAL ENDEAVORS AND ACTIVITIES IN FURTHERENCE OF LOUISIANA COMMUNITY AND TECHNICAL COLLEGE SYSTEM.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE LCTCS FOUNDATION PROVIDED SUPPORT TO THE LOUISIANA COMMUNITY AND TECHNICAL COLLEGE SYSTEM IN THREE PROGRAM AREAS: ADVOCACY AND PUBLIC ENGAGEMENT, PROFESSIONAL DEVELOPMENT, AND STUDENT ACCESSS AND SUCCESS.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$743,610
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$743,610
Total Program Service Revenue$11,767
Investment income $2,081
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $757,458

Grants Awarded

Over the last fiscal year, Lctcs Foundation has awarded $241,500 in support to 7 organizations.

Grant RecipientAmount

CENTRAL LOUISIANA COMMUNITY COLLEGE

PURPOSE: GRANTS AWARDED TO ENHANCE ADULT EDUCATION, INSTRUCTORSHIPS, AND CONTINUING EDUCATION.

$86,500

SOWELA TECHNICAL COMMUNITY COLLEGE FOUNDATION INC

PURPOSE: GRANTS AWARDED TO ENHANCE ADULT EDUCATION, INSTRUCTORSHIPS, AND CONTINUING EDUCATION.

$50,000

NORTHSHORE COLLEGE ENHANCEMENT FOUNDATION

PURPOSE: GRANTS AWARDED TO ENHANCE ADULT EDUCATION, INSTRUCTORSHIPS, AND CONTINUING EDUCATION.

$25,000

LOUISIANA DELTA COMMUNITY COLLEGE FOUNDATION

Org PageRecipient Profile

Monroe, LA

PURPOSE: GRANTS AWARDED TO ENHANCE ADULT EDUCATION, INSTRUCTORSHIPS, AND CONTINUING EDUCATION.

$20,000

BATON ROUGE COMMUNITY COLLEGE

PURPOSE: GRANTS AWARDED TO ENHANCE ADULT EDUCATION, INSTRUCTORSHIPS, AND CONTINUING EDUCATION.

$20,000

BOSSIER PARISH COMMUNITY COLLEGE FOUNDATION INC

Org PageRecipient Profile

Bossier City, LA

PURPOSE: GRANTS AWARDED TO ENHANCE ADULT EDUCATION, INSTRUCTORSHIPS, AND CONTINUING EDUCATION.

$20,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Lctcs Foundation has recieved totaling $426,398.

Awarding OrganizationAmount
The Blackbaud Giving Fund

Charleston, SC

PURPOSE: GENERAL SUPPORT

$200,000
The Blackbaud Giving Fund

Charleston, SC

PURPOSE: GENERAL SUPPORT

$200,000
Northshore Community Foundation

Covington, LA

PURPOSE: SUPPORT STUDENTS PURSUING CAREERS AS CERTIFIED NURSING ASSISTANTS

$20,000
Community Foundation Of North Louisiana

Shreveport, LA

PURPOSE: TO PROVIDE FUNDING FOR SCHOLARSHIPS FOR STUDENTS ENROLLED IN TECHNICAL AND/OR VOCATIONAL TRAINING AT ITS SHREVEPORT CAMPUS.

$6,398
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$201,050
Earnings$106
Net Contributions$44,155
Ending Balance$245,311

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