University Of Louisiana At Monroe Foundation

Organization Overview

University Of Louisiana At Monroe Foundation is located in Monroe, LA. The organization was established in 1962. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 06/2023, University Of Louisiana At Monroe Foundation employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Of Louisiana At Monroe 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 06/2023, University Of Louisiana At Monroe Foundation generated $10.8m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 16.4% each year . All expenses for the organization totaled $4.1m during the year ending 06/2023. While expenses have increased by 1.1% per year over the past 8 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE UNIVERSITY OF LOUISIANA AT MONROE FOUNDATION'S PURPOSE IS TO SOLICIT, RECEIVE AND ADMINISTER PRIVATE GIFTS FOR THE BENEFIT OF THE UNIVERSITY OF LOUISIANA AT MONROE, ITS FACULTY AND ITS STUDENTS AND TO SUPPORT THE ADVANCEMENT OF THE UNIVERSITY BY ACQUIRING IMMOVABLE PROPERTY FOR FUTURE ACQUISITION BY THE UNIVERSITY OF LOUISIANA AT MONROE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SCHOLARSHIPS - PROVIDED SCHOLARSHIPS TO THE STUDENTS ATTENDING THE UNIVERSITY OF LOUISIANA AT MONROE.


NONE


ACADEMIC SUPPORT - ASSISTED THE UNIVERSITY OF LOUISIANA AT MONROE IN ATTRACTING AND RETAINING HIGH QUALITY FACULTY THROUGH SALARY ENHANCEMENTS AND FACULTY ENHANCEMENT THROUGH TRAVEL AND RESEARCH.


DEPARTMENTAL SUPPORT - PROVIDED ASSISTANCE TO THE UNIVERSITY OF LOUISIANA AT MONROE FOR THE PURPOSE OF ENHANCING ACADEMIC PROGRAMS THROUGH FACULTY DEVELOPMENT AND ENHANCEMENT IN ORDER TO PROMOTE THE ACCOMPLISHMENTS OF THE UNIVERSITY.


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Board, Officers & Key Employees

Name (title)Compensation
Jerry Allen
Past Preside
$0
Toni Bacon
Trustee
$0
Andrew Barber
Trustee
$0
Dennis Blunt
Trustee
$0
Leann Boyd
Trustee
$0
Bill Cheek
Trustee
$0

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$5,411,450
Noncash contributions included in lines 1a–1f $48,938
Total Revenue from Contributions, Gifts, Grants & Similar$5,411,450
Total Program Service Revenue$856,459
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $162
Net Rental Income $30,589
Net Gain/Loss on Asset Sales $4,504,170
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $10,802,830

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