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Nonprofit · EIN 23-7052911

SOUTHERN UNIVERSITY SYSTEM FOUNDATION

Tax-exempt · BATON ROUGE, LA 70813

Financials

$16.9M$13.5M2023$21M$13.7M2024
Revenue Expenses · by fiscal year end
Financials of SOUTHERN UNIVERSITY SYSTEM FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$21,014,026$13,665,213$7,348,813$70,244,010$39,604,465$30,639,545
December 31, 2023990$16,885,744$13,537,806$3,347,938$63,867,683$39,128,724$24,738,959
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$17,295,993
Program service revenue
$1,709,436
Investment income
$14,001
Other revenue
$1,994,596

Expenses

Grants and similar amounts paid
$124,475
Other salaries and wages
$541,983
Salaries, compensation and benefits (total)
$541,983
Professional fundraising fees
$0
Legal fees
$108,719
Accounting fees
$26,594
Occupancy
$154
Travel
$321,260
Program services (functional)
$7,005,412
Management and general (functional)
$5,908,052
Fundraising (functional)
$751,749

Balance sheet and other

Total assets, start of year
$63,867,683
Total assets, end of year
$70,244,010
Total liabilities, end of year
$39,604,465
Net assets, end of year
$30,639,545
Land, buildings and equipment
$9,478,878
Publicly traded securities
$23,317,427
Net assets without donor restrictions
$30,639,545
Gross receipts
$21,014,026
Employees
3
Year formed
1970
State of legal domicile
LA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
FRED BANKSCHAIR
Trustee or director, Officer
3$0
HENRY BAPTISTEBOARD MEMBER
Trustee or director
2$0
REV JAMES BROWNBOARD MEMBER
Trustee or director
2$0
KELVIN CONEYBOARD MEMBER
Trustee or director
2$0
ALFRED HARRELLCEO/SECRETAR
Trustee or director, Officer
40$0
JULIENA HEBERTBOARD MEMBER
Trustee or director
2$0
DEXTER HENDERSONBOARD MEMBER
Trustee or director
2$0
LOUIS HENRYBOARD MEMBER
Trustee or director
2$0
RODERICK HILLBOARD MEMBER
Trustee or director
2$0
LINDA JOHNSONBOARD MEMBER
Trustee or director
2$0
MARTIN JOHNSONBOARD MEMBER
Trustee or director
2$0
ANNA JONESBOARD MEMBER
Trustee or director
2$0
WILBERT FERDINAND JRBOARD MEMBER
Trustee or director
2$0
JUDGE LUKE LAVERGNETREASURER
Trustee or director, Officer
3$0
IRVING MATTHEWSBOARD MEMBER
Trustee or director
2$0
5 more people on this return
NameTitleHours / weekCompensation
DEIDRE ROBERTBOARD MEMBER
Trustee or director
2$0
DOMOINE RUTLEDGEBOARD MEMBER
Trustee or director
2$0
JOSEPH STEWARTBOARD MEMBER
Trustee or director
2$0
GARY WILLIAMSBOARD MEMBER
Trustee or director
2$0
ALLISON YOUNGVICE CHAIR
Trustee or director, Officer
3$0
990 for the year ended December 31, 2023: 21 people
NameTitleHours / weekCompensationOther / benefits
ALFRED E HARRELLCEO/ SECRETA
Officer
3$229,520$6,500
FRED BANKSCHAIRMAN
Trustee or director, Officer
3$0$0
HENRY BAPTISTEBOARD MEMBER
Trustee or director
2$0$0
KELVIN CONEYBOARD MEMBER
Trustee or director
2$0$0
MS ALLISON J YOUNGVICE CHAIRWO
Trustee or director, Officer
3$0$0
MARTIN W JOHNSONBOARD MEMBER
Trustee or director
2$0$0
JUDGE LUKE LAVERGNETREASURER
Trustee or director, Officer
3$0$0
IRVING MATTHEWSBOARD MEMBER
Trustee or director
2$0$0
GARY WILLIAMSBOARD MEMBER
Trustee or director
2$0$0
ANNA JONESBOARD MEMBER
Trustee or director
2$0$0
LINDA JOHNSONBOARD MEMBER
Trustee or director
2$0$0
REV JAMES E BROWN SRBOARD MEMBER
Trustee or director
2$0$0
JOSEPH M STEWARTBOARD MEMBER
Trustee or director
2$0$0
RODERICK L HILLBOARD MEMBER
Trustee or director
2$0$0
DR RAY BELTONPRESIDENT
Trustee or director, Officer
3$0$0
LOUIS C HENRY JRBOARD MEMBER
Trustee or director
2$0$0
WILBERT FERDINAND JRBOARD MEMBER
Trustee or director
2$0$0
DEXTER HENDERSONBOARD MEMBER
Trustee or director
2$0$0
DOMOINE D RUTLEDGEBOARD MEMBER
Trustee or director
2$0$0
JULIENA K HEBERTBOARD MEMBER
Trustee or director
2$0$0
DEIDRE D ROBERTBOARD MEMBER
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
PO BOX 9562, BATON ROUGE, LA 70813-0001
Principal officer (990 for 2024)
DR RAY BELTON
Signed the 990
ALFRED HARRELL, CEO/SECRETARY
Phone
(225) 771-3911
Return prepared by
SEAN BRUNO CPAS

Mission

THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO PROMOTE THE EDUCATIONAL AND CULTURAL WELFARE OF SOUTHERN UNIVERSITY AND A&M COLLEGE SYSTEM AND TO PROVIDE ADDITIONAL RESOURCES FOR THE BENEFIT OF THE UNIVERSITY SYSTEM, TO ENCOURAGE, SOLICIT, RECEIVE, AND ADMINISTER GIFTS AND REQUEST OF PROPERTY AND FUNDS FOR SCIENTIFIC, EDUCATIONAL AND CHARITABLE PURPOSES, ALL FOR THE ADVANCEMENT OF THE SOUTHERN UNIVERSITY SYSTEM.

990 for the year ended December 31, 2024

Program accomplishments

  • THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO PROMOTE THE EDUCATIONAL AND CULTURAL WELFARE OF SOUTHERN UNIVERSITY AND A&M COLLEGE SYSTEM AND TO PROVIDE ADDITIONAL RESOURCES FOR THE BENEFIT OF THE UNIVERSITY SYSTEM, TO ENCOURAGE, SOLICIT, RECEIVE, AND ADMINISTER GIFTS AND REQUEST OF PROPERTY AND FUNDS FOR SCIENTIFIC, EDUCATIONAL AND CHARITABLE PURPOSES, ALL FOR THE ADVANCEMENT OF THE SOUTHERN UNIVERSITY SYSTEM.
    Expenses $7,005,412 · grants $124,475

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
23-7052911
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Organization supporting a government college or university
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1970
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B43I)
Assets (IRS master file)
$70,244,010
Income (IRS master file)
$21,014,026

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$21,014,026$13,665,213$70,244,010XML
990December 2023$16,885,744$13,537,806$63,867,683XML
990December 2022$17,078,446$12,374,923$60,930,166IRS
990December 2021–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7052911).

Questions about SOUTHERN UNIVERSITY SYSTEM FOUNDATION

What is the EIN of SOUTHERN UNIVERSITY SYSTEM FOUNDATION?
The employer identification number (EIN) of SOUTHERN UNIVERSITY SYSTEM FOUNDATION is 23-7052911.
Is SOUTHERN UNIVERSITY SYSTEM FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1970.
Are donations to SOUTHERN UNIVERSITY SYSTEM FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SOUTHERN UNIVERSITY SYSTEM FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of SOUTHERN UNIVERSITY SYSTEM FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SOUTHERN UNIVERSITY SYSTEM FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of SOUTHERN UNIVERSITY SYSTEM FOUNDATION?
The 990 for the year ended December 31, 2024 names DR RAY BELTON.
Who are the officers and directors of SOUTHERN UNIVERSITY SYSTEM FOUNDATION?
The 990 for the year ended December 31, 2024 lists 20 people; 0 received compensation from the organization.
How much revenue does SOUTHERN UNIVERSITY SYSTEM FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $21,014,026, expenses of $13,665,213 and total assets of $70,244,010 at year end.

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