Nonprofit · EIN 72-1031108
LSU IN SHREVEPORT FOUNDATION INC
Tax-exempt · SHREVEPORT, LA 71115
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $2,763,181 | $2,170,322 | $592,859 | $36,784,495 | $10,145,777 | $26,638,718 |
| June 30, 2024 | 990 | $3,037,741 | $2,624,786 | $412,955 | $33,966,884 | $9,642,586 | $24,324,298 |
| June 30, 2023 | 990 | $1,929,702 | $1,761,604 | $168,098 | $30,888,371 | $8,404,657 | $22,483,714 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,479,289
- Membership dues
- $121,844
- Program service revenue
- $0
- Investment income
- $1,120,878
- Net gain from sales of assets
- $153,246
- Other revenue
- $163,014
Expenses
- Grants and similar amounts paid
- $709,969
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $56,014
- Travel
- $207,881
- Depreciation
- $2,662
- Program services (functional)
- $1,641,830
- Management and general (functional)
- $480,749
- Fundraising (functional)
- $47,743
Balance sheet and other
- Total assets, start of year
- $33,966,884
- Total assets, end of year
- $36,784,495
- Total liabilities, end of year
- $10,145,777
- Net assets, end of year
- $26,638,718
- Land, buildings and equipment
- $134,330
- Publicly traded securities
- $35,162,742
- Net assets without donor restrictions
- $460,722
- Net assets with donor restrictions
- $26,177,996
- Gross receipts
- $3,465,373
- Employees
- 3
- Volunteers
- 18
- Year formed
- 1983
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| LAURA PERDUE | EXECUTIVE DIRECTOR Officer | 40 | $0 | $136,168 | $8,782 |
| WAYNE BROWN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MICHAEL H WOODS | SECRETARY/TREASURER Trustee or director, Officer | 2 | $0 | $0 | $0 |
| BRIAN HAMM | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| GEORGE FRITZE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| SIDNEY E KENT | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DR LANE ROSEN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| B BRUCE SIMON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| EDIE WILLIAMS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| HARDY FOREMAN | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 | $0 |
| STEPHEN R YANCEY II | IMMEDIATE PAST PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MERRITT CHASTAIN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| SUSAN HARDTNER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| TERRY MOORE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MIKE MCCARTHY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
4 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JANIE RICHARDSON | DIRECTOR Trustee or director | 1 | $0 |
| STEFANI Y'BARBO | DIRECTOR Trustee or director | 1 | $0 |
| MIKE TURNER | DIRECTOR Trustee or director | 1 | $0 |
| BRIAN NEWTON | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 23 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| LAURA PERDUE | EXECUTIVE DIRECTOR Officer | 40 | $0 | $136,891 | $8,060 |
| MICKEY CALLAWAY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| WAYNE BROWN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JAMES K ELROD | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MICHAEL H WOODS | SECRETARY/TREASURER Trustee or director, Officer | 2 | $0 | $0 | $0 |
| BRIAN HAMM | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| GEORGE FRITZE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| SIDNEY E KENT | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DR LANE ROSEN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DR PHILLIP ROZEMAN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| B BRUCE SIMON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| EDIE WILLIAMS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| HARDY FOREMAN | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 | $0 |
| DR SANDRA A MCCALLA | VICE PRESIDENT Trustee or director, Officer | 2 | $0 | $0 | $0 |
| STEPHEN R YANCEY II | IMMEDIATE PAST PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MERRITT CHASTAIN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| SUSAN HARDTNER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| TERRY MOORE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MIKE MCCARTHY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JANIE RICHARDSON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| STEFANI Y'BARBO | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MIKE TURNER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CURTIS JOSEPH | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 22 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| LAURA PERDUE | EXECUTIVE DIRECTOR Officer | 40 | $0 | $150,000 |
| MICKEY CALLAWAY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DIANA DECHARLES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JAMES K ELROD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL H WOODS | SECRETARY/TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| BRIAN HAMM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GEORGE FRITZE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SIDNEY E KENT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DR LANE ROSEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DR PHILLIP ROZEMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| B BRUCE SIMON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| EDIE WILLIAMS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| HARDY FOREMAN | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| DR SANDRA A MCCALLA | VICE PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| STEPHEN R YANCEY II | IMMEDIATE PAST PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| MERRITT CHASTAIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SUSAN HARDTNER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TERRY MOORE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MIKE MCCARTHY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JANIE RICHARDSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| STEFANI Y'BARBO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MIKE TURNER | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1 UNIVERSITY PL, SHREVEPORT, LA 71115-2301
- Principal officer (990 for 2024)
- HARDY FOREMAN, ONE UNIVERSITY PLACE, SHREVEPORT, LA 71115
- Signed the 990
- HARDY FOREMAN, PRESIDENT
- Phone
- (318) 797-5278
- Return prepared by
- HEARD MCELROY & VESTAL LLC
Mission
THE FOUNDATION'S GOAL IS TO PROMOTE THE EDUCATION AND CULTURAL WELFARE OF LOUISIANA STATE UNIVERSITY IN SHREVEPORT (LSUS). THE FOUNDATION'S ACTIVITIES INCLUDE MANAGEMENT OF GIFTS, GRANTS AND ENDOWMENTS FOR THE PURPOSE OF PROVIDING SCHOLARSHIPS, RESEARCH ACTIVITIES AND ANY OTHER SUCH BENEFIT FOR LSUS AND ITS FACULTY AND STUDENTS AS MAY BE PRESCRIBED BY DONORS.
Program accomplishments
- THE LSUS FOUNDATION COLLECTS FUNDS AND SPENDS THEM FOR SCHOLARSHIPS, RESEARCH, AND OTHER BENEFITS FOR LSUS AS MAY BE PRESCRIBED BY THE DONORS OF THE FOUNDATION.Expenses $1,641,830 · grants $709,969 · revenue $163,014
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 72-1031108
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1985
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B110)
- Assets (IRS master file)
- $36,784,495
- Income (IRS master file)
- $3,465,373
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $2,763,181 | $2,170,322 | $36,784,495 | IRS |
| 990 | June 2024 | $3,037,741 | $2,624,786 | $33,966,884 | IRS |
| 990 | June 2023 | $1,929,702 | $1,761,604 | $30,888,371 | XML |
| 990 | June 2022 | $2,098,535 | $1,635,439 | $29,097,303 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | 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 72-1031108).
Questions about LSU IN SHREVEPORT FOUNDATION INC
- What is the EIN of LSU IN SHREVEPORT FOUNDATION INC?
- The employer identification number (EIN) of LSU IN SHREVEPORT FOUNDATION INC is 72-1031108.
- Is LSU IN SHREVEPORT FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1985.
- Are donations to LSU IN SHREVEPORT FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LSU IN SHREVEPORT FOUNDATION INC 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 LSU IN SHREVEPORT FOUNDATION INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LSU IN SHREVEPORT FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of LSU IN SHREVEPORT FOUNDATION INC?
- The 990 for the year ended June 30, 2025 names HARDY FOREMAN.
- Who are the officers and directors of LSU IN SHREVEPORT FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 19 people; 0 received compensation from the organization.
- How much revenue does LSU IN SHREVEPORT FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $2,763,181, expenses of $2,170,322 and total assets of $36,784,495 at year end.
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