Nonprofit · EIN 72-1295979
L S U PROPERTY FOUNDATION
Tax-exempt · BATON ROUGE, LA 70802
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $5,699,709 | $6,018,842 | -$319,133 | $12,254,334 | $2,992,141 | $9,262,193 |
| June 30, 2024 | 990 | $5,555,701 | $5,922,728 | -$367,027 | $12,756,488 | $3,175,163 | $9,581,325 |
| June 30, 2023 | 990 | $5,193,162 | $5,761,683 | -$568,521 | $13,457,973 | $3,509,621 | $9,948,352 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $2,430,606
- Program service revenue
- $0
- Investment income
- $31,291
- Net rental income
- $3,237,812
- Other revenue
- $3,237,812
Expenses
- Grants and similar amounts paid
- $443,722
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Occupancy
- $5,000
- Depreciation
- $663,421
- Program services (functional)
- $5,445,453
- Management and general (functional)
- $325,923
- Fundraising (functional)
- $247,466
Balance sheet and other
- Total assets, start of year
- $12,756,488
- Total assets, end of year
- $12,254,334
- Total liabilities, end of year
- $2,992,141
- Net assets, end of year
- $9,262,193
- Land, buildings and equipment
- $10,795,502
- Net assets without donor restrictions
- $9,262,193
- Gross receipts
- $5,699,709
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1995
- 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 |
|---|---|---|---|---|---|
| ROBERT M STUART JR | PRESIDENT & CEO Officer | 1 | $0 | $423,073 | $22,177 |
| KATE SPIKES | TREASURER Officer | 1 | $0 | $260,919 | $36,653 |
| LEU ANNE GRECO | SECRETARY Officer | 1 | $0 | $206,331 | $18,766 |
| BEAU FOURNET | DIRECTOR, CHAIR (BEGIN 1/1/25) Trustee or director, Officer | 0.05 | $0 | $0 | $0 |
| ELIZABETH RONN | DIRECTOR Trustee or director | 0.05 | $0 | $0 | $0 |
| FRANK BILLY W HARRISON III | DIRECTOR (END 12/31/24) Trustee or director | 0.05 | $0 | $0 | $0 |
| LAURIE ARONSON | DIRECTOR Trustee or director | 0.05 | $0 | $0 | $0 |
| LORI GARRISON | DIRECTOR Trustee or director | 0.05 | $0 | $0 | $0 |
| MATTHEW LEE | DIRECTOR ,EX OFFICIO BEGIN 6-1-25 Trustee or director | 0.5 | $0 | $0 | $0 |
| ROGER JENKINS | DIRECTOR, CHAIR (END 12/31/24) Trustee or director, Officer | 0.05 | $0 | $0 | $0 |
| THOMAS ADAMEK | DIRECTOR (BEGIN 1/1/25) Trustee or director | 0.05 | $0 | $0 | $0 |
| WILLIAM F TATE IV | DIRECTOR ,EX OFFICIO (END 5/31/25) Trustee or director | 0.05 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 10 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ROBERT M STUART JR | PRESIDENT & CEO Officer | 0.05 | $0 | $418,363 | $19,872 |
| KATE SPIKES | TREASURER Officer | 0.05 | $0 | $264,621 | $33,179 |
| LEU ANNE GRECO | SECRETARY Officer | 0.05 | $0 | $198,206 | $17,955 |
| FRANK BILLY W HARRISON III | DIRECTOR Trustee or director | 0.05 | $0 | $0 | $0 |
| ROGER JENKINS | CHAIR Trustee or director, Officer | 0.05 | $0 | $0 | $0 |
| BEAU FOURNET | DIRECTOR Trustee or director | 0.05 | $0 | $0 | $0 |
| LAURIE ARONSON | DIRECTOR Trustee or director | 0.05 | $0 | $0 | $0 |
| LORI GARRISON | DIRECTOR Trustee or director | 0.05 | $0 | $0 | $0 |
| ELIZABETH RONN | DIRECTOR Trustee or director | 0.05 | $0 | $0 | $0 |
| WILLIAM F TATE IV | DIRECTOR ,EX OFFICIO Trustee or director | 0.05 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 13 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ROBERT M STUART JR | PRESIDENT & CEO Officer | 0.05 | $0 | $393,865 | $19,425 |
| KATE SPIKES | TREASURER Officer | 0.05 | $0 | $229,489 | $31,469 |
| LEU ANNE GRECO | SECRETARY Officer | 0.05 | $0 | $187,769 | $17,236 |
| FRANK BILLY W HARRISON III | DIRECTOR; CHAIRPERSON 2022 Trustee or director, Officer | 0.05 | $0 | $0 | $0 |
| CLARENCE CAZALOT | DIRECTOR 2022 Trustee or director | 0.05 | $0 | $0 | $0 |
| LAURA DAUZAT | DIRECTOR 2022 Trustee or director | 0.05 | $0 | $0 | $0 |
| ROGER JENKINS | DIRECTOR; CHAIRPERSON 2023 Trustee or director, Officer | 0.05 | $0 | $0 | $0 |
| BEAU FOURNET | DIRECTOR 2023 Trustee or director | 0.05 | $0 | $0 | $0 |
| WAYNE BROWN | DIRECTOR 2022 Trustee or director | 0.05 | $0 | $0 | $0 |
| LAURIE ARONSON | DIRECTOR 2023 Trustee or director | 0.05 | $0 | $0 | $0 |
| LORI GARRISON | DIRECTOR 2023 Trustee or director | 0.05 | $0 | $0 | $0 |
| JYRIC SIMS | DIRECTOR 2023 Trustee or director | 0.05 | $0 | $0 | $0 |
| ELIZABETH RONN | DIRECTOR 2023 Trustee or director | 0.05 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 3796 NICHOLSON DR, BATON ROUGE, LA 70802-8633
- In care of
- % LSU OFFICE OF ACCOUNTING SERVICES
- Principal officer (990 for 2024)
- ROBERT M STUART JR, 3796 NICHOLSON DRIVE, BATON ROUGE, LA 70802
- Signed the 990
- KATE SPIKES, TREASURER
- Phone
- (225) 578-3811
- Website
- WWW.LSUFOUNDATION.ORG
- Return prepared by
- EAG GULF COAST LLC
Mission
THE MISSION OF THE LSU PROPERTY FOUNDATION IS TO FOSTER PRIVATE FINANCIAL SUPPORT VIA GIFTS OF REAL ESTATE AND MOVEABLE PROPERTY, AS WELL AS, FACILITATE PROJECTS ON BEHALF OF LSU AND THE LSU AGRICULTURAL CENTER.
Program accomplishments
- OPERATION OF STUDENT-CENTRIC RETAIL FOR THE NICHOLSON GATEWAY PROJECT, WHICH PROVIDES HOUSING FOR UPPER-CLASS GRADUATE STUDENTS.Expenses $5,445,453 · grants $443,722
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
- 72-1295979
- 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
- 1996
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T50)
- Assets (IRS master file)
- $12,254,334
- Income (IRS master file)
- $5,699,709
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $5,699,709 | $6,018,842 | $12,254,334 | IRS |
| 990 | June 2024 | $5,555,701 | $5,922,728 | $12,756,488 | IRS |
| 990 | June 2023 | $5,193,162 | $5,761,683 | $13,457,973 | XML |
| 990 | June 2022 | $5,520,184 | $6,741,809 | $13,863,761 | 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 72-1295979).
Questions about L S U PROPERTY FOUNDATION
- What is the EIN of L S U PROPERTY FOUNDATION?
- The employer identification number (EIN) of L S U PROPERTY FOUNDATION is 72-1295979.
- Is L S U PROPERTY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
- Are donations to L S U PROPERTY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does L S U PROPERTY 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 L S U PROPERTY FOUNDATION 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 L S U PROPERTY FOUNDATION 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 L S U PROPERTY FOUNDATION?
- The 990 for the year ended June 30, 2025 names ROBERT M STUART JR.
- Who are the officers and directors of L S U PROPERTY FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 12 people; 0 received compensation from the organization.
- How much revenue does L S U PROPERTY FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $5,699,709, expenses of $6,018,842 and total assets of $12,254,334 at year end.
Other nonprofits in BATON ROUGE
- BATON ROUGE AREA FOUNDATION EIN 72-6030391 · last filed 990 for 2024
- UNITED METHODIST FOUNDATION OF LA EIN 72-0779104 · last filed 990 for 2025
- CAPITAL AREA UNITED WAY EIN 72-0447100 · last filed 990 for 2025
- THE EDWARD L RISPONE FAMILY FOUNDATION EIN 72-1474941 · last filed 990-PF for 2024
- BATON ROUGE COMMUNITY COLLEGE FOUNDATION INC EIN 72-1415610 · last filed 990 for 2025
- LOUISIANA ASSOCIATION OF UNITED WAYS INC EIN 20-4586416 · last filed 990 for 2025
- SHARON AND CLAUDE B@PENNINGTON FAMILY FOUNDATION EIN 81-5336145 · last filed 990-PF for 2024
- CHARLES LAMAR FAMILY FOUNDATION EIN 72-1488497 · last filed 990-PF for 2024
All nonprofits in BATON ROUGE · Louisiana · Philanthropy, voluntarism and grantmaking foundations