Lamar University Foundation Inc logo

Lamar University Foundation Inc

BEAUMONT, TX EIN: 23-7298265 Website

The Foundation supports the development and promotion of Lamar University, its students, faculty and staff. The Lamar University Foundation supports and enhances Lamar University by encouraging the commitment of personal and financial resources to further the education of Lamar University students. The Foundation promotes the stewardship of donors to enhance the quality of services provided by the University to student, faculty, alumni and friends. The Lamar University Foundation manages the investments, serves as trustee of the endowment funds and other private assets contributed for the benefit of Lamar University.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$151.4M

+18.0% YoY

Annual Giving

$2.6M

+29.2% YoY

Grant Count

4

+0.0% YoY

Avg Grant Size

$649K

+29.2% YoY

About Lamar University Foundation Inc

Based on IRS filings

Lamar University Foundation Inc is a nonprofit organization focused on Education, based in BEAUMONT, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $151.4M in total assets. In 2024, it awarded 4 grants totaling $2.6M. Net investment income was $5.3M.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Beaumont

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$4M$8M$12M$16M20202021202220232024
Metric202420232022
Total Assets$151,399,653$128,290,438$120,036,714
Revenue$14,317,021$9,209,579$9,189,349
Expenses$6,617,644$5,628,976$5,492,343
Qualifying Distributions
Net Investment Income$5,297,906$3,921,735$3,368,743
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$877K$2M$3M$4M4 grants20204 grants20214 grants20224 grants20234 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Lamar University$899KLamar University$810KLamar University$494KLamar University$393K

Grant Size Distribution

20 grants across all recorded years

2<$50K2$50–100K3$100–250K3$250–500K8$500K–1M2$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Juan J ZabalaCEO6
Karen NicholsCOO34
Fred Vernon IITrustee1
Elaine HenryTrustee1
J Pat ParsonsTrustee1
Jared BoudreauxTrustee1
Michael L BurrowTrustee1
Yolanda ConyersTrustee1
Rena ClarkSecy/Com Chair3
Jerry DearingTrustee1
Vernon DurdenTrste/Com Chair3
Phillip E FullerTrustee1
Terry GarthVice Chairman3
Ann Die HasselmoTrustee1
Gisela HousemanTrustee1
Mike JenkinsTrustee1
Carmen JordanTrustee1
Clayton LauTrustee1
Catherine LongTrustee1
Becky MasonChairman3
Larry NorwoodTrste/Com Chair3
Ellen RienstraTrustee1
Lori RyerkerkTrustee1
Don ShaverPast Chairman3
Mike TurnerTrustee1
Joe VernonTreas/Com Chair3
Herman Wilson JrTrustee1

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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