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
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
20 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Lamar University ($898,722), Lamar University ($809,611), Lamar University ($494,302).
| Recipient | Purpose | Amount |
|---|---|---|
| Lamar University Beaumont, TX | Other | $393,407 |
| Lamar University Beaumont, TX | Students & Student organizations | $494,302 |
| Lamar University Beaumont, TX | Faculty support | $809,611 |
| Lamar University Beaumont, TX | Facility & equipment | $898,722 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Juan J Zabala | CEO | 6 | — |
| Karen Nichols | COO | 34 | — |
| Fred Vernon II | Trustee | 1 | — |
| Elaine Henry | Trustee | 1 | — |
| J Pat Parsons | Trustee | 1 | — |
| Jared Boudreaux | Trustee | 1 | — |
| Michael L Burrow | Trustee | 1 | — |
| Yolanda Conyers | Trustee | 1 | — |
| Rena Clark | Secy/Com Chair | 3 | — |
| Jerry Dearing | Trustee | 1 | — |
| Vernon Durden | Trste/Com Chair | 3 | — |
| Phillip E Fuller | Trustee | 1 | — |
| Terry Garth | Vice Chairman | 3 | — |
| Ann Die Hasselmo | Trustee | 1 | — |
| Gisela Houseman | Trustee | 1 | — |
| Mike Jenkins | Trustee | 1 | — |
| Carmen Jordan | Trustee | 1 | — |
| Clayton Lau | Trustee | 1 | — |
| Catherine Long | Trustee | 1 | — |
| Becky Mason | Chairman | 3 | — |
| Larry Norwood | Trste/Com Chair | 3 | — |
| Ellen Rienstra | Trustee | 1 | — |
| Lori Ryerkerk | Trustee | 1 | — |
| Don Shaver | Past Chairman | 3 | — |
| Mike Turner | Trustee | 1 | — |
| Joe Vernon | Treas/Com Chair | 3 | — |
| Herman Wilson Jr | Trustee | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Lamar University Foundation Inc?
Lamar University Foundation Inc is a nonprofit organization focused on Education, based in BEAUMONT, TX. It holds $151.4M in total assets as of 2024.
How large is Lamar University Foundation Inc?
As of 2024, Lamar University Foundation Inc holds $151.4M in total assets with $14.3M in annual revenue. It awarded 4 grants totaling $2.6M in 2024.
Where does Lamar University Foundation Inc operate?
Lamar University Foundation Inc has awarded grants in Texas.
What size grants does Lamar University Foundation Inc award?
In 2024, Lamar University Foundation Inc awarded 4 grants totaling $2.6M — an average of about $649K per grant, based on its IRS Form 990 filings.
What is Lamar University Foundation Inc's EIN?
Lamar University Foundation Inc's EIN (Employer Identification Number) is 23-7298265. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Lamar University Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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