UTILIZING A PROFESSIONAL, BIBLICALLY INFORMED APPROACH WE SERVE AS A GUIDE TO CAREFULLY DESIGNED ESTATE AND LEGACY PLANS THAT IN THEIR CONVEYED CHARITABLE INTENT EXPRESSLY BENEFIT LETOURNEAU UNIVERSITY IN ITS WORK OF RAISING UP MEN AND WOMEN WHO SEE THEIR LIFE'S WORK AS A HOLY CALLING, MAKING MISSION FIELDS OF EVERY WORKPLACE IN EVERY NATION.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$65.8M
+93.0% YoY
Annual Giving
$50K
Grant Count
1
Avg Grant Size
$50K
About The Letourneau University Foundation
Based on IRS filings
The Letourneau University Foundation is a nonprofit organization focused on Education, based in LONGVIEW, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $65.8M in total assets. In 2024, it awarded 1 grants totaling $50K. Net investment income was $2.1M.
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 | $65,798,391 | $34,086,293 | $30,343,194 |
| Revenue | $2,402,098 | $998,609 | $3,412,001 |
| Expenses | $978,804 | $667,234 | $484,916 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $2,095,879 | $649,436 | $208,042 |
| 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 1 recipients in 2024
Grant Size Distribution
1 grants across all recorded years
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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BOB WALKER | BOARD VICE CHAIRMAN | 1 | — |
| DANIEL DIFRANCESCO | BOARD CHAIRMAN | 1 | — |
| JIM MAULDIN | SECRETARY/TREASURER | 1 | — |
| THOMAS E BEVAN | PRESIDENT (CEO) | 50 | $147,500 |
| DR STEVEN MASON | PRESIDENT, LETOURNEAU UNIV. | 1 | — |
| JOHN ROSS | DIRECTOR | 1 | — |
| KENNETH MOORE | DIRECTOR | 1 | — |
| LARRY MERCER | DIRECTOR | 1 | — |
| ROGER KIEFFER | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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