The Letourneau University Foundation

LONGVIEW, TX EIN: 83-2155629

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

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

Education

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Texas $50K (100%)

States

Texas

Cities

Longview

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

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

Among its reported 2024 grants, the largest include LeTourneau University ($50,000).

Recipient	Purpose	Amount
LeTourneau University Longview, TX	General Funding	$50,000

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

Education

Frequently Asked Questions

What is The Letourneau University Foundation?

The Letourneau University Foundation is a nonprofit organization focused on Education, based in LONGVIEW, TX. It holds $65.8M in total assets as of 2024.

How large is The Letourneau University Foundation?

As of 2024, The Letourneau University Foundation holds $65.8M in total assets with $2.4M in annual revenue. It awarded 1 grants totaling $50K in 2024.

Where does The Letourneau University Foundation operate?

The Letourneau University Foundation has awarded grants in Texas.

What size grants does The Letourneau University Foundation award?

In 2024, The Letourneau University Foundation awarded 1 grants totaling $50K — an average of about $50K per grant, based on its IRS Form 990 filings.

What is The Letourneau University Foundation's EIN?

The Letourneau University Foundation's EIN (Employer Identification Number) is 83-2155629. IRS Form 990 filing data is available on this page for 2020–2024.