SOUTHEASTERN LOUISIANA UNIVERSITY FOUNDATION

EIN: 726028821 501(c)(3) Education

HAMMOND, LA

Total Revenue
$11,298,680
Total Expenses
$8,689,973
Total Assets
$97,447,403
Net Assets
$68,852,612
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1963
Legal Domicile
LA
Phone
9855493132
Tax Period
2024-07-01 to 2025-06-30

SOUTHEASTERN LOUISIANA UNIVERSITY FOUNDATION, founded in 1963, is a mid-sized nonprofit in the Education sector that reported $11.3M in total revenue in fiscal year 2024. Revenue fell 29% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $2.6M, a strong 23% operating margin.

Mission

The Southeastern Louisiana University Foundation (SLUF) is a 501(c)(3) corporation charged with securing, managing and stewarding private gifts in support of Southeastern Louisiana University. Private support increases the University's impact and extends its reach both within and beyond the region by helping make a Southeastern education accessible to the greatest number of students. It also allows faculty, staff, and students to advance industry, contribute to the region's economy and create societal advances that can have an effect across the world.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $6,535,548
Program Service Revenue $0
Investment Income $2,831,623
Other Revenue $1,931,509
TOTAL REVENUE $11,298,680

Expense Breakdown

Grants Paid $1,555,121
Salaries & Benefits $400,074
Fundraising Expenses $247,304
Program Expenses $7,848,792
Other Expenses $6,734,778
TOTAL EXPENSES $8,689,973

Year-over-Year Comparison

2024 2023 Change
Revenue $11,298,680 $15,881,296 -0.3%
Expenses $8,689,973 $9,659,536 -0.1%
Net Income $2,608,707 $6,221,760 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
19
Independent Members
19
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$0
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARCIA BARR BOARD MEMBER 1.00
Director
$0 $0 $0
THOMAS AKERS BOARD MEMBER 1.00
Director
$0 $0 $0
CINDY VISOT BOARD MEMBER 0.00
Director
$0 $0 $0
GARY CLARK BOARD MEMBER 0.00
Director
$0 $0 $0
MARCIA GALATAS BOARD MEMBER 1.00
Director
$0 $0 $0
BETH C EBBERMAN Secretary 1.00
Officer Director
$0 $0 $0
DAWN CANTRELL BOARD MEMBER 1.00
Director
$0 $0 $0
APRIL FORD JACKSON BOARD MEMBER 1.00
Director
$0 $0 $0
SHELBY P LASALLE JR BOARD MEMBER 1.00
Director
$0 $0 $0
TOBY CORTEZ PAST CHAIR 1.00
Officer Director
$0 $0 $0
BARRY LANDRY CHAIR ELECT 1.00
Officer Director
$0 $0 $0
WALLACE LEWIS BOARD MEMBER 1.00
Director
$0 $0 $0
MIKE SHARP BOARD MEMBER 1.00
Director
$0 $0 $0
DR JOHN POTEET BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT WATKINS BOARD MEMBER 1.00
Director
$0 $0 $0
TERRI LEBLANC BOARD MEMBER 1.00
Director
$0 $0 $0
JONATHAN WONG Chairman 1.00
Officer Director
$0 $0 $0
STEVE CORY Treasurer 1.00
Officer Director
$0 $0 $0
TONY VOLZ BOARD MEMBER 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $11,298,680 $8,689,973 $97,447,403 $2,608,707
2024 $15,881,296 $9,659,536 $86,030,137 $6,221,760
2023 $6,064,302 $4,264,790 $80,958,231 $1,799,512
2022 $6,564,775 $3,742,869 $74,066,659 $2,821,906
2021 $4,959,801 $2,635,882 $82,942,109 $2,323,919
2020 $4,567,391 $3,402,024 $64,277,138 $1,165,367
2019 $4,023,598 $2,430,308 $63,738,731 $1,593,290
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