Lsu Real Estate and Facilities Foundation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE LSU REAL ESTATE AND FACILITIES FOUNDATION'S MISSION IS TO PROMOTE THE EDUCATIONAL AND CULTURAL WELFARE OF LSU, AND TO DEVELOP, EXPAND AND IMPROVE THE LSU'S USEFULNESS TO THE CITIZENS OF LOUISIANA AND THE UNITED STATES OF AMERICA AND TO SUPPORT AND PROMOTE THE VALUE OF LSU BY PROVIDING STRATEGIC DIRECTION AND LEADERSHIP IN ALL AREAS OF FACILITIES MANAGEMENT, INCLUDING CAMPUS MASTER PLANNING, PROJECT DEVELOPMENT, REAL ESTATE TRANSACTIONS, DESIGN AND CONSTRUCTION, FACILITIES OPERATIONS, AND ENVIRONMENTAL HEALTH AND SAFETY, AND GENERALLY, TO EXPEND FUNDS FOR THE ESTABLISHMENT AND MAINTENANCE OF THIS CORPORATION AND FOR ANY AND ALL EXPENSES INCIDENTAL TO THE CONDUCT OF THE AFFAIRS OF THE CORPORATION AND TO SUPPORT THE LSU'S EFFORTS IN THE AREAS OF EMERGENCY PLANNING AND PREPAREDNESS, PUBLIC SAFETY OPERATIONS AND RECOVERY FROM DISASTERS THAT IMPACT THE UNIVERSITY'S FACILITIES.
- Income
- $20.4 million
- Spending
- $4.7 million
- Spent on programs
- 95%
- Reserves
- 97.3 months of spending
- Largest source of income
- donations and private grants, 93%
- Employees
- 0
- Volunteers
- 0
- Highest pay
- $445,250, president & ceo
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 86 out of 100. Higher than 83% of charities in its peer group (education, $10m to $100m).
Reserves
35 of 35Spendable reserves would cover 97.3 months of spending.
Debt
16 of 20It owes 28% of what it owns.
Living within its means
15 of 15Income exceeded spending by 77% of income.
Income trend
5 of 15Income fell 12% on the year before.
Spending floor
15 of 1595% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 95 out of 100. Higher than 45% of charities in its peer group (education, $10m to $100m).
Independent board
25 of 258 of 8 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- $2.1 million spent. DONATION OF THE HUEY P. LONG FIELDHOUSE RENOVATIONS, AND THE CHAMPION'S CORNER CONSTRUCTION PROJECT AT THE UNIVERSITY LABORATORY SCHOOL TO THE UNIVERSITY AND A PORTION OF THE GROUND LEASE RENT PAYMENT PAID BY CHARITY HOSPITAL REDEVELOPMENT LLC TO LSU HEALTH SCIENCE CENTER NEW ORLEANS RELATED TO THE REDEVELOPMENT PROJECT.
- $1.8 million spent. OPERATING EXPENSES INCURRED BY PILOTS POINTE, LLC FOR THE OPERATION OF STUDENT HOUSING NEXT TO LSU'S SHREVEPORT CAMPUS.
- $521,891 spent. NON-OPERATING EXPENSES, SUCH AS PAYMENTS TO AFFILIATES, DEPRECIATION AND INTEREST EXPENSES, INCURRED BY BENGAL VILLAGE, LLC AND PILOTS POINTE RELATED TO THE STUDENT HOUSING ON LSU'S EUNICE & SHREVEPORT CAMPUSES.
- $15,165 spent. OTHER PROGRAM SERVICES
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since December 2016.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.