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.
Executive compensation
Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Education organizations in Texas.
| Position | Total |
|---|---|
CEO 25th percentile to median | $38k $42k |
COO Below 10th percentile | $7k $8k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 25 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at Lamar University Foundation Inc equaled 0.6% of the organization's total expenses. The median for education organizations is 7%.
Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.
Funded by
Private foundations whose Form 990-PF Part XV grants matched this organization.
Up 14%
from 2022
From $33k in 2022 to $38k in 2023.
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay rose 14% from 2022 to 2023, while revenue rose 55%.
- Chief Operating Officer pay held roughly steady from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about Lamar University Foundation Inc
What does the Chief Executive Officer of Lamar University Foundation Inc earn?
In 2023, the Chief Executive Officer of Lamar University Foundation Inc received $38,208 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Education organizations in Texas, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at Lamar University Foundation Inc compare with similar nonprofits?
Compared with the same role at Education organizations in Texas, the 2023 pay of the Chief Executive Officer at Lamar University Foundation Inc falls between the 25th percentile and the median. In 2023, the highest total compensation at Lamar University Foundation Inc equaled 0.6% of the organization's total expenses. The median for education organizations is 7%.
What are Lamar University Foundation Inc's revenue and expenses?
In 2023, Lamar University Foundation Inc reported $14.3M in total revenue and $6.6M in total expenses on its IRS Form 990.
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