What is the foundation relationship to LSU?

LSU Foundation is a private nonprofit organization supporting Louisiana State University through fundraising and endowment management. The foundation operates independently but works closely with university administration. The organization is governed by a board of directors including LSU Board of Supervisors representatives ensuring alignment with institutional priorities.

How large is the foundation endowment?

The foundation reported total assets of $922 million in 2021 representing endowment and other holdings. Annual revenue reached $81.9 million that year though the organization recorded $173.9 million in revenue reflecting major gift activity. The endowment generates investment returns supporting university operations, scholarships, and programs.

What programs does the foundation support?

The foundation provides general support for university operations, funds the university lab school foundation, administers scholarship programs, and supports special projects across academic departments. Grants include support for the law school and various funds designated by donors. The organization employs 187 staff members coordinating fundraising and program administration.

Who leads the foundation?

Robert M. Stuart Jr. serves as LSU Foundation President and CEO overseeing operations. The foundation is governed by a board of directors with Beau Fournet serving as board chairperson. Elizabeth H. Ronn serves as chairperson-elect. The organization maintains offices in Baton Rouge coordinating Louisiana State University fundraising efforts.

L S U Foundation

Baton Rouge, LA · Founded 1963

University foundation supporting Louisiana State University

Primary audience

Students

Work area

Higher Education

Topic

University Support

Contact

Robert M Stuart Jr

Website Contact

About Organization

Based in Baton Rouge, LA, Provides philanthropic support for Louisiana State University by managing endowment funds, soliciting donations, and administering scholarships and grants. The foundation works to advance the university's mission through private giving, stewarding donor relationships and ensuring that gifts support academic excellence, research, student success, and campus development initiatives.

What They Focus On

Endowment Growth

Raises private support and manages investments building endowment to $922 million supporting university operations.

Student Support

Administers scholarship programs enabling access to Louisiana State University education for qualified students.

Academic Excellence

Funds programs, facilities, and initiatives across university departments advancing educational mission.

Financial Information

Form 990 data showing organizational financial health and growth.

Revenue (2021)

$81.9M

-52.9% vs 2021

Assets (2021)

$921.9M

+11.6% vs 2021

Year	Revenue	Expenses	Assets	Employees
2021	—	—	—	—
2021	$173,876,806	$48,702,677	$825,892,605	187
2020	—	—	—	—
2020	$72,730,367	$42,757,228	$804,249,383	229
2019	$64,814,717	$48,658,847	$667,744,086	167
2018	$61,243,606	$46,854,439	$660,756,126	161
2017	$68,823,004	$44,294,840	$662,855,981	143

Source: IRS Form 990 filings. All figures in USD.

01

Fundraising

Foundation staff cultivate donor relationships raising private support from alumni and benefactors.
02

Asset Management

Investment professionals manage endowment funds generating returns supporting university operations.
03

Fund Distribution

Foundation allocates resources to scholarships, academic programs, and strategic initiatives.
04

Impact Reporting

Staff track outcomes and communicate donor impact supporting continued philanthropic engagement.

Programs and Initiatives

Services and programs offered by L S U Foundation

Endowment Management

Manages $922 million in assets supporting university operations through investment returns and distributions.

Scholarship Programs

Administers scholarship funds enabling student access to Louisiana State University education.

Academic Support

Provides funding for academic programs, facilities, and initiatives across university departments.

Team & Leadership

Meet the people behind L S U Foundation.

Contact the team Contact

Robert M Stuart Jr

President & CEO

Full-time

Compensation: $361,218

Kate Spikes

Chief Financial Officer

Full-time

Compensation: $210,555

Kelin Queen

Interim Crm Conversion Director

Full-time

Compensation: $133,550

Lindsey Romanowsky

Senior Director Of Development

Full-time

Compensation: $129,496

Rachel Veron

Director Of Business Intelligence

Full-time

Compensation: $120,588

Kate Spikes

CFO

Krista Allen Raney

Senior VP Of Development

Full-time

Compensation: $207,763

Leu Anne Greco

VP & General Counsel

Full-time

Compensation: $180,025

Sonja Yvette Marsh

Assistant VP Of Talent Management

Full-time

Compensation: $170,970

Sara Whittaker

Avp - Communications & Marketing

Full-time

Compensation: $141,762

Paige Carter

Exec Dir - Industry Engagement

Full-time

Compensation: $135,578

Frank W Billy Harrison III

Chairperson

3 hrs/week

Milestones

1963

IRS Recognition

1963

Organization received tax-exempt status establishing foundation for university fundraising operations.

2017

Growth Phase

2017

Revenue reached $68.8 million with 143 employees managing university support activities.

2020

Asset Growth

2020

Annual revenue reached $72.7 million with 229 staff reflecting expanded operations.

2021

Major Campaign

2021

Revenue surged to $173.9 million with 187 employees and assets grew to $922 million.

Associated People

Board members, advisors, and key contributors

Board of Directors

Anil Punyapu Director 1.00 hrs/week

Antonio Lucio Director 1.00 hrs/week

Beau Fournet Director 1.50 hrs/week

Bradie James Director 1.00 hrs/week

Charles Landry Director 1.00 hrs/week

Christel Slaughter Director 1.00 hrs/week

Clarence Cazalot Immediate Past Chair 1.50 hrs/week

Deborah Elam Director 1.50 hrs/week

Dr George E Robinson III Director 1.50 hrs/week

Dr Mary T Neal Director 1.50 hrs/week

Elizabeth Ronn Director 1.50 hrs/week

Jeffrey Springmeyer Director 1.00 hrs/week

John Engquist Director 1.00 hrs/week

Jyric Sims Treasurer 1.50 hrs/week

Laura Dauzat Corporate Secretary 1.50 hrs/week

Lori Garrison Director 1.00 hrs/week

Mark Anderson Director 1.00 hrs/week

Mark Sutton Director 1.00 hrs/week

Marty Phillips Director 1.00 hrs/week

Mike Wampold Director 1.00 hrs/week

Rhoman Hardy Director 1.00 hrs/week

Robert Reeves Director 1.00 hrs/week

Roger Jenkins Chair-Elect 1.50 hrs/week

Roger Ogden Director 1.00 hrs/week

Sarah Borders Director 1.00 hrs/week

Scott Brakebill Director 1.00 hrs/week

Sean Reilly Director 1.00 hrs/week

Suzette Kent Director 1.50 hrs/week

T Cass Gaiennie Director 1.00 hrs/week

Thomas J Adamek Director 1.00 hrs/week

Information compiled from IRS Form 990 and organizational materials.

Executive Compensation

Top compensated officers & key employees from IRS Form 990

Total Reported (2021)

$2.0M

Highest Paid

$379K

Robert M Stuart JR

Compensated Officers

Name	Title	Base	Other	Total	Hrs/Wk
Robert M Stuart JR	President & CEO	$361,218	$18,169	$379,387	40
Kate Spikes	Chief Financial Officer	$210,555	$28,846	$239,401	40
Krista Allen Raney	Senior VP Of Development	$207,763	$27,838	$235,601	40
Leu Anne Greco	VP & General Counsel	$180,025	$16,991	$197,016	40
Sonja Yvette Marsh	Assistant VP Of Talent Management	$170,970	$11,353	$182,323	40
Sara Whittaker	AVP - Communications & Marketing	$141,762	$24,901	$166,663	40
Paige Carter	EXEC DIR - Industry Engagement	$135,578	$14,522	$150,100	40
Lindsey Romanowsky	Senior Director Of Development	$129,496	$19,379	$148,875	40
Kelin Queen	Interim Crm Conversion Director	$133,550	$7,666	$141,216	40
Rachel Veron	Director Of Business Intelligence	$120,588	$17,633	$138,221	40

Name	Title	Base	Other	Total	Hrs/Wk
J Bryan Benchoff	President & CEO Through 12/31/2019	$312,114	—	$312,114	—
Robert M Stuart JR	President & CEO As Of 1/1/2021	$282,750	$15,897	$298,647	40
Kate Spikes	CFO	$194,899	$23,564	$218,463	40
Krista Allen Raney	VP Development As Of 4/6/2020	$178,776	$22,356	$201,132	40
Leu Anne Greco	VP & General Counsel	$169,961	$15,408	$185,369	40
Sonja Yvette Marsh	Senior Director Of Talent Management	$164,862	$10,993	$175,855	40
Daniel Bozard	VP Development Through 4/5/2020	$155,897	$16,232	$172,129	0.01
Adrian Owen	AVP Of Adv Services	$159,896	$9,975	$169,871	40
Sara Whittaker	ASST VP Of Communications & Marketing	$134,299	$20,242	$154,541	40
Andre Greene	Controller	$129,154	$10,932	$140,086	40
Rachel Veron	Director Of Analytics	$120,929	$12,367	$133,296	40
Paige Carter	Director Of Industry Engagement	$118,435	$11,814	$130,249	40

Name	Title	Base	Other	Total	Hrs/Wk
J Bryan Benchoff	Ex Officio Director;President & CEO Until 12/31/19	$343,770	$42,872	$386,642	40
Kate Spikes	CFO	$204,755	$22,997	$227,752	40
Ann Marie Marmande-Frenzel	SR VP Principal Gifts	$195,502	$19,930	$215,432	40
Daniel Bozard	VP Of Development	$188,879	$22,693	$211,572	40
Alexander Mcdermott	Director Of Investments	$177,095	$21,823	$198,918	40
Leu Anne Greco	VP & General Counsel	$173,854	$15,398	$189,252	35
S Yvette Marsh	EXEC DIR Talent Management	$173,270	$11,163	$184,433	40
Adrian Owen	AVP Advancement Services	$161,666	$9,880	$171,546	40
Krista Allen Raney	AVP Of DEV Thru 2/20/VP Of DEV 3/20	$151,348	$19,912	$171,260	40
Sara Whittaker	AVP Communications And Marketing	$139,013	$19,811	$158,824	40

Name	Title	Base	Other	Total	Hrs/Wk
J Bryan Benchoff	President & CEO	$331,392	$50,959	$382,351	40
Ann Marie Marmande-Frenzel	SR VP Principal Gifts	$189,338	$19,154	$208,492	40
Daniel Bozard	VP Of Development	$175,146	$18,327	$193,473	40
Alexander Mcdermott	Director Of Investments	$169,282	$20,840	$190,122	40
Leu Anne Greco	VP & General Counsel	$168,811	$12,312	$181,123	35
Kate Spikes	CFO	$158,119	$19,189	$177,308	40
S Yvette Marsh	SR DIR Talent Management	$163,058	$10,816	$173,874	40
Gina M Dugas	CFO Through 7/19/2018	$146,260	$10,962	$157,222	40
Krista Allen Raney	Director Of Development	$136,642	$15,182	$151,824	40
James Convington	Senior Director Of Development	$124,284	$18,094	$142,378	40
Anne Elizabeth Schmitz	Senior Donor Relations Director	$119,538	$3,150	$122,688	40

Name	Title	Base	Other	Total	Hrs/Wk
Gina M Dugas	Chief Financial Officer	$229,507	$19,155	$248,662	40
Ann Marie Marmande-Frenzel	SR VP Principal Gifts	$182,289	$19,364	$201,653	40
J Bryan Benchoff	President & CEO	$169,549	$12,218	$181,767	40
Daniel Bozard	VP Of Development	$158,195	$22,779	$180,974	40
Leu Anne Greco	VP & General Counsel	$167,522	$12,881	$180,403	40
Alexander Mcdermott	Director Of Investments	$153,341	$19,734	$173,075	40
Raychel Roy	AVP Advancement Services	$142,725	$21,452	$164,177	40
S Yvette Marsh	SR DIR Talent Management	$151,047	$9,629	$160,676	40
Justin Farr	DIR Of Information Services	$129,899	$18,188	$148,087	40
Kate Spikes	AVP Financial Services	$126,506	$20,716	$147,222	40
Daniel T Layzell Thru 71617	Interim President & CEO	$65,000	—	$65,000	40

Source: IRS Form 990 filings. Compensation includes base and other reported compensation.

Partners & Funders

Grant funding relationships from IRS Form 990 filings

$21.9M Grants Received

27 Organizations

Top Funders

27 total

Louisiana Children's Medical Center

$15.9M

The Chicago Community Trust 2 grants

$1.5M

Baton Rouge Area Foundation

$1.2M

Ochsner Clinic Foundation

$875K

Morgan Stanley Global Impact Funding Trust Inc. 3 grants

$601K

Fidelity Investments Charitable Gift Fund

$485K

The Ayco Charitable Foundation

$242K

Petco Love

$205K

American Online Giving Foundation Inc.

$156K

Community Foundation of Acadiana

$134K

+17 more funders

Louisiana Children's Medical Center The Chicago Community Trust Baton Rouge Area Foundation Ochsner Clinic Foundation Morgan Stanley Global Impact Funding Trust Inc. Fidelity Investments Charitable Gift Fund The Ayco Charitable Foundation Petco Love American Online Giving Foundation Inc. Community Foundation of Acadiana International Council Of Shopping Deloitte Foundation American Endowment Foundation Strada Education Foundation Inc. Charities Aid Foundation America Raymond James Charitable Endowment Fund Louisiana Farm Bureau Federation The Greater New Orleans Foundation Bella Bowman Foundation Inc. Louisiana Veterinary Medical Association American Chemical Society Community Foundation Of Southwest Communities Of Coastal Georgia Arkansas Community Foundation Inc. Friends Of The New Orleans Public Library Natl Christian Charitable Fdn Inc. Northshore Community Foundation

Source: IRS Form 990 Schedule I filings. Amounts may span multiple tax years.

Contact

Get in touch with L S U Foundation

Email

[email protected]

Phone

(225) 578-3811

Social

Visit Website

3796 Nicholson Drive Baton Rouge, LA 70802

L S U Foundation

What They Focus On

Financial Information

How They Work

Fundraising

Asset Management

Fund Distribution

Impact Reporting

Programs and Initiatives

Endowment Management

Scholarship Programs

Academic Support

Team & Leadership

Robert M Stuart Jr

Kate Spikes

Kelin Queen

Lindsey Romanowsky

Rachel Veron

Kate Spikes

Krista Allen Raney

Leu Anne Greco

Sonja Yvette Marsh

Sara Whittaker

Paige Carter

Frank W Billy Harrison III

Milestones

IRS Recognition

Growth Phase

Asset Growth

Major Campaign

Associated People

Board of Directors

Executive Compensation

Partners & Funders

Top Funders

Contact

Email

Phone

Social