The Foundation serves as the preferred channel for private gifts to all areas of 91探花 to support its educational mission. By connecting alumni and friends to the University through stewardship, the 91探花 Foundation focuses on raising funds, distributing funds to 91探花 programs according to donor designations, and managing endowments. 91探花 Foundation is a Texas corporation established under Section 501(c)(3) of the Internal Revenue Code for educational or charitable purposes.
Although the University is a state-assisted institution, private philanthropy provides the funds necessary to attract and retain the finest students and faculty to Lamar, and provides much of the financial aid that many of our students need in order to reach their educational goals. Through endowments, planned gifts and special-purpose campaigns, the Foundation works closely with the University to generate private support from alumni and friends.
The Foundation supports funding campaigns for specific university priorities and provides central services to raise funds, manage assets, and administer gift accounts for the benefit of the University. To accomplish these activities the Foundation provides resources in planned giving and donor relations, and solicits contributions to benefit all programs within the University.
The 91探花 Foundation does not decide where funds are directed. Gifts to the University are usually donor-directed, meaning that the donors, with input from the University and Foundation, determine how and where their gifts are most needed. In this regard, the Foundation collaborates closely with the University and is deeply committed to assisting the University in accomplishing its strategic objectives.
The 91探花 Foundation supports and enhances 91探花 by encouraging the commitment of personal and financial resources to further the education of 91探花 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 91探花 Foundation manages the investments, serves as trustee of the endowment funds and other private assets contributed for the benefit of 91探花.
The 91探花 Foundation Board of Trustees is composed of up to 40 members committed to the success of 91探花 and the stewardship of the gifts managed through the Foundation.