SOUTHERN UNIVERSITY SYSTEM FOUNDATION

BATON ROUGE, LA, 70813-0001 (225) 771-3911 Est. 1970 EIN 23-7052911

B43I— Education Form 990 501(c)(3)

FOUNDATION.SUS.EDU

Mission

THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO PROMOTE THE EDUCATIONAL AND CULTURAL WELFARE OF SOUTHERN UNIVERSITY AND A&M COLLEGE SYSTEM AND TO PROVIDE ADDITIONAL RESOURCES FOR THE BENEFIT OF THE UNIVERSITY SYSTEM, TO ENCOURAGE, SOLICIT, RECEIVE, AND ADMINISTER GIFTS AND REQUEST OF PROPERTY AND FUNDS FOR SCIENTIFIC, EDUCATIONAL AND CHARITABLE PURPOSES, ALL FOR THE ADVANCEMENT OF THE SOUTHERN UNIVERSITY SYSTEM.

Financials

Total Revenue

$21,014,026

Total Expenses

$13,665,213

Net Assets

$30,639,545

3 employees

From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve

2.2 years Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 24.4%

Expenses ↑ 0.9%

Revenue Sources

Contributions 82.3% Earned revenue 8.1% Investment 0.1% Other 9.0%

Expense Breakdown

Program 51.3% Management 43.2% Fundraising 5.5%

Officers & Key Employees (20)

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Grants Received (104)

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Filing History (5 filings)

Year	Revenue	Expenses	Net Assets
2024 Form 990	$21,014,026 ↑	$13,665,213	$30,639,545
2023 Form 990	$16,885,744 ↓	$13,537,806	$24,738,959
2022 Form 990	$17,078,446 ↑	$12,374,923	$21,391,021
2019 Form 990	$11,498,515 ↑	$11,598,056	$9,186,288
2018 Form 990	$9,619,256	$7,346,661	$8,902,632