Lamar University Institute Of Technology Foundation in Beaumont, Texas (TX)

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Lamar University Institute Of Technology Foundation
Employer Identification Number (EIN)760588576
Name of OrganizationLamar University Institute Of Technology Foundation
AddressPO BOX 10085, Beaumont, TX 77710-0085
SubsectionCharitable Organization
Ruling Date01/2000
DeductibilityContributions are deductible
FoundationOrganization which operates for benefit of college or university and is owned or operated by a governmental unit
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period08/2012
Assets$1,000,000 to $4,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$2,056,680
Amount of Income$2,020,708
Form 990 Revenue Amount$437,458
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Undergraduate College (4-year)


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Amount of income in 2012: $2,020,708 (it was $1,272,809 in 2011)
Lamar University Institute Of Technology Foundation: 

 $2,020,708
Other organizations performing similar types of work: 

 $62,051,450

Assets in 2012: $2,056,680 (it was $1,650,360 in 2011)
This organization: 

 $2,056,680
Other organizations performing similar types of work: 

 $106,023,627

Financial snapshot ($)

Revenue for 2011

Support schedule

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$356,917
Contributions, Gifts, Grants and Other Similar Amounts$315,976
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$34,356
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$33,441
Gross amount from sales of assets other than inventory (Securities / Other)$922,477 / $0
Less: cost or other basis and sales expenses (Securities / Other)$889,036 / $0
Gain or (loss) (Securities / Other)$33,441 / $0
Net loss from fundraising events$-26,856
Gross income from fundraising events$0
Less: direct expenses$26,856
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2011)
Total functional expenses$77,527
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Other$77,527
Balance Sheet (for 2011)
Total assets$1,650,360
Total liabilities$0
Total net assets or fund balances$1,650,360
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:A federal, state, or local government or governmental unit described in section 170(b)(1)(A)(v)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2011)
2007 - 2011 Total
Total Support$1,207,175
Gifts, grants, contributions, and membership fees received$1,021,988
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$185,187
Gross receipts from related activities, etc.$34,356
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Swarthmore College500 College Ave, Swarthmore, PA 19081-1306PA1950-03$1,033,095,783
2Pomona College150 E Eighth St Pendleton Bldg 108, Claremont, CA 91711CA1954-12$800,260,729
3Amherst College TrusteesPO BOX 5000, Amherst, MA 01002-5000MA1933-08$708,268,667
4Trustees Of Grinnell College733 Broad St, Grinnell, IA 50112-2227IA1953-01$698,716,897
5Claremont-Mckenna College, Claremont Mckenna College445 S College Ave, Claremont, CA 91711-5342CA1948-10$595,554,814
6Davidson CollegePO BOX 7163, Davidson, NC 28035-7163NC1951-01$583,350,599
7Ithaca CollegePark 249 Ithaca College, Ithaca, NY 14850NY1938-05$480,166,707
8Wesleyan University212 College Street, Middleton, CT 06459CT1943-04$465,406,859
9Bowdoin College5400 College Sta, Brunswick, ME 04011-8445ME1935-06$452,425,000
10Vassar College124 Raymond Ave, Poughkeepsie, NY 12604-0001NY1938-04$446,304,767
11Rollins College1000 Holt Ave 2715, Winter Park, FL 32789-4499FL1932-01$407,551,161
12Southwestern University, The Pi Kappa Alpha Fraternity1001 E University Ave Box 7476, Georgetown, TX 78626TX1971-01$224,643,963
13Wayland Baptist University1900 W 7th St, Plainview, TX 79072-6900TX1946-06$82,906,953
14Texas Lutheran University1000 W Court St, Seguin, TX 78155-5978TX1961-11$65,884,754
15Lubbock Christian University560119th Street, Lubbock, TX 79407TX1956-12$39,134,544
16Mcmurry University1 Mcmurry Station Box 87, Abilene, TX 79697-0001TX1941-08$36,912,807
17Schreiner University2100 Memorial Blvd, Kerrville, TX 78028-5611TX1982-02$28,390,112
18Lon Morris College800 College Ave, Jacksonville, TX 75766-2930TX1950-01$23,501,747
19Paul Quinn College3837 Simpson St Rd, Dallas, TX 75241-4331TX1960-01$6,399,435
20Lamar University Institute Of Technology FoundationPO BOX 10085, Beaumont, TX 77710-0085TX2000-01$2,020,708
Number of organizations performing similar types of work
Alabama8
Arkansas8
California17
Connecticut5
District of Columbia1
Florida12
Georgia13
Iowa16
Idaho2
Illinois21
Indiana16
Kansas8
Kentucky10
Louisiana2
Massachusetts28
Maryland7
Maine6
Michigan14
Minnesota9
Missouri11
Mississippi5
Montana2
North Carolina18
North Dakota2
Nebraska6
New Hampshire7
New Jersey8
New Mexico4
Nevada1
New York33
Ohio26
Oklahoma3
Oregon3
Pennsylvania37
Rhode Island1
South Carolina10
South Dakota4
Tennessee12
Texas9
Virginia12
Vermont5
Washington2
Wisconsin11
West Virginia6
International2
Total443

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