Public Charity

LAMAR INSTITUTE OF TECHNOLOGY FOUNDATION

LAMAR INSTITUTE OF TECHNOLOGY FOUNDATION is a nonprofit organization categorized as Public Charity based in BEAUMONT, TX. Its most recent IRS filing (2025) reports revenue of $1.6M, expenses of $519K, total assets of $9.6M. Imperigo tracks 12 reported grant relationships connected to this organization totaling approximately $583K.

EIN: 760588576 BEAUMONT, TX Undergraduate Colleges NTEE: B42 Latest filing: 2025
Total Revenue$1.6M
Total Expenses$519K
Total Assets$9.6M
Grant Records12
Funding Total$583K
Filing Years2021–2025

Mission

MANAGEMENT OF THE ENDOWMENT FUNDS WHICH HAVE BEEN ESTABLISHED TO PROVIDE SCHOLARSHIPS FOR STUDENTS AT LAMAR INSTITUTE OF TECHNOLOGY. SERVE AS AN ADVISORY BOARD FOR THE INSTITUTE, A SOUNDING BOARD AND BOARD OF REVIEW. LISTEN TO THE LAMAR INSTITUTE OF TECHNOLOGY'S PLANS AND PROVIDE THEM WITH SUGGESTIONS ON HOW TO IMPROVE THE TRAINING THEY PROVIDE IN THIS REGION

Where $100 goes at Lamar Institute of Technology Foundation

How Lamar Institute of Technology Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$81 Programs the work itself
$19 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $81 for programs

$81
Manage the endowment funds which have been established to provide scholarships for students at lamar institute of technology
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR A B Bernard
DIRECTOR Anthony Toups
DIRECTOR Barry Mitchael
DIRECTOR Bill Harrington
DIRECTOR Clint Wilson
DIRECTOR Daryl Gilbert Sr

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$337,875 7 grants
General Support
$235,000 4 grants
Health & Medicine
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $1.6M $519K $9.6M
2024 $548K $747K $8.4M
2023 $644K $427K $7.7M
2022 $2.3M $321K $6.9M
2021 $861K $670K $7.5M

Between 2021 and 2025, reported annual revenue grew from $861K to $1.6M (+83%), with total assets most recently reported at $9.6M.

Interactive year-over-year charts and full filing details available with membership.

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