The purpose of the LSU Foundation is to foster private financial support for LSU and A&M College. The Foundation encourages and receives capital gifts and bequests for the University, including both restricted and unrestricted gifts. The Foundation also manages most of the investments and serves as trustee for most of the endowed funds and other private assets contributed for the benefit of the University.
The Foundation’s development program supports the activities of LSU academic units by attracting contributions for scholarships, professorships, endowed chairs, library resources, computers and laboratory equipment, research studies, works of art, musical instruments, construction and renovation of facilities, and many other purposes that cannot be financed entirely with state funds.
Chartered in 1960, the LSU Foundation is a nonprofit, tax-exempt foundation composed of business, professional, and civic leaders concerned with the advancement of LSU.