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Thread: UL Foundation Report

  1. #1

    Default UL Foundation Report

    The UL Foundation annual report came out.

    UL Foundation Endowment:
    2023: $205M
    2024: $222M

    Funding, $6.7M total:
    Endowed Professorships: $2M
    Chairs: $2M
    Scholarship Funds: $2M
    Other: $577K

    Endowed Funds provided 3.4% of total UL budget.

    UL 'Together' Campaign: $453M raised (90% of $500M goal)
    Capital Support: $100M
    Dept/Program Support: $286M
    Scholarships/Student Support: $41M
    Faculty Support: $26M

    9 New Chairs (Including UL's 1st In Librarianship)
    48 New Endowed Professorships
    190 New Endowed Scholarships

    Name:  240630 UL Foundation.jpg
Views: 270
Size:  168.7 KB

  2. #2

    Default Re: UL Foundation Report

    Joel Fletcher established the SLI Foundation in 1957.

    The first Director of the USL Foundation was Marion Lartigue 'Tigue' Moore.

    In 1981, Ray Authément asked Alfred Lamson to raise $1M to boost the Foundation. (NB: Lamson was not an alumnus.) Alfred asked Ray for time to think about it.

    He came back a few days later and said, "No.

    "Small money is too difficult. Let's raise $10M"

    Peels of laughter could be heard coming from New Orleans... until Al raised it.

    At that point, Tulane & LSU both came to Lafayette to find out how he did it.

    We have been blessed by many people, on campus and off, with great vision for our University, and our community.


  3. #3

    Default Re: UL Foundation Report

    Quote Originally Posted by CajunFun View Post
    Joel Fletcher established the SLI Foundation in 1957.

    The first Director of the USL Foundation was Marion Lartigue 'Tigue' Moore.

    In 1981, Ray Authément asked Alfred Lamson to raise $1M to boost the Foundation. (NB: Lamson was not an alumnus.) Alfred asked Ray for time to think about it.

    He came back a few days later and said, "No.

    "Small money is too difficult. Let's raise $10M"

    Peels of laughter could be heard coming from New Orleans... until Al raised it.

    At that point, Tulane & LSU both came to Lafayette to find out how he did it.

    We have been blessed by many people, on campus and off, with great vision for our University, and our community.
    The best is yet to come.

    and great post by the way

  4. #4

    Default Re: UL Foundation Report

    Quote Originally Posted by CajunFun View Post
    The UL Foundation annual report came out.

    UL Foundation Endowment:
    2023: $205M
    2024: $222M

    Funding, $6.7M total:
    Endowed Professorships: $2M
    Chairs: $2M
    Scholarship Funds: $2M
    Other: $577K

    Endowed Funds provided 3.4% of total UL budget.

    UL 'Together' Campaign: $453M raised (90% of $500M goal)
    Capital Support: $100M
    Dept/Program Support: $286M
    Scholarships/Student Support: $41M
    Faculty Support: $26M

    9 New Chairs (Including UL's 1st In Librarianship)
    48 New Endowed Professorships
    190 New Endowed Scholarships

    Name:  240630 UL Foundation.jpg
Views: 270
Size:  168.7 KB
    We need another $800M

  5. Default Re: UL Foundation Report

    Quote Originally Posted by cajun4life View Post
    We need another $800M
    I'm working on it, baw. Give me some time.

  6. #6

    Default Re: UL Foundation Report

    Quote Originally Posted by Cajunrunner View Post
    I'm working on it, baw. Give me some time.
    Watch how fast it happens when we roll up into that 12 team playoff.

  7. Default Re: UL Foundation Report

    Why couldnt schools tax NIL? Or charge for parking at practice or books or something?

    Kind of like when everyone went berzerk when napier wanted the players to use their own money to join rcaf at a discounted rate, looking back that wasnt too bad of an idea and way ahead of its time


  8. Default Re: UL Foundation Report

    Quote Originally Posted by Swamp View Post
    Watch how fast it happens when we roll up into that 12 team playoff.
    Sunbelt probably has largest re-distribution pct of any league

  9. Default Re: UL Foundation Report

    Quote Originally Posted by R1Letterman View Post

    Kind of like when everyone went berzerk when napier wanted the players to use their own money to join rcaf at a discounted rate, looking back that wasnt too bad of an idea and way ahead of its time
    Media and fans of other programs laughed at him at the time. Then he put together two Top 20 seasons. Something 99.4% of the country, myself included, was impossible for UL Football.

  10. #10

    Default Re: UL Foundation Report

    Quote Originally Posted by R1Letterman View Post
    Sunbelt probably has largest re-distribution pct of any league
    Is the SBC gonna take a % of an all out Acadiana awakening.

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