Frequently Asked Questions

What is an endowed gift?

Endowment gifts are maintained in perpetuity, meaning they are maintained forever by the foundation. They are pooled for investment purposes, and the returns earned on these investments are distributed each year to benefit the area the donor has designated.

How are my gifts to the University's Annual Fund being used?

Your gifts to the University's Annual Fund will provide academic scholarships, fifth-year student support, student retention resources, graduate student stipends, classroom and lab improvements and faculty enrichment and support.

Can I name a non-endowed fund?

A naming opportunity is available to donors who wish to make a non-endowed gift to support scholarships, faculty development funds or other areas of the University on an annual basis, provided the annual gift is $500 or more.

Are my gifts tax deductible?

Yes, gifts to the UL Lafayette Foundation are fully tax deductible to the extent allowed by law. All donors will receive a receipt by mail, which can be used to claim an itemized deduction on your tax return.

Who governs the UL Foundation?

The UL Lafayette Foundation Board of Trustees is comprised of more than 30 alumni and non-alumni members with overall responsibility for the management of the Foundation. Trustees with diverse backgrounds, organizational and financial skills voluntarily serve to help the Foundation and UL Lafayette prosper. UL Lafayette President, Dr. E. Joseph Savoie, is also a member of the Foundation’s board.

What is the Foundation Honor Roll?

The Foundation Honor Roll is the unrestricted revenue source provided through the Board of Trustees and friends of the organization. This revenue stream allows the Foundation to continue its mission and support the University. Contributions to the Honor Roll are also included in overall campaign dollars raised. 

impact_message  
impact_title Support UL Lafayette with a Monthly Gift.
impact_summary The gift occurs on the 15th of every month.
give_amounts 20,50,100,500
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