Liabilities / Assets
33rd percentile
Higher debt load relative to assets than 33% of similar nonprofits.
EIN 83-2155629 • 501(c)3 • Longview, TX
Profile
Utilizing a professional, biblically informed approach we serve as a guide to carefully designed estate and legacy plans that in their conveyed charitable intent expressly benefit letourneau university in its work of raising up men and women who see their life's work as a holy calling, making mission fields of every workplace in every nation.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
33rd percentile
Higher debt load relative to assets than 33% of similar nonprofits.
Liabilities / Revenue
90th percentile
Higher debt load relative to revenue than 90% of similar nonprofits.
Net Margin
83rd percentile
Higher net margin than 83% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
70th percentile
Faster asset growth than 70% of similar nonprofits.
Revenue Growth
2nd percentile
Faster revenue growth than 2% of similar nonprofits.
Assets
Up$65,798,391
Up $31,712,098 (+93%) from 2023
Liabilities
Up$23,383,993
Up $20,579,176 (+734%) from 2023
Net Assets
Up$42,414,398
Up $11,132,922 (+36%) from 2023
Revenue
Up$2,402,098
Up $1,403,489 (+141%) from 2023
Expenses
Up$978,804
Up $311,570 (+47%) from 2023
Net Income
Up$1,423,294
Up $1,091,919 (+330%) from 2023
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
Utilizing a professional, biblically informed approach we serve as a guide to carefully designed estate and legacy plans that in their conveyed charitable intent expressly benefit letourneau university in its work of raising up men and women who see their life's work as a holy calling, making mission fields of every workplace in every nation.
To support letourneau university
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $33,936,036 | $65,584,057 | ▲ $31,648,021 |
| Cash and Non-Interest-Bearing Accounts | $26,239 | $124,325 | ▲ $98,086 |
| Accounts Receivable | $80,088 | $76,975 | ▼ $3,113 |
| Land, Buildings, and Equipment, Net | $43,930 | $13,034 | ▼ $30,896 |
| Receivable From Disqualified Prsn | $0 | $0 | → $0 |
| Receivables From Officers Etc | $0 | $0 | → $0 |
| Investments Other Securities | $0 | - | - |
| Investments Program Related | $0 | - | - |
| Loans From Officers Directors | $0 | $0 | → $0 |
| Total Assets | $34,086,293 | $65,798,391 | ▲ $31,712,098 |
| Other Assets Total | $0 | $0 | → $0 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $21,804 | $22,666,979 | ▲ $22,645,175 |
| Other Liabilities | $2,783,013 | $717,014 | ▼ $2,065,999 |
| Total Liabilities | $2,804,817 | $23,383,993 | ▲ $20,579,176 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $25,019,655 | $35,422,294 | ▲ $10,402,639 |
| Net Assets With Donor Restrictions | $6,261,821 | $6,992,104 | ▲ $730,283 |
| Total Net Assets Fund Balance | $31,281,476 | $42,414,398 | ▲ $11,132,922 |
| Total Liabilities and Net Assets / Fund Balance | $34,086,293 | $65,798,391 | ▲ $31,712,098 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | $13,034 | $26,068 | $39,102 |
| Period | Beginning | Contrib. | Gain/Loss | Other Uses | End |
|---|---|---|---|---|---|
| 2023 | $27,831,294 | $6,984,113 | ▲ $3,923,178 | $513,120 | $37,458,704 |
| 2022 | $25,621,543 | $1,715,155 | ▲ $1,953,610 | $508,935 | $27,831,294 |
| 2021 | $28,532,915 | $2,216,191 | ▼ $4,220,285 | $13,614 | $25,621,543 |
| 2020 | $22,868,311 | $605,168 | ▲ $5,936,087 | $38,206 | $28,532,915 |
| 2019 | $22,054,828 | $682,371 | ▲ $611,314 | $92,653 | $22,868,311 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Thomas E Bevan | President (CEO) | FT | $147,500 | $24,871 | $172,371 |
| Name | Title |
|---|---|
| Daniel Difrancesco | Board Chairman |
| Dr Steven Mason | President, Letourneau Univ. |
| Bob Walker | Board Vice Chairman |
| John Ross | Director |
| Kenneth Moore | Director |
| Larry Mercer | Director |
| Roger Kieffer | Director |
| Jim Mauldin | Secretary/treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $636,707 |
| Salaries, Compensation, and Employee Benefits | $292,097 |
| Grants and Similar Amounts Paid | $50,000 |
| Total Fundraising Expense | $11,093 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Service Investment Mgmnt Fees | - | $439,736 | - | $439,736 |
| Current Officers, Directors, Trustees, and Key Employees | - | $172,371 | - | $172,371 |
| Fees for Services Other | $0 | $128,990 | $0 | $128,990 |
| Other Salaries and Wages | - | $85,583 | - | $85,583 |
| Grants to Domestic Orgs | $50,000 | - | - | $50,000 |
| Payroll Taxes | - | $17,620 | - | $17,620 |
| Other Employee Benefits | - | $16,523 | - | $16,523 |
| Office Expenses | - | $15,454 | - | $15,454 |
| Fees for Services Legal | - | $15,051 | - | $15,051 |
| Travel | - | - | $11,093 | $11,093 |
| Depreciation Depletion | - | $10,256 | - | $10,256 |
| Occupancy | - | $9,270 | - | $9,270 |
| Fees for Services Accounting | - | $3,800 | - | $3,800 |
| Advertising | - | $3,057 | - | $3,057 |
| Total Functional Expenses | $50,000 | $917,711 | $11,093 | $978,804 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| LeTourneau University | Longview, TX | 501(c)(3) | General Funding | $50,000 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Loans from Officers, Directors, Trustees, and Key Employees | $0 | $0 | → $0 |
| Receivables from Disqualified Persons | $0 | $0 | → $0 |
| Receivables from Officers, Directors, Trustees, and Key Employees | $0 | $0 | → $0 |
| Liability | Amount |
|---|---|
| Annuities and Trusts Payable | $717,014 |
“A majority of the board members are appointed by letourneau university, acting through its trustees, or a committee of persons delegated such authority by the trustees.”
“Letourneau university trustee representation on the foundation board of directors serves as the university's voice on all governance decisions of the foundation.”
“The form 990 is prepared by the organization's controller and their independent accounting firm. The form is then reviewed by management. A copy is provided to the full board before submission to the irs.”
“A conflict of interest questionnaire is completed annually by all board members as well as executive staff employees and all employees with significant purchasing authority. All written notices of disclosures are reviewed by management. All disclosures of real or apparent conflict of interest shall be communicated to the board of directors. An employee who believes that he or she or a member of his or her family might have a real or apparent conflict of interest must abstain from: participating in discussions or deliberations with respect to the subject of the conflict, using his or her personal influence to affect deliberations, making motions, voting, executing agreements, or taking similar actions on behalf of the organizations where the conflict of interest might pertain.”
“The president's (ceo) compensation is determined in collaboration between the governing bodies of the foundation and letourneau university. The governing bodies use comparability data and amounts are deliberated and recorded in the minutes.”
“The letourneau university foundation keeps its governing documents, conflicts of interest policy, and financial statements on site and are available to the public upon request.”
“Other Fees - Total Expense: 128990, Program Service Expense: , Management and General Expenses: 128990, Fundraising Expenses: ;”
“Change in Split Interest Agreement - -22816; Transfer to University - 6325993; Change in Annuity - 3224;”
“Management has evaluated their income tax positions under the guidance included in asc 740. Based on their review, management has not identified any material uncertain tax positions to be recorded or disclosed in the financial statements.”
“The endowment funds are held exclusively for the benefit of letourneau university.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 21804 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 22666979 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 80088 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 76975 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | TO SUPPORT LETOURNEAU UNIVERSITY |
| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 3057 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 3057 |
| IRS990/AllOtherContributionsAmt | 0 | 4740 |
| IRS990/AllOtherExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 0 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BenefitsToMembersGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/BenefitsToMembersGrp/TotalAmt | 0 | 0 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | SHARED LOCATION |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 9032334110 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 2100 SOUTH MOBBERLY AVE |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | LONGVIEW |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 75602 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 26239 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 124325 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 172371 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 172371 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | true |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 4740 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 50000 |
| IRS990/CYInvestmentIncomeAmt | 0 | 2095879 |
| IRS990/CYOtherExpensesAmt | 0 | 636707 |
| IRS990/CYOtherRevenueAmt | 0 | 301 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 301178 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 1423294 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 292097 |
| IRS990/CYTotalExpensesAmt | 0 | 978804 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 11093 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 2402098 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | true |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 10256 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 10256 |
| IRS990/Desc | 0 | IN FULFILLMENT OF OUR MISSION, WE HAVE ENGAGED NUMEROUS LETOURNEAU UNIVERSITY ALUMNI AND CONSTITUENCY, AND ASSISTED THEM IN THE COMPLETION OF THEIR LEGACY PLANNING. IN SERVICE TO THEIR STATED WISHES IN THOSE ESTATE AND LEGACY PLANS, WE HAVE THEN CONSULTATIVELY ARRIVED AT LEGACY GIFT DESIGNS THAT INURE TO THE BENEFIT OF LETOURNEAU UNIVERSITY - SOME THROUGH OUTRIGHT TESTAMENTARY BEQUESTS; OTHERS BY MEANS OF THE REMAINDER INTEREST FOR THE UNIVERSITY IN CHARITABLE SPLIT INTEREST IRREVOCABLE TRUSTS. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 6261821 |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 6992104 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | true |
| IRS990/ElectionOfBoardMembersInd | 0 | true |
| IRS990/EmployeeCnt | 0 | 3 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 50000 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 3800 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 3800 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 15051 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 15051 |
| IRS990/FeesForServicesOtherGrp/FundraisingAmt | 0 | 0 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 128990 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 128990 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt | 0 | 439736 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 439736 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 3.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 2 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 3 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 4 | 59.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 5 | 3.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 6 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 7 | 3.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 8 | 3.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 50.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 24871 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 24611 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | BOB WALKER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | DANIEL DIFRANCESCO |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | JIM MAULDIN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | THOMAS E BEVAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | DR STEVEN MASON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | JOHN ROSS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | KENNETH MOORE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | LARRY MERCER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | ROGER KIEFFER |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 147500 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 348065 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | BOARD VICE CHAIRMAN |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | BOARD CHAIRMAN |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | SECRETARY/TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | PRESIDENT (CEO) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | PRESIDENT, LETOURNEAU UNIV. |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 2018 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GainOrLossGrp/OtherAmt | 0 | -3140 |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | 447945 |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 9 |
| IRS990/GrantAmt | 0 | 50000 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 50000 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 50000 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | true |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt | 0 | 2741482 |
| IRS990/GrossReceiptsAmt | 0 | 4698775 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 7 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 1651074 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 1651074 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt | 0 | 0 |
| IRS990/InvestmentsProgramRelatedGrp/BOYAmt | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 33936036 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 65584057 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 26068 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 43930 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 13034 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 39102 |
| IRS990/LegalDomicileStateCd | 0 | TX |
| IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt | 0 | 3140 |
| IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt | 0 | 2293537 |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LoansFromOfficersDirectorsGrp/BOYAmt | 0 | 0 |
| IRS990/LoansFromOfficersDirectorsGrp/EOYAmt | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MiscellaneousRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 0 |
| IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/MissionDesc | 0 | UTILIZING A PROFESSIONAL, BIBLICALLY INFORMED APPROACH WE SERVE AS A GUIDE TO CAREFULLY DESIGNED ESTATE AND LEGACY PLANS THAT IN THEIR CONVEYED CHARITABLE INTENT EXPRESSLY BENEFIT LETOURNEAU UNIVERSITY IN ITS WORK OF RAISING UP MEN AND WOMEN WHO SEE THEIR LIFE'S WORK AS A HOLY CALLING, MAKING MISSION FIELDS OF EVERY WORKPLACE IN EVERY NATION. |
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| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | THE ENDOWMENT FUNDS ARE HELD EXCLUSIVELY FOR THE BENEFIT OF LETOURNEAU UNIVERSITY. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Schedule D, Part X, Line 2 ASC 740 Footnote |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Schedule D, Part V, Line 4 Intended uses of endowment funds |
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| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 0 | 501(c)(3) |
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| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 0 | PO Box 7001 |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 0 | Longview |
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| IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt | 0 | THE LETOURNEAU UNIVERSITY FOUNDATION IS A SUPPORTING ORGANIZATION FOR LETOURNEAU UNIVERSITY, A RELATED 501(C)(3) ORGANIZATION. DUE TO THE NATURE OF THE RELATIONSHIP, NO MONITORING OF FUNDS REQUIRED. |
| IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. |
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| IRS990ScheduleJ/InitialContractExceptionInd | 0 | false |
| IRS990/ScheduleJRequiredInd | 0 | true |
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