Lock Haven University Foundation

Name

Lock Haven University Foundation

Legal name

Lock Haven University Foundation

Website

https://lhufoundation.org

Company type

Private

Founded year

1967

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Higher Education Philanthropy

NAICS

Grantmaking and Giving Services (81321), Grantmaking and Giving Services (8132), Religious, Grantmaking, Civic, Professional, and Similar Organizations (813)

akta.pro primary industry

Private Foundations (BPAGAKAA)

akta.pro secondary industries

College Access, Scholarships & Student Success Nonprofits (BPAGADAE), Scholarship & Fellowship Foundations and Trusts (EDADAHAC)

Keywords

• University foundation fundraising
• Scholarship administration services
• Planned giving programs
• Student housing operations
• Higher education philanthropy

Headquarters

HQ city

Lock Haven

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others, Infrastructure

Revenue model

1. Charitable Donations: The foundation receives outright gifts from donors including cash gifts, appreciated securities (stocks, bonds, mutual shares), and real estate donations.
2. Planned Giving: Deferred gifts including bequests through wills or trusts, charitable remainder unitrusts, charitable gift annuities, charitable lead trusts, beneficiary designations on retirement/investment accounts, and life insurance policies.
3. Housing Operations: Revenue from rental payments for Foundation Village student housing facilities at the Clearfield Campus.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

Lock Haven University Foundation is a 501c3 non-profit that generates and manages philanthropic resources for students at Commonwealth University-Lock Haven. It administers over 400 individually named scholarships, a nearly $13.5 million endowment, planned giving programs, donor recognition societies, and student housing facilities (Foundation Village and Evergreen Commons). It is the primary fundraising and scholarship administration arm for the university, sustaining student success through charitable gifts and community engagement.

Product overview

Lock Haven University Foundation is a 501c3 non-profit organization founded in 1967 that serves as the primary fundraising and scholarship administration arm for Commonwealth University-Lock Haven. The foundation operates as a unified platform offering multiple interconnected giving and student support services: The Haven Fund (annual giving), Scholarships (over 400 individually named awards), Planned Giving (deferred gift vehicles), Professional Experience Grants (PEGs), Giving Societies (1870, Evergreen, Ivy Lane recognition tiers), Legacy Society (planned giving recognition), and student Housing (Foundation Village and Evergreen Commons). The foundation manages a nearly $13.5 million endowment and over $27.5 million in overall assets, with annual fundraising exceeding $2.8 million in recent years.

Differentiator

Problem solved

Functional benefit

Products and services

• The Haven Fund The annual giving fund of the Lock Haven University Foundation that supports LHU students through scholarships, academic programs, athletic programs, emergency assistance, and unrestricted gifts. The fund is the foundation's primary vehicle for current-use donations, renamed from the Annual Fund in 2024.
• Scholarships Over 400 individually named scholarships and financial awards administered annually by the foundation to support student education at Commonwealth University-Lock Haven. Donor-funded scholarships help cover tuition and other college costs and are awarded to current and prospective LHU students.
• Planned Giving Deferred gift options offered to donors, including IRA rollovers, bequests through wills or trusts, charitable remainder unitrusts, charitable gift annuities, charitable remainder annuity trusts, charitable lead trusts, bargain sales, sale and unitrusts, life estate reserved, give it twice trusts, and beneficiary designation gifts on retirement/investment accounts and life insurance policies.
• Professional Experience Grants (PEGs) Grants provided by the foundation to help students obtain industry licenses and professional certifications, enabling career-ready skills development aligned with employer needs.
• Giving Societies Three annual giving societies named after campus landmarks — the 1870 Society, Evergreen Society, and Ivy Lane Society — recognizing donors at various giving levels with membership benefits and recognition.
• Legacy Society A giving society honoring alumni and friends who have made planned or deferred gift commitments to support the university's future through bequests, charitable trusts, gift annuities, pooled income funds, or life insurance.
• Foundation Village at Clearfield Campus A 36-bed apartment facility at the Clearfield Campus, offering four 4-bedroom suites and six 2-bedroom suite-style apartments. Units are fully furnished with high-speed internet, cable, washer/dryers, and on-site resident management. Rent is paid via money order, credit card, or check.
• Evergreen Commons An apartment-style student housing complex located a block from the university and downtown Lock Haven, featuring fully furnished units, high-speed internet, a resident lounge with fitness center, and a heated outdoor swimming pool.

Quantifiable outcome

• Over $2.8 million in new gifts and pledges generated during FY 2024-25
• +3 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Commonwealth University-Lock HavencoreStrategic or Co-development Partner · 1 January 1967The foundation's primary beneficiary partner is Commonwealth University-Lock Haven. Founded in 1967, the LHU Foundation is a 501c3 non-profit focused on generating and managing resources for students at the university. The foundation administers over 400 individually named scholarships and manages nearly $13.5 million in endowment funds for the university.

Scale indicators8 records

Recent moves6 records

Expansion highlights3 records

Direct peers

• Kutztown University Foundation: The Kutztown University Foundation supports Kutztown University, another PASSHE institution, performing the same fundraising, scholarship, and planned giving services for a comparable regional Pennsylvania public university.
• Edinboro University Foundation: The Edinboro University Foundation supports Edinboro University, another PASSHE institution with similar scale and regional positioning. It provides scholarships, planned giving, and annual fundraising programs comparable to LHUF.
• California University of Pennsylvania Foundation: The California University of Pennsylvania Foundation supports another PASSHE university with the same mix of annual giving, endowed scholarships, planned giving, and donor stewardship. It is a direct operational peer.
• Indiana University of Pennsylvania Foundation: The IUP Foundation supports Indiana University of Pennsylvania, another PASSHE institution, performing the same fundraising, scholarship administration, and endowment management function for a comparable mid-sized regional public university in Pennsylvania.
• Slippery Rock University Foundation: The SRU Foundation supports Slippery Rock University, another PASSHE institution. It administers scholarships, endowment funds, and donor programs with a similar scale and mission to LHUF.
• Bloomsburg University Foundation: The Bloomsburg University Foundation was merged alongside the Lock Haven University Foundation into the Commonwealth University system in 2022. It serves an identical function as a scholarship and fundraising foundation for a former PASSHE institution, making it the most structurally comparable peer.
• Mansfield University Foundation: Like LHUF, the Mansfield University Foundation was consolidated into Commonwealth University in 2022. It administers endowed scholarships and donor funds for Mansfield students, providing a near-identical operating model in the same university system.

Broad incumbents

• Penn State University Foundation: The Penn State Foundation supports Penn State, Pennsylvania's flagship public university, performing the same fundraising and endowment management function but at vastly greater scale (multi-billion dollar endowment). It illustrates the larger incumbent peer model in the same state.

Regional players

• Bucknell University Office of Development: Bucknell's development office supports a private liberal arts university in central Pennsylvania, performing scholarship fundraising and alumni engagement in a similar regional market but for a private (not public) institution.
• Susquehanna University Office of Advancement: Susquehanna's advancement office supports a private liberal arts university located near Lock Haven in central Pennsylvania. It competes with LHUF for the same regional alumni donor pool despite operating in the private higher education segment.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/lock-haven-university-foundation

Revenue estimate

Valuation estimate

Number of profiles

Profiles18 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about Lock Haven University Foundation