FURP.ORG / PUBLIC DATA EXPLORER

LSU REAL ESTATE AND FACILITIES FOUNDATION: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
LSU REAL ESTATE AND FACILITIES FOUNDATION (EIN 81-2900408)
Tax period
2022-07-01 to 2023-06-30
Filed
2024-05-14
IRS object ID
202401359349304705
Schema version
2022v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-05-14T10:40:14-05:00ReturnTs
Tax Period End2023-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN923320348PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1EAG GULF COAST LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line18550 UNITED PLAZA BLVD SUITE 1001AddressLine1Txt
CityBATON ROUGECityNm
State AbbreviationLAStateAbbreviationCd
ZIP70809ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN812900408EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LSU REAL ESTATE AND FACILITIESBusinessNameLine1Txt
Business Name Line2FOUNDATIONBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlLSURBusinessNameControlTxt
Phone2255783811PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13796 NICHOLSON DRIVEAddressLine1Txt
CityBATON ROUGECityNm
State AbbreviationLAStateAbbreviationCd
ZIP70802ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKATE SPIKESPersonNm
Person TitleTREASURERPersonTitleTxt
Phone2255784165PhoneNum
Signature2024-05-13SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstKATEPersonFirstNm
Person LastSPIKESPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBRANDON LAGARDEPreparerPersonNm
PTINP01428217PTIN
Phone2259224600PhoneNum
Preparation2024-05-06PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerROBERT M STUART JRPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line13796 NICHOLSON DRIVEAddressLine1Txt
CityBATON ROUGECityNm
State AbbreviationLAStateAbbreviationCd
ZIP70802ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$6,124,514GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.LSUFOUNDATION.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2016FormationYr
Legal Domicile StateLALegalDomicileStateCd
Activity Or MissionTHE LSU REAL ESTATE AND FACILITIES FOUNDATION ENCOMPASSES ALL AREAS OF FACILITIES DEVELOPMENT, INCLUDING CAMPUS MASTER PLANNING, PROJECT DEVELOPMENT, REAL ESTATE TRANSACTIONS, DESIGN AND CONSTRUCTION AND FACILITIES OPERATIONS, AS WELL AS ACTIVITIES PROMOTING ENVIRONMENTAL HEALTH AND SAFETY, EMERGENCY PREPAREDNESS AND DISASTER RECOVERY THAT IMPACT LSU'S FACILITIES.ActivityOrMissionDesc
Voting Members Governing Body7VotingMembersGoverningBodyCnt
Voting Members Independent7VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$4,799,844CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$44,029PYInvestmentIncomeAmt
CY Investment Income$295,947CYInvestmentIncomeAmt
PY Other Revenue$1,035,724PYOtherRevenueAmt
CY Other Revenue$1,028,723CYOtherRevenueAmt
PY Total Revenue$1,079,753PYTotalRevenueAmt
CY Total Revenue$6,124,514CYTotalRevenueAmt
PY Grants And Similar Paid$1,715,199PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$643,295CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$2,129,620PYOtherExpensesAmt
CY Other Expenses$2,371,374CYOtherExpensesAmt
PY Total Expenses$3,844,819PYTotalExpensesAmt
CY Total Expenses$3,014,669CYTotalExpensesAmt
PY Revenues Less Expenses-$2,765,066PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$3,109,845CYRevenuesLessExpensesAmt
Total Assets BOY$24,587,647TotalAssetsBOYAmt
Total Assets EOY$27,277,819TotalAssetsEOYAmt
Total Liabilities BOY$11,534,437TotalLiabilitiesBOYAmt
Total Liabilities EOY$11,114,756TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$13,053,210NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$16,163,063NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE LSU REAL ESTATE AND FACILITIES FOUNDATION ENCOMPASSES ALL AREAS OF FACILITIES DEVELOPMENT, INCLUDING CAMPUS MASTER PLANNING, PROJECT DEVELOPMENT, REAL ESTATE TRANSACTIONS, DESIGN AND CONSTRUCTION AND FACILITIES OPERATIONS, AS WELL AS ACTIVITIES PROMOTING ENVIRONMENTAL HEALTH AND SAFETY, EMERGENCY PREPAREDNESS AND DISASTER RECOVERY THAT IMPACT LSU'S FACILITIES.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$125,000ExpenseAmt
Grant$125,000GrantAmt
DescTHE PORTION OF THE GROUND LEASE RENT PAYMENT PAID BY CHARITY HOSPITAL REDEVELOPMENT LLC TO LSU HEALTH SCIENCES CENTER NEW ORLEANS RELATED TO THE REDEVELOPMENT PROJECT.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$1,600,012ExpenseAmt
DescOPERATING EXPENSES INCURRED BY PILOTS POINTE, LLC FOR THE OPERATION OF STUDENT HOUSING NEXT TO LSU'S SHREVEPORT CAMPUS.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$551,477ExpenseAmt
DescNON-OPERATING EXPENSES, SUCH AS DEPRECIATION AND INTEREST EXPENSES, INCURRED BY BENGAL VILLAGE, LLC RELATED TO THE STUDENT HOUSING ON LSU'S EUNICE CAMPUS.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$685,715ExpenseAmt
Grant$518,295GrantAmt
DescOTHER EXPENDITURES - PREDOMINATELY MISCELLANEOUS EXPENSES INCURRED BY PILOTS POINTE, LLC FOR OPERATING EXPENSES OF STUDENT HOUSING NEXT TO LSU'S SHREVEPORT CAMPUS.Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$685,715TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$518,295TotalOtherProgSrvcGrantAmt
Total Program Service Expenses$2,962,204TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members7GoverningBodyVotingMembersCnt
Independent Voting Member7IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LSU FOUNDATION CO KATE SPIKESBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2255783811PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13796 NICHOLSON DRIVEAddressLine1Txt
CityBATON ROUGECityNm
State AbbreviationLAStateAbbreviationCd
ZIP70802ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (13 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
CHARLES LANDRY
CHAIRMAN (7/1/2022 - 12/31/2022)3.001.00Yes (X)Yes (X)$0$0$0
GARY GRAPHIA
DIRECTOR (7/1/2022 - 9/28/2022)1.00Yes (X)$0$0$0
JAMES MAURIN
DIRECTOR1.00Yes (X)$0$0$0
KAREN DEBLIEUX
DIRECTOR;CHAIRMAN (1/1/2023-PRESENT)3.00Yes (X)Yes (X)$0$0$0
MIKE WAMPOLD
DIRECTOR1.001.00Yes (X)$0$0$0
RONALD SHOLES
DIRECTOR1.00Yes (X)$0$0$0
W CLINTON RASBERRY
DIRECTOR1.00Yes (X)$0$0$0
ANN TRAPPEY
DIRECTOR (9/27/2022 - PRESENT)1.00Yes (X)$0$0$0
R WAYNE BROWN
DIRECTOR (7/1/2022 - 12/31/2022)1.000.05Yes (X)$0$0$0
LAURIE ARONSON
DIRECTOR (11/4/2022 - PRESENT)1.000.05Yes (X)$0$0$0
ROBERT M STUART JR
PRESIDENT & CEO1.0040.05Yes (X)$0$393,865$19,425
KATE SPIKES
TREASURER1.0040.05Yes (X)$0$229,489$31,469
LEU ANNE GRECO
SECRETARY1.0040.05Yes (X)$0$187,769$17,236
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$811,123TotReportableCompRltdOrgAmt
Total Other Compensation$68,130TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
SASAKI ASSOCIATES INC
110 CHAUNCY ST SUITE 200BOSTONMA02111DESIGN SERVICES FOR UNIVERSITY LAKES PRO$1,301,966
SEVENSON ENVIRONMENT SERVICES INC
2749 LOCKPORT RDNIAGARA FALLSNY14305PROFESSIONAL SERVICES FOR UNIVERSITY LAK$1,211,500
STANTEC CONSULTING SERVICES INC
13980 COLLECTIONS CENTER DRIVECHICAGOIL60693PROJECT MANAGEMENT FOR UNIVERSITY LAKES$919,028
DEUMITE CONSTRUCTION LLC
PO BOX 83330BATON ROUGELA70884PROFESSIONAL SERVICES FOR RLM$356,033
B&D CSRS LLC
6767 PERKINS ROAD SUITE 200BATON ROUGELA70808CONSULTING SERVICES FOR UNIVERSITY LAKES$343,826
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K9CntrctRcvdGreaterThan100KCnt
All Other Contributions$4,799,844AllOtherContributionsAmt
Total Contributions$4,799,844TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$295,947TotalRevenueColumnAmt
Exclusion$295,947ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$1,028,723RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$0RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$1,028,723RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,028,723TotalRevenueColumnAmt
Exclusion$1,028,723ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,124,514TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$1,324,670ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$643,295TotalAmt
Program Services$643,295ProgramServicesAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$523,712TotalAmt
Program Services$523,712ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$407,989TotalAmt
Program Services$407,989ProgramServicesAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$38,876TotalAmt
Program Services$38,876ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$458,441TotalAmt
Program Services$458,441ProgramServicesAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescOTHER OPERATING SERVICEDesc
Total$942,356TotalAmt
Program Services$889,891ProgramServicesAmt
Management And General$52,465ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$3,014,669TotalAmt
Program Services$2,962,204ProgramServicesAmt
Management And General$52,465ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$9,004,252BOYAmt
EOY$7,462,009EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$139,140BOYAmt
EOY$206,752EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$56,748BOYAmt
EOY$9,581EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$11,412,366LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,728,210LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$10,142,597BOYAmt
EOY$9,684,156EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$5,244,910BOYAmt
EOY$9,915,321EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$24,587,647BOYAmt
EOY$27,277,819EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$382,678BOYAmt
EOY$336,041EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$11,151,759BOYAmt
EOY$10,778,715EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$11,534,437BOYAmt
EOY$11,114,756EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$11,521,302BOYAmt
EOY$13,793,664EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,531,908BOYAmt
EOY$2,369,399EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$13,053,210BOYAmt
EOY$16,163,063EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$24,587,647BOYAmt
EOY$27,277,819EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$3,109,845ReconcilationRevenueExpnssAmt
Prior Period Adjustments$8PriorPeriodAdjustmentsAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3Yes (X)SupportingOrganization509a3Ind
Supporting Org Type1Yes (X)SupportingOrgType1Ind
IRS Written DeterminationYes (X)IRSWrittenDeterminationInd
Supported Organizations2SupportedOrganizationsCnt

Supported Org Information SupportedOrgInformationGrp (2 entries)

EINEINOrganization TypeOrganizationTypeCdGoverning Document ListedGoverningDocumentListedIndSupportSupportAmtOther SupportOtherSupportAmt
LSU FOUNDATION
7260209695Yes (1)$0$0
LOUISIANA STATE UNIVERSITY
7260008482Yes (1)$643,295$0
FieldValueIRS element (for citing)
Supported Organizations Total2SupportedOrganizationsTotalCnt
Support Sum$643,295SupportSumAmt
Other Support Sum$0OtherSupportSumAmt

Form990 Sch A Supporting Org Form990SchASupportingOrgGrp

FieldValueIRS element (for citing)
Listed By Name Governing DocYes (1)ListedByNameGoverningDocInd
Suprt Org No IRS Determination0SuprtOrgNoIRSDeterminationInd
Supported Org Section C4560SupportedOrgSectionC456Ind
Supported Org Not Organized US0SupportedOrgNotOrganizedUSInd
Organization Change Suprt Org0OrganizationChangeSuprtOrgInd
Support Non Supported Org0SupportNonSupportedOrgInd
Payment Substantial Contribtr0PaymentSubstantialContribtrInd
Loan Disqualified Person0LoanDisqualifiedPersonInd
Controlled Disqualified Prsn0ControlledDisqualifiedPrsnInd
Disqualified Prsn Controll Int0DisqualifiedPrsnControllIntInd
Disqualified Prsn Ownr Int0DisqualifiedPrsnOwnrIntInd
Excess Business Holdings Rules0ExcessBusinessHoldingsRulesInd
Contribution Controller0ContributionControllerInd
Contribution Family0ContributionFamilyInd
Contribution35 Controlled0Contribution35ControlledInd

Form990 Sch A Type1 Suprt Org Form990SchAType1SuprtOrgGrp

FieldValueIRS element (for citing)
Power Appoint Majority Dir TrstYes (1)PowerAppointMajorityDirTrstInd
Operate Benefit Non Suprt Org0OperateBenefitNonSuprtOrgInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$11,412,366OtherCostOrOtherBasisAmt
Depreciation$1,728,210DepreciationAmt
Book Value$9,684,156BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$9,684,156TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp

FieldValueIRS element (for citing)
DescCONSTRUCTION IN PROGRESSDesc
Book Value$9,915,321BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Other Assets$9,915,321TotalBookValueOtherAssetsAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE FOUNDATION ACCOUNTS FOR INCOME TAXES IN ACCORDANCE WITH THE ACCOUNTING GUIDANCE INCLUDED IN THE ACCOUNTING STANDARDS CODIFICATION (ASC). THE FOUNDATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. RECOGNIZED INCOME TAX POSITIONS ARE RECORDED AT THE LARGEST AMOUNT THAT IS GREATER THAN FIFTY PERCENT LIKELY OF BEING REALIZED. CHANGES IN THE RECOGNITION OR MEASUREMENT ARE REFLECTED IN THE PERIOD IN WHICH THE CHANGE IN JUDGMENT OCCURS. THE FOUNDATION HAS EVALUATED ITS POSITION REGARDING THE ACCOUNTING FOR UNCERTAIN INCOME TAX POSITIONS AND DOES NOT BELIEVE THAT IT HAS ANY MATERIAL UNCERTAIN TAX POSITIONS.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1LOUISIANA STATE UNIVERSITYBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1204 THOMAS BOYD HALLAddressLine1Txt
CityBATON ROUGECityNm
State AbbreviationLAStateAbbreviationCd
ZIP70803ZIPCd
FieldValueIRS element (for citing)
Recipient EIN726000848RecipientEIN
Cash Grant$643,295CashGrantAmt
Non Cash Assistance$0NonCashAssistanceAmt
Valuation Method UsedTAX VALUEValuationMethodUsedDesc
Purpose Of GrantSUPPORT PROVIDED FOR ARCHITECTURAL SERVICES RELATED TO LSU'S MOBILITY TRANSIT HUB AND LANDSCAPE SERVICES FOR HILLTOP ARBORETUM.PurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
ROBERT M STUART JR
PRESIDENT & CEO$0$366,465$0$25,000$0$2,400$0$18,300$0$1,125$0$413,290$0$0
KATE SPIKES
TREASURER$0$228,289$0$0$0$1,200$0$14,287$0$17,182$0$260,958$0$0
LEU ANNE GRECO
SECRETARY$0$186,569$0$0$0$1,200$0$11,759$0$5,477$0$205,005$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 7ATHE BOARD OF DIRECTORS OF THE LSU FOUNDATION ELECT FOUR VOTING MEMBERS OF THE BOARD OF DIRECTORS OF THE CORPORATION. DURING HIS OR HER TENURE OF OFFICE, THE PRESIDENT OF LSU SHALL NOMINATE THREE VOTING MEMBERS OF THE BOARD OF DIRECTORS, WHO SHALL SUBSEQUENTLY BE ELECTED BY THE DIRECTORS OF THE LSU FOUNDATION.
FORM 990, PART VI, SECTION B, LINE 11BTHE TREASURER PROVIDES THE FORM 990 TO THE BOARD OF DIRECTORS AND SEEKS COMMENT AND FEEDBACK PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CALL BOARD MEMBERS AND OFFICERS COMPLETE A DISCLOSURE STATEMENT QUESTIONNAIRE ON AN ANNUAL BASIS IN WHICH THEY ARE ASKED TO PROVIDE INFORMATION ON ENTITIES IN WHICH THEY ARE BOARD MEMBERS, PARTNERS, OFFICERS, AND PRINCIPAL OWNERS, AND TO INDICATE WHETHER THEY, ANY IMMEDIATE FAMILY MEMBER, OR COMPANY WITH WHICH THEY OR AN IMMEDIATE FAMILY MEMBER ARE AFFILIATED, HAVE OR IS SEEKING CONTRACTUAL RELATIONS WITH THE LSU REAL ESTATE AND FACILITIES FOUNDATION OR LSU. ADDITIONALLY, THE BOARD PERIODICALLY PERFORMS A DETAILED REVIEW OF THE CONFLICTS OF INTEREST POLICY, AS WELL AS THE POLICY IS REVIEWED BY NEW MEMBERS UPON JOINING THE BOARD.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION'S GOVERNING DOCUMENTS ARE FILED WITH THE LOUISIANA SECRETARY OF STATE'S OFFICE AND ARE AVAILABLE TO THE PUBLIC. THE CONSOLIDATED AUDITED FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC ON LSU FOUNDATION'S WEBSITE.
FORM 990, PART VI, LINE 15:SUPPLEMENTAL DISCLOSURE: LSU REAL ESTATE AND FACILITIES FOUNDATION DOES NOT HAVE ANY DIRECT EMPLOYEES. A RELATED ORGANIZATION, THE LSU FOUNDATION, DIRECTLY EMPLOYS AND FUNDS APPLICABLE SALARY EXPENSES RELATED TO STAFF ASSISTING WITH ADMINISTRATIVE FUNCTIONS OF THE LSU REAL ESTATE AND FACILITIES FOUNDATION. THE LSU FOUNDATION GATHERS EXTERNAL, INDEPENDENT SALARY SURVEYS OF EXECUTIVE COMPENSATION FOR RELEVANT PEER GROUPS. THE LSU FOUNDATION'S TALENT MANAGEMENT COMMITTEE REVIEWS AND DISCUSSES THE SURVEYS IN CONJUNCTION WITH AN ANNUAL REVIEW OF COMPENSATION FOR OFFICERS.
PART XII, LINE 2CTHE LSU REAL ESTATE AND FACILITIES FOUNDATION DOES NOT HAVE AN AUDIT COMMITTEE. HOWEVER, THE LSU REAL ESTATE AND FACILITIES FOUNDATION IS INCLUDED IN THE AUDITED CONSOLIDATED GAAP-BASIS FINANCIAL STATEMENTS WHICH INCORPORATE THE LSU FOUNDATION AND RELATED ORGANIZATIONS. THE LSU FOUNDATION BOARD OF DIRECTORS HAS AN AUDIT COMMITTEE WHOSE BOARD-APPROVED AUDIT COMMITTEE CHARTER PROVIDES, AMONG OTHER POWERS, OVERSIGHT BY THE AUDIT COMMITTEE OF THE EXTERNAL AUDIT OF THE FINANCIAL STATEMENTS AND COMMUNICATIONS WITH THE INDEPENDENT AUDITORS.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (19 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdTotal IncomeTotalIncomeAmtEnd Of Year AssetsEndOfYearAssetsAmtDirect Controlling NADirectControllingNACd
BENGAL VILLAGE LLC
3796 NICHOLSON DRIVEBATON ROUGELA70802611908693ACQUISITION OF LSU-E STUDENT HOUSINGLA$456,646$5,533,220N/A
BURDEN MUSEUM & GARDENS LLC
3796 NICHOLSON DRIVEBATON ROUGELA70802812900408RENOVATION OF LSU AGCENTER BOTANIC GARDENS AT BURDEN WELCOME CENTERLA$716,711$1,229,355N/A
CHARITY HOSPITAL REDEVELOPMENT LLC
3796 NICHOLSON DRIVEBATON ROUGELA70802352652107RENOVATION OF CHARITY HOSPITAL IN NEW ORLEANSLA$250,195$964N/A
GEOLOGY FIELD CAMP LLC
3796 NICHOLSON DRIVEBATON ROUGELA70802320559121CONSTRUCTION/RENOVATION OF FACILITIES W/IN THE GEOLOGY FIELD CAMPLA$148,053$179,022N/A
GREENHOUSE DISTRICT PROJECT LLC
3796 NICHOLSON DRIVEBATON ROUGELA70802320531084RENOVATION AND CONSTRUCTION OF STUDENT HOUSING AND GREENHOUSESLA$2,435$0N/A
HILLTOP ARBORETUM PROJECTS LLC
3796 NICHOLSON DRIVEBATON ROUGELA70802301010841CONSTRUCTION/RENOVATION OF FACILITIES RELATED TO HILLTOP ARBORETUM MASTERLA$30$0N/A
LSU-A ALLIED HEALTH FACILITY LLC
3796 NICHOLSON DRIVEBATON ROUGELA70802611928989RENOVATION OF VACANT BUILDING ON LSU-A CAMPUS FOR ALLIED HEALTH PROGRAMLA$35$0N/A
LSU-A STUDENT SERVICE BUILDING LLC
3796 NICHOLSON DRIVEBATON ROUGELA70802352641354CONSTRUCTION OF STUDENT SERVICE BUILDING ON LSU-A CAMPUSLA$26,610$26,575N/A
MEMORIAL TOWER PLAZA LLC
3796 NICHOLSON DRIVEBATON ROUGELA70802845052209CONSTRUCTION OF DISPLAYS AND IMPROVEMENTS TO THE MEMORIAL TOWER PLAZALA$14,740$0N/A
PILOTS POINTE LLC
3796 NICHOLSON DRIVEBATON ROUGELA70802384130010RENOVATION OF STUDENT HOUSINGLA$1,778,417$4,963,109N/A
RECITAL HALL LLC
3796 NICHOLSON DRIVEBATON ROUGELA70802365892089CONSTRUCTION/RENOVATION OF FACILITIES W/IN COLLEGE OF MUSIC & DRAMATIC ARTSLA$35$882,489N/A
ULS LLC
3796 NICHOLSON DRIVEBATON ROUGELA70802352612951CONSTRUCTION/RENOVATION OF FACILITIES W/IN UNIVERSITY LAB SCHOOLLA$35$48,517N/A
UNIVERSITY LAKES LLC
3796 NICHOLSON DRIVEBATON ROUGELA70802364953765IMPROVEMENTS TO UNIVERSITY LAKESLA$1,759,746$12,278,961N/A
MOBILITY TRANSIT LLC
3796 NICHOLSON DRIVEBATON ROUGELA70802851523348RESTORATION OF LSU MOBILITY TRANSIT HUB & STUDENT UNION LOTLA$35$5,399N/A
HUEY P LONG FIELDHOUSE LLC
3796 NICHOLSON DRIVEBATON ROUGELA70802874222406CONSTRUCTION/RENOVATIONS TO HPL FIELDHOUSELA$116,142$116,247N/A
UTILITIES MODERNIZATION LLC
3796 NICHOLSON DRIVEBATON ROUGELA70802874488361EXTENSIVE IMPROVEMENTS OF LSU'S UTILITIES INFRASTRUCTURE.LA$35$0N/A
BSL3 LAB LLC
3796 NICHOLSON DRIVEBATON ROUGELA70802CONSTRUCTION OF BIOLOGICAL SAFETY LEVEL 3 LAB FOR SCHOOL OF VET. MEDICINELA$35$0N/A
HSC-NO PROPERTY REDEVELOPMENT LLC
3796 NICHOLSON DRIVEBATON ROUGELA70802REDEVELOPMENT OF PROPERTIES SURROUNDING CHARITY HOSPITALLA$105$0N/A
LSU-A DEVELOPMENT LLC
3796 NICHOLSON DRIVEBATON ROUGELA70802IMPLEMENTATION OF A MIXED-USE DEVELOPMENT FOR THE LSU ALEXANDRIA CAMPUSLA$100,000$0N/A

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtDirect Controlling NADirectControllingNACdControlled OrganizationControlledOrganizationInd
LSU FOUNDATION
3796 NICHOLSON DRIVEBATON ROUGELA70802726020969FOSTER PRIVATE FINANCIAL SUPPORT FOR LSU AND AG CENTERLA501(C)(3)LINE 5N/A0
LSU PROPERTY FOUNDATION
3796 NICHOLSON DRIVEBATON ROUGELA70802721295979FOSTER SUPPORT VIA GIFTS OF REAL ESTATE & EQUIPMENT FOR LSU & AG CENTERLA501(C)(3)LINE 7N/A0
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (1)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgYes (1)LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (5 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
LSU FOUNDATION
C$1,938,761CASH
LSU FOUNDATION
N
LSU FOUNDATION
O
LSU FOUNDATION
B$166,276CASH
LSU FOUNDATION
E$10,778,715LOAN AMOUNT