TIGER ATHLETIC FOUNDATION: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- TIGER ATHLETIC FOUNDATION (EIN 72-1004960)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-11-10
- IRS object ID
- 202243149349303929
- Schema version
- 2021v4.2
- 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
- Form 990
- Schedule A
- Schedule D
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-11-10T11:58:47-06:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 721088864 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LAPORTE APAC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8555 UNITED PLAZA SUITE 400 | AddressLine1Txt |
| City | BATON ROUGE | CityNm |
| State Abbreviation | LA | StateAbbreviationCd |
| ZIP | 70809 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 721004960 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TIGER ATHLETIC FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | TIGE | BusinessNameControlTxt |
| Phone | 2255784823 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 711 | AddressLine1Txt |
| City | BATON ROUGE | CityNm |
| State Abbreviation | LA | StateAbbreviationCd |
| ZIP | 708210711 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ALICIA VIDRINE | PersonNm |
| Person Title | CFO AND VICE PRESIDENT | PersonTitleTxt |
| Phone | 2255784823 | PhoneNum |
| Signature | 2022-11-04 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | ALICIA | PersonFirstNm |
| Person Last | VIDRINE | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JOHN S WILES CPA | PreparerPersonNm |
| PTIN | P01222673 | PTIN |
| Phone | 2252965150 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | ALICIA VIDRINE | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PMAC - NORTH STADIUM DRIVE | AddressLine1Txt |
| City | BATON ROUGE | CityNm |
| State Abbreviation | LA | StateAbbreviationCd |
| ZIP | 70803 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $275,574,878 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.LSUTAF.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1983 | FormationYr |
| Legal Domicile State | LA | LegalDomicileStateCd |
| Activity Or Mission | TO SUPPORT LOUISIANA STATE UNIVERSITY AND ITS ATHLETIC AND EDUCATION PROGRAMS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 32 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 32 | VotingMembersIndependentCnt |
| Total Employee | 200 | TotalEmployeeCnt |
| Total Volunteers | 37 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $18,069,842 | PYContributionsGrantsAmt |
| CY Contributions Grants | $47,832,198 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $8,500,000 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $8,800,000 | CYProgramServiceRevenueAmt |
| PY Investment Income | $5,444,379 | PYInvestmentIncomeAmt |
| CY Investment Income | $7,030,153 | CYInvestmentIncomeAmt |
| PY Other Revenue | $5,335,925 | PYOtherRevenueAmt |
| CY Other Revenue | $4,292,661 | CYOtherRevenueAmt |
| PY Total Revenue | $37,350,146 | PYTotalRevenueAmt |
| CY Total Revenue | $67,955,012 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $13,579,844 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $37,442,608 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $4,714,968 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $4,573,262 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $2,426,994 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $17,085,957 | PYOtherExpensesAmt |
| CY Other Expenses | $20,867,811 | CYOtherExpensesAmt |
| PY Total Expenses | $35,380,769 | PYTotalExpensesAmt |
| CY Total Expenses | $62,883,681 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,969,377 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $5,071,331 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $480,723,607 | TotalAssetsBOYAmt |
| Total Assets EOY | $492,455,521 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $213,470,627 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $221,283,231 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $267,252,980 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $271,172,290 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO SUPPORT LOUISIANA STATE UNIVERSITY AND ITS ATHLETIC PROGRAMS | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $40,869,732 | ExpenseAmt |
| Grant | $37,212,473 | GrantAmt |
| Revenue | $28,969 | RevenueAmt |
| Desc | TIGER ATHLETIC FOUNDATION (TAF) ASSISTS THE LOUISIANA STATE UNIVERSITY AND AGRICULTURAL AND MECHANICAL COLLEGE (LSU) ATHLETIC PROGRAMS. TAF HELPED TO DEFRAY THE COST OF MORE THAN 450 STUDENT ATHLETES, TO MAINTAIN AND IMPROVE ATHLETIC FACILITIES, AND TO RETIRE PRESENT INDEBTEDNESS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $13,515,565 | ExpenseAmt |
| Revenue | $8,800,000 | RevenueAmt |
| Desc | TIGER ATHLETIC FOUNDATION OVERSEES THE MANAGEMENT OF THE TIGER DEN SUITES, STADIUM CLUB, AND ALEX BOX SUITES FOR LOUISIANA STATE UNIVERSITY AND AGRICULTURAL AND MECHANICAL COLLEGE. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $240,349 | ExpenseAmt |
| Grant | $230,135 | GrantAmt |
| Desc | TIGER ATHLEIC FOUNDATION (TAF) SUPPORTS LOUISIANA STATE UNIVERSITY AGRICULTURAL AND MECHANICAL COLLEGE (LSU). | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $54,625,646 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | Yes (1) | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | Yes (1) | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 29 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 200 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 32 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 32 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | Yes (1) | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | Yes (1) | LocalChaptersInd |
| Policies Reference Chapters | Yes (1) | PoliciesReferenceChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ALICIA VIDRINE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2255784823 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PMAC - NORTH STADIUM DRIVE | AddressLine1Txt |
| City | BATON ROUGE | CityNm |
| State Abbreviation | LA | StateAbbreviationCd |
| ZIP | 70803 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (42 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| BRIAN P CHERAMIE | ||||||||
| IMMEDIATE PAST CHAIRMAN | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| THERESA M GALLION | ||||||||
| CHAIRMAN | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| ROY O MARTIN | ||||||||
| CHAIRMAN - ELECT | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| TREY BOUCVALT | ||||||||
| BOARD OF DIRECTORS | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| PETE BUSH | ||||||||
| BOARD OF DIRECTORS | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| PAT CUNTZ | ||||||||
| BOARD OF DIRECTORS | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| LINDA DOWLING | ||||||||
| BOARD OF DIRECTORS | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| JOHN ANDREW GRIFFIN | ||||||||
| BOARD OF DIRECTORS | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| MICHAEL OLINDE | ||||||||
| EXECUTIVE COMMITTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| JOE LARUSSA | ||||||||
| BOARD OF DIRECTORS | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| JANICE GUITREAU | ||||||||
| EXECUTIVE COMMITTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| GREG HAMER | ||||||||
| EXECUTIVE COMMITTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| CHARLES HARVEY | ||||||||
| EXECUTIVE COMMITTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| STEVE ROBINSON | ||||||||
| TREASURER | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| RIC KEARNY | ||||||||
| BOARD OF DIRECTORS | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| LEIGH KING | ||||||||
| BOARD OF DIRECTORS | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| DAVID ROBERTS | ||||||||
| BOARD OF DIRECTORS | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| ERIC LANE | ||||||||
| BOARD OF DIRECTORS | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| LIZ MANGHAM | ||||||||
| BOARD OF DIRECTORS | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| CHARLES MONIOTTE | ||||||||
| BOARD OF DIRECTORS | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| HENSON MOORE | ||||||||
| BOARD OF DIRECTORS | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| DANIEL PALMER | ||||||||
| BOARD OF DIRECTORS | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| DARREL PAPILLION | ||||||||
| EXECUTIVE COMMITTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| ROBERT J PATRICK | ||||||||
| BOARD OF DIRECTORS | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| CHARLES PENN III | ||||||||
| BOARD OF DIRECTORS | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| ALLYSON PHARR | ||||||||
| BOARD OF DIRECTORS | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| TYRON PICARD | ||||||||
| SECRETARY | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| THOMAS JUNEAU | ||||||||
| BOARD OF DIRECTORS | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| VALERIE T SCHEXNAYDER | ||||||||
| BOARD OF DIRECTORS | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| KELLY SPEARS | ||||||||
| EXECUTIVE COMMITTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| DAVID TOMS | ||||||||
| BOARD OF DIRECTORS | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| SANDY YOUNG | ||||||||
| BOARD OF DIRECTORS | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| RICHARD B PERRY | ||||||||
| PRESIDENT & CEO (TERM ENDED 06/2021) | 40.00 | $238,731 | $0 | $42,432 | Yes (X) | |||
| ALICIA VIDRINE | ||||||||
| VICE PRESIDENT OF ACCOUNTING & FINANCE AND CFO | 40.00 | $176,386 | $0 | $45,771 | Yes (X) | |||
| MATTHEW BORMAN | ||||||||
| PRESIDENT & CEO (TERM BEGAN 06/2021) | 40.00 | $214,594 | $0 | $30,433 | Yes (X) | |||
| DAVID HARDY | ||||||||
| EXECUTIVE VICE PRESIDENT & GENERAL COUNSEL | 40.00 | $273,439 | $0 | $31,395 | Yes (X) | |||
| ROBERT B ROSS | ||||||||
| VICE PRESIDENT OF DEVELOPMENT | 40.00 | $184,989 | $0 | $43,001 | Yes (X) | |||
| JOSEPH M CARVALHIDO | ||||||||
| VICE PRESIDENT OF OPERATIONS & SERVICES | 40.00 | $157,389 | $0 | $43,968 | Yes (X) | |||
| DEREK DENTON | ||||||||
| EXEC. DIRECTOR OF DEVELOPM | 40.00 | $119,068 | $0 | $49,470 | Yes (X) | |||
| BUNNIE CANNON | ||||||||
| EXECUTIVE DIRECTOR DEVELOPMENT SUPPORT SERVICES | 40.00 | $177,156 | $0 | $16,300 | Yes (X) | |||
| RORY LATO | ||||||||
| ASSISTANT FACILITIES & PRO | 40.00 | $109,210 | $0 | $43,905 | Yes (X) | |||
| RYAN COONEY | ||||||||
| SENIOR MAJOR GIFT OFFICER | 40.00 | $104,007 | $0 | $47,490 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,754,969 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $394,165 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 10 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| DRAKES CATERING LLC | |||||
| PO BOX 86730 | BATON ROUGE | LA | 70879 | CATERING | $2,320,404 |
| OTIS ELEVATOR COMPANY | |||||
| PO BOX 730400 | DALLAS | TX | 75373 | CONSTRICTION/MAINTENANCE | $971,020 |
| EXECUTIVE AIRCRAFT CHARTER SERVICES | |||||
| PO BOX 98000 | LAFAYETTE | LA | 70509 | TRAVEL | $868,993 |
| LOUISIANA JANITORIAL ENTERPRISES | |||||
| PO BOX 6 | ETHEL | LA | 70730 | CLEANING SERVICES | $371,042 |
| TAYMAR SALES U LLC | |||||
| 210 N PINE VALLEY ROAD | WINSTON SALEM | NC | 27104 | CONSULTING | $307,529 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 20 | CntrctRcvdGreaterThan100KCnt |
| Related Organizations | $9,500 | RelatedOrganizationsAmt |
| All Other Contributions | $47,822,698 | AllOtherContributionsAmt |
| Noncash Contributions | $196,468 | NoncashContributionsAmt |
| Total Contributions | $47,832,198 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| GROSS RENTS FOR PREMIU | 532000 | $8,500,000 | $8,500,000 |
| GROSS RENTS FOR KITCHE | 532000 | $300,000 | $300,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $8,800,000 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,499,723 | TotalRevenueColumnAmt |
| Exclusion | $3,499,723 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $3,938,887 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $3,938,887 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,938,887 | TotalRevenueColumnAmt |
| Exclusion | $3,938,887 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $211,084,454 | SecuritiesAmt |
| Other | $65,842 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $207,619,866 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $3,464,588 | SecuritiesAmt |
| Other | $65,842 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,530,430 | TotalRevenueColumnAmt |
| Exclusion | $3,530,430 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $324,805 | FundraisingGrossIncomeAmt |
| Fundraising Direct Expenses | $0 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $324,805 | TotalRevenueColumnAmt |
| Exclusion | $324,805 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $28,969 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $28,969 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $28,969 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $67,955,012 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $8,828,969 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $11,293,845 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $37,442,608 | TotalAmt |
| Program Services | $37,442,608 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,179,607 | TotalAmt |
| Program Services | $140,496 | ProgramServicesAmt |
| Management And General | $1,039,111 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,216,132 | TotalAmt |
| Program Services | $138,729 | ProgramServicesAmt |
| Management And General | $1,026,039 | ManagementAndGeneralAmt |
| Fundraising | $1,051,364 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $927,046 | TotalAmt |
| Program Services | $85,274 | ProgramServicesAmt |
| Management And General | $555,072 | ManagementAndGeneralAmt |
| Fundraising | $286,700 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $250,477 | TotalAmt |
| Program Services | $26,778 | ProgramServicesAmt |
| Management And General | $141,267 | ManagementAndGeneralAmt |
| Fundraising | $82,432 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $129,110 | TotalAmt |
| Program Services | $129,110 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $88,860 | TotalAmt |
| Management And General | $88,860 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,000 | TotalAmt |
| Management And General | $10,000 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $261,104 | TotalAmt |
| Program Services | $19,973 | ProgramServicesAmt |
| Fundraising | $241,131 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $554,095 | TotalAmt |
| Management And General | $546,147 | ManagementAndGeneralAmt |
| Fundraising | $7,948 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $185,111 | TotalAmt |
| Management And General | $134,860 | ManagementAndGeneralAmt |
| Fundraising | $50,251 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $332,292 | TotalAmt |
| Program Services | $86,000 | ProgramServicesAmt |
| Management And General | $216,525 | ManagementAndGeneralAmt |
| Fundraising | $29,767 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $457,430 | TotalAmt |
| Management And General | $87,178 | ManagementAndGeneralAmt |
| Fundraising | $370,252 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,203 | TotalAmt |
| Management And General | $4,203 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,546,988 | TotalAmt |
| Program Services | $3,546,988 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,076,761 | TotalAmt |
| Program Services | $8,076,761 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $811,165 | TotalAmt |
| Program Services | $683,597 | ProgramServicesAmt |
| Management And General | $127,568 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | FundraisingFundraisingAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|---|
| CATERING AND OTHER | $2,875,587 | $2,874,701 | $886 | |
| BAD DEBT | $1,758,820 | $1,758,820 | ||
| COACHES SUPPLEMENT | $400,000 | $400,000 | ||
| REPAIRS | $366,139 | $360,677 | $5,462 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,010,146 | TotalAmt |
| Program Services | $613,954 | ProgramServicesAmt |
| Management And General | $89,929 | ManagementAndGeneralAmt |
| Fundraising | $306,263 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $62,883,681 | TotalAmt |
| Program Services | $54,625,646 | ProgramServicesAmt |
| Management And General | $5,831,041 | ManagementAndGeneralAmt |
| Fundraising | $2,426,994 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $800 | BOYAmt |
| EOY | $800 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $66,414,758 | BOYAmt |
| EOY | $62,045,568 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,829,865 | BOYAmt |
| EOY | $8,476,146 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,677,957 | BOYAmt |
| EOY | $2,646,735 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,429,621 | BOYAmt |
| EOY | $75,582,516 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $195,917 | BOYAmt |
| EOY | $278,081 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $277,998,859 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $76,715,936 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $209,055,655 | BOYAmt |
| EOY | $201,282,923 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $138,372,406 | BOYAmt |
| EOY | $126,166,584 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,746,628 | BOYAmt |
| EOY | $15,976,168 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $480,723,607 | BOYAmt |
| EOY | $492,455,521 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,858,764 | BOYAmt |
| EOY | $1,826,588 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $57,876,254 | BOYAmt |
| EOY | $78,298,040 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $133,841,244 | BOYAmt |
| EOY | $126,250,380 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,165,740 | BOYAmt |
| EOY | $1,233,402 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,692,504 | BOYAmt |
| EOY | $13,645,352 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,121 | BOYAmt |
| EOY | $29,469 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $213,470,627 | BOYAmt |
| EOY | $221,283,231 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $208,237,621 | BOYAmt |
| EOY | $204,939,765 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $59,015,359 | BOYAmt |
| EOY | $66,232,525 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $267,252,980 | BOYAmt |
| EOY | $271,172,290 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $480,723,607 | BOYAmt |
| EOY | $492,455,521 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $5,071,331 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$667,183 | NetUnrlzdGainsLossesInvstAmt |
| Investment Expense | -$484,838 | InvestmentExpenseAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $45,361,183 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $43,979,014 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $46,875,945 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $18,069,842 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $47,832,198 | CurrentTaxYearAmt |
| Total | $202,118,182 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $45,361,183 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $43,979,014 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $46,875,945 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $18,069,842 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $47,832,198 | CurrentTaxYearAmt |
| Total | $202,118,182 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $202,118,182 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $8,877,700 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $10,506,738 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $8,314,754 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $8,593,088 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $7,438,610 | CurrentTaxYearAmt |
| Total | $43,730,890 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $11,521 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $12,067,666 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $158,476 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $13,971 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $28,969 | CurrentTaxYearAmt |
| Total | $12,280,603 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $258,129,675 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $43,400,000 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.78300 | PublicSupportCY170Pct |
| Public Support PY170 | 0.78630 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: | FormAndLineReferenceDesc |
| Explanation | MISCELLANEOUS INCOME - 2017 AMOUNT: $ 11,521. 2018 AMOUNT: $ 12,067,666. 2019 AMOUNT: $ 158,476. 2020 AMOUNT: $ 13,971. 2021 AMOUNT: $ 28,969. | ExplanationTxt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | Yes (1) | AgentTrusteeEtcInd |
| Beginning Balance | $3,165,740 | BeginningBalanceAmt |
| Distributions During Year | $1,932,338 | DistributionsDuringYearAmt |
| Ending Balance | $1,233,402 | EndingBalanceAmt |
| Incl Escrow Custodial Acct Liab | Yes (1) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $26,095,912 | BeginningYearBalanceAmt |
| Contributions | $1,077,542 | ContributionsAmt |
| Investment Earnings Or Losses | $3,154,275 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $845,771 | OtherExpendituresAmt |
| End Year Balance | $29,481,958 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $22,636,039 | BeginningYearBalanceAmt |
| Contributions | $1,274,671 | ContributionsAmt |
| Investment Earnings Or Losses | $2,840,355 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $655,153 | OtherExpendituresAmt |
| End Year Balance | $26,095,912 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $19,491,044 | BeginningYearBalanceAmt |
| Contributions | $1,392,956 | ContributionsAmt |
| Investment Earnings Or Losses | $2,512,478 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $760,439 | OtherExpendituresAmt |
| End Year Balance | $22,636,039 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $18,240,515 | BeginningYearBalanceAmt |
| Contributions | $1,242,157 | ContributionsAmt |
| Investment Earnings Or Losses | -$602,813 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $601,149 | OtherExpendituresAmt |
| End Year Balance | $18,278,710 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $15,994,072 | BeginningYearBalanceAmt |
| Contributions | $946,687 | ContributionsAmt |
| Investment Earnings Or Losses | $1,864,084 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $564,328 | OtherExpendituresAmt |
| End Year Balance | $18,240,515 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prmnnt Endowment Balance EOY | 1.00000 | PrmnntEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,740,000 | OtherCostOrOtherBasisAmt |
| Book Value | $4,740,000 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $265,754,540 | OtherCostOrOtherBasisAmt |
| Depreciation | $75,395,318 | DepreciationAmt |
| Book Value | $190,359,222 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,359,960 | OtherCostOrOtherBasisAmt |
| Depreciation | $972,147 | DepreciationAmt |
| Book Value | $4,387,813 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $376,951 | OtherCostOrOtherBasisAmt |
| Depreciation | $348,471 | DepreciationAmt |
| Book Value | $28,480 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,767,408 | OtherCostOrOtherBasisAmt |
| Book Value | $1,767,408 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $201,282,923 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER CURRENT LIABILITIES | Desc |
| Amt | $29,469 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $29,469 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $66,802,991 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$667,183 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | -$667,183 | RevenueNotReportedAmt |
| Revenue Subtotal | $67,470,174 | RevenueSubtotalAmt |
| Other Revenues Not Included | $484,838 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $484,838 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $67,955,012 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $62,883,681 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $62,883,681 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $62,883,681 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART IV, LINE 2B: | THE AMOUNTS HELD IN CUSTODY FOR OTHERS ARE THE BOOSTER CLUB ESCROW ACCOUNTS AND AFFILIATED CHAPTERS ACCOUNTS, WHICH WERE ESTABLISHED AS A CUSTODIAL FUND AT THE REQUEST OF LSU, ACCOUNTS HELD FOR THE LSU ATHLETICS DEPARTMENT, AS WELL AS OTHER SMALL MISCELLANEOUS AGENCY ACCOUNTS. THE BOOSTER CLUB ESCROW ACCOUNTS AND AFFILIATED CHAPTERS ACCOUNTS WERE CREATED IN ORDER FOR TAF TO ACT AS A NONAFFILIATED PARTY IN OVERSEEING THE REVENUE GENERATED BY THE BOOSTER CLUBS AND AFFILIATED CHAPTERS OF LSU AND TO PROVIDE INSTITUTIONAL CONTROL AS REQUIRED BY NCAA RULES. THE AMOUNTS HELD FOR THE LSU ATHLETIC DEPARTMENT ARE TO FUND SPECIAL PROJECTS, AS NEEDED, AND TO ESTABLISH MAINTENANCE RESERVE ACCOUNTS FOR NEWLY CONSTRUCTED LSU ATHLETIC FACILITIES AS REQUIRED BY THE BOARD OF REGENTS POLICY. |
| PART V, LINE 4: | THE ENDOWMENT FUNDS ARE USED TO FUND ATHLETIC SCHOLARSHIPS. |
| PART X, LINE 2: | ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PROVIDE ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ENTITY IN ITS TAX RETURNS THAT MIGHT BE UNCERTAIN. THE FOUNDATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. PENALTIES AND INTEREST ASSESSED BY INCOME TAXING AUTHORITIES, IF ANY, WOULD BE INCLUDED IN OPERATING EXPENSES. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | INVESTMENT MANAGEMENT FEES 484,838. |
| PART V - ENDOWMENTS | THE BEGINNING BALANCE OF THE ENDOWMENT HAS BEEN ADJUSTED DUE TO THE ORGANIZATION ADOPTING ACCOUNTING STANDARDS UPDATE 2016-14. THIS ADJUSMENT INCREASED THE BEGINNING BALANCE OF THE ENDOWMENT FROM $26,095,912 TO $29,481,958. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | GOLF TOURNAMENT | Event1Nm |
| Gross Receipts Event1 | $74,885 | GrossReceiptsEvent1Amt |
| Gross Revenue Event1 | $74,885 | GrossRevenueEvent1Amt |
| Event2 | SPORTING EVENTS | Event2Nm |
| Gross Receipts Event2 | $249,520 | GrossReceiptsEvent2Amt |
| Gross Revenue Event2 | $249,520 | GrossRevenueEvent2Amt |
| Other Events Total | 1 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $400 | GrossReceiptsOtherEventsAmt |
| Gross Revenue Other Events | $400 | GrossRevenueOtherEventsAmt |
| Gross Receipts Total | $324,805 | GrossReceiptsTotalAmt |
| Gross Revenue Total Events | $324,805 | GrossRevenueTotalEventsAmt |
| Net Income Summary | $324,805 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LOUISIANA STATE UNIVERSITY | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 110 THOMAS BOYD HALL | AddressLine1Txt |
| City | BATON ROUGE | CityNm |
| State Abbreviation | LA | StateAbbreviationCd |
| ZIP | 70803 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 726000848 | RecipientEIN |
| IRC Section | SEE PART IV | IRCSectionDesc |
| Cash Grant | $37,442,608 | CashGrantAmt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
| Purpose Of Grant | TO SUPPORT LOUISIANA STATE UNIVERSITY'S ATHLETIC PROGRAMS | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 2: | FOR DONOR RESTRICTED FUNDS THAT ARE FOR A SPECIFIC PURPOSE, WE SET UP NEW ACCOUNTS ON OUR BOOKS IN ORDER TO TRACK THE FUNDS. ANY PAYMENTS OUT OF THESE FUNDS ARE REVIEWED PRIOR TO EXPENDITURE, TO ENSURE THE PURPOSE OF THE DONATION IS BEING FULFILLED (I.E. A PARTICULAR BUILDING PROJECT OR SCHOLARSHIP FUNDS). FOR UNRESTRICTED FUNDS, TAF USES DONATIONS TO OPERATE ITSELF, AND ALSO MAKE GENERAL DONATIONS TO LSU ATHLETICS. THE REVIEW PROCESS IN PLACE ENSURES THAT THE MONEY IS GOING TOWARDS A PURPOSE THAT FURTHERS OUR MISSION OF SUPPORTING LSU ATHLETICS. |
| FORM 990: SCHEDULE I, PART II, ROW 1, COLUMN C: | GOVERNMENTAL ENTITY - BOARD OF SUPERVISORS OF LOUISIANA STATE UNIVERSITY |
| FORM 990: SCHEDULE I, PART IV: | TIGER ATHLETIC FOUNDATION ("TAF") IS A PRIVATE, NONPROFIT CORPORATION DEDICATED TO SUPPORTING LOUISIANA STATE UNIVERSITY ("LSU") AND ITS ATHLETIC PROGRAMS. AS REFLECTED IN SCHEDULE I PART II COLUMN D, TAF CONTINUES TO PLAY AN INTEGRAL ROLE IN SUSTAINING THAT OUTSTANDING LSU TRADITION. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Discretionary Spending Acct | Yes (X) | DiscretionarySpendingAcctInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (10 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DAVID HARDY | ||||||||||||||
| EXECUTIVE VICE PRESIDENT & GENERAL C | $273,439 | $0 | $0 | $0 | $0 | $0 | $20,687 | $0 | $10,708 | $0 | $304,834 | $0 | $0 | $0 |
| RICHARD B PERRY | ||||||||||||||
| PRESIDENT & CEO (TERM ENDED 06/2021) | $238,731 | $0 | $0 | $0 | $0 | $0 | $18,825 | $0 | $23,607 | $0 | $281,163 | $0 | $0 | $0 |
| MATTHEW BORMAN | ||||||||||||||
| PRESIDENT & CEO (TERM BEGAN 06/2021) | $214,594 | $0 | $0 | $0 | $0 | $0 | $12,043 | $0 | $18,390 | $0 | $245,027 | $0 | $0 | $0 |
| ROBERT B ROSS | ||||||||||||||
| VICE PRESIDENT OF DEVELOPMENT | $184,989 | $0 | $0 | $0 | $0 | $0 | $14,292 | $0 | $28,709 | $0 | $227,990 | $0 | $0 | $0 |
| ALICIA VIDRINE | ||||||||||||||
| VICE PRESIDENT OF ACCOUNTING & FINAN | $176,386 | $0 | $0 | $0 | $0 | $0 | $13,714 | $0 | $32,057 | $0 | $222,157 | $0 | $0 | $0 |
| JOSEPH M CARVALHIDO | ||||||||||||||
| VICE PRESIDENT OF OPERATIONS & SERVI | $157,389 | $0 | $0 | $0 | $0 | $0 | $12,740 | $0 | $31,228 | $0 | $201,357 | $0 | $0 | $0 |
| BUNNIE CANNON | ||||||||||||||
| EXECUTIVE DIRECTOR DEVELOPMENT SUPPO | $177,156 | $0 | $0 | $0 | $0 | $0 | $8,706 | $0 | $7,594 | $0 | $193,456 | $0 | $0 | $0 |
| DEREK DENTON | ||||||||||||||
| EXEC. DIRECTOR OF DEVELOPM | $119,068 | $0 | $0 | $0 | $0 | $0 | $9,410 | $0 | $40,060 | $0 | $168,538 | $0 | $0 | $0 |
| RORY LATO | ||||||||||||||
| ASSISTANT FACILITIES & PRO | $109,210 | $0 | $0 | $0 | $0 | $0 | $8,795 | $0 | $35,110 | $0 | $153,115 | $0 | $0 | $0 |
| RYAN COONEY | ||||||||||||||
| SENIOR MAJOR GIFT OFFICER | $104,007 | $0 | $0 | $0 | $0 | $0 | $8,431 | $0 | $39,059 | $0 | $151,497 | $0 | $0 | $0 |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd | CUSIPCUSIPNum |
|---|---|---|---|---|---|---|---|---|
| LA PUBLIC FACILITIES AUTHORITY | ||||||||
| A | 720895871 | 2012-10-23 | $70,000,000 | SEE PART VI | 0 | Yes (1) | 0 | |
| LA PUBLIC FACILITIES AUTHORITY | ||||||||
| B | 720895871 | 2015-07-01 | $52,000,000 | SEE PART VI | 0 | Yes (1) | 0 | |
| LA PUBLIC FACILITIES AUTHORITY | ||||||||
| C | 720895871 | 2015-11-02 | $53,045,000 | SEE PART VI | 0 | Yes (1) | 0 | 546398D47 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)
| Bond ReferenceBondReferenceCd | Total ProceedsTotalProceedsAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Capital ExpendituresCapitalExpendituresAmt | Substantial CompletionSubstantialCompletionYr | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|---|---|---|
| A | $70,000,000 | $629,650 | $69,370,350 | 2014 | 0 | 0 | Yes (1) | Yes (1) |
| B | $52,000,000 | $52,000,000 | 2015 | Yes (1) | 0 | Yes (1) | Yes (1) | |
| C | $53,045,000 | $53,045,000 | 2015 | Yes (1) | 0 | Yes (1) | Yes (1) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (3 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| B | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| C | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (3 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|
| A | 0 | Yes (1) | Yes (1) | 0 | Yes (1) | 0 | 0 | 0 | Yes (1) |
| B | 0 | Yes (1) | Yes (1) | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| C | 0 | Yes (1) | Yes (1) | 0 | 0 | 0 | 0 | 0 | Yes (1) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | 0 |
| B | 0 |
| C | 0 |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE K, PART I, COLUMN F: BOND A | IN 2012, THE FOUNDATION ENTERED INTO A BOND PURCHASE AGREEMENT THAT PROVIDED $75,000,000 IN REVENUE BONDS FOR THE PURPOSE OF FINANCING OR REIMBURSING A PORTION OF THE COST OF THE CONSTRUCTION OF THE SOUTH END ZONE AT LSU'S TIGER STADIUM. THE BOND PURCHASE AGREEMENT WAS AMENDED IN 2014 TO AN AGGREGATE PRINCIPAL OF $70,000,000. |
| SCHEDULE K, PART I, COLUMN F: BOND B | IN JULY 2015, THE FOUNDATION ENTERED INTO A BOND PURCHASE AGREEMENT AND A RESULTING LOAN AGREEMENT, SO THAT IT COULD BORROW THE PROCEEDS OF THE SALE OF SERIES 2015 REVENUE BONDS FOR A PRINCIPAL AMOUNT OF $52,000,000. THE SERIES 2015 REVENUE BONDS WERE ISSUED FOR THE PURPOSE OF CURRENT REFUNDING OF ALL THE SERIES 1999 BONDS AND A PORTION OF THE SERIES 2004 BONDS. THE SERIES 1999 BONDS WERE ISSUED FOR THE PURPOSE OF FINANCING OR REIMBURSING A PORTION OF THE COST OF CERTAIN IMPROVEMENTS AND RENOVATIONS TO THE EAST SIDE UPPER DECK AT LSU'S TIGER STADIUM. THE SERIES 2004 BONDS WERE ISSUED FOR THE PURPOSE OF FINANCING OR REIMBURSING A PORTION OF THE COST OF CERTAIN IMPROVEMENTS AND RENOVATIONS TO THE WEST SIDE UPPER DECK AT LSU'S TIGER STADIUM, CONSTRUCTION OF A FOOTBALL OPERATIONS CENTER AND MISCELLANEOUS IMPROVEMENTS TO TIGER STADIUM. PRIOR TO 2015, THE REVENUE BONDS SERIES 1999 AND SERIES 2004 WERE SUBJECT TO A REMARKETING AGREEMENT WHEREBY THE FOUNDATION OBTAINED A REMARKETING AGENT WHICH OFFERED FOR SALE AND USED ITS BEST EFFORTS TO FIND PURCHASERS FOR ALL BONDS OR PORTIONS THEREOF FOR WHICH NOTICE OF TENDER HAD BEEN RECEIVED AT A PRICE EQUAL TO THE PRINCIPAL AMOUNT THEREOF PLUS ACCRUED INTEREST TO THE PURCHASE DATE. DURING 2009, THE FOUNDATION REPLACED ITS LETTER OF CREDIT AGREEMENT WITH REGIONS WITH A SUBSTITUTE LETTER OF CREDIT ISSUED BY CAPITAL ONE. |
| SCHEDULE K, PART I, COLUMN F: BOND C | IN NOVEMBER 2015, THE FOUNDATION ENTERED INTO A BOND PURCHASE AGREEMENT AND A RESULTING LOAN AGREEMENT, SO THAT IT COULD BORROW, FROM THE PROCEEDS OF THE SALE OF SERIES 2015A REVENUE BONDS FOR A PRINCIPAL AMOUNT OF $53,045,000. THE SERIES 2015A REVENUE BONDS WERE ISSUED FOR THE PURPOSE OF CURRENT REFUNDING ALL OF THE OUTSTANDING SERIES 2004 BONDS. THE SERIES 2004 BONDS WERE ISSUED FOR THE PURPOSE OF FINANCING OR REIMBURSING A PORTION OF THE COST OF CERTAIN IMPROVEMENTS AND RENOVATIONS TO THE WEST SIDE UPPER DECK AT LSU'S TIGER STADIUM, CONSTRUCTION OF A FOOTBALL OPERATIONS CENTER AND MISCELLANEOUS IMPROVEMENTS TO TIGER STADIUM. PRIOR TO 2015, THE REVENUE BONDS SERIES 2004 WERE SUBJECT TO A REMARKETING AGREEMENT WHEREBY THE FOUNDATION OBTAINED A REMARKETING AGENT WHICH OFFERED FOR SALE AND USED ITS BEST EFFORTS TO FIND PURCHASERS FOR ALL BONDS OR PORTIONS THEREOF FOR WHICH NOTICE OF TENDER HAD BEEN RECEIVED AT A PRICE EQUAL TO THE PRINCIPAL AMOUNT THEREOF PLUS ACCRUED INTEREST TO THE PURCHASE DATE. DURING 2009, THE FOUNDATION REPLACED ITS LETTER OF CREDIT AGREEMENT WITH REGIONS WITH A SUBSTITUTE LETTER OF CREDIT ISSUED BY CAPITAL ONE. |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 13 | ContributionCnt |
| Noncash Contributions Rpt F990 | $196,468 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 3 | TIGER ATHLETIC FOUNDATION CONTRACTS WITH COLONNADE GROUP, INC. TO ADVISE TAF ON THE MANAGEMENT AND OPERATION OF THE ALEX BOX SUITES, STADIUM CLUB, AND TIGER DEN SUITES. TAF HAS HIRED FORMER COLONNADE EMPLOYEES TO DO THE WORK DIRECTLY FOR TAF AND COLONNADE IS NOW A CONSULTANT. THE CONTRACT FOR COLONNADE GROUP WAS SUBMITTED UNDER A COMPETITIVE BID PROCESS, AND THE CONTRACT IS REVIEWED ANNUALLY BY THE BOARD. COLONNADE GROUP IS AN UNRELATED ENTITY TO TIGER ATHLETIC FOUNDATION. |
| FORM 990, PART VI, SECTION B, LINE 11B | A COPY OF THIS FORM 990 WAS PROVIDED TO THE TAXPAYER BEFORE IT WAS FILED. THE AUDIT COMMITTEE, CFO & CONTROLLER REVIEWED THE 990 AND HAD THEIR TAX ATTORNEY REVIEW IT BEFORE IT WAS FILED. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE CFO REVIEWS THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS. TAF REQUIRES ALL EMPLOYEES AND DIRECTORS TO DISCLOSE ANY POTENTIAL PERSONAL OR BUSINESS ASSOCIATIONS WHICH COULD BE PERCEIVED AS A CONFLICT OF INTEREST. THROUGHOUT THE YEAR, DIRECTORS ARE REMINDED TO DISCLOSE ANY NEW RELATIONSHIPS WHERE A CONFLICT OF INTEREST MAY BE PRESENT. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE EXECUTIVE COMMITTEE AND COMPENSATION COMMITTEE MEET ANNUALLY TO REVIEW AND APPROVE ALL COMPENSATION ISSUES. THOSE WHOSE COMPENSATION IS BEING APPROVED RECUSE THEMSELVES FROM THE MEETING. THE REVIEW CONSISTS OF COMPARISONS TO OTHER ATHLETIC FOUNDATIONS, REVIEW OF ANNUAL COMPENSATION SURVEYS, AND A REVIEW OF OVERALL MARKET TRENDS IN THE NON PROFIT INDUSTRY. ALL COMPENSATION DECISIONS ARE CONTEMPORANEOUSLY DOCUMENTED. |
| FORM 990, PART VI, SECTION C, LINE 19 | TIGER ATHLETIC FOUNDATION MAKES THEIR FINANCIAL STATEMENTS AVAILABLE ON THEIR OWN WEBSITE. REGARDING THEIR GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY, THESE ARE MADE AVAILABLE UPON REQUEST. |
| FORM 990, PART XII, LINE 2C: | THERE WERE NO CHANGES MADE TO THE AUDIT COMMITTEE PROCESSES FROM THE PRIOR YEAR. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TIGER AFFILIATED CHAPTERS | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O BOX 711 | AddressLine1Txt |
| City | BATON ROUGE | CityNm |
| State Abbreviation | LA | StateAbbreviationCd |
| ZIP | 70821 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 273525396 | EIN |
| Primary Activities | SOCIAL CLUB PROMOTING LSU ATHLETICS | PrimaryActivitiesTxt |
| Legal Domicile State | LA | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(7) | ExemptCodeSectionTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TIGER ATHLETIC FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (1) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (2 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| TIGER AFFILIATED CHAPTERS | ||
| C | $9,500 | CASH - FAIR MARKET VALUE |
| TIGER AFFILIATED CHAPTERS | ||
| M | $24,619 | CASH - FAIR MARKET VALUE |
Comments