2019-04-29T12:42:56-05:00 2018-06-30 720398470 HEARD MCELROY & VESTAL LLC 333 TEXAS STREET SUITE 1525 SHREVEPORT LA 71101 990 2017-07-01 726021176 LOUISIANA TECH UNIVERSITY FOUNDATION INC LOUI 3182557950 POST OFFICE BOX 3183 TECH STATION RUSTON LA 71272 STEVE DAVISON PRESIDENT 3182557950 2019-02-28 1 DARIN K SEAL CPA P00289668 3184291525 2019-03-04 12.188.218.34 2019-02-28 15:59:43 CS P 9F2D5F35ADD88E8CB02062B48FF71C2890E37774 FFFD2BDD20281F0088AB533B954C6D72296861BB 2017 2019-02-21 02:37:17Z STEVE DAVISON POST OFFICE BOX 3183 TECH STATION RUSTON LA 71272 41113885 0 X WWW.LATECHALUMNI.ORG/FOUNDATION X 1964 LA THE LOUISIANA TECH UNIVERSITY FOUNDATION WAS ORGANIZED TO SOLICIT, RECEIVE, HOLD, INVEST AND TRANSFER FUNDS FOR THE BENEFIT OF LOUISIANA TECH UNIVERSITY. THE FOUNDATION ALSO ASSISTS LOUISIANA TECH UNIVERSITY IN MEETING THE CRITERIA FOR ACCREDITATION AS OUTLINED BY THE COMMISSION ON COLLEGES FOR THE SOUTHERN ASSOCIATION OF COLLEGES AND SCHOOLS. 59 59 39 60 0 0 17836483 18471746 0 0 1444425 1300567 3489037 2896204 22769945 22668517 9071694 9001384 0 0 51887 52382 0 0 2396346 21443103 17895727 30566684 26949493 -7796739 -4280976 99757392 94721879 56754050 55903629 43003342 38818250 X THE LOUISIANA TECH UNIVERSITY FOUNDATION WAS ORGANIZED TO SOLICIT, RECEIVE, HOLD, INVEST AND TRANSFER FUNDS FOR THE BENEFIT OF LOUISIANA TECH UNIVERSITY. THE FOUNDATION ALSO ASSISTS LOUISIANA TECH UNIVERSITY IN MEETING THE CRITERIA FOR ACCREDITATION AS OUTLINED BY THE COMMISSION ON COLLEGES FOR THE SOUTHERN ASSOCIATION OF COLLEGES AND SCHOOLS. 0 0 21376241 9001384 2896204 AMOUNTS EXPENDED FOR SCHOLARSHIPS, EQUIPMENT, SUPPLIES, FACILITIES, AND OTHER ITEMS THAT HELP PROMOTE, IMPROVE, OR SUSTAIN PROGRAMS OF LOUISIANA TECH UNIVERSITY. 21376241 1 1 0 0 0 0 1 0 0 1 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 1 50 0 1 39 1 0 0 0 0 0 0 0 0 0 0 X 59 59 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 X X PAM GILLEY 3182257590 TECH DRIVE RUSTON LA 71272 X AGNES C MILLER DIRECTOR 2.00 X 0 0 0 BECKY M NAPPER DIRECTOR 2.00 X 0 0 0 BENNY L DENNY DIRECTOR 2.00 X 0 0 0 BILL BRADLEY DIRECTOR 2.00 X 0 0 0 CARRELL G DOWIES JR DIRECTOR 2.00 X 0 0 0 CAROLINE REAVES DIRECTOR 2.00 X 0 0 0 CHARLES E SPRUELL DIRECTOR 2.00 X 0 0 0 CHRIS RICHARDSON DIRECTOR 2.00 X 0 0 0 CONNIE M HOWARD DIRECTOR 2.00 X 0 0 0 DAVID G DARLAND DIRECTOR 2.00 X 0 0 0 DONALD R UPDEGRAFF DIRECTOR 2.00 X 0 0 0 DRAKE MILLS DIRECTOR 2.00 X 0 0 0 DR CAROL R RIDENOUR DIRECTOR 2.00 X 0 0 0 DR MARVIN T GREEN JR DIRECTOR 2.00 X 0 0 0 DR O JEAN HALL DIRECTOR 2.00 X 0 0 0 GEORGE BLANKENSHIP DIRECTOR 2.00 X 0 0 0 GEORGE A BALDWIN JR DIRECTOR 2.00 X 0 0 0 GEORGE E BREAZEAL DIRECTOR 2.00 X 0 0 0 GLEN F POST III DIRECTOR 2.00 X 0 0 0 HILTON NICHOLSON DIRECTOR 2.00 X 0 0 0 JAMES E DAVISON SR DIRECTOR 2.00 X 0 0 0 JAMES C LOVE III DIRECTOR 2.00 X 0 0 0 JAMES L KILPATRICK DIRECTOR 2.00 X 0 0 0 JAMES W ADAMS DIRECTOR 2.00 X 0 0 0 JANET WONG DIRECTOR 2.00 X 0 0 0 JASON BULLOCK DIRECTOR 2.00 X 0 0 0 JEROME VASCOCU DIRECTOR 2.00 X 0 0 0 JIM E DAVISON JR DIRECTOR 2.00 X 0 0 0 JIMMY TERRILL DIRECTOR 2.00 X 0 0 0 JOHN D CARUTHERS JR DIRECTOR 2.00 X 0 0 0 JOHN E ALLEN JR DIRECTOR 2.00 X 0 0 0 JOHN E MAXWELL DIRECTOR 2.00 X 0 0 0 JOHN J LONG DIRECTOR 2.00 X 0 0 0 JOSEPH B PSALMONDS JR DIRECTOR 2.00 X 0 0 0 JULIE R WILKERSON DIRECTOR 2.00 X 0 0 0 KATIE SAMUELS DIRECTOR 2.00 X 0 0 0 LEU F WILDER DIRECTOR 2.00 X 0 0 0 M GLEN BASSETT DIRECTOR 2.00 X 0 0 0 MARGARET DAVISON DIRECTOR 2.00 X 0 0 0 MICHAEL B MCCALLISTER DIRECTOR 2.00 X 0 0 0 PATRICIA T HARPER DIRECTOR 2.00 X 0 0 0 PATSY S WOLFE DIRECTOR 2.00 X 0 0 0 RUSSELL A NOLAN DIRECTOR 2.00 X 0 0 0 RYAN KILPATRICK DIRECTOR 2.00 X 0 0 0 SHARILYN GASAWAY DIRECTOR 2.00 X 0 0 0 TERRY EWING DIRECTOR 2.00 X 0 0 0 THOMAS J FOLK DIRECTOR 2.00 X 0 0 0 TIM PETRUS DIRECTOR 2.00 X 0 0 0 TODD DAVISON DIRECTOR 2.00 X 0 0 0 TOM O'NEAL DIRECTOR 2.00 X 0 0 0 TRAVIS L DEFREESE DIRECTOR 2.00 X 0 0 0 TY BROMELL DIRECTOR 2.00 X 0 0 0 WILLIAM S BUNDRICK DIRECTOR 2.00 X 0 0 0 VIRGIL ORR DIRECTOR 2.00 X 0 0 0 JACK E BYRD PAST PRESIDENT 3.00 X X 0 0 0 ELIZABETH E GREEN SECRETARY 3.00 X X 0 0 0 DON MCGEHEE TREASURER 3.00 X X 0 0 0 BILL HOGAN VICE PRESIDENT 3.00 X X 0 0 0 STEVE DAVISON PRESIDENT 4.00 X X 0 0 0 0 0 0 0 0 0 0 LINCOLN BUILDERS PO BOX 400 RUSTON LA 71273 CONSTRUCTION FOR DAC AND PRESS BOX 16225501 BROWN BUILDERS 1619 JIMMIE DAVIS HWY BOSSIER CITY LA 71112 CONSTRUCTION 1559311 SKIP HOLTZ 2168 LLANGELER RUSTON LA 71270 FOOTBALL COACH 495000 ARAMARK CAMPUS SERVICES CAMPUS BOX 21 RUSTON LA 71272 FOOD SERVICE PROVIDER 377017 WOODVALE INTERIORS 313 WEST ALABAMA RUSTON LA 71270 INTERIOR DESIGN 253282 5 18471746 5377631 18471746 603422 603422 19142513 18445368 697145 697145 697145 ATHLETIC ACTIVITY RECEIPTS 900009 1773293 1773293 SERVICE CHARGES 900099 1170577 1170577 MISCELLANEOUS 900099 -47666 -47666 2896204 22668517 2896204 0 1300567 9001384 9001384 50364 50364 2018 2018 917 917 45000 45000 3674 3674 2921 2921 35299 35299 12160 12160 54181 54181 10399 10399 AUXILLARY EXPENSES 8367335 8367335 INSTITUTIONAL SUPPORT 6839743 6839743 GENERAL ADMINISTRATIVE 2994709 2994709 INSTRUCTIONAL SUPPORT 2313927 2313927 -2784538 -5200329 75517 2340274 26949493 21376241 3176906 2396346 15965060 5782512 5760035 5403532 1380931 698503 11054000 12272808 579 4522661 3937838 658355 584823 57123614 58535899 6778277 5943278 1036541 5500524 99757392 94721879 3857651 127389 1310506 655253 12637951 15383065 38947942 39737922 56754050 55903629 X 1642883 4574283 10709327 1705788 30651132 32538179 43003342 38818250 99757392 94721879 -4280976 95884 0 X X 0 1 X 1 0 X 16635920 12986701 11672182 16208248 17944326 75447377 16635920 12986701 11672182 16208248 17944326 75447377 9113604 66333773 608137 667116 646007 778920 603422 3303602 2716339 1458355 1119032 1343350 1170577 7807653 86558632 0.76630 0.67580 X X 1 852.00 0 0 0 1 1 80.00 0 32393350 1428087 1807686 1424945 34204178 31769199 1215283 2596315 3187447 32393350 32382465 1448749 109133 2171148 31769199 28510326 4935930 725521 1789311 32382465 25290665 2518193 2699961 1998493 28510326 0.95000 0.05000 0 0 114557 114557 4408104 3937838 470266 584823 OTHER SECURITIES - MMKTS, CDS, MUTUAL FUNDS 5943278 F 5943278 CASH SURRENDER VALUE OF LIFE INSURANCE 67546 LIVESTOCK (RESTRICTED) 284390 OTHER ASSETS (RESTRICTED) 13670 REAL ESTATE INVESTMENTS 5134918 5500524 ACCRUED INTEREST PAYABLE 791 ANNUITIES LIABILITY 134045 DUE TO LA TECH UNIVERSITY 39603086 39737922 X 22764401 95884 95884 22668517 0 22668517 26949493 0 26949493 0 26949493 PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE (IRC) AS AN ORGANIZATION DESCRIBED IN IRC SECTION 501(C)(3). THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE FINANCIAL STATEMENTS, BUT THE FOUNDATION IS REQUIRED TO FILE AN ANNUAL INFORMATION TAX RETURN. THE FOUNDATION IS ALSO REQUIRED TO REVIEW VARIOUS TAX POSITIONS IT HAS TAKEN WITH RESPECT TO ITS EXEMPT STATUS AND TO DETERMINE WHETHER IN FACT IT IS A TAX EXEMPT ENTITY. THE FOUNDATION MUST ALSO CONSIDER WHETHER IT HAS NEXUS IN JURISDICTIONS IN WHICH IT HAS INCOME AND WHETHER A TAX RETURN IS REQUIRED IN THOSE JURISDICTIONS. IN ADDITION, AS A TAX EXEMPT ENITY, THE FOUNDATION MUST ASSESS WHETHER IT HAS ANY TAX POSITIONS ASSOCIATED WITH UNRELATED BUSINESS INCOME SUBJECT TO INCOME TAX. THE FOUNDATION DOES NOT EXPECT ITS POSITIONS TO CHANGE SIGNIFICANTLY OVER THE NEXT TWELVE MONTHS. ANY PENALTIES RELATED TO LATE FILING OR OTHER REQUIREMENTS WOULD BE RECOGNIZED AS PENALTIES EXPENSE IN THE FOUNDATION'S ACCOUNTING RECORDS. THE FOUNDATION FILES U. S. FEDERAL FORM 990 FOR INFORMATIONAL PURPOSES. THE FOUNDATION'S FEDERAL INCOME TAX RETURNS FOR THE TAX YEARS 2013 AND BEYOND REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. 1 LOUISIANA TECH UNIVERSITY TECH DRIVE RUSTON LA 71270 726000792 501(C)(3) 9001384 SCHOLARSHIPS, EQUIPMENT, SUPPLIES, FACILITIES, AND OTHER ITEMS TO PROMOTE, IMPROVE, OR SUSTAIN THE UNIVERSITY. X 44 1418060 DONORS COST X 1 180000 DONORS COST X 1 3493200 DONORS COST X 1 215 DONORS COST X VEHICLE LEASE 6 75000 DONORS COST X DONATED FLIGHTS 2 56276 DONORS COST X AUTO LEASE 7 41367 DONORS COST X LIFE INSURANCE POLICY 1 32360 CASH VALUE X LIVESTOCK 15 31175 DONORS COST X PHYSICAL THERAPY GIK 1 16616 DONORS COST X GIFTCARDS 1 8100 DONORS COST X AUTO INSURANCE 1 4500 DONORS COST X TABLES, SCAFFOLDING AND TSHIRTS 3 4438 DONORS COST X RECEPTION 1 3974 DONORS COST X AUCTION ITEMS 1 2500 DONORS COST X VARIOUS EQUIPMENT 1 1900 DONORS COST X IPHONE 1 1200 DONORS COST X HELMETS FOR ANIMAL RESCUE WORKERS 1 1176 DONORS COST X FIRE PITS 2 850 DONORS COST X WBBB ITEMS 1 845 DONORS COST X LAUNDRY CARTS 1 678 DONORS COST X SWING 1 650 DONORS COST X PHOTOGRAPHY 1 600 DONORS COST X STAINED GLASS FOR AUCTION 1 568 DONORS COST X VET SUPPLIES 1 450 DONORS COST X COMPUTER EQUIPMENT 1 345 DONORS COST X MAYHAW TREES 4 320 DONORS COST X TAILGATE ITEMS 2 267 DONORS COST 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S FORM 990 IS REVIEWED BY PAM GILLEY. CFO, AND SIGNED BY THE PRESIDENT PRIOR TO BEING FILED WITH THE IRS. THE GOVERNING BODY DOES NOT REVIEW FORM 990 BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS REGULARLY AND CONSISTENTLY MONITORS THE BUSINESS TRANSACTIONS OF THE ORGANIZATION TO ENSURE THAT THEY ARE IN COMPLIANCE WITH THE ORGANIZATION'S POLICIES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C DURING THE YEAR, THERE WERE NO CHANGES IN EITHER THE ORGANIZATION'S OVERSIGHT PROCESS OR SELECTION PROCESS. LOUISIANA TECH UNIVERSITY 900 TECH DRIVE RUSTON LA 71270 726000792 PUBLIC UNIVERSITY LA 501(C)(3) 170(B)(1)(A)(VI) N/A 0 LOUISIANA TECH RESEARCH CORP 900 TECH DRIVE RUSTON LA 71270 471764960 RECEIVE/ADMINISTER FUNDS FOR PUBLIC UNIVERSITY R&D AND INTELLECTUAL PROPERTY LA 501(C)(3) LINE 7 N/A 1 INNOVATIVE STUDENT FACILITIES PO BOX 3183 RUSTON LA 71272 680522870 ACQUIRE AND CONSTRUCT STUDENT HOUSING LA 501(C)(3) LINE 12A, I 0 0 1 1 0 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 LOUISIANA TECH UNIVERSITY B 9001384 ACCRUAL LOUISIANA TECH UNIVERSITY C 1785630 ACCRUAL LOUISIANA TECH UNIVERSITY P 3293043 ACCRUAL LOUISIANA TECH UNIVERSITY E 39603086 ACCRUAL