2018-10-19T15:14:49-05:00 2017-12-31 721088864 LAPORTE APAC TOWN HALL WEST 10000 PERKINS ROWE 200 BATON ROUGE LA 708101797 990 2017-01-01 721004960 TIGER ATHLETIC FOUNDATION TIGE 2255784823 PO BOX 711 BATON ROUGE LA 708210711 ALICIA VIDRINE CFO AND VICE PRESIDENT 2255784823 2018-09-20 1 JOHN S WILES CPA P01222673 2252965150 64.88.174.3 2018-09-20 11:23:37 CD P 55F67F665E8EB3A5937DD89F257CE072052B1462 259ABC9F7F580F89D5BEBC5592CB653942937EF4 2017 2018-06-14 16:35:46Z ALICIA VIDRINE PMAC - NORTH STADIUM DRIVE BATON ROUGE LA 70803 63471868 0 X WWW.LSUTAF.ORG X 1983 LA TO SUPPORT LOUISIANA STATE UNIVERSITY AND ITS ATHLETIC AND EDUCATION PROGRAMS. 38 38 250 38 0 0 48063861 45361183 8775000 8625000 2292324 2825019 4254378 6006022 63385563 62817224 18537448 11778476 0 0 4076577 4300649 0 0 2665851 20070614 20858065 42684639 36937190 20700924 25880034 480706726 498725098 263528961 254330031 217177765 244395067 TO SUPPORT LOUISIANA STATE UNIVERSITY AND ITS ATHLETIC PROGRAMS 0 0 14502959 11689477 11521 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. 13393480 8625000 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. 584320 88999 TIGER ATHLEIC FOUNDATION (TAF) SUPPORTS LOUISIANA STATE UNIVERSITY AGRICULTURAL AND MECHANICAL COLLEGE (LSU). 28480759 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 1 0 1 35 0 1 250 1 0 0 0 0 0 1 1 0 0 0 0 X 38 38 0 1 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X X X ALICIA VIDRINE 2255784823 PMAC - NORTH STADIUM DRIVE BATON ROUGE LA 70803 E ROBERT THERIOT IMMEDIATE PAST PRESIDENT 2.00 X X 0 0 0 JAKE NETTERVILLE CHAIRMAN 2.00 X X 0 0 0 BRIAN P CHERAMIE CHAIRMAN - ELECT 2.00 X X 0 0 0 TODD SCHEXNAYDER SECRETARY 2.00 X X 0 0 0 R CRAIG RATHJEN TREASURER 2.00 X X 0 0 0 THERESA M GALLION BOARD OF DIRECTORS 2.00 X 0 0 0 BRUCE A ADAMS BOARD OF DIRECTORS 2.00 X 0 0 0 WOODY D BILYEU BOARD OF DIRECTORS 2.00 X 0 0 0 JERRY SHEA JR BOARD OF DIRECTORS 2.00 X 0 0 0 STEVEN J SHERMAN BOARD OF DIRECTORS 2.00 X 0 0 0 BETH TOPE BOARD OF DIRECTORS 2.00 X 0 0 0 CHARLES S WILLIAMS BOARD OF DIRECTORS 2.00 X 0 0 0 AIMEE SIMON BOARD OF DIRECTORS 2.00 X 0 0 0 ERIC D HILL EXECUTIVE COMMITTEE 2.00 X 0 0 0 DWAYNE HONORE' EXECUTIVE COMMITTEE 2.00 X 0 0 0 JOE LARUSSA EXECUTIVE COMMITTEE 2.00 X 0 0 0 PETE BUSH BOARD OF DIRECTORS 2.00 X 0 0 0 RIC KEARNY BOARD OF DIRECTORS 2.00 X 0 0 0 LAURA LEACH BOARD OF DIRECTORS 2.00 X 0 0 0 MELINDA W MANGHAM EXECUTIVE COMMITTEE 2.00 X 0 0 0 ROBERT J PATRICK BOARD OF DIRECTORS 2.00 X 0 0 0 DOUG WHITE BOARD OF DIRECTORS 2.00 X 0 0 0 SANDY YOUNG BOARD OF DIRECTORS 2.00 X 0 0 0 DAVID ROBERTS EXECUTIVE COMMITTEE 2.00 X 0 0 0 LAWRENCE X BOUCVALT III BOARD OF DIRECTORS 2.00 X 0 0 0 LINDA DOWLING BOARD OF DIRECTORS 2.00 X 0 0 0 JANICE GUITREAU BOARD OF DIRECTORS 2.00 X 0 0 0 THOMAS JUNEAU BOARD OF DIRECTORS 2.00 X 0 0 0 LEIGH D KING BOARD OF DIRECTORS 2.00 X 0 0 0 RONNIE LABORDE BOARD OF DIRECTORS 2.00 X 0 0 0 ERIC LANE BOARD OF DIRECTORS 2.00 X 0 0 0 MICHAEL E OLINDE BOARD OF DIRECTORS 2.00 X 0 0 0 DARREL J PAPILLION BOARD OF DIRECTORS 2.00 X 0 0 0 CHARLES H PENN III BOARD OF DIRECTORS 2.00 X 0 0 0 ALLYSON PHARR BOARD OF DIRECTORS 2.00 X 0 0 0 STEVE ROBINSON BOARD OF DIRECTORS 2.00 X 0 0 0 KELLY SPEARS BOARD OF DIRECTORS 2.00 X 0 0 0 DAVID TOMS BOARD OF DIRECTORS 2.00 X 0 0 0 RICHARD B PERRY PRESIDENT AND CEO 40.00 X 351685 0 41255 ALICIA VIDRINE VICE PRESIDENT OF ACCOUNTING & FINANCE AND CFO 40.00 X 166452 0 42904 DAVID HARDY EXEC. VICE PRESIDENT & GENERAL COUNSEL 40.00 X 271301 0 29707 BENJAMIN J BROUSSARD VICE PRESIDENT OF DEVELOPMENT 40.00 X 195404 0 36546 JOSEPH M CARVALHIDO VICE PRESIDENT OF OPERATIONS & SERVICES 40.00 X 176304 0 45101 ROBERT B ROSS EXEC. DIRECTOR OF DEVELOPMENT 40.00 X 152634 0 36614 BUNNIE CANNON EXEC. DIRECTOR OF PLANNED GIVING & STEWARDSHIP 40.00 X 164723 0 22581 1478503 0 254708 7 0 1 0 ARKEL CONSTRUCTORS PO BOX 4307 BATON ROUGE LA 70821 CONSTRUCTION 8683592 ALPHA VIDEO AND AUDIO INC 7690 GOLDEN TRIANGLE DR EDEN PRAIRIE MN 55344 VIDEO EQUIPMENT 3498984 PANASONIC CORP OF NORTH AMERICA PO BOX 13887 NEWARK NJ 07102 VIDEO EQUIPMENT 3052269 THE LEMOINE COMPANY 214 JEFFERSON ST SUITE 200 LAFAYETTE LA 70501 CONSTRUCTION 2864840 DRAKES CATERING LLC PO BOX 86730 BATON ROUGE LA 70879 CATERING 1856683 34 42300 58390 45260493 1164914 45361183 GROSS RENTS FOR PREMIU 532000 8500000 8500000 KITCHEN LEASE PAYMENT 532000 125000 125000 8625000 2977763 2977763 5899937 0 5899937 5899937 5899937 331533 484277 -152744 -152744 -152744 264931 42300 170367 94564 94564 MISCELLANEOUS 900099 11521 11521 11521 62817224 8636521 0 8819520 11778476 11778476 1161146 161334 999812 2084808 162995 1010111 911702 826557 114339 477928 234290 228138 28106 130300 69732 66705 66705 148118 148118 131498 36555 94943 892889 858289 34600 183586 143327 40259 288313 51000 213273 24040 542525 101022 441503 36869 36869 4923345 4923345 6493326 6493326 621608 507833 113775 CATERING AND OTHER 2426079 2426079 BAD DEBT 1393621 1393621 MEMBERSHIP 570068 31243 538825 ACADEMIC AWARDS 445321 445321 1694194 1285345 132892 275957 36937190 28480759 5790580 2665851 800 800 181995647 191839371 21582552 19168568 1009202 965492 50292882 46589551 539545 528478 268083707 47320513 217128001 220763194 8158097 18869644 480706726 498725098 941148 2420413 63418422 65204583 165839877 157727313 27333434 24908926 5996080 4068796 263528961 254330031 X 142069390 170424179 58022280 55938106 17086095 18032782 217177765 244395067 480706726 498725098 25880034 1337268 0 X X 0 1 X 1 0 X 38571728 50249636 50969750 48063861 45361183 233216158 38571728 50249636 50969750 48063861 45361183 233216158 233216158 7811589 12592181 4792821 6433877 8877700 40508168 2736 200 2431 1714 11521 18602 273742928 26050000 0.85200 0.85700 X 15994072 946687 1864084 564328 18240515 12865558 2711887 466698 50071 15994072 11393136 2559668 -639621 447625 12865558 10763439 1104993 -51041 424255 11393136 10217802 574919 330092 359374 10763439 1.00000 0 0 4740000 4740000 250053472 46330225 203723247 4784451 619716 4164735 450996 370572 80424 8054788 8054788 220763194 AMOUNTS HELD IN CUSTODY FOR OTHERS 4068796 4068796 X 64324859 1337268 1337268 62987591 -170367 -170367 62817224 37107557 170367 170367 36937190 0 36937190 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: FUNDRAISING EVENTS EXPENSES - RECORDED NET ON TAX RETURN WITH FUNDRAISING EVENTS INCOME -170,367. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENTS EXPENSES - RECORDED NET ON TAX RETURN WITH FUNDRAISING EVENTS INCOME 170,367. GOLF TOURNAMENT 94425 94425 18424 20269 TIGER TOURS 34730 34730 5155 80064 3 178076 42300 135776 5335 7300 33820 307231 42300 264931 23579 5335 7300 134153 170367 94564 1 LOUISIANA STATE UNIVERSITY 110 THOMAS BOYD HALL BATON ROUGE LA 70803 726000848 SEE PART IV 11778476 TO SUPPORT LOUISIANA STATE UNIVERSITY'S ATHLETIC PROGRAMS 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. X X X X 1 1 X X X 0 0 0 0 0 0 0 0 0 RICHARD B PERRY PRESIDENT AND CEO 351685 0 0 0 0 0 20250 0 21005 0 392940 0 0 0 ALICIA VIDRINE VICE PRESIDENT OF ACCOUNTING & FINAN 166452 0 0 0 0 0 12910 0 29994 0 209356 0 0 0 DAVID HARDY EXEC. VICE PRESIDENT & GENERAL COUNS 271301 0 0 0 0 0 20250 0 9457 0 301008 0 0 0 BENJAMIN J BROUSSARD VICE PRESIDENT OF DEVELOPMENT 195404 0 0 0 0 0 11981 0 24565 0 231950 0 0 0 JOSEPH M CARVALHIDO VICE PRESIDENT OF OPERATIONS & SERVI 176304 0 0 0 0 0 13748 0 31353 0 221405 0 0 0 ROBERT B ROSS EXEC. DIRECTOR OF DEVELOPMENT 152634 0 0 0 0 0 11506 0 25108 0 189248 0 0 0 BUNNIE CANNON EXEC. DIRECTOR OF PLANNED GIVING & S 164723 0 0 0 0 0 12416 0 10165 0 187304 0 0 0 A LA PUBLIC FACILITIES AUTHORITY 720895871 2012-10-23 70000000 SEE PART VI 0 1 0 B LA PUBLIC FACILITIES AUTHORITY 720895871 2015-07-01 52000000 SEE PART VI 0 1 0 C LA PUBLIC FACILITIES AUTHORITY 720895871 546398D47 2015-11-02 53045000 SEE PART VI 0 1 0 A 70000000 629650 69370350 2014 0 0 1 1 B 52000000 52000000 2015 1 0 1 1 C 53045000 53045000 2015 1 0 1 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 A 0 1 1 0 1 0 0 0 1 B 0 1 1 0 0 0 0 0 1 C 0 1 1 0 0 0 0 0 1 A 0 B 0 C 0 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. X 21 1157614 X 1 7300 0 1 0 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. PART XII, LINE 2C EXPLANATION THERE WERE NO CHANGES MADE TO THE AUDIT COMMITTEE PROCESSES FROM THE PRIOR YEAR. TIGER AFFILIATED CHAPTERS P O BOX 711 BATON ROUGE LA 70821 273525396 SOCIAL CLUB PROMOTING LSU ATHLETICS LA 501(C)(7) TIGER ATHLETIC FOUNDATION 1 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 TIGER AFFILIATED CHAPTERS C 58390 CASH - FAIR MARKET VALUE TIGER AFFILIATED CHAPTERS M 35993 CASH - FAIR MARKET VALUE