TIGER ATHLETIC FOUNDATION: Form 990, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- TIGER ATHLETIC FOUNDATION (EIN 72-1004960)
- Tax period
- 2015-01-01 to 2015-12-31
- Filed
- 2017-01-13
- IRS object ID
- 201740139349301719
- Schema version
- 2015v3.0
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-01-13T16:03:57-06:00 | ReturnTs |
| Tax Period End | 2015-12-31 | 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 | TOWN HALL WEST 10000 PERKINS ROWE | AddressLine1Txt |
| Address Line2 | 200 | AddressLine2Txt |
| City | BATON ROUGE | CityNm |
| State Abbreviation | LA | StateAbbreviationCd |
| ZIP | 708101797 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2015-01-01 | 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 | VICE PRESIDENT AND CFO | PersonTitleTxt |
| Phone | 2255784823 | PhoneNum |
| Signature | 2017-01-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | SEAN O'NEILL CPA | PreparerPersonNm |
| PTIN | P01061021 | PTIN |
| Phone | 2252965150 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | FRANK R MILLER | 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 | $64,928,596 | 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 | 40 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 40 | VotingMembersIndependentCnt |
| Total Employee | 246 | TotalEmployeeCnt |
| Total Volunteers | 40 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $50,249,636 | PYContributionsGrantsAmt |
| CY Contributions Grants | $50,969,750 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $8,775,000 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $8,775,000 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,399,135 | PYInvestmentIncomeAmt |
| CY Investment Income | $2,289,422 | CYInvestmentIncomeAmt |
| PY Other Revenue | $2,530,525 | PYOtherRevenueAmt |
| CY Other Revenue | $2,679,791 | CYOtherRevenueAmt |
| PY Total Revenue | $62,954,296 | PYTotalRevenueAmt |
| CY Total Revenue | $64,713,963 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $9,410,871 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $17,785,634 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $3,990,640 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $3,865,254 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $2,006,335 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $16,570,037 | PYOtherExpensesAmt |
| CY Other Expenses | $20,409,320 | CYOtherExpensesAmt |
| PY Total Expenses | $29,971,548 | PYTotalExpensesAmt |
| CY Total Expenses | $42,060,208 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $32,982,748 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $22,653,755 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $465,036,593 | TotalAssetsBOYAmt |
| Total Assets EOY | $478,141,192 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $290,711,323 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $282,113,118 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $174,325,270 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $196,028,074 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO SUPPORT LOUISIANA STATE UNIVERSITY AND ITS ATHLETIC PROGRAMS | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $20,476,657 | ExpenseAmt |
| Grant | $17,777,534 | GrantAmt |
| Revenue | $2,431 | 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 | $14,742,511 | ExpenseAmt |
| Revenue | $8,775,000 | 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 | $330,217 | ExpenseAmt |
| Grant | $8,100 | 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 | $35,549,385 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | 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 | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| 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 | Yes (1) | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| 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 | 38 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 246 | 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 | Yes (1) | Form8282PropertyDisposedOfInd |
| Form8282 Filed | 1 | Form8282FiledCnt |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 40 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 40 | 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 (49 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| E ROBERT BOBBY THERIOT | ||||||||
| CHAIRMAN | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| JAKE NETTERVILLE | ||||||||
| CHAIRMAN - ELECT | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| BRIAN P CHERAMIE | ||||||||
| TREASURER | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| CHARLES S WEEMS III | ||||||||
| SECRETARY | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| HF HANK ANDERSON | ||||||||
| IMMEDIATE PAST PRESIDENT | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| JERRY D DUMAS SR | ||||||||
| EXECUTIVE COMMITTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| THERESA M GALLION | ||||||||
| EXECUTIVE COMMITTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| GORDON L GORDY RUSH III | ||||||||
| EXECUTIVE COMMITTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| TODD SCHEXNAYDER | ||||||||
| EXECUTIVE COMMITTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| JACQUELINE VINES | ||||||||
| EXECUTIVE COMMITTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| RICHARD E ZUSCHLAG | ||||||||
| EXECUTIVE COMMITTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| BRUCE A ADAMS | ||||||||
| BOARD OF DIRECTORS | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| WOODY D BILYEU | ||||||||
| BOARD OF DIRECTORS | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| ERIC EDWARDS | ||||||||
| BOARD OF DIRECTORS | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| JAMIE HOWARD | ||||||||
| BOARD OF DIRECTORS | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| PATRICK JUNEAU | ||||||||
| BOARD OF DIRECTORS | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| SCOTT MORAN | ||||||||
| BOARD OF DIRECTORS | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| JERRY SHEA JR | ||||||||
| BOARD OF DIRECTORS | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| STEVEN J SHERMAN | ||||||||
| BOARD OF DIRECTORS | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| BETH TOPE | ||||||||
| BOARD OF DIRECTORS | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| CHARLES S BURNEY WILLIAMS | ||||||||
| BOARD OF DIRECTORS | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| G ARCHER FRIERSON II | ||||||||
| BOARD OF DIRECTORS | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| EULIS SIMIEN JR | ||||||||
| BOARD OF DIRECTORS | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| BRIAN H WOODARD | ||||||||
| BOARD OF DIRECTORS | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| AIMEE SIMON | ||||||||
| BOARD OF DIRECTORS | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| BEN BORDELON | ||||||||
| BOARD OF DIRECTORS | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| TODD GRAVES | ||||||||
| BOARD OF DIRECTORS | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| ERIC HILL | ||||||||
| BOARD OF DIRECTORS | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| DWAYNE HONORE' | ||||||||
| BOARD OF DIRECTORS | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| JOE LARUSSA | ||||||||
| BOARD OF DIRECTORS | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| TREY BOUCVAULT | ||||||||
| BOARD OF DIRECTORS | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| PETE BUSH | ||||||||
| BOARD OF DIRECTORS | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| RIC KEARNY | ||||||||
| BOARD OF DIRECTORS | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| LAURA LEACH | ||||||||
| BOARD OF DIRECTORS | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| MELINDA MANGHAM | ||||||||
| BOARD OF DIRECTORS | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| ROBERT J PATRICK | ||||||||
| BOARD OF DIRECTORS | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| DAVID RAINES | ||||||||
| BOARD OF DIRECTORS | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| CRAIG RATHJEN | ||||||||
| BOARD OF DIRECTORS | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| DOUG WHITE | ||||||||
| 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 AND CEO | 40.00 | Yes (X) | $291,748 | $0 | $37,784 | |||
| FRANK R MILLER | ||||||||
| VICE PRESIDENT OF ACCOUNTING AND FINANCE AND CFO | 40.00 | Yes (X) | $213,975 | $0 | $33,413 | |||
| RONALD G RICHARD | ||||||||
| CEO EMERITUS | 1.00 | $572,892 | $0 | $1,191 | Yes (X) | |||
| DAVID HARDY | ||||||||
| EXECUTIVE VICE PRESIDENT & GENERAL COUNSEL | 40.00 | $104,130 | $0 | $11,982 | Yes (X) | |||
| BENJAMIN J BROUSSARD | ||||||||
| VICE PRESIDENT OF DEVELOPMENT | 40.00 | $208,547 | $0 | $42,540 | Yes (X) | |||
| JOSEPH CARVALHIDO | ||||||||
| VICE PRESIDENT OF OPERATIONS AND SERVICES | 40.00 | $162,960 | $0 | $39,167 | Yes (X) | |||
| ROBERT B ROSS | ||||||||
| EXECUTIVE DIRECTOR OF DEVELOPMENT | 40.00 | $139,228 | $0 | $37,574 | Yes (X) | |||
| ALICIA VIDRINE | ||||||||
| EXEC. DIRECTOR - ACCOUNTING AND FINANCE | 40.00 | $126,149 | $0 | $35,482 | Yes (X) | |||
| MICHAEL OBLINGER | ||||||||
| DIRECTOR OF DEVELOPMENT | 40.00 | $102,083 | $0 | $25,544 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,921,712 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $264,677 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 9 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | 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 |
|---|---|---|---|---|---|
| BUQUET & LEBLANC | |||||
| PO BOX 549 | BATON ROUGE | LA | 70821 | CONSTRUCTION | $13,944,668 |
| DRAKES CATERING LLC | |||||
| PO BOX 86730 | BATON ROUGE | LA | 70879 | CATERING | $2,338,298 |
| THE LEMOINE COMPANY | |||||
| 214 JEFFERSON ST SUITE 200 | LAFAYETTE | LA | 70501 | CONSTRUCTION | $1,804,138 |
| EXECUTIVE AIRCRAFT CHARTER SERVICE | |||||
| PO BOX 98000 | LAFAYETTE | LA | 70509 | TRAVEL | $1,019,136 |
| BANCORPS SOUTH INSURANCE SERVICES INC | |||||
| PO BOX 228 | BILOXI | LA | 39533 | INSURANCE | $828,513 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 28 | CntrctRcvdGreaterThan100KCnt |
| Related Organizations | $100,430 | RelatedOrganizationsAmt |
| All Other Contributions | $50,869,320 | AllOtherContributionsAmt |
| Noncash Contributions | $2,868,115 | NoncashContributionsAmt |
| Total Contributions | $50,969,750 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| GROSS RENTS FROM PREMI | 532000 | $8,500,000 | $8,500,000 |
| KITCHEN LEASE PAYMENT | 532000 | $275,000 | $275,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $8,775,000 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,289,422 | TotalRevenueColumnAmt |
| Exclusion | $2,289,422 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $2,503,399 | 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 | $2,503,399 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,503,399 | TotalRevenueColumnAmt |
| Exclusion | $2,503,399 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $388,594 | FundraisingGrossIncomeAmt |
| Fundraising Direct Expenses | $214,633 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $173,961 | TotalRevenueColumnAmt |
| Exclusion | $173,961 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $2,431 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,431 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $2,431 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $64,713,963 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $8,777,431 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $4,966,782 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,785,634 | TotalAmt |
| Program Services | $17,785,634 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $834,600 | TotalAmt |
| Program Services | $97,260 | ProgramServicesAmt |
| Management And General | $737,340 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,178,710 | TotalAmt |
| Program Services | $170,227 | ProgramServicesAmt |
| Management And General | $1,290,518 | ManagementAndGeneralAmt |
| Fundraising | $717,965 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $657,574 | TotalAmt |
| Program Services | $96,711 | ProgramServicesAmt |
| Management And General | $379,818 | ManagementAndGeneralAmt |
| Fundraising | $181,045 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $194,370 | TotalAmt |
| Program Services | $22,742 | ProgramServicesAmt |
| Management And General | $116,455 | ManagementAndGeneralAmt |
| Fundraising | $55,173 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,736 | TotalAmt |
| Program Services | $33,736 | ProgramServicesAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $156,870 | TotalAmt |
| Program Services | $156,870 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $161,083 | TotalAmt |
| Management And General | $161,083 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $70,205 | TotalAmt |
| Program Services | $37,983 | ProgramServicesAmt |
| Fundraising | $32,222 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $789,919 | TotalAmt |
| Management And General | $774,486 | ManagementAndGeneralAmt |
| Fundraising | $15,433 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $127,655 | TotalAmt |
| Management And General | $106,357 | ManagementAndGeneralAmt |
| Fundraising | $21,298 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $269,717 | TotalAmt |
| Program Services | $51,000 | ProgramServicesAmt |
| Management And General | $198,662 | ManagementAndGeneralAmt |
| Fundraising | $20,055 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $648,416 | TotalAmt |
| Management And General | $88,117 | ManagementAndGeneralAmt |
| Fundraising | $560,299 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,998 | TotalAmt |
| Management And General | $18,998 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,840,883 | TotalAmt |
| Program Services | $3,840,883 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,192,319 | TotalAmt |
| Program Services | $6,192,319 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $646,864 | TotalAmt |
| Program Services | $485,954 | ProgramServicesAmt |
| Management And General | $156,565 | ManagementAndGeneralAmt |
| Fundraising | $4,345 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| CATERING AND OTHER | $2,793,160 | $2,793,160 |
| LINE OF CREDIT/REMARKET | $2,350,345 | $2,350,345 |
| COACHES SUPPLEMENT | $512,000 | $512,000 |
| ACADEMIC AWARDS | $322,117 | $322,117 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,475,033 | TotalAmt |
| Program Services | $600,444 | ProgramServicesAmt |
| Management And General | $476,089 | ManagementAndGeneralAmt |
| Fundraising | $398,500 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $42,060,208 | TotalAmt |
| Program Services | $35,549,385 | ProgramServicesAmt |
| Management And General | $4,504,488 | ManagementAndGeneralAmt |
| Fundraising | $2,006,335 | 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 | $142,973,475 | BOYAmt |
| EOY | $158,002,737 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,926,496 | BOYAmt |
| EOY | $21,241,696 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $910,811 | BOYAmt |
| EOY | $1,020,710 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $247,892 | BOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $59,085,184 | BOYAmt |
| EOY | $57,509,956 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $966,474 | BOYAmt |
| EOY | $427,026 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $258,528,073 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $35,299,050 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $224,843,395 | BOYAmt |
| EOY | $223,229,023 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,082,066 | BOYAmt |
| EOY | $16,709,244 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $465,036,593 | BOYAmt |
| EOY | $478,141,192 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,309,632 | BOYAmt |
| EOY | $1,890,159 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $73,219,623 | BOYAmt |
| EOY | $69,688,810 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $178,760,000 | BOYAmt |
| EOY | $175,045,000 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,282,667 | BOYAmt |
| EOY | $29,622,276 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,139,401 | BOYAmt |
| EOY | $5,866,873 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $290,711,323 | BOYAmt |
| EOY | $282,113,118 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $103,759,420 | BOYAmt |
| EOY | $127,239,600 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $58,751,310 | BOYAmt |
| EOY | $54,414,266 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,814,540 | BOYAmt |
| EOY | $14,374,208 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $174,325,270 | BOYAmt |
| EOY | $196,028,074 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $465,036,593 | BOYAmt |
| EOY | $478,141,192 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $22,653,755 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$37,270 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$913,681 | OtherChangesInNetAssetsAmt |
| 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 | $42,239,769 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $48,059,512 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $38,571,728 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $50,249,636 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $50,969,750 | CurrentTaxYearAmt |
| Total | $230,090,395 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $42,239,769 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $48,059,512 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $38,571,728 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $50,249,636 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $50,969,750 | CurrentTaxYearAmt |
| Total | $230,090,395 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $230,090,395 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $7,316,647 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $7,736,908 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $7,811,589 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $12,592,181 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,792,821 | CurrentTaxYearAmt |
| Total | $40,250,146 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $450 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $673 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,736 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $200 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,431 | CurrentTaxYearAmt |
| Total | $6,490 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $270,347,031 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $10,360,751 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.85110 | PublicSupportCY170Pct |
| Public Support PY170 | 0.82060 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $11,393,136 | BeginningYearBalanceAmt |
| Contributions | $2,559,668 | ContributionsAmt |
| Investment Earnings Or Losses | -$639,621 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $447,625 | OtherExpendituresAmt |
| End Year Balance | $12,865,558 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $10,763,439 | BeginningYearBalanceAmt |
| Contributions | $1,104,993 | ContributionsAmt |
| Investment Earnings Or Losses | -$51,041 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $424,255 | OtherExpendituresAmt |
| End Year Balance | $11,393,136 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $10,217,802 | BeginningYearBalanceAmt |
| Contributions | $574,919 | ContributionsAmt |
| Investment Earnings Or Losses | $330,092 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $359,374 | OtherExpendituresAmt |
| End Year Balance | $10,763,439 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $8,668,170 | BeginningYearBalanceAmt |
| Contributions | $939,853 | ContributionsAmt |
| Investment Earnings Or Losses | $791,058 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $181,279 | OtherExpendituresAmt |
| End Year Balance | $10,217,802 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $8,601,358 | BeginningYearBalanceAmt |
| Contributions | $928,591 | ContributionsAmt |
| Investment Earnings Or Losses | -$579,930 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $281,849 | OtherExpendituresAmt |
| End Year Balance | $8,668,170 | 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 | $248,794,311 | OtherCostOrOtherBasisAmt |
| Depreciation | $34,418,343 | DepreciationAmt |
| Book Value | $214,375,968 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,568,038 | OtherCostOrOtherBasisAmt |
| Depreciation | $538,576 | DepreciationAmt |
| Book Value | $4,029,462 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $423,477 | OtherCostOrOtherBasisAmt |
| Depreciation | $342,131 | DepreciationAmt |
| Book Value | $81,346 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,247 | OtherCostOrOtherBasisAmt |
| Book Value | $2,247 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $223,229,023 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | AMOUNTS HELD IN CUSTODY FOR OTHERS | Desc |
| Amt | $5,866,873 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $5,866,873 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $63,977,645 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$950,951 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | -$950,951 | RevenueNotReportedAmt |
| Revenue Subtotal | $64,928,596 | RevenueSubtotalAmt |
| Other Revenues Not Included | -$214,633 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$214,633 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $64,713,963 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $42,026,949 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $214,633 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $214,633 | ExpensesNotReportedAmt |
| Expenses Subtotal | $41,812,316 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $247,892 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $247,892 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $42,060,208 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| 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 -214,633. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | FUNDRAISING EVENTS EXPENSES - RECORDED NET ON TAX RETURN WITH FUNDRAISING EVENTS INCOME 214,633. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | COMPENSATION - RONALD RICHARD 247,892. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | TIGER TOUR | Event1Nm |
| Gross Receipts Event1 | $96,150 | GrossReceiptsEvent1Amt |
| Gross Revenue Event1 | $96,150 | GrossRevenueEvent1Amt |
| Non Cash Prizes Event1 | $10,557 | NonCashPrizesEvent1Amt |
| Other Direct Expenses Event1 | $105,088 | OtherDirectExpensesEvent1Amt |
| Event2 | GOLF TOURNAMENT | Event2Nm |
| Gross Receipts Event2 | $94,925 | GrossReceiptsEvent2Amt |
| Gross Revenue Event2 | $94,925 | GrossRevenueEvent2Amt |
| Non Cash Prizes Event2 | $9,425 | NonCashPrizesEvent2Amt |
| Other Direct Expenses Event2 | $33,630 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 1 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $197,519 | GrossReceiptsOtherEventsAmt |
| Gross Revenue Other Events | $197,519 | GrossRevenueOtherEventsAmt |
| Oth Direct Expnss Other Events | $55,933 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $388,594 | GrossReceiptsTotalAmt |
| Gross Revenue Total Events | $388,594 | GrossRevenueTotalEventsAmt |
| Non Cash Prizes Total Events | $19,982 | NonCashPrizesTotalEventsAmt |
| Oth Direct Expnss Total Events | $194,651 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $214,633 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $173,961 | 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 | $17,785,634 | CashGrantAmt |
| 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 (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| 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 |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (1) | 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 (7 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RICHARD B PERRY | ||||||||||||||
| PRESIDENT AND CEO | $291,748 | $0 | $0 | $0 | $0 | $0 | $19,875 | $0 | $17,909 | $0 | $329,532 | $0 | $0 | $0 |
| FRANK R MILLER | ||||||||||||||
| VICE PRESIDENT OF ACCOUNTING AND FIN | $213,975 | $0 | $0 | $0 | $0 | $0 | $16,262 | $0 | $17,151 | $0 | $247,388 | $0 | $0 | $0 |
| RONALD G RICHARD | ||||||||||||||
| CEO EMERITUS | $0 | $0 | $0 | $0 | $572,892 | $0 | $0 | $0 | $1,191 | $0 | $574,083 | $0 | $0 | $0 |
| BENJAMIN J BROUSSARD | ||||||||||||||
| VICE PRESIDENT OF DEVELOPMENT | $208,547 | $0 | $0 | $0 | $0 | $0 | $16,122 | $0 | $26,418 | $0 | $251,087 | $0 | $0 | $0 |
| JOSEPH CARVALHIDO | ||||||||||||||
| VICE PRESIDENT OF OPERATIONS AND SER | $162,960 | $0 | $0 | $0 | $0 | $0 | $12,709 | $0 | $26,458 | $0 | $202,127 | $0 | $0 | $0 |
| ROBERT B ROSS | ||||||||||||||
| EXECUTIVE DIRECTOR OF DEVELOPMENT | $139,228 | $0 | $0 | $0 | $0 | $0 | $10,942 | $0 | $26,632 | $0 | $176,802 | $0 | $0 | $0 |
| ALICIA VIDRINE | ||||||||||||||
| EXEC. DIRECTOR - ACCOUNTING AND FINA | $126,149 | $0 | $0 | $0 | $0 | $0 | $9,886 | $0 | $25,596 | $0 | $161,631 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | THE ABOVE ITEMS WERE ALL RELATED TO TAF'S EXEMPT PURPOSE. IF ANY OF THE CHARTER TRAVEL, TRAVEL FOR COMPANIONS, DISCRETIONARY SPENDING, OR HEALTH CLUB DUES WERE PERSONAL IN NATURE THESE WERE MINIMAL IN AMOUNT AND INCIDENTAL TO THE EXEMPT PURPOSE AND THE AMOUNT WAS ADDED TO THAT INDIVIDUAL'S W-2. |
| PART I, LINE 4A | RONALD G. RICHARD - $325,000 |
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 |
|---|---|---|---|---|---|---|---|
| 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 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)
| Bond ReferenceBondReferenceCd | Total ProceedsTotalProceedsAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Capital ExpendituresCapitalExpendituresAmt | Substantial CompletionSubstantialCompletionYr | Current RefundingCurrentRefundingInd | Advance RefundingAdvanceRefundingInd | 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 | 0 | 0 | Yes (1) | Yes (1) | |
| C | $53,045,000 | $53,045,000 | 2015 | 0 | 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 L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (3 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|
| E R BO CAMPBELL | ||
| FORMER PRESIDENT OF TAF BOARD AND ON THE BOARD OF CAPITAL ONE BANK, N. A. | TAF HAS A LETTER OF CREDIT WITH CAPITAL ONE BANK, N. A. CAPITAL ONE IS THE PURCHASER AND HOLDER OF THE SERIES 2012 BONDS. MR. CAMPBELL HAS NOT DRAWN COMPENSATION FROM TAF AND THE LOC BY CAPITAL ONE WAS APPROVED BY INDIVIDUALS OTHER THAN HIMSELF. MR. CAMPBELL RETIRED FROM THE BOARD OF CAPITAL ONE BANK IN APRIL OF 2012. | 0 |
| ROBERT M STUART | ||
| FORMER MEMBER OF TAF'S EXEC. COMMITTEE AND ASSOCIATED WITH CAPITAL ONE BANK | ROBERT STUART IS THE HEAD OF MIDDLE MARKET BANKING AT CAPITAL ONE, WHICH WAS THE LEAD BANK IN THE FINANCING OF THE SOUTH END ZONE EXPANSION WHICH BEGAN IN 2012. CAPITAL ONE IS THE PURCHASER AND HOLDER OF THE SERIES 2012 BONDS. ROBERT STUART HAS NOT DRAWN COMPENSATION FROM TAF, AND THE FINANCING FROM CAPITAL ONE WAS APPROVED BY INDIVIDUALS OTHER THAN HIMSELF. | 0 |
| RIC KEARNY | ||
| MEMBER OF TAF BOARD AND ASSOCIATED WITH CAPITAL ONE BANK, N.A. | RIC KEARNY IS A SENIOR VICE PRESIDENT AT CAPITAL ONE, WHICH WAS THE LEAD BANK IN THE FINANCING OF THE SOUTH END ZONE EXPANSION WHICH BEGAN IN 2012. CAPITAL ONE IS THE PURCHASER AND HOLDER OF THE SERIES 2012 BONDS. RIC KEARNY HAS NOT DRAWN COMPENSATION FROM TAF, AND THE FINANCING FROM CAPITAL ONE WAS APPROVED BY INDIVIDUALS OTHER THAN HIMSELF. | 0 |
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 | $1,004,915 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | PROCEEDS FROM SALE | MethodOfDeterminingRevenuesTxt |
Secur Prtnrshp Trust Intrsts SecurPrtnrshpTrustIntrstsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $213,200 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | PROCEEDS FROM SALE | MethodOfDeterminingRevenuesTxt |
Real Estate Residential RealEstateResidentialGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,650,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | APPRAISAL | 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 | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 32B: | FormAndLineReferenceDesc |
| Explanation | DONOR NOTIFIES HIS/HER BROKER OF AMOUNT OF STOCK TO CONTRIBUTE. STOCK IS TRANSFERRED TO CAPITAL ONE (TAF'S BANK) AND IMMEDIATELY LIQUIDATED. CAPITAL ONE DEPOSITS CASH INTO TAF'S DEPOSITORY ACCOUNT. | ExplanationTxt |
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 11 | 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 XI, LINE 9: | FAIR VALUE ADJUSTMENT - ENDOWMENTS: -1,089,397. CHANGE IN FAIR VALUE OF INTEREST RATE SWAP AGREEMENT: 175,716. |
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 | 0 | 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
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TIGER AFFILIATED CHAPTERS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | C | TransactionTypeTxt |
| Involved | $100,430 | InvolvedAmt |
| Method Of Amount Determination | CASH - FAIR MARKET VALUE | MethodOfAmountDeterminationTxt |
Comments