2017-01-13T16:03:57-06:00 2015-12-31 721088864 LAPORTE APAC TOWN HALL WEST 10000 PERKINS ROWE 200 BATON ROUGE LA 708101797 990 2015-01-01 721004960 TIGER ATHLETIC FOUNDATION TIGE 2255784823 PO BOX 711 BATON ROUGE LA 708210711 ALICIA VIDRINE VICE PRESIDENT AND CFO 2255784823 2017-01-13 1 SEAN O'NEILL CPA P01061021 2252965150 2015 2021-01-29 14:40:06Z FRANK R MILLER PMAC - NORTH STADIUM DRIVE BATON ROUGE LA 70803 64928596 0 X WWW.LSUTAF.ORG X 1983 LA TO SUPPORT LOUISIANA STATE UNIVERSITY AND ITS ATHLETIC AND EDUCATION PROGRAMS. 40 40 246 40 0 0 50249636 50969750 8775000 8775000 1399135 2289422 2530525 2679791 62954296 64713963 9410871 17785634 0 0 3990640 3865254 0 0 2006335 16570037 20409320 29971548 42060208 32982748 22653755 465036593 478141192 290711323 282113118 174325270 196028074 TO SUPPORT LOUISIANA STATE UNIVERSITY AND ITS ATHLETIC PROGRAMS 0 0 20476657 17777534 2431 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. 14742511 8775000 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. 330217 8100 TIGER ATHLEIC FOUNDATION (TAF) SUPPORTS LOUISIANA STATE UNIVERSITY AGRICULTURAL AND MECHANICAL COLLEGE (LSU). 35549385 1 1 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 1 0 0 1 0 0 0 0 1 1 0 1 0 1 38 0 1 246 1 0 0 0 0 0 1 1 1 1 0 0 0 X 40 40 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 BOBBY THERIOT CHAIRMAN 2.00 X X 0 0 0 JAKE NETTERVILLE CHAIRMAN - ELECT 2.00 X X 0 0 0 BRIAN P CHERAMIE TREASURER 2.00 X X 0 0 0 CHARLES S WEEMS III SECRETARY 2.00 X X 0 0 0 HF HANK ANDERSON IMMEDIATE PAST PRESIDENT 2.00 X X 0 0 0 JERRY D DUMAS SR EXECUTIVE COMMITTEE 2.00 X 0 0 0 THERESA M GALLION EXECUTIVE COMMITTEE 2.00 X 0 0 0 GORDON L GORDY RUSH III EXECUTIVE COMMITTEE 2.00 X 0 0 0 TODD SCHEXNAYDER EXECUTIVE COMMITTEE 2.00 X 0 0 0 JACQUELINE VINES EXECUTIVE COMMITTEE 2.00 X 0 0 0 RICHARD E ZUSCHLAG EXECUTIVE COMMITTEE 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 ERIC EDWARDS BOARD OF DIRECTORS 2.00 X 0 0 0 JAMIE HOWARD BOARD OF DIRECTORS 2.00 X 0 0 0 PATRICK JUNEAU BOARD OF DIRECTORS 2.00 X 0 0 0 SCOTT MORAN 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 BURNEY WILLIAMS BOARD OF DIRECTORS 2.00 X 0 0 0 G ARCHER FRIERSON II BOARD OF DIRECTORS 2.00 X 0 0 0 EULIS SIMIEN JR BOARD OF DIRECTORS 2.00 X 0 0 0 BRIAN H WOODARD BOARD OF DIRECTORS 2.00 X 0 0 0 AIMEE SIMON BOARD OF DIRECTORS 2.00 X 0 0 0 BEN BORDELON BOARD OF DIRECTORS 2.00 X 0 0 0 TODD GRAVES BOARD OF DIRECTORS 2.00 X 0 0 0 ERIC HILL BOARD OF DIRECTORS 2.00 X 0 0 0 DWAYNE HONORE' BOARD OF DIRECTORS 2.00 X 0 0 0 JOE LARUSSA BOARD OF DIRECTORS 2.00 X 0 0 0 TREY BOUCVAULT BOARD OF DIRECTORS 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 MANGHAM BOARD OF DIRECTORS 2.00 X 0 0 0 ROBERT J PATRICK BOARD OF DIRECTORS 2.00 X 0 0 0 DAVID RAINES BOARD OF DIRECTORS 2.00 X 0 0 0 CRAIG RATHJEN 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 RICHARD B PERRY PRESIDENT AND CEO 40.00 X 291748 0 37784 FRANK R MILLER VICE PRESIDENT OF ACCOUNTING AND FINANCE AND CFO 40.00 X 213975 0 33413 RONALD G RICHARD CEO EMERITUS 1.00 X 572892 0 1191 DAVID HARDY EXECUTIVE VICE PRESIDENT & GENERAL COUNSEL 40.00 X 104130 0 11982 BENJAMIN J BROUSSARD VICE PRESIDENT OF DEVELOPMENT 40.00 X 208547 0 42540 JOSEPH CARVALHIDO VICE PRESIDENT OF OPERATIONS AND SERVICES 40.00 X 162960 0 39167 ROBERT B ROSS EXECUTIVE DIRECTOR OF DEVELOPMENT 40.00 X 139228 0 37574 ALICIA VIDRINE EXEC. DIRECTOR - ACCOUNTING AND FINANCE 40.00 X 126149 0 35482 MICHAEL OBLINGER DIRECTOR OF DEVELOPMENT 40.00 X 102083 0 25544 1921712 0 264677 9 1 1 0 BUQUET & LEBLANC PO BOX 549 BATON ROUGE LA 70821 CONSTRUCTION 13944668 DRAKES CATERING LLC PO BOX 86730 BATON ROUGE LA 70879 CATERING 2338298 THE LEMOINE COMPANY 214 JEFFERSON ST SUITE 200 LAFAYETTE LA 70501 CONSTRUCTION 1804138 EXECUTIVE AIRCRAFT CHARTER SERVICE PO BOX 98000 LAFAYETTE LA 70509 TRAVEL 1019136 BANCORPS SOUTH INSURANCE SERVICES INC PO BOX 228 BILOXI LA 39533 INSURANCE 828513 28 100430 50869320 2868115 50969750 GROSS RENTS FROM PREMI 532000 8500000 8500000 KITCHEN LEASE PAYMENT 532000 275000 275000 8775000 2289422 2289422 2503399 0 2503399 2503399 2503399 388594 214633 173961 173961 MISCELLANEOUS 900099 2431 2431 2431 64713963 8777431 0 4966782 17785634 17785634 834600 97260 737340 2178710 170227 1290518 717965 657574 96711 379818 181045 194370 22742 116455 55173 33736 33736 156870 156870 161083 161083 70205 37983 32222 789919 774486 15433 127655 106357 21298 269717 51000 198662 20055 648416 88117 560299 18998 18998 3840883 3840883 6192319 6192319 646864 485954 156565 4345 CATERING AND OTHER 2793160 2793160 LINE OF CREDIT/REMARKET 2350345 2350345 COACHES SUPPLEMENT 512000 512000 ACADEMIC AWARDS 322117 322117 1475033 600444 476089 398500 42060208 35549385 4504488 2006335 800 800 142973475 158002737 20926496 21241696 910811 1020710 247892 59085184 57509956 966474 427026 258528073 35299050 224843395 223229023 15082066 16709244 465036593 478141192 3309632 1890159 73219623 69688810 178760000 175045000 22282667 29622276 13139401 5866873 290711323 282113118 X 103759420 127239600 58751310 54414266 11814540 14374208 174325270 196028074 465036593 478141192 X 22653755 -37270 -913681 X 0 1 X 1 0 X 42239769 48059512 38571728 50249636 50969750 230090395 42239769 48059512 38571728 50249636 50969750 230090395 230090395 7316647 7736908 7811589 12592181 4792821 40250146 450 673 2736 200 2431 6490 270347031 10360751 0.85110 0.82060 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11393136 2559668 -639621 447625 12865558 10763439 1104993 -51041 424255 11393136 10217802 574919 330092 359374 10763439 8668170 939853 791058 181279 10217802 8601358 928591 -579930 281849 8668170 1.00000 0 0 4740000 4740000 248794311 34418343 214375968 4568038 538576 4029462 423477 342131 81346 2247 2247 223229023 AMOUNTS HELD IN CUSTODY FOR OTHERS 5866873 5866873 X 63977645 -950951 -950951 64928596 -214633 -214633 64713963 42026949 214633 214633 41812316 247892 247892 42060208 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. TIGER TOUR 96150 96150 10557 105088 GOLF TOURNAMENT 94925 94925 9425 33630 1 197519 197519 55933 388594 388594 19982 194651 214633 173961 1 LOUISIANA STATE UNIVERSITY 110 THOMAS BOYD HALL BATON ROUGE LA 70803 726000848 SEE PART IV 17785634 TO SUPPORT LOUISIANA STATE UNIVERSITY'S ATHLETIC PROGRAMS 1 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 1 0 0 0 0 0 0 0 0 RICHARD B PERRY PRESIDENT AND CEO 291748 0 0 0 0 0 19875 0 17909 0 329532 0 0 0 FRANK R MILLER VICE PRESIDENT OF ACCOUNTING AND FIN 213975 0 0 0 0 0 16262 0 17151 0 247388 0 0 0 RONALD G RICHARD CEO EMERITUS 0 0 0 0 572892 0 0 0 1191 0 574083 0 0 0 BENJAMIN J BROUSSARD VICE PRESIDENT OF DEVELOPMENT 208547 0 0 0 0 0 16122 0 26418 0 251087 0 0 0 JOSEPH CARVALHIDO VICE PRESIDENT OF OPERATIONS AND SER 162960 0 0 0 0 0 12709 0 26458 0 202127 0 0 0 ROBERT B ROSS EXECUTIVE DIRECTOR OF DEVELOPMENT 139228 0 0 0 0 0 10942 0 26632 0 176802 0 0 0 ALICIA VIDRINE EXEC. DIRECTOR - ACCOUNTING AND FINA 126149 0 0 0 0 0 9886 0 25596 0 161631 0 0 0 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 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 2015-11-02 53045000 SEE PART VI 0 1 0 A 70000000 629650 69370350 2014 0 0 1 1 B 52000000 52000000 2015 0 0 1 1 C 53045000 53045000 2015 0 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. 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 X 13 1004915 PROCEEDS FROM SALE X 1 213200 PROCEEDS FROM SALE X 1 1650000 APPRAISAL 0 1 1 PART I, LINE 32B: 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. 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. 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 0 0 0 0 0 0 0 TIGER AFFILIATED CHAPTERS C 100430 CASH - FAIR MARKET VALUE