2016-04-01T14:39:35-05:00 2015-06-30 720398470 HEARD MCELROY & VESTAL LLC 333 TEXAS STREET SUITE 1525 SHREVEPORT LA 71101 990 2014-07-01 721402222 LSU HEALTH SCIENCES FOUNDATION SHREVEPORT LSUH 3188610855 920 PIERREMONT ROAD NO 506 SHREVEPORT LA 71106 DANNY GARCEAU CFO 3188610855 2016-03-24 1 TIM B NIELSEN P00086151 3184291525 2016-03-24 2014 2016-08-17 19:52:53Z KEVIN FLOOD 920 PIERREMONT ROAD NO 506 SHREVEPORT LA 71106 13485848 0 X WWW.LSUHSFOUNDATION.ORG X 1997 LA THE SOLE MISSION OF THE FOUNDATION IS TO INSPIRE DONORS TO INVEST IN LSU HEALTH SHREVEPORT AND TO PROPERLY STEWARD CONTRIBUTIONS TOWARD ITS SUPPORT. 24 24 13 50 0 0 3363107 3175174 0 0 6338060 3859222 2311767 2100326 12012934 9134722 5785441 5437718 0 0 750013 799563 0 0 688894 647280 725976 7182734 6963257 4830200 2171465 195896165 194402285 68457053 65167815 127439112 129234470 THE SOLE MISSION OF THE FOUNDATION IS TO SUPPORT, ENHANCE AND ASSIST THE LSU HEALTH SCIENCES CENTER AT SHREVEPORT IN ITS MANY ENDEAVORS. 0 0 5437718 5437718 2100326 THE SOLE MISSION OF THE LSUS HEALTH SCIENCES FOUNDATION IS TO SUPPORT, ENHANCE AND ASSIST THE LSU MEDICAL CENTER IN SHREVEPORT. THE FOUNDATION WILL ACCOMPLISH THIS MISSION BY:1) EXPANDING THE AWARENESS OF THE MEDICAL CENTER'S MANY CONTRIBUTIONS TO MEDICAL RESEARCH, EDUCATION OF MEDICAL PROFESSIONS AND QUALITY HEALTH CARE.2) DEVELOPING AND ENHANCING FINANCIAL SUPPORT FOR THE ENDEAVORS OF THE MEDICAL CENTER IN SHREVEPORT.3) PROVIDING THE MEANS THROUGH WHICH FINANCIAL SUPPORT IS RECEIVED AND ADMINISTERED. 5437718 1 1 0 1 0 0 0 0 1 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 73 0 1 13 1 0 0 0 0 0 1 1 0 0 0 0 X 24 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X X THE ORGANIZATION 3188610855 920 PIERREMONT ROAD NO 506 SHREVEPORT LA 71106 CATHERINE S NOBILE PRESIDENT 40.00 X X 144388 0 5800 HARRY E MCINNIS JR IMMEDIATE PAST CHAIR/DIRECTOR 2.00 X 0 0 0 W CLINTON RASBERRY JR DIRECTOR 2.00 X 0 0 0 RITA HUMMINGBIRD CHAIRMAN/IMMEDIATE PAST CHAIR 6.00 X X 0 0 0 REGINALD ABRAMS DIRECTOR/AUDIT CHAIRMAN 2.00 X 0 0 0 P MICHAEL ADKINS CFA DIRECTOR 2.00 X 0 0 0 ROSEMARY EWING DIRECTOR 2.00 X 0 0 0 MARTHA FITZGERALD DIRECTOR 2.00 X 0 0 0 ARCHER FRIERSON III DIRECTOR 2.00 X 0 0 0 J MARK GARRETT CPA DIRECTOR/INVEST CHAIR 2.00 X 0 0 0 ROBERT HAMM SECRETARY 2.00 X X 0 0 0 BRUCE HENDERSON MD DIRECTOR 2.00 X 0 0 0 DONALD HORTON DIRECTOR 2.00 X 0 0 0 CHRIS KINSEY DIRECTOR 2.00 X 0 0 0 ANGELA LAWRENCE CPA DIRECTOR 2.00 X 0 0 0 KEVIN MCCOTTER DIRECTOR 2.00 X 0 0 0 KATY MERRIMAN DIRECTOR/GOV. CHAIR 2.00 X 0 0 0 DARYL MITCHELL MD DIRECTOR 2.00 X 0 0 0 CATHERINE W MITTON DIRECTOR 2.00 X 0 0 0 IKE MUSLOW MD DIRECTOR 2.00 X 0 0 0 CAROLYN MYRICK DIRECTOR 2.00 X 0 0 0 ROBERT G PUGH JR VICE CHAIRMAN/CHAIRMAN AT LARGE 6.00 X X 0 0 0 LINDA C SELL CPA DIRECTOR 2.00 X 0 0 0 ARMAND ROOS DIRECTOR 2.00 X 0 0 0 HAROLD TURNER DIRECTOR 2.00 X 0 0 0 CYNTHIA WOOD DIRECTOR/DEVELOPMENT CHAIR 2.00 X 0 0 0 DONALD ZADECK DIRECTOR 2.00 X 0 0 0 PETE ZANMILLER DIRECTOR 2.00 X 0 0 0 EDWARD CRAWFORD DIRECTOR 2.00 X 0 0 0 RAND H FALBAUM DIRECTOR/FINANCE CHAIR 2.00 X 0 0 0 FRAN EVANS INTERIM PRESIDENT 40.00 X 0 0 0 DANNY GARCEAU CFO/EXEC. VICE PRES. OF FINANCE 40.00 X 129381 0 4713 KEVIN FLOOD CDO/EXEC. VICE PRES. OF DEVELOPMENT 40.00 X 102880 0 4365 376649 0 14878 3 0 1 0 ECG MANAGEMENT CONSULTANTS 13355 NOEL RD STE 1010 DALLAS TX 75240 FINANCIAL VIABILITY STUDY 319575 1 341403 2833771 5000 3175174 3727298 3727298 4372861 4240937 131924 131924 131924 110189 341403 110189 0 MANAGEMENT FEE INCOME 900099 2097981 2097981 MISCELLANEOUS INCOME 900099 2345 2345 2100326 9134722 2100326 0 3859222 5437718 5437718 328512 200229 128283 347504 138623 208881 74723 35377 39346 48824 24029 24795 60385 60385 26001 26001 259197 168687 90510 1688 1688 16683 12512 4171 3995 2996 999 65063 48797 16266 6763 1649 5114 18083 18083 40356 40356 FUNDRAISING 111071 111071 MAINTENANCE AGREEMENTS 25851 19388 6463 GIFTS & ACKNOWLEDGMENTS 15549 1999 13550 PRINTING 12453 230 12223 62838 37304 25534 6963257 5437718 836645 688894 1406610 1131484 2711 9000 238831 138875 24480 28165 83799 76084 20555 7715 188849649 187439076 342099 387916 5011230 5260054 195896165 194402285 1000217 883592 58986767 55738854 8470069 8545369 68457053 65167815 X 15810839 16287582 98104210 99743999 13524063 13202889 127439112 129234470 195896165 194402285 X 2171465 -376112 5 X X 0 1 X 1 0 X X 1 LSU HEALTH SCIENCES CENTER 720702002 3 1 5437718 0 1 5437718 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 IV, SEC B, QUESTION 1 THERE IS AN AFFILIATION AGREEMENT BETWEEN THE FOUNDATION AND THE LSU BOARD OF SUPERVISORS, WHICH DEFINES AND GOVERNS RESPONSIBILITIES AND AUTHORITIES. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 36000 36000 6927257 6963257 498163 124541 0 0 470344 599300 509137 498163 2076944 3115416 30000 36000 36000 36000 138000 117586 149825 127284 124541 519236 778854 PART II-B, LINE 1: THE FOUNDATION PAID $36,000 TO SOUTHERN STRATEGY, A PROFESSIONAL LOBBYING ORGANIZATION, FOR THE PURPOSE OF OBTAINING ADDITIONAL FUNDING FOR THE LSU HEALTH SCIENCES CENTER. 0 1 X 105190526 1810729 2674384 2351813 1449900 105873926 92996370 1521202 15033570 2951049 1409567 105190526 83634637 3338473 10447079 3009972 1413847 92996370 83447203 2887121 826379 2196485 1329581 83634637 73283479 1852687 13511822 3869246 1331539 83447203 0.84000 0.12000 0.04000 0 0 83799 76084 7715 7715 DUE TO LSU HEALTH SHREVEPORT-BOR 8545369 8545369 X 8758610 -376112 -376112 9134722 0 9134722 6963255 0 6963255 2 2 6963257 PART IV, LINE 2B: IN 1986, THE LSU BOARD OF SUPERVISORS RECEIVED A SUBSTANTIAL MONETARY BEQUEST FROM MALCOLM W. FEIST, WHO SPECIFIED IN HIS TESTAMENT THAT THE BEQUEST WAS TO BE USED FOR THE BENEFIT OF LSU HEALTH SCIENCES CENTER AT SHREVEPORT. AN AGREEMENT WAS EXECUTED ON MAY 9, 2012 BETWEEN THE LSU BOARD OF SUPERVISORS AND THE FOUNDATION AUTHORIZING THE FOUNDATION TO PROVIDE MANAGEMENT AND INVESTMENT SERVICES FOR THESE FUNDS, IN RETURN FOR WHICH THE FOUNDATION IS ENTITLED TO A MONTHLY MANAGEMENT FEE. THE AGREEMENT IS EFFECTIVE JULY 1, 2012. THE AGREEMENT SPECIFIES THAT MFEIST LEGACY FUNDS WILL REMAIN STATE FUNDS OWNED BY THE BOARD OF SUPERVISORS. THE FUNDS WILL BE USED FOR PURPOSES CONSISTENT WITH THE DONOR'S EXPRESS INTENT AND DEEMED APPROPRIATE BY THE CHANCELLOR OF LSU HEALTH SCIENCES CENTER AT SHREVEPORT; THE CHANCELLOR'S APPROVAL IS REQUIRED FOR WITHDRAWAL. WHILE THE FUNDS REMAIN STATE-OWNED, THE FOUNDATION WILL ACT AS AGENT AS DESCRIBED IN THE PROVISIONS OF FASB ASC 958, AND THEREFORE RECORD AN ASSET AND LIABILITY FOR THE AMOUNT TRANSFERRED. PART V, LINE 4: THE ENDOWMENT FUNDS ARE USED TO SUPPORT, ENHANCE AND ASSIST THE LSU HEALTH SCIENCES CENTER AT SHREVEPORT IN ITS MANY ENDEAVORS. PART X, LINE 2: THE LSU HEALTH SCIENCES FOUNDATION IN SHREVEPORT AND THE LSU HEALTH SCIENCES BUILDING FOUNDATION IN SHREVEPORT QUALIFY AS TAX-EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. FOUNDATION PROPERTY, LLC; FOUNDATION GENERAL HOLDINGS, LLC; AND INTERMODAL TRANSIT FACILITY, LLC ARE SINGLE-MEMBER LLCS AND ARE CONSIDERED DISREGARDED ENTITIES FOR TAX PURPOSES. THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE FINANCIAL STATEMENTS, BUT THE FOUNDATION AND BUILDING FOUNDATION ARE REQUIRED TO FILE AN ANNUAL INFORMATION RETURN. THE FOUNDATION AND BUILDING FOUNDATION ARE ALSO REQUIRED TO REVIEW VARIOUS TAX POSITIONS THEY HAVE TAKEN WITH RESPECT TO THEIR EXEMPT STATUS AND DETERMINE WHETHER IN FACT THEY ARE TAX EXEMPT ENTITIES. THE FOUNDATION AND BUILDING FOUNDATION MUST ALSO CONSIDER WHETHER IT HAS NEXUS IN JURISDICTIONS IN WHICH THEY HAVE INCOME AND WHETHER A TAX RETURN IS REQUIRED IN THOSE JURISDICTIONS. IN ADDITION, AS TAX EXEMPT ENTITIES, THE FOUNDATION AND BUILDING FOUNDATION MUST ASSESS WHETHER THEY HAVE ANY TAX POSITIONS ASSOCIATED WITH UNRELATED BUSINESS INCOME SUBJECT TO INCOME TAX. THE FOUNDATION AND BUILDING FOUNDATION DO NOT EXPECT THEIR POSITIONS TO CHANGE SIGNIFICANTLY OVER THE NEXT TWELVE MONTHS. ANY PENALTIES RELATED TO LATE FILING OR OTHER REQUIREMENTS WOULD BE RECOGNIZED AS PENALTIES EXPENSE IN THE FOUNDATION'S AND BUILDING FOUNDATION'S ACCOUNTING RECORDS. THE FOUNDATION AND BUILDING FOUNDATION FILE U.S. FEDERAL FORM 990 FOR INFORMATIONAL PURPOSES. THE FOUNDATION'S AND BUILDING FOUNDATION'S FEDERAL INCOME TAX RETURNS FOR THE TAX YEARS 2011 AND BEYOND REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. PART XII, LINE 4B - OTHER ADJUSTMENTS: ROUNDING 2. EVENING FOR HEALERS 360516 250327 110189 110189 ANNUAL/ALUMNI APPEAL 91076 91076 451592 341403 110189 110189 110189 0 1 LSU HEALTH SCIENCES CENTER SHREVEPORT 1501 KINGS HWY SHREVEPORT LA 71103 720702002 501(C)3 5437718 SUPPORT LSU HEALTH SCIENCES CENTER 1 PART I, LINE 2: LSU HEALTH SCIENCES FOUNDATION IN SHREVEPORT ONLY MAKES GRANTS OR ASSISTANCE TO THE LSU HEALTH SCIENCES CENTER IN SHREVEPORT. THE ORGANIZATION MAINTAINS RECORDS TO SUBSTANTIATE ALL AMOUNTS PAID. X X X X 0 0 0 0 0 0 0 0 0 CATHERINE S NOBILE PRESIDENT 144388 0 0 0 0 0 5800 0 0 0 150188 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY THE PRESIDENT AND CFO IN CONJUNCTION WITH THE FINANCE COMMITTEE, WHICH PRESENTS THE FORM 990 FOR BOARD REVIEW. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY BY REVIEWING THE DAILY OPERATIONS OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION FOR THE EXECUTIVE DIRECTOR AND KEY EMPLOYEES INCLUDES A REVIEW OF COMPARABILITY DATA, FORM 990 OF OTHER ORGANIZATIONS BY THE COMPENSATION COMMITTEE AND CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION. COMPENSATION IS APPROVED BY THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: ROUNDING 5. FORM 990, PART XI, LINE 2C THE FOUNDATION'S BOARD OVERSEES THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. FOUNDATION PROPERTY LLC 920 PIERREMONT RD STE 506 SHREVEPORT LA 71106 760836777 CURRENTLY INACTIVE - PURPOSE WAS TO HOLD REAL ESTATE LA FOUNDATION GENERAL HOLDINGS LLC 920 PIERREMONT RD STE 506 SHREVEPORT LA 71106 450540635 CURRENTLY INACTIVE - PURPOSE WAS TO PURCHASE AND/OR HOLD REAL PROPERTY LA INTERMODAL TRANSIT FACILITY LLC 920 PIERREMONT RD STE 506 SHREVEPORT LA 71106 340411959 CURRENTLY INACTIVE - PURPOSE WAS TO BUILD A PARKING FACILITY LA LSU HEALTH SCIENCES CENTER SHREVEPORT 1501 KINGS HWY SHREVEPORT LA 71103 720702002 MEDICAL SCHOOL/HOSPITAL LA 501(C)3 2 N/A 0 LSU HEALTH SCIENCES BUILDING FOUNDATION IN SHREVEPORT 920 PIERREMONT RD STE 407 SHREVEPORT LA 71106 462032249 HOLDS REAL ESTATE FOR THE BENEFIT OF THE LSU HEALTH SCIENCES FOUNDATION LA 501(C)3 LINE 9 N/A 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 LSU HEALTH SCIENCES CENTER SHREVEPORT B 5437718 ACCRUAL LSU HEALTH SCIENCES BUILDING FOUNDATION IN SHREVEPORT D 5260054 ACCRUAL LSU HEALTH SCIENCES BUILDING FOUNDATION IN SHREVEPORT O 284282 ACCRUAL