L S U FOUNDATION: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- L S U FOUNDATION (EIN 72-6020969)
- Tax period
- 2013-07-01 to 2014-06-30
- Filed
- 2015-03-29
- IRS object ID
- 201520889349300102
- Schema version
- 2013v4.0
- 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 F
- 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 | 2015-03-29T14:27:33-05:00 | ReturnTs |
| Tax Period End | 2014-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 721202445 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | POSTLETHWAITE & NETTERVILLE | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8550 UNITED PLAZA BLVD SUITE 1001 | AddressLine1 |
| City | BATON ROUGE | City |
| State | LA | State |
| ZIP Code | 70809 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 726020969 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | L S U FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LSUF | BusinessNameControlTxt |
| Phone | 2255783811 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3838 WEST LAKESHORE DRIVE | AddressLine1 |
| City | BATON ROUGE | City |
| State | LA | State |
| ZIP Code | 70808 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | GINA M DUGAS | PersonNm |
| Person Title | CHIEF FINANCIAL OFFICER | PersonTitleTxt |
| Phone | 2255784341 | PhoneNum |
| Signature | 2015-03-26 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | RALPH STEPHENS | PreparerPersonNm |
| PTIN | P00638118 | PTIN |
| Phone | 2259224600 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | G LEE GRIFFIN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3838 W LAKESHORE DR | AddressLine1 |
| City | BATON ROUGE | City |
| State | LA | State |
| ZIP Code | 70808 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $257,762,802 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.LSUFOUNDATION.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1960 | FormationYr |
| Legal Domicile State | LA | LegalDomicileStateCd |
| Activity Or Mission | THE MISSION OF THE LSU FOUNDATION IS TO FOSTER PRIVATE FINANCIAL SUPPORT FOR LSU, THE LSU AGRICULTURAL CENTER, THE LSU PAUL M. HEBERT LAW CENTER, AND THE LSU SYSTEM OFFICE. THE FOUNDATION ENCOURAGES AND RECEIVES PHILANTHROPIC GIFTS AND BEQUESTS, INCLUDING BOTH RESTRICTED AND UNRESTRICTED GIFTS. THE FOUNDATION ALSO MANAGES THE INVESTMENT OF ENDOWED FUNDS AND OTHER PRIVATE ASSETS. GIFTS TO THE FOUNDATION ADD A MARGIN OF EXCELLENCE OVER AND ABOVE THE APPROPRIATE LEVEL OF STATE SUPPORT AND ARE NOT INTENDED TO REPLACE STATE FUNDS. MOST IMPORTANTLY, BEHIND EVERY GIFT TO THE FOUNDATION THERE IS AN INDIVIDUAL OR ORGANIZATION DETERMINED TO ADVANCE THE QUALITY OF EDUCATION. | ActivityOrMissionDesc |
| Voting Members Governing Body | 24 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 24 | VotingMembersIndependentCnt |
| Total Employee | 85 | TotalEmployeeCnt |
| Total Volunteers | 24 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$232,171 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $32,426,470 | PYContributionsGrantsAmt |
| CY Contributions Grants | $65,510,882 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $35,207,178 | PYInvestmentIncomeAmt |
| CY Investment Income | $19,434,704 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,020,446 | PYOtherRevenueAmt |
| CY Other Revenue | $1,023,354 | CYOtherRevenueAmt |
| PY Total Revenue | $68,654,094 | PYTotalRevenueAmt |
| CY Total Revenue | $85,968,940 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $19,552,115 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $27,750,059 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $5,879,998 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $6,579,779 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $4,650,572 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $9,779,441 | PYOtherExpensesAmt |
| CY Other Expenses | $10,254,781 | CYOtherExpensesAmt |
| PY Total Expenses | $35,211,554 | PYTotalExpensesAmt |
| CY Total Expenses | $44,584,619 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $33,442,540 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $41,384,321 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $564,598,236 | TotalAssetsBOYAmt |
| Total Assets EOY | $640,857,889 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $128,265,097 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $139,809,286 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $436,333,139 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $501,048,603 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE MISSION OF THE LSU FOUNDATION IS TO FOSTER PRIVATE FINANCIAL SUPPORT FOR LSU, THE LSU AGRICULTURAL CENTER, THE LSU PAUL M. HEBERT LAW CENTER, AND THE LSU SYSTEM OFFICE. THE FOUNDATION ENCOURAGES AND RECEIVES PHILANTHROPIC GIFTS AND BEQUESTS, INCLUDING BOTH RESTRICTED AND UNRESTRICTED GIFTS. THE FOUNDATION ALSO MANAGES THE INVESTMENT OF ENDOWED FUNDS AND OTHER PRIVATE ASSETS. GIFTS TO THE FOUNDATION ADD A MARGIN OF EXCELLENCE OVER AND ABOVE THE APPROPRIATE LEVEL OF STATE SUPPORT AND ARE NOT INTENDED TO REPLACE STATE FUNDS. MOST IMPORTANTLY, BEHIND EVERY GIFT TO THE FOUNDATION THERE IS AN INDIVIDUAL OR ORGANIZATION DETERMINED TO ADVANCE THE QUALITY OF EDUCATION. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $16,109,017 | ExpenseAmt |
| Grant | $11,601,759 | GrantAmt |
| Desc | ACADEMIC AND RESEARCH ACTIVITIES: OPERATIONAL SUPPORT EXPENSES TO SUPPLEMENT STATE FUNDING AND AID THE 17 ACADEMIC COLLEGES OF THE UNIVERSITY, AS WELL AS THE LAW CENTER AND AGRICULTURAL CENTER, IN ACCOMPLISHING LSU'S MISSION. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $4,282,208 | ExpenseAmt |
| Grant | $3,972,202 | GrantAmt |
| Desc | CHAIRS AND PROFESSORSHIPS: EXPENSES TO DIRECTLY SUPPORT THE SCHOLARLY ACTIVITIES OF OVER 750 SPECIFICALLY DESIGNATED CHAIRS AND PROFESSORSHIPS AVAILABLE TO LSU'S DISTINGUISHED FACULTY. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $4,508,990 | ExpenseAmt |
| Grant | $4,486,311 | GrantAmt |
| Desc | SCHOLARSHIPS AND FELLOWSHIPS: FINANCIAL SUPPORT TO UNDERGRADUATE AND GRADUATE STUDENTS THROUGH APPROXIMATELY 1,600 AVAILABLE SCHOLARSHIPS AND FELLOWSHIPS. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $10,597,582 | ExpenseAmt |
| Grant | $7,689,787 | GrantAmt |
| Desc | OTHER PROGRAM SERVICES INCLUDE: (1) CAPITAL OUTLAY: ACQUISITION OF EQUIPMENT AND CONSTRUCTION OF FACILITIES FOR USE IN THE ACADEMIC AND RESEARCH ENDEAVORS OF THE UNIVERSITY (2) SALARY SUPPORT FOR ACADEMIC POSITIONS, (3) INSTITUTION-WIDE ACADEMIC PROGRAMS, SUCH AS CHANCELLOR'S DISTINGUISHED LECTURE SERIES AND HOSTING VISITING SCHOLARS, (4) SERVICE AWARDS FOR OUTSTANDING FACULTY AND PROFESSIONAL STAFF, (5) TRAVEL TO NATIONAL AND INTERNATIONAL BUSINESS SEMINARS AND CONFERENCES BY UNIVERSITY FACULTY AND STAFF OF ACADEMIC UNITS, (6) INSTITUTIONAL ADVANCEMENT. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $10,597,582 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $7,689,787 | TotalOtherProgSrvcGrantAmt |
| Total Program Service Expenses | $35,497,797 | 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 | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | 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 | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | 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 | Yes (1) | 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 | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | Yes (1) | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (1) | 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 | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| Info In Schedule O Part V | Yes (X) | InfoInScheduleOPartVInd |
| IRP Document | 141 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 85 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | Yes (1) | ForeignFinancialAccountInd |
| Foreign Country | CJ | ForeignCountryCd |
| 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 | 0 | Form8282PropertyDisposedOfInd |
| 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 | 24 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 24 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (1) | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | 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 | 0 | LocalChaptersInd |
| 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 |
| States Where Copy Of Return Is Fld | AK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AZ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CO | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | DC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | HI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | UT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WV | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | GA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ME | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MO | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NM | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ND | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | RI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | TN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | VA | StatesWhereCopyOfReturnIsFldCd |
| 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 | GINA DUGAS | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2255783811 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3838 W LAKESHORE DR | AddressLine1 |
| City | BATON ROUGE | City |
| State | LA | State |
| ZIP Code | 70808 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (32 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| J LANIER YEATES | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| CHARLES A LANDRY | |||||||||
| DIRECTOR | 1.50 | Yes (X) | $0 | $0 | $0 | 0.20 | |||
| ROBERT H CROSBY III | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| MARK K ANDERSON | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| J HERBERT BOYDSTUN | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| J TERRELL BROWN | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| WILLIAM T FIRESHEETSII | |||||||||
| DIRECTOR | 1.50 | Yes (X) | $0 | $0 | $0 | 0.20 | |||
| FRANK W HARRISON III | |||||||||
| DIRECTOR | 1.50 | Yes (X) | $0 | $0 | $0 | 0.20 | |||
| LAURA A LEACH | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| WILLIAM B OWENS | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| JOHN F SHACKELFORD III | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| SUE W TURNER | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| BURTON D WEAVER JR | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| FELIX R WEILL | |||||||||
| DIRECTOR | 1.50 | Yes (X) | $0 | $0 | $0 | 0.20 | |||
| ROBERT M STUART JR | |||||||||
| DIRECTOR | 1.50 | Yes (X) | $0 | $0 | $0 | 0.20 | |||
| DAVID B MEANS III | |||||||||
| DIRECTOR | 1.50 | Yes (X) | $0 | $0 | $0 | 0.20 | |||
| THE HONORABLE W HENSON MOORE III | |||||||||
| DIRECTOR | 1.50 | Yes (X) | $0 | $0 | $0 | 0.20 | |||
| SEAN REILLY | |||||||||
| DIRECTOR | 1.50 | Yes (X) | $0 | $0 | $0 | 0.20 | |||
| JEFFREY N SPRINGMEYER | |||||||||
| DIRECTOR | 1.50 | Yes (X) | $0 | $0 | $0 | 0.20 | |||
| MARTY PHILLIPS | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| WILLIAM L SILVIA JR | |||||||||
| CORPORATE SECRETARY | 1.00 | $0 | $0 | $0 | 0.30 | Yes (X) | |||
| LAURA L DAUZAT | |||||||||
| PAST CHAIRPERSON | 1.50 | $0 | $0 | $0 | 0.20 | Yes (X) | |||
| T CASS GAIENNIE | |||||||||
| CHAIRPERSON-ELECT | 1.50 | $0 | $0 | $0 | 0.20 | Yes (X) | |||
| G LEE GRIFFIN | |||||||||
| PRESIDENT & CEO | 40.00 | $332,552 | $0 | $10,950 | 0.50 | Yes (X) | |||
| GARY L LABORDE | |||||||||
| CHAIRPERSON | 2.00 | $0 | $0 | $0 | 0.50 | Yes (X) | |||
| CLARENCE P CAZALOT JR | |||||||||
| TREASURER | 1.50 | $0 | $0 | $0 | 0.20 | Yes (X) | |||
| GINA M DUGAS | |||||||||
| CHIEF FINANCIAL OFFICER | 40.00 | $194,625 | $0 | $12,791 | 2.00 | Yes (X) | |||
| JEFFERY L MCLAIN | |||||||||
| SENIOR VP FOR DEVELOPMENT | 40.00 | $194,380 | $0 | $20,201 | Yes (X) | ||||
| GEORGE T MOSS | |||||||||
| CHIEF INVESTMENT OFFICER | 40.00 | $179,700 | $0 | $8,256 | Yes (X) | ||||
| WILLIAM D DAVIS | |||||||||
| DIR OF STRATEGIC INIATIVES | 40.00 | $164,700 | $0 | $1,950 | Yes (X) | ||||
| ANN M MARMANDE-FRENZEL | |||||||||
| VP FOR DEVELOPMENT | 40.00 | $124,152 | $0 | $13,756 | Yes (X) | ||||
| YVETTE MARSH | |||||||||
| DIRECTOR OF TALENT MANAGEMENT | 40.00 | $136,700 | $0 | $4,751 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,326,809 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $72,655 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 7 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (4 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1 | CityContractorAddress/USAddress/City | StateContractorAddress/USAddress/State | ZIP CodeContractorAddress/USAddress/ZIPCode | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| SSA CONSULTANTS | |||||
| 9331 BLUEBONNET BLVD | BATON ROUGE | LA | 70810 | MANAGEMENT CONSULTANTS | $201,479 |
| FUND EVALUATION GROUP | |||||
| PO BOX 71-5060 | COLUMBUS | OH | 432715060 | INVESTMENT CONSULTING | $200,669 |
| RODEL PARSONS KOCH BLACHE BALHOFF & MCCO | |||||
| 8440 JEFFERSON HIGHWAY | BATON ROUGE | LA | 70809 | ATTORNEYS AT LAW | $166,883 |
| ADAMS & REESE LLP | |||||
| DEPT 5208 PO BOX 2153 | BIRMINGHAM | AL | 352875208 | ATTORNEYS AT LAW | $150,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $265,285 | FundraisingAmt |
| All Other Contributions | $65,245,597 | AllOtherContributionsAmt |
| Noncash Contributions | $3,963,011 | NoncashContributionsAmt |
| Total Contributions | $65,510,882 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,993,124 | TotalRevenueColumnAmt |
| Exclusion | $1,993,124 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $41,192 | TotalRevenueColumnAmt |
| Exclusion | $41,192 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $188,795,710 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $171,354,130 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $17,441,580 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $17,441,580 | TotalRevenueColumnAmt |
| Exclusion | $17,441,580 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $237,068 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $265,285 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $439,732 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$202,664 | TotalRevenueColumnAmt |
| Exclusion | -$202,664 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FUND MANAGEMENT FEES | Desc |
| Business | 541900 | BusinessCd |
| Total Revenue Column | $1,184,826 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,184,826 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $1,184,826 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $85,968,940 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,184,826 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $19,273,232 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,750,059 | TotalAmt |
| Program Services | $27,750,059 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,652,670 | TotalAmt |
| Management And General | $909,847 | ManagementAndGeneralAmt |
| Fundraising | $742,823 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,004,419 | TotalAmt |
| Management And General | $1,619,839 | ManagementAndGeneralAmt |
| Fundraising | $2,384,580 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $118,329 | TotalAmt |
| Management And General | $47,148 | ManagementAndGeneralAmt |
| Fundraising | $71,181 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $458,070 | TotalAmt |
| Management And General | $208,934 | ManagementAndGeneralAmt |
| Fundraising | $249,136 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $346,291 | TotalAmt |
| Management And General | $152,368 | ManagementAndGeneralAmt |
| Fundraising | $193,923 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $154,910 | TotalAmt |
| Management And General | $154,910 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $60,100 | TotalAmt |
| Management And General | $60,100 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $321,475 | TotalAmt |
| Management And General | $321,475 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,215,081 | TotalAmt |
| Program Services | $1,102,842 | ProgramServicesAmt |
| Management And General | $57,213 | ManagementAndGeneralAmt |
| Fundraising | $55,026 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $152,267 | TotalAmt |
| Fundraising | $152,267 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $709,588 | TotalAmt |
| Program Services | $440,142 | ProgramServicesAmt |
| Management And General | $123,781 | ManagementAndGeneralAmt |
| Fundraising | $145,665 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $302,242 | TotalAmt |
| Management And General | $273,604 | ManagementAndGeneralAmt |
| Fundraising | $28,638 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $187,109 | TotalAmt |
| Management And General | $158,406 | ManagementAndGeneralAmt |
| Fundraising | $28,703 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $943,841 | TotalAmt |
| Program Services | $879,403 | ProgramServicesAmt |
| Management And General | $19,611 | ManagementAndGeneralAmt |
| Fundraising | $44,827 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $181,324 | TotalAmt |
| Management And General | $39,055 | ManagementAndGeneralAmt |
| Fundraising | $142,269 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,173 | TotalAmt |
| Program Services | $12,173 | ProgramServicesAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,510,192 | TotalAmt |
| Program Services | $1,510,192 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39,944 | TotalAmt |
| Management And General | $39,944 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $186,619 | TotalAmt |
| Management And General | $186,619 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | FundraisingFundraisingAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|---|
| OFFICIAL UNIV. FUNCTION | $1,960,453 | $1,960,453 | ||
| UNIVERSITY SUPPORT | $1,842,533 | $1,842,533 | ||
| DEVELOPMENT/PROMOTION | $376,011 | $376,011 | ||
| DUES AND SUBSCRIPTIONS | $83,317 | $35,523 | $47,794 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,602 | TotalAmt |
| Management And General | $15,602 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $44,584,619 | TotalAmt |
| Program Services | $35,497,797 | ProgramServicesAmt |
| Management And General | $4,436,250 | ManagementAndGeneralAmt |
| Fundraising | $4,650,572 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,720,644 | BOYAmt |
| EOY | $27,091,156 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,754,640 | BOYAmt |
| EOY | $40,696,680 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $747,093 | BOYAmt |
| EOY | $206,753 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $115,907 | BOYAmt |
| EOY | $91,382 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $33,250 | BOYAmt |
| EOY | $0 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $7,849,674 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,351,320 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,909,877 | BOYAmt |
| EOY | $6,498,354 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $325,571,248 | BOYAmt |
| EOY | $379,971,030 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $182,736,658 | BOYAmt |
| EOY | $167,017,814 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,008,919 | BOYAmt |
| EOY | $19,284,720 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $564,598,236 | BOYAmt |
| EOY | $640,857,889 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,449,702 | BOYAmt |
| EOY | $4,166,694 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,595,000 | BOYAmt |
| EOY | $4,970,000 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $704,483 | BOYAmt |
| EOY | $180,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $118,515,912 | BOYAmt |
| EOY | $130,492,592 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $128,265,097 | BOYAmt |
| EOY | $139,809,286 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,920,269 | BOYAmt |
| EOY | $40,560,371 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $185,288,054 | BOYAmt |
| EOY | $241,875,432 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $214,124,816 | BOYAmt |
| EOY | $218,612,800 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $436,333,139 | BOYAmt |
| EOY | $501,048,603 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $564,598,236 | BOYAmt |
| EOY | $640,857,889 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $41,384,321 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $23,331,143 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| 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) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| 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) |
|---|---|---|
| College Organization | Yes (X) | CollegeOrganizationInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $31,561,414 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $30,346,130 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $25,492,232 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $32,426,470 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $65,510,882 | CurrentTaxYearAmt |
| Total | $185,337,128 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $31,561,414 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $30,346,130 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $25,492,232 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $32,426,470 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $65,510,882 | CurrentTaxYearAmt |
| Total | $185,337,128 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $10,301,217 | SubstantialContributorsTotAmt |
| Public Support Total170 | $175,035,911 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,255,943 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,267,718 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $6,373,689 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $7,031,957 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,034,316 | CurrentTaxYearAmt |
| Total | $24,963,623 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $210,300,751 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $7,363,969 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.83230 | PublicSupportCY170Pct |
| Public Support PY170 | 0.72210 | 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
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | $23,123 | RevenuesIncludedAmt |
| Assets Included | $4,227,043 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Coll Used Loan Or Exch Prog | Yes (X) | CollUsedLoanOrExchProgInd |
Collection Used Other Purposes CollectionUsedOtherPurposesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Other Purposes | Yes (X) | CollectionUsedOtherPurposesInd |
| Other Purposes | COMMUNITY EDUCATIONAL PROGR | OtherPurposesDesc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Solicited Assets Sale | Yes (1) | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $309,096,144 | BeginningYearBalanceAmt |
| Contributions | $7,316,066 | ContributionsAmt |
| Investment Earnings Or Losses | $17,773,310 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $5,618,047 | GrantsOrScholarshipsAmt |
| Other Expenditures | $0 | OtherExpendituresAmt |
| End Year Balance | $328,567,473 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $285,053,783 | BeginningYearBalanceAmt |
| Contributions | $7,594,770 | ContributionsAmt |
| Investment Earnings Or Losses | $21,454,050 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $5,197,468 | GrantsOrScholarshipsAmt |
| Other Expenditures | -$191,009 | OtherExpendituresAmt |
| End Year Balance | $309,096,144 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $290,234,027 | BeginningYearBalanceAmt |
| Contributions | $11,030,519 | ContributionsAmt |
| Investment Earnings Or Losses | -$15,902,365 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $308,398 | GrantsOrScholarshipsAmt |
| End Year Balance | $285,053,783 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $233,568,579 | BeginningYearBalanceAmt |
| Contributions | $11,577,812 | ContributionsAmt |
| Investment Earnings Or Losses | $50,027,252 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $4,939,616 | GrantsOrScholarshipsAmt |
| End Year Balance | $290,234,027 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $202,776,443 | BeginningYearBalanceAmt |
| Contributions | $5,975,663 | ContributionsAmt |
| Investment Earnings Or Losses | $38,723,691 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $13,907,218 | GrantsOrScholarshipsAmt |
| End Year Balance | $233,568,579 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.02760 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.66540 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.30700 | TermEndowmentBalanceEOYPct |
| 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 | $2,180,425 | OtherCostOrOtherBasisAmt |
| Book Value | $2,180,425 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,322,206 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,252,986 | DepreciationAmt |
| Book Value | $69,220 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,347,043 | OtherCostOrOtherBasisAmt |
| Depreciation | $98,334 | DepreciationAmt |
| Book Value | $4,248,709 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $6,498,354 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (5 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| COMMINGLED FUNDS | $18,014,305 | F |
| PRIVATE EQUITY | $46,440,186 | F |
| HEDGED FUNDS | $90,417,454 | F |
| ROYALTY INTERESTS | $154,084 | F |
| GROUP VARIABLE ANNUITY | $11,991,785 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $167,017,814 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| FUNDS MANAGED FOR OTHER ENTITIES | $129,951,806 |
| OTHER CURRENT LIABILITIES | $214,687 |
| COMPENSATED ABSENCES PAYABLE | $326,099 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $130,492,592 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III, LINE 4: | THE MAIN COLLECTIONS OWNED BY THE LSU FOUNDATION CONSIST OF ARTWORK AND HISTORICAL ITEMS ON DISPLAY AND IN THE CUSTODY OF LSU'S MUSEUM OF ART, A COMPONENT UNIT WHICH FURTHERS THE PUBLIC SERVICE MISSION OF THE UNIVERSITY. THE MUSEUM OF ART'S DIVERSE PERMANENT COLLECTION INCLUDES SIGNIFICANT PORTRAITURE AND DECORATIVE ARTS, NEWCOMB POTTERY, AND CHINESE JADE FROM THE CHI QING DYNASTY. |
| PART V, LINE 4: | THE ORGANIZATION'S ENDOWMENT FUNDS PROVIDE FINANCIAL SUPPORT IN FURTHERANCE OF THE ACADEMIC AND RESEARCH COMPONENTS OF THE UNIVERSITY'S MISSION, INCLUDING SCHOLARSHIPS, GRADUATE ASSISTANTSHIPS AND FELLOWSHIPS, AND FACULTY CHAIRS AND DISTINGUISHED PROFESSORSHIPS. |
| PART X, LINE 2: | THE FOUNDATION ACCOUNTS FOR INCOME TAXES IN ACCORDANCE WITH INCOME TAX ACCOUNTING GUIDANCE INCLUDED IN THE ACCOUNTING STANDARDS CODIFICATION (ASC). THE FOUNDATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. RECOGNIZED INCOME TAX POSITIONS ARE RECORDED AT THE LARGEST AMOUNT THAT IS GREATER THAN FIFTY PERCENT LIKELY OF BEING REALIZED. CHANGES IN THE RECOGNITION OR MEASUREMENT ARE REFLECTED IN THE PERIOD IN WHICH THE CHANGE IN JUDGMENT OCCURS. THE FOUNDATION HAS EVALUATED ITS POSITION REGARDING THE ACCOUNTING FOR UNCERTAIN INCOME TAX POSITIONS AND DOES NOT BELIEVE THAT IT HAS ANY MATERIAL UNCERTAIN TAX POSITIONS. WITH FEW EXCEPTIONS, THE FOUNDATION IS NO LONGER SUBJECT TO EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE JUNE 30, 2011. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (7 entries)
| RegionRegionTxt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|
| EAST ASIA AND THE PACIFIC | FUNDRAISING | |
| SOUTH AMERICA | FUNDRAISING | |
| MIDDLE EAST AND NORTH AFRICA | FUNDRAISING | |
| NORTH AMERICA | FUNDRAISING | |
| CENTRAL AMERICA AND THE CARIBBEAN | INVESTMENTS | $116,427,546 |
| EUROPE | FUNDRAISING | |
| SUB-SAHARAN AFRICA | FUNDRAISING |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continutation Total Office | 0 | ContinutationTotalOfficeCnt |
| Continutation Total Employee | 0 | ContinutationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $116,427,546 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $116,427,546 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (1) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (1) | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | FORM 990, SCHEDULE F, PART I, LINE 3 | FormAndLineReferenceDesc |
| Explanation | LSU FOUNDATION RECEIVES DONATIONS FROM DONORS WHO RESIDE IN FOREIGN COUNTRIES. THERE ARE NO EXPENSES ASSOCIATED WITH THESE DONATIONS. THE FOLLOWING IS A LIST OF THE REGIONS AND THE AMOUNTS RECEIVED FROM EACH REGION: 1) EAST ASIA AND THE PACIFIC - $2,550 2) MIDDLE EAST AND NORTH AFRICA - $840 3) NORTH AMERICA (NOT INCLUDING UNITED STATES) - $31,224 4) SOUTH AMERICA - $415 5) EUROPE - $1,155 6) SUB-SAHARAN AFRICA - $100 | ExplanationTxt |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | GOLF TOURNAMENT | NameOfEvent1Amt |
| Gross Receipts Event1 | $62,800 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $41,225 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $21,575 | GrossRevenueEvent1Amt |
| Non Cash Prizes Event1 | $18,257 | NonCashPrizesEvent1Amt |
| Rent Facility Costs Event1 | $12,960 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $9,958 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $809 | OtherDirectExpensesEvent1Amt |
| Name Of Event2 | MASS COMM CENTENNIAL | NameOfEvent2Amt |
| Gross Receipts Event2 | $45,195 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $18,700 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $26,495 | GrossRevenueEvent2Amt |
| Non Cash Prizes Event2 | $2,903 | NonCashPrizesEvent2Amt |
| Rent Facility Costs Event2 | $13,224 | RentFacilityCostsEvent2Amt |
| Food And Beverage Event2 | $38,897 | FoodAndBeverageEvent2Amt |
| Entertainment Event2 | $7,000 | EntertainmentEvent2Amt |
| Other Direct Expenses Event2 | $18,345 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 26 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $394,358 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $205,360 | CharitableContriOtherEventsAmt |
| Gross Revenue Other Events | $188,998 | GrossRevenueOtherEventsAmt |
| Non Cash Prizes Other Events | $11,692 | NonCashPrizesOtherEventsAmt |
| Rent Fclty Costs Other Events | $58,022 | RentFcltyCostsOtherEventsAmt |
| Food And Beverage Other Events | $124,375 | FoodAndBeverageOtherEventsAmt |
| Entertainment Other Events | $16,872 | EntertainmentOtherEventsAmt |
| Oth Direct Expnss Other Events | $106,418 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $502,353 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $265,285 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $237,068 | GrossRevenueTotalEventsAmt |
| Non Cash Prizes Total Events | $32,852 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $84,206 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $173,230 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $23,872 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $125,572 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $439,732 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$202,664 | 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 | BusinessNameLine1 |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 204 THOMAS BOYD HALL | AddressLine1 |
| City | BATON ROUGE | City |
| State | LA | State |
| ZIP Code | 70803 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 726000848 | RecipientEIN |
| IRC Section | 501(C)(3) | IRCSectionDesc |
| Cash Grant | $27,750,059 | CashGrantAmt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
| Purpose Of Grant | UNIVERSITY ACADEMIC AND RESEARCH SUPPORT, INCLUDING SCHOLARSHIPS, GRADUATE FELLOWSHIPS AND FACULTY CHAIRS AND PROFESSORSHIPS. | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE LSU FOUNDATION PROVIDES GRANTS OR ASSISTANCE, IN ACCORDANCE WITH ITS STATED MISSION, TO LOUISIANA STATE UNIVERSITY, THE LSU PAUL M. HEBERT LAW CENTER, THE LSU AGRICULTURAL CENTER AND THE LSU SYSTEM OFFICE, IN THE FORM OF REIMBURSEMENTS OF EXPENSES MADE IN SUPPORT OF THE BENEFICIARY PURPOSES FOR WHICH PRIVATE FUNDS WERE CONTRIBUTED TO THE FOUNDATION. THE UNIVERSITY IS PROVIDED WITH THE BALANCE OF FUNDS AVAILABLE IN FOUNDATION ACCOUNTS FOR SPECIFIC RESTRICTED PURPOSES. ON A MONTHLY BASIS, THE UNIVERSITY PROVIDES THE FOUNDATION WITH A REPORT OF THE EXPENSES MADE IN SUPPORT OF THOSE SPECIFIC PURPOSES TO BENEFIT THE UNIVERSITY; ON PRESENTATION OF THIS REPORT, THE FOUNDATION REIMBURSES THOSE EXPENSES AS A GRANT OF ASSISTANCE TO THE UNIVERSITY. THE UNIVERSITY MAKES AVAILABLE TO THE FOUNDATION ALL DOCUMENTATION IN SUPPORT OF INDIVIDUAL ITEMS OF EXPENSE, AND THIS DOCUMENTATION IS ALSO MADE AVAILABLE TO THE FOUNDATION'S EXTERNAL AUDITORS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | 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 (5 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| G LEE GRIFFIN | ||||||||||||||
| PRESIDENT & CEO | $320,552 | $0 | $0 | $0 | $12,000 | $0 | $10,200 | $0 | $750 | $0 | $343,502 | $0 | $0 | $0 |
| GINA M DUGAS | ||||||||||||||
| CHIEF FINANCIAL OFFICER | $187,425 | $0 | $0 | $0 | $7,200 | $0 | $7,888 | $0 | $4,903 | $0 | $207,416 | $0 | $0 | $0 |
| JEFFERY L MCLAIN | ||||||||||||||
| SENIOR VP FOR DEVELOPMENT | $187,180 | $0 | $0 | $0 | $7,200 | $0 | $8,168 | $0 | $12,033 | $0 | $214,581 | $0 | $0 | $0 |
| GEORGE T MOSS | ||||||||||||||
| CHIEF INVESTMENT OFFICER | $172,500 | $0 | $0 | $0 | $7,200 | $0 | $7,208 | $0 | $1,048 | $0 | $187,956 | $0 | $0 | $0 |
| WILLIAM D DAVIS | ||||||||||||||
| DIR OF STRATEGIC INIATIVES | $157,500 | $0 | $0 | $0 | $7,200 | $0 | $1,200 | $0 | $750 | $0 | $166,650 | $0 | $0 | $0 |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LOUISIANA PUBLIC FACILITIES AUTHORITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 720895871 | BondIssuerEIN |
| CUSIP | 546398FJ2 | CUSIPNum |
| Bond Issued | 2003-04-30 | BondIssuedDt |
| Issue Price | $31,555,000 | IssuePriceAmt |
| Purpose | SEE PART VI | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Total Proceeds | $12,725,000 | TotalProceedsAmt |
| Issuance Costs From Proceeds | $220,000 | IssuanceCostsFromProceedsAmt |
| Capital Expenditures | $10,301,523 | CapitalExpendituresAmt |
| Unspent | $2,203,477 | UnspentAmt |
| Substantial Completion | 2004 | SubstantialCompletionYr |
| Current Refunding | 0 | CurrentRefundingInd |
| Advance Refunding | 0 | AdvanceRefundingInd |
| Final Allocation Made | Yes (1) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | 0 | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | 0 | MgmtContractBondFincdPropInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | Yes (1) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | 0 | RebateNotDueYetInd |
| Exception To Rebate | 0 | ExceptionToRebateInd |
| No Rebate Due | 0 | NoRebateDueInd |
| Variable Rate Issue | Yes (1) | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | 0 | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | Yes (1) | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | 0 | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | 0 | ProceduresCorrectiveActionInd |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, SCHEDULE K, PART I, LINE A, COLUMN (F): | THE LSU FOUNDATION WAS ONE OF SEVERAL PARTICIPANTS BORROWING THE PROCEEDS OF TAX-EXEMPT REVENUE BONDS TOTALLING $31,555,000 ISSUED BY THE LOUISIANA PUBLIC FACILITIES AUTHORITY IN 2003. THE FOUNDATION'S PORTION TOTALLED $12,725,000. |
| FORM 990, SCHEDULE K, PART II, LINE 12: | IN 2007, THE FOUNDATION REPAID UNSPENT FUNDS PLUS EARNINGS ON THOSE FUNDS OF $2,531,958.42. |
| FORM 990, SCHEDULE K, PART IV, LINE 1: | PER ARTICLE III, SECTION 3.2 OF THE LOAN AGREEMENT, THE BONDS WILL NOT CONSTITUTE ARBITRAGE BONDS UNDER SECTION 148 OF THE INTERNAL REVENUE CODE. |
| FORM 990, SCHEDULE K, PART IV, LINE 5: | UNSPENT FUNDS WERE HELD SLIGHTLY BEYOND THE 3 YEAR TEMPORARY PERIOD; HOWEVER, THE UNSPENT FUNDS, PLUS INTEREST EARNED ON THOSE FUNDS, WERE REPAID. |
| SCHEDULE K, PART IV, LINE 6: | PROCEEDS INVESTED BEYOND A TEMPORARY PERIOD UNSPENT FUNDS WERE HELD SLIGHTLY BEYOND THE 3 YEAR TEMPORARY PERIOD; HOWEVER, THE UNSPENT FUNDS, PLUS INTEREST EARNED ON THOSE FUNDS, WERE REPAID. |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ROBERT M STUART JR | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | BOARD MEMBER | RelationshipDescriptionTxt |
| Transaction | $12,174 | TransactionAmt |
| Transaction | (D) DESCRIPTION OF TRANSACTION:ROBERT M. STUART, JR. IS THE LOUISIANA PRESIDENT OF CAPITAL ONE BANK, WHICH HAS FACILITATED DEBT FINANCING ARRANGEMENTS APPROXIMATING $20 MILLION AS OF JUNE 30, 2014, INVOLVING LSU FOUNDATION. MR. STUART WAS NOT, HOWEVER, A MEMBER OF THE FOUNDATION'S BOARD OF DIRECTORS WHEN THIS DEBT FINANCING WAS APPROVED NOR WHEN THE FINANCING ARRANGEMENTS WERE EXECUTED. A NEW LOAN WAS ORIGINATED JANUARY 19, 2010 IN THE AMOUNT OF $2.7 MILLION. MR. STUART WAS A BOARD MEMBER AT THE TIME OF THIS TRANSACTION, BUT ABSTAINED FROM PARTICIPATING IN ANY DISCUSSIONS OR NEGOTIATIONS SURROUNDING THESE FINANCING ARRANGEMENTS. MR. STUART ALSO ABSTAINED FROM VOTING ON ITEMS RELATED TO SUCH TRANSACTIONS. LSU FOUNDATION HAS PAID APPROXIMATELY $12,174 IN INTEREST TO CAPITAL ONE BANK DURING THE FISCAL YEAR ENDED JUNE 30, 2014. | TransactionDesc |
| Sharing Of Revenues | 0 | SharingOfRevenuesInd |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $4,725 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | OPINION OF EXPERTS | MethodOfDeterminingRevenuesTxt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 70 | ContributionCnt |
| Noncash Contributions Rpt F990 | $3,940,781 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | MARKET PRICE | MethodOfDeterminingRevenuesTxt |
Scientific Specimens ScientificSpecimensGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 69 | ContributionCnt |
| Noncash Contributions Rpt F990 | $14,476 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | OPINION OF EXPERTS | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | EVENT | 1 | $2,300 | MARKET VALUE |
| Yes (X) | PARKING PASSE | 3 | $730 | MARKET VALUE |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 1 | Form8283ReceivedCnt |
| 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 | LSU FOUNDATION HIRES THE FOLLOWING TO SELL NON-CASH CONTRIBUTIONS: 1) REAL ESTATE AGENTS - SELL DONATED REAL ESTATE, WHEN APPLICABLE 2) STOCK BROKERS - SELL DONATED STOCK THROUGH BROKERAGE ACCOUNTS 3) AUCTION HOUSES - SELL DONATED ART | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 PART V QUESTION 4B | LSU FOUNDATION DOES NOT OWN 50% OR MORE OF THE PROFITS OR CAPITAL OF THE FOREIGN PARTNERSHIPS IN WHICH IT IS INVESTED; ALSO, LSU FOUNDATION DOES NOT HAVE SIGNATURE AUTHORITY OVER THE FOREIGN FUNDS; THEREFORE, THE FOUNDATION IS NOT REQUIRED TO FILE FORM TD F 90-22.1 FOR THE FISCAL YEAR ENDED JUNE 30, 2014. |
| FORM 990, PART VI, SECTION A, LINE 4 | THE BYLAWS WERE AMENDED TO CHANGE THE COMPOSITION OF THE EXECUTIVE COMMITTEE TO THE FOLLOWING MEMBERS: (A) CHAIRPERSON OF THE BOARD, (B) CHAIRPERSON-ELECT OF THE BOARD, (C) IMMEDIATE PAST CHAIRPERSON OF THE BOARD, (D) PRESIDENT AND CEO (EX-OFFICIO), (E) SECRETARY, (F) TREASURER, (G) PRESIDENT AND CHANCELLOR OF LSU, (H) CHANCELLOR OF THE AGCENTER (EX-OFFICIO), (I) CHANCELLOR OF THE LAW CENTER (EX-OFFICIO), (J) CHAIRPERSON OF THE FINANCE COMMITTEE, (K) CHAIRPERSON OF THE DEVELOPMENT AND MEMBERSHIP COMMITTEE, (L) CHAIRPERSON OF THE NOMINATING COMMITTEE, (M) CHAIRPERSON OF THE GOVERNANCE COMMITTEE, (N) CHAIRPERSON OF THE AUDIT COMMITTEE, (O) CHAIRPERSON OF THE STRATEGIC PLANNING COMMITTEE, AND (P) CHAIRPERSON OF THE INVESTMENT COMMTITEE. |
| FORM 990, PART VI, SECTION A, LINE 6 | THE FOUNDATION HAS MEMBERS. |
| FORM 990, PART VI, SECTION A, LINE 7A | BOARD MEMBERS ARE ELECTED BY THE BOARD OF DIRECTORS OF THE LSU FOUNDATION. |
| FORM 990, PART VI, SECTION B, LINE 11 | THE CFO REVIEWS THE FORM 990 WITH THE AUDIT COMMITTEE. THE CFO PROVIDES A COPY OF THE FORM 990 TO THE ENTIRE BOARD OF DIRECTORS AND SEEKS COMMENT AND FEEDBACK PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | ALL BOARD MEMBERS AND OFFICERS COMPLETE A DISCLOSURE STATEMENT QUESTIONNAIRE ON AN ANNUAL BASIS IN WHICH THEY ARE ASKED TO PROVIDE INFORMATION ON ENTITIES FOR WHICH THEY ARE BOARD MEMBERS, PARTNERS, OFFICERS, OR PRINCIPAL OWNERS. THE FOUNDATION LEGAL COUNSEL REVIEWS SUCH DISCLOSURE STATEMENTS FOR IDENTIFICATION OF POTENTIAL CONFLICTS. ALSO, PRIOR TO EXECUTION OF ALL CONTRACTS, THE FOUNDATION REQUIRES THE VENDOR TO COMPLETE A DISCLOSURE STATEMENT LISTING THE PRINCIPALS FOR THE CONTRACT. THESE VENDOR DISCLOSURE STATEMENTS ARE COMPARED TO THE DISCLOSURES PROVIDED BY BOARD MEMBERS AND OFFICERS AND REVIEWED TO DETERMINE IF ANY POTENTIAL CONFLICTS OF INTEREST EXIST. LEGAL COUNSEL ADDRESSES ANY CONCERNS BROUGHT TO HIM REGARDING POTENTIAL CONFLICTS OF INTEREST WITH THE BOARD OF DIRECTORS. ADDITIONALLY, THE BOARD PERIODICALLY PERFORMS A DETAILED REVIEW OF THE CONFLICT OF INTEREST POLICY. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE FOUNDATION GATHERED EXTERNAL, INDEPENDENT SALARY SURVEYS OF EXECUTIVE COMPENSATION FOR RELEVANT PEER GROUPS. THE FOUNDATION'S EXECUTIVE COMMITTEE REVIEWED AND DISCUSSED THE SURVEYS DURING EXECUTIVE SESSION IN CONJUNCTION WITH AN ANNUAL REVIEW OF COMPENSATION FOR OFFICERS. THE EXECUTIVE COMMITTEE MINUTES REFLECT THE PROCESS DESCRIBED ABOVE. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE FOUNDATION'S GOVERNING DOCUMENTS ARE FILED WITH THE LOUISIANA SECRETARY OF STATE'S OFFICE AND ARE AVAILABLE TO THE PUBLIC. THE CONFLICT OF INTEREST POLICY AND CONSOLIDATED AUDITED FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC ON THE FOUNDATION'S WEBSITE. |
| FORM 990 PART XII LINE 2C | THERE HAVE BEEN NO CHANGES FROM THE PREVIOUS FORM 990. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (3 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1 |
|---|---|---|---|---|---|---|---|---|---|
| CARY ESTATE PROPERTY - SURFACE LLC | |||||||||
| 3838 WEST LAKESHORE DRIVE | BATON ROUGE | LA | 70808 | 463195212 | INVESTMENT | LA | $1,921,985 | $1,667,114 | L S U FOUNDATION |
| CARY ESTATE PROPERTY - WORKING INTERESTS LLC | |||||||||
| 3838 WEST LAKESHORE DRIVE | BATON ROUGE | LA | 70808 | 463203356 | INVESTMENT | LA | $27,128 | $0 | L S U FOUNDATION |
| CARY ESTATE PROPERTY - NON-WORKING INTERESTS LLC | |||||||||
| 3838 WEST LAKESHORE DRIVE | BATON ROUGE | LA | 70808 | 463210371 | INVESTMENT | LA | $15,654 | $0 | L S U FOUNDATION |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Direct Controlling NADirectControllingNACd | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| LSU PROPERTY FOUNDATION | ||||||||||
| 3838 WEST LAKESHORE DRIVE | BATON ROUGE | LA | 70808 | 721295979 | FOSTER SUPPORT VIA GIFTS OF REAL ESTATE & EQUIP. FOR LSU, LAW & AG CENTERS | LA | 501(C)(3) | LINE 5 | N/A | 0 |
| LSU MARINE PROPERTY FOUNDATION | ||||||||||
| 3838 WEST LAKESHORE DRIVE | BATON ROUGE | LA | 70808 | 710865718 | FOSTER SUPPORT VIA GIFTS OF MARINE VESSELS FOR LSU, LAW & AG CENTERS | LA | 501(C)(3) | LINE 7 | N/A | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (1) | 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 | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | 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 (4 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| LSU PROPERTY FOUNDATION | ||
| B | $1,615,890 | CASH |
| LSU PROPERTY FOUNDATION & LSU MARINE PROPERTY FOUNDATION | ||
| N | ||
| LSU PROPERTY FOUNDATION & LSU MARINE PROPERTY FOUNDATION | ||
| O | ||
| LSU PROPERTY FOUNDATION | ||
| D | $4,970,000 | LOAN VALUE |
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