LSU HEALTH SCIENCES FOUNDATION IN SHREVEPORT: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- LSU HEALTH SCIENCES FOUNDATION IN SHREVEPORT (EIN 72-1402222)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2013-11-25
- IRS object ID
- 201303299349300520
- Schema version
- 2012v2.1
- 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 C
- Schedule D
- Schedule G
- Schedule I
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-11-25T11:40:06-06:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 720398470 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HEARD MCELROY & VESTAL LLC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 333 TEXAS STREET SUITE 1525 | AddressLine1 |
| City | SHREVEPORT | City |
| State | LA | State |
| ZIP Code | 71101 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 721402222 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LSU HEALTH SCIENCES FOUNDATION SHREVEPORT | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | LSUH | NameControl |
| Phone | 3188610855 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 920 PIERREMONT ROAD SUITE 407 | AddressLine1 |
| City | SHREVEPORT | City |
| State | LA | State |
| ZIP Code | 71106 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | CATHERINE S NOBILE | Name |
| Title | PRESIDENT | Title |
| Phone | 3188610855 | Phone |
| Date Signed | 2013-11-18 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | TIM B NIELSEN | Name |
| PTIN | P00086151 | PTIN |
| Phone | 3184291525 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | HARRY E MCINNIS JR | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 920 PIERREMONT ROAD SUITE 407 | AddressLine1 |
| City | SHREVEPORT | City |
| State | LA | State |
| ZIP Code | 71106 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 13377521 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.LSUHSFOUNDATION.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1997 | YearFormation |
| State Legal Domicile | LA | StateLegalDomicile |
| Activity Or Mission Description | THE SOLE MISSION OF THE FOUNDATION IS TO INSPIRE DONORS TO INVEST IN LSU HEALTH SHREVEPORT AND TO PROPERLY STEWARD CONTRIBUTIONS TOWARD ITS SUPPORT. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 32 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 32 | NbrIndependentVotingMembers |
| Total Nbr Employees | 12 | TotalNbrEmployees |
| Total Nbr Volunteers | 50 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 5605464 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 5435823 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 0 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1880383 | InvestmentIncomePriorYear |
| Investment Income Current Year | 3159374 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 1410797 | OtherRevenuePriorYear |
| Other Revenue Current Year | 2158631 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 8896644 | TotalRevenuePriorYear |
| Total Revenue Current Year | 10753828 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 4866962 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 7408939 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 614117 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 690939 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 519174 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 925800 | OtherExpensePriorYear |
| Other Expenses Current Year | 886118 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 6406879 | TotalExpensesPriorYear |
| Total Expenses Current Year | 8985996 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 2489765 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 1767832 | RevenuesLessExpensesCY |
| Total Assets BOY | 110077114 | TotalAssetsBOY |
| Total Assets EOY | 177027973 | TotalAssetsEOY |
| Total Liabilities BOY | 7831337 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 65172417 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 102245777 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 111855556 | NetAssetsOrFundBalancesEOY |
| Mission Description | THE SOLE MISSION OF THE FOUNDATION IS TO SUPPORT, ENHANCE AND ASSIST THE LSU HEALTH SCIENCES CENTER AT SHREVEPORT IN ITS MANY ENDEAVORS. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 7445364 | Expense |
| Grants | 7408939 | Grants |
| Revenue | 2091788 | Revenue |
| Description | 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. | Description |
| Total Program Service Expense | 7445364 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 1 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 1 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 1 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 1 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 1 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 59 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 12 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 32 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 32 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Own Website | X | OwnWebsite |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ORGANIZATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 3188610855 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 920 PIERREMONT ROAD SUITE 407 | AddressLine1 |
| City | SHREVEPORT | City |
| State | LA | State |
| ZIP Code | 71106 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (36 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|---|---|
| CATHERINE S NOBILE | ||||||||
| PRESIDENT | 40.00 | X | X | X | X | 133637 | 0 | 0 |
| HARRY E MCINNIS JR | ||||||||
| IMMEDIATE PAST CHAIRMAN | 2.00 | X | 0 | 0 | 0 | |||
| KEITH CRISSMAN | ||||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |||
| W CLINTON RASBERRY JR | ||||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |||
| RITA HUMMINGBIRD | ||||||||
| CHAIRMAN | 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 | |||
| TROY BROUSSARD | ||||||||
| DIRECTOR/AT LARGE | 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/AT LARGE | 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 | ||||||||
| DIRECTOR/PERSONNEL CHAIR | 2.00 | X | 0 | 0 | 0 | |||
| LINDA C SELL CPA | ||||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |||
| ARMAND ROOS | ||||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |||
| ASCENSION SMITH | ||||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |||
| HAROLD TURNER | ||||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |||
| CYNTHIA WOOD | ||||||||
| DIRECTOR/DEVELOPMENT CHAIRMAN | 2.00 | X | 0 | 0 | 0 | |||
| DONALD ZADECK | ||||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |||
| FRED L MOFFITT | ||||||||
| EMERITUS DIRECTOR | 2.00 | X | 0 | 0 | 0 | |||
| EUGENE C ST MARTIN MD | ||||||||
| EMERITUS DIRECTOR | 2.00 | X | 0 | 0 | 0 | |||
| PETE ZANMILLER | ||||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |||
| TOMMY CLARK | ||||||||
| 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 | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 133637 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 0 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (2 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| EPSTEIN BECKER AND GREEN | |||||
| TWO HOUSTON CENTER 909 FANIN STE | HOUSTON | TX | 77010 | LEGAL SERVICES IN RELATION TO LSUHSC'S S | 836167 |
| I3 HEALTHCARE CONSULTING LLC | |||||
| 4 LAUREL CIRCLE | LUTHERVILLE | MD | 21093 | CONSULTING FEES RELATED TO LSUHSC'S SPIN | 617171 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 2 | NumberOfContractorsGT100K |
| Fundraising Events | 305669 | FundraisingEvents |
| All Other Contributions | 5130154 | AllOtherContributions |
| Noncash Contributions | 56675 | NoncashContributions |
| Total Contributions | 5435823 | TotalContributions |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2616312 | TotalRevenueColumn |
| Exclusion | $2,616,312 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 66843 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 0 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 66843 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 66843 | TotalRevenueColumn |
| Exclusion | $66,843 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 3047404 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 2504342 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 543062 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 543062 | TotalRevenueColumn |
| Exclusion | $543,062 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 119351 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 305669 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 119351 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MANAGEMENT FEE INCOME | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 2091788 | TotalRevenueColumn |
| Related Or Exempt Function Income | 2091788 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 2091788 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 10753828 | TotalRevenueColumn |
| Related Or Exempt Function Income | 2091788 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $3,226,217 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7408939 | Total |
| Program Services | 7408939 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 364450 | Total |
| Management And General | 255587 | ManagementAndGeneral |
| Fundraising | 108863 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 233668 | Total |
| Management And General | 120062 | ManagementAndGeneral |
| Fundraising | 113606 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 48934 | Total |
| Management And General | 30733 | ManagementAndGeneral |
| Fundraising | 18201 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 43887 | Total |
| Management And General | 27563 | ManagementAndGeneral |
| Fundraising | 16324 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 47000 | Total |
| Management And General | 47000 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 112975 | Total |
| Management And General | 112975 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 166820 | Total |
| Management And General | 92824 | ManagementAndGeneral |
| Fundraising | 73996 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1875 | Total |
| Management And General | 1406 | ManagementAndGeneral |
| Fundraising | 469 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15087 | Total |
| Management And General | 11315 | ManagementAndGeneral |
| Fundraising | 3772 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 45571 | Total |
| Management And General | 34178 | ManagementAndGeneral |
| Fundraising | 11393 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5515 | Total |
| Management And General | 4136 | ManagementAndGeneral |
| Fundraising | 1379 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 34501 | Total |
| Management And General | 34501 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 72922 | Total |
| Management And General | 72922 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 82329 | Total |
| Management And General | 82329 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | FundraisingFundraising | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|---|
| FUNDRAISING | 119351 | 119351 | ||
| PRINTING | 36959 | 36959 | ||
| LSU PRESIDENT SEARCH | 36425 | 36425 | ||
| REPAIRS & MAINTENANCE | 28755 | 28755 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 80033 | Total |
| Management And General | 65172 | ManagementAndGeneral |
| Fundraising | 14861 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8985996 | Total |
| Program Services | 7445364 | ProgramServices |
| Management And General | 1021458 | ManagementAndGeneral |
| Fundraising | 519174 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1871957 | BOY |
| EOY | 1861564 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 809851 | BOY |
| EOY | 28300 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 251639 | BOY |
| EOY | 458953 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 47151 | BOY |
| EOY | 17273 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 4635566 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 310036 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4398452 | BOY |
| EOY | 4325530 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 102415546 | BOY |
| EOY | 170053933 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 227436 | BOY |
| EOY | 277265 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 55082 | BOY |
| EOY | 5155 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 110077114 | BOY |
| EOY | 177027973 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 498962 | BOY |
| EOY | 2077294 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 55156631 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 786406 | BOY |
| EOY | 534995 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6545969 | BOY |
| EOY | 7403497 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7831337 | BOY |
| EOY | 65172417 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13133728 | BOY |
| EOY | 13156330 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 77805805 | BOY |
| EOY | 86586654 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11306244 | BOY |
| EOY | 12112572 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 102245777 | BOY |
| EOY | 111855556 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 110077114 | BOY |
| EOY | 177027973 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 1767832 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 7841947 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supporting Organization509a3 | X | SupportingOrganization509a3 |
| Supporting Org509a3 Type1 | X | SupportingOrg509a3Type1 |
| Contrib By Controlling Individual | 0 | ContribByControllingIndividual |
| Contribution By Related Party | 0 | ContributionByRelatedParty |
| Contrib By35 Controlled Entity | 0 | ContribBy35ControlledEntity |
Supported Org Information SupportedOrgInformation
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LSU HEALTH SCIENCES CENTER | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 720702002 | EIN |
| Type Of Organization | 501(C)3 | TypeOfOrganization |
| Listed In Governing Doc | 1 | ListedInGoverningDoc |
| Supported Organization Notified | 1 | SupportedOrganizationNotified |
| Organized In US | 1 | OrganizedInUS |
| Amount | $7,408,939 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Number Of Supported Orgs | 1 | TotalNumberOfSupportedOrgs |
| Sum Of Amounts | 7408939 | SumOfAmounts |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| 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) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule C IRS990ScheduleC
Total Direct Lobbying TotalDirectLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 36000 | FilingOrganizationsTotals |
Total Lobbying Expenditures TotalLobbyingExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 36000 | FilingOrganizationsTotals |
Other Exempt Purpose Expenditures OtherExemptPurposeExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 8949996 | FilingOrganizationsTotals |
Total Exempt Purpose Expenditures TotalExemptPurposeExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 8985996 | FilingOrganizationsTotals |
Lobbying Nontaxable LobbyingNontaxableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 599300 | FilingOrganizationsTotals |
Grassroots Nontaxable GrassrootsNontaxableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 149825 | FilingOrganizationsTotals |
Tot Lobbying Grassroot Minus Non Tx TotLobbyingGrassrootMinusNonTx
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 0 | FilingOrganizationsTotals |
Tot Lobby Expend Mns Lobbying Nontx TotLobbyExpendMnsLobbyingNontx
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 0 | FilingOrganizationsTotals |
Lobbying Nontaxable Amount2 LobbyingNontaxableAmount2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus1 | 470344 | CurrentYearMinus1 |
| Current Year | 599300 | CurrentYear |
| Total | 1069644 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $1,604,466 | LobbyingCeilingAmount |
Total Lobbying Expenditures2 TotalLobbyingExpenditures2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus1 | 30000 | CurrentYearMinus1 |
| Current Year | 36000 | CurrentYear |
| Total | 66000 | Total |
Grassroots Nontaxable Amount2 GrassrootsNontaxableAmount2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus1 | 117586 | CurrentYearMinus1 |
| Current Year | 149825 | CurrentYear |
| Total | 267411 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $401,117 | GrassrootsCeilingAmount |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PART IV, SUPPLEMENTAL INFORMATION: | Identifier |
| Explanation | 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. | Explanation |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | 0 | AgentTrusteeEtc |
| Included On FS | 1 | IncludedOnFS |
| Explanation In Part XIII | X | ExplanationInPartXIII |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 83634637 | BeginningOfYearBalance |
| Contributions | 3338473 | Contributions |
| Investment Earnings Or Losses | 10447079 | InvestmentEarningsOrLosses |
| Other Expenditures | 3009972 | OtherExpenditures |
| Administrative Expenses | 1413847 | AdministrativeExpenses |
| End Of Year Balance | 92996370 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 83447203 | BeginningOfYearBalance |
| Contributions | 2887121 | Contributions |
| Investment Earnings Or Losses | 826379 | InvestmentEarningsOrLosses |
| Other Expenditures | 2196485 | OtherExpenditures |
| Administrative Expenses | 1329581 | AdministrativeExpenses |
| End Of Year Balance | 83634637 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 73283479 | BeginningOfYearBalance |
| Contributions | 1852687 | Contributions |
| Investment Earnings Or Losses | 13511822 | InvestmentEarningsOrLosses |
| Other Expenditures | 3869246 | OtherExpenditures |
| Administrative Expenses | 1331539 | AdministrativeExpenses |
| End Of Year Balance | 83447203 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 65738302 | BeginningOfYearBalance |
| Contributions | 1766691 | Contributions |
| Investment Earnings Or Losses | 7439760 | InvestmentEarningsOrLosses |
| Other Expenditures | 603959 | OtherExpenditures |
| Administrative Expenses | 1057315 | AdministrativeExpenses |
| End Of Year Balance | 73283479 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 66955673 | BeginningOfYearBalance |
| Contributions | 4442412 | Contributions |
| Investment Earnings Or Losses | -4528759 | InvestmentEarningsOrLosses |
| Other Expenditures | 507950 | OtherExpenditures |
| Administrative Expenses | 623074 | AdministrativeExpenses |
| End Of Year Balance | 65738302 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Permanent Endowment EOY Balance | 0.13000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.87000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 4541676 | InvestmentCostOrOtherBasis |
| Depreciation | 240123 | Depreciation |
| Book Value | 4301553 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3200 | OtherCostOrOtherBasis |
| Depreciation | 280 | Depreciation |
| Book Value | 2920 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 90690 | OtherCostOrOtherBasis |
| Depreciation | 69633 | Depreciation |
| Book Value | 21057 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 4325530 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | DUE TO LSU HEALTH SHREVEPORT-BOR | Description |
| Amount | $7,403,497 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 7403497 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 18595775 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 7841947 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | 7841947 | RevenueNotRptdF990 |
| Revenue Subtotal | 10753828 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 10753828 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 8985996 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 8985996 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 8985996 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (3 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| 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. | DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: |
| PART X, LINE 2: | THE LSU HEALTH SCIENCES FOUNDATION IN SHREVEPORT QUALIFIES AS A TAX-EXEMPT ORGANIZATION 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 LLC'S AND ARE CONSIDERED DISREGARDED ENTITIES FOR TAX PURPOSES. THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE FINANCIAL STATEMENTS, BUT THE FOUNDATION IS REQUIRED TO FILE AN ANNUAL INFORMATION RETURN. THE FOUNDATION IS ALSO REQUIRED TO REVIEW VARIOUS TAX POSITIONS IT HAS TAKEN WITH RESPECT TO ITS EXEMPT STATUS AND DETERMINE WHETHER IN FACT IT IS A TAX EXEMPT ENTITY. THE FOUNDATION MUST ALSO CONSIDER WHETHER IT HAS NEXUS IN JURISDICTIONS IN WHICH IT HAS INCOME AND WHETHER A TAX RETURN IS REQUIRED IN THOSE JURISDICTIONS. IN ADDITION, AS A TAX EXEMPT ENTITY, THE FOUNDATION MUST ASSESS WHETHER IT HAS ANY TAX POSITIONS ASSOCIATED WITH UNRELATED BUSINESS INCOME SUBJECT TO INCOME TAX. THE FOUNDATION DOES NOT EXPECT ITS 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 ACCOUNTING RECORDS. THE FOUNDATION FILES U.S. FEDERAL FORM 990 FOR INFORMATIONAL PURPOSES. THE FOUNDATION'S FEDERAL INCOME TAX RETURNS FOR THE TAX YEARS 2009 AND BEYOND REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | EVENING FOR HEROES | NameOfEvent1 |
| Gross Receipts Event1 | 358003 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 238652 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 119351 | GrossRevenueEvent1 |
| Name Of Event2 | ANNUAL APPEAL | NameOfEvent2 |
| Gross Receipts Event2 | 67017 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 67017 | CharitableContributionsEvent2 |
| Gross Receipts Total | 425020 | GrossReceiptsTotal |
| Charitable Contributions Total | 305669 | CharitableContributionsTotal |
| Gross Revenue Total Events | 119351 | GrossRevenueTotalEvents |
| Net Income Summary | 119351 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable
Recipient Name Business RecipientNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LSU HEALTH SCIENCES CENTER SHREVEPORT | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1501 KINGS HWY | AddressLine1 |
| City | SHREVEPORT | City |
| State | LA | State |
| ZIP Code | 71103 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN Of Recipient | 720702002 | EINOfRecipient |
| IRC Section | 501(C)3 | IRCSection |
| Amount Of Cash Grant | 7408939 | AmountOfCashGrant |
| Amount Of Non Cash Assistance | 0 | AmountOfNonCashAssistance |
| Purpose Of Grant | SUPPORT LSU HEALTH SCIENCES CENTER | PurposeOfGrant |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 1 | TotalNbrOf501C3AndGovtGrants |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, 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. | Explanation |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | KEITH CRISSMAN | NamePerson |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | BOARD MEMBER | Relationship |
| Amount Of Transaction | 94091347 | AmountOfTransaction |
| Description Of Transaction | KEITH CRISSMAN IS THE PRESIDENT AND CEO OF REGIONS BANK. THE FOUNDATION HAS AN INVESTMENT ACCOUNT THAT IS MANAGED BY REGIONS BANK VALUED AT $94,091,347. | DescriptionOfTransaction |
| Sharing Of Revenues | 0 | SharingOfRevenues |
Schedule M IRS990ScheduleM
Other Non Cash Contributions Table OtherNonCashContributionsTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Description | AUCTION PRIZES | Description |
| Number Of Contributions | 8 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 56675 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | COST | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| 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 2C | THE FOUNDATION'S BOARD OVERSEES THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part I Form990ScheduleRPartI (3 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Direct Controlling Entity NADirectControllingEntityNA |
|---|---|---|---|---|---|---|---|
| FOUNDATION PROPERTY LLC | |||||||
| 920 PIERREMONT RD SUITE 407 | SHREVEPORT | LA | 71106 | 760836777 | HOLD REAL ESTATE WHERE THE FOUNDATION IS IN THE CHAIN OF TITLE | LA | N/A |
| FOUNDATION GENERAL HOLDINGS LLC | |||||||
| 920 PIERREMONT RD SUITE 407 | SHREVEPORT | LA | 71106 | 450540635 | PURCHASE AND/OR HOLD REAL PROPERTY SO THAT THE FOUND. DOES NOT HOLD TITLE | LA | N/A |
| INTERMODAL TRANSIT FACILITY LLC | |||||||
| 920 PIERREMONT RD SUITE 407 | SHREVEPORT | LA | 71106 | 340411959 | PURCHASE AND BUILD A PARKING FACILITY ADJACENT TO LSU HEALTH SCIENCES CENTER | LA | N/A |
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LSU HEALTH SCIENCES CENTER SHREVEPORT | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1501 KINGS HWY | AddressLine1 |
| City | SHREVEPORT | City |
| State | LA | State |
| ZIP Code | 71103 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 720702002 | EIN |
| Primary Activities | MEDICAL SCHOOL/HOSPITAL | PrimaryActivities |
| Legal Domicile State | LA | LegalDomicileState |
| Exempt Code Section | 501(C)3 | ExemptCodeSection |
| Public Charity Status | 2 | PublicCharityStatus |
| Direct Controlling Entity NA | N/A | DirectControllingEntityNA |
| Controlled Org | 0 | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 1 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Dividends Related Organization | 0 | DividendsRelatedOrganization |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable
Name Of Other Organization NameOfOtherOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LSU HEALTH SCIENCES CENTER SHREVEPORT | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | B | TransactionType |
| Amount Involved | 7408939 | AmountInvolved |
| Method Of Amt Determination | ACCRUAL | MethodOfAmtDetermination |
Comments