2012-03-01T11:23:02-06:00 2011-06-30 HEARD MCELROY & VESTAL LLC 333 TEXAS STREET SUITE 1525 SHREVEPORT LA 71101 990 2010-07-01 721402222 LSU HEALTH SCIENCES FOUNDATION SHREVEPORT LSUH 3188610855 920 PIERREMONT ROAD SUITE 407 SHREVEPORT LA 71106 CATHERINE S NOBILE 3188610855 2012-03-01 1 TIM B NIELSEN 3184291525 2010 2016-02-24 21:20:13Z HARRY E MCINNIS JR 920 PIERREMONT ROAD SUITE 407 SHREVEPORT LA 71106 45549483 0 X WWW.LSUHSFOUNDATION.ORG X 1997 LA THE SOLE MISSION OF THE FOUNDATION IS TO SUPPORT, ENHANCE AND ASSIST THE LSU HEALTH SCIENCES CENTER AT SHREVEPORT IN ITS MANY ENDEAVORS. 32 32 14 50 0 0 2821448 2976346 0 0 4152759 6549204 1254013 1436698 8228220 10962248 2546158 7464395 0 0 515509 602914 0 0 294863 853347 809679 3915014 8876988 4313206 2085260 95620165 110361409 5876715 10116048 89743450 100245361 THE SOLE MISSION OF THE FOUNDATION IS TO SUPPORT, ENHANCE AND ASSIST THE LSU HEALTH SCIENCES CENTER AT SHREVEPORT IN ITS MANY ENDEAVORS. 0 0 7464395 1245544 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. 7464395 1 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 1 1 0 0 0 1 37 0 1 14 1 0 0 0 0 0 1 0 0 0 0 0 X 32 32 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X X THE ORGANIZATION 3188610855 920 PIERREMONT ROAD SUITE 407 SHREVEPORT LA 71106 CATHERINE S NOBILE 40.00 X X X X 130000 0 3900 HARRY E MCINNIS JR 6.00 X X 0 0 0 SYDNEY NELSON 2.00 X X 0 0 0 W CLINTON RASBERRY JR 2.00 X X 0 0 0 CAROLYN MYRICK 2.00 X X 0 0 0 RITA HUMMINGBIRD 4.00 X X 0 0 0 REGINALD ABRAMS 2.00 X 0 0 0 PHILIP COLE MD 2.00 X 0 0 0 MARIANNE COMEGYS 2.00 X 0 0 0 KEITH CRISSMAN 2.00 X 0 0 0 ROSEMARY EWING 2.00 X 0 0 0 MARTHA FITZGERALD 2.00 X 0 0 0 ARCHER FRIERSON II 2.00 X 0 0 0 RONALD GEORGE MD 2.00 X 0 0 0 JONATHAN GLASS MD 2.00 X 0 0 0 ROBERT HAMM 2.00 X 0 0 0 DONALD HORTON 2.00 X 0 0 0 ANGELA LAWRENCE CPA 2.00 X 0 0 0 KEVIN MCCOTTER 2.00 X 0 0 0 KATY M MERRIMAN 2.00 X 0 0 0 SAUL A MINTZ 2.00 X 0 0 0 FRED L MOFFITT 2.00 X 0 0 0 THOMAS H MURPHY 2.00 X 0 0 0 IKE MUSLOW MD 2.00 X 0 0 0 ROBERT G PUGH JR 2.00 X 0 0 0 EUGENE C ST MARTIN MD 2.00 X 0 0 0 KEVIN SITTIG MD 2.00 X 0 0 0 C STEWART SLACK 2.00 X 0 0 0 ASCENSION SMITH 2.00 X 0 0 0 HAROLD TURNER 2.00 X 0 0 0 WILLIAM S WHYTE II MD 2.00 X 0 0 0 CYNTHIA WOOD 2.00 X 0 0 0 DONALD ZADECK 2.00 X 0 0 0 130000 0 3900 1 0 0 0 0 314286 2662060 2976346 3130892 3130892 191154 191154 191154 191154 37845270 34426958 3418312 3418312 3418312 160277 314286 160277 0 MANAGEMENT FEE INCOME 900099 1245544 1245544 1245544 10962248 1245544 0 6740358 7464395 7464395 530620 397965 132655 33427 25070 8357 38867 29150 9717 7675 7675 77766 77766 134888 134888 75780 75780 12991 9743 3248 44144 33108 11036 6733 5050 1683 39133 39133 66921 66921 99831 99831 FUNDRAISING 109473 109473 REPAIRS & MAINTENANCE 31134 27300 3834 PRINTING 20796 15597 5199 BANK CHARGES 15115 15115 MEALS & ENTERTAINMENT 10835 8126 2709 56464 49512 6952 8876988 7464395 1117730 294863 1090251 2245050 117509 81534 6944 6011 5030218 165350 5040483 4864868 89352028 103077477 65420 12950 21049 95620165 110361409 28024 2854112 527332 1068043 5321359 6193893 5876715 10116048 X 12451315 12582834 67431206 76262008 9860929 11400519 89743450 100245361 95620165 110361409 X 2085260 8416651 X X 0 1 1 X 0 X X 0 0 0 LSU HEALTH SCIENCES CENTER 720702002 501(C)3 1 1 1 6574395 1 6574395 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 73283479 1852687 13511822 3869246 1331539 83447203 65738302 1766691 7439760 603959 1057315 73283479 66955673 4442412 -4528759 507950 623074 65738302 0.14000 0.86000 0 0 4945688 119502 4826186 3200 116 3084 81330 45732 35598 4864868 DUE TO LSU HEALTH SCIENCES CENTER SHREVEPORT 6193893 6193893 10962248 8876988 2085260 8416651 8416651 10501911 19378899 8416651 8416651 10962248 0 10962248 8876988 0 8876988 0 8876988 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: 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 UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: 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 2007 AND BEYOND REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. EVENING FOR HEROES 269750 109473 160277 160277 ANNUAL APPEAL 204813 204813 474563 314286 160277 160277 160277 0 1 LSU HEALTH SCIENCES CENTER SHREVEPORT 1501 KINGS HWY SHREVEPORT LA 71103 720702002 501(C)3 6574395 BOOK SUPPORT LSU HEALTH SCIENCES CENTER THE PARISH OF CADDO 505 TRAVIS STREET STE 800 SHREVEPORT LA 71101 726000223 501(C)3 890000 BOOK REAL ESTATE/BUILDING CHARITABLE DONATION OF UNUSED PROPERTY 2 0 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: 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. DURING THE YEAR ENDED JUNE 30, 2011, THE FOUNDATION DONATED A BUILDING TO THE PARISH OF CADDO. THE BUILDING WAS NOT BEING USED BY THE FOUNDATION, AND WOULD REQUIRE SIGNIFICANT REPAIRS TO MAKE THE BUILDING READY FOR SALE. KEITH CRISSMAN BOARD MEMBER 147654 KEITH CRISSMAN IS THE PRESIDENT AND CEO OF REGIONS BANK. THE FOUNDATION HAS AN OUTSTANDING LOAN OF $147,654 WITH REGIONS BANK. 0 KEITH CRISSMAN BOARD MEMBER 33119940 KEITH CRISSMAN IS THE PRESIDENT AND CEO OF REGIONS BANK. THE FOUNDATION HAS AN INVESTMENT ACCOUNT THAT IS MANAGED BY REGIONS BANK VALUED AT $33,119,940. 0 HAROLD TURNER BOARD MEMBER 238471 HAROLD TURNER IS PRESIDENT OF RED RIVER BANK. THE FOUNDATION HAS AN INVESTMENT ACCOUNT THAT IS MANAGED BY RED RIVER BANK VALUED AT 7/1/2010 $238,471; BALANCE AT 6/30/11 WAS $0. 0 FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY THE PRESIDENT AND CFO IN CONJUNCTION WITH THE FINANCE COMMITTEE, WHICH PRESENTS THE FORM 990 FOR BOARD REVIEW. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY BY REVIEWING THE DAILY OPERATIONS OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION FOR THE EXECUTIVE DIRECTOR AND KEY EMPLOYEES INCLUDES A REVIEW OF COMPARABILITY DATA, FORM 990 OF OTHER ORGANIZATIONS BY THE COMPENSATION COMMITTEE AND CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION. COMPENSATION IS APPROVED BY THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 8,416,651. FORM 990, PART XI, LINE 2C THE FOUNDATION'S BOARD OVERSEES THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. FOUNDATION PROPERTY LLC 920 PIERREMONT RD SUITE 407 SHREVEPORT LA 71106 760836777 HOLD REAL ESTATE WHERE THE FOUNDATION IS IN THE CHAIN OF TITLE LA 188344 2579933 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 1500 800210 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 1200 1491070 N/A LSU HEALTH SCIENCES CENTER SHREVEPORT 1501 KINGS HWY SHREVEPORT LA 71103 720702002 MEDICAL SCHOOL/HOSPITAL LA 501(C)3 2 N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 LSU HEALTH SCIENCES CENTER SHREVEPORT B 6574395 ACCRUAL