L S U FOUNDATION: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- L S U FOUNDATION (EIN 72-6020969)
- Tax period
- 2009-07-01 to 2010-06-30
- Filed
- 2011-05-09
- IRS object ID
- 201121299349301112
- Schema version
- 2009v1.7
- 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 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) |
|---|---|---|
| Timestamp | 2011-05-09T09:39:28-05:00 | Timestamp |
| Tax Period End Date | 2010-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Postlethwaite & Netterville | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| 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 | ReturnType |
| Tax Period Begin Date | 2009-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 726020969 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | L S U FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | LSUF | NameControl |
| Phone | 2255783811 | Phone |
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 |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | GINA M DUGAS | Name |
| Title | CHIEF FINANCIAL OFFICER | Title |
| Phone | 2255784341 | Phone |
| Date Signed | 2011-05-04 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Candy Wright | Name |
| Phone | 2259224600 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | WILLIAM G BOWDON | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| 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 | 319447127 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | www.lsufoundation.org | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1960 | YearFormation |
| State Legal Domicile | LA | StateLegalDomicile |
| Activity Or Mission Description | 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. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 25 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 25 | NbrIndependentVotingMembers |
| Total Nbr Employees | 65 | TotalNbrEmployees |
| Total Nbr Volunteers | 25 | TotalNbrVolunteers |
| Total Gross UBI | -15637 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -15637 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 20137203 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 31561414 | ContributionsGrantsCurrentYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 9229326 | InvestmentIncomePriorYear |
| Investment Income Current Year | 5191097 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 1061129 | OtherRevenuePriorYear |
| Other Revenue Current Year | 1081771 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 30427658 | TotalRevenuePriorYear |
| Total Revenue Current Year | 37834282 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 16855833 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 35353048 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 5493153 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 5688617 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 35930 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 5240 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 3991418 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 9510105 | OtherExpensePriorYear |
| Other Expenses Current Year | 10172868 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 31895021 | TotalExpensesPriorYear |
| Total Expenses Current Year | 51219773 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -1467363 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -13385491 | RevenuesLessExpensesCY |
| Total Assets BOY | 436647922 | TotalAssetsBOY |
| Total Assets EOY | 463897474 | TotalAssetsEOY |
| Total Liabilities BOY | 96267351 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 104046093 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 340380571 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 359851381 | NetAssetsOrFundBalancesEOY |
| Mission Description | 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. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 13751072 | Expense |
| Description | ACADEMIC AND RESEARCH ACTIVITIES: DIRECT SUPPORT OF EXTENSIVE SCOPE OF ACADEMIC AND RESEARCH PROGRAMS CONDUCTED BY THE ACADEMIC COLLEGES AND RESEARCH CENTERS WITHIN LSU, LSU AGRICULTURAL CENTER, AND LAW CENTER. THESE PROGRAMS ARE INTEGRAL TO THE ACCOMPLISHMENTS OF LSU'S MISSION, AND THE FOUNDATION PROVIDES CRUCIAL FUNDING TO SUPPLEMENT STATE APPROPRIATIONS. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 4851982 | Expense |
| Description | CHAIRS AND PROFESSORSHIPS: SUPPORT OF THE SCHOLARLY RESEARCH ACTIVITIES OF LSU'S DISTINGUISHED FACULTY WHO HAVE BEEN HONORED WITH APPOINTMENT BY THE UNIVERSITY TO DESIGNATED CHAIRS AND PROFESSORSHIPS. THE WIDE VARIETY OF SUPPORT PROVIDED INCLUDES SALARY SUPPLEMENTS, EQUIPMENT PURCHASES AND RESEARCH-RELATED TRAVEL. THIS SUPPORT IS CRITICAL TO THE UNIVERSITY'S ABILITY TO RECRUIT AND RETAIN FACULTY WHO ARE EMINENT IN THEIR FIELDS. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 20593690 | Expense |
| Description | CAPITAL OUTLAY AND IMPROVEMENTS: FUNDING FOR EQUIPMENT, FURNISHINGS & MINOR RENOVATIONS FOR UNIVERSITY FACILITIES, AS WELL AS MAJOR CONSTRUCTION PROJECTS FOR THE UNIVERSITY'S BENEFIT, THE MOST SIGNIFICANT BEING THE CONSTRUCTION OF A NEW BUSINESS EDUCATION COMPLEX. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 4453376 | Expense |
| Description | OTHER PROGRAM SERVICES INCLUDE: (1) SCHOLARSHIPS & FELLOWSHIPS: AWARDS TO THE UNIVERSITY'S UNDERGRADUATE AND GRADUATE STUDENTS BASED ON BOTH MERIT AND NEED, (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. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 4453376 | TotalOfOtherProgramServiceExp |
| Total Program Service Expense | 43650120 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 1 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Balance Sheet Amounts Reported | 1 | BalanceSheetAmountsReported |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 1 | 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 | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| 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 | 1 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 1 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 176 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 65 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 1 | ForeignFinancialAccount |
| Name Of Foreign Country | CJ | NameOfForeignCountry |
| 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 |
| Nbr Voting Governing Body Members | 25 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 25 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 1 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | 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 |
| 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 | GINA DUGAS | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 2255783811 | TelephoneNumber |
Address US AddressUS
| 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 Form990PartVIISectionA (34 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| J LANIER YEATES | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| CHARLES A LANDRY | |||||||
| CHAIRMAN | 2.00 | X | 0 | 0 | 0 | ||
| ROBERT H CROSBY III | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| MARK K ANDERSON | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| JEFF H BENHARD | |||||||
| DIRECTOR | 1.50 | X | 0 | 0 | 0 | ||
| J HERBERT BOYDSTUN | |||||||
| DIRECTOR | 1.50 | X | 0 | 0 | 0 | ||
| J TERRELL BROWN | |||||||
| DIRECTOR | 1.50 | X | 0 | 0 | 0 | ||
| LAURA L DAUZAT | |||||||
| CHAIRMAN-ELECT | 2.00 | X | 0 | 0 | 0 | ||
| WILLIAM T FIRESHEETSII | |||||||
| DIRECTOR | 1.50 | X | 0 | 0 | 0 | ||
| T CASS GAIENNIE | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| G LEE GRIFFIN | |||||||
| DIRECTOR | 1.50 | X | 0 | 0 | 0 | ||
| FRANK W HARRISON III | |||||||
| DIRECTOR | 1.50 | X | 0 | 0 | 0 | ||
| GARY L LABORDE | |||||||
| DIRECTOR | 1.50 | X | 0 | 0 | 0 | ||
| GENE W LAFITTE | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| LAURA A LEACH | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| DOUGLAS MANSHIP JR | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| WILLIAM B OWENS | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| JAMES R PELTIER | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| JOHN SHACKELFORD | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| SUE W TURNER | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| BURTON D WEAVER JR | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| WILLIAM H WRIGHT JR | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| FELIX R WEILL | |||||||
| DIRECTOR | 1.50 | X | 0 | 0 | 0 | ||
| ROBERT W DAIGLE | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| ROBERT M STUART JR | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| DAVID MEANS | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| William G BOWDON | |||||||
| PRESIDENT & CEO | 40.00 | 333990 | 0 | 20455 | X | ||
| GINA M DUGAS | |||||||
| CHIEF FINANCIAL OFFICER | 40.00 | 168222 | 0 | 17502 | X | ||
| JEFFERY L MCLAIN | |||||||
| VP FOR DEVELOPMENT | 40.00 | 189622 | 0 | 27784 | X | ||
| WILLIAM L SILVIA JR | |||||||
| CORPORATE SECRETARY | 1.00 | 0 | 0 | 0 | X | ||
| GEORGE T MOSS | |||||||
| CHIEF INVESTMENT OFFICER | 40.00 | 134071 | 0 | 17762 | X | ||
| KUSHAL DASGUPTA | |||||||
| DIR/INFO TECHNOLOGY | 40.00 | 102884 | 0 | 15372 | X | ||
| ANN M MARMANDE-FRENZEL | |||||||
| DIRECTOR OF DEVELOPMENT | 40.00 | 104491 | 0 | 16393 | X | ||
| MICHAEL R ROBINSON | |||||||
| SR DIR/DEVELOPMENT | 40.00 | 107037 | 0 | 13032 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1140317 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 128300 | TotalOtherCompensation |
| Number Individuals GT100 K | 7 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| SUNGARD HIGHER EDUCATION ADVANCEMENT | |||||
| 2615 COLLECTION CENTER DRIVE | CHICAGO | IL | 60693 | IT MAINTENANCE & CONSULTING | 242426 |
| ADVANCE INNOVATIVE EDUCATION | |||||
| 100 LAFAYETTE ST 232 | BATON ROUGE | LA | 70801 | ACADEMIC PROGRAM CONSULTING | 200000 |
| ROGERS CASEY | |||||
| PO BOX 18239 | BRIDGEPORT | CT | 06601 | INVESTMENT CONSULTANTS | 173940 |
| ADAMS & REESE LLP | |||||
| 401 9TH ST NW STE 610 S | WASHINGTON | DC | 20004 | ATTORNEYS AT LAW | 167140 |
| ROEDEL PARSONS KOCH FROST BALHOFF & MCCO | |||||
| 8440 JEFFERSON HWY 301 | BR | LA | 70809 | ATTORNEYS AT LAW | 166146 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 6 | NumberOfContractorsGT100K |
| Fundraising Events | 247485 | FundraisingEvents |
| All Other Contributions | 31313929 | AllOtherContributions |
| Noncash Contributions | 2103472 | NoncashContributions |
| Total Contributions | 31561414 | TotalContributions |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 327650 | TotalRevenueColumn |
| Unrelated Business Revenue | -15637 | UnrelatedBusinessRevenue |
| Exclusion | $343,287 | ExclusionAmount |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 64846 | TotalRevenueColumn |
| Exclusion | $64,846 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 286044687 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 281181240 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 4863447 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 4863447 | TotalRevenueColumn |
| Related Or Exempt Function Income | 4863447 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 327862 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 247485 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 374401 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -46539 | TotalRevenueColumn |
| Exclusion | -$46,539 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 134624 | GrossSalesOfInventory |
| Cost Of Goods Sold | 57204 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 77420 | TotalRevenueColumn |
| Exclusion | $77,420 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | FUND MANAGEMENT FEES | Description |
| Business Code | 541900 | BusinessCode |
| Total Revenue Column | 986044 | TotalRevenueColumn |
| Exclusion | $986,044 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 986044 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 37834282 | TotalRevenueColumn |
| Related Or Exempt Function Income | 4863447 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | -15637 | UnrelatedBusinessRevenue |
| Exclusion | $1,425,058 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 35353048 | Total |
| Program Services | 35353048 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 928146 | Total |
| Management And General | 526914 | ManagementAndGeneral |
| Fundraising | 401232 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3783213 | Total |
| Management And General | 1355848 | ManagementAndGeneral |
| Fundraising | 2427365 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 218327 | Total |
| Management And General | 78041 | ManagementAndGeneral |
| Fundraising | 140286 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 489262 | Total |
| Management And General | 202272 | ManagementAndGeneral |
| Fundraising | 286990 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 269669 | Total |
| Management And General | 113261 | ManagementAndGeneral |
| Fundraising | 156408 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 133612 | Total |
| Management And General | 133612 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 57219 | Total |
| Management And General | 57219 | ManagementAndGeneral |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5240 | Total |
| Fundraising | 5240 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 217826 | Total |
| Management And General | 217826 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1492528 | Total |
| Program Services | 1427813 | ProgramServices |
| Management And General | 64715 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 114335 | Total |
| Fundraising | 114335 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1093949 | Total |
| Program Services | 876292 | ProgramServices |
| Management And General | 111990 | ManagementAndGeneral |
| Fundraising | 105667 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 255983 | Total |
| Management And General | 229429 | ManagementAndGeneral |
| Fundraising | 26554 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 157870 | Total |
| Management And General | 137325 | ManagementAndGeneral |
| Fundraising | 20545 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 674683 | Total |
| Program Services | 617352 | ProgramServices |
| Management And General | 12573 | ManagementAndGeneral |
| Fundraising | 44758 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 23404 | Total |
| Management And General | 6198 | ManagementAndGeneral |
| Fundraising | 17206 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 31440 | Total |
| Program Services | 31440 | ProgramServices |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3493962 | Total |
| Program Services | 3493962 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 80563 | Total |
| Management And General | 80563 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 177723 | Total |
| Management And General | 177723 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | FundraisingFundraising | Management And GeneralManagementAndGeneral |
|---|---|---|---|---|
| OFFICIAL UNIV. FUNCTION | 1237709 | 1237709 | ||
| UNIVERSITY SUPPORT | 612504 | 612504 | ||
| DEVELOPMENT/PROMOTION | 221626 | 221626 | ||
| DUES AND SUBSCRIPTIONS | 78940 | 23206 | 55734 | |
| MISCELLANEOUS | 16992 | 16992 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 51219773 | Total |
| Program Services | 43650120 | ProgramServices |
| Management And General | 3578235 | ManagementAndGeneral |
| Fundraising | 3991418 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 26071309 | BOY |
| EOY | 18483726 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 32015495 | BOY |
| EOY | 27236145 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 95017 | BOY |
| EOY | 103628 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 52937 | BOY |
| EOY | 33934 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 245549 | BOY |
| EOY | 125272 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 6989424 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 1446006 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5636275 | BOY |
| EOY | 5543418 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 265325218 | BOY |
| EOY | 300243173 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 85963279 | BOY |
| EOY | 90982292 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 21242843 | BOY |
| EOY | 21145886 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 436647922 | BOY |
| EOY | 463897474 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3265836 | BOY |
| EOY | 2620286 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5038730 | BOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8155000 | BOY |
| EOY | 7525000 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 2394367 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 79807785 | BOY |
| EOY | 91506440 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 96267351 | BOY |
| EOY | 104046093 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 30037969 | BOY |
| EOY | 28830630 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 121322553 | BOY |
| EOY | 138160732 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 189020049 | BOY |
| EOY | 192860019 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 340380571 | BOY |
| EOY | 359851381 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 436647922 | BOY |
| EOY | 463897474 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| College Support Org170b1 Aiv | X | CollegeSupportOrg170b1Aiv |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 28400031 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 59688977 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 44566521 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 20137203 | CurrentTaxYearMinus1Year |
| Current Tax Year | 32547466 | CurrentTaxYear |
| Total | 185340198 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 28400031 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 59688977 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 44566521 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 20137203 | CurrentTaxYearMinus1Year |
| Current Tax Year | 32547466 | CurrentTaxYear |
| Total | 185340198 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 1163855 | AmountsSubstContributorsTotal |
| Public Support Total170 | 184176343 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 23340698 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 15895318 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 20123225 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 9312054 | CurrentTaxYearMinus1Year |
| Current Tax Year | 5255943 | CurrentTaxYear |
| Total | 73927238 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 259267436 | TotalSupport |
| Gross Receipts From Admissions Etc | 1474923 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.71040 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.66370 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
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 Grassroots Lobbying TotalGrassrootsLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 0 | FilingOrganizationsTotals |
Total Direct Lobbying TotalDirectLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 0 | FilingOrganizationsTotals |
Total Lobbying Expenditures TotalLobbyingExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 0 | FilingOrganizationsTotals |
Total Exempt Purpose Expenditures TotalExemptPurposeExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 0 | FilingOrganizationsTotals |
Lobbying Nontaxable LobbyingNontaxableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 0 | FilingOrganizationsTotals |
Grassroots Nontaxable GrassrootsNontaxableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 0 | FilingOrganizationsTotals |
Lobbying Nontaxable Amount2 LobbyingNontaxableAmount2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | 1000000 | CurrentYearMinus3 |
| Current Year Minus2 | 1000000 | CurrentYearMinus2 |
| Current Year Minus1 | 1000000 | CurrentYearMinus1 |
| Total | 3000000 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $4,500,000 | LobbyingCeilingAmount |
Total Lobbying Expenditures2 TotalLobbyingExpenditures2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | 181330 | CurrentYearMinus3 |
| Current Year Minus2 | 184147 | CurrentYearMinus2 |
| Current Year Minus1 | 147083 | CurrentYearMinus1 |
| Total | 512560 | Total |
Grassroots Nontaxable Amount2 GrassrootsNontaxableAmount2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | 250000 | CurrentYearMinus3 |
| Current Year Minus2 | 250000 | CurrentYearMinus2 |
| Current Year Minus1 | 250000 | CurrentYearMinus1 |
| Total | 750000 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $1,125,000 | GrassrootsCeilingAmount |
Schedule D IRS990ScheduleD
Art Public Exhibition Amts ArtPublicExhibitionAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | 10548 | RevenuesIncluded |
| Assets In Part X | 4698638 | AssetsInPartX |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Collect Used For Scholar Research | X | CollectUsedForScholarResearch |
| Collect Used For Preservation | X | CollectUsedForPreservation |
| Collect Used For Loan Or Exch Prgrms | X | CollectUsedForLoanOrExchPrgrms |
Collection Used For Other CollectionUsedForOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used For Other Purposes | X | CollectionUsedForOtherPurposes |
| Description Of Other Purposes | COMMUNITY EDUCATIONAL PROGR | DescriptionOfOtherPurposes |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Solicited Assets For Sale | 1 | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 202776443 | BeginningOfYearBalance |
| Contributions | 5975663 | Contributions |
| Investment Earnings Or Losses | 38723691 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 13907218 | GrantsOrScholarships |
| End Of Year Balance | 233568579 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 271762671 | BeginningOfYearBalance |
| Contributions | 2736124 | Contributions |
| Investment Earnings Or Losses | -59414992 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 12307360 | GrantsOrScholarships |
| End Of Year Balance | 202776443 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.17000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.83000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.00000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 514362 | OtherCostOrOtherBasis |
| Book Value | 514362 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1470339 | OtherCostOrOtherBasis |
| Depreciation | 1416244 | Depreciation |
| Book Value | 54095 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 5004723 | OtherCostOrOtherBasis |
| Depreciation | 29762 | Depreciation |
| Book Value | 4974961 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 5543418 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (6 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| CERTIFICATE OF DEPOSIT | 395000 | F |
| SHORT TERM INVESTMENT FUND | 1700062 | F |
| COMMINGLED FUNDS | 18045025 | F |
| PRIVATE EQUITY | 13293618 | F |
| HEDGED FUNDS | 57435714 | F |
| POOLED INCOME FUND | 112873 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 90982292 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| FUNDS MANAGED FOR OTHER ENTITIES | $91,115,828 |
| OTHER CURRENT LIABILITIES | $131,988 |
| COMPENSATED ABSENCES PAYABLE | $258,624 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 91506440 | TotalOfAmounts |
| Total Revenue | 37834282 | TotalRevenue |
| Total Expenses | 51219773 | TotalExpenses |
| Excess Or Deficit For Year | -13385491 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 32856301 | NetUnrealizedGLOnInvestments |
| Total Adjustments | 32856301 | TotalAdjustments |
| Excess Or Deficit Per FS | 19470810 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 74042192 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 32856301 | NetUnrealizedGainsInvestments |
| Other Revenues | 3351609 | OtherRevenues |
| Revenue Not Rptd F990 | 36207910 | RevenueNotRptdF990 |
| Revenue Subtotal | 37834282 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 37834282 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 54571382 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 3351609 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 3351609 | ExpensesNotRptdF990 |
| Expenses Subtotal | 51219773 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 51219773 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (6 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| 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. | Description of Intended Use of Endowment Funds: |
| Part X: | 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 FEDERAL, STATE, OR LOCAL TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE JUNE 30, 2007. | Description of Uncertain Tax Positions Under FIN 48: |
| Part XII, Line 2d - Other Adjustments: | SERVICE FEES: 3351609. | |
| Part XIII, Line 2d - Other Adjustments: | SERVICE FEES: 3351609. | |
| IN JUNE 2006, THE FASB ISSUED FASB INTERPRETATION NO. 48, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ("FIN 48"), AN INTERPRETATION OF FASB STATEMENT NO. 109. FIN 48 CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ORGANIZATION'S FINANCIAL STATEMENTS IN ACCORDANCE WITH SFAS NO. 109, ACCOUNTING FOR INCOME TAXES ("SFAS 109"). FIN 48 CLARIFIES THE APPLICATION OF SFAS 109 BY DEFINING A CRITERION THAT AN INDIVIDUAL TAX POSITION MUST MEET FOR ANY PART OF THE BENEFIT OF THAT POSITION TO BE RECOGNIZED IN AN ORGANIZATION'S FINANCIAL STATEMENTS. ADDITIONALLY, FIN 48 PROVIDES GUIDANCE ON MEASUREMENT, DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE, AND TRANSITION. THE AMOUNT RECOGNIZED IS SUBJECT TO ESTIMATE AND MANAGEMENT JUDGEMENT WITH RESPECT TO THE LIKELY OUTCOME OF EACH UNCERTAIN TAX POSITION. THE AMOUNT THAT IS ULTIMATELY SUSTAINED FOR AN INDIVIDUAL UNCERTAIN TAX POSITION OR FOR ALL UNCERTAIN TAX POSITIONS IN THE AGGREGATE COULD DIFFER FROM THE AMOUNT RECOGNIZED. MANAGEMENT HAS COMPLETED ITS EVALUATION OF THE IMPACT OF THIS STANDARD, AND THE FOUNDATION IS UNAWARE OF ANY TAX POSITIONS THAT WOULD REQUIRE DISCLOSURE. |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable (8 entries)
| RegionRegion | Type Of Activities ConductedTypeOfActivitiesConducted | Total ExpendituresTotalExpenditures |
|---|---|---|
| EAST ASIA AND THE PACIFIC | FUNDRAISING | |
| EUROPE | FUNDRAISING | |
| MIDDLE EAST AND NORTH AFRICA | FUNDRAISING | |
| NORTH AMERICA | FUNDRAISING | |
| NoRTH AMERICA | INVESTMENTS | 555302 |
| CENTRAL AMERICA | INVESTMENTS | 61290104 |
| EAST ASIA AND THE PACIFIC | INVESTMENTS | 748965 |
| EUROPE | INVESTMENTS | 264834 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Total Number Of Employees | 0 | TotalNumberOfEmployees |
| Total Amount Spent | 62859205 | TotalAmountSpent |
Form990 Schedule F Part IV Form990ScheduleFPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Schedule F, Part IV | Identifier |
| Return Reference | Other Information | ReturnReference |
| 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 REGIONS: 1) EAST ASIA AND THE PACIFIC - $2,500 2) EUROPE - $11,500 3) MIDDLE EAST AND NORTH AFRICA - $1,110 4) NORTH AMERICA (NOT INCLUDING UNITED STATES) - $1,725 | Explanation |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | SDMI NATIONAL EVACUATION CONFERENCE | NameOfEvent1 |
| Gross Receipts Event1 | 89871 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 0 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 89871 | GrossRevenueEvent1 |
| Rent Facility Costs Event1 | 67763 | RentFacilityCostsEvent1 |
| Other Direct Expenses Event1 | 34138 | OtherDirectExpensesEvent1 |
| Name Of Event2 | LSU CHANCELLOR'S DUCK HUNT | NameOfEvent2 |
| Gross Receipts Event2 | 65000 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 63950 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 1050 | GrossRevenueEvent2 |
| Rent Facility Costs Event2 | 6750 | RentFacilityCostsEvent2 |
| Other Direct Expenses Event2 | 3351 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 22 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 420476 | GrossReceiptsOtherEvents |
| Charitable Contrib Other Events | 183535 | CharitableContribOtherEvents |
| Gross Revenue Other Events | 236941 | GrossRevenueOtherEvents |
| Non Cash Prizes Other Events | 28967 | NonCashPrizesOtherEvents |
| Rent Facility Costs Other Events | 80282 | RentFacilityCostsOtherEvents |
| Other Direct Expenses Other Events | 153150 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 575347 | GrossReceiptsTotal |
| Charitable Contributions Total | 247485 | CharitableContributionsTotal |
| Gross Revenue Total Events | 327862 | GrossRevenueTotalEvents |
| Non Cash Prizes Total Events | 28967 | NonCashPrizesTotalEvents |
| Rent Facility Costs Total Events | 154795 | RentFacilityCostsTotalEvents |
| Other Direct Expenses Total Events | 190639 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 374401 | DirectExpenseSummaryEvents |
| Net Income Summary | -46539 | 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 | LOUISIANA STATE UNIVERSITY | BusinessNameLine1 |
Address US AddressUS
| 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) |
|---|---|---|
| EIN Of Recipient | 726000848 | EINOfRecipient |
| IRC Section | 501(C)(3) | IRCSection |
| Amount Of Cash Grant | 35353048 | AmountOfCashGrant |
| Purpose Of Grant | UNIVERSITY ACADEMIC AND RESEARCH SUPPORT, INCLUDING SCHOLARSHIPS, GRADUATE FELLOWSHIPS AND FACULTY CHAIRS AND PROFESSORSHIPS. | PurposeOfGrant |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 1 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 0 | TotalNbrOfOtherOrganizations |
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: 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. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (4 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| William G BOWDON | |||||||||||||
| 319266 | 0 | 0 | 0 | 14724 | 0 | 17150 | 0 | 3305 | 0 | 354445 | 0 | 0 | 0 |
| GINA M DUGAS | |||||||||||||
| 160508 | 0 | 0 | 0 | 7714 | 0 | 11929 | 0 | 5573 | 0 | 185724 | 0 | 0 | 0 |
| JEFFERY L MCLAIN | |||||||||||||
| 181445 | 0 | 0 | 0 | 8177 | 0 | 13795 | 0 | 13989 | 0 | 217406 | 0 | 0 | 0 |
| GEORGE T MOSS | |||||||||||||
| 126236 | 0 | 0 | 0 | 7835 | 0 | 9643 | 0 | 8119 | 0 | 151833 | 0 | 0 | 0 |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LOUISIANA PUBLIC FACILITIES AUTHORITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 720895871 | IssuerEIN |
| CUSIP Number | 546398FJ2 | CUSIPNumber |
| Date Issued | 2003-04-30 | DateIssued |
| Issue Price | 31555000 | IssuePrice |
| Description Of Purpose | SEE SCHEDULE O | DescriptionOfPurpose |
| Defeased | 0 | Defeased |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Proceeds | 12725000 | TotalProceeds |
| Amount Unspent | 2203477 | AmountUnspent |
| Issuance Costs From Proceeds | 220000 | IssuanceCostsFromProceeds |
| Capital Expenditures | 10301523 | CapitalExpenditures |
| Year Of Subst Completion | 2004 | YearOfSubstCompletion |
| Current Refunding | 0 | CurrentRefunding |
| Advance Refunding | 0 | AdvanceRefunding |
| Final Allocation Made | 1 | FinalAllocationMade |
| Adequate Books And Recds Maintaind | 1 | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Owning Bond Financed Property | 0 | OwningBondFinancedProperty |
| Any Lease Arrangements | 0 | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | 0 | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | 0 | AnyResearchAgreements |
| Bond Counsel Routinely Engaged | 0 | BondCounselRoutinelyEngaged |
| Prcntge Prvt Business Use By Others | 0.00000 | PrcntgePrvtBusinessUseByOthers |
| Percentage Of Prvt Business Re UBI | 0.00000 | PercentageOfPrvtBusinessReUBI |
| Total Private Business Use | 0.00000 | TotalPrivateBusinessUse |
| Post Issuance Compliance Procdrs | 1 | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | 0 | Form8038TFiled |
| Variable Rate Issue | 1 | VariableRateIssue |
| Hedge Identified In Books And Recds | 0 | HedgeIdentifiedInBooksAndRecds |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | 1 | GrossProceedsInvested |
| Exception To Rebate | 0 | ExceptionToRebate |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | ROBERT M STUART JR | NamePerson |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | BOARD MEMBER | Relationship |
| Amount Of Transaction | 2700000 | AmountOfTransaction |
| 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, 2010, 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 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 $95,000 IN INTEREST TO CAPITAL ONE BANK DURING THE FISCAL YEAR ENDED JUNE 30, 2010. | DescriptionOfTransaction |
| Sharing Of Revenues | 0 | SharingOfRevenues |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 8500 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | OPINION OF EXPERTS | MethodOfDeterminingRevenues |
Books And Publications BooksAndPublications
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Noncash Contribs Rptd F990 | 1548 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | OPINION OF EXPERTS | MethodOfDeterminingRevenues |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 50 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 1741370 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | MARKET PRICE | MethodOfDeterminingRevenues |
Real Estate Residential RealEstateResidential
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 222000 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | OPINION OF EXPERTS | MethodOfDeterminingRevenues |
Scientific Specimens ScientificSpecimens
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 68 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 125550 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | OPINION OF EXPERTS | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Description | OIL & GAS INTEREST | Description |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 4504 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | MARKET PRICE | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 0 | NumberOf8283Received |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 1 | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Third Party Use: | Identifier |
| Return Reference | Part I, Line 32b: | ReturnReference |
| 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 | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (16 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| Form 990, Part VI, Section A, line 2 | Charles A. Landry & Robert Daigle each own greater than 10% of Traditional Neighbor Consulting, LLC. | |
| Form 990, Part VI, Section A, line 2 | ROBERT M. STUART, JR. AND WILLIAM B. OWENS ARE BOTH BOARD MEMBERS OF LSU FOUNDATION. ROBERT M. STUART, JR. IS THE LOUISIANA PRESIDENT OF CAPITAL ONE BANK, AND WILLIAM B. OWENS IS THE PRESIDENT OF ALEXANDRIA LA CITY BOARD OF CAPITAL ONE BANK. | |
| Form 990, Part VI, Section A, line 4 | THE FOUNDATION AMENDED THE FOLLOWING BYLAWS DURING THE TAX YEAR ENDED JUNE 30, 2010: (1) ARTICLE II PURPOSES AND FUNCTIONS, SECTION 2., POWER AND AUTHORITY: "THE CORPORATION SHALL HAVE THE CAPACITY TO ACT THROUGH ITS BOARD OF DIRECTORS AND, EXCEPT TO THE EXTENT INCONSISTENT WITH THE CORPORATION'S ARTICLES OF INCORPORATIOIN, THESE BYLAWS OR APPLICABLE LAW, SHALL ENJOY ALL RIGHTS AND PRIVILEGES POSSESSED BY NATURAL PERSONS AND THE AUGHORITY TO PERFORM THOSE ACTS WHICH ARE NECESSARY OR PROPER TO ACCOMPLISH THE OBJECTS AND PURPOSES OF THE CORPORATION AS EXPRESSED OR IMPLIED IN THE CORPORATION'S ARTICLES OF INCORPORATION ("ARTICLES") OR THAT MAY BE INCIDENTAL THERETO, AND ALL SUCH ACTS MAY BE PERFORMED BY THE CORPORATION THAT ARE NOT IN VIOLATION OF THE ARTICLES OR THESE BYLAWS" (2) ARTICLE V MEETING OF THE MEMBERSHIP, SECTION 1., ANNUAL MEETING: "A GENERAL MEETING OF THE MEMBERSHIP MAY BE HELD ANNUALLY AT THE DOMICILE OF THE CORPORATION DURING THE LAST QUARTER OF EACH CALENDAR YEAR ("ANNUAL MEETING")." (3) ARTICLE VI BOARD OF DIRECTORS, SECTION 3., ANNUAL MEETING: "aNNUALLY A SLATE OF AT LEAST FOUR (4) NOMINEES SHALL BE PRESENTED BY THE NOMINATING COMMITTEE TO THE BOARD FOR ELECTION TO THE BOARD FOR A TEMR OF FOUR (4) YEARS." (5) ARTICLE VI BOARD OF DIRECTORS, SECTION 5., EXPANSION OF BOARD: "UPON THE EXPANSION OF THE NUMBER OF ELECTED DIRECTORS, SUCH NEW MEMBERS SHALL BE ELECTED BY THE BOARD FOR THEIR INITIAL FOUR (4) YEAR TERM." (6) ARTICLE VII MEETINGS OF THE BOARD OF DIRECTORS, SECTION 4., ANNUAL MEETING: "AN ANNUAL MEETING OF THE BOARD MAY BE HELD IN THE LAST QUARTER OF EACH CALENDAR YEAR." (7) ARTICLE IX MEETING OF THE MEMBERS: "A GENERAL MEETING OF THE MEMBERS OF THE CORPORATION MAY BE HELD AT THE DOMICILE OF THE CORPORATION DURING THE LAST QUARTER OF EACH CALENDAR, WHICH SAID MEETING IS SOMETIMES HEREINAFTER REFERRED TO AS THE ANNUAL MEETING." (8) ARTICLE XI OFFICERS: "THE OFFICERS OF THIS CORPORATION SHALL BE A CHAIRMAN OF THE BOARD, CHAIRMAN-ELECT OF THE BOARD, A PRESIDENT AND CHIEF EXECUTIVE OFFICER, A CORPORATE SECRETARY, A CHIEF FINANCIAL OFFICER, A VICE PRESIDENT FOR DEVELOPMENT AND A CHIEF INVESTMENT OFFICER AND SUCH OTHER OFFICERS AS THE BOARD OF DIRECTORS MAY IN ITS DISCRETION DETERMINE TO BE REQUIRED, OR AS PROVIDED IN THE BYLAWS, WHO SHALL BE ELECTED ANNUALLY BY THE BOARD OF DIRECTORS AS SOON AS PRACTICABLE AT ITS ANNUAL MEETING." (9) AUDIT COMMITTEE CHARTER, SECTION III, MEETINGS OF AUDIT COMMITTEE: ADDITION "AT LEAST ANNUALLY, THE AUDIT COMMITTEE WILL MEET IN EXECUTIVE SESSION ON AN INDIVIDUAL BASIS WITH THE PRESIDENT/CEO AND CFO, RESPECTIVELY." (10) AUDIT COMMITTEE CHARTER, SECTION IV, POWERS OF THE AUDIT COMMITTEE, SUBSECTION B, OTHER POWERS: ADDITION "REVIEW ANNUALLY WITH MANAGEMENT THE POLICIES, PROCEDURES AND CURRENT PRACTICES RELATED TO TRAVEL AND ENTERTAINMENT EXPENSES WITH RESPECT TO OFFICERS, KEY EMPLOYEES (PRESIDENT/CEO, CFO) AND OTHER DISQUALIFIED PERSONS AS DEFINED UNDER INTERNAL REVENUE CODE SECTION 4958, INCLUDING ANY EXCESS BENEFIT TRANSACTIONS." (11) ARTICLE XII LIABILITY OF DIRECTORS AND OFFICERS: "LSU FOUNDATION SHALL INDEMNIFY ANY PERSON WHO WAS OR IS A PARTY OR IS THREATENED TO BE MADE A PARTY TO ANY ACTION, SUIT OR OTHER PROCEEDING (WHETHER CIVIL, CRIMINAL, ADMINISTRATIVE OR INVESTIGATIVE, INCLUDING ANY ACTION BY OR IN THE RIGHT OF THE CORPORATION) BY REASON OF THE FACT THAT SUCH PERSON IS OR WAS A DIRECTOR, OFFICER, EMPLOYEE, OR AGENT OF THE CORPORATION OR IS OR WAS SERVING AT THE REQUEST OF THE CORPORATION AS A DIRECTOR, OFFICER, EMPLOYEE OR AGENT OF ANOTHER BUSINESS, FOREIGN OR NON-PROFIT CORPORATION, LIMITED LIABILITY COMPANY, PARTNERSHIP, JOINT VENTURE OR OTHER ENTERPRISE, AGAINST EXPENSES (INCLUDING ATTORNEY'S FEES), JUDGMENTS, FINES AND AMOUNTS PAID IN SETTLEMENT ACTUALLY AND REASONABLY INCURRED IN CONNECTION WITH SUCH ACTION, SUIT OR PROCEEDING UPON A DETERMINATION, AS SET FORTH BELOW, THAT THE APPLICABLE STANDARD, AS DEFINED BELOW, HAS BEEN MET. THIS INDEMNIFICATION SHALL COVER AND INCLUDE EXPENSES (INCLUDING ATTORNEY'S FEES AND AMOUNTS PAID IN SETTLEMENT, NOT EXCEEDING IN THE JUDGMENT OF THE BOARD OF DIRECTORS, THE ESTIMATED EXPENSES OF LITIGATING." | |
| 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 members of the 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 by the Legal OFFICE to the disclosures provided by Board Members and Officers and reviewed by THE Legal OFFICE to determine if any potential conflicts of interest exist. Legal counsel shall address any concerns brought to him by the legal office 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 XI Question 2C | THE LSU FOUNDATION HAS AN AUDIT COMMITTEE OF THE BOARD OF DIRECTORS WHICH IS RESPONSIBLE FOR THE OVERSIGHT OF THE EXTERNAL INDEPENDENT AUDIT, AS WELL AS THE SELECTION OF THE AUDITORS. | |
| Schedule K Supplental Information | THE FOUNDATION WAS ONE OF SEVERAL PARTICIPANTS BORROWING THE PROCEEDS OF TAX-EXEMPT REVENUE BONDS TOTALING $31,555,000 ISSUED BY THE LOUISIANA PUBLIC FACILITIES AUTHORITY IN 2003. THE FOUNDATION'S PORTION TOTALED $12,725,000. | |
| 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 TOTALED $12,725,000. | DESCRIPTION OF PURPOSE |
| SCHEDULE K, PART II, LINE 4 | IN 2007, THE FOUNDATION REPAID UNSPENT FUNDS PLUS EARNINGS ON THOSE FUNDS OF $2,531,958.42. | OTHER UNSPENT PROCEEDS |
| 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. | ARBITRAGE EXPLANATION |
| 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. | PROCEEDS INVESTED BEYOND TEMPORARY PERIOD |
| Form 990 Part V Question 4b | THE LSU FOUNDATION DID NOT FILE FORM TD F 90-22.1 FOR CALENDAR YEAR 2009. ACCORDING TO IRS NOTICE 2010-23, THE FINANCIAL INTEREST IN A FOREIGN HEDGE FUND OR PRIVATE EQUITY FUND WAS INCLUDED IN THE ADMINISTRATIVE RELIEF PROVIDED, AND THEREFORE THE FOUNDATION WAS NOT REQUIRED TO FILE SUCH FORMS. | Form td f 90-22.1 |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Direct Controlling Entity NADirectControllingEntityNA |
|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| 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 | 1 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| 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 | 1 | SharingOfFacilities |
| Sharing Of Paid Employees | 1 | 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 (4 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved |
|---|---|
| LSU PROPERTY FOUNDATION | |
| B | 3493962 |
| LSU PROPERTY FOUNDATION & LSU MARINE PROPERTY FOUNDATION | |
| M | |
| LSU PROPERTY FOUNDATION & LSU MARINE PROPERTY FOUNDATION | |
| N | |
| LSU PROPERTY FOUNDATION | |
| D | |
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