2011-05-10T10:28:42-05:00 2010-12-31 LAPORTE SEHRT ROMIG & HAND 111 VETERANS MEMORIAL BLVD SUITE 60 METAIRIE LA 700054958 990 2010-01-01 721004960 TIGER ATHLETIC FOUNDATION TIGE 2255784823 PO BOX 711 BATON ROUGE LA 708210711 FRANK MILLER 2255784823 2011-05-09 1 BRUCE S PRENDERGAST MS CPA 5048355522 2010 2016-03-07 17:11:31Z FRANK MILLER PMAC - NORTH STADIUM DRIVE BATON ROUGE LA 70803 35826110 0 X WWW.LSUTAF.ORG X 1983 LA TO SUPPORT LOUISIANA STATE UNIVERSITY AND ITS ATHLETIC AND EDUCATION PROGRAMS. 39 39 40 40 0 0 32461548 28351262 0 0 655946 548023 6269195 6724823 39386689 35624108 13005981 6761842 0 0 2481483 2385563 0 0 1016132 13994682 11943577 29482146 21090982 9904543 14533126 261561088 265398482 195171623 184911044 66389465 80487438 TO SUPPORT LOUISIANA STATE UNIVERSITY AND ITS ATHLETIC PROGRAMS 0 0 8252758 6592580 TIGER ATHLETIC FOUNDATION (TAF) ASSISTS THE LOUISIANA STATE UNIVERSITY AND AGRICULTURAL AND MECHANICAL COLLEGE (LSU) ATHLETIC PROGRAMS. TAF HELPED TO DEFRAY THE COST OF MORE THAN 450 STUDENT ATHLETES, TO MAINTAIN AND IMPROVE ATHLETIC FACILITIES, AND TO RETIRE PRESENT INDEBTEDNESS. 9342156 TIGER ATHLETIC FOUNDATION OVERSEES THE MANAGEMENT OF THE TIGER DEN SUITES, STADIUM CLUB, AND ALEX BOX SUITES FOR LOUISIANA STATE UNIVERSITY AND AGRICULTURAL AND MECHANICAL COLLEGE. 332863 169262 TIGER ATHLEIC FOUNDATION (TAF) SUPPORTS LOUISIANA STATE UNIVERSTIY AGRICULTURAL AND MECHINACAL COLLEGE (LSU). 17927777 1 1 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 0 1 1 0 0 0 0 0 1 0 1 0 0 1 0 0 0 0 1 0 0 1 0 1 22 0 1 40 1 0 0 0 0 0 1 1 1 1 0 0 0 X 39 39 0 1 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 LA X X X FRANK R MILLER 2255784823 PMAC - NORTH STADIUM DRIVE BATON ROUGE LA 70803 ER BO CAMPBELL 2.00 X X 0 0 0 E ROBERT BOBBY THERIOT 2.00 X X 0 0 0 ROBERT L HOLLIER 2.00 X 0 0 0 HF HANK ANDERSON 2.00 X 0 0 0 DR BRENT BOUDREAUX 2.00 X 0 0 0 WILLIAM W BILLY RUCKS IV 2.00 X X 0 0 0 MICHAEL A WORLEY 2.00 X 0 0 0 JOHN P STAGG 2.00 X 0 0 0 MARKHAM R MCKNIGHT 2.00 X X 0 0 0 AL ADAMS 2.00 X 0 0 0 GUY CAMPBELL III 2.00 X 0 0 0 WILLIAM T DROST 2.00 X 0 0 0 G PERRY EASTMAN III 2.00 X 0 0 0 EDDIE FULLER 2.00 X 0 0 0 DR ERIC GEIST 2.00 X 0 0 0 R CHRIS JORDAN 2.00 X 0 0 0 DR NICK LANDRY 2.00 X 0 0 0 CLIF LANE 2.00 X 0 0 0 ROY O MARTIN III 2.00 X 0 0 0 CHRIS MICIOTTO 2.00 X 0 0 0 CHICO MOORE 2.00 X 0 0 0 TYRON D PICARD 2.00 X 0 0 0 STACEY PARETTI RASE 2.00 X 0 0 0 J T TOMMY SPINOSA 2.00 X 0 0 0 COLLIS B TEMPLE III 2.00 X 0 0 0 JACQUI D VINES 2.00 X 0 0 0 CLAUD B WALKER 2.00 X 0 0 0 JAMES MAURIN 2.00 X X 0 0 0 JERRY D DUMAS 2.00 X 0 0 0 G ARCHER FIERSON II 2.00 X 0 0 0 SCOTTY MORAN 2.00 X 0 0 0 JAKE NETTERVILLE 2.00 X 0 0 0 GORDON L RUSH III 2.00 X 0 0 0 EUILIS SMIEN JR 2.00 X 0 0 0 ROBERT M STUART 2.00 X 0 0 0 CRAIG WEBB 2.00 X 0 0 0 CHARLES S WEEMS III 2.00 X 0 0 0 BRIAN H WOODARD 2.00 X 0 0 0 RICHARD E ZUSCHLAG 2.00 X 0 0 0 RONALD G RICHARD 40.00 X 300669 0 48090 FRANK R MILLER 40.00 X 151056 0 40277 RICHARD B PERRY 40.00 X 149945 0 42008 601670 0 130375 3 0 1 0 LANDSCAPES UNLIMITED LLC 1201 ARIES DR LINCOLN NE 68512 CONSTRUCTION 1945143 SYNERGY SEATING SOLUTIONS 3445 N CAUSEWAY BLVD METAIRIE LA 70002 CONSTRUCTION 1196393 BUQUET & LEBLANC PO BOX 549 BATON ROUGE LA 70821 CONSTRUCTION 1120543 DRAKES CATERING LLC 320 3RD STREET SUITE 201 BATON ROUGE LA 70801 CATERING 1021887 THE INSURANCE CENTER P O DRAWER 228 BILOXI MS 39533 INSURANCE 539638 5 28351262 28351262 548023 548023 6696857 6696857 6696857 4500000 2196857 229813 202002 27811 27811 MISCELLANEOUS 900099 155 155 155 35624108 4500155 0 2772691 6761842 6761842 601670 601670 1293391 926843 366548 116514 86603 29911 253621 209187 44434 120367 90461 29906 250000 250000 174804 174804 135236 135236 56251 14293 41958 76839 55931 20908 130440 106425 24015 195699 26500 154612 14587 353811 126753 227058 1939192 1939192 2908176 2908176 379201 272029 104986 2186 LINE OF CREDIT/REMARKET 2897622 2897622 CATERING AND OTHER 1288510 1288510 COACHES SUPPLEMENT 512000 512000 REPAIRS 344189 325330 18859 BANK CHARGES 266969 266969 34638 557479 -737462 214621 21090982 17927777 2147073 1016132 500 800 50301626 65268550 15924583 11611761 2361289 1902737 149770 169770 48405195 39355112 1068685 916855 154219995 16364066 138301457 137855929 5047983 8316968 261561088 265398482 489572 300427 57515297 48891483 127110000 123775000 10056754 11944134 195171623 184911044 X 39880543 50443844 19781975 21777410 6726947 8266184 66389465 80487438 261561088 265398482 X 14533126 -435153 X X 0 1 1 X 0 X 22151171 26305307 28243588 32461548 28351262 137512876 22151171 26305307 28243588 32461548 28351262 137512876 806247 136706629 7630002 7699186 7704812 6951561 7244880 37230441 27000 480797 116516 27296 155 651764 175395081 1331474 0.77940 0.77280 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6726947 1539237 346376 11202 8601358 4715708 704943 1306296 6726947 5168456 853548 -1306296 4715708 1.00000 0 0 3090000 3090000 133802213 16364066 117438147 4368758 4368758 12831897 12831897 127127 127127 137855929 AMOUNTS HELD IN CUSTODY FOR OTHERS 7836526 INTEREST RATE SWAP VALUATION 4094034 CHARITABLE GIFT ANNUITY LIABILITY 13574 11944134 35624108 21090982 14533126 -435153 -435153 14097973 36014330 188220 202002 390222 35624108 0 35624108 21292983 202002 202002 21090981 0 21090981 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE ENDOWMENT FUNDS ARE USED TO FUND ATHLETIC SCHOLARSHIPS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: FOR THE YEAR ENDED DECEMBER 31, 2009, THE FOUNDATION ADOPTED THE PROVISIONS OF THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES TOPIC OF THE FASB ASC (FIN 48). THE IMPLEMENTATION OF FIN 48 HAD NO IMPACT ON THE ENTITY'S STATEMENT OF FINANCIAL POSITION OR STATEMENT OF ACTIVITIES. ALL TAX RETURNS HAVE BEEN APPROPRIATELY FILED BY THE FOUNDATION. THE FOUNDATION RECOGNIZES INTEREST AND PENALTIES, IF ANY, RELATED TO UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE. THE FOUNDATION'S TAX FILINGS ARE SUBJECT TO AUDIT BY VARIOUS TAXING AUTHORITIES. THE FOUNDATION'S OPEN AUDIT PERIODS ARE 2007 THROUGH 2010. MANAGEMENT EVALUATED THE FOUNDATION'S TAX POSITIONS AND CONCLUDED THAT THE FOUNDATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. PART XI, LINE 8 - OTHER ADJUSTMENTS: CHANGE IN FAIR VALUE OF INTEREST RATE SWAP AGREEMENT: AMOUNT $ -623,373 FAIR VALUE ADJUSTMENT - ENDOWMENTS: AMOUNT $188,220 PART XII, LINE 2D - OTHER ADJUSTMENTS: PART XII, LINE 2D: AMOUNT $202,002 SPECIAL EVENTS EXPENSES - RECORDED NET ON TAX RETURN WITH SPECIAL EVENTS INCOME. PART XIII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSES - RECORDED NET ON TAX RETURN WITH SPECIAL EVENTS INCOME. AMOUNT: $202,002. TIGER TOUR 99940 99940 101664 GOLF TOURNAMENT 76720 76720 34271 1 53153 53153 66067 229813 229813 202002 202002 27811 1 LOUISIANA STATE UNIVERSITY 110 THOMAS BOYD HALL BATON ROUGE LA 70803 726000848 GOVERNMENTAL ENTITY 6592580 CASH TO SUPPORT LOUISIANA STATE UNIVERSITY'S ATHLETIC PROGRAMS 1 OTHER INFORMATION: PART IV: TIGER ATHLETIC FOUNDATION ("TAF") IS A PRIVATE, NONPROFIT CORPORATION DEDICATED TO SUPPORTING LOUISIANA STATE UNIVERSITY ("LSU") AND ITS ATHLETIC PROGRAMS. AS REFLECTED IN SCHEDULE I PART II COLUMN D, TAF CONTINUES TO PLAY AN INTEGRAL ROLE IN SUSTAINING THAT OUTSTANDING LSU TRADITION. X X X X 1 1 X X X 0 0 0 0 0 0 0 0 0 RONALD G RICHARD 295416 0 0 0 5253 0 16665 0 31425 0 348759 0 0 0 FRANK R MILLER 150516 0 0 0 540 0 9152 0 31125 0 191333 0 0 0 RICHARD B PERRY 147374 0 0 0 2571 0 9120 0 32888 0 191953 0 0 0 PART I, LINE 1A THE ABOVE ITEMS WERE ALL RELATED TO TAF'S EXEMPT PURPOSE. IF ANY OF THE CHARTER TRAVEL, TRAVEL FOR COMPANIONS, DISCRETIONARY SPENDING, OR HEALTH CLUB DUES WERE PERSONAL IN NATURE THESE WERE MINIMAL IN AMOUNT AND INCIDENTAL TO THE EXEMPT PURPOSE AND THE AMOUNT WAS ADDED TO THAT INDIVUAL'S W-2. LA PUBLIC FACLILITIES AUTH 720895871 546398GW2 2004-03-31 90000000 ISSUED FOR THE PURPOSE OF FINANCING OR REIMBURSING A PORTION OF 0 0 0 90000000 1125809 88874191 2005 1 0 1 1 0 0 0 0 1 1 0 1 1 MORGAN STANLEY 31.400000000000 0 0 0 0 1 RONALD G RICHARD LOAN TO PURCHASE LIFE INSURANCE. TAF IS NOT A BENEFICIARY OR OWNER. X 169770 169770 0 1 1 169770 E R BO CAMPBELL FORMER PRESIDENT OF TAF BOARD AND ON THE BOARD OF CAPITAL ONE BANK, N. A. TAF HAS A LETTER OF CREDIT WITH CAPITAL ONE BANK, N. A. MR. CAMPBELL HAS NOT DRAWN COMPENSATION FROM TAF AND THE LOC BY CAPITAL ONE WAS APPROVED BY INDIVIDUALS OTHER THAN HIMSELF. 0 ROBERT STUART EMPLOYEE OF CAPITAL ONE BANK, N. A. AND A VOTING MEMBER OF TAF. TAF HAS A LETTER OF CREDIT WITH CAPITAL ONE BANK, N. A. MR. STUART HAS NOT DRAWN COMPENSATION FROM TAX AND THE LOC BY CAPITAL ONE WAS APPROVED BY INDIVIDUALS OTHER THAN HIMSELF. 0 X GOLD COINS 2 251132 SALE PROCEEDS 2 0 0 0 FORM 990, PART VI, SECTION A, LINE 3 TIGER ATHLETIC FOUNDATION CONTRACTS WITH DRAKES CATERING, LLC TO MANAGE AND OPERATE THE CONCESSIONS FOR THE ALEX BOX SUITES, STADIUM CLUB, AND TIGER DEN SUITES. THE CONTRACT FOR DRAKES CATERING WAS SUBMITTED UNDER A COMPETITIVE BID PROCESS, AND THE CONTRACT IS REVIEWED ANNUALLY BY THE BOARD. DRAKES CATERING IS AN UNRELATED ENTITY TO TIGER ATHLETIC FOUNDATION. FORM 990, PART VI, SECTION B, LINE 11 A COPY OF THIS FORM 990 WAS PROVIDED TO THE TAXPAYER BEFORE IT WAS FILED. THE AUDIT COMMITTEE, CFO & CONTROLLER REVIEWED THE 990 AND HAD THEIR TAX ATTORNEY REVIEW IT BEFORE IT WAS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE CFO REVIEWS THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS. TAF REQUIRES ALL EMPLOYEES AND TRUSTEES TO DISCLOSE ANY POTENTIAL PERSONAL OR BUSINESS ASSOCIATIONS WHICH COULD BE PERCEIVED AS A CONFLICT OF INTEREST. THROUGHOUT THE YEAR TRUSTEES ARE REMINDED TO DISCLOSE ANY NEW RELATIONSHIPS WHERE A CONFLICT OF INTEREST MAY BE PRESENT. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE AND COMPENSATION COMMITTEE MEET ANNUALLY TO REVIEW AND APPROVE ALL COMPENSATION ISSUES. THOSE WHOSE COMPENSATION IS BEING APPROVED RECUSE THEMSELVES FROM THE MEETING. THE REVIEW CONSISTS OF COMPARISONS TO OTHER ATHLETIC FOUNDATIONS, REVIEW OF ANNUAL COMPENSATION SURVEYS, AND A REVIEW OF OVERALL MARKET TRENDS IN THE NON PROFIT INDUSTRY. ALL COMPENSATION DECISIONS ARE CONTEMPORANEOUSLY DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 TIGER ATHLETIC FOUNDATION MAKES THEIR FINANCIAL STATEMENTS AVAILABLE ON THEIR OWN WEBSITE. REGARDING THEIR GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY, THESE ARE MADE AVAILABLE UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: CHANGE IN FAIR VALUE OF INTEREST RATE SWAP AGREEMENT: AMOUNT $ -623,373 -623,373. FAIR VALUE ADJUSTMENT - ENDOWMENTS: AMOUNT $188,220 188,220. TOTAL TO FORM 990, PART XI, LINE 5: -435,153. 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR TIGER AFFILIATED CHAPTERS P O BOX 711 BATON ROUGE LA 70821 273525396 BOOSTER GROUPS RAISING FUNDS SUPPORTING LSU ATHLETICS LA 501(C)(7) TIGER ATHLETIC FOUNDATION 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 TIGER AFFILIATED CHAPTERS C 112228 CASH