2011-03-23T10:57:49-05:00 2010-06-30 HEARD MCELROY & VESTAL LLP 333 TEXAS STREET SHREVEPORT LA 71101 990 2009-07-01 721402222 LSU HEALTH SCIENCES FOUNDATION SHREVEPORT LSUH 3186755002 920 PIERREMONT ROAD SUITE 407 SHREVEPORT LA 71106 CATHERINE S NOBILE 3186755002 2011-03-19 1 SPENCER BERNARD 3184291525 2009 2016-02-24 21:20:13Z HARRY E MCINNIS JR 920 PIERREMONT ROAD SUITE 407 SHREVEPORT LA 71106 66497747 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 13 50 0 0 7204923 2821448 0 841248 4152759 1202846 1254013 9249017 8228220 2989298 2546158 0 579274 515509 0 178241 914990 853347 4483562 3915014 4765455 4313206 86012382 95620165 5198818 5876715 80813564 89743450 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 2546158 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. 2546158 1 1 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 1 45 0 1 13 1 0 0 0 0 0 1 1 0 0 0 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 3186755002 920 PIERREMONT ROAD SUITE 407 SHREVEPORT LA 71103 CATHERINE S NOBILE 40.00 X X X X 121831 0 0 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 121831 0 0 1 0 0 0 SRP ENVIRONMENTAL INC 348 AERO DRIVE SHREVEPORT LA 71107 ENVIRONMENTAL REMEDIATION OF REAL ESTATE 189548 1 154401 2667047 2821448 2504152 2504152 152680 152680 152680 152680 59896488 58247881 1648607 1648607 1648607 21646 154401 21646 0 MANAGEMENT FEE INCOME 900099 1101333 1101333 1101333 8228220 1101333 0 4305439 2546158 2546158 452047 339035 113012 29399 22049 7350 34063 25547 8516 1425 1425 100882 100882 126843 126843 37395 37395 1171 878 293 17499 13124 4375 20748 15561 5187 2953 2215 738 38650 38650 62325 62325 91289 91289 ENVIRONMENTAL CLEAN-UP 210929 210929 MISCELLANEOUS 36108 27082 9026 REPAIRS & MAINTENANCE 31684 31684 FUNDRAISING 21383 21383 PRINTING 19183 14387 4796 32880 29315 3565 3915014 2546158 1190615 178241 627823 1090251 121509 117509 484245 6944 5145997 105514 5076969 5040483 79700333 89352028 1503 12950 86012382 95620165 77093 28024 687076 527332 4434649 5321359 5198818 5876715 X 11296171 12451315 60932903 67431206 8584490 9860929 80813564 89743450 86012382 95620165 X 0 1 1 X 0 X X 0 0 0 LSU HEALTH SCIENCES CENTER 720702002 501(C)3 1 1 1 2546158 1 2546158 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 65738302 1766691 7439760 603959 1057315 73283479 66955673 4442412 -4528759 507950 623074 65738302 0.85000 0.15000 0 0 5076782 62141 5014641 3200 34 3166 66015 43339 22676 0 5040483 DUE TO LSU HEALTH SCIENCES CENTER SHREVEPORT 5321359 5321359 8228220 3915014 4313206 4616680 4616680 8929886 12844900 4616680 4616680 8228220 0 8228220 3915014 0 3915014 0 3915014 Part V, Line 4: Description of Intended Use of Endowment Funds: THE ENDOWMENT FUNDS ARE USED TO SUPPORT, ENHANCE AND ASSIST THE LSU HEALTH SCIENCES CENTER AT SHREVEPORT IN ITS MANY ENDEAVORS. Part X: Description of Uncertain Tax Positions Under FIN 48: 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 2006 AND BEYOND REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. WHAT'S UP DOC? 152177 152177 21646 ANNUAL APPEAL 23870 23870 176047 176047 21646 21646 154401 1 LSU HEALTH SCIENCES CENTER SHREVEPORT 1501 KINGS HWY SHREVEPORT LA 71103 720702002 501(C)3 2546158 SUPPORT LSU HEALTH SCIENCES CENTER 1 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. KEITH CRISSMAN BOARD MEMBER 234093 KEITH CRISS IS THE PRESIDENT AND CEO OF REGIONS BANK. THE FOUNDATION HAS AN OUTSTANDING LOAN OF $234,093 WITH REGIONS BANK. 0 KEITH CRISSMAN BOARD MEMBER 47129713 KEITH CRISS IS THE PRESIDENT AND CEO OF REGIONS BANK. THE FOUNDATION HAS AN INVESTMENT ACCOUNT THAT IS MANAGED BY REGIONS BANK VALUED AT $47,129,713. 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 $238,471. 0 X 2 6492 FAIR MARKET VALUE X JEWELRY 1 16500 FAIR MARKET VALUE X SHOPPING SPREE 1 10000 FAIR MARKET VALUE X MISCELLANEOUS 1 270 FAIR MARKET VALUE 0 0 1 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. 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 151480 3456272 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 0 44248 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 1553258 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 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 LSU HEALTH SCIENCES CENTER SHREVEPORT B 2546158