2022-05-16T11:31:15-05:00 2021-06-30 721202445 POSTLETHWAITE & NETTERVILLE 8550 UNITED PLAZA BLVD SUITE 1001 BATON ROUGE LA 70809 990 2020-07-01 812900408 LSU REAL ESTATE AND FACILITIES FOUNDATION LSUR 2255783811 3796 NICHOLSON DRIVE BATON ROUGE LA 70802 KATE SPIKES TREASURER 2255784165 2022-05-16 1 KATE SPIKES 999009999 MEGAN COURTNEY P01571790 2259224600 2022-05-10 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z ROBERT M STUART JR 3796 NICHOLSON DRIVE BATON ROUGE LA 70802 21043945 0 X WWW.LSUFOUNDATION.ORG X 2016 LA THE LSU REAL ESTATE AND FACILITIES FOUNDATION ENCOMPASSES ALL AREAS OF FACILITIES DEVELOPMENT, INCLUDING CAMPUS MASTER PLANNING, PROJECT DEVELOPMENT, REAL ESTATE TRANSACTIONS, DESIGN AND CONSTRUCTION AND FACILITIES OPERATIONS, AS WELL AS ACTIVITIES PROMOTING ENVIRONMENTAL HEALTH AND SAFETY, EMERGENCY PREPAREDNESS AND DISASTER RECOVERY THAT IMPACT LSU'S FACILITIES. 11 8 0 0 0 0 1036778 12246906 0 0 10299 11723 4564278 8785316 5611355 21043945 2175038 5646600 0 0 0 0 0 0 0 1244130 2107284 3419168 7753884 2192187 13290061 15674330 27883351 13146115 12065075 2528215 15818276 X THE LSU REAL ESTATE AND FACILITIES FOUNDATION ENCOMPASSES ALL AREAS OF FACILITIES DEVELOPMENT, INCLUDING CAMPUS MASTER PLANNING, PROJECT DEVELOPMENT, REAL ESTATE TRANSACTIONS, DESIGN AND CONSTRUCTION AND FACILITIES OPERATIONS, AS WELL AS ACTIVITIES PROMOTING ENVIRONMENTAL HEALTH AND SAFETY, EMERGENCY PREPAREDNESS AND DISASTER RECOVERY THAT IMPACT LSU'S FACILITIES. 0 0 5646600 5646600 THE PORTION OF THE GROUND LEASE RENT PAYMENT PAID BY CHARITY HOSPITAL REDEVELOPMENT LLC TO LSU HEALTH SCIENCE CENTER NEW ORLEANS RELATED TO THE REDEVELOPMENT PROJECT. 872316 OPERATING EXPENSES INCURRED BY PILOTS POINTE, LLC FOR THE RENOVATION AND OPERATION OF STUDENT HOUSING NEXT TO LSU'S SHREVEPORT CAMPUS. 864331 NON-OPERATING EXPENSES, SUCH AS DEPRECIATION AND INTEREST EXPENSES, INCURRED BY BENGAL VILLAGE, LLC RELATED TO THE STUDENT HOUSING ON LSU'S EUNICE CAMPUS. 327193 OTHER EXPENDITURES - PREDOMINATELY MISCELLANEOUS EXPENSES INCURRED BY CHARITY HOSPITAL REDEVELOPMENT LLC. 327193 7710440 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 3 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 11 8 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X LSU FOUNDATION CO KATE SPIKES 2255783811 3796 NICHOLSON DRIVE BATON ROUGE LA 70802 CHARLES LANDRY CHAIRMAN 3.00 1.00 X 0 0 0 GARY GRAPHIA DIRECTOR 1.00 0.00 X 0 0 0 JAMES MAURIN DIRECTOR 1.00 0.00 X 0 0 0 KAREN DEBLIEUX DIRECTOR 1.00 0.00 X 0 0 0 MIKE WAMPOLD DIRECTOR 1.00 1.00 X 0 0 0 R WAYNE BROWN DIRECTOR 1.00 0.05 X 0 0 0 RONALD SHOLES DIRECTOR 1.00 0.00 X 0 0 0 W CLINTON RASBERRY DIRECTOR 1.00 0.00 X 0 0 0 TOM GALLIGAN EX OFFICIO 0.50 2.00 X 0 0 0 CLARENCE P CAZALOT JR EX OFFICIO 1.00 1.55 X 0 0 0 FRANK BILLY W HARRISON III EX OFFICIO 1.00 3.05 X 0 0 0 DONNA TORRES EX OFFICIO 1.00 0.00 X 0 0 0 TONY LOMBARDO EX OFFICIO 1.00 0.00 X 0 0 0 ROBERT M STUART JR PRESIDENT & CEO AS OF 1/1/2021 1.00 40.05 X 0 282750 15897 KATE SPIKES TREASURER 1.00 40.05 X 0 194899 23564 LEU ANNE GRECO SECRETARY 1.00 40.05 X 0 169961 15408 0 647610 54869 0 0 1 0 CANGELOSI WARD GENERAL CONTRATORS LLC 9512 BROOKLINE AVE BATON ROUGE LA 70809 CONTRACTOR 1211622 B&D CSRS LLC 6767 PERKINS ROAD STE 200 BATON ROUGE LA 70808 CONTRACTOR 201328 CARBO LANDSCAPE ARCHITECTURE 200 LAUREL ST STE 100 BATON ROUGE LA 70801 ARCHITECTURE 120619 PHELPS DUNBAR LLP PO BOX 974798 DALLAS TX 75397 LEGAL 116164 GRACEHEBERT ARCHITECTS APAC 501 GOVERNMENT STREET STE 200 BATON ROUGE LA 70802 ARCHITECTURE 104000 5 12246906 12246906 11723 11723 8785316 0 8785316 8785316 8785316 21043945 0 0 8797039 5646600 5646600 333613 333613 425032 425032 34372 34372 439299 439299 OTHER OPERATING SERVICE 874968 831524 43444 7753884 7710440 43444 0 3295946 13434211 34317 44528 2910 2701 11309066 812345 9298052 10496721 3043105 3905190 15674330 27883351 650372 535553 11707068 11514366 788675 15156 13146115 12065075 X 701956 13135204 1826259 2683072 2528215 15818276 15674330 27883351 13290061 0 X X 0 1 X 1 0 X X X 2 LSU FOUNDATION 726020969 5 1 0 0 LOUISIANA STATE UNIVERSITY 726000848 2 1 5646600 0 2 5646600 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11309066 812345 10496721 10496721 INTERCOMPANY RECEIVABLES 15156 CONSTRUCTION IN PROGRESS 3890034 3905190 INTERCOMPANY PAYABLES 15156 15156 X PART X, LINE 2: THE FOUNDATION ACCOUNTS FOR INCOME TAXES IN ACCORDANCE WITH THE ACCOUNTING GUIDANCE INCLUDED IN THE ACCOUNTING STANDARDS CODIFICATION (ASC). THE FOUNDATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. RECOGNIZED INCOME TAX POSITIONS ARE RECORDED AT THE LARGEST AMOUNT THAT IS GREATER THAN FIFTY PERCENT LIKELY OF BEING REALIZED. CHANGES IN THE RECOGNITION OR MEASUREMENT ARE REFLECTED IN THE PERIOD IN WHICH THE CHANGE IN JUDGMENT OCCURS. 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. 1 LOUISIANA STATE UNIVERSITY 204 THOMAS BOYD HALL BATON ROUGE LA 70803 726000848 5646600 TAX VALUE REDEVELOPMENT PROJECT - FIRST GROUND LEASE RENT PAYMENT THIS IS THE PORTION OF THE FIRST GROUND LEASE RENT PAYMENT PAID BY CHARITY HOSPITAL REDEVELOPMENT LLC TO LSU HEALTH SCIENCE CENTER NEW ORLEANS RELATED TO THE REDEVELOPMENT PROJECT. 1 0 0 0 0 0 0 0 0 0 0 ROBERT M STUART JR PRESIDENT & CEO AS OF 1/1/2021 0 277350 0 0 0 5400 0 15252 0 645 0 298647 0 0 KATE SPIKES TREASURER 0 190099 0 0 0 4800 0 12288 0 11276 0 218463 0 0 LEU ANNE GRECO SECRETARY 0 168761 0 0 0 1200 0 10683 0 4725 0 185369 0 0 FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS OF THE LSU FOUNDATION ELECT FOUR VOTING MEMBERS OF THE BOARD OF DIRECTORS OF THE CORPORATION. DURING HIS OR HER TENURE OF OFFICE, THE PRESIDENT OF LSU SHALL NOMINATE THREE VOTING MEMBERS OF THE BOARD OF DIRECTORS, WHO SHALL SUBSEQUENTLY BE ELECTED BY THE DIRECTORS OF THE LSU FOUNDATION. FORM 990, PART VI, SECTION B, LINE 11B THE TREASURER PROVIDES THE FORM 990 TO THE 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 IN WHICH THEY ARE BOARD MEMBERS, PARTNERS, OFFICERS, AND PRINCIPAL OWNERS. THE LSU REAL ESTATE AND FACILITIES FOUNDATION SECRETARY REVIEWS SUCH DISCLOSURE STATEMENTS FOR IDENTIFICATION OF CONFLICT. 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 TO THE DISCLOSURES PROVIDED BY BOARD MEMBERS AND OFFICERS AND REVIEWED TO DETERMINE IF ANY POTENTIAL CONFLICTS OF INTEREST EXIST. LSU REAL ESTATE AND FACILITIES FOUNDATION SECRETARY ADDRESSES ANY CONCERNS REGARDING CONFLICTS OF INTEREST WITH THE BOARD OF DIRECTORS. ADDITIONALLY, THE BOARD PERIODICALLY PERFORMS A DETAILED REVIEW OF THE CONFLICTS OF INTEREST POLICY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS ARE FILED WITH THE LOUISIANA SECRETARY OF STATE'S OFFICE AND ARE AVAILABLE TO THE PUBLIC. THE CONSOLIDATED AUDITED FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC ON LSU FOUNDATION'S WEBSITE. FORM 990, PART VI, LINE 15: SUPPLEMENTAL DISCLOSURE: LSU REAL ESTATE AND FACILITIES FOUNDATION DOES NOT HAVE ANY DIRECT EMPLOYEES. A RELATED ORGANIZATION, THE LSU FOUNDATION, DIRECTLY EMPLOYS AND FUNDS APPLICABLE SALARY EXPENSES RELATED TO STAFF ASSISTING WITH ADMINISTRATIVE FUNCTIONS OF THE LSU REAL ESTATE AND FACILITIES FOUNDATION. THE LSU FOUNDATION GATHERS EXTERNAL, INDEPENDENT SALARY SURVEYS OF EXECUTIVE COMPENSATION FOR RELEVANT PEER GROUPS. THE LSU FOUNDATION'S TALENT MANAGEMENT COMMITTEE REVIEWS AND DISCUSSES THE SURVEYS IN CONJUNCTION WITH AN ANNUAL REVIEW OF COMPENSATION FOR OFFICERS. PART XII, LINE 2C THE LSU REAL ESTATE AND FACILITIES FOUNDATION DOES NOT HAVE AN AUDIT COMMITTEE. HOWEVER, THE LSU REAL ESTATE AND FACILITIES FOUNDATION IS INCLUDED IN THE AUDITED CONSOLIDATED GAAP-BASIS FINANCIAL STATEMENTS WHICH INCORPORATE THE LSU FOUNDATION AND RELATED ORGANIZATIONS. THE LSU FOUNDATION BOARD OF DIRECTORS HAS AN AUDIT COMMITTEE WHOSE BOARD-APPROVED AUDIT COMMITTEE CHARTER PROVIDES, AMONG OTHER POWERS, OVERSIGHT BY THE AUDIT COMMITTEE OF THE EXTERNAL AUDIT OF THE FINANCIAL STATEMENTS AND COMMUNICATIONS WITH THE INDEPENDENT AUDITORS. 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