L S U FOUNDATION: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- L S U FOUNDATION (EIN 72-6020969)
- Tax period
- 2020-07-01 to 2021-06-30
- Filed
- 2022-05-16
- IRS object ID
- 202241369349305649
- Schema version
- 2020v4.2
- 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 M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-05-16T11:36:00-05:00 | ReturnTs |
| Tax Period End | 2021-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 721202445 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | POSTLETHWAITE & NETTERVILLE | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8550 UNITED PLAZA BLVD SUITE 1001 | AddressLine1Txt |
| City | BATON ROUGE | CityNm |
| State Abbreviation | LA | StateAbbreviationCd |
| ZIP | 70809 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2020-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 726020969 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | L S U FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LSUF | BusinessNameControlTxt |
| Phone | 2255783811 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3796 NICHOLSON DRIVE | AddressLine1Txt |
| City | BATON ROUGE | CityNm |
| State Abbreviation | LA | StateAbbreviationCd |
| ZIP | 70802 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KATE SPIKES | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 2255784165 | PhoneNum |
| Signature | 2022-05-16 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | KATE | PersonFirstNm |
| Person Last | SPIKES | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MEGAN COURTNEY | PreparerPersonNm |
| PTIN | P00638118 | PTIN |
| Phone | 2259224600 | PhoneNum |
| Preparation | 2022-05-12 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | ROBERT M STUART JR | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3796 NICHOLSON DRIVE | AddressLine1Txt |
| City | BATON ROUGE | CityNm |
| State Abbreviation | LA | StateAbbreviationCd |
| ZIP | 70802 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $141,246,049 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.LSUFOUNDATION.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1960 | FormationYr |
| Legal Domicile State | LA | LegalDomicileStateCd |
| Activity Or Mission | THE LSU FOUNDATION CULTIVATES AND INVESTS IN PHILANTHROPIC PARTNERSHIPS TO SUPPORT AND ADVANCE LSU'S ACADEMIC PRIORITIES. | ActivityOrMissionDesc |
| Voting Members Governing Body | 25 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 25 | VotingMembersIndependentCnt |
| Total Employee | 229 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $42,262,807 | PYContributionsGrantsAmt |
| CY Contributions Grants | $61,814,778 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $21,364,376 | PYInvestmentIncomeAmt |
| CY Investment Income | $9,451,916 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,187,534 | PYOtherRevenueAmt |
| CY Other Revenue | $1,463,673 | CYOtherRevenueAmt |
| PY Total Revenue | $64,814,717 | PYTotalRevenueAmt |
| CY Total Revenue | $72,730,367 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $24,046,724 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $26,449,796 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $12,802,072 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $8,832,059 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $147,783 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $235,857 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $5,971,245 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $11,662,268 | PYOtherExpensesAmt |
| CY Other Expenses | $7,239,516 | CYOtherExpensesAmt |
| PY Total Expenses | $48,658,847 | PYTotalExpensesAmt |
| CY Total Expenses | $42,757,228 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $16,155,870 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $29,973,139 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $667,744,086 | TotalAssetsBOYAmt |
| Total Assets EOY | $804,249,383 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $145,277,402 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $153,580,040 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $522,466,684 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $650,669,343 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE LSU FOUNDATION CULTIVATES AND INVESTS IN PHILANTHROPIC PARTNERSHIPS TO SUPPORT AND ADVANCE LSU'S ACADEMIC PRIORITIES. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $12,382,293 | ExpenseAmt |
| Grant | $8,229,284 | GrantAmt |
| Desc | ACADEMIC AND RESEARCH ACTIVITIES: OPERATIONAL SUPPORT EXPENSES TO SUPPLEMENT STATE FUNDING AND AID THE ACADEMIC COLLEGES OF THE UNIVERSITY AS WELL AS THE AGRICULTURAL CENTER IN ACCOMPLISHING LSU'S MISSION. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $9,755,063 | ExpenseAmt |
| Grant | $9,413,843 | GrantAmt |
| Desc | SCHOLARSHIPS AND FELLOWSHIPS - FINANCIAL SUPPORT TO UNDERGRADUATE AND GRADUATE STUDENTS THROUGH APPROXIMATELY 1,960 AVAILABLE SCHOLARSHIPS AND FELLOWSHIPS. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $4,088,721 | ExpenseAmt |
| Grant | $3,698,838 | GrantAmt |
| Desc | CHAIRS AND PROFESSORSHIPS: EXPENSES TO DIRECTLY SUPPORT THE SCHOLARLY ACTIVITIES OF OVER 800 SPECIFICALLY DESIGNATED CHAIRS AND PROFESSORSHIPS AVAILABLE TO LSU'S DISTINGUISHED FACULTY. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $5,654,404 | ExpenseAmt |
| Grant | $5,107,831 | GrantAmt |
| Desc | OTHER PROGRAM SERVICES INCLUDE: (1) SALARY SUPPORT FOR ACADEMIC PURPOSES, (2) INSTITUTION-WIDE ACADEMIC PROGRAMS, SUCH AS LECTURE SERIES AND HOSTING VISITING SCHOLARS, (3) SERVICE AWARDS FOR OUTSTANDING FACULTY AND PROFESSIONAL STAFF, (4) TRAVEL TO NATIONAL AND INTERNATIONAL BUSINESS SEMINARS AND CONFERENCES BY UNIVERSITY FACULTY AND STAFF OF ACADEMIC UNITS, (5) INSTITUTIONAL ADVANCEMENT, (6) CAPITAL OUTLAY INCLUDING THE ACQUISITION OF EQUIPMENT AND CONSTRUCTION OF FACILITIES FOR USE IN THE ACADEMIC RESEARCH ENDEAVORS OF THE UNIVERSITY. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $5,654,404 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $5,107,831 | TotalOtherProgSrvcGrantAmt |
| Total Program Service Expenses | $31,880,481 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (1) | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| Info In Schedule O Part V | Yes (X) | InfoInScheduleOPartVInd |
| IRP Document | 31 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 229 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | Yes (1) | ForeignFinancialAccountInd |
| Foreign Country | CJ | ForeignCountryCd |
| Foreign Country | VI | ForeignCountryCd |
| Foreign Country | HK | ForeignCountryCd |
| Foreign Country | LU | ForeignCountryCd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 25 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 25 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | AK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AZ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CO | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | DC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | HI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | UT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WV | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | GA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ME | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MO | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NM | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ND | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | RI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | TN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | VA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KATE SPIKES CFO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2255783811 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3796 NICHOLSON DR | AddressLine1Txt |
| City | BATON ROUGE | CityNm |
| State Abbreviation | LA | StateAbbreviationCd |
| ZIP | 70802 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (39 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|---|
| THOMAS C GALLIGAN JR | ||||||||||
| EX OFFICIO DIRECTOR | 1.50 | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| T CASS GAIENNIE | ||||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| SUZETTE KENT | ||||||||||
| DIRECTOR | 1.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| SEAN E REILLY | ||||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| SCOTT R BRAKEBILL | ||||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| SARAH R BORDERS | ||||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| ROGER W JENKINS | ||||||||||
| DIRECTOR; CHAIR-ELECT 2021 | 1.50 | 0.05 | Yes (X) | $0 | $0 | $0 | Yes (X) | |||
| ROGER H OGDEN | ||||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| ROBERT S DAMPF | ||||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| MIKE WAMPOLD | ||||||||||
| DIRECTOR | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| MARK K ANDERSON | ||||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| LORI GARRISON | ||||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| LAURA L DAUZAT | ||||||||||
| DIRECTOR; CORPORATE SECRETARY | 1.50 | 0.05 | Yes (X) | $0 | $0 | $0 | Yes (X) | |||
| JYRIC SIMS | ||||||||||
| DIRECTOR; TREASURER | 1.50 | 0.05 | Yes (X) | $0 | $0 | $0 | Yes (X) | |||
| JOHN M ENGQUIST | ||||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| JEFFREY N SPRINGMEYER | ||||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| FRANK W BILLY HARRISON III | ||||||||||
| DIRECTOR; CHAIR-ELECT 2020; CHAIRPERSON 2021 | 3.00 | 0.05 | Yes (X) | $0 | $0 | $0 | Yes (X) | |||
| ELIZABETH H RONN | ||||||||||
| DIRECTOR | 1.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| DR MARY T NEAL | ||||||||||
| DIRECTOR | 1.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| DR GEORGE E ROBINSON III | ||||||||||
| DIRECTOR | 1.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| DEBORAH A ELAM | ||||||||||
| DIRECTOR | 1.50 | 0.05 | Yes (X) | $0 | $0 | $0 | ||||
| D MARTIN PHILLIPS | ||||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| CLARENCE P CAZALOT JR | ||||||||||
| DIRECTOR; IMMEDIATE PAST CHAIR 2020 | 1.50 | 0.05 | Yes (X) | $0 | $0 | $0 | Yes (X) | |||
| CHRISTEL SLAUGHTER | ||||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| CHARLES A LANDRY | ||||||||||
| DIRECTOR | 1.00 | 3.00 | Yes (X) | $0 | $0 | $0 | ||||
| BRADIE G JAMES | ||||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| BEAU FOURNET | ||||||||||
| DIRECTOR | 1.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| LEU ANNE GRECO | ||||||||||
| VP & GENERAL COUNSEL | 40.00 | 1.05 | $169,961 | $0 | $15,408 | Yes (X) | ||||
| ROBERT M STUART JR | ||||||||||
| PRESIDENT & CEO AS OF 1/1/2021 | 40.00 | 1.05 | $282,750 | $0 | $15,897 | Yes (X) | ||||
| SONJA YVETTE MARSH | ||||||||||
| SENIOR DIRECTOR OF TALENT MANAGEMENT | 40.00 | 0.00 | $164,862 | $0 | $10,993 | Yes (X) | ||||
| DANIEL BOZARD | ||||||||||
| VP DEVELOPMENT THROUGH 4/5/2020 | 0.01 | 0.00 | $155,897 | $0 | $16,232 | Yes (X) | ||||
| KATE SPIKES | ||||||||||
| CFO | 40.00 | 1.05 | $194,899 | $0 | $23,564 | Yes (X) | ||||
| KRISTA ALLEN RANEY | ||||||||||
| VP DEVELOPMENT AS OF 4/6/2020 | 40.00 | 0.00 | $178,776 | $0 | $22,356 | Yes (X) | ||||
| SARA WHITTAKER | ||||||||||
| ASST VP OF COMMUNICATIONS & MARKETING | 40.00 | 0.00 | $134,299 | $0 | $20,242 | Yes (X) | ||||
| RACHEL VERON | ||||||||||
| DIRECTOR OF ANALYTICS | 40.00 | 0.00 | $120,929 | $0 | $12,367 | Yes (X) | ||||
| PAIGE CARTER | ||||||||||
| DIRECTOR OF INDUSTRY ENGAGEMENT | 40.00 | 0.00 | $118,435 | $0 | $11,814 | Yes (X) | ||||
| ANDRE GREENE | ||||||||||
| CONTROLLER | 40.00 | 0.00 | $129,154 | $0 | $10,932 | Yes (X) | ||||
| ADRIAN OWEN | ||||||||||
| AVP OF ADV SERVICES | 40.00 | 0.00 | $159,896 | $0 | $9,975 | Yes (X) | ||||
| J BRYAN BENCHOFF | ||||||||||
| PRESIDENT & CEO THROUGH 12/31/2019 | 0.00 | 0.00 | $312,114 | $0 | $0 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,121,972 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $169,780 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 12 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (3 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| ADAMS & REESE LLP | |||||
| DEPT 5208 PO BOX 2153 | BIRMINGHAM | AL | 352875208 | ATTORNEYS AT LAW | $215,000 |
| RUFFALO NOEL-LEVITZ | |||||
| PO BOX 718 | DES MOINES | IA | 503030718 | CALL CENTER MANAGEMENT | $191,640 |
| COMMUNITY COUNSELING SERVICE CO LLC | |||||
| PO BOX 824885 | PHILADELPHIA | PA | 191824885 | CONSULTING | $124,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 3 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $43,953 | FundraisingAmt |
| All Other Contributions | $61,770,825 | AllOtherContributionsAmt |
| Noncash Contributions | $3,844,355 | NoncashContributionsAmt |
| Total Contributions | $61,814,778 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,211,707 | TotalRevenueColumnAmt |
| Exclusion | $1,211,707 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $9,706 | TotalRevenueColumnAmt |
| Exclusion | $9,706 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $76,705,123 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $68,464,914 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $8,240,209 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $8,240,209 | TotalRevenueColumnAmt |
| Exclusion | $8,240,209 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $120,699 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $43,953 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $50,768 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $69,931 | TotalRevenueColumnAmt |
| Exclusion | $69,931 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FUND MANAGEMENT FEES | Desc |
| Business | 541900 | BusinessCd |
| Total Revenue Column | $1,384,036 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,384,036 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $1,384,036 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $72,730,367 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,384,036 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $9,531,553 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $26,449,796 | TotalAmt |
| Program Services | $26,449,796 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,250,950 | TotalAmt |
| Management And General | $789,627 | ManagementAndGeneralAmt |
| Fundraising | $461,323 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,979,951 | TotalAmt |
| Program Services | $165,573 | ProgramServicesAmt |
| Management And General | $2,182,580 | ManagementAndGeneralAmt |
| Fundraising | $3,631,798 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $364,887 | TotalAmt |
| Program Services | $2,621 | ProgramServicesAmt |
| Management And General | $162,223 | ManagementAndGeneralAmt |
| Fundraising | $200,043 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $755,004 | TotalAmt |
| Program Services | $103,959 | ProgramServicesAmt |
| Management And General | $228,793 | ManagementAndGeneralAmt |
| Fundraising | $422,252 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $481,267 | TotalAmt |
| Program Services | $10,471 | ProgramServicesAmt |
| Management And General | $209,470 | ManagementAndGeneralAmt |
| Fundraising | $261,326 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,321 | TotalAmt |
| Program Services | $9,297 | ProgramServicesAmt |
| Management And General | $24 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $71,920 | TotalAmt |
| Management And General | $71,920 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $235,857 | TotalAmt |
| Fundraising | $235,857 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $181,971 | TotalAmt |
| Management And General | $181,971 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,283,856 | TotalAmt |
| Program Services | $933,604 | ProgramServicesAmt |
| Management And General | $66,892 | ManagementAndGeneralAmt |
| Fundraising | $283,360 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $83,607 | TotalAmt |
| Program Services | $83,607 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,633,887 | TotalAmt |
| Program Services | $1,341,414 | ProgramServicesAmt |
| Management And General | $183,493 | ManagementAndGeneralAmt |
| Fundraising | $108,980 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $476,414 | TotalAmt |
| Program Services | $108,770 | ProgramServicesAmt |
| Management And General | $367,644 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $276,190 | TotalAmt |
| Program Services | $49,449 | ProgramServicesAmt |
| Management And General | $143,862 | ManagementAndGeneralAmt |
| Fundraising | $82,879 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $128,204 | TotalAmt |
| Program Services | $125,160 | ProgramServicesAmt |
| Management And General | $3,984 | ManagementAndGeneralAmt |
| Fundraising | -$940 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $187,478 | TotalAmt |
| Program Services | $80,118 | ProgramServicesAmt |
| Management And General | $60,810 | ManagementAndGeneralAmt |
| Fundraising | $46,550 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,493 | TotalAmt |
| Program Services | $14,493 | ProgramServicesAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,339,467 | TotalAmt |
| Program Services | $1,282,607 | ProgramServicesAmt |
| Management And General | $56,860 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $262,571 | TotalAmt |
| Program Services | $262,571 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $289,951 | TotalAmt |
| Program Services | $43,321 | ProgramServicesAmt |
| Management And General | $160,926 | ManagementAndGeneralAmt |
| Fundraising | $85,704 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| OFFICIAL UNIV. FUNCTION | $496,226 | $496,226 | ||
| DUES AND SUBSCRIPTIONS | $271,424 | $163,244 | $33,595 | $74,585 |
| DEVELOPMENT/PROMOTION | $146,358 | $68,830 | $77,528 | |
| OTHER EXPENSES | $86,178 | $85,350 | $828 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $42,757,228 | TotalAmt |
| Program Services | $31,880,481 | ProgramServicesAmt |
| Management And General | $4,905,502 | ManagementAndGeneralAmt |
| Fundraising | $5,971,245 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $127,199,762 | BOYAmt |
| EOY | $102,483,725 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,421,039 | BOYAmt |
| EOY | $30,169,649 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $673,627 | BOYAmt |
| EOY | $792,987 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $156,344 | BOYAmt |
| EOY | $72,623 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $7,289,379 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $2,289,125 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,395,986 | BOYAmt |
| EOY | $5,000,254 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $179,776,201 | BOYAmt |
| EOY | $245,522,001 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $315,869,366 | BOYAmt |
| EOY | $399,353,225 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,251,761 | BOYAmt |
| EOY | $20,854,919 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $667,744,086 | BOYAmt |
| EOY | $804,249,383 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,942,051 | BOYAmt |
| EOY | $2,146,768 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,170,807 | BOYAmt |
| EOY | $1,776,408 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,382,880 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $139,781,664 | BOYAmt |
| EOY | $149,656,864 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $145,277,402 | BOYAmt |
| EOY | $153,580,040 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $31,643,669 | BOYAmt |
| EOY | $35,960,907 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $490,823,015 | BOYAmt |
| EOY | $614,708,436 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $522,466,684 | BOYAmt |
| EOY | $650,669,343 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $667,744,086 | BOYAmt |
| EOY | $804,249,383 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $29,973,139 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $98,229,520 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| College Organization | Yes (X) | CollegeOrganizationInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $40,112,428 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $41,493,767 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $39,806,678 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $42,103,812 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $61,770,825 | CurrentTaxYearAmt |
| Total | $225,287,510 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $40,112,428 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $41,493,767 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $39,806,678 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $42,103,812 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $61,770,825 | CurrentTaxYearAmt |
| Total | $225,287,510 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $1,891,009 | SubstantialContributorsTotAmt |
| Public Support Total170 | $223,396,501 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,612,664 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $9,441,162 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $12,689,807 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,197,012 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,221,413 | CurrentTaxYearAmt |
| Total | $30,162,058 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $255,449,568 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $6,714,888 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.87450 | PublicSupportCY170Pct |
| Public Support PY170 | 0.81340 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| 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) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
Total Direct Lobbying TotalDirectLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $320,000 | FilingOrganizationsTotalAmt |
Total Lobbying Expend TotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $320,000 | FilingOrganizationsTotalAmt |
Other Exempt Purpose Expend OtherExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $43,077,228 | FilingOrganizationsTotalAmt |
Total Exempt Purpose Expend TotalExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $43,397,228 | FilingOrganizationsTotalAmt |
Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $1,000,000 | FilingOrganizationsTotalAmt |
Grassroots Nontaxable GrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $250,000 | FilingOrganizationsTotalAmt |
Tot Lbbyng Grassroot Mns Non Tx TotLbbyngGrassrootMnsNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Tot Lbby Expend Mns Lbbyng Non Tx TotLbbyExpendMnsLbbyngNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus1 | $1,000,000 | CurrentYearMinus1Amt |
| Current Year | $1,000,000 | CurrentYearAmt |
| Total | $2,000,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $3,000,000 | LobbyingCeilingAmt |
Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus1 | $247,083 | CurrentYearMinus1Amt |
| Current Year | $320,000 | CurrentYearAmt |
| Total | $567,083 | TotalAmt |
Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus1 | $250,000 | CurrentYearMinus1Amt |
| Current Year | $250,000 | CurrentYearAmt |
| Total | $500,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $750,000 | GrassrootsCeilingAmt |
Schedule D IRS990ScheduleD
Held Works Art HeldWorksArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets Included | $4,218,976 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Coll Used Loan Or Exch Prog | Yes (X) | CollUsedLoanOrExchProgInd |
Collection Used Other Purposes CollectionUsedOtherPurposesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Other Purposes | Yes (X) | CollectionUsedOtherPurposesInd |
| Other Purposes | COMMUNITY EDUCATION PROGRAM | OtherPurposesDesc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $371,645,245 | BeginningYearBalanceAmt |
| Contributions | $15,237,493 | ContributionsAmt |
| Investment Earnings Or Losses | $100,046,912 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $600,544 | OtherExpendituresAmt |
| End Year Balance | $486,329,106 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $385,838,935 | BeginningYearBalanceAmt |
| Contributions | $8,993,920 | ContributionsAmt |
| Investment Earnings Or Losses | -$14,352,229 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $8,835,381 | OtherExpendituresAmt |
| End Year Balance | $371,645,245 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $367,203,077 | BeginningYearBalanceAmt |
| Contributions | $12,452,105 | ContributionsAmt |
| Investment Earnings Or Losses | $9,132,081 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,948,328 | OtherExpendituresAmt |
| End Year Balance | $385,838,935 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $352,966,192 | BeginningYearBalanceAmt |
| Contributions | $11,985,296 | ContributionsAmt |
| Investment Earnings Or Losses | $4,132,427 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,871,768 | GrantsOrScholarshipsAmt |
| End Year Balance | $367,203,077 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $318,338,523 | BeginningYearBalanceAmt |
| Contributions | $10,015,038 | ContributionsAmt |
| Investment Earnings Or Losses | $24,612,631 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $352,966,192 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.00120 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.61310 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.38570 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $511,925 | OtherCostOrOtherBasisAmt |
| Book Value | $511,925 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,558,478 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,289,125 | DepreciationAmt |
| Book Value | $269,353 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,218,976 | OtherCostOrOtherBasisAmt |
| Book Value | $4,218,976 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $5,000,254 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (5 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| COMMINGLED FUNDS | $162,785,978 | F |
| PRIVATE EQUITY | $94,068,562 | F |
| HEDGED FUNDS | $74,886,948 | F |
| ROYALTY INTERESTS | $154,084 | F |
| SEPARATELY MANAGED ACCOUNTS | $67,457,653 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $399,353,225 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| FUNDS MANAGED FOR OTHER ENTITIES | $148,988,018 |
| COMPENSATED ABSENCES PAYABLE | $562,291 |
| OTHER DEFERRED REVENUE | $16,360 |
| RELATED PARTY PAYABLES | $90,195 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $149,656,864 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| 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. |
| 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 AT JUNE 30, 2021. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (4 entries)
| RegionRegionTxt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|
| EAST ASIA AND THE PACIFIC | INVESTMENTS | $2,199,834 |
| CENTRAL AMERICA AND THE CARIBBEAN | INVESTMENTS | $10,891,815 |
| EUROPE | INVESTMENTS | $3,603,073 |
| NORTH AMERICA (NOT INCLUDING UNITED STATES) | INVESTMENTS | $383,735 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $17,078,457 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $17,078,457 | TotalSpentAmt |
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III ACCOUNTING METHOD: | |
| FORM 990, SCHEDULE F, PART I, LINE 3 | 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 REGION: 1) EAST ASIA AND THE PACIFIC - $2,838 2) NORTH AMERICA (NOT INCLUDING UNITED STATES) - $46,788 3) EUROPE - $522 |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| Phone Solicitations | Yes (X) | PhoneSolicitationsInd |
| In Person Solicitations | Yes (X) | InPersonSolicitationsInd |
| Solicitation Of Non Govt Grants | Yes (X) | SolicitationOfNonGovtGrantsInd |
| Special Fundraising Events | Yes (X) | SpecialFundraisingEventsInd |
| Agrmt Prof Fundraising Acty | 0 | AgrmtProfFundraisingActyInd |
| Licensed States | AL | LicensedStatesCd |
| Licensed States | CT | LicensedStatesCd |
| Licensed States | FL | LicensedStatesCd |
| Licensed States | GA | LicensedStatesCd |
| Licensed States | IL | LicensedStatesCd |
| Licensed States | KS | LicensedStatesCd |
| Licensed States | MS | LicensedStatesCd |
| Licensed States | MO | LicensedStatesCd |
| Licensed States | NM | LicensedStatesCd |
| Licensed States | NC | LicensedStatesCd |
| Licensed States | ND | LicensedStatesCd |
| Licensed States | PA | LicensedStatesCd |
| Licensed States | RI | LicensedStatesCd |
| Licensed States | TN | LicensedStatesCd |
| Licensed States | VA | LicensedStatesCd |
| Licensed States | AK | LicensedStatesCd |
| Licensed States | AR | LicensedStatesCd |
| Licensed States | CA | LicensedStatesCd |
| Licensed States | CO | LicensedStatesCd |
| Licensed States | DC | LicensedStatesCd |
| Licensed States | HI | LicensedStatesCd |
| Licensed States | KY | LicensedStatesCd |
| Licensed States | LA | LicensedStatesCd |
| Licensed States | ME | LicensedStatesCd |
| Licensed States | MD | LicensedStatesCd |
| Licensed States | MA | LicensedStatesCd |
| Licensed States | MI | LicensedStatesCd |
| Licensed States | MN | LicensedStatesCd |
| Licensed States | NH | LicensedStatesCd |
| Licensed States | NY | LicensedStatesCd |
| Licensed States | ND | LicensedStatesCd |
| Licensed States | OH | LicensedStatesCd |
| Licensed States | OK | LicensedStatesCd |
| Licensed States | OR | LicensedStatesCd |
| Licensed States | SC | LicensedStatesCd |
| Licensed States | UT | LicensedStatesCd |
| Licensed States | WA | LicensedStatesCd |
| Licensed States | WV | LicensedStatesCd |
| Licensed States | WI | LicensedStatesCd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | AG CENTER CORN MAZE | Event1Nm |
| Gross Receipts Event1 | $87,443 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $350 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $87,093 | GrossRevenueEvent1Amt |
| Food And Beverage Event1 | $743 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $805 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $18,543 | OtherDirectExpensesEvent1Amt |
| Other Events Total | 4 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $77,209 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $43,603 | CharitableContriOtherEventsAmt |
| Gross Revenue Other Events | $33,606 | GrossRevenueOtherEventsAmt |
| Cash Prizes Other Events | $250 | CashPrizesOtherEventsAmt |
| Non Cash Prizes Other Events | $9,828 | NonCashPrizesOtherEventsAmt |
| Rent Fclty Costs Other Events | $15,976 | RentFcltyCostsOtherEventsAmt |
| Food And Beverage Other Events | $1,005 | FoodAndBeverageOtherEventsAmt |
| Entertainment Other Events | $595 | EntertainmentOtherEventsAmt |
| Oth Direct Expnss Other Events | $3,023 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $164,652 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $43,953 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $120,699 | GrossRevenueTotalEventsAmt |
| Cash Prizes Total Events | $250 | CashPrizesTotalEventsAmt |
| Non Cash Prizes Total Events | $9,828 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $15,976 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $1,748 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $1,400 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $21,566 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $50,768 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $69,931 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LOUISIANA STATE UNIVERSITY | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 204 THOMAS BOYD HALL | AddressLine1Txt |
| City | BATON ROUGE | CityNm |
| State Abbreviation | LA | StateAbbreviationCd |
| ZIP | 70803 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 726000848 | RecipientEIN |
| IRC Section | 501(C)(3) | IRCSectionDesc |
| Cash Grant | $26,449,796 | CashGrantAmt |
| Purpose Of Grant | UNIVERSITY ACADEMIC AND RESEARCH SUPPORT, INCLUDING SCHOLARSHIPS, GRADUATE FELLOWSHIPS AND FACULTY CHAIRS AND PROFESSORSHIPS. | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE LSU FOUNDATION PROVIDES GRANTS OR ASSISTANCE, IN ACCORDANCE WITH ITS STATED MISSION, TO LOUISIANA STATE UNIVERSITY AND THE LSU AGRICULTURAL CENTER 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. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (1) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (9 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| J BRYAN BENCHOFF | ||||||||||||||
| PRESIDENT & CEO THROUGH 12/31/2019 | $232,114 | $0 | $80,000 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $312,114 | $0 | $0 | $0 |
| ROBERT M STUART JR | ||||||||||||||
| PRESIDENT & CEO AS OF 1/1/2021 | $277,350 | $0 | $0 | $0 | $5,400 | $0 | $15,252 | $0 | $645 | $0 | $298,647 | $0 | $0 | $0 |
| KATE SPIKES | ||||||||||||||
| CFO | $190,099 | $0 | $0 | $0 | $4,800 | $0 | $12,288 | $0 | $11,276 | $0 | $218,463 | $0 | $0 | $0 |
| KRISTA ALLEN RANEY | ||||||||||||||
| VP DEVELOPMENT AS OF 4/6/2020 | $177,576 | $0 | $0 | $0 | $1,200 | $0 | $11,080 | $0 | $11,276 | $0 | $201,132 | $0 | $0 | $0 |
| LEU ANNE GRECO | ||||||||||||||
| VP & GENERAL COUNSEL | $168,761 | $0 | $0 | $0 | $1,200 | $0 | $10,683 | $0 | $4,725 | $0 | $185,369 | $0 | $0 | $0 |
| SONJA YVETTE MARSH | ||||||||||||||
| SENIOR DIRECTOR OF TALENT MANAGEMENT | $160,062 | $0 | $0 | $0 | $4,800 | $0 | $9,892 | $0 | $1,101 | $0 | $175,855 | $0 | $0 | $0 |
| DANIEL BOZARD | ||||||||||||||
| VP DEVELOPMENT THROUGH 4/5/2020 | $150,197 | $0 | $0 | $0 | $5,700 | $0 | $8,948 | $0 | $7,284 | $0 | $172,129 | $0 | $0 | $0 |
| ADRIAN OWEN | ||||||||||||||
| AVP OF ADV SERVICES | $155,096 | $0 | $0 | $0 | $4,800 | $0 | $1,628 | $0 | $8,347 | $0 | $169,871 | $0 | $0 | $0 |
| SARA WHITTAKER | ||||||||||||||
| ASST VP OF COMMUNICATIONS & MARKETIN | $129,499 | $0 | $0 | $0 | $4,800 | $0 | $8,988 | $0 | $11,254 | $0 | $154,541 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 4A | FormAndLineReferenceDesc |
| Explanation | J. BRYAN BENCHOFF - $295,000 | ExplanationTxt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 111 | ContributionCnt |
| Noncash Contributions Rpt F990 | $3,822,109 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | MARKET VALUE | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | OTHER - EQUIPMENT | 2 | $21,470 | MARKET VALUE |
| Yes (X) | OTHER - FOOD AND BEVERAGE | 1 | $776 | MARKET VALUE |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 32B: | FormAndLineReferenceDesc |
| 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 | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 PART V QUESTION 4B | LSU FOUNDATION DOES NOT OWN 50% OR MORE OF THE PROFITS OR CAPITAL OF THE FOREIGN PARTNERSHIPS IN WHICH IT IS INVESTED; ALSO, LSU FOUNDATION DOES NOT HAVE SIGNATURE AUTHORITY OVER THE FOREIGN FUNDS; THEREFORE, THE FOUNDATION IS NOT REQUIRED TO FILE FORM TD F 90-22.1 FOR THE FISCAL YEAR ENDED JUNE 30, 2021. |
| FORM 990, PART VI, SECTION A, LINE 6 | THE LSU FOUNDATION HAS MEMBERS. THESE MEMBERS DO NOT RECEIVE BENEFITS OF ANY KIND. |
| FORM 990, PART VI, SECTION A, LINE 7A | BOARD MEMBERS ARE ELECTED BY THE BOARD OF DIRECTORS OF THE LSU FOUNDATION. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE CFO PROVIDED THE FORM 990 TO THE AUDIT COMMITTEE FOR DETAILED REVIEW AND FEEDBACK. ONCE UPDATED FOR ANY FEEDBACK, THE CFO PROVIDED A COPY OF THE FORM 990 TO THE ENTIRE BOARD OF DIRECTORS AND SOUGHT 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, AND TO INDICATE WHETHER THEY, ANY IMMEDIATE FAMILY MEMBER, OR COMPANY WITH WHICH THEY OR AN IMMEDIATE FAMILY MEMBER ARE AFFILIATED, HAVE OR IS SEEKING CONTRACTUAL RELATIONS WITH THE LSU FOUNDATION OR LSU. THE FOUNDATION'S VP AND GENERAL COUNSEL REVIEWS SUCH STATEMENTS FOR IDENTIFICATION OF POTENTIAL CONFLICTS. PRIOR TO EXECUTION OF ALL WRITTEN CONTRACTS FOR SERVICES, THE FOUNDATION REQUIRES THE VENDOR TO COMPLETE A DISCLOSURE STATEMENT LISTING THE VENDOR'S PRINCIPALS, AND AFFIRMING THAT NONE OF THE PRINCIPALS IS AN LSU EMPLOYEE OR IMMEDIATE FAMILY MEMBER OF AN LSU EMPLOYEE, NONE IS AN LSU FOUNDATION OFFICER, DIRECTOR OR EMPLOYEE, AND NO LSU OFFICER OR DIRECTOR CURRENTLY HAS OR IS SEEKING CONTRACTUAL RELATIONS WITH THE VENDOR. THE VP AND GENERAL COUNSEL ADDRESSES ANY UNRESOLVED CONCERNS REGARDING POTENTIAL CONFLICTS OF INTEREST WITH THE BOARD OF DIRECTORS OR ITS CHAIRMAN. THE BOARD OF DIRECTORS REVIEWS THE CONFLICT OF INTEREST POLICY FOR NEEDED UPDATES ON A SCHEDULED PERIODIC BASIS. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE FOUNDATION GATHERED EXTERNAL, INDEPENDENT SALARY SURVEYS OF EXECUTIVE COMPENSATION FROM RELEVANT PEER GROUPS. THE FOUNDATION'S TALENT MANAGEMENT COMMITTEE REVIEWED AND DISCUSSED THE SURVEYS DURING EXECUTIVE SESSION IN CONJUNCTION WITH AN ANNUAL REVIEW OF COMPENSATION FOR OFFICERS. THE TALENT MANAGEMENT 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 XII LINE 2C | THERE HAVE BEEN NO CHANGES FROM THE PREVIOUS FORM 990. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Direct Controlling NADirectControllingNACd | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| LSU PROPERTY FOUNDATION | ||||||||||
| 3796 NICHOLSON DRIVE | BATON ROUGE | LA | 70802 | 721295979 | FOSTER SUPPORT VIA GIFTS OF REAL ESTATE & EQUIP. FOR LSU & AG CENTER | LA | 501(C)(3) | LINE 5 | N/A | 0 |
| LSU REAL ESTATE AND FACILITIES FOUNDATION | ||||||||||
| 3796 NICHOLSON DRIVE | BATON ROUGE | LA | 70802 | 812900408 | FOSTER & SUPPORT VIA GIFTS OF REAL ESTATE & EQUIPMENT FOR ALL LSU CAMPUSES | LA | 509(A)(3) | LINE 12 | N/A | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (1) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (8 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| LSU PROPERTY FOUNDATION | ||
| B | $254,499 | CASH |
| LSU PROPERTY FOUNDATION | ||
| D | $2,979,452 | LOAN AMOUNT |
| LSU PROPERTY FOUNDATION | ||
| O | ||
| LSU REAL ESTATE AND FACILITIES FOUNDATION | ||
| C | $2,314,495 | CASH |
| LSU PROPERTY FOUNDATION | ||
| C | $2,159,111 | CASH |
| LSU REAL ESTATE AND FACILITIES FOUNDATION | ||
| O | ||
| LSU REAL ESTATE AND FACILITIES FOUNDATION | ||
| B | $1,325,165 | CASH |
| LSU REAL ESTATE AND FACILITIES FOUNDATION | ||
| D | $11,514,366 | LOAN AMOUNT |