2018-11-13T09:05:07-06:00 2018-06-30 720398470 HEARD MCELROY & VESTAL LLC 333 TEXAS STREET SUITE 1525 SHREVEPORT LA 71101 990 2017-07-01 721402222 LSU HEALTH SCIENCES FOUNDATION SHREVEPORT LSUH 3188610855 920 PIERREMONT ROAD NO 506 SHREVEPORT LA 71106 KEVIN FLOOD CEO 3188610855 2018-11-02 1 AIMEE P MCFARLAND P01492592 3184291525 2018-11-03 12.188.218.34 2018-11-02 09:27:46 CD P C626ED0A3609ED1F84E7C79648EAE1E78CA6E98B 4464686ABB5ED616B2AFEB12B638D50FD3BF3586 2017 2019-02-21 02:37:17Z KEVIN FLOOD 920 PIERREMONT ROAD NO 506 SHREVEPORT LA 71106 10827988 0 X WWW.LSUHSFOUNDATION.ORG X 1997 LA THE SOLE MISSION OF THE FOUNDATION IS TO INSPIRE DONORS TO INVEST IN LSU HEALTH SHREVEPORT AND TO PROPERLY STEWARD CONTRIBUTIONS TOWARD ITS SUPPORT. 17 17 11 25 0 0 4196781 3036202 0 0 5100015 4051940 2070840 2130058 11367636 9218200 7110011 7275824 0 0 861098 860894 0 0 587078 545528 466990 8516637 8603708 2850999 614492 201950696 205801734 64328180 62071174 137622516 143730560 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 7275824 7275824 2249942 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. 7275824 1 1 0 1 0 0 0 0 1 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 1 49 0 1 11 1 0 0 0 0 0 1 1 0 0 0 0 X 17 17 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 3188610855 920 PIERREMONT ROAD NO 506 SHREVEPORT LA 71106 NANCY GERMANY DIRECTOR/ALUMNI COUNCIL CHAIR 2.00 0.50 X 0 0 0 SHANE BRIDGES DIRECTOR 2.00 0.50 X 0 0 0 P MICHAEL ADKINS CFA DIRECTOR/AUDIT CHAIR 2.00 0.50 X 0 0 0 JAMES HOBLEY DIRECTOR 2.00 0.50 X 0 0 0 BUBBA RASBERRY DIRECTOR 2.00 0.50 X 0 0 0 VALARIE JAMISON DIRECTOR 2.00 0.50 X 0 0 0 KEVIN MCCOTTER DIRECTOR 2.00 0.50 X 0 0 0 KATY MERRIMAN DIRECTOR/DEV. & GOV. CHAIR 2.00 0.50 X 0 0 0 DARYL MITCHELL MD DIRECTOR 2.00 0.50 X 0 0 0 CATHERINE W MITTON DIRECTOR 2.00 0.50 X 0 0 0 LINDA C SELL CPA DIRECTOR 2.00 0.50 X 0 0 0 ARMAND ROOS DIRECTOR/INVESTMENT CHAIR 2.00 0.50 X 0 0 0 LEE ABRAHAM III DIRECTOR 2.00 0.50 X 0 0 0 EDWARD CRAWFORD III TREASURER/FINANCE CHAIR 2.00 0.50 X X 0 0 0 ROBERT G PUGH JR SECRETARY 2.00 0.50 X X 0 0 0 RAND H FALBAUM VICE CHAIR 2.00 0.50 X X 0 0 0 J MARK GARRETT CPA BOARD & EXECUTIVE CHAIR/PE 6.00 0.50 X X 0 0 0 KEVIN FLOOD PRESIDENT & CEO 40.00 0.50 X 146893 0 0 BRIGETTE ROSE CFO 40.00 0.50 X 0 0 0 DANNY GARCEAU FORMER CFO 40.00 0.50 X 131774 0 0 278667 0 0 2 1 0 0 VICTOR YICK 2 HAVILAND COURT STAMFORD CT 06903 LSUHSC CONSULTING SERVICE 528000 BRUCE SOLOMON CONSULTANT LLC 45 VIEW ROAD EAST SETAUKET NY 11733 LSUHSC CONSULTING SERVICE 395500 ECG MANAGEMENT CONSULTANTS LLC 1111 THIRD AVE SUITE 2500 SEATTLE WA 98101 LSUHSC CONSULTING SERVICE 107742 3 637834 2398368 69286 3036202 3613760 3613760 1853234 1415054 438180 438180 438180 74850 637834 194734 -119884 -119884 MANAGEMENT FEE INCOME 900099 2249942 2249942 2249942 9218200 2249942 0 3932056 7275824 7275824 280498 199898 80600 444562 150677 293885 83987 37458 46529 51847 25231 26616 59325 35198 24127 27981 27981 122660 74208 48452 5129 5129 15725 11794 3931 66443 49832 16611 4982 498 4484 38458 38458 MAINTENANCE AGREEMENTS 36356 27267 9089 MEALS & ENTERTAINMENT 27752 23713 4039 BANK CHARGES 12766 12766 TELEPHONE EXPENSE 8582 4291 4291 40831 21536 19295 8603708 7275824 740806 587078 1462811 2575184 3000 200000 136347 125361 30698 23147 83799 83799 0 0 194615450 197072366 172865 179450 5529525 5626226 201950696 205801734 1026142 2458564 53956268 49822342 9345770 9790268 64328180 62071174 X 16837878 20582194 105629747 106848323 15154891 16300043 137622516 143730560 201950696 205801734 X 614492 5493547 5 X X 0 1 X 1 0 X X 1 LSU HEALTH SCIENCES CENTER 720702002 3 1 7275824 0 1 7275824 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 IV, SEC B, QUESTION 1 THERE IS AN AFFILIATION AGREEMENT BETWEEN THE FOUNDATION AND THE LSU BOARD OF SUPERVISORS, WHICH DEFINES AND GOVERNS RESPONSIBILITIES AND AUTHORITIES. 48200 48200 8750242 8798442 589922 147481 0 0 498163 607704 600798 589922 2296587 3444881 36000 36000 36000 48200 156200 124541 151926 150200 147481 574148 861222 PART II-B, LINE 1: THE FOUNDATION PAID $48,200 TO SOUTHERN STRATEGY, A PROFESSIONAL LOBBYING ORGANIZATION, FOR THE PURPOSE OF OBTAINING ADDITIONAL FUNDING FOR THE LSU HEALTH SCIENCES CENTER. 0 1 X 112993198 1390823 8851951 4096332 1628327 117511313 102452356 2228331 13546821 3975245 1259065 112993198 105873926 620619 647235 3306584 1382840 102452356 105190526 1810729 2674384 2351813 1449900 105873926 92996370 1521202 15033570 2951049 1409567 105190526 0.83000 0.13000 0.04000 0 0 83799 83799 0 0 DUE TO LSU HEALTH SHREVEPORT-BOR 9790268 9790268 X 14906480 5493547 5493547 9412933 -194733 -194733 9218200 8798442 194735 194735 8603707 1 1 8603708 PART IV, LINE 2B: IN 1986, THE LSU BOARD OF SUPERVISORS RECEIVED A SUBSTANTIAL MONETARY BEQUEST FROM MALCOLM W. FEIST, WHO SPECIFIED IN HIS TESTAMENT THAT THE BEQUEST WAS TO BE USED FOR THE BENEFIT OF LSU HEALTH SCIENCES CENTER AT SHREVEPORT. AN AGREEMENT WAS EXECUTED ON MAY 9, 2012 BETWEEN THE LSU BOARD OF SUPERVISORS AND THE FOUNDATION AUTHORIZING THE FOUNDATION TO PROVIDE MANAGEMENT AND INVESTMENT SERVICES FOR THESE FUNDS, IN RETURN FOR WHICH THE FOUNDATION IS ENTITLED TO A MONTHLY MANAGEMENT FEE. THE AGREEMENT IS EFFECTIVE JULY 1, 2012. THE AGREEMENT SPECIFIES THAT MFEIST LEGACY FUNDS WILL REMAIN STATE FUNDS OWNED BY THE BOARD OF SUPERVISORS. THE FUNDS WILL BE USED FOR PURPOSES CONSISTENT WITH THE DONOR'S EXPRESS INTENT AND DEEMED APPROPRIATE BY THE CHANCELLOR OF LSU HEALTH SCIENCES CENTER AT SHREVEPORT; THE CHANCELLOR'S APPROVAL IS REQUIRED FOR WITHDRAWAL. WHILE THE FUNDS REMAIN STATE-OWNED, THE FOUNDATION WILL ACT AS AGENT AS DESCRIBED IN THE PROVISIONS OF FASB ASC 958, AND THEREFORE RECORD AN ASSET AND LIABILITY FOR THE AMOUNT TRANSFERRED. PART V, LINE 4: THE ENDOWMENT FUNDS ARE USED TO SUPPORT, ENHANCE AND ASSIST THE LSU HEALTH SCIENCES CENTER AT SHREVEPORT IN ITS MANY ENDEAVORS. PART X, LINE 2: THE LSU HEALTH SCIENCES FOUNDATION IN SHREVEPORT AND THE LSU HEALTH SCIENCES BUILDING FOUNDATION IN SHREVEPORT QUALIFY AS TAX-EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE FINANCIAL STATEMENTS, BUT THE FOUNDATION AND BUILDING FOUNDATION ARE REQUIRED TO FILE AN ANNUAL INFORMATION RETURN. THE FOUNDATION AND BUILDING FOUNDATION ARE ALSO REQUIRED TO REVIEW VARIOUS TAX POSITIONS THEY HAVE TAKEN WITH RESPECT TO THEIR EXEMPT STATUS AND DETERMINE WHETHER IN FACT THEY ARE TAX EXEMPT ENTITIES. THE FOUNDATION AND BUILDING FOUNDATION MUST ALSO CONSIDER WHETHER IT HAS NEXUS IN JURISDICTIONS IN WHICH THEY HAVE INCOME AND WHETHER A TAX RETURN IS REQUIRED IN THOSE JURISDICTIONS. IN ADDITION, AS TAX EXEMPT ENTITIES, THE FOUNDATION AND BUILDING FOUNDATION MUST ASSESS WHETHER THEY HAVE ANY TAX POSITIONS ASSOCIATED WITH UNRELATED BUSINESS INCOME SUBJECT TO INCOME TAX. THE FOUNDATION AND BUILDING FOUNDATION DO NOT EXPECT THEIR 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 AND BUILDING FOUNDATION'S ACCOUNTING RECORDS. THE FOUNDATION AND BUILDING FOUNDATION FILE U.S. FEDERAL FORM 990 FOR INFORMATIONAL PURPOSES. THE FOUNDATION'S AND BUILDING FOUNDATION'S FEDERAL INCOME TAX RETURNS FOR THE TAX YEARS 2014 AND BEYOND REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. PART XI, LINE 4B - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES -194,735. ROUNDING 2. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 194,735. PART XII, LINE 4B - OTHER ADJUSTMENTS: ROUNDING 1. EVENING FOR HEROES 462064 412314 49750 17008 57438 50959 LIFESAVERS GALA 250620 225520 25100 5740 42862 1100 19627 712684 637834 74850 22748 100300 1100 70586 194734 -119884 1 LSU HEALTH SCIENCES CENTER SHREVEPORT 1501 KINGS HWY SHREVEPORT LA 71103 720702002 501(C)3 7275824 SUPPORT LSU HEALTH SCIENCES CENTER 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. X X X X 0 0 0 0 0 0 0 0 0 DANNY GARCEAU FORMER CFO 131774 0 0 0 0 0 0 0 0 0 131774 0 0 0 X 1 10279 SECURITIES EXCHANGE X ITEMS RELATED TO LIFE SAVERS AUCTION 7 59007 COMPARABLE SALES 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE PRESIDENT AND CFO IN CONJUNCTION WITH THE FINANCE OR AUDIT 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 PERSONELL COMMITTEE OF 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 9: ROUNDING 5. 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 STE 506 SHREVEPORT LA 71106 760836777 CURRENTLY INACTIVE - PURPOSE WAS TO HOLD REAL ESTATE LA FOUNDATION GENERAL HOLDINGS LLC 920 PIERREMONT RD STE 506 SHREVEPORT LA 71106 450540635 CURRENTLY INACTIVE - PURPOSE WAS TO PURCHASE AND/OR HOLD REAL PROPERTY LA INTERMODAL TRANSIT FACILITY LLC 920 PIERREMONT RD STE 506 SHREVEPORT LA 71106 340411959 CURRENTLY INACTIVE - PURPOSE WAS TO BUILD A PARKING FACILITY LA LSU HEALTH SCIENCES CENTER SHREVEPORT 1501 KINGS HWY SHREVEPORT LA 71103 720702002 MEDICAL SCHOOL/HOSPITAL LA 501(C)3 2 N/A 0 LSU HEALTH SCIENCES BUILDING FOUNDATION IN SHREVEPORT 920 PIERREMONT RD STE 506 SHREVEPORT LA 71106 462032249 HOLDS REAL ESTATE FOR THE BENEFIT OF THE LSU HEALTH SCIENCES FOUNDATION LA 501(C)3 LINE 12A, I N/A 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 LSU HEALTH SCIENCES CENTER SHREVEPORT B 7275824 ACCRUAL LSU HEALTH SCIENCES BUILDING FOUNDATION IN SHREVEPORT D 5626226 ACCRUAL LSU HEALTH SCIENCES BUILDING FOUNDATION IN SHREVEPORT O 280498 ACCRUAL