2017-05-12T15:34:01-05:00 2016-06-30 721202445 POSTLETHWAITE & NETTERVILLE 8550 UNITED PLAZA BLVD SUITE 1001 BATON ROUGE LA 70809 990 2015-07-01 726020969 L S U FOUNDATION LSUF 2255783811 3796 NICHOLSON DRIVE BATON ROUGE LA 70802 GINA M DUGAS CHIEF FINANCIAL OFFICER 2255784341 2017-05-10 1 RALPH STEPHENS P00638118 2259224600 2015 2021-01-29 14:40:06Z X GINA M DUGAS 3796 NICHOLSON DRIVE BATON ROUGE LA 70802 165726689 0 X WWW.LSUFOUNDATION.ORG X 1960 LA THE LSU FOUNDATION CULTIVATES AND INVESTS IN PHILANTHROPIC PARTNERSHIPS TO SUPPORT AND ADVANCE LSU'S ACADEMIC PRIORITIES. 29 29 97 29 0 -133065 41227722 38427561 0 0 14932864 14156011 1253397 1323749 57413983 53907321 48254262 25599739 0 0 7214197 7217369 0 0 4563863 10813058 21098917 66281517 53916025 -8867534 -8704 624938041 604826414 143901018 146921322 481037023 457905092 X THE LSU FOUNDATION CULTIVATES AND INVESTS IN PHILANTHROPIC PARTNERSHIPS TO SUPPORT AND ADVANCE LSU'S ACADEMIC PRIORITIES. 0 0 15778168 9123850 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. 4599041 4083246 CHAIRS AND PROFESSORSHIPS: EXPENSES TO DIRECTLY SUPPORT THE SCHOLARLY ACTIVITIES OF OVER 800 SPECIFICALLY DESIGNATED CHAIRS AND PROFESSORSHIPS AVAILABLE TO LSU'S DISTINGUISHED FACULTY. 17147873 8136888 CAPITAL OUTLAY - ACQUISITION OF EQUIPMENT AND CONSTRUCTION OF FACILITIES FOR USE IN THE ACADEMIC RESEARCH ENDEAVORS OF THE UNIVERSITY. THE MAJORITY OF THESE EXPENSES ARE RELATED TO THE CONSTRUCTION OF LSU CENTER FOR PHILANTHROPY. 5749320 4255755 OTHER PROGRAM SERVICES INCLUDE: (1) SALARY SUPPORT FOR ACADEMIC PURPOSES, (2) INSTITUTION-WIDE ACADEMIC PROGRAMS, SUCH AS PRESIDENT'S DISTINGUISHED 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) FINANCIAL SUPPORT TO UNDERGRADUATE AND GRADUATE STUDENTS THROUGH APPROXIMATELY 1,600 AVAILABLE SCHOLARSHIPS AND FELLOWSHIPS. 5749320 4255755 43274402 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 0 1 0 0 1 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 X 155 0 97 1 1 1 1 CJ VI 0 0 0 1 1 0 0 0 0 X 29 29 0 0 1 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AK AZ AR CA CO DC HI KY MD MA MI MN NH NJ NY OH OK OR PA SC UT WA WV WI AL CT FL GA IL KS ME MS MO NM NC ND RI TN VA X GINA M DUGAS 2255783811 3796 NICHOLSON DR BATON ROUGE LA 70802 MARK K ANDERSON DIRECTOR 1.00 X 0 0 0 J HERBERT BOYDSTUN DIRECTOR 1.00 X 0 0 0 J TERRELL BROWN DIRECTOR 1.00 X 0 0 0 CLARENCE P CAZALOT JR TREASURER 1.50 2.00 X X 0 0 0 ROBERT H CROSBY III DIRECTOR 1.00 X 0 0 0 LAURA L DAUZAT DIRECTOR 1.50 2.00 X 0 0 0 WILLIAM T FIRESHEETS II DIRECTOR 1.50 2.00 X 0 0 0 BEAU FOURNET DIRECTOR 1.00 X 0 0 0 T CASS GAIENNIE CHAIRPERSON 2.00 X X 0 0 0 G LEE GRIFFIN DIRECTOR 1.50 2.00 X 118379 0 4677 FRANK W HARRISON III DIRECTOR 1.50 2.00 X 0 0 0 ROGER W JENKINS DIRECTOR 1.00 X 0 0 0 GARY L LABORDE DIRECTOR 1.00 X 0 0 0 CHARLES A LANDRY DIRECTOR 1.50 2.00 X 0 0 0 LAURA A LEACH DIRECTOR 1.00 X 0 0 0 DAVID B MEANS III DIRECTOR 1.00 X 0 0 0 ADRIAN V MITCHELL DIRECTOR 1.00 X 0 0 0 THE HONORABLE W HENSON MOORE III DIRECTOR 1.50 2.00 X 0 0 0 DR MARY T NEAL DIRECTOR 1.00 X 0 0 0 JAMES R PELTIER DIRECTOR 1.00 X 0 0 0 D MARTIN PHILLIPS DIRECTOR 1.50 2.00 X 0 0 0 SEAN REILLY DIRECTOR 1.50 2.00 X 0 0 0 JOHN F SHACKELFORD III DIRECTOR 1.00 X 0 0 0 JEFFREY N SPRINGMEYER DIRECTOR 1.00 X 0 0 0 ROBERT M STUART JR CHAIRPERSON-ELECT 2.00 X X 0 0 0 SUE W TURNER DIRECTOR 1.00 X 0 0 0 BURTON D WEAVER JR DIRECTOR 1.00 X 0 0 0 FELIX R WEILL DIRECTOR 1.50 2.00 X 0 0 0 FREDERICK E WOLFERT DIRECTOR 1.00 X 0 0 0 STEPHEN MORET PRESIDENT & CEO 40.00 0.50 X 206054 0 14883 WILLIAM L SILVIA JR CORPORATE SECRETARY 1.00 0.30 X 0 0 0 GINA M DUGAS CHIEF FINANCIAL OFFICER 40.00 2.00 X 204611 0 13479 GEORGE T MOSS CHIEF INVESTMENT OFFICER 40.00 X 203738 0 20897 ANN M MARMANDE-FRENZEL VP FOR DEVELOPMENT 40.00 X 165727 0 16001 YVETTE MARSH DIRECTOR OF TALENT MANAGEMENT 40.00 X 150900 0 6929 DANIEL BOZARD ASSOC. VP OF DEVEOPMENT 40.00 X 122404 0 13288 STEVEN COVINGTON DIRECTOR OF DEVELOPMENT 40.00 X 109965 0 17211 SARA WHITTAKER DIRECTOR OF COMMUNICATIONS 40.00 X 105355 0 12869 KATHARINE SPIKES CONTROLLER 40.00 1.00 X 103456 0 16799 1490589 0 137033 10 0 1 0 ELLUCIAN COMPANY LP 62578 COLLECTION CENTER DR CHICAGO IL 60693 DATABASE CONSULTING SERVICES 304220 FUND EVALUATION GROUP PO BOX 71-5060 COLUMBUS OH 432715060 INVESTMENT CONSULTING 233365 ADAMS & REESE LLP DEPT 5208 PO BOX 2153 BIRMINGHAM AL 352875208 ATTORNEYS AT LAW 205000 3 232547 38195014 2488151 38427561 9932845 9932845 15057 15057 115698454 111475288 4223166 4223166 4223166 215098 232547 344080 -128982 -128982 FUND MANAGEMENT FEES 541900 1437674 1437674 1437674 53907321 1437674 0 14042086 25599739 25599739 999988 630922 369066 5178832 2389797 2789035 154026 80428 73598 488147 254897 233250 396376 189399 206977 71658 71658 79750 79750 409400 409400 2555763 2205445 100319 249999 63579 63579 1263682 973606 178462 111614 1028662 990990 37672 219858 206513 13345 1159664 1128696 11914 19054 185248 120797 64451 1513 1513 10409224 10409224 25798 25798 208504 208504 OFFICIAL UNIV. FUNCTION 1843679 1843679 UNIVERSITY SUPPORT 1114013 1114013 DEVELOPMENT/PROMOTION 289953 22892 267061 DUES AND SUBSCRIPTIONS 107937 42775 65162 61032 61032 53916025 43274402 6077760 4563863 28096700 33015488 31626940 23566839 260602 449318 99569 118247 106638 27688 8472343 1370780 6615779 7101563 377306571 353413195 161988503 167747682 18836739 19386394 624938041 604826414 4836291 5448182 600000 800000 138464727 140673140 143901018 146921322 X 38225152 32509895 207142742 175248035 235669129 250147162 481037023 457905092 624938041 604826414 -8704 -23123227 0 X X 0 1 X 1 0 X 25492232 32426470 65510882 41227722 38431851 203089157 25492232 32426470 65510882 41227722 38431851 203089157 8714177 194374980 6373689 7031957 2034316 8631991 9943613 34015566 237104723 7688178 0.81980 0.82100 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 4229437 X X X X X COMMUNITY EDUCATIONAL PROGRAMS 1 332917712 16417303 -21887338 6109154 3000000 318338523 328567473 20159093 -9210427 6598427 332917712 309096144 7316066 17773310 5618047 328567473 285053783 7594770 21454050 5197468 -191009 309096144 290234027 11030519 -15902365 308398 285053783 0.01590 0.78580 0.19830 0 0 2291592 2291592 1283202 1247922 35280 4897549 122858 4774691 7101563 COMMINGLED FUNDS 12775426 F PRIVATE EQUITY 55403606 F HEDGED FUNDS 90364112 F ROYALTY INTERESTS 154084 F GROUP VARIABLE ANNUITY 9050454 F 167747682 FUNDS MANAGED FOR OTHER ENTITIES 140376629 COMPENSATED ABSENCES PAYABLE 296511 140673140 X 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 INCOME TAX 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. EAST ASIA AND THE PACIFIC 0 0 FUNDRAISING SOUTH AMERICA 0 0 FUNDRAISING MIDDLE EAST AND NORTH AFRICA 0 0 FUNDRAISING NORTH AMERICA 0 0 FUNDRAISING CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 113395996 EUROPE 0 0 FUNDRAISING SUB-SAHARAN AFRICA 0 0 FUNDRAISING 0 0 0 0 0 0 113395996 0 113395996 0 0 0 1 1 0 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 - $60,229 2) MIDDLE EAST AND NORTH AFRICA - $530 3) NORTH AMERICA (NOT INCLUDING UNITED STATES) - $3,945 4) SOUTH AMERICA - $200 5) EUROPE - $23,596 6) CENTRAL AMERICA & THE CARIBBEAN - $250 7) AUSTRALIA - $225 GOLF TOURNAMENT 50955 34377 16578 18856 11880 6545 414 LSU 100: FASTEST GROWING 49000 39025 9975 28793 6823 22 347690 159145 188545 1600 5432 32157 97670 50051 83859 447645 232547 215098 1600 24288 44037 104215 78844 91096 344080 -128982 1 LOUISIANA STATE UNIVERSITY 204 THOMAS BOYD HALL BATON ROUGE LA 70803 726000848 501(C)(3) 25599739 UNIVERSITY ACADEMIC AND RESEARCH SUPPORT, INCLUDING SCHOLARSHIPS, GRADUATE FELLOWSHIPS AND FACULTY CHAIRS AND PROFESSORSHIPS. 1 0 PART I, LINE 2: 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. X 1 1 X X X X 0 0 0 0 0 0 0 0 0 STEPHEN MORET PRESIDENT & CEO 197254 0 0 0 8800 0 7767 0 7116 0 220937 0 0 0 GINA M DUGAS CHIEF FINANCIAL OFFICER 196211 0 0 0 8400 0 8336 0 5143 0 218090 0 0 0 GEORGE T MOSS CHIEF INVESTMENT OFFICER 195338 0 0 0 8400 0 8336 0 12561 0 224635 0 0 0 ANN M MARMANDE-FRENZEL VP FOR DEVELOPMENT 157327 0 0 0 8400 0 6873 0 9128 0 181728 0 0 0 YVETTE MARSH DIRECTOR OF TALENT MANAGEMENT 142500 0 0 0 8400 0 5856 0 1073 0 157829 0 0 0 X 1586 MARKET VALUE X 85 2468400 MARKET VALUE X 75 17315 OPINION OF EXPERTS X EVENT TICKETS 3 850 MARKET VALUE 0 1 1 PART I, LINE 32B: 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 3) AUCTION HOUSES - SELL DONATED ART, WHEN APPLICABLE 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, 2016. FORM 990, PART VI, SECTION A, LINE 4 DURING THE FISCAL YEAR, CHANGE WERE MADE TO THE ORGANIZATION'S BYLAWS TO ADJUST THE TERMS OF SERVICE FOR OFFICERS AND THE COMPOSITION OF THE BOARD OF DIRECTORS AND EXECUTIVE COMMITTEE. 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 11 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. THE FOUNDATION'S VP AND LEGAL COUNSEL REVIEWS SUCH DISCLOSURE STATEMENTS FOR IDENTIFICATION OF POTENTIAL CONFLICTS. ALSO, PRIOR TO EXECUTION OF ALL CONTRACTS, THE FOUNDATION REQUIRES THE VENDOR TO COMPLETE A DISCLOSURE STATEMENT LISTING THE PRINCIPLES 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. THE VP AND LEGAL COUNSEL ADDRESSES ANY CONCERNS REGARDING POTENTIAL CONFLICTS OF INTEREST WITH THE BOARD OF DIRECTORS. ADDITIONALLY, THE BOARD PERIODICALLY PERFORMS A DETAILED REVIEW OF THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE FOUNDATION GATHERED EXTERNAL, INDEPENDENT SALARY SURVEYS OF EXECUTIVE COMPENSATION FOR RELEVANT PEER GROUPS. THE FOUNDATION'S EXECUTIVE COMMITTEE REVIEWED AND DISCUSSED THE SURVEYS DURING EXECUTIVE SESSION IN CONJUNCTION WITH AN ANNUAL REVIEW OF COMPENSATION FOR OFFICERS. THE EXECUTIVE 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. CARY ESTATE PROPERTY - SURFACE LLC 3796 NICHOLSON DRIVE BATON ROUGE LA 70802 463195212 INVESTMENT LA -2232 1509667 L S U FOUNDATION CARY ESTATE PROPERTY - WORKING INTERESTS LLC 3796 NICHOLSON DRIVE BATON ROUGE LA 70802 463203356 INVESTMENT LA 0 0 L S U FOUNDATION CARY ESTATE PROPERTY - NON-WORKING INTERESTS LLC 3796 NICHOLSON DRIVE BATON ROUGE LA 70802 463210371 INVESTMENT LA 0 0 L S U FOUNDATION 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 MARINE PROPERTY FOUNDATION 3796 NICHOLSON DRIVE BATON ROUGE LA 70802 710865718 FOSTER SUPPORT VIA GIFTS OF MARINE VESSELS FOR LSU & AG CENTER LA 501(C)(3) LINE 7 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 11A N/A 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 LSU PROPERTY FOUNDATION B 10555332 CASH LSU PROPERTY FOUNDATION D 741293 LOAN AMOUNT LSU PROPERTY FOUNDATION N 0 LSU PROPERTY FOUNDATION O 0 LSU REAL ESTATE AND FACILITIES FOUNDATION N 0