2023-11-15T16:52:54-06:00 2022-12-31 135565207 KPMG LLP 301 MAIN STREET SUITE 2150 BATON ROUGE LA 70801 990 2022-01-01 582019715 THE WILBUR MARVIN FOUNDATION WILB 2259247206 450 MAIN STREET BATON ROUGE LA 70802 ANDREW MCMAINS ASSISTANT SECRETARY 2259247206 2023-11-14 1 ANDREW MCMAINS 999009999 0 RYAN HOOKS P00746825 2253444000 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ANDREW MCMAINS 450 MAIN STREET BATON ROUGE LA 70802 1528014 0 X N/A X 1992 LA FUNDING TAX EXEMPT ORGS. WHICH ARE OPERATED TO SUPPORT CHARITABLE, SCIENTIFIC, LITERARY OR EDUCATIONAL ACTIVITIES THAT WILL EFFECTIVELTY PROMOTE THE WELL-BEING OF MAN-KIND. 7 4 0 4 0 0 6402561 1210000 0 0 -1142581 -1908223 139091 145764 5399071 -552459 0 500000 0 0 0 0 0 0 0 2450047 2392718 2450047 2892718 2949024 -3445177 123732064 115988687 49710368 45483073 74021696 70505614 X THE CORPORATION IS ORGANIZED AND SHALL BE OPERATED FOR THE BENEFIT AND SUPPORT OF THE BATON ROUGE AREA FOUNDATION AND SUCH OTHER ORGANIZATIONS WHICH ARE EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE CODE, ARE NON-PRIVATE FOUNDATIONS AS DESCRIBED IN SECTION 509(A)(1) OR (A)(2) OF THE CODE, AND ARE ORGANIZED AND OPERATED TO SUPPORT SUCH CHARITABLE, BENEVOLENT, CIVIC, MORAL, RELIGIOUS, ARTS, CULTURAL, MEDICAL, AND EDUCATIONAL USES AND PURPOSESAS WILL MOST EFFECTIVELY ASSIST, ENCOURAGE, AND PROMOTE THE WELL-BEING OF MANKIND. 0 0 1638580 500000 THE ORGANIZATION HAS ACHIEVED ITS EXEMPT PURPOSE BY SUPPORTING BATON ROUGE AREA FOUNDATION (BRAF) IN AREAS SUCH AS FACILITATING MISSION-RELATED REAL ESTATE PROJECTS AND DISTRIBUTING FUNDS TO BRAF AND VARIOUS OTHER CHARITABLE, CULTURAL, RELIGIOUS, EDUCATIONAL, AND CIVIC ORGANIZATIONS. 1638580 1 1 0 0 0 0 0 0 0 0 1 1 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 1 1 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 7 4 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 0 0 1 0 X THE WILBUR MARVIN FOUNDATION 2259247206 450 MAIN STREET BATON ROUGE LA 70802 JOHN G DAVIES PRESIDENT/CHAIRMAN 5.00 55.00 X X 0 689899 36622 CHARLES VALLUZZO AUDIT COMM CHAIR/DIRECTOR 5.00 X 0 0 0 CHRISTEL C SLAUGHTER SECRETARY/VP/DIRECTOR 5.00 X X 0 0 0 KEVIN LYLE DIRECTOR 5.00 X 0 0 0 JOHN W BARTON III DIRECTOR (MID 2022) 2.50 X 0 0 0 CHRIS MEYER DIRECTOR (MID 2022) 2.50 45.00 X 0 434790 25208 J GERARD JOLLY SECRETARY/TREASURER 5.00 30.00 X X 0 90000 0 ANDREW TY MCMAINS ASSISTANT SECRETARY 5.00 40.00 X 0 255586 77829 0 1470275 139659 0 0 1 0 0 1210000 1210000 -1908223 -1908223 2226237 2080473 145764 145764 145764 -552459 0 0 -1762459 500000 500000 139346 48000 91346 23548 23548 111844 111844 22339 22339 753949 753949 1090580 1090580 DUES AND SUBSCRIPTIONS 234090 234090 FEES AND LICENSES 17022 17022 2892718 1638580 1254138 0 14081 114597 1008 1008 5029592 754439 4400893 4275153 52450144 39919769 60745125 59206454 19971 37960 6100842 12433746 123732064 115988687 9864482 10574638 848911 4874691 38996975 30033744 49710368 45483073 X 74021696 70505614 74021696 70505614 123732064 115988687 X -3445177 -70905 X 0 1 X 1 0 X X 1 BATON ROUGE AREA FOUNDATION 726030391 7 1 1638580 0 1 1638580 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5029592 754439 4275153 4275153 39919769 C 39919769 WMFIBM CONDO 31043756 C WATER CAMPUS PROJECT 21760137 C IBM MONROE 6402561 C 59206454 ADVANCE RENT 163365 PROPERTY NOTE RECEIVABLE 12250376 OTHER ASSETS 20005 12433746 PROPERTY NOTES PAYABLE 25579676 OTHER LIABILITIES 249018 INCOME TAX PAYABLE 5050 CONTINGENT LIABILITY 4200000 30033744 X PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PROVIDE ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ENTITY IN ITS TAX RETURNS THAT MIGHT BE UNCERTAIN. THE FOUNDATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND MANAGEMENT HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE CONSOLIDATED FINANCIAL STATEMENTS. SCHEDULE D, PART VII - INVESTMENTS - CLOSELY HELD EQUITY INT INVESTMENT IN CAPITAL HOUSE 756,852 INVESTMENT IN HATO REY 1,415,454 INVESTMENT IN LADERAS -400,000 INVESTMENT IN CPMC 4,854,533 INVESTMENT IN CPRT LLC 33,292,930 0 BATON ROUGE AREA FOUNDATION 100 NORTH STREET SUITE 900 BATON ROUGE LA 70802 726030391 501(C)(3 375000 0 GENERAL SUPPORT UNIFIED JEWISH CONGREGATION OF BATON ROUGE 3354 KLEINERT AVENUE BATON ROUGE LA 70806 873862371 501(C)(3 100000 0 GENERAL SUPPORT MARY BIRD PERKINS CANCER FOUNDATION 4950 ESSEN LANE BATON ROUGE LA 70809 202046461 501(C)(3 25000 0 GENERAL SUPPORT 3 SCH I, PART I, LINE 2 THE WILBUR MARVIN FOUNDATION BOARD IS UPDATED AT LEAST ANNUALLY ON HOW GRANT RECIPIENTS USED GRANT FUNDS. 0 1 0 0 0 0 0 0 0 JOHN G DAVIES PRESIDENT/CHAIRMAN 0 255463 0 0 0 434436 0 16294 0 20328 0 726521 0 0 CHRIS MEYER DIRECTOR (MID 2022) 0 337540 0 86250 0 11000 0 0 0 25208 0 459998 0 0 ANDREW TY MCMAINS ASSISTANT SECRETARY 0 250586 0 5000 0 0 0 41000 0 36829 0 333415 0 0 PART I LINE 3 A RELATED TAX EXEMPT ORGANIZATION DETERMINES THE COMPENSATION OF AND PAYS THE PRESIDENT/ CHAIRMAN. THE RELATED ORGANIZATION'S BOARD CHAIR PREPARES AND DISTRIBUTES A CEO SURVEY TO ALL OF THE CURRENT BOARD MEMBERS OF THE RELATED ORGANIZATION. THE CHAIR COLLECTS THE COMPLETED SURVEYS AND PREPARES AN ANONYMOUS SUMMARY OF THE RESULTS. THE RELATED ORGANIZATION'S INDEPENDENT COMPENSATION COMMITTEE REVIEWS THE RESULTS AND USES THEIR KNOWLEDGE OF COMPARABLE DATA FROM SIMILAR FOUNDATION PEERS AND STANDARDS FROM SIMILAR POSITIONS WITHIN THE BATON ROUGE COMMUNITY TO DETERMINE THE CEO SALARY FOR THE NEXT YEAR. THE COMPENSATION COMMITTEE MAKES A RECOMMENDATION TO THE RELATED ORGANIZATION'S BOARD FOR THE CEO'S SALARY. THE BOARD APPROVES THE CEO'S SALARY. PART I LINE 4B JOHN DAVIES PARTICIPATES IN A RELATED ORGANIZATION'S NON-QUALIFIED DEFERRED COMPENSATION PLAN. THE PLAN IS DESIGNED TO PROVIDE A RETIREMENT SUPPLEMENT FOR EXECUTIVE PARTICIPANTS. JOHN DAVIES RECEIVED A $421,419 DISTRIBUTION FROM THE PLAN DURING THE TAX YEAR. THE AMOUNT REFLECTS EARNINGS ON THE ACCOUNT. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS OF BATON ROUGE AREA FOUNDATION APPOINTS 100% OF THE BOARD MEMBERS OF THE WILBUR MARVIN FOUNDATION. FORM 990, PART VI, SECTION B, LINE 11B AFTER PREPARATION BY KPMG LLP, MANAGEMENT REVIEWS THE FORM 990. PRIOR TO FILING THE FORM 990, EACH BOARD MEMBER AND OFFICER IS GIVEN THE FORM 990 INCLUDING REQUIRED SCHEDULES FOR REVIEW AND COMMENTS. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, EACH DIRECTOR AND OFFICER COMPLETES A CONFLICT OF INTEREST QUESTIONNAIRE WHICH IS REVIEWED BY THE GENERAL COUNSEL AND ANY CONFLICTS ARE DISCLOSED TO THE FULL BOARD. IF A POTENTIAL CONFLICT ARISES DURING THE YEAR, THE SITUATION IS REVIEWED BY THE CEO, BOARD CHAIR AND GENERAL COUNSEL. WITH ANY CONFLICT, THE CONFLICTED DIRECTOR IS EXCUSED FROM THE RELATED BOARD VOTE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES THE FORM 990 AVAILABLE UPON REQUEST. THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990 PART VI LINE 15A THE WILBUR MARVIN FOUNDATION DOES NOT HAVE ANY EMPLOYEES, THUS ITS PROCESS FOR DETERMINING COMPENSATION DOES NOT INCLUDE A REVIEW AND APPROVAL BY INDEPENDENT PERSONS, COMPARABILITY DATA, AND CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION. FORM 990, PART XI, LINE 9: BOOK/TAX DIFFERENCE IN INCOME FROM EQUITY INVESTEES -70,905. FORM 990 PART XI LINE 9 SECTION 1.263(A)-3(N) ELECTION - BOOK CONFORMITY ELECTION THE WILBUR MARVIN FOUNDATION IS MAKING THE ELECTION UNDER TREAS. REG. 1.263(A)-3(N) TO CAPITALIZE THOSE REPAIR AND MAINTENANCE COSTS THAT IT TREATS AS CAPITAL IMPROVEMENTS ON ITS BOOKS AND RECORDS FOR THE TAX YEAR ENDED DECEMBER 31, 2022. SECTION 1.263(A)-1(F) - DE MINIMIS SAFE HARBOR ELECTION THE WILBUR MARVIN FOUNDATION HEREBY MAKES THE DE MINIMIS SAFE HARBOR ELECTION UNDER SECTION 1.263(A)-1(F) OF THE TREASURY REGULATIONS, EFFECTIVE ONLY FOR THE TAX YEAR ENDING DECEMBER 31, 2022. TAXPAYER HAS AN APPLICABLE FINANCIAL STATEMENT FOR THE YEAR OF THE ELECTION. THIS ELECTION PERMITS THE TAXPAYER TO DEDUCT FOR TAX PURPOSES ANY ITEM DEDUCTED UNDER ITS BOOK POLICY THAT DOES NOT EXCEED $5,000 PER INVOICE (OR PER ITEM, AS SUBSTANTIATED BY THE INVOICE) OR ITEMS HAVING AN ECONOMIC USEFUL LIFE OF TWELVE MONTHS OR LESS AS DESCRIBED IN SECTION 1.263(A)-1(F)(1)(I). 5401 NORTH MANAGER LLC 450 MAIN ST BATON ROUGE LA 70801 364916964 REAL ESTATE LA 0 0 WMF BATON ROUGE AREA FOUNDATION 100 NORTH STREET SUITE 900 BATON ROUGE LA 70802 726030391 GRANT MAKING LA 501(C)(3) LINE 7 N/A 0 HELEN S BARNES TRUST PO BOX 3038 MILWAUKEE WI 53201 726092736 GRANT MAKING LA 501(C)(3) PF BRAF 0 EJ & MARJORY OURSO FAMILY FOUNDATION PO BOX 690 DONLADSONVILLE LA 70346 721303806 SUPPORT ORG LA 501(C)(3) LINE 12A, I BRAF 0 MILFORD WAMPOLD SUPPORT FOUNDATION 4171 ESSEN LANE BATON ROUGE LA 70809 721406374 SUPPORT ORG LA 501(C)(3) LINE 12A, I BRAF 0 NEWTON B THOMAS SUPPORT FOUNDATION 8183 W EL CAJON BATON ROUGE LA 70802 300169264 SUPPORT ORG LA 501(C)(3) LINE 12A, I BRAF 0 GULF COAST RESTORATION & PROTECTION 402 N FOURTH STREET BATON ROUGE LA 70802 204146236 SUPPORT ORG LA 501(C)(3) LINE 12A, I BRAF 0 THE CREDIT BUREAU OF BR FOUNDATION PO BOX 82724 BATON ROUGE LA 70884 200665987 SUPPORT ORG LA 501(C)(3) LINE 12A, I BRAF 0 COMMUNITY FOUNDATION REALTY INC 100 NORTH STREET SUITE 900 BATON ROUGE LA 70802 204265927 SUPPORT ORG LA 501(C)(3) LINE 12A, I BRAF 0 THE JOHN W BARTON FAMILY FOUNDATION PO BOX 1806 BATON ROUGE LA 70821 721494869 SUPPORT ORG LA 501(C)(3) LINE 12A, I BRAF 0 NORTHSHORE COMMUNITY FOUNDATION 610 HOLLYCREST BLVD COVINGTON LA 70433 611517784 SUPPORT ORG LA 501(C)(3) LINE 12A, I BRAF 0 COMMUNITY FOUNDATION OF SOUTHWEST LA PO BOX 3125 LAKE CHARLES LA 70602 721508036 SUPPORT ORG LA 501(C)(3) LINE 12A, I BRAF 0 EMPLOYEE ASSISTANCE FOUNDATION 402 N FOURTH STREET BATON ROUGE LA 70802 452478986 SUPPORT ORG LA 501(C)(3) LINE 12A, I BRAF 0 CPDC PROPERTIES LP 450 MAIN ST BATON ROUGE LA 70801 721553510 REAL ESTATE LA CP REALTY TRUST 0 0 5401 NORTH LLC 450 MAIN ST BATON ROUGE LA 70801 208307307 REAL ESTATE NC 5401 NORTH III 0 0 CPRT AMERICANA LLC 450 MAIN ST BATON ROUGE LA 70801 471677217 REAL ESTATE LA CP REALTY TRUST 0 0 BCBC LAND LLC 450 MAIN ST BATON ROUGE LA 70801 262113124 REAL ESTATE LA CPDC PROPERTIES 0 0 BCBC SHOPPES LLC 450 MAIN ST BATON ROUGE LA 70801 383993641 REAL ESTATE LA CPDC PROPERTIES 0 0 5401 NORTH INVESTMENTS I LLC 450 MAIN ST BATON ROUGE LA 70801 REAL ESTATE LA CPRT 0 0 5401 NORTH INVESTMENTS III LLC 450 MAIN ST BATON ROUGE LA 70801 352647126 REAL ESTATE LA WMF RELATED 0 0 CPRT QOF I LLC 450 MAIN ST BATON ROUGE LA 70801 842069965 REAL ESTATE LA CP REALTY TRUST 0 0 CPRT QOZB 1 LLC 450 MAIN ST BATON ROUGE LA 70801 842076325 REAL ESTATE LA CP REALTY TRUST 0 0 CPRT QOZB II LLC 450 MAIN ST BATON ROUGE LA 70801 853162313 REAL ESTATE LA CP REALTY TRUST 0 0 KANNAPLOIS CROSSING LP 450 MAIN ST BATON ROUGE LA 70801 843924118 REAL ESTATE LA CPMC 0 0 COMMERICAL PROPERTIES REALTY TRUST 450 MAIN STREET BATON ROUGE LA 70801 861086905 REAL ESTATE MD WMF C 5425122 93651484 1.00000 1 CAPITAL HOUSE HOTEL LLC 450 MAIN STREET BATON ROUGE LA 70801 320105872 REAL ESTATE LA WMF C 756852 1.00000 1 COMMERCIAL PROPERTIES MGMT CORP 450 MAIN STREET BATON ROUGE LA 70801 720594389 REAL ESTATE LA WMF C 3051526 9185512 1.00000 1 COMMERICAL PROPERTIES DEVELOPMENT CORP 450 MAIN STREET BATON ROUGE LA 70801 720594391 REAL ESTATE LA CPMC C 1 HATO REY CPDC PR CORPORATION 450 MAIN STREET BATON ROUGE LA 70801 660659744 REAL ESTATE RQ WMF C 185000 6293585 1.00000 1 LADERAS CPDC PR CORPORATION 450 MAIN STREET BATON ROUGE LA 70801 660659745 REAL ESTATE RQ WMF C 1.00000 1 BON CARRE CPDC II INC 450 MAIN STREET BATON ROUGE LA 70801 208661741 HOLDING CORP LA CP REALTY TRUST C 1 CHARITABLE REMAINDER TRUST (8) 100 NORTH STREET SUITE 900 BATON ROUGE LA 70802 INVESTMENT LA BRAF T 1 CHARITABLE REMAINDER TRUST (1) 100 NORTH STREET SUITE 900 BATON ROUGE LA 70802 INVESTMENT NC BRAF T 1 CHARITABLE REMAINDER TRUST (3) 100 NORTH STREET SUITE 900 BATON ROUGE LA 70802 INVESTMENT LA BRAF T 1 FRONT STREET CONDOMINIUM ASSOCIATION 450 MAIN STREET BATON ROUGE LA 70801 474003649 CONDO ASSOCIATION LA CP REALTY TRUST C 1 5401 NORTH COMMERICAL OWNERS ASSOCIATION 3605 GLENWOOD AVE STE 500 RALEIGH NC 27612 384094200 COMMERICAL ASSN NC CP REALTY TRUST C 1 1 1 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 1 1 5401 N LLC D 7533563 FMV COMMERCIAL PROPERTIES REALTY TRUST E 2124224 FMV CAPITOL HOUSE HOTEL D 10810121 FMV BATON ROUGE AREA FOUNDATION B 375000 FMV LADERAS B 614202 FMV COMMERCIAL PROPERTIES MANAGEMENT CORPORATION B 6129588 FMV COMMERCIAL PROPERTIES MANAGEMENT CORPORATION R 5511724 FMV COMMERCIAL PROPERTIES REALTY TRUST B 218714 FMV CPDC PROPERTIES D 5768609 FMV CAPITOL HOUSE HOTEL E 110000 FMV COMMERCIAL PROPERTIES MANAGEMENT CORPORATION J 135000 FMV COMMERCIAL PROPERTIES REALTY TRUST A 54977 FMV