2025-05-13T16:50:32-05:00 2024-06-30 923320348 EAG GULF COAST LLC 8550 UNITED PLAZA BLVD SUITE 1001 BATON ROUGE LA 70809 990 2023-07-01 721295979 LSU PROPERTY FOUNDATION LSUP 2255783811 3796 NICHOLSON DRIVE BATON ROUGE LA 70802 KATE SPIKES TREASURER 2255784165 2025-05-12 1 1 BRANDON LAGARDE P01428217 2259224600 2025-05-05 2023 2025-03-06 01:10:19Z ROBERT M STUART JR 3796 NICHOLSON DRIVE BATON ROUGE LA 70802 5555701 0 X WWW.LSUFOUNDATION.ORG X 1995 LA FOSTER PRIVATE FINANCIAL SUPPORT VIA GIFTS OF REAL ESTATE AND EQUIPMENT FOR LSU AND THE LSU AGRICULTURAL CENTER. 6 6 0 0 0 0 2199563 2433324 0 0 22136 28692 2971463 3093685 5193162 5555701 649399 512924 0 0 0 0 0 0 214681 5112284 5409804 5761683 5922728 -568521 -367027 13204858 12756488 3256506 3175163 9948352 9581325 THE MISSION OF THE LSU PROPERTY FOUNDATION IS TO FOSTER PRIVATE FINANCIAL SUPPORT VIA GIFTS OF REAL ESTATE AND MOVEABLE PROPERTY, AS WELL AS, FACILITATE PROJECTS ON BEHALF OF LSU AND THE LSU AGRICULTURAL CENTER. 0 0 5350115 512924 OPERATION OF STUDENT-CENTRIC RETAIL FOR THE NICHOLSON GATEWAY PROJECT, WHICH PROVIDES HOUSING FOR UPPER-CLASS GRADUATE STUDENTS. 5350115 1 1 0 0 0 0 0 0 0 0 1 0 0 0 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 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X LSU FOUNDATION CO KATE SPIKES 2255783811 3796 NICHOLSON DRIVE BATON ROUGE LA 70802 FRANK BILLY W HARRISON III DIRECTOR 0.05 1.50 X 0 0 0 ROGER JENKINS CHAIR 0.05 4.00 X X 0 0 0 BEAU FOURNET DIRECTOR 0.05 1.50 X 0 0 0 LAURIE ARONSON DIRECTOR 0.05 1.00 X 0 0 0 LORI GARRISON DIRECTOR 0.05 1.50 X 0 0 0 ELIZABETH RONN DIRECTOR 0.05 1.50 X 0 0 0 WILLIAM F TATE IV DIRECTOR ,EX OFFICIO 0.05 1.50 X 0 0 0 ROBERT M STUART JR PRESIDENT & CEO 0.05 41.00 X 0 418363 19872 KATE SPIKES TREASURER 0.05 41.00 X 0 264621 33179 LEU ANNE GRECO SECRETARY 0.05 41.00 X 0 198206 17955 0 881190 71006 0 0 1 0 0 2433324 2433324 28692 28692 3093685 0 3093685 3093685 3093685 5555701 0 0 3122377 512924 512924 7677 7677 5000 3035 1965 116258 90129 26129 4503505 4503505 661781 120382 328683 212716 OTHER OPERATING SERVICE 115583 115498 85 5922728 5350115 357932 214681 718116 849054 43723 31603 16311664 4853991 12077834 11457673 365185 418158 13204858 12756488 385968 423624 2729086 2602215 141452 149324 3256506 3175163 X 9948352 9581325 0 0 9948352 9581325 13204858 12756488 -367027 0 X X 0 1 X 1 0 X 1557732 2668108 2524023 2199563 2433324 11382750 1557732 2668108 2524023 2199563 2433324 11382750 11382750 2058 78 1093 22136 28692 54057 11436807 0.99530 0.99740 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 16311664 4853991 11457673 11457673 REFUNDABLE DEPOSITS 49833 LEASE LIABILITY 99491 149324 X PART X, LINE 2: THE FOUNDATION ACCOUNTS FOR INCOME TAXES IN ACCORDANCE WITH ACCOUNTING GUIDANCE INCLUDED IN THE ACCOUNTING STANDARDS CODIFICATION (ASC). THE FOUNDATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. RECOGNIZED INCOME TAX POSITIONS ARE RECORDED AT THE LARGEST AMOUNT THAT IS GREATER THAN FIFTY PERCENT LIKELY OF BEING REALIZED. CHANGES IN THE RECOGNITION OR MEASUREMENT ARE REFLECTED IN THE PERIOD IN WHICH THE CHANGE IN JUDGMENT OCCURS. THE FOUNDATION HAS EVALUATED ITS POSITION REGARDING THE ACCOUNTING FOR UNCERTAIN INCOME TAX POSITIONS AND DOES NOT BELIEVE THAT IT HAS ANY MATERIAL UNCERTAIN TAX POSITIONS. 1 LOUISIANA STATE UNIVERSITY 204 THOMAS BOYD HALL BATON ROUGE LA 70803 726000848 512924 0 TAX VALUE OPERATION OF STUDENT-CENTRIC RETAIL FOR THE NICHOLSON GATEWAY PROJECT TO PROVIDE HOUSING FOR UPPER-CLASS AND GRADUATE STUDENTS. 1 0 0 0 0 0 0 0 0 0 0 ROBERT M STUART JR PRESIDENT & CEO 0 395963 0 20000 0 2400 0 18600 0 1272 0 438235 0 0 KATE SPIKES TREASURER 0 243421 0 20000 0 1200 0 15607 0 17572 0 297800 0 0 LEU ANNE GRECO SECRETARY 0 197006 0 0 0 1200 0 12312 0 5643 0 216161 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE TREASURER PROVIDES THE FORM 990 TO THE BOARD OF DIRECTORS FOR REVIEW AND SEEKS COMMENT AND FEEDBACK PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS AND OFFICERS COMPLETE A DISCLOSURE STATEMENT QUESTIONNAIRE ON AN ANNUAL BASIS IN WHICH THEY ARE ASKED TO PROVIDE INFORMATION ON ENTITIES IN WHICH THEY ARE BOARD MEMBERS, PARTNERS, OFFICERS, AND PRINCIPAL OWNERS, 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 PROPERTY FOUNDATION OR LSU. ADDITIONALLY, THE BOARD PERIODICALLY PERFORMS A DETAILED REVIEW OF THE CONFLICTS OF INTEREST POLICY, AS WELL AS THE POLICY IS REVIEWED BY NEW MEMBERS UPON JOINING THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS ARE FILED WITH THE LOUISIANA SECRETARY OF STATE'S OFFICE AND ARE AVAILABLE TO THE PUBLIC. THE CONSOLIDATED AUDITED FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC ON LSU FOUNDATION'S WEBSITE. FORM 990, PART VI, QUESTION 15 SUPPLEMENTAL DISCLOSURE: LSU PROPERTY FOUNDATION DOES NOT HAVE ANY DIRECT EMPLOYEES. A RELATED ORGANIZATION, THE LSU FOUNDATION, DIRECTLY EMPLOYS AND FUNDS APPLICABLE SALARY EXPENSES RELATED TO STAFF ASSISTING WITH ADMINISTRATIVE FUNCTIONS OF THE LSU PROPERTY FOUNDATION. THE LSU FOUNDATION GATHERS EXTERNAL,INDEPENDENT SALARY SURVEYS OF EXECUTIVE COMPENSATION FOR RELEVANT PEER GROUPS. THE LSU FOUNDATION'S TALENT MANAGEMENT COMMITTEE REVIEWS AND DISCUSSES THE SURVEYS IN CONJUNCTION WITH AN ANNUAL REVIEW OF COMPENSATION FOR OFFICERS. FORM 990, PART XII, LINE 2C: THE LSU PROPERTY FOUNDATION DOES NOT HAVE AN AUDIT COMMITTEE. HOWEVER, THE LSU PROPERTY FOUNDATION IS INCLUDED IN THE AUDITED CONSOLIDATED GAAP-BASIS FINANCIAL STATEMENTS WHICH INCORPORATE THE LSU FOUNDATION AND RELATED ORGANIZATIONS. THE LSU FOUNDATION BOARD OF DIRECTORS HAS AN AUDIT COMMITTEE WHOSE BOARD-APPROVED AUDIT COMMITTEE CHARTER PROVIDES, AMONG OTHER POWERS, OVERSIGHT BY THE AUDIT COMMITTEE OF THE EXTERNAL AUDIT OF THE FINANCIAL STATEMENTS AND COMMUNICATIONS WITH THE INDEPENDENT AUDITORS. LSU MUSEUM LLC 3796 NICHOLSON DRIVE BATON ROUGE LA 70802 331026418 INVESTMENT IN SHAW CENTER FOR THE ARTS, LLC LA 35 0 N/A FOUNDATION OFFICE BUILDING LLC 3796 NICHOLSON DRIVE BATON ROUGE LA 70802 461688177 CONSTRUCTION OF OFFICE BUILDING FOR LSU FOUNDATION LA 102456 9472601 N/A NICHOLSON GATEWAY PROJECT LLC 3796 NICHOLSON DRIVE BATON ROUGE LA 70802 812876283 DEVELOPMENT OF NICHOLSON GATEWAY PROJECT LA 3122411 3278518 N/A LSU FOUNDATION 3796 NICHOLSON DRIVE BATON ROUGE LA 70802 726020969 FOSTER PRIVATE FINANCIAL SUPPORT FOR LSU AND ITS RELATED CENTERS/COLLEGES 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 FOR LSU AND ITS RELATED CENTERS LA 501(C)(3) LINE 12 N/A 0 0 1 1 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 LSU FOUNDATION C 102541 CASH LSU FOUNDATION E 2602215 LOAN AMOUNT LSU FOUNDATION B 2228292 CASH LSU FOUNDATION O 0 LSU FOUNDATION N 0