2025-05-14T10:29:54-05:00 2024-06-30 720398470 HEARD MCELROY & VESTAL LLC 333 TEXAS STREET SUITE 1525 SHREVEPORT LA 71101 990 2023-07-01 721031108 LSU IN SHREVEPORT FOUNDATION INC LSUI 3187975278 ONE UNIVERSITY PLACE SHREVEPORT LA 71115 HARDY FOREMAN PRESIDENT 3187975278 2025-05-09 1 0 JENNIFER M HILL P00712786 3184291525 2025-05-09 2023 2025-03-06 01:10:19Z HARDY FOREMAN ONE UNIVERSITY PLACE SHREVEPORT LA 71115 8928423 0 X HTTP://WWW/LSUS.EDU/FOUNDATION X 1983 LA THE LSUS FOUNDATION IS A 501(C)(3) NONPROFIT CORPORATION WHOSE SOLE MISSION IS TO FOSTER PRIVATE SUPPORT FOR LOUISIANA STATE UNIVERSITY IN SHREVEPORT, MANAGE INVESTMENTS, AND SERVE AS TRUSTEE FOR FUNDS AND OTHER CONTRIBUTED ASSETS FOR BENEFIT OF THE UNIVERSITY. THE LSUS FOUNDATION PROMOTES PHILANTHROPIC SUPPORT FOR LSUS PROGRAMS AND AREAS OF STUDY WHILE RECOGNIZING THE ALL-IMPORTANT GROWTH AND SUCCESS OF ECONOMIC DEVELOPMENT IN NORTHWEST LOUISIANA. 22 22 0 22 0 0 872633 1316841 0 0 869459 1533058 187610 187842 1929702 3037741 233002 1212650 0 0 0 0 0 0 97537 1528602 1412136 1761604 2624786 168098 412955 30888371 33966884 8404657 9642586 22483714 24324298 X THE FOUNDATION'S GOAL IS TO PROMOTE THE EDUCATION AND CULTURAL WELFARE OF LOUISIANA STATE UNIVERSITY IN SHREVEPORT (LSUS). THE FOUNDATION'S ACTIVITIES INCLUDE MANAGEMENT OF GIFTS, GRANTS AND ENDOWMENTS FOR THE PURPOSE OF PROVIDING SCHOLARSHIPS, RESEARCH ACTIVITIES AND ANY OTHER SUCH BENEFIT FOR LSUS AND ITS FACULTY AND STUDENTS AS MAY BE PRESCRIBED BY DONORS. 0 0 2032804 1212650 187842 THE LSUS FOUNDATION COLLECTS FUNDS AND SPENDS THEM FOR SCHOLARSHIPS, RESEARCH, AND OTHER BENEFITS FOR LSUS AS MAY BE PRESCRIBED BY THE DONORS OF THE FOUNDATION. 2032804 1 1 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 31 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 22 22 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X X LAURA PERDUE 3187975278 ONE UNIVERSITY PLACE SHREVEPORT LA 71115 MICKEY CALLAWAY DIRECTOR 1.00 X 0 0 0 WAYNE BROWN DIRECTOR 1.00 X 0 0 0 JAMES K ELROD DIRECTOR 1.00 X 0 0 0 MICHAEL H WOODS SECRETARY/TREASURER 2.00 X X 0 0 0 BRIAN HAMM DIRECTOR 1.00 X 0 0 0 GEORGE FRITZE DIRECTOR 1.00 X 0 0 0 SIDNEY E KENT DIRECTOR 1.00 X 0 0 0 DR LANE ROSEN DIRECTOR 1.00 X 0 0 0 DR PHILLIP ROZEMAN DIRECTOR 1.00 X 0 0 0 B BRUCE SIMON DIRECTOR 1.00 X 0 0 0 EDIE WILLIAMS DIRECTOR 1.00 X 0 0 0 HARDY FOREMAN PRESIDENT 2.00 X X 0 0 0 DR SANDRA A MCCALLA VICE PRESIDENT 2.00 X X 0 0 0 STEPHEN R YANCEY II IMMEDIATE PAST PRESIDENT 1.00 X X 0 0 0 MERRITT CHASTAIN DIRECTOR 1.00 X 0 0 0 SUSAN HARDTNER DIRECTOR 1.00 X 0 0 0 TERRY MOORE DIRECTOR 1.00 X 0 0 0 MIKE MCCARTHY DIRECTOR 1.00 X 0 0 0 JANIE RICHARDSON DIRECTOR 1.00 X 0 0 0 STEFANI Y'BARBO DIRECTOR 1.00 X 0 0 0 MIKE TURNER DIRECTOR 1.00 X 0 0 0 CURTIS JOSEPH DIRECTOR 1.00 X 0 0 0 LAURA PERDUE EXECUTIVE DIRECTOR 40.00 X 0 136891 8060 0 136891 8060 0 0 0 0 0 55984 1260857 1316841 981057 981057 6442683 5890682 552001 552001 552001 ENDOWMENT MGMT FEES 900099 157328 157328 OTHER REVENUE 900099 30514 30514 187842 3037741 187842 0 1533058 1212650 1212650 56586 56586 43949 43949 78268 78268 140547 137019 1285 2243 80712 49846 24032 6834 2529 2529 STUDENT SERVICES AND IN 287149 287149 PROGRAM ADMINISTRATION 280754 280754 OPERATION AND MAINTENAN 114581 114581 UNIVERSITY SUPPORT PROG 77787 77787 249274 231559 7042 10673 2624786 2032804 494445 97537 574198 490291 946124 908869 9233 2287 11144 145000 12009 135520 132991 28008844 32408256 1179117 33048 15333 30888371 33966884 53577 529286 8351080 9113300 8404657 9642586 X 611560 526667 21872154 23797631 22483714 24324298 30888371 33966884 412955 1427629 0 X X 0 1 X 1 0 X 2072246 625630 964945 646726 1316841 5626388 2072246 625630 964945 646726 1316841 5626388 346729 5279659 605714 454092 938614 869459 981057 3848936 622 3500 4122 9479446 187842 0.55700 0.58690 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 1 1 0 X X X 0 18665069 188422 2146192 473445 20526238 17267961 369337 1460395 432624 18665069 19730124 167063 -2290543 338683 17267961 15475998 90005 4523852 359731 19730124 16196072 120631 -227611 613094 15475998 0.00849 0.43031 0.56120 0 0 46400 46400 98600 12009 86591 132991 DUE TO LSU-SHREVEPORT 9097967 OPERATING LEASE LIABILITY 15333 9113300 X 4465370 1427629 1427629 3037741 0 3037741 2624786 0 2624786 0 2624786 PART II, LINE 9: EFFECTIVE OCTOBER 4, 2019, THE NATIONAL SOCIETY OF THE COLONIAL DAMES OF AMERICA IN THE STATE OF LOUISIANA (THE "COLONIAL DAMES") GIFTED TO LSUS REALTY, LLC THE SPRING STREET MUSEUM (THE "MUSEUM") IN SHREVEPORT, LOUISIANA, WHICH COMPRISES LAND, BUILDING, AND IMPROVEMENTS, A COLLECTION OF HISTORICAL ARTIFACTS, AND A BENEFICIAL INTEREST IN A SUPPORTING ORGANIZATION. THE FOUNDATION RECORDED THE GIFT AS AN IN-KIND CONTRIBUTION. THE LAND, BUILDING, AND IMPROVEMENTS WERE RECORDED AT THEIR ESTIMATED FAIR VALUE OF $145,000 BASED ON AN APPRAISAL. THE BENEFICIAL INTEREST WAS RECORDED AT THE NET ASSET VALUE OF THE HELEN MANN MEMORIAL FUND COMMITTEE, INC., (THE "FUND COMMITTEE") THE SUPPORTING ORGANIZATION. PART III, LINE 4: THE SPRING STREET MUSEUM INDULGES VISITORS IN THE REMARKABLE HISTORY OF NORTHWEST LOUISIANA AND THE TRISTATE REGION AND ITS COLLECTION OF ARTIFACTS PROVIDES AMPLE RESEARCH OPPORTUNITIES FOR UNIVERSITY STUDENTS. THE MUSEUM'S COLLECTION OF ARTIFACTS INCLUDES VINTAGE CLOTHING DATING BACK TO 1835, ANTIQUE TOYS, FIREARMS AND SWORDS, PLANTATION RECORDS, PHOTOGRAPHS, ANTIQUE MAPS, PERSIAN RUGS, AND ORIGINAL 18TH AND 19TH CENTURY FURNITURE, ACCESSORIES AND PAINTINGS. AMONG THE ITEMS IN THE COLLECTION IS SILVER FROM PAULINE DE GRAFFENRIED PICKETT'S PLANTATION HOME AND THE 1854 WEDDING SLIPPER OF ISABEL BUTLER, A GREAT GRANDDAUGHTER OF MARTHA CUSTIS WASHINGTON. REVOLVING EXHIBITS HIGHLIGHT MANY OF THE OBJECTS FOUND IN THE MUSEUM'S COLLECTION. THE SECONDFLOOR VICTORIAN PARLOR IS A STEP BACK IN TIME TO THE LATE 1870S AND 1880S. PART X, LINE 2: THE LSU IN SHREVEPORT FOUNDATION, INC. QUALIFIES AS A TAX-EXEMPT ORGANIZATION 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 IS REQUIRED TO FILE AN ANNUAL INFORMATION TAX RETURN. THE FOUNDATION IS ALSO REQUIRED TO REVIEW VARIOUS TAX POSITIONS IT HAS TAKEN WITH RESPECT TO ITS EXEMPT STATUS AND DETERMINE WHETHER IN FACT IT IS A TAX EXEMPT ENTITY. THE FOUNDATION MUST ALSO CONSIDER WHETHER IT HAS NEXUS IN JURISDICTIONS IN WHICH IT HAS INCOME AND WHETHER A TAX RETURN IS REQUIRED IN THOSE JURISDICTIONS. IN ADDITION, AS A TAX EXEMPT ENTITY, THE FOUNDATION MUST ASSESS WHETHER IT HAS ANY TAX POSITIONS ASSOCIATED WITH UNRELATED BUSINESS INCOME SUBJECT TO INCOME TAX. THE FOUNDATION DOES NOT EXPECT ITS 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 ACCOUNTING RECORDS. THE FOUNDATION FILES U.S. FEDERAL FORM 990 FOR INFORMATIONAL PURPOSES. THE FOUNDATION'S FEDERAL INCOME TAX RETURNS FOR THE PAST THREE YEARS REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. 1 LOUISIANA STATE UNIVERSITY IN SHREVEPORT ONE UNIVERSITY PLACE SHREVEPORT LA 71115 720702001 501(C)(3) 712650 0 SCHOLARSHIPS, RESEARCH, OTHER BENEFITS FOR LSUS LOUISIANA STATE UNIVERSITY IN SHREVEPORT ONE UNIVERSITY PLACE SHREVEPORT LA 71115 720702001 501(C)(3) 500000 0 LSUS BUSINESS CENTER FORM 990, PART VI, SECTION A, LINE 6 THE FOUNDATION IS ORGANIZED ON A MEMBERSHIP BASIS. A MEMBER SHALL BE A PERSON, FIRM, CORPORATION OR OTHER ENTITY THAT IS INTERESTED IN FURTHERING THE PURPOSES OF THE FOUNDATION. FORM 990, PART VI, SECTION A, LINE 7A AT THE ANNUAL MEMBERSHIP MEETING, A SLATE OF NOMINEES FOR BOARD OFFICERS AND DIRECTORS SHALL BE PRESENTED FOR ELECTION PURSUANT TO THE BYLAWS. THE MEMBERSHIP WILL VOTE TO DETERMINE THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B EACH MEMBER SHALL BE ENTITLED TO ATTEND ALL GENERAL AND SPECIAL MEETINGS OF THE FOUNDATION AND, EXCEPT AS OTHERWISE PROVIDED IN THE BYLAWS OR ARTICLES, SHALL BE ENTITLED TO ONE VOTE. A SIMPLE MAJORITY VOTE OF THE MEMBERS PRESENT AT ANY ANNUAL OR SPECIAL MEETING IS REQUIRED TO DECIDE THE ACTION OR ANY MATTER COMING BEFORE THE MEMBERS UNLESS OTHERWISE PROVIDED BY THE ARTICLES OR THE BYLAWS. FORM 990, PART VI, SECTION B, LINE 11B THE LSUS FOUNDATION HAS AN AUDIT COMMITTEE WHICH REVIEWS THE FORM 990. AFTER THEIR REVIEW, THE FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL. 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 REVENUES, EXPENDITURES, AND OPERATIONS OF THE ORGANIZATION. 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 2C THE BOARD ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEARS. LSUS REALTY LLC ONE UNIVERSITY PLACE SHREVEPORT LA 71115 TO ACCEPT PROPERTY DONATED TO LSUS FOUNDATION, INC LA 123896 1857216 N/A LOUISIANA STATE UNIVERSITY IN SHREVEPORT ONE UNIVERSITY PLACE SHREVEPORT LA 71115 720702001 UNIVERSITY LA 501(C)(3) 2 N/A 0 HELEN MANN MEMORIAL FUND COMMITTE INC 525 SPRING STREET SHREVEPORT LA 71101 273289457 PHILANTHROPY LA 501(C)(3) 10 N/A 1 0 1 0 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 LOUISIANA STATE UNIVERSITY IN SHREVEPORT D ACCRUAL LOUISIANA STATE UNIVERSITY IN SHREVEPORT N LOUISIANA STATE UNIVERSITY IN SHREVEPORT O 61254 ACCRUAL LOUISIANA STATE UNIVERSITY IN SHREVEPORT B 1212650 ACCRUAL LOUISIANA STATE UNIVERSITY IN SHREVEPORT E 9097967 ACCRUAL