2025-11-13T08:56:01-06:00 2025-06-30 721088864 LAPORTE APAC 111 VETERANS MEMORIAL BLVD 600 METAIRIE LA 700054958 990 2024-07-01 721115391 LSU HEALTH FOUNDATION NEW ORLEANS LSUH 5045683712 2000 TULANE AVENUE 4TH FLOOR NEW ORLEANS LA 70112 KATIE ACUFF PRESIDENT & CEO 5045683712 2025-11-12 1 1 JOHN S WILES CPA P01222673 5048355522 2025-11-12 2024 2025-03-06 01:10:19Z KATIE ACUFF 2000 TULANE AVENUE 4TH FLOOR NEW ORLEANS LA 70112 12302513 0 X WWW.LSUHEALTHFOUNDATION.ORG X 1988 LA TO INSPIRE DONORS TO INVEST IN THE LSU HEALTH SCIENCES CENTER - NEW ORLEANS AND ITS FUTURE. 26 26 21 0 72505 29923 11359861 5094018 3818046 4036610 1766317 1802680 446873 815116 17391097 11748424 10853151 9095817 0 0 2176040 2451154 0 0 2041697 5387662 5593453 18416853 17140424 -1025756 -5392000 208487526 224360286 43803305 47799666 164684221 176560620 X THE MISSION OF THE FOUNDATION IS TO INSPIRE DONORS TO INVEST IN THE LSU HEALTH SCIENCES CENTER - NEW ORLEANS ("HSC-NO") AND ITS FUTURE, TO PROPERLY STEWARD THOSE CONTRIBUTIONS, AND TO HELP MEET THE EVER EVOLVING NEEDS OF THE LSUHSC-NO BY PROVIDING NEW (CONT'D ON SCH O) PHILANTHROPIC AND BUSINESS RESOURCES, PARTNERSHIPS, PROGRAMS, REAL ESTATE AND PROPERTY LEASES, AUXILIARY BUSINESSES, AND OTHER SERVICES THAT SUPPORT AND STRENGTHEN THE EDUCATIONAL AND COMMUNITY MISSION OF THE LSU HEALTH SCIENCES CENTER - NEW ORLEANS. 0 0 13010381 9095817 4205384 ENHANCING THE MISSION OF THE LOUISIANA STATE UNIVERSITY HEALTH SCIENCES CENTER IN NEW ORLEANS (LSUHSC-NO), WHICH WAS FOUNDED IN 1931, TO PROVIDE EDUCATION, RESEARCH, AND PUBLIC SERVICE THROUGH DIRECT PATIENT CARE AND COMMUNITY OUTREACH. LSUHSC-NO COMPRISES THE SCHOOLS OF ALLIED HEALTH PROFESSIONS, DENTISTRY, GRADUATE STUDIES, MEDICINE, NURSING, AND PUBLIC HEALTH, INCLUDING FOUR CENTERS OF EXCELLENCE AND THREE RESEARCH INSTITUTES. LSUHSC-NO EDUCATIONAL PROGRAMS PREPARE STUDENTS FOR CAREERS AS HEALTH CARE PROFESSIONALS AND SCIENTISTS. THE HEALTH SCIENCES CENTER DISSEMINATES AND ADVANCES KNOWLEDGE THROUGH STATE AND NATIONAL PROGRAMS OF BASIC AND CLINICAL RESEARCH, RESULTING IN PUBLICATIONS, TECHNOLOGY TRANSFER, AND RELATED ECONOMIC ENHANCEMENTS TO MEET THE CHANGING NEEDS OF THE STATE OF LOUISIANA AND THE NATION. LSUHSC-NO (CONT'D ON SCH. O) PROVIDES VITAL PUBLIC SERVICE THROUGH DIRECT PATIENT CARE, INCLUDING CARE OF INDIGENT AND UNINSURED PATIENTS. HEALTH CARE SERVICES ARE PROVIDED THROUGH LSUHSC-NO CLINICS IN ALLIED HEALTH, DENTISTRY, MEDICINE, NURSING, AND IN NUMEROUS AFFILIATED HOSPITALS AND CLINICS THROUGHOUT LOUISIANA. LSUHSC-NO PROVIDES REFERRAL SERVICES, CONTINUING EDUCATION, AND INFORMATION RELEVANT TO THE PUBLIC HEALTH OF THE CITIZENS OF LOUISIANA. IN ADDITION, LSUHSC-NO WORKS COOPERATIVELY WITH TWO AREA HEALTH EDUCATION CENTERS (AHECS), WHOSE PROGRAMS FOCUS ON IMPROVING THE NUMBER AND DISTRIBUTION OF HEALTH CARE PROVIDERS IN UNDERSERVED RURAL AND URBAN AREAS OF LOUISIANA AND ON SUPPORTING EXISTING RURAL HEALTH CARE PROVIDERS THROUGH CONTINUING EDUCATION PROGRAMS. LSUHSC-NO SERVES THE NEW ORLEANS COMMUNITY OF 376,971 CITIZENS LOCALLY AND 1,013,000 IN THE GREATER NEW ORLEANS REGION ALONG WITH SUPPORTING THE HEALTHCARE PROFESSION THROUGHOUT THE STATE OF LOUISIANA. LSUHSC-NO PROVIDES PATIENT CARE IN METROPOLITAN NEW ORLEANS, AS WELL AS BATON ROUGE AND LAFAYETTE WITH OVER 1,062,180 PATIENT VISITS ANNUALLY. CURRENTLY, ON AVERAGE 3,000 STUDENTS, 2,400 FACULTY AND STAFF, AND 1,000 RESIDENTS ARE SERVED BY THE FOUNDATION'S EFFORTS ACROSS ALL SCHOOLS IN SUPPORT OF THE LSUHSC-NO CAMPUS. IN A 2021-2022 ECONOMIC IMPACT STUDY, 4,320 DIRECT JOBS AND AN ADDITIONAL 4,798 JOBS ALONG WITH $1.6 BILLION IN ECONOMIC OUTPUT ARE EFFECTS OF THE LSUHSC-NO CAMPUS. IN SERVING THE LSUHSC-NO CAMPUS, THE FOUNDATION HAS ASSISTED IN PROVIDING VITAL CHAIRS, PROFESSORSHIPS, AWARDS AND SCHOLARSHIPS TO BOTH FACULTY, RESIDENTS, AND STUDENTS. THE FOUNDATION HOUSES APPROXIMATELY 1,500 RESTRICTED FUNDS MANAGED FOR THESE EFFORTS, INCLUDING THE SUPPORT OF 211 DIRECT SCHOLARSHIPS AND MORE THAN $33 MILLION IN RESEARCH FUNDING OVER THE PAST THREE YEARS AT LSUHSC-NO. IN ADDITION, THE FOUNDATION SERVES AS A MECHANISM FOR DONATIONS WITHOUT VALUE, INCLUDING ANATOMICAL GIFTS AND OTHER TYPES OF PROPERTY THAT ASSIST LSUHSC-NO IN PROVIDING EDUCATION TO ITS STUDENTS. 13010381 1 1 0 1 0 0 0 0 1 1 1 1 0 0 0 1 1 0 0 0 1 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 1 166 0 1 21 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 26 26 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 1 1 X KATIE ACUFF 5045683712 2000 TULANE AVENUE 4TH FLOOR NEW ORLEANS LA 70112 NAJEEB THOMAS MD SECRETARY 2.00 X X 0 0 0 DEKE CARBO BOARD MEMBER 2.00 X 0 0 0 KRISTI M SOILEAU DDS TREASURER 2.00 X X 0 0 0 AL BIENVENU CHAIR 2.00 X X 0 0 0 PAIGE SENSENBRENNER ESQ VICE CHAIR 2.00 X X 0 0 0 G BRADLEY BRAD GOTTSEGEN DDS BOARD MEMBER 2.00 X 0 0 0 JAY C DUMAS DMD BOARD MEMBER 2.00 X 0 0 0 LINDA CAO DDS BOARD MEMBER 2.00 X 0 0 0 AL COPELAND JR BOARD MEMBER 2.00 X 0 0 0 CHARLES CHARLIE W CHAPPUIS MD BOARD MEMBER 2.00 X 0 0 0 JOHN HEATON MD BOARD MEMBER 2.00 X 0 0 0 GLEN JOHNSTON BOARD MEMBER 2.00 X 0 0 0 EDWIN K HUNTER BOARD MEMBER 2.00 X 0 0 0 MARK JUNEAU JR MD BOARD MEMBER 2.00 X 0 0 0 MICHELLE JUNEAU MD BOARD MEMBER 2.00 X 0 0 0 CRIS MANDRY MD FACEP FAAEM BOARD MEMBER 2.00 X 0 0 0 BRIAN H MELIUS DVM BOARD MEMBER 2.00 X 0 0 0 GRANVILLE GRANNY A MORSE III MD BOARD MEMBER 2.00 X 0 0 0 ANNA POU MD BOARD MEMBER 2.00 X 0 0 0 ROBERT BOBBY A SAVOIE PHD BOARD MEMBER 2.00 X 0 0 0 CARROLL W SUGGS BOARD MEMBER 2.00 X 0 0 0 ROBERT BOB KIMBRO BOARD MEMBER 2.00 X 0 0 0 BARBARA GOODSON BOARD MEMBER 2.00 X 0 0 0 JAMES M WILLIAMS BOARD MEMBER 2.00 X 0 0 0 JOSEPH MACALUSO EMERITUS BOARD MEMBER 2.00 X 0 0 0 WARREN GOTTSEGEN MD EMERITUS BOARD MEMBER 2.00 X 0 0 0 KATIE ACUFF PRESIDENT & CEO (STARTED 5/2025) 40.00 X 0 0 0 LEE TRUMBLE VICE-PRESIDENT & CFO (THRU 4/31/25) 40.00 X 220686 0 49447 ALEJANDRA GUZMAN CHIEF BUSINESS DEVELOPMENT OFFICER 40.00 X 158344 0 28811 DENISE DELANY DIRECTOR OF GRANTS 40.00 X 112164 0 10962 JOSEPH HARNESS ACCOUNTING MANAGER 40.00 X 115434 0 12666 LAURIE PHILLIPS ACCOUNTING MANAGER 40.00 X 112988 0 23883 ELISE RAYNAL DIRECTOR OF DEVELOPMENT - SCHOOL OF MEDICINE 40.00 X 100188 0 14552 819804 0 140321 6 0 1 0 CREWCIAL PARTNERS LLC 810 SEVENTH AVE 32ND FLOOR NEW YORK NY 10019 INVESTMENT MANAGEMENT SERVICES 251443 SSA CONSULTANTS LLC 9331 BLUEBONNET BLVD BATON ROUGE LA 70810 CONSULTING SERVICES 127700 2 528598 4565420 248606 5094018 FEES & CONTRACTS GOV. AGENCIES 541900 4036610 4036610 4036610 1802680 1802680 873069 319843 553226 553226 -82111 635337 172746 528598 234246 -61500 -61500 REFUNDS/REIMBURSEMENTS 900099 168774 168774 UBI FROM PASSTHROUGH INVESTMENTS 523000 154616 154616 323390 11748424 4205384 72505 2376517 8356973 8356973 738844 738844 1212981 195215 626636 391130 904213 250 205773 698190 31215 8226 22989 152696 93290 59406 150049 12282 60745 77022 85972 20661 64891 420 67701 67701 62845 43162 19683 4096571 4062934 33637 455534 239291 216243 633 574 59 65638 1605 60779 3254 49356 5027 44329 289670 289670 83958 617 45443 37898 3309 3309 251059 251059 STEWARDSHIP 247661 247661 DUES AND SUBSCRIPTIONS 164984 230 2115 162639 COMMUNITY SUPPORT 78538 350 3371 74817 EQUIPMENT PURCHASES AND 8842 6327 2515 -418818 -422742 799 3125 17140424 13010381 2088346 2041697 1898990 1813073 5704631 6340822 2422058 2148997 359084 384275 172652 265554 28082210 2841934 25259714 25240276 119372366 172856238 52969170 15311042 328861 9 208487526 224360286 939373 2032339 35089069 38616175 4369048 4255152 2896000 2896000 509815 0 43803305 47799666 X 20380097 23294708 144304124 153265912 164684221 176560620 208487526 224360286 X -5392000 17423015 -154616 X X 0 1 X 1 0 X 9296838 13632907 6640959 11359861 5094018 46024583 9296838 13632907 6640959 11359861 5094018 46024583 7519136 38505447 2147422 2326083 2143511 2424995 2438017 11480028 51986 72505 124491 175583 197028 147946 172746 693303 58322405 16118697 0.66020 0.69830 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: INCOME FROM FUNDRAISING EVENTS NOT INCLUDING DONATIONS RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 62845 62845 0 PART II-B, LINE 1: GOVERNMENTAL RELATIONS CONTRACT FOR BENEFITS OF THE LSU HEALTH SCIENCES CENTER AND LEGAL FEES RELATED TO LOBBYING ACTIVITIES. 0 0 126433750 1124210 16517465 9179613 134895812 117332653 8137006 10836295 6117558 3754646 126433750 110774960 4148194 9227235 4261429 2556307 117332653 124466251 5386569 -12340237 4229324 2508299 110774960 98709444 2127190 29316929 3316021 2371291 124466251 0.00000 0.61740 0.38260 0 0 15982968 15982968 9518593 2635146 6883447 2580649 206788 2373861 25240276 HEDGE FUNDS, PRIVATE EQUITY FUNDS, AND OTHER EQUITIES 14483959 F CONVERTIBLE DEBT 827083 F 15311042 X 29570912 17423015 319843 17742858 11828054 -79630 -79630 11748424 17694513 554089 554089 17140424 0 17140424 PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE LAW. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE FOUNDATION'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. THE FOUNDATION FILES A FORM 990 IN THE U.S. FEDERAL JURISDICTION AND APPLICABLE STATES. 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 FINANCIAL STATEMENTS. PENALTIES AND INTEREST ASSESSED BY INCOME TAXING AUTHORITIES, IF ANY, WOULD BE INCLUDED IN INCOME TAX EXPENSE. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 319,843. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES -234,246. UBI FROM PASSTHROUGH INVESTMENTS 154,616. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 234,246. RENTAL EXPENSES 319,843. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS 36789776 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 INVESTMENTS 5505801 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 INVESTMENTS 8614012 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 0 0 INVESTMENTS 4569097 0 0 0 0 0 0 55478686 0 55478686 0 0 0 1 1 0 SULLIVAN EVENT 259786 229766 30020 21032 22880 43357 CAMP TIGER 205333 108464 96869 10390 24531 7883 3550 12516 4 236225 190368 45857 4316 38597 7397 3500 34297 701344 528598 172746 14706 84160 15280 29930 90170 234246 -61500 1 LSU HEALTH SCIENCES CENTER - NEW ORLEANS 433 BOLIVAR STREET NEW ORLEANS LA 70112 726087770 501(C)(3) 8356973 0 LSUHSC-NO IS A SUPPORTED ORGANIZATION OF LSU HEALTH FOUNDATION, NEW ORLEANS. 1 SCHOLARSHIPS AND AWARDS 229 738844 PART I, LINE 2: THE FOUNDATION IS THE RECIPIENT OF GRANT FUNDS, IN ACCORDANCE WITH ITS STATED MISSION, FOR THE LSU HEALTH SCIENCES CENTER - NEW ORLEANS CAMPUS. THE FOUNDATION ADMINISTERS, IN THE FORM OF REIMBURSEMENTS OF EXPENSES, OR DIRECTLY TO VENDORS FOR SERVICES RENDERED, SUPPORT OF THE BENEFICIARY FOR PURPOSES WHICH PRIVATE FUNDS WERE CONTRIBUTED TO THE FOUNDATION. ALL DISBURSEMENT REQUESTS ARE REVIEWED BY CAMPUS CUSTODIANS AND THE FOUNDATION'S FINANCE DEPARTMENT. THE CAMPUS IS PROVIDED WITH THE BALANCE OF FUNDS AVAILABLE IN FOUNDATION ACCOUNTS FOR SPECIFIC RESTRICTED PURPOSES (PURPOSE AND TIMING RESTRICTIONS), AND THE CAMPUS PROVIDES DOCUMENTATION OF EXPENDITURE APPROPRIATENESS. REPORTS OF THE SPECIFIC PURPOSE EXPENSES MADE IN SUPPORT OF AND TO BENEFIT THE CAMPUS ARE MAINTAINED BY THE FOUNDATION. X X X X 0 0 0 0 0 0 0 0 0 LEE TRUMBLE VICE-PRESIDENT & CFO (THRU 4/31/25) 220686 0 0 0 0 0 24254 0 25193 0 270133 0 0 0 ALEJANDRA GUZMAN CHIEF BUSINESS DEVELOPMENT OFFICER 158344 0 0 0 0 0 4944 0 23867 0 187155 0 0 0 X 4 156896 TRADING VALUE X AUCTIONS AND EVENT ITEMS 309 91710 FMV 0 1 1 PART I, LINE 32B: THE ORGANIZATION RECEIVES STOCK CONTRIBUTIONS WHICH THIRD PARTY INVESTMENT CONSULTANTS SELL AS SOON AS PRACTICAL, PER COMPANY POLICY. FORM 990, PART VI, SECTION A, LINE 2 MARK JUNEAU, JR. AND MICHELLE JUNEAU HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE AUDIT COMMITTEE PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION'S CONFLICTS OF INTEREST POLICY COVERS THE BOARD AND OFFICERS OF THE FOUNDATION. AS RELATED PARTY TRANSACTIONS COME TO THE ATTENTION OF THE BOARD OR STAFF, GENERAL COUNSEL IS ENGAGED ON THE APPROPRIATENESS OF THE TRANSACTION TO ENSURE IT DOES NOT CAUSE A CONFLICT. IF IT IS DETERMINED THAT A TRANSACTION CAUSES A CONFLICT OF INTEREST, THAT TRANSACTION IS BROUGHT TO THE EXECUTIVE COMMITTEE OR BOARD FOR REVIEW TO ENSURE THE TRANSACTION INURES TO THE BENEFIT OF THE FOUNDATION AND ONLY THEN CAN IT BE APPROVED. IF BOARD MEMBERS ARE INVOLVED IN THE TRANSACTION, THEY ARE ASKED TO RECUSE THEMSELVES FROM DECISION MAKING OR MAY BE ASKED TO REMOVE THEMSELVES FROM THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD HAS A PERSONNEL COMMITTEE WHO REVIEWS AND AN EXECUTIVE COMMITTEE WHO APPROVES THE SALARY OF THE PRESIDENT & CEO. COMPENSATION AND BENEFITS ARE DETERMINED USING A THIRD PARTY CONSULTANT. THE SALARIES OF THE STAFF THAT REPORT TO THE PRESIDENT & CEO ARE DETERMINED AND APPROVED BY THE PRESIDENT & CEO. OTHER OFFICER SALARIES ARE BENCHMARKED AGAINST THIRD PARTY SOURCES. THE PERSONNEL COMMITTEE REVIEWS THE ANNUAL COMPENSATION OF ALL EMPLOYEES PRESENTED BY THE PRESIDENT & CEO FOR APPROPRIATENESS. FORM 990, PART VI, SECTION C, LINE 19 ALL INFORMATION IS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: BOOK/TAX DIFFERENCE ON PASSTHROUGH INVESTMENTS -154,616. FORM 990, PART XI, LINE 2C THE OVERSIGHT PROCESS FOR THE FINANCIAL STATEMENTS HAS NOT CHANGED SINCE THE PRIOR YEAR. FOUNDATION ENTERPRISES LLC 2000 TULANE AVE 4TH FLOOR NEW ORLEANS LA 70112 851150306 HOLDING COMPANY LA 0 -3586 LSU HEALTH FOUNDATION NEW ORLEANS LSU HEALTH FITNESS LLC 2000 TULANE AVE 4TH FLOOR NEW ORLEANS LA 70112 851194153 FITNESS CENTER LA 0 213849 FOUNDATION ENTERPRISES LLC 2126 TULANE LCC 2000 TULANE AVE 4TH FLOOR NEW ORLEANS LA 70112 851208892 HOTEL PROJECT - REAL ESTATE LA 0 3109483 FOUNDATION ENTERPRISES LLC 2127 POYDRAS STREET LLC 2000 TULANE AVE 4TH FLOOR NEW ORLEANS LA 70112 851776340 STUDENT HOUSING PROJECT - REAL ESTATE LA 0 -573182 FOUNDATION ENTERPRISES LLC MV1 LLC 2000 TULANE AVE 4TH FLOOR NEW ORLEANS LA 70112 851317847 MARINER'S VILLAGE PROJECT - REAL ESTATE LA 19073 6853414 FOUNDATION ENTERPRISES LLC 8890 QUARTERS LAKE ROAD LLC 2000 TULANE AVE 4TH FLOOR NEW ORLEANS LA 70112 851406619 BR RETIREMENT VILLAGE - REAL ESTATE LA 0 -461 FOUNDATION ENTERPRISES LLC HEALTH FOUNDATION ENTERPRISES LLC 2000 TULANE AVE 4TH FLOOR NEW ORLEANS LA 70112 861386640 OTHER PASSIVE INCOME FROM LEASES/AGREEMENTS LA 225755 656651 FOUNDATION ENTERPRISES LLC LSU HEALTH FOUNDATION PHARMACY SERVICES LLC 2000 TULANE AVE 4TH FLOOR NEW ORLEANS LA 70112 873877063 PHARMACY PROJECT LA 0 53326 FOUNDATION ENTERPRISES LLC LOUISIANA STUDENT WORKS 2000 TULANE AVE 4TH FLOOR NEW ORLEANS LA 70112 920735379 LOUISIANA STUDENT WORKS, LLC LA 0 11493 FOUNDATION ENTERPRISES LLC LSU HEALTH SCIENCES CENTER - NEW ORLEANS 433 BOLIVAR STREET NEW ORLEANS LA 70112 726087770 MEDICAL EDUCATION LA N/A 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 LSU HEALTH SCIENCES CENTER - NEW ORLEANS B 8356973 CASH TRANSACTION LSU HEALTH SCIENCES CENTER - NEW ORLEANS K 1148251 CASH TRANSACTION