2026-05-01T15:59:20-05:00 2025-06-30 923320348 EAG GULF COAST LLC 8550 UNITED PLAZA BLVD 1001 BATON ROUGE LA 70809 990 2024-07-01 726020969 LSU FOUNDATION LSUF 2255783811 3796 NICHOLSON DRIVE BATON ROUGE LA 70802 KATE SPIKES CFO 2255784165 2026-04-29 1 0 BRANDON LAGARDE P01428217 2259224600 2024 2025-03-06 01:10:19Z ROBERT M STUART JR 3796 NICHOLSON DRIVE BATON ROUGE LA 70802 293956106 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. 32 32 123 0 0 19352 65030071 82941688 0 0 15022913 36795941 1808044 1397825 81861028 121135454 71811933 39511139 0 0 10701063 10972005 0 0 8062346 16933827 19936595 99446823 70419739 -17585795 50715715 921921854 1007615738 151549727 154902355 770372127 852713383 X THE LSU FOUNDATION CULTIVATES AND INVESTS IN PHILANTHROPIC PARTNERSHIPS TO SUPPORT AND ADVANCE LSU'S ACADEMIC PRIORITIES. 0 0 25445280 16420006 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. 11041514 10973027 SCHOLARSHIPS AND FELLOWSHIPS - FINANCIAL SUPPORT TO UNDERGRADUATE AND GRADUATE STUDENTS THROUGH APPROXIMATELY 2,278 AVAILABLE SCHOLARSHIPS AND FELLOWSHIPS. 6760005 5516328 CHAIRS AND PROFESSORSHIPS: EXPENSES TO DIRECTLY SUPPORT THE SCHOLARLY ACTIVITIES OF OVER 920 SPECIFICALLY DESIGNATED CHAIRS AND PROFESSORSHIPS AVAILABLE TO LSU'S DISTINGUISHED FACULTY. 12700742 6601778 OTHER PROGRAM SERVICES INCLUDE: (1) SALARY SUPPORT FOR ACADEMIC PURPOSES, (2) INSTITUTION-WIDE ACADEMIC PROGRAMS, SUCH AS 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) CAPITAL OUTLAY INCLUDING THE ACQUISITION OF EQUIPMENT AND CONSTRUCTION OF FACILITIES FOR USE IN THE ACADEMIC RESEARCH ENDEAVORS OF THE UNIVERSITY. 12700742 6601778 55947541 1 1 0 1 0 0 0 0 0 1 1 1 0 0 1 1 0 1 0 0 1 0 0 1 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 256 0 1 123 1 1 1 1 CJ VI SW LU CA 0 0 0 1 1 0 0 0 0 0 0 X 32 32 0 0 0 0 1 0 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 KATE SPIKES CFO 2255783811 3796 NICHOLSON DR BATON ROUGE LA 70802 ANIL PUNYAPU DIRECTOR 1.00 X 0 0 0 ART FARVE DIRECTOR 1.00 X 0 0 0 BEAU FOURNET CHAIR-ELECT TO 12/31/24; CHAIR 1/1/25 1.50 0.05 X X 0 0 0 BRADIE JAMES DIRECTOR 1.00 X 0 0 0 CHRISTEL SLAUGHTER DIRECTOR 1.00 X 0 0 0 CLARENCE CAZALOT DIRECTOR 1.00 X 0 0 0 D MARTIN PHILLIPS DIRECTOR 1.00 X 0 0 0 DEBORAH GRANT DIRECTOR 1.50 X 0 0 0 DR GEORGE E ROBINSON III DIRECTOR 1.50 X 0 0 0 DR MARY T NEAL DIRECTOR 1.50 X 0 0 0 ELIZABETH RONN TREASURER TO 12/31/24; CHAIR-ELECT 1/1/25 1.50 0.05 X X 0 0 0 FRANK W BILLY HARRISON III PAST CHAIR TO 12/31/24 1.50 0.05 X 0 0 0 JAMES MAURIN DIRECTOR 1.00 1.00 X 0 0 0 JOHN ENGQUIST DIRECTOR 1.00 X 0 0 0 JYRIC SIMS DIRECTOR 1.00 X 0 0 0 KLEIN KIRBY DIRECTOR 1.00 1.00 X 0 0 0 LAURA DAUZAT DIRECTOR 1.00 X 0 0 0 LEONARD LEMOINE DIRECTOR 1.00 1.00 X 0 0 0 LORI GARRISON CORPORATE SECRETARY 1.50 0.05 X 0 0 0 MARK ANDERSON DIRECTOR 1.00 X 0 0 0 MARK RICHARD DIRECTOR 1.00 X 0 0 0 MARK SUTTON DIRECTOR 1.00 X 0 0 0 MATTHEW LEE EX OFFICIO DIRECTOR (BEGIN 6/1/25) 1.50 0.50 X 0 0 0 MIKE WAMPOLD DIRECTOR 1.00 1.00 X 0 0 0 RENE JOYCE DIRECTOR 1.00 X 0 0 0 RHOMAN HARDY DIRECTOR 1.00 X 0 0 0 RIP REEVES DIRECTOR 1.00 X 0 0 0 ROBERT REEVES DIRECTOR 1.00 X 0 0 0 ROGER JENKINS DIRECTOR; CHAIR TO 12/31/24) 3.00 1.05 X X 0 0 0 ROGER OGDEN DIRECTOR 1.00 X 0 0 0 ROY MARTIN DIRECTOR 1.00 1.00 X 0 0 0 SARAH BORDERS DIRECTOR 1.00 X 0 0 0 SUZETTE KENT DIRECTOR 1.50 X 0 0 0 THOMAS J ADAMEK DIRECTOR; TREASURER (BEGIN 1/1/25) 1.50 0.05 X X 0 0 0 VALENCIA SARPY JONES DIRECTOR 0.50 X 0 0 0 WILLIAM TATE EX OFFICIO DIRECTOR TO 5/31/25 1.50 0.50 X 0 0 0 KATE SPIKES CHIEF FINANCIAL OFFICER 40.00 6.00 X 260919 0 260919 LEU ANNE GRECO VP & GENERAL COUNSEL 35.00 11.00 X 206331 0 206331 ROBERT M STUART JR PRESIDENT & CEO 35.00 11.00 X 423073 0 423073 KRISTA ALLEN RANEY EVP OF DEVELOPMENT 40.00 X 288026 0 288026 SONJA YVETTE MARSH ASSISTANT VP OF TALENT MGMT 40.00 X 188513 0 188513 JORDAN JOPLING SENIOR DIRECTOR OF DEVELOP 40.00 X 156295 0 156295 LINDSEY ROMANOWSKY SENIOR DIRECTOR OF DEVELOP 40.00 X 154999 0 154999 MICHAEL MCCARTY DIRECTOR OF ITS 40.00 0.05 X 157468 0 157468 SARA WHITTAKER AVP COMMUNICATIONS & MARKET 40.00 X 177252 0 177252 TRACY EVANS EXECUTIVE DIR OF DEVELOPMENT 40.00 X 177523 0 177523 2190399 0 2190399 23 0 1 0 LSU ENERGY CONCESSIONAIRE 1661 GRAVIER ST NEW ORLEANS LA 70112 INFRASTRUCTURE IMPROVEMENTS ON SCIENCE B 9779570 HURON CONSULTING SERVICES LLC PO BOX 71223 CHICAGO IL 60694 ADVISORY SERVICES 1423439 MAGINNIS CONSTRUCTION COMPANY LLC PO BOX 1328 ST FRANCISVILLE LA 70775 RENOVATIONS OF LSU UNIVERSITY HOUSE 751047 ADAMS & REESE LLP PO BOX 2153 DEPT 5208 BIRMINGHAM AL 35287 CONSULTING SERVICES 573333 DRAKES CATERING PO BOX 86730 BATON ROUGE LA 70879 CATERTNG SERVICES FOR VARIOUS EVENTS 447788 12 327469 82614219 9881585 82941688 21916037 21916037 77045 77045 186932906 223715 172276717 0 14656189 223715 14879904 14879904 419809 327469 543935 -124126 -124126 FUND MANAGEMENT FEES 541900 1444906 1444906 1444906 121135454 1444906 0 36748860 39511139 39511139 1561102 976646 584456 7373872 2539071 4834801 499587 201977 297610 915948 323364 592584 621496 236664 384832 7769 7769 87453 87453 3286403 3203358 45953 37092 200304 200304 3650804 2550071 626821 473912 454474 178989 156232 119253 1367997 1322513 3243 42241 75553 75553 4122138 4050601 71537 1215274 332385 882889 296423 40073 140583 115767 DEVELOPMENT/PROMOTION 3980071 3524564 455507 OTHER EXPENSES 808292 808257 35 DUES AND SUBSCRIPTIONS 383640 225287 34062 124291 70419739 55947541 6409852 8062346 52162902 56165415 73184080 72251510 1235514 1093669 80589 72619 267156 158663 10732064 3800474 7402936 6931590 360010519 405471921 407841344 446454855 19736814 19015496 921921854 1007615738 8290582 6511130 1776061 1824368 141483084 146566857 151549727 154902355 X 39692236 40975208 730679891 811738175 770372127 852713383 921921854 1007615738 50715715 31625541 0 X X 0 1 X 1 0 X 61770825 119271238 60004263 65030070 82941687 389018083 61770825 119271238 60004263 65030070 82941687 389018083 43494787 345523296 1221413 3109403 2744616 7734465 21993082 36802979 425821062 7310516 0.81140 0.86260 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 391492 391492 70028247 70419739 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 331661 357078 348325 391491 1428555 250000 250000 250000 250000 1000000 1500000 531591428 10935498 36298303 578825229 484752363 11643589 35195476 531591428 452349101 5876178 26527084 484752363 486329106 11503741 -45483746 452349101 371645245 15237493 100046912 600544 486329106 0.00110 0.56250 0.43640 0 0 463867 463867 5422617 343746 5078871 4803815 3456728 1347087 41765 41765 6931590 COMMINGLED FUNDS 133823368 F PRIVATE EQUITY 106335238 F HEDGE FUNDS 191480394 F ROYALTY INTERESTS 154084 F SEPARATELY MANAGED ACCOUNTS 14661771 F 446454855 FUNDS MANAGED FOR OTHER ENTITIES 145281871 COMPENSATED ABSENCES PAYABLE 468417 RELATED PARTY PAYABLES 782168 LEASE LIABILITY 34401 146566857 X 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 THE 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 AT JUNE 30, 2025. CENTRAL AMERICA AND THE CARIBBEAN INVESTMENTS 138081051 EUROPE INVESTMENTS 6117507 0 0 0 0 0 0 144198558 0 144198558 0 0 0 0 0 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.EUROPE - 17,511.36 2.NORTH AMERICA (EXCLUDING USA) - 12,571.81 3.ASIA - 5,821.91 4.SOUTH AMERICA - 126.14 5.AUSTRALIA - 25.00 6.MIDDLE EAST - 100.00 7.CENTRAL AMERICA - 527.06 8. NEW ZEALAND - 1,100.00 X X X X X X 1 AL CT FL GA IL KS MO NM NC ND PA RI TN VA AK AR CA CO DC HI KY LA ME MD MA MI MN NH NY NJ OH OK OR SC WA WV WI THE LSU 100: FASTEST GROWING TIGER 108900 48560 60340 6510 85495 17465 5276 ULSF GOLDEN GALA 337993 154655 183338 125 83983 59426 11880 13504 11 300385 124254 176131 1400 11985 27273 111599 43674 64340 747278 327469 419809 1400 12110 117766 256520 73019 83120 543935 -124126 1 LOUISIANA STATE UNIVERSITY 204 THOMAS BOYD HALL BATON ROUGE LA 70803 726000848 501(C)(3) 39511139 0 UNIVERSITY ACADEMIC AND RESEARCH SUPPORT, INCLUDING SCHOLARSHIPS, GRADUATE FELLOWSHIPS AND FACULTY CHAIRS AND PROFESSORSHIPS. 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 X X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 ROBERT M STUART JR PRESIDENT & CEO 420673 0 0 0 2400 0 20700 0 1477 0 445250 0 0 0 KRISTA ALLEN RANEY EVP OF DEVELOPMENT 286826 0 0 0 1200 0 17981 0 20356 0 326363 0 0 0 KATE SPIKES CHIEF FINANCIAL OFFICER 259719 0 0 0 1200 0 16195 0 20458 0 297572 0 0 0 LEU ANNE GRECO VP & GENERAL COUNSEL 205131 0 0 0 1200 0 12740 0 6026 0 225097 0 0 0 SARA WHITTAKER AVP COMMUNICATIONS & MARKET 176052 0 0 0 1200 0 11529 0 20356 0 209137 0 0 0 SONJA YVETTE MARSH ASSISTANT VP OF TALENT MGMT 187313 0 0 0 1200 0 11311 0 1376 0 201200 0 0 0 TRACY EVANS EXECUTIVE DIR OF DEVELOPMENT 177523 0 0 0 0 0 10656 0 1376 0 189555 0 0 0 JORDAN JOPLING SENIOR DIRECTOR OF DEVELOP 156295 0 0 0 0 0 10125 0 20356 0 186776 0 0 0 LINDSEY ROMANOWSKY SENIOR DIRECTOR OF DEVELOP 154999 0 0 0 0 0 9610 0 14695 0 179304 0 0 0 MICHAEL MCCARTY DIRECTOR OF ITS 148768 0 7500 0 1200 0 9715 0 6024 0 173207 0 0 0 PART I, LINE 1A THE UNIVERSITY PRESIDENT MAINTAINS TWO LOCAL SOCIAL CLUB MEMBERSHIPS AS PART OF HIS EMPLOYMENT CONTRACT WITH THE UNIVERSITY. THE UNIVERSITY PRESIDENT OCCASIONALLY INCLUDED HIS SPOUSE ON STRATEGIC VISITS WITH DONORS AND LEADING PEER INSTITUTIONS FOR THE PURPOSES OF ADVANCING LSU'S ACADEMIC PRIORITIES, ESPECIALLY AS IT RELATED TO SECURING TRANSFORMATIVE PHILANTHROPIC DOLLARS FOR THESE PRIORITIES. LSU FOUNDATION LEASES A RESIDENCE TO THE UNIVERSITY FOR USE BY THE LSU PRESIDENT FOR RESIDENTIAL AND UNIVERSITY BUSINESS PURPOSES. X 94 9805735 MARKET VALUE X ART 2 44350 MARKET VALUE X DONOR EVENT 3 31500 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 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, 2025. 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 B, LINE 11B 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 INDICATING 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 FOUNDATION, LSU, OR ANOTHER BOARD MEMBER. ADDITIONALLY, THE POLICY IS REVIEWED BY NEW MEMBERS UPON JOINING THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 THE FOUNDATION GATHERED EXTERNAL, INDEPENDENT SALARY SURVEYS OF EXECUTIVE COMPENSATION FROM RELEVANT PEER GROUPS. THE FOUNDATION'S TALENT MANAGEMENT COMMITTEE REVIEWED AND DISCUSSED THE SURVEYS DURING EXECUTIVE SESSION IN CONJUNCTION WITH AN ANNUAL REVIEW OF COMPENSATION FOR OFFICERS. THE TALENT MANAGEMENT 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. UNIVERSITY HOUSE L3C 3796 NICHOLSON DRIVE BATON ROUGE LA 70802 933207640 TO HOLD RESIDENTIAL PROPERTY LA 5078871 LSU FOUNDATION COOK LEGACY LLC 3796 NICHOLSON DRIVE BATON ROUGE LA 70802 874276160 HOLD MINERAL RIGHTS ONCE RECEIVED LA 0 LSU 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 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 12 N/A 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 LSU PROPERTY FOUNDATION B 61147 CASH LSU PROPERTY FOUNDATION D 2474280 LOAN AMOUNT LSU PROPERTY FOUNDATION C 2308361 CASH LSU REAL ESTATE AND FACILITIES FOUNDATION B 4065991 CASH LSU REAL ESTATE AND FACILITIES FOUNDATION D 10009250 LOAN AMOUNT LSU REAL ESTATE AND FACILITIES FOUNDATION C 176303 CASH LSU PROPERTY FOUNDATION N LSU PROPERTY FOUNDATION O LSU REAL ESTATE AND FACILITIES FOUNDATION N LSU REAL ESTATE AND FACILITIES FOUNDATION O