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TIN: 72-0423889
SCHEDULE R
(Form 990)
Department of the Treasury
Internal Revenue Service
Related Organizations and Unrelated Partnerships
Complete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37.
Attach to Form 990.
Go to
www.irs.gov/Form990
for instructions and the latest information.
OMB No. 1545-0047
20
19
Open to Public Inspection
Name of the organization
THE ADMINISTRATORS OF THE TULANE EDUCATIONAL FUND
Employer identification number
72-0423889
Part I
Identification of Disregarded Entities.
Complete if the organization answered "Yes" on Form 990, Part IV, line 33.
(a)
Name, address, and EIN (if applicable) of disregarded entity
(b)
Primary activity
(c)
Legal domicile (state
or foreign country)
(d)
Total income
(e)
End-of-year assets
(f)
Direct controlling
entity
(1)
TULANE INTERNATIONAL LLC
6823 ST CHARLES AVENUE
NEW ORLEANS
,
LA
70118
02-0794141
INTERNATIONAL PROGRAM ADMINISTRATION
LA
4,998,000
2,298,000
N/A
(2)
RIVERSPHERE I LLC
6823 ST CHARLES AVENUE
NEW ORLEANS
,
LA
70118
REAL ESTATE OWNERSHIP
LA
201,000
2,200,000
N/A
(3)
RIVERSPHERE II LLC
6823 ST CHARLES AVENUE
NEW ORLEANS
,
LA
70118
REAL ESTATE OWNERSHIP
LA
48,000
1,123,000
N/A
(4)
SQUARE 245 LLC
6823 ST CHARLES AVENUE
NEW ORLEANS
,
LA
70118
REAL ESTATE OWNERSHIP
LA
0
11,000
N/A
(5)
TULANE LIVING WELL LLC
6823 ST CHARLES AVENUE
NEW ORLEANS
,
LA
70118
QUALITY CARE NETWORK
LA
3,000
373,000
N/A
(6)
TULANE CARY LAND LLC
6823 St Charles Avenue
New Orleans
,
LA
70118
Real Estate Ownership
LA
0
14,000
N/A
(7)
TULANE CARY WORKING INTERESTS LLC
6823 St Charles Avenue
New Orleans
,
LA
70118
Oil investment holdings
LA
9,000
8,000
N/A
(8)
TULANE CARY ROYALTY LLC
6823 St Charles Avenue
New Orleans
,
LA
70118
Oil Royalty Interests
LA
18,000
13,000
N/A
(9)
TULANE QUALITY CARE NETWORK LLC
c/o 6823 St Charles Avenue
New Orleans
,
LA
70118
Physician Support
LA
0
0
N/A
(10)
TULANE PHARMACY LLC
c/o 6823 ST CHARLES AVENUE
NEW ORLEANS
,
LA
70115
OUTPATIENT SPECIALTY PHARMACY
LA
10,953,000
1,889,000
N/A
(11)
TULANE UNIVERSITY CAMPUS HEALTH
c/o 6823 St Charles Avenue
New Orleans
,
LA
70115
EIN for billing only, not operational
LA
0
0
N/A
Part II
Identification of Related Tax-Exempt Organizations.
Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exempt organizations during the tax year.
(a)
Name, address, and EIN of related organization
(b)
Primary activity
(c)
Legal domicile (state
or foreign country)
(d)
Exempt Code section
(e)
Public charity status
(if section 501(c)(3))
(f)
Direct controlling
entity
(g)
Section 512(b)(13) controlled entity?
Yes
No
(1)
TULANE MURPHY FOUNDATION
1030 AUDUBON STREET
NEW ORLEANS
,
LA
70118
23-7113317
TO SUPPORT THE EDUCATIONAL MISSION OF TULANE UNIVERSITY
LA
501 (c) (3)
N/A
No
(2)
THE TULANE LAW REVIEW ASSOCIATION
6823 ST CHARLES AVENUE
NEW ORLEANS
,
LA
70118
PUBLISHING LAW REVIEW
LA
501 (c) (3)
N/A
No
(3)
SAMUEL Z STONE CIPR SUPPORT TRUST
1330 BOYLSTON STREET
C/O SAMET AND COMPANY
BOSTON
,
MA
02110
20-6070361
TO SUPPORT TULANE PROGRAMS AND RESEARCH
LA
501 (c) (3)
N/A
No
(4)
HENDERSON EDUCATION FUND FBO TULANE UNIV
c/o JP MORGAN CHASE NA
PO BOX 303
MILWAUKEE
,
WI
53201
72-6017995
SUPPORT MISSION OF TULANE UNIVERSITY
LA
4947 (a)(1)
N/A
No
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50135Y
Schedule R (Form 990) 2019
Schedule R (Form 990) 2019
Page
2
Part III
Identification of Related Organizations Taxable as a Partnership.
Complete if the organization answered "Yes" on Form 990, Part IV, line 34, because it had one or more related organizations treated as a partnership during the tax year.
(a)
Name, address, and EIN of
related organization
(b)
Primary activity
(c)
Legal
domicile
(state or foreign
country)
(d)
Direct controlling
entity
(e)
Predominant income(related, unrelated, excluded from tax under sections 512-514)
(f)
Share of total income
(g)
Share of end-of-year
assets
(h)
Disproprtionate allocations?
(i)
Code V-UBI
amount in box 20 of
Schedule K-1
(Form 1065)
(j)
General or
managing
partner?
(k)
Percentage
ownership
Yes
No
Yes
No
Part IV
Identification of Related Organizations Taxable as a Corporation or Trust.
Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.
(a)
Name, address, and EIN of
related organization
(b)
Primary activity
(c)
Legal
domicile
(state or foreign
country)
(d)
Direct controlling
entity
(e)
Type of entity
(C corp, S corp,
or trust)
(f)
Share of total income
(g)
Share of end-of-year
assets
(h)
Percentage
ownership
(i)
Section 512(b)(13) controlled entity?
Yes
No
(1)
CHARITABLE REMAINDER TRUSTS (38)
C/O TULANE UNIVERSITY
6823 ST CHARLES AVENUE
NEW ORLEANS
,
LA
70118
CHARITABLE REMAINDER TRUSTS
LA
N/A
T
(2)
WARWICK APARTMENTS Inc
6823 St Charles Avenue
New Orleans
,
LA
70118
84-4022741
RESIDENCES
LA
Administrators of Tulane Educational Fund
C
0
0
100 %
Yes
Schedule R (Form 990) 2019
Schedule R (Form 990) 2019
Page
3
Part V
Transactions With Related Organizations.
Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35b, or 36.
Note.
Complete line 1 if any entity is listed in Parts II, III, or IV of this schedule.
Yes
No
1
During the tax year, did the orgranization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?
a
Receipt of
(i)
interest,
(ii)
annuities,
(iii)
royalties, or
(iv)
rent from a controlled entity
.....................
1a
No
b
Gift, grant, or capital contribution to related organization(s)
............................
1b
No
c
Gift, grant, or capital contribution from related organization(s)
............................
1c
Yes
d
Loans or loan guarantees to or for related organization(s)
............................
1d
No
e
Loans or loan guarantees by related organization(s)
............................
1e
No
f
Dividends from related organization(s)
............................
1f
No
g
Sale of assets to related organization(s)
............................
1g
No
h
Purchase of assets from related organization(s)
............................
1h
No
i
Exchange of assets with related organization(s)
............................
1i
No
j
Lease of facilities, equipment, or other assets to related organization(s)
.......................
1j
No
k
Lease of facilities, equipment, or other assets from related organization(s)
......................
1k
No
l
Performance of services or membership or fundraising solicitations for related organization(s)
.....................
1l
No
m
Performance of services or membership or fundraising solicitations by related organization(s)
.................
1m
No
n
Sharing of facilities, equipment, mailing lists, or other assets with related organization(s)
...................
1n
No
o
Sharing of paid employees with related organization(s)
............................
1o
Yes
p
Reimbursement paid to related organization(s) for expenses
............................
1p
No
q
Reimbursement paid by related organization(s) for expenses
............................
1q
No
r
Other transfer of cash or property to related organization(s)
............................
1r
No
s
Other transfer of cash or property from related organization(s)
............................
1s
No
2
If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.
(a)
Name of related organization
(b)
Transaction
type (a-s)
(c)
Amount involved
(d)
Method of determining amount involved
(1)
TULANE MURPHY FOUNDATION
c
3,135,000
Cost.
(2)
SAMUEL Z STONE CIPR SUPPORT TRUST
c
1,554,000
Cost
(3)
HENDERSON EDUCATION FUND FBO TULANE UNIV
c
85,000
Cost
(4)
THE TULANE LAW REVIEW ASSOCIATION
o
150,000
Cost.
Schedule R (Form 990) 2019
Schedule R (Form 990) 2019
Page
4
Part VI
Unrelated Organizations Taxable as a Partnership.
Complete if the organization answered "Yes" on Form 990, Part IV, line 37.
Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.
(a)
Name, address, and EIN of entity
(b)
Primary activity
(c)
Legal domicile
(state or foreign
country)
(d)
Predominant income (related, unrelated, excluded from tax under sections 512-514)
(e)
Are all partners
section
501(c)(3)
organizations?
(f)
Share of total income
(g)
Share of
end-of-year
assets
(h)
Disproprtionate allocations?
(i)
Code V-UBI
amount in box 20
of Schedule K-1
(Form 1065)
(j)
General or
managing
partner?
(k)
Percentage
ownership
Yes
No
Yes
No
Yes
No
(1)
UNIVERSITY HEALTHCARE SYSTEM LC
PO BOX 570
NASHVILLE
,
TN
37202
62-1566506
HOSPITALS
TN
Related
No
-2,980,000
-27,835,000
No
No
17.25 %
Schedule R (Form 990) 2019
Schedule R (Form 990) 2019
Page
5
Part VII
Supplemental Information
Provide additional information for responses to questions on Schedule R. (see instructions).
Return Reference
Explanation
Schedule R, Part IV
ATTACHMENT TO FORM 990: ELECTION NOT TO BE TREATED AS TAX-EXEMPT CONTROLLED ENTITY INTERNAL REVENUE CODE SECTION 168(h)(6)(F)(ii) Taxpayer: Warwick Apartments, Inc., a Louisiana corporation Taxpayer Address: c/o The Administrators of the Tulane Educational Fund 300 Gibson Hall New Orleans, LA 70118 Attn.: General Counsel Taxpayer EIN: 84-4022741 The Taxpayer hereby elects not to be treated as a "tax-exempt entity" (or as a successor to a tax-exempt entity) under Section 168(h)(6)(F)(ii) of the Internal Revenue Code and to have any gain recognized by its tax-exempt parent on any disposition of an interest in the Taxpayer (and to treat any dividends or interest received or accrued from Taxpayer) as unrelated business taxable income under I.R.C. § 511. This election is being made for the period beginning on December 20, 2019, the date of formation of Taxpayer and going forward. This election is irrevocable. Taxpayer is a wholly owned subsidiary of The Administrators of the Tulane Educational Fund, a tax-exempt entity. Taxpayer is a Louisiana business corporation that has elected to be taxed as a "C" corp. Taxpayer is entitled to make this election under Section 168(h)(6)(F)(ii) of the Internal Revenue Code.
Schedule R (Form 990) 2019
Additional Data
Software ID:
19009572
Software Version:
v1.00