BELLINGHAM TECHNICAL COLLEGE FOUNDATION: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
BELLINGHAM TECHNICAL COLLEGE FOUNDATION (EIN 91-1658027)
Tax period
2021-07-01 to 2022-06-30
Filed
2023-05-08
IRS object ID
202311329349304896
Schema version
2021v4.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2023-05-08T16:38:21-07:00ReturnTs
Tax Period End2022-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN882533599PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Wersen Nonprofit CPAs LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line14513 Lakeway DriveAddressLine1Txt
CityBellinghamCityNm
State AbbreviationWAStateAbbreviationCd
ZIP98229ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN911658027EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Bellingham Technical College FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlBELLBusinessNameControlTxt
Phone3607528470PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13028 Lindbergh AvenueAddressLine1Txt
CityBellinghamCityNm
State AbbreviationWAStateAbbreviationCd
ZIP98225ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLin NelsonPersonNm
Person TitlePresidentPersonTitleTxt
Phone3607561010PhoneNum
Signature2023-04-27SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKeaton WersenPreparerPersonNm
PTINP01957642PTIN
Phone3607709369PhoneNum
Preparation2023-04-17PreparationDt
Self EmployedYes (X)SelfEmployedInd

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer0TrustedCustomerCd
OOB Security Verification11OOBSecurityVerificationCd
Last Submission Rqr OOB0LastSubmissionRqrOOBCd
Authentication Assurance LevelAAL2AuthenticationAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMike BurkePrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line13028 Lindbergh AvenueAddressLine1Txt
CityBellinghamCityNm
State AbbreviationWAStateAbbreviationCd
ZIP98225ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,177,486GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.btcfound.orgWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1998FormationYr
Legal Domicile StateWALegalDomicileStateCd
Activity Or MissionEnhancing instructional programs at Bellingham Technical College.ActivityOrMissionDesc
Voting Members Governing Body18VotingMembersGoverningBodyCnt
Voting Members Independent18VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers18TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,003,506PYContributionsGrantsAmt
CY Contributions Grants$1,042,258CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$202,779PYInvestmentIncomeAmt
CY Investment Income$114,084CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$1,206,285PYTotalRevenueAmt
CY Total Revenue$1,156,342CYTotalRevenueAmt
PY Grants And Similar Paid$600,532PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$455,428CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$17,545CYTotalFundraisingExpenseAmt
PY Other Expenses$311,307PYOtherExpensesAmt
CY Other Expenses$99,423CYOtherExpensesAmt
PY Total Expenses$911,839PYTotalExpensesAmt
CY Total Expenses$554,851CYTotalExpensesAmt
PY Revenues Less Expenses$294,446PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$601,491CYRevenuesLessExpensesAmt
Total Assets BOY$5,539,236TotalAssetsBOYAmt
Total Assets EOY$5,243,801TotalAssetsEOYAmt
Total Liabilities BOY$21,473TotalLiabilitiesBOYAmt
Total Liabilities EOY$35,432TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$5,517,763NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$5,208,369NetAssetsOrFundBalancesEOYAmt
MissionEnhancing instructional programs at Bellingham Technical College.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$455,928ExpenseAmt
Grant$357,107GrantAmt
Revenue$0RevenueAmt
DescStudents and faculty receive scholarships and program enhancements in the form of cash, computers, software, instrumental equipment, vehicles and vehicle parts.Desc
Total Other Prog Srvc Expense$0TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$0TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue$0TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$455,928TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members18GoverningBodyVotingMembersCnt
Independent Voting Member18IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonChad StitelerPersonNm
Phone3607528378PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13028 Lindbergh AvenueAddressLine1Txt
CityBellinghamCityNm
State AbbreviationWAStateAbbreviationCd
ZIP98225ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (19 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
Dean Fulton
Foundation Director400Yes (X)$100,790$0$29,611
Mike Burke
Board President10Yes (X)$0$0$0Yes (X)
Lin Nelson
Board Vice President10Yes (X)$0$0$0Yes (X)
Charles Lauckhardt
Board Secretary10Yes (X)$0$0$0Yes (X)
Crystal Greear
Board Treasurer10Yes (X)$0$0$0Yes (X)
David Blair
Board Emeritus10$0$0$0Yes (X)
Tiffany Blair
Board Member10$0$0$0Yes (X)
Pamela Brady
Board Member10$0$0$0Yes (X)
Debbie Granger
Board Member10$0$0$0Yes (X)
Dustin Henry
Board Member10$0$0$0Yes (X)
Walter Hudsick
Board Ex Officio10$0$0$0Yes (X)
Steve Kimberley
Board Member10$0$0$0Yes (X)
Walter Michelutti
Board Member10$0$0$0Yes (X)
Mike Morse
Board Member10$0$0$0Yes (X)
Gary Nelson
Board Member10$0$0$0Yes (X)
Mike Preston
Board Member10$0$0$0Yes (X)
Norm Vigre
Board Member10$0$0$0Yes (X)
Russ Whidbee
Board Emeritus10$0$0$0Yes (X)
Dennis Williams
Board Member10$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$100,790TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$29,611TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other SrcsYes (1)CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Federated Campaigns$0FederatedCampaignsAmt
Membership Dues$0MembershipDuesAmt
Fundraising$0FundraisingAmt
Related Organizations$0RelatedOrganizationsAmt
Government Grants$0GovernmentGrantsAmt
All Other Contributions$1,042,258AllOtherContributionsAmt
Noncash Contributions$47,875NoncashContributionsAmt
Total Contributions$1,042,258TotalContributionsAmt
Total Program Service Revenue$0TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$114,713TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$114,713ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$0RealAmt
Personal$0PersonalAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$20,515SecuritiesAmt
Other$0OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$21,144SecuritiesAmt
Other$0OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities-$629SecuritiesAmt
Other$0OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$629TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion-$629ExclusionAmt
FieldValueIRS element (for citing)
Contri Rpt Fundraising Event$0ContriRptFundraisingEventAmt
Other Revenue Total$0OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,156,342TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$114,084ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$95,679TotalAmt
Program Services$95,679ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$359,749TotalAmt
Program Services$359,749ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$21,027TotalAmt
Management And General$21,027ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$20,515TotalAmt
Management And General$20,515ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$20,000TotalAmt
Management And General$20,000ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
Fundraising and stewardship$17,545$0$0$17,545
Dues and subscriptions$15,702$0$15,702$0

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$4,634TotalAmt
Program Services$500ProgramServicesAmt
Management And General$4,134ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$554,851TotalAmt
Program Services$455,928ProgramServicesAmt
Management And General$81,378ManagementAndGeneralAmt
Fundraising$17,545FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$165,896BOYAmt
EOY$641,507EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
EOY$22,588EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$7,833BOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$1,200BOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$0LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$0LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$5,364,307BOYAmt
EOY$4,579,006EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
EOY$700EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$5,539,236BOYAmt
EOY$5,243,801EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$8,450BOYAmt
EOY$14,902EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$13,023BOYAmt
EOY$20,530EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$21,473BOYAmt
EOY$35,432EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$607,068BOYAmt
EOY$434,566EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$4,910,695BOYAmt
EOY$4,773,803EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$5,517,763BOYAmt
EOY$5,208,369EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$5,539,236BOYAmt
EOY$5,243,801EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$601,491ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$910,885NetUnrlzdGainsLossesInvstAmt
Donated Services And Use Fclts$0DonatedServicesAndUseFcltsAmt
Investment Expense$0InvestmentExpenseAmt
Prior Period Adjustments$0PriorPeriodAdjustmentsAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
College OrganizationYes (X)CollegeOrganizationInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$586,832CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,010,488CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$543,249CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$770,989CurrentTaxYearMinus1YearAmt
Current Tax Year$1,042,258CurrentTaxYearAmt
Total$3,953,816TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$233,898CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$244,306CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$227,128CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$232,517CurrentTaxYearMinus1YearAmt
Current Tax Year$234,021CurrentTaxYearAmt
Total$1,171,870TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$820,730CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,254,794CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$770,377CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,003,506CurrentTaxYearMinus1YearAmt
Current Tax Year$1,276,279CurrentTaxYearAmt
Total$5,125,686TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$340,759SubstantialContributorsTotAmt
Public Support Total170$4,784,927PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$75,298CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$88,513CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$90,576CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$90,593CurrentTaxYearMinus1YearAmt
Current Tax Year$114,713CurrentTaxYearAmt
Total$459,693TotalAmt
FieldValueIRS element (for citing)
Total Support$5,585,379TotalSupportAmt
Public Support CY1700.85669PublicSupportCY170Pct
Public Support PY1700.9184PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$4,326,438BeginningYearBalanceAmt
Contributions$614,538ContributionsAmt
Investment Earnings Or Losses-$750,409InvestmentEarningsOrLossesAmt
Grants Or Scholarships$176,063GrantsOrScholarshipsAmt
Other Expenditures$0OtherExpendituresAmt
Administrative Expenses$39,324AdministrativeExpensesAmt
End Year Balance$3,975,180EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$3,227,852BeginningYearBalanceAmt
Contributions$314,000ContributionsAmt
Investment Earnings Or Losses$1,028,477InvestmentEarningsOrLossesAmt
Grants Or Scholarships$187,668GrantsOrScholarshipsAmt
Other Expenditures$0OtherExpendituresAmt
Administrative Expenses$56,223AdministrativeExpensesAmt
End Year Balance$4,326,438EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$3,126,413BeginningYearBalanceAmt
Contributions$137,701ContributionsAmt
Investment Earnings Or Losses$140,771InvestmentEarningsOrLossesAmt
Grants Or Scholarships$134,058GrantsOrScholarshipsAmt
Other Expenditures$0OtherExpendituresAmt
Administrative Expenses$42,975AdministrativeExpensesAmt
End Year Balance$3,227,852EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,612,685BeginningYearBalanceAmt
Contributions$474,123ContributionsAmt
Investment Earnings Or Losses$202,560InvestmentEarningsOrLossesAmt
Grants Or Scholarships$128,208GrantsOrScholarshipsAmt
Other Expenditures$0OtherExpendituresAmt
Administrative Expenses$34,748AdministrativeExpensesAmt
End Year Balance$3,126,412EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,368,138BeginningYearBalanceAmt
Contributions$166,283ContributionsAmt
Investment Earnings Or Losses$209,386InvestmentEarningsOrLossesAmt
Grants Or Scholarships$110,716GrantsOrScholarshipsAmt
Other Expenditures$0OtherExpendituresAmt
Administrative Expenses$20,406AdministrativeExpensesAmt
End Year Balance$2,612,685EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.0307BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.9693PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd
Federal Income Tax Liability$0FederalIncomeTaxLiabilityAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescCash Held for OthersDesc
Amt$20,530Amt
FieldValueIRS element (for citing)
Total Liability$20,530TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$458,963TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$910,885NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$234,021DonatedServicesAndUseFcltsAmt
Recoveries Prior Year Grants$0RecoveriesPriorYearGrantsAmt
Other Revenue$0OtherRevenueAmt
Revenue Not Reported-$676,864RevenueNotReportedAmt
Revenue Subtotal$1,135,827RevenueSubtotalAmt
Investment Expenses Not Incld$20,515InvestmentExpensesNotIncldAmt
Other Revenues Not Included$0OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$20,515RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$1,156,342TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$768,357TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$234,021DonatedServicesUseFcltsAmt
Prior Year Adjustments$0PriorYearAdjustmentsAmt
Losses Reported$0LossesReportedAmt
Other Expenses Included$0OtherExpensesIncludedAmt
Expenses Not Reported$234,021ExpensesNotReportedAmt
Expenses Subtotal$534,336ExpensesSubtotalAmt
Investment Expenses Not Incld2$20,515InvestmentExpensesNotIncld2Amt
Other Expenses Not Included$0OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$20,515ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$554,851TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule D, Part V, Line 4FormAndLineReferenceDesc
ExplanationNet assets subject to donor imposed criteria for the allocation of the endowment's net proceeds. The endowments are created and shall be operated exclusively to fund student scholarships at Bellingham Technical College. Bellingham Technical College Foundation shall annually distribute four percent (4%) of the fund(s) balance at the end of every year, for spending the following year. All earnings/losses and capital appreciation/depreciation, after administrative fees and distributions, are to be retained in the endowment.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1Bellingham Technical CollegeBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line13028 Lindbergh AveAddressLine1Txt
CityBellinghamCityNm
State AbbreviationWAStateAbbreviationCd
ZIP98225ZIPCd
FieldValueIRS element (for citing)
Recipient EIN911658027RecipientEIN
IRC Section115IRCSectionDesc
Cash Grant$47,804CashGrantAmt
Non Cash Assistance$47,875NonCashAssistanceAmt
Valuation Method UsedFMVValuationMethodUsedDesc
Non Cash AssistanceEquipmentNonCashAssistanceDesc
Purpose Of GrantCollege programsPurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmt
Scholarships214$357,107
Professional development grants and awards9$2,642

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule I, Part I, Line 2FormAndLineReferenceDesc
ExplanationThe Foundation works with the Student Financial Resources (Financial Aid) office to place funds in students' accounts. These awards are monitored and adjusted or removed based on student requests, lack of enrollment, and input from financial aid. All scholarship accounts are reconciled quarterly by the business office. Other program expenses are requested through the Foundation and awarded for various program or campus initiatives. Funds are tracked through the donor management system and entered into QuickBooks by the business office and reconciled quarterly.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonDean FultonPersonNm
TitleFoundation DirectorTitleTxt
Base Compensation Filing Org$100,790BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$0DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$24,645NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$125,435TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule J, Part IIFormAndLineReferenceDesc
ExplanationDean Fulton received salary and benefits (retirement and health) from Bellingham Technical College for services provided to the Foundation as the Foundation Director. Salary paid during the calendar year 2021 was $100,790, retirement benefits were $8,466 and health benefits totaled $16,189.ExplanationTxt

Schedule M IRS990ScheduleM

Clothing And Household Goods ClothingAndHouseholdGoodsGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Noncash Contributions Rpt F990$725NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt

Cars And Other Vehicles CarsAndOtherVehiclesGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution2ContributionCnt
Noncash Contributions Rpt F990$100NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
DescTools and equipmentDesc
Contribution2ContributionCnt
Noncash Contributions Rpt F990$47,050NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Form8283 Received0Form8283ReceivedCnt
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section B, Line 11bThe Board and Foundation Director review the Form 990 prior to filing.
Form 990, Part VI, Section B, Line 12cConflicts of interest are handled on a case by case basis as the situation occurs. If a situation arises, the Foundation Director will ask the relevant party to recluse themselves from the decision/action that may be perceived as a conflict of interest.
Form 990, Part VI, Section C, Line 19Governing documents and financial statements are available to public upon request.

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.