2023-05-08T16:38:21-07:00 2022-06-30 882533599 Wersen Nonprofit CPAs LLC 4513 Lakeway Drive Bellingham WA 98229 990 2021-07-01 911658027 Bellingham Technical College Foundation BELL 3607528470 3028 Lindbergh Avenue Bellingham WA 98225 Lin Nelson President 3607561010 2023-04-27 1 Keaton Wersen P01957642 3607709369 2023-04-17 X 0 11 0 AAL2 2021 2023-04-26 12:10:37Z Mike Burke 3028 Lindbergh Avenue Bellingham WA 98225 1177486 0 X www.btcfound.org X 1998 WA Enhancing instructional programs at Bellingham Technical College. 18 18 0 18 0 0 1003506 1042258 0 202779 114084 0 1206285 1156342 600532 455428 0 0 0 17545 311307 99423 911839 554851 294446 601491 5539236 5243801 21473 35432 5517763 5208369 Enhancing instructional programs at Bellingham Technical College. 0 0 455928 357107 0 Students and faculty receive scholarships and program enhancements in the form of cash, computers, software, instrumental equipment, vehicles and vehicle parts. 0 0 0 455928 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 X Chad Stiteler 3607528378 3028 Lindbergh Avenue Bellingham WA 98225 Dean Fulton Foundation Director 40 0 X 100790 0 29611 Mike Burke Board President 1 0 X X 0 0 0 Lin Nelson Board Vice President 1 0 X X 0 0 0 Charles Lauckhardt Board Secretary 1 0 X X 0 0 0 Crystal Greear Board Treasurer 1 0 X X 0 0 0 David Blair Board Emeritus 1 0 X 0 0 0 Tiffany Blair Board Member 1 0 X 0 0 0 Pamela Brady Board Member 1 0 X 0 0 0 Debbie Granger Board Member 1 0 X 0 0 0 Dustin Henry Board Member 1 0 X 0 0 0 Walter Hudsick Board Ex Officio 1 0 X 0 0 0 Steve Kimberley Board Member 1 0 X 0 0 0 Walter Michelutti Board Member 1 0 X 0 0 0 Mike Morse Board Member 1 0 X 0 0 0 Gary Nelson Board Member 1 0 X 0 0 0 Mike Preston Board Member 1 0 X 0 0 0 Norm Vigre Board Member 1 0 X 0 0 0 Russ Whidbee Board Emeritus 1 0 X 0 0 0 Dennis Williams Board Member 1 0 X 0 0 0 100790 0 29611 0 0 0 1 0 0 0 0 0 0 1042258 47875 1042258 0 114713 0 0 114713 0 0 0 0 0 0 0 0 0 0 20515 0 21144 0 -629 0 -629 0 0 -629 0 0 1156342 0 0 114084 95679 95679 359749 359749 21027 21027 20515 20515 20000 20000 Fundraising and stewardship 17545 0 0 17545 Dues and subscriptions 15702 0 15702 0 4634 500 4134 0 554851 455928 81378 17545 165896 641507 22588 7833 1200 0 0 0 5364307 4579006 700 5539236 5243801 8450 14902 13023 20530 21473 35432 X 607068 434566 4910695 4773803 5517763 5208369 5539236 5243801 601491 -910885 0 0 0 0 X 0 1 X 1 0 X 586832 1010488 543249 770989 1042258 3953816 233898 244306 227128 232517 234021 1171870 820730 1254794 770377 1003506 1276279 5125686 340759 4784927 75298 88513 90576 90593 114713 459693 5585379 0.85669 0.9184 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4326438 614538 -750409 176063 0 39324 3975180 3227852 314000 1028477 187668 0 56223 4326438 3126413 137701 140771 134058 0 42975 3227852 2612685 474123 202560 128208 0 34748 3126412 2368138 166283 209386 110716 0 20406 2612685 0.0307 0.9693 0 0 0 0 Cash Held for Others 20530 20530 458963 -910885 234021 0 0 -676864 1135827 20515 0 20515 1156342 768357 234021 0 0 0 234021 534336 20515 0 20515 554851 Schedule D, Part V, Line 4 Net 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. 1 Bellingham Technical College 3028 Lindbergh Ave Bellingham WA 98225 911658027 115 47804 47875 FMV Equipment College programs 1 0 Scholarships 214 357107 Professional development grants and awards 9 2642 Schedule I, Part I, Line 2 The 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. 0 0 0 0 0 0 0 0 0 Dean Fulton Foundation Director 100790 0 0 0 0 0 0 0 24645 0 125435 0 0 Schedule J, Part II Dean 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. X 725 FMV X 2 100 FMV X Tools and equipment 2 47050 FMV 0 0 0 0 Form 990, Part VI, Section B, Line 11b The Board and Foundation Director review the Form 990 prior to filing. Form 990, Part VI, Section B, Line 12c Conflicts 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 19 Governing documents and financial statements are available to public upon request.