2020-01-17T17:44:22-06:00 2019-06-30 450250958 EIDE BAILLY LLP 877 W MAIN ST STE 800 BOISE ID 83702 990 2018-07-01 271159705 THE COLLEGE OF WESTERN IDAHO FOUNDATION INC COLL 2085623274 6056 BIRCH LANE No 102 NAMPA ID 83687 Mark Browning Interim Executive Director 2085623274 2020-01-16 1 Kim Hunwardsen CPA P00484560 2083447150 2020-01-15 216.147.181.48 2020-01-16 16:34:49 MS P A9F393D044C6B02927C29CDABEE7CBE310A8D2B0 97EB6110309024483FFE98DE47929FE8D7110B9D 2018 2020-11-19 02:30:22Z X Mark Browning 6056 BIRCH LANE No 102 NAMPA ID 83687 1833176 0 X www.cwidaho.cc/giving/foundation X 2009 ID To provide support for the fundraising efforts of CWI and to manage privately donated funds. 12 12 0 22 0 0 387402 550628 0 0 174631 146066 -427 -4954 561606 691740 433038 351483 0 0 0 0 0 0 0 65720 122765 498758 474248 62848 217492 4664636 4923279 33191 4609 4631445 4918670 X The Foundation, an Internal Revenue Code ("Code") Section 501(c)(3) tax-exempt organization, supports the mission of the College through the development and creation of resources that will improve and (Continued on Schedule O)(Continued from Form 990, Part III, Line 1) advance the College, its programs, and students. The Foundation raises funds from individuals, companies, foundations, and organizations, and invests and manages gifts in accordance with donors' wishes. 0 0 351483 351483 The College of Western Idaho Foundation raised and managed Scholarship Funds, Program Support, and private resources for the College of Western Idaho Students and Programs which support the mission and priorities of the College. During the Fiscal year ending June 30, 2019, the Foundation provided scholarship funds to the College of Western Idaho, who in turn provided scholarships to 185 students totaling $268,148. The Foundation also provided program support totaling $83,335 to the College of Western Idaho. 351483 1 1 0 1 0 0 0 0 0 1 0 0 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X Laura Swift 2085623274 MS 1000 PO Box 3010 Nampa ID 83653 Edward Barrett President 1.00 X X 0 0 0 Ivan Castillo Vice President 1.00 X X 0 0 0 Kevin Rigenhagen Treasurer 1.00 X X 0 0 0 Bill Ilett Director 1.00 X 0 0 0 Greg Braun Director 1.00 X 0 0 0 Mike Ballenger Director 1.00 X 0 0 0 Mary May Director 1.00 X 0 0 0 Mike Pena Director 1.00 X 0 0 0 Kelly Olson Director (From 05/2019) 1.00 X 0 0 0 Clint Child Director (From 05/2019) 1.00 X 0 0 0 Ben Chaney Director (From 05/2019) 1.00 X 0 0 0 Connie Miller Director (From 04/2019) 1.00 X 0 0 0 Richard Radnovich Director (Until 09/2018) 1.00 X 0 0 0 Mike Reynoldson Director (Until 09/2018) 1.00 X 0 0 0 Jason Ronk Director (Until 09/2018) 1.00 X 0 0 0 Emily Walton Director (Until 09/2018) 1.00 X 0 0 0 Laura Mulkey Executive Director 40.00 X 87550 0 19775 87550 0 19775 0 0 0 1 0 65383 485245 108572 550628 100317 100317 1174652 1128903 45749 45749 45749 7579 65383 12533 -4954 -4954 691740 0 0 141112 351483 351483 16265 16265 16500 16500 26100 26100 45626 45626 1476 1476 11094 11094 Memberships & Subscript 546 546 Professional Developmen 85 85 5073 5073 474248 351483 122765 0 1465299 1579136 1500 0 558 0 0 1350 3045188 3337415 146171 5920 5378 4664636 4923279 33191 4609 33191 4609 X 709033 787278 2688582 2855678 1233830 1275714 4631445 4918670 4664636 4923279 217492 69733 0 X 0 1 X 1 0 X 382920 323716 491121 387402 550628 2135787 382920 323716 491121 387402 550628 2135787 705846 1429941 49534 70844 70107 82599 100317 373401 2509188 141724 0.56990 0.60500 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 1 16500 0 0 0 16500 0 Part II-B, Line 1: In 2018, College of Western Idaho Foundation launched a fund raising campaign, the CWI Plant Facilites Levy Campaign, to raise funds that are in turn donated to a separate nonprofit Idaho Corporation, CWI Yes! Inc., to "campaign" for the College of Western Idaho Bond Levy. For 2018, a total $16,500 was raised and transfered to CWI Yes! Inc. 1458767 41884 82821 43772 1539700 1349458 64124 95270 47454 2631 1458767 1202279 38418 149712 40951 1349458 1237589 20624 -49729 6205 1202279 1238442 30919 15375 47147 1237589 0.00000 0.82850 0.17150 0 0 0 X 1053280 69733 317907 387640 665640 26100 26100 691740 766055 317907 317907 448148 26100 26100 474248 Part V, Line 4: The Foundation's endowment funds are intended to be used for scholarships and college program support. The endowment consists of 36 individual funds that are established for a variety of purposes. In accordance with the state prudent management of institutional funds act (SPMIFA), the Foundation considers the following factors in making a determination to appropriate or accumulate donor-restricted endowment funds: (1) the duration and preservation of the fund or endowment, (2) the purposes of the foundation and the donor-restricted endowment fund, (3) general economic conditions, (4) the possible effects of inflation and deflation, (5) the expected total return from income and the appreciation of investments, (6) other resources of the foundation, (7) the investment policies of the foundation. Part X, Line 2: The Foundation is organized as an Idaho nonprofit corporation and has been recognized by the Internal Revenue Service (IRS) as exempt from federal income taxes under Section 501(a) of the Internal Revenue Code (IRC) as an organization described in Section 501(c)(3), qualifies for the charitable contribution deduction and has been determined not to be a private foundation. The Foundation is annually required to file a Return of Organization Exempt from Income Tax (Form 990) with the IRS. In addition, the Foundation is subject to income tax on net income that is derived from business activities that are unrelated to their exempt purposes. The Foundation has determined it is not subject to unrelated business income tax and has not filed an Exempt Organization Business Income Tax Return (Form 990) with the IRS. The Foundation believes that it has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. The Foundation would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred. Opening Doors 72962 65383 7579 1122 7855 2700 856 72962 65383 7579 1122 7855 2700 856 12533 -4954 1 The College of Western Idaho 6056 Birch Lane Suite 200 Nampa ID 83687 260684268 State of Idaho 351483 Departmental Support, Program Support, and Scholarship funds for the College. 1 0 Part I, Line 2: The senior accountant verifies compliance with donor intent. The Executive Director approves the disbursement of all funds. The College of Western Idaho Scholarship Coordinator and Financial Aid Director utilize Scholarship Grants and Assistance information to confirm scholarship eligibility. 0 0 0 0 0 0 0 0 0 SCHEDULE J, PART II, Compensation from Unrelated Organization: The Foundation Executive Director, Laura Mulkey, was compensated by the College of Western Idaho, an unrelated organization. The College provided $99,136 in compensation and $20,345 in employee benefits paid to the Executive Director position on the Foundation's behalf for Fiscal Year 2019. These expenses have not been included on Form 990 Part IX as they are donated services and are included on Schedule D, Part XI and Part XII. 2018 calendar year compensation and employer provided benefits for Laura Mulkey, Executive Director, is a follows: Compensation: $87,550 Pension: 9,840 Nontaxable Benefits: 9,934 Nontaxable Life: 701 X 1 99504 Fair Market Value X Materials & Supplies 12 9068 Cost 0 0 1 0 Part I, Column (b): Column (b) reflects number of contributions during the year. Part I, Line 33: Various vehicles donated to the Foundation for use by college programs such as auto mechanic. These are recorded as in kind without a value. Form 990, Part VI, Section A, line 1 The Executive Committee shall be chaired by the Foundation Board President and composed of the immediate past President, Vice President/President elect, Treasurer, two (2) members-at-large from the sitting Board, the CWI President, and the CWI VP of Operations. The Executive Director shall serve as Secretary. The committee is charged with providing direction to the Board and conducting all Foundation business not prohibited by the Articles of Incorporation or Bylaws. The Executive Committee shall meet at the call of the President or any two officers to conduct the affairs of the Foundation between meetings of the Board. Form 990, Part VI, Section B, line 11b A copy of the Form 990 is reviewed by the Executive Director, then provided to the finance and executive committee by email for review prior to the board meeting where it is provided to all board members. Form 990, Part VI, Section B, line 12c All board members are covered by the Foundation's conflict of interest policy and are required to submit a conflict of interest questionnaire annually. The Foundation Executive Director reviews any conflict of interest that is brought to their attention by the foundation staff. Persons with a conflict of interest are recused from discussion and voting. Form 990, Part VI, Section B, line 15 The Organization's Executive Director is compensated by the College of Western Idaho, an unrelated organization. The Organization has reported on Part VII compensation paid to the executive director position on the Organization's behalf. These expenses have not been included on Form 990 Part IX as they are donated services and are included on Schedule D, Parts XI and Part XII. Form 990, Part VI, Section C, line 19 Documents are available for public inspection upon request.