2019-03-06T18:54:36-06:00 2017-06-30 450250958 EIDE BAILLY LLP 877 W MAIN ST STE 800 BOISE ID 83702 990 2016-07-01 271159705 THE COLLEGE OF WESTERN IDAHO FOUNDATION INC COLL 2085623274 6056 BIRCH LANE SUITE 200 MS 1000 NAMPA ID 83783 MITCH MINNETTE EXECUTIVE DIRECTOR 2085623274 2019-03-06 1 KIM HUNWARDSEN CPA P00484560 2083447150 2019-03-06 199.116.169.107 2019-03-06 17:52:06 MS P 54DDEF13690F1D53DF99E4932A989F628D7A7135 8AC2324F88778FA9EA489337526FD742F7DEB9B0 2016 2019-02-21 02:37:17Z MITCH MINNETTE 6056 BIRCH LANE SUITE 200 MS 1000 NAMPA ID 83783 1562080 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. 20 20 0 23 0 0 323716 491121 55001 0 -34742 107031 0 1716 343975 599868 526451 452965 0 0 0 0 0 0 0 55756 61401 582207 514366 -238232 85502 4285295 4649479 38090 112765 4247205 4536714 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 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 452965 452965 THE COLLEGE OF WESTERN IDAHO FOUNDATION RAISED AND MANAGED SCHOLARSHIP FUNDS, PROGRAM SUPPORT, AND PRIVATE RESOURCES FOR THE THE COLLEGE OF WESTERN IDAHO STUDENTS AND PROGRAMS WHICH SUPPORT THE MISSION AND PRIORITIES OF THE COLLEGE. DURING THE FISCAL YEAR ENDING JUNE 30, 2017, THE FOUNDATION PROVIDED SCHOLARSHIP FUNDS TO THE COLLEGE OF WESTERN IDAHO, WHO IN TURN PROVIDED SCHOLARSHIPS TO 237 STUDENTS TOTALING $240,966. THE FOUNDATION ALSO PROVIDED PROGRAM SUPPORT TOTALING $211,999 TO THE COLLEGE OF WESTERN IDAHO. 452965 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 1 1 0 0 0 0 X 20 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X AMANDA K MILLER 2085623274 6056 BIRCH LANE SUITE 200 NAMPA ID 83653 X MARY MAY PRESIDENT 1.00 X X 0 0 0 EDWARD BARRETT VICE PRESIDENT 1.00 X X 0 0 0 KEVIN RIGENHAGEN TREASURER 1.00 X X 0 0 0 DAN BERNERT UNTIL 072016 DIRECTOR 1.00 X 0 0 0 CYNTHIA MELILLO DIRECTOR 1.00 X 0 0 0 DR RICHARD RADNOVICH DIRECTOR 1.00 X 0 0 0 EARL SULLIVAN DIRECTOR 1.00 X 0 0 0 HART GILCHRIST DIRECTOR 1.00 X 0 0 0 IVAN CASTILLO DIRECTOR 1.00 X 0 0 0 JOAN DEAL DIRECTOR 1.00 X 0 0 0 JOEL HICKMAN DIRECTOR 1.00 X 0 0 0 KARL KEELER DIRECTOR 1.00 X 0 0 0 LEW MANGLOS UNTIL 092016 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 MIKE REYNOLDSON DIRECTOR 1.00 X 0 0 0 RAMONA RIDLEY DIRECTOR 1.00 X 0 0 0 MARK DUNHAM DIRECTOR 1.00 X 0 0 0 JAYSON RONK DIRECTOR 1.00 X 0 0 0 MICHAEL YBARGUEN DIRECTOR 1.00 X 0 0 0 MOLLY LENTY DIRECTOR 1.00 X 0 0 0 BERT GLANDON EX OFFICIO, CWI PRESIDENT 1.00 X 0 0 0 BRENT OLMSTEAD UNTIL 032017 DIRECTOR 1.00 X 0 0 0 MITCH MINNETTE EXECUTIVE DIRECTOR 40.00 X 0 0 0 0 0 0 0 0 0 1 0 9888 75777 405456 12750 491121 70107 70107 988808 951884 36924 36924 36924 12044 75777 10328 1716 1716 599868 0 0 108747 452965 452965 1138 1138 15310 15310 23256 23256 723 723 6786 6786 3590 3590 7671 7671 MEMBERSHIPS & SUBSCRIPT 1439 1439 PROFESSIONAL DEVELOPMEN 484 484 1004 1004 514366 452965 61401 0 1716799 1547492 9793 8930 6654 12494 2552049 2945381 128688 0 6494 4285295 4649479 38090 112765 38090 112765 X 472082 612146 2643835 2754862 1131288 1169706 4247205 4536714 4285295 4649479 85502 204007 0 X 0 1 X 1 0 X 482653 759642 382920 323716 491121 2440052 482653 759642 382920 323716 491121 2440052 788671 1651381 54582 52732 49534 70844 70107 297799 2737851 358539 0.60320 0.39100 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1202279 38418 149712 40951 1349458 1237589 20624 -49729 6205 1202279 1238442 30919 15375 47147 1237589 1071563 53336 164831 51288 1238442 1051931 534 76057 56959 1071563 0.00000 0.86680 0.13320 0 0 0 X 1046669 204007 267766 -1716 470057 576612 23256 23256 599868 757160 267766 -1716 266050 491110 23256 23256 514366 PART V, LINE 4: THE FOUNDATION'S ENDOWMENT FUNDS ARE INTENDED TO BE USED FOR SCHOLARSHIPS AND COLLEGE PROGRAM SUPPORT. THE ENDOWMENT CONSISTS OF 32 INDIVIUDAL 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), AND QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTIONS 170(B)(1)(A)(VI), AND HAS BEEN DETERMINED NOT TO BE A PRIVATE FOUNDATION UNDER SECTION 509(A)(1). 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-T) 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. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES REPORTED WITH REVENUE 10,328. COST OF DIRECT BENEFIT TO DONORS INCLUDED IN REVENUE -12,044. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES REPORTED WITH REVENUE 10,328. COST OF DIRECT BENEFIT TO DONORS INCLUDED IN REVENUE -12,044. OPENING DOORS 2016 87821 75777 12044 1446 6136 2746 87821 75777 12044 1446 6136 2746 10328 1716 1 THE COLLEGE OF WESTERN IDAHO 6056 BIRCH LANE SUITE 200 NAMPA ID 83687 260684268 STATE OF IDAHO 452965 DEPARTMENTAL SUPPORT, PROGRAM SUPPORT, AND SCHOLARSHIP FUNDS FOR THE COLLEGE 1 0 PART I, LINE 2: THE FOUNDATION'S SCHOLARSHIP COORDINATOR MAINTAINS RECORDS FOR THE SCHOLARSHIP GRANTS AND ASSISTANCE. THE RECORDS ARE COORDINATED WITH THE COLLEGE OF WESTERN IDAHO FINANCIAL AID DIRECTOR TO CONFIRM SCHOLARSHIP ELIGIBILITY. 0 0 0 0 0 0 0 0 0 SCHEDULE J, PART II, COMPENSATION FROM UNRELATED ORGANIZATION: THE ORGANIZATION'S EXECUTIVE DIRECTOR, MITCH MINNETTE, IS COMPENSATED ANNUALLY BY THE COLLEGE OF WESTERN IDAHO, AN UNRELATED ORGANIZATION. THE ORGANIZATION HAS REPORTED ON PART VII $73,863 IN COMPENSATION AND $21,919 IN EMPLOYEE BENEFITS PAID TO THE EXECUTIVE DIRECTOR POSITION ON THE ORGANIATION'S BEHALF FOR 2016. 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 A, LINE 1 THE GOVERNING BODY DELEGATES AUTHORITY TO ACT ON ITS BEHALF TO THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE CONSISTS OF THE CHAIR, VICE CHAIR, SECRETARY, TREASURER, IMMEDIATE PAST CHAIRS AND THE CHAIRS OF THE FOLLOWING BOARD COMMITTEES: AUDIT, BOARD DEVELOPMENT, GOVERNANCE, MARKETING AND SPECIAL EVENTS, SCHOLARSHIP, AND INVESTMENT. ALL MEMBERS OF THE EXECUTIVE COMMITTEE ARE VOTING DIRECTORS. THE EXECUTIVE COMMITTEE SHALL EXERCISE ALL POWERS OF THE BOARD BETWEEN THE MEETING OF SAID BOARD, EXCEPT THE EXECUTIVE COMMITTEE MAY NOT TAKE THE FOLLOWING ACTION: (I) AUTHORIZE DISTRIBUTIONS, (II) APPROVE DISSOLUTION, MERGER OR THE SALE, PLEDGE OR TRANSFER OF ALL OR SUBSTANTIALLY ALL OF THE FOUNDATIONS ASSETS (III) ELECT APPOINT OR REMOVE DIRECTS OR FILL VACANCIES OF THE BOARD OF DIRECTORS ON ANY OF ITS COMMITTEES, OR (IV) ADOPT, AMEND, OR REPEAL THE ARTICLES OF THE BYLAWS. 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 BEFORE THE OCTOBER 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 ANNUALLY BY THE COLLEGE OF WESTERN IDAHO, AN UNRELATED ORGANIZATION. THE ORGANIZATION HAS NOT 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.