2016-11-10T09:34:30-06:00 2016-06-30 450250958 EIDE BAILLY LLP 877 W MAIN ST STE 800 BOISE ID 83702 990 2015-07-01 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 2016-11-09 1 KIM HUNWARDSEN CPA P00484560 2083447150 2016-11-09 2015 2017-02-10 21:41:12Z MITCH MINNETTE 6056 BIRCH LANE SUITE 200 MS 1000 NAMPA ID 83783 1887125 0 X HTTP://CWIDAHO.CC/ X 2009 ID TO PROVIDE SUPPORT FOR THE FUNDRAISING EFFORTS OF CWI AND TO MANAGE PRIVATELY DONATED FUNDS. 23 23 0 22 0 0 382920 323716 57324 55001 295472 -34742 0 0 735716 343975 852896 526451 0 0 0 0 0 0 0 66654 55756 919550 582207 -183834 -238232 4596281 4285295 76804 38090 4519477 4247205 X THE COLLEGE OF WESTERN IDAHO FOUNDATION IS A NON-PROFIT ORGANIZATION WHOSE PURPOSE IS TO SERVE AS AN AMBASSADOR FOR THE COLLEGE OF WESTERN IDAHO AND ITS MISSION BY THE WAY OF PHILANTHROPIC SUPPORT THROUGH EVENTS, ANNUAL CAPITAL GRANTS AND PLANNED GIVING FOR THE BENEFIT OF THE COLLEGE OF WESTERN IDAHO. THE FOUNDATION INVESTS AND MANAGES GIFTS RESPONSIBLY IN ACCORDANCE WITH THE DONOR'S WISHES. 0 0 55001 THE COLLEGE OF WESTERN IDAHO FOUNDATION RAISED AND MANAGED PRIVATE RESOURCES THAT SUPPORT THE MISSION AND PRIORITIES OF THE COLLEGE OF WESTERN IDAHO. 526451 526451 THE COLLEGE OF WESTERN IDAHO FOUNDATION RAISED AND MANAGED SCHOLARSHIPS AND PROGRAM SUPPORT FOR THE COLLEGE OF WESTERN IDAHO STUDENTS AND PROGRAMS. DURING THE FISCAL YEAR ENDING JUNE 30, 2016, THE FOUNDATION PROVIDED SCHOLARSHIPS TO 466 STUDENTS TOTALING $366,702 AND PROGRAM SUPPORT TOTALING $159,749 TO THE COLLEGE OF WESTERN IDAHO. 526451 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 3 0 1 0 0 0 0 0 0 1 1 0 0 0 0 X 23 23 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X MARISSA TAYLOR 2085623274 6056 BIRCH LANE SUITE 200 NAMPA ID 83653 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 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 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 DIRECTOR 1.00 X 0 0 0 MITCH MINNETTE EXECUTIVE DIRECTOR 40.00 X 75561 0 26868 75561 0 26868 0 0 0 1 0 323716 14198 323716 SPECIAL EVENT REVENUE 611710 55001 55001 55001 70844 70844 1437564 1543150 -105586 -105586 -105586 343975 55001 0 -34742 526451 526451 15350 15350 22030 22030 270 270 4314 4314 232 232 2545 2545 7665 7665 PROFESSIONAL DEVELOPMEN 1148 1148 MISCELLANEOUS 1137 1137 MEMBERSHIPS & SUBSCRIPT 1065 1065 582207 526451 55756 0 1848301 1716799 70074 9793 425 6654 2677481 2552049 4596281 4285295 76804 38090 76804 38090 X 511260 472082 2897553 2643835 1110664 1131288 4519477 4247205 4596281 4285295 -238232 -34040 0 X X 0 1 X 1 0 X 5679236 482653 759642 382920 323716 7628167 5679236 482653 759642 382920 323716 7628167 4526628 3101539 62720 54582 52732 49534 70844 290412 14242 14242 7932821 334451 0.39100 0.48690 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2011 AMOUNT: $ 14,242. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1237589 20624 -49729 6205 1202279 1238442 30919 15375 47147 1237589 1071563 53336 164831 51288 1238442 1051931 534 76057 56959 1071563 964443 115229 2894 30635 1051931 0.00000 0.94100 0.05900 0 0 0 X 597477 -34040 309572 -22030 253502 343975 0 343975 869749 309572 309572 560177 22030 22030 582207 PART V, LINE 4: THE FOUNDATION'S ENDOWMENT FUNDS ARE INTENDED TO BE USED FOR SCHOLARSHIPS AND COLLEGE PROGRAM SUPPORT. THE ENDOWMENT CONSISTS OF 30 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 A NOT-FOR-PROFIT ENTITY EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND A PUBLIC CHARITY UNDER SECTION 170(B)(1)(A)(VI). THIS EXEMPTION DOES NOT APPLY TO UNRELATED BUSINESS ACTIVITIES. ON THESE ACTIVITIES, THE FOUNDATION IS REQUIRED TO REPORT AND PAY FEDERAL AND STATE INCOME TAX. THE FOUNDATION IS ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE INTERNAL REVENUE SERVICE (IRS). 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: ENDOWMENT INVESTMENT FEES - RECLASS TO EXPENSES -22,030. PART XII, LINE 4B - OTHER ADJUSTMENTS: ENDOWMENT INVESTMENT FEES - RECLASS TO EXPENSES 22,030. 1 THE COLLEGE OF WESTERN IDAHO 6056 BIRCH LANE SUITE 200 NAMPA ID 83687 260684268 STATE OF IDAHO 159749 DEPARTMENTAL AND PROGRAM SUPPORT FOR THE COLLEGE THE COLLEGE OF WESTERN IDAHO 6056 BIRCH LANE SUITE 200 NAMPA ID 83687 260684268 STATE OF IDAHO 366702 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 MITCH MINNETTE EXECUTIVE DIRECTOR 75561 0 0 0 0 0 0 0 26868 0 102429 0 0 0 SCHEDULE J, PART II THE ORGANIZATION'S EXECUTIVE DIRECTOR IS COMPENSATED ANNUALLY 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 ORGANIATION'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. X MATERIALS & SUPPLIES 1 14198 COST 0 0 1 0 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 A, LINE 2 BUSINESS RELATIONSHIP: BERT GLANDON, CRAIG BROWN (NON-VOTING EX-OFFICIO BOARD MEMBER) AND CHERYL WRIGHT (NON-VOTING EX-OFFICIO BOARD MEMBER) FORM 990, PART VI, SECTION B, LINE 11 A COPY OF THE FORM 990 IS PROVIDED TO THE FINANCE AND EXECUTIVE COMMITTEE BY EMAIL FOR REVIEW BEFORE THE OCTOBER MEETING AND PRIOR TO FILING. 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 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. FORM 990, PART XII, LINE 2C: THE ORGANIZATION DID NOT CHANGE ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.