2014-03-25T11:23:58-05:00 2013-06-30 911194016 CLARK NUBER PS 10900 NE 4TH STREET SUITE 1700 BELLEVUE WA 98004 990 2012-07-01 916073519 WESTERN WASHINGTON UNIVERSITY FOUNDATION WEST 3606504283 OLD MAIN 430 516 HIGH STREET BELLINGHAM WA 98225 MARK BROVAK 3606504283 2014-03-17 1 SARA ELIZABETH J HYRE P00235495 4254544919 2013-03-24 2012 2015-11-30 17:44:51Z STEPHANIE C BOWERS OLD MAIN 430 516 HIGH STREET BELLINGHAM WA 98225 11975563 0 X WWW.FOUNDATION.WWU.EDU X 1966 WA RAISE, INVEST, AND DISTRIBUTE PRIVATE CONTRIBUTIONS TO SUPPORT WESTERN WASHINGTON UNIVERSITY. 39 39 0 65 0 0 5325975 5679270 0 789737 921174 1041687 33615 108042 6280764 7618736 2928905 2454048 0 0 0 363265 0 0 455089 3115985 3204077 6044890 6021390 235874 1597346 64736125 71975305 12418461 14563457 52317664 57411848 X WESTERN WASHINGTON UNIVERSITY FOUNDATION IS A WASHINGTON NONPROFIT CORPORATION ESTABLISHED IN 1966 TO PROMOTE, AID, AND ASSIST THE EDUCATIONAL AND INSTRUCTIONAL PROGRAMS AND SERVICES OF WESTERN WASHINGTON UNIVERSITY. 0 0 1888226 1888226 HIGHER EDUCATION: 1,127 SCHOLARSHIPS AWARDED TO INDIVIDUAL STUDENTS. 298166 298166 HIGHER EDUCATION: GRANT CASH TO WESTERN WASHINGTON UNIVERSITY 267656 267656 HIGHER EDUCATION: GRANT GIFTS OF IN-KIND PROPERTY RECEIVED FOR WESTERN WASHINGTON UNIVERSITY TO INCLUDE COMPUTER HARDWARE AND SOFTWARE, TECHNICAL EQUIPMENT, GALLERY AND LIBRARY ADDITIONS AND OTHER. 2829562 789737 HIGHER EDUCATION: PROVIDE OTHER PROGRAM SERVICES TO WESTERN WASHINGTON UNIVERSITY TO INCLUDE EQUIPMENT PURCHASES, FACULTY AND STUDENT TRAVEL, CONFERENCES, HONORARIA, SUPPLIES, AND OTHER. 2829562 789737 5283610 1 1 0 0 0 0 0 0 1 1 1 1 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 1 70 0 1 0 0 0 0 0 0 1 1 0 0 0 0 X 39 39 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 WA X MARK BROVAK 3606504283 516 HIGH STREET MS 9034 BELLINGHAM WA 98225 JERRY THON 4.00 X X 0 0 0 DAN GUY 4.00 X X 0 0 0 BRUCE CLAWSON 4.00 X X 0 0 0 JOSEPH ERICKSON 4.00 X X 0 0 0 VIRGINIA ANDERSON 2.00 X 0 0 0 SAM BAKER 2.00 X 0 0 0 RALPH BLACK 2.00 X 0 0 0 RANDY BODE 2.00 X 0 0 0 PETER BOTTING 2.00 X 0 0 0 STEVE BRINN 2.00 X 0 0 0 JEAN CARTER 2.00 X 0 0 0 SUE CEDERGREEN 2.00 X 0 0 0 JAMES COPACINO 2.00 X 0 0 0 JACK CULLEN 2.00 X 0 0 0 MARGARET CURTIS 2.00 X 0 0 0 DR JAMES DOUGLAS 2.00 X 0 0 0 KAREN FREEMAN 2.00 X 0 0 0 HOYT GIER 2.00 X 0 0 0 DON GRANT 2.00 X 0 0 0 SCOTT HARRINGTON 2.00 X 0 0 0 MARJORIE HATTER 2.00 X 0 0 0 SCOTT HOUGHTON 2.00 X 0 0 0 KRIS ILGENFRITZ 2.00 X 0 0 0 JULIE LARSON-GREEN 2.00 X 0 0 0 DENNIS MADSEN 2.00 X 0 0 0 DAVID MANN 2.00 X 0 0 0 DAN MCCONNELL 2.00 X 0 0 0 TED MISCHAIKOV 2.00 X 0 0 0 TONY PECHTHALT 2.00 X 0 0 0 BRAD RADER 2.00 X 0 0 0 DR RALPH RINNE 2.00 X 0 0 0 MARNIE ROOZEN 2.00 X 0 0 0 ROBIN RUSSELL 2.00 X 0 0 0 JEFF SMYTH 2.00 X 0 0 0 ED THOMAS 2.00 X 0 0 0 JOHN WARNER 2.00 X 0 0 0 SCOTT WALKER 2.00 X 0 0 0 JOHN WOLFE 2.00 X 0 0 0 LISA WOO 2.00 X 0 0 0 STEPHANIE BOWERS 15.00 X 70561 0 10232 MARK BROVAK 20.00 X 57046 0 6373 127607 0 16605 0 0 0 1 0 111754 5567516 646649 5679270 ENDOWMENT MGMT FEES 561000 789737 789737 789737 1032310 1032310 80702 4545 76157 76157 76157 4302815 4293438 9377 9377 9377 34375 111754 58844 -24469 -24469 OTHER REVENUE 900099 56354 56354 56354 7618736 789737 0 1149729 565822 565822 1888226 1888226 363265 346188 1917 15160 1197 1197 37075 37075 103434 63992 39442 316771 164127 46869 105775 1181 423 593 165 401242 340041 27644 33557 42084 34795 6000 1289 37918 10484 27434 412229 323963 14539 73727 616913 444348 29331 143234 5098 5098 8758 8758 40657 3580 37077 ADMINISTRATIVE EXPENSES 633616 633616 DUES AND TRAINING 168408 120979 16831 30598 EQUIPMENT 127190 125455 729 1006 REPAIRS AND MAINTENANCE 65732 50842 11920 2970 184574 152873 11527 20174 6021390 5283610 282691 455089 1750884 437771 4122935 4342482 13715 88008 266000 0 26113 28956 585454 16169 2851957 569285 55704521 59285086 0 7223717 64736125 71975305 587235 193165 0 13047014 11831226 1323278 12418461 14563457 X 11863437 14230832 17501142 18119831 22953085 25061185 52317664 57411848 64736125 71975305 X 1597346 4886147 -1120399 -268910 X 0 1 X 1 0 X 5130055 6082175 4884874 5325975 5679270 27102349 2908714 2617671 2682678 2197121 2730236 13136420 8038769 8699846 7567552 7523096 8409506 40238769 325562 39913207 948444 972933 1003900 1034225 1113012 5072514 45311283 789737 0.88090 0.80140 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 35342263 2309964 5377061 2182968 40846320 36592265 771832 -80386 1422358 6000 512945 35342408 31322928 970121 6308134 1450674 24627 533617 36592265 26860304 2262672 3717417 1186705 19800 310960 31322928 29141225 2878275 -4388752 435667 50000 284777 26860304 0.23340 0.61350 0.15310 0 0 561200 561200 24254 16169 8085 569285 LAND - LONG TERM POOL 2789800 F REAL PROPERTY INVESTMENTS 192757 F ANNUITY & LIFE INVESTMENTS 4241160 C 7223717 ANNUITY AND LIFE INCOME PAYABLES 1323278 1323278 15298508 4886147 2730236 7616383 7682125 -63389 -63389 7618736 9083925 2730236 332299 3062535 6021390 0 6021390 PART IV, LINE 2B: THE FOUNDATION SERVES AS AN AGENT OF NORTHWEST INDIAN COLLEGE FOUNDATION (NWICF) TO INVEST AND MANAGE THE FUND'S ASSETS. UP TO 50% OF THE ENDOWMENT EARNINGS MAY BE USED TO PROVIDE SCHOLARSHIPS TO NEEDY STUDENTS WHO ARE GRADUATES OF, OR STUDENTS RECOMMENDED BY, NORTHWEST INDIAN COLLEGE. AT THE COMPLETION OF 20 YEARS, THE FOUNDATION MAY RECLAIM ITS ORIGINAL CONTRIBUTION TO THE ENDOWMENT FUND ALONG WITH ITS PORTION OF REINVESTED EARNINGS. THE FOUNDATION ALSO SERVES AS AN AGENT OF THE WESTERN WASHINGTON UNIVERSITY TO INVEST AND MANAGE THE FUND'S ASSETS. THESE ASSETS HAVE BEEN MERGED WITH THE ENDOWMENT INVESTMENTS OF THE FOUNDATION TO FORM A SINGLE INVESTMENT POOL FOR ENDOWMENTS. THE UNIVERSITY'S FUNDS ARE MAINTAINED SEPARATELY ON THE FINANCIAL SYSTEM OF THE FOUNDATION AND THEY RECEIVE A PROPORTIONAL SHARE OF THE INVESTMENT POOL'S ACTIVITY. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -4,545. SPECIAL EVENT EXPENSES -58,844. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 4,545. BAD DEBT RELATED TO PLEDGE RECEIVABLE 268,910. SPECIAL EVENT EXPENSES 58,844. SEATTLE ANNUAL EVENT 116394 91169 25225 3264 42095 3353 BELLINGHAM ANNUAL EVENT 29735 20585 9150 810 8324 998 0 146129 111754 34375 4074 50419 4351 58844 -24469 1 WESTERN WASHINGTON UNIVERSITY 516 HIGH STREET BELLINGHAM WA 98225 916000562 501(C)(3) 298166 267656 FMV VARIOUS ITEMS AS DETAILED ON SCHEDULE M ALL GRANTS ARE MADE TO SUPPORT THE MISSION OF WESTERN WASHINGTON UNIVERSITY. GRANTS ARE MADE TO SUPPORT ACADEMIC PROGRAMS AT THE UNIVERSITY. 1 SCHOLARSHIPS 1127 1888226 BOOK SCHOLARSHIPS FOR STUDENTS OF WESTERN WASHINGTON UNIVERSITY. PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: ALL GRANTS ARE MADE TO WESTERN WASHINGTON UNIVERSITY IN ACCORDANCE WITH THE FOUNDATION'S MISSION. THE FOUNDATION WORKS CLOSELY WITH THE UNIVERSITY TO ENSURE FUNDS ARE EXPENDED FOR THE PURPOSE INTENDED, USUALLY SPECIFIED BY THE DONOR. 0 0 0 0 0 0 0 0 0 STEPHANIE BOWERS 70561 0 0 0 0 0 6242 0 3990 0 80793 0 0 0 MARK BROVAK 57046 0 0 0 0 0 1125 0 5248 0 63419 0 0 0 SUPPLEMENTAL INFORMATION PART III SCHEDULE J, PART II, COMPENSATION: COMPENSATION IS DETERMINED AND PAID BY WESTERN WASHINGTON UNIVERSITY, AN UNRELATED ORGANIZATION. X 2 4800 FAIR MARKET VALUE X 43380 FAIR MARKET VALUE X 1859 FAIR MARKET VALUE X 13 378998 FAIR MARKET VALUE X 4 600 FAIR MARKET VALUE X FOOD 32 15535 FAIR MARKET VALUE X AUCTION ITEMS 218 66167 FAIR MARKET VALUE X GIFT CERTIFICATES 76 7029 FAIR MARKET VALUE X MISCELLANEOUS 31 114091 FAIR MARKET VALUE X FURNITURE 3 14190 FAIR MARKET VALUE 0 0 1 0 METHOD FOR DETERMINING NUMBER OF CONTRIBUTIONS: PART I, COLUMN (B): THE NUMBER REPORTED IN SCHEDULE M, PART I, COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS RECEIVED. DESCRIPTION OF VOLUNTEERS FORM 990, PART 1, LINE 6: AMOUNT REPRESENTS ESTIMATE OF COMMUNITY VOLUNTEERS THAT INTERACT WITH FOUNDATION STAFF ON VARIOUS ISSUES IN SUPPORT OF WESTERN WASHINGTON UNIVERSITY. INFORMATION WAS PROVIDED BY RECEIVING ESTIMATES FROM STAFF WITH THE INTERACTION WITH COMMUNITY VOLUNTEERS. SERVICES AND BENEFITS RANGE FROM HOURS OF VOLUNTEERING AT VARIOUS FUNCTIONS TO SERVING ON THE BOARD OR VARIOUS COMMITTEES. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS PREPARED AND REVIEWED BY OUTSIDE TAX COUNSEL. ONCE COMPLETED THE FORM 990 IS REVIEWED BY SENIOR MANAGEMENT AND THE AUDIT AND FINANCE COMMITTEE. A FINAL COPY OF THE FORM 990 IS PROVIDED TO THE BOARD BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS, OFFICERS, AND KEY VOLUNTEERS ANNUALLY COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM. ANY CONFLICTS ARE REVIEWED BY THE EXECUTIVE DIRECTOR WHO THEN DETERMINES WHETHER A CONFLICT EXISTS. IF NECESSARY, THE BOARD EXECUTIVE COMMITTEE WILL FOLLOW-UP TO ENSURE THAT ALL MEMBERS COMPLETE THE DISCLOSURE FORM. IF A CONFLICT DOES EXIST, THE BOARD MEMBER WILL RECUSE HIM OR HERSELF FROM VOTING AND DISCUSSION ON THE MATTER. THE FOUNDATION DOES NOT PAY COMPENSATION. HOWEVER, THERE IS COMPENSATION REPORTED FROM AN UNRELATED ORGANIZATION IN PART VII; WHICH IS DETERMINED AND REVIEWED BY WESTERN WASHINGTON UNIVESITY. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S GOVERNING DOCUMENTS, KEY POLICY DOCUMENTS, FORM 990'S, AND AUDITED FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART VI, LINE 2A: ALL EMPLOYEES ARE PAID BY WESTERN WASHINGTON UNIVERSITY. THEREFORE, THERE ARE NO EMPLOYEES REPORTED BY THE FOUNDATION. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: BAD DEBT RELATED TO PLEDGE RECEIVABLE -268,910. CHARITABLE UNITRUST(5) INVESTMENTS WA N/A T 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0