2014-12-23T15:08:21-06:00 2014-06-30 911194016 CLARK NUBER PS 10900 NE 4TH STREET SUITE 1700 BELLEVUE WA 98004 990 2013-07-01 916073519 WESTERN WASHINGTON UNIVERSITY FOUNDATION WEST 3606504283 OLD MAIN 430 516 HIGH STREET BELLINGHAM WA 98225 MARK BROVAK SENIOR DIRECTOR AND COO 3606504283 2014-12-22 1 SARA ELIZABETH J HYRE P00235495 4254544919 2014-12-22 2013 2015-11-30 17:44:51Z STEPHANIE C BOWERS OLD MAIN 430 516 HIGH STREET BELLINGHAM WA 98225 12819169 0 X WWW.FOUNDATION.WWU.EDU X 1966 WA BY INSPIRING OUR COMMUNITY TO GIVE, WE SECURE AND STEWARD PRIVATE RESOURCES TO ADVANCE SCHOLARSHIP, RESEARCH AND CREATIVITY. 23 23 0 65 0 0 5679270 6176586 789737 827401 1041687 1265357 108042 88118 7618736 8357462 2454048 2896323 0 0 363265 269979 0 0 526980 3204077 3712875 6021390 6879177 1597346 1478285 71975305 81968000 14563457 16169788 57411848 65798212 X THE WESTERN WASHINGTON UNIVERSITY FOUNDATION IS A NON-PROFIT, PUBLIC 501(C)(3) ORGANIZATION THAT ADVANCES THE MISSION OF THE UNIVERSITY: "BY INSPIRING OUR COMMUNITY TO GIVE, WE SECURE AND STEWARD PRIVATE RESOURCES TO ADVANCE SCHOLARSHIP, RESEARCH AND CREATIVITY."THE FOUNDATION WAS ESTABLISHED IN 1966 AS A VEHICLE TO RECEIVE AND ENCOURAGE PRIVATE GIVING TO WWU. THE FOUNDATION IS LED BY A GROUP OF DEDICATED BOARD MEMBERS WHO GROW AWARENESS OF THE IMPORTANCE OF PRIVATE SUPPORT TO PUBLIC INSTITUTIONS. THESE ALUMNI, PARENT AND COMMUNITY LEADERS BRING THEIR EXPERIENCES IN BUSINESS, EDUCATION, SCIENCE, AND NON-PROFITS AND SHARE THE COMMON MISSION OF ENGAGING NEW FRIENDS FOR WESTERN WHILE ALSO STEWARDING THE MORE THAN $75 MILLION IN ASSETS UNDER THE FOUNDATION'S MANAGEMENT. GIFTS FUND STUDENT SCHOLARSHIPS, AS WELL AS PROGRAM AND FACULTY MEMBER SUPPORT. 0 0 3131605 0 827401 HIGHER EDUCATION: PROVIDE OTHER PROGRAM SERVICES TO WESTERN WASHINGTON UNIVERSITY TO INCLUDE EQUIPMENT PURCHASES, FACULTY AND STUDENT TRAVEL, CONFERENCES, HONORARIA, SUPPLIES, AND OTHER. 2335355 2335355 HIGHER EDUCATION: 1,257 SCHOLARSHIPS AWARDED TO INDIVIDUAL STUDENTS. 340585 340585 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. 220383 220383 0 HIGHER EDUCATION: GRANT CASH TO WESTERN WASHINGTON UNIVERSITY 220383 220383 6027928 1 1 0 0 0 0 0 0 1 1 1 1 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 1 0 0 0 1 0 0 0 1 61 0 1 0 0 0 0 0 0 1 1 0 0 0 0 X 23 23 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 DAN GUY PRESIDENT 4.00 X X 0 0 0 BRUCE CLAWSON VICE PRESIDENT 4.00 X X 0 0 0 MARJORIE HATTER TREASURER 4.00 X X 0 0 0 JEAN CARTER SECRETARY 4.00 X X 0 0 0 SAM BAKER BOARD MEMBER 2.00 X 0 0 0 SUE CEDERGREEN BOARD MEMBER 2.00 X 0 0 0 ANNE COOPER BOARD MEMBER 2.00 X 0 0 0 JACK CULLEN BOARD MEMBER 2.00 X 0 0 0 MARGARET CURTIS BOARD MEMBER 2.00 X 0 0 0 JOSEPH ERICKSON BOARD MEMBER 2.00 X 0 0 0 KAREN FREEMAN BOARD MEMBER 2.00 X 0 0 0 HOYT GIER BOARD MEMBER 2.00 X 0 0 0 SCOTT HARRINGTON BOARD MEMBER 2.00 X 0 0 0 SCOTT HOUGHTON BOARD MEMBER 2.00 X 0 0 0 KRIS ILGENFRITZ BOARD MEMBER 2.00 X 0 0 0 DAVID MANN BOARD MEMBER 2.00 X 0 0 0 DAN MCCONNELL BOARD MEMBER 2.00 X 0 0 0 ROBIN RUSSELL BOARD MEMBER 2.00 X 0 0 0 JEFF SMYTH BOARD MEMBER 2.00 X 0 0 0 NANCY TAUSSIG BOARD MEMBER 2.00 X 0 0 0 ED THOMAS BOARD MEMBER 2.00 X 0 0 0 JERRY THON BOARD MEMBER 2.00 X 0 0 0 JOHN WARNER BOARD MEMBER 2.00 X 0 0 0 STEPHANIE BOWERS EXECUTIVE DIRECTOR 15.00 X 70659 0 10045 MARK BROVAK SENIOR DIRECTOR & COO 20.00 X 59522 0 6655 130181 0 16700 0 0 0 1 0 11032 6165554 495373 6176586 ENDOWMENT MGMT FEES 561000 651592 651592 UNIV. SUPPORTED EVENTS 561000 175809 175809 827401 1187714 1187714 136954 54974 81980 81980 81980 4346417 124900 4360917 32757 -14500 92143 77643 77643 968 11032 13059 -12091 -12091 OTHER REVENUE 900099 18229 18229 18229 8357462 827401 0 1353475 560968 560968 2335355 2335355 269979 239259 30720 1998 1998 34281 34281 119476 69503 49973 61578 18143 43435 4956 3458 698 800 819298 564352 88848 166098 43858 41077 2625 156 91860 55048 36812 401782 308626 15631 77525 668527 452767 27165 188595 8085 8085 43141 5937 36778 426 ADMINISTRATIVE EXPENSES 696813 696813 EQUIPMENT 562664 561400 1264 DUES AND TRAINING 95184 71747 2058 21379 REPAIRS AND MAINTENANCE 59374 35390 20779 3205 6879177 6027928 324269 526980 437771 702080 4342482 4361907 88008 23591 28956 380 590117 40814 569285 549303 59285086 68651336 7223717 7679403 71975305 81968000 193165 145773 13047014 14907271 1323278 1116744 14563457 16169788 X 14230832 16277142 18119831 23281624 25061185 26239446 57411848 65798212 71975305 81968000 1478285 6908079 0 X 0 1 X 1 0 X 6082175 4884874 5325975 5679270 6176586 28148880 2617671 2682678 2197121 2730236 2913341 13141047 8699846 7567552 7523096 8409506 9089927 41289927 532699 40757228 972933 1003900 1034225 1113012 1324668 5448738 24929 18229 43158 46781823 1648563 0.87120 0.88090 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER REVENUE - 2012 AMOUNT: $ 24,929. 2013 AMOUNT: $ 18,229. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 40846320 1363503 6757460 1338381 47628902 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 0.23980 0.55100 0.20920 0 0 163758 163758 397442 16560 380882 28917 24254 4663 549303 LAND - LONG TERM POOL 2811600 F REAL PROPERTY INVESTMENTS 160000 F ANNUITY & LIFE INVESTMENTS 4707803 C 7679403 ANNUITY AND LIFE INCOME PAYABLES 1116744 1116744 18246915 6908079 2913341 9821420 8425495 -68033 -68033 8357462 9860551 2913341 68033 2981374 6879177 0 6879177 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 -54,974. SPECIAL EVENT EXPENSES -13,059. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 54,974. SPECIAL EVENT EXPENSES 13,059. 1 WESTERN WASHINGTON UNIVERSITY 516 HIGH STREET BELLINGHAM WA 98225 916000562 501(C)(3) 220383 340585 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 1257 2335355 BOOK SCHOLARSHIPS FOR STUDENTS OF WESTERN WASHINGTON UNIVERSITY. 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 EXECUTIVE DIRECTOR 70659 0 0 0 0 0 10045 0 0 0 80704 0 0 0 MARK BROVAK SENIOR DIRECTOR & COO 59522 0 0 0 0 0 6655 0 0 0 66177 0 0 0 SCHEDULE J, PART II, COMPENSATION: COMPENSATION IS DETERMINED AND PAID BY WESTERN WASHINGTON UNIVERSITY, AN UNRELATED ORGANIZATION. X 2 70570 FAIR MARKET VALUE X 48283 FAIR MARKET VALUE X 5281 FAIR MARKET VALUE X 20 186537 FAIR MARKET VALUE X 8 18408 FAIR MARKET VALUE X MISCELLANEOUS 15 126591 FAIR MARKET VALUE X AUCTION ITEMS 140 31780 FAIR MARKET VALUE X GIFT CERT. 35 4569 FAIR MARKET VALUE X FOOD 17 3354 FAIR MARKET VALUE 0 0 1 0 PART I, COLUMN (B): THE NUMBER REPORTED IN SCHEDULE M, PART I, COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS RECEIVED. 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 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. FORM 990, PART VI, SECTION B, LINE 15 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 UNIVERSITY. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S GOVERNING DOCUMENTS, KEY POLICY DOCUMENTS, FORM 990, 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. 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