2013-02-11T09:42:11-06:00 2012-06-30 910189318 MOSS ADAMS LLP 601 W RIVERSIDE SUITE 1800 SPOKANE WA 992010629 990 2011-07-01 820337334 NORTH IDAHO COLLEGE FOUNDATION INC NORT 2087695978 1000 W GARDEN AVENUE COEUR DALENE ID 83814 RAYELLE ANDERSON 2087695978 2013-02-08 1 CHERI R BURNHAM CPA P00055324 5097472600 2011 2016-02-25 16:41:14Z RAYELLE ANDERSON 1000 W GARDEN AVENUE COEUR DALENE ID 83814 2392325 0 X WWW.NIC.EDU/FOUNDATION X 1977 ID NORTH IDAHO COLLEGE FOUNDATION WAS FOUNDED TO PROVIDE A FOCUSED EFFORT TO ENCOURAGE PRIVATE SUPPORT FOR THE EDUCATIONAL MISSION OF NORTH IDAHO COLLEGE. THE FOUNDATION STRIVES TO ENHANCE AVAILABLE CAPITAL FOR STUDENT SCHOLARSHIPS, EDUCATIONAL FACILITIES, PROGRAMS AND PROJECTS THAT WOULD NOT BE FUNDED THROUGH TRADITIONAL SOURCES OF SUPPORT. 26 26 0 135 0 0 1376968 907106 0 0 254487 572684 391661 269922 2023116 1749712 595201 830569 0 0 132345 140915 0 0 157946 170328 274537 897874 1246021 1125242 503691 17637771 17177613 1289777 469143 16347994 16708470 NORTH IDAHO COLLEGE FOUNDATION PARTNERS WITH DONORS TO INVEST IN NORTH IDAHO COLLEGE, THE STUDENTS, AND EMPLOYEES TO PROVIDE ACCESS TO EXCEPTIONAL EDUCATIONAL OPPORTUNITIES. 0 0 865382 830569 11060 NORTH IDAHO COLLEGE FOUNDATION, INC. PROVIDES SCHOLARSHIPS AND OTHER SOURCES OF ASSISTANCE TO NORTH IDAHO COLLEGE STUDENTS, FACULTY AND FOR EDUCATIONAL ACTIVITIES. 865382 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 13 5 1 0 0 0 0 0 0 0 0 0 0 0 X 26 26 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 1 0 0 X MELANIE DROESCH 2087695978 1000 W GARDEN AVE COEUR DALENE ID 83814 JOE ABATE 1.00 X 0 0 0 MIC ARMON 1.00 X 0 0 0 JODY AZEVEDO 1.00 X 0 0 0 CJ BUCK 1.00 X 0 0 0 JIM COLEMAN 1.00 X 0 0 0 BRAD DUGDALE 1.00 X 0 0 0 JIM EISSES 1.00 X 0 0 0 ART ELLIOTT 1.00 X 0 0 0 JOHN GOEDDE 1.00 X 0 0 0 RON JACOBSON 1.00 X 0 0 0 STEVE MEYER 1.00 X 0 0 0 CLAUDIA MIEWALD 1.00 X 0 0 0 BEN ROLPHE 1.00 X 0 0 0 RICHARD SAMS 1.00 X 0 0 0 SUE THILO 1.00 X 0 0 0 JIM THORPE 1.00 X 0 0 0 TOM TORGERSON 1.00 X 0 0 0 MARC WALLACE 1.00 X 0 0 0 JOHN YOUNG 2.00 X X 0 0 0 TIM KOMBEREC 2.00 X X 0 0 0 MARK FISHER 1.00 X 0 0 0 DAVID WOLD 2.00 X X 0 0 0 PRISCILLA BELL 2.00 X X 0 0 0 MICHELLE SCHINI HANELINE 2.00 X X 0 0 0 PAT CLEVENGER 1.00 X 0 0 0 JOHN LITTLE 1.00 X 0 0 0 PETER SMITH 1.00 X 0 0 0 JIM TIPPETT 1.00 X 0 0 0 TROY TYMESEN 1.00 X 0 0 0 RAYELLE ANDERSON 45.00 X 47479 0 12134 47479 0 12134 0 0 0 0 0 907106 96916 907106 345965 345965 54712 0 54712 54712 54712 573482 346763 226719 226719 226719 500000 295850 204150 204150 OTHER INCOME 999999 11060 11060 11060 1749712 11060 0 831546 830569 830569 64422 33294 31128 68426 35391 33035 8067 4155 3912 1525 1525 21538 21538 110772 110772 10888 2160 8728 4142 4142 933 933 6044 6044 21076 21076 13737 13737 6881 6881 BAD DEBTS EXPENSE 74250 74250 NIC PRES. ALLOWANCE 1706 1706 PLANNING-GIVING CULTIVA 1045 1045 1246021 865382 222693 157946 33214 29673 2482412 2302923 249500 0 67945 73698 213771 206278 16760 0 144669 14605 490564 130064 25065 26090 13571373 14081611 487167 327276 17637771 17177613 67015 40543 425800 428600 796962 0 1289777 469143 X 2435225 2711438 4205753 3866151 9707016 10130881 16347994 16708470 17637771 17177613 X 503691 -143215 X X 0 1 1 X 0 X 914013 1131652 3566040 1376968 907106 7895779 914013 1131652 3566040 1376968 907106 7895779 2841330 5054449 398858 363898 366947 418624 400677 1949004 500000 508658 500000 516995 511060 2536713 12381496 0.40820 0.40350 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: GAMING RECEIPTS OTHER INCOME RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 14042207 403043 79999 285464 14239785 11133082 1023014 2103282 217171 14042207 8099547 2187905 1139732 294102 11133082 9145429 837272 -1581575 301579 8099547 0.13460 0.15390 0.71150 0 0 130000 130000 4819 4755 64 9850 9850 0 130064 COMMON FUND SECURITIES 14081611 F 14081611 1749712 1246021 503691 -149611 6396 -143215 360476 1791575 -149611 6396 295850 152635 1638940 110772 110772 1749712 1431099 295850 295850 1135249 110772 110772 1246021 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE ENDOWMENT HAS BEEN ESTABLISHED TO SUSTAIN OUR CHARITABLE MISSION AND TO PROVIDE A LONG TERM SOURCE OF INCOME FOR PROVIDING SCHOLARSHIPS TO STUDENTS OF NORTH IDAHO COLLEGE AND FOR SUPPORTING OTHER PROGRAMS OF NORTH IDAHO COLLEGE. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) EXCEPT TO THE EXTENT OF UNRELATED BUSINESS TAXABLE INCOME AS DEFINED UNDER IRC SECTIONS 511 THROUGH 515. THE FOUNDATION RECOGNIZES THE TAX BENEFIT FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITIONS WILL BE SUSTAINED ON EXAMINATION BY THE TAX AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFIT IS MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE FOUNDATION RECOGNIZES INTEREST AND PENALTIES RELATED TO INCOME TAX MATTERS, IF ANY, IN OPERATING EXPENSES. THE FOUNDATION HAD NO UNRECOGNIZED TAX BENEFITS AT JUNE 30, 2012 AND 2011. NO INTEREST AND PENALTIES WERE ACCRUED UPON ADOPTION OR FOR THE YEARS ENDED JUNE 30, 2012 AND 2011. THE FOUNDATION FILES AN EXEMPT ORGANIZATION RETURN IN THE U.S. FEDERAL JURISDICTION AND WITH THE IDAHO CHARITIES DIVISION. THE FOUNDATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY TAXING AUTHORITIES FOR YEARS BEFORE 2009 FOR ITS FEDERAL AND BEFORE 2008 FOR ITS STATE FILINGS. PART XII, LINE 2D - OTHER ADJUSTMENTS: GAMING DIRECT EXPENSES 295,850. PART XIII, LINE 2D - OTHER ADJUSTMENTS: GAMING DIRECT EXPENSES 295,850. 500000 251382 44468 1 0.85000 500000 251382 44468 295850 204150 ID 1 0 1 0 0.00000 1.00000 DEBORAH MCKENNA 1000 W GARDEN AVE COEUR DALENE ID 83814 0 DEBORAH MCKENNA KRISTEN MCFADDEN 0 KRISTEN MCFADDEN, CO-GAMING MANAGER, DUTIES INCLUDE EVENT AND TICKET SALE COORDINATION, PROMOTION, AND VOLUNTEER RECRUITMENT. DEBORAH MCKENNA, CO-GAMING MANAGER, DUTIES INCLUDE RECORD KEEPING, REPORTING, AND DEPOSITS. COMPENSATION - EACH INDIVIDUAL ABOVE INCORPORATES THEIR ACTIVITIES FOR THE "REALLY BIG RAFFLE" INTO THEIR DUTIES AS BOOKKEEPER (MS. MCKENNA) AND DATABASE INFORMATION COORDINATOR (MS. MCFADDEN). AS SUCH, THEIR PAY IS NOT SPECIFICALLY LINKED TO THEIR ACTIVITIES AS "GAMING MANAGER." X 1 204150 1 NORTH IDAHO COLLEGE 1000 W GARDEN AVE COEUR DALENE ID 83814 826000936 501(C)(3) 830569 SCHOLARSHIPS & PROGRAM SUPPORT 1 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: STUDENT SCHOLARSHIP FUNDS ARE AWARDED BY NORTH IDAHO COLLEGE THROUGH AN INDEPENDENT SELECTION PROCESS INVOLVING COMMITTEES BASED ON THE CRITERIA OF EACH SCHOLARSHIP FUND. THE FOUNDATION DOES NOT CHOOSE RECIPIENTS, RATHER, THE FOUNDATION SENDS FUNDS TO THE COLLEGE INDICATING HOW MUCH IS AVAILABLE FOR EACH FUND, ALONG WITH THE CRITERIA FOR EACH FUND. FOUNDATION GRANTS ARE MADE AVAILABLE TO THE COLLEGE'S STAFF, FACULTY, AND STUDENT GROUPS THROUGH A COMPETITIVE PROCESS. GRANTS ARE NOT FOR PERSONAL REWARD BUT MUST BE RELATED TO PROJECTS AND PROGRAMS THAT FURTHER THE MISSION OF THE COLLEGE. AWARDS ARE DISTRIBUTED TO GRANTEES VIA THE COLLEGE DEPARTMENTS AND IN LINE WITH THE COLLEGE'S PURCHASING PROCESS. X 1 74030 SALES PRICE/FMV X PRIZES AND GIFTS 27 4488 COST OF DONATED PROPERTY X BUILDING & SUPPLIES 16 18398 COST OF DONATED PROPERTY 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 COPY IS PROVIDED TO ORGANIZATION'S TREASURER, WHO IS CURRENTLY A CPA, AND THE EXECUTIVE DIRECTOR WHO REVIEW AND APPROVE BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S BOARD MEMBERS ARE SUBJECT TO THE CONFLICT OF INTEREST POLICY. THE POLICY IS REVIEWED ANNUALLY WITH BOARD MEMBERS, THEN AGAIN AS NEEDED FOR SPECIFIC ISSUES COMING TO THE BOARD'S ATTENTION. PARTIES WHO HAVE A POTENTIAL CONFLICT ARE TO ABSTAIN FROM VOTING. FORM 990, PART VI, SECTION B, LINE 15A EXECUTIVE DIRECTOR SALARY IS DETERMINED BY NORTH IDAHO COLLEGE. NORTH IDAHO COLLEGE BASES ALL SALARIES ON A MARKET BASED SALARY SURVEY. THE PORTION OF THE SALARY PAID BY NORTH IDAHO COLLEGE FOUNDATION IS APPROVED BY THE BOARD IN ITS APPROVAL OF THE BUDGET FOR THE FOUNDATION, USUALLY IN JUNE OF THE PREVIOUS FISCAL YEAR. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR INSPECTION UPON REQUEST. FORM 1023 WAS FILED BEFORE JULY 15, 1987 AND NO COPY WAS ON FILE ON JULY 15, 1987. THEREFORE, THIS FORM IS NOT REQUIRED TO BE AVAILABLE FOR PUBLIC INSPECTION PER INSTRUCTIONS FOR THIS LINE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -149,611. DONATED SERVICES AND USE OF FACILITIES: 6,396. TOTAL TO FORM 990, PART XI, LINE 5: -143,215. FORM 990, PART XI, LINE 2C: THE FOUNDATION HAS A COMMITTEE THAT IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT ACCOUNTANTS. THERE HAVE BEEN NO CHANGES TO THIS PROCESS DURING THE CURRENT YEAR.