2012-12-07T16:26:50-06:00 2012-06-30 450250958 EIDE BAILLY LLP 877 W MAIN ST STE 800 BOISE ID 83702 990 2011-07-01 271159705 THE COLLEGE OF WESTERN IDAHO FOUNDATION INC COLL 2085623100 6056 BIRCH LANE SUITE 200 NAMPA ID 83687 ELINA DICOSTANZO 2085623242 2012-11-27 1 LEANN M SANNES P01258277 2083447150 2012-11-26 2011 2016-02-24 21:20:13Z ELINA DICOSTANZO 6056 BIRCH LANE SUITE 200 NAMPA ID 83687 6652028 0 X HTTP://CWIDAHO.CC/ X 2009 ID 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. 24 24 0 24 0 0 16834687 5679236 0 0 57529 39546 -8021 14242 16884195 5733024 365739 1134255 0 0 0 0 0 0 37741 31162 138187 396901 1272442 16487294 4460582 16723278 21342705 132099 310772 16591179 21031933 TO PROVIDE SUPPORT FOR THE PRIVATE FUNDRAISING EFFORTS OF THE COLLEGE OF WESTERN IDAHO AND TO MANAGE PRIVATELY DONATED FUNDS. 0 0 68464 -8932 THE COLLEGE OF WESTERN IDAHO FOUNDATION RAISED AND MANAGED PRIVATE RESOURCES THAT SUPPORT THE MISSION AND PRIORITIES OF THE COLLEGE OF WESTERN IDAHO. 1134255 1134255 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, 2012, THE FOUNDATION PROVIDED SCHOLARSHIPS TO 273 STUDENTS TOTALING $363,782 AND PROGRAM SUPPORT TOTALING $770,473 TO THE COLLEGE OF WESTERN IDAHO. 0 0 0 THE COLLEGE OF WESTERN IDAHO FOUNDATION RECEIVED THE DONATION OF A 176,264 SQUARE FOOT BUILDING INTENDED TO ASSIST WITH ACCOMMODATING THE GROWTH THE COLLEGE OF WESTERN IDAHO HAS EXPERIENCED DURING THE FIRST FEW YEARS. RENOVATION OF THE MICRON CENTER FOR PROFESSIONAL TECHNICAL EDUCATION WAS COMPLETED IN AUGUST 2012. THE FACILITY WILL BE THE PRIMARY LOCATION FOR COLLEGE OF WESTERN IDAHO PROFESSIONAL TECHNICAL EDUCATION PROGRAMS AS WELL AS ONE STOP STUDENT SERVICE AND THE COLLEGE OF WESTERN IDAHO BOOKSTORE. 1202719 1 1 0 0 0 0 0 0 0 1 1 1 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 1 1 1 1 0 0 0 0 X 24 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X BRIAN D SMITH 2085623168 6056 BIRCH LANE SUITE 200 NAMPA ID 83687 GARY DYER 2.00 X X 0 0 0 N CHARLES HEDEMARK 1.00 X X 0 0 0 MIKE REYNOLDSON 1.00 X X 0 0 0 EDWARD S BARRETT 1.00 X 0 0 0 GREGORY J BRAUN 1.00 X 0 0 0 GREGORY BYRON 1.00 X 0 0 0 BOB CARPENTER 1.00 X 0 0 0 JOAN DEAL 1.00 X 0 0 0 DEBBIE HENRY 1.00 X 0 0 0 JOEL HICKMAN 1.00 X 0 0 0 GUY HURLBUTT 1.00 X 0 0 0 ED JOHNSON 1.00 X 0 0 0 ALEX LABEAU 1.00 X 0 0 0 MERILEE MARSH 1.00 X 0 0 0 BOB MAYNARD 1.00 X 0 0 0 MIKE MOONEY 1.00 X 0 0 0 GARY MULTANEN 1.00 X 0 0 0 DR RICHARD RADNOVICH 1.00 X 0 0 0 KEVIN RIGENHAGEN 1.00 X 0 0 0 DR CHARLES RUCH 1.00 X 0 0 0 LAURI TOLMIE 1.00 X 0 0 0 ALICE WHITNEY 1.00 X 0 0 0 MARY MAY 1.00 X 0 0 0 ROGER MICHENER 1.00 X 0 0 0 JODI DAVIS-GEMPLER 40.00 X 66200 0 20621 66200 0 20621 0 0 0 0 0 5679236 148905 5679236 62720 62720 895830 919004 -23174 -23174 -23174 OTHER INCOME 611710 14242 14242 14242 5733024 -8932 0 62720 1134255 1134255 2577 2577 15305 15305 26400 26400 26801 26801 7073 7073 9524 9524 4576 4576 2332 2332 CELEBRATION EVENT 15805 15805 FACILITIES & EQUIPMENT 14863 14863 BAD DEBT EXPENSE 10025 10025 BANK CHARGES & FEES 1027 1027 1879 1879 1272442 1202719 31982 37741 692730 1822377 7705041 477644 5902114 1625490 0 482488 3892247 2332 0 3889915 2226730 2154950 196663 10889841 16723278 21342705 132099 310772 132099 310772 X 126008 14959654 15542518 5045650 922653 1026629 16591179 21031933 16723278 21342705 X 4460582 -19828 X X 0 1 1 X 0 X 16834687 5679236 22513923 16834687 5679236 22513923 11965165 10548758 59092 62720 121812 4217 14242 18459 22654194 61940 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 964443 115229 2894 24973 1057593 922653 51699 9909 964443 0.97070 0.02930 0 0 2773000 2773000 1119247 2332 1116915 3889915 INVESTMENTS SECURITIES 2154950 F 2154950 CONSTRUCTION IN PROGRESS 10889841 10889841 5733024 1272442 4460582 -19828 -19828 4440754 6071965 -19828 385169 -26400 338941 5733024 0 5733024 1631211 385169 385169 1246042 26400 26400 1272442 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: SCHOLARSHIPS AND PROGRAM SUPPORT DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE FOUNDATION HAS ADOPTED THE PROVISIONS OF ASC 740-10 (PREVIOUSLY FINANCIAL INTERPRETATION NO. 48, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES). AS OF JUNE 30, 2012, THE UNRECOGNIZED TAX BENEFIT ACCURAL WAS ZERO. INCOME TAX BENEFITS ARE RECOGNIZED FOR INCOME TAX POSITIONS TAKEN, OR EXPECTED TO BE TAKEN, IN A TAX RETURN ONLY WHEN IT IS DETERMINED THAT THE INCOME TAX POSITION WILL MORE LIKELY THAN NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE FOUNDATION HAS ANALYZED ITS TAX POSITIONS TAKEN FOR FILINGS WITH THE INTERNAL REVENUE SERVICE. THE FOUNDATION BELIEVES THAT ITS INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE AFFECT ON THE FOUNDATION'S FINANCIAL CONDITION, RESULTS OF OPERATIONS, OR CASH FLOWS. ACCORDINGLY, THE FOUNDATION HAS NOT RECORDED ANY TAX ASSETS OR LIABILITIES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN TAX POSITIONS AT JUNE 30, 2012 AND 2011. THE FOUNDATION WOULD RECOGNIZE INTEREST AND PENALTIES, IF ANY, RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE. PART XII, LINE 2D - OTHER ADJUSTMENTS: ENDOWMENT INVESTMENT FEES -26,400. PART XIII, LINE 4B - OTHER ADJUSTMENTS: ENDOWMENT INVESTMENT FEES 26,400. 1 COLLEGE OF WESTERN IDAHO 6056 BIRCH LANE SUITE 200 NAMPA ID 83687 260684268 GOVERNMENT ENTITY 770473 DEPARTMENTAL AND PROGRAM SUPPORT FOR THE COLLEGE COLLEGE OF WESTERN IDAHO 6056 BIRCH LANE SUITE 200 NAMPA ID 83687 260684268 GOVERNMENT ENTITY 363782 SCHOLARSHIP FUNDS FOR THE COLLEGE 1 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, 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. X 1 75536 FMV AT DONATION X MATERIALS & SUPPLIES 1 73269 FMV AT DONATION 0 1 0 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 NOVEMBER 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. PERSONS WITH A CONFLICT OF INTEREST ARE RECUSED FROM DISCUSSION AND VOTING. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -19,828. FORM 990, PART XII, LINE 2C: THE ORGANIZATION DID NOT CHANGE ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. FORM 990, PART VI, SECTION A, LINE 1A: 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 CHAIR, AND THE CHAIRS OF THE FOLLOWING BOARD COMMITTEES: AUDIT, DEVELOPMENT, GOVERNANCE, REAL ESTATE, AND INVESTMENT. ALL MEMBERS OF THE EXECUTIVE COMMITTEE ARE VOTING DIRECTORS. THE EXECUTIVE COMMITTEE SHALL EXERCISE ALL POWERS OF THE BOARD BETWEEN THE MEETINGS OF SAID BOARD, EXCEPT THE EXECUTIVE COMMITTEE MAY NOT TAKE THE FOLLOWING ACTIONS: (I) AUTHORIZE DISTRIBUTIONS, (II) APPROVE DISSOLUTION, MERGER OR THE SALE, PLEDGE OR TRANSFER OF ALL OR SUBSTANTIALLY ALL OF THE FOUNDATION'S ASSETS, (III) ELECT, APPOINT, OR REMOVE DIRECTORS OR FILL VACANCIES ON THE BOARD OF DIRECTORS ON ANY OF ITS COMMITTEES, OR (IV) ADOPT, AMEND, OR REPEAL THE ARTICLES OF THE BYLAWS. FORM 990, PART VII, SECTION A: THE ORGANIZATION'S EXECUTIVE DIRECTOR IS COMPENSATED ANNUALLY BY AN UNRELATED ORGANIZATION, THE COLLEGE OF WESTERN IDAHO.