WASHINGTON STATE UNIVERSITY FOUNDATION: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- WASHINGTON STATE UNIVERSITY FOUNDATION (EIN 91-1075542)
- Tax period
- 2021-07-01 to 2022-06-30
- Filed
- 2023-04-13
- IRS object ID
- 202301049349300530
- Schema version
- 2021v4.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-04-13T13:39:27-07:00 | ReturnTs |
| Tax Period End | 2022-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 135565207 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KPMG | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1300 SW 5th Avenue | AddressLine1Txt |
| Address Line2 | Suite 3800 | AddressLine2Txt |
| City | Portland | CityNm |
| State Abbreviation | OR | StateAbbreviationCd |
| ZIP | 97201 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 911075542 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WASHINGTON STATE UNIVERSITY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WASH | BusinessNameControlTxt |
| Phone | 5093351686 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 641927 | AddressLine1Txt |
| City | Pullman | CityNm |
| State Abbreviation | WA | StateAbbreviationCd |
| ZIP | 991641927 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Michael C Connell | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Phone | 5093356686 | PhoneNum |
| Signature | 2023-04-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | James R Lancaster | PreparerPersonNm |
| PTIN | P00742579 | PTIN |
| Phone | 3463486441 | PhoneNum |
| Preparation | 2023-04-13 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 1 | TrustedCustomerCd |
| OOB Security Verification | 11 | OOBSecurityVerificationCd |
| Last Submission Rqr OOB | 1 | LastSubmissionRqrOOBCd |
| Authentication Assurance Level | AAL2 | AuthenticationAssuranceLevelCd |
| Profile Password Change | Yes (X) | ProfilePasswordChangeInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Michael C Connell | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 641927 | AddressLine1Txt |
| City | Pullman | CityNm |
| State Abbreviation | WA | StateAbbreviationCd |
| ZIP | 991641927 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $319,379,831 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | http://foundation.wsu.edu | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1979 | FormationYr |
| Legal Domicile State | WA | LegalDomicileStateCd |
| Activity Or Mission | The mission of the Foundation is to promote, accept, and maximize private support for programs, initiatives, and properties of Washington State University and its regional campuses. The Foundation also prudently manages, invests, and stewards assets entrusted to it. | ActivityOrMissionDesc |
| Voting Members Governing Body | 21 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 20 | VotingMembersIndependentCnt |
| Total Employee | 118 | TotalEmployeeCnt |
| Total Volunteers | 173 | TotalVolunteersCnt |
| Total Gross UBI | -$364,862 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $80,100,918 | PYContributionsGrantsAmt |
| CY Contributions Grants | $102,514,867 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $7,907,345 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $13,437,662 | CYProgramServiceRevenueAmt |
| PY Investment Income | $17,362,726 | PYInvestmentIncomeAmt |
| CY Investment Income | $41,535,119 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $105,370,989 | PYTotalRevenueAmt |
| CY Total Revenue | $157,487,648 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $60,684,217 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $78,015,085 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $9,413,725 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $10,061,346 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $519,517 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $427,643 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $6,318,515 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $13,526,658 | PYOtherExpensesAmt |
| CY Other Expenses | $13,051,610 | CYOtherExpensesAmt |
| PY Total Expenses | $84,144,117 | PYTotalExpensesAmt |
| CY Total Expenses | $101,555,684 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $21,226,872 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $55,931,964 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $715,596,678 | TotalAssetsBOYAmt |
| Total Assets EOY | $699,641,456 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $16,388,468 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $16,561,766 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $699,208,210 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $683,079,690 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | The mission of the Foundation is to promote, accept, and maximize private support for programs, initiatives, and properties of Washington State University and its regional campuses. The Foundation also prudently manages, invests, and stewards assets entrusted to it. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $36,716,200 | ExpenseAmt |
| Grant | $36,596,752 | GrantAmt |
| Revenue | $6,303,585 | RevenueAmt |
| Desc | General Program Support: The Foundation does not directly provide the program service. However, contributions received for this purpose were distributed to the University for use in accordance with donor agreements. These contributions earmarked funds for general and administrative expenses, entrepreneurial activities, and other departmental and university wide programs. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $25,267,548 | ExpenseAmt |
| Grant | $25,185,345 | GrantAmt |
| Revenue | $4,338,035 | RevenueAmt |
| Desc | Scholarships & Fellowships: The Foundation does not directly award scholarships and fellowships. However, contributions for these purposes were distributed to the University for use in accordance with donor agreements. Student financial aid was received for loans, graduate fellowships, general scholarships and scholarships with specific criteria, such as merit, need, and multiculturalism. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $12,276,632 | ExpenseAmt |
| Grant | $12,236,693 | GrantAmt |
| Revenue | $2,107,702 | RevenueAmt |
| Desc | Facilities Operation and Maintenance: The Foundation does not directly provide facility and maintenance program services. However, contributions received for this purpose are distributed to the University for use in accordance with the donor agreements. Contributions were received for the purchase and maintenance of buildings and equipment. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (2 entries)
| ExpenseExpenseAmt | GrantGrantAmt | RevenueRevenueAmt | DescDesc |
|---|---|---|---|
| $2,120,772 | $2,113,872 | $364,103 | Research: The Foundation does not directly provide this program service. However, contributions received for this purpose were distributed to the University for disbursement in accordance with donor agreements. Contributions were received to further University wide research projects. |
| $1,888,567 | $1,882,423 | $324,237 | Professorships, Chairs and Instructions: The Foundation does not directly provide this program service. However, contributions received for this purpose were distributed to the University for disbursement in accordance with donor agreements. Contributions were largely used for faculty research projects, salary support and instructions outside the normal classroom. |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $4,009,339 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $3,996,295 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $688,340 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $78,269,719 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | Yes (1) | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (1) | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | Yes (1) | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (1) | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| Info In Schedule O Part V | Yes (X) | InfoInScheduleOPartVInd |
| IRP Document | 2 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 118 | EmployeeCnt |
| Employment Tax Returns Filed | 0 | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Form1098 C Filed | Yes (1) | Form1098CFiledInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 21 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 20 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | AK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CO | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NV | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | UT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WA | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Terry M Kelly | PersonNm |
| Phone | 5093587907 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 641927 | AddressLine1Txt |
| City | Pullman | CityNm |
| State Abbreviation | WA | StateAbbreviationCd |
| ZIP | 991641927 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (41 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|---|---|
| Michael C Connell | |||||||||
| Vice President, Chief Executive Officer | 39.8 | 0.2 | Yes (X) | $296,415 | $0 | $50,332 | |||
| Jon Derek Croteau | |||||||||
| Senior Associate Vice President | 40 | 0 | Yes (X) | $300,000 | $0 | $33,079 | |||
| Harold Don Shearer | |||||||||
| Senior Associate Vice President | 40 | 0 | Yes (X) | $240,641 | $0 | $38,892 | |||
| Juan Zavala | |||||||||
| Associate Vice President | 40 | 0 | Yes (X) | $163,844 | $0 | $24,079 | |||
| Karen Rasch | |||||||||
| Senior Director | 40 | 0 | $156,388 | $0 | $27,214 | Yes (X) | |||
| Victoria Miles | |||||||||
| Associate Vice President | 40 | 0 | Yes (X) | $153,322 | $0 | $24,729 | |||
| Trevor Durham | |||||||||
| Associate Vice President | 40 | 0 | $150,616 | $0 | $22,933 | Yes (X) | |||
| Theresa Boyer | |||||||||
| Director | 40 | 0 | $146,306 | $0 | $23,704 | Yes (X) | |||
| Amanto Marcotulli | |||||||||
| Director | 40 | 0 | $137,871 | $0 | $25,307 | Yes (X) | |||
| Lisa Calvert | |||||||||
| Vice President, Chief Executive Officer | 0 | 0 | $150,588 | $0 | $0 | Yes (X) | |||
| Dana Ulrich | |||||||||
| Director | 40 | 0 | $127,175 | $0 | $10,463 | Yes (X) | |||
| Julie Benson | |||||||||
| Associate Vice President | 40 | 0 | Yes (X) | $98,891 | $0 | $25,539 | |||
| Dawn M Barnard | |||||||||
| Chief Financial Officer effective 7/1/2021 | 40 | 0 | Yes (X) | $100,171 | $0 | $17,482 | |||
| Brent J Waugh | |||||||||
| Assistant Vice President | 40 | 0 | Yes (X) | $58,308 | $0 | $18,023 | |||
| George Keegan | |||||||||
| Senior Associate Vice President | 0 | 0 | $57,207 | $0 | $0 | Yes (X) | |||
| Jon Thorsen | |||||||||
| Senior Associate Vice President | 0 | 0 | $39,601 | $0 | $0 | Yes (X) | |||
| Bruce Amundson | |||||||||
| Board Director & Secretary | 0.32 | 0 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| K Duane Brelsford | |||||||||
| Board Director | 0.32 | 0 | $0 | $0 | $0 | Yes (X) | |||
| Scott Carson | |||||||||
| Board Director | 0.32 | 0 | $0 | $0 | $0 | Yes (X) | |||
| Sue Christianson | |||||||||
| Board Director | 0.32 | 0 | $0 | $0 | $0 | Yes (X) | |||
| Jim Coughlin | |||||||||
| Board Director | 0.32 | 0 | $0 | $0 | $0 | Yes (X) | |||
| Elizabeth A Cowles - thru Dec 21 | |||||||||
| Board Director | 0.16 | 0 | $0 | $0 | $0 | Yes (X) | |||
| Bob Crist | |||||||||
| Board Director | 0.32 | 0 | $0 | $0 | $0 | Yes (X) | |||
| Shari L Freidenrich - thru Dec 21 | |||||||||
| Board Director | 0.16 | 0 | $0 | $0 | $0 | Yes (X) | |||
| Vicki Gordon | |||||||||
| Board Director | 0.32 | 0 | $0 | $0 | $0 | Yes (X) | |||
| Michael Hambelton | |||||||||
| Board Director | 0.32 | 0 | $0 | $0 | $0 | Yes (X) | |||
| Lisa King | |||||||||
| Board Director & President | 0.32 | 0 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| Lewis C Lee | |||||||||
| Board Director | 0.32 | 0 | $0 | $0 | $0 | Yes (X) | |||
| David McGoldrick - thru Dec 21 | |||||||||
| Board Director | 0.16 | 0 | $0 | $0 | $0 | Yes (X) | |||
| John C Minge | |||||||||
| Board Director & Vice President | 0.32 | 0 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| Linda J Nihoul | |||||||||
| Board Director | 0.32 | 0 | $0 | $0 | $0 | Yes (X) | |||
| Glenn Osterhout - thru Dec 21 | |||||||||
| Board Director | 0.16 | 0 | $0 | $0 | $0 | Yes (X) | |||
| Sheryl Ossello | |||||||||
| Board Director | 0.32 | 0 | $0 | $0 | $0 | Yes (X) | |||
| Jack Pelo | |||||||||
| Board Director | 0.32 | 0 | $0 | $0 | $0 | Yes (X) | |||
| Molly Philopant | |||||||||
| Board Director & Member-at-large | 0.32 | 0 | $0 | $0 | $0 | Yes (X) | |||
| Liz Pritchard | |||||||||
| Board Director | 0.32 | 0 | $0 | $0 | $0 | Yes (X) | |||
| Gary Schneidmiller | |||||||||
| Board Director | 0.32 | 0 | $0 | $0 | $0 | Yes (X) | |||
| Jack Thompson | |||||||||
| Board Director | 0.32 | 0 | $0 | $0 | $0 | Yes (X) | |||
| Eugene J Voiland | |||||||||
| Board Director | 0.32 | 0 | $0 | $0 | $0 | Yes (X) | |||
| Bill Ward | |||||||||
| Board Director & Treasurer | 0.32 | 0 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| Mike Worthy | |||||||||
| Board Director | 0.32 | 0 | $0 | $0 | $0 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,377,344 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $341,776 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 16 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Ruffalo Noel Levitz | |||||
| 1025 Kirkwood Parkway SW | Cedar Rapids | IA | 52404 | Fundraising | $840,202 |
| Ellucian | |||||
| 2003 Edmund Halley Drive | Reston | VA | 20191 | Consulting | $568,869 |
| Pavilion | |||||
| 701 Market Street Suite 100 | St Louis | MO | 63101 | Investment management | $241,141 |
| Grenzebach Glier & Associates | |||||
| 200 S Michigan Avenue Suite 2100 | Chicago | IL | 60604 | Consulting | $235,305 |
| State Street | |||||
| 801 Pennsylvania Ave | Kansas City | MO | 64105 | Custodian fees | $159,905 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 6 | CntrctRcvdGreaterThan100KCnt |
| Federated Campaigns | $0 | FederatedCampaignsAmt |
| Membership Dues | $0 | MembershipDuesAmt |
| Fundraising | $0 | FundraisingAmt |
| Related Organizations | $0 | RelatedOrganizationsAmt |
| Government Grants | $0 | GovernmentGrantsAmt |
| All Other Contributions | $102,514,867 | AllOtherContributionsAmt |
| Noncash Contributions | $12,553,992 | NoncashContributionsAmt |
| Total Contributions | $102,514,867 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | ExclusionExclusionAmt |
|---|---|---|---|---|---|
| Management and advancement fee | 900099 | $8,545,824 | $8,545,824 | $0 | $0 |
| Program support | 900099 | $4,891,838 | $4,891,838 | $0 | $0 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $13,437,662 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $7,249,246 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | -$364,862 | UnrelatedBusinessRevenueAmt |
| Exclusion | $7,614,108 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $196,178,056 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $161,892,183 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $34,285,873 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $34,285,873 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $34,285,873 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rpt Fundraising Event | $0 | ContriRptFundraisingEventAmt |
| Other Revenue Total | $0 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $157,487,648 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $13,437,662 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | -$364,862 | UnrelatedBusinessRevenueAmt |
| Exclusion | $41,899,981 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $78,015,085 | TotalAmt |
| Program Services | $78,015,085 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,186,201 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $1,317,408 | ManagementAndGeneralAmt |
| Fundraising | $868,793 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,450,373 | TotalAmt |
| Program Services | $168,396 | ProgramServicesAmt |
| Management And General | $2,904,427 | ManagementAndGeneralAmt |
| Fundraising | $2,377,550 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $641,961 | TotalAmt |
| Program Services | $19,834 | ProgramServicesAmt |
| Management And General | $342,092 | ManagementAndGeneralAmt |
| Fundraising | $280,035 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,062,041 | TotalAmt |
| Program Services | $32,813 | ProgramServicesAmt |
| Management And General | $565,947 | ManagementAndGeneralAmt |
| Fundraising | $463,281 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $720,770 | TotalAmt |
| Program Services | $22,269 | ProgramServicesAmt |
| Management And General | $384,088 | ManagementAndGeneralAmt |
| Fundraising | $314,413 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,613,324 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $7,613,324 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $72,245 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $54,277 | ManagementAndGeneralAmt |
| Fundraising | $17,968 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,016 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $33,016 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $102,000 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $102,000 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $427,643 | TotalAmt |
| Fundraising | $427,643 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,269,590 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $1,269,590 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $325,762 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $325,762 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $678,300 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $678,300 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $341,577 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $279,681 | ManagementAndGeneralAmt |
| Fundraising | $61,896 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $804,683 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $789,090 | ManagementAndGeneralAmt |
| Fundraising | $15,593 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $453,906 | TotalAmt |
| Program Services | $10,977 | ProgramServicesAmt |
| Management And General | $248,756 | ManagementAndGeneralAmt |
| Fundraising | $194,173 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $192,215 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $111,181 | ManagementAndGeneralAmt |
| Fundraising | $81,034 | FundraisingAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $771,029 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $251,906 | ManagementAndGeneralAmt |
| Fundraising | $519,123 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,266 | TotalAmt |
| Program Services | $345 | ProgramServicesAmt |
| Management And General | $7,818 | ManagementAndGeneralAmt |
| Fundraising | $6,103 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $74,713 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $74,713 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Other Expenses OtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Miscellaneous | Desc |
| Total | $304,984 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $292,374 | ManagementAndGeneralAmt |
| Fundraising | $12,610 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $101,555,684 | TotalAmt |
| Program Services | $78,269,719 | ProgramServicesAmt |
| Management And General | $16,967,450 | ManagementAndGeneralAmt |
| Fundraising | $6,318,515 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $192,141 | BOYAmt |
| EOY | $54,519 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $37,950,835 | BOYAmt |
| EOY | $58,245,490 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,530 | BOYAmt |
| EOY | $301,162 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $423,685 | BOYAmt |
| EOY | $334,640 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $385,839 | BOYAmt |
| EOY | $451,871 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $2,247,246 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,606,679 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $535,165 | BOYAmt |
| EOY | $640,567 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $588,014,605 | BOYAmt |
| EOY | $561,278,881 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $88,091,878 | BOYAmt |
| EOY | $78,334,326 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $715,596,678 | BOYAmt |
| EOY | $699,641,456 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $973,347 | BOYAmt |
| EOY | $1,943,356 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $356,588 | BOYAmt |
| EOY | $332,198 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,058,533 | BOYAmt |
| EOY | $14,286,212 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,388,468 | BOYAmt |
| EOY | $16,561,766 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,215,057 | BOYAmt |
| EOY | $8,761,639 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $690,993,153 | BOYAmt |
| EOY | $674,318,051 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $699,208,210 | BOYAmt |
| EOY | $683,079,690 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $715,596,678 | BOYAmt |
| EOY | $699,641,456 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $55,931,964 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$69,563,117 | NetUnrlzdGainsLossesInvstAmt |
| Donated Services And Use Fclts | $0 | DonatedServicesAndUseFcltsAmt |
| Investment Expense | $0 | InvestmentExpenseAmt |
| Prior Period Adjustments | $0 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | -$2,497,367 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| College Organization | Yes (X) | CollegeOrganizationInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $65,873,280 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $63,314,752 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $64,571,549 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $75,153,014 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $102,514,867 | CurrentTaxYearAmt |
| Total | $371,427,462 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $65,873,280 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $63,314,752 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $64,571,549 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $75,153,014 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $102,514,867 | CurrentTaxYearAmt |
| Total | $371,427,462 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $6,298,757 | SubstantialContributorsTotAmt |
| Public Support Total170 | $365,128,705 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,951,116 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $5,204,551 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,168,221 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,350,924 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,214,003 | CurrentTaxYearAmt |
| Total | $23,888,815 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $480,770 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $577,706 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $1,058,476 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,695,255 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,835,751 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,842,842 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,947,904 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,891,838 | CurrentTaxYearAmt |
| Total | $24,213,590 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $420,588,343 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $37,762,831 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.86814 | PublicSupportCY170Pct |
| Public Support PY170 | 0.80143 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests PY170 | Yes (X) | ThirtyThrPctSuprtTestsPY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule A, Part I, Line 12c | The WSU Foundation is a Washington Nonprofit Corporation and tax-exempt organization under IRC Section 501(C)(3), which exist for the sole and exclusive benefit of Washington State University, a public institution of higher education and an agency of the state of Washington. The WSU Foundation qualifies as a public charity under both IRC Sections 509(A)(1), as described in IRC Section 170(B)(1)(A)(IV), and 509(A)(3), as a type III functionally integrated supporting organization. The WSU Foundation is: (A) operated in connection with Washington State University per its articles of incorporation; (B) responsive to Washington State University through appointment of the University president and a board of regents (I.E., governing board of the University) representative serving on the WSU Foundation's governing board per its bylaws; (C) engaged in fundraising of private support and investment management of endowed funds in support of the mission and initiatives of Washington State University, and that, but for the involvement of the WSU Foundation, these functions would otherwise performed by Washington State University; and (D) supportive of a governmental entity in Washington State University. Consequently, the WSU Foundation qualifies as a "Qualified Organization" for purposes of exemption from debt-financed income under IRC Section 514(C)(9). |
| Schedule A, Part II, Line 10 | Other income as a percentage of revenue: Support from Washington State University at 3.1%. |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | Yes (1) | VolunteersInd |
| Paid Staff Or Management | 0 | PaidStaffOrManagementInd |
| Media Advertisements | 0 | MediaAdvertisementsInd |
| Mailings Members | 0 | MailingsMembersInd |
| Publications Or Broadcast | Yes (1) | PublicationsOrBroadcastInd |
| Publications Or Broadcast | $102,000 | PublicationsOrBroadcastAmt |
| Grants Other Organizations | 0 | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | 0 | DirectContactLegislatorsInd |
| Rallies Demonstrations | 0 | RalliesDemonstrationsInd |
| Other Activities | 0 | OtherActivitiesInd |
| Total Lobbying Expenditures | $102,000 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | 0 | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule C, Part II-B, Line 1 | FormAndLineReferenceDesc |
| Explanation | WSU Impact is a volunteer-run program associated with WSU Foundation. The purpose of the program is to prepare educational materials for the public. | ExplanationTxt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | Yes (1) | AgentTrusteeEtcInd |
| Beginning Balance | $0 | BeginningBalanceAmt |
| Additions During Year | $1,620,167 | AdditionsDuringYearAmt |
| Distributions During Year | $1,620,167 | DistributionsDuringYearAmt |
| Ending Balance | $0 | EndingBalanceAmt |
| Incl Escrow Custodial Acct Liab | 0 | InclEscrowCustodialAcctLiabInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $588,014,605 | BeginningYearBalanceAmt |
| Contributions | $22,975,220 | ContributionsAmt |
| Investment Earnings Or Losses | -$21,380,855 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $0 | GrantsOrScholarshipsAmt |
| Other Expenditures | $28,330,089 | OtherExpendituresAmt |
| Administrative Expenses | $0 | AdministrativeExpensesAmt |
| End Year Balance | $561,278,881 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $443,705,386 | BeginningYearBalanceAmt |
| Contributions | $25,405,488 | ContributionsAmt |
| Investment Earnings Or Losses | $144,641,975 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $0 | GrantsOrScholarshipsAmt |
| Other Expenditures | $25,738,244 | OtherExpendituresAmt |
| Administrative Expenses | $0 | AdministrativeExpensesAmt |
| End Year Balance | $588,014,605 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $453,053,627 | BeginningYearBalanceAmt |
| Contributions | $23,418,777 | ContributionsAmt |
| Investment Earnings Or Losses | -$8,282,750 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $0 | GrantsOrScholarshipsAmt |
| Other Expenditures | $24,484,268 | OtherExpendituresAmt |
| Administrative Expenses | $0 | AdministrativeExpensesAmt |
| End Year Balance | $443,705,386 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $439,594,009 | BeginningYearBalanceAmt |
| Contributions | $21,314,705 | ContributionsAmt |
| Investment Earnings Or Losses | $15,298,623 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $0 | GrantsOrScholarshipsAmt |
| Other Expenditures | $23,153,709 | OtherExpendituresAmt |
| Administrative Expenses | $0 | AdministrativeExpensesAmt |
| End Year Balance | $453,053,628 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $407,062,978 | BeginningYearBalanceAmt |
| Contributions | $22,895,196 | ContributionsAmt |
| Investment Earnings Or Losses | $31,335,523 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $0 | GrantsOrScholarshipsAmt |
| Other Expenditures | $21,699,688 | OtherExpendituresAmt |
| Administrative Expenses | $0 | AdministrativeExpensesAmt |
| End Year Balance | $439,594,009 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 1 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (1) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $530,000 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $0 | OtherCostOrOtherBasisAmt |
| Book Value | $530,000 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $0 | OtherCostOrOtherBasisAmt |
| Depreciation | $0 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $34,868 | OtherCostOrOtherBasisAmt |
| Depreciation | $34,635 | DepreciationAmt |
| Book Value | $233 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $510,792 | OtherCostOrOtherBasisAmt |
| Depreciation | $400,458 | DepreciationAmt |
| Book Value | $110,334 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $1,171,586 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,171,586 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $640,567 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (7 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| Assets held in charitable trusts | $23,895,763 |
| Beneficial interest in perpetual trusts | $36,918,664 |
| Bequest receivable | $533,265 |
| Contribution receivable from charitable trusts | $4,941,205 |
| Due from WSU | $9,734,540 |
| Other receivable | $33,450 |
| Right of use - lease | $2,277,439 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $78,334,326 | TotalBookValueOtherAssetsAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| Annuities payable | $11,877,245 |
| Lease liabilities | $2,277,439 |
| Remainder interest payable | $131,528 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $14,286,212 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $83,507,277 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$69,563,117 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $0 | DonatedServicesAndUseFcltsAmt |
| Recoveries Prior Year Grants | $0 | RecoveriesPriorYearGrantsAmt |
| Other Revenue | -$4,417,254 | OtherRevenueAmt |
| Revenue Not Reported | -$73,980,371 | RevenueNotReportedAmt |
| Revenue Subtotal | $157,487,648 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $0 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $0 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $157,487,648 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $99,635,797 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $0 | DonatedServicesUseFcltsAmt |
| Prior Year Adjustments | $0 | PriorYearAdjustmentsAmt |
| Losses Reported | $0 | LossesReportedAmt |
| Other Expenses Included | $0 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $99,635,797 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $1,287,093 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $632,794 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $1,919,887 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $101,555,684 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule D, Part IV, Line 1b | Donations received on behalf of Ruckelshaus Center Foundation and WSU's Endowment established prior to the formation of the Foundation - These are not recognized on the face of the Foundation's financial statements. |
| Schedule D, Part V, Line 4 | Endowment Funds are used by Washington State University in accordance with donor agreements for programs and initiatives such as, funding for purpose of scholarships, graduate fellowships, department chairs, distinguished professorships, research, instruction, libraries, operational support, and facilities. |
| Schedule D, Part X, Line 2 | The Foundation and its wholly owned subsidiaries have been recognized by the Internal Revenue Service as exempt from federal income taxes under section 501(a) of the Internal Revenue Code as organizations described in section 501(c)3 of the Internal Revenue Code. Unrelated business income is considered taxable income. Donations to the Foundation are generally tax deductible. Neither the Foundation nor its subsidiaries have unrecognized tax benefits that would have required an adjustment to net assets, nor unrecognized tax benefits at June 30, 2022 and 2021. |
| Schedule D, Part XI, Line 2d | Investment manager expense - $1,287,093. Change in the split-interest agreement - $3,130,161. |
| Schedule D, Part XII, Line 4b | Recoveries of uncollectible accounts- $632,794. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | Europe (including Iceland and Greenland) | RegionTxt |
| Offices | 0 | OfficesCnt |
| Employee | 0 | EmployeeCnt |
| Type Of Activities Conducted | Investments | TypeOfActivitiesConductedTxt |
| Specific Services Provided | Investment at book value | SpecificServicesProvidedTxt |
| Region Total Expenditures | $13,380,581 | RegionTotalExpendituresAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Spent | $13,380,581 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (1) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (1) | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule F, Part I, Line 3 | FormAndLineReferenceDesc |
| Explanation | The diversified endowment portfolio includes investments with a company legally domiciled in the United Kingdom. The investments are recorded at book value - $13,380,581. | ExplanationTxt |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| Phone Solicitations | Yes (X) | PhoneSolicitationsInd |
| In Person Solicitations | Yes (X) | InPersonSolicitationsInd |
| Solicitation Of Non Govt Grants | Yes (X) | SolicitationOfNonGovtGrantsInd |
| Agrmt Prof Fundraising Acty | Yes (1) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Ruffalo Noel Levitz | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1025 Kirkwood Parkway SW | AddressLine1Txt |
| City | Cedar Rapids | CityNm |
| State Abbreviation | IA | StateAbbreviationCd |
| ZIP | 52404 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | Solicitation and consultation | ActivityTxt |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFundsInd |
| Gross Receipts | $313,495 | GrossReceiptsAmt |
| Retained By Contractor | $504,857 | RetainedByContractorAmt |
| Net To Organization | -$191,362 | NetToOrganizationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | $313,495 | TotalGrossReceiptsAmt |
| Total Retained By Contractors | $504,857 | TotalRetainedByContractorsAmt |
| Total Net To Organization | -$191,362 | TotalNetToOrganizationAmt |
| All States | All States | AllStatesCd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule G, Part I, Line 2b | FormAndLineReferenceDesc |
| Explanation | Per the agreements with the fundraisers noted below, the Foundation paid both fees for services and expenses. The payments were made after the fundraisers submitted itemized invoices. The total payment made to Ruffalo Noel Levitz included services and expenses for the fiscal year was $504,856. Of this total, $427,643 was paid for services, and $77,213 was for miscellaneous expenses. Gross receipts was reported less than the amount paid to the service provided. Only $313,495 was able to be traced directly to this activity. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Washington State University | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | NE Wilson Road | AddressLine1Txt |
| City | Pullman | CityNm |
| State Abbreviation | WA | StateAbbreviationCd |
| ZIP | 99164 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 919001108 | RecipientEIN |
| IRC Section | WA STATE | IRCSectionDesc |
| Cash Grant | $66,523,940 | CashGrantAmt |
| Non Cash Assistance | $11,491,145 | NonCashAssistanceAmt |
| Valuation Method Used | Cost, FMV and appraisals | ValuationMethodUsedDesc |
| Non Cash Assistance | Animal feed, animals, publications, vehicles, drugs & medical supplies, equipment, food, real estate | NonCashAssistanceDesc |
| Purpose Of Grant | Support university activities. | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule I, Part I, Line 2 | Washington State University Foundation's principal mission is to fundraise for Washington State University and its regional campuses. It also manages and invests the endowed gifts. All non-endowed donations and quarterly distributions from the endowment pool are deposited directly into the University's account. The funds are expended in accordance with the donor agreements provided to the University by the Foundation. |
| Schedule I, Part II, Line 1 | Column (g) Non-cash assistance include animal feed, animals, publications, vehicles, drugs & medical supplies, equipment, food, real estate, scientific specimens, works of arts and miscellaneous items. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (10 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Michael C Connell | ||||||||||||||
| Vice President, Chief Executive Officer | $296,415 | $0 | $0 | $0 | $0 | $0 | $39,003 | $0 | $11,329 | $0 | $346,747 | $0 | $0 | $0 |
| Jon Derek Croteau | ||||||||||||||
| Senior Associate Vice President | $300,000 | $0 | $0 | $0 | $0 | $0 | $21,750 | $0 | $11,329 | $0 | $333,079 | $0 | $0 | $0 |
| Harold Don Shearer | ||||||||||||||
| Senior Associate Vice President | $240,641 | $0 | $0 | $0 | $0 | $0 | $27,563 | $0 | $11,329 | $0 | $279,533 | $0 | $0 | $0 |
| Dawn M Barnard | ||||||||||||||
| Chief Financial Officer | $193,162 | $0 | $0 | $0 | $0 | $0 | $22,381 | $0 | $11,329 | $0 | $226,872 | $0 | $0 | $0 |
| Juan Zavala | ||||||||||||||
| Associate Vice President | $163,844 | $0 | $0 | $0 | $0 | $0 | $12,750 | $0 | $11,329 | $0 | $187,923 | $0 | $0 | $0 |
| Karen Rasch | ||||||||||||||
| Director | $156,388 | $0 | $0 | $0 | $0 | $0 | $15,885 | $0 | $11,329 | $0 | $183,602 | $0 | $0 | $0 |
| Victoria Miles | ||||||||||||||
| Director | $153,322 | $0 | $0 | $0 | $0 | $0 | $13,400 | $0 | $11,329 | $0 | $178,051 | $0 | $0 | $0 |
| Trevor Durham | ||||||||||||||
| Associate Vice President | $150,616 | $0 | $0 | $0 | $0 | $0 | $11,604 | $0 | $11,329 | $0 | $173,549 | $0 | $0 | $0 |
| Theresa Boyer | ||||||||||||||
| Director | $146,306 | $0 | $0 | $0 | $0 | $0 | $12,375 | $0 | $11,329 | $0 | $170,010 | $0 | $0 | $0 |
| Amanto Marcotulli | ||||||||||||||
| Director | $137,871 | $0 | $0 | $0 | $0 | $0 | $13,978 | $0 | $11,329 | $0 | $163,178 | $0 | $0 | $0 |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | K Duane Brelsford | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | Board of Director | RelationshipDescriptionTxt |
| Transaction | $377,815 | TransactionAmt |
| Transaction | Lease - Office space | TransactionDesc |
| Sharing Of Revenues | 0 | SharingOfRevenuesInd |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 19 | ContributionCnt |
| Noncash Contributions Rpt F990 | $66,877 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Expert opinion | MethodOfDeterminingRevenuesTxt |
Books And Publications BooksAndPublicationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $5,878 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Similar sales | MethodOfDeterminingRevenuesTxt |
Clothing And Household Goods ClothingAndHouseholdGoodsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $1,185 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Similar sales | MethodOfDeterminingRevenuesTxt |
Cars And Other Vehicles CarsAndOtherVehiclesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 285 | ContributionCnt |
| Noncash Contributions Rpt F990 | $177,584 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Similar sales | MethodOfDeterminingRevenuesTxt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 117 | ContributionCnt |
| Noncash Contributions Rpt F990 | $11,192,270 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Similar sales | MethodOfDeterminingRevenuesTxt |
Real Estate Other RealEstateOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 2 | ContributionCnt |
| Noncash Contributions Rpt F990 | $570,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Appraisal | MethodOfDeterminingRevenuesTxt |
Collectibles CollectiblesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 2 | ContributionCnt |
| Noncash Contributions Rpt F990 | $500 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Similar sales | MethodOfDeterminingRevenuesTxt |
Food Inventory FoodInventoryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 4 | ContributionCnt |
| Noncash Contributions Rpt F990 | $3,632 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Cost | MethodOfDeterminingRevenuesTxt |
Drugs And Medical Supplies DrugsAndMedicalSuppliesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 4 | ContributionCnt |
| Noncash Contributions Rpt F990 | $117,320 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Similar sales | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (3 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | Animal feed | 16 | $34,899 | Similar sales |
| Yes (X) | Equipment | 17 | $149,306 | Similar sales |
| Yes (X) | Miscellaneous | 281 | $234,541 | Similar sales |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 2 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule M, Part I | The Foundation reports a combination of both number of contributions and number of items received in this column. |
| Schedule M, Part I, Lines 25-28 | A minimal value of $1.00 is assigned to animals which failed/did not have a medical exam and those of advanced age. Similar sales are used for all other animals. The related feed is valued at cost. |
| Schedule M, Part I, Line 32b | The Foundation has contracted with Charitable Auto Resources, Inc (CARS) to administer and operate the Foundation's vehicle donation program. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part I, Line 6 | Part-time volunteer services are largely provided by the Board of Directors and Advocates and Advocates Emeriti. Board members serve on the following committees: Executive, Governance, Audit, Finance, and Investment. |
| Form 990, Part III, Line 1 | The mission of the Foundation is to promote, accept, and maximize private support for programs, initiatives, and properties of Washington State University and its regional campuses. The Foundation also prudently manages, invests, and stewards assets entrusted to it. |
| Form 990, Part V, Line 2b | Washington State University processes payroll and files all payroll-related returns for the Foundation. |
| Form 990, Part VI, Section B, Line 11b | Review of the Form 990 prior to submission to the IRS -The Form 990, with all required schedules, is reviewed by the Foundation's independent Audit Committee. A complete copy of Form 990 is shared with each member of the Foundation's Board of Directors for their review and comment, prior to filing with the IRS. |
| Form 990, Part VI, Section B, Line 12c | Annually after the Fall meeting of the Foundation, the Board of Directors, all officers, and all other Members of the Foundation's standing committees are provided a copy of the WSU Foundation Conflicts of Interest Policy along with a questionnaire and certification statement. The policy is designed to help fiduciaries of the Foundation identify situations that present potential conflicts of interest and to emphasize the importance of adhering to high standards of responsibility, accountability, and public scrutiny. It describes what a conflict of interest is and the process necessary if one is identified. Under the policy, each Board of Director, officer, and standing committee member must file the annual certification statement, at or immediately following the annual meeting of the Foundation. This statement must set forth any conflicts of interest that might be expected to occur within the coming year. The statement shall disclose as fully as possible the nature of the potential conflicts and the nature of the individuals' (or their family members') interest in the potential transactions. All statements that anticipate conflicts of interest are then circulated to the full Board. In the interim, if any Board of Director or committee member or member of his/her family has or is about to assume an interest or other relationship which might result in a conflict of interest, it is the Board of Director's or committee member's responsibility to immediately disclose all material facts to the chair of the Board of Directors or the Chair of the Audit Committee. This conflict of interest process is managed by the internal Foundation Board Relations team which tracks and monitors submission of the annual certification statements and processes instances where a conflict is identified. If a Responsible Person is aware that the WSU Foundation is about to enter into any transaction or make any decision involving a conflict of interest (a "Conflicting Interest Transaction") such person shall: (i) immediately inform those charged with approving the Conflicting Interest Transaction on behalf of the WSU Foundation of the interest or position of such person or any party related to such person; (ii) aid the persons charged with making the decision by disclosing any material facts within the Responsible Person's knowledge that bear on the advisability of the WSU Foundation entering into the Conflicting Interest Transaction; and (iii) not be entitled to vote on the decision to enter into such transaction. |
| Form 990, Part VI, Section B, Line 15 | Line 15a, Compensation Review and Approval process - CEO & Top Management: The Foundation utilizes a search committee to evaluate qualified candidates for skills, experience, fit and conflict of interest. An external compensation specialist provides salary comparisons based on the state of Washington and national data. The documentation regarding deliberations, comparable data and compensation arrangements are maintained as part of the employees' permanent file. This process is followed for all hires within the WSU Foundation. This process is established and was last undertaken in December 2021. Line 15b, Compensation Review and Approval process - Officers & Key Employees: The Foundation utilizes a search committee to evaluate qualified candidates for skills, experience, fit and conflict of interest. An external compensation specialist provides salary comparisons based on the state of Washington and national data. The documentation regarding deliberations, comparable data and compensation arrangements are maintained as part of the employees' permanent file. This process is followed for all hires within the WSU Foundation. This process is established and was last undertaken in February 2022. |
| Form 990, Part VI, Section C, Line 19 | The Foundation makes its governing documents, Conflict of Interest Policy, and Financial Statements available to the public through its website - http://wsufoundation.wsu.edu/ and by request. |
| Form 990, Part VII, Section A, Line 1a | Dawn Barnard became the CFO of the foundation effective July 1, 2021. The compensation reported in Part VII is for employment for the period July 1, 2021 through December 31, 2021. |
| Form 990, Part XI, Line 9 | Change in the split interest agreement $-3,130,161. Recoveries of Uncollectible accounts: $632,794. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WSUF Properties LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 255 E Main Street Suite 201 | AddressLine1Txt |
| City | Pullman | CityNm |
| State Abbreviation | WA | StateAbbreviationCd |
| ZIP | 99163 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 832089247 | EIN |
| Primary Activities | Assets held for WSU Foundation | PrimaryActivitiesTxt |
| Legal Domicile State | WA | LegalDomicileStateCd |
| Total Income | $6,960 | TotalIncomeAmt |
| End Of Year Assets | $88,410 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WSU Foundation | BusinessNameLine1Txt |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Direct Controlling NADirectControllingNACd | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| Cougar Property Holdings | ||||||||||
| PO Box 641927 | Pullman | WA | 991631927 | 912031421 | Assets held for WSU Foundation | WA | 501 (c)(3) | 12 (a) | N/A | 0 |
| Ruckelshaus Center | ||||||||||
| 215 Hulbert Hall | Pullman | WA | 99163 | 204490085 | Collaborative problem solving | WA | 501 (c)(3) | 7 | N/A | 0 |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Direct Controlling NADirectControllingNACd | Entity TypeEntityTypeTxt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|
| Charitable Remainder UT (41) | ||||||||
| PO Box 641927 | Pullman | WA | 991631927 | Charitable trusts | WA | N/A | T | 0 |
| Charitable Remainder AT (3) | ||||||||
| PO Box 641927 | Pullman | WA | 991641927 | Charitable trusts | WA | N/A | T | 0 |
| Charitable Lead Trust (1) | ||||||||
| PO Box 641927 | Pullman | WA | 991641927 | Charitable trusts | WA | N/A | T | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (1) | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (1) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (2 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| Ruckelshaus Center | ||
| r | $522,575 | Cash |
| Charitable Remainder UT (41) | ||
| s | $3,248,431 | Cash |