2021-12-17T10:36:37-06:00 2021-06-30 911056739 VINE DAHLEN PLLC 3500 188TH STREET SW STE 322 LYNNWOOD WA 98037 990 2020-07-01 911186554 EDMONDS COLLEGE FOUNDATION EDMO 4256401274 20000 68TH AVE W LYNNWOOD WA 98036 RICHARD HEINE DIRECTOR OF FINANCE 4256401274 2021-12-16 1 RICHARD HEINE 999009999 LORI L SCOTT CPA P01452038 4257716055 2021-12-16 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z X RICHARD HEINE 20000 68TH AVE W LYNNWOOD WA 98036 4377615 0 X WWW.EDMONDS.EDU/FOUNDATION X 1982 WA TO SUPPORT ACCESS, SUCCESS AND EXCELLENCE FOR STUDENTS, FACULTY AND STAFF AT EDMONDS COLLEGE. 23 23 0 81 0 0 3346799 1020171 0 0 253370 605995 -38985 -31102 3561184 1595064 611991 1523708 0 0 0 0 0 0 221657 650188 443690 1262179 1967398 2299005 -372334 9242699 9828987 60345 152506 9182354 9676481 X THE EDMONDS COLLEGE FOUNDATION WAS ESTABLISHED TO SUPPORT THE GOALS AND ACTIVITIES OF EDMONDS COLLEGE BY PROVIDING FINANCIAL SUPPORT TO COLLEGE PROGRAMS, INSTRUCTIONAL DEPARTMENTS AND ACTIVITIES, AS WELL AS PROVIDING FINANCIAL SUPPORT TO UNDER SERVED AND DESERVING STUDENTS TO FURTHER THEIR EDUCATIONAL GOALS. 0 0 330216 330216 SCHOLARSHIPS - SUPPORTED 160 UNDERSERVED AND DESERVING STUDENTS TO ENABLE THEM TO ACHIEVE THEIR EDUCATIONAL GOALS. 1249423 1193492 COLLEGE PROGRAM SUPPORT - SUPPORT OF VARIOUS INSTRUCTIONAL PROGRAMS AT EDMONDS COLLEGE FOR INSTRUCTION, SCHOLARSHIPS AND ACTIVITIES.DURING THE YEAR, THE FOUNDATION ALSO PROVIDED A GRANT OF $1,100,000 TO FUND THE COLLEGE'S NEW STEM BUILDING. 1579639 1 1 0 0 0 0 0 0 0 1 1 0 0 1 0 1 1 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 9 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 23 23 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 WA X THE ORGANIZATION 4256401274 20000 68TH AVE W LYNNWOOD WA 98036 MARIA MONTALVO CHAIR 2.00 X X 0 0 0 BOB TERWILLIGER VICE CHAIR 2.00 X X 0 0 0 DALE TERWEDO TREASURER 2.00 X X 0 0 0 LIBBY LEWIS SECRETARY 2.00 X X 0 0 0 SARA CARTER MEMBER 1.00 X 0 0 0 KEN CHANDLER MEMBER 1.00 X 0 0 0 WHITNEY CORNELL MEMBER 1.00 X 0 0 0 BRIAN DONALDSON MEMBER 1.00 X 0 0 0 NICK ECHELBARGER MEMBER 1.00 X 0 0 0 DOUG FAIR MEMBER 1.00 X 0 0 0 NICOLE GALIPEAU MEMBER 1.00 X 0 0 0 JEFF GOODWIN MEMBER 1.00 X 0 0 0 JEFF KING MEMBER 1.00 X 0 0 0 BRIAN LOCKETT MEMBER 1.00 X 0 0 0 ABRAHAM MATHEW MEMBER 1.00 X 0 0 0 MIKE MCMURRAY MEMBER 1.00 X 0 0 0 MIKE MEEKS MEMBER 1.00 X 0 0 0 GABE NAVAJA MEMBER 1.00 X 0 0 0 KIRSTEN PAUST MEMBER 1.00 X 0 0 0 STEVE PENNINGTON MEMBER 1.00 X 0 0 0 JOHN SANCHEZ MEMBER 1.00 X 0 0 0 SHAYNE STREY MEMBER 1.00 X 0 0 0 JANETTE TURNER MEMBER 1.00 X 0 0 0 MEG RANKIN MEMBER (UNTIL 12/2020) 1.00 X 0 0 0 JACK TAWNEY MEMBER (UNTIL 12/2020) 1.00 X 0 0 0 BRAD THOMAS EXECUTIVE DIRECTOR (UNTIL 1/2021) 19.00 21.00 X 0 107701 22479 DANIELLE CARNES EXECUTIVE DIRECTOR (STARTING 1/2021) 19.00 21.00 X 0 0 0 0 107701 22479 0 0 0 0 0 1855 252379 765937 27398 1020171 163828 163828 3193616 2751449 442167 442167 442167 0 252379 31102 -31102 -31102 1595064 0 0 574893 1193492 1193492 330216 330216 -1000 -1000 20445 20445 62968 62968 35758 30988 4770 8218 900 7318 13698 -240 2051 11887 26994 5492 1447 20055 5656 794 4862 4010 4010 COLLEGE REIMBURSMENT 241389 48044 38636 154709 MISCELLANEOUS 22101 1417 3476 17208 HOSPITALITY/CATERING 3453 2218 387 848 1967398 1579639 166102 221657 1498531 1453633 1452310 824162 34684 1184 25548 17693 18568 18568 0 0 5409136 6480813 822490 1051502 9242699 9828987 60345 152506 60345 152506 X 1179430 1346125 8002924 8330356 9182354 9676481 9242699 9828987 X -372334 637449 229012 X 0 1 X 1 0 X 395981 719988 863879 3346799 1020171 6346818 155439 197420 184095 226497 253378 1016829 551420 917408 1047974 3573296 1273549 7363647 1966638 5397009 126528 130766 173811 154721 163828 749654 145588 145588 77 77 8258966 929575 0.65350 0.60830 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5190153 213487 1056668 126555 6333753 5480761 96686 103543 248525 242312 5190153 5131676 153568 266711 71194 5480761 4862394 206331 302661 239710 5131676 4535099 15960 423394 112059 4862394 0.11500 0.49320 0.39180 0 0 18568 18568 0 0 SPLIT INTEREST AGREEMENTS 1051502 1051502 X 2683037 637449 253378 166044 1056871 1626166 -31102 -31102 1595064 2188910 253378 31102 284480 1904430 62968 62968 1967398 PART V, LINE 4: PROVIDE SCHOLARSHIPS AND PROGRAM SUPPORT AT EDMONDS COLLEGE. PART X, LINE 2: THE FOUNDATION'S TAX FILINGS ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES, GENERALLY FOR THREE YEARS AFTER THE RETURN IS FILED. THE FOUNDATION WOULD RECOGNIZE ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX PROVISIONS, IF ANY, AS PART OF ADMINISTRATION EXPENSES IN THE STATEMENTS OF ACTIVITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: INVESTMENT MANAGEMENT FEES -62,968. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT 229,012. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES -31,102. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 31,102. GALA 252379 252379 31102 252379 252379 31102 31102 -31102 1 EDMONDS COLLEGE 20000 68TH AVE W LYNNWOOD WA 98036 910825212 1193492 SUPPORT FOR COLLEGE FACULTY, STAFF AND PROGRAMS 1 SCHOLARSHIPS 160 330216 PART I, LINE 2: GRANTS - PROVIDES SUPPORT TO INSTRUCTIONAL AREAS ON CAMPUS AND PROVIDES FINANCIAL SUPPORT TO THE COLLEGE, ITS ANCILLARY PROGRAMS, INSTRUCTIONAL DEPARTMENTS, ACTIVITIES AND PROJECTS ENDORSED BY THE COLLEGE. THESE INCLUDE AWARDS TO OUTSTANDING FACULTY AND STAFF. THE FOUNDATION BOARD AND ITS GRANTS COMMITTEE ANNUALLY REVIEW THE APPLICATIONS FOR FUNDING. SCHOLARSHIPS - PROVIDE FINANCIAL SUPPORT TO UNDERSERVED AND DESERVING STUDENTS TO ENABLE THEM TO FURTHER THEIR EDUCATIONAL GOALS. THE FOUNDATION'S COMMITTEE ANNUALLY REVIEWS AND APPROVES THE APPLICATIONS FOR SCHOLARSHIPS. X 3 27398 FMV 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE BOARD PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, THE FOUNDATION PROVIDES THE BOARD OF DIRECTORS AND STAFF WITH A CONFLICT OF INTEREST POLICY AND DISCLOSURE ALONG WITH A LIST OF ALL PERSONS AND ENTITIES WITH WHICH THEY HAVE DONE BUSINESS OVER THE PAST 12 MONTHS. THE BOARD OR STAFF MEMBER IS ASKED TO DISCLOSE IF THEY HAVE A RELATIONSHIP WITH ANY PERSONS OR ENTITIES ON THE LIST THAT MAY BE PERCEIVED AS A CONFLICT OF INTEREST. ONCE ALL THE DISCLOSURES HAVE BEEN RETURNED, THE AUDIT & POLICY COMMITTEE CHAIR REVIEWS THE STATEMENTS, AND IN CONSULTATION WITH THE EXECUTIVE DIRECTOR, DETERMINES IF CONFLICTS EXIST AND HOW THEY WILL BE ADDRESSED. EACH INDIVIDUAL WHO HAS DISCLOSED A PERCEIVED CONFLICT RECEIVES A MEMO TELLING THEM IF THEIR DISCLOSURE IS OR IS NOT A CONFLICT AND HOW THE FOUNDATION WILL ADDRESS IT. 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 UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT 229,012. EDMONDS COLLEGE 20000 68TH AVE W LYNNWOOD WA 98036 910825212 COLLEGE WA N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 EDMONDS COLLEGE B 1193492 CASH PAID EDMONDS COLLEGE N 4937 COST EDMONDS COLLEGE O 248441 COST EDMONDS COLLEGE P 241390 CASH PAID