2018-11-15T14:51:46-06:00 2018-06-30 910189318 MOSS ADAMS LLP 601 W RIVERSIDE AVE SUITE 1800 SPOKANE WA 992010629 990 2017-07-01 820337334 NORTH IDAHO COLLEGE FOUNDATION INC NORT 2087695978 1000 W GARDEN AVENUE COEUR DALENE ID 83814 RAYELLE ANDERSON EXECUTIVE DIRECTOR 2087695978 2018-11-15 1 EMINA O CRESSWELL CPA P01217304 5097472600 2018-11-15 12.129.7.100 2018-11-15 11:45:52 PS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 07D962CAD7C2343BC8DC703B9E740CE903356D52 2017 2018-06-14 16:35:46Z RAYELLE ANDERSON 1000 W GARDEN AVENUE COEUR DALENE ID 83814 4103186 0 X WWW.NIC.EDU/FOUNDATION X 1977 ID NORTH IDAHO COLLEGE FOUNDATION PROVIDES A FOCUSED EFFORT TO ENCOURAGE PRIVATE SUPPORT FOR THE EDUCATIONAL MISSION OF NORTH IDAHO COLLEGE. THE FOUNDATION STRIVES TO ENHANCE AVAILABLE CAPITAL FOR STUDENT SCHOLARSHIPS, EDUCATIONAL FACILITIES, PROGRAMS AND PROJECTS THAT WOULD NOT BE FUNDED THROUGH TRADITIONAL SOURCES OF SUPPORT. 27 27 0 139 0 0 1208094 2873614 0 0 433379 483437 298623 246552 1940096 3603603 983180 1696548 0 0 184748 194210 0 0 128293 171773 227907 1339701 2118665 600395 1484938 27952974 31381626 632378 664620 27320596 30717006 X NORTH IDAHO COLLEGE FOUNDATION PROVIDES A FOCUSED EFFORT TO ENCOURAGE PRIVATE SUPPORT FOR THE EDUCATIONAL MISSION OF NORTH IDAHO COLLEGE. THE FOUNDATION STRIVES TO ENHANCE AVAILABLE CAPITAL FOR STUDENT SCHOLARSHIPS, EDUCATIONAL FACILITIES, PROGRAMS AND PROJECTS THAT WOULD NOT BE FUNDED THROUGH TRADITIONAL SOURCES OF SUPPORT. 0 0 1696548 1696548 NORTH IDAHO COLLEGE FOUNDATION, INC. STRATEGICALLY PROVIDES AN EXTRA MARGIN OF FUNDING TO NORTH IDAHO COLLEGE THROUGH STUDENT SCHOLARSHIPS, PROGRAM AND SPECIAL PROJECT SUPPORT. 1696548 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 17 6 1 0 0 0 0 0 0 1 1 0 0 0 0 X 27 27 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 X OLIVE ALLISON 2087695978 1000 W GARDEN AVE COEUR DALENE ID 83814 JOSEPH ABATE DIRECTOR 1.00 X 0 0 0 BETI BECKER DIRECTOR 1.00 X 0 0 0 PAT CLEVENGER DIRECTOR 1.00 X 0 0 0 JIM COLEMAN DIRECTOR 1.00 X 0 0 0 ROD COLWELL DIRECTOR 1.00 X 0 0 0 BRAD DUGDALE DIRECTOR 1.00 X 0 0 0 JIM EISSES DIRECTOR 1.00 X 0 0 0 JOHN GOEDDE DIRECTOR 1.00 X 0 0 0 ALISON GRANIER DIRECTOR 1.00 X 0 0 0 ANNE HAGMAN DIRECTOR 1.00 X 0 0 0 TIM KOMBEREC DIRECTOR 1.00 X 0 0 0 DENISE LUNDY DIRECTOR 1.00 X 0 0 0 CHRIS MEYER DIRECTOR 1.00 X 0 0 0 CASEY MEZA DIRECTOR 1.00 X 0 0 0 PETER SMITH DIRECTOR 1.00 X 0 0 0 SUE THILO DIRECTOR 1.00 X 0 0 0 TROY TYMESEN DIRECTOR 1.00 X 0 0 0 MARC WALLACE DIRECTOR 1.00 X 0 0 0 KORY WILSON DIRECTOR 1.00 X 0 0 0 DAVID WOLD DIRECTOR 1.00 X 0 0 0 K JOHN YOUNG DIRECTOR 1.00 X 0 0 0 DIANE PARKER DIRECTOR 1.00 X 0 0 0 STEVE MEYER DIRECTOR 1.00 X 0 0 0 MARK FISHER IMMEDIATE PAST PRESIDENT 2.00 X X 0 0 0 STEVE MASTERSON VP/PRESIDENT ELECT 2.00 X X 0 0 0 JODY AZEVEDO PRESIDENT 2.00 X X 0 0 0 MICHELLE HANELINE TREASURER 2.00 X X 0 0 0 RICK MACLENNAN SECRETARY 2.00 X 0 0 0 RAYELLE ANDERSON EXECUTIVE DIRECTOR 45.00 X 57822 0 13616 57822 0 13616 0 0 0 0 0 30815 2842799 642533 2873614 484521 484521 69949 71033 -1084 -1084 -1084 125102 30815 57667 67435 67435 550000 370883 179117 179117 3603603 0 0 729989 1696548 1696548 71526 35763 35763 91017 49371 41646 31667 22881 8786 18970 18970 98195 98195 18289 730 17559 13665 1527 12138 29 29 5381 3622 1759 5514 5514 OTHER EXPENSES 57222 57222 PLANNED GIVING CULTIVAT 8728 8728 PRESIDENT'S DEVELOPMENT 1914 1914 2118665 1696548 293824 128293 200 13971 3834360 2632163 591801 1232387 139913 9913 130000 130000 5259444 6365791 17707640 20613264 429529 394050 27952974 31381626 82378 114620 550000 550000 632378 664620 X 4689395 5151178 10833655 12933399 11797546 12632429 27320596 30717006 27952974 31381626 1484938 1911472 0 X 0 1 X 1 0 X 921614 730465 3159439 1208094 2873614 8893226 921614 730465 3159439 1208094 2873614 8893226 3055000 5838226 400798 381141 477327 433379 484521 2177166 11546 3742 27946 46630 89864 11160256 2829600 0.52310 0.55270 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2013 AMOUNT: $ 11,546. 2014 AMOUNT: $ 3,742. 2015 AMOUNT: $ 27,946. 2016 AMOUNT: $ 46,630. 2017 AMOUNT: $ 0. 21046679 812059 1908535 665163 23102110 18633418 496420 2583142 666301 21046679 19201386 118163 -27248 658883 18633418 18932803 195284 558658 485359 19201386 16222837 456724 2743541 490299 18932803 0.14140 0.54680 0.31180 0 0 130000 130000 4819 4819 0 5094 5094 0 130000 COMMON FUND SECURITIES 20613264 F 20613264 X 5814789 1911472 26581 428550 2366603 3448186 98195 57222 155417 3603603 2418379 26581 428550 455131 1963248 98195 57222 155417 2118665 PART V, LINE 4: THE ENDOWMENT HAS BEEN ESTABLISHED TO SUSTAIN OUR CHARITABLE MISSION AND TO PROVIDE A LONG TERM SOURCE OF INCOME FOR NORTH IDAHO COLLEGE STUDENT SCHOLARSHIPS, PROGRAM AND SPECIAL PROJECT SUPPORT. PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) EXCEPT TO THE EXTENT OF UNRELATED BUSINESS TAXABLE INCOME AS DEFINED UNDER IRC SECTIONS 511 THROUGH 515. THE FOUNDATION RECOGNIZES THE TAX BENEFIT FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THE TAX POSITIONS WILL BE SUSTAINED ON EXAMINATION BY THE TAX AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFIT IS MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE FOUNDATION RECOGNIZES INTEREST AND PENALTIES RELATED TO INCOME TAX MATTERS, IF ANY, IN OPERATING EXPENSES. THE FOUNDATION HAD NO UNRECOGNIZED TAX BENEFITS AT JUNE 30, 2018 OR 2017. NO INTEREST AND PENALTIES WERE ACCRUED FOR THE YEARS ENDED JUNE 30, 2018 OR 2017. THE FOUNDATION FILES AN EXEMPT ORGANIZATION RETURN IN THE U.S. FEDERAL JURISDICTION. PART XI, LINE 2D - OTHER ADJUSTMENTS: GAMING DIRECT EXPENSES 370,883. FUNDRAISING DIRECT EXPENSES 57,667. PART XI, LINE 4B - OTHER ADJUSTMENTS: OTHER INCOME 57,222. PART XII, LINE 2D - OTHER ADJUSTMENTS: GAMING DIRECT EXPENSES 370,883. FUNDRAISING DIRECT EXPENSES 57,667. PART XII, LINE 4B - OTHER ADJUSTMENTS: OTHER INCOME 57,222. CENTRAL AMERICA AND THE CARIBBEAN INVESTMENTS 23675 EAST ASIA AND THE PACIFIC INVESTMENTS 93279 EUROPE (INCLUDING ICELAND AND GREENLAND) INVESTMENTS 334989 MIDDLE EAST AND NORTH AFRICA INVESTMENTS 36825 NORTH AMERICA (CANADA AND MEXICO) INVESTMENTS 81977 SOUTH AMERICA INVESTMENTS 3850 SOUTH ASIA INVESTMENTS 34825 SUB-SAHARAN AFRICA INVESTMENTS 3724 0 0 0 0 0 0 613144 0 613144 0 0 0 0 0 0 PART I, LINE 2: INVESTMENTS ARE ACCOUNTED FOR IN THE ORGANIZATION'S FINANCIAL STATEMENTS USING THE FAIR MARKET VALUE OF EACH FUND. THE AMOUNT IN COLUMN (F) IS THE COST BASIS PER THE INVESTMENT STATEMENT. BON APPETIT 2017 66282 6502 59780 7589 11488 ANTHONY'S 24762 13095 11667 14800 1 64873 11218 53655 8193 15597 155917 30815 125102 15782 41885 57667 67435 550000 330964 39919 1 0.88000 550000 330964 39919 370883 179117 ID 1 0 1 0 0.00000 1.00000 KRISTEN MCFADDEN 1000 W GARDEN AVE COEUR DALENE ID 83814 0 KRISTEN MCFADDEN OLIVE ALLISON KRISTEN MCFADDEN, CO-GAMING MANAGER, DUTIES INCLUDE EVENT AND TICKET SALE COORDINATION, PROMOTION, AND VOLUNTEER RECRUITMENT. OLIVE ALLISON, CO-GAMING MANAGER, DUTIES INCLUDE RECORD KEEPING, REPORTING, AND DEPOSITS. COMPENSATION - EACH INDIVIDUAL ABOVE INCORPORATES THEIR ACTIVITIES FOR THE "REALLY BIG RAFFLE" INTO THEIR DUTIES AS BOOKKEEPER (MS. ALLISON) AND DATABASE INFORMATION COORDINATOR (MS. MCFADDEN). AS SUCH, THEIR PAY IS NOT SPECIFICALLY LINKED TO THEIR ACTIVITIES AS "GAMING MANAGER". X 1 179117 1 NORTH IDAHO COLLEGE 1000 W GARDEN AVE COEUR DALENE ID 83814 826000936 GOVERNMENT 1696548 SCHOLARSHIPS & PROGRAM SUPPORT 1 0 PART I, LINE 2: STUDENT SCHOLARSHIP FUNDS ARE AWARDED BY NORTH IDAHO COLLEGE THROUGH AN INDEPENDENT SELECTION PROCESS INVOLVING COMMITTEES BASED ON THE CRITERIA OF EACH SCHOLARSHIP FUND. THE FOUNDATION DOES NOT CHOOSE RECIPIENTS, RATHER, THE FOUNDATION SENDS FUNDS TO THE COLLEGE INDICATING HOW MUCH IS AVAILABLE FOR EACH FUND, ALONG WITH THE CRITERIA FOR EACH FUND. FOUNDATION GRANTS ARE MADE AVAILABLE TO THE COLLEGE'S STAFF, FACULTY, AND STUDENT GROUPS THROUGH A COMPETITIVE PROCESS. GRANTS ARE NOT FOR PERSONAL REWARD BUT MUST BE RELATED TO PROJECTS AND PROGRAMS THAT FURTHER THE MISSION OF THE COLLEGE. AWARDS ARE DISTRIBUTED TO GRANTEES VIA THE COLLEGE DEPARTMENTS AND IN LINE WITH THE COLLEGE'S PURCHASING PROCESS. THE SCHOLARSHIP CRITERIA AND AWARD PROCESS HELP NORTH IDAHO COLLEGE MONITOR THE USE OF GRANT FUNDS WITHIN THE U.S. X 2 601576 SALES PRICE/FMV X PRIZES 68 20271 COST OF DONATED ITEM X FOOD & DRINK 2 11450 SALES PRICE/FMV X BUILDING SUPPLIES 3 9160 COST OF DONATED ITEM X ENVELOPES 1 75 COST OF DONATED ITEM 0 0 1 0 PART I, COLUMN (B): THE NUMBER IS DETERMINED USING THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION B, LINE 11B A COPY IS PROVIDED TO THE ORGANIZATION'S TREASURER, WHO IS CURRENTLY A CPA, AND THE EXECUTIVE DIRECTOR WHO REVIEW AND APPROVE BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S BOARD MEMBERS ARE SUBJECT TO THE CONFLICT OF INTEREST POLICY. THE POLICY IS REVIEWED ANNUALLY WITH BOARD MEMBERS, THEN AGAIN AS NEEDED FOR SPECIFIC ISSUES COMING TO THE BOARD'S ATTENTION. PARTIES WHO HAVE A POTENTIAL CONFLICT ARE TO ABSTAIN FROM VOTING. FORM 990, PART VI, SECTION B, LINE 15A EXECUTIVE DIRECTOR SALARY IS DETERMINED BY NORTH IDAHO COLLEGE. NORTH IDAHO COLLEGE BASES ALL SALARIES ON A MARKET BASED SALARY SURVEY. THE PORTION OF THE SALARY PAID BY NORTH IDAHO COLLEGE FOUNDATION IS APPROVED BY THE BOARD IN ITS APPROVAL OF THE BUDGET FOR THE FOUNDATION, USUALLY IN MARCH OF THE PREVIOUS FISCAL YEAR, AND IS DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC.