2016-05-13T15:29:41-05:00 2015-06-30 911056739 VINE DAHLEN PLLC 3500 188TH STREET SW STE 322 LYNNWOOD WA 98037 990 2014-07-01 911186554 EDMONDS COMMUNITY COLLEGE FOUNDATION EDMO 4256401149 20000 68TH AVENUE WEST LYNNWOOD WA 98036 BRAD THOMAS EXECUTIVE DIRECTOR 4256401149 2016-05-13 1 KIMBERLY D FYFE CPA P01422564 4257716055 2016-05-09 2014 2016-08-17 19:52:53Z BRAD THOMAS 20000 68TH AVENUE WEST LYNNWOOD WA 98036 3828460 0 X WWW.FOUNDATION.EDCC.EDU X 1982 WA TO SUPPORT ACCESS, SUCCESS, AND EXCELLENCE FOR STUDENTS, FACULTY, AND STAFF AT EDMONDS COMMUNITY COLLEGE. 16 16 0 0 0 0 903260 676787 0 0 128977 380093 134 -34 1032371 1056846 310700 510222 0 0 0 0 0 0 136428 284381 341630 595081 851852 437290 204994 7074633 6993323 252562 260755 6822071 6732568 X THE EDMONDS COMMUNITY COLLEGE FOUNDATION WAS ESTABLISHED TO SUPPORT THE GOALS AND ACTIVITIES OF EDMONDS COMMUNITY COLLEGE. THIS IS ACCOMPLISHED 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 341399 SCHOLARSHIPS - SUPPORTED 123 UNDERSERVED AND DESERVING STUDENTS TO ENABLE THEM TO ACHIEVE THEIR EDUCATIONAL GOALS. 256886 510222 COLLEGE PROGRAM SUPPORT - SUPPORT OF VARIOUS INSTRUCTIONAL PROGRAMS AT EDMONDS COMMUNITY COLLEGE FOR INSTRUCTION, SCHOLARSHIPS AND ACTIVITIES. 598285 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 2 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X THE ORGANIZATION 4256401149 20000 68TH AVENUE WEST LYNNWOOD WA 98036 KEN CHANDLER MEMBER 2.00 X 0 0 0 DOUG FAIR CHAIR 2.00 X X 0 0 0 DIANA CLAY TREASURER 2.00 X X 0 0 0 MARK BAILEY MEMBER 2.00 X 0 0 0 NICK ECHELBARGER VICE CHAIR 1.00 X X 0 0 0 LIBBY LEWIS MEMBER 2.00 X 0 0 0 RICK BJARNSON MEMBER 1.00 X 0 0 0 DEAN NICHOLS MEMBER 2.00 X 0 0 0 STEVE PENNINGTON MEMBER 2.00 X 0 0 0 WENDY POPKE MEMBER 1.00 X 0 0 0 MEG RANKIN SECRETARY 1.00 X X 0 0 0 KEN REID MEMBER 1.00 X 0 0 0 ADAM CORNELL MEMBER 1.00 X 0 0 0 BILL KEPPLER MEMBER 1.00 X 0 0 0 NICKI ELSBERRY MEMBER 1.00 X 0 0 0 MARIA MONTALVO MEMBER 1.00 X 0 0 0 JANETTE TURNER MEMBER 1.00 X 0 0 0 APRIL HOGAN MEMBER 1.00 X 0 0 0 DAVID JAFFE MEMBER 1.00 X 0 0 0 BOB TERWILLIGER MEMBER 1.00 X 0 0 0 CAROL SUMMERS VP FOR COLLEGE RELATIONS A 24.00 X 0 105941 18464 LINDA KROUSE FINANCE AND PROGRAM MANAGE 40.00 X 0 40046 7696 MARCIA BENNISON FINANCE AND ADMINISTRATION MANAGER 40.00 X 0 26938 6139 0 172925 32299 0 0 0 0 0 2410 146019 528358 51267 676787 245585 245585 2773461 2638953 134508 134508 134508 132627 146019 132661 -34 -34 1056846 0 0 380059 245077 245077 265145 265145 16100 16100 938 938 35551 35551 5750 5750 18632 264 3650 14718 11611 198 3596 7817 6656 6486 170 4554 3932 622 4527 4527 3365 3365 3932 3931 1 COLLEGE REIMBURSMENT 150835 61499 25416 63920 HOSPITALITY/CATERING 31464 18618 6648 6198 MISCELLANEOUS 20066 940 1794 17332 INDEPENDENT CONTRACTORS 18926 5533 13393 8723 58 2158 6507 851852 598285 117139 136428 434947 23112 139311 139801 71735 241180 9032 53536 18567 13986 7946 4581 5661371 5795477 750291 735636 7074633 6993323 252562 260755 252562 260755 X 1304980 1148168 1804209 1886173 3712882 3698227 6822071 6732568 7074633 6993323 X 204994 -279842 -14655 X 0 1 X 1 0 X 664654 261479 407936 903260 676787 2914116 266828 278977 229491 195143 178877 1149316 931482 540456 637427 1098403 855664 4063432 107858 3955574 178037 149077 192657 194726 245585 960082 216 216 5023730 680446 0.78740 0.78490 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4661333 1538 34542 127416 4569997 3926257 232854 595327 93105 4661333 3891681 20255 389424 68576 3926257 4089085 8193 -113058 92539 3891681 3149332 367466 642517 70230 4089085 0.13000 0.65000 0.22000 0 0 9747 7785 1962 8820 6201 2619 4581 SPLIT INTEREST AGREEMENTS 729820 CASH VALUE OF LIFE INSURANCE POLICY 5816 735636 X 1038336 -279842 178877 -50206 -151171 1189507 -132661 -132661 1056846 1127839 178877 132661 311538 816301 35551 35551 851852 PART V, LINE 4: PROVIDE SCHOLARSHIPS AND PROGRAM SUPPORT AT EDMONDS COMMUNITY COLLEGE. PART X, LINE 2: THE FOUNDATION'S TAX FILINGS ARE SUBJECT TO AUDIT BY VARIOUS TAXING AUTHORITIES. THE FOUNDATION'S OPEN AUDIT PERIODS ARE 2011 FORWARD. IN EVALUATING THE FOUNDATION'S TAX PROVISIONS AND ACCRUALS, FUTURE TAXABLE INCOME, AND THE REVERSAL OF TEMPORARY DIFFERENCES, INTERPRETATIONS, AND TAX PLANNING STRATEGIES ARE CONSIDERED. THE FOUNDATION BELIEVES THEIR ESTIMATES ARE APPROPRIATE BASED ON CURRENT FACTS AND CIRCUMSTANCES. THE FOUNDATION WOULD RECOGNIZE ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS, IF ANY, AS PART OF ADMINISTRATION EXPENSES. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT -14,655. INVESTMENT MANAGEMENT FEES -35,551. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES -132,661. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 132,661. AUCTION 240876 114479 126397 6168 19089 101140 GOLF TOURNAMENT 37770 31540 6230 6264 278646 146019 132627 6168 25353 101140 132661 -34 1 EDMONDS COMMUNITY COLLEGE 20000 68TH AVE W LYNNWOOD WA 98036 910825212 245077 SUPPORT FOR COLLEGE FACULTY, STAFF AND PROGRAMS SCHOLARSHIPS FOR STUDENTS ATTENDING EDMONDS COMMUNITY COLLEGE 123 265145 PART I, LINE 2: GRANTS - PROVIDES SUPPORT TO INSTRUCTIONAL AREAS ON CAMPUS AND PROVIDES FINANCIAL SUPPORT TO THE COLLEGE, ITS ANCILLARY PROGRAMS AND PROJECTS ENDORSED BY THE COLLEGE. THESE INCLUDE AWARDS TO OUTSTANDING FACULTY AND STAFF. COLLEGE PROGRAM SUPPORT ALSO INCLUDES GRANTS PROVIDED TO COLLEGE PROGRAMS, INSTRUCTIONAL DEPARTMENTS, AND ACTIVITIES. 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 AUCTION ITEMS 100 51267 COST/SELLING 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 THE FOUNDATION'S AUDIT AND POLICY COMMITTEE REVIEWS AND APPROVES THE FORM 990 PRIOR TO EMAILING IT TO THE BOARD OF DIRECTORS, WHO ARE INFORMED THAT QUESTIONS WILL BE TAKEN AND ANSWERED AT THE NEXT REGULARLY SCHEDULED BOARD MEETING PRIOR TO A REQUEST FOR THE BOARD TO APPROVE THE FORM 990 FOR SUBMISSION. THE BOARD APPROVES THE 990 AT THEIR NEXT SCHEDULED MEETING. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, EDMONDS COMMUNITY COLLEGE 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 B, LINE 15 ALL FOUNDATION STAFF ARE EMPLOYED THROUGH THE RELATED ORGANIZATION, EDMONDS COMMUNITY COLLEGE, WHICH IS AN INSTITUTION OF HIGHER LEARNING IN THE STATE OF WASHINGTON. RULES AND REGULATIONS FOR COMPENSATION OF COLLEGE EMPLOYEES ARE DEPENDENT ON THEIR CLASSIFICATION. THE VP FOR COLLEGE RELATIONS AND ADVANCEMENT IS AN EXEMPT EMPLOYEE. THE COLLEGE IS DIRECTLY RESPONSIBLE FOR ESTABLISHING SALARY SCHEDULES FOR EXEMPT EMPLOYEES. PLACEMENT OF SPECIFIC POSITIONS WITHIN THOSE SCHEDULES IS GOVERNED BY POLICY GUIDELINES ESTABLISHED BY THE BOARD OF TRUSTEES WHICH RELATE TO THE JOB RESPONSIBILITIES, EDUCATION AND REQUIRED EXPERIENCE FOR THE POSITION. THE FOUNDATION'S FINANCE AND PROGRAM MANAGER IS A CLASSIFIED EMPLOYEE. JOB CLASSIFICATIONS AND SALARY RANGE PLACEMENT IS DETERMINED BY THE STATE OF WASHINGTON. THE COLLEGE THEN DETERMINES THE PLACEMENT WITHIN THE RANGE OF THE INDIVIDUAL HIRED FOR THE POSITION BASED UPON EXPERIENCE AND EDUCATION. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND POLICIES ARE MADE AVAILABLE TO THE PUBLIC BY REQUEST ONLY. FINANCIAL STATEMENTS ARE SUMMARIZED AND PROVIDED ON THE FOUNDATION WEBSITE. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT -14,655. EDMONDS COMMUNITY COLLEGE 20000 68TH AVE W LYNNWOOD WA 98036 910825212 COLLEGE WA 501(C)(3) 5 N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 EDMONDS COMMUNITY COLLEGE B 245077 COST EDMONDS COMMUNITY COLLEGE N 35000 COST EDMONDS COMMUNITY COLLEGE O 143877 COST EDMONDS COMMUNITY COLLEGE P 150835 COST