2015-11-13T14:44:06-06:00 2015-06-30 910189318 MOSS ADAMS LLP 601 W RIVERSIDE AVE SUITE 1800 SPOKANE WA 992010629 990 2014-07-01 820337334 NORTH IDAHO COLLEGE FOUNDATION INC NORT 2087695978 1000 W GARDEN AVENUE COEUR DALENE ID 83814 RAYELLE ANDERSON EXECUTIVE DIRECTOR 2087695978 2015-11-13 1 EMINA O CRESSWELL CPA P01217304 5097472600 2014 2016-04-25 22:37:26Z RAYELLE ANDERSON 1000 W GARDEN AVENUE COEUR DALENE ID 83814 2782031 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. 26 26 0 140 0 0 921614 730465 0 0 400798 419000 202307 221528 1524719 1370993 1108678 1026011 0 0 142066 138690 0 0 126174 150954 169047 1401698 1333748 123021 37245 22411022 22730983 540395 547245 21870627 22183738 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 1026011 1026011 NORTH IDAHO COLLEGE FOUNDATION, INC. STRATEGICALLY PROVIDES AN EXTRA MARGIN OF FUNDING TO NORTH IDAHO COLLEGE THROUGH STUDENTS, SCHOLARSHIPS, PROGRAM AND SPECIAL PROJECT SUPPORT. 1026011 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 15 6 1 0 0 0 0 0 0 1 1 0 0 0 0 X 26 26 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 JOE ABATE DIRECTOR 1.00 X 0 0 0 JODY AZEVEDO DIRECTOR 1.00 X 0 0 0 BARNEY BALLARD 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 ANNE HAGMAN DIRECTOR 1.00 X 0 0 0 TIM KOMBEREC DIRECTOR 1.00 X 0 0 0 STEVE MASTERSON DIRECTOR 1.00 X 0 0 0 CHRISTINE MEYER DIRECTOR 1.00 X 0 0 0 CASEY MEZA DIRECTOR 1.00 X 0 0 0 PATTY SHEA 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 BRITT TOWERY 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 DAVID WOLD DIRECTOR 1.00 X 0 0 0 STEVE MEYER PRESIDENT 2.00 X X 0 0 0 MARK FISHER VICE PRESIDENT/PRESIDENT ELECT 2.00 X X 0 0 0 MICHELLE SCHINI HANELINE TREASURER 2.00 X X 0 0 0 K JOHN YOUNG IMMEDIATE PAST PRESIDENT 2.00 X X 0 0 0 JOSEPH DUNLAP SECRETARY 2.00 X 0 0 0 RAYELLE ANDERSON EXECUTIVE DIRECTOR 45.00 X 52702 0 9186 52702 0 9186 0 0 0 0 0 16779 30975 682711 136664 730465 381141 381141 1131382 1093523 37859 37859 37859 35301 16779 14511 20790 20790 500000 303004 196996 196996 OTHER INCOME 999999 3742 3742 3742 1370993 0 0 640528 1026011 1026011 64190 32095 32095 65597 26773 38824 8903 3551 5352 20000 20000 83759 83759 32432 2907 29525 11057 1324 9733 32 32 6943 4807 2136 6315 6315 PLANNED GIVING CULTIVAT 6709 6709 PRESIDENT'S DEVELOPMENT 1800 1800 1333748 1026011 181563 126174 5456 2896 2365049 2035930 966 0 8727 0 167413 9913 130000 157500 4528811 4499537 14903147 15538533 468866 496587 22411022 22730983 40395 43245 500000 504000 540395 547245 X 3933849 4140356 7021256 6865550 10915522 11177832 21870627 22183738 22411022 22730983 37245 275866 0 X 0 1 X 1 0 X 1376968 907106 815412 921614 730465 4751565 1376968 907106 815412 921614 730465 4751565 1083658 3667907 418624 400677 421806 400798 381141 2023046 6774611 2721251 0.54140 0.47400 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 18932803 195284 558658 485359 19201386 16222837 456724 2743541 490299 18932803 14239785 283659 2063804 364411 16222837 14042207 403043 79999 285464 14239785 11133082 1023014 2103282 217171 14042207 0.14000 0.58000 0.28000 0 0 27500 130000 157500 4819 4819 0 5094 5094 0 157500 COMMON FUND SECURITIES 15538533 F 15538533 X 1880615 275866 317515 593381 1287234 83759 83759 1370993 1567504 317515 317515 1249989 83759 83759 1333748 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 STUDENTS, SCHOLARSHIPS, AND PROGRAM 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, 2015 OR 2014. NO INTEREST AND PENALTIES WERE ACCRUED FOR THE YEARS ENDED JUNE 30, 2015 OR 2014. THE FOUNDATION FILES AN EXEMPT ORGANIZATION RETURN IN THE U.S. FEDERAL JURISDICTION. THE FOUNDATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY TAXING AUTHORITIES FOR YEARS BEFORE 2011 FOR ITS FEDERAL FILINGS AND BEFORE 2010 FOR ITS STATE FILINGS. PART XI, LINE 2D - OTHER ADJUSTMENTS: GAMING DIRECT EXPENSES 303,004. FUNDRAISING DIRECT EXPENSES 14,511. PART XII, LINE 2D - OTHER ADJUSTMENTS: GAMING DIRECT EXPENSES 303,004. FUNDRAISING DIRECT EXPENSES 14,511. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 31618 EAST ASIA AND THE PACIFIC 0 0 INVESTMENTS 143771 EUROPE (INCLUDING ICELAND AND GREENLAND) 0 0 INVESTMENTS 220055 MIDDLE EAST AND NORTH AFRICA 0 0 INVESTMENTS 33611 NORTH AMERICA (CANADA AND MEXICO) 0 0 INVESTMENTS 33858 RUSSIA AND NEIGHBORING STATES 0 0 INVESTMENTS 515 SOUTH AMERICA 0 0 INVESTMENTS 77845 SOUTH ASIA 0 0 INVESTMENTS 33542 SUB-SAHARAN AFRICA 0 0 INVESTMENTS 1921 0 0 0 0 0 0 574815 1921 576736 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 52080 16779 35301 8019 6492 52080 16779 35301 8019 6492 14511 20790 500000 277143 25861 1 0.90000 500000 277143 25861 303004 196996 ID 1 0 1 0 0.00000 1.00000 KRISTEN MCFADDEN 1000 W GARDEN AVE COEUR DALENE ID 83814 0 KRISTEN MCFADDEN OLIVE ALLISON 0 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 196996 1 NORTH IDAHO COLLEGE 1000 W GARDEN AVE COEUR DALENE ID 83814 826000936 GOVERNMENT 1026011 SCHOLARSHIPS & PROGRAM SUPPORT 1 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. X 1 75012 SALES PRICE/FMV X 1 27500 APPRAISAL X BUILDING SUPPLIES 17 17958 COST OF DONATED ITEM X PRIZES & GIFTS 60 15076 COST OF DONATED ITEM X FOOD & DRINKS FOR SPECIAL EVENT 2 1119 SALES PRICE/FMV 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 COPY IS PROVIDED TO 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 MAY OF THE PREVIOUS FISCAL YEAR, AND THE PROCESS IS DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR INSPECTION UPON REQUEST. FORM 1023 WAS FILED BEFORE JULY 15, 1987 AND NO COPY WAS ON FILE ON JULY 15, 1987. THEREFORE, THIS FORM IS NOT REQUIRED TO BE AVAILABLE FOR PUBLIC INSPECTION PER INSTRUCTIONS FOR THIS LINE. 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.