2026-05-15T09:20:19-05:00 2025-06-30 390859910 BAKER TILLY ADVISORY GROUP LP 225 S 6TH ST 2300 MINNEAPOLIS MN 55402 990 2024-07-01 910473310 WHITWORTH UNIVERSITY WHIT 5097773208 300 W HAWTHORNE ROAD SPOKANE WA 99251 KENNETH M BROWN VP AND CHIEF OPERATIONS OFFICER 5097773208 2026-05-13 1 1 KAREN A GRIES P00078514 6128764500 2026-05-12 2024 2025-03-06 01:10:19Z SCOTT MCQUILKIN 300 W HAWTHORNE ROAD SPOKANE WA 99251 340336586 0 X WWW.WHITWORTH.EDU X 1890 WA SINCE 1890, WHITWORTH HAS HELD FAST TO ITS FOUNDING MISSION OF PROVIDING "AN EDUCATION OF MIND AND HEART" THROUGH RIGOROUS INTELLECTUAL INQUIRY GUIDED BY DEDICATED CHRISTIAN SCHOLARS. RECOGNIZED AS ONE OF THE TOP REGIONAL COLLEGES AND UNIVERSITIES IN THE WEST, WHITWORTH UNIVERSITY HAS AN ENROLLMENT OF APPROXIMATELY 2,400 STUDENTS AS OF FALL 2025 AND OFFERS MORE THAN 100 UNDERGRADUATE AND GRADUATE DEGREE PROGRAMS. IN RECENT YEARS, WHITWORTH HAS ENJOYED A STRONG FINANCIAL POSITION, INCREASED EXTERNAL VISIBILITY, AND THE ADDITION OF ITS FIRST DOCTORAL PROGRAMS, IN THE HEALTH SCIENCES. 30 28 2053 77 72112 67389 11877205 11506801 121994529 125080521 13048408 28232448 -151258 -586105 146768884 164233665 60199610 63859387 0 0 53972662 52975102 194866 363247 2983659 32998276 33683487 147365414 150881223 -596530 13352442 373916134 381432792 105773999 102581048 268142135 278851744 X SINCE 1890, WHITWORTH HAS HELD FAST TO ITS FOUNDING MISSION OF PROVIDING "AN EDUCATION OF MIND AND HEART" THROUGH RIGOROUS INTELLECTUAL INQUIRY GUIDED BY DEDICATED CHRISTIAN SCHOLARS. 0 0 111381447 60356638 111890002 EDUCATION: WHITWORTH UNIVERSITY'S ENROLLMENT (FALL 2025): UNDERGRADUATE: 2,046 GRADUATE: 373. SIX-YEAR GRADUATION RATE (2024-25): 66.7 PERCENT OF FIRST-TIME, FULL-TIME STUDENTS ENROLLED IN FALL 2019 GRADUATED WITHIN SIX YEARS. FRESHMAN-TO-SOPHOMORE RETENTION RATE (2024-25): 83.6 PERCENT. THE UNIVERSITY UNDERGRADUATE STUDENT BODY HAS A COMPOSITION OF 64%/36% WHITE/NON-WHITE; 56%/44% FEMALE/MALE AND REPRESENTATION OF 37 FOREIGN NATIONS. THE UNIVERSITY OFFERS MORE THAN 100 UNDERGRADUATE, 30 GRADUATE DEGREE PROGRAMS, AND 2 DOCTORATE PROGRAMS; THE MOST PROMINENT UNDERGRADUATE DEGREES ARE BUSINESS/ECONOMICS, HEALTH SCIENCE, EDUCATION, PSYCHOLOGY, BIOLOGY, AND MATH AND COMPUTER SCIENCE. FISCAL YEAR 2024-25 IS ALSO THE 24TH CONSECUTIVE YEAR THAT WHITWORTH UNIVERSITY HAS BEEN IN THE TOP RANKINGS OF U.S. NEWS AND WORLD REPORT. 3722671 0 5989336 AUXILIARY SERVICES: WHITWORTH UNIVERSITY PROVIDES DINING SERVICES TO APPROXIMATELY 1,100 RESIDENT STUDENTS (FALL 2025) AND TO THE MANY OTHER STUDENTS WHO LIVE OFF CAMPUS. IN FISCAL YEAR 2024-25, ROOM AND BOARD SERVICES GENERATED GROSS REVENUES OF OVER $13 MILLION, WHICH HELPED SUPPORT THE ACADEMIC AND STUDENT SERVICES PROVIDED TO THE APPROXIMATELY 2,400 UNDERGRADUATE AND GRADUATE STUDENTS REGISTERED AT THE UNIVERSITY. 2668164 3502749 7201183 STUDENT SERVICES: WHITWORTH'S RESIDENCE HALLS, ON-CAMPUS HOUSES, AND APARTMENTS ACCOMMODATE APPROXIMATELY 1,000 STUDENTS (FALL 2025). WHITWORTH HAS A TWO-YEAR RESIDENCY REQUIREMENT. THE UNIVERSITY OFFERS 8 HALLS AND 26 THEME HOUSES. STUDENT CLUBS AND ORGANIZATIONS: WHITWORTH HAS OVER 40 STUDENT CLUBS, RANGING FROM AMNESTY INTERNATIONAL TO THE HAWAIIAN CLUB. 117772282 1 1 0 1 0 0 0 0 0 1 1 1 0 1 1 1 0 1 1 1 1 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 1 1 1 1 0 1 202 0 1 2053 1 1 1 1 CS CJ EI 0 0 0 1 1 0 0 0 0 0 0 X 30 28 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 AK CA CO MA NH SC WA X X TAYLOR HOFFARD 5097773208 300 W HAWTHORNE ROAD SPOKANE WA 99251 SCOTT MCQUILKIN TRUSTEE & PRESIDENT 40.00 10.00 X X 382624 0 35487 BRIAN KIRKPATRICK TRUSTEE, CHAIR 1.00 0.00 X X 0 0 0 SCOTT CHANDLER TRUSTEE, VICE CHAIR 1.00 0.00 X X 0 0 0 SHELLY O'QUINN TRUSTEE, SECRETARY 1.00 0.00 X X 0 0 0 BARBARA RICHTER TRUSTEE, TREASURER 1.00 0.00 X X 0 0 0 ANDREW ERICKSON TRUSTEE 1.00 0.00 X 0 0 0 ANDREW ROBBLEE TRUSTEE (THROUGH 12/2024) 1.00 0.00 X 0 0 0 DAVID FLESHER TRUSTEE 1.00 0.00 X 0 0 0 DAVID MYERS TRUSTEE 1.00 0.00 X 0 0 0 DAVID NELSON TRUSTEE 1.00 0.00 X 0 0 0 ERIC PETERSON TRUSTEE 1.00 0.00 X 0 0 0 FRED STOCKTON TRUSTEE 1.00 0.00 X 0 0 0 GARY HOPKINS TRUSTEE 1.00 0.00 X 0 0 0 JAMES BENNETT TRUSTEE 1.00 0.00 X 0 0 0 JASON THACKSTON TRUSTEE 1.00 0.00 X 0 0 0 JENNIFER RATCLIFFE TRUSTEE 1.00 0.00 X 0 0 0 JEREMIAH CASE TRUSTEE (THROUGH 12/2024) 1.00 0.00 X 0 0 0 JOSHUA HUG TRUSTEE 1.00 0.00 X 0 0 0 JULIE LEVI TRUSTEE 1.00 0.00 X 0 0 0 KELLY HOSTETLER TRUSTEE (THROUGH 10/2024) 1.00 0.00 X 0 0 0 KENNETH ROBERTS TRUSTEE 1.00 1.00 X 0 0 0 L DENICE RANDLE TRUSTEE 1.00 0.00 X 0 0 0 MARCUS JACKSON TRUSTEE 1.00 0.00 X 0 0 0 MARK BENSON TRUSTEE 1.00 0.00 X 0 0 0 MARK LUPTON TRUSTEE 1.00 1.00 X 0 0 0 NANCY TRUMBLE FOX TRUSTEE (THROUGH 12/2024) 1.00 0.00 X 0 0 0 OCTAVIO MORALES TRUSTEE 1.00 0.00 X 0 0 0 PAUL CUNNINGHAM TRUSTEE 1.00 0.00 X 0 0 0 RENEE WILLIAMS TRUSTEE 1.00 0.00 X 0 0 0 SCOTT DUDLEY TRUSTEE 1.00 0.00 X 0 0 0 SHERYL KINDER-PYLE TRUSTEE 1.00 0.00 X 0 0 0 STEVE RUETSCHLE TRUSTEE 1.00 0.00 X 0 0 0 SUE DIAMOND TRUSTEE (THROUGH 09/2024) 1.00 0.00 X 0 0 0 TIM MITROVICH TRUSTEE 1.00 0.00 X 0 0 0 WALTER OLIVER TRUSTEE 1.00 0.00 X 0 0 0 KENNETH BROWN VP AND CHIEF OPERATIONS OFFICER 40.00 0.00 X 191292 0 23485 GREGOR THUSWALDNER PROFESSOR OF MODERN LANGUAGES 40.00 0.00 X 213660 0 25134 STACEY SMITH VP INSTITUTIONAL ADVANCEMENT 40.00 0.00 X 189075 0 21304 RHOSETTA RHODES VP STUDENT LIFE & DEAN OF STUDENTS 40.00 0.00 X 180405 0 9274 JOSHUA HIBBARD VP ENROLLMENT MANAGEMENT 40.00 0.00 X 175300 0 23977 JOHN PELL PROVOST & EXECUTIVE VP 40.00 0.00 X 175279 0 24202 TIMOTHY WILKINSON DEAN, SCHOOL OF BUSINESS 40.00 0.00 X 193502 0 23554 MIKE EDIGER DEAN, SCHOOL OF HEALTH SCIENCES 40.00 0.00 X 172531 0 13387 DONNA MANN ASSOCIATE PROFESSOR, OCCUPATIONAL THERAPY 40.00 0.00 X 157675 0 8338 KEVIN HELGESON PROFESSOR OF PHYSICAL THERAPY 40.00 0.00 X 151042 0 18940 CANDICE CORREIA PROFESSOR OF ECONOMICS AND BUSINESS 40.00 0.00 X 141987 0 17971 2324372 0 245053 68 0 1 0 BOUTEN CONSTRUCTION COMPANY PO BOX 3507 SPOKANE WA 99220 CONSTRUCTION/LANDSCAPE 11586091 SODEXO CAMPUS SERVICES 9801 WASHINGTONIAN BLVD MS 31 GAITHERSBURG MD 20878 FOOD SERVICES 3988344 BAKER CONSTRUCTION 2711 E SPRAGUE AVE SPOKANE WA 99202 CONSTRUCTION/LANDSCAPE 572152 ELLUCIAN COMPANY LP 4 COUNTRY VIEW RD MALVERN PA 19355 SOFTWARE PROVIDER 503140 INTEGRUS ARCHITECTURE PS PO BOX 1482 SPOKANE WA 99210 CONSTRUCTION/LANDSCAPE 475963 28 1750339 46158 1055079 8655225 3127645 11506801 TUITION AND FEES 611710 111890002 111890002 AUXILIARY ENTERPRISES 611710 13190519 13190519 125080521 15384641 72112 15312529 72740 50088 22652 22652 22652 188167830 175320023 12847807 12847807 12847807 124053 1750339 732810 -608757 -608757 164233665 125080521 72112 27574231 63859387 63859387 1868366 539484 962585 366297 38330213 26267784 11170350 892079 1216518 906431 284497 25590 8836188 6044157 2628611 163420 2723817 1824957 817145 81715 109926 76948 21985 10993 202911 202911 11446 11446 363247 363247 898348 898348 1289959 1135967 153992 1266802 899429 354705 12668 2032871 914792 1016435 101644 3218030 2156080 965409 96541 7551 7551 3757000 3118310 601120 37570 2190545 1752436 438109 2059772 1544829 473748 41195 3868745 1547498 2050435 270812 5676807 -168918 5902031 -56306 347316 191024 138926 17366 FOOD SERVICE EXPENSE 3872207 3097765 425943 348499 NON CAPITALIZED EQUIPME 1202585 1202585 MEMBERSHIP, PUBLICATION 990754 445839 495377 49538 GOVERNMENT PROGRAMS 679912 407947 265166 6799 150881223 117772282 30125282 2983659 13519928 15321830 6153968 4660829 2851865 3202449 1012878 1320408 107753 121150 1968011 1420218 267788537 128914634 129919643 138873903 73537236 92910562 108373081 90071353 36471771 33530090 373916134 381432792 7685186 8159811 206078 2150161 1617387 89074799 88109575 1600000 5057775 4694275 105773999 102581048 X 77040565 74892321 191101570 203959423 268142135 278851744 373916134 381432792 X 13352442 -4163976 1521143 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 1 11446 1 0 0 11446 0 PART II-B, LINE 1: THE UNIVERSITY BELONGS TO THE INDEPENDENT COLLEGES AND UNIVERSITIES OF WASHINGTON, THE NATIONAL ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES, AND THE COUNCIL FOR CHRISTIAN COLLEGES AND UNIVERSITIES, AND AS SUCH PARTICIPATES IN THE LOBBYING ACTIVITIES OF SUCH ORGANIZATIONS. THE VARIOUS ORGANIZATIONS INDICATED A TOTAL OF $11,446 OF MEMBER DUES WAS SPENT ON LOBBYING ACTIVITIES. 202119120 3891919 21331041 7300618 4790500 215250962 189357345 4198550 17226027 7912802 750000 202119120 183144050 1554192 14332575 8218217 1455255 189357345 203207179 1751791 -21814920 183144050 165245719 3685641 39013233 4737414 203207179 0.11497 0.53274 0.35230 1 0 6089313 6089313 192360478 89344948 103015530 32895637 20689068 12206569 20263976 17670409 2593567 16179133 1210209 14968924 138873903 FUNDS OF FUNDS-REAL ESTATE 9490507 F NOTES REC. COLL/REAL ESTATE 23000 F SINGLE PREMIUM LIFE INS. POLICY 178855 F LIMITED PARTNERSHIPS 9465275 F PRIVATE EQUITY FUNDS 11690191 F HEDGE FUNDS 5310931 F DOMESTIC CORPORATE FUNDS 4479547 F GLOBAL EQUITY INDEX 49433047 F 90071353 BENEFICIAL INTEREST IN ASSETS HELD BY OTHERS 32530073 DEPOSITS HELD BY TRUSTEE 17 OTHER ASSETS - COSTA RICA LAND 1000000 33530090 SERVICE CONCESSION ARRANGEMENT OBLIGATIONS 2462000 ASSET RETIREMENT OBLIGATION 1262275 ACCRUED INTEREST PAYABLE 970000 4694275 X PART V, LINE 4: THE ENDOWMENT FUNDS ARE MAINLY USED TO PROVIDE SCHOLARSHIP SUPPORT TO STUDENTS SO THAT THEY CAN ATTEND THE UNIVERSITY. SOME OF THE FUNDS ARE ALSO USED TO PROVIDE FUNDING SUPPORT FOR RESEARCH AND DEPARTMENTAL ACTIVITIES. PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE UNIVERSITY IS EXEMPT FROM FEDERAL AND STATE INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, THE UNIVERSITY IS NOT SUBJECT TO FEDERAL INCOME TAXES EXCEPT TO THE EXTENT THEY GENERATE INCOME FROM CERTAIN ACTIVITIES NOT SUBSTANTIALLY RELATED TO THEIR TAX-EXEMPT PURPOSE (UNRELATED TRADE OR BUSINESS ACTIVITIES). DONATIONS TO THE UNIVERSITY ARE TAX DEDUCTIBLE. THE UNIVERSITY FOLLOWS THE ACCOUNTING STANDARDS FOR CONTINGENCIES IN EVALUATING UNCERTAIN TAX POSITIONS. THIS GUIDANCE PRESCRIBES RECOGNITION THRESHOLD PRINCIPLES FOR THE FINANCIAL STATEMENT RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. NO LIABILITY HAS BEEN RECOGNIZED BY THE UNIVERSITY FOR UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2025 AND 2024. THE UNIVERSITY'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AUTHORITIES. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE NON-DISCRIMINATION POLICY IS PUBLISHED IN ALL STUDENT BROCHURES AND WEBSITES. THE POLICY IS ALSO PUBLISHED IN THE LOCAL NEWSPAPER AT LEAST ONCE DURING THE FISCAL YEAR. SCHEDULE E, PART I, LINE 6 WHITWORTH UNIVERSITY PARTICIPATES IN THE FEDERAL FINANCIAL AID PROGRAM AND AS SUCH, MANAGES FEDERAL AND STATE AID THAT IS ALLOCATED TO THE STUDENTS. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENT 673178 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES TRAVEL ABROAD PROGRAM 29754 EUROPE 0 0 PROGRAM SERVICES TRAVEL ABROAD PROGRAM 519687 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES TRAVEL ABROAD PROGRAM 35373 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES TRAVEL ABROAD PROGRAM 79513 0 0 0 0 0 0 1337505 0 1337505 1 0 1 1 1 0 SCHEDULE F, PART IV: WHITWORTH UNIVERSITY INVESTS IN DOMESTIC AND FOREIGN LIMITED PARTNERSHIPS THAT MAY OWN AN INTEREST IN A FOREIGN CORPORATION, PASSIVE FOREIGN INVESTMENT COMPANY, OR FOREIGN PARTNERSHIP. NEVERTHELESS, WHITWORTH UNIVERSITY'S INVESTMENT ACTIVITIES MAY NOT REACH THE THRESHOLDS REQUIRED FOR FILING THE FORMS 926, 5471, 8621, 8865. TO THE EXTENT THAT WHITWORTH UNIVERSITY IS REQUIRED TO COMPLETE ONE OF THESE FOREIGN FORMS, IT HAS BEEN FILED WITH THE ANNUAL FORM 990-T. X X X X X X X 1 WESTFALL GROUP INC 75 14TH SAT NE STE 3050 ATLANTA GA 30309 FUNDRAISING ADVISING 0 946795 290812 655983 WESTFALL SPEAKERS LLC 400 MAIN ST STE 210 FRANKLIN TN 37064 FUNDRAISING ADVISING 0 946795 72435 874360 1893590 363247 1530343 AK CA CO MA NH SC WA PRESIDENT'S GATHERING 1577992 1577992 245408 1149 392679 34079 PIRATE NIGHT (ATHLETICS) 250005 164347 85658 5970 3080 3159 16114 1047 1 46395 8000 38395 29517 608 1874392 1750339 124053 5970 3080 278084 17871 392679 35126 732810 -608757 SCHEDULE G, PART I, LINE 2B, COLUMN (V) WESTFALL HAS BEEN CONTRACTED FOR FUNDRAISING ADVISING AND DOES NOT DIRECTLY PARTICIPATE IN ANY FUNDRAISING. 1 FINANCIAL AID FOR TUITION, ROOM AND BOARD EXPENSES 2459 63859387 PART I, LINE 2: STUDENTS MUST SUBMIT THEIR FAFSA FEDERAL FORM TO DOCUMENT THEIR NEED FOR FEDERAL FINANCIAL AID. ONCE THE FINANCIAL AID IS AWARDED, THE GRANTS ARE TRANSMITTED TO THE STUDENTS' INSTITUTIONAL ACCOUNTS TO PAY FOR TUITION CHARGES, THERE IS ALSO A FOLLOW UP PROCESS DURING THE SEMESTER AND SCHOOL YEAR TO ENSURE ACADEMIC CREDITS COMPLETION AND SATISFACTORY ACADEMIC PROGRESS BEFORE ADDITIONAL FINANCIAL AID IS AWARDED. X 1 1 X X X X X 0 1 0 0 0 0 0 0 0 SCOTT MCQUILKIN TRUSTEE & PRESIDENT 379406 0 0 0 3218 0 25000 0 10487 0 418111 0 0 0 GREGOR THUSWALDNER PROFESSOR OF MODERN LANGUAGES 213660 0 0 0 0 0 14172 0 10962 0 238794 0 0 0 TIMOTHY WILKINSON DEAN, SCHOOL OF BUSINESS 193502 0 0 0 0 0 13067 0 10487 0 217056 0 0 0 KENNETH BROWN VP AND CHIEF OPERATIONS OFFICER 191292 0 0 0 0 0 12999 0 10486 0 214777 0 0 0 STACEY SMITH VP INSTITUTIONAL ADVANCEMENT 189075 0 0 0 0 0 12541 0 8763 0 210379 0 0 0 JOHN PELL PROVOST & EXECUTIVE VP 175279 0 0 0 0 0 12213 0 11989 0 199481 0 0 0 JOSHUA HIBBARD VP ENROLLMENT MANAGEMENT 175300 0 0 0 0 0 12506 0 11471 0 199277 0 0 0 RHOSETTA RHODES VP STUDENT LIFE & DEAN OF STUDENTS 180405 0 0 0 0 0 7999 0 1275 0 189679 0 0 0 MIKE EDIGER DEAN, SCHOOL OF HEALTH SCIENCES 172531 0 0 0 0 0 4624 0 8763 0 185918 0 0 0 KEVIN HELGESON PROFESSOR OF PHYSICAL THERAPY 151042 0 0 0 0 0 10172 0 8768 0 169982 0 0 0 DONNA MANN ASSOCIATE PROFESSOR, OCCUPATIONAL THERAPY 157675 0 0 0 0 0 7057 0 1281 0 166013 0 0 0 CANDICE CORREIA PROFESSOR OF ECONOMICS AND BUSINESS 141987 0 0 0 0 0 9259 0 8712 0 159958 0 0 0 PART I, LINE 1A THE COMPENSATION AND BENEFITS OF THE ORGANIZATION'S PRESIDENT ARE ADOPTED AND APPROVED BY AN EXECUTIVE COMPENSATION COMMITTEE WHICH IS A SUB-COMMITTEE OF THE BOARD OF TRUSTEES. PART I, LINE 4B SCOTT MCQUILKIN PARTICIPATES IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN UNDER SECTION 457(F). A $2,000 NON-VESTED CONTRIBUTION WAS MADE DURING FY2025, WHICH IS A PART OF COLUMN C IN PART II. A WASHINGTON HIGHER EDUCATION FACILITIES AUTHORITY 911306482 9397814T4 2022-01-04 21473311 SEE PART VI 0 0 0 B WASHINGTON HIGHER EDUCATION FACILITIES AUTHORITY 911306482 9397812G4 2019-12-20 20549660 SEE PART VI 0 0 0 C WASHINGTON HIGHER EDUCATION FACILITIES AUTHORITY 911306482 939781V31 2016-12-22 50409479 SEE PART VI 0 0 0 A 1300000 21895241 347026 5430183 16118032 4049588 2025 1 0 1 1 B 20850677 219394 328744 20302538 7250790 2022 0 0 1 1 C 290000 52041213 532079 4042074 47467060 2020 0 1 1 1 A 0 1 1 1 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 C 0 1 1 1 1 1 0.00000 0.00000 0.00000 0 0 1 A 0 1 1 0 0 0 0 0 1 B 0 0 0 1 0 0 0 0 1 C 0 0 0 1 0 0 0 0 1 A 1 B 1 C 1 SCHEDULE K, COLUMN A: PART I (F): THE BONDS WERE ISSUED TO FINANCE THE CONSTRUCTION OF AND IMPROVEMENTS TO FACILITIES LOCATED ON THE BORROWER'S CAMPUS AND TO CURRENTLY REFUND THE AUTHORITY'S SERIES 2012 BONDS ORIGINALLY ISSUED ON MARCH 1, 2012. PART II, LINE 3: THE TOTAL PROCEEDS SHOWN IN PART II, LINE 3 DIFFERS FROM THE ISSUE PRICE SHOWN IN PART I, (E) DUE TO INTEREST EARNINGS ON INVESTED PROCEEDS. PART III, LINE 7: AS PROVIDED IN TREASURY REGULATION SECTION 1.141-4(C)(2)(I)(B), THE AMOUNT OF PRIVATE PAYMENTS TAKEN INTO ACCOUNT UNDER THE PRIVATE SECURITY OR PAYMENT TEST MAY NOT EXCEED THE AMOUNT OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE. ACCORDINGLY, THE AMOUNT OF PRIVATE PAYMENTS FOR THE REPORTING PERIOD DOES NOT EXCEED THE AMOUNT STATED IN PART III, LINE 6. THE ORGANIZATION HAS NOT UNDERTAKEN AN ANALYSIS OF THE PRIVATE SECURITY OR PAYMENT TEST WITH RESPECT TO THE BONDS, AS THE LEVEL OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE REPORTED IN PART III, LINE 6 IS NOT IN EXCESS OF AMOUNTS PERMITTED UNDER SECTION 145 OF THE CODE. PART IV, 2(B): THE CURRENT REFUNDING PORTION MET THE 6-MONTH EXCEPTION. SCHEDULE K, COLUMN B: PART I (F) - THE BONDS WERE ISSUED TO PROVIDE FUNDS FOR THE FINANCING OF CERTAIN CAPITAL FACILITIES INCLUDING THE HEALTH SCIENCE BUILDING, THE NEW TRADES/FACILITY SERVICES BUILDING, COWLES AUDITORIUM AND THE ATHLETIC LEADERSHIP CENTER. PART II, LINE 3: THE TOTAL PROCEEDS SHOWN IN PART II, LINE 3 DIFFERS FROM THE ISSUE PRICE SHOWN IN PART I, (E) DUE TO INTEREST EARNINGS ON INVESTED PROCEEDS. PART III, LINE 7: AS PROVIDED IN TREASURY REGULATION SECTION 1.141-4(C)(2)(I)(B), THE AMOUNT OF PRIVATE PAYMENTS TAKEN INTO ACCOUNT UNDER THE PRIVATE SECURITY OR PAYMENT TEST MAY NOT EXCEED THE AMOUNT OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE. ACCORDINGLY, THE AMOUNT OF PRIVATE PAYMENTS FOR THE REPORTING PERIOD DOES NOT EXCEED THE AMOUNT STATED IN PART III, LINE 6. THE ORGANIZATION HAS NOT UNDERTAKEN AN ANALYSIS OF THE PRIVATE SECURITY OR PAYMENT TEST WITH RESPECT TO THE BONDS, AS THE LEVEL OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE REPORTED IN PART III, LINE 6 IS NOT IN EXCESS OF AMOUNTS PERMITTED UNDER SECTION 145 OF THE CODE. PART IV, LINE 2C: THE REBATE COMPUTATION FOR SERIES 2019 WAS COMPLETED ON JANUARY 24, 2025 AND NO REBATE PAYMENT WAS DUE. SCHEDULE K, COLUMN C: PART I (F): THE BONDS WERE ISSUED FOR THE CONSTRUCTION OF AN ATHLETIC BUILDING AND TO REFUND THE SERIES 2009 BONDS ORIGINALLY ISSUED ON NOVEMBER 4, 2009. PART III, LINE 7: AS PROVIDED IN TREASURY REGULATION SECTION 1.141-4(C)(2)(I)(B), THE AMOUNT OF PRIVATE PAYMENTS TAKEN INTO ACCOUNT UNDER THE PRIVATE SECURITY OR PAYMENT TEST MAY NOT EXCEED THE AMOUNT OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE. ACCORDINGLY, THE AMOUNT OF PRIVATE PAYMENTS FOR THE REPORTING PERIOD DOES NOT EXCEED THE AMOUNT STATED IN PART III, LINE 6. THE ORGANIZATION HAS NOT UNDERTAKEN AN ANALYSIS OF THE PRIVATE SECURITY OR PAYMENT TEST WITH RESPECT TO THE BONDS, AS THE LEVEL OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE REPORTED IN PART III, LINE 6 IS NOT IN EXCESS OF AMOUNTS PERMITTED UNDER SECTION 145 OF THE CODE. PART IV, 2(C): THE REBATE COMPUTATION FOR SERIES 2016A WAS COMPLETED ON JANUARY 25, 2021 AND NO ARBITRAGE REBATE WAS DUE. JASON THACKSTON JASON THACKSTON (TRUSTEE) IS AN EXECUTIVE OF AVISTA UTILITIES. 1792077 UTILITY EXPENSE 0 JANICE MCQUILKIN SPOUSE OF PRESIDENT MCQUILKIN 18000 WAGES FOR SERVICES 0 KEN BROWN SON OF COO BROWN 42178 WAGES FOR SERVICES 0 X 12 3117454 FAIR MARKET VALUE X GALA AUCTION 4 10191 FAIR MARKET VALUE 0 0 1 0 PART I, COLUMN (B): THE NUMBER ON COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTORS. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES CONSISTS OF THE PRESIDENT, BOARD CHAIR, BOARD VICE CHAIR, SECRETARY, TREASURER, THE CHAIR AND VICE CHAIR OF EACH STANDING COMMITTEE AND TWO MEMBERS AT LARGE DESIGNATED BY THE BOARD OF TRUSTEES. THE EXECUTIVE COMMITTEE ACTS ONLY DURING INTERVALS BETWEEN MEETINGS OF THE BOARD OF TRUSTEES AND IS SUBJECT AT ALL TIMES TO THE CONTROL AND DIRECTION OF THE BOARD OF TRUSTEES. DURING SUCH INTERVALS, AND SUBJECT TO SUCH CONTROL AND DIRECTION, THE EXECUTIVE COMMITTEE IS AUTHORIZED TO EXERCISE ALL OF THE AUTHORITY AND POWERS OF THE BOARD OF TRUSTEES IN THE MANAGEMENT AND AFFAIRS OF THE UNIVERSITY. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY AN INDEPENDENT CPA FIRM, THEN REVIEWED BY SENIOR MANAGEMENT AND THE AUDIT COMMITTEE OF THE BOARD. THE PUBLIC VERSION OF FORM 990 IS THEN PLACED IN A SECURE WEBSITE FOR INSPECTION AND REVIEW BY THE FULL BOARD OF TRUSTEES BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C STAFF AND FACULTY: AT THE BEGINNING OF THE YEAR, THE COMPLETION OF THE CONFLICT OF INTEREST DISCLOSURE FORM IS REQUIRED IN ORDER TO AUTHORIZE OR REQUEST ANY PAYMENT FROM THE UNIVERSITY. THIS IS TRACKED IN A DATABASE. TRUSTEES: THE SECRETARY OF THE BOARD ENSURES THAT EVERY TRUSTEE COMPLETES THE DISCLOSURE FORM BEFORE EVERY FALL MEETING. FOLLOW UP IS PERFORMED UNTIL ALL FORMS ARE COMPLETED. ALL DISCLOSED CONFLICTS ARE REVIEWED BY THE AUDIT COMMITTEE. STAFF AND FACULTY CONFLICTS ARE REVIEWED DURING THE FALL MEETING, AND TRUSTEE CONFLICTS ARE REVIEWED DURING THE SPRING MEETING. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE PRESIDENT WAS REVIEWED BY THE EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES IN JANUARY 2022, DURING DR. MCQUILKIN'S APPOINTMENT PROCESS. THE PROCESS INVOLVED AN INDEPENDENT ANALYSIS BY AN OUTSIDE CONSULTANT WHO COMPARED COMPENSATION FOR THIS INDIVIDUAL AGAINST PEER INSTITUTIONS. COMPENSATION FOR OFFICERS AND KEY EMPLOYEES IS REVIEWED BY HUMAN RESOURCES USING INDEPENDENT ANALYSIS BY AN OUTSIDE CONSULTANT WHO COMPARED COMPENSATION FOR THESE INDIVIDUALS AGAINST PEER INSTITUTIONS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND CONFLICT OF INTEREST STATEMENTS ARE AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS ARE AVAILABLE ON THE UNIVERSITY'S WEBSITE. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF ACTUARIAL LIABILITY 228,209. CHANGE IN VALUE OF OUTSIDE TRUSTS 1,312,431. FUND 50 DEPRECIATION -19,497. FORM 990, PART XII, LINE 2C: NEITHER THE OVERSIGHT PROCESS OF THE AUDIT OR THE SELECTION PROCESS OF THE INDEPENDENT ACCOUNTANT CHANGED DURING THE CURRENT YEAR. WHITWORTH FOUNDATION 300 W HAWTHORNE RD SPOKANE WA 99251 237232067 FUNDRAISING SUPPORT FOR WHITWORTH UNIVERSITY WA 501(C)(3) LINE 12B, II WHITWORTH UNIVERSITY 1 EMPLOYER CONTRIBUTION VEBA TRUST WHITWORTH UNIVERSITY 300 W HAWTHORNE RD SPOKANE WA 99251 454667885 RETIREE MEDICAL BENEFITS WA 501(C)(9) N/A 0 EMPLOYEE CONTRIBUTION VEBA TRUST WHITWORTH UNIVERSITY 300 W HAWTHORNE RD SPOKANE WA 99251 454667994 RETIREE MEDICAL BENEFITS WA 501(C)(9) N/A 0 WHITWORTH COSTA RICA LIMITADA CALLE 7 AVENIDAS 7 Y 9 EDIFICIO SAN JOSE CS EDUCATIONAL INSTITUTION CS WHITWORTH UNIVERSITY C 1.00000 1 CHARITY REMAINDER UNITRUSTS (20) CHARITABLE TRUST WA N/A T 0 CHARITY REMAINDER ANNUITY TRUSTS (1) CHARITABLE TRUST WA N/A T 0 LIFE ANNUITY TRUSTS (65) CHARITABLE TRUST WA N/A T 0 0 0 1 0 0 0 0 0 1 0 0 1 1 1 1 0 0 1 1 WHITWORTH FOUNDATION C 46158 CASH CONTRIBUTION EMPLOYER CONTRIBUTION VEBA TRUST R 153789 CASH