2024-03-22T09:26:13-05:00 2023-06-30 850203431 REDW LLC 475 COTTAGE STREET NE SUITE 200 SALEM OR 97301 990 2022-07-01 936033807 WESTERN OREGON UNIVERSITY DEVELOPMENT FOUNDATION WEST 5038388281 345 N MONMOUTH AVE MONMOUTH OR 97361 KATIE WOJKE EXECUTIVE DIRECTOR 5038388148 2024-03-18 1 KATIE WOJKE 999009999 0 RYAN T PASQUARELLA CPA P01304274 5035817788 2024-03-18 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z KATIE WOJKE 345 N MONMOUTH AVE MONMOUTH OR 97361 8488723 0 X WWW.WOU.EDU/FOUNDATION X 1965 OR THE WESTERN OREGON UNIVERSITY FOUNDATION EXISTS TO STRENGTHEN RELATIONSHIPS AND PROVIDE RESOURCES IN ORDER TO SERVE AND SUPPORT THE MISSION AND VISION OF WESTERN OREGON UNIVERSITY 16 16 0 146 0 0 2175309 2287673 107398 175273 1674912 686730 86452 107548 4044071 3257224 1464600 1393890 0 0 0 0 0 0 100000 815681 795458 2280281 2189348 1763790 1067876 24366493 26992668 750476 683571 23616017 26309097 X THE WESTERN OREGON UNIVERSITY FOUNDATION EXISTS TO STRENGTHEN RELATIONSHIPS AND PROVIDE RESOURCES IN ORDER TO SERVE AND SUPPORT THE MISSION AND VISION OF WESTERN OREGON UNIVERSITY. 0 0 1002895 1002895 538 WOU STUDENTS RECEIVED A TOTAL OF $1,002,895 SCHOLARSHIPS, STUDENT AID AND STUDENT LOANS FOR THE CONTINUATION OF THEIR EDUCATION AND ADVANCEMENT TOWARD THE COMPLETION OF THEIR DEGREES. THE WOU FOUNDATION BOARD, ADVANCEMENT AND UNIVERSITY STAFF ACTIVELY ENGAGE IN OUTREACH TO GROW OUR CAPACITY TO AWARDING MORE AND LARGER AMOUNTS OF SCHOLARSHIPS TO WESTERN OREGON UNIVERSITY STUDENTS. IN ADDITION TO THE MANY ON-GOING CURRENT USE AND ENDOWED SCHOLARSHIPS, WE WORK WITH NEW AND EXISTING DONORS TO CREATE NEW NAMED SCHOLARSHIPS, ENDOWMENTS OR TO SUPPORT THE GENERAL SCHOLARSHIP FUND. SCHOLARSHIPS PROVIDE THE OPPORTUNITY FOR STUDENTS TO LIVE MORE FULLY, WHILE FOCUSING ON THEIR EDUCATION BY MAKING COLLEGE MORE AFFORDABLE. 386057 386057 THE FOUNDATION'S MISSION IS TO SERVE, SUPPORT AND STRENGTHEN WESTERN OREGON UNIVERSITY. THE GOALS AND OBJECTIVES OF THE FOUNDATION ARE TO INCREASINGLY RECRUIT AND RETAIN VOLUNTEER AND ALUMNI ENGAGEMENT TO PARTICIPATE IN MENTORING, FUNDRAISING AND OTHER ACTIVITIES THAT ENRICH THE STUDENT EXPERIENCE.AFTER COMPLETING RESEARCH WITH DONORS, VOLUNTEERS, AND ALUMNI, BASED IN APPRECIATIVE INQUIRY, THE FOUNDATION HAS ESTABLISHED A VISION FOR THE FUTURE: TO ENSURE EVERY STUDENT HAS THE OPPORTUNITY TO HAVE ACCESS TO A QUALITY EDUCATIONAL EXPERIENCE THAT INCREASES THEIR ABILITY TO SUCCEED IN OUR EVER-CHANGING GLOBAL ECONOMY AND SOCIETY. TO THIS END, WE ARE FOCUSING ON RAISING FUNDS IN THREE KEY AREAS: SCHOLARSHIPS, WOLVES ATHLETICS AND STUDENT SUCCESS. 501320 4938 175273 THE FOUNDATION SPONSORS UNIVERSITY PROGRAMS AND ACTIVITIES THAT ASSIST STUDENTS IN THE PURSUIT OF CULTURAL, SCIENTIFIC, EDUCATIONAL, AND ATHLETIC PROGRAMS. THROUGHOUT THE YEAR, THE FOUNDATION WORKS WITH DONORS TO SUPPORT A VARIETY OF NEEDS ACROSS THE UNIVERSITY. GIFTS COME FROM INDIVIDUALS, CORPORATIONS, AND FOUNDATIONS. A HIGH PERCENTAGE OF SUPPORT COMES THROUGH EVENTS INCLUDING GIVING DAY, WOLVES ATHLETIC AUCTION, WOLVES ON THE GREEN GOLF TOURNAMENT, AND THE SMITH FINE ARTS SERIES AUCTION. DURING THESE EVENTS ALUMNI, EMPLOYEES, FAMILY, AND COMMUNITY MEMBERS DESIGNATE THEIR AREAS OF SUPPORT WHICH INCLUDE THE FUND FOR WOU, EMERGENCY STUDENT AID, WOU FOOD PANTRY, SCHOLARSHIPS, MODEL UNITED NATIONS, SMITH FINE ARTS SERIES, STONEWALL CENTER, VETERANS RESOURCE CENTER, WOLVES ATHLETICS AND MORE. FUNDS RAISED THROUGHOUT THE YEAR INCREASINGLY SUPPORT THE WOU FOUNDATION'S SMALL COMPETITIVE GRANT PROGRAM THAT HELPS CREATE INNOVATION ACROSS DEPARTMENTS WHILE ENRICHING THE STUDENT EXPERIENCE. 1890272 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 1 0 1 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 1 50 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 0 0 0 OR X X THE ORGANIZATION 5038388281 345 N MONMOUTH AVENUE MONMOUTH OR 97361 CORI FRAUENDIENER PAST CHAIR 1.00 X X 0 0 0 MIKE MORGAN CHAIR 1.00 X X 0 0 0 PAT STINEFF SECRETARY 1.00 X X 0 0 0 KELLY ATKINSON VICE CHAIR 1.00 X X 0 0 0 TONY CRAWFORD TRUSTEE 1.00 X 0 0 0 CHRISTIAN MENDEZ-GARCIA TRUSTEE (THROUGH OCTOBER 2022) 1.00 X 0 0 0 CARLENE NEAL TRUSTEE 1.00 X 0 0 0 DR PATRICIA FLATT TRUSTEE 1.00 X 0 0 0 KEVIN ALEJANDREZ TRUSTEE 1.00 X 0 0 0 CHESTER ANONSON TREASURER 1.00 X X 0 0 0 BETSY MESSER TRUSTEE 1.00 X 0 0 0 SONJA FENTON TRUSTEE 1.00 X 0 0 0 GORDON TAYLOR TRUSTEE 1.00 X 0 0 0 DOUG LADD TRUSTEE 1.00 X 0 0 0 TINA FUCHS TRUSTEE 1.00 X 0 0 0 JESSICA FARRENKOPF TRUSTEE 1.00 X 0 0 0 SABRA JEWELL TRUSTEE 1.00 X 0 0 0 CARA GROSHONG INTERIM DIRECTOR (THROUGH 2/28/23) 16.00 24.00 X 0 109047 57846 KATIE WOJKE EXECUTIVE DIRECTOR (BEGINNING 3/1/23) 16.00 24.00 X 0 0 0 JESSE PETERS PRESIDENT, WOU 1.00 40.00 X 0 205192 711 0 314239 58557 0 0 1 0 0 108591 2179082 173720 2287673 PROGRAMS AND TRIP INCOME 611710 175273 175273 175273 587859 587859 911 911 10000 2153 7847 7847 7847 5256136 5157265 98871 98871 98871 45496 108591 62088 -16592 -16592 16588 3475 13113 13113 108787 6518 102269 102269 3257224 175273 0 794278 390995 390995 1002895 1002895 23300 23300 152449 152449 9228 6658 2570 214140 161740 12927 39473 1690 1690 4515 4515 171886 155990 15896 139070 108897 1025 29148 2842 2842 7103 107 6996 TAXES, FEES AND LICENSE 72510 59597 12913 TRIP REFUNDS -1122 -1122 ALLOCATED TO RENTAL -2153 -2153 2189348 1890272 199076 100000 385240 302706 221145 222255 932286 166905 31292 2352 520560 551645 581337 453534 130645 127803 22071445 25556084 53146 56451 20734 6467 24366493 26992668 116650 31958 633826 651613 750476 683571 X 5053335 4653278 18562682 21655819 23616017 26309097 24366493 26992668 1067876 1625204 0 X 0 1 X 1 0 X 1173119 4560997 1507448 2175309 2176358 11593231 1173119 4560997 1507448 2175309 2176358 11593231 3211744 8381487 529442 452404 469356 622003 598770 2671975 16198 16198 14281404 892016 0.58690 0.57180 X SCHEDULE A, PART VI, LIST OF UNUSUAL GRANTS: DESCRIPTION: BEQUEST DATE: 05/31/23 AMOUNT: 111315. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 17407123 675740 3535580 697096 345473 20575874 19807731 351803 -993658 1422102 336651 17407123 15322459 42354 6208332 1456418 308996 19807731 13471990 1437972 1182680 490408 279775 15322459 12358039 736241 1091591 480369 233512 13471990 0.24940 0.74130 0.00930 1 0 40000 40000 79579 79579 0 72224 18127 80580 9771 105351 48351 57000 17728 248328 245024 21032 127803 ANNUITIES PAYABLE 651613 651613 X 5360356 1625204 582280 74234 2281718 3078638 152449 26137 178586 3257224 2667276 582280 74234 656514 2010762 152449 26137 178586 2189348 PART V, LINE 4: ENDOWMENT FUNDS ARE ESTABLISHED BY DONOR INTENT, BUT MUST BE USED FOR ANY PURPOSE WHICH ADVANCES THE MISSION OF WESTERN OREGON UNIVERSITY. THIS INCLUDES, BUT IS NOT LIMITED TO, PURPOSES SUCH AS SCHOLARSHIPS, PROGRAM SUPPORT, LECTURESHIPS, PROFESSORSHIPS, FELLOWSHIPS, OR GENERAL UNIVERSITY SUPPORT. PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAX IN ACCORDANCE WITH THE PROVISIONS OF INTERNAL REVENUE CODE SECTION 501(C)(3). ANY UNRELATED BUSINESS INCOME TAX IS INSIGNIFICANT, AND NO TAX PROVISION HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. CONTRIBUTIONS TO THE FOUNDATION QUALIFY FOR THE CHARITABLE CONTRIBUTION TAX DEDUCTION UNDER SECTION 170(B)(1)(A)(VI); THE FOUNDATION HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION. THE FOUNDATION RECOGNIZES THE TAX BENEFIT FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT 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 HAS NO UNRECOGNIZED TAX BENEFITS WHICH WOULD REQUIRE AN ADJUSTMENT TO THE JULY 1, 2022 BEGINNING BALANCE OF NET ASSETS AND HAD NO UNRECOGNIZED TAX BENEFITS AT JUNE 30, 2023. THE FOUNDATION FILES AN EXEMPT ORGANIZATION TAX RETURN IN THE U.S. FEDERAL JURISDICTION AND APPLICABLE STATE AGENCIES. GENERALLY, THE FOUNDATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY TAXING AUTHORITIES FOR YEARS BEFORE 2020 FOR ITS FEDERAL AND STATE FILINGS. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 6,518. SPECIAL EVENTS EXPENSES 62,088. RENTAL EXPENSES 2,153. GAMING EXPENSES 3,475. PART XI, LINE 4B - OTHER ADJUSTMENTS: NONCASH DONATIONS 26,137. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 6,518. SPECIAL EVENTS EXPENSES 62,088. RENTAL EXPENSES 2,153. GAMING EXPENSES 3,475. PART XII, LINE 4B - OTHER ADJUSTMENTS: NONCASH DONATIONS 26,137. WOLVES AUCTION 96692 72146 24546 8649 3350 21671 SMITH FINE ARTS AUCTION 27166 23015 4151 12 1000 5068 1 19920 13330 6590 440 14230 143778 108491 35287 9101 4350 40969 54420 -19133 16588 3475 0 16588 3475 3475 13113 0 0 0 0 0 0 0 WESTERN OREGON UNIVERSITY 345 N MONMOUTH AVENUE MONMOUTH OR 97361 936001786 501(C)(1) 380460 5597 BOOK VALUE EQUIPMENT AND SUPPLIES, ARTWORK, FOOD FINANCIAL SUPPORT 1 SCHOLARSHIPS FOR STUDENTS ATTENDING WESTERN OREGON UNIVERSITY. 538 1002895 X 1 1 0 0 0 0 0 0 0 0 0 JESSE PETERS PRESIDENT, WOU 0 138192 0 0 0 67000 0 0 0 711 0 205903 0 0 CARA GROSHONG INTERIM DIRECTOR (THROUGH 2/28/23) 0 109047 0 0 0 0 0 36155 0 21691 0 166893 0 0 X 5419 DONOR DETERMINED X 3 147582 FMV AT DONATION DATE X 21 2317 DONOR DETERMINED X GIFT CERTIFICATES, OTHER 94 13305 DONOR DETERMINED X PIANO 1 4500 DONOR DETERMINED X SUPPLIES 1 597 DONOR DETERMINED 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED IN DETAIL, FIRST BY WOU FOUNDATION STAFF, THEN AGAIN BY THE BOARD OF TRUSTEES FINANCE & PLANNED GIVING COMMITTEE. IT IS THEN RECOMMENDED FOR APPROVAL TO THE BOARD OF TRUSTEES AT THIR NEXT REGULARLY SCHEDULED MEETING. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION COMMUNICATES THE CONFLICT OF INTEREST POLICY TO EACH TRUSTEE, DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS AT THE TIME OF ITS ADOPTION AND AT LEAST ANNUALLY DURING THE SEPTEMBER BOARD MEETING THEREAFTER. EACH TRUSTEE, DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF ANY COMMITTEE SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: A. HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, B. HAS READ AND UNDERSTANDS THE POLICY, C. HAS AGREED TO COMPLY WITH THE POLICY, AND UNDERSTANDS THE ORGANIZATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE ON SITE AT THE FOUNDATION AND UPON REQUEST TO THE PUBLIC VIA VERBAL, WRITTEN OR ELECTRONIC COMMUNICATION. GOVERNING DOCUMENTS ARE ALSO AVAILABLE ON THE ORGANIZATION'S WEBSITE. WESTERN OREGON UNIVERSITY 345 N MONMOUTH AVENUE MONMOUTH OR 97361 936001786 HIGHER EDUCATION OR 501(C)(1) 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 WESTERN OREGON UNIVERSITY B 386057 CASH AND MARKET VALUE