2024-04-08T18:23:31-05:00 2023-06-30 390859910 BAKER TILLY US LLP 225 S 6TH ST 2300 MINNEAPOLIS MN 55402 990 2022-07-01 237232067 WHITWORTH FOUNDATION WHIT 5097773208 300 W HAWTHORNE RD SPOKANE WA 99251 KENNETH M BROWN VICE PRESIDENT AND COO 5097774225 2024-04-08 1 KENNETH BROWN 999009999 1 KAREN A GRIES P00078514 6128764500 2024-03-28 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z SCOTT MCQUILKIN 300 W HAWTHORNE RD SPOKANE WA 99251 23352 0 X WWW.WHITWORTH.EDU X 1972 WA TO SERVE AS THE CATALYST OR CONDUIT THROUGH WHICH DEFERRED OR PLANNED GIFTS FLOW TO PROVIDE PERMANENT FINANCIAL SUPPORT OF WHITWORTH UNIVERSITY. 16 12 0 12 0 0 113620 23352 0 0 0 0 0 0 113620 23352 527347 279611 0 0 0 0 0 0 0 0 0 527347 279611 -413727 -256259 15872942 15418052 6713998 6499960 9158944 8918092 TO SERVE AS THE CATALYST OR CONDUIT THROUGH WHICH DEFERRED OR PLANNED GIFTS FLOW TO PROVIDE PERMANENT FINANCIAL SUPPORT OF WHITWORTH UNIVERSITY. 0 0 279611 279611 DURING FISCAL YEAR 2023, THE WHITWORTH FOUNDATION TRANSFERRED $279,611 TO WHITWORTH UNIVERSTIY TO SUPPORT THE MISSION OF THE INSTITUTION. 279611 1 1 0 0 0 0 0 0 0 0 0 1 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 16 12 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 AK CA CO ME MA MN NH SC UT WA X X TAYLOR HOFFARD ASSOC VP FINANCE AND ADMIN 5097773208 300 W HAWTHORNE RD SPOKANE WA 99251 SCOTT MCQUILKIN DIRECTOR UNIVERSITY PRESIDENT 10.00 40.00 X X 0 404733 33015 LAWRENCE PROBUS DIRECTOR VP FOR FIN & ADMIN (TERM 12/2022) 5.00 40.00 X X 0 226734 25540 STACEY KAMM SMITH DIRECTOR VP INSTITUTIONAL ADVANCEMENT 5.00 40.00 X 0 177763 22525 DAWN KEIG DIRECTOR UNIVERSITY FACULTY PRESIDENT 1.00 40.00 X 0 0 0 WILLIAM CURRY FOUNDATION PRESIDENT 1.00 X X 0 0 0 WILLIAM SPERLING JR SECRETARY/TREASURER 1.00 X X 0 0 0 BEN NIELSEN DIRECTOR 1.00 X 0 0 0 CHERYL BROOKS DIRECTOR 1.00 X 0 0 0 DANIEL HULSIZER DIRECTOR 1.00 X 0 0 0 DIONE JANTZ DIRECTOR 1.00 X 0 0 0 FRANK KNOTT DIRECTOR 1.00 X 0 0 0 JERRY SHEFFELS DIRECTOR 1.00 X 0 0 0 KENNETH ROBERTS DIRECTOR 1.00 X 0 0 0 MARK LUPTON DIRECTOR 1.00 X 0 0 0 PETER ENKEMA DIRECTOR 1.00 X 0 0 0 RICHARD LEWIS DIRECTOR 1.00 X 0 0 0 0 809230 81080 0 0 1 0 0 23352 6984 23352 23352 0 0 0 279611 279611 279611 279611 0 0 74208 56337 348190 234703 1263902 1393689 10550719 10051126 3635923 3682197 15872942 15418052 203559 0 6510439 6499960 6713998 6499960 X 2913594 2960139 6245350 5957953 9158944 8918092 15872942 15418052 X -256259 15407 X X 0 1 X 1 0 X X 1 WHITWORTH UNIVERSITY 910473310 2 1 279611 0 1 279611 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 PART IV, SECTION C, LINE 1: WHITWORTH UNIVERSITY'S PRESIDENT HAS CHARGED THE VICE PRESIDENT FOR INSTITUTIONAL ADVANCEMENT TO OVERSEE ALL INSTITUTIONAL GIFTS RECEIVED. THE VICE PRESIDENT HAS IN TURN DESIGNATED HER SENIOR ASSOCIATE VICE PRESIDENT TO CLOSELY MONITOR ALL THE CONTRIBUTIONS SPECIFICALLY RECEIVED FOR THE WHITWORTH FOUNDATION. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 CHARITABLE REMAINDER UNITRUSTS 2772190 F DOMESTIC AND INTERNATIONAL REIT'S 1474781 F INTERNATIONAL BOND FUNDS 3560410 F DOMESTIC BOND FUNDS 2243745 F 10051126 CASH SURRENDER VALUE OF LIFE INSURANCE POLICIES 3682197 3682197 INSURANCE PREMIUM RESERVE 60000 ANNUITIES PAYABLE 6439960 6499960 X PART X, LINE 2: THE FOUNDATION 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 FOUNDATION FOR UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2023 AND 2022. THE FOUNDATION'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AUTHORITIES. 0 WHITWORTH UNIVERSITY 300 W HAWTHORNE ROAD SPOKANE WA 99251 910473310 501(C)(3) 279611 0 TO AID WHITWORTH UNIVERSITY'S PROGRAMS 1 PART I, LINE 2: THE ORGANIZATION PRIMARILY MAKES GRANTS TO A RELATED ORGANIZATION, WHITWORTH UNIVERSITY, AND RECORDS ARE MAINTAINED AS TO HOW FUNDS ARE DISBURSED BY BOTH ORGANIZATIONS. 0 1 0 0 0 0 0 0 0 SCOTT MCQUILKIN DIRECTOR UNIVERSITY PRESIDENT 0 378083 0 0 0 26650 0 24400 0 8615 0 437748 0 0 LAWRENCE PROBUS DIRECTOR VP FOR FIN & ADMIN (TERM 12/2022) 0 211431 0 0 0 15303 0 17139 0 8401 0 252274 0 0 STACEY KAMM SMITH DIRECTOR VP INSTITUTIONAL ADVANCEMENT 0 177763 0 0 0 0 0 14323 0 8202 0 200288 0 0 PART I, LINE 3 THE ORGANIZATION'S OFFICERS ARE COMPENSATED FROM ITS RELATED ORGANIZATION, WHITWORTH UNIVERSITY. THE FOLLOWING WERE USED BY WHITWORTH UNIVERSITY TO DETERMINE THE COMPENSATION OF THE PRESIDENT: 1. COMPENSATION COMMITTEE 2. INDEPENDENT COMPENSATION CONSULTANT 3. FORM 990 OF OTHER ORGANIZATIONS 4. COMPENSATION SURVEY OR STUDY 5. APPROVAL BY THE BOARD AND COMPENSATION COMMITTEE PART I, LINE 4B SCOTT MCQUILKIN PARTICIPATES IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN UNDER SECTION 457(F). A $25,733 NON-VESTED CONTRIBUTION WAS MADE DURING FY2023, WHICH IS A PART OF COLUMN C IN PART II. FORM 990, PART I: WHITWORTH FOUNDATION MAKES GRANTS OF MATURED GIFTS TO WHITWORTH UNIVERSITY, IN ACCORDANCE WITH ITS MISSION OF FUNDRAISING ON BEHALF OF THE UNIVERSITY. THE TIMING OF THESE GRANTS CAN CAUSE SWINGS IN THE INCOME REPORTED ON FORM 990. FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERS OF THE FOUNDATION SHALL CONSIST OF THOSE INDIVIDUALS WHO ARE SERVING, FROM TIME TO TIME, AS MEMBERS OF THE BOARD OF TRUSTEES OF WHITWORTH UNIVERSITY. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF THE FOUNDATION HAVE THE RIGHT TO ELECT, APPOINT, REMOVE, OR REPLACE ANY AND ALL MEMBERS OF THE GOVERNING BODY OF THE FOUNDATION. FORM 990, PART VI, SECTION B, LINE 11B WHITWORTH FOUNDATION HAS A PROCESS BY WHICH THE FORM 990 IS REVIEWED BY BOARD MEMBERS BEFORE FILING THE FINAL RETURN. THE UNIVERSITY'S AUDIT COMMITTEE HAS BEEN DELEGATED AS THE BOARD REVIEW COMMITTEE FOR THE FORM 990 AND PROVIDES THE FULL BOARDS OF THE FOUNDATION AND UNIVERSITY WITH AN OPPORTUNITY FOR EACH MEMBER TO REVIEW THE FORM 990 AT LEAST ONE WEEK PRIOR TO ITS SUBMITTAL TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C WHITWORTH FOUNDATION BOARD OF DIRECTORS ANNUALLY COMPLETES A CONFLICT OF INTEREST DISCLOSURE STATEMENT. THIS QUESTIONNAIRE INCLUDES NAME AND TITLE OF EACH DIRECTOR, AND INCLUDES A LIST OF QUESTIONS PERTAINING TO CONFLICT OF INTEREST SCENARIOS. THESE STATEMENTS IDENTIFY ALL ACTUAL OR POTENTIAL CONFLICTS OF INTEREST THAT MIGHT BE EXPECTED TO OCCUR IN THE COMING YEAR. ALL STATEMENTS DISCLOSING POTENTIAL CONFLICTS ARE CIRCULATED TO THE EXECUTIVE COMMITTEE OF THE FOUNDATION BOARD FOR REVIEW AND RESOLUTION OF NOTED EXCEPTIONS. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNANCE DOCUMENTS, AUDITED FINANCIAL STATEMENTS AND FORM 990 ARE AVAILABLE ON THE WHITWORTH FOUNDATION WEBSITE AND UPON REQUEST. THE CONFLICT OF INTEREST STATEMENTS ARE ONLY AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN THE VALUE OF SPLIT INTEREST AGREEMENTS 15,407. PART XII, LINE 2C: NEITHER THE OVERSIGHT PROCESS OF THE AUDIT OR THE SELECTION PROCESS OF THE INDEPENDENT ACCOUNTANT CHANGED DURING THE TAXABLE YEAR. FORM 990, PART VI, LINE 15: COMPENSATION FOR THE PRESIDENT OF WHITWORTH UNIVERSITY (A RELATED ORGANIZATION) WAS REVIEWED BY THE EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES IN JANUARY 2022, DURING DR. MCQUILKIN'S APPOINTMENT PROCESS. THIS EXECUTIVE COMPENSATION COMMITTEE IS A SUB COMMITTEE OF THE BOARD OF TRUSTEES. IN ADDITION TO SALARY AND BENEFIT PROGRAMS, THE COMMITTEE CONSIDERS ANY EMPLOYEE AND SPOUSAL TRAVEL, HOUSING ALLOWANCE AND PERSONAL USE OF RESIDENCE, PAYMENTS FOR BUSINESS USE OF PERSONAL RESIDENCE, HEALTH OR SOCIAL CLUB FEES AND PERSONAL SERVICES. THE PROCESS INVOLVED AN INDEPENDENT ANALYSIS BY AN OUTSIDE CONSULTANT WHO COMPARED COMPENSATION FOR THE PRESIDENT AGAINST PEER INSTITUTIONS. COMPENSATION FOR OFFICERS AND KEY EMPLOYEES OF WHITWORTH UNIVERSITY IS REVIEWED BY HUMAN RESOURCES USING INDEPENDENT ANALYSIS BY AN OUTSIDE CONSULTANT WHO COMPARED COMPENSATION FOR THESE INDIVIDUALS AGAINST PEER INSTITUTIONS. WHITWORTH UNIVERSITY 300 W HAWTHORNE RD SPOKANE WA 99251 910473310 HIGHER EDUCATION WA 501(C)(3) LINE 2 N/A 0 CHARITABLE 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 1 0 0 0 0 0 0 0 0 0 1 0 1 1 0 1 1 1 WHITWORTH UNIVERSITY B 279611 FMV