2024-11-11T14:11:23-06:00 2023-12-31 910870697 Aiken & Sanders Inc PS 324 S Main St Unit A Montesano WA 985634502 990 2023-01-01 910741161 Olympia Tumwater Foundation OLYM 3609432550 PO Box 4098 Tumwater WA 98501 John Freedman Executive Director 3609432550 2024-11-06 0 Terry D Sodders CPA P00003151 3605333370 2023 2024-10-15 13:58:12Z John Freedman PO Box 4098 Tumwater WA 98501 2310104 0 X www.olytumfoundation.org X 1950 WA The Olympia Tumwater Foundation honors both the history and future of Thurston County through its commitment to a wide range of community projects including student scholarships, historic preservation, and stewardship of Brewery Park at Tumwater Falls. Through such civic involvement, the Foundation continues the tradition of philanthropy and responsible citizenship established by the Schmidt family and the Olympia Brewing Company. 15 15 6 5 0 0 217911 444023 0 0 396324 304968 2649 10437 616884 759428 146300 150500 0 0 321657 363204 0 0 0 324409 377378 792366 891082 -175482 -131654 10839310 11306639 95165 74798 10744145 11231841 X The Olympia Tumwater Foundation honors both the history and future of Thurston County through its commitment to a wide range of community projects including student scholarships, historic preservation, and stewardship of Brewery Park at Tumwater Falls. Through such civic involvement, the Foundation continues the tradition of philanthropy and responsible citizenship established by the Schmidt family and the Olympia Brewing Company. 0 0 253032 Opened in 1962 as a gift to the South Sound community, Brewery Park at Tumwater Falls combines spectacular scenery with historical significance situated along the banks of the last quarter mile of the Deschutes River. The Park receives over 250,000 visitors each year and is one of the largest privately owned parks in Washington State. Every fall, thousands of visitors and school students witness the majestic salmon working their way up the river during their annual migration. 158910 150500 Since 1966, the Olympia Tumwater Foundation has been offering scholarships to graduating seniors from Thurston County high schools and has become a major scholarship source in the community. The program has aided more than 500 local students with over $2.0M applied toward their continuing education. The Foundation is governed by a board of respected community leaders and has deep, longstanding ties to the South Puget Sound region. 233475 The Foundation also owns and operates the historic Schmidt House built in 1904 by Leopold Schmidt, founder of the Olympia Brewing Company. The home is made available to various nonprofit, cultural, educational and historic organizations in support of their mission. Also located in the House are the Foundation archives which serve as a repository for artifacts, documents, and objects preserving the memory and legacy of the Schmidt family and the Olympia Brewing Company as well as supporting and promoting the architectural and cultural heritage of the Tumwater Historic District.The Foundation has a robust history program staffed by a public history manager and archivist to archives curation and preservation. 645417 1 1 0 1 0 0 0 0 0 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 5 0 1 6 1 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 WA X John Freedman 3609432550 PO Box 4098 Tumwater WA 98501 Fred Gentry Trustee 0.50 X 0 0 0 Jill Crowson Trustee 0.50 X 0 0 0 Waite Dalrymple Vice President 1.00 X X 0 0 0 Annette Pitts Trustee 0.50 X 0 0 0 Dan Jones Trustee 0.50 X 0 0 0 Katie Hurley Trustee 0.50 X 0 0 0 John Dodge Trustee 0.50 X 0 0 0 Dan O'Neill Trustee 0.50 X 0 0 0 Drew Phillips Executive Member at Large 0.50 X 0 0 0 Lee Wojnar President 1.00 X X 0 0 0 Perry Shea Trustee 0.50 X 0 0 0 Nic Crowson Trustee 0.50 X 0 0 0 Cecelia Loveless Executive Member at Large 0.50 X 0 0 0 Gary Swindler Treasurer 1.00 X X 0 0 0 Andrew Edwards Trustee 0.50 X 0 0 0 John Freedman Executive Director 40.00 X 156327 0 4690 156327 0 4690 1 0 1 0 0 203236 240787 444023 272004 272004 1583640 1550676 32964 32964 32964 Miscellaneous 900099 10437 10437 10437 759428 0 0 315405 10500 10500 140000 140000 160530 73049 87481 172632 143540 29092 30042 19524 10518 18140 10668 7472 8518 8518 19500 19500 44913 44913 6000 6000 25692 11912 13780 18625 18625 43483 43435 48 56930 55422 1508 36021 20500 15521 Repairs and Maintenance 80085 80085 Supplies 14311 6165 8146 Event Expense 5117 5117 Other 43 43 891082 645417 245665 0 6468 16008 53604 197109 75500 111900 13601 16014 2388552 1334691 765608 1053861 9082880 9071963 841649 839784 10839310 11306639 30155 44298 38000 30500 27010 0 95165 74798 X 9821508 10247104 922637 984737 10744145 11231841 10839310 11306639 X -131654 619347 3 X X 0 1 X 1 0 X 173504 214605 213165 217911 444023 1263208 173504 214605 213165 217911 444023 1263208 1263208 312278 286690 275694 266109 272004 1412775 2649 10437 13086 2689069 0.46980 0.43670 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 19500 0 0 19500 0 Part II-B, Line 1: Paid consultant to raise funds for new History and Nature Center. 73049 73049 1162312 643736 518576 193116 133630 59486 960075 557325 402750 1053861 Schmidt Charitable Remainder Trust 812637 Accrued Interest 27147 839784 X 1333865 619347 619347 714518 44913 -3 44910 759428 846169 0 846169 44913 44913 891082 Part X, Line 2: The Foundation files income tax returns in the U.S. federal jurisdiction. The Foundation is no longer subject to U.S. federal income tax examinations by tax authorities for the years before 2020. Currently, there is no examination or pending examination with the Internal Revenue Service (IRS). As of December 31, 2023, there are no tax positions for which the deductibility is certain but for which there is uncertainty regarding the timing of such deductibility. Part XI, Line 4b - Other Adjustments: Rounding -3. Part XII, Line 4b - Other Adjustments: . 1 College Scholarships 18 140000 Part I, Line 2: Applications are required for requesting of funds. Proof of attendance is required for the payout of scholarships. X 0 0 0 0 0 0 0 0 0 John Freedman Executive Director 156327 0 0 0 0 0 4690 0 0 0 161017 0 0 0 Part I, Line 3 Executive Committee determines compensation by comparability data. Board will then vote for approval. Form 990, Part VI, Section B, line 11b The 990 is reviewed by the Executive Committee prior to submitting to the IRS. Form 990, Part VI, Section B, line 12c Board members review and sign the conflict of interest policy on an annual basis Form 990, Part VI, Section B, line 15 Executive committee determines executive director's compensation by comparability data. Form 990, Part VI, Section C, line 18 Documents are available upon request. Form 990, Part VI, Section C, line 19 Documents are available upon request. Form 990, Part XI, line 9: Rounding 3. Part XII Line 2C The process has not changed.