2024-11-07T17:51:12-06:00 2023-12-31 910873571 GREENWOOD OHLUND PS 4241 21ST AVE W SUITE 400 SEATTLE WA 98199 990 2023-01-01 911182444 LAKE WASHINGTON COLLEGE FOUNDATION C/O LAKE WA INSTITUTE OF TECHNOLOGY LAKE 4257398391 11605 132 AVE NE W205C KIRKLAND WA 98034 DARCY KIPNIS EX OFFICIO DIRECTOR 4257398391 2024-10-18 1 1 ERIC L KIMPTON P01970440 2067821767 2023 2024-10-15 13:58:12Z BILL SHELBY 11605 132 AVE NE W205C KIRKLAND WA 98034 3597138 0 X WWW.LWTECH.EDU X 1949 WA PROVIDE LAKE WASHINGTON INSTITUTE OF TECHNOLOGY THE MARGIN OF SUPPORT NECESSARY TO ACHIEVE EDUCATIONAL EXCELLENCE AND TO EXPAND THE FINANCIAL BASIS FOR QUALITY THAT LIES BEYOND THE SCOPE OF LEGISLATIVE FUNDING THROUGH INDIVIDUAL, CORPORATE, AND COMMUNITY PARTNERSHIPS. 15 15 0 16 0 0 816866 1137396 3500 8000 141000 472232 0 0 961366 1617628 590833 561153 0 0 0 0 0 0 7431 161396 352299 752229 913452 209137 704176 4586150 5556070 0 139097 4586150 5416973 PROVIDE LAKE WASHINGTON INSTITUTE OF TECHNOLOGY THE MARGIN OF SUPPORT NECESSARY TO ACHIEVE EDUCATIONAL EXCELLENCE AND TO EXPAND THE FINANCIAL BASIS FOR QUALITY THAT LIES BEYOND THE SCOPE OF LEGISLATIVE FUNDING THROUGH INDIVIDUAL, CORPORATE, AND COMMUNITY PARTNERSHIPS. 0 0 561153 561153 THE FOUNDATION RECEIVES VARIOUS CONTRIBUTIONS FROM DONORS AND AWARDS THE DONATIONS TO STUDENTS. IN 2023, OVER $560,000 WAS AWARDED TO STUDENTS. 116181 THE FOUNDATION RECEIVES CONTRIBUTIONS FROM VARIOUS DONORS INCLUDING THE PEIERLS FOUNDATION. THESE FUNDS ARE FOR THE BENEFIT OF COLLEGE PROGRAMS, THEIR STUDENTS, AND OUR IN-HOUSE HIGH SCHOOL ACADEMY PROGRAM. 8000 THE FOUNDATION PAID THE COLLEGE FOR THE COSTS OF OPERATING A SPACE FOR AN ESPRESSO CART AND RECEIVED REVENUE FROM THE ESPRESSO STAND AND ART RENTAL. 677334 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 2 0 1 0 0 0 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 0 1 0 0 0 X HEATHER LOWRY 4257398100 11605 132 AVE NE W205C KIRKLAND WA 98034 X ELISABETH SORENSEN EXECUTIVE DIRECTOR 40.00 X X 0 0 0 BILL SHELBY PRESIDENT 5.00 X X 0 0 0 DR DAN FROST VICE PRESIDENT 1.00 X X 0 0 0 GINA HAGGERTY TREASURER 1.00 X X 0 0 0 WALT KRUEGER SECRETARY 0.50 X X 0 0 0 DIANE TOOMEY EVENTS CHAIR 0.50 X X 0 0 0 BRUCE RIVELAND EX OFFICIO DIRECTOR 2.00 X 0 0 0 DARCY KIPNIS EX OFFICIO DIRECTOR 2.00 X 0 0 0 AMY MORRISON EX OFFICIO DIRECTOR 1.00 X 0 0 0 LAURA WILDFONG TRUSTEE LIAISON 0.25 X 0 0 0 KEN BOYER MEMBER 0.25 X 0 0 0 DIANE HAELSIG MEMBER 0.25 X 0 0 0 KATHY KATZENBERGER MEMBER 0.25 X 0 0 0 DARRYL LYTLE MEMBER 0.25 X 0 0 0 NAZIE NABAIE MEMBER 0.25 X 0 0 0 KRISTEN OVERLEESE MEMBER 0.25 X 0 0 0 LANE SAVITCH MEMBER 0.25 X 0 0 0 GAYLE SHIMOKURA MEMBER 0.25 X 0 0 0 NOLAN KORESKI MEMBER 0.25 X 0 0 0 JESSICA BECK MEMBER 0.25 X 0 0 0 0 0 0 0 0 0 0 0 224862 912534 90488 1137396 ESPRESSO CART REVENUE 900099 8000 8000 8000 123456 123456 2316260 1967484 348776 348776 348776 12026 224862 12026 0 1617628 8000 0 472232 X 561153 561153 10600 10600 19298 19298 235318 96724 131163 7431 10622 4335 6287 2418 2418 2521 1876 645 MEALS 46192 5392 40800 OTHER 23424 6343 17081 REGISTRATION AND MEMBER 1906 1511 395 913452 677334 228687 7431 572390 626508 161768 325109 97226 3851992 4507227 4586150 5556070 139097 0 139097 X 466276 483870 4119874 4933103 4586150 5416973 4586150 5556070 704176 126647 0 X X 0 1 X 1 0 X 1320523 655897 698241 816866 1137396 4628923 447527 447527 1320523 655897 698241 816866 1584923 5076450 1384920 3691530 81562 80753 40049 85037 123456 410857 5487307 33924 0.67270 0.62480 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2675264 316606 388605 73200 12371 3294904 2855127 234561 -330752 70418 13254 2675264 2551232 184193 217665 84866 13097 2855127 2251826 125014 222314 37050 10872 2551232 1828804 177530 293995 38750 9753 2251826 0.00000 0.80990 0.19010 0 0 0 2184530 126647 447527 12026 586200 1598330 19298 19298 1617628 1353707 447527 12026 459553 894154 19298 19298 913452 PART V, LINE 4: PROVIDE LAKE WASHINGTON TECHNICAL COLLEGE STUDENTS AND FACULTY THE MARGIN OF SUPPORT NECESSARY TO ACHIEVE EDUCATIONAL EXCELLENCE AND TO EXPAND THE FINANCIAL BASIS FOR QUALITY THAT LIES BEYOND THE SCOPE OF LEGISLATIVE FUNDING THROUGH INDIVIDUAL, CORPORATE AND COMMUNITY PARTNERSHIPS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE INCLUDED ON PART VIII, LINE 8B: 12,026. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE INCLUDED ON PART VIII, LINE 8B: 12,026. BRIGHT FUTURES BENEFIT WEEK 236888 224862 12026 12026 236888 224862 12026 12026 12026 0 1 DIRECT FINANCIAL AID TO STUDENTS 117 25019 FINANCIAL AID THROUGH THE COLLEGE FOR STUDENTS 385 0 536134 FMV REDUCED COLLEGE TUITION PART I, LINE 2: STUDENT APPLICATIONS FOR GRANTS LISTED ON THE COLLEGE'S WEBSITE ARE REVIEWED AND AWARDED BY A COLLEGE COMMITTEE WHICH INCLUDES FINANCIAL AID PERSONNEL. OTHER AWARDS, PROCESSED THROUGH SPECIFIC FOUNDATION DEPARTMENT OR SCHOLARSHIP ACCOUNTS, ARE REQUESTED BY THE COLLEGE FACULTY AND APPROVED BY THE APPROPRIATE DEAN AND/OR VICE PRESIDENT. EACH YEAR, THE FOUNDATION EXECUTIVE DIRECTOR AND BOARD DECIDE IF AND HOW MUCH THEY WILL AUTHORIZE TO BE GIVEN TO THE COLLEGE FOR STUDENT EMERGENCY FUNDING. AFTER AWARDS ARE GRANTED, ALL DISBURSEMENT REQUESTS ARE GIVEN TO THE FOUNDATION DEPARTMENT WHERE THEY ARE REVIEWED BY THE EXECUTIVE DIRECTOR FOR THE FOUNDATION. FOUNDATION ACCOUNTS ARE REVIEWED ON MANY LEVELS. THE INDIVIDUAL MANAGERS OF PROGRAMS OR SCHOLARSHIPS ARE GIVEN MONTHLY REPORTS TO REVIEW. THE FOUNDATION EXECUTIVE DIRECTOR AND THE FOUNDATION BOARD MEMBERS REVIEW AND DISCUSS ALL FOUNDATION ACCOUNTS AS REQUIRED. THE FOUNDATION DIRECTOR RECEIVES A REPORT OF COLLEGE RECORDS WHICH LISTS THE AWARDS DISBURSED BY THE COLLEGE FOR BOTH WEB AWARDS AND EMERGENCY GRANTS. THE FINANCIAL AID DEPARTMENT RECEIVES A LIST QUARTERLY OF ALL AWARDS THAT WERE NOT PROCESSED THROUGH THE COLLEGE, BUT WERE GIVEN TO THE STUDENT DIRECTLY. X 4 90488 FMV DATE OF DONATION 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B A DRAFT FORM 990 IS DISTRIBUTED TO MEMBERS FOR REVIEW. A SCHEDULED MEETING FOR REVIEW AND DISCUSSION WITH OUR ACCOUNTING FIRM IS MADE. FORM 990, PART VI, SECTION B, LINE 12C DISCLOSURE REQUIRED WITH YEARLY QUESTIONNAIRE. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE ON THE COLLEGE'S WEBSITE. FORM 990, PART IX, LINE 11G OTHER CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 96,724. MANAGEMENT AND GENERAL EXPENSES 131,163. FUNDRAISING EXPENSES 7,431. TOTAL EXPENSES 235,318. FORM 990, PART XII, LINE 1: ACCOUNTING METHOD CHANGE FROM MODIFIED CASH TO ACCRUAL.