2024-04-02T14:25:59-05:00 2023-06-30 911194016 CLARK NUBER PS 10900 NE 4TH STREET SUITE 1400 BELLEVUE WA 98004 990 2022-07-01 916073519 FOUNDATION FOR WESTERN WASHINGTON UNIVERSITY AND ALUMNI FOUN 3606504283 OLD MAIN 430 516 HIGH STREET BELLINGHAM WA 98225 MARK BROVAK VICE PRESIDENT AND CFO 3606504283 2024-03-29 1 MARK BROVAK 999009999 0 CELIA DAVIS P01624691 4254544919 2024-03-29 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X KIM O'NEILL OLD MAIN 430 516 HIGH STREET BELLINGHAM WA 98225 25581189 0 X WWW.FOUNDATION.WWU.EDU X 1966 WA THE FOUNDATION FOR WESTERN WASHINGTON UNIVERSITY AND ALUMNI IS A NON-PROFIT, PUBLIC 501(C)(3) CORPORATION THAT EXISTS TO ENCOURAGE, SECURE AND STEWARD PRIVATE FINANCIAL RESOURCES THAT SUPPORT THE ACADEMIC MISSION OF WESTERN WASHINGTON UNIVERSITY. 22 22 0 22 0 2317 11046507 22781724 1761844 1644183 115791 243199 21959 50823 12946101 24719929 6357026 5478795 0 0 1527349 1802070 0 59256 477042 4115667 5291956 12000042 12632077 946059 12087852 143878599 166132970 16773473 16267812 127105126 149865158 X THE FOUNDATION FOR WESTERN WASHINGTON UNIVERSITY AND ALUMNI IS A NON-PROFIT, PUBLIC 501(C)(3) ORGANIZATION THAT ADVANCES THE MISSION OF THE UNIVERSITY: "BY INSPIRING OUR COMMUNITY TO GIVE, WE SECURE AND STEWARD PRIVATE RESOURCES TO ADVANCE SCHOLARSHIP, RESEARCH AND CREATIVITY."THE FOUNDATION WAS ESTABLISHED IN 1966 AS A VEHICLE TO RECEIVE AND ENCOURAGE PRIVATE GIVING TO WWU. THE FOUNDATION IS LED BY A GROUP OF DEDICATED BOARD MEMBERS WHO GROW AWARENESS OF THE IMPORTANCE OF PRIVATE SUPPORT TO PUBLIC INSTITUTIONS. THESE ALUMNI, PARENT AND COMMUNITY LEADERS BRING THEIR EXPERIENCES IN BUSINESS, EDUCATION, SCIENCE, AND NON-PROFITS AND SHARE THE COMMON MISSION OF ENGAGING NEW FRIENDS FOR WESTERN WHILE ALSO STEWARDING THE MORE THAN $75 MILLION IN ASSETS UNDER THE FOUNDATION'S MANAGEMENT. GIFTS FUND STUDENT SCHOLARSHIPS, AS WELL AS PROGRAM AND FACULTY MEMBER SUPPORT. 0 0 5924740 1644183 HIGHER EDUCATION: PROVIDE OTHER PROGRAM SERVICES TO WESTERN WASHINGTON UNIVERSITY TO INCLUDE EQUIPMENT PURCHASES, FACULTY AND STUDENT TRAVEL, CONFERENCES, HONORARIA, SUPPLIES, AND OTHER. 5250369 5250369 HIGHER EDUCATION: 1,986 SCHOLARSHIPS AWARDED TO INDIVIDUAL STUDENTS. 228426 228426 HIGHER EDUCATION: GRANT GIFTS OF IN-KIND PROPERTY RECEIVED FOR WESTERN WASHINGTON UNIVERSITY TO INCLUDE COMPUTER HARDWARE AND SOFTWARE, TECHNICAL EQUIPMENT, ART COLLECTIONS AND GALLERY, LIBRARY ADDITIONS AND OTHER. 11403535 1 1 0 0 0 0 0 0 1 1 1 0 0 0 1 0 1 0 0 0 1 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 1 55 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 22 22 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 WA X MARK BROVAK 3606504283 516 HIGH STREET MS 9034 BELLINGHAM WA 98225 X RICK ANDERSON BOARD MEMBER 2.00 0.00 X 0 0 0 MICHAEL BAYLESS BOARD MEMBER 2.00 0.00 X 0 0 0 CAROL FRANCISCO EC AT LARGE 2.00 0.00 X 0 0 0 GREG GRANT SI CHAIR 4.00 0.00 X 0 0 0 TONY GEORGE SECRETARY 4.00 0.00 X X 0 0 0 SYDNEY HUNSDALE PAST CHAIR & FINANCE CHAIR 4.00 0.00 X X 0 0 0 CHRISTY JOHNSON BOARD MEMBER 2.00 0.00 X 0 0 0 JENNIFER KUTCHER PHILANTHROPY CHAIR 2.00 0.00 X 0 0 0 WARREN MICHELSEN BOARD MEMBER 2.00 0.00 X 0 0 0 TRINITY PARKER BOARD MEMBER 2.00 0.00 X 0 0 0 MARK REIS BOARD MEMBER 2.00 0.00 X 0 0 0 TASHA REPP BOARD MEMBER 2.00 0.00 X 0 0 0 KAREN RICHARDS BOARD MEMBER 2.00 0.00 X 0 0 0 VINI SAMUEL BOARD MEMBER 2.00 0.00 X 0 0 0 INGRID SARAPUU BOARD MEMBER 2.00 0.00 X 0 0 0 BRINTON SCOTT BOARD MEMBER 2.00 0.00 X 0 0 0 BART SHILVOCK EC AT LARGE 2.00 0.00 X 0 0 0 ANDREA STURM BOARD CHAIR 4.00 0.00 X X 0 0 0 COLETTE TAYLOR TREASURER 4.00 0.00 X X 0 0 0 DREW ZOGBY BOARD MEMBER 2.00 0.00 X 0 0 0 DEB ATWOOD BOARD MEMBER 2.00 0.00 X 0 0 0 PAULA RADLOFF BOARD MEMBER 2.00 0.00 X 0 0 0 KIM O'NEILL PRESIDENT AND CEO 26.00 0.00 X 170546 0 13822 MARK BROVAK VICE PRESIDENT AND CFO 14.00 0.00 X 56183 0 6409 MARK BAGLEY ASST VP GIFTS, DONOR RELATIONS 40.00 0.00 X 119925 0 15864 MANDY HANOUSEK ASST VP ADVANCEMENT SERIES 40.00 0.00 X 150823 0 4398 MANCA VALUM SR DIRECTOR STRATEGY INIT/COPR RELATIONS 40.00 0.00 X 104060 0 11979 ANGELA VANDENHAAK SENIOR DIRECTOR OF DEVELOPMENT 40.00 0.00 X 111964 0 8271 AMBER ASBJORNSEN SENIOR DIRECTOR OF DEVELOPMENT 40.00 0.00 X 111767 0 8256 825268 0 68999 6 0 1 0 RUSSELL INVESTMENTS 1301 SECOND AVE 18TH FLOOR SEATTLE WA 98101 INVESTMENT MANAGEMENT FEES 570317 1 97376 22684348 330938 22781724 ENDOWMENT MGMT FEES 561000 1533154 1533154 UNIV. SUPPORTED EVENTS 561000 111029 111029 1644183 237579 237579 541 541 74865 32322 42543 42543 42543 802099 796479 5620 5620 5620 24872 32459 -7587 -7587 REBATES 900099 15326 15326 15326 24719929 1644183 0 294022 228426 228426 5250369 5250369 1802070 1743858 58212 72609 72609 41813 41813 59256 59256 574408 429610 144798 527927 310578 133196 84153 207554 175224 31782 548 402361 316728 62839 22794 78247 10945 12813 54489 38327 28432 9895 1194799 936134 99006 159659 179142 100861 53653 24628 14246 14246 28025 7827 20198 ADMINISTRATIVE EXPENSES 1332042 1332042 EQUIPMENT 252688 250330 2269 89 RENTAL 203498 163508 36671 3319 144270 118663 25607 12632077 11403535 751500 477042 2444932 5103747 18759 31945 8729785 11076686 1005 0 10500 13300 5625147 136790 438656 5488357 126565206 138626338 5020420 5669756 772177 143878599 166132970 151767 182446 1500000 1500000 165880 150800 14654596 14146474 301230 288092 16773473 16267812 X 26342032 32438221 100763094 117426937 127105126 149865158 143878599 166132970 12087852 10672180 0 X 0 1 X 1 0 X 11595852 17029999 7653829 11046507 22781724 70107911 4014476 3765198 3448275 3605204 3525829 18358982 15610328 20795197 11102104 14651711 26307553 88466893 11531948 76934945 1450038 440176 145999 176436 312985 2525634 123719 1257 1356 15326 141658 91134185 8005361 0.84420 0.91120 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER REVENUE - 2018 AMOUNT: $ 123,719. 2019 AMOUNT: $ 1,257. 2020 AMOUNT: $ 1,356. REBATES - 2022 AMOUNT: $ 15,326. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 81949557 14325724 8448762 3743573 100980470 96266702 1979473 -11481657 4814961 81949557 76684444 2983930 22990232 6391904 96266702 77349220 2261744 876144 3802664 76684444 71727842 4171066 4569014 3118702 77349220 0.18985 0.81015 0.00000 0 0 5058457 163758 5222215 402932 136790 266142 5488357 ANNUITY AND LIFE INCOME OBLIGATIONS 288092 288092 38408312 10097773 3525829 13623602 24784710 -64781 -64781 24719929 15648280 3525829 64781 3590610 12057670 574407 574407 12632077 PART IV, LINE 2B: THE FOUNDATION SERVES AS AN AGENT OF THE WESTERN WASHINGTON UNIVERSITY TO INVEST AND MANAGE THE FUND'S ASSETS. THESE ASSETS HAVE BEEN MERGED WITH THE ENDOWMENT INVESTMENTS OF THE FOUNDATION TO FORM A SINGLE INVESTMENT POOL FOR ENDOWMENTS. THE UNIVERSITY'S FUNDS ARE MAINTAINED SEPARATELY ON THE FINANCIAL SYSTEM OF THE FOUNDATION AND THEY RECEIVE A PROPORTIONAL SHARE OF THE INVESTMENT POOL'S ACTIVITY. PART V, LINE 4: ENDOWMENT FUNDS ARE USED TO SUPPORT: WESTERN WASHINGTON UNIVERSITY SCHOLARSHIPS AWARDED TO INDIVIDUAL STUDENTS, PROGRAM SERVICES FOR EQUIPMENT PURCHASES, FACULTY AND STUDENT TRAVEL TO CONFERENCES OR RESEARCH VENUES, HONORARIA FOR LECTURES, PURCHASES OF SUPPLIES, AND OTHER PURCHASES THAT SUPPORT THE UNIVERSITY. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -32,322. COGS -32,459. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 32,322. COGS 32,459. PART V, LINE 2: THE ORGANIZATION FOLLOWS FASB ASC 958 FOR THE REPORTING OF ITS ENDOWMENT FUNDS. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS 727295 0 0 0 0 0 0 727295 0 727295 1 0 1 1 0 0 PART I, LINE 3: THE FAIR MARKET VALUE OF THE INVESTMENTS WAS USED AS THE VALUE. PART III ACCOUNTING METHOD: CERTAIN FOREIGN FILINGS THE FOUNDATION INVESTED IN FOREIGN INVESTMENTS DURING THE YEAR. HOWEVER, THE INVESTMENTS DID NOT MEET THE REQUIREMENTS FOR FILING FORMS 5471 OR 8621. X X X X X X X 1 RUFFALO NOEL LEVITZ LLC 5249 NORTH PARK PLACE NE 1061 CEDAR RAPIDS IA 52402 PHONATHON CONSULTING 0 0 59256 -59256 59256 -59256 WA 1 WESTERN WASHINGTON UNIVERSITY 516 HIGH STREET BELLINGHAM WA 98225 916000562 170(C)(1) 0 228426 FMV VARIOUS ITEMS AS DETAILED ON SCHEDULE M ALL GRANTS ARE MADE TO SUPPORT THE MISSION OF WESTERN WASHINGTON UNIVERSITY. GRANTS ARE MADE TO SUPPORT ACADEMIC PROGRAMS AT THE UNIVERSITY. 1 0 SCHOLARSHIPS 1986 5250369 BOOK SCHOLARSHIPS FOR STUDENTS OF WESTERN WASHINGTON UNIVERSITY. PART I, LINE 2: ALL GRANTS ARE MADE TO WESTERN WASHINGTON UNIVERSITY IN ACCORDANCE WITH THE FOUNDATION'S MISSION. THE FOUNDATION WORKS CLOSELY WITH THE UNIVERSITY TO ENSURE FUNDS ARE EXPENDED FOR THE PURPOSE INTENDED, USUALLY SPECIFIED BY THE DONOR. 0 0 0 0 0 0 0 0 0 KIM O'NEILL PRESIDENT AND CEO 170546 0 0 0 0 0 13822 0 0 0 184368 0 0 0 MANDY HANOUSEK ASST VP ADVANCEMENT SERIES 150323 0 500 0 0 0 4398 0 0 0 155221 0 0 0 MARK BROVAK VICE PRESIDENT AND CFO 56183 0 0 0 0 0 6409 0 0 0 62592 0 0 0 SCHEDULE J, PART II, COMPENSATION: COMPENSATION IS DETERMINED AND PAID BY WESTERN WASHINGTON UNIVERSITY, AN UNRELATED ORGANIZATION. X 1 51000 FAIR MARKET VALUE X 62675 FAIR MARKET VALUE X 28720 FAIR MARKET VALUE X 1 2500 FAIR MARKET VALUE X 12 96410 FAIR MARKET VALUE X 4 1033 COST X EQUIPMENT 7 64773 FAIR MARKET VALUE X PIANO 1 19000 FAIR MARKET VALUE X AUCTION ITEMS 19 2894 FAIR MARKET VALUE X MISCELLANEOUS 4 1933 FAIR MARKET VALUE 0 0 1 0 PART I, COLUMN (B): THE NUMBER REPORTED IN SCHEDULE M, PART I, COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS RECEIVED. FORM 990, PART I, LINE 6: VOLUNTEERS CONSIST OF THOSE WHO SIT ON THE BOARD OF DIRECTORS. FORM 990, PART V, LINE 2A: ALL EMPLOYEES ARE PAID BY WESTERN WASHINGTON UNIVERSITY. THEREFORE, THERE ARE NO EMPLOYEES REPORTED BY THE FOUNDATION. FORM 990, PART VI, SECTION A, LINE 4 THE WESTERN WASHINGTON UNIVERSITY FOUNDATION MERGED WITH THE ALUMNI ASSOCIATION OF WESTERN WASHINGTON UNIVERSITY, EFFECTIVE JULY 6, 2023. THE ORGANIZATION CHANGED ITS NAME TO THE FOUNDATION FOR WESTERN WASHINGTON UNIVERSITY AND ALUMNI, EFFECTIVE JULY 6, 2023. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED AND REVIEWED BY OUTSIDE TAX COUNSEL. ONCE COMPLETED THE FORM 990 IS REVIEWED BY SENIOR MANAGEMENT AND THE AUDIT AND FINANCE COMMITTEE. A FINAL COPY OF THE FORM 990 IS PROVIDED TO THE BOARD BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS, OFFICERS, AND KEY VOLUNTEERS ANNUALLY COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM. ANY CONFLICTS ARE REVIEWED BY THE PRESIDENT & CEO WHO THEN DETERMINES WHETHER A CONFLICT EXISTS. IF NECESSARY, THE BOARD EXECUTIVE COMMITTEE WILL FOLLOW-UP TO ENSURE THAT ALL MEMBERS COMPLETE THE DISCLOSURE FORM. IF A CONFLICT DOES EXIST, THE BOARD MEMBER WILL RECUSE HIM OR HERSELF FROM VOTING AND DISCUSSION ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15 THE FOUNDATION DOES NOT PAY COMPENSATION. HOWEVER, THERE IS COMPENSATION REPORTED FROM AN UNRELATED ORGANIZATION IN PART VII; WHICH IS DETERMINED AND REVIEWED BY WESTERN WASHINGTON UNIVERSITY. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S GOVERNING DOCUMENTS, KEY POLICY DOCUMENTS, FORM 990, AND AUDITED FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. CHARITABLE UNITRUST(5) INVESTMENTS WA N/A T 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0