2026-01-14T09:46:41+00:00 2025-08-31 440160260 Forvis Mazars LLP 111 E Wayne Street Suite 600 Fort Wayne IN 46802 990 2024-09-01 200664128 THE WALSH COLLEGE FOUNDATION WALS 2486898282 3838 LIVERNOIS ROAD TROY MI 48083 SUZANNE SIEGLE PRESIDENT & CEO 2486898282 2026-01-14 true true Lauren Denton P01571860 2604604000 2026-01-14 2024 2025-03-06 01:10:19Z SUZANNE SIEGLE 3838 LIVERNOIS ROAD TROY MI 48083 2179698 false X WWW.WALSHCOLLEGE.EDU X 2003 MI RAISE FUNDS FOR STUDENT SCHOLARSHIPS AND GENERAL SUPPORT OF WALSH COLLEGE 2 2 0 2 4164 1235 425038 316713 0 0 1075251 289231 -32594 -17415 1467695 588529 1560256 1975491 0 0 0 0 0 0 48547 164565 1608803 2140056 -141108 -1551527 14462370 14657894 0 1208211 14462370 13449683 RAISE FUNDS FOR STUDENT SCHOLARSHIPS AND GENERAL SUPPORT OF WALSH COLLEGE false false 1975491 1975491 0 THE WALSH COLLEGE FOUNDATION IS A WHOLLY OWNED SUBSIDIARY OF WALSH COLLEGE, ORGANIZED TO DEVELOP FUND-RAISING PROGRAMS, EVENTS, AND TO APPLY GIFTS, GRANTS, CONTRIBUTIONS, AND BEQUESTS IN FURTHERANCE OF THE EDUCATIONAL, CHARITABLE, AND OTHER PURPOSES OF THE COLLEGE. 1975491 true true false false false false false false false true false true false false true false true true false false false false false false true false false true false true false false false false false false false false false false false false false false false true false false false false true 0 0 0 true true false false false false true true false false false false false false X 2 2 false false false false true true true true true false false false true true true true true true false false false false MI X SUZANNE SIEGLE 2486898282 3838 LIVERNOIS ROAD TROY MI 48083 X LOUIS C SCHMIDT JR TRUSTTE/CHAIR 0.3 0.3 X X 0 0 0 GERALD SCHAFER TRUSTEE 0.3 0.3 X 0 0 0 SUZANNE SIEGLE PRESIDENT & CEO 1.0 37.5 X 0 311498 24800 0 311498 24800 0 false true false 0 53061 263652 316713 0 0 0 0 0 321604 4164 317440 0 0 1541381 1573754 -32373 0 -32373 -32373 0 53061 17415 -17415 -17415 0 0 0 0 0 588529 0 4164 267652 1975491 1975491 35947 35947 0 0 0 0 128618 128618 0 0 0 0 2140056 1975491 164565 0 50513 136025 754798 509162 375144 347144 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 12332210 12857778 949653 807785 0 0 0 52 0 14462370 14657894 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1208211 0 1208211 X 2650 7241 14459720 13442442 14462370 13449683 14462370 14657894 -1551527 538840 0 X false true true false X 595483 1437268 996891 425038 316713 3771393 0 0 0 0 0 0 0 0 0 0 0 0 595483 1437268 996891 425038 316713 3771393 252559 3518834 221483 459954 423294 385270 321604 1811605 0 0 0 0 0 0 36989 50067 32490 0 0 119546 5702544 0 0.61706 0.44337 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - FUNDRAISING INCOME, COLUMN A - 36989.0, COLUMN B - 50067.0, COLUMN C - 32490.0, COLUMN D - 0.0, COLUMN E - 0.0, COLUMN F - 119546.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11403759 6390 786832 628373 17000 11551608 12073797 106246 1618936 385073 2010147 11403759 11638919 202466 781498 549086 12073797 13307456 365150 -1677338 356349 11638919 10878655 398975 2547129 517303 13307456 0.0 0.75 0.25 false false Closely-held equity interests Financial derivatives LONG-TERM ALTERNATIVE INVESTMENTS 807785 F 807785 Federal Income Taxes DUE TO WALSH COLLEGE 1197655 OTHER LIABILITIES 10556 1208211 1642865 538840 534028 17415 1090283 552582 35947 0 35947 588529 2655552 534028 17415 551443 2104109 35947 0 35947 2140056 Schedule D, Part V, Line 4 Intended uses of endowment funds FOUNDATION ENDOWMENTS ARE PRIMARILY FOR UNDERGRADUATE AND GRADUATE SCHOLARSHIPS. REMAINING AMOUNTS PROVIDE TUTORING, SUPPORT FOR ACCOUNTING FUNDAMENTALS AND STUDENT GOVERNMENT AND AN AWARD FOR ACADEMIC EXCELLENCE. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 SPECIAL EVENT EXPENSE PER FINANCIAL STATEMENTS - 17415 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 SPECIAL EVENT EXPENSE PER FINANCIAL STATEMENTS - 17415 GOLF CLASSIC 53061 53061 0 300 17115 0 0 53061 53061 0 300 17115 17415 -17415 true WALSH COLLEGE 3838 LIVERNOIS RD TROY MI 48086 381308480 501(C)(3) 1975491 TO PROVIDE SCHOLARSHIPS 1 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds SCHOLARSHIPS ARE APPLIED DIRECTLY TO INSTITUTIONAL CHARGES AT WALSH COLLEGE. DIRECT COSTS ARE SPECIFICALLY IDENTIFIED TO THE BENEFITING ACTIVITY. RESTRICTED FUNDS, INCLUDING FEDERAL AWARDS, ARE RECORDED IN SEPARATE FUNDS AND DIRECT EXPENDITURES OF THESE PROGRAMS ARE RESTRICTED TO THE EXCLUSIVE PURPOSE OF THE AWARD. false false false false false false false false false SUZANNE SIEGLE PRESIDENT & CEO 0 311048 0 0 0 450 0 24800 0 0 0 336298 0 0 Schedule J, Part I, Line 3 WALSH COLLEGE, A RELATED ORGANIZATION, USES THE FOLLOWING METHODS TO ESTABLISH COMPENSATION FOR THE CEO/EXECUTIVE DIRECTOR: COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, FORM 990 OF OTHER ORGANIZATIONS, COMPENSATION SURVEY OR STUDY AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. Form 990, Part VI, Line 6 Classes of members or stockholders WALSH COLLEGE IS THE SOLE MEMBER OF THE WALSH COLLEGE FOUNDATION. IN ITS CAPACITY AS THE SOLE MEMBER, THE COLLEGE IS REQUIRED TO APPROVE THE ELECTION OF THE MEMBERS OF THE BOARD OF DIRECTORS OF THE FOUNDATION, AS WELL AS CERTAIN OTHER ACTIONS OF THE FOUNDATION. ANY ACTIONS NOT SPECIFICALLY ENUMERATED IN THE BYLAWS ARE RESERVED TO THE FOUNDATION'S BOARD OF DIRECTORS. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body THE ORGANIZATION HAS A SOLE MEMBER. Form 990, Part VI, Line 11b Review of form 990 by governing body THIS FORM IS REVIEWED BY THE CFO AND ALL TRUSTEES OF AUDIT AND RISK MANAGEMENT COMMITTEE. A COPY OF THIS FORM 990 IS POSTED TO AN INTERNAL BOARD SITE SO THAT IS AVAILABLE TO ALL TRUSTEES PRIOR TO FILING WITH THE IRS. Form 990, Part VI, Line 12c Conflict of interest policy TRUSTEES, OFFICERS, EXECUTIVE AND SELECT KEY ADMINISTRATORS ARE REQUIRED TO FILE A CONFLICT OF INTEREST STATEMENT ANNUALLY AND EVERY TIME THERE IS A DECISION UNDER CONSIDERATION IN WHICH SUCH A PERSON MAY HAVE AN INTEREST. IF A CONFLICT IS DISCOVERED, THE PERSON WITH THE CONFLICT WILL REMOVE THEMSELF FROM THE ROOM DURING ANY DISCUSSION AND RECUSE THEMSELF FROM ANY MOTION, VOTE OR PROPOSAL. Form 990, Part VI, Line 19 Required documents available to the public THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC THROUGH WRITTEN OR VERBAL REQUESTS. WALSH COLLEGE 3838 LIVERNOIS RD TROY MI 48083 381308480 EDUCATION MI 501(c)(3) 2 NONE false false true false false false false false false false false false true true true true true true false false