2024-09-26T18:46:32-05:00 2023-12-31 205018267 THE DOTY GROUP PS 1102 BROADWAY SUITE 400 TACOMA WA 98402 990 2023-01-01 911565219 CLOVER PARK TECHNICAL COLLEGE FOUNDATION CLOV 2535895782 4500 STEILACOOM BLVD SW LAKEWOOD WA 984994004 CATHY PURCELLA FOUNDATION EXECUTIVE DIRECTOR 2535895732 2024-09-17 1 1 LYNNAE S FRITZ P01270987 2538305450 2024-08-27 2023 2024-08-08 14:25:15Z CATHY PURCELLA 4500 STEILACOOM BLVD SW LAKEWOOD WA 984994098 882350 0 X WWW.CPTC.EDU/FOUNDATION X 1993 WA CPTC FOUNDATION ENSURES THE OPPORTUNITY FOR THE EDUCATION OF TOMORROW'S WORKFORCE. 10 10 0 30 0 0 346228 489409 13448 9002 39156 37624 81939 -20805 480771 515230 243591 262169 0 0 0 0 0 0 4037 68185 47593 311776 309762 168995 205468 2696593 3160237 1750 0 2694843 3160237 X TO ASSIST CLOVER PARK TECHNICAL COLLEGE STUDENTS AND PROGRAMS. 0 0 116921 116921 PROVIDE SCHOLARSHIPS TO STUDENTS FOR TUITION, BOOKS AND SUPPLIES AS WELL AS STAFF AND FACULTY AWARDS FOR OUTSTANDING WORK AND COMMITMENT TO THEIR JOBS. 26396 26396 PROVIDE EMERGENCY GRANTS TO STUDENTS AT CLOVER PARK TECHNICAL COLLEGE FOR SHELTER, UTILITIES OR OTHER NEEDS THAT WILL ENABLE THE STUDENT TO CONTINUE THEIR EDUCATION. 5363 5363 PROVIDE ASSISTANCE TO COLLEGE PROGRAMS THROUGH EQUIPMENT DONATIONS TO ASSIST STUDENTS IN PRACTICAL TRAINING FOR THEIR VOCATION; PROVIDED CASH TO SPECIFIC PROGRAMS FOR SUPPLIES AND OTHER NEEDS. 116707 113489 9002 PROVIDE ASSISTANCE TO COLLEGE PROGRAMS THROUGH DONATED GOODS FOR ACADEMIC USE. 116707 113489 9002 265387 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 X 5 0 1 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 WA X X THE ORGANIZATION 2535895782 4500 STEILACOOM BLVD SW LAKEWOOD WA 98499 X NANCY STERNITZKY DIRECTOR 2.00 X 0 0 0 KATHRYN SMITH DIRECTOR 2.00 X 0 0 0 KRIS SHEGRUD DIRECTOR 2.00 X 0 0 0 LUCAS HOLM DIRECTOR 2.00 X 0 0 0 HARLEY MOBERG DIRECTOR 2.00 X 0 0 0 AMELIA GRAYSON EX OFFICIO DIRECTOR 2.00 X 0 0 0 THUSHARI GOONERATNE DIRECTOR 2.00 X 0 0 0 DR JOYCE LOVEDAY EX OFFICIO DIRECTOR 2.00 X 0 0 0 CATHY PURCELLA EX OFFICIO DIRECTOR 2.00 X 0 0 0 SAMANTHA DANA EX OFFICIO DIRECTOR 2.00 X 0 0 0 BILL HAMILTON EMERITI DIRECTOR 2.00 X 0 0 0 SHARON MCGAVICK EMERITI DIRECTOR 2.00 X 0 0 0 ELI TAYLOR TRUSTEE LIAISON 2.00 X 0 0 0 ALDEN BISHOP DIRECTOR 2.00 X 0 0 0 MARY GREEN TREASURER 3.00 X 0 0 0 DAVID HARKNESS DIRECTOR-AT-LARGE 2.00 X 0 0 0 CAROLINE HENRY DIRECTOR-AT-LARGE 2.00 X 0 0 0 JOE LYDIC PRESIDENT 2.00 X 0 0 0 THULI LUSHABA SECRETARY 2.00 X 0 0 0 0 0 0 0 0 0 0 0 115313 374096 120878 489409 VENDING MACHINE INCOME 561000 6913 6913 PROGRAM INCOME 611710 2089 2089 9002 55195 55195 328744 346315 -17571 -17571 -17571 0 115313 20805 -20805 -20805 515230 9002 0 16819 113489 113489 148680 148680 21600 21600 12173 12173 4662 625 4037 1119 1119 1588 1588 SUPPORT COLLEGE PROGRAM 4645 3218 1427 BANK SERVICE FEES 1420 1420 DUES & SUBSCRIPTIONS 120 120 DONOR RECOGNITION 79 79 187 187 309762 265387 40338 4037 607519 650667 12848 11341 44472 46470 2031754 2451759 2696593 3160237 1750 1750 0 X 1054072 1053192 1640771 2107045 2694843 3160237 2696593 3160237 205468 259926 0 X X 0 1 X 1 0 X 862626 519660 398482 346228 489409 2616405 244381 249356 230955 190026 238809 1153527 1107007 769016 629437 536254 728218 3769932 3769932 22039 43492 36191 40286 55195 197203 3967135 0.95030 0.95650 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2031754 463372 -8150 23044 12173 2451759 2204261 426685 -521863 65679 11650 2031754 1927605 130545 228299 70216 11972 2204261 1227069 631327 150813 65540 16064 1927605 1009021 51875 197847 21131 10543 1227069 0.33300 0.38900 0.27800 0 0 0 X 1022597 259926 238809 20805 519540 503057 12173 12173 515230 557203 238809 20805 259614 297589 12173 12173 309762 PART V, LINE 4: THE FUNDS ARE TO BE USED FOR GRANTS AND SCHOLARSHIPS AS WELL AS PROGRAM EXPENSES FOR INDIVIDUALS ATTENDING THE COLLEGE AND FOR SPECIFIC PROGRAMS OR FUNCTIONS, AS DESIGNATED BY THE ORIGINAL DONOR IN THE ENDOWMENT FORMATION DOCUMENT. PART X, LINE 2: THE FINANCIAL STATEMENTS CONTAIN A FOOTNOTE REGARDING THE TAX POSITIONS TAKEN BY THE FOUNDATION. HOWEVER, NO UNCERTAIN TAX POSITIONS WERE IDENTIFIED THAT REQUIRED DISCLOSURE IN THE FOOTNOTE. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 20,805. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 20,805. SCHOLARSHIP DINNER 95637 95637 11661 1267 GOLF TOURNAMENT 19676 19676 1487 6390 115313 115313 13148 7657 20805 -20805 1 CLOVER PARK TECHNICAL COLLEGE 4500 STEILACOOM BLVD SW LAKEWOOD WA 98499 911523641 0 164389 DONOR'S VALUATION IN-KIND GOODS FOR COLLEGE PROGRAMS TO PROVIDE TOOLS AND SUPPLIES FOR COLLEGE PROGRAMS EMERGENCY GRANTS TO STUDENTS AT CLOVER PARK TECHNICAL COLLEGE 104 31759 ACCRUAL BASIS STAFF AND FACULTY EXCELLENCE AWARDS 5 7000 ACCRUAL BASIS SCHOLARSHIP FOR ATTENDANCE AT CLOVER PARK TECHNICAL COLLEGE 137 109921 ACCRUAL BASIS PART I, LINE 2: SCHOLARSHIPS AND GRANTS ARE PROVIDED TO STUDENTS WHO ARE CURRENTLY ENROLLED AT CLOVER PARK TECHNICAL COLLEGE. WHEN A SCHOLARSHIP IS AWARDED, THE GRANT IS FORWARDED DIRECTLY TO THE COLLEGE FOR THE STUDENT'S TUITION, DIRECTLY PAID TO THE VENDOR OF CHOICE FOR BOOKS AND SUPPLIES OR REIMBURSED TO THE STUDENT WITH A RECEIPT OF PAYMENT. EMERGENCY ASSITANCE GRANTS ARE TYPICALLY PAID TO THE RENTOR, UTILITY PROVIDER OR THE COLLEGE FOR GED TESTING AND BUS PASSES. THE COLLEGE THEN PROVIDES INFORMATION BACK TO THE FOUNDATION ABOUT THE PROGRESS OF THE STUDENT OR PROGRAM FOR WHICH THE AWARD WAS INTENDED. X 3 1998 OPINION OF EXPERTS X EQUIPMENT & TOOLS 25 113489 OPINION OF EXPERTS X AUCTION ITEMS 27 5391 RETAIL VALUE 0 1 0 FORM 990 PART V LINE 7H-FILING OF FORM 1098-C THE FOUNDATION FOLLOWS IRS GUIDANCE PROVIDED IN THE 1098-C (CONTRIBUTIONS OF MOTOR VEHICLES, BOATS AND AIRPLANES) INSTRUCTIONS. ACCORDINGLY, IN LIEU OF PROVIDING COPIES B AND C OF FORM 1098-C TO A DONOR, THE FOUNDATION PROVIDES A WRITTEN ACKNOWLEDGMENT THAT CONTAINS ALL OF THE REQUIRED INFORMATION TO THE DONOR. FORM 990, PART VI, SECTION B, LINE 11B AN EMAIL IS SENT TO ALL BOARD MEMBERS ADVISING THAT THE 990 IS AVAILABLE FOR REVIEW. THE FINANCE COMMITTEE REVIEWS IN DETAIL PRIOR TO SUBMISSION TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED AT LEAST ANNUALLY TO COMPLETE A QUESTIONNAIRE. IN ADDITION, THEY ARE ASKED TO KEEP THE FOUNDATION INFORMED IF THERE ARE ANY CHANGES THROUGHOUT THE YEAR WHICH MAY CREATE A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE DIRECTOR AND STAFF ARE PAID BY THE CLOVER PARK TECHNICAL COLLEGE. THE COLLEGE HAS STRICT POLICIES FOR SETTING THE PAY SCALE, ALL OF WHICH ARE GOVERNED BY THE STATE OF WASHINGTON. THEREFORE, THE FOUNDATION DOES NOT HAVE WAGES WHICH ARE PAID DIRECTLY BUT, INSTEAD, UTILIZES THE COLLEGE STAFF TO CARRY OUT FUNCTIONS ON BEHALF OF THE FOUNDATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE UPON REQUEST, INCLUDING CONFLICT OF INTEREST POLICY AND FINANCIAL INFORMATION. FORM 990 PART XII, LINE 2C THERE HAVE BEEN NO CHANGES IN THE OVERSIGHT AND APPROVAL OF THE AUDITED FINANCIAL STATEMENT BY THE BOARD SINCE LAST YEAR. CLOVER PARK TECHNICAL COLLEGE 4500 STEILACOOM BLVD SW LAKEWOOD WA 98499 911523641 TECHNICAL INSTITUTE-HIGHER EDUCATION WA LINE 2 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 CLOVER PARK TECHNICAL COLLEGE B 148680 AMOUNT PAID OR ACCRUED CLOVER PARK TECHNICAL COLLEGE N 65059 FAIR MARKET VALUE CLOVER PARK TECHNICAL COLLEGE O 173750 FAIR MARKET VALUE CLOVER PARK TECHNICAL COLLEGE R 113489 FAIR MARKET VALUE