2024-05-14T20:27:24-05:00 2023-06-30 813917978 CAPSTONE CPAS 1325 FOURTH AVE SUITE 1430 SEATTLE WA 98101 990 2022-07-01 911068276 SEATTLE PACIFIC FOUNDATION SEAT 2062812810 3307 THIRD AVENUE WEST SEATTLE WA 98119 BRIAN FICKEN TREASURER 2062812390 2024-05-14 1 BRIAN FICKEN 999009999 0 TM FRIEDRICHSEN P00339213 2067343780 2024-05-13 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z BRIAN FICKEN 3307 THIRD AVENUE WEST SEATTLE WA 98119 919064 0 X HTTP://ADVANCE.SPU.EDU/SPFOUNDATION/ X 1979 WA TO SUPPORT GOALS AND ACTIVITIES OF SEATTLE PACIFIC UNIVERSITY AND OTHER EDUCATIONAL, RELIGIOUS, AND CHARITABLE ORGANIZATIONS THROUGH THE INVESTMENT OF ENDOWMENT AND TRUST ASSETS AND THE MANAGEMENT OF TRUSTS AND ANNUITIES. 6 5 5 0 0 507700 0 0 0 0 86641 20329 614884 898735 701525 919064 23713 0 0 0 431230 549046 0 0 0 123633 323287 578576 872333 122949 46731 192980421 195397156 186231588 187748557 6748833 7648599 TO SUPPORT SEATTLE PACIFIC UNIVERSITY. THE FOUNDATION MAY MAKE GIFTS AND GRANTS TO OTHER RELIGIOUS, EDUCATIONAL AND CHARITABLE ORGANIZATIONS AS DETERMINED BY THE BOARD OF DIRECTORS. 0 0 707256 INVESTMENT MANAGEMENT OF UNIVERSITY ENDOWMENT FUNDS AND ADMINISTRATION OF CHARITABLE TRUSTS WHERE SEATTLE PACIFIC UNIVERSITY AND OTHER 501(C)(3) CHARITIES ARE THE CHARITABLE REMAINDERMEN. CHARITABLE CONTRIBUTIONS REPORTED ON FORM 1065 SCHEDULE K-1 FOR NORTHPOINT, LLC. 707256 1 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 5 1 1 1 0 0 0 0 0 0 0 0 0 X 6 5 0 0 0 0 0 0 1 1 1 0 0 1 1 1 1 0 1 1 1 0 WA X BRIAN FICKEN 2062812106 3307 THIRD AVENUE WEST SEATTLE WA 981191997 MARK L CEDERBORG CHAIR 3.00 X X 0 0 0 MARK MASON DIRECTOR 3.00 X 0 0 0 DONALD W MORTENSON VICE CHAIR 1.00 40.00 X X 0 230929 13902 GORDON A NYGARD SECRETARY 3.00 X X 0 0 0 BRIAN D PEARSON DIRECTOR 3.00 X 0 0 0 NANCY A ZEVENBERGEN DIRECTOR 3.00 X 0 0 0 BRIAN FICKEN TREASURER 40.00 X 140474 0 28541 KIMBERLY SAWERS VICE PRESIDENT, SPU 5.00 50.00 X 0 233343 31880 140474 464272 74323 1 0 1 0 0 20329 20329 INVESTMENT MANAGEMENT 525920 883559 883559 TRUST MANAGEMENT FEES 525920 15176 15176 898735 919064 898735 0 20329 224363 157054 67309 241920 169344 72576 82763 57934 24829 6084 6084 30875 30875 35800 35800 523 523 TAX ON UNRELATED BUSINE 214172 214172 COMPUTING SERVICES 17825 17825 SUPPLIES 4137 4137 INSURANCE 3139 3139 10732 10369 363 872333 707256 165077 0 14050917 14528531 141727 176464 153450 106950 13175000 11975000 13175000 77070412 75717364 89588915 91692847 192980421 195397156 9237 1000 186222351 187747557 186231588 187748557 X 1100120 1370279 5648713 6278320 6748833 7648599 192980421 195397156 X 46731 853035 X 0 1 X 1 0 X X 1 SEATTLE PACIFIC UNIVERSITY 910565553 2 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 13175000 13175000 13175000 LIMITED PARTNERSHIP INTERESTS 91692847 F 91692847 INVESTMENTS MANAGED ON BEHALF OF THE UNIVERSITY 181459178 INVESTMENTS MANAGED ON BEHALF OF ENTITIES SUPPORTING THE UNIVERSITY 3637404 TRUST FUNDS HELD FOR OTHER CHARITIES 1243187 TRUST OBLIGATIONS 1407788 187747557 919064 0 919064 0 919064 649497 0 649497 222836 222836 872333 PART XI, LINE 4B - OTHER ADJUSTMENTS: CHARITABLE CONTRIBUTIONS REPORTED ON SCHEDULE K-1 PART XII, LINE 4B - OTHER ADJUSTMENTS: CHARITABLE CONTRIBUTIONS REPORTED ON SCHEDULE K-1 TAX ON UNRELATED BUSINESS INCOME 219,922. TAX INTEREST AND PENALTIES 2,914. 1 PART I, LINE 2: GRANT DISBURSEMENTS FOR THE FOUNDATION'S EXEMPT PROGRAM ARE MADE IN ACCORDANCE WITH THE EXEMPT PURPOSE FOR WHICH THE FOUNDATION WAS ORGANIZED, AND WITH PROCEDURES AND CONDITIONS APPROVED BY THE FOUNDATION'S BOARD OF DIRECTORS. X X X 0 0 0 0 0 0 0 0 0 KIMBERLY SAWERS VICE PRESIDENT, SPU 0 222543 0 0 0 10800 0 22071 0 9809 0 265223 0 0 DONALD W MORTENSON VICE CHAIR 0 183429 0 0 0 47500 0 12375 0 1527 0 244831 0 0 BRIAN FICKEN TREASURER 119974 0 0 0 20500 0 14148 0 14393 0 169015 0 0 0 FORM 990, PART VI, SECTION A, LINE 7B THE SEATTLE PACIFIC UNIVERSITY BOARD OF TRUSTEES APPROVED THE RE-APPOINTMENT OF FOUNDATION BOARD MEMBERS WHOSE TERMS EXPIRED DURING THE YEAR. FORM 990, PART VI, SECTION B, LINE 11B THE FOUNDATION POSTS THE FORM 990 ON A SECURE WEBSITE FOR THE DIRECTORS TO ACCESS AND THEY ARE NOTIFIED OF THIS AND INVITED TO REVIEW THE 990 PRIOR TO FILING. THE DIRECTORS RECEIVE A LINK TO THE WEBSITE THAT ALLOWS THEM TO ACCESS THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C ONCE A YEAR, CONFLICT OF INTEREST QUESTIONAIRES ARE SENT TO THE OFFICERS, DIRECTORS AND KEY EMPLOYEES ALONG WITH REQUESTS OF OTHER INFORMATION THAT IS NEEDED FOR COMPLETION OF THE FORM 990 RETURN. THOSE SURVEYS ARE THEN REVIEWED FOR CONFLICTS AND A DETERMINATION IS MADE AS TO WHAT, IF ANY, ACTION IS NEEDED. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE TREASURER REPORTED ON PART VII, SECTION A, LINE 1A, COLUMN D, IS INDEPENDENTLY DETERMINED BY THE ORGANIZATION'S VICE CHAIR AND THE CEO OF THE UNIVERSITY THAT DIRECTLY CONTROLS THE ORGANIZATION. THE COMPENSATION IS DETERMINED BY BENCHMARKING TO INDUSTRY SURVEYS. COMPENSATION REPORTED ON PART VII, SECTION A, LINE 1A, COLUMN E IS PAID TO THE VICE CHAIR WHO IS EMPLOYED BY THE CONTROLLING UNIVERSITY (RELATED ENTITY), SET INDEPENDENTLY BY THE UNIVERSITY'S GOVERNING BOARD AND BASED ON BENCHMARKING TO SURVEYS OF COMPARABLE ENTITIES. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGES IN THE VALUE OF SPLIT-INTEREST AGREEMENTS 629,607. NET ASSETS RELEASED FROM RESTRICTIONS 592. PRIOR PERIOD TAX ON UNRELATED BUSINESS INCOME 222,836. FORM 990, PART 1, LINE 5: THE RELATED ENTITY WHICH DIRECTLY CONTROLS THE ORGANIZATION ALSO PROVIDES PAYROLL SERVICES AND BENEFITS FOR ALL EMPLOYEES OF THE ORGANIZATION AND ISSUES W-2S UNDER THE RELATED ENTITY'S NAME AND FEDERAL ID NUMBER (91-0565553). ALL COMPENSATION COSTS ARE CHARGED TO AND TREATED AS EXPENSES OF THE ORGANIZATION. SEATTLE PACIFIC UNIVERSITY 3307 3RD AVE W SEATTLE WA 98119 910565553 EDUCATION WA 501(C)(3) LINE 2 SEATTLE PACIFIC UNIVERSITY 0 ONE CHARITABLE REMAINDER TRUST INVESTING WA SEATTLE PACIFIC FOUNDATION T 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 1 0 0 0