2025-05-14T18:17:42-05:00 2024-06-30 813917978 CAPSTONE CPAS 1325 FOURTH AVE SUITE 1430 SEATTLE WA 98101 990 2023-07-01 911068276 SEATTLE PACIFIC FOUNDATION SEAT 2062812810 3307 THIRD AVENUE WEST SEATTLE WA 98119 BRIAN FICKEN TREASURER 2062812390 2025-05-14 1 0 TM FRIEDRICHSEN P00339213 2067343780 2025-05-06 2023 2025-03-06 01:10:19Z BRIAN FICKEN 3307 THIRD AVENUE WEST SEATTLE WA 98119 980258 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. 8 6 6 0 0 93718 0 0 0 0 20329 43744 898735 936514 919064 980258 0 370278 0 0 549046 640376 0 0 0 323287 309470 872333 1320124 46731 -339866 195397156 192654670 187748557 184430693 7648599 8223977 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 1128012 370278 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. 1128012 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 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 6 1 1 1 0 0 0 0 0 0 0 0 0 X 8 6 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 DONALD W MORTENSON DIRECTOR 1.00 40.00 X 0 150628 188 GORDON A NYGARD SECRETARY 3.00 X X 0 0 0 BRIAN D PEARSON DIRECTOR 3.00 X 0 0 0 LARRY ROBERTS DIRECTOR 3.00 X 0 0 0 KIMBERLY SAWERS VICE CHAIR 5.00 50.00 X X 0 278057 32588 TONY SCHERRER DIRECTOR 3.00 X 0 0 0 NANCY A ZEVENBERGEN DIRECTOR 3.00 X 0 0 0 BRIAN FICKEN TREASURER 40.00 X 169817 0 29428 169817 428685 62204 1 0 1 0 0 43744 43744 INVESTMENT MANAGEMENT 525920 919921 919921 TRUST MANAGEMENT FEES 525920 16593 16593 936514 980258 936514 0 43744 370278 370278 247395 173177 74218 297084 207959 89125 95897 67128 28769 30055 30055 46052 46052 45994 45994 2171 2171 TAX ON UNRELATED BUSINE 144911 144911 COMPUTING SERVICES 15754 15754 OTHER CONTRACT PROFESSI 9696 9696 SUPPLIES 6812 6812 8025 8025 1320124 1128012 192112 0 14528531 23852629 176464 141700 106950 106950 14375000 13175000 14375000 75717364 62274388 91692847 91904003 195397156 192654670 1000 9730 187747557 184420963 187748557 184430693 X 1370279 1175324 6278320 7048653 7648599 8223977 195397156 192654670 X -339866 915244 X 0 1 X 1 0 X X 1 SEATTLE PACIFIC UNIVERSITY 910565553 2 1 370278 0 1 370278 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 14375000 14375000 14375000 LIMITED PARTNERSHIP INTERESTS 91904003 F 91904003 INVESTMENTS MANAGED ON BEHALF OF THE UNIVERSITY 177721754 INVESTMENTS MANAGED ON BEHALF OF ENTITIES SUPPORTING THE UNIVERSITY 4088146 TRUST OBLIGATIONS 1339695 TRUST FUNDS HELD FOR OTHER CHARITIES 1271368 184420963 980258 0 980258 0 980258 1175213 0 1175213 144911 144911 1320124 PART XII, LINE 4B - OTHER ADJUSTMENTS: TAX ON UNRELATED BUSINESS INCOME 144,911. 1 SEATTLE PACIFIC UNIVERSITY 3307 THIRD AVE W SEATTLE WA 98119 910565553 370278 0 ENDOWMENT FUND 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 CHAIR 0 275827 0 0 0 2230 0 23570 0 9018 0 310645 0 0 BRIAN FICKEN TREASURER 169817 0 0 0 0 0 15888 0 13540 0 199245 0 0 0 DONALD W MORTENSON DIRECTOR 0 144372 0 0 0 6256 0 0 0 188 0 150816 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 SET INDEPENDENTLY BY THE GOVERNING BOARD OF THE UNIVERSITY THAT DIRECTLY CONTROLS THE ORGANIZATION. THE COMPENSATION IS BASED ON BENCHMARKING TO SURVEYS OF COMPARABLE ENTITIES. 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 770,333. TAX ON UNRELATED BUSINESS INCOME 144,911. 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