2025-04-11T15:43:05-05:00 2024-06-30 390859910 BAKER TILLY ADVISORY GROUP LP 225 S 6TH ST 2300 MINNEAPOLIS MN 55402 990 2023-07-01 237232067 WHITWORTH FOUNDATION WHIT 5097773208 300 W HAWTHORNE RD SPOKANE WA 99251 KENNETH M BROWN VICE PRESIDENT AND COO 5097774225 2025-04-01 1 1 KAREN A GRIES P00078514 6128764500 2025-04-01 2023 2025-03-06 01:10:19Z SCOTT MCQUILKIN 300 W HAWTHORNE RD SPOKANE WA 99251 6377 0 X WWW.WHITWORTH.EDU X 1972 WA TO SERVE AS THE CATALYST OR CONDUIT THROUGH WHICH DEFERRED OR PLANNED GIFTS FLOW TO PROVIDE PERMANENT FINANCIAL SUPPORT OF WHITWORTH UNIVERSITY. 16 12 0 12 0 0 23352 6377 0 0 0 0 0 0 23352 6377 279611 179424 0 0 0 0 0 0 0 0 0 279611 179424 -256259 -173047 15418052 15844004 6499960 6243963 8918092 9600041 TO SERVE AS THE CATALYST OR CONDUIT THROUGH WHICH DEFERRED OR PLANNED GIFTS FLOW TO PROVIDE PERMANENT FINANCIAL SUPPORT OF WHITWORTH UNIVERSITY. 0 0 179424 179424 DURING FISCAL YEAR 2024, THE WHITWORTH FOUNDATION TRANSFERRED $179,424 TO WHITWORTH UNIVERSTIY TO SUPPORT THE MISSION OF THE INSTITUTION. 179424 1 0 0 0 0 0 0 0 0 0 0 1 0 1 1 1 0 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 0 0 0 0 0 0 0 0 0 0 0 0 0 X 16 12 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 AK CA CO ME MA MN NH SC UT WA X TAYLOR HOFFARD ASSOC VP FINANCE AND ADMIN 5097773208 300 W HAWTHORNE RD SPOKANE WA 99251 SCOTT MCQUILKIN DIRECTOR UNIVERSITY PRESIDENT 10.00 40.00 X X 0 397670 43858 TAYLOR HOFFARD DIRECTOR AVP FOR FIN & ADMIN 5.00 40.00 X X 0 0 0 DALE HAMMOND DIRECTOR FOUNDATION AND EXTERNAL RELATIONS 5.00 40.00 X 0 0 0 DAWN KEIG DIRECTOR UNIVERSITY FACULTY PRESIDE 1.00 40.00 X 0 0 0 WILLIAM CURRY FOUNDATION PRESIDENT 1.00 X X 0 0 0 WILLIAM SPERLING JR SECRETARY/TREASURER 1.00 X X 0 0 0 BEN NIELSEN DIRECTOR 1.00 X 0 0 0 CHERYL BROOKS DIRECTOR 1.00 X 0 0 0 DANIEL HULSIZER DIRECTOR 1.00 X 0 0 0 DIONE JANTZ DIRECTOR 1.00 X 0 0 0 FRANK KNOTT DIRECTOR 1.00 X 0 0 0 JERRY SHEFFELS DIRECTOR 1.00 X 0 0 0 KENNETH ROBERTS DIRECTOR 1.00 X 0 0 0 MARK LUPTON DIRECTOR 1.00 X 0 0 0 PETER ENKEMA DIRECTOR 1.00 X 0 0 0 RICHARD LEWIS DIRECTOR 1.00 X 0 0 0 0 397670 43858 0 0 1 0 0 6377 3492 6377 6377 0 0 0 179424 179424 179424 179424 0 0 56337 58190 234703 284873 1393689 1475203 10051126 10257684 3682197 3768054 15418052 15844004 6499960 6243963 6499960 6243963 X 2960139 3019199 5957953 6580842 8918092 9600041 15418052 15844004 X -173047 854996 X X 0 1 X 1 0 X X 1 WHITWORTH UNIVERSITY 910473310 2 1 179424 0 1 179424 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 PART IV, SECTION C, LINE 1: WHITWORTH UNIVERSITY'S PRESIDENT HAS CHARGED THE VICE PRESIDENT FOR INSTITUTIONAL ADVANCEMENT TO OVERSEE ALL INSTITUTIONAL GIFTS RECEIVED. THE VICE PRESIDENT HAS IN TURN DESIGNATED HER DIRECTOR OF EXTERNAL RELATIONS & THE WHITWORTH FOUNDATION TO CLOSELY MONITOR ALL THE CONTRIBUTIONS SPECIFICALLY RECEIVED FOR THE WHITWORTH FOUNDATION. 0 CHARITABLE REMAINDER UNITRUSTS 2738562 F INTERNATIONAL BOND FUNDS 5179019 F DOMESTIC BOND FUNDS 2340103 F 10257684 CASH SURRENDER VALUE OF LIFE INSURANCE POLICIES 3768054 3768054 INSURANCE PREMIUM RESERVE 60000 ANNUITIES PAYABLE 6183963 6243963 X PART X, LINE 2: THE FOUNDATION FOLLOWS THE ACCOUNTING STANDARDS FOR CONTINGENCIES IN EVALUATING UNCERTAIN TAX POSITIONS. THIS GUIDANCE PRESCRIBES RECOGNITION THRESHOLD PRINCIPLES FOR THE FINANCIAL STATEMENT RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. NO LIABILITY HAS BEEN RECOGNIZED BY THE FOUNDATION FOR UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2024 AND 2023. THE FOUNDATION'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AUTHORITIES. 0 WHITWORTH UNIVERSITY 300 W HAWTHORNE ROAD SPOKANE WA 99251 910473310 501(C)(3) 179424 0 TO AID WHITWORTH UNIVERSITY'S PROGRAMS 1 0 PART I, LINE 2: THE ORGANIZATION PRIMARILY MAKES GRANTS TO A RELATED ORGANIZATION, WHITWORTH UNIVERSITY, AND RECORDS ARE MAINTAINED AS TO HOW FUNDS ARE DISBURSED BY BOTH ORGANIZATIONS. 0 1 0 0 0 0 0 0 0 SCOTT MCQUILKIN DIRECTOR UNIVERSITY PRESIDENT 0 386929 0 0 0 10741 0 34143 0 9715 0 441528 0 0 PART I, LINE 3 THE ORGANIZATION'S OFFICERS ARE COMPENSATED FROM ITS RELATED ORGANIZATION, WHITWORTH UNIVERSITY. THE FOLLOWING WERE USED BY WHITWORTH UNIVERSITY TO DETERMINE THE COMPENSATION OF THE PRESIDENT: 1. COMPENSATION COMMITTEE 2. INDEPENDENT COMPENSATION CONSULTANT 3. FORM 990 OF OTHER ORGANIZATIONS 4. COMPENSATION SURVEY OR STUDY 5. APPROVAL BY THE BOARD AND COMPENSATION COMMITTEE PART I, LINE 4B SCOTT MCQUILKIN PARTICIPATES IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN UNDER SECTION 457(F). A $9,667 NON-VESTED CONTRIBUTION WAS MADE DURING FY2024, WHICH IS A PART OF COLUMN C IN PART II. FORM 990, PART I: WHITWORTH FOUNDATION MAKES GRANTS OF MATURED GIFTS TO WHITWORTH UNIVERSITY, IN ACCORDANCE WITH ITS MISSION OF FUNDRAISING ON BEHALF OF THE UNIVERSITY. THE TIMING OF THESE GRANTS CAN CAUSE SWINGS IN THE INCOME REPORTED ON FORM 990. FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERS OF THE FOUNDATION SHALL CONSIST OF THOSE INDIVIDUALS WHO ARE SERVING, FROM TIME TO TIME, AS MEMBERS OF THE BOARD OF TRUSTEES OF WHITWORTH UNIVERSITY. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF THE FOUNDATION HAVE THE RIGHT TO ELECT, APPOINT, REMOVE, OR REPLACE ANY AND ALL MEMBERS OF THE GOVERNING BODY OF THE FOUNDATION. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBERS OF THE FOUNDATION HAVE THE RIGHT TO DO THE FOLLOWING: A. TO AMEND, ALTER, MODIFY, REPEAL, OR RESTATE THE ARTICLES OF INCORPORATION OR BYLAWS OF THE FOUNDATION. B. TO MERGE, CONSOLIDATE, OR AFFILIATE THE FOUNDATION WITH ANOTHER CORPORATION, ORGANIZATION, OR PROGRAM; C. TO DISSOLVE OR TERMINATE THE EXISTENCE OF THE FOUNDATION AND TO DETERMINE THE DISTRIBUTION OF ASSETS UPON SUCH TERMINATION OR DISSOLUTION. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY AN INDEPENDENT CPA FIRM, THEN REVIEWED BY SENIOR MANAGEMENT. THE FULL BOARD OF THE FOUNDATION IS THEN PROVIDED AN OPPORTUNITY TO REVIEW THE FORM 990 AT LEAST ONE WEEK PRIOR TO ITS SUBMITTAL TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C WHITWORTH FOUNDATION BOARD OF DIRECTORS ANNUALLY COMPLETES A CONFLICT OF INTEREST DISCLOSURE STATEMENT. THIS QUESTIONNAIRE INCLUDES NAME AND TITLE OF EACH DIRECTOR, AND INCLUDES A LIST OF QUESTIONS PERTAINING TO CONFLICT OF INTEREST SCENARIOS. THESE STATEMENTS IDENTIFY ALL ACTUAL OR POTENTIAL CONFLICTS OF INTEREST THAT MIGHT BE EXPECTED TO OCCUR IN THE COMING YEAR. ALL STATEMENTS DISCLOSING POTENTIAL CONFLICTS ARE CIRCULATED TO THE EXECUTIVE COMMITTEE OF THE FOUNDATION BOARD FOR REVIEW AND RESOLUTION OF NOTED EXCEPTIONS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE PRESIDENT OF WHITWORTH UNIVERSITY (A RELATED ORGANIZATION) WAS REVIEWED BY THE EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES IN JANUARY 2022, DURING DR. MCQUILKIN'S APPOINTMENT PROCESS. THIS EXECUTIVE COMPENSATION COMMITTEE IS A SUB COMMITTEE OF THE BOARD OF TRUSTEES. IN ADDITION TO SALARY AND BENEFIT PROGRAMS, THE COMMITTEE CONSIDERS ANY EMPLOYEE AND SPOUSAL TRAVEL, HOUSING ALLOWANCE AND PERSONAL USE OF RESIDENCE, PAYMENTS FOR BUSINESS USE OF PERSONAL RESIDENCE, HEALTH OR SOCIAL CLUB FEES AND PERSONAL SERVICES. THE PROCESS INVOLVED AN INDEPENDENT ANALYSIS BY AN OUTSIDE CONSULTANT WHO COMPARED COMPENSATION FOR THE PRESIDENT AGAINST PEER INSTITUTIONS. COMPENSATION FOR OFFICERS AND KEY EMPLOYEES OF WHITWORTH UNIVERSITY IS REVIEWED BY HUMAN RESOURCES USING INDEPENDENT ANALYSIS BY AN OUTSIDE CONSULTANT WHO COMPARED COMPENSATION FOR THESE INDIVIDUALS AGAINST PEER INSTITUTIONS. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNANCE DOCUMENTS, CONFLICT OF INTEREST STATEMENTS, AUDITED FINANCIAL STATEMENTS, AND FORM 990 ARE ONLY AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN THE VALUE OF SPLIT INTEREST AGREEMENTS 854,996. PART XII, LINE 2C: NEITHER THE OVERSIGHT PROCESS OF THE AUDIT OR THE SELECTION PROCESS OF THE INDEPENDENT ACCOUNTANT CHANGED DURING THE TAXABLE YEAR. WHITWORTH UNIVERSITY 300 W HAWTHORNE RD SPOKANE WA 99251 910473310 HIGHER EDUCATION WA 501(C)(3) LINE 2 N/A 0 CHARITABLE REMAINDER UNITRUSTS (20) CHARITABLE TRUST WA N/A T 0 CHARITY REMAINDER ANNUITY TRUSTS (1) CHARITABLE TRUST WA N/A T 0 LIFE ANNUITY TRUSTS (35) CHARITABLE TRUST WA N/A T 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 1 0 1 1 1