2025-04-29T18:10:22-05:00 2024-06-30 911194016 CLARK NUBER PS 10900 NE 4TH STREET SUITE 1400 BELLEVUE WA 98004 990 2023-07-01 916073519 FOUNDATION FOR WESTERN WASHINGTON UNIVERSITY AND ALUMNI FOUN 3606504283 OLD MAIN 430 516 HIGH STREET BELLINGHAM WA 98225 MARK BROVAK VICE PRESIDENT AND CFO 3606504283 2025-04-29 1 0 CELIA DAVIS P01624691 4254544919 2025-04-29 2023 2025-03-06 01:10:19Z KIM O'NEILL OLD MAIN 430 516 HIGH STREET BELLINGHAM WA 98225 22679297 0 X WWW.FOUNDATION.WWU.EDU X 1966 WA THE FOUNDATION FOR WESTERN WASHINGTON UNIVERSITY AND ALUMNI IS A NON-PROFIT, PUBLIC 501(C)(3) CORPORATION THAT EXISTS TO ENCOURAGE, SECURE AND STEWARD PRIVATE FINANCIAL RESOURCES THAT SUPPORT THE ACADEMIC MISSION OF WESTERN WASHINGTON UNIVERSITY. 29 29 0 29 0 0 22781724 12397165 1644183 2155817 243199 660479 50823 59470 24719929 15272931 5478795 6705508 0 0 1802070 1714896 59256 398772 927501 5291956 5935726 12632077 14754902 12087852 518029 166132970 182826889 16267812 17042670 149865158 165784219 X THE FOUNDATION FOR WESTERN WASHINGTON UNIVERSITY AND ALUMNI IS A NON-PROFIT, PUBLIC 501(C)(3) ORGANIZATION THAT ADVANCES THE MISSION OF THE UNIVERSITY: "BY INSPIRING OUR COMMUNITY TO GIVE, WE SECURE AND STEWARD PRIVATE RESOURCES TO ADVANCE SCHOLARSHIP, RESEARCH AND CREATIVITY."THE FOUNDATION WAS ESTABLISHED IN 1966 AS A VEHICLE TO RECEIVE AND ENCOURAGE PRIVATE GIVING TO WWU. THE FOUNDATION IS LED BY A GROUP OF DEDICATED BOARD MEMBERS WHO GROW AWARENESS OF THE IMPORTANCE OF PRIVATE SUPPORT TO PUBLIC INSTITUTIONS. THESE ALUMNI, PARENT AND COMMUNITY LEADERS BRING THEIR EXPERIENCES IN BUSINESS, EDUCATION, SCIENCE, AND NON-PROFITS AND SHARE THE COMMON MISSION OF ENGAGING NEW FRIENDS FOR WESTERN WHILE ALSO STEWARDING THE MORE THAN $175 MILLION IN ASSETS UNDER THE FOUNDATION'S MANAGEMENT. GIFTS FUND STUDENT SCHOLARSHIPS, AS WELL AS PROGRAM AND FACULTY MEMBER SUPPORT. 0 0 6304838 6303195 HIGHER EDUCATION: 2,124 SCHOLARSHIPS AWARDED TO INDIVIDUAL STUDENTS. 5031461 2155817 HIGHER EDUCATION: PROVIDE OTHER PROGRAM SERVICES TO WESTERN WASHINGTON UNIVERSITY TO INCLUDE EQUIPMENT PURCHASES, FACULTY AND STUDENT TRAVEL, CONFERENCES, HONORARIA, SUPPLIES, AND OTHER. 402313 402313 HIGHER EDUCATION: GRANT GIFTS OF IN-KIND PROPERTY RECEIVED FOR WESTERN WASHINGTON UNIVERSITY TO INCLUDE COMPUTER HARDWARE AND SOFTWARE, TECHNICAL EQUIPMENT, ART COLLECTIONS AND GALLERY, LIBRARY ADDITIONS AND OTHER. 11738612 1 1 0 0 0 0 0 0 1 1 1 1 0 0 1 0 1 0 0 0 1 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 1 68 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 29 29 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 WA X MARK BROVAK 3606504283 516 HIGH STREET MS 9034 BELLINGHAM WA 98225 ANDREA STURM BOARD CHAIR 4.00 0.00 X X 0 0 0 SCOT STUDEBAKER VICE CHAIR & GOVERNANCE CHAIR 4.00 0.00 X X 0 0 0 SYDNEY HUNSDALE PAST CHAIR & FINANCE CHAIR 4.00 0.00 X X 0 0 0 TONY GEORGE SECRETARY 4.00 0.00 X X 0 0 0 COLETTE TAYLOR TREASURER 4.00 0.00 X X 0 0 0 RICK ANDERSON BOARD MEMBER 2.00 0.00 X 0 0 0 DEB ATWOOD BOARD MEMBER 2.00 0.00 X 0 0 0 MICHAEL BAYLESS BOARD MEMBER 2.00 0.00 X 0 0 0 CAROL FRANCISCO EC AT LARGE 4.00 0.00 X 0 0 0 GREG GRANT SI CHAIR 2.00 0.00 X 0 0 0 CHRISTY JOHNSON BOARD MEMBER 2.00 0.00 X 0 0 0 JENNIFER KUTCHER PHILANTHROPY CHAIR 2.00 0.00 X 0 0 0 WARREN MICHELSEN BOARD MEMBER 2.00 0.00 X 0 0 0 PAULA RADLOFF BOARD MEMBER 2.00 0.00 X 0 0 0 MARK REIS BOARD MEMBER 2.00 0.00 X 0 0 0 TASHA REPP BOARD MEMBER 2.00 0.00 X 0 0 0 VINI SAMUEL BOARD MEMBER 2.00 0.00 X 0 0 0 INGRID SARAPUU BOARD MEMBER 2.00 0.00 X 0 0 0 BRINTON SCOTT BOARD MEMBER 2.00 0.00 X 0 0 0 BART SHILVOCK EC AT LARGE 2.00 0.00 X 0 0 0 BRETT JORDAN BOARD MEMBER 2.00 0.00 X 0 0 0 JODY MULL BOARD MEMBER 2.00 0.00 X 0 0 0 NABEEL CHOWDHURY BOARD MEMBER 2.00 0.00 X 0 0 0 EDWARD COE BOARD MEMBER 2.00 0.00 X 0 0 0 BRANDY CORUJO BOARD MEMBER 2.00 0.00 X 0 0 0 HAMRAJ GHUMMAN EC AT LARGE 2.00 0.00 X 0 0 0 COREY SPEARS BOARD MEMBER 2.00 0.00 X 0 0 0 JANIS VELASQUEZ-FARMER ADEI CHAIR 2.00 0.00 X 0 0 0 MASON LUVERA ENGAGEMENT CHAIR 2.00 0.00 X 0 0 0 KIM O'NEILL PRESIDENT & CEO 20.00 0.00 X 302080 0 40431 MARK BROVAK VICE PRESIDENT & CFO 20.00 0.00 X 167544 0 46380 MANDY HANOUSEK ASST VP ADVANCEMENT SERIES 40.00 0.00 X 153863 0 13606 MARK BAGLEY ASST VP GIFTS, DONOR RELATIONS 40.00 0.00 X 147687 0 16258 MATT HAMMATT SR DIRECTOR PLANNED GIVING 40.00 0.00 X 108511 0 38780 VICTORIA MARTINSEN SR DIRECTOR ALUMNI CONSTITUENTS 40.00 0.00 X 101232 0 20961 980917 0 176416 6 0 1 1 RUSSELL INVESTMENTS 1301 SECOND AVE 18TH FLOOR SEATTLE WA 98101 INVESTMENT MANAGEMENT FEES 523399 1 12397165 793913 12397165 ENDOWMENT MGMT FEES 561000 1991854 1991854 UNIV. SUPPORTED EVENTS 561000 134080 134080 ALUMNI EVENTS 561000 29883 29883 2155817 426800 426800 800 800 74175 50188 23987 23987 23987 7183911 400000 7190232 160000 -6321 240000 233679 233679 15178 5946 9232 9232 REIMBURSEMENTS 900099 25060 25060 391 391 25451 15272931 2155817 0 719949 402313 402313 6303195 6303195 1714896 1396921 317975 51534 42533 9001 73435 73435 398772 398772 816618 816618 142847 32546 103787 6514 419186 288006 78419 52761 122517 80154 17527 24836 55601 50947 4654 1310046 1098564 109955 101527 192811 134683 51701 6427 14246 14246 8917 6684 2233 ADMINISTRATIVE EXPENSES 2282201 1609154 673047 EQUIPMENT 251818 244152 7666 RENTAL 101606 55898 44177 1531 EVENT EXPENSES 92343 35395 53445 3503 14754902 11738612 2088789 927501 5103747 6067835 31945 28554 11076686 6595349 13300 20351 7032247 151036 5488357 6881211 138626338 151250878 5020420 11567424 772177 415287 166132970 182826889 182446 292679 1500000 972000 150800 135720 14146474 15090614 288092 551657 16267812 17042670 X 32438221 38183565 117426937 127600654 149865158 165784219 166132970 182826889 518029 15401032 0 X 0 1 X 1 0 X 17029999 7653829 11046507 22781724 12397165 70909224 3765198 3448275 3605204 3525829 4440658 18785164 20795197 11102104 14651711 26307553 16837823 89694388 13194048 76500340 440176 145999 176436 312985 501775 1577371 9232 9232 1257 1356 15326 25451 43390 91324381 8686929 0.83770 0.84420 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER REVENUE - 2019 AMOUNT: $ 1,257. 2020 AMOUNT: $ 1,356. 2023 AMOUNT: $ 391. REBATES - 2022 AMOUNT: $ 15,326. REIMBURSEMENTS - 2023 AMOUNT: $ 25,060. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 100980470 5168214 10263964 5518106 110894542 81949557 14325724 8448762 3743573 100980470 96266702 1979473 -11481657 4814961 81949557 76684444 2983930 22990232 6391904 96266702 77349220 2261744 876144 3802664 76684444 0.18136 0.81864 0.00000 0 0 6465557 163758 6629315 397442 149040 248402 5490 1996 3494 6881211 PRIVATE EQUITIES 10960897 F ANNUITY AND LIFE INCOME INVESTMENTS 606527 F 11567424 ANNUITY AND LIFE INCOME OBLIGATIONS 275390 DUE TO WESTERN WASHINGTON UNIVERSITY 276267 551657 34344360 15401032 4456681 -25800 19831913 14512447 816618 -56134 760484 15272931 18425299 4456681 56134 4512815 13912484 816618 25800 842418 14754902 PART IV, LINE 2B: THE FOUNDATION SERVES AS AN AGENT OF THE WESTERN WASHINGTON UNIVERSITY TO INVEST AND MANAGE THE FUND'S ASSETS. THESE ASSETS HAVE BEEN MERGED WITH THE ENDOWMENT INVESTMENTS OF THE FOUNDATION TO FORM A SINGLE INVESTMENT POOL FOR ENDOWMENTS. THE UNIVERSITY'S FUNDS ARE MAINTAINED SEPARATELY ON THE FINANCIAL SYSTEM OF THE FOUNDATION AND THEY RECEIVE A PROPORTIONAL SHARE OF THE INVESTMENT POOL'S ACTIVITY. PART V, LINE 4: ENDOWMENT FUNDS ARE USED TO SUPPORT: WESTERN WASHINGTON UNIVERSITY SCHOLARSHIPS AWARDED TO INDIVIDUAL STUDENTS, PROGRAM SERVICES FOR EQUIPMENT PURCHASES, FACULTY AND STUDENT TRAVEL TO CONFERENCES OR RESEARCH VENUES, HONORARIA FOR LECTURES, PURCHASES OF SUPPLIES, AND OTHER PURCHASES THAT SUPPORT THE UNIVERSITY. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES -25,800. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -50,188. COST OF GOODS SOLD -5,946. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 50,188. COST OF GOODS SOLD 5,946. PART XII, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 25,800. PART V, LINE 2: THE ORGANIZATION FOLLOWS FASB ASC 958 FOR THE REPORTING OF ITS ENDOWMENT FUNDS. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS 653150 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES TRANSLATION SERVICES 3678 EUROPE 0 0 PROGRAM SERVICES CONTRACTS 5800 NORTH AMERICA 0 0 PROGRAM SERVICES CONTRACTS 4750 0 0 0 0 0 0 667378 0 667378 1 0 1 1 0 0 PART I, LINE 3: THE FAIR MARKET VALUE OF THE INVESTMENTS WAS USED AS THE VALUE. CERTAIN FOREIGN FILINGS THE FOUNDATION INVESTED IN FOREIGN INVESTMENTS DURING THE YEAR. HOWEVER, THE INVESTMENTS DID NOT MEET THE REQUIREMENTS FOR FILING FORMS 5471 OR 8621. X X X X X 1 BENTZ WHALEY FLESSNER & ASSOC 7900 XERXES AVE S SUITE 980 MINNEAPOLIS MN 55431 CAMPAIGN FUNDRAISING 0 0 177217 -177217 EAB GLOBAL INC 1525 WEST WT HARRIS BLVD CHARLOTTE NC 28262 FUNDRAISING 0 0 187062 -187062 RUFFALO NOEL LEVITZ LLC PO BOX 718 DES MOINES IA 50303 FUNDRAISING 0 0 22700 -22700 LABYRINTH INC PO BOX 131327 CARLSBAD CA 92013 FUNDRAISING 0 0 6093 -6093 MARTS&LUNDY 160 CHUBB AVE SUITE 303 LYNDHURST NJ 07071 FUNDRAISING 0 0 5700 -5700 398772 -398772 WA AZ DE ID IN IA MO MT NE SD UT VT WY 1 WESTERN WASHINGTON UNIVERSITY 516 HIGH STREET BELLINGHAM WA 98225 916000562 170(C)(1) 0 402313 FMV VARIOUS ITEMS AS DETAILED ON SCHEDULE M ALL GRANTS ARE MADE TO SUPPORT THE MISSION OF WESTERN WASHINGTON UNIVERSITY. GRANTS ARE MADE TO SUPPORT ACADEMIC PROGRAMS AT THE UNIVERSITY. 1 0 SCHOLARSHIPS 2124 6303195 BOOK SCHOLARSHIPS FOR STUDENTS OF WESTERN WASHINGTON UNIVERSITY. PART I, LINE 2: ALL GRANTS ARE MADE TO WESTERN WASHINGTON UNIVERSITY IN ACCORDANCE WITH THE FOUNDATION'S MISSION. THE FOUNDATION WORKS CLOSELY WITH THE UNIVERSITY TO ENSURE FUNDS ARE EXPENDED FOR THE PURPOSE INTENDED, USUALLY SPECIFIED BY THE DONOR. 0 0 0 0 0 0 0 0 0 KIM O'NEILL PRESIDENT & CEO 302080 0 0 0 0 0 22397 0 18034 0 342511 0 0 0 MARK BROVAK VICE PRESIDENT & CFO 167544 0 0 0 0 0 19521 0 26859 0 213924 0 0 0 MANDY HANOUSEK ASST VP ADVANCEMENT SERIES 153863 0 0 0 0 0 12441 0 1165 0 167469 0 0 0 MARK BAGLEY ASST VP GIFTS, DONOR RELATIONS 147687 0 0 0 0 0 15675 0 583 0 163945 0 0 0 SCHEDULE J, PART II, COMPENSATION: COMPENSATION IS DETERMINED AND PAID BY WESTERN WASHINGTON UNIVERSITY, AN UNRELATED ORGANIZATION. X 17 287000 FAIR MARKET VALUE X 12219 FAIR MARKET VALUE X 30752 FAIR MARKET VALUE X 1 8200 FAIR MARKET VALUE X 17 391600 FAIR MARKET VALUE X 29 268 COST X EQUIPMENT 84 30684 FAIR MARKET VALUE X INSTRUMENTS 6 27800 FAIR MARKET VALUE X AUCTION ITEMS 108 4805 FAIR MARKET VALUE X GIFT CARDS 41 585 COST 0 0 1 0 PART I, COLUMN (B): THE NUMBER REPORTED IN SCHEDULE M, PART I, COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS RECEIVED. FORM 990, PART I, LINE 6: VOLUNTEERS CONSIST OF THOSE WHO SIT ON THE BOARD OF DIRECTORS. FORM 990, PART V, LINE 2A: ALL EMPLOYEES ARE PAID BY WESTERN WASHINGTON UNIVERSITY, AN UNRELATED ORGANIZATION. THE UNIVERSITY REVIEWS AND DETERMINES COMPENSATION FOR ALL EMPLOYEES OF THE FOUNDATION. THEREFORE, THERE ARE NO EMPLOYEES REPORTED BY THE FOUNDATION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED AND REVIEWED BY OUTSIDE TAX COUNSEL. ONCE COMPLETED THE FORM 990 IS REVIEWED BY SENIOR MANAGEMENT AND THE AUDIT AND FINANCE COMMITTEE. A FINAL COPY OF THE FORM 990 IS PROVIDED TO THE BOARD BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS, OFFICERS, AND KEY VOLUNTEERS ANNUALLY COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM. ANY CONFLICTS ARE REVIEWED BY THE PRESIDENT & CEO WHO THEN DETERMINES WHETHER A CONFLICT EXISTS. IF NECESSARY, THE BOARD EXECUTIVE COMMITTEE WILL FOLLOW-UP TO ENSURE THAT ALL MEMBERS COMPLETE THE DISCLOSURE FORM. IF A CONFLICT DOES EXIST, THE BOARD MEMBER WILL RECUSE HIM OR HERSELF FROM VOTING AND DISCUSSION ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15 THE FOUNDATION DOES NOT PAY COMPENSATION. HOWEVER, THERE IS COMPENSATION REPORTED FROM AN UNRELATED ORGANIZATION IN PART VII; WHICH IS DETERMINED AND REVIEWED BY WESTERN WASHINGTON UNIVERSITY. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S GOVERNING DOCUMENTS, KEY POLICY DOCUMENTS, FORM 990, AND AUDITED FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. CHARITABLE UNITRUST(5) INVESTMENTS WA N/A T 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0