2026-04-10T10:18:29-05:00 2025-06-30 952302617 SINGERLEWAK LLP 4312 KITSAP WAY 102 BREMERTON WA 98312 990 2024-07-01 911595274 OLYMPIC COLLEGE FOUNDATION OLYM 3604757120 1600 CHESTER AVE BUILDING 5 CSC 3 BREMERTON WA 98337 AARON SCHIELKE TREASURER 3604757120 2026-04-07 1 0 MICHAEL LIND CPA P01339785 3604794611 2026-04-07 2024 2025-03-06 01:10:19Z RUSS SHIPLET 1600 CHESTER AVE BUILDING 5 CSC 300 BREMERTON WA 98337 7936977 0 X WWW.OLYMPICCOLLEGEFOUNDATION.ORG X 1993 WA THE OLYMPIC COLLEGE FOUNDATION SUPPORTS STUDENT ACCESS, ACHIEVEMENT AND SUCCESS AT OLYMPIC COLLEGE. 15 15 0 130 0 0 2657907 3010040 0 0 1582267 633930 39822 53706 4279996 3697676 1133242 1216416 0 0 0 0 0 0 62617 110161 138666 1243403 1355082 3036593 2342594 24816364 29388624 666566 972829 24149798 28415795 X THE MISSION OF THE OLYMPIC COLLEGE FOUNDATION - WE TRANSFORM LIVES BY PARTNERING WITH THE COMMUNITY TO SUPPORT OLYMPIC COLLEGE AND ITS STUDENTS. 0 0 753028 753028 CUSTODIAN OF FUNDS TO BE USED FOR SCHOLARSHIP TO THE STUDENTS OF OLYMPIC COLLEGE. 463388 463388 SUPPORT FOR THE EVENTS AND PROGRAMS OF OLYMPIC COLLEGE AND ITS SATELLITE CAMPUSES. 39969 MANAGEMENT OF MULTIPLE ENDOWMENTS THAT PROVIDE THE ANNUAL SCHOLARSHIPS AND OTHER PROGRAM FUNDS TO BENEFIT OLYMPIC COLLEGE AND STUDENTS. -163076 UNSPENT FUNDS EARMARKED FOR SCHOLARHIP AND PROGRAMS IN PRIOR YEAR -163076 1093309 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 8 0 1 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 WA X X MICHELLE RICHIE 3603408671 1600 CHESTER AVE BREMERTON WA 98337 JON BERGLIND PRESIDENT 10.00 X X 0 0 0 CHARLES ROBERTSON VP FOR DEVELOPMENT 5.00 X X 0 0 0 AARON SCHIELKE TREASURER 5.00 X X 0 0 0 BRENDON TAGA VP FOR GOVERNANCE 5.00 X 0 0 0 PETER BRAUN BOARD MEMBER 1.00 X 0 0 0 HARRIETTE BYRANT OLYMPIC COLLEGE BOT LIAISO 1.00 X 0 0 0 SANDRA ROCHA EVANOFF BOARD MEMBER 1.00 X 0 0 0 DANIELLE PRIEST BOARD MEMBER 1.00 X 0 0 0 LILLIAN ROBERTSON BOARD MEMBER 1.00 X 0 0 0 MARGARET LYNN MILLER BOARD MEMBER 1.00 X 0 0 0 DAVID HEDDERLY-SMITH BOARD MEMBER 1.00 X 0 0 0 ERIC BERGLIND BOARD MEMBER 1.00 X 0 0 0 ENRICO SIO BOARD MEMBER 1.00 X 0 0 0 WILL CLEMMER BOARD MEMBER 1.00 X 0 0 0 SCOTT LINDLEY BOARD MEMBER 1.00 X 0 0 0 SHARON ANDERSON BOARD MEMBER 1.00 X 0 0 0 TERRY COX BOARD MEMBER 1.00 X 0 0 0 DIANA RIGGINS BOARD MEMBER 1.00 X 0 0 0 RUSS SHIPLET VP GOVERNANCE 5.00 X 0 0 0 MARTY CAVALLUZZI PRESIDENT OF OLYMPIC COLLE 5.00 45.00 X 0 269428 0 JOAN HANTEN INTERIM PRESIDENT OF OLYMPIC COLLEGE 5.00 45.00 X 0 10625 0 0 280053 0 0 0 1 0 0 3010040 3010040 681739 681739 4171651 4219460 -47809 -47809 -47809 72738 19841 52897 52897 MISCELLANEOUS 900099 809 809 809 3697676 0 0 687636 463388 463388 753028 753028 52586 12621 21034 18931 129673 129673 102355 24566 40942 36847 8018 2383 3598 2037 1167 584 583 MEMBERSHIPS AND SUBSCRI 3433 2183 1250 BOARD AND VOLUNTEER SUP 2285 1142 1143 CAMPAIGN EXPENSES 1826 1826 COMMUNITY RELATIONS 399 399 -163076 -163076 1355082 1093309 199156 62617 241684 365095 1582607 1778387 7500 1529505 11860 30985 22972713 25684652 24816364 29388624 109891 263197 556675 709632 666566 972829 X 930133 1061024 23219665 27354771 24149798 28415795 24816364 29388624 2342594 1923403 0 X 0 1 X 1 0 X 652570 693196 620119 2657907 3010040 7633832 25000 25000 20975 22115 22115 115205 677570 718196 641094 2680022 3032155 7749037 5431619 2317418 372541 520407 594567 592290 681739 2761544 35 2469 483 1165 809 4961 10515542 0.22040 0.40620 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 23219663 2964893 2378791 753028 455548 27354771 19279961 2441153 2473734 502290 472895 23219663 18217662 548853 1392934 418138 461350 19279961 21483604 430639 -2750611 945970 18217662 16416308 145760 5236228 314692 21483604 0.33157 0.66843 0 0 0 SCHOLARSHIP LIABILITY 546256 PROGRAMS PAYABLE 163376 709632 X 5763726 1923403 272320 2195723 3568003 129673 129673 3697676 1497729 272320 272320 1225409 129673 129673 1355082 PART V, LINE 4: PROVIDE STUDENT SCHOLARSHIPS AND PROGRAM SUPPORT FOR OLYMPIC COLLEGE. PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE FOUNDATION HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE NOT TO BE A "PRIVATE FOUNDATION" WITHIN THE MEANING OF SECTION 509(A) OF THE INTERNAL REVENUE CODE. THE FOUNDATION FILES AN ANNUAL INCOME TAX RETURN IN THE U.S. FEDERAL JURISDICTION. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE FOUNDATION AND HAS CONCLUDED THAT, AS OF JUNE 30, 2025 AND 2024, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE FOUNDATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAXPERIODS IN PROGRESS. COMMUNITY LUNCHEON 70628 70628 20167 70628 70628 20167 20167 50461 1 OLYMPIC COLLEGE 1600 CHESTER AVE BREMERTON WA 98337 910823201 GOVERNMENT 307316 0 PROGRAM SUPPORT TOTAL GRANTS UNDER 5K EACH 156072 0 PROGRAM SUPPORT PAYMENTS MADE TO OLYMPIC COLLEGE TO PAY FOR STUDENT SCHOLARSHIPS 217 753028 PART I, LINE 2: GRANTS TO THE COLLEGE AND SCHOLARSHIPS FOR INDIVIDUALS ARE PAID DIRECTLY TO OLYMPIC COLLEGE UPON EVIDENCE OF SATISFACTORY ENROLLMENT. 0 0 0 0 0 0 0 0 0 MARTY CAVALLUZZI PRESIDENT OF OLYMPIC COLLE 0 269428 0 0 0 0 0 0 0 0 0 269428 0 0 FORM 990, PART VI, SECTION A, LINE 1A THREE MEMBERS OF THE BOARD DO NOT HAVE VOTING RIGHTS: THE PRESIDENT OF THE COLLEGE, THE OLYMPIC COLLEGE BOT LIAISON, AND THE INTERIM PRESIDENT OF THE COLLEGE. FORM 990, PART VI, SECTION B, LINE 11B AFTER THE CLOSE OF THE FISCAL YEAR, A DRAFT OF THE FORM 990 IS PREPARED BY AN INDEPENDENT AUDITOR. THE DRAFT IS REVIEWED BY THE FOUNDATION EXECUTIVE DIRECTOR, THE EXECUTIVE BOARD OF THE FOUNDATION, AND THE AUDITOR. A FINAL DRAFT IS THEN PREPARED AND SENT ELECTRONICALLY TO THE EXECUTIVE COMMITTEE PRIOR TO THE FOUNDATION'S NEXT REGULAR FULL BOARD MEETING. THE EXECUTIVE COMMITTEE APPROVES THE 990 FOR ISSUANCE, AND FOLLOWING ISSUANCE, THE ENTIRE BOARD RECEIVES A COPY OF THE 990. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE PROVIDED A CONFLICT-OF-INTEREST DECLARATION SHEET, ELECTRONICALLY AND IN HARD COPY, EACH SEPTEMBER IN THEIR BOARD MEMBER MANUAL. EACH BOARD MEMBER IS REQUIRED TO HAVE AN UPDATED DECLARATION SHEET ON FILE. FOUNDATION STAFF REVIEW THE SHEETS EACH JANUARY AND GIVE A REMINDER AT THE REGULAR BUSINESS MEETING IN JANUARY TO UPDATE DECLARATION SHEETS, AS MEMBERS BUSINESS, PERSONAL, AND CIVIC RELATIONSHIPS CHANGE. WHEN EXCEPTION FOUNDATION BUSINESS RELATIONSHIPS OCCUR (IE: DECISION TO ACCEPT OR SELL A SIGNIFICANT FOUNDATION ASSET, A BOARD MEMBER FILES TO RUN FOR PUBLIC OFFICE, FOUNDATION REQUESTS PROPOSALS FROM POTENTIAL/EXISTING VENDORS) THE EXECUTIVE COMMITTEE REVIEWS THE CONFLICT OF INTEREST DECLARATIONS FOR POTENTIAL CONFLICTS AND MEETS WITH INDIVIDUAL BOARD MEMBERS, AS NEEDED. BOARD MEMBERS WITH A CONFLICT OR APPEARANCE OF A CONFLICT ARE EXCUSED FROM DISCUSSION ON THAT TOPIC, AND DO NOT RECEIVE WRITTEN OR VERBAL COMMUNICATION ON THE TOPIC. IN PROLONGED SITUATIONS, BOARD MEMBERS ARE GRANTED A LEAVE OF ABSENCE FROM THE BOARD, OR MAY BE REMOVED FROM THE BOARD BY THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE IN THE OLYMPIC COLLEGE FOUNDATION OFFICE DURING REGULAR BUSINESS HOURS. OLYMPIC COLLEGE 1600 CHESTER AVE BREMERTON WA 98337 910823201 HIGHER EDUCATION WA GOVERNMENT N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 OLYMPIC COLLEGE B 236908 FMV OLYMPIC COLLEGE O 280053 FMV