College Of Western Idaho Foundation Inc
- Assets
- $6.4m
- Revenue
- $985.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Nampa, ID
- Founding
- 06/2010
- Data as of
- 06/2021
- EIN
- 27-1159705
Organization Overview
College Of Western Idaho Foundation Inc is located in Nampa, ID. The organization was established in 2010. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. College Of Western Idaho Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, College Of Western Idaho Foundation Inc generated $985.6k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 19.2% each year . All expenses for the organization totaled $819.7k during the year ending 06/2021. While expenses have increased by 5.9% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SUPPORT FOR THE FUNDRAISING EFFORTS OF CWI AND TO MANAGE PRIVATELY DONATED FUNDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE COLLEGE OF WESTERN IDAHO FOUNDATION RAISED AND MANAGED SCHOLARSHIP FUNDS, PROGRAM SUPPORT, AND PRIVATE RESOURCES FOR THE COLLEGE OF WESTERN IDAHO STUDENTS AND PROGRAMS WHICH SUPPORT THE MISSION AND PRIORITIES OF THE COLLEGE. DURING THE FISCAL YEAR ENDING JUNE 30, 2021, THE FOUNDATION PROVIDED SCHOLARSHIP FUNDS TO THE COLLEGE OF WESTERN IDAHO, WHO IN TURN PROVIDED SCHOLARSHIPS TO 376 STUDENTS TOTALING $499,341. THE FOUNDATION ALSO PROVIDED PROGRAM SUPPORT TOTALING $247,566 TO THE COLLEGE OF WESTERN IDAHO.(CONTINUED ON SCHEDULE O)(CONTINUED FROM FORM 990, PART III, LINE 4A) THE COVID-19 PANDEMIC HAD AN EFFECT ON THE FOUNDATION'S ABILITY TO CONNECT WITH OUR DONORS AND RAISE FUNDS. DUE TO SHUT DOWN PROCEDURES, THE FOUNDATION LOST THE ABILITY TO MEET DONORS AND POTENTIAL DONORS IN PERSON, WHICH IS ESSENTIAL TO MAINTAINING AND BUILDING RELATIONSHIPS. OUR FUNDRAISING EVENTS WERE EITHER CANCELLED OR MOVED TO A VIRTUAL FORMAT. THIS TRANSLATED INTO LOWER FUNDS RAISED FOR STUDENT SCHOLARSHIPS. WHILE WE WERE ABLE TO SECURE NEW SCHOLARSHIP AGREEMENTS DURING THE PANDEMIC, THOSE WERE FEWER AND BASED ON THE DONORS SEEKING OUT CWI AND THE FOUNDATION. OUR ABILITY TO BE PRESENT IN THE COMMUNITY WOULD HAVE FOSTERED NEW RELATIONS, EQUALING MORE DONATIONS TO STUDENT SCHOLARSHIPS. THE PAST YEAR DID TEACH US HOW TO ADAPT TO A DIFFERENT FUNDRAISING FORMAT SO WHILE OVERALL WE EXPERIENCED A DECREASE IN SCHOLARSHIP FUNDS RAISED, WE FIGURED OUT NEW TOOLS TO ADD TO OUR FUNDRAISING STRATEGIES IN THE FUTURE.
THE COLLEGE OF WESTERN IDAHO FOUNDATION RAISED AND MANAGED SCHOLARSHIP FUNDS, PROGRAM SUPPORT, AND PRIVATE RESOURCES FOR THE COLLEGE OF WESTERN IDAHO STUDENTS AND PROGRAMS WHICH SUPPORT THE MISSION AND PRIORITIES OF THE COLLEGE. DURING THE FISCAL YEAR ENDING JUNE 30, 2021, THE FOUNDATION PROVIDED SCHOLARSHIP FUNDS TO THE COLLEGE OF WESTERN IDAHO, WHO IN TURN PROVIDED SCHOLARSHIPS TO 376 STUDENTS TOTALING $499,341. THE FOUNDATION ALSO PROVIDED PROGRAM SUPPORT TOTALING $247,566 TO THE COLLEGE OF WESTERN IDAHO.(CONTINUED ON SCHEDULE O)(CONTINUED FROM FORM 990, PART III, LINE 4A) THE COVID-19 PANDEMIC HAD AN EFFECT ON THE FOUNDATION'S ABILITY TO CONNECT WITH OUR DONORS AND RAISE FUNDS. DUE TO SHUT DOWN PROCEDURES, THE FOUNDATION LOST THE ABILITY TO MEET DONORS AND POTENTIAL DONORS IN PERSON, WHICH IS ESSENTIAL TO MAINTAINING AND BUILDING RELATIONSHIPS. OUR FUNDRAISING EVENTS WERE EITHER CANCELLED OR MOVED TO A VIRTUAL FORMAT. THIS TRANSLATED INTO LOWER FUNDS RAISED FOR STUDENT SCHOLARSHIPS. WHILE WE WERE ABLE TO SECURE NEW SCHOLARSHIP AGREEMENTS DURING THE PANDEMIC, THOSE WERE FEWER AND BASED ON THE DONORS SEEKING OUT CWI AND THE FOUNDATION. OUR ABILITY TO BE PRESENT IN THE COMMUNITY WOULD HAVE FOSTERED NEW RELATIONS, EQUALING MORE DONATIONS TO STUDENT SCHOLARSHIPS. THE PAST YEAR DID TEACH US HOW TO ADAPT TO A DIFFERENT FUNDRAISING FORMAT SO WHILE OVERALL WE EXPERIENCED A DECREASE IN SCHOLARSHIP FUNDS RAISED, WE FIGURED OUT NEW TOOLS TO ADD TO OUR FUNDRAISING STRATEGIES IN THE FUTURE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Jensen Director, Foundation | Officer | 40 | $75,000 |
Ladawn Anderst Database Coordinator, Foundation | Officer | 40 | $53,000 |
Mike Pena Vice President | OfficerTrustee | 1 | $0 |
Ivan Castillo President | OfficerTrustee | 1 | $0 |
Edward Barrett Until 072020 President | OfficerTrustee | 1 | $0 |
Greg Braun Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $62,353 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $601,633 |
| Noncash contributions included in lines 1a–1f | $5,918 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $663,986 |
| Total Program Service Revenue | $0 |
| Investment income | $88,486 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $233,767 |
| Net Income from Fundraising Events | -$662 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $985,577 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $746,907 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $17,240 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $36,112 |
| Fees for services: Other | $0 |
| Advertising and promotion | $216 |
| Office expenses | $3,881 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $490 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,319 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $10,562 |
| All other expenses | $1,431 |
| Total functional expenses | $819,706 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,620,616 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $4,783,015 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,425 |
| Total assets | $6,409,056 |
| Accounts payable and accrued expenses | $38,438 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $38,438 |
| Net assets without donor restrictions | $1,247,427 |
| Net assets with donor restrictions | $5,123,191 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $6,409,056 |
Grants Awarded
Over the last fiscal year, College Of Western Idaho Foundation Inc has awarded $526,451 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
THE COLLEGE OF WESTERN IDAHO PURPOSE: SCHOLARSHIP FUNDS FOR THE COLLEGE | $366,702 |
THE COLLEGE OF WESTERN IDAHO PURPOSE: DEPARTMENTAL AND PROGRAM SUPPORT FOR THE COLLEGE | $159,749 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that College Of Western Idaho Foundation Inc has recieved totaling $58,137.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $26,819 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $20,000 |
Support Education And Employment For Vets Scottsdale, AZ PURPOSE: SCHOLARSHIP | $11,088 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $230 |
Endowment Analysis
| Beg. Balance | $2,079,705 |
| Earnings | $636,381 |
| Net Contributions | $43,711 |
| Grants | $64,247 |
| Ending Balance | $2,695,550 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Opportunity Village Foundation Las Vegas, NV | $82,150,112 | $9,952,519 |
United Way Of The Columbia- Willamette Portland, OR | $45,244,176 | $37,813,880 |
United Way Of Salt Lake Salt Lake City, UT | $28,992,111 | $11,102,852 |
United Way Of Southern Nevada Inc Las Vegas, NV | $13,273,511 | $9,207,930 |
United Way Of Northern Utah Ogden, UT | $14,414,361 | $4,637,663 |
Jewish Federation Of Greater Seattle Seattle, WA | $93,924,162 | $8,143,793 |
United Way Of Lane County Springfield, OR | $6,356,824 | $7,869,717 |
United Way Of Pierce County Tacoma, WA | $15,711,259 | $8,056,312 |
Billings Clinic Foundation Billings, MT | $116,767,576 | $17,438,060 |
United Way Of The Mid-Willamette Valley Salem, OR | $5,554,350 | $5,986,237 |
United Way Of Central And Southern Utah Provo, UT | $1,777,988 | $5,427,795 |
Auburn Food Bank Auburn, WA | $1,209,621 | $5,152,284 |