Mortar Board Alumni-Tolo Foundation
- Assets
- $1.2m
- Revenue
- $22.8k
- Investments
- $1.1m
- Employees
- 0
- Location
- Bellevue, WA
- Founding
- 06/1998
- Data as of
- 05/2022
- EIN
- 91-6054386
Organization Overview
Mortar Board Alumni-Tolo Foundation is located in Bellevue, WA. The organization was established in 1998. According to its NTEE Classification (B84) the organization is classified as: Alumni Associations, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mortar Board Alumni-Tolo Foundation 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 05/2022, Mortar Board Alumni-Tolo Foundation generated $22.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (3.4%) each year. All expenses for the organization totaled $91.4k during the year ending 05/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION EXISTS TO PROVIDE MERIT SCHOLARSHIPS TO APPLICANTS WHO ARE STUDENTS OF THE UNIVERSITY OF WASHINGTON. SEE APPLICATION ATTACHED.
MORTAR BOARD NATIONAL FOUNDATION THE ORGANIZATION IS A LOCAL CHAPTER OF A NATIONAL ORGANIZATION OF SCHOLARSHIP FOUNDATIONS.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,318 |
| Interest on Savings | $0 |
| Dividends & Interest | $21,506 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $98,388 |
| Net ST Capital Gain | $43,172 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $22,824 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,307 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $507 |
| Total operating and administrative expenses | $13,872 |
| Contributions, gifts, grants paid | $77,500 |
| Total expenses and disbursements | $91,372 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $110,184 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,092,356 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,202,540 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Oregon State University Alumni Association Inc O S U Corvallis, OR | $18,895,220 | $6,031,432 |
University Of Washington Alumni Association Seattle, WA | $25,037,147 | $2,885,363 |
Washington State University Alumni Association Pullman, WA | $15,982,988 | $2,687,677 |
Portland State University Alumni Association Portland, OR | $0 | $742,849 |
Alumni Association Of The University Of Oregon Eugene, OR | $21,027,924 | $2,555,814 |
Pi Omega Alumnae Corp Coeur dAlene, ID | $550,312 | $520,869 |
Southeast Seattle Education Coalition Seattle, WA | $307,392 | $523,917 |
West High Alumni Association Anchorage, AK | $314,563 | $363,947 |
Pi Kappa Phi Alumni Association Portland, OR | $1,199,956 | $425,524 |
Beta Omega Alumnae Association Eugene, OR | $536,343 | $384,715 |
Oregon Alpha Alumni Association Sigma Phi Epsilon Renton, WA | $1,920,771 | $283,073 |
Sae Alumni House Management Association Seattle, WA | $628,909 | $253,295 |