2024-10-31T07:48:12-05:00 2023-12-31 410746749 CLIFTONLARSONALLEN LLP 8101 WEST GRANDRIDGE BLVD SUITE 130 KENNEWICK WA 99336 990 2023-01-01 911207033 WALLA WALLA COMMUNITY COLLEGE FOUNDATION WALL 5095274275 500 TAUSICK WAY WALLA WALLA WA 99362 JESSICA COOK EXECUTIVE DIRECTOR 5095274275 2024-10-28 1 1 EMILY MCCANN P01759947 5097351561 2024-10-28 2023 2024-10-15 13:58:12Z JESSICA COOK 500 TAUSICK WAY WALLA WALLA WA 99362 10252755 0 X HTTPS://FOUNDATION.WWCC.EDU X 1982 WA SUPPORT STUDENT ACCESS AND EDUCATIONAL EXCELLENCE AT WALLA WALLA COMMUNITY COLLEGE. 10 10 0 80 0 0 4430134 1230852 10199 8315 -993852 461573 135047 26801 3581528 1727541 1089783 1783086 0 0 0 0 0 0 0 394307 314281 1484090 2097367 2097438 -369826 26635328 29672609 609228 1459002 26026100 28213607 THE WWCC FOUNDATION'S MISSION IS SUPPORT STUDENT ACCESS AND EDUCATIONAL EXCELLENCE AT WALLA WALLA COMMUNITY COLLEGE. 0 0 1858532 1783086 8315 THE WWCC FOUNDATION SUPPORTS WALLA WALLA COMMUNITY COLLEGE STUDENTS, ITS ACADEMIC PROGRAMS, FACULTY PROFESSIONAL DEVELOPMENT, AND STRATEGIC INITIATIVES OF THE COLLEGE. THE PRIMARY WORK OF THE FOUNDATION IS TO PROVIDE A NEED-BASED SCHOLARSHIP PROGRAM AND EMERGENCY FINANCIAL SUPPORT TO WWCC STUDENTS. SCHOLARSHIPS TOTALING OVER $1,085,000 IN 2023 WERE AWARDED TO 572 STUDENTS IN 2023 AND 48 STUDENTS RECEIVED EMERGENCY FINANCIAL ASSISTANCE TOTALING $24,000 IN 2023. THROUGH ITS WORK, THE FOUNDATION PROMOTES EQUITY, INCLUSION AND ACCESS TO A COLLEGE EDUCATION, HELPS MAINTAIN CONNECTIONS BETWEEN THE COLLEGE AND THE COMMUNITY, AND SERVES AS THE FISCAL SPONSOR FOR THE WALLA WALLA VALLEY EARLY LEARNING COALITION. 1858532 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 1 0 1 5 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 X PATRICK SISNEROS 5095274275 500 TAUSICK WAY WALLA WALLA WA 99362 PAT REAY PRESIDENT 2.00 X X 0 0 0 DARCEY FUGMAN-SMALL VICE PRESIDENT 2.00 X X 0 0 0 BILL CLEMENS TREASURER (THRU 07/2023) 1.00 X X 0 0 0 CATHY SCHAEFFER SECRETARY 1.00 X X 0 0 0 PUNKEY ADAMS EMERITUS BOARD MEMBER 1.00 X 0 0 0 CHAD EMERSON HICKOX BOARD MEMBER 1.00 X 0 0 0 ANITA FUNK BOARD MEMBER 1.00 X 0 0 0 ROXANA GAYTAN BOARD MEMBER 1.00 X 0 0 0 SUSAN GILLESPIE BOARD MEMBER 1.00 X 0 0 0 SANDI MADSEN BOARD MEMBER 1.00 X 0 0 0 ERIC SCHULZ BOARD MEMBER 1.00 X 0 0 0 JESSICA COOK EXECUTIVE DIRECTOR 25.00 15.00 X 0 110413 26859 0 110413 26859 0 0 0 0 0 90000 1140852 137397 1230852 WARRIOR CLUB 611710 8315 8315 8315 724485 724485 65640 38839 26801 26801 26801 8188963 34500 8453370 33005 -264407 1495 -262912 -262912 1727541 8315 0 488374 674325 674325 1108761 1108761 8540 8540 33540 33540 97776 97776 29630 26288 3342 1120 1120 9160 2572 6588 2028 2028 9539 9539 5948 5948 LOSS FROM SUBSIDIARY 30272 30272 HOSPITALITY 25717 25717 DUES AND SUBSCRIPTIONS 21676 21676 REPAIRS AND MAINTENANCE 17263 17263 22072 20869 1203 2097367 1858532 238835 0 1321713 1254119 3590289 1668577 589355 574023 19383 43704 2000764 365855 1644448 1634909 19130829 24338578 126942 139575 212369 19124 26635328 29672609 609228 1459002 609228 1459002 X 15922125 17111898 10103975 11101709 26026100 28213607 26635328 29672609 X -369826 2717872 -160539 X X 0 1 X 1 0 X 1054137 1075424 1527606 4430134 1230852 9318153 1054137 1075424 1527606 4430134 1230852 9318153 3413528 5904625 360925 293007 389522 613231 724485 2381170 4762 25014 34116 36114 100006 11799329 91722 0.50040 0.57560 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: REVENUE FROM RENTAL/LEASE OF BUILDINGS AND VEHICLES TO WWCC INCOME FROM SUBSIDIARY OTHER INCOME RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 540000 180000 18004 738004 360000 180000 540000 360000 360000 0.00000 0.00000 1.00000 0 0 1232634 1232634 768130 365855 402275 1634909 X PART V, LINE 4: THE FOUNDATION'S ENDOWMENT WAS ESTABLISHED IN APRIL 2021 AND CONSIST OF FUNDS TO BE HELD FOR A TERM OF 20 YEARS FOLLOWING THE INITIAL ESTABLISHMENT OF THE ENDOWMENT. THE ENDOWMENT IS RELATED TO THE CHALLENGE GRANT FUNDS RECEIVED BY WALLA WALLA COMMUNITY COLLEGE AND PASSED TO THE FOUNDATION TO MEET THE CHALLENGE OF MATCHING AVAILABLE FEDERAL FUNDS, WHICH ARE TO BE USED TO PROVIDE STEM SCHOLARSHIPS FOR LOW-INCOME AND LATINO STUDENTS. PART X, LINE 2: THE INTERNAL REVENUE SERVICE DETERMINED THAT THE FOUNDATION IS A TAX-EXEMPT ORGANIZATION IN ACCORDANCE WITH SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS NOT SUBJECT TO FEDERAL OR STATE INCOME TAXES, EXCEPT ON UNRELATED BUSINESS INCOME. THE FOUNDATION FOLLOWS FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC 740, INCOME TAXES, WHICH CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT EVALUATED THE FOUNDATION'S TAX POSITIONS AND CONCLUDED THAT THE FOUNDATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENTS TO THE CONSOLIDATED FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. 1 WALLA WALLA COMMUNITY COLLEGE 500 TAUSICK WAY WALLA WALLA WA 99362 910821964 WA STATE 674325 0 PROGRAMMATIC SUPPORT 1 0 SCHOLARSHIPS 620 1108761 PART I, LINE 2: EXECUTIVE DIRECTOR APPROVES ALL EXPENSES FROM RESTRICTED FUND ACCOUNTS, REVIEWING DONOR DIRECTIVES AND GIFT/GRANT AGREEMENTS TO ENSURE ADHERANCE TO DONOR INSTRUCTION. STAFF CARRIES OUT RIGOROUS REPORTING AT LEAST ANNUALLY FOR GRANT FUNDS AS WELL. X 5816 FMV X 1 131581 FMV 0 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE VP OF BUSINESS SERVICES AND THE FOUNDATION'S EXECUTIVE DIRECTOR BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY THAT REQUIRES THE IDENTIFICATION OF POTENTIAL CONFLICTS OF INTEREST BY THE BOARD OF DIRECTORS, COMMITTEE MEMBERS, KEY EMPLOYEES, AND THEIR RELATIVES. AS PER THE POLICY, SUCH PERSONS MUST MAKE DISCLOSURE OF ANY POTENTIAL CONFLICTS OF INTEREST AND MUST ABSTAIN FROM VOTING ON ANY ACTION IN WHICH THEY HAVE AN INTEREST. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVALIBALE UPON REQUEST. FORM 990, PART XI, LINE 9: LOSS ON DECONSOLIDATION -160,539. FORM 990, PART XII, LINE 2C: THERE WAS NO CHANGE TO THE OVERSIGHT OR SELECTION PROCESS. WALLA WALLA COMMUNITY COLLEGE 500 TAUSICK WAY WALLA WALLA WA 99362 910821964 EDUCATION WA N/A 0 COLLEGE CELLARS OF WALLA WALLA 500 TAUSICK WAY WALLA WALLA WA 99362 710908960 WINEMAKING WA INTEREST IN ENTITY WAS MOVED TO WALLA WALLA COMMUNITY COLLEGE IN 2023 C 1 0 1 1 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 WALLA WALLA COMMUNITY COLLEGE K 200000 FMV WALLA WALLA COMMUNITY COLLEGE B 474325 FMV WALLA WALLA COMMUNITY COLLEGE C 90000 FMV