2025-01-20T13:31:10-06:00 2024-05-31 231144520 TAIT WELLER & BAKER LLP 50 SOUTH 16TH STREET SUITE 2900 PHILADELPHIA PA 19102 990 2023-06-01 911220704 REGENT COLLEGE FOUNDATION REGE 8006638664 PO BOX 33276 SEATTLE WA 98133 ROBERT HOWELL PRESIDENT 8006638664 2025-01-20 1 0 HARRISON PEREIRA P00746867 2159798800 2025-01-20 2023 2024-10-15 13:58:12Z ROBERT HOWELL PO BOX 33276 SEATTLE WA 98133 674831 0 X WWW.RCFUSA.ORG X 1983 WA PROMOTING THEOLOGICAL EDUCATION AND ASSISTING INSTITUTIONS WHICH CARRY ON THEOLOGICAL EDUCATION. 6 6 0 6 0 0 638380 635332 0 0 418 324 0 0 638798 635656 736566 628350 0 0 0 0 0 0 0 23347 18528 759913 646878 -121115 -11222 60136 53580 1462 6128 58674 47452 REGENT COLLEGE FOUNDATION SUPPORTS GRADUATE-LEVEL THEOLOGICAL EDUCATION THAT CULTIVATES INTELLIGENT, VIGOROUS, AND JOYFUL COMMITMENT TO JESUS CHRIST, HIS CHURCH, AND HIS WORLD. 0 0 628350 628350 REGENT COLLEGE FOUNDATION'S MISSION IS TO ASSIST AND ENCOURAGE REGENT COLLEGE IN DELIVERING GRADUATE-LEVEL THEOLOGICAL EDUCATION; AND TO PARTICIPATE IN FUNDRAISING FOR SPECIFIC PROGRAMS AND PROJECTS OF REGENT COLLEGE, INCLUDING STUDENT SCHOLARSHIPS, THAT SUPPORT STUDENTS FROM THE UNITED STATES AND AROUND THE WORLD. 628350 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 WA X X KRISTY RICKMAN 2064655065 PO BOX 33276 SEATTLE WA 98133 X BOB HOWELL PRESIDENT 0.50 X X 0 0 0 CHARLES GIBSON VICE PRESIDENT 0.30 X X 0 0 0 CARRIE GIDDINGS SECRETARY 0.30 X X 0 0 0 CHRIS FANKHAUSER TREASURER 2.00 X X 0 0 0 ABRAHAM GALIANO TRUSTEE 0.30 X 0 0 0 DAN OLSON TRUSTEE 0.30 X 0 0 0 0 0 0 0 0 0 0 0 635332 39310 635332 189 189 39310 39175 135 135 135 635656 0 0 324 628350 628350 4000 4000 6252 6252 6683 6683 1593 1593 646878 628350 18528 0 59321 52802 815 778 60136 53580 1462 6128 1462 6128 X 44848 31863 13826 15589 58674 47452 60136 53580 -11222 0 X 0 1 X 1 0 X 644641 1317573 2359641 638380 635332 5595567 644641 1317573 2359641 638380 635332 5595567 1536444 4059123 19 1 1 63 189 273 5595840 0.72540 0.69090 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 635656 0 635656 0 635656 646878 0 646878 0 646878 PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, THE FOUNDATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(1). THE FOUNDATION'S INCOME TAX FILINGS ARE SUBJECT TO EXAMINATION BY VARIOUS TAXING AUTHORITIES. THE FOUNDATION HAS REVIEWED ITS TAX POSITIONS AND HAS CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS. 1 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 PROGRAM SERVICES FINANCIAL ASSISTANCE TO INSTITUTIONS WHICH CARRY ON THEOLOGICAL EDUCATION. 628350 0 0 0 0 0 0 628350 0 628350 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES TO ASSIST REGENT COLLEGE IN ITS ACTIVITIES, PRIMARILY FOR SPECIAL PROJECTS. 628350 CHECK 0 0 1 0 0 0 0 0 0 PART I, LINE 2: TO PRESERVE DONORS' ABILITY TO TAKE CHARITABLE DEDUCTIONS FOR THEIR CONTRIBUTIONS TO THE FOUNDATION, THE FOUNDATION BOARD OF TRUSTEES MUST MAINTAIN FULL CONTROL OF DONATED FUNDS AND DISCRETION AS TO THEIR USE, SO AS TO INSURE THAT THEY WILL BE USED TO CARRY OUT THE FOUNDATION'S PURPOSES. THIS MEANS THAT THE FOUNDATION BOARD OF TRUSTEES MUST: BE RESPONSIBLE FOR REVIEWING GRANT REQUESTS RECEIVED FROM THE COLLEGE AND/OR OTHER POTENTIAL GRANTEES AND APPROVING ANY GRANTS MADE BY THE FOUNDATION. ALSO, WE RECOMMEND THAT FOUNDATION GRANTS, INCLUDING GRANTS TO THE COLLEGE BE MADE ONLY PURSUANT TO WRITTEN GRANT AGREEMENTS. SUCH AGREEMENTS CAN HELP THE FOUNDATION INSURE THAT ITS FUNDS ARE PROPERLY EXPENDED, BY SPECIFYING THE PURPOSES FOR WHICH THE GRANT MAY BE USED, REQUIRING GRANTEES TO FURNISH PERIODIC ACCOUNTINGS TO SHOW THAT THE GRANT FUNDS WERE EXPENDED FOR THE INTENDED PURPOSES AND PERMITTING THE FOUNDATION TO TERMINATE THE GRANT AND REQUEST THAT UNSPENT FUNDS BE RETURNED IN THE EVENT THAT THE GRANTEE BREACHES THE GRANT AGREEMENT. X 8 39310 FMV 0 0 1 PART I, LINE 32B: MORGAN STANLEY IS USED AS A 3RD PARTY TO RECEIVE AND SELL ANY NON CASH (STOCK) CONTRIBUTIONS FORM 990, PART VI, SECTION A, LINE 8B THERE IS NO COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY MANAGEMENT. ONCE THE RETURN HAS BEEN PREPARED, THE TREASURER REVIEWS AND APPROVES THE RETURN TO BE FILED. FORM 990, PART VI, SECTION B, LINE 12C EVERY BOARD MEMBER SIGNS A CONFLICT OF INTEREST POLICY AND IS TO DISCLOSE ANY KNOWN CONFLICT. AND EVERY BOARD MEETING AGENDA IS PREVIEWED AND SUBSEQUENT BOARD MEETING MINUTES REVIEWED FOR POTENTIAL CONFLICTS. FORM 990, PART VI, SECTION C, LINE 19 BY POSTING ONLINE OR SENDING A HARD COPY UPON REQUEST, THE GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE.