2025-04-03T14:31:55-05:00 2024-06-30 450250958 Eide Bailly LLP 877 W Main St Ste 800 Boise ID 837025858 990 2023-07-01 271159705 The College of Western Idaho Foundation Inc COLL 2085623274 MS 1000 PO Box 3010 Nampa ID 83653 Mark Arstein Chief Development Officer 2085623274 2025-04-01 1 1 Kimberly C Nelson CPA P01887713 2083447150 2025-04-01 2023 2025-03-06 01:10:19Z Mark Arstein MS 1000 PO Box 3010 Nampa ID 83653 3288140 0 X cwi.edu/giving/foundation X 2009 ID To provide support for the fundraising efforts of CWI and to manage privately donated funds. 19 19 0 24 0 0 1187269 1879548 25000 22362 113644 249072 0 -6560 1325913 2144422 756124 1821913 0 0 0 0 0 0 1941 104916 216272 861040 2038185 464873 106237 6710949 7275615 48598 38480 6662351 7237135 X The Foundation, an Internal Revenue Code ("Code") Section 501(c)(3) tax-exempt organization, supports the mission of the College through the development and creation of resources that will improve and (Continued on Schedule O)(Continued from Form 990, Part III, Line 1) advance the College, its programs, and students. The Foundation raises funds from individuals, companies, foundations, and organizations, and invests and manages gifts in accordance with donors' wishes. 0 0 1821913 1821913 22362 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, 2024, the Foundation provided scholarship funds to the College of Western Idaho, who in turn provided scholarships to 494 students totaling $761,611. The Foundation also provided program support (department support $144,242 and facility support $916,060) totaling $1,060,302 to the College of Western Idaho. 1821913 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 5 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X Suzy Moore 2085623274 MS 1000 PO Box 3010 Nampa ID 83653 Mike Pena President 1.00 X X 0 0 0 Alison Patt Vice President 1.00 X X 0 0 0 Ben Chaney Vice President (Until Apr 2024) 1.00 X X 0 0 0 Greg Braun Treasurer 1.00 X X 0 0 0 Mike Ballenger Director 1.00 X 0 0 0 Ivan Castillo Director 1.00 X 0 0 0 Todd Christensen Director 1.00 X 0 0 0 Shawn Dammarell Director 1.00 X 0 0 0 Rodney Emery Director 1.00 X 0 0 0 Bert Glandon Director 1.00 X 0 0 0 Bill Ilett Director 1.00 X 0 0 0 George Iliff Director 1.00 X 0 0 0 Ryan Martin Director 1.00 X 0 0 0 Adam JL Minic Director 1.00 X 0 0 0 Kevin Rigenhagen Director 1.00 X 0 0 0 Melissa Shultz Director 1.00 X 0 0 0 William Nichols Director (As of Oct 2023) 1.00 X 0 0 0 Brian King Director (As of Oct 2023) 1.00 X 0 0 0 Estela Rosales Director (As of Feb 2024) 1.00 X 0 0 0 Mick Wiskerchen Director (As of Oct 2023) 1.00 X 0 0 0 Mark Arstein As of Apr 2024 Chief Development Officer 40.00 X 74513 0 16525 Michael Jensen Until Apr 2024 Executive Director 40.00 X 81312 0 27892 LaDawn Anderst Until Apr 2024 Coordinator of Donor Acknowledgement and Recog 40.00 X 56024 0 23684 211849 0 68101 0 0 0 1 0 187097 1692451 150601 1879548 Gift fee revenue 611310 22362 22362 22362 208165 208165 1149763 1108856 40907 40907 40907 28302 187097 34862 -6560 -6560 2144422 22362 0 242512 1821913 1821913 20136 20136 42256 42256 77421 77421 3066 3066 15550 15016 534 17400 17400 12648 12140 508 11252 11252 Memberships & Subscript 4761 4761 Professional Developmen 4510 4510 Books and Subscriptions 106 106 7166 6267 899 2038185 1821913 214331 1941 2062767 1648822 0 141185 9268 71195 4631601 5401034 7313 13379 6710949 7275615 48598 38480 48598 38480 X 1331131 1643024 5331220 5594111 6662351 7237135 6710949 7275615 106237 468547 0 X 0 1 X 1 0 X 909283 663986 689252 1187269 1879548 5329338 909283 663986 689252 1187269 1879548 5329338 1856026 3473312 89829 88486 149670 127058 208165 663208 5992546 47362 0.57960 0.50070 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2720555 511137 399920 115857 3515755 2324565 210414 288652 103076 2720555 2695550 52569 -322079 101475 2324565 2079705 43711 636381 64247 2695550 1539700 509925 89364 59284 2079705 0.00000 0.74050 0.25950 0 0 0 X 3040941 468547 435366 903913 2137028 42256 -34862 7394 2144422 2466157 435366 435366 2030791 42256 -34862 7394 2038185 Part V, Line 4: The Foundation's endowment funds are intended to be used for scholarships and college program support. The endowment consists of 49 individual funds that are established for a variety of purposes. In accordance with the state prudent management of institutional funds act (SPMIFA), the Foundation considers the following factors in making a determination to appropriate or accumulate donor-restricted endowment funds: (1) the duration and preservation of the fund or endowment, (2) the purposes of the Foundation and the donor-restricted endowment fund, (3) general economic conditions, (4) the possible effects of inflation and deflation, (5) the expected total return from income and the appreciation of investments, (6) other resources of the foundation, (7) the investment policies of the Foundation. Part X, Line 2: The Foundation believes that it has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. The Foundation would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred. Part XI, Line 4b - Other Adjustments: Fundraising Expense Adjustment -34,862. Part XII, Line 4b - Other Adjustments: Fundraising Expense Adjustment -34,862. Opening Doors 215399 187097 28302 1535 269 470 18849 7686 6053 215399 187097 28302 1535 269 470 18849 7686 6053 34862 -6560 1 The College of Western Idaho 6056 Birch Lane Suite 200 Nampa ID 83687 260684268 State of Idaho 1821913 0 Departmental Support, Program Support, and Scholarship funds for the College. 1 0 Part I, Line 2: The senior accountant verifies compliance with donor intent. The Chief Development Officer approves the disbursement of all funds. The College of Western Idaho Scholarship Coordinator and Financial Aid Director utilize Scholarship Grants and Assistance information to confirm scholarship eligibility. 0 0 0 0 0 0 0 0 0 Schedule J, Part II, Compensation from Unrelated Organization: The College of Western Idaho, an unrelated organization, compensated the following on the Foundation's behalf for the 2023 Calendar Year: Michael Jensen, Executive Director (Until April 2024) Compensation: $81,312 Retirement: $9,906 Nontaxable Benefits: $17,986 Nontaxable Life: $663 LaDawn Anderst, Coordinator of Donor Acknowledgement and Recognition (Until April 2024) Compensation: $56,024 Retirement: $6,862 Nontaxable Benefits: $16,822 Nontaxable Life: $416 Mark Arstein, Chief Development Officer (Beginning April 2024) Compensation: $74,513 Retirement: $8,505 Nontaxable Benefits: $8,021 Nontaxable Life: $597 These expenses have not been included on Form 990 Part IX as they are donated services and are included on Schedule D, Part XI and Part XII. X 2318 150601 Market Price 0 0 1 0 Part I, Column (b): Line 9 represents the number of shares donated. Part I, Line 33: Various vehicles donated to the Foundation for use by college programs such as auto mechanic. These are recorded as in kind without a value. Form 990, Part VI, Section A, line 1a The Executive Committee shall be chaired by the Foundation Board President and composed of the immediate past President, Vice President/President elect, Treasurer, two (2) members-at-large from the sitting Board, the CWI President, and the CWI VP of College Relations. The Coordinator of Donor Acknowledgement and Recognition shall serve as Secretary. The committee is charged with providing direction to the Board and conducting all Foundation business not prohibited by the Articles of Incorporation or Bylaws. The Executive Committee shall meet at the call of the President or any two officers to conduct the affairs of the Foundation between meetings of the Board. Form 990, Part VI, Section B, line 11b A copy of the Form 990 is reviewed by the Chief Development Officer then provided to the Finance and Executive Committee by email for review prior to the board meeting where it is provided to all board members. Form 990, Part VI, Section B, line 12c All board members are covered by the Foundation's conflict of interest policy and are required to submit a conflict of interest questionnaire annually. The Coordinator of Donor Acknowledgement and Recognition reviews any conflict of interest that is brought to their attention by the Foundation staff. Persons with a conflict of interest are recused from discussion and voting. Form 990, Part VI, Section B, line 15 LaDawn Anderst and Michael Jensen are compensated by the College of Western Idaho, an unrelated organization. They shared the role of top management official of the Foundation until April 2024. Mark Arnstein became the top management official at that time. The Foundation has reported on Part VII compensation paid to the Coordinator of Donor Acknowledgement and Recognition and the Executive Director position on the Foundation's behalf. These expenses have not been included on Form 990 Part IX as they are donated services and are included on Schedule D, Parts XI and Part XII. Form 990, Part VI, Section C, line 19 Documents are available for public inspection upon request.