Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $187,097

• 1f · All other contributions, gifts and grants

  $1,692,451

• 1g · Noncash contributions included above

  $150,601

• 2a · Program service revenue: Gift fee revenue

  total $22,362 · related or exempt $22,362

• 3 · Investment income

  total $208,165 · excluded $208,165

• 7a · Gross sales of assets other than inventory

  securities $1,149,763

• 7b · Less cost or other basis and sales expenses

  securities $1,108,856

• 7c · Gain or loss

  securities $40,907

• 7d · Net gain or loss

  total $40,907 · excluded $40,907

• 8a · Fundraising events: gross income

  $28,302

• 8a · Fundraising events: contributions included on line 1c

  $187,097

• 8b · Fundraising events: direct expenses

  $34,862

• 8c · Net income from fundraising events

  total -$6,560 · excluded -$6,560

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $1,821,913 · program services $1,821,913

• 11c · Fees: accounting

  total $20,136 · management and general $20,136

• 11f · Fees: investment management

  total $42,256 · management and general $42,256

• 11g · Fees: other

  total $77,421 · management and general $77,421

• 12 · Advertising and promotion

  total $3,066 · management and general $3,066

• 13 · Office expenses

  total $15,550 · management and general $15,016 · fundraising $534

• 14 · Information technology

  total $17,400 · management and general $17,400

• 17 · Travel

  total $12,648 · management and general $12,140 · fundraising $508

• 23 · Insurance

  total $11,252 · management and general $11,252

• 24a · Other expenses: Memberships & Subscript

  total $4,761 · management and general $4,761

• 24b · Other expenses: Professional Developmen

  total $4,510 · management and general $4,510

• 24c · Other expenses: Books and Subscriptions

  total $106 · management and general $106

• 24e · All other expenses

  total $7,166 · management and general $6,267 · fundraising $899

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $2,062,767 · end of year $1,648,822

• 3 · Pledges and grants receivable

  beginning of year $0 · end of year $141,185

• 9 · Prepaid expenses and deferred charges

  beginning of year $9,268 · end of year $71,195

• 11 · Investments: publicly traded securities

  beginning of year $4,631,601 · end of year $5,401,034

• 15 · Other assets

  beginning of year $7,313 · end of year $13,379

• 17 · Accounts payable and accrued expenses

  beginning of year $48,598 · end of year $38,480

• 27 · Net assets without donor restrictions

  beginning of year $1,331,131 · end of year $1,643,024

• 28 · Net assets with donor restrictions

  beginning of year $5,331,220 · end of year $5,594,111

The filer's explanations (Part III)

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.