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Nonprofiteer
← COLUMBIA BASIN FOUNDATION

Form 990 for tax year 2022

Filed by COLUMBIA BASIN FOUNDATION.

Totals

Total revenue
$5,637,669
Total expenses
$3,342,590
Contributions and grants received
$5,303,693
Grants paid
$2,898,075
Program service revenue
$0
Investment income
$333,976
Other revenue
$0
Total assets, end of year
$13,816,979
Total liabilities, end of year
$20,947
Net assets or fund balances, end of year
$13,796,032
Program services expenses (Part IX)
$3,136,869
Management and general expenses
$161,353
Fundraising expenses
$44,368
Program service expenses (Part III)
$3,136,869

Program services were 93.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $326,528

  • 1f · All other contributions, gifts and grants

    $4,977,165

  • 3 · Investment income

    total $270,687 · excluded $270,687

  • 7a · Gross sales of assets other than inventory

    securities $2,329,968

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

    securities $2,266,679

  • 7c · Gain or loss

    securities $63,289

  • 7d · Net gain or loss

    total $63,289 · excluded $63,289

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $2,898,075 · program services $2,898,075

  • 5 · Compensation of officers, directors and key employees

    total $164,500 · program services $123,375 · management and general $24,675 · fundraising $16,450

  • 9 · Other employee benefits

    total $725 · program services $544 · management and general $109 · fundraising $72

  • 10 · Payroll taxes

    total $23,399 · program services $17,549 · management and general $3,510 · fundraising $2,340

  • 11c · Fees: accounting

    total $6,904 · program services $5,178 · management and general $1,036 · fundraising $690

  • 11f · Fees: investment management

    total $84,246 · management and general $84,246

  • 11g · Fees: other

    total $36,818 · program services $27,614 · management and general $5,522 · fundraising $3,682

  • 12 · Advertising and promotion

    total $21,179 · program services $15,884 · management and general $3,177 · fundraising $2,118

  • 13 · Office expenses

    total $6,955 · program services $5,216 · management and general $1,043 · fundraising $696

  • 14 · Information technology

    total $22,356 · management and general $22,356

  • 16 · Occupancy

    total $9,319 · program services $6,989 · management and general $1,398 · fundraising $932

  • 19 · Conferences, conventions and meetings

    total $7,069 · management and general $7,069

  • 23 · Insurance

    total $1,990 · management and general $1,990

  • 24a · Other expenses: OUTREACH

    total $52,172 · program services $34,784 · fundraising $17,388

  • 24b · Other expenses: BANK & MERCHANT FEES

    total $4,668 · management and general $4,668

  • 24c · Other expenses: DUES & SUBSCRIPTIONS

    total $2,215 · program services $1,661 · management and general $554

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $49,651 · end of year $68,967

  • 2 · Savings and temporary cash investments

    beginning of year $821 · end of year $2,045,106

  • 4 · Accounts receivable

    beginning of year $0 · end of year $2,000

  • 10a · Land, buildings and equipment: cost or other basis

    $57,538

  • 10b · Land, buildings and equipment: accumulated depreciation

    $57,538

  • 10c · Land, buildings and equipment, net

    beginning of year $16,500 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $13,541,386 · end of year $11,700,906

  • 17 · Accounts payable and accrued expenses

    beginning of year $22,231 · end of year $20,947

  • 27 · Net assets without donor restrictions

    beginning of year $13,586,127 · end of year $39,266

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $13,756,766

Mission and programs · 2022

Mission

COLUMBIA BASIN FOUNDATION IS A COMMUNITY FOUNDATION WITH A COLLECTION OF PERMANENT CHARITABLE FUNDS SUPPORTED BY A WIDE RANGE OF DONORS FOR THE PURPOSE OF STRENGTHENING THE COMMUNITY FOR THE BENEFIT OF ALL CITIZENS. THE FOUNDATION IS COMMITTED TO: ASSIST DONORS TO CREATE CHARITABLE FUNDS AND TO DISTRIBUTE PROCEEDS THEREFROM IN ACCORDANCE WITH DONOR'S INTENTS, BE A RESPONSIBLE STEWARD OF THOSE RESOURCES, USE DISCRETIONARY GRANT FUNDS WISELY TO MEET COMMUNITY NEEDS, AND BE A CONSTRUCTIVE CATALYST IN THE PHILANTHROPIC COMMUNITY TO IDENTIFY PROBLEMS AND OPPORTUNITIES, AND TO SHAPE EFFECTIVE RESPONSES TO THEM.

  • IN 2022, 240 GRANTS AND/OR SPONSORSHIPS WERE AWARDED TO ORGANIZATIONS. GRANTS ARE GIVEN TO QUALIFIED, TAX-EXEMPT NONPROFIT ORGANIZATIONS FOR WORK DIRECTLY BENEFITING RESIDENTS OF THE COLUMBIA BASIN. GRANTS ARE GIVEN TO THOSE ORGANIZATIONS THAT PLACE A PRIORITY ON PROJECTS THATHELP BUILD THE COMMUNITY AND HELP STRENGTHEN COMMUNITY CONNECTIONS, AND BENEFIT A BROAD SEGMENT OF THE LOCAL POPULATION.

    Expenses $2,851,425 · Grants $2,721,850

  • IN 2022, 177 SCHOLARSHIPS WERE AWARDED. SCHOLARSHIP RECIPIENTS ARE CHOSEN BASED ON MERIT, SCHOOL PARTICIPATION, GRADE POINT AVERAGE, AND/OR NEED. THE SCHOLARSHIP FUNDS ARE USED TO AID THE INDIVIDUAL IN OBTAINING A HIGHER EDUCATION.

    Expenses $285,444 · Grants $176,225

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Stephen Reagan

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • David Thomsen

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Harald Dilling

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Jean Frazier

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Wendy Mickelsen

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • James Shank

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Lynda Bowers

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Tom Overcast

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Tom Moncrief

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Annette Lovitt

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Rosenda Henley

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Corinne Isaak

    EXECUTIVE DIRECTOR

    Total calculated
    $87,400
    From this org
    $85,000
    From related orgs
    $0
    Other
    $2,400
    Hours/week
    40

  • Jacquie Hunt

    FINANCE DIRECTOR

    Total calculated
    $77,100
    From this org
    $75,000
    From related orgs
    $0
    Other
    $2,100
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2022
Filed
6 November 2023
IRS schema version
2022v5.0
Source object
202323109349303132

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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