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Nonprofiteer
← THE WESTMONT COLLEGE FOUNDATION

Form 990 for tax year 2024

Filed by THE WESTMONT COLLEGE FOUNDATION.

Totals

Total revenue
$371,464
Total expenses
$326,489
Contributions and grants received
$371,464
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$2,991,886
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$2,991,886
Program services expenses (Part IX)
$326,489
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$326,489

Program services were 100.0% 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.

  • 1a · Federated campaigns

    $0

  • 1b · Membership dues

    $0

  • 1c · Fundraising events

    $0

  • 1d · Related organizations

    $0

  • 1e · Government grants (contributions)

    $0

  • 1f · All other contributions, gifts and grants

    $371,464

  • 1g · Noncash contributions included above

    $0

  • 3 · Investment income

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 5 · Royalties

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 6a · Gross rents

    real property $0 · personal property $0

  • 6b · Less rental expenses

    real property $0 · personal property $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 6d · Net rental income or loss

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 7a · Gross sales of assets other than inventory

    securities $0 · other assets $0

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

    securities $0 · other assets $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 7d · Net gain or loss

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 8a · Fundraising events: gross income

    $0

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

    $0

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $0 · unrelated business $0 · excluded $0

  • 9a · Gaming: gross income

    $0

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 10a · Gross sales of inventory

    $0

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0 · program services $0

  • 2 · Grants to domestic individuals

    total $0 · program services $0

  • 3 · Grants to foreign organizations and individuals

    total $0 · program services $0

  • 4 · Benefits paid to or for members

    total $0 · program services $0

  • 5 · Compensation of officers, directors and key employees

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 6 · Compensation of disqualified persons

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 7 · Other salaries and wages

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 8 · Pension plan contributions

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 9 · Other employee benefits

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 10 · Payroll taxes

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11a · Fees: management

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11b · Fees: legal

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11c · Fees: accounting

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11d · Fees: lobbying

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11e · Fees: professional fundraising services

    total $0 · fundraising $0

  • 11f · Fees: investment management

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11g · Fees: other

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 12 · Advertising and promotion

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 13 · Office expenses

    total $478 · program services $478 · management and general $0 · fundraising $0

  • 14 · Information technology

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 15 · Royalties

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 16 · Occupancy

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 17 · Travel

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 18 · Travel or entertainment for public officials

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 19 · Conferences, conventions and meetings

    total $290,611 · program services $290,611 · management and general $0 · fundraising $0

  • 20 · Interest

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 21 · Payments to affiliates

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 22 · Depreciation, depletion and amortization

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 23 · Insurance

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 24a · Other expenses: Lecture Series and Scholarships

    total $35,400 · program services $35,400 · management and general $0 · fundraising $0

  • 24e · All other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $38,397 · end of year $83,373

  • 2 · Savings and temporary cash investments

    beginning of year $0 · end of year $0

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $0

  • 4 · Accounts receivable

    beginning of year $0 · end of year $0

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $0 · end of year $0

  • 10c · Land, buildings and equipment, net

    beginning of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $0 · end of year $0

  • 12 · Investments: other securities

    beginning of year $0 · end of year $0

  • 13 · Investments: program-related

    beginning of year $0 · end of year $0

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $2,908,514 · end of year $2,908,513

  • 17 · Accounts payable and accrued expenses

    beginning of year $0 · end of year $0

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $0 · end of year $0

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $0 · end of year $0

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $2,946,911 · end of year $2,991,886

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $0

Mission and programs · 2024

Mission

To provide and develop community relations and financial support in concert with and toward fulfillment of the vision and mission of Westmont College

  • Higher Education: This year The Westmont Foundation provided scholarship funds for students to attend Westmont College.

    Expenses $326,489 · Revenue $371,464

As filed on the 2024 return.

Listed in Part VII

  • Gayle Beebe

    Board Member

    Total calculated
    $439,223
    From this org
    $0
    From related orgs
    $393,012
    Other
    $46,211
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $393,012 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $24,150 related
    Nontaxable benefits
    $0 + $22,061 related
    Filer's total
    $0 + $439,223 related

  • Doug Jones

    Board Member

    Total calculated
    $303,758
    From this org
    $0
    From related orgs
    $255,849
    Other
    $47,909
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $255,849 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $16,289 related
    Nontaxable benefits
    $0 + $31,619 related
    Filer's total
    $0 + $303,757 related

  • Reed Sheard

    Board Member

    Total calculated
    $273,233
    From this org
    $0
    From related orgs
    $234,671
    Other
    $38,562
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $234,671 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $16,501 related
    Nontaxable benefits
    $0 + $22,061 related
    Filer's total
    $0 + $273,233 related

  • Ryan Wolfshorndl

    Chair

    Total calculated
    $0
    Hours/week
    1

  • Daniel Aldrich

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Sonia Behrman

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Hank Bowis

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Erika Burrows

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Darren Caesar

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Michael Daoud

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • John Davies

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Jason Eldred

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Denice Fellows

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Jacques Habra

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Helga Houston

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Susan Jackson

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Ken Kihlstrom

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Bobbie Kinnear

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Bill Macfadyen

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Bruce McRoy

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Marshall Miller

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Sherry Nasseri

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Christopher O'Connor

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Andria Raymont

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Angela Siemens

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Mitch Vance

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Alice Van De Water

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Karen Yonally

    Board Member

    Total calculated
    $0
    Hours/week
    1

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
18 March 2026
IRS schema version
2024v5.0
Source object
202640779349301614

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