Wenatchee Valley College Foundation Inc

Organization Overview

Wenatchee Valley College Foundation Inc is located in Wenatchee, WA. The organization was established in 1974. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wenatchee Valley College Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Wenatchee Valley College Foundation Inc generated $1.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $1.8m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE WENATCHEE VALLEY COLLEGE FOUNDATION MISSION IS TO RAISE FINANCIAL SUPPORT FOR THE STUDENTS, PROGRAMS AND FACULTY/STAFF OF WENATCHEE VALLEY COLLEGE AND SHALL ASSIST THE COLLEGE IN ACHIEVING ITS GOALS THROUGH CULTIVATING FRIENDS AND GARNERING FINANCIAL SUPPORT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

AMOUNTS PROVIDED TO THE WENATCHEE VALLEY COLLEGE TO HELP SUPPORT STUDENT AND FACULTY PROGRAMS, SPECIAL PROJECTS, AND OTHER ACTIVITIES OF THE COLLEGE.


SCHOLARSHIPS PROVIDED TO THE STUDENTS OF THE WENATCHEE VALLEY COLLEGE TO HELP OFFSET EDUCATION COSTS.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,387,448
Noncash contributions included in lines 1a–1f $475,077
Total Revenue from Contributions, Gifts, Grants & Similar$1,387,448
Total Program Service Revenue$168,835
Investment income $342,569
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$7,470
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,891,382

Grants Awarded

Over the last fiscal year, Wenatchee Valley College Foundation Inc has awarded $1,011,674 in support to 2 organizations.

Grant RecipientAmount

WENATCHEE VALLEY COLLEGE

PURPOSE: Scholarships

$644,141

WENATCHEE VALLEY COLLEGE

PURPOSE: General operating support

$367,533
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 6 grants that Wenatchee Valley College Foundation Inc has recieved totaling $674,931.

Awarding OrganizationAmount
Community Foundation Of North Central Washington

Wenatchee, WA

PURPOSE: VARIOUS PURPOSES AS APPROVED BY CFNCW BOARD

$518,341
A Z Wells Foundation

Wenatchee, WA

PURPOSE: OPERATIONAL SUPPORT

$52,545
A Z Wells Foundation

Wenatchee, WA

PURPOSE: OPERATIONAL SUPPORT

$52,545
Schwab Charitable Fund

San Francisco, CA

PURPOSE: EDUCATION

$26,500
Names Family Foundation

Fircrest, WA

PURPOSE: WVC ATHLETICS SUPPORT

$20,000
Names Family Foundation

Fircrest, WA

PURPOSE: RLS PRODUCTIONS SCHOLARSHIP

$5,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$11,136,081
Earnings-$1,943,470
Net Contributions$520,230
Other Expense$197,070
Grants$421,388
Ending Balance$9,094,383

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