Foundation For International Understanding Through Students
- Assets
- $279.1k
- Revenue
- $944.3k
- Investments
- $0.0
- Employees
- 16
- Location
- Seattle, WA
- Founding
- 06/1950
- Data as of
- 06/2022
- EIN
- 91-0646781
Organization Overview
Foundation For International Understanding Through Students is located in Seattle, WA. The organization was established in 1950. According to its NTEE Classification (Q20) the organization is classified as: Promotion of International Understanding, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 06/2022, Foundation For International Understanding Through Students employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation For International Understanding Through Students 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, Foundation For International Understanding Through Students generated $944.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $886.4k during the year ending 06/2022. While expenses have increased by 0.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
FIUTS CONNECTS UNIVERSITY STUDENTS WITH LOCAL AND GLOBAL COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STUDENT PROGRAMS - FIUTS STUDENT PROGRAMS ENGAGE UNIVERSITY OF WASHINGTON STUDENTS AND SCHOLARS IN CROSS-CULTURAL EXPERIENCES, PROMOTING PEACE AND UNDERSTANDING BETWEEN PEOPLE AND COMMUNITIES. STUDENT PROGRAMS INCLUDE SOCIAL AND INTERCULTURAL EVENTS AND EXCURSIONS, EXPERIENTIAL LEADERSHIP, AND DIALOGUE-BASED PROGRAMMING AS WELL AS CAMPUS-WIDE ARTS AND CULTURE.
EDUCATION PROGRAMS - FIUTS EDUCATION PROGRAMS PROMOTE CONNECTIONS BETWEEN YOUNG PEOPLE AROUND THE WORLD, AND OFFER INTENSIVE OPPORTUNITIES FOR VISITING GROUPS OF YOUTH AND YOUNG ADULTS TO EXPLORE THE PUGET SOUND REGION AND BUILD SKILLS IN LEADERSHIP, COMMUNICATIONS, PROJECT PLANNING, AND COMMUNITY DEVELOPMENT.
COMMUNITY PROGRAMS - FIUTS COMMUNITY PROGRAMS MATCH LOCAL RESIDENTS WITH VISITING STUDENTS FOR SHORT-TERM HOMESTAYS, HOLIDAY CELEBRATIONS, WORKPLACE TOURS, AND NETWORKING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Greg Siegler President | OfficerTrustee | 4 | $0 |
Rich Millies Vice President | OfficerTrustee | 4 | $0 |
Duane Landon Treasurer | OfficerTrustee | 4 | $0 |
Lindsey Webb Secretary | OfficerTrustee | 4 | $0 |
Aditi Bhide Trustee | Trustee | 2 | $0 |
Caitlin Blomquist Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $51,388 |
| Related organizations | $0 |
| Government grants | $84,781 |
| All other contributions, gifts, grants, and similar amounts not included above | $272,769 |
| Noncash contributions included in lines 1a–1f | $123,898 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $408,938 |
| Total Program Service Revenue | $599,504 |
| Investment income | $4 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$31,939 |
| Net Income from Fundraising Events | -$32,883 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $944,311 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $5,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $90,000 |
| Compensation of current officers, directors, key employees. | $18,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $325,392 |
| Pension plan accruals and contributions | $8,532 |
| Other employee benefits | $44,105 |
| Payroll taxes | $37,923 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,008 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $54,889 |
| Advertising and promotion | $4,406 |
| Office expenses | $55,227 |
| Information technology | $8,721 |
| Royalties | $0 |
| Occupancy | $32,797 |
| Travel | $70,704 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $109 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,341 |
| All other expenses | $43,747 |
| Total functional expenses | $886,429 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $171,765 |
| Savings and temporary cash investments | $41,120 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $52,772 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $13,478 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $279,135 |
| Accounts payable and accrued expenses | $150,726 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $104,552 |
| Other liabilities | $0 |
| Total liabilities | $255,278 |
| Net assets without donor restrictions | $23,857 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $279,135 |