Washington Pulp & Paper Foundation Inc College Of Forest Resources
- Assets
- $5.4m
- Revenue
- $226.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 04/1969
- Data as of
- 06/2023
- EIN
- 91-0839203
Organization Overview
Washington Pulp & Paper Foundation Inc College Of Forest Resources is located in Seattle, WA. The organization was established in 1969. According to its NTEE Classification (B43) the organization is classified as: Universities, 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. Washington Pulp & Paper Foundation Inc College Of Forest Resources 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 06/2023, Washington Pulp & Paper Foundation Inc College Of Forest Resources generated $226.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (10.1%) each year. All expenses for the organization totaled $211.1k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (4.0%) per year over the past 4 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THE WPPF IS TO ATTRACT EXCELLENT STUDENTS TO BSE AND THUS PROVIDE THE INDUSTRY AND ITS ALLIED INDUSTRIES WITH A PIPELINE OF HIGHLY QUALIFIED TECHNICAL GRADUATES WHO UNDERSTAND AND ARE DEDICATED TO THE INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STUDENT SUPPORT COSTS INCLUDED SCHOLARSHIPS TO THE UNIVERSITY OF WASHINGTON BIORESOURCE SCIENCE AND ENGINEERING PROGRAM, RECRUITING STUDENTS TO THE PROGRAM, INTRODUCTIONS TO POTENTIAL EMPLOYERS AND MENTORING TO ENHANCE JOB PREPAREDNESS. MORE THAN 30 STUDENTS RECEIVED SUPPORT.
INSTRUCTIONAL SUPPORT PAID TO INDIVIDUALS TO TEACH COURSES OFFERED THROUGH THE SCHOOL OF ENVIRONMENTAL AND FOREST RESOURCES, TECHNICAL SUPPORT OF FOUNDATION EQUIPMENT. THE SCHOOL OF ENVIRONMENTAL AND FOREST RESOURCES DONATES SPACE TO THE FOUNDATION AT AN ESTIMATED COST OF $7,025.
FOUNDATION MEETING FOR PROSPECTIVE DONORS TO MEET CURRENT PROGRAM STUDENT SCHOLARS RECEIVING FOUNDATION SUPPORT AND FACULTY TO DISCUSS DEVELOPMENTS IN THE PROFESSION. ANNUAL MEETING ATTENDEES INCLUDE INDUSTRY REPRESENTATIVES, STUDENTS, FACULTY OF THE SCHOOL AND PROGRAM ALUMNI. PAST EXECUTIVE DIRECTORS AND PAST PRESIDENT'S ATTEND THE MEETING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Roberts Executive Director | OfficerTrustee | 20 | $0 |
Craig Anneberg Director | Trustee | 0 | $0 |
Graham Bailey Director | Trustee | 0 | $0 |
Tom Blake Director | Trustee | 0 | $0 |
Kenneth W Blankenship II Director | Trustee | 0 | $0 |
Todd Brooks Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $79,330 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $17,109 |
| Noncash contributions included in lines 1a–1f | $7,025 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $96,439 |
| Total Program Service Revenue | $0 |
| Investment income | $130,172 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $226,611 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $80,902 |
| Compensation of current officers, directors, key employees. | $13,196 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $95,461 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $7,845 |
| Information technology | $2,117 |
| Royalties | $0 |
| Occupancy | $7,025 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,709 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $211,059 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $276,064 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $14,038 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $5,080,922 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,371,024 |
| Accounts payable and accrued expenses | $15,858 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $15,858 |
| Net assets without donor restrictions | $1,442,766 |
| Net assets with donor restrictions | $3,912,400 |
| 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 | $5,371,024 |