Bellevue College Foundation
- Assets
- $18.7m
- Revenue
- $2.5m
- Investments
- $1.4m
- Employees
- 0
- Location
- Bellevue, WA
- Founding
- 02/1979
- Data as of
- 06/2022
- EIN
- 91-1051671
Organization Overview
Bellevue College Foundation is located in Bellevue, WA. The organization was established in 1979. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Bellevue College Foundation 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, Bellevue College Foundation generated $2.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $2.1m during the year ending 06/2022. While expenses have increased by 5.3% 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
SUPPORTS BELLEVUE COLLEGE, ITS FACULTY AND ITS STUDENTS.(SEE FULL DESCRIPTION IN SCHEDULE O.) BELLEVUE COLLEGE FOUNDATION WORKS IN TANDEM WITH BELLEVUE COLLEGE TO GENERATE FUNDS FOR THE SCHOOL, SHARING STAFF AND FACILITIES WITH THE COLLEGE.THE FOUNDATION ADMINISTERS DONOR RESTRICTED FUNDS FOR THE BENEFIT OF VARIOUS DEPARTMENTS AND PROGRAMS OF BELLEVUE COLLEGE, FOR STUDENT SCHOLARSHIPS AND FOR FACULTY EXCELLENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BELLEVUE COLLEGE FOUNDATION PROVIDED GRANTS TO BELLEVUE COLLEGE AND A WIDE RANGE OF ITS PROGRAMS, ACTIVITIES AND DEPARTMENTS TO ENABLE INNOVATIONS, ENHANCEMENTS AND EXCELLENCE, NOT POSSIBLE THROUGH TUITION AND STATE SUPPORT. AMONG THESE GRANTS WERE 8 COMPETITIVE AWARDS OFFERED BY THE FOUNDATION TO FACULTY WHO DEVELOPED PROPOSALS FOR SPECIFIC NEW PROGRAMS, FOR CURRICULUM ENHANCEMENTS AND FOR NEW OR ENHANCED INSTRUCTIONAL RESOURCES. 4,546 MEMBERS AND UNDERWRITERS HELP KEEP REGIONAL PUBLIC RADIO STATION KBCS 91.3 ON THE AIR. UP TO 1,100 INTERNATIONAL STUDENTS WERE ABLE TO ENROLL AT BELLEVUE COLLEGE UNDER A SHARED FUNDING AGREEMENT BETWEEN THE FOUNDATION AND THE COLLEGE.
BELLEVUE COLLEGE FOUNDATION AWARDED SCHOLARSHIPS TO STUDENTS THAT REMOVED BARRIERS TO EDUCATION THAT TOO MANY UNDERSERVED, UNDER RESOURCED AND UNREPRESENTED PEOPLE FACE. 313 STUDENTS RECEIVED SUPPORT IN THE FORM OF TUITION, BOOKS OR FEES. ADDITIONALLY, 23 CHILD CARE SCHOLARSHIPS WERE AWARDED TO SO THAT PARENTS COULD ATTEND CLASSES, THUS REMOVING ANOTHER SIGNIFICANT BARRIER TO ATTENDING CLASSES. LASTLY, 45 STUDENT SUPPORT SCHOLARSHIPS WERE MADE TO STUDENTS WHO FACED ONE-TIME DIFFICULTIES THAT THREATENED THE SUCCESSFUL COMPLETION OF THEIR STUDIES SO THAT THEY COULD REMAIN IN THEIR PROGRAMS.
BELLEVUE COLLEGE FOUNDATION ENCOURAGES, RECOGNIZES AND REWARDS THE CREATIVE LEADERSHIP, CARE FOR STUDENTS, AND DRIVE FOR EXCEPTIONAL ACCOMPLISHMENTS EMBODIED IN THE FULL-TIME AND PART-TIME FACULTY, THE STAFF AND THE ADMINISTRATORS OF BELLEVUE COLLEGE. DURING THIS YEAR 5 INDIVIDUALS, NOMINATED BY THEIR PEERS AND THEIR STUDENTS, WERE RECOGNIZED WITH THE FOUNDATION'S "EXCELLENCE AWARDS OR OTHER AWARDS FOR THEIR EXCEPTIONAL AND INSPIRATIONAL DEDICATION AND SERVICE TO STUDENTS, TO STUDENT SUCCESS AND TO BELLEVUE COLLEGE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dana K Gray Board Member | Trustee | 2 | $0 |
Schwind Orr Board Member | Trustee | 2 | $0 |
Isabelle Banville Board Member | Trustee | 2 | $0 |
James R Chesemore Board Member | Trustee | 2 | $0 |
Carol M Taylor Board Member | Trustee | 2 | $0 |
Alexander E Hurt Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $10,490 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,148,921 |
| Noncash contributions included in lines 1a–1f | $194,250 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,159,411 |
| Total Program Service Revenue | $79,135 |
| Investment income | $699,578 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $70,377 |
| Net Income from Fundraising Events | $3,156 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,540,968 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $847,420 |
| Grants and other assistance to domestic individuals. | $428,485 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $176,160 |
| Compensation of current officers, directors, key employees. | $121,550 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $373,069 |
| Pension plan accruals and contributions | $2,426 |
| Other employee benefits | $4,986 |
| Payroll taxes | $2,093 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $281 |
| Fees for services: Accounting | $31,170 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $44,633 |
| Fees for services: Other | $0 |
| Advertising and promotion | $50,518 |
| Office expenses | $48,886 |
| Information technology | $31,217 |
| Royalties | $0 |
| Occupancy | $8,112 |
| Travel | $35 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $29,640 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,209 |
| All other expenses | $0 |
| Total functional expenses | $2,136,747 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $180,796 |
| Savings and temporary cash investments | $244,117 |
| Pledges and grants receivable | $60,306 |
| Accounts receivable, net | $15,303 |
| 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 | $22,955 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $14,006,525 |
| Investments—other securities | $1,353,766 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,831,679 |
| Total assets | $18,715,447 |
| Accounts payable and accrued expenses | $12,089 |
| Grants payable | $201,687 |
| 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 | $213,776 |
| Net assets without donor restrictions | $2,256,198 |
| Net assets with donor restrictions | $16,245,473 |
| 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 | $18,715,447 |