Centralia College Foundation

Organization Overview

Centralia College Foundation is located in Centralia, WA. The organization was established in 1983. 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. Centralia 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 06/2021, Centralia College Foundation generated $1.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $922.3k during the year ending 06/2021. While expenses have increased by 2.5% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

CREATING OPPORTUNITIES TO IMPROVE STUDENTS' LIVES, ENABLE SUCCESS, AND STRENGTHEN OUR COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION PROVIDES SCHOLARSHIP AWARDS TO STUDENTS, STAFF, AND FACULTY. SCHOLARSHIPS FOR STUDENTS PROVIDE FINANCIAL ASSISTANCE TOWARD TUITION AND FEES. SCHOLARSHIPS AND AWARDS FOR STAFF AND FACULTY PROVIDE EQUIPMENT FOR PROVIDING SERVICES OR INSTRUCTION, OR FUNDS FOR PROFESSIONAL DEVELOPMENT OR ENRICHMENT.


THE FOUNDATION PROVIDES SUPPORT FOR COLLEGE PROGRAMS AND DEPARTMENTS THROUGH THE PURCHASE OF EQUIPMENT, SOFTWARE, MACHINERY AND OTHER NECESSARY ITEMS IN ORDER TO ENHANCE COLLEGE SERVICES OR IMPROVE OPPORTUNITIES FOR STUDENTS' EDUCATIONAL EXPERIENCE.


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Board, Officers & Key Employees

Name (title)Compensation
Joe Dolezal
President
$0
Dr Robert Mohrbacher
Secretary
$0
John Klumper
Vice President
$0
Michelle Davis
Treasurer
$0
Christine Fossett
Executive Director
$0
Rebecca Mcgee
Director At Large
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$46,406
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,268,412
Noncash contributions included in lines 1a–1f $7,837
Total Revenue from Contributions, Gifts, Grants & Similar$1,314,818
Total Program Service Revenue$0
Investment income $31,146
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $30,616
Net Gain/Loss on Asset Sales $573,772
Net Income from Fundraising Events -$5,984
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,944,368

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Centralia College Foundation has recieved totaling $102,567.

Awarding OrganizationAmount
The Seattle Foundation

Seattle, WA

PURPOSE: TO SUPPORT ONE SWIFT CENTER CLASSROOM; TO PROVIDE GENERAL SUPPORT

$87,500
Dennis R Washington Foundation Inc

Missoula, MT

PURPOSE: DIESEL TECHNICIAN SCHOLARSHIPS

$10,000
Lawrence M Shaw Foundation

Seattle, WA

PURPOSE: SUPPORT FOUR YEAR SCHOLARSHIP PROGRAM

$5,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$67
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$13,034,565
Earnings$3,140,923
Net Contributions$405,959
Grants$759,522
Ending Balance$15,821,925

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