Bellingham Technical College Foundation

Organization Overview

Bellingham Technical College Foundation is located in Bellingham, WA. The organization was established in 1995. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., 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. Bellingham Technical 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, Bellingham Technical College Foundation generated $1.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $911.8k during the year ending 06/2021. 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

ENHANCING INSTRUCTIONAL PROGRAMS AT BELLINGHAM TECHNICAL COLLEGE

Describe the Organization's Program Activity:

Part 3 - Line 4a

STUDENTS AND FACULTY RECEIVE SCHOLARSHIPS AND PROGRAM ENHANCEMENTS IN THE FORM OF CASH, COMPUTERS, SOFTWARE, INSTRUMENTAL EQUIPMENT, VEHICLES AND VEHICLE PARTS.


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Board, Officers & Key Employees

Name (title)Compensation
Mike Burke
President
$0
Charles Lauckhardt
Secretary
$0
Lin Nelson
Vice President
$0
Crystal Greear
Treasurer
$0
Pamela Brady
Past President
$0
David Blair
Emeritus
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$232,517
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$770,989
Noncash contributions included in lines 1a–1f $275,867
Total Revenue from Contributions, Gifts, Grants & Similar$1,003,506
Total Program Service Revenue$0
Investment income $90,593
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $112,186
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,206,285

Grants Recieved

Over the last fiscal year, we have identified 8 grants that Bellingham Technical College Foundation has recieved totaling $292,540.

Awarding OrganizationAmount
Mount Baker Foundation

Bellingham, WA

PURPOSE: SCHOLARSHIP

$100,000
Echo Valley Foundation

Lynden, WA

PURPOSE: SCHOLARSHIPS

$100,000
Whatcom Community Foundation

Bellingham, WA

PURPOSE: EDUCATION

$49,165
Eleanor And Henry Jansen Foundation

Bellingham, WA

PURPOSE: SCHOLARSHIPS

$15,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: EDUCATION

$10,000
Ferguson Foundation

Mount Vernon, WA

PURPOSE: SCHOLARSHIPS FOR POST-SECONDARY EDUCATION

$10,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$3,227,852
Earnings$1,028,477
Admin Expense$56,223
Net Contributions$314,000
Grants$187,668
Ending Balance$4,326,438

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