Cascadia College Foundation
- Assets
- $3.2m
- Revenue
- $557.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Bothell, WA
- Founding
- 03/2000
- Data as of
- 06/2021
- EIN
- 91-1986593
Organization Overview
Cascadia College Foundation is located in Bothell, WA. The organization was established in 2000. 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. Cascadia 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT CASCADIA COLLEGE'S EFFORTS TO ENHANCE STUDENT SUCCESS AND STRENGTHEN OUR COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STUDENT SCHOLARSHIPS: AWARDED ANNUALLY FUNDED, ENDOWMENT FUNDED, BOARD AND GRANT FUNDED SCHOLARSHIPS TO 131 STUDENTS.
STUDENT GRANTS: AWARDED EMERGENCY GRANTS, TRANSPORTATION AND GED TESTING ASSISTANCE, AND VOUCHERS FOR BOOKS AND SUPPLIES TO 184 STUDENTS.
EDUCATION-RELATED COLLEGE SUPPORT: SUPPORT STUDENT, FACULTY AND STAFF THROUGH COMMUNITY OUTREACH AND KEY COLLEGE PROGRAMS - INCLUDING THE REDMOND IN THE TOGETHER CENTER, CAMPUS FOOD PANTRY, EMPLOYEE RECOGNITION AWARDS, INTERNATIONAL PROGRAMS HOSTING AND COMMUNITY DEVELOPMENT, AND COLLEGE PRESIDENT'S DISCRETIONARY FUND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelly Snyder Chair | OfficerTrustee | 10 | $0 |
Alex Degolia Vice Chair | OfficerTrustee | 5 | $0 |
Grete Schultz Secretary | OfficerTrustee | 5 | $0 |
Stephanie Lizza Treasurer | OfficerTrustee | 5 | $0 |
Rob Karlinsey Director | Trustee | 5 | $0 |
Jackie Hizzey Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $547,234 |
| Investment income | $9,306 |
| 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 | $557,918 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $131,230 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| 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 | $13,098 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $21,625 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,057 |
| Office expenses | $1,116 |
| Information technology | $1,848 |
| Royalties | $0 |
| Occupancy | $1,200 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $39 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,190 |
| All other expenses | $0 |
| Total functional expenses | $184,762 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $390,000 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $52,749 |
| 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 | $0 |
| Investments—publicly traded securities | $2,710,835 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,153,584 |
| Accounts payable and accrued expenses | $20,896 |
| Grants payable | $165,863 |
| 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 | $186,759 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $2,966,825 |