Civic Intelligence

Seattle Colleges Foundation

990 • Fiscal year 2019 • EIN 83-0551671

Jul 01, 2018 to Jun 30, 2019 • Filed on Mar 17, 2020

1500 Harvard AvenueSeattle, WA 98122

(206) 934-3057

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

27th percentile

0.06x

Higher debt load relative to assets than 27% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Liabilities / Revenue

54th percentile

0.34x

Higher debt load relative to revenue than 54% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Net Margin

95th percentile

66%

Higher net margin than 95% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Top Officer Pay

20th percentile

$144,401

Higher top officer pay than 20% of similar nonprofits.

Top officer pay equals 3.4% of source-year revenue.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Asset Growth

100th percentile

16729%

Faster asset growth than 100% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2018 to 2019

Revenue Growth

99th percentile

2763%

Faster revenue growth than 99% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2018 to 2019

Assets

Up

$25,244,400

Up $25,094,398 (+16729%) from 2018

Net Assets

Up

$23,774,906

Up $23,624,904 (+15750%) from 2018

Liabilities

$1,469,494

No earlier filing loaded for comparison.

Revenue

Up

$4,294,960

Up $4,144,958 (+2763%) from 2018

Expenses

$1,442,297

No earlier filing loaded for comparison.

Net Income

$2,852,663

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60M$40M$20M$0Assets 2018: $150,002Net Assets 2018: $150,0022018Assets 2019: $25,244,400Liabilities 2019: $1,469,494Net Assets 2019: $23,774,9062019Assets 2020: $28,531,003Liabilities 2020: $1,628,188Net Assets 2020: $26,902,8152020Assets 2021: $39,190,502Liabilities 2021: $2,133,930Net Assets 2021: $37,056,5722021Assets 2022: $39,190,214Liabilities 2022: $1,692,189Net Assets 2022: $37,498,0252022Assets 2023: $46,195,749Liabilities 2023: $2,017,065Net Assets 2023: $44,178,6842023Assets 2024: $49,957,100Liabilities 2024: $2,549,974Net Assets 2024: $47,407,1262024Assets 2025: $51,307,609Liabilities 2025: $3,893,480Net Assets 2025: $47,414,1292025

Highlighted filing

2019

Assets$25,244,400
Liabilities$1,469,494
Net Assets$23,774,906

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MRevenue 2018: $150,0022018Revenue 2019: $4,294,960Expenses 2019: $1,442,297Net Income 2019: $2,852,6632019Revenue 2020: $5,196,384Expenses 2020: $2,370,768Net Income 2020: $2,825,6162020Revenue 2021: $7,252,999Expenses 2021: $2,155,345Net Income 2021: $5,097,6542021Revenue 2022: $8,381,764Expenses 2022: $3,194,974Net Income 2022: $5,186,7902022Revenue 2023: $10,086,736Expenses 2023: $5,623,197Net Income 2023: $4,463,5392023Revenue 2024: $7,290,775Expenses 2024: $7,131,471Net Income 2024: $159,3042024Revenue 2025: $5,475,653Expenses 2025: $8,366,217Net Income 2025: -$2,890,5642025

Highlighted filing

2019

Revenue$4,294,960
Expenses$1,442,297
Net Income$2,852,663
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Mar 17, 2020
Return Version
2018v3.1
Gross Receipts
$4,392,782
Mission and Program Overview

Mission

The seattle colleges foundation catalyzes community support to advance the mission, work and impact of seattle colleges. We engage our community to transform lives, promote equity and increase access to quality, affordable education.

We catalyze community support to advance the mission, work and impact of seattle colleges.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities-$20,421,531-
Pledges and Grants Receivable-$1,974,517-
Savings and Temporary Cash Investments-$1,454,729-
Cash and Non-Interest-Bearing Accounts$150,002$815,061▲ $665,059
Land, Buildings, and Equipment, Net$0$577,000▲ $577,000
Prepaid Expenses and Deferred Charges-$1,562-
Total Assets$150,002$25,244,400▲ $25,094,398
Liabilities
Grants Payable-$1,452,238-
Accounts Payable and Accrued Expenses-$17,256-
Total Liabilities$0$1,469,494▲ $1,469,494
Net Assets / Fund Balance
Temporarily Rstr Net Assets-$20,513,995-
Unrestricted Net Assets$150,002$3,260,911▲ $3,110,909
Total Net Assets Fund Balance$150,002$23,774,906▲ $23,624,904
Total Liabilities and Net Assets / Fund Balance$150,002$25,244,400▲ $25,094,398

Asset Categories

AssetBook ValueDepreciationBasis
Land$577,000-$577,000

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018-$17,094,350▲ $1,309,923$735,737$17,668,536
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Traci RussellExecutive DirectorFT$121,727$22,674$144,401
Kerry HowellChief Executive OfficerFT$32,583$4,647$37,230

Board Members and Trustees

NameTitle
Rick DavisChair
Keith ShreiberVice Chair
Frederick KigaDirector
Jon FineDirector
Joseph JahnDirector
Melba BartelsDirector
Richard LockeDirector
Scott ElyDirector
Shiao-yen WuDirector
Barbara DingfieldSecretary
Justin MartinTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,788,295
Program Service Revenue
$0
Investment Income
$1,506,665
Other Revenue
$0
All Other Contributions
$2,437,455
Change in Net Assets
$2,852,663

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$79,578Fair Market Value (FMV)
Total Noncash Contributions1$79,578-

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,250,715
Revenue Not Reported on Financial Statements
$44,245
Revenue Not Reported on Form 990
$1,025,187
Total Revenue per Audited Statements
$5,275,902
Total Revenue per Form 990
$4,294,960
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,005,465
Other Expenses$436,832
Total Fundraising Expense$84,573
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$1,005,465--$1,005,465
Fees for Services Other$28,100$24,587$36,723$89,410
Fees for Services Accounting-$66,323-$66,323
Fees for Services Legal-$57,287-$57,287
Fees for Service Investment Mgmnt Fees-$44,245-$44,245
Office Expenses$9,105$7,967$11,382$28,454
All Other Expenses$4,920$4,573$6,152$15,645
Conferences and Meetings$3,062$944$4,812$8,818
Other Expenses$7,017$532$9,092$7,017
Travel$458$413$3,762$4,633
Insurance-$3,171-$3,171
Total Functional Expenses$1,147,682$210,042$84,573$1,442,297

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,082,597
Total Expenses per Form 990$1,442,297
Expenses per Audited Statements$1,398,052
Expenses Not Reported on Form 990$684,545
Expenses Not Reported on Financial Statements$44,245
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$97,822
Fundraising Gross Income$97,822
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Auction$448,662$97,822$13,200$84,622
Total Events$448,662$97,822$97,822$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
Yes
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 1

Source exec. Comm. Charter: executive committee can act with full authority of the board between board meetings, subject to statutory and board-imposed limitations on committee action as stated in the bylaws.

Form 990, Part VI, Section B, Line 11B

The form 990 is emailed out to the board of directors prior to filing.

Form 990, Part VI, Section B, Line 12C

Each board member is required to disclose any conflicts of interest and if a conflict exists the board member recuses themself from voting.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents , conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Seattle Colleges Foundation
EIN
83-0551671
Phone
2069343057
Address
1500 HARVARD AVENUE, SEATTLE, WA 98122

Signing Officer

Name
Kerry Howell
Title
Chief Executive Officer
Phone
2069343057
Signed
2020-03-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Traci Russell
Formed
2018
Legal Domicile
Wa
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
150

Preparer

Firm
Bdo USA Llp
Address
601 UNION ST STE 2300, SEATTLE, WA 98101-2345
Preparer
Ray Holmdahl
Phone
2063827777
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Transfer from foundations 20,431,599.

Financial Statement Notes

PART V, LINE 4:

The foundation's endowment consists of 116 funds established for two primary purposes: (1) provide scholarships for students attending the north, central, and south seattle colleges and (2) support academic programs of the north, central, and south seattle colleges.

Raw XML AppendixShowing 400 of 493 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt017256
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0WE CATALYZE COMMUNITY SUPPORT TO ADVANCE THE MISSION, WORK AND IMPACT OF SEATTLE COLLEGES.
IRS990/AllOtherContributionsAmt02437455
IRS990/AllOtherExpensesGrp/FundraisingAmt06152
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt04573
IRS990/AllOtherExpensesGrp/ProgramServicesAmt04920
IRS990/AllOtherExpensesGrp/TotalAmt015645
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0KERRY HOWELL
IRS990/BooksInCareOfDetail/PhoneNum02069343057
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01500 HARVARD AVENUE
IRS990/BooksInCareOfDetail/USAddress/CityNm0SEATTLE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd098122
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0150002
IRS990/CashNonInterestBearingGrp/EOYAmt0815061
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd01
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/FundraisingAmt04812
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0944
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt03062
IRS990/ConferencesMeetingsGrp/TotalAmt08818
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContriRptFundraisingEventAmt0350840
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt02788295
IRS990/CYGrantsAndSimilarPaidAmt01005465
IRS990/CYInvestmentIncomeAmt01506665
IRS990/CYOtherExpensesAmt0436832
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt02852663
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt01442297
IRS990/CYTotalFundraisingExpenseAmt084573
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt04294960
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd01
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0STUDENT SCHOLARSHIPS: SEATTLE COLLEGES IS AN INCLUSIVE, OPEN-ACCESS INSTITUTION, AND WE RECOGNIZE THAT SIGNIFICANT GAPS IN EDUCATIONAL ATTAINMENT PERSIST FOR FIRST-GENERATION STUDENTS, STUDENTS OF COLOR, AND STUDENTS FACING ECONOMIC CHALLENGES. SCHOLARSHIPS REMOVE FINANCIAL BARRIERS TO COLLEGE ENROLLMENT, REDUCE STUDENT DEBT, AND CORRELATE WITH CERTIFICATE/DEGREE COMPLETION, CAREER ATTAINMENT, AND A HIGHLY QUALIFIED WORK FORCE.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01005465
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt066323
IRS990/FeesForServicesAccountingGrp/TotalAmt066323
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt057287
IRS990/FeesForServicesLegalGrp/TotalAmt057287
IRS990/FeesForServicesOtherGrp/FundraisingAmt036723
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt024587
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt028100
IRS990/FeesForServicesOtherGrp/TotalAmt089410
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt044245
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt044245
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt03.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt13.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt23.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt33.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1136.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1240.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1122674
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt124647
IRS990/Form990PartVIISectionAGrp/PersonNm0RICK DAVIS
IRS990/Form990PartVIISectionAGrp/PersonNm1KEITH SHREIBER
IRS990/Form990PartVIISectionAGrp/PersonNm2JUSTIN MARTIN
IRS990/Form990PartVIISectionAGrp/PersonNm3BARBARA DINGFIELD
IRS990/Form990PartVIISectionAGrp/PersonNm4MELBA BARTELS
IRS990/Form990PartVIISectionAGrp/PersonNm5SCOTT ELY
IRS990/Form990PartVIISectionAGrp/PersonNm6JON FINE
IRS990/Form990PartVIISectionAGrp/PersonNm7JOSEPH JAHN
IRS990/Form990PartVIISectionAGrp/PersonNm8FREDERICK KIGA
IRS990/Form990PartVIISectionAGrp/PersonNm9RICHARD LOCKE
IRS990/Form990PartVIISectionAGrp/PersonNm10SHIAO-YEN WU
IRS990/Form990PartVIISectionAGrp/PersonNm11TRACI RUSSELL
IRS990/Form990PartVIISectionAGrp/PersonNm12KERRY HOWELL
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11121727
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1232583
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12CHIEF EXECUTIVE OFFICER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02018
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt0350840
IRS990/FundraisingDirectExpensesAmt097822
IRS990/FundraisingGrossIncomeAmt097822
IRS990/GainOrLossGrp/SecuritiesAmt01186230
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantAmt01005465
IRS990/GrantsPayableGrp/EOYAmt01452238
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt01005465
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt01005465
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt01186230
IRS990/GrossReceiptsAmt04392782
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt03171
IRS990/InsuranceGrp/TotalAmt03171
IRS990/InvestmentIncomeGrp/ExclusionAmt0320435
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0320435
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt020421531
IRS990/IRPDocumentCnt012
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0577000
IRS990/LandBldgEquipCostOrOtherBssAmt0577000
IRS990/LegalDomicileStateCd0WA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE SEATTLE COLLEGES FOUNDATION CATALYZES COMMUNITY SUPPORT TO ADVANCE THE MISSION, WORK AND IMPACT OF SEATTLE COLLEGES. WE ENGAGE OUR COMMUNITY TO TRANSFORM LIVES, PROMOTE EQUITY AND INCREASE ACCESS TO QUALITY, AFFORDABLE EDUCATION.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0150002
IRS990/NetAssetsOrFundBalancesEOYAmt023774906
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt01186230
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt01186230
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0340642
IRS990/NoncashContributionsAmt079578
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt011382
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt07967
IRS990/OfficeExpensesGrp/ProgramServicesAmt09105
IRS990/OfficeExpensesGrp/TotalAmt028454
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt020431599
IRS990/OtherExpensesGrp/Desc0AUCTION ITEM PURCHASES
IRS990/OtherExpensesGrp/Desc1STEWARDSHIP
IRS990/OtherExpensesGrp/Desc2BANK FEES
IRS990/OtherExpensesGrp/Desc3OTHER AWARDS
IRS990/OtherExpensesGrp/FundraisingAmt01000
IRS990/OtherExpensesGrp/FundraisingAmt111650
IRS990/OtherExpensesGrp/FundraisingAmt29092
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0532
IRS990/OtherExpensesGrp/ProgramServicesAmt089555
IRS990/OtherExpensesGrp/ProgramServicesAmt17017
IRS990/OtherExpensesGrp/TotalAmt090555
IRS990/OtherExpensesGrp/TotalAmt111650
IRS990/OtherExpensesGrp/TotalAmt29624
IRS990/OtherExpensesGrp/TotalAmt37017
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01974517
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01562
IRS990/PrincipalOfficerNm0TRACI RUSSELL
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0ACADEMIC PROGRAM SUPPORT: SEATTLE COLLEGES PROVIDES A COMPREHENSIVE ARRAY OF HIGH QUALITY ASSOCIATE'S, BACHELOR'S, AND TECHNICAL AND PROFESSIONAL DEGREE PROGRAMS. PROGRAM GRANTS FORTIFY PROVEN STUDENT SUCCESS INITIATIVES, UPDATE ACADEMIC PROGRAM OFFERINGS, ENHANCE PROFESSIONAL DEVELOPMENT OPPORTUNITIES FOR FACULTY AND STAFF, AND MODERNIZE STATE-OF-THE-ART FACILITIES AND TECHNOLOGY.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0142217
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0150000
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt02
IRS990/PYOtherExpensesAmt00
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0150002
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt00
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0150002
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt02852663
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01454729
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02788295
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0150000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02938295
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0320435
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt02
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0320437
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt02938295
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02788295
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0150000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02938295
IRS990ScheduleA/TotalSupportAmt03258732
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.08760
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt017094350
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt017668536
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt01309923
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0735737
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0684545
IRS990ScheduleD/DonatedServicesUseFcltsAmt0684545
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt0684545
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt044245
IRS990ScheduleD/ExpensesSubtotalAmt01398052
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt044245
IRS990ScheduleD/InvestmentExpensesNotIncldAmt044245
IRS990ScheduleD/LandGrp/BookValueAmt0577000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0577000
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0340642
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.74140
IRS990ScheduleD/RevenueNotReportedAmt01025187
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt044245
IRS990ScheduleD/RevenueSubtotalAmt04250715
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION'S ENDOWMENT CONSISTS OF 116 FUNDS ESTABLISHED FOR TWO PRIMARY PURPOSES: (1) PROVIDE SCHOLARSHIPS FOR STUDENTS ATTENDING THE NORTH, CENTRAL, AND SOUTH SEATTLE COLLEGES AND (2) SUPPORT ACADEMIC PROGRAMS OF THE NORTH, CENTRAL, AND SOUTH SEATTLE COLLEGES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.17100
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0577000
IRS990ScheduleD/TotalExpensesPerForm990Amt01442297
IRS990ScheduleD/TotalRevenuePerForm990Amt04294960
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05275902
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02082597
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0350840
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0350840
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt097822
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0AUCTION
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt059655
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt059655
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0448662
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0448662
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt097822
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt097822
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt013200
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt013200
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt024967
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt024967
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt01005465
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0325
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0SCHOLARSHIP AMOUNTS FOR EACH FUND ARE CALCULATED EACH FISCAL YEAR. STUDENT'S APPLY FOR SCHOLARSHIPS THOUGH SCF'S AWARD MANAGEMENT SYSTEM. THE SCF TEAM ENTERS SPECIFIC DONOR RESTRICTIONS PER AWARD INTO THE SYSTEM EACH YEAR. THE ADVANCEMENT TEAM MATCHES STUDENTS TO AWARDS BASED ON DONOR RESTRICTIONS AND REVIEWERS SCORES. REVIEWERS ARE COMPRISED OF INTERNAL COLLEGE STAFF AND COMMUNITY MEMBERS, AND RATE APPLICATIONS BASED ON SCF'S ESTABLISHED RUBRIC.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THE COMPENSATION AMOUNTS REPORTED ON FORM 990, PART VII, SECTION A FOR TRACI RUSSELL AND KERRY HOWELL WERE PAID BY AN UNRELATED ORGANIZATION, SEATTLE COLLEGES, FOR SERVICES PROVIDED TO SEATTLE COLLEGES FOUNDATION.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VII, SECTION A
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt01
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0SUPPLIES, EQUIPMENT, GOODS
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0FMV
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt079578
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd01
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SOURCE EXEC. COMM. CHARTER: EXECUTIVE COMMITTEE CAN ACT WITH FULL AUTHORITY OF THE BOARD BETWEEN BOARD MEETINGS, SUBJECT TO STATUTORY AND BOARD-IMPOSED LIMITATIONS ON COMMITTEE ACTION AS STATED IN THE BYLAWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS EMAILED OUT TO THE BOARD OF DIRECTORS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH BOARD MEMBER IS REQUIRED TO DISCLOSE ANY CONFLICTS OF INTEREST AND IF A CONFLICT EXISTS THE BOARD MEMBER RECUSES THEMSELF FROM VOTING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS , CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TRANSFER FROM FOUNDATIONS 20,431,599.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9:

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings