Civic Intelligence

Washington State University Foundation

990T • Fiscal year 2024 • EIN 91-1075542

Jul 01, 2023 to Jun 30, 2024 • Filed on Apr 15, 2025

PO Box 641927Pullman, WA 99164-1927

(509) 335-6686

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2024

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2024

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2024

Asset Growth

Score unavailable

No value available

No valid filing value is available for this score.

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

-

No earlier filing loaded for comparison.

Net Assets

-

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue

-

No earlier filing loaded for comparison.

Expenses

-

No earlier filing loaded for comparison.

Net Income

-

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.

$800M$600M$400M$200M$0Assets 2011: $357,547,472Liabilities 2011: $36,566,797Net Assets 2011: $320,980,6752011Assets 2012: $382,442,959Liabilities 2012: $34,169,823Net Assets 2012: $348,273,1362012Assets 2013: $409,129,712Liabilities 2013: $33,011,230Net Assets 2013: $376,118,4822013Assets 2014: $473,887,611Liabilities 2014: $35,011,985Net Assets 2014: $438,875,6262014Assets 2015: $506,626,028Liabilities 2015: $34,170,876Net Assets 2015: $472,455,1522015Assets 2016: $490,993,123Liabilities 2016: $30,748,663Net Assets 2016: $460,244,4602016Assets 2017: $525,634,434Liabilities 2017: $16,865,680Net Assets 2017: $508,768,7542017Assets 2018: $559,607,778Liabilities 2018: $16,345,766Net Assets 2018: $543,262,0122018Assets 2019: $571,183,526Liabilities 2019: $16,735,932Net Assets 2019: $554,447,5942019Assets 2020: $556,928,680Liabilities 2020: $15,522,409Net Assets 2020: $541,406,2712020Assets 2021: $715,596,678Liabilities 2021: $16,388,468Net Assets 2021: $699,208,2102021Assets 2022: $699,641,456Liabilities 2022: $16,561,766Net Assets 2022: $683,079,6902022Assets 2023: $722,665,894Liabilities 2023: $15,330,487Net Assets 2023: $707,335,4072023Assets 2024: $777,233,513Liabilities 2024: $15,979,967Net Assets 2024: $761,253,5462024

Latest loaded filing

2024

Assets$777,233,513
Liabilities$15,979,967
Net Assets$761,253,546

Operations Trend

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

$200M$150M$100M$50M$0-$50MRevenue 2011: $58,866,173Expenses 2011: $54,545,648Net Income 2011: $4,320,5252011Revenue 2012: $91,838,689Expenses 2012: $55,493,286Net Income 2012: $36,345,4032012Expenses 2013: $56,631,9012013Revenue 2014: $83,392,058Expenses 2014: $65,869,290Net Income 2014: $17,522,7682014Revenue 2015: $114,890,223Expenses 2015: $73,048,764Net Income 2015: $41,841,4592015Revenue 2016: $75,399,158Expenses 2016: $70,818,265Net Income 2016: $4,580,8932016Revenue 2017: $99,541,065Expenses 2017: $71,804,554Net Income 2017: $27,736,5112017Revenue 2018: $97,086,388Expenses 2018: $74,682,449Net Income 2018: $22,403,9392018Revenue 2019: $94,303,615Expenses 2019: $80,368,896Net Income 2019: $13,934,7192019Revenue 2020: $88,334,826Expenses 2020: $81,001,219Net Income 2020: $7,333,6072020Revenue 2021: $105,370,989Expenses 2021: $84,144,117Net Income 2021: $21,226,8722021Revenue 2022: $157,487,648Expenses 2022: $101,555,684Net Income 2022: $55,931,9642022Revenue 2023: $106,044,352Expenses 2023: $107,829,775Net Income 2023: -$1,785,4232023Revenue 2024: $111,558,149Expenses 2024: $107,425,945Net Income 2024: $4,132,2042024

Latest loaded filing

2024

Revenue$111,558,149
Expenses$107,425,945
Net Income$4,132,204
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Apr 15, 2025
Return Version
2023v8.0
Mission and Program Overview

Mission

The mission of the Foundation is to promote, accept, and maximize private support for programs, initiatives, and properties of Washington State University and its regional campuses. The Foundation also prudently manages, invests, and stewards assets entrusted to it.

Filing and Contact Details

Filer

Filer Name
Washington State University Foundation
EIN
91-1075542
Phone
5093356686
Address
PO BOX 641927, PULLMAN, WA 99164-1927

Signing Officer

Name
Hao-yu Chiu
Title
CFO
Phone
5093356686
Signed
2025-04-15
Discuss with paid preparer
Yes

Preparer

Firm
Kpmg Llp
Address
1300 SW 5TH AVENUE SUITE 3800, PORTLAND, OR 97201
Preparer
David M Highfill
Phone
5032216500
Raw XML Appendix124 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.

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IRS990T/ItmzdSupplementalInfoGrp/ExplanationTxt0THE WSU FOUNDATION IS A WASHINGTON NONPROFIT CORPORATION AND TAX-EXEMPT ORGANIZATION UNDER IRC SECTION 501(C)(3), WHICH EXIST FOR THE SOLE AND EXCLUSIVE BENEFIT OF WASHINGTON STATE UNIVERSITY, A PUBLIC INSTITUTION OF HIGHER EDUCATION AND AN AGENCY OF THE STATE OF WASHINGTON. THE WSU FOUNDATION QUALIFIES AS A PUBLIC CHARITY UNDER BOTH IRC SECTIONS 509(A)(1), AS DESCRIBED IN IRC SECTION 170(B)(1)(A)(IV), AND 509(A)(3), AS A TYPE III FUNCTIONALLY INTEGRATED SUPPORTING ORGANIZATION. THE WSU FOUNDATION IS: (A) OPERATED IN CONNECTION WITH WASHINGTON STATE UNIVERSITY PER ITS ARTICLES OF INCORPORATION; (B) RESPONSIVE TO WASHINGTON STATE UNIVERSITY THROUGH APPOINTMENT OF THE UNIVERSITY PRESIDENT AND A BOARD OF REGENTS (I.E., GOVERNING BOARD OF THE UNIVERSITY) REPRESENTATIVE SERVING ON THE WSU FOUNDATION'S GOVERNING BOARD PER ITS BYLAWS; (C) ENGAGED IN FUNDRAISING OF PRIVATE SUPPORT AND INVESTMENT MANAGEMENT OF ENDOWED FUNDS IN SUPPORT OF THE MISSION AND INITIATIVES OF WASHINGTON STATE UNIVERSITY, AND THAT, BUT FOR THE INVOLVEMENT OF THE WSU FOUNDATION, THESE FUNCTIONS WOULD OTHERWISE BE PERFORMED BY WASHINGTON STATE UNIVERSITY; AND (D) SUPPORTIVE OF A GOVERNMENTAL ENTITY IN WASHINGTON STATE UNIVERSITY. ACCORDINGLY, THE WSU FOUNDATION QUALIFIES AS A "QUALIFIED ORGANIZATION" FOR PURPOSES OF EXEMPTION FROM DEBT-FINANCED INCOME UNDER IRC SECTION 514(C)(9).
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ReturnHeader/ReturnTs02025-04-25T13:26:20-05:00
ReturnHeader/ReturnTypeCd0990T
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$777$16.0$761$112$107$4.13
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.
2023Detailed filing. Detailed filing data is available for this year.$723$15.3$707$106$108$1.79
2022Detailed filing. Detailed filing data is available for this year.$700$16.6$683$157$102$55.9
2021Detailed filing. Detailed filing data is available for this year.$716$16.4$699$105$84.1$21.2
2020Detailed filing. Detailed filing data is available for this year.$557$15.5$541$88.3$81.0$7.33
2019Summary only. Only limited summary data is available for this year.$571$16.7$554$94.3$80.4$13.9
2018Summary only. Only limited summary data is available for this year.$560$16.3$543$97.1$74.7$22.4
2017Summary only. Only limited summary data is available for this year.$526$16.9$509$99.5$71.8$27.7
2016Summary only. Only limited summary data is available for this year.$491$30.7$460$75.4$70.8$4.58
2015Summary only. Only limited summary data is available for this year.$507$34.2$472$115$73.0$41.8
2014Summary only. Only limited summary data is available for this year.$474$35.0$439$83.4$65.9$17.5
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$409$33.0$376$56.6
2012Summary only. Only limited summary data is available for this year.$382$34.2$348$91.8$55.5$36.3
2011Summary only. Only limited summary data is available for this year.$358$36.6$321$58.9$54.5$4.32