Civic Intelligence

Community Foundation for Sw Washington

EIN 91-1246778 • 501(c)3 • Vancouver, WA

Profile

The foundations mission is to inspire a culture of giving to create a vibrant and engaged community. Since our founding in 1984, we have granted more than $137 million.

610 Esther Street 201Vancouver, WA 98660

www.cfsww.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

11th percentile

0.02x

Higher debt load relative to assets than 11% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Source year 2024

Liabilities / Revenue

26th percentile

0.22x

Higher debt load relative to revenue than 26% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Source year 2024

Net Margin

79th percentile

19%

Higher net margin than 79% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Source year 2024

Top Officer Pay

11th percentile

$301,270

Higher top officer pay than 11% of similar nonprofits.

Top officer pay equals 0.7% of source-year revenue.

501(c)3 • $250M-$1B nonprofits • Source year 2024

Asset Growth

49th percentile

5.8%

Faster asset growth than 49% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Annualized from 2023 to 2024

Revenue Growth

98th percentile

244%

Faster revenue growth than 98% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Annualized from 2023 to 2024

Assets

Up

$401,843,003

Up $22,167,471 (+5.8%) from 2023

Liabilities

Up

$9,294,213

Up $89,409 (+1.0%) from 2023

Net Assets

Up

$392,548,790

Up $22,078,062 (+6.0%) from 2023

Revenue

Up

$42,748,028

Up $30,307,294 (+244%) from 2023

Expenses

Up

$34,597,892

Up $10,396,889 (+43%) from 2023

Net Income

Up

$8,150,136

Up $19,910,405 (+169%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600M$400M$200M$0Assets 2010: $60,827,236Liabilities 2010: $2,922,594Net Assets 2010: $57,904,6422010Assets 2011: $57,827,280Liabilities 2011: $3,063,478Net Assets 2011: $54,763,8022011Assets 2012: $62,321,268Liabilities 2012: $3,291,909Net Assets 2012: $59,029,3592012Assets 2013: $80,166,552Liabilities 2013: $3,077,047Net Assets 2013: $77,089,5052013Assets 2014: $83,614,999Liabilities 2014: $2,817,426Net Assets 2014: $80,797,5732014Assets 2015: $102,940,316Liabilities 2015: $2,687,899Net Assets 2015: $100,252,4172015Assets 2016: $181,372,576Liabilities 2016: $2,537,896Net Assets 2016: $178,834,6802016Assets 2017: $283,267,945Liabilities 2017: $2,388,263Net Assets 2017: $280,879,6822017Assets 2018: $271,078,884Liabilities 2018: $2,800,342Net Assets 2018: $268,278,5422018Assets 2019: $312,970,135Liabilities 2019: $2,394,609Net Assets 2019: $310,575,5262019Assets 2020: $320,798,451Liabilities 2020: $2,351,755Net Assets 2020: $318,446,6962020Assets 2021: $413,342,244Liabilities 2021: $7,570,063Net Assets 2021: $405,772,1812021Assets 2022: $369,113,662Liabilities 2022: $8,819,865Net Assets 2022: $360,293,7972022Assets 2023: $379,675,532Liabilities 2023: $9,204,804Net Assets 2023: $370,470,7282023Assets 2024: $401,843,003Liabilities 2024: $9,294,213Net Assets 2024: $392,548,7902024

Highlighted filing

2024

Assets$401,843,003
Liabilities$9,294,213
Net Assets$392,548,790

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150M$100M$50M$0-$50MExpenses 2010: $11,384,1872010Expenses 2011: $8,724,2112011Revenue 2012: $6,508,133Expenses 2012: $7,026,153Net Income 2012: -$518,0202012Revenue 2013: $19,075,973Expenses 2013: $8,149,698Net Income 2013: $10,926,2752013Revenue 2014: $10,474,080Expenses 2014: $9,194,173Net Income 2014: $1,279,9072014Revenue 2015: $31,399,973Expenses 2015: $9,277,957Net Income 2015: $22,122,0162015Revenue 2016: $84,308,651Expenses 2016: $9,073,916Net Income 2016: $75,234,7352016Revenue 2017: $112,131,937Expenses 2017: $21,297,007Net Income 2017: $90,834,9302017Revenue 2018: $24,868,679Expenses 2018: $17,751,085Net Income 2018: $7,117,5942018Revenue 2019: $25,533,433Expenses 2019: $16,073,427Net Income 2019: $9,460,0062019Revenue 2020: $21,245,317Expenses 2020: $28,762,891Net Income 2020: -$7,517,5742020Revenue 2021: $90,924,974Expenses 2021: $28,377,723Net Income 2021: $62,547,2512021Revenue 2022: $19,967,776Expenses 2022: $27,470,221Net Income 2022: -$7,502,4452022Revenue 2023: $12,440,734Expenses 2023: $24,201,003Net Income 2023: -$11,760,2692023Revenue 2024: $42,748,028Expenses 2024: $34,597,892Net Income 2024: $8,150,1362024

Highlighted filing

2024

Revenue$42,748,028
Expenses$34,597,892
Net Income$8,150,136

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$402$9.29$393$42.7$34.6$8.15
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$380$9.20$370$12.4$24.2$11.8
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$369$8.82$360$20.0$27.5$7.50
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$413$7.57$406$90.9$28.4$62.5
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$321$2.35$318$21.2$28.8$7.52
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$313$2.39$311$25.5$16.1$9.46
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$271$2.80$268$24.9$17.8$7.12
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$283$2.39$281$112$21.3$90.8
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$181$2.54$179$84.3$9.07$75.2
2015Detailed filing. Detailed filing data is available for this year.$103$2.69$100$31.4$9.28$22.1
2014Detailed filing. Detailed filing data is available for this year.$83.6$2.82$80.8$10.5$9.19$1.28
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$80.2$3.08$77.1$19.1$8.15$10.9
2012Summary only. Only limited summary data is available for this year.$62.3$3.29$59.0$6.51$7.03$0.52
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$57.8$3.06$54.8$8.72
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$60.8$2.92$57.9$11.4
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 8, 2023
Return Version
2022v5.0
Gross Receipts
$59,854,926
Mission and Program Overview

Mission

The foundations mission is to inspire a culture of giving to create a vibrant and engaged community. Since our founding in 1984, we have granted more than $137 million.

The foundation is a charitable granting organization whose mission is to inspire a culture of giving to create a vibrant and engaged community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$214,562,861$194,606,706▼ $19,956,155
Investments in Publicly Traded Securities$103,564,670$83,710,642▼ $19,854,028
Accounts Receivable$85,623,026$63,899,804▼ $21,723,222
Land, Buildings, and Equipment, Net$36,500$19,920,560▲ $19,884,060
Investments Program Related$4,085,819$1,734,827▼ $2,350,992
Savings and Temporary Cash Investments$1,473,697$376,330▼ $1,097,367
Cash and Non-Interest-Bearing Accounts$63,622$153,451▲ $89,829
Prepaid Expenses and Deferred Charges$57,619$60,682▲ $3,063
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$413,342,244$369,113,662▼ $44,228,582
Other Assets Total$3,874,430$4,650,660▲ $776,230
Liabilities
Other Liabilities$7,540,480$8,301,271▲ $760,791
Grants Payable-$484,530-
Accounts Payable and Accrued Expenses$29,583$18,105▼ $11,478
Deferred Revenue-$15,959-
Total Liabilities$7,570,063$8,819,865▲ $1,249,802
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$245,217,919$230,515,068▼ $14,702,851
Net Assets With Donor Restrictions$160,554,262$129,778,729▼ $30,775,533
Total Net Assets Fund Balance$405,772,181$360,293,797▼ $45,478,384
Total Liabilities and Net Assets / Fund Balance$413,342,244$369,113,662▼ $44,228,582

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$19,884,060--
Land$36,500--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$76,307,416$4,003,607▼ $8,570,993-$66,070,231
2021$74,010,978$1,404,249▲ $8,307,418$3,500,567$76,307,416
2020$69,761,721$4,153,550▲ $3,484,539-$74,010,978
2019$64,094,595$665,649▲ $9,114,760-$69,761,721
2018$61,301,218$10,196,186▼ $3,822,732-$64,094,595
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Pam CabanatuanCFOFT$146,317$11,596$183,269
Matthew MortonPresidentFT$163,691$30,038$180,021
Janie SpurgeonExec VP and CDOFT$156,569$24,427$169,348
Jennifer RhoadsPresidentFT$83,631$17,513$101,144

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$14,038,886
Program Service Revenue
$50,158
Investment Income
$5,804,556
Other Revenue
$74,176
All Other Contributions
$13,959,845
Change in Net Assets
$-7,502,445

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
Securities Publicly Traded44$8,143,072Fair Market Value (FMV)
Other Non Cash Contri Table5$819,135Estimate
Total Noncash Contributions49$8,962,207-

Audited Revenue Reconciliation

Revenue per Audited Statements
$19,967,776
Revenue Not Reported on Form 990
$-37,975,939
Total Revenue per Audited Statements
$-18,008,163
Total Revenue per Form 990
$19,967,776
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$25,039,537
Salaries, Compensation, and Employee Benefits$1,587,766
Other Expenses$842,918
Total Fundraising Expense$579,780
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$23,962,405--$23,962,405
Grants to Domestic Individuals$1,077,132--$1,077,132
Other Salaries and Wages$365,819$160,715$169,106$695,640
Current Officers, Directors, Trustees, and Key Employees$78,759$357,722$197,303$633,784
Occupancy$61,448$65,592$49,419$176,459
Information Technology$49,185$52,502$39,557$141,244
Fees for Services Other-$120,040-$120,040
Other Employee Benefits$60,775$26,700$28,094$115,569
Payroll Taxes$52,241$22,951$24,149$99,341
Office Expenses$48,055$25,931$20,604$94,590
Pension Plan Contributions$22,840$10,034$10,558$43,432
Insurance$12,121$12,939$9,748$34,808
Fees for Services Accounting-$28,924-$28,924
Other Expenses$5,052$13,260$4,063$13,260
Fees for Services Legal-$12,622-$12,622
All Other Expenses-$2,685$5,322$8,007
Travel$2,164$2,310$1,741$6,215
Advertising--$620$620
Total Functional Expenses$25,970,122$920,319$579,780$27,470,221

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$27,470,221
Total Expenses per Audited Statements$27,470,221
Total Expenses per Form 990$27,470,221
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
See Schedule AttachedVancouver, WA--$23,813,300
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Agency Endowment Agmnts$4,848,932
Liab for Split Intrst Agmnts$1,863,203
Lease Liability$1,589,136
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 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

Our form 990 is prepared by our independent certified public accountants using information provided by management and obtained during their audit of our financial statements. The form 990 is reviewed in detail by management and submitted to the board for review.

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

Annually, officers, directors and key employees are required to sign a conflict of interest disclosure statement listing actual and potential conflicts of interest. Additionally, members are required to contemporaneously disclose actual and potential conflicts of interest in board, committee, and staff meetings as they arise during the year.

Form 990, Part VI, Section B, Line 15B

As part of the budgeting process, management compares current and proposed salaries and job activities to local market rates, council on foundation survey results for foundations our size, and other independent indicators. Compensation and benefit packages are reviewed and approved by the finance committee and the board of directors.

Form 990, Part VI, Section C, Line 19

The community foundation provides our 501(c)(3) determination letter on our website and upon request. In addition, our audited financial statements and form 990 for the prior three years are available on our website and upon request. Guidestar, a nonprofit organization, makes available the last three years of our form 990 on its website.

Filing and Contact Details

Filer

Filer Name
Community Foundation for SW Washington
EIN
91-1246778
Phone
3606942550
Address
610 Esther Street 201, Vancouver, WA 98660

Signing Officer

Name
Rachon Hanson
Title
Trustee
Signed
2023-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Matt Morton
Formed
1984
Legal Domicile
Wa
Voting Board Members
10
Independent Board Members
10
Employees
14
Volunteers
30

Preparer

Firm
Kern & Thompson LLC
Address
1800 SW First Avenue Suite 410, Portland, OR 97201
Preparer
Kristin L Brooks CPA
Phone
5032223338
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Changes in trusts, annuities, l-t contr = -$305703

Continued From Form 990, Part III, 4A

As a philanthropic advisor, we promote philanthropy by connecting donors to causes they care about. In addition, we offer strategic advice to help individuals, families, and companies achieve their charitable goals. We provide opportunities for collaborative funding and impact investing that apply our regions charitable resources in equitable and effective ways. As a funder, we invest in and partner with local nonprofits to address persistent and emerging needs. Our focus grants program is a central part of this work and offers funding in three impact areas: educational attainment, basic human needs and asset building. These grants focus on achieving shared prosperity by opening up opportunitiesin every stage of lifefor those facing the greatest barriers and challenges in our community. As a community partner, we engage and collaborate with local residents. We join, convene and lead community conversations to deepen our knowledge of those we serve and nurture collaborative solutions that tap into our respective strengths. Working in these ways, we fulfill our mission and improve the quality of life for everyone in southwest washington.

Financial Statement Notes

Part V, Line 4: Intended uses of the endowment fund.

All endowment funds will be used to fund the organization's mission through grantmaking.

Raw XML AppendixShowing 400 of 758 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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IRS990/Desc0THE COMMUNITY FOUNDATION FOR SOUTHWEST WASHINGTON INSPIRES A CULTURE OF GIVING TO CREATE A VIBRANT AND ENGAGED COMMUNITY. OPERATING AT THE INTERSECTION OF COMMUNITY AND PHILANTHROPY, WE IDENTIFY AND PURSUE COMPREHENSIVE SOLUTIONS THAT BENEFIT ALL COMMUNITIES IN SOUTHWEST WASHINGTON. WE ACCOMPLISH THIS THROUGH A COMBINATION OF PROGRAMS AND SERVICES THAT STRENGTHEN THE EFFORTS OF DONORS, NONPROFITS AND COMMUNITIES ACROSS OUR REGION. CONTINUED ON SCHEDULE O
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