NonprofitsLake Washington College Foundation

Unclassified

Lake Washington College Foundation

KIRKLAND, WA

Total revenue

$1.7M

Total expenses

$1.8M

Net assets

$5.5M

Grants received

$1.1M

33 grants

EIN

911182444

Tax year

2024

Mission

Provide lake washington institute of technology the margin of support necessary to achieve educational excellence and to expand the financial basis for quality that lies beyond the scope of legislative funding through individual, corporate, and community partnerships.

Programs

2 programs

The foundation receives contributions from various donors including the peierls foundation. These funds are for the benefit of college programs, their students, and our in-house high school academy program. Provide funding for new elc building

Expenses: $637KGrants: $566K

The foundation paid the college for the costs of operating a space for an espresso cart and received revenue from the espresso stand and art rental.

Financials

FY 2024

Revenue

Contributions & grants$1.4M
Program service revenue$7K
Investment income$305K
Other revenue
Total revenue$1.7M

Expenses

Grants paid$1.5M
Salaries & benefits
Fundraising$10K
Other expenses$276K
Total expenses$1.8M
Total assets$5.6M
Net assets$5.5M

People

21 listed

NameRoleCompensation

ELISABETH SORENSEN

EXECUTIVE DIRECTOR

Board

40 hrs/wk

BILL SHELBY

PRESIDENT, SCHOLARSHIPS CO-CHAIR

Board

5 hrs/wk

DR DAN FROST

VICE PRESIDENT

Board

1 hrs/wk

KEN BOYER

SCHOLARSHIPS CO-CHAIR

Board

2 hrs/wk

WALT KRUEGER

SECRETARY

Board

0.5 hrs/wk

DIANE TOOMEY

EVENTS CHAIR

Board

2 hrs/wk

NOLAN KORESKI

EX OFFICIO DIRECTOR

Board

0.5 hrs/wk

DARCY KIPNIS

EX OFFICIO DIRECTOR

Board

2 hrs/wk

AMY MORRISON

EX OFFICIO DIRECTOR

Board

1 hrs/wk

JESSICA BECK

MEMBER

Board

0.25 hrs/wk

DIANE HAELSIG

MEMBER

Board

0.25 hrs/wk

KATHY KATZENBERGER

MEMBER

Board

0.25 hrs/wk

DARRYL LYTLE

MEMBER

Board

0.25 hrs/wk

DARRELL MITSUNAGA

MEMBER

Board

0.25 hrs/wk

SIMON MOUHANNA

MEMBER

Board

0.25 hrs/wk

KRISTEN OVERLEESE

MEMBER

Board

0.25 hrs/wk

LANE SAVITCH

MEMBER

Board

0.25 hrs/wk

GAYLE SHIMOKURA

MEMBER

Board

0.25 hrs/wk

GRIFFIN SMITH

MEMBER

Board

0.25 hrs/wk

NANCY STEWART

MEMBER

Board

0.5 hrs/wk

LAURA WILDFONG

TRUSTEE LIAISON

Board

0.25 hrs/wk

Grants received

Showing 33 of 33

FromAmountPurposeYear
$18K
SUPPORT LAKE WA INSTITUTE OF TECH
2024
$191K
For grant recipient's exempt purposes
2023
$10K
SPEEA-ACE Scholarship Award
2023
$10K
SUPPORT LAKE WASHINGTON INSTITUTE OF TECHNOLOGY STUDENTS WITH DISABILITIES.
2023
$8K
GENERAL SUPPORT
2023
$10K
SPEEA-ACE Scholarship Award
2022
$10K
SUPPORT LAKE WASHINGTON INSTITUTE OF TECHNOLOGY STUDENTS WITH DISABILITIES.
2022
$20K
SPEEA-ACE Scholarship Award
2021
$9K
For grant recipient's exempt purposes
2021
$9K
For grant recipient's exempt purposes
2021
$500
General & Unrestricted
2021
$26K
OPERATIONS
2020
$10K
PROGRAM SUPPORT
2020
$9K
For grant recipient's exempt purposes
2020
$5K
SUPPORT LAKE WASHINGTON INSTITUTE OF TECHNOLOGY STUDENTS WITH DISABILITIES.
2020
$3K
GENERAL SUPPORT
2020
$24K
SUPPORT LAKE WASHINGTON INSTITUTE OF TECHNOLOGY STUDENTS TO STAY IN SCHOOL IN THE EVENT OF AN UNANTICIPATED EMERGENCY
2018
$6K
Scholarship grant funding.
2018
$35K
PROGRAM INVESTMENT
2017

Funded by

$1.1M from 14 funders · 33 grants · 2017–2024

Gs Donor Advised Philanthropy Fund

$310K · 5 grants · 2018–2024

American Online Giving Foundation Inc

$297K · 6 grants · 2019–2024

Fidelity Investments Charitable Gift Fund

$217K · 4 grants · 2020–2023

The Bradley Family Foundation

$67K · 5 grants · 2018–2024

Donor Advised Charitable Giving Inc

$46K · 2 grants · 2022–2023

Seattle Prof Engineering Employees Assn

$40K · 3 grants · 2021–2023

United Way Of King County

$35K · 1 grant · 2017

Los Altos Mountain View

$26K · 1 grant · 2020

Details

EIN911182444
NTEE codeZ99Z
Subsection03
Ruling date1995-02
Formed1949
Employees0
Volunteers18
LAKE WASHINGTON COLLEGE FOUNDATION — Mission, Financials & Grants Received | Grantivo