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The College Of Western Idaho Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 271159705 ✦ Nampa, ID ✦ Designated as a 501(c)(3)

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Overview

What is The College Of Western Idaho Foundation Inc?

The College of Western Idaho Foundation Inc, located at 5275 E Franklin Road, Nampa, ID 83687, is a nonprofit organization that plays a crucial role in supporting the College of Western Idaho. It primarily focuses on raising and managing funds for scholarships and program support, aiming to enhance the educational opportunities for students and advance the college's mission. During the fiscal year 2022, the Foundation provided scholarships worth $499,492 to 429 students and allocated additional funds of $180,017 for program support. Operating under Internal Revenue Code Section 501(c)(3), the Foundation raises funds from various sources, including individuals, companies, foundations, and organizations, and manages these contributions as per donors' wishes.


Official website here: www.cwi.edu/giving/foundation

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96%, Four-Star out of Four Stars

The College of Western Idaho Foundation Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting a high level of accountability and financial health. The foundation's score is derived entirely from its excellent performance in the Accountability & Finance category, with a score of 96%. This rating indicates that the organization is effectively managing its funds and maintaining a strong commitment to transparency.

Key strengths of the foundation include a fully independent board of directors and solid financial oversight practices. The organization has no reported material diversion of assets and meets all disclosures and policy requirements, including conflict of interest and whistleblower policies. The foundation demonstrates a strong program expense ratio of 88.98%, indicating that a substantial portion of its expenses directly supports its mission.

While the rating highlights several strengths, it is important for potential donors to remain informed and engaged with the foundation's ongoing activities. Maintaining transparency and effective communication will be essential for the foundation to uphold its high standards and continue its positive impact on the community.


This AI summary has been generated from information found on Charity Navigator.

Is The College Of Western Idaho Foundation Inc legitimate?

The College Of Western Idaho Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The College Of Western Idaho Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.cwi.edu/giving/foundation

What is the mission statement of The College Of Western Idaho Foundation Inc?

The College of Western Idaho Foundation Inc, functioning as a tax-exempt organization under Section 501(c)(3) of the Internal Revenue Code, supports the educational institution's mission by raising funds from various sources and managing privately donated funds. The foundation's primary objective is to enhance and advance the college, its programs, and students, aligning with the institution's objectives. To achieve this, the foundation develops and creates resources, investing and managing gifts according to the donors' wishes. The foundation's activities contribute to the overall growth and improvement of the College of Western Idaho.


Official website here: www.cwi.edu/giving/foundation

Who is the CEO of The College Of Western Idaho Foundation Inc?

Michael Jensen is the President of The College Of Western Idaho Foundation Inc.


Official website here: www.cwi.edu/giving/foundation

What is the revenue of The College Of Western Idaho Foundation Inc?

The College Of Western Idaho Foundation Inc's revenue in 2022 was $975,862.


Official website here: www.cwi.edu/giving/foundation

Who are the executives of The College Of Western Idaho Foundation Inc and what are their salaries?

There 22 volunteers at The College Of Western Idaho Foundation Inc.


Here are 12 key members and their salaries:


Ivan Castillo (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Pena (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Braun (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Ballenger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary May (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Rigenhagen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Olson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Chaney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Connie Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shawn Dammarell (Director (From Mid-Year))
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Jensen (Director, Foundation)
  • Compensation: $77,625
  • Related: $0
  • Other: $20,968
Ladawn Anderst Operations (Database Coordinator, Foundation)
  • Compensation: $54,060
  • Related: $0
  • Other: $18,172


Official website here: www.cwi.edu/giving/foundation

Where can I find the form 990 for The College Of Western Idaho Foundation Inc?

The College Of Western Idaho Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cwi.edu/giving/foundation

Learn more at the official website: www.cwi.edu/giving/foundation

Mission Statement of The College Of Western Idaho Foundation Inc

The College of Western Idaho Foundation Inc, as a section 501(c)(3) tax-exempt organization, is committed to supporting the mission of the College of Western Idaho. With a focus on fundraising, the Foundation strives to create and enhance resources that contribute to the betterment and progress of the College, its programs, and its students. The Foundation achieves this by soliciting contributions from individuals, companies, foundations, and organizations. Once funds are received, the Foundation ensures that they are invested and managed according to the donors' wishes, thereby upholding the integrity of the contributions made to the College. In essence, The College of Western Idaho Foundation Inc serves as a bridge between potential donors and the College, facilitating the transfer of resources that support the College's growth and development.

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Impact




October, 2024

The College of Western Idaho Foundation Inc significantly enhances educational opportunities for students and supports the growth of programs at the College of Western Idaho. In the fiscal year ending June 30, 2022, the Foundation made a tangible impact by providing $499,492 in scholarship funds, benefiting 429 students who were able to pursue their academic goals.

Additionally, the Foundation contributed a total of $180,017 in program support, reinforcing initiatives that align with the College's mission and priorities. These efforts not only alleviate financial burdens on students but also foster a vibrant educational environment by funding key programs that advance the College's objectives. Through strategic fundraising and management of private donations, the Foundation plays a crucial role in ensuring that resources are available, ultimately improving accessibility to education and enriching the overall student experience at the College of Western Idaho.




This information is meant to be a general summary of The College Of Western Idaho Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$975,862 (2022)
Expenses
$771,855 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $286,610
  • Gross Receipts: $1,921,732

Assets and Liabilities:

  • Total Assets: $5,826,184
  • Total Liabilities: $2,938
  • Net Assets: $5,823,246

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Organization Details

Founding Year

2009

Principal Officer

Michael Jensen

Main Address

5275 E Franklin Road, Nampa, ID, 83687

NTEE Category

Code: T70 - Philanthropy

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