EIN 91-1182444

Lake Washington College Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1949
Most recent tax filings
2023-12-01
Description
The Lake Washington College Foundation aims to provide the Lake Washington Institute of Technology with additional resources necessary to achieve educational excellence and expand financial support beyond legislative funding. Donations from various donors, including the Peierls Foundation, are received for the benefit of college programs, students, and in-house high school academy programs. The foundation covers the cost of operating an espresso cart space at the college and receives revenue from both the espresso stand and art rental.
Total revenues
$1,617,628
2023
Total expenses
$913,452
2023
Total assets
$5,556,070
2023
Num. employees
0
2023

Program areas at Lake Washington College Foundation

The Foundation receives various contributions from donors and awards the donations to students. In 2023, over $560,000 was awarded to students.
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.
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.

Grants made by Lake Washington College Foundation

GranteeGrant descriptionAmount
Lake Washington College FoundationProvide Assistance To Students for Conferences and Competitions. Also Provides Bus Passes, Gas, and Lunches To Students. Students Support and Faculty Conferences/meetings.$42,349

Who funds Lake Washington College Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
American Online Giving FoundationGeneral Support$61,295
GS Daf (GSPF)Education$50,000
Lake Washington College FoundationProvide Assistance To Students for Conferences and Competitions. Also Provides Bus Passes, Gas, and Lunches To Students. Students Support and Faculty Conferences/meetings.$42,349
...and 5 more grants received

Personnel at Lake Washington College Foundation

NameTitleCompensation
Elisabeth SorensenExecutive Director$0
Bruce RivelandDirector$0
Walt KruegerSecretary$0
Dan FrostVice President$0
Bill ShelbyPresident and Scholarship Chair$0
...and 9 more key personnel

Financials for Lake Washington College Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$1,137,396
Program services$8,000
Investment income and dividends$123,456
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$348,776
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,617,628

Form 990s for Lake Washington College Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-07990View PDF
2022-122023-09-27990View PDF
2021-122022-10-26990View PDF
2020-122021-11-15990View PDF
2019-122021-04-05990View PDF
...and 10 more Form 990s
Data update history
January 5, 2025
Received grants
Identified 2 new grant, including a grant for $10,000 from The Bradley Family Foundation
May 19, 2024
Received grants
Identified 2 new grant, including a grant for $61,295 from American Online Giving Foundation
January 2, 2024
Received grants
Identified 1 new grant, including a grant for $10,000 from The Bradley Family Foundation
November 28, 2023
Posted financials
Added Form 990 for fiscal year 2022
November 28, 2023
Updated personnel
Identified 5 new personnel
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
EducationHuman servicesChildren
Characteristics
Fundraising eventsState / local levelEndowed supportProvides scholarshipsTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
11605 132 Ave Ne W205C
Kirkland, WA 98034
Metro area
Seattle-Tacoma-Bellevue, WA
County
King County, WA
Website URL
lwtech.edu/about_lwit/foundation.html 
Phone
(425) 739-8391
IRS details
EIN
91-1182444
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1949
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B42: Undergraduate College (4-year)
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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