Evergreen State College Foundation

Tax-deductible

Olympia, WA501(c)(3)Colleges & UniversitiesEIN 91-0981488Revenue $4.7M in FY2025

On file with the IRSevergreen.edu/foundation2700 Evergreen Pkwy Nw, 98505-0001 · Olympia, WATax-exempt since Jan 1977Publicly supported charity — 170(b)(1)(A)(vi)

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We are dedicated to building an outstanding future for the Evergreen State College by raising private gifts from our remarkable donors. Private gifts fund student aid, programs, and critical needs throughout the College.

501(c)(3) charity; gifts are tax-deductible.
90¢ of each $1 spent went to programs.
Run by 22 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average surplus $661K a year · 13% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
90%
of spending
Looks good: 90% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
8 mo
of spending, in cash
Looks good: 7.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $5K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$134K
0.4% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
20
of 20 voting members
Looks good: 20 of 20 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$4.7M
-35% vs prior year
Spent
$4.6M
To programs
90%
Net assets
$31.4M
By yearFY2020–FY2025
Revenue
$4.7M
FY2025▼ -35%
Tap a bar for its year
Revenue by fiscal year
FY2020$4.3M
FY2021$6.6M
FY2022$3.0M
FY2023$3.9M
FY2024$7.2M
FY2025$4.7M
Expenses
$4.6M
FY2025▼ -18%
Tap a bar for its year
Expenses by fiscal year
FY2020$4.7M
FY2021$2.9M
FY2022$3.3M
FY2023$4.6M
FY2024$5.6M
FY2025$4.6M
Net assets
$31.4M
FY2025▲ +5%
Tap a bar for its year
Net assets by fiscal year
FY2020$22.1M
FY2021$29.0M
FY2022$27.0M
FY2023$26.7M
FY2024$29.8M
FY2025$31.4M

From the FY2025 Form 990 (year ending June 2025) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jan 1977.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

90 cents of each dollar spent went to programs.

Program services 90% · $4.1M Management & general 7% · $329K Fundraising 3% · $129K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

25 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Governor
$0Pt VII · Sec A
Chair Audit Committee
$0Pt VII · Sec A
Treasurer / Ex Officio Gov
$0Pt VII · Sec A
Past Chair
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Chair Committee on Governors
$0Pt VII · Sec A
$0Pt VII · Sec A
Co-Chair Fin & Invmt Committe
$0Pt VII · Sec A
See Evergreen State College Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Raises private gifts to fund student aid, programs, and college needs.

Questions for Evergreen State College Foundation

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Provided by the organization

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3 programs · $3.2M · in their own filed words · FY2024
01

Student AID.EVERGREEN has a long history of serving a diverse population of students. As of fall 2025, 24.3% of the students are the first in their family to go to college. 32.7% of students are low-income and 37.6% received pell grants.

$1.3Mprogram expense
02

In demonstration of evergreen's strong commitment to give back to the communities it serves, the college currently operates public service centers including the "house of welcome" cultural arts, center for climate action and sustainability, the center for community-based learning and action, the washington center for improving…

$1.2Mprogram expense
03

Public service CENTERS.THE foundation provides support to the college that adds excellence to the evergreen educational experience. Foundation support for the college bolsters a variety of programs, including the center for climate action and sustainability center, faculty professional development and research, the kaos radio station…

$727Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$5K
Grants paid · 46 grants · $20.5M · 2019–2024
Evergreen State CollegeFY2024$2,195,764
Unitemized GrantFY2024$1,119,607
Unitemized GrantFY2024$154,333
Unitemized GrantFY2024$50,000
Northland CollegeWI · FY2024$40,000
Chemeketa Community CollegeFY2024$40,000
Board of Regents of the UniversityFY2024$40,000
University of OregonFY2024$30,000
University of AlaskaAK · FY2024$30,000
Montana State UniversityFY2024$30,000
Evergreen State CollegeFY2023$2,826,348
Unitemized GrantFY2023$1,142,829
Unitemized GrantFY2023$183,100
Unitemized GrantFY2023$157,143
University of AlaskaAK · FY2023$40,000
See all 46 grants →

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$4.7M
Ln 12
Gifts and grantsLn 1h$3.6M
Investment incomeLn 3$921K
Other incomeLn 4–11$194K
Money outPt IX
$4.6M
Ln 25
Programscol B$4.1M
Managementcol C$329K
Fundraisingcol D$129K
Owns and owesPt X
$31.4M
net assets · Ln 32
Cash and savingsLn 1–2$2.9M
Total assetsLn 16$31.5M
LiabilitiesLn 26$134K
PeoplePt VI, VII
25
listed · VII A
PaidVII A0
Voting boardVI 1a20
IndependentVI 1b20
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$3.6M
Noncash giftsLn 1g$171K
Fundraising eventsLn 1c$306K
Investment incomeLn 3$921K
Other incomeLn 4–11$194K
Total revenueLn 12$4.7M
Assets in detailPt X, end of year
SavingsLn 2$2.9M
Cash and savings togetherLn 1–2$2.9M
InvestmentsLn 11–13$24.2M
Other assetsLn 15$2.8M
Total assetsLn 16$31.5M
LiabilitiesLn 26$134K
Net assetsLn 32$31.4M
OperationsPt I, VI
EmployeesI 50
VolunteersI 622
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$2.9M$2.9M
InvestmentsLn 11–13$22.1M$24.2M
Total assetsLn 16$29.9M$31.5M
LiabilitiesLn 26$117K$134K
Net assetsLn 32$29.8M$31.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$2.5M$2.5M
Grants to domestic individualsLn 2$1.3M$1.3M
Grants and assistance to foreign recipientsLn 3$60K$60K
Advertising and promotionLn 12$18K$1K$5K$12K
Office expensesLn 13$11K$7K$3K$1K
OccupancyLn 16$68K$16K$35K$16K
TravelLn 17$23K$212$17K$6K
Other expenses (24a–d)Ln 24$686K$199K$259K$228K
All other expensesLn 24e−$102K$22K$10K−$135K
Total functional expensesLn 25$4.6M$4.1M$329K$129K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $4.7M$4.6M$93K$31.4M 990 PDF
FY2024 $7.2M$5.6M$1.6M$29.8M 990 PDF
FY2023 $3.9M$4.6M−$775K$26.7M 990 PDF
FY2022 $3.0M$3.3M−$219K$27.0M 990 PDF
FY2021 $6.6M$2.9M$3.7M$29.0M 990 PDF
FY2020 $4.3M$4.7M−$428K$22.1M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $4,676,505 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $6,165,407$3,561,689
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $843,430$921,138
I-11 Other revenuePrior year $191,643$193,678
I-12 Total revenuePrior year $7,200,480$4,676,505
I-13 Grants and similar amounts paidPrior year $4,821,877$3,879,704
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $748,341$703,892
I-18 Total expensesPrior year $5,570,218$4,583,596
I-19 Revenue less expensesPrior year $1,630,262$92,909
Part VI · Governance 20 of 20 board members independent, 1 to look at
VI-1a Voting members of the governing body20
VI-1b Independent voting members20
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $4,676,505 across 8 lines filed
VIII-1c Fundraising events$306,308
VIII-1f All other contributions, gifts and grants$3,255,381
VIII-1g Noncash contributions (included above)$170,742
VIII-1h Total contributions, gifts and grants$3,561,689
VIII-3 Investment incomeExcluded from tax $921,138$921,138
VIII-8 Net income from fundraising eventsExcluded from tax −$90,689−$90,689
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $284,367$284,367
VIII-12 Total revenueRelated to mission $284,367 · Unrelated business $0 · Excluded from tax $830,449$4,676,505
Part IX · Statement of functional expenses $4,583,596 across 9 lines filed
IX-1 Grants to domestic organizationsPrograms $2,495,764$2,495,764
IX-2 Grants to domestic individualsPrograms $1,323,940$1,323,940
IX-3 Grants and assistance to foreign recipientsPrograms $60,000$60,000
IX-12 Advertising and promotionPrograms $1,443 · Management $4,616 · Fundraising $12,298$18,357
IX-13 Office expensesPrograms $7,209 · Management $2,625 · Fundraising $1,417$11,251
IX-16 OccupancyPrograms $16,488 · Management $34,859 · Fundraising $16,249$67,596
IX-17 TravelPrograms $212 · Management $17,193 · Fundraising $6,012$23,417
IX-24 Other expenses (24a–d)Programs $198,868 · Management $259,245 · Fundraising $227,606$685,719
IX-24e All other expensesPrograms $22,250 · Management $10,059 · Fundraising −$134,757−$102,448
IX-25 Total functional expensesPrograms $4,126,174 · Management $328,597 · Fundraising $128,825$4,583,596
Part X · Balance sheet $31,523,789 assets, 13 lines filed
X-2 Savings and temporary cash investmentsStart of year $2,948,456$2,909,843
X-3 Pledges and grants receivableStart of year $2,062,916$1,582,689
X-11 Publicly traded securitiesStart of year $559,349$609,313
X-12 Other securitiesStart of year $21,504,489$23,580,842
X-15 Other assetsStart of year $2,840,823$2,841,102
X-16 Total assetsStart of year $29,916,033$31,523,789
X-17 Accounts payable and accrued expensesStart of year $94,979$124,864
X-25 Other liabilitiesStart of year $22,455$9,332
X-26 Total liabilitiesStart of year $117,434$134,196
X-27 Net assets without donor restrictionsStart of year $2,845,921$3,185,786
X-28 Net assets with donor restrictionsStart of year $26,952,678$28,203,807
X-32 Total net assets or fund balancesStart of year $29,798,599$31,389,593
X-33 Total liabilities and net assetsStart of year $29,916,033$31,523,789
Part XI · Reconciliation of net assets $31,389,593 net assets at year end
XI-1 Total revenue$4,676,505
XI-2 Total expenses$4,583,596
XI-3 Revenue less expenses$92,909
XI-4 Net assets at start of year$29,798,599
XI-5 Net unrealized gains (losses) on investments$1,498,085
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$31,389,593

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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