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Washington · Nonprofit

INDEPENDENT COLLEGES OF WASHINGTON

INDEPENDENT COLLEGES OF WASHINGTON (Washington) receives grants from 17 organizations whose IRS filings report $3,156,315 to it, the largest being GATES FOUNDATION ($1,339,828). 10 of them have funded it in more than one year.

Revenue FY2025
$2.9M
Funders on record
17
Grants received
$3.2M
Net assets
$2.8M
10/17 repeat funderspeak grant-dependency 34%
01What it does

What Independent Colleges of Washington does

Mission

Independent Colleges of Washington is the leading advocate for not-for-profit, private campuses in washington state.

As stated on its FY2025 Form 990.

Program

  1. Independent Colleges of Washington (icw) enables students to pursue their college aspirations, and washington state to achieve its post-secondary attainment goal. In achieving its vision and purpose, icw believes it will contribute to the long-term health and vitality of an economically robust and socially just washington. The work of the association reinforces the importance of higher education in washington to ensure the public commitment remains strong.

    $2,402,032 spentof which $1,220,227 as grants
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $2,402,032.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($1.7M) Expenses 100 ($1.5M) Net assets 100 ($1.4M)2018 Revenue 111 ($1.9M) Expenses 110 ($1.6M) Net assets 120 ($1.6M)2019 Revenue 107 ($1.8M) Expenses 129 ($1.9M) Net assets 122 ($1.7M)2020 Revenue 145 ($2.5M) Expenses 121 ($1.8M) Net assets 173 ($2.3M)2021 Revenue 104 ($1.8M) Expenses 129 ($1.9M) Net assets 174 ($2.4M)2022 Revenue 158 ($2.7M) Expenses 135 ($2.0M) Net assets 212 ($2.9M)2023 Revenue 123 ($2.1M) Expenses 155 ($2.3M) Net assets 200 ($2.7M)2024 Revenue 141 ($2.4M) Expenses 166 ($2.5M) Net assets 201 ($2.7M)2025 Revenue 170 ($2.9M) Expenses 192 ($2.9M) Net assets 203 ($2.8M)
'17'18'19'20'21'22'23'24'25
Revenue (170)Expenses (192)Net assets (203)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $1.9M to $2.8M (+45%).

$1.6M
$1.9M
$1.9M
$2.8M
$2.9M
$3.2M
$4.0M
$3.8M
$4.4M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

92% of INDEPENDENT COLLEGES OF WASHINGTON’s revenue is contributions — more donation-reliant than the typical peer (48% for the typical peer).

This organization
Typical peer · 12,352 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.

$195k
’17
$233k
’18
−$120k
’19
$639k
’20
−$170k
’21
$651k
’22
−$239k
’23
−$99k
’24
$16k
’25
11
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Terri Standish-Kuon

President & CEO

Board chair

Isiaah Crawford

Chair

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2018 and FY2019 filings.

'17'18'19'20'21'22'23'24'25
Listed383739413940383537
Joined·+9+7+7+7+13+3+3+7
No longer listed·1055912565
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 5 funders to 7 funders, grant income fell $384k → $353k.

4 of 17 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 2% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $523k from 3 payers (the payer shares this organization's board, largest Council of Independent Colleges). These are real filings, and they are not money INDEPENDENT COLLEGES OF WASHINGTON raised.

From the IRS filings of INDEPENDENT COLLEGES OF WASHINGTON’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

INDEPENDENT COLLEGES OF WASHINGTON leans on a few funders — its largest provides 42% of grant income and the top three 75%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

42%
largest funder
75%
top three
~4
effective funders

Largest funder’s share by year: 2017 61% · 2018 58% · 2019 48% · 2020 57% · 2021 38% · 2022 48% · 2023 48% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

43% of INDEPENDENT COLLEGES OF WASHINGTON's funders are still giving 3 years after their first grant; 59% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

67% of INDEPENDENT COLLEGES OF WASHINGTON's grant income comes from Washington funders.

WA
NY
OH
PA
CA
VA
DE
TX

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Washington out of state home

Funder states come from each funder’s own filing. $54k arriving through sponsors registered in 4 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

INDEPENDENT COLLEGES OF WASHINGTON holds deeper cash reserves than three-quarters of the 9,398 education nonprofits its size.

Operating margin1% · below the median
Months of reserve10.9mo · top quartile
Revenue growth (annualized)7% · below the median

this organization peer median middle 50% of peers· 9,398 education nonprofits $1M–$10M, FY2025

Organizations like INDEPENDENT COLLEGES OF WASHINGTON

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Washington

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

84% of spending goes to programs.

Program 84%Management 13%Fundraising 3%

Governance

35
board members
97%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

75%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for INDEPENDENT COLLEGES OF WASHINGTON: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds INDEPENDENT COLLEGES OF WASHINGTON?
INDEPENDENT COLLEGES OF WASHINGTON (Washington) receives grants from 17 organizations whose IRS filings report $3,156,315 to it, the largest being GATES FOUNDATION ($1,339,828). 10 of them have funded it in more than one year.
How many funders does INDEPENDENT COLLEGES OF WASHINGTON have?
IRS filings report 17 organizations giving $3,156,315 in grants to INDEPENDENT COLLEGES OF WASHINGTON, 10 of which have funded it in more than one year.
Who is the largest funder of INDEPENDENT COLLEGES OF WASHINGTON?
GATES FOUNDATION is the largest funder on record, with $1,339,828 in grants. The full list of funders is on this page.
How can an organization like INDEPENDENT COLLEGES OF WASHINGTON find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Washington. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 17 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing