These documents are currently being revised to incorporate the changes made during the 2024 Legislative Session. Please consult the Sections Affected Table for changes made during the 2024 Legislative Session.
Exceptional faculty awards—"Foundation" defined.
For purposes of RCW
28B.50.835 through
28B.50.843 "foundation" means a private nonprofit corporation that: (1) Is registered under Title
24 RCW and qualified as a tax-exempt entity under section 501(c)(3) of the federal internal revenue code; (2) exists solely for the benefit of one or more community or technical colleges in this state; and (3) is registered with the attorney general's office under the charitable trust act, chapter
11.110 RCW.