PORTLAND STATE UNIVERSITY FOUNDATION: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- PORTLAND STATE UNIVERSITY FOUNDATION (EIN 93-0619733)
- Tax period
- 2022-07-01 to 2023-06-30
- Filed
- 2024-03-19
- IRS object ID
- 202400799349300625
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-03-19T16:12:56-05:00 | ReturnTs |
| Tax Period End | 2023-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 910189318 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MOSS ADAMS LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 805 SW BROADWAY STE 1400 | AddressLine1Txt |
| City | PORTLAND | CityNm |
| State Abbreviation | OR | StateAbbreviationCd |
| ZIP | 97205 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 930619733 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PORTLAND STATE UNIVERSITY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PORT | BusinessNameControlTxt |
| Phone | 5037255863 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1600 SW 4TH AVE SUITE 730 | AddressLine1Txt |
| City | PORTLAND | CityNm |
| State Abbreviation | OR | StateAbbreviationCd |
| ZIP | 97201 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | STACEY HENRIQUEZ | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 5037255863 | PhoneNum |
| Signature | 2024-03-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | STACEY | PersonFirstNm |
| Person Last | HENRIQUEZ | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | WENDY CAMPOS | PreparerPersonNm |
| PTIN | P00448102 | PTIN |
| Phone | 5032421447 | PhoneNum |
| Preparation | 2024-03-15 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | STACEY HENRIQUEZ | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1600 SW 4TH AVE SUITE 730 | AddressLine1Txt |
| City | PORTLAND | CityNm |
| State Abbreviation | OR | StateAbbreviationCd |
| ZIP | 97201 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $54,842,931 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.PSUF.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1963 | FormationYr |
| Legal Domicile State | OR | LegalDomicileStateCd |
| Activity Or Mission | PORTLAND STATE UNIVERSITY FOUNDATION IS RESPONSIBLE FOR RAISING AND MANAGING PRIVATE RESOURCES TO ADVANCE PSU'S PRIORITIES AND MISSION TO BE A LEADING URBAN UNIVERSITY. | ActivityOrMissionDesc |
| Voting Members Governing Body | 31 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 31 | VotingMembersIndependentCnt |
| Total Employee | 83 | TotalEmployeeCnt |
| Total Volunteers | 126 | TotalVolunteersCnt |
| Total Gross UBI | $12,517 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $10,365 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $19,639,761 | PYContributionsGrantsAmt |
| CY Contributions Grants | $26,933,082 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $8,575,603 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $7,196,567 | CYProgramServiceRevenueAmt |
| PY Investment Income | $5,022,007 | PYInvestmentIncomeAmt |
| CY Investment Income | $4,621,019 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$121,279 | PYOtherRevenueAmt |
| CY Other Revenue | -$88,156 | CYOtherRevenueAmt |
| PY Total Revenue | $33,116,092 | PYTotalRevenueAmt |
| CY Total Revenue | $38,662,512 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $15,890,692 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $17,732,072 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $6,806,396 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $7,578,066 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $5,727,717 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,419,440 | PYOtherExpensesAmt |
| CY Other Expenses | $1,943,382 | CYOtherExpensesAmt |
| PY Total Expenses | $24,116,528 | PYTotalExpensesAmt |
| CY Total Expenses | $27,253,520 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $8,999,564 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $11,408,992 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $160,720,485 | TotalAssetsBOYAmt |
| Total Assets EOY | $174,384,827 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $7,221,913 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $7,850,216 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $153,498,572 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $166,534,611 | NetAssetsOrFundBalancesEOYAmt |
| Mission | SEE SCHEDULE O | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $18,379,641 | ExpenseAmt |
| Grant | $17,732,072 | GrantAmt |
| Revenue | $7,196,567 | RevenueAmt |
| Desc | THE FOUNDATION SUPPORTS PORTLAND STATE UNIVERSITY BY PROVIDING SCHOLARSHIPS, SUPPPORTING FACULTY RESEARCH AND INSTRUCTION, ENHANCING FACILITIES, AND NURTURING NEW PROGRAMS. DURING THE YEAR ENDED JUNE 30, 2023, THE FOUNDATION AWARDED $17,732,072 TO THE UNIVERSITY; $4,746,726 FOR SCHOLARSHIPS AND FELLOWSHIPS, $4,046,998 FOR CAPITAL PROJECTS, $8,721,706 FOR ACADEMIC SUPPORT, AND $216,642 FOR ADMINISTRATIVE SUPPORT. | Desc |
| Total Program Service Expenses | $18,379,641 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 229 | IRPDocumentCnt |
| IRP Document W2 G | 3 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 83 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 31 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 31 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STACY HENRIQUEZ | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5037255863 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1600 SW 4TH AVE | AddressLine1Txt |
| City | PORTLAND | CityNm |
| State Abbreviation | OR | StateAbbreviationCd |
| ZIP | 97201 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (41 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| KEREN BROWN WILSON | ||||||||
| CHAIR | 1.00 | 0.02 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| AL BARKOULI | ||||||||
| VICE CHAIR | 1.00 | 0.02 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| JON OWENS | ||||||||
| TREASURER | 1.00 | 0.02 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| MARCIA MASON | ||||||||
| SECRETARY | 1.00 | 0.02 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| DON VOLLUM | ||||||||
| TRUSTEE | 1.00 | 0.02 | Yes (X) | $0 | $0 | $0 | ||
| JEFF EULBERG | ||||||||
| TRUSTEE | 1.00 | 0.02 | Yes (X) | $0 | $0 | $0 | ||
| TOM FINK | ||||||||
| TRUSTEE | 1.00 | 0.02 | Yes (X) | $0 | $0 | $0 | ||
| CARY JACKSON | ||||||||
| TRUSTEE | 1.00 | 0.02 | Yes (X) | $0 | $0 | $0 | ||
| ED JOHNSON | ||||||||
| TRUSTEE | 1.00 | 0.02 | Yes (X) | $0 | $0 | $0 | ||
| CHRISTINE NICKERSON | ||||||||
| TRUSTEE | 1.00 | 0.02 | Yes (X) | $0 | $0 | $0 | ||
| SAMMI PAHLOW | ||||||||
| TRUSTEE | 1.00 | 0.02 | Yes (X) | $0 | $0 | $0 | ||
| CHARLENE ZIDELL | ||||||||
| TRUSTEE | 1.00 | 0.02 | Yes (X) | $0 | $0 | $0 | ||
| TINA ADAMS | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| HERMANN COLAS JR | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| GARY CUMPSTON | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MARY DICK | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| TOM KEELER | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| KRISTEN KERN | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| CHRISTOPHER LIDDLE | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| ROSS LIENHART | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JOE MCFERRIN II | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| CORRIE OLIVA | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| STEVE PETRUZELLI | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MIKE RICHARDSON | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| PAUL SCHELSINGER | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| VERA SELL | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| RICHARD SOLOMON | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| BARRE STOLL | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| LINDA WILLIAMS | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| HELEN YING | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| STEPHEN PERCY | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| SARAH SCHWARZ | ||||||||
| PRESIDENT & CEO | 40.00 | 0.25 | Yes (X) | $349,274 | $0 | $48,767 | ||
| STACEY HENRIQUEZ | ||||||||
| CHIEF FINANCIAL & ADMIN OFFICER | 40.00 | 0.25 | Yes (X) | $189,169 | $0 | $31,451 | ||
| BRIAN HESS | ||||||||
| VICE PRESIDENT OF DEVELOPMENT | 40.00 | Yes (X) | $175,641 | $0 | $43,412 | |||
| CATHERINE SOULAGES VP | ||||||||
| OF ENGAGEMENT AND COMMUNICATIONS | 40.00 | Yes (X) | $171,583 | $0 | $29,038 | |||
| MARY CONIGLIO | ||||||||
| EXECUTIVE DIRECTOR ALUMNI RELATIONS | 40.00 | Yes (X) | $109,567 | $0 | $17,856 | |||
| JAYMEE JACOBY ASST VP | ||||||||
| OF DEVELOPMENT, SCHOOLS & UNITS | 40.00 | $135,200 | $0 | $39,122 | Yes (X) | |||
| KARIN TRUMBO ASST VP | ||||||||
| OF PRINCIPAL & PLANNED GIFTS | 40.00 | $127,840 | $0 | $33,258 | Yes (X) | |||
| MICHELLE JENSON | ||||||||
| DIRECTOR OF FINANCE & ACCOUNTING | 40.00 | $122,175 | $0 | $37,903 | Yes (X) | |||
| TERI WINGARD DIRECTOR | ||||||||
| OF DATA MANAGEMENT & IT SERVICES | 40.00 | $127,825 | $0 | $24,030 | Yes (X) | |||
| SCOTT SHLAES SR DIRECTOR | ||||||||
| FOR INSTITUTIONAL PARTNERSHIPS | 40.00 | $108,376 | $0 | $35,275 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,616,650 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $340,112 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 14 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SELLWOOD CONSULTING LLC | BusinessNameLine1Txt |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6650 SW REDWOOD LANE SUITE 370 | AddressLine1Txt |
| City | PORTLAND | CityNm |
| State Abbreviation | OR | StateAbbreviationCd |
| ZIP | 97224 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | INVESTMENT MANAGEMENT | ServicesDesc |
| Compensation | $149,898 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $638,682 | FundraisingAmt |
| Government Grants | $5,933 | GovernmentGrantsAmt |
| All Other Contributions | $26,288,467 | AllOtherContributionsAmt |
| Noncash Contributions | $1,324,073 | NoncashContributionsAmt |
| Total Contributions | $26,933,082 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| CONTRACT SERVICE REVEN | 541900 | $6,777,265 | $6,777,265 |
| OTHER PROGRAM SERVICE | 900099 | $403,018 | $403,018 |
| SPECIAL EVENTS | 900099 | $16,284 | $16,284 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $7,196,567 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,327,622 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $12,517 | UnrelatedBusinessRevenueAmt |
| Exclusion | $3,315,105 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $17,282,464 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $15,989,067 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,293,397 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,293,397 | TotalRevenueColumnAmt |
| Exclusion | $1,293,397 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $93,520 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $638,682 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $186,595 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$93,075 | TotalRevenueColumnAmt |
| Exclusion | -$93,075 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Gross Income | $9,676 | GamingGrossIncomeAmt |
| Gaming Direct Expenses | $4,757 | GamingDirectExpensesAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,919 | TotalRevenueColumnAmt |
| Exclusion | $4,919 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $38,662,512 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $7,196,567 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $12,517 | UnrelatedBusinessRevenueAmt |
| Exclusion | $4,520,346 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,732,072 | TotalAmt |
| Program Services | $17,732,072 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,236,994 | TotalAmt |
| Program Services | $21,429 | ProgramServicesAmt |
| Management And General | $696,830 | ManagementAndGeneralAmt |
| Fundraising | $518,735 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,827,446 | TotalAmt |
| Program Services | $391,134 | ProgramServicesAmt |
| Management And General | $1,059,595 | ManagementAndGeneralAmt |
| Fundraising | $3,376,717 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $274,480 | TotalAmt |
| Program Services | $25,433 | ProgramServicesAmt |
| Management And General | $24,727 | ManagementAndGeneralAmt |
| Fundraising | $224,320 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $710,084 | TotalAmt |
| Program Services | $72,866 | ProgramServicesAmt |
| Management And General | $221,519 | ManagementAndGeneralAmt |
| Fundraising | $415,699 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $529,062 | TotalAmt |
| Program Services | $40,040 | ProgramServicesAmt |
| Management And General | $150,181 | ManagementAndGeneralAmt |
| Fundraising | $338,841 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $43,629 | TotalAmt |
| Management And General | $22,354 | ManagementAndGeneralAmt |
| Fundraising | $21,275 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $99,259 | TotalAmt |
| Management And General | $99,259 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,228 | TotalAmt |
| Program Services | $10,228 | ProgramServicesAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $294,237 | TotalAmt |
| Management And General | $294,237 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $306,751 | TotalAmt |
| Program Services | $19,166 | ProgramServicesAmt |
| Management And General | $169,675 | ManagementAndGeneralAmt |
| Fundraising | $117,910 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $49,897 | TotalAmt |
| Program Services | $566 | ProgramServicesAmt |
| Management And General | $47,282 | ManagementAndGeneralAmt |
| Fundraising | $2,049 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $181,271 | TotalAmt |
| Program Services | $22,460 | ProgramServicesAmt |
| Management And General | $66,719 | ManagementAndGeneralAmt |
| Fundraising | $92,092 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $450,456 | TotalAmt |
| Program Services | $5,779 | ProgramServicesAmt |
| Management And General | $155,993 | ManagementAndGeneralAmt |
| Fundraising | $288,684 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,880 | TotalAmt |
| Program Services | $4,361 | ProgramServicesAmt |
| Management And General | $846 | ManagementAndGeneralAmt |
| Fundraising | $4,673 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,399 | TotalAmt |
| Program Services | $1,449 | ProgramServicesAmt |
| Management And General | $7,706 | ManagementAndGeneralAmt |
| Fundraising | $12,244 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $108,501 | TotalAmt |
| Program Services | $577 | ProgramServicesAmt |
| Management And General | $44,037 | ManagementAndGeneralAmt |
| Fundraising | $63,887 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $108,998 | TotalAmt |
| Program Services | $1,928 | ProgramServicesAmt |
| Management And General | $33,793 | ManagementAndGeneralAmt |
| Fundraising | $73,277 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $41,881 | TotalAmt |
| Management And General | $13,251 | ManagementAndGeneralAmt |
| Fundraising | $28,630 | FundraisingAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| CULTIVATION/STEWARDSHIP | $127,203 | $9,420 | $18,295 | $99,488 |
| STAFF DEVELOPMENT | $66,830 | $538 | $17,406 | $48,886 |
| ALUMNI ENGAGEMENT | $22,962 | $20,195 | $2,457 | $310 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,253,520 | TotalAmt |
| Program Services | $18,379,641 | ProgramServicesAmt |
| Management And General | $3,146,162 | ManagementAndGeneralAmt |
| Fundraising | $5,727,717 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $520 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,453,161 | BOYAmt |
| EOY | $8,141,290 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,376,581 | BOYAmt |
| EOY | $18,145,357 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $58,034 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $227,418 | BOYAmt |
| EOY | $350,715 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,915,435 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,793,496 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $171,421 | BOYAmt |
| EOY | $121,939 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $134,730,562 | BOYAmt |
| EOY | $133,982,010 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $7,634,653 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,151,094 | BOYAmt |
| EOY | $1,151,094 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$389,752 | BOYAmt |
| EOY | $4,799,215 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $160,720,485 | BOYAmt |
| EOY | $174,384,827 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,592,102 | BOYAmt |
| EOY | $3,471,073 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,000 | BOYAmt |
| EOY | $28,500 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,624,811 | BOYAmt |
| EOY | $4,350,643 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,221,913 | BOYAmt |
| EOY | $7,850,216 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,175,965 | BOYAmt |
| EOY | $10,381,390 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $144,322,607 | BOYAmt |
| EOY | $156,153,221 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $153,498,572 | BOYAmt |
| EOY | $166,534,611 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $160,720,485 | BOYAmt |
| EOY | $174,384,827 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $11,408,992 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $2,400,830 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$773,783 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $21,481,693 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $16,256,157 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $22,351,072 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $19,639,761 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $26,933,082 | CurrentTaxYearAmt |
| Total | $106,661,765 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $21,481,693 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $16,256,157 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $22,351,072 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $19,639,761 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $26,933,082 | CurrentTaxYearAmt |
| Total | $106,661,765 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $5,358,480 | SubstantialContributorsTotAmt |
| Public Support Total170 | $101,303,285 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,504,404 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $7,451,537 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,414,241 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,522,536 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,327,622 | CurrentTaxYearAmt |
| Total | $19,220,340 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | $10,365 | CurrentTaxYearAmt |
| Total | $10,365 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $345,240 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $191,437 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $25,181 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $72,625 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $93,520 | CurrentTaxYearAmt |
| Total | $728,003 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $126,620,473 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $40,651,808 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.80010 | PublicSupportCY170Pct |
| Public Support PY170 | 0.79680 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: | FormAndLineReferenceDesc |
| Explanation | FUNDRAISING INCOME - 2018 AMOUNT: $ 345,240. 2019 AMOUNT: $ 191,437. 2020 AMOUNT: $ 25,181. 2021 AMOUNT: $ 72,625. 2022 AMOUNT: $ 93,520. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | VolunteersInd |
| Paid Staff Or Management | 0 | PaidStaffOrManagementInd |
| Media Advertisements | 0 | MediaAdvertisementsInd |
| Mailings Members | 0 | MailingsMembersInd |
| Publications Or Broadcast | 0 | PublicationsOrBroadcastInd |
| Grants Other Organizations | 0 | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | Yes (1) | DirectContactLegislatorsInd |
| Direct Contact Legislators | $10,228 | DirectContactLegislatorsAmt |
| Rallies Demonstrations | 0 | RalliesDemonstrationsInd |
| Other Activities | 0 | OtherActivitiesInd |
| Total Lobbying Expenditures | $10,228 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | 0 | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II-B, LINE 1, LOBBYING ACTIVITES: | FormAndLineReferenceDesc |
| Explanation | PSUF OPERATED A "DAY AT THE CAPITAL" WHERE PORTLAND STATE UNIVERSITY (PSU) REPRESENTATIVES LOBBY ELECTED OFFICIALS FOR SUPPORT OF PSU. EXPENSES INCURRED RELATE TO TRANSPORTATION AND MEALS FOR PARTICIPANTS. | ExplanationTxt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $96,602,029 | BeginningYearBalanceAmt |
| Contributions | $10,692,838 | ContributionsAmt |
| Investment Earnings Or Losses | $6,810,407 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,944,231 | OtherExpendituresAmt |
| Administrative Expenses | $1,496,764 | AdministrativeExpensesAmt |
| End Year Balance | $109,664,279 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $102,726,515 | BeginningYearBalanceAmt |
| Contributions | $8,319,930 | ContributionsAmt |
| Investment Earnings Or Losses | -$10,273,106 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,933,965 | OtherExpendituresAmt |
| Administrative Expenses | $1,237,345 | AdministrativeExpensesAmt |
| End Year Balance | $96,602,029 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $79,122,216 | BeginningYearBalanceAmt |
| Contributions | $7,054,816 | ContributionsAmt |
| Investment Earnings Or Losses | $19,297,080 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,617,638 | OtherExpendituresAmt |
| Administrative Expenses | $1,129,959 | AdministrativeExpensesAmt |
| End Year Balance | $102,726,515 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $80,100,328 | BeginningYearBalanceAmt |
| Contributions | $1,885,150 | ContributionsAmt |
| Investment Earnings Or Losses | $718,418 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,499,988 | OtherExpendituresAmt |
| Administrative Expenses | $1,081,692 | AdministrativeExpensesAmt |
| End Year Balance | $79,122,216 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $76,417,691 | BeginningYearBalanceAmt |
| Contributions | $3,409,040 | ContributionsAmt |
| Investment Earnings Or Losses | $3,328,422 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,026,565 | OtherExpendituresAmt |
| Administrative Expenses | $1,028,260 | AdministrativeExpensesAmt |
| End Year Balance | $80,100,328 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.16320 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.78910 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.04770 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $346,702 | OtherCostOrOtherBasisAmt |
| Depreciation | $293,566 | DepreciationAmt |
| Book Value | $53,136 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $249,936 | OtherCostOrOtherBasisAmt |
| Depreciation | $193,635 | DepreciationAmt |
| Book Value | $56,301 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,318,797 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,306,295 | DepreciationAmt |
| Book Value | $12,502 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $121,939 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| ENDOWMENTS HELD FOR PSU | $2,530,139 |
| OBLIGATIONS TO BENFICIARIES UNDER SPLIT-INTEREST AGREEMENTS | $1,820,504 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $4,350,643 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $40,181,917 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $2,400,830 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $186,595 | OtherRevenueAmt |
| Revenue Not Reported | $2,587,425 | RevenueNotReportedAmt |
| Revenue Subtotal | $37,594,492 | RevenueSubtotalAmt |
| Other Revenues Not Included | $1,068,020 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $1,068,020 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $38,662,512 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $27,145,878 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $186,595 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $186,595 | ExpensesNotReportedAmt |
| Expenses Subtotal | $26,959,283 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $294,237 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $294,237 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $27,253,520 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | THE FOUNDATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(A) AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND COMPARABLE STATE LAW. THE FOUNDATION IS SUBJECT TO UNRELATED BUSINESS INCOME TAX (UBIT) ON ANY UNRELATED BUSINESS INCOME, AND MANAGEMENT BELIEVES ANY UBIT WOULD BE IMMATERIAL TO THE FINANCIALS. THE FOUNDATION DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | RECLASS OF FUNDRAISING DIRECT EXPENSES |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | RECLASS OF INVESTMENT MANAGEMENT SERVICES CHANGE IN DISCOUNT ON PLEDGES CHANGE IN ALLOWANCE FOR UNCOLLECTIBLE PLEDGES |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | RECLASS OF FUNDRAISING DIRECT EXPENSES |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | RECLASS OF INVESTMENT MANAGEMENT SERVICES |
| PART V, LINE 4 | THE PURPOSE OF THE ORGANIZATION'S ENDOWMENT FUNDS IS TO SUPPORT PORTLAND STATE UNIVERSITY. ENDOWMENT FUNDS ARE USED FOR SPECIFIC CHARITABLE PURPOSES DESIGNATED BY DONORS (E.G. PRIMARILY FOR SCHOLARSHIPS, FELLOWSHIPS, CAPITAL PROJECTS, AND SUPPORT OF ACADEMIC PROGRAMS). |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | CENTRAL AMERICA AND THE CARIBBEAN | RegionTxt |
| Offices | 0 | OfficesCnt |
| Employee | 0 | EmployeeCnt |
| Type Of Activities Conducted | INVESTMENTS | TypeOfActivitiesConductedTxt |
| Specific Services Provided | N/A | SpecificServicesProvidedTxt |
| Region Total Expenditures | $7,530,000 | RegionTotalExpendituresAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $7,530,000 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $7,530,000 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (1) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (1) | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART III ACCOUNTING METHOD: | FormAndLineReferenceDesc |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agrmt Prof Fundraising Acty | 0 | AgrmtProfFundraisingActyInd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | PSU SHOWCASE | Event1Nm |
| Gross Receipts Event1 | $319,352 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $319,352 | CharitableContriEvent1Amt |
| Other Direct Expenses Event1 | $102,272 | OtherDirectExpensesEvent1Amt |
| Event2 | VOCE | Event2Nm |
| Gross Receipts Event2 | $180,142 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $180,142 | CharitableContriEvent2Amt |
| Food And Beverage Event2 | $13,400 | FoodAndBeverageEvent2Amt |
| Entertainment Event2 | $3,634 | EntertainmentEvent2Amt |
| Other Direct Expenses Event2 | $11,391 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 1 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $232,708 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $139,188 | CharitableContriOtherEventsAmt |
| Gross Revenue Other Events | $93,520 | GrossRevenueOtherEventsAmt |
| Food And Beverage Other Events | $23,813 | FoodAndBeverageOtherEventsAmt |
| Oth Direct Expnss Other Events | $32,085 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $732,202 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $638,682 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $93,520 | GrossRevenueTotalEventsAmt |
| Food And Beverage Total Events | $37,213 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $3,634 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $145,748 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $186,595 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$93,075 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PORTLAND STATE UNIVERSITY | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 751 | AddressLine1Txt |
| City | PORTLAND | CityNm |
| State Abbreviation | OR | StateAbbreviationCd |
| ZIP | 97207 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 936001786 | RecipientEIN |
| IRC Section | STATE OF OREGON | IRCSectionDesc |
| Cash Grant | $17,732,072 | CashGrantAmt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
| Purpose Of Grant | SCHOLARSHIPS, FELLOWSHIPS, CAPITAL PROJECTS, ACADEMIC & ADMINISTRATIVE SUPPORT | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE FOUNDATION EXISTS TO SUPPORT THE UNIVERSITY BY PROVIDING GRANTS IN THE FORM OF SCHOLARSHIPS AND FELLOWSHIPS, ACADEMIC SUPPORT, CAPITAL PROJECTS, AND ADMINISTRATIVE SUPPORT. TO ENSURE THAT GRANT FUNDS ARE EXPENDED FOR THE INTENDED PURPOSES, THE FOUNDATION APPROVES GRANT DISBURSEMENTS TO THE UNIVERSITY ONLY WHEN PROPER SUPPORTING DOCUMENTATION AND AUTHORIZATION BY DEPARTMENT HEADS ARE OBTAINED AND WHEN THE EXPENDITURE SATISFIES THE RESTRICTED PURPOSES IMPOSED BY DONORS AND FURTHERS THE EXEMPT MISSIONS OF THE FOUNDATION. BECAUSE SUPPORTING DOCUMENTATION AND AUTHORIZATION IS CAREFULLY EXAMINED BEFORE THE GRANT IS GIVEN AND THE PURPOSES FOR THE GRANT ARE KNOWN BEFORE IT IS AWARDED, NO ADDITIONAL FOLLOW UP IS PERFORMED TO FIND OUT HOW THE GRANT WAS USED. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | 0 | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (1) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (8 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SARAH SCHWARZ | ||||||||||||||
| PRESIDENT & CEO | $314,005 | $0 | $30,000 | $0 | $5,269 | $0 | $32,475 | $0 | $16,292 | $0 | $398,041 | $0 | $0 | $0 |
| STACEY HENRIQUEZ | ||||||||||||||
| CHIEF FINANCIAL & ADMIN OFFICER | $189,069 | $0 | $0 | $0 | $100 | $0 | $22,692 | $0 | $8,759 | $0 | $220,620 | $0 | $0 | $0 |
| BRIAN HESS | ||||||||||||||
| VICE PRESIDENT OF DEVELOPMENT | $175,541 | $0 | $0 | $0 | $100 | $0 | $20,237 | $0 | $23,175 | $0 | $219,053 | $0 | $0 | $0 |
| CATHERINE SOULAGES VP | ||||||||||||||
| OF ENGAGEMENT AND COMMUNICATIONS | $163,243 | $0 | $8,240 | $0 | $100 | $0 | $20,353 | $0 | $8,685 | $0 | $200,621 | $0 | $0 | $0 |
| JAYMEE JACOBY ASST VP | ||||||||||||||
| OF DEVELOPMENT, SCHOOLS & UNITS | $131,835 | $0 | $3,255 | $0 | $110 | $0 | $16,119 | $0 | $23,003 | $0 | $174,322 | $0 | $0 | $0 |
| KARIN TRUMBO ASST VP | ||||||||||||||
| OF PRINCIPAL & PLANNED GIFTS | $126,215 | $0 | $1,500 | $0 | $125 | $0 | $15,546 | $0 | $17,712 | $0 | $161,098 | $0 | $0 | $0 |
| MICHELLE JENSON | ||||||||||||||
| DIRECTOR OF FINANCE & ACCOUNTING | $119,056 | $0 | $3,019 | $0 | $100 | $0 | $14,949 | $0 | $22,954 | $0 | $160,078 | $0 | $0 | $0 |
| TERI WINGARD DIRECTOR | ||||||||||||||
| OF DATA MANAGEMENT & IT SERVICES | $126,225 | $0 | $1,500 | $0 | $100 | $0 | $15,533 | $0 | $8,497 | $0 | $151,855 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | SOCIAL CLUB FEES TOTALING $5,169 WERE PAID ON BEHALF OF SARAH SCHWARZ, PRESIDENT & CEO, IN THE CALENDAR YEAR. THE AMOUNT IS REPORTED ON SCHEDULE J, PART II, COL B (III). |
| PART I, LINE 4A | MARY CONIGLIO, FORMER EXECUTIVE DIRECTOR OF ALUMNI RELATIONS, RECEIVED A SEVERANCE PAYMENT OF $40,000. |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 32 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,324,073 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | AVG HIGH/LOW PRICE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, COLUMN (B): | THE AMOUNT REPORTED REPRESENTS THE NUMBER OF ACTUAL CONTRIBUTIONS RECEIVED AND NOT THE NUMBER OF ITEMS RECEIVED FOR EACH CONTRIBUTION. |
| PART I, LINE 32B: | THE FOUNDATION OCCASIONALLY RECEIVES NONCASH CONTRIBUTIONS OF REAL OR PERSONAL PROPERTY AND USES A THIRD PARTY, SUCH AS A REAL ESTATE BROKER OR AUCTIONEER, TO DISPOSE OF THE ASSETS AND CONVERT THEM TO CASH. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: | FOUNDED IN 1963, PSU FOUNDATION RAISES AND MANAGES PHILANTHROPIC CONTRIBUTIONS TO PORTLAND STATE UNIVERSITY, OREGON'S ONLY URBAN PUBLIC RESEARCH UNIVERSITY. OVER THE LAST TWO DECADES, THE FOUNDATION HAS TRANSFERRED OVER TO $350 MILLION TO PSU TO SUPPORT STUDENT AND FACULTY SUCCESS, PROGRAM DEVELOPMENT, AND CAPITAL CONSTRUCTION. SERVING CLOSE TO 24,000 STUDENTS A YEAR, PSU IS PORTLAND'S MOST VIBRANT RESOURCE FOR LEARNING, SCHOLARSHIP, RESEARCH, CREATIVITY, CULTURE AND WORKFORCE DEVELOPMENT. A LEGACY OF EDUCATIONAL ACCESS AND URBAN PARTNERSHIP IS CENTRAL TO PSU'S MISSION - AND THE REASON IT IS REPEATEDLY NAMED ONE OF THE MOST INNOVATIVE COLLEGES IN THE NATION BY U.S. NEWS AND WORLD REPORT. PSU FOUNDATION'S FUNDRAISING PRIORITIES INCLUDE ACADEMIC SCHOLARSHIPS FOR PROMISING STUDENTS WITH LIMITED RESOURCES AS WELL AS FACULTY, PROGRAM AND CAPITAL SUPPORT. IN ADDITION TO DIRECT FUND-RAISING EFFORTS, PSU FOUNDATION DIRECTS DONOR STEWARDSHIP ACTIVITIES, ADMINISTERS RECORDS, OVERSEES REPORTING, AND INVESTS AND MANAGES FINANCIAL RESOURCES IN ACCORDANCE WITH DONOR WISHES. PSU FOUNDATION'S INDEPENDENT VOLUNTEER BOARD OF TRUSTEES HELPS PORTLAND STATE UNIVERSITY FOUNDATION PROMOTE PSU'S MISSION AND FUND-RAISING PRIORITIES BY LEVERAGING EXPERTISE AND RELATIONSHIPS AND COMMITTING PERSONAL RESOURCES. |
| FORM 990, PART VI, SECTION A, LINE 2 | THE FOLLOWING PERSONS REPORTED IN PART VII, SECTION A, HAVE A BUSINESS RELATIONSHIP: CARY JACKSON & ROSS LIENHART. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS CAREFULLY REVIEWED IN DRAFT FORM BY THE MEMBERS OF THE FOUNDATION'S AUDIT COMMITTEE. MOSS ADAMS LLP, THE TAX PREPARER, ATTENDS THE AUDIT COMMITTEE MEETING AND DISCUSSES THE FORM 990 IN DETAIL WITH THE AUDIT COMMITTEE. ALL REVIEWERS ARE GIVEN TIME TO RESPOND TO ANY REVISIONS. AFTER INCORPORATION OF ALL REVISIONS AND PRIOR TO FILING, THE FINAL FORM 990 IS SENT ELECTRONICALLY TO ALL MEMBERS OF THE BOARD OF TRUSTEES EXCLUDING THE SCHEDULE OF CONTRIBUTORS, WITH AN E-MAIL CALLING THEIR ATTENTION TO PORTIONS OF THE FORM MOST LIKELY TO BE READ BY THE PUBLIC AND FUNDERS. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE PURPOSE OF THE CONFLICT OF INTEREST POLICY IS TO PROTECT THE FOUNDATION'S INTEREST WHEN IT IS CONTEMPLATING ENTERING INTO A TRANSACTION OR ARRANGEMENT THAT MIGHT BENEFIT THE PRIVATE INTEREST OF AN OFFICER OR DIRECTOR OF THE FOUNDATION. PURSUANT TO THE CONFLICT OF INTEREST POLICY, ANY INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF HIS OR HER FINANCIAL INTEREST AND MUST BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE BOARD CHAIR, AND TO DIRECTORS AND MEMBERS OF COMMITTEES WITH BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. THE DETERMINATION WHETHER A CONFLICT OF INTEREST EXISTS SHALL BE MADE BY THE BOARD OF TRUSTEES. PENDING SUCH DETERMINATION, THE INTERESTED PERSON SHALL RECUSE HIMSELF OR HERSELF FROM PARTICIPATION IN THE REVIEW OF AND VOTING UPON THE TRANSACTION OR ARRANGEMENT IN WHICH THAT PERSON HAS A POSSIBLE CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY ATTAINABLE UNDER CIRCUMSTANCES THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST, THE BOARD SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED TRUSTEES WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE FOUNDATION'S BEST INTEREST AND FOR ITS OWN BENEFIT AND WHETHER THE TRANSACTION IS FAIR AND REASONABLE TO THE FOUNDATION AND SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT IN CONFORMITY WITH SUCH DETERMINATION. THE CONFLICT OF INTEREST POLICY IS MONITORED BY AN ANNUAL DISTRIBUTION OF QUESTIONNAIRES TO ALL OFFICERS, DIRECTORS AND KEY EMPLOYEES. IF THE BOARD DETERMINES THAT AN INTERESTED PERSON HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, THE BOARD SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH BOARD DELEGATED POWERS ANNUALLY SHALL SIGN A STATEMENT WHICH AFFIRMS THAT SUCH PERSON HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY, HAS AGREED TO COMPLY WITH THE POLICY, AND UNDERSTANDS THAT THE FOUNDATION IS A CHARITABLE ORGANIZATION AND THAT IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. |
| FORM 990, PART VI, SECTION B, LINE 15 | IN JUNE 2023, THE EXECUTIVE COMMITTEE, COMPRISED OF INDEPENDENT MEMBERS OF THE BOARD OF TRUSTEES, APPROVED THE COMPENSATION OF THE PRESIDENT/CEO. ANNUALLY AS PART OF THE BUDGET PROCESS, THE FINANCE COMMITTEE AND SUBSEQUENTLY THE BOARD OF TRUSTEES, REVIEWS AND APPROVES THE COMPENSATION OF ALL FOUNDATION EMPLOYEES INCLUDING THE CEO, OTHER OFFICERS, AND KEY EMPLOYEES. COMPENSATION FOR ALL EMPLOYEES OF THE ORGANIZATION IS DETERMINED USING COMPENSATION DATA FROM SALARY SURVEYS AND 990 FILINGS FOR SIMILAR POSITIONS AND ORGANIZATIONS IN OREGON AND NATIONALLY; AND AS APPROPRIATE THE LOCAL LABOR MARKET FOR SIMILAR POSITIONS IN THE PRIVATE SECTOR AND GOVERNMENTAL ORGANIZATIONS. THE BOARD'S PROCESS AND DECISIONS ARE DOCUMENTED IN THE BOARD MINUTES. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE FOUNDATION'S AUDITED FINANCIAL STATEMENTS ARE POSTED ON THE ORGANIZATION'S WEBSITE. THE FOUNDATION'S GOVERNING INSTRUMENTS, CONFLICT OF INTEREST POLICIES, AND OTHER DOCUMENTS AND POLICY STATEMENTS MAY BE MADE AVAILABLE UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | CHANGE IN DISCOUNT ON PLEDGES -177,584. CHANGE IN ALLOWANCE FOR UNCOLLECTIBLE PLEDGES -596,199. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|
| BROADWAY HOUSING LLC | |||||||||
| 1600 SW 4TH AVE SUITE 730 | PORTLAND | OR | 97201 | 930619733 | HOUSING | OR | $0 | $0 | PORTLAND STATE UNIVERSITY FOUNDATION |
| PSU IMPACT VENTURES LLC | |||||||||
| 1600 SW 4TH AVE SUITE 730 | PORTLAND | OR | 97201 | INVESTMENT | OR | $0 | $104,740 | PORTLAND STATE UNIVERSITY FOUNDATION | |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 2828 CORBETT INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1600 SW 4TH AVE SUITE 730 | AddressLine1Txt |
| City | PORTLAND | CityNm |
| State Abbreviation | OR | StateAbbreviationCd |
| ZIP | 97201 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 202021524 | EIN |
| Primary Activities | PROPERTY MANAGEMENT | PrimaryActivitiesTxt |
| Legal Domicile State | OR | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(2) | ExemptCodeSectionTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PORTLAND STATE UNIVERSITY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PERPETUAL INCOME TRUST (1) | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | PERPETUAL INCOME TRUST | PrimaryActivitiesTxt |
| Legal Domicile State | OR | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PORTLAND STATE UNIVERSITY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
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