BETA

FUND FOR PORTLAND PUBLIC SCHOOLS: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
FUND FOR PORTLAND PUBLIC SCHOOLS (EIN 84-2040549)
Tax period
2023-07-01 to 2024-06-30
Filed
2025-02-04
IRS object ID
202500359349301715
Schema version
2023v6.0
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 ReturnHeader

FieldValueIRS element (for citing)
Return2025-02-04T16:49:25-06:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN930900579PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MCDONALD JACOBS PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1121 SW SALMON ST STE 1100AddressLine1Txt
CityPORTLANDCityNm
State AbbreviationORStateAbbreviationCd
ZIP97204ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN842040549EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FUND FOR PORTLAND PUBLIC SCHOOLSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlFUNDBusinessNameControlTxt
Phone5039163270PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1501 NORTH DIXON STREETAddressLine1Txt
CityPORTLANDCityNm
State AbbreviationORStateAbbreviationCd
ZIP97227ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonROBYN FARAONEPersonNm
Person TitleDIRECTORPersonTitleTxt
Phone5039163270PhoneNum
Signature2025-02-04SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSANG AHNPreparerPersonNm
PTINP00540880PTIN
Phone5032270581PhoneNum
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerROBYN FARAONEPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1501 NORTH DIXON STREETAddressLine1Txt
CityPORTLANDCityNm
State AbbreviationORStateAbbreviationCd
ZIP97227ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$4,754,110GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.FUNDFORPPS.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2019FormationYr
Legal Domicile StateORLegalDomicileStateCd
Activity Or MissionTHE MISSION OF THE FUND FOR PORTLAND PUBLIC SCHOOLS (FUND FOR PPS) IS TO SUPPORT PORTLAND PUBLIC SCHOOLS, THE LARGEST DISTRICT IN THE STATE OF OREGON SERVING 45,000 STUDENTS, BY BUILDING A ROBUST GENEROSITY NETWORK, STEWARDING STRATEGIC INVESTMENTS & PARTNERSHIPS, AND MANAGING THE LOCAL SCHOOL FOUNDATIONS.ActivityOrMissionDesc
Voting Members Governing Body4VotingMembersGoverningBodyCnt
Voting Members Independent4VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers4TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$4,432,074PYContributionsGrantsAmt
CY Contributions Grants$4,754,110CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$4,432,074PYTotalRevenueAmt
CY Total Revenue$4,754,110CYTotalRevenueAmt
PY Grants And Similar Paid$4,339,582PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$4,193,827CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$231,152PYOtherExpensesAmt
CY Other Expenses$201,954CYOtherExpensesAmt
PY Total Expenses$4,570,734PYTotalExpensesAmt
CY Total Expenses$4,395,781CYTotalExpensesAmt
PY Revenues Less Expenses-$138,660PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$358,329CYRevenuesLessExpensesAmt
Total Assets BOY$3,925,024TotalAssetsBOYAmt
Total Assets EOY$4,970,911TotalAssetsEOYAmt
Total Liabilities BOY$2,937,457TotalLiabilitiesBOYAmt
Total Liabilities EOY$3,625,015TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$987,567NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,345,896NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE MISSION OF THE FUND FOR PORTLAND PUBLIC SCHOOLS (FUND FOR PPS) IS TO SUPPORT PORTLAND PUBLIC SCHOOLS, THE LARGEST DISTRICT IN THE STATE OF OREGON SERVING 45,000 STUDENTS, BY BUILDING A ROBUST GENEROSITY NETWORK, STEWARDING STRATEGIC INVESTMENTS & PARTNERSHIPS, AND MANAGING THE LOCAL SCHOOL FOUNDATIONS.THE FUND FOR PPS FOCUSES ON BUILDING AND ACCELERATING THE IDENTIFICATION, CULTIVATION, AND STRENGTHENING OF STRATEGIC RELATIONSHIPS WITH THOSE WHO WILL SERVE AS INVESTMENT PARTNERS IN A CITYWIDE MOVEMENT TO CREATE A WORLD-CLASS PUBLIC SCHOOL SYSTEM. LOCATED WITHIN MULTNOMAH COUNTY, THE ORGANIZATION'S CORE FUNCTION IS TO CREATE, COORDINATE, AND FACILITATE PUBLIC, PRIVATE, AND PHILANTHROPIC PARTNERSHIPS THAT FOSTER EQUITABLE OPPORTUNITIES AND BENEFITS FOR PPS STUDENTS.THE FUND FOR PPS SERVES ALL THE STUDENTS OF PORTLAND PUBLIC SCHOOLS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$59,930ExpenseAmt
Grant$59,930GrantAmt
DescTHE CRISIS RELIEF FOR PPS STUDENTS AND FAMILIES HAS BEEN A PROGRAM OF THE FUND FOR PPS SINCE MARCH OF 2020. IN THE 2023-2024 SCHOOL YEAR, PPS SOCIAL WORKERS DISTRIBUTED $59,930 IN DIRECT AID TO PPS FAMILIES FACING FINANCIAL CRISES. THIS SUPPORT HELPED STABILIZE FAMILIES WHILE OTHER COMMUNITY RESOURCES WERE BEING ACCESSED.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$3,508,960ExpenseAmt
Grant$3,367,625GrantAmt
DescIN THE 2022-23 SCHOOL YEAR, LOCAL SCHOOL FOUNDATIONS FUNDRAISED $2.5 MILLION DOLLARS, PROVIDING A TOTAL OF $728,500 TO AWARD THROUGH THE PPS PARENT FUND. FOR THE 2022-23 SCHOOL YEAR, 61 SCHOOLS AND PROGRAMS WILL RECEIVE GRANTS RANGING FROM $5,000 TO $15,000. THE FUND USES TWO COMBINED CRITERIA TO MAKE AWARDS: TO RECEIVE A GRANT A SCHOOL OR PROGRAM MUST ENROLL 1) AT LEAST 40% STUDENTS IDENTIFIED AS HISTORICALLY UNDERSERVED AND 2) AT LEAST 15% STUDENTS ELIGIBLE FOR FREE MEALS BY DIRECT CERTIFICATION. USING JUST TWO DATA POINTS ENABLES US TO IDENTIFY THE SCHOOLS WITH THE GREATEST NEED FOR AN AWARD AND PROVIDE CLEAR TRANSPARENCY.AWARDED SCHOOLS USE THESE FUNDS TO SUPPORT THEIR SCHOOL IMPROVEMENT PLANS TO INCREASE STUDENT ACHIEVEMENT.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$766,272ExpenseAmt
Grant$766,272GrantAmt
DescPORTLAND GENERAL ELECTRIC (PGE) PROVIDED AN AWARD THROUGH THEIR ELECTRIC SCHOOL BUS PROGRAM. THE FUND FOR PPS PASSED THE AWARD TO PORTLAND PUBLIC SCHOOLS AND THE SCHOOL DISTRICT WILL PURCHASE AN ELECTRIC SCHOOL BUS WITH THE AWARD. THE CLIMATE RESPONSE POLICY ADVISORY MEETS REGULARLY AND ADVISES THE DISTRICT ON ISSUES OF GREAT IMPORTANCE TO THEM AND THEIR FUTURES. THIS WORK WILL CONTINUE TO EXPAND AS THE PPS SCHOOL DISTRICT PASSED THE CLIMATE CRISIS RESPONSE IN MARCH 2022, PAVING THE WAY FOR REDUCING GHG EMISSIONS AND BEING CARBON-NEUTRAL BY 2040.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$4,335,162TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document16IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members4GoverningBodyVotingMembersCnt
Independent Voting Member4IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldORStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ROBYN FARAONEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone5039163270PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1501 N DIXON STAddressLine1Txt
CityPORTLANDCityNm
State AbbreviationORStateAbbreviationCd
ZIP97227ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (4 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
VICTORIA LARA
BOARD CHAIR0.30Yes (X)Yes (X)$0$0$0
KELLY HUOTARI
BOARD MEMBER0.20Yes (X)$0$0$0
CHRIS MINNICH
BOARD MEMBER0.20Yes (X)$0$0$0
JONATHAN GARCIA
PRESIDENT1.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$4,754,110AllOtherContributionsAmt
Total Contributions$4,754,110TotalContributionsAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,754,110TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$4,193,827TotalAmt
Program Services$4,193,827ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$17,285TotalAmt
Management And General$17,285ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$141,335TotalAmt
Program Services$141,335ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$3,859TotalAmt
Management And General$3,859ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescOTHER OPERATING COSTSDesc
Total$39,475TotalAmt
Management And General$39,475ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$4,395,781TotalAmt
Program Services$4,335,162ProgramServicesAmt
Management And General$60,619ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$3,829,976BOYAmt
EOY$4,671,323EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$95,048BOYAmt
EOY$284,295EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$15,293EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$3,925,024BOYAmt
EOY$4,970,911EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$45,997BOYAmt
EOY$3,986EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$2,891,460BOYAmt
EOY$3,621,029EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,937,457BOYAmt
EOY$3,625,015EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$41,629BOYAmt
EOY$100,900EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$945,938BOYAmt
EOY$1,244,996EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$987,567BOYAmt
EOY$1,345,896EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,925,024BOYAmt
EOY$4,970,911EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$358,329ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewYes (1)AccountantCompileOrReviewInd

Acct Compile Or Review Basis AcctCompileOrReviewBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
FS Audited0FSAuditedInd
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$6,137,425CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,238,281CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,261,776CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$4,432,074CurrentTaxYearMinus1YearAmt
Current Tax Year$4,789,946CurrentTaxYearAmt
Total$21,859,502TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Current Tax Year$35,836CurrentTaxYearAmt
Total$35,836TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$6,137,425CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,238,281CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,261,776CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$4,432,074CurrentTaxYearMinus1YearAmt
Current Tax Year$4,825,782CurrentTaxYearAmt
Total$21,895,338TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$779,739SubstantialContributorsTotAmt
Public Support Total170$21,115,599PublicSupportTotal170Amt
Total Support$21,895,338TotalSupportAmt
Public Support CY1700.96440PublicSupportCY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE FUND FOLLOWS THE PROVISIONS OF FASB ASC 740 TOPIC ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT HAS EVALUATED THE FUND'S TAX POSITIONS AND CONCLUDED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH PROVISIONS OF THIS TOPIC.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxt
PORTLAND PUBLIC SCHOOLS
501 N DIXON STPORTLANDOR97227GOVT$3,853,938$0TO UNDERWRITE INSTRUCTION STAFF, EDUCATION ENHANCEMENTS, AND EXTENDED-DAY ACTIVITIES
POIC - ROSEMARY ANDERSON HIGH SCHOOL
717 NORTH KILLINGSWORTH CTPORTLANDOR97217501C3$10,000$0TO UNDERWRITE INSTRUCTION STAFF, EDUCATION ENHANCEMENTS, AND EXTENDED-DAY ACTIVITIES
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt
Total Other Org1TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationGRANTS ARE ACCOMPANIED WITH AGREEMENTS ACKNOWLEGED AND AGREED TO BY EITHER PARTY.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BAFTER THE 990 IS FILLED AND FINALIZED IT IS SHARED WITH BOARD MEMBERS AT THE SUBSEQUENT BOARD MEETING.
FORM 990, PART VI, SECTION B, LINE 12CTHE BOARD SHALL DETERMINE WHETHER A CONFLICT EXISTS AND IS MATERIAL, AND IN THE PRESENCE OF AN EXISTING MATERIAL CONFLICT, WHETHER THE CONTEMPLATED TRANSACTION MAY BE AUTHORIZED AS JUST, FAIR, AND REASONABLE TO THE FUND FOR PPS. THE DECISION OF THE BOARD ON THESE MATTERS WILL REST IN THEIR SOLE DISCRETION, AND THEIR CONCERN MUST BE THE WELFARE OF THE FUND FOR PPS AND THE ADVANCEMENT OF ITS PURPOSE.
FORM 990, PART VI, SECTION C, LINE 19ORGANIZATION GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
PART XII. LINE 2CTHE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.

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