FUND FOR PORTLAND PUBLIC SCHOOLS: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
FUND FOR PORTLAND PUBLIC SCHOOLS (EIN 84-2040549)
Tax period
2019-07-01 to 2020-06-30
Filed
2021-05-17
IRS object ID
202131379349302418
Schema version
2019v5.2
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)
Return2021-05-17T09:56:52-05:00ReturnTs
Tax Period End2020-06-30TaxPeriodEndDt

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 Line1520 SW YAMHILL ST STE 500AddressLine1Txt
CityPORTLANDCityNm
State AbbreviationORStateAbbreviationCd
ZIP97204ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2019-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN842040549EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE FUND FOR PORTLAND PUBLIC SCHOOLSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlFUNDBusinessNameControlTxt
Phone5039162000PhoneNum

US Address USAddress

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

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJONATHAN GARCIAPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone5039162000PhoneNum
Signature2021-05-14SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSANG AHNPreparerPersonNm
PTINP00540880PTIN
Phone5032270581PhoneNum
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Initial ReturnYes (X)InitialReturnInd
Principal OfficerJONATHAN GARCIAPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1501 NORTH DIXON STREETAddressLine1Txt
CityPORTLANDCityNm
State AbbreviationORStateAbbreviationCd
ZIP97227ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$6,137,425GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.FUNDFORPPS.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2019FormationYr
Legal Domicile StateORLegalDomicileStateCd
Activity Or MissionSUPPORT TO PORTLAND PUBLIC SCHOOLS.ActivityOrMissionDesc
Voting Members Governing Body4VotingMembersGoverningBodyCnt
Voting Members Independent4VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers4TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
CY Contributions Grants$6,137,425CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
CY Investment Income$0CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
CY Total Revenue$6,137,425CYTotalRevenueAmt
CY Grants And Similar Paid$4,452,298CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$21,728CYTotalFundraisingExpenseAmt
CY Other Expenses$122,576CYOtherExpensesAmt
CY Total Expenses$4,574,874CYTotalExpensesAmt
CY Revenues Less Expenses$1,562,551CYRevenuesLessExpensesAmt
Total Assets EOY$5,553,636TotalAssetsEOYAmt
Total Liabilities EOY$3,991,085TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances EOY$1,562,551NetAssetsOrFundBalancesEOYAmt
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 CLOSE TO 50,000 STUDENTS, BY BUILDING A ROBUST GENEROSITY NETWORK, STEWARDING STRATEGIC INVESTMENTS & PARTNERSHIPS, AND MANAGING THE LOCAL SCHOOL FOUNDATIONS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$4,323,704ExpenseAmt
Grant$4,268,461GrantAmt
DescIN 2019, PPS LOCAL SCHOOL FOUNDATIONS RAISED NEARLY $4.65 MILLION, OF WHICH $1.25 MILLION HAS BEEN GENEROUSLY SET ASIDE TO BE INVESTED IN ADDITIONAL PPS SCHOOLS IN THE FORM OF THE PPS PARENT FUND AWARDS. I AM EXCITED TO SHARE THAT 53 SCHOOLSINCLUDING BOTH PIONEER AND THE COMMUNITY TRANSITION PROGRAMWILL RECEIVE GRANTS RANGING FROM $12,500 TO $45,000 FOR THE 2020-2021 SCHOOL YEAR. THESE FLEXIBLE DOLLARS WILL CONTINUE TO ACCELERATE PROGRESS TO SUPPORT OUR COMMUNITY'S COMMITMENT TO RACIAL EQUITY AND SOCIAL JUSTICE AND MOVE PPS FORWARD TOWARD REALIZING ITS VISIONPPS REIMAGINED. BEFORE MAKING THESE AWARDS, THE FUND FOR PPS BOARD OF DIRECTORSALONGSIDE PPS STAFFCOMBED THROUGH HISTORICAL DATA ON AWARDS TO SCHOOLS, HEARD INPUT FROM PARENT DONORS AND SCHOOL ADMINISTRATORS, AND EXAMINED PATTERNS IN PAST AWARDS. THOUGHTFULLY, WE WRESTLED WITH HOW BEST TO DETERMINE WHICH SCHOOLS WOULD RECEIVE GRANTS AND HOW TO DIVIDE THE OVERALL FUNDS BETWEEN SCHOOLS AND PROGRAMS OF VARYING SIZES AND STUDENT DEMOGRAPHICS. IN AWARDING GRANTS THIS YEAR, THE FUND FOR PPS IS USING TWO COMBINED CRITERIA TO DETERMINE ELIGIBILITY FOR AN AWARD: TO BE ELIGIBLE FOR A GRANT A SCHOOL OR PROGRAM MUST ENROLL 1) AT LEAST 40% OF STUDENTS IDENTIFIED AS HISTORICALLY UNDERSERVED[1] AND 2) AT LEAST 15% OF STUDENTS ELIGIBLE FOR FREE MEALS BY DIRECT CERTIFICATION[2]. IN A DEPARTURE FROM PAST YEARS, WE DID NOT CONSIDER A SCHOOL'S OVERALL FINANCIAL DATA AS A FACTOR IN ELIGIBILITY FOR AN AWARD. AS WE EXAMINED PAST AWARD YEARS, IT BECAME CLEAR THAT CONSIDERING FINANCIAL DATA HAD RESULTED IN INCONSISTENCIES YEAR TO YEAR, AS THE BOON OF A PPS PARENT FUND GRANT IN ONE YEAR COULD MEAN A SCHOOL SERVING A HIGH COUNT OF HISTORICALLY UNDERSERVED STUDENTS MIGHT BE DISQUALIFIED THE FOLLOWING YEAR. THIS YEAR, USING JUST TWO DATA POINTSPERCENTAGE OF HISTORICALLY UNDERSERVED STUDENTS AND A SCHOOL'S PERCENTAGE OF STUDENTS ELIGIBLE FOR FREE MEALS THROUGH DIRECT CERTIFICATIONENABLES US TO IDENTIFY THE SCHOOLS WITH THE GREATEST NEED FOR ADDITIONAL FUNDS, PROVIDES CLEAR TRANSPARENCY, AND, WE BELIEVE, WILL LEAD TO GREATER CONSISTENCY YEAR TO YEAR.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$187,803ExpenseAmt
Grant$183,837GrantAmt
DescIN MARCH 2020, THE FUND FOR PPS ESTABLISHED THE CORONAVIRUS RELIEF FUND TO RESPOND TO THE EMERGING NEEDS OF PPS STUDENTS AND FAMILES DURING THE WORLDWIDE PANDEMIC THAT PLUNGED PPS INTO UNPRECEDENTED TIMES. CREATING A VEHICLE THROUGH WHICH DONORS COULD GIVE TO SUPPORT THE PPS COMMUNITY, WE WERE ABLE TO RAISE FUNDS AND PROVIDE EMERGENCY RELIEF FAMILIES FACING MULTIPE BARRIERS.BY JUNE 30, 2020, THE FUND FOR PPS PROVIDED NEARLY 1,500 $100 GROCERY GIFT CARDS TO PPS FAMILIES MOST IN NEED, REACHING MORE THAN 2,000 STUDENTS. WE'VE HELPED DOZENS OF FAMILIES CONNECT TO THE INTERNET SO THAT STUDENTS CAN ENGAGE WITH THEIR PEERS AND PPS STAFF. EDUCATORS, ADMINISTRATORS, AND SCHOOL STAFF IDENTIFIED THE STUDENTS MOST IN NEED OF THIS SUPPORT. THIS IS A QUICK SNAPSHOT OF WHO WE'VE SERVED: -68% OF FAMILIES HAVE STUDENTS WHO ATTEND TITLE I SCHOOLS AND/OR SCHOOLS DESIGNATED FOR TARGETED OR COMPREHENSIVE IMPROVEMENT-88% OF GIFT CARD RECIPIENTS REPORTED FOOD INSECURITY -28% ARE HOMELESS OR AT RISK OF BECOMING HOMELESS-40% REPORTED THAT A FAMILY MEMBER HAS LOST EMPLOYMENT DUE TO COVID-19-84% OF GIFT CARDS WENT TO FAMILIES WITH STUDENTS OF COLORDesc
FieldValueIRS element (for citing)
Total Program Service Expenses$4,511,507TotalProgramServiceExpensesAmt
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 StmtYes (1)IndependentAuditFinclStmtInd
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 IndividualsYes (1)GrantsToIndividualsInd
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 Document0IRPDocumentCnt
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 Policy0ConflictOfInterestPolicyInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
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 Line1JONATHAN GARCIABusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone5039162000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1501 NORTH DIXON STREETAddressLine1Txt
CityPORTLANDCityNm
State AbbreviationORStateAbbreviationCd
ZIP97227ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (5 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
VICTORIA LARA
BOARD CHAIR0.300.30Yes (X)Yes (X)$0$0$0
CLAIRE HERTZ EX-OFFICIO
TREASURER0.200.00Yes (X)Yes (X)$0$0$0
REBECCA KOTEEN
BOARD MEMBER0.200.10Yes (X)$0$0$0
CHRIS MINNICH
BOARD MEMBER0.200.10Yes (X)$0$0$0
JONATHAN GARCIA
PRESIDENT1.001.00Yes (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$6,137,425AllOtherContributionsAmt
Noncash Contributions$13,000NoncashContributionsAmt
Total Contributions$6,137,425TotalContributionsAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,137,425TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$4,268,461TotalAmt
Program Services$4,268,461ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$183,837TotalAmt
Program Services$183,837ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$47,080TotalAmt
Program Services$46,604ProgramServicesAmt
Management And General$476ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$46,236TotalAmt
Program Services$4,624ProgramServicesAmt
Management And General$27,741ManagementAndGeneralAmt
Fundraising$13,871FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$11,173TotalAmt
Program Services$3,730ProgramServicesAmt
Management And General$3,028ManagementAndGeneralAmt
Fundraising$4,415FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$4,842TotalAmt
Management And General$4,842ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescOTHER OPERATINGDesc
Total$13,245TotalAmt
Program Services$4,251ProgramServicesAmt
Management And General$5,552ManagementAndGeneralAmt
Fundraising$3,442FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$4,574,874TotalAmt
Program Services$4,511,507ProgramServicesAmt
Management And General$41,639ManagementAndGeneralAmt
Fundraising$21,728FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
EOY$5,073,461EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
EOY$438,567EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
EOY$41,608EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$5,553,636EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
EOY$103,871EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
EOY$3,887,214EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$3,991,085EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
EOY$123,353EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
EOY$1,439,198EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$1,562,551EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$5,553,636EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$1,562,551ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
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$6,137,425CurrentTaxYearAmt
Total$6,137,425TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year$6,137,425CurrentTaxYearAmt
Total$6,137,425TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$27,261SubstantialContributorsTotAmt
Public Support Total170$6,110,164PublicSupportTotal170Amt
Total Support$6,137,425TotalSupportAmt
First5 Years170Yes (X)First5Years170Ind

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
Total Rev Etc Audited Fincl Stmt$6,137,425TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$6,137,425RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$6,137,425TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$4,574,874TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$4,574,874ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$4,574,874TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE FUND FOLLOWS THE PROVISIONS OF FASB ASC 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 (7 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdIRC SectionIRCSectionDescCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxtAddress Line2USAddress/AddressLine2Txt
PORTLAND PUBLIC SCHOOLS
501 N DIXON STPORTLANDOR97227GOVT$4,049,516TO UNDERWRITE INSTRUCTION STAFF, EDUCATION ENHANCEMENTS, AND EXTENDED-DAY ACTIVITIES
DART PROGRAMS
546 NE 12TH AVEPORTLANDOR97323GOVT$12,500TO UNDERWRITE INSTRUCTION STAFF, EDUCATION ENHANCEMENTS, AND EXTENDED-DAY ACTIVITIES
KAIROS PDX CHARTER SCHOOL
PO BOX 12190PORTLANDOR97212501C3$12,500TO UNDERWRITE INSTRUCTION STAFF, EDUCATION ENHANCEMENTS, AND EXTENDED-DAY ACTIVITIES
MANY NATIONS ACADEMY
5135 NE COLUMBIA BLVDPORTLANDOR97218501C3$12,500TO UNDERWRITE INSTRUCTION STAFF, EDUCATION ENHANCEMENTS, AND EXTENDED-DAY ACTIVITIES
MT SCOTT LEARNING CENTER
6148 SE HOLGATE BLVDPORTLANDOR97206501C3$12,500TO UNDERWRITE INSTRUCTION STAFF, EDUCATION ENHANCEMENTS, AND EXTENDED-DAY ACTIVITIES
PCC LINKS PROGRAM
SOUTHEAST CAMPUS MT TABOR 123 2305PORTLANDOR97216501C3$12,500TO UNDERWRITE INSTRUCTION STAFF, EDUCATION ENHANCEMENTS, AND EXTENDED-DAY ACTIVITIESSE 82ND AVE
POIC - ROSEMARY ANDERSON HIGH SCHOOL
717 NORTH KILLINGSWORTH CTPORTLANDOR97217501C3$12,500TO UNDERWRITE INSTRUCTION STAFF, EDUCATION ENHANCEMENTS, AND EXTENDED-DAY ACTIVITIES
FieldValueIRS element (for citing)
Total501c3 Org5Total501c3OrgCnt
Total Other Org2TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeGIFT CARDS FOR COVID-19 RELIEFGrantTypeTxt
Recipient2606RecipientCnt
Cash Grant$183,837CashGrantAmt

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 (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE INFORMATION RETURN IS REVIEWED BY THE BOARD OF DIRECTORS PRIOR TO FILING.
FORM 990, PART VI, SECTION C, LINE 19ORGANIZATION GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
PART XII. LINE 2CTHE ORGANIZATION HAS ADOPTED A PROCESS OF FINANCIAL OVERSIGHT IN ITS INITIAL YEAR.

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