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    <Timestamp>2011-05-13T09:21:58-07:00</Timestamp>
    <TaxPeriodEndDate>2010-06-30</TaxPeriodEndDate>
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      <Name>
        <BusinessNameLine1>Portland Community College Foundation</BusinessNameLine1>
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      <Phone>9717224382</Phone>
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        <AddressLine1>PO BOX 19000</AddressLine1>
        <City>PORTLAND</City>
        <State>OR</State>
        <ZIPCode>97280</ZIPCode>
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      <Name>Cheryl Burgermeister</Name>
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      <DateSigned>2011-05-12</DateSigned>
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    <BuildTS>2016-02-24 21:20:13Z</BuildTS>
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      <OfficeExpenses>
        <Total>0</Total>
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      <InformationTechnology>
        <Total>0</Total>
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      <Royalties>
        <Total>0</Total>
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      <Occupancy>
        <Total>0</Total>
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      <Travel>
        <Total>255</Total>
        <ManagementAndGeneral>255</ManagementAndGeneral>
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      <TravelEntrtnmntPublicOfficials>
        <Total>0</Total>
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      <ConferencesMeetings>
        <Total>0</Total>
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      <Interest>
        <Total>0</Total>
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      <PaymentsToAffiliates>
        <Total>0</Total>
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      <DepreciationDepletion>
        <Total>1667</Total>
        <ProgramServices>1667</ProgramServices>
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      <Insurance>
        <Total>6275</Total>
        <ManagementAndGeneral>6275</ManagementAndGeneral>
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      <OtherExpenses>
        <Description>Supplies</Description>
        <Total>12703</Total>
        <ManagementAndGeneral>12703</ManagementAndGeneral>
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      <OtherExpenses>
        <Description>Printing and Publications</Description>
        <Total>16645</Total>
        <ManagementAndGeneral>16645</ManagementAndGeneral>
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      <OtherExpenses>
        <Description>Organizational Consulting</Description>
        <Total>24302</Total>
        <ManagementAndGeneral>24302</ManagementAndGeneral>
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      <OtherExpenses>
        <Description>Donor cultivation</Description>
        <Total>37440</Total>
        <Fundraising>37440</Fundraising>
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      <OtherExpenses>
        <Description>Contracted services</Description>
        <Total>50915</Total>
        <ManagementAndGeneral>50915</ManagementAndGeneral>
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        <Total>13964</Total>
        <ManagementAndGeneral>13964</ManagementAndGeneral>
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        <ProgramServices>1636169</ProgramServices>
        <ManagementAndGeneral>248558</ManagementAndGeneral>
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      <CashNonInterestBearing>
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      <SavingsAndTempCashInvestments>
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        <EOY>2502943</EOY>
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      <PledgesAndGrantsReceivable>
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      <AccountsReceivable>
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      <ReceivablesFromOfficersEtc>
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      </ReceivablesFromOfficersEtc>
      <ReceivablesFromDisqualPersons>
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      <OtherNotesLoansReceivableNet>
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      <InventoriesForSaleOrUse>
        <EOY>0</EOY>
      </InventoriesForSaleOrUse>
      <PrepaidExpensesDeferredCharges>
        <BOY>23865</BOY>
        <EOY>10614</EOY>
      </PrepaidExpensesDeferredCharges>
      <LandBuildingsEquipmentBasis>962419</LandBuildingsEquipmentBasis>
      <LandBldgEquipmentAccumDeprec>747224</LandBldgEquipmentAccumDeprec>
      <LandBuildingsEquipmentBasisNet>
        <BOY>26390</BOY>
        <EOY>215195</EOY>
      </LandBuildingsEquipmentBasisNet>
      <InvestmentsPubTradedSecurities>
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        <EOY>3947352</EOY>
      </InvestmentsPubTradedSecurities>
      <InvestmentsOtherSecurities>
        <EOY>0</EOY>
      </InvestmentsOtherSecurities>
      <InvestmentsProgramRelated>
        <EOY>0</EOY>
      </InvestmentsProgramRelated>
      <IntangibleAssets>
        <EOY>0</EOY>
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      <OtherAssetsTotal>
        <EOY>0</EOY>
      </OtherAssetsTotal>
      <TotalAssets>
        <BOY>5679045</BOY>
        <EOY>6926915</EOY>
      </TotalAssets>
      <GrantsPayable>
        <BOY>290137</BOY>
        <EOY>583491</EOY>
      </GrantsPayable>
      <DeferredRevenue>
        <BOY>75625</BOY>
        <EOY>80400</EOY>
      </DeferredRevenue>
      <OtherLiabilities>
        <BOY>14200</BOY>
        <EOY>13050</EOY>
      </OtherLiabilities>
      <TotalLiabilities>
        <BOY>379962</BOY>
        <EOY>676941</EOY>
      </TotalLiabilities>
      <FollowSFAS117>X</FollowSFAS117>
      <UnrestrictedNetAssets>
        <BOY>162145</BOY>
        <EOY>388637</EOY>
      </UnrestrictedNetAssets>
      <TemporarilyRestrictedNetAssets>
        <BOY>2244055</BOY>
        <EOY>2492739</EOY>
      </TemporarilyRestrictedNetAssets>
      <PermanentlyRestrictedNetAssets>
        <BOY>2892883</BOY>
        <EOY>3368598</EOY>
      </PermanentlyRestrictedNetAssets>
      <TotalNetAssetsFundBalances>
        <BOY>5299083</BOY>
        <EOY>6249974</EOY>
      </TotalNetAssetsFundBalances>
      <TotalLiabNetAssetsFundBalances>
        <BOY>5679045</BOY>
        <EOY>6926915</EOY>
      </TotalLiabNetAssetsFundBalances>
      <MethodOfAccountingAccrual>X</MethodOfAccountingAccrual>
      <AccountantCompileOrReview>false</AccountantCompileOrReview>
      <FSAudited>true</FSAudited>
      <AuditCommittee>true</AuditCommittee>
      <FinancialStatementSeparate>X</FinancialStatementSeparate>
      <FederalGrantAuditRequired>false</FederalGrantAuditRequired>
      <FederalGrantAuditPerformed>false</FederalGrantAuditPerformed>
    </IRS990>
    <IRS990ScheduleA documentId="IRS990ScheduleA" softwareId="09000047" softwareVersion="2009v1.7">
      <CollegeSupportOrg170b1Aiv>X</CollegeSupportOrg170b1Aiv>
      <GiftsGrantsContribReceived170>
        <CurrentTaxYearMinus4Years>1086785</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>1364826</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>1700567</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>2463292</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>2202457</CurrentTaxYear>
        <Total>8817927</Total>
      </GiftsGrantsContribReceived170>
      <TaxRevLeviedForOrgBenefit170>
        <Total>0</Total>
      </TaxRevLeviedForOrgBenefit170>
      <ValueSrvcFcltsFurnishedByGovt>
        <CurrentTaxYearMinus4Years>349781</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>455435</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>485435</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>579528</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>663555</CurrentTaxYear>
        <Total>2533734</Total>
      </ValueSrvcFcltsFurnishedByGovt>
      <Total170>
        <CurrentTaxYearMinus4Years>1436566</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>1820261</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>2186002</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>3042820</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>2866012</CurrentTaxYear>
        <Total>11351661</Total>
      </Total170>
      <AmountsSubstContributorsTotal>1710427</AmountsSubstContributorsTotal>
      <PublicSupportTotal170>9641234</PublicSupportTotal170>
      <GrossInvestmentIncome170>
        <CurrentTaxYearMinus4Years>77960</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>116187</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>135270</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>115132</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>107402</CurrentTaxYear>
        <Total>551951</Total>
      </GrossInvestmentIncome170>
      <NetUBI>
        <Total>0</Total>
      </NetUBI>
      <OtherIncome170>
        <Total>0</Total>
      </OtherIncome170>
      <TotalSupport>11903612</TotalSupport>
      <PublicSupportPertcentage170>0.80990</PublicSupportPertcentage170>
      <PublicSupportPertcentPriorYear>0.74870</PublicSupportPertcentPriorYear>
      <ThirtyThreePercntTestsCY170>X</ThirtyThreePercntTestsCY170>
    </IRS990ScheduleA>
    <IRS990ScheduleB documentId="IRS990ScheduleB" softwareId="09000047" softwareVersion="2009v1.7">
      <ContributorInfo>
        <ContributorNumber>RESTRICTED</ContributorNumber>
        <ContributorNameBusiness>
          <BusinessNameLine1>RESTRICTED</BusinessNameLine1>
        </ContributorNameBusiness>
        <ContributorAddressUS>
          <AddressLine1>RESTRICTED</AddressLine1>
          <AddressLine2>RESTRICTED</AddressLine2>
          <City>RESTRICTED</City>
          <State>RESTRICTED</State>
          <ZIPCode>RESTRICTED</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>RESTRICTED</AggregateContributions>
      </ContributorInfo>
    </IRS990ScheduleB>
    <IRS990ScheduleD documentId="IRS990ScheduleD" softwareId="09000047" softwareVersion="2009v1.7">
      <CurrentYear>
        <BeginningOfYearBalance>3043394</BeginningOfYearBalance>
        <Contributions>448618</Contributions>
        <InvestmentEarningsOrLosses>380426</InvestmentEarningsOrLosses>
        <GrantsOrScholarships>47649</GrantsOrScholarships>
        <AdministrativeExpenses>25448</AdministrativeExpenses>
        <EndOfYearBalance>3799341</EndOfYearBalance>
      </CurrentYear>
      <BoardDesignatedEOYBalance>0.02000</BoardDesignatedEOYBalance>
      <PermanentEndowmentEOYBalance>0.98000</PermanentEndowmentEOYBalance>
      <EndowmentsHeldByUnrelatedOrgs>false</EndowmentsHeldByUnrelatedOrgs>
      <EndowmentsHeldByRelatedOrgs>false</EndowmentsHeldByRelatedOrgs>
      <AreRelatedOrgsListedScheduleR>false</AreRelatedOrgsListedScheduleR>
      <Land>
        <OtherCostOrOtherBasis>65472</OtherCostOrOtherBasis>
        <BookValue>65472</BookValue>
      </Land>
      <Equipment>
        <OtherCostOrOtherBasis>896947</OtherCostOrOtherBasis>
        <Depreciation>747224</Depreciation>
        <BookValue>149723</BookValue>
      </Equipment>
      <TotalOfBookValueLandBuildings>215195</TotalOfBookValueLandBuildings>
      <OtherLiabilities>
        <Description>ANNUITY PAYABLE</Description>
        <Amount>13050</Amount>
      </OtherLiabilities>
      <TotalOfAmounts>13050</TotalOfAmounts>
      <TotalRevenue>2598661</TotalRevenue>
      <TotalExpenses>1922167</TotalExpenses>
      <ExcessOrDeficitForYear>676494</ExcessOrDeficitForYear>
      <NetUnrealizedGLOnInvestments>274398</NetUnrealizedGLOnInvestments>
      <DonatedServicesAndFacilities>663555</DonatedServicesAndFacilities>
      <TotalAdjustments>937953</TotalAdjustments>
      <ExcessOrDeficitPerFS>1614447</ExcessOrDeficitPerFS>
      <TotRevenueEtcAuditedFinclStmt>3536614</TotRevenueEtcAuditedFinclStmt>
      <NetUnrealizedGainsInvestments>274934</NetUnrealizedGainsInvestments>
      <DonatedSrvcAndUseOfFacilities>663555</DonatedSrvcAndUseOfFacilities>
      <OtherRevenues>-536</OtherRevenues>
      <RevenueNotRptdF990>937953</RevenueNotRptdF990>
      <RevenueSubtotal>2598661</RevenueSubtotal>
      <TotalRevenuePerForm990>2598661</TotalRevenuePerForm990>
      <TotExpensesEtcAuditedFinclStmt>2585722</TotExpensesEtcAuditedFinclStmt>
      <DonatedServicesUseOfFacilities>663555</DonatedServicesUseOfFacilities>
      <ExpensesNotRptdF990>663555</ExpensesNotRptdF990>
      <ExpensesSubtotal>1922167</ExpensesSubtotal>
      <TotalExpensesPerForm990>1922167</TotalExpensesPerForm990>
      <Form990ScheduleDPartXIV>
        <Identifier>Part V, Line 4</Identifier>
        <ReturnReference>Part V, Line 4: Intended uses of the endowment fund.</ReturnReference>
        <Explanation>Endowment funds are held to generate income to be used for student scholarships and to support the programs at Portland Community College.</Explanation>
      </Form990ScheduleDPartXIV>
    </IRS990ScheduleD>
    <IRS990ScheduleG documentId="IRS990ScheduleG" softwareId="09000047" softwareVersion="2009v1.7">
      <AgreementRefFundraising>false</AgreementRefFundraising>
      <EventsInformation>
        <NameOfEvent1>Golf Tournament</NameOfEvent1>
        <GrossReceiptsEvent1>147550</GrossReceiptsEvent1>
        <GrossRevenueEvent1>147550</GrossRevenueEvent1>
        <OtherDirectExpensesEvent1>62279</OtherDirectExpensesEvent1>
        <GrossReceiptsTotal>147550</GrossReceiptsTotal>
        <GrossRevenueTotalEvents>147550</GrossRevenueTotalEvents>
        <OtherDirectExpensesTotalEvents>62279</OtherDirectExpensesTotalEvents>
        <DirectExpenseSummaryEvents>62279</DirectExpenseSummaryEvents>
        <NetIncomeSummary>85271</NetIncomeSummary>
      </EventsInformation>
    </IRS990ScheduleG>
    <IRS990ScheduleI documentId="IRS990ScheduleI" softwareId="09000047" softwareVersion="2009v1.7">
      <RecordsMaintained>true</RecordsMaintained>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>Portland Community College</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>12000 SW 49th Avenue</AddressLine1>
          <City>Portland</City>
          <State>OR</State>
          <ZIPCode>97219</ZIPCode>
        </AddressUS>
        <AmountOfCashGrant>766157</AmountOfCashGrant>
        <AmountOfNonCashAssistance>13345</AmountOfNonCashAssistance>
        <MethodOfValuation>Fair Market Value based on donor estimate when received</MethodOfValuation>
        <DescriptionOfNonCashAssistance>Equipment used in educational programs</DescriptionOfNonCashAssistance>
        <PurposeOfGrant>Assist in various educational programs at the College</PurposeOfGrant>
      </RecipientTable>
      <TotalNbrOf501C3AndGovtGrants>1</TotalNbrOf501C3AndGovtGrants>
      <TotalNbrOfOtherOrganizations>0</TotalNbrOfOtherOrganizations>
      <Form990ScheduleIPartIII>
        <TypeOfGrant>Educational Scholarships</TypeOfGrant>
        <NumberOfRecipients>444</NumberOfRecipients>
        <AmountOfCashGrant>855000</AmountOfCashGrant>
      </Form990ScheduleIPartIII>
      <Form990ScheduleIPartIV>
        <Identifier>Grantmaker's Description of How Grants are Used</Identifier>
        <Explanation>Grants to assist various educational programs within Portland Community College .</Explanation>
      </Form990ScheduleIPartIV>
    </IRS990ScheduleI>
    <IRS990ScheduleM documentId="IRS990ScheduleM" softwareId="09000047" softwareVersion="2009v1.7">
      <CarsAndOtherVehicles>
        <NonCashCheckbox>X</NonCashCheckbox>
        <NumberOfContributions>1</NumberOfContributions>
        <NoncashContribsRptdF990>125000</NoncashContribsRptdF990>
        <MethodOfDeterminingRevenues>Appraisal</MethodOfDeterminingRevenues>
      </CarsAndOtherVehicles>
      <RealEstateResidential>
        <NonCashCheckbox>X</NonCashCheckbox>
        <NumberOfContributions>1</NumberOfContributions>
        <NoncashContribsRptdF990>65472</NoncashContribsRptdF990>
        <MethodOfDeterminingRevenues>Appraisal</MethodOfDeterminingRevenues>
      </RealEstateResidential>
      <NumberOf8283Received>2</NumberOf8283Received>
      <AnyPropertyThatMustBeHeld>false</AnyPropertyThatMustBeHeld>
      <ReviewProcessUnusualNCGifts>true</ReviewProcessUnusualNCGifts>
      <ThirdPartiesUsed>false</ThirdPartiesUsed>
    </IRS990ScheduleM>
    <IRS990ScheduleO documentId="IRS990ScheduleO" softwareId="09000047" softwareVersion="2009v1.7">
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Line 19</Identifier>
        <ReturnReference>Form 990, Part VI, Line 19: Other Organization Documents Publicly Available</ReturnReference>
        <Explanation>Forms 990, audited financial statements and governing documents and policies are available to the public upon request at the Foundations Office on Portland Community College's campus.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Line 15b</Identifier>
        <ReturnReference>Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees</ReturnReference>
        <Explanation>Compensation is determined by the personnel department of Portland Community College, a related governmental entity.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Line 12c</Identifier>
        <ReturnReference>Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts</ReturnReference>
        <Explanation>Officers and directors are required to disclose conflicts of interest and abstain from voting on related issues.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Line 11</Identifier>
        <ReturnReference>Form 990, Part VI, Line 11: Form 990 Review Process</ReturnReference>
        <Explanation>A draft of the 990 is circulated to the Governing Body for review via e-mail prior to filing.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
  </ReturnData>
</Return>