Community Foundation Of The Klamathbasin
- Assets
- $9.0m
- Revenue
- $517.9k
- Investments
- $0.0
- Employees
- 1
- Location
- Klamath Falls, OR
- Founding
- 09/2009
- Data as of
- 12/2021
- EIN
- 20-5502851
Organization Overview
Community Foundation Of The Klamathbasin, operating under the name Klamath Community Foundation, is located in Klamath Falls, OR. The organization was established in 2009. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Klamath Community Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Klamath Community Foundation generated $517.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $161.5k during the year ending 12/2021. While expenses have increased by 14.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Klamath Community Foundation has awarded 47 individual grants totaling $333,478. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SERVING KLAMATH FALLS AND THE GREATER KLAMATH BASIN BY PROVIDING GRANTS AND DESIGNATED FUNDS TO STRENGTHEN EXISTING AND POTENTIAL NEW PROGRAMS TO ENHANCE THE QUALITY OF LIFE FOR FAMILIES AND CITIZENS IN OUR REGION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUND DEVELOPMENT AND ADMINISTRATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ann Cavanaugh President | OfficerTrustee | 2 | $0 |
Robert Kingzett Secretary | OfficerTrustee | 2 | $0 |
Andy Peterson Treasurer | OfficerTrustee | 2 | $0 |
Heidi Biggs Ex Dir | Officer | 20 | $0 |
Jean Pinniger Director | Trustee | 1 | $0 |
Joan Staunton Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $397,257 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $397,257 |
| Total Program Service Revenue | $0 |
| Investment income | $120,617 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $517,874 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $76,323 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $35,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,415 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $20,584 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,295 |
| Office expenses | $780 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,728 |
| Insurance | $12,194 |
| All other expenses | $0 |
| Total functional expenses | $161,495 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,389,079 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $10,000 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $864 |
| Investments—publicly traded securities | $5,564,517 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $60,239 |
| Total assets | $9,024,699 |
| Accounts payable and accrued expenses | $1,036 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,036 |
| Net assets without donor restrictions | $9,023,663 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $9,024,699 |
Grants Awarded
Over the last fiscal year, Community Foundation Of The Klamathbasin has awarded $39,105 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
FRIENDS OF COLLIER PARK AND THE COLLIER PARK LOGGING MUSEUM INC PURPOSE: PURPOSE OF THE GRANT WAS TO PROVIDE THE NON PROFIT ORGANIZATION WITH SUPPORT FOR THEIR OWN PROGRAM | $13,650 |
KLAMATH TRAILS ALLIANCE PURPOSE: PURPOSE OF THE GRANT WAS TO PROVIDE THE NON PROFIT ORGANIZATION WITH SUPPORT FOR THEIR OWN PROGRAM | $11,650 |
SMART READING PROGRAM PURPOSE: PURPOSE OF THE GRANT WAS TO PROVIDE THE NON PROFIT ORGANIZATION WITH SUPPORT FOR THEIR OWN PROGRAM | $8,360 |
KLAMATH COUNTY SHERRIFF-SEARCH AND RESCUE PURPOSE: PURPOSE OF THE GRANT WAS TO PROVIDE THE NON PROFIT ORGANIZATION WITH SUPPORT FOR THEIR OWN PROGRAM | $5,445 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Community Foundation Of The Klamathbasin has recieved totaling $56,000.
| Awarding Organization | Amount |
|---|---|
M J Murdock Charitable Trust Vancouver, WA PURPOSE: PROGRAM SUPPORT | $40,000 |
Wendt Family Foundation Klamath Falls, OR PURPOSE: OPERATIONS | $15,000 |
Graham Family Foundation Yreka, CA PURPOSE: COMMUNITY DEVELOPMENT | $1,000 |
Endowment Analysis
| Beg. Balance | $1,122,013 |
| Earnings | $49,846 |
| Net Contributions | $2,445 |
| Grants | $7,131 |
| Ending Balance | $1,167,173 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
City Fund Beaverton, OR | $118,722,969 | $115,823,271 |
The Albertsons Companies Foundation Pleasanton, CA | $69,606,007 | $81,616,776 |
Greater Good Charities Seattle, WA | $7,916,385 | $76,960,540 |
Second Harvest Of The Greater Valley Manteca, CA | $10,454,227 | $51,004,614 |
Community Initiatives Oakland, CA | $48,904,163 | $57,867,676 |
Tipping Point Community San Francisco, CA | $69,097,467 | $55,633,961 |
Dagmar Dolby Fund Novato, CA | $39,191,926 | $8,168,589 |
California Health Foundation And Trust Sacramento, CA | $115,138,512 | $36,749,563 |
Tides Network San Francisco, CA | $10,557,656 | $32,745,578 |
Focusing Philanthropy Inc Santa Monica, CA | $5,232,649 | $21,857,695 |
St Baldricks Foundation Inc Monrovia, CA | $22,964,481 | $22,578,479 |
Skid Row Housing Trust Los Angeles, CA | $203,059,004 | $18,739,094 |