Poortinga Family Foundation
- Assets
- $765.3k
- Revenue
- $119.7k
- Investments
- $734.9k
- Employees
- 0
- Location
- Pella, IA
- Founding
- 03/2008
- Data as of
- 12/2023
- EIN
- 26-1403397
Organization Overview
Poortinga Family Foundation is located in Pella, IA. The organization was established in 2008. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Poortinga Family 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 12/2023, Poortinga Family Foundation generated $119.7k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $43.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Poortinga Family Foundation has awarded 69 individual grants totaling $1,190,736. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANT MAKING TO OTHER CHARITABLE ORGANIZATIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stanley Poortinga President | 0 | $0 | |
Gayle Poortinga Secretary/tr | 0 | $0 | |
Marc Poortinga Vice Preside | 0 | $0 | |
Michelle Olson Vice Preside | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $8,994 |
| Interest on Savings | $0 |
| Dividends & Interest | $23,001 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $87,695 |
| Capital Gain Net Income | $87,695 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $119,690 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $380 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $8,302 |
| Contributions, gifts, grants paid | $35,000 |
| Total expenses and disbursements | $43,302 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $30,332 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $765,260 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Poortinga Family Foundation has awarded $35,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
CENTRAL COLLEGE PURPOSE: HOMECOMING FUND | $1,000 |
RIVERSIDE COMMUNITY CHURCH PURPOSE: RELIGIOUS | $11,000 |
LIFE 1071 PURPOSE: RELIGIOUS | $500 |
CENTRAL CLUB PURPOSE: ATHLETICS PROGRAM | $1,500 |
PELLA OPERA HOUSE PURPOSE: PERFORMING ARTS | $1,000 |
725 MINISTRIES PURPOSE: RELIGIOUS | $5,000 |