Portland Tr Ii
- Assets
- $9.1m
- Revenue
- $989.1k
- Investments
- $9.0m
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 07/2014
- Data as of
- 06/2021
- EIN
- 32-6309021
Organization Overview
Portland Tr Ii is located in Milwaukee, WI. The organization was established in 2014. 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. Portland Tr Ii 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 06/2021, Portland Tr Ii generated $989.1k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 23.3% each year . All expenses for the organization totaled $518.0k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Portland Tr Ii has awarded 14 individual grants totaling $460,000. 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.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $201,001 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $783,168 |
| Capital Gain Net Income | $783,168 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $4,887 |
| Total Revenue | $989,056 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $53,197 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,527 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25 |
| Total operating and administrative expenses | $57,999 |
| Contributions, gifts, grants paid | $460,000 |
| Total expenses and disbursements | $517,999 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $982 |
| Savings and temporary cash investments | $161,794 |
| 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 | $7,407,694 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $9,131,875 |
| 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, Portland Tr Ii has awarded $460,000 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
Sturgeon Bay, WI PURPOSE: GENERAL OPERATING | $230,000 |
Gahanna, OH PURPOSE: GENERAL OPERATING | $85,000 |
Jackson, WY PURPOSE: GENERAL OPERATING | $27,500 |
THE NATURE CONSERVANCY PURPOSE: GENERAL | $25,000 |
NATIONAL MUSEUM WILDLIFE ART PURPOSE: GENERAL OPERATING SUPPORT | $20,000 |
Jackson, WY PURPOSE: GENERAL OPERATING | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
International Childrens Fund Inc Neenah, WI | $1,153,019 | $79,562,043 |
Van Andel Institute Grand Rapids, MI | $1,815,971,878 | $111,524,637 |
William Davidson Foundation Birmingham, MI | $1,107,938,800 | $127,279,050 |
Ronda E Stryker & William D Johnston Foundation Kalamazoo, MI | $63,637,902 | $79,561,320 |
Pritzker Family Foundation Chicago, IL | $156,116,781 | $25,309,600 |
Gilbert Family Foundation Detroit, MI | $122,833,560 | $20,538,766 |
Ghr Foundation Minneapolis, MN | $0 | $118,752,892 |
Paul M Angell Family Foundation Chicago, IL | $1,816,327 | $24,997,411 |
Alfred And Isabel Bader 2014 Charitable Trust Milwaukee, WI | $88,717,556 | $62,553,918 |
Anthony Pritzker Fam Foundation Chicago, IL | $0 | $37,184,888 |
Goodman Family Operating Foundation Chaska, MN | $298,216,479 | $15,439,155 |
Robert And Adele Schiff Family Foundation Inc Milwaukee, WI | $226,331,394 | $18,541,997 |