Oregon Schools Foundation
- Assets
- $648.1k
- Revenue
- $318.3k
- Investments
- $0.0
- Employees
- 1
- Location
- Oregon, OH
- Founding
- 02/1992
- Data as of
- 12/2021
- EIN
- 34-1691643
Organization Overview
Oregon Schools Foundation is located in Oregon, OH. The organization was established in 1992. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oregon Schools 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, Oregon Schools Foundation generated $318.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.7% each year . All expenses for the organization totaled $295.7k during the year ending 12/2021. While expenses have increased by 17.1% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ACCEPT, MANAGE AND DISTRIBUTE GIFTS ACCORDING TO DONOR DESIGNATION IN ORDER TO ENRICH, INSPIRE, EXPAND AND STRENGTHEN EDUCATIONAL OPPORTUNITIES FOR OUR ELEMENTARY AND SECONDARY SCHOOL STUDENTS IN THE OREGON CITY SCHOOL DISTRICT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION RECEIVES CONTRIBUTIONS THAT ARE DESIGNATED BY ITS CORPORATE AND INDIVIDUAL DONORS FOR USE ON SPECIFIC PROJECTS AND EDUCATION RELATED INITIATIVES. SUCH FUNDS ARE UTILIZED FOR EFFORTS SUCH AS UPGRADES TO OREGON CITY SCHOOL'S GYMNASIUM AND ITS STADIUM PRESS BOX FOR CLAY HIGH SCHOOL'S OPERATION GRADUATION EFFORT FOR OREGON CITY SCHOOL'S KELLER PROFESSIONAL DEVELOPMENT PROGRAM AND FOR USE IN OREGON CITY PERFORMING ARTS SCHOOLS.
THE ANNUAL FUND CAMPAIGN RECEIVES INDIVIDUAL AND CORPORATE CONTRIBUTIONS EACH YEAR THAT ENABLE IT TO FUND ONGOING OPERATIONS IN AREAS OF ACADEMICS, ART AND ATHLETICS. DURING THE PAST YEAR THESE RESOURCES WERE USED TO ASSIST IN ENABLING THE OREGON SCHOOL SYSTEM TO MEET AND TO IMPROVE ITS EDUCATION AND PROFESSIONAL DEVELOPMENT GOALS.
ART IN ELEMENTARY PROGRAMS SERVE TO MAKEUP FOR THE LOSS OF STATE FUNDING IN AREAS SUCH AS MUSIC, ART, LIBRARY SUPPORT AND ATHLETICS. FUNDS MADE AVAILABLE FOR CLASSES AT ALL OF THE OREGON SCHOOL DISTRICT'S ELEMENTARY LEVELS HAVE BEEN UTLILIZED TO ESTABLISH AFTER-SCHOOL CLUBS IN THESE HIGHLY VALUED AREAS. IN ADDITION TO DESIGNATED GIFTS FROM DONORS, THE ARTS IN ELEMENTARY PROGRAM IS SUPPORTED BY FUND RAISING EFFORTS ENGAGED IN BY THE OREGON SCHOOLS FOUNDATION EACH YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amy Hansen Executive Dir. | Trustee | 10 | $12,000 |
Eric Heintschel Treasurer | Officer | 2 | $0 |
Greg Row President | Officer | 2 | $0 |
Luke Shortridge Vice President | Officer | 1 | $0 |
Chris Walendzak Secretary | Officer | 2 | $0 |
Colleen Barron Trustee | 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 | $253,291 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $253,291 |
| Total Program Service Revenue | $0 |
| Investment income | $17,844 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $47,128 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $318,263 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $38,090 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $12,000 |
| Compensation of current officers, directors, key employees. | $12,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $920 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $200 |
| Fees for services: Accounting | $2,020 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,832 |
| Fees for services: Other | $0 |
| Advertising and promotion | $320 |
| Office expenses | $881 |
| Information technology | $1,072 |
| 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 | $0 |
| Insurance | $1,573 |
| All other expenses | $122 |
| Total functional expenses | $295,689 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $147,169 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $500,964 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $648,133 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $648,133 |
| 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 | $648,133 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Oregon Schools Foundation has recieved totaling $44,267.
| Awarding Organization | Amount |
|---|---|
Schoolhouse Supplies Inc Portland, OR PURPOSE: SUPPORT OF STUDENTS | $36,618 |
Promedica Health System Inc Toledo, OH PURPOSE: CHARITABLE DONATION | $7,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $149 |
Endowment Analysis
| Beg. Balance | $393,530 |
| Earnings | $90,026 |
| Admin Expense | $2,832 |
| Net Contributions | $20,240 |
| Ending Balance | $500,964 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Richard U Light Foundation Kalamazoo, MI | $629,730 | $25,417,215 |
Business Leadership Organized For Catholic Schools King Of Prussia, PA | $82,544,630 | $55,644,917 |
Central Pennsylvania Scholarship Fund Tyrone, PA | $42,508,819 | $45,167,381 |
Skillman Foundation Detroit, MI | $412,503,854 | $53,699,386 |
Cardinal Services Inc Of Indiana Warsaw, IN | $28,675,162 | $26,373,889 |
Kalamazoo Promise Kalamazoo, MI | $7,251,327 | $23,596,440 |
College Now Greater Cleveland Inc Cleveland, OH | $24,271,314 | $18,465,003 |
Cigna Foundation Philadelphia, PA | $165,016,072 | $8,084,237 |
Children Scholarship Fund Philadelphia Philadelphia, PA | $24,817,690 | $13,351,193 |
Knowledgeworks Foundation Cincinnati, OH | $34,010,195 | $7,717,304 |
Ruth Mott Foundation Flint, MI | $290,091,185 | $30,117,543 |
Foundation For Jewish Day Schools Of Greater Philadelphia Philadelphia, PA | $5,671,351 | $11,978,701 |