Mcminnville Area Community Foundation
- Assets
- $9.6m
- Revenue
- $387.7k
- Investments
- $7.3m
- Employees
- 0
- Location
- McMinnville, OR
- Founding
- 05/2014
- Data as of
- 12/2021
- EIN
- 46-2945449
Organization Overview
Mcminnville Area Community Foundation is located in McMinnville, OR. The organization was established in 2014. According to its NTEE Classification (O51) the organization is classified as: Youth Community Service Clubs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mcminnville Area 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, Mcminnville Area Community Foundation generated $387.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (34.6%) each year. All expenses for the organization totaled $326.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Mcminnville Area Community Foundation has awarded 11 individual grants totaling $814,166. 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
TO BE A LEADER IN THE FACILITATION AND DEVELOPMENT OF PHILANTHROPY IN THE MCMINNVILLE AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANT TO THE GOSPEL RESCUE MISSION FOR A HOMELESS SHELTER
GANT TO HELP WITH VOC EDUCATION EXPENSES
RETURN DESIGNATED FUNDS TO ENDOWMENT ACCOUNTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dianne Haugeberg Secretary | Officer | 3 | $0 |
Steven Fitzpatrick Treasurer | Officer | 2 | $0 |
David Haugeberg President | Officer | 4 | $0 |
Allan Larsen Board Member | Trustee | 0 | $0 |
Rene Bittle Board Member | Trustee | 0 | $0 |
Steve Rupp Board Member | Trustee | 0 | $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 | $316,923 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $316,923 |
| Total Program Service Revenue | $0 |
| Investment income | $61,876 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $8,885 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $387,684 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $310,753 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $385 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $12,436 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| 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 | $0 |
| Insurance | $1,141 |
| All other expenses | $0 |
| Total functional expenses | $326,075 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,083 |
| Savings and temporary cash investments | $134,815 |
| 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 | $2,103,333 |
| Investments—other securities | $7,314,748 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $9,577,979 |
| 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 | $0 |
| 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 | $9,577,979 |
| Total liabilities and net assets/fund balances | $9,577,979 |
Grants Awarded
Over the last fiscal year, Mcminnville Area Community Foundation has awarded $273,313 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
GOSPEL RESCUE MISSION | | | $245,267 |
VOCATIONAL EDUCATION SUPPORT | | | $10,047 |
RETURN DIST TO ENDOWMENTS | | | $7,836 |
Mcminnville, OR | | $5,162 |
Mcminnville, OR | | $5,001 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Mcminnville Area Community Foundation has recieved totaling $45,000.
| Awarding Organization | Amount |
|---|---|
William G Gilmore Foundation San Francisco, CA PURPOSE: GENERAL SUPPORT | $25,000 |
Yamhill Enrichment Society Mcminnville, OR PURPOSE: MAC Nonprofit /Community Support | $10,000 |
Springboard Group West Linn, OR PURPOSE: SUPPORT MCMINNVILLE AREA PHILANTHROPY | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Civicorps Oakland, CA | $6,186,426 | $8,295,226 |
Youth Era Eugene, OR | $3,306,858 | $3,566,915 |
Associated Students Of Humboldt State University Arcata, CA | $658,490 | $654,575 |
Optimist International San Leandro, CA | $274,254 | $663,380 |
La Jolla Youth Baseball Association La Jolla, CA | $10,792 | $511,018 |
Totem Star Seattle, WA | $585,821 | $564,877 |
Peace For The Streets By Kids From The Streets Seattle, WA | $0 | -$72,987 |
Mcminnville Area Community Foundation McMinnville, OR | $9,577,979 | $387,684 |
Pacific Northwest District Of Key Club International Inc Astoria, OR | $286,124 | $285,183 |
The Learning Centers At Fairplex Pomona, CA | $5,352,062 | $481,819 |
United Anglers Of Casa Grande Inc Petaluma, CA | $50,975 | $233,603 |
Jobs Daughters International Anaheim, CA | $506,987 | $228,190 |