Construct Foundation
- Assets
- $7.2k
- Revenue
- $113.4k
- Investments
- $0.0
- Employees
- 6
- Location
- Portland, OR
- Founding
- 06/2014
- Data as of
- 12/2022
- EIN
- 46-3794416
Organization Overview
Construct Foundation is located in Portland, OR. The organization was established in 2014. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 12/2022, Construct Foundation employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Construct 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 12/2022, Construct Foundation generated $113.4k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $166.0k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE CONSTRUCT FOUNDATION MISSION IS TO EXPAND ACCESS TO TRANSFORMATIVE LEARNING EXPERIENCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONSTRUCT IS A LEADER IN DESIGN DRIVEN EDUCATION TRANSFORMATION WORKING TO MAKE OREGON A NATIONAL LEADER IN A PUBLIC EDUCATION THAT BRIDGES DIVERSE K12 STUDENTS TO THE OPPORTUNITIES OF THE INNOVATION ECONOMY.
SINCE 2014 CONSTRUCT HAS BROUGHT DESIGN FOR INNOVATION EXPERIENCES TO THE EDUCATION ECOSYSTEM. WITH OUR PARTNERS BREAKER AND SCHOOL RETOOL, BOTH STANFORD K12 D.SCHOOL INITIATIVES, WE RUN IMMERSIVE DESIGN CHALLENGES FOR STUDENTS AND WORKSHOPS FOR TEACHERS AND PRINCIPALS. WITH COACHING SERVICES WE SUPPORT EDUCATION LEADERS AS THEY DEEPEN THEIR CAPACITY FOR CREATIVITY AND INNOVATION SO THAT THEY ARE ABLE TO APPLY NEW DESIGN MINDSETS AND PRACTICES TOWARD SYSTEM AND CURRICULAR CHANGES AT THEIR SCHOOL.
CONSTRUCT'S GRANT MAKING HAS SUPPORTED THE PROTOTYPE AND TESTING OF OUR DESIGN FOR INNOVATION EXPERIENCES FOR STUDENTS, TEACHERS, AND PRINCIPALS. WE USE GRANTS TO SUBSIDIZE THE COST TO BRING THESE DESIGN EXPERIENCE TO REGIONS ACROSS OREGON.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Regina M Condon President/founder | OfficerTrustee | 30 | $0 |
Heidi Rahn Interim Board Chair | Trustee | 0.35 | $0 |
Madeline Turnock Returning Board Chair | Trustee | 0.35 | $0 |
Matt Bryant Treasurer | OfficerTrustee | 0.35 | $0 |
Chris Tebbon Board Member | Trustee | 0.35 | $0 |
Vanessa Wilkins Board Member | Trustee | 0.35 | $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 | $110,150 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $110,150 |
| Total Program Service Revenue | $3,210 |
| Investment income | $3 |
| 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 | $113,363 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $14,380 |
| 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 | $104,700 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $10,580 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,356 |
| Fees for services: Accounting | $6,670 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $13,453 |
| Advertising and promotion | $0 |
| Office expenses | $1,406 |
| Information technology | $6,566 |
| Royalties | $0 |
| Occupancy | $5,221 |
| 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 | $1,103 |
| All other expenses | $0 |
| Total functional expenses | $166,047 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,182 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,182 |
| 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 | $7,182 |
| Total liabilities and net assets/fund balances | $7,182 |
Grants Awarded
Over the last fiscal year, Construct Foundation has awarded $51,313 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
CONCORDIA UNIVERSITY PURPOSE: TO SUPPORT THE "3 TO PHD" EDUCATIONAL PROGRAM. | $45,813 |
KAIROS PDX PURPOSE: GENERAL FUND | $3,000 |
SOCIAL VENTURE PARTNERS PURPOSE: GENERAL FUND | $2,500 |