Hippocrates Oath Oregon Foundation
- Assets
- $44.1k
- Revenue
- $29.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Portland, OR
- Founding
- 02/2017
- Data as of
- 12/2023
- EIN
- 47-5143027
Organization Overview
Hippocrates Oath Oregon Foundation is located in Portland, OR. The organization was established in 2017. According to its NTEE Classification (B80) the organization is classified as: Student Services, 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. Hippocrates Oath Oregon 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, Hippocrates Oath Oregon Foundation generated $29.2k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 14.7% each year . All expenses for the organization totaled $72.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
STUDENT HOUSING PROVIDED FOR MEDICAL STUDENTS ATTENDING OHSU.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edward Grossenbacher MD President | 6 | $0 | |
Martha Dixon Secretary | 3 | $0 | |
Ryan Grossenbacher Trustee | 38 | $51,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $29,204 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $29,204 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $51,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,146 |
| Depreciation | $355 |
| Occupancy | $8,180 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $7,078 |
| Total operating and administrative expenses | $70,984 |
| Contributions, gifts, grants paid | $1,000 |
| Total expenses and disbursements | $71,984 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $35,290 |
| Savings and temporary cash investments | $0 |
| 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 | $8,821 |
| Other assets | $0 |
| Total assets | $44,111 |
| 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, Hippocrates Oath Oregon Foundation has awarded $7,895 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CARMEN PURPOSE: EDUCATIONAL | $6,895 |
MALDANADO PURPOSE: EDUCATIONAL | $1,000 |