Mehlum Family Foundation
- Assets
- $3.9m
- Revenue
- $2.0m
- Investments
- $3.7m
- Employees
- 0
- Location
- Eugene, OR
- Founding
- 06/2008
- Data as of
- 06/2023
- EIN
- 77-0708571
Organization Overview
Mehlum Family Foundation is located in Eugene, OR. The organization was established in 2008. 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. Mehlum Family 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 06/2023, Mehlum Family Foundation generated $2.0m in total revenue. All expenses for the organization totaled $81.5k during the year ending 06/2023. While expenses have increased by 2.4% per year over the past 3 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.
Since 2015, Mehlum Family Foundation has awarded 41 individual grants totaling $231,071. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rolf Erik Mehlum Vice Pres. Director | 0 | $0 | |
Ann Marie Mehlum Treas. Director | 0 | $0 | |
Katherine Woodman President Director | 0 | $0 | |
Susan Hekimoglu Secy Director | 0 | $0 | |
Emel Mehlum Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,871,229 |
| Interest on Savings | $13,738 |
| Dividends & Interest | $93,724 |
| 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 | $1,978,691 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $996 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $611 |
| Total operating and administrative expenses | $6,461 |
| Contributions, gifts, grants paid | $75,050 |
| Total expenses and disbursements | $81,511 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $144,464 |
| Savings and temporary cash investments | $18,824 |
| 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 | $0 |
| Other assets | $0 |
| Total assets | $3,879,038 |
| 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, Mehlum Family Foundation has awarded $75,050 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
UNITED WAY OF LANE COUNTY PURPOSE: CONTRIBUTION | $2,500 |
SIUSLAW PIONEER MUSEUM PURPOSE: COMMUNITY HEALTH | $2,500 |
SIUSLAW OUTREACH PURPOSE: COMMUNITY PROGRAMS | $2,500 |
BOYS AND GIRLS CLUBS OF LANE CO PURPOSE: COMMUNITY PROGRAMS | $2,500 |
EUGENE SYMPHONY PURPOSE: THE ARTS | $10,000 |
THE SHEDD INSTITUTE PURPOSE: THE ARTS | $7,500 |