Herbert A Templeton Foundation
- Assets
- $20.0m
- Revenue
- $2.3m
- Investments
- $15.2m
- Employees
- 0
- Location
- Portland, OR
- Founding
- 08/1957
- Data as of
- 12/2021
- EIN
- 93-0505586
Organization Overview
Herbert A Templeton Foundation is located in Portland, OR. The organization was established in 1957. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Herbert A Templeton 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, Herbert A Templeton Foundation generated $2.3m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 15.3% each year . All expenses for the organization totaled $1.6m during the year ending 12/2021. While expenses have increased by 3.2% per year over the past 4 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION'S ONLY CHARITABLE ACTIVITY WAS MAKING GRANTS TO PUBLIC CHARITIES IN SUPPORT OF THEIR PROGRAMS. SEE ATTACHED LIST OF GRANTEES AND GRANT AMOUNTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christian Richmond President | 10 | $31,667 | |
Ruth Richmond Trustee | 2 | $0 | |
Terrence R Pancoast Sec/asst Tre | 2 | $0 | |
Linda M Girard Asst Secreta | 2 | $0 | |
Jimme Perkins Treasurer | 2 | $0 | |
Margaret Eickmann Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $10 |
| Dividends & Interest | $481,257 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,794,643 |
| Capital Gain Net Income | $1,794,643 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,275,910 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $31,667 |
| Other employee salaries and wages | $33,620 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $37,005 |
| Depreciation | $9,000 |
| Occupancy | $32,075 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $2,644 |
| Other expenses | $1,718 |
| Total operating and administrative expenses | $289,604 |
| Contributions, gifts, grants paid | $1,302,202 |
| Total expenses and disbursements | $1,591,806 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $35,097 |
| Savings and temporary cash investments | $4,718,080 |
| 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 | $9,028 |
| Other assets | $0 |
| Total assets | $19,978,142 |
| 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 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wilburforce Foundation Seattle, WA | $159,747,435 | $25,133,506 |
Mimi And Peter Haas Fund San Francisco, CA | $0 | $22,825,724 |
William K Bowes Jr Foundation San Francisco, CA | $0 | $15,233,813 |
Collins Foundation Portland, OR | $249,591,840 | $5,256,313 |
Walter And Elise Haas Fund San Francisco, CA | $290,773,419 | $45,613,238 |
Lisa And Douglas Goldman Fund San Francisco, CA | $314,443,125 | $25,968,602 |
Wood-Claeyssens Foundation Santa Barbara, CA | $112,450,224 | $19,490,467 |
Islands Foundation Richland, WA | $219,157,832 | $26,464,404 |
Oscar T And Olivann Hokoldfoundation Lakewood, WA | $0 | $15,898,165 |
The Saban Family Foundation Los Angeles, CA | $4,126,107 | $4,076,196 |
California Winegrowers Foundation Napa, CA | $3,681,527 | $16,676,626 |
Multi-Union Security Trust Fund Glendale, CA | $14,944,884 | $16,888,135 |