Hillsboro Community Foundation Inc
- Assets
- $5.6m
- Revenue
- $982.7k
- Investments
- $0.0
- Employees
- 2
- Location
- Hillsboro, OR
- Founding
- 02/1987
- Data as of
- 06/2023
- EIN
- 93-0931059
Organization Overview
Hillsboro Community Foundation Inc is located in Hillsboro, OR. The organization was established in 1987. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2023, Hillsboro Community Foundation Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hillsboro Community Foundation Inc 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, Hillsboro Community Foundation Inc generated $982.7k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $486.9k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Hillsboro Community Foundation Inc has awarded 63 individual grants totaling $1,312,331. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE HILLSORO COMMUNITY FOUNDATION ENHANCES THE LIVABILITY AND QUALITY OF LIFE IN OUR COMMUNITY BY PROMOTING AND FACILITATING CHARITABLE GIVING TO ADDRESS LOCAL NEEDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AWARDED 81 GRANTS TOTALING $300,300 TO NON-PROFITS, SOCIAL SERVICE, EDUCATION, ARTS, PARKS AND YOUTH ORGANIZATIONS, IN ADDITION TO RESPONDING TO SIGNIFICANT COMMUNITY CRISIS THAT AROSE DURING THIS FISCAL YEAR.
AWARDED EIGHTEEN (18) SCHOLARSHIPS TOTALING $29,000 TO HILLSBORO HIGH SCHOOL GRADUATES TO ATTEND HIGHER EDUCATION INSTITUTIONS IN THE STATE OF OREGON. SCHOLARSHIPS AWARDED RANGED FROM $1,500 TO $5,000.
CONDUCTED COMMUNITY OUTREACH TO RAISE AWARENESS ABOUT THE IMPORTNCE OF GIVING BACK WITH FINANCIAL SUPPORT AND BY VOLUNTEERING, AND TO CONNECT PEOPLE WITH CAUSES THEY CARE ABOUT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bob J Grover Director | Trustee | 1 | $0 |
Fred S Johnson Director | Trustee | 1 | $0 |
Ralph F Helzerman Director | Trustee | 1 | $0 |
Armando A Jimenez Director | Trustee | 1 | $0 |
Deanna M Palm Director | Trustee | 1 | $0 |
Scott L Eisenstein Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $80,377 |
| All other contributions, gifts, grants, and similar amounts not included above | $817,524 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $897,901 |
| Total Program Service Revenue | $0 |
| Investment income | $39,363 |
| 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 | $982,698 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $280,300 |
| Grants and other assistance to domestic individuals. | $20,000 |
| 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 | $65,148 |
| Pension plan accruals and contributions | $9,202 |
| Other employee benefits | $6,700 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,064 |
| Fees for services: Accounting | $19,417 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $58,239 |
| Advertising and promotion | $8,057 |
| Office expenses | $9,344 |
| Information technology | $1,250 |
| Royalties | $0 |
| Occupancy | $1,163 |
| Travel | $25 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,765 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $724 |
| All other expenses | $0 |
| Total functional expenses | $486,859 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $252,556 |
| Savings and temporary cash investments | $17,999 |
| 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 | $1,121,883 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,256,170 |
| Total assets | $5,648,608 |
| Accounts payable and accrued expenses | $1,395 |
| 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 | $673 |
| Total liabilities | $2,068 |
| Net assets without donor restrictions | $318,651 |
| Net assets with donor restrictions | $5,327,889 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $5,648,608 |
Grants Awarded
Over the last fiscal year, Hillsboro Community Foundation Inc has awarded $163,606 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
HOME PLATE YOUTH SERVICES PURPOSE: Youth mental health services | $5,000 |
REEDVILLE BASEBALL CLUB PURPOSE: Purchase scoreboards | $10,500 |
RICE MUSEUM OF ROCKSMINERALS PURPOSE: General operating support | $23,106 |
RAISKA PURPOSE: Support Indian art youth programs | $5,000 |
WESTSIDE COMMUNITYYOUTH ORCHESTRA PURPOSE: Support youth music activites | $5,000 |
BIENESTAR PURPOSE: Support youth programming activities | $5,000 |