Terwilliger Plaza Foundation Inc
- Assets
- $8.0m
- Revenue
- $640.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Portland, OR
- Founding
- 01/1992
- Data as of
- 12/2023
- EIN
- 93-1062307
Organization Overview
Terwilliger Plaza Foundation Inc is located in Portland, OR. The organization was established in 1992. According to its NTEE Classification (L11) the organization is classified as: Single Organization Support, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Terwilliger Plaza 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 12/2023, Terwilliger Plaza Foundation Inc generated $640.8k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 17.5% each year . All expenses for the organization totaled $929.4k during the year ending 12/2023. While expenses have increased by 17.3% per year over the past 9 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 2014, Terwilliger Plaza Foundation Inc has awarded 14 individual grants totaling $4,033,348. 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
TO SUPPORT TERWILLIGER PLAZA AND ITS RESIDENTS TO ENHANCE THE QUALITY OF LIFE IN TERWILLIGER PLAZA; TO SUPPORT THE LESTA HOEL MEMORIAL TRUST FUND THAT ASSISTS RESIDENTS WHO MIGHT OTHERWISE HAVE TO LEAVE THE PLAZA DUE TO FINANCIAL HARDSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS MADE TO TERWILLIGER PLAZA, INC. FOR CLINIC STAFFING, REMODELING, EXERCISE EQUIPMENT FOR THE WELLNESS CENTER, PROGRAMS FOR LIFE ENRICHMENT, PURCHASED EQUIPMENT AND SERVICES TO ENHANCE TP PROGRAMS, EDUCATIONAL SCHOLARSHIPS, AND ASSISTED LIVING SUPPORT.
GRANTS MADE TO THE LESTA HOEL MEMORIAL TRUST FUND TO ALLOCATE CONTRIBUTIONS COLLECTED BY THE FOUNDATION ON BEHALF OF LESTA HOEL.
DISTRIBUTIONS OF EARNINGS FROM FUNDS HELD AT OREGON COMMUNITY FOUNDATION FOR VARIOUS EXEMPT PURPOSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ryan Miller President & CEO | Officer | 1.5 | $0 |
Judy O'donnell Vice President & CFO | Officer | 1.5 | $0 |
Marilyn Gifford Executive Director | Officer | 30 | $0 |
Ralph Bolliger President | OfficerTrustee | 1 | $0 |
George Ammerman Vice President | OfficerTrustee | 1 | $0 |
Phyllis Maynard Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $15,284 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $495,118 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $510,402 |
| Total Program Service Revenue | $0 |
| Investment income | $89,945 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $18,436 |
| Net Income from Fundraising Events | -$2,499 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $640,803 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $723,968 |
| Grants and other assistance to domestic individuals. | $38,200 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $48,869 |
| Fees for services: Other | $79,105 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $0 |
| All other expenses | $0 |
| Total functional expenses | $929,372 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $353,477 |
| 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 | $2,541,723 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,060,392 |
| Total assets | $7,955,592 |
| Accounts payable and accrued expenses | $25,380 |
| 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 | $32,545 |
| Total liabilities | $57,925 |
| Net assets without donor restrictions | $2,115,845 |
| Net assets with donor restrictions | $5,781,822 |
| 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 | $7,955,592 |
Grants Awarded
Over the last fiscal year, Terwilliger Plaza Foundation Inc has awarded $716,396 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
TERWILLIGER PLAZA INC PURPOSE: MEMBER SUBSIDIES | $655,322 |
LESTA HOEL MEMORIAL TRUST FUND PURPOSE: FUNDRAISER PROCEEDS | $61,074 |