Palau Foundation For World Evangelism
- Assets
- $2.8m
- Revenue
- $325.2k
- Investments
- $40.4k
- Employees
- 0
- Location
- Beaverton, OR
- Founding
- 11/1992
- Data as of
- 12/2020
- EIN
- 93-1084330
Organization Overview
Palau Foundation For World Evangelism is located in Beaverton, OR. The organization was established in 1992. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Palau Foundation For World Evangelism 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 12/2020, Palau Foundation For World Evangelism generated $325.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.9%) each year. All expenses for the organization totaled $344.7k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (18.7%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Palau Foundation For World Evangelism has awarded 45 individual grants totaling $3,101,759. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT CHRISTIAN ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2020, THE FOUNDATION ISSUED GRANTS TOTALING $330,550 TO DIFFERENT ORGANIZATIONS THAT HAD EVANGELISM AS ONE OF THEIR CORE VALUES. THE FOUNDATION EXISTS TO CREATE AN ENDOWMENT FOR EVANGELISM AND HELP DONORS PARTICPATE IN WORLD EVANGELISM.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bud Lindstrand Chairman | OfficerTrustee | 1 | $0 |
Richard E Withnell Vice President | OfficerTrustee | 1 | $0 |
Keith Palau Vice President | OfficerTrustee | 1 | $0 |
David Jones - Exec Director Secretary / Treasurer | Officer | 5 | $0 |
Richard Coulson Director | Trustee | 0.3 | $0 |
Joan Dehn Director | Trustee | 0.3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $197,388 |
| Noncash contributions included in lines 1a–1f | $177,100 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $197,388 |
| Total Program Service Revenue | $0 |
| Investment income | $37,790 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $90,024 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $325,202 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $326,050 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $4,500 |
| 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 | $2,171 |
| Fees for services: Accounting | $8,075 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,363 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,622 |
| Information technology | $949 |
| 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 | $344,730 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $75,399 |
| 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 | $2,229,875 |
| Investments—other securities | $40,403 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $485,891 |
| Total assets | $2,831,568 |
| Accounts payable and accrued expenses | $0 |
| 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 | $5,000 |
| Other liabilities | $295,492 |
| Total liabilities | $300,492 |
| Net assets without donor restrictions | $2,338,302 |
| Net assets with donor restrictions | $192,774 |
| 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 | $2,831,568 |
Grants Awarded
Over the last fiscal year, Palau Foundation For World Evangelism has awarded $261,200 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
Portland, OR PURPOSE: Evangelistic ministry | $130,000 |
Los Angeles, CA PURPOSE: Evangelistic ministry | $57,000 |
Wilsonville, OR PURPOSE: Support for seminary | $15,000 |
CORNERSTONE CHURCH OF IONE PURPOSE: Church ministry | $12,000 |
Portland, OR PURPOSE: Evangelistic ministry | $10,500 |
Sandy, OR PURPOSE: Christian Service ministry | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Palau Foundation For World Evangelism has recieved totaling $100.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: EVANGELISM | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Credit Unions In The State Of Washington Richland, WA | $2,255,622,236 | $118,353,811 |
Community Research Foundation Inc San Diego, CA | $20,745,009 | $77,081,989 |
Independent Order Of Odd Fellows San Jose, CA | $263,514,735 | $67,258,563 |
Compass Health Everett, WA | $49,121,108 | $74,131,042 |
Gallo Employee Benefit Trust Modesto, CA | $5,341,212 | $62,468,490 |
Central City Community Health Center Monterey Park, CA | $37,966,009 | $52,273,838 |
Koret Foundation San Francisco, CA | $515,520,670 | $39,088,314 |
Low Income Housing Institute Seattle, WA | $253,877,593 | $49,435,203 |
South Coast Childrens Society Inc Mission Viejo, CA | $13,233,032 | $36,840,141 |
Partnerships To Uplift Communities Valley Burbank, CA | $45,863,273 | $39,395,312 |
Lake County Tribal Health Consortium Inc Lakeport, CA | $69,377,072 | $39,633,665 |
Baby2baby Los Angeles, CA | $23,910,524 | $31,584,050 |