Faith Foundation

Organization Overview

Faith Foundation is located in Salem, OR. The organization was established in 1993. 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. Faith 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, Faith Foundation generated $3.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (4.0%) each year. All expenses for the organization totaled $74.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (58.2%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

N/A


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $1,500,000
Interest on Savings $1,090
Dividends & Interest $1,696,188
Net Rental Income$0
Net Gain on Sale of Assets $17,428
Capital Gain Net Income $108,208
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $225,352
Total Revenue $3,440,058

Peer Organizations

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