Margaret Thiele Petti Foundation
- Assets
- $837.5k
- Revenue
- $62.5k
- Investments
- $818.3k
- Employees
- 0
- Location
- Tigard, OR
- Founding
- 08/1995
- Data as of
- 12/2022
- EIN
- 93-1161002
Organization Overview
Margaret Thiele Petti Foundation is located in Tigard, OR. The organization was established in 1995. 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. Margaret Thiele Petti 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 12/2022, Margaret Thiele Petti Foundation generated $62.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.0%) each year. All expenses for the organization totaled $97.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (8.1%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Margaret Thiele Petti Foundation has awarded 77 individual grants totaling $786,865. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelly Baker President | 20 | $0 | |
Tatiana T Rude Director | 1 | $0 | |
Diana L Wardell Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $149 |
| Dividends & Interest | $36,404 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $25,933 |
| Capital Gain Net Income | $25,933 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $62,486 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,862 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $9,875 |
| Total operating and administrative expenses | $22,599 |
| Contributions, gifts, grants paid | $75,000 |
| Total expenses and disbursements | $97,599 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19,223 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Other assets | $0 |
| Total assets | $837,519 |
| 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 |
Grants Awarded
Over the last fiscal year, Margaret Thiele Petti Foundation has awarded $75,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
NATIONAL GUIDE DOG ASSOC PURPOSE: GENERAL FUND | $9,375 |
BONNIE HAYES ANIMAL SHELTER PURPOSE: GENERAL FUND | $9,375 |
FOREVER HOME PET RESCUE PURPOSE: GENERAL FUND | $9,375 |
HOPE EQUESTRIAN CENTER PURPOSE: GENERAL FUND | $9,375 |
OREGON DOG RESCUE PURPOSE: GENERAL FUND | $9,375 |
SPEAK UP FOR HORSES INC PURPOSE: GENERAL FUND | $9,375 |