Corvallis Public Schools Foundation is located in Corvallis, OR. The organization was established in 1997. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2022, Corvallis Public Schools Foundation employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Corvallis Public Schools 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 06/2022, Corvallis Public Schools Foundation generated $809.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $610.4k during the year ending 06/2022. While expenses have increased by 1.9% per year over the past 6 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE CORVALLIS PUBLIC SCHOOLS FOUNDATION IS TO SUPPORT LOCAL SCHOOLS AND INSPIRE LEARNING FOR A LIFETIME. OUR VISION IS THAT ALL STUDENTS-REGARDLESS OF RACE, CULTURE, SOCIOECONOMIC STATUS, LANGUAGE, ABILITY, GENDER, SEXUAL ORIENTATION, OR OTHER IDENTIFIERS-GRADUATE AS ENGAGED COMMUNITY MEMBERS, READY TO CONTRIBUTE TO THEIR FULLEST POTENTIAL AND NAVIGATE THE WORLD'S COMPLEXITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WRAP-AROUND SERVICES AND SUPPORT: WE SUPPORTED EDUCATIONAL ACCESS FOR ALL STUDENTS, ESPECIALLY THOSE NAVIGATING POVERTY AND HOMELESSNESS, WITH GRANTS TOTALING $149,839 TO THE STUDENT OPPORTUNITY FOR SUCCESS, HOMELESS EDUCATION, WELCOME CENTER AND FAMILY SUPPORT PROGRAMS. HOMELESS EDUCATION AND WELCOME CENTER WERE COMBINED INTO THE FAMILY SUPPORT PROGRAM HALFWAY THROUGH THE YEAR. WE PROVIDED STUDENTS QUALIFYING FOR FREE AND REDUCED MEALS (2,200 STUDENTS) WITH BACKPACKS AND CLOTHING, SHOES, HEALTH AND HYGIENE SUPPLIES, EYE EXAMS, GLASSES, FOOD, SNACKS, EXTRACURRICULAR ACTIVITY FEES, AFTER-SCHOOL CARE, AND SUMMER CHILDCARE AND ENRICHMENT OPPORTUNITIES. IN ADDITION, WE PROVIDED EMERGENCY SUPPORT, RENT MONEY AND TRANSPORTATION FOR 200 STUDENTS WHO WERE HOUSELESS. THE FAMILY SUPPORT PROGRAM REACHED 372 FAMILIES (MORE THAN 600 STUDENTS) BY PROVIDING RENT AND/OR UTILITIES ASSISTANCE (TOTALING $13,416), 782 BAGS OF SHELF-STABLE FOOD, 308 PRODUCE BOXES FROM A LOCAL FARM, 489 LAUNDRY CARDS, MORE THAN 1,000 GROCERY GIFT CARDS (VALUED AT $28,155), 534 DELIVERIES OF CLEANING AND PERSONAL HYGIENE PRODUCTS, AND 80 SCHOLARSHIPS TO STUDENTS TO ATTEND THE BOYS & GIRLS CLUB AFTER-SCHOOL PROGRAM. IN ADDITION, $13,969 WAS SPENT ON THE SUICIDE-PREVENTION PROGRAM AND $20,794 WAS SPENT ON SCHOOL STAFF WELLBEING AND RETENTION BY PROVIDING STAFF APPRECIATION MEALS AND TOKENS OF APPRECIATION AND SUPPORT.
RACIAL EQUITY GRANTS: WE PROVIDED $17,420 TO SUPPORT ONGOING PROFESSIONAL LEARNING AND COLLABORATION IN EACH SCHOOL TO DISRUPT SYSTEMS AND STRUCTURES THAT HAVE HISTORICALLY MARGINALIZED STUDENTS AND COMMUNITIES OF COLOR. GRANT FUNDING ALSO PAID FOR CULTURALLY RESPONSIVE MATERIALS, LEADERSHIP DEVELOPMENT FOR STAFF OF COLOR IN OUR SCHOOL DISTRICT, EXPANSION OF THE S.A.F.E. (STUDENTS ADVOCATING FOR EQUITY) PROGRAM AT ELEMENTARY SCHOOLS, AND WIRELESS INTERNET ACCESS. THESE PROJECTS SERVED 6,212 STUDENTS IN THE DISTRICT'S SCHOOLS.
SCHOOL PROGRAMS SUPPORT: WE MANAGED MORE THAN 220 DESIGNATED ACCOUNTS FOR A VARIETY OF PURPOSES, SUCH AS BIKE EDUCATION, HOMELESS EDUCATION, SPECIAL EDUCATION, OUTDOOR SCHOOL, HIGH SCHOOL CAREER CONVENTION, GRADUATION PARTY, ART, DRAMA, EXTRACURRICULAR, FOREIGN LANGUAGE, LIBRARY, MATH, MUSIC, PHYSICAL EDUCATION, SCIENCE, SPORTS, TECHNOLOGY, ROBOTICS, AND WELCOME CENTER FOR THE SCHOOL DISTRICT'S 13 PUBLIC SCHOOLS THAT ENROLLED 6,212 STUDENTS AND EMPLOYED 1,191 TEACHERS, SUPPORT STAFF, AND COACHES.
ACADEMIC AND ENRICHMENT GRANTS: IMAGINE GRANTS OF $67,186 WERE USED TO ENCOURAGE INNOVATIVE IDEAS THAT ADVANCE EQUITY AND STUDENTS' EXPERIENCES IN THEIR SCHOOL COMMUNITIES SUCH AS PROJECTS IN MUSIC, ENGLISH AND BILINGUAL LITERACY, PHYSICAL EDUCATION, STEM, CONSTRUCTION, BUSINESS, AND ENVIRONMENTAL EDUCATION;. AND $7,421 WAS USED FOR YEA! (YOUTH EMPOWERMENT AND ACTION) GRANTS FOR INNOVATIVE, STUDENT-DRIVEN PROJECTS. THROUGH OUR GOLDEN APPLE AWARDS PROGRAM, WE AWARDED FOUR STIPENDS TOTALING $3,240 TO HONOR OUTSTANDING TEACHERS AND STAFF. THROUGH OUR ENDOWED SCHOLARSHIP PROGRAM, WE AWARDED SCHOLARSHIPS TOTALING $10,250 TO HELP 10 HIGH SCHOOL SENIORS PURSUE THEIR POST-SECONDARY EDUCATION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Liv Gifford Executive Director | Officer | 40 | $45,270 |
Ashlee Chavez Chair | OfficerTrustee | 3 | $0 |
Tammy Jaquith Treasurer | OfficerTrustee | 2 | $0 |
Becca Gose Secretary | OfficerTrustee | 2 | $0 |
Salam Althahabi Trustee | Trustee | 1 | $0 |
Wanda Arp Trustee | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $104,655 |
Related organizations | $77,500 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $590,338 |
Noncash contributions included in lines 1a–1f | $39,445 |
Total Revenue from Contributions, Gifts, Grants & Similar | $772,493 |
Total Program Service Revenue | $0 |
Investment income | $57,406 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$9,979 |
Net Income from Fundraising Events | -$10,790 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $809,130 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $235,209 |
Grants and other assistance to domestic individuals. | $184,123 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $67,278 |
Compensation of current officers, directors, key employees. | $19,921 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $40,762 |
Pension plan accruals and contributions | $5,845 |
Other employee benefits | $9,000 |
Payroll taxes | $10,608 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $11,617 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $11,262 |
Advertising and promotion | $13,751 |
Office expenses | $2,508 |
Information technology | $1,163 |
Royalties | $0 |
Occupancy | $9,600 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $900 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $1,890 |
All other expenses | $0 |
Total functional expenses | $610,432 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $250,775 |
Savings and temporary cash investments | $242,013 |
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 | $1,760,437 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $2,253,225 |
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 | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $600,972 |
Net assets with donor restrictions | $1,652,253 |
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 | $2,253,225 |