Sisters Schools Foundation Inc
- Assets
- $988.7k
- Revenue
- $219.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Sisters, OR
- Founding
- 01/1997
- Data as of
- 06/2022
- EIN
- 93-1223422
Organization Overview
Sisters Schools Foundation Inc is located in Sisters, OR. The organization was established in 1997. 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. Sisters Schools 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 06/2022, Sisters Schools Foundation Inc generated $219.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.4%) each year. All expenses for the organization totaled $114.6k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (13.1%) per year over the past 7 years. 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 FOUNDATION'S MISSION IS TO PROVIDE NEEDED FUNDS TO SAVE, ENHANCE AND PERPETUATE THOSE PROGRAMS AND ACTIVITIES THAT ARE THREATENED DUE TO BUDGET CUTS AND TAX-LIMITING MEASURES AT THE SCHOOLS WITHIN THE SISTERS SCHOOL DISTRICT #6, DESCHUTES COUNTY, OREGON.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION SPONSORED AND FINANCIALLY SUPPORTED VARIOUS CLASSROOM AND CO-CURRICULAR ACTIVITIES BY AWARDING GRANTS FOR THE PURPOSE OF FUNDING THE REPLACEMENT OF AGING EQUIPMENT AND THE PURCHASE OF SUPPLIES AND MATERIALS FOR THE FINE ARTS, MUSIC, ATHLETIC, MATH, SCIENCE AND TECHNOLOGY PROGRAMS OFFERED BY THE SCHOOLS WITHIN THE SISTERS SCHOOL DISTRICT.
THE FOUNDATION PROVIDES EDUCATIONAL SCHOLARSHIP GRANTS BASED ON ESTABLISHED CRITERIA THAT TAKES INTO CONSIDERATION AN APPLICANT'S SCHOLASTIC ABILITIES, COMMUNITY INVOLVEMENT AND FINANCIAL NEED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Treasure Lewis Director | OfficerTrustee | 2 | $0 |
Peyton Griffin Director | OfficerTrustee | 2 | $0 |
Ross Kennedy President | OfficerTrustee | 3 | $0 |
Jamie Vohs Treasurer | OfficerTrustee | 4 | $0 |
Angela Buller Vice President | Trustee | 1 | $0 |
Melanie Petterson Director | Trustee | 1 | $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 | $196,072 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $196,072 |
| Total Program Service Revenue | $23,012 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $219,084 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $111,059 |
| Grants and other assistance to domestic individuals. | $1,500 |
| 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 | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $510 |
| 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 | $1,564 |
| Total functional expenses | $114,633 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $197,128 |
| 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 | $791,602 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $988,730 |
| 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 | $680,807 |
| Net assets with donor restrictions | $307,923 |
| 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 | $988,730 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Sisters Schools Foundation Inc has recieved totaling $27,125.
| Awarding Organization | Amount |
|---|---|
Roundhouse Foundation Irrv Charitable Tr Sisters, OR PURPOSE: STRENGTHENING SISTERS SCHOOLS | $15,000 |
Columbus Foundation Columbus, OH PURPOSE: EDUCATION | $12,000 |
Roundhouse Foundation Irrv Charitable Tr Sisters, OR PURPOSE: SHS IEE PROGRAM SUPPORT (BARNES DONATION) | $125 |
Endowment Analysis
| Beg. Balance | $609,893 |
| Earnings | -$79,261 |
| Ending Balance | $530,632 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Amazonsmile Foundation Seattle, WA | $32,322,159 | $94,115,479 |
Dr Miriam And Sheldon G Adelson Las Vegas, NV | $37,664,470 | $5,516,038 |
Shimon Ben Joseph Foundation San Francisco, CA | $1,592,283,787 | $39,921,005 |
Alfred C Munger Foundation Los Angeles, CA | $17,737,694 | $91,163,030 |
Hellman Foundation San Francisco, CA | $693,471,633 | $133,789,010 |
The Eric And Wendy Schmidt Fund For Strategic Innovation Palo Alto, CA | $1,715,568,763 | $412,161,407 |
Omidyar Network Fund Inc Redwood City, CA | $490,038,780 | $21,031,743 |
Sobrato Family Foundation Mountain View, CA | $811,956,453 | $266,068,436 |
Moore Family Foundation Incline Village, NV | $173,909 | $5,659,701 |
Gates Philanthropy Partners Seattle, WA | $58,428,866 | $30,155,547 |
Paul G Allen Family Foundation Seattle, WA | $0 | $45,218,114 |
Benificus Foundation San Carlos, CA | $13,481,294 | $1,960,393 |