Portland Parks Foundation
- Assets
- $1.7m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 7
- Location
- Portland, OR
- Founding
- 09/2001
- Data as of
- 12/2021
- EIN
- 93-1319970
Organization Overview
Portland Parks Foundation is located in Portland, OR. The organization was established in 2001. According to its NTEE Classification (N32) the organization is classified as: Parks & Playgrounds, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Portland Parks Foundation employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Portland Parks 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, Portland Parks Foundation generated $1.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.5% each year. All expenses for the organization totaled $567.8k during the year ending 12/2021. While expenses have increased by 0.8% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION, A PRIVATE, NONPROFIT ORGANIZATION, WAS CREATED IN 2001 TO FOSTER PUBLIC/PRIVATE PARTNERSHIPS FOR THE BENEFIT OF THE PARKS AND TO CREATE NEW ONES. PORTLAND PARKS FOUNDATION'S GOALS ARE: TO PROVIDE A NEIGHBORHOOD PARK WITHIN A 15-MINUTE WALK OF EVERY PORTLAND RESIDENT; TO PRESERVE GREENSPACE; AND TO MAINTAIN THE CITY'S INVESTMENT IN ITS WORLD-CLASS PARK SYSTEM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MOBILIZING PARKS GROUPS AND VOLUNTEERS - IN 2021 THE FOUNDATION CONTINUED TO GROW ITS SMALL GRANTS PROGRAM PROGRAM FOCUSING ON SUPPORTING LOCAL FRIENDS GROUPS WHO VOLUNTEER THEIR TIME TO CARE FOR AND HELP MAINTAIN THEIR NEIGHBORHOOD PARK. IN 2021 10 GRANTS WERE GIVEN FOR $2,000 EACH WITH A FOCUS ON BUILDING THE CAPACITY AND SUSTAINABILITY OF THESE GROUPS. IN 2021 THE FOUNDATION ALSO CONTINUED ITS FRIENDS & ALLIES SUMMITS, A TWICE YEARLY PROGRAM DEVELOPED TO SUPPORT PARKS GROUPS AND VOLUNTEERS ON RELEVANT TOPICS INCLUDING HOUSELESSNESS AND PARKS, VOLUNTEER RETENTION, AND FISCAL SPONSORSHIPS AND INSURANCE. PPF ALSO CONTINUED ITS GREEN DREAMS SPEAKER SERIES WHICH IS AN ONGOING DISCUSSION SERIES WITH PORTLAND LEADERS ON THE FUTURE OF THE CITY'S PARKS, OPEN SPACES, AND URBAN DESIGN. THE FOUNDATION TOOK ON A NEW PROGRAM, PASEO, TO REIMAGINE DOWNTOWN IN OUR OLDEST PARKS TO BRING TOGETHER AND TO UPLIFT THE ARITSTS, COMMUNITY MEMBERS, AND ORGANIZATIONS. PART OF PASEO INCLUDED SUPPORT FOR MUTUAL AID ORGANIZATIONS WHO PARTNERED WITH PASEO TOTALING GRANTS OF $9,248. DUE TO THE DELTA COVID SURGE, PASEO PIVOTED TO AN ONLINE FORMAT.
CAPITAL PARK PROJECTS - IN 2019, THE FOUNDATION LED THE PROJECT TEAM TO SUBSTANTIAL COMPLETION OF THE BARBARA WALKER CROSSING, A PEDESTRIAN BRIDGE AND AN INTERNATIONALLY RECOGNIZED PIECE OR ART THAT PROVIDES A SAFE CROSSING BETWEEN FOREST AND WASHINGTON PARKS ON THE WILDWOOD TRAIL. IN 2021, PPF INSTALLED SOME SAFETY UPATES TO THE RAILING. PPF ALSO LAUNCHED THE ROSE CITY PLAYGROUND REPLACEMENT FUND INITIATIVE IN PARTNERHSIP WITH PP&R AND THE ROSE CITY COMMUNITY TO RAISE MONEY TO BUILD A NEW PLAYGROUND IN ROSE CITY PARK. THE NEW PLAYGROUND WILL BE CONSTRUCTED IN 2023. THE FUNDRAISING CAMPAIGN LAUNCHED IN 2021.
PARKS PROGRAMMING AND MAINTENANCE - THE FOUNDATION ISSUED GRANTS TOTALING $8,683 IN SUPPORT OF SPONSORED PARK PROGRAMS LIKE RECREATION SCHOLARSHIPS AND RECREATION PROGRAMMING INCLUDING SUMMER PROGRAMMING AND YOUTH GOLDENBALL SCHOLARSHIPS.
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 |
|---|---|---|---|
Randy Gragg Executive Director | Officer | 40 | $92,383 |
Lee Novak Treasurer | OfficerTrustee | 1 | $0 |
Jr Lilly Vice-Chair | OfficerTrustee | 1 | $0 |
Kia Selley Chair | OfficerTrustee | 1 | $0 |
Karen Kervin Past Board Chair | Trustee | 0.5 | $0 |
Jules Bailey Executive Committee | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $148,535 |
| All other contributions, gifts, grants, and similar amounts not included above | $916,519 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,065,054 |
| Total Program Service Revenue | $0 |
| Investment income | $99 |
| 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 | $2,747 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,067,900 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $38,139 |
| Grants and other assistance to domestic individuals. | $900 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $108,340 |
| Compensation of current officers, directors, key employees. | $19,501 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $176,506 |
| Pension plan accruals and contributions | $3,719 |
| Other employee benefits | $7,544 |
| Payroll taxes | $22,100 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $618 |
| Fees for services: Accounting | $5,341 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $125,305 |
| Advertising and promotion | $923 |
| Office expenses | $4,336 |
| Information technology | $7,882 |
| Royalties | $0 |
| Occupancy | $23,220 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $462 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,530 |
| All other expenses | $0 |
| Total functional expenses | $567,796 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,258,895 |
| Savings and temporary cash investments | $147,389 |
| Pledges and grants receivable | $41,095 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $265,531 |
| Total assets | $1,712,910 |
| Accounts payable and accrued expenses | $31,739 |
| 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 | $31,739 |
| Net assets without donor restrictions | $777,363 |
| Net assets with donor restrictions | $903,808 |
| 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 | $1,712,910 |
Grants Awarded
Over the last fiscal year, Portland Parks Foundation has awarded $601,257 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF PORTLAND PURPOSE: CONSTRUCTION OF BARBARA WALKER CROSSING, A FOOTBRIDGE. | $545,476 |
PORTLAND PARKS AND RECREATION PURPOSE: SUPPORTED PARK ENHANCEMENTS, SUMMER FREE FOR ALL CONCERTS AND FREE LUNCH AND PLAY. | $44,175 |
PORTLANDERS FOR PARKS PURPOSE: SUPPORTED EFFORTS TO PASS THE LOCAL PARKS LEVY ON THE NOVEMBER 2020 BALLOT. | $11,606 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Portland Parks Foundation has recieved totaling $510.
| Awarding Organization | Amount |
|---|---|
Colovos Family Charitable Foundation Inc Chicago, IL PURPOSE: GENERAL | $510 |
Endowment Analysis
| Beg. Balance | $228,647 |
| Earnings | $46,603 |
| Admin Expense | $1,239 |
| Grants | $8,480 |
| Ending Balance | $265,531 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
San Francisco Parks Alliance San Francisco, CA | $18,998,455 | $13,460,764 |
Yosemite Foundation San Francisco, CA | $37,489,073 | $19,130,679 |
California State Parks Foundation San Francisco, CA | $15,437,554 | $10,182,673 |
Twin Falls Canal Company Twin Falls, ID | $15,506,404 | $6,312,715 |
City Fields Foundation San Francisco, CA | $32,251 | $525,011 |
Cherokee Memorial Park Lodi, CA | $30,465,199 | $7,494,218 |
Save Mount Diablo Walnut Creek, CA | $23,107,721 | $3,476,517 |
Crystal Cove Conservancy Newport Coast, CA | $7,212,040 | $4,737,613 |
Roosevelt Memorial Park Asso Gardena, CA | $6,728,586 | $5,961,574 |
Oaks Park Association Portland, OR | $15,243,848 | $2,154,099 |
Oakland Childrens Fairyland Inc Oakland, CA | $2,041,774 | $4,880,926 |
Gage Canal Company Riverside, CA | $3,778,956 | $3,287,704 |