Oregon Medical Education Foundation is located in Portland, OR. The organization was established in 1965. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oregon Medical Education 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, Oregon Medical Education Foundation generated $134.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $251.5k during the year ending 12/2021. While expenses have increased by 3.4% 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 OREGON MEDICAL EDUCATION FOUNDATION (OMEF) IF DEDICATED TO THE ADVANCEMENT OF MEDICAL SCIENCE THROUGH EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE OREGON MEDICAL EDUCATION FOUNDATION (OMEF) DISTRIBUTED $100,000 IN SCHOLARSHIP AWARDS TO STUDENTS PURSUING MEDICAL EDUCATION. IN ADDITION, THE FOUNDATION ALSO PROVIDED MULTIPLE GRANTS TOTALING $12,648 TO SUPPORT THE MISSION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Julie Davidson Executive Director | Officer | 30 | $71,993 |
William Pierce Mdphd President | OfficerTrustee | 0.5 | $0 |
Kevin Reavis MD Vice President | OfficerTrustee | 0.2 | $0 |
George H Caspar MD Secretary/treasurer | OfficerTrustee | 0.25 | $0 |
Joy Conklin Director | Trustee | 0.2 | $0 |
Robert Dannenhoffer MD Director | Trustee | 0.2 | $0 |
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 | $100,493 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $100,493 |
Total Program Service Revenue | $0 |
Investment income | $24,413 |
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 | $134,091 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $12,648 |
Grants and other assistance to domestic individuals. | $100,000 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $96,709 |
Compensation of current officers, directors, key employees. | $29,012 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $6,306 |
Fees for services: Management | $2,700 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $15,332 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $5,733 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $3,636 |
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 | $0 |
Total functional expenses | $251,517 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,899 |
Savings and temporary cash investments | $156,950 |
Pledges and grants receivable | $4,011 |
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 | $1,744,379 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,907,239 |
Accounts payable and accrued expenses | $43,767 |
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 | $43,767 |
Net assets without donor restrictions | $1,162,387 |
Net assets with donor restrictions | $701,085 |
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 | $1,907,239 |
Over the last fiscal year, Oregon Medical Education Foundation has awarded $52,000 in support to 4 organizations.
Grant Recipient | Amount |
---|---|
Portland, OR PURPOSE: NOURISH PROGRAM | $14,000 |
Portland, OR PURPOSE: NOURISH PROGRAM | $14,000 |
OREGON HEALTH & SCIENCE UNIVERSITY OFFICE OF PROPOSAL & AWARD MANAGEMENT PURPOSE: CONFIDENTIALITY ADVOCACY PROGRAM | $12,000 |
OREGON HEALTH & SCIENCE UNIVERSITY OFFICE OF PROPOSAL & AWARD MANAGEMENT PURPOSE: CONFIDENTIALITY ADVOCACY PROGRAM | $12,000 |
Over the last fiscal year, we have identified 3 grants that Oregon Medical Education Foundation has recieved totaling $14,780.
Awarding Organization | Amount |
---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $7,000 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $6,280 |
Glassybaby White Light Fund Seattle, WA PURPOSE: GENERAL SUPPORT | $1,500 |
Beg. Balance | $557,948 |
Earnings | $75,110 |
Other Expense | $17,990 |
Ending Balance | $615,068 |
Organization Name | Assets | Revenue |
---|---|---|
U C San Diego Foundation La Jolla, CA | $1,658,962,820 | $199,905,173 |
California State University Fresno Foundation Fresno, CA | $305,581,286 | $82,049,002 |
University Corporation At Monterey Bay Seaside, CA | $199,917,843 | $49,155,763 |
San Jose State University Research Foundation San Jose, CA | $57,091,451 | $53,661,013 |
University Of Nevada-Reno Foundation Reno, NV | $310,760,494 | $35,673,494 |
The U C Davis Foundation Davis, CA | $716,342,130 | $110,976,640 |
Southwestern Law School Los Angeles, CA | $126,801,745 | $54,692,632 |
Associated Students Ucla Los Angeles, CA | $54,580,827 | $39,327,069 |
Csu Fullerton Auxiliary Services Corporation Fullerton, CA | $104,352,109 | $45,637,535 |
New Schools Fund Oakland, CA | $55,397,321 | $41,218,694 |
Chico State Enterprises Chico, CA | $47,170,077 | $46,861,327 |
Ilead California Charters 1 Acton, CA | $20,389,401 | $46,593,851 |