Flowerree Foundation
- Assets
- $5.6m
- Revenue
- $339.3k
- Investments
- $5.4m
- Employees
- 0
- Location
- Portland, OR
- Founding
- 07/1965
- Data as of
- 12/2021
- EIN
- 93-6034207
Organization Overview
Flowerree Foundation is located in Portland, OR. The organization was established in 1965. 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. Flowerree 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, Flowerree Foundation generated $339.3k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $485.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Flowerree Foundation has awarded 119 individual grants totaling $1,454,604. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PREVIOUSLY PURCHASED TWO ACRES OF REAL PROPERTY IN CHRISTMAS VALLEY, OREGON FOR DEVELOPMENT AS A PUBLIC PARK. THE PROPERTY IS MAINTAINED BY THE FOUNDATION THROUGH DIRECT PAYMENTS AND/OR INDIRECTLY THROUGH CONTRIBUTIONS TO THE NORTH LAKE WELLNESS CENTER AND ROBERT E. FLOWERREE MEMORIAL PARK FOUNDATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ann D Flowerree President & Director | 2 | $0 | |
John H Flowerree Co-Vice President & Director | 1 | $0 | |
David R Flowerree Co-Vice President & Director | 1 | $0 | |
David M Munro Secretary & Director | 0.01 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $15 |
| Dividends & Interest | $175,253 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $129,760 |
| Capital Gain Net Income | $129,760 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $34,292 |
| Total Revenue | $339,320 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10,040 |
| Depreciation | $3,128 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $661 |
| Total operating and administrative expenses | $61,294 |
| Contributions, gifts, grants paid | $424,041 |
| Total expenses and disbursements | $485,335 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $119,226 |
| Savings and temporary cash investments | $48,857 |
| 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 | $2,338,891 |
| Net Land, buildings, and equipment | $168,310 |
| Other assets | -$68,035 |
| Total assets | $5,620,586 |
| 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, Flowerree Foundation has awarded $519,040 in support to 38 organizations.
| Grant Recipient | Amount |
|---|---|
ALZHEIMER'S ASSOCIATION INC PURPOSE: GENERAL OPERATING SUPPORT | $1,500 |
ALBERTINA KERR CENTERS PURPOSE: GENERAL OPERATING SUPPORT | $1,500 |
AMERICAN HEART ASSOCIATION INC PURPOSE: GENERAL OPERATING SUPPORT | $1,500 |
AMERICAN RHODODENDRON SOCIETY PORTLAND CHAPTER PURPOSE: FLOWERREE WATERFALL AREA MAINTENANCE | $6,500 |
CHRIST CHURCH EPISCOPAL PARISH PURPOSE: GENERAL OPERATING SUPPORT | $8,500 |
CHURCH DIVINITY SCHOOL OF THE PACIFIC PURPOSE: GENERAL OPERATING SUPPORT | $2,000 |