Pacificorp Foundation
- Assets
- $50.5m
- Revenue
- $1.4m
- Investments
- $50.3m
- Employees
- 0
- Location
- Portland, OR
- Founding
- 06/1989
- Data as of
- 12/2022
- EIN
- 94-3089826
Organization Overview
Pacificorp Foundation is located in Portland, OR. The organization was established in 1989. 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. Pacificorp 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 12/2022, Pacificorp Foundation generated $1.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (19.2%) each year. All expenses for the organization totaled $3.1m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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 |
|---|---|---|---|
Stefan A Bird Director & Chair | 0.1 | $0 | |
Gary W Hoogeveen Director & President | 0.5 | $0 | |
Ryan R Fuller V.p., Taxation | 0.3 | $0 | |
Nikki L Kobliha Treasurer | 0.1 | $0 | |
Jeffrey B Erb Secretary | 0 | $0 | |
William Comeau Vice President | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $100 |
| Interest on Savings | $1,692 |
| Dividends & Interest | $1,033,887 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $382,556 |
| Capital Gain Net Income | $382,556 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $612 |
| Total Revenue | $1,418,847 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $128,534 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $41,600 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $42,904 |
| Total operating and administrative expenses | $213,148 |
| Contributions, gifts, grants paid | $2,871,491 |
| Total expenses and disbursements | $3,084,639 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $140,606 |
| Savings and temporary cash investments | $612 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $50,465,575 |
| Accounts payable and accrued expenses | $11,336 |
| 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 | $11,336 |