North Coast Scholarship Foundation
- Assets
- $418.5k
- Revenue
- $33.4k
- Investments
- $408.9k
- Employees
- 0
- Location
- Portland, OR
- Founding
- 01/2006
- Data as of
- 12/2022
- EIN
- 20-1930677
Organization Overview
North Coast Scholarship Foundation is located in Portland, OR. The organization was established in 2006. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. North Coast Scholarship 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, North Coast Scholarship Foundation generated $33.4k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 27.8% each year . All expenses for the organization totaled $20.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edward J Nimmo Chairman | 1 | $0 | |
Elizabeth Nimmo Secretary | 1 | $0 | |
Cameron J Nimmo Director | 1 | $0 | |
Christopher J Nimmo Director | 1 | $0 | |
Katherine Nimmo-Rosenbaum Director | 1 | $0 | |
Fernanda Nunes Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $8,206 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $25,152 |
| Capital Gain Net Income | $25,152 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $33,358 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $295 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $3,294 |
| Printing and publications | $0 |
| Other expenses | $146 |
| Total operating and administrative expenses | $12,748 |
| Contributions, gifts, grants paid | $8,000 |
| Total expenses and disbursements | $20,748 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,616 |
| Savings and temporary cash investments | $0 |
| 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 | $418,525 |
| 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, North Coast Scholarship Foundation has awarded $8,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
GONZAGA UNIVERSITY PURPOSE: SCHOLARSHIP - CAILIN BENNETT | $1,500 |
LINFIELD UNIVERSITY PURPOSE: SCHOLARSHIP - KES SANDSTROM | $2,000 |
UNIVERSITY OF NEBRASKA PURPOSE: SCHOLARSHIP - MARIA HEYEN | $2,500 |
GEORGE FOX UNIVERSITY PURPOSE: SCHOLARSHIP - CORI BIAMONT | $1,000 |
UNIVERSITY OF PORTLAND PURPOSE: SCHOLARSHIP - THAYNE COVERT | $1,000 |