The Stronghold Fund
- Assets
- $13.2m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Portland, OR
- Founding
- 06/2016
- Data as of
- 12/2021
- EIN
- 20-5602442
Organization Overview
The Stronghold Fund is located in Portland, OR. The organization was established in 2016. According to its NTEE Classification (D33) the organization is classified as: Fisheries Resources, under the broad grouping of Animal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stronghold Fund 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, Stronghold Fund generated $1.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.0%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2021. 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 STRONGHOLD FUND'S MISSION IS TO SUPPORT STRATEGIC CONSERVATION EFFORTS IN THE NORTH PACIFIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE STRONGHOLD FUND PROVIDED GRANTS IN SUPPORT OF WATERSHED CONSERVATION EFFORTS IN REGIONS THROUGHOUT THE NORTH PACIFIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Finkel President/executive Direct | OfficerTrustee | 20 | $0 |
Katherine Holler Treasurer, Secretary | OfficerTrustee | 4 | $0 |
Ivan Thompson Vice President | OfficerTrustee | 1 | $0 |
Guido R Rahr III Director | Trustee | 1 | $0 |
Andrew Beldin Director | Trustee | 1 | $0 |
Sara Laborde Director | Trustee | 1 | $0 |
Financial Statements
| 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 | $1,157,258 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,157,258 |
| Total Program Service Revenue | $9,553 |
| Investment income | $155,301 |
| 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 | $1,322,112 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $892,265 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $116,362 |
| Compensation of current officers, directors, key employees. | $116,362 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,815 |
| Pension plan accruals and contributions | $593 |
| Other employee benefits | $876 |
| Payroll taxes | $12,239 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,630 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $40,863 |
| Fees for services: Other | $2,335 |
| Advertising and promotion | $0 |
| Office expenses | $419 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $5,900 |
| 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 | $11,537 |
| Total functional expenses | $1,094,834 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,379,688 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $3,035,569 |
| 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 | $8,822,355 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $13,237,612 |
| Accounts payable and accrued expenses | $18,867 |
| 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 | $18,867 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $13,218,745 |
| 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 | $13,237,612 |
Grants Awarded
Over the last fiscal year, The Stronghold Fund has awarded $512,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Portland, OR PURPOSE: Public education and outreach to generate support for wilderness and land protection. | $412,500 |
Anchorage, AK PURPOSE: Public education and outreach to generate support for wilderness and land protection. | $100,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Stronghold Fund has recieved totaling $50,000.
| Awarding Organization | Amount |
|---|---|
M&c Somewhere Foundation Ripton, VT PURPOSE: GENERAL FUND | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
California Trout San Francisco, CA | $11,384,181 | $17,085,987 |
International Pacific Halibut Commission Seattle, WA | $4,799,211 | $12,243,404 |
The Freshwater Trust Portland, OR | $7,203,840 | $12,158,372 |
Wild Salmon Center Portland, OR | $9,026,255 | $7,988,741 |
Hood Canal Slmon Enhancement Group Belfair, WA | $9,920,019 | $3,797,812 |
Qweti Neah Bay, WA | $367,312 | $27,000 |
Long Live The Kings Seattle, WA | $1,927,571 | $2,809,391 |
Wild Fish Conservancy Duvall, WA | $567,213 | $2,096,581 |
Skagit Fisheries Enhancement Group Mount Vernon, WA | $599,949 | $2,107,853 |
Nooksack Salmon Enhancement Association Bellingham, WA | $4,975,514 | $2,471,140 |
South Puget Sound Salmon Enhancement Group Olympia, WA | $985,633 | $2,017,493 |
Lower Columbia Fish Enhancement Vancouver, WA | $463,509 | $1,394,000 |