Clatsop Community College Foundation
- Assets
- $5.8m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 0
- Location
- Astoria, OR
- Founding
- 03/1971
- Data as of
- 06/2021
- EIN
- 23-7100856
Organization Overview
Clatsop Community College Foundation is located in Astoria, OR. The organization was established in 1971. 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. Clatsop Community College 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 06/2021, Clatsop Community College Foundation generated $1.8m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 29.1% each year . All expenses for the organization totaled $361.9k during the year ending 06/2021. While expenses have increased by 4.6% per year over the past 6 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
FOUNDATION PROVIDES SCHOLARSHIPS AND OTHER FINANCIAL SUPPORT TO CLATSOP COMMUNITY COLLEGE AND ITS STUDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION FUNDED STUDENT SCHOLARSHIPS AT CLATSOP COMMUNITY COLLEGE. SCHOLARSHIP FUNDS CAN BE USED FOR TUITION, FEES, BOOKS, SUPPLIES, AND/OR LIVING EXPENSES AS SPECIFIED BY THE DONORS AND THE FOUNDATION BOARD.
THE FOUNDATION PROVIDED FINANCIAL SUPPORT TO CLATSOP COMMUNITY COLLEGE FOR HISTORIC PRESERVATION, METEROLOGY, NURSING, PERFORMING ARTS, PHYSICAL EDUCATION AND GENERAL PROGRAMS. DURING THE YEAR ENDED JUNE 30, 2021, THE FOUNDATION ALSO MADE SMALL GRANTS TO FACULTY MEMBERS AND DISBURSED FUNDS TO/FOR INDIVIDUAL STUDENTS SUFFERING ECONOMIC HARDSHIP DURING THE PANDEMIC SHUTDOWN.
THE FOUNDATION FUNDED STUDENT SCHOLARSHIPS AT CLATSOP COMMUNITY COLLEGE. SCHOLARSHIP FUNDS CAN BE USED FOR TUITION, FEES, BOOKS, SUPPLIES, AND/OR LIVING EXPENSES AS SPECIFIED BY THE DONORS AND THE FOUNDATION BOARD.
THE FOUNDATION PROVIDED FINANCIAL SUPPORT TO CLATSOP COMMUNITY COLLEGE FOR HISTORIC PRESERVATION, METEROLOGY, NURSING, PERFORMING ARTS, PHYSICAL EDUCATION AND GENERAL PROGRAMS. DURING THE YEAR ENDED JUNE 30, 2021, THE FOUNDATION ALSO MADE SMALL GRANTS TO FACULTY MEMBERS AND DISBURSED FUNDS TO/FOR INDIVIDUAL STUDENTS SUFFERING ECONOMIC HARDSHIP DURING THE PANDEMIC SHUTDOWN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jamey Hendricks Treasurer | OfficerTrustee | 2 | $0 |
Cliff Fick Chairman | OfficerTrustee | 2 | $0 |
Katie Watson Secretary | OfficerTrustee | 2 | $0 |
David Oser Vice Chair | OfficerTrustee | 2 | $0 |
Amy Baker Director | Trustee | 1 | $0 |
Jenny Pool Radway Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $53,218 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $591,966 |
| Noncash contributions included in lines 1a–1f | $4,906 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $645,184 |
| Total Program Service Revenue | $0 |
| Investment income | $119,093 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $982,538 |
| Net Income from Fundraising Events | $29,555 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,797,948 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $105,773 |
| Grants and other assistance to domestic individuals. | $138,226 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $65,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $31,548 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $136 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $596 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,413 |
| All other expenses | $611 |
| Total functional expenses | $361,911 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $486,812 |
| Pledges and grants receivable | $0 |
| 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 | $5,308,203 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,795,015 |
| Accounts payable and accrued expenses | $204,071 |
| 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 | $204,071 |
| Net assets without donor restrictions | $527,984 |
| Net assets with donor restrictions | $5,062,960 |
| 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 | $5,795,015 |
Grants Awarded
Over the last fiscal year, Clatsop Community College Foundation has awarded $47,029 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CLATSOP COMMUNITY COLLEGE PURPOSE: Program Support | $37,838 |
Astoria, OR PURPOSE: Program Support | $9,191 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Clatsop Community College Foundation has recieved totaling $272,725.
| Awarding Organization | Amount |
|---|---|
Columbia Lutheran Charities Astoria, OR PURPOSE: NURSING PROGRAM | $80,000 |
Meyer Memorial Trust Portland, OR PURPOSE: TO ESTABLISH THE ALLIANCE FOR EQUITY IN EDUCATION (A4EE), A CULTURALLY-RESPONSIVE STRATEGY FOCUSED ON IMPROVING TRANSITIONS TO COLLEGE BY HOMELESS YOUTH, ENGLISH LANGUAGE LEARNING STUDENTS AND FIRST-GENERATION STUDENTS IN CLATSOP COUNTY | $61,100 |
Meyer Memorial Trust Portland, OR PURPOSE: TO SUPPORT THE ALLIANCE FOR EQUITY IN EDUCATION (A4EE), A CULTURALLY-RESPONSIVE STRATEGY TO IMPROVE TRANSITIONS TO COLLEGE FOR PRIORITY HIGH SCHOOL YOUTH IN CLATSOP COUNTY | $55,000 |
Roundhouse Foundation Irrv Charitable Tr Sisters, OR PURPOSE: CLATSOP COMMUNITY COLLEGE MARITIME SCIENCE AND HISTORIC PRESERVATION PROGRAM SUPPORT | $42,500 |
Cmh Auxiliary Astoria, OR PURPOSE: SCHOLARSHIPS | $10,000 |
Providence Health & Services Oregon Renton, WA PURPOSE: SPONSORSHIP | $10,000 |
Endowment Analysis
| Beg. Balance | $3,864,115 |
| Earnings | $792,410 |
| Net Contributions | $634,347 |
| Grants | $227,912 |
| Ending Balance | $5,062,960 |
Peer Organizations
| 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 |