Yarg Foundation
- Assets
- $28.2m
- Revenue
- $2.2m
- Investments
- $27.5m
- Employees
- 0
- Location
- Portland, OR
- Founding
- 02/2012
- Data as of
- 12/2020
- EIN
- 36-4708840
Organization Overview
Yarg Foundation is located in Portland, OR. The organization was established in 2012. 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. Yarg 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 12/2020, Yarg Foundation generated $2.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (15.7%) each year. All expenses for the organization totaled $4.1m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Yarg Foundation has awarded 69 individual grants totaling $11,665,179. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristin Walrod Executive Director | 20 | $54,960 | |
Nicholas Walrod Secretary And Treasurer | 5 | $0 | |
Laurie Mootz Director | 2 | $0 | |
Jack Gray Chair | 2 | $0 | |
Travis Gearhart Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $150,187 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,907,722 |
| Capital Gain Net Income | $1,907,722 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $114,091 |
| Total Revenue | $2,172,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $2,200 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $417,298 |
| Total operating and administrative expenses | $653,706 |
| Contributions, gifts, grants paid | $3,494,580 |
| Total expenses and disbursements | $4,148,286 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $230,762 |
| 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 | $25,010,288 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $500,000 |
| Total assets | $28,199,879 |
| 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, Yarg Foundation has awarded $2,942,140 in support to 37 organizations.
| Grant Recipient | Amount |
|---|---|
LAND TRUST ALLIANCE PURPOSE: LAND TRUST INITIATIVE | $569,640 |
Portland, OR PURPOSE: FOCUS AREA:CIVIC ENGAGEMENT - LEADERSHIP | $300,000 |
SOUTH LANE SCHOOL DISTRICT PURPOSE: EARLY LEARNING CENTER RENOVATION | $220,000 |
Portland, OR PURPOSE: LAND TRUST INITIATIVE | $150,000 |
OREGON VALUES AND BELIEFS CENTER PURPOSE: FOCUS AREA:CIVIC ENGAGEMENT | $125,000 |
Portland, OR PURPOSE: COVID / COMMUNITY NEED | $115,000 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Yarg Foundation has recieved totaling $73,715.
| Awarding Organization | Amount |
|---|---|
James F And Marion L Miller Foundation Portland, OR PURPOSE: ROGUE VALLEY RELIEF FUND WILDFIRE AID 2020 | $30,000 |
James F And Marion L Miller Foundation Portland, OR PURPOSE: SINCE TIME IMMEMORIAL WILDFIRE AID 2020 | $25,000 |
Lora L & Martin N Kelley Family Foundation Trust Oakland, CA PURPOSE: ROGUE VALLEY RELIEF FUND FOR WILDFIRE RELIEF AND RECOVERY IN SOUTHER OREGON | $5,000 |
Lora L & Martin N Kelley Family Foundation Trust Oakland, CA PURPOSE: SINCE TIME IMMEMORIAL FUND FOR WILDFIRE RELIEF AND RECOVERY IN TRIBAL COMMUNITIES. | $5,000 |
The Mericos Foundation South Pasadena, CA PURPOSE: THE CHUUSH FUND: WATER FOR WARM SPRINGS | $5,000 |
Mason Trust 1017200 Milwaukee, WI PURPOSE: GENERAL OPERATING | $3,715 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wilburforce Foundation Seattle, WA | $159,747,435 | $25,133,506 |
Mimi And Peter Haas Fund San Francisco, CA | $0 | $22,825,724 |
William K Bowes Jr Foundation San Francisco, CA | $0 | $15,233,813 |
Collins Foundation Portland, OR | $249,591,840 | $5,256,313 |
Walter And Elise Haas Fund San Francisco, CA | $290,773,419 | $45,613,238 |
Lisa And Douglas Goldman Fund San Francisco, CA | $314,443,125 | $25,968,602 |
Wood-Claeyssens Foundation Santa Barbara, CA | $112,450,224 | $19,490,467 |
Islands Foundation Richland, WA | $219,157,832 | $26,464,404 |
Oscar T And Olivann Hokoldfoundation Lakewood, WA | $0 | $15,898,165 |
The Saban Family Foundation Los Angeles, CA | $4,126,107 | $4,076,196 |
California Winegrowers Foundation Napa, CA | $3,681,527 | $16,676,626 |
Multi-Union Security Trust Fund Glendale, CA | $14,944,884 | $16,888,135 |