Evenstad Family Foundation
- Assets
- $6.5m
- Revenue
- $1.8m
- Investments
- $6.3m
- Employees
- 0
- Location
- Dayton, OR
- Founding
- 08/2001
- Data as of
- 12/2021
- EIN
- 41-1990118
Organization Overview
Evenstad Family Foundation is located in Dayton, OR. The organization was established in 2001. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Evenstad Family 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 12/2021, Evenstad Family Foundation generated $1.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 42.5% each year . All expenses for the organization totaled $582.8k during the year ending 12/2021. While expenses have increased by 5.9% per year over the past 7 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.
Since 2015, Evenstad Family Foundation has awarded 35 individual grants totaling $13,424,639. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark B Evenstad Director | 1 | $0 | |
Grace B Evenstad Pres/sec/treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $100,000 |
| Interest on Savings | $52,166 |
| Dividends & Interest | $91,105 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,584,469 |
| Capital Gain Net Income | $1,584,469 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,827,740 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $810 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $14,340 |
| Total operating and administrative expenses | $32,801 |
| Contributions, gifts, grants paid | $550,000 |
| Total expenses and disbursements | $582,801 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,559 |
| Savings and temporary cash investments | $230,834 |
| 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 | $6,516,141 |
| 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, Evenstad Family Foundation has awarded $550,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
NEVADA CARES PURPOSE: RESEARCHING AND SPREADING OUTREACH AND EDUCATION ON VIOLENCE. A RESOURCE FOR STUDENTS, FACULTY, AND STAFF ACROSS THE UNR CAMPUS. | $500,000 |
Washington, DC PURPOSE: BUILDING AN AMERICA WHERE FREEDOM, OPPORTUNITY, PROSPERITY, AND CIVIL SOCIETY FLOURISH. | $25,000 |
Naples, FL PURPOSE: TO CONNECT PEOPLE WITH PLANTS BY CONSERVING AND RESEARCHING THE BIOLOGICAL DIVERSITY OF OUR COLLECTIONS AND ECOSYSTEMS; ENGAGING OUR VISITORS IN LEARNING ABOUT PLANTS; AND INSPIRING OUR VISITORS TO VALUE PLANTS, GARDENS AND NATURAL HABITATS. | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Meyer Memorial Trust Portland, OR | $1,007,586,458 | $95,771,293 |
The California Wellness Foundation Los Angeles, CA | $1,249,668,748 | $96,883,603 |
Ford Family Foundation Roseburg, OR | $1,245,594,204 | $103,438,214 |
Visa Foundation San Francisco, CA | $452,119,857 | $75,228,376 |
Pisces Foundation San Francisco, CA | $36,685,219 | $40,456,155 |
Thrive Causemetics Foundation Bellevue, WA | $5,555,942 | $8,797,196 |
The Leonard And Sophie Davis Fund San Francisco, CA | $227,558,478 | $35,284,803 |
Micron Technology Foundation Inc Boise, ID | $125,043,825 | $15,658,941 |
Ray And Dagmar Dolby Family Fund San Francisco, CA | $0 | $8,022,175 |
Kalmanovitz Charitable Foundation Mill Valley, CA | $9,993,294 | $9,957,898 |
Fenwick Community Fund Mountain View, CA | $8,526,987 | $12,836,931 |
Colburn Music Fund Los Angeles, CA | $0 | $7,150,369 |