Oregon Airshow Charitable Foundation
- Assets
- $266.8k
- Revenue
- $7.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Lake Oswego, OR
- Founding
- 03/2019
- Data as of
- 06/2021
- EIN
- 81-3446464
Organization Overview
Oregon Airshow Charitable Foundation is located in Lake Oswego, OR. The organization was established in 2019. 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. Oregon Airshow Charitable 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, Oregon Airshow Charitable Foundation generated $7.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (57.9%) each year.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND FUND AVIATION CAREER EDUCATION THROUGH GRANTS, SCHOLARSHIPS AND OTHER SUPPORT TO STUDENTS STUDYING STEM BASED CURRICULUM WHO ARE IN NEED LOCATED IN THE PACIFIC NORTHWEST AND TO PROVIDE FINANICAL SUPPORT FOR AVIATION ACTIVITIES TO WORTHY PHILANTHROPIC ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OASCF HAS ENTERED INTO A ZERO RENT LEASE WITH THE PORT OF PORTLAND TO PROVIDE CLASSROOM SPACE FOR STUDENTS ENROLLED IN THE HILLSBORO SCHOOL DISTRICT ("HBSD") AREOSPACE PROGRAM REFERRED TO BY OASCF AS OREGON AEROSPACE CAREERS FOR EVERYONE ("O-ACE"). OASCF PROVIDED THE CAPITAL, VOLUNTEERS AND PROJECT MANAGEMENT TO REMODEL THE LEASED SPACE LOCATED AT THE HILLSBORO EXECUTIVE AIRPORT.
O-ACE IS A STEM BASED CURRICULUM THAT IS FOCUSED ON DEVELOPING STUDENTS INTERESTED IN A CAREER IN THE AVIATION INDUSTRY. OASCF, THROUGH O-ACE, HAS PARTNERED WITH HBSD AS WELL AS PORTLAND COMMUNITY COLLEGE TO DEVELOP A CAREER PATH FOR AVIATION ORIENTED STUDENTS BEGINNING IN GRADE SCHOOL AND CULMINATING IN HIGH SCHOOL ELECTIVES THAT COUNT TOWARDS DEGREE CREDIT AT PCC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Gaar President | OfficerTrustee | 1 | $0 |
Ian Pitts Secretary/treasurer | OfficerTrustee | 1 | $0 |
Barry Starkman Vice Chairman | OfficerTrustee | 1 | $0 |
Chris Barber Director | Trustee | 1 | $0 |
Judy Wiley Director | Trustee | 1 | $0 |
Lisa Garcia 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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $3,581 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $4,293 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,874 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| 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 | $1,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,489 |
| Fees for services: Other | $260 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,867 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,093 |
| Insurance | $2,182 |
| All other expenses | $0 |
| Total functional expenses | $10,916 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $80,838 |
| 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 | $15,295 |
| Investments—publicly traded securities | $170,669 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $266,802 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $266,802 |
| Total liabilities and net assets/fund balances | $266,802 |
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|---|---|---|
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The Roddenberry Foundation Sherman Oaks, CA | $90,372,865 | $11,204,960 |
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Bettye Poetz Ferguson Foundation San Francisco, CA | $18,979,772 | $3,373,943 |
Gilead Sciences Foundation Foster City, CA | $126,155,891 | $168,265,797 |
Draper Foundation San Mateo, CA | $195,149,192 | $78,341,825 |
Orange Coast College Foundation Costa Mesa, CA | $45,211,375 | $13,270,788 |
Aim High For High School San Francisco, CA | $16,769,829 | $8,542,802 |
J R Simplot Company Foundation Inc Boise, ID | $71,703,701 | $5,686,010 |
Monarch School Project San Diego, CA | $10,858,774 | $7,145,400 |