The Daedalus Foundation Inc
- Assets
- $0.0
- Revenue
- $9.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Portland, OR
- Founding
- 08/1998
- Data as of
- 11/2020
- EIN
- 91-1791698
Organization Overview
The Daedalus Foundation Inc is located in Portland, OR. The organization was established in 1998. 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.
For the year ending 11/2020, Daedalus Foundation Inc generated $9.5k 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 (12.1%) each year. All expenses for the organization totaled $1.6m during the year ending 11/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUNDS PROVIDED TO OREGON COMMUNITY FOUNDATION FOR SUPPORT OF EDUCATION PROGRAMS, AND OREGON CHARITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roger Shaw President | 5 | $0 | |
Dasan Conaway Vice President | 1 | $0 | |
Ian Shaw Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $4,458 |
| Dividends & Interest | $5,061 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $9,519 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| 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 | $0 |
| Total operating and administrative expenses | $11,645 |
| Contributions, gifts, grants paid | $1,630,142 |
| Total expenses and disbursements | $1,641,787 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| 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, The Daedalus Foundation Inc has awarded $1,630,142 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
OREGON COMMUNITY FOUNDATION PURPOSE: PUBLIC BENEFIT | $997,111 |
OREGON COMMUNITY FOUNDATION PURPOSE: PUBLIC BENEFIT | $633,031 |