Herbert A Templeton Foundation
- Assets
- $19.1m
- Revenue
- $582.7k
- Investments
- $17.4m
- Employees
- 0
- Location
- Portland, OR
- Founding
- 08/1957
- Data as of
- 12/2022
- EIN
- 93-0505586
Organization Overview
Herbert A Templeton Foundation is located in Portland, OR. The organization was established in 1957. 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. Herbert A Templeton 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 12/2022, Herbert A Templeton Foundation generated $582.7k 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 (8.4%) each year. All expenses for the organization totaled $1.6m during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION'S ONLY CHARITABLE ACTIVITY WAS MAKING GRANTS TO PUBLIC CHARITIES IN SUPPORT OF THEIR PROGRAMS. SEE ATTACHED LIST OF GRANTEES AND GRANT AMOUNTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christian Richmond President | 10 | $38,000 | |
Terrence R Pancoast Sec/asst Tre | 2 | $0 | |
Linda M Girard Asst Secreta | 2 | $0 | |
Jimme Perkins Treasurer | 2 | $0 | |
Margaret Eickmann Trustee | 2 | $0 | |
Peyton Chapman Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,500 |
| Interest on Savings | $2 |
| Dividends & Interest | $483,531 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $96,633 |
| Capital Gain Net Income | $96,633 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $582,666 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $38,000 |
| Other employee salaries and wages | $25,753 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $61,817 |
| Depreciation | $8,306 |
| Occupancy | $33,249 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $1,314 |
| Other expenses | $1,756 |
| Total operating and administrative expenses | $302,034 |
| Contributions, gifts, grants paid | $1,269,574 |
| Total expenses and disbursements | $1,571,608 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $100 |
| Savings and temporary cash investments | $1,709,126 |
| 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 | $722 |
| Other assets | $0 |
| Total assets | $19,147,003 |
| Accounts payable and accrued expenses | $154,832 |
| 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 | $154,832 |