Hillsboro Community Foundation Inc

Organization Overview

Hillsboro Community Foundation Inc is located in Hillsboro, OR. The organization was established in 1987. According to its NTEE Classification (T31) the organization is classified as: Community 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. Hillsboro Community Foundation Inc 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, Hillsboro Community Foundation Inc generated $1.7m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 55.5% each year . All expenses for the organization totaled $410.2k during the year ending 06/2021. While expenses have increased by 41.3% per year over the past 5 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 2018, Hillsboro Community Foundation Inc has awarded 72 individual grants totaling $1,390,012. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE HILLSORO COMMUNITY FOUNDATION ENHANCES THE LIVABILITY AND QUALITY OF LIFE IN OUR COMMUNITY BY PROMOTING AND FACILITATING CHARITABLE GIVING TO ADDRESS LOCAL NEEDS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

AWARDED 75 GRANTS TOTALING $293,225 TO NON-PROFIT SOCIAL SERVICE, EDUCATION, ARTS, PARKS AND YOUTH ORGANIZATIONS IN THE COMMUNITY. OF THAT AMOUNT $56,855 IN GRANTS WERE IN DIRECT RESPONSE TO THE COVID-19 CRISIS.


AWARDED SEVEN (7) SCHOLARSHIPS TOTALING $26,454 TO HILLSBORO HIGH SCHOOL GRADUATES FOR HIGHER EDUCATION.


CONDUCTED COMMUNITY OUTREACH TO RAISE AWARENESS ABOUT THE IMPORTANCE OF GIVING BACK WITH FINANCIAL SUPPORT AND BY VOLUNTEERING, AND TO CONNECT PEOPLE WITH CAUSES THEY CARE ABOUT.


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Board, Officers & Key Employees

Name (title)Compensation
Tom Hughes
Chair
$0
Deanna Palm
Immediate Past Chair
$0
Jerry Willey
Treasurer
$0
Mary Ordal
Secretary
$0
Armando Jimenez
Director
$0
Funda Kelsay
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $60,000
All other contributions, gifts, grants, and similar amounts not included above$547,520
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$607,520
Total Program Service Revenue$0
Investment income $1,065,554
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,677,074

Grants Awarded

Over the last fiscal year, Hillsboro Community Foundation Inc has awarded $152,957 in support to 9 organizations.

Grant RecipientAmount

TUALITY HEALTHCARE FOUND

Org PageRecipient Profile

Hillsboro, OR

PURPOSE: Health Care

$50,000

CENTRO CULTURAL DE WA CO

Org PageRecipient Profile

Cornelius, OR

PURPOSE: Esperanza Fund

$25,000

HILLSBORO PARKS & REC

PURPOSE: After School and Art

$15,000

NEIGHBORHOOD HEALTH CLINIC

Org PageRecipient Profile

Portland, OR

PURPOSE: Telehealth for Hillsboro Clinics

$15,000

DOMESTIC VIOLENCE CENTER

Org PageRecipient Profile

Hillsboro, OR

PURPOSE: Upgrade Driveway

$12,462

BOYS & GIRLS CLUB PORTLAND

Org PageRecipient Profile

Portland, OR

PURPOSE: Inukai Family Club

$10,495
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Hillsboro Community Foundation Inc has recieved totaling $119,660.

Awarding OrganizationAmount
Oregon Community Foundation

Portland, OR

PURPOSE: Civic Engagement

$95,054
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$16,581
Silicon Valley Community Foundation

Mountain View, CA

PURPOSE: Community Development

$8,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$25
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$2,908,560
Earnings$1,065,554
Admin Expense$11,478
Net Contributions$352,900
Grants$131,516
Ending Balance$4,184,020

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