Palau Foundation For World Evangelism
- Assets
- $2.8m
- Revenue
- $325.2k
- Investments
- $40.4k
- Employees
- 0
- Location
- Beaverton, OR
- Founding
- 11/1992
- Data as of
- 12/2020
- EIN
- 93-1084330
Organization Overview
Palau Foundation For World Evangelism is located in Beaverton, OR. The organization was established in 1992. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Palau Foundation For World Evangelism 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 12/2020, Palau Foundation For World Evangelism generated $325.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.9%) each year. All expenses for the organization totaled $344.7k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (18.7%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Palau Foundation For World Evangelism has awarded 45 individual grants totaling $3,101,759. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT CHRISTIAN ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2020, THE FOUNDATION ISSUED GRANTS TOTALING $330,550 TO DIFFERENT ORGANIZATIONS THAT HAD EVANGELISM AS ONE OF THEIR CORE VALUES. THE FOUNDATION EXISTS TO CREATE AN ENDOWMENT FOR EVANGELISM AND HELP DONORS PARTICPATE IN WORLD EVANGELISM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bud Lindstrand Chairman | OfficerTrustee | 1 | $0 |
Richard E Withnell Vice President | OfficerTrustee | 1 | $0 |
Keith Palau Vice President | OfficerTrustee | 1 | $0 |
David Jones - Exec Director Secretary / Treasurer | Officer | 5 | $0 |
Joan Dehn Director | Trustee | 0.3 | $0 |
Steven Marshman Director | Trustee | 0.3 | $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 | $197,388 |
| Noncash contributions included in lines 1a–1f | $177,100 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $197,388 |
| Total Program Service Revenue | $0 |
| Investment income | $37,790 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $90,024 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $325,202 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $326,050 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $4,500 |
| 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 | $2,171 |
| Fees for services: Accounting | $8,075 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,363 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,622 |
| Information technology | $949 |
| 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 | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $344,730 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $75,399 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $2,229,875 |
| Investments—other securities | $40,403 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $485,891 |
| Total assets | $2,831,568 |
| 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 | $5,000 |
| Other liabilities | $295,492 |
| Total liabilities | $300,492 |
| Net assets without donor restrictions | $2,338,302 |
| Net assets with donor restrictions | $192,774 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $2,831,568 |
Grants Awarded
Over the last fiscal year, Palau Foundation For World Evangelism has awarded $261,200 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
Portland, OR PURPOSE: Evangelistic ministry | $130,000 |
Los Angeles, CA PURPOSE: Evangelistic ministry | $57,000 |
Wilsonville, OR PURPOSE: Support for seminary | $15,000 |
CORNERSTONE CHURCH OF IONE PURPOSE: Church ministry | $12,000 |
Portland, OR PURPOSE: Evangelistic ministry | $10,500 |
Hillsboro, OR PURPOSE: Church ministry | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Palau Foundation For World Evangelism has recieved totaling $100.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: EVANGELISM | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Credit Unions In The State Of Washington Richland, WA | $2,255,622,236 | $118,353,811 |
Community Research Foundation Inc San Diego, CA | $20,745,009 | $77,081,989 |
Independent Order Of Odd Fellows San Jose, CA | $263,514,735 | $67,258,563 |
Compass Health Everett, WA | $49,121,108 | $74,131,042 |
Gallo Employee Benefit Trust Modesto, CA | $5,341,212 | $62,468,490 |
Central City Community Health Center Monterey Park, CA | $37,966,009 | $52,273,838 |
Koret Foundation San Francisco, CA | $515,520,670 | $39,088,314 |
Low Income Housing Institute Seattle, WA | $253,877,593 | $49,435,203 |
South Coast Childrens Society Inc Mission Viejo, CA | $13,233,032 | $36,840,141 |
Partnerships To Uplift Communities Valley Burbank, CA | $45,863,273 | $39,395,312 |
Lake County Tribal Health Consortium Inc Lakeport, CA | $69,377,072 | $39,633,665 |
Baby2baby Los Angeles, CA | $23,910,524 | $31,584,050 |