Mario & Alma Pastega Family Foundation
- Assets
- $18.1m
- Revenue
- $2.4m
- Investments
- $17.5m
- Employees
- 0
- Location
- Corvallis, OR
- Founding
- 02/1998
- Data as of
- 12/2021
- EIN
- 93-1232789
Organization Overview
Mario & Alma Pastega Family Foundation is located in Corvallis, 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mario & Alma Pastega Family 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 12/2021, Mario & Alma Pastega Family Foundation generated $2.4m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 51.9% each year . All expenses for the organization totaled $1.0m during the year ending 12/2021. While expenses have increased by 1.2% per year over the past 4 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 2020, Mario & Alma Pastega Family Foundation has awarded 194 individual grants totaling $1,816,286. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Pastega President | 3 | $0 | |
Lisa Pastega Altig Director | 0 | $0 | |
Dennis Pastega Director | 0 | $0 | |
Kenneth Pastega Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $381,090 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,043,270 |
| Capital Gain Net Income | $2,043,270 |
| Net ST Capital Gain | $0 |
| Income Modifications | $6,000 |
| Profit on Inventory Sales | $0 |
| Other Income | $6,000 |
| Total Revenue | $2,432,360 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $1,990 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $54,102 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $8,675 |
| Total operating and administrative expenses | $163,100 |
| Contributions, gifts, grants paid | $878,636 |
| Total expenses and disbursements | $1,041,736 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,293 |
| Savings and temporary cash investments | $381,932 |
| 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 | $242,688 |
| Other assets | $0 |
| Total assets | $18,113,739 |
| 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, Mario & Alma Pastega Family Foundation has awarded $878,636 in support to 97 organizations.
| Grant Recipient | Amount |
|---|---|
GOOD SAMARITAN HOSPITAL FOUNDATION PURPOSE: RADIATION ACCELERATOR | $235,000 |
OSU FOUNDATION PURPOSE: 2021 GRANT TO COLLEGE OF FORESTRY, COLLEGE OF BUSINESS, COLLEGE OF EARTH, OCEAN AND ATMOSPHERIC SCIENCES, COLLEGE OF EDUCATION, COLLEGE OF VETERINAY MEDICINE | $100,000 |
GOOD SAMARITAN HOSPITAL FOUNDATION PURPOSE: MARIO PASTEGA HOUSE ENDOWMENT | $50,000 |
WESTERN OREGON UNIVERSITY PURPOSE: SCHOLARSHIPS | $35,000 |
Corvallis, OR PURPOSE: MARIO AND ALMA PASTEGA PROFESSIONAL DEVELOPMENT ENDOWMENT | $20,000 |
Philomath, OR PURPOSE: 2021 GRANT | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wilburforce Foundation Seattle, WA | $159,747,435 | $25,133,506 |
Mimi And Peter Haas Fund San Francisco, CA | $0 | $22,825,724 |
William K Bowes Jr Foundation San Francisco, CA | $0 | $15,233,813 |
Collins Foundation Portland, OR | $249,591,840 | $5,256,313 |
Walter And Elise Haas Fund San Francisco, CA | $290,773,419 | $45,613,238 |
Lisa And Douglas Goldman Fund San Francisco, CA | $314,443,125 | $25,968,602 |
Wood-Claeyssens Foundation Santa Barbara, CA | $112,450,224 | $19,490,467 |
Islands Foundation Richland, WA | $219,157,832 | $26,464,404 |
Oscar T And Olivann Hokoldfoundation Lakewood, WA | $0 | $15,898,165 |
The Saban Family Foundation Los Angeles, CA | $4,126,107 | $4,076,196 |
California Winegrowers Foundation Napa, CA | $3,681,527 | $16,676,626 |
Multi-Union Security Trust Fund Glendale, CA | $14,944,884 | $16,888,135 |