Oregon Coast Community College Foundation
- Assets
- $1.3m
- Revenue
- $373.0k
- Investments
- $366.6k
- Employees
- 0
- Location
- Newport, OR
- Founding
- 10/2000
- Data as of
- 06/2020
- EIN
- 93-1290953
Organization Overview
Oregon Coast Community College Foundation is located in Newport, OR. The organization was established in 2000. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oregon Coast Community College 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 06/2020, Oregon Coast Community College Foundation generated $373.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $255.0k during the year ending 06/2020. While expenses have increased by 8.4% per year over the past 6 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE PRIMARY PURPOSE OF THE FOUNDATION IS TO ADVANCE AND PROMOTE THE INTERESTS AND DEVELOPMENT OF THE OREGON OF THE OREGON COAST COMMUNITY COLLEGE, ITS STUDENTS, FACULTY, AND THE COMMUNITY IT SERVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIP AWARDS TO QUALIFIED STUDENTS
SCHOLARSHIP AWARDS TO QUALIFIED STUDENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Hanrahan Past President | OfficerTrustee | 2 | $0 |
David Bigelow Treasurer | OfficerTrustee | 2 | $0 |
Adam Springer President | OfficerTrustee | 2 | $0 |
Nancy Osterlund Board Of Education Liasion | Trustee | 2 | $0 |
Chris Boyle Member | Trustee | 1 | $0 |
Anette Mulee Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $345,235 |
| Investment income | $6,475 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$1,028 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $373,002 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $98,811 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $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 | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $19,978 |
| Advertising and promotion | $2,486 |
| Office expenses | $1,839 |
| Information technology | $6,353 |
| 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 | $2,784 |
| All other expenses | $0 |
| Total functional expenses | $254,973 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $144,545 |
| Savings and temporary cash investments | $433,095 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $339,742 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $366,597 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,283,979 |
| Accounts payable and accrued expenses | $35,245 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $35,245 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $1,248,734 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Oregon Coast Community College Foundation has recieved totaling $77,823.
| Awarding Organization | Amount |
|---|---|
Bob Richardson Memorial Trust Milwaukee, WI PURPOSE: SCHOLARSHIPS | $62,250 |
Eminger Stewart Foundation Milwaukee, WI PURPOSE: SCHOLARSHIPS | $6,500 |
Leo Adler Community Fdn Tr 2429000-01 Portland, OR PURPOSE: GENERAL SUPPORT | $4,000 |
Olive Bridge Fund Inc New York, NY PURPOSE: FOR THE DONEE ORGANIZATION'S CHARITABLE USE | $2,500 |
Joann Hamilton Memorial Fund 97320110 Milwaukee, WI PURPOSE: SCHOLARSHIPS | $2,450 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $123 |
Endowment Analysis
| Beg. Balance | $358,127 |
| Earnings | $8,470 |
| Ending Balance | $366,597 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
System Management Group San Diego, CA | $174,665,064 | $68,599,184 |
Salesforce Com Foundation San Francisco, CA | $419,674,142 | $105,083,193 |
Foundation For Grossmont And Cuyamaca Colleges El Cajon, CA | $30,579,750 | $41,100,641 |
Archival Foundation Beverly Hills, CA | $70,496,412 | $21,253,596 |
Provenance Duarte, CA | $16,793,106 | $20,000,682 |
Spark Sf Public Schools San Francisco, CA | $15,254,604 | $27,199,561 |
Great Public Schools Now Los Angeles, CA | $20,013,399 | $15,067,311 |
College Success Foundation Bellevue, WA | $13,905,715 | $16,300,539 |
Gladstone Foundation San Francisco, CA | $27,923,141 | $22,078,581 |
George Lucas Educational Foundation San Rafael, CA | $6,425,809 | $14,665,129 |
The Parasol Tahoe Community Foundation Inc Incline Village, NV | $97,913,034 | $15,633,796 |
Davidson Institute For Talent Development Incline Village, NV | $2,040,449 | $8,109,259 |