Eastern Oregon University Foundation
- Assets
- $21.9m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 0
- Location
- La Grande, OR
- Founding
- 01/1964
- Data as of
- 12/2021
- EIN
- 93-6030669
Organization Overview
Eastern Oregon University Foundation is located in La Grande, OR. The organization was established in 1964. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, 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. Eastern Oregon University 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, Eastern Oregon University Foundation generated $2.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $948.1k during the year ending 12/2021. While expenses have increased by 7.1% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
ESTABLISHED IN 1964 FOR THE PHILANTHROPIC BENEFIT OF EASTERN OREGON UNIVERSITY, THE FOUNDATION RAISES FUNDS TO SUPPORT THE MISSION OF EASTERN OREGON UNIVERSITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DIRECT PAYMENT OF SCHOLARSHIPS TO EASTERN OREGON UNIVERSITY STUDENTS
SUPPLIES AND OTHER EVENT COSTS, INCLUDING ALUMNI ACTIVITIES, USED TO ENCOURAGE CHARITABLE GIVING TO THE FOUNDATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marcy Haines Secretary | OfficerTrustee | 1 | $0 |
James Gorham Vice President | OfficerTrustee | 1 | $0 |
Craig Nightingale Treasurer | OfficerTrustee | 2 | $0 |
Mark Pearson President | OfficerTrustee | 2 | $0 |
Dr Pat Nearing Board Member | Trustee | 2 | $0 |
Brent Gunderson Board Member | Trustee | 2 | $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 | $1,002,998 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,002,998 |
| Total Program Service Revenue | $0 |
| Investment income | $588,115 |
| 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 | $1,951,992 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $523,665 |
| 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 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $5,987 |
| 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 | $78,013 |
| Total functional expenses | $948,058 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,077,922 |
| Pledges and grants receivable | $227,810 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $17,561,083 |
| Total assets | $21,866,815 |
| Accounts payable and accrued expenses | $17,206 |
| 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 | $1,798,297 |
| Total liabilities | $1,815,503 |
| Net assets without donor restrictions | $1,560,298 |
| Net assets with donor restrictions | $18,491,014 |
| 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 | $21,866,815 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Eastern Oregon University Foundation has recieved totaling $3,000.
| Awarding Organization | Amount |
|---|---|
Tuw C E & M B Carlson Mem Sch Dallas, TX PURPOSE: SCHOLARSHIPS FOR BOOKS & | $3,000 |
Endowment Analysis
| Beg. Balance | $18,575,883 |
| Earnings | $1,420,489 |
| Admin Expense | $77,070 |
| Net Contributions | $1,002,998 |
| Other Expense | $347,323 |
| Grants | $523,665 |
| Ending Balance | $20,051,312 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Scripps College Claremont, CA | $617,457,507 | $98,616,217 |
California College Of The Arts San Francisco, CA | $203,468,162 | $107,701,190 |
Vanguard University Of So Ca Costa Mesa, CA | $81,753,319 | $83,351,301 |
Harvey Mudd College Claremont, CA | $659,151,438 | $77,731,780 |
The College Of Idaho Inc Caldwell, ID | $172,477,776 | $58,915,354 |
The Masters University And Seminary Santa Clarita, CA | $147,412,644 | $80,766,902 |
William Jessup University Rocklin, CA | $119,510,265 | $60,123,299 |
Pitzer College Claremont, CA | $349,158,922 | $62,327,201 |
Northwest Nazarene University Inc Nampa, ID | $150,539,904 | $62,049,602 |
Northwest University Kirkland, WA | $66,204,859 | $53,966,388 |
Pacific Union College Angwin, CA | $98,736,096 | $48,958,321 |
Menlo College Atherton, CA | $48,235,643 | $52,004,358 |