Pacificorp Foundation
- Assets
- $63.5m
- Revenue
- $3.9m
- Investments
- $63.4m
- Employees
- 0
- Location
- Portland, OR
- Founding
- 06/1989
- Data as of
- 12/2021
- EIN
- 94-3089826
Organization Overview
Pacificorp Foundation is located in Portland, OR. The organization was established in 1989. 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. Pacificorp 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, Pacificorp Foundation generated $3.9m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 9.9% each year. All expenses for the organization totaled $2.8m during the year ending 12/2021. While expenses have increased by 5.1% 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stefan A Bird Director & Chair | 0.1 | $492 | |
Ryan R Fuller V.p., Taxation | 0.3 | $187 | |
C Jonathan Cox Vice President | 0.1 | $0 | |
Jeffrey B Erb Secretary | 0 | $0 | |
Nikki L Kobliha Treasurer | 0.1 | $0 | |
Gary W Hoogeveen Director & President | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,028,195 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,866,506 |
| Capital Gain Net Income | $2,866,506 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,894,701 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $679 |
| Other employee salaries and wages | $112,399 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $35,414 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $17 |
| Printing and publications | $0 |
| Other expenses | $36,939 |
| Total operating and administrative expenses | $185,535 |
| Contributions, gifts, grants paid | $2,639,925 |
| Total expenses and disbursements | $2,825,460 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $156,127 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Other assets | $0 |
| Total assets | $63,542,834 |
| Accounts payable and accrued expenses | $14,009 |
| 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 | $14,009 |
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 |