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Nonprofiteer
← GRAY FAMILY FOUNDATION

Form 990 for tax year 2022

Filed by GRAY FAMILY FOUNDATION.

Totals

Total revenue
$301,422
Total expenses
$3,739,366
Contributions and grants received
$300,000
Grants paid
$3,211,653
Program service revenue
$0
Investment income
$1,422
Other revenue
$0
Total assets, end of year
$1,083,942
Total liabilities, end of year
$136,333
Net assets or fund balances, end of year
$947,609
Program services expenses (Part IX)
$3,592,634
Management and general expenses
$146,433
Fundraising expenses
$299
Program service expenses (Part III)
$3,592,634

Program services were 96.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $300,000

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $1,422 · excluded $1,422

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $3,211,653 · program services $3,211,653

  • 11d · Fees: lobbying

    total $30,000 · program services $30,000

  • 11g · Fees: other

    total $2,647 · program services $2,647 · management and general $0 · fundraising $0

  • 12 · Advertising and promotion

    total $299 · fundraising $299

  • 13 · Office expenses

    total $13 · management and general $13

  • 14 · Information technology

    total $180 · management and general $180

  • 17 · Travel

    total $18,825 · program services $18,825

  • 19 · Conferences, conventions and meetings

    total $8,101 · program services $8,101

  • 24a · Other expenses: OCF Administrative Fee

    total $448,144 · program services $302,589 · management and general $145,555

  • 24b · Other expenses: Outreach

    total $4,684 · program services $4,684

  • 24c · Other expenses: Dues and Membership

    total $4,780 · program services $4,780

  • 24d · Other expenses: Volunteer Expenses

    total $8,113 · program services $8,113

  • 24e · All other expenses

    total $1,927 · program services $1,242 · management and general $685 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $417,398 · end of year $240,146

  • 4 · Accounts receivable

    beginning of year $184 · end of year $459

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    end of year $34,357

  • 10a · Land, buildings and equipment: cost or other basis

    $0

  • 10b · Land, buildings and equipment: accumulated depreciation

    $0

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 12 · Investments: other securities

    beginning of year $1,066,659 · end of year $808,980

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $121,952 · end of year $136,333

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $0 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $1,362,289 · end of year $947,609

Mission and programs · 2022

Mission

The Gray Family Foundation is a supporting organization of The Oregon Community Foundation (OCF). The Foundation makes grants that further the mission of OCF which is to improve lives for all Oregonians through the power of philanthropy.

Activities or mission (Part I)

The Gray Family Foundation is a supporting organization of The Oregon Community Foundation (OCF). The Foundation makes grants that further the mission of OCF which is to improve life in Oregon and to promote effective philanthropy.

  • The Gray Family Foundation supports efforts to promote civic engagement and build long-term sustainability in our communities by investing in programs that develop environmental and geographic literacy among Oregon students with a particular focus on K-12 grades. In addition, we work with residential camps in Oregon to help ensure 5th and 6th graders have a safe, secure environment to attend outdoor school.

    Expenses $3,592,634 · Grants $3,211,653

As filed on the 2022 return.

Listed in Part VII

  • Corrine Oishi

    Secretary/Treasurer

    Total calculated
    $0
    Hours/week
    1

  • Janet Webster

    Chair

    Total calculated
    $0
    Hours/week
    1

  • Maria Ramos Underwood

    Vice Chair

    Total calculated
    $0
    Hours/week
    1

  • Kristin Walrod

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Les Perkins

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Traci Rossi

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Zavier Borja

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Erica D Daley

    Asst Treasurer/ Asst Secretary

    Total calculated
    $387,044
    From this org
    $0
    From related orgs
    $324,932
    Other
    $62,112
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $323,126 related
    Bonus
    $0
    Other
    $0 + $1,806 related
    Deferred
    $0 + $30,500 related
    Nontaxable benefits
    $0 + $31,612 related
    Filer's total
    $0 + $387,044 related

  • Nancy Bales

    Asst Secretary/ Asst Treasurer

    Total calculated
    $180,152
    From this org
    $0
    From related orgs
    $150,502
    Other
    $29,650
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $149,238 related
    Bonus
    $0
    Other
    $0 + $1,264 related
    Deferred
    $0 + $14,717 related
    Nontaxable benefits
    $0 + $14,933 related
    Filer's total
    $0 + $180,152 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 3 PROCESS FOR DETERMINING COMPENSATION
Compensation for officers and key employees is paid by the related organization. The related organization (OCF) has used independent compensation consultants, Form 990 of other organizations, compensation survey or study, and approval by the board or compensation committee. The Board of Directors sets the salary of OCF's CEO. The Board reviews the CEO's salary annually. In setting the CEO's salary, the Board reviews salaries and benefits of similar positions nationally and locally. Information reviewed includes survey data and Forms 990 of similar organizations. The Board's process and decision regarding CEO's salary is documented in the Board minutes. During 2018, a comprehensive compensation review of the CEO's salary was performed and shared with the Executive Committee of the Board.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
15 November 2023
IRS schema version
2022v5.0
Source object
202303199349326445

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