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Nonprofiteer
← PORTLAND STATE UNIVERSITY FOUNDATION

Form 990 for tax year 2023

Filed by PORTLAND STATE UNIVERSITY FOUNDATION.

Totals

Total revenue
$40,787,290
Total expenses
$27,584,467
Contributions and grants received
$29,707,105
Grants paid
$17,700,319
Program service revenue
not reported
Investment income
not reported
Other revenue
not reported
Total assets, end of year
not reported
Total liabilities, end of year
not reported
Net assets or fund balances, end of year
not reported
Program services expenses (Part IX)
$18,568,601
Management and general expenses
$3,400,290
Fundraising expenses
$5,615,576
Program service expenses (Part III)
$18,568,601

Program services were 67.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • SARAH SCHWARZ

    PRESIDENT & CEO

    Total calculated
    $442,218
    From this org
    $391,103
    From related orgs
    $0
    Other
    $51,115
    Hours/week
    40 + 0.25 related

    Schedule J breakdown matched by us

    Base
    $338,450
    Bonus
    $51,750
    Other
    $903
    Deferred
    $37,290
    Nontaxable benefits
    $13,825
    Filer's total
    $442,218

  • STACEY HENRIQUEZ

    CHIEF FINANCIAL & ADMIN OFFICER

    Total calculated
    $237,513
    From this org
    $204,846
    From related orgs
    $0
    Other
    $32,667
    Hours/week
    40 + 0.25 related

    Schedule J breakdown matched by us

    Base
    $193,458
    Bonus
    $9,765
    Other
    $1,623
    Deferred
    $24,608
    Nontaxable benefits
    $8,059
    Filer's total
    $237,513

  • CATHERINE SOULAGES VP

    OF ENGAGEMENT AND COMMUNICATIONS

    Total calculated
    $200,010
    From this org
    $171,278
    From related orgs
    $0
    Other
    $28,732
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $161,518
    Bonus
    $8,240
    Other
    $1,520
    Deferred
    $20,765
    Nontaxable benefits
    $7,967
    Filer's total
    $200,010

  • BRIAN HESS

    VICE PRESIDENT OF DEVELOPMENT

    Total calculated
    $197,908
    From this org
    $176,682
    From related orgs
    $0
    Other
    $21,226
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $92,848
    Bonus
    $0
    Other
    $83,834
    Deferred
    $10,728
    Nontaxable benefits
    $10,498
    Filer's total
    $197,908

  • JAYMEE JACOBY ASSOCIATE

    VICE PRESIDENT FOR DEVELOPMENT

    Total calculated
    $192,150
    From this org
    $152,754
    From related orgs
    $0
    Other
    $39,396
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $144,474
    Bonus
    $7,750
    Other
    $530
    Deferred
    $18,642
    Nontaxable benefits
    $20,754
    Filer's total
    $192,150

  • KARIN TRUMBO SENIOR

    PHILANTHROPIC ADVISOR

    Total calculated
    $165,875
    From this org
    $133,148
    From related orgs
    $0
    Other
    $32,727
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $128,064
    Bonus
    $3,892
    Other
    $1,192
    Deferred
    $16,192
    Nontaxable benefits
    $16,535
    Filer's total
    $165,875

  • MICHELLE JENSON SENIOR

    DIRECTOR OF FINANCE & ACCOUNTING

    Total calculated
    $165,797
    From this org
    $129,241
    From related orgs
    $0
    Other
    $36,556
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $122,766
    Bonus
    $6,158
    Other
    $317
    Deferred
    $15,814
    Nontaxable benefits
    $20,742
    Filer's total
    $165,797

  • TERI WINGARD DIRECTOR

    OF DATA MANAGEMENT & IT SERVICES

    Total calculated
    $155,598
    From this org
    $131,625
    From related orgs
    $0
    Other
    $23,973
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $125,977
    Bonus
    $3,889
    Other
    $1,759
    Deferred
    $16,179
    Nontaxable benefits
    $7,794
    Filer's total
    $155,598

  • MELISSA ANN MIGUEL SENIOR

    DIRECTOR OF PEOPLE & CULTURE

    Total calculated
    $149,090
    From this org
    $114,067
    From related orgs
    $0
    Other
    $35,023
    Hours/week
    40

  • AL BARKOULI

    CHAIR

    Total calculated
    $0
    Hours/week
    1 + 0.02 related

  • SAMMI PAHLOW

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1 + 0.02 related

  • JON OWENS

    TREASURER

    Total calculated
    $0
    Hours/week
    1 + 0.02 related

  • MARCIA MASON

    SECRETARY

    Total calculated
    $0
    Hours/week
    1 + 0.02 related

  • TINA ADAMS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 0.02 related

  • HERMANN COLAS JR

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • ANN CUDD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • SAFAA EL-MANSY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • TOM FINK

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • EILEEN FRACK

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • JARED HOLUM

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • CARY JACKSON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 0.02 related

  • ED JOHNSON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 0.02 related

  • TOM KEELER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • KRISTEN KERN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • CHRISTOPHER LIDDLE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • ROSS LIENHART

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • JOE MCFERRIN II

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 0.02 related

  • BARRY MILLER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • CHRISTINE NICKERSON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 0.02 related

  • CORRIE OLIVA

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • STEVE PETRUZELLI

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • MIKE RICHARDSON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • TRACI ROSSI

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • VERA SELL

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • RICHARD SOLOMON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 0.02 related

  • ALICE WIEWEL

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • KEREN BROWN WILSON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 0.02 related

  • HELEN YING

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • CHARLENE ZIDELL

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 0.02 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

  • 1a · Health or social club dues or initiation fees
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment

Answered no

  • 1b · Written policy on the line-1a expenses
  • 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)

PART I, LINE 1A
SOCIAL CLUB FEES TOTALING $5,169 WERE PAID ON BEHALF OF SARAH SCHWARZ, PRESIDENT & CEO, IN THE CALENDAR YEAR. THE AMOUNT IS REPORTED ON SCHEDULE J, PART II, COL B (III).
PART I, LINE 4A
BRIAN HESS, FORMER VICE PRESIDENT OF DEVELOPMENT, RECEIVED A SEVERANCE PAYMENT OF $83,395.

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

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.

  • 2828 CORBETT INC

    501(C)(2) · PROPERTY MANAGEMENT · OR · controlled entity

    Directly controlled by PORTLAND STATE UNIVERSITY FOUNDATION

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • BROADWAY HOUSING LLC

    HOUSING · OR · income $0 · assets $0

    Directly controlled by PORTLAND STATE UNIVERSITY FOUNDATION

  • PSU IMPACT VENTURES LLC

    INVESTMENT · OR · income $0 · assets $129,740

    Directly controlled by PORTLAND STATE UNIVERSITY FOUNDATION

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • PERPETUAL INCOME TRUST (1)

    PERPETUAL INCOME TRUST · OR

    Directly controlled by PORTLAND STATE UNIVERSITY FOUNDATION

Provenance

Return type
form_990
Tax year
2023
Filed
24 March 2025
IRS schema version
2023v6.0
Source object
202500859349300645

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