Totals
- Total revenue
- $6,429,423
- Total expenses
- $3,679,015
- Contributions and grants received
- $2,669,085
- Grants paid
- $1,081,950
- Program service revenue
- $21,840
- Investment income
- $2,785,905
- Other revenue
- $952,593
- Total assets, end of year
- $41,590,298
- Total liabilities, end of year
- $3,396,154
- Net assets or fund balances, end of year
- $38,194,144
- Program services expenses (Part IX)
- $3,184,643
- Management and general expenses
- $451,530
- Fundraising expenses
- $42,842
- Program service expenses (Part III)
- $3,184,643
Program services were 86.6% 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.
-
1c · Fundraising events
$87,855
-
1f · All other contributions, gifts and grants
$2,581,230
-
1g · Noncash contributions included above
$34,264
-
2a · Program service revenue: MISCELLANEOUS REVENUE
total $8,399 · excluded $8,399
-
2b · Program service revenue: SALE OF MERCHANDISE
total $13,441 · excluded $13,441
-
3 · Investment income
total $1,329,529 · related or exempt $1,320,073 · excluded $9,456
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7a · Gross sales of assets other than inventory
securities $16,330,347
-
7b · Less cost or other basis and sales expenses
securities $14,873,971
-
7c · Gain or loss
securities $1,456,376
-
7d · Net gain or loss
total $1,456,376 · related or exempt $1,456,376
-
8a · Fundraising events: gross income
$35,067
-
8a · Fundraising events: contributions included on line 1c
$87,855
-
8b · Fundraising events: direct expenses
$74,181
-
8c · Net income from fundraising events
total -$39,114 · excluded -$39,114
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: PARTNERSHIP GAIN
total $97,256 · unrelated business $97,256
-
11b · Other revenue: PARTNERSHIP INCOME (LOSS)
total $894,451 · unrelated business $894,451
-
11e · Other revenue, total
$991,707
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $1,081,950 · program services $1,081,950
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $345,037 · program services $124,366 · management and general $177,829 · fundraising $42,842
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $1,327 · management and general $1,327
-
11c · Fees: accounting
total $36,655 · management and general $36,655
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $73,728 · program services $73,728
-
11g · Fees: other
total $8,614 · management and general $8,614
-
12 · Advertising and promotion
total $9,611 · management and general $9,611
-
13 · Office expenses
total $28,245 · management and general $28,245
-
14 · Information technology
total $69,195 · management and general $69,195
-
15 · Royalties
total $0
-
16 · Occupancy
total $19,454 · management and general $19,454
-
17 · Travel
total $61,466 · management and general $61,466
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $9,506 · program services $4,998 · management and general $4,508
-
24a · Other expenses: ACADEMICS, ATHLETICS, STUDENT
total $727,915 · program services $727,915
-
24b · Other expenses: CAPITAL EXPENDITURES
total $603,772 · program services $603,772
-
24c · Other expenses: GENERAL UNIVERSITY SUPPORT
total $323,054 · program services $323,054
-
24d · Other expenses: OTHER PROGRAM SERVICES
total $244,860 · program services $244,860
-
24e · All other expenses
total $34,626 · management and general $34,626
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,240 · end of year $43,695
-
2 · Savings and temporary cash investments
beginning of year $2,879,640 · end of year $3,828,988
-
3 · Pledges and grants receivable
beginning of year $2,940,425 · end of year $1,423,283
-
4 · Accounts receivable
beginning of year $3,975 · end of year $2,741
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $52,589 · end of year $55,698
-
10a · Land, buildings and equipment: cost or other basis
$205,000
-
10c · Land, buildings and equipment, net
beginning of year $205,000 · end of year $205,000
-
11 · Investments: publicly traded securities
beginning of year $24,824,238 · end of year $28,520,792
-
12 · Investments: other securities
beginning of year $6,895,592 · end of year $6,631,105
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $156,901 · end of year $878,996
-
17 · Accounts payable and accrued expenses
beginning of year $180,548 · end of year $1,360,253
-
21 · Escrow or custodial account liability
beginning of year $1,137,279 · end of year $1,518,018
-
25 · Other liabilities
beginning of year $511,528 · end of year $517,883
-
27 · Net assets without donor restrictions
beginning of year $12,047,220 · end of year $13,048,892
-
28 · Net assets with donor restrictions
beginning of year $24,083,025 · end of year $25,145,252
Mission and programs · 2022
Mission
THE MISSION OF THE OREGON TECH FOUNDATION IS TO PROMOTE EDUCATIONAL, CULTURAL, CHARITABLE, AND SERVICE FUNCTIONS OF THE OREGON INSTITUTE OF TECHNOLOGY.
-
TO PROVIDE SCHOLARSHIPS TO STUDENTS OF OREGON INSTITUTE OF TECHNOLOGY. STUDENTS RECEIVED SCHOLARSHIPS BASED ON MERIT, NEED AND OTHER FACTORS.
Expenses $1,081,950 · Grants $1,081,950
-
OTHER PROGRAM SERVICES
Expenses $771,006
-
ACADEMICS, ATHLETICS AND STUDENT ACTIVITIES
Expenses $727,915
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
ALAN POLASKI
President
- Total calculated
- $0
- Hours/week
- 0
-
CHRISTINE MANGAN
Vice President
- Total calculated
- $0
- Hours/week
- 0
-
DON JOHNSON
Treasurer
- Total calculated
- $0
- Hours/week
- 0
-
JIM BLAIR
Secretary
- Total calculated
- $0
- Hours/week
- 0
-
DEE THOMPSON
PAST PRESIDENT
- Total calculated
- $0
- Hours/week
- 0
-
JIM HACKETT
Chairman
- Total calculated
- $0
- Hours/week
- 0
-
DONALD A BOYD
Chairman
- Total calculated
- $0
- Hours/week
- 0
-
ROBERT NEATHAMER
Director
- Total calculated
- $0
- Hours/week
- 0
-
JAMES DEHOOG
Director
- Total calculated
- $0
- Hours/week
- 0
-
ANN CAVANAUGH
Director
- Total calculated
- $0
- Hours/week
- 0
-
SARAH DAMMEN
Director
- Total calculated
- $0
- Hours/week
- 0
-
BILL DEWITT
Director
- Total calculated
- $0
- Hours/week
- 0
-
JAMES MONROE
Director
- Total calculated
- $0
- Hours/week
- 0
-
PARKE BLUNDON
Director
- Total calculated
- $0
- Hours/week
- 0
-
TIM QUINCY
Director
- Total calculated
- $0
- Hours/week
- 0
-
JON EKSTROM
Director
- Total calculated
- $0
- Hours/week
- 0
-
BOB KINGZETT
Director
- Total calculated
- $0
- Hours/week
- 0
-
DAN WITHERS
Director
- Total calculated
- $0
- Hours/week
- 0
-
ANNETTE COLE
Director
- Total calculated
- $0
- Hours/week
- 0
-
DONALD YOUNG
Director
- Total calculated
- $0
- Hours/week
- 0
-
GERALD FRESCHI
Director
- Total calculated
- $0
- Hours/week
- 0
-
STEVEN HYDE
Director
- Total calculated
- $0
- Hours/week
- 0
-
DARREL SAMUELS
Director
- Total calculated
- $0
- Hours/week
- 0
-
DOUG PRATT
Director
- Total calculated
- $0
- Hours/week
- 0
-
RICK WHITLOCK
Director
- Total calculated
- $0
- Hours/week
- 0
-
ALAN PARKS
Director
- Total calculated
- $0
- Hours/week
- 0
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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202343199349311429
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.