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Nonprofiteer
← JOSEPH B VANDERVELDEN FOUNDATION

Form 990 for tax year 2022

Filed by JOSEPH B VANDERVELDEN FOUNDATION.

Totals

Total revenue
$188,226
Total expenses
$135,046
Contributions and grants received
$0
Grants paid
$106,385
Program service revenue
$0
Investment income
$188,226
Other revenue
$0
Total assets, end of year
$4,252,839
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$4,252,839
Program services expenses (Part IX)
$106,385
Management and general expenses
$28,661
Fundraising expenses
$0
Program service expenses (Part III)
$106,385

Program services were 78.8% 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.

  • 3 · Investment income

    total $243,107 · excluded $243,107

  • 7a · Gross sales of assets other than inventory

    securities $955,312

  • 7b · Less cost or other basis and sales expenses

    securities $1,010,193

  • 7c · Gain or loss

    securities -$54,881

  • 7d · Net gain or loss

    total -$54,881 · related or exempt -$54,881

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $106,385 · program services $106,385

  • 5 · Compensation of officers, directors and key employees

    total $12,000 · management and general $12,000

  • 11c · Fees: accounting

    total $3,555 · management and general $3,555

  • 23 · Insurance

    total $854 · management and general $854

  • 24a · Other expenses: INVESTMENT EXPENSES

    total $9,866 · management and general $9,866

  • 24b · Other expenses: FOREIGN TAXES

    total $1,136 · management and general $1,136

  • 24c · Other expenses: STATE INCOME TAXES

    total $785 · management and general $785

  • 24d · Other expenses: MEETING EXPENSE

    total $415 · management and general $415

  • 24e · All other expenses

    total $50 · management and general $50

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $216,351 · end of year $353,691

  • 2 · Savings and temporary cash investments

    beginning of year $115,869 · end of year $269,799

  • 9 · Prepaid expenses and deferred charges

    beginning of year $8,541

  • 11 · Investments: publicly traded securities

    beginning of year $4,508,299 · end of year $3,629,349

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $4,849,060 · end of year $4,252,839

Mission and programs · 2022

Mission

PROVIDE FUNDS FOR STUDENT SCHOLARSHIPS AT PACIFIC UNIVERSITY IN FOREST GROVE, OR.

Activities or mission (Part I)

PROVIDE FUNDS FOR STUDENT SCHOLARSHIPS AT PACIFIC UNIVERSITY(FOREST GROVE, OR).

  • FUNDED $106,385 FOR PACIFIC UNIVERSITY SCHOLARSHIPS

    Expenses $106,385 · Grants $106,385

As filed on the 2022 return.

Listed in Part VII

  • Cathy Keathley

    VICE PRESIDENT

    Total calculated
    $3,000
    From this org
    $3,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Charmaine Krout

    TREASURER

    Total calculated
    $3,000
    From this org
    $3,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • George Vandehey

    PRESIDENT

    Total calculated
    $3,000
    From this org
    $3,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Jan Strickland

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Lani Vandehey

    TRUSTEE

    Total calculated
    $3,000
    From this org
    $3,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

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
25 May 2023
IRS schema version
2022v5.0
Source object
202311599349301266

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