EIN 35-6028362

The Portland Foundation

IRS 501(c) type
501(c)(3)
Num. employees
4
City
Portland
State
Year formed
1951
Most recent tax filings
2022-12-01
Description
The Portland Foundation enhances the quality of life for the people of Jay County, Indiana now and for generations to come by building community endowment. It administers approximately 100 separate scholarship trusts established for the provision of student scholarships in and around Jay County, Indiana. The foundation ensures specific guidelines established by each scholarship trust are followed.
Total revenues
$680,512
2022
Total expenses
$955,706
2022
Total assets
$22,364,186
2022
Num. employees
4
2022

Program areas at The Portland Foundation

The Portland Foundation administers approximately 100 separate scholarship trusts established for The provision of student scholarships in and around jay county Indiana. The Foundation ensures specific guidelines established by each scholarship trust are followed in awarding scholarships to better The community. Enhance The quality of life for The people of jay county, Indiana, now and for generations to come, by building community endowment.

Grants made by The Portland Foundation

GranteeGrant descriptionAmount
Arts PlaceEnhance the Quality of Life for the People of Jay County, Indiana, Now and for Generations To Come, By Building Community Endowment$0
Jay-Randolph Developmental ServicesEnhance the Quality of Life for the People of Jay County, Indiana, Now and for Generations To Come, By Building Community Endowment$0
Jay County Historical Society IncorporatedEnhance the Quality of Life for the People of Jay County, Indiana, Now and for Generations To Come, By Building Community Endowment$0
...and 3 more grants made

Personnel at The Portland Foundation

NameTitleCompensation
Douglas L InmanExecutive Director$73,725
Tammy HanlinPresident$0
Krista MuhlenkampSecretary and Treasurer$0
Jeremy GulleyVice President$0
Rob PenrodSecretary and Treasurer / Director$0
...and 3 more key personnel

Financials for The Portland Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$65,775
Program services$0
Investment income and dividends$614,737
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$680,512

Form 990s for The Portland Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-08-21990View PDF
2021-122022-08-19990View PDF
2020-122021-10-22990View PDF
2019-122021-02-19990View PDF
2018-122019-10-30990View PDF
...and 9 more Form 990s
Data update history
October 4, 2023
Posted financials
Added Form 990 for fiscal year 2022
October 4, 2023
Updated personnel
Identified 2 new personnel
August 22, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 27, 2023
Posted financials
Added Form 990 for fiscal year 2020
June 27, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
EducationCommunity improvement
Characteristics
Operates donor advised fundsProvides grantsState / local levelEndowed supportProvides scholarshipsTax deductible donations
General information
Address
107 S Meridian St
Portland, IN 47371
County
Jay County, IN
Website URL
portlandfoundation.org/index.php 
Phone
(260) 726-4260
IRS details
EIN
35-6028362
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1951
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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