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Oregon Innovation Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 200072527 ✦ Portland, OR ✦ Designated as a 501(c)(3)

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Overview

What is Oregon Innovation Foundation?

Oregon Innovation Foundation is a nonprofit organization situated in Portland, Oregon, specifically at 3439 NE Sandy Blvd 270. Their mission is to foster and enhance a spirit of innovative problem-solving among the upcoming generation, aiming to address significant issues facing the state. They achieve this by providing fiscal sponsorship for initiatives like Eugenetch, Bitforest, and Pixelarts, which align with their purpose. The organization's activities are centered around igniting and amplifying creative problem-solving skills to tackle the state's major challenges, ultimately empowering future innovators.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 79% (Three-Star out of Four Stars)

The Oregon Innovation Foundation has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. With a score of 79%, the organization demonstrates a commitment to transparency and governance, including a fully independent board and the absence of asset diversion. However, the organization faces challenges, particularly reflected in its liabilities to assets ratio, which significantly impacts its overall financial assessment.

User feedback highlights the foundation's effectiveness in enhancing technology education, particularly through programs like TechStart Education Foundation. Reviewers commend the organization for providing valuable training, resources, and competitions that inspire both educators and students in the field of technology. Many educators express gratitude for the support they received, which has positively influenced their teaching methodologies and student engagement.

Despite the generally positive feedback, some reviews touch upon funding limitations that can impact program delivery. Nonetheless, the strong commitment from board members and volunteers is evident, and there is a clear enthusiasm for the mission of improving technical education in Oregon, which underscores the value of the foundation's ongoing efforts.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

Is Oregon Innovation Foundation legitimate?

Oregon Innovation Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oregon Innovation Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Oregon Innovation Foundation?

The Oregon Innovation Foundation's mission is centered around fostering a culture of innovative problem-solving. This organization aims to inspire and empower the upcoming generation of innovators, equipping them to tackle some of the most prominent challenges that society currently faces. To accomplish this, they offer various support programs, such as fiscal sponsorship for initiatives like Eugenetch, Bitforest, and Pixelarts, which all contribute to furthering their mission.

Who is the CEO of Oregon Innovation Foundation?

Dwayne Johnson is the Chairman of Oregon Innovation Foundation.

What is the revenue of Oregon Innovation Foundation?

Oregon Innovation Foundation's revenue in 2022 was $0.

Who are the executives of Oregon Innovation Foundation and what are their salaries?

There 20 volunteers at Oregon Innovation Foundation.


Here are 4 key members and their salaries:


Dwayne Johnson (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wendy Morgan (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike White (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wilf Penfold (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Oregon Innovation Foundation?

Oregon Innovation Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Oregon Innovation Foundation

Oregon Innovation Foundation, in its mission, aims to foster a culture of innovative problem-solving and empowers the upcoming generation of innovators to tackle some of the significant issues that the state is currently facing. By igniting and amplifying this innovative spirit, the organization seeks to equip the next generation with the necessary tools to make a meaningful impact. This mission is furthered through various support programs, such as fiscal sponsorship of initiatives like Eugenetch, Bitforest, and Pixelarts, all of which align with the organization's objectives.

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Impact




October, 2024

The Oregon Innovation Foundation significantly impacts the state by fostering a culture of creative problem-solving and empowering future innovators. Through various support programs, including fiscal sponsorship of initiatives like Eugenetch, Bitforest, and Pixelarts, the Foundation amplifies efforts to tackle some of the most pressing challenges faced by Oregon. By nurturing talent and encouraging innovative thinking, it drives advancements in science and technology within the community, ultimately contributing to a more resilient and dynamic economy in the region.




This information is meant to be a general summary of Oregon Innovation Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$0 (2022)
Expenses
$4,243 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

    Assets and Liabilities:

    • Total Assets: $1,708
    • Total Liabilities: $21,500
    • Net Assets: -$19,792

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    Organization Details

    Founding Year

    2003

    Principal Officer

    Dwayne Johnson

    Main Address

    3439 NE SANDY BLVD 270, PORTLAND, OR, 97232

    NTEE Category

    Code: U19 - Science research

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