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The Stronghold Fund

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

EIN: 205602442 ✦ Portland, OR ✦ Designated as a 501(c)(3)

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Overview

What is The Stronghold Fund?

The Stronghold Fund is a charitable organization based in Portland, Oregon, dedicated to financing long-term watershed conservation initiatives in the North Pacific. They support strategic partnerships in crucial regions, aiming to ensure the health and sustainability of watersheds in the North Pacific. Their mission, established by the Wild Salmon Center, focuses on providing consistent financial backing to both the Wild Salmon Center and its collaborators for the betterment of these essential ecosystems.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97% (Four-Star out of Four Stars)

The Stronghold Fund has achieved a remarkable score of 97% from Charity Navigator, reflecting strong performance in accountability and finance. This high rating indicates a commitment to transparency and efficient use of funds, as shown by their impressive program expense ratio of 84.27%, which suggests that a significant portion of their resources is directed toward their programs.

The organization boasts a fully independent board with 100% of its members meeting the criteria, alongside a robust oversight structure that includes a comprehensive audit committee. In addition, they have established clear policies regarding conflict of interest, whistleblower protection, and document retention, further emphasizing their commitment to ethical governance and accountability.

While the financial metrics are strong, including a low liabilities to assets ratio and an excellent fundraising efficiency ratio of $0.00, the summary does not detail the specific programs or initiatives funded by The Stronghold Fund. This could offer potential donors additional insights into the impact of their contributions. Overall, the organization demonstrates exceptional governance and financial health, making it a trustworthy option for potential supporters.


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

Is The Stronghold Fund legitimate?

The Stronghold Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Stronghold Fund 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: $120,674
Professional Fundraising Fees: $0
Other Salaries and Wages: $35,355

For more financial information, click here

What is the mission statement of The Stronghold Fund?

The Stronghold Fund is committed to backing significant conservation initiatives in the North Pacific region. Through a partnership with the Wild Salmon Center, this fund aims to ensure the long-term financial support for essential preservation efforts in key watersheds across the North Pacific. By providing grants, The Stronghold Fund contributes to the collective efforts of various organizations in protecting and restoring the unique ecosystems in the North Pacific. These investments facilitate sustainable fisheries, habitat restoration, and overall health and resilience of the North Pacific marine environment.

Who is the CEO of The Stronghold Fund?

David Finkel is the President/Executive Director of The Stronghold Fund.

What is the revenue of The Stronghold Fund?

The Stronghold Fund's revenue in 2022 was $1,831,875.

Who are the executives of The Stronghold Fund and what are their salaries?

There 4 volunteers at The Stronghold Fund.


Here are 4 key members and their salaries:


David Finkel (President/Executive Director)
  • Compensation: $0
  • Related: $159,866
  • Other: $41,142
Ivan Thompson (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katherine Holler (Treasurer, Secretary)
  • Compensation: $0
  • Related: $160,466
  • Other: $41,225
Guido R Rahr Iii (Director)
  • Compensation: $0
  • Related: $296,098
  • Other: $38,174
Where can I find the form 990 for The Stronghold Fund?

The Stronghold Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of The Stronghold Fund

The Stronghold Fund, a mission-driven initiative, aims to bolster long-term conservation efforts in the North Pacific. This fund, spearheaded by the Wild Salmon Center (WSC), invests in strategic partnerships to safeguard essential watersheds in the North Pacific region. The Stronghold Fund's commitment to preserving these critical habitats is demonstrated through its financial support to WSC and its collaborators. By providing grants, The Stronghold Fund enables the implementation of effective conservation projects in various North Pacific areas.

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Impact




October, 2024

The Stronghold Fund plays a crucial role in enhancing conservation efforts across the North Pacific. By providing targeted grants, it supports watershed conservation initiatives that are vital for sustaining local ecosystems and the wildlife that depend on them. This funding is instrumental in fostering collaboration between various partners working towards the health and resilience of key watersheds.

Rooted in the mission of the Wild Salmon Center, The Stronghold Fund aims to secure long-term financial backing for conservation projects that protect and restore salmon habitats, ensuring that these vital species continue to thrive. The initiatives supported by the Fund not only benefit fish populations but also contribute to overall biodiversity and the ecological health of the regions they inhabit. Through its impactful work, The Stronghold Fund strengthens environmental stewardship in the North Pacific, creating lasting benefits for both wildlife and local communities.




This information is meant to be a general summary of The Stronghold Fund. 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
$1,831,875 (2022)
Expenses
$1,238,356 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $199,839
  • Program Service Revenue: $8,486
  • Gross Receipts: $2,818,029

Assets and Liabilities:

  • Total Assets: $12,494,451
  • Total Liabilities: $13,550
  • Net Assets: $12,480,901

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Program fees

Revenue

$8,486

Organization Details

Founding Year

2007

Principal Officer

David Finkel

Main Address

721 NW 9th Avenue 300, Portland, OR, 972093446

NTEE Category

Code: D33 - Animals

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