Overview
What is Robert J And Leona Dearmond Public Foundation?
The Robert J. and Leona Dearmond Public Foundation, based in Portland, Oregon, serves as a grant-making entity for The Oregon Community Foundation (OCF). Through their contributions, they help further OCF's mission to enhance the lives of Oregonians by utilizing the power of philanthropy. The Foundation's grants aim to bring positive change to the community by supporting various initiatives that align with OCF's objectives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Star rating)
The Robert J And Leona Dearmond Public Foundation has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in Accountability & Finance. This high score indicates that the foundation has robust financial management practices and transparency in its operations, with a perfect score in several key areas including the independent board composition and financial statements oversight.
The foundation's accountability measures are particularly noteworthy, with 71% of its board members being independent, ensuring objective governance. Additionally, its program expense ratio is impressive at 99.16%, indicating that nearly all funds are directed towards its charitable programs rather than administrative costs. The absence of material diversions of assets and loans to officers further underscores the integrity of its financial practices.
While the organization demonstrates solid financial health and governance, the summary does not highlight any specific programmatic impacts or achievements. This could be a limitation for potential donors seeking to understand the foundation's effectiveness in fulfilling its mission beyond financial metrics. Overall, the Robert J And Leona Dearmond Public Foundation appears to be a reliable choice for those looking to support a well-managed nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Robert J And Leona Dearmond Public Foundation legitimate?
Robert J And Leona Dearmond Public Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Robert J And Leona Dearmond Public 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 Robert J And Leona Dearmond Public Foundation?
The Robert J. and Leona DeArmond Public Foundation supports the mission of The Oregon Community Foundation (OCF) by making grants that enhance the lives of Oregonians through the power of philanthropy. The foundation's grants contribute to OCF's overarching goal of improving lives for all Oregonians. By partnering with OCF, the Robert J. and Leona DeArmond Public Foundation plays a crucial role in harnessing the potential of charitable giving to bring about positive change in the community. The foundation's commitment to OCF's mission reflects its dedication to bettering the lives of Oregonians. The grants made by the foundation augment OCF's efforts to effectuate meaningful improvements in the lives of Oregonians. Through its grantmaking, the Robert J. and Leona DeArmond Public Foundation strengthens the impact of OCF's mission in the community.
Who is the CEO of Robert J And Leona Dearmond Public Foundation?
Unavailable
What is the revenue of Robert J And Leona Dearmond Public Foundation?
Robert J And Leona Dearmond Public Foundation's revenue in 2022 was $18,797,188.
Who are the executives of Robert J And Leona Dearmond Public Foundation and what are their salaries?
There 7 volunteers at Robert J And Leona Dearmond Public Foundation.
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $324,932
- Other: $62,112
- Compensation: $0
- Related: $484,604
- Other: $64,216
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $141,949
- Other: $48,781
Where can I find the form 990 for Robert J And Leona Dearmond Public Foundation?
Robert J And Leona Dearmond Public Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Robert J And Leona Dearmond Public Foundation
The Robert J. and Leona Dearmond Public Foundation is a charitable organization that plays a vital role in supporting the mission of The Oregon Community Foundation (OCF). Established as a grant-making body, this foundation is dedicated to enhancing the lives of Oregonians by contributing funds that align with OCF's overarching goal of improving communities through the power of philanthropy.
In simpler terms, the Robert J. and Leona Dearmond Public Foundation serves as a grantor to further the noble cause of OCF. The organization's commitment is unwavering, as it strives to make a difference in the lives of Oregonians by addressing their unique needs and challenges. By providing financial aid to various initiatives, the foundation helps foster a healthier, more vibrant society for all.
Additionally, the Robert J. and Leona Dearmond Public Foundation's grants contribute to the realization of OCF's mission to better the lives of Oregonians. This partnership between the two organizations underscores the collective impact that can be achieved when individuals and institutions join forces to create positive change in their communities.
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Impact
October, 2024
The Robert J. and Leona DeArmond Public Foundation significantly impacts the lives of Oregonians by providing grants that support various initiatives aligned with the mission of The Oregon Community Foundation (OCF). By leveraging the power of philanthropy, the Foundation helps enhance community well-being, foster social innovation, and address pressing local needs. Its strategic contributions facilitate positive change across the state, empowering individuals and organizations to improve their circumstances and strengthen their communities.
This information is meant to be a general summary of Robert J And Leona Dearmond Public 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$740,257
- Gross Receipts: $23,799,248
Assets and Liabilities:
- Total Assets: $20,418,454
- Total Liabilities: $5,551,549
- Net Assets: $14,866,905
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Organization Details
Founding Year
2009
Phone
(503) 227-6846Main Address
1221 SW Yamhill Street 100, Portland, OR, 972052108
NTEE Category
Code: T122 - Philanthropy
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