Overview
What is The Portage Foundation?
The Portage Foundation is a charitable organization situated in Kent, Ohio. Established by local donors and governed by a board of private citizens, its mission is to foster a prosperous and vibrant community in Portage County. The foundation supports various causes with funding priorities in eight key areas: animal welfare, arts and culture, children's programs, education, environment, economic development, health, and human services. In 2022, grants were provided to non-profit organizations in Northeast Ohio with programs targeting Portage County residents, with support for local food banks, foster children, and arts programming being notable recipients. Additionally, The Portage Foundation awarded $77,750 in scholarships to high school and college students that year. Acting as a bridge between donors and charitable activities, the foundation inspires philanthropy, builds endowments, impacts causes, and supports projects within the Portage County community.
Official website here: www.portagefoundation.org
Is The Portage Foundation legitimate?
The Portage Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Portage 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: $84,810
Professional Fundraising Fees: $0
Other Salaries and Wages: $25,815
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Official website here: www.portagefoundation.org
What is the mission statement of The Portage Foundation?
The Portage Foundation's mission is centered around building a thriving and dynamic community. Acting as a bridge between donors and charitable activities, the organization strives to inspire philanthropy, build endowments, impact causes, and foster projects. Their funding priorities span eight key areas, including animal welfare, arts and culture, children's programs, education, environment, economic development, health, and human services. In 2022, they provided grants to non-profit organizations in Northeast Ohio with programs targeting Portage County residents, with support for local food banks, foster children, and arts programming being among the top recipients. Furthermore, they offered scholarships to high school and college students in the area in the same year.
Official website here: www.portagefoundation.org
What is the revenue of The Portage Foundation?
The Portage Foundation's revenue in 2023 was $691,132.
Official website here: www.portagefoundation.org
Who are the executives of The Portage Foundation and what are their salaries?
The average compensation at The Portage Foundation during 2023 was $55,312. There are 2 employees and 20 volunteers at The Portage Foundation.
Here are 17 key members and their salaries:
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Official website here: www.portagefoundation.org
Where can I find the form 990 for The Portage Foundation?
The Portage Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.portagefoundation.org
Learn more at the official website: www.portagefoundation.org
Mission Statement of The Portage Foundation
The Portage Foundation, a charitable organization established by and for a community of individuals, is dedicated to building a thriving and dynamic community in its mission. Acting as a bridge between donors and charitable activities, this nonprofit strives to inspire philanthropy, build endowments, impact causes, and foster projects. Its mission is to contribute to the betterment of various sectors within the community, including animal welfare, arts and culture, children's programs, education, environment, economic development, health, and human services.
The Portage Foundation is supported by local donors and is governed by a board of private citizens who work towards the greater good of the community. With funding priorities in eight key areas, this nonprofit provides grants to non-profit organizations in northeast Ohio with programs targeting Portage County residents. In 2022, the foundation supported local food banks, foster children, and arts programming, among other initiatives, highlighting its commitment to improving the lives of its community members. Additionally, The Portage Foundation awarded scholarships to area high school and college students, furthering its mission of fostering development and progress within its community.
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Impact
October, 2024
The Portage Foundation significantly enhances the community of Portage County by acting as a bridge between donors and charitable initiatives. It inspires philanthropy and facilitates the allocation of funds to various causes that directly impact the well-being of residents. In 2022 alone, the foundation provided $122,947 in grants to support non-profit organizations, focusing on crucial areas such as food security, support for foster children, and arts programming.
Moreover, The Portage Foundation champions education by offering scholarships, allocating $77,750 to high school and college students in the same year. By prioritizing diverse areas, including animal welfare, arts and culture, education, and human services, the foundation fosters a dynamic community environment that addresses the multifaceted needs of its residents. Its governance by local citizens further ensures that the initiatives are aligned with the community’s values and aspirations, creating a lasting positive impact.
This information is meant to be a general summary of The Portage 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 2023.
- Investment Income: $162,240
- Gross Receipts: $4,319,905
Assets and Liabilities:
- Total Assets: $6,528,359
- Total Liabilities: $1,362,090
- Net Assets: $5,166,269
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Organization Details
Founding Year
1975
Principal Officer
Janice Simmons-Mortimer
Website
www.portagefoundation.orgNTEE Category
Code: T31 - Philanthropy
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