Overview
What is Oregon Airshow Charitable Foundation?
The Oregon Airshow Charitable Foundation is a nonprofit organization based in Lake Oswego, Oregon. Their primary mission is to promote and financially support aviation career education, offering scholarships and other assistance to students studying STEM-based curricula who are in need within the Pacific Northwest. Additionally, the foundation provides financial aid for aviation activities to worthy philanthropic organizations. Their single program service is to support O-ACE (Oregon Aerospace Careers for Everyone), which focuses on Hillsboro School District and served 47 students, including 18 BIPOC males and 5 females, during the 2021-22 school year. The foundation's activities include marketing the program, organizing it, and offering assistance to ensure its sustainability.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 50%, One-Star out of Four Star rating.
The Oregon Airshow Charitable Foundation has received a low rating of 50% from Charity Navigator, indicating significant concerns regarding its accountability and financial health. While the organization boasts 100% independent board members and adheres to various governance policies such as conflict of interest and whistleblower policies, it suffers from notable deficiencies. The absence of a document retention policy and failure to post necessary tax documents on its website have contributed to a lack of transparency.
Financially, the foundation has a low program expense ratio of 39.11%, suggesting that a considerable portion of its resources may not be directed towards its charitable programs. Additionally, the liabilities to assets ratio of 0.00% raises questions about financial stability, although it indicates that the organization does not currently have outstanding liabilities. Overall, while there are strengths in governance, the lack of financial transparency and effective program funding poses limitations on its operations.
This AI summary has been generated from information found on Charity Navigator.
Is Oregon Airshow Charitable Foundation legitimate?
Oregon Airshow Charitable Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oregon Airshow Charitable 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 Airshow Charitable Foundation?
The Oregon Airshow Charitable Foundation's mission is centered around promoting and funding aviation career education. They achieve this by providing scholarships and other forms of support to students studying STEM-based curriculum who are in need, particularly in the Pacific Northwest region. Additionally, the foundation offers financial assistance for aviation activities to worthy philanthropic organizations. The organization's primary program involves supporting O-ACE (Oregon Aerospace Careers for Everyone) financially and organizationally, with a focus on the Hillsboro School District, serving 47 students, including 18 BIPOC males and 5 females, during the 2021-22 school year. The first graduating class is expected in 2024.
Who is the CEO of Oregon Airshow Charitable Foundation?
William Gaar is the President of Oregon Airshow Charitable Foundation.
What is the revenue of Oregon Airshow Charitable Foundation?
Oregon Airshow Charitable Foundation's revenue in 2022 was $23,242.
Who are the executives of Oregon Airshow Charitable Foundation and what are their salaries?
There 6 volunteers at Oregon Airshow Charitable Foundation.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Oregon Airshow Charitable Foundation?
Oregon Airshow Charitable Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Oregon Airshow Charitable Foundation
The Oregon Airshow Charitable Foundation, in its mission, aims to promote and financially support aviation career education in the Pacific Northwest. This is achieved through grant distribution, scholarships, and other forms of assistance to students pursuing STEM-based curricula who are in need. The organization also extends financial aid to worthy philanthropic organizations involved in aviation activities.
In essence, the Oregon Airshow Charitable Foundation is dedicated to fostering aviation careers among students in the Pacific Northwest. It accomplishes this by providing financial assistance, thus alleviating financial barriers that may hinder these students' educational pursuits. Moreover, the foundation extends its support to aviation-focused philanthropic organizations, thereby contributing to the broader aviation community.
One of the primary ways the Oregon Airshow Charitable Foundation carries out its mission is by supporting O-ACE (Oregon Aerospace Careers for Everyone). This program, which serves students within the Hillsboro School District, is focused on providing aviation career education. In the 2021-22 school year, this initiative served 47 students, with 18 being BIPOC male and 5 being female students. The first graduating class is anticipated in 2024, demonstrating the foundation's long-term commitment to aviation education and career development.
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Impact
August, 2024
The Oregon Airshow Charitable Foundation's impact is evident in its commitment to promoting and funding aviation career education. Through grants, scholarships, and other support, the foundation helps students studying STEM-based curriculum who are in need in the Pacific Northwest. Additionally, the foundation provides financial support for aviation activities to worthy philanthropic organizations. One of the foundation's key programs, O-ACE (Oregon Aerospace Careers for Everyone), serves students within the Hillsboro School District, with a focus on increasing diversity in the aviation industry. With a mission to support education and foster opportunities in aviation, the foundation plays a vital role in shaping the future of aviation professionals in the region.
This information is meant to be a general summary of Oregon Airshow Charitable 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: $22,242
- Gross Receipts: $32,285
Assets and Liabilities:
- Total Assets: $228,186
- Total Liabilities: $0
- Net Assets: $228,186
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Organization Details
Founding Year
2016
Phone
(503) 620-8900Principal Officer
William Gaar
Main Address
CO 5300 MEADOWS RD 200, LAKE OSWEGO, OR, 97035
NTEE Category
Code: B82 - Education
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