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Oregon Newspapers Foundation Inc

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

EIN: 930699926 ✦ Lake oswego, OR ✦ Designated as a 501(c)(3)

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Overview

What is Oregon Newspapers Foundation Inc?

Oregon Newspapers Foundation Inc is a dedicated nonprofit organization that champions journalism education. They offer direct scholarships to individuals and journalism departments, and develop educational programs to further this cause. Their efforts have led to an impressive number of editorial entries, with 2,199 in 2013-2014, 1,820 in 2014-2015, 1,685 in 2015-2016, 1,977 in 2017-2018, 1,424 in 2018-2019, and 1,475 in the most recent year, 2021-2022. By supporting journalism education, Oregon Newspapers Foundation Inc plays a vital role in fostering the growth and development of the journalism community in Oregon.


Official website here: www.orenews.com/web/foundation

What are the reviews and ratings of this charity?

Charity Navigator Rating: 83%, Three-Star out of Four Star rating.

The Oregon Newspapers Foundation Inc has received a solid rating of 83%, which reflects its strong focus on accountability and finance. The organization boasts an impressive score for having an entirely independent board, which indicates effective governance. Additionally, it maintains a high program expense ratio of 89.71%, suggesting that a significant portion of its expenditures goes directly to its mission-related activities.

Strengths highlighted in the review include the lack of material diversion of assets and the presence of essential governance policies, such as a conflict of interest policy. However, there are some areas of concern, notably the absence of a whistleblower policy and a document retention and destruction policy. These missing components could pose potential risks to the organization's transparency and accountability in the long run.

Overall, while the Oregon Newspapers Foundation Inc demonstrates strong financial practices and governance, it would benefit from addressing the identified gaps in its policies. The executive director's salary of $103,241 appears reasonable in the context of the organization's overall financial health.


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

Is Oregon Newspapers Foundation Inc legitimate?

Oregon Newspapers Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oregon Newspapers Foundation Inc submitted a form 990EZ, 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.


Official website here: www.orenews.com/web/foundation

What is the mission statement of Oregon Newspapers Foundation Inc?

The Oregon Newspapers Foundation Inc, in its mission, focuses on promoting journalism education. It achieves this by providing direct scholarships to individuals or journalism departments and developing educational programs. The organization has consistently supported journalism education through various initiatives, with 2,199 editorial entries in 2013-2014, 1,820 in 2014-2015, 1,685 in 2015-2016, 1,977 in 2017-2018, 1,424 in 2018-2019, and most recently, 1,475 entries in 2021-2022. The foundation's primary objective is to uphold the importance of journalism education and contribute to its growth.


Official website here: www.orenews.com/web/foundation

Who is the CEO of Oregon Newspapers Foundation Inc?

Laurie Hieb is the Executive Director of Oregon Newspapers Foundation Inc.


Official website here: www.orenews.com/web/foundation

What is the revenue of Oregon Newspapers Foundation Inc?

Oregon Newspapers Foundation Inc's revenue in 2022 was $64,131.


Official website here: www.orenews.com/web/foundation

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


Here are 6 key members and their salaries:


Lyndon Zaitz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Therese Bottomly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julianne H Newton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James R Walker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Maher (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laurie Hieb (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.orenews.com/web/foundation

Where can I find the form 990EZ for Oregon Newspapers Foundation Inc?

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


Official website here: www.orenews.com/web/foundation

Learn more at the official website: www.orenews.com/web/foundation

Mission Statement of Oregon Newspapers Foundation Inc

Oregon Newspapers Foundation Inc is dedicated to fostering journalism education. They achieve this mission by providing direct scholarships to individuals or journalism departments, and by creating educational programs. The organization has a history of encouraging participation in editorial contests, with notable entries counted in thousands from various years. The 2013-2014 period saw 2,199 entries, followed by 1,820 in 2014-2015, 1,685 in 2015-2016, a surge to 1,977 in 2017-2018, a slight dip to 1,424 in 2018-2019, and a recent increase to 1,475 entries in 2021-2022. This foundation's primary objective is to support the growth and development of aspiring journalists and journalism programs.

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Impact




August, 2024

Oregon Newspapers Foundation Inc's impact is significant in promoting journalism education through direct scholarships to individuals or journalism departments and by creating educational programs. Their competitions have seen a steady participation over the years, with thousands of editorial entries submitted annually. By supporting journalism education in this manner, the foundation is helping to nurture the next generation of journalists and media professionals.




This information is meant to be a general summary of Oregon Newspapers Foundation Inc. 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
$64,131 (2022)
Expenses
$62,131 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $31,109
  • Program Service Revenue: $8,557
  • Gross Receipts: $64,131

Assets and Liabilities:

  • Total Assets: $452,356
  • Total Liabilities: $0
  • Net Assets: $452,356

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Organization Details

Principal Officer

Laurie Hieb

Main Address

400 2ND ST 100, LAKE OSWEGO, OR, 97034

NTEE Category

Code: A33J - Arts

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