Program areas at The Marguerite Foundation
Direct charitable activities consisted solely of providing homes at reduced rental rates to teachers and their families, in order to keep qualified teachers in The area. All direct expenses were rental expenses such as: utilities, property taxes, insurance, repairs, etc. And direct asset purchases related to The homes.
Rental loss related to renting properties below market value to teachers and their families. The loss is The total of rents received less rental expenses, including depreciation on The rental properties as reported on page one. Renting properties to teachers at reduced rates, in order to keep teachers in The area, is The sole purpose of The Foundation.
Personnel at The Marguerite Foundation
| Name | Title | Compensation | Date of data |
|---|
| Jeanne Becker | Director | $9,000 | 2023-05-15 |
Financials for The Marguerite Foundation
| Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
|---|
| Total grants, contributions, etc. | $12,108 | $0 | 999% |
| Investment income and dividends | $21,750 | $20,093 | 8.2% |
| Net rental income | $-58,933 | $-116,978 | 49.6% |
| Net gain from sale of non-inventory assets | $-63,513 | $47,545 | -233.6% |
| Gross sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $40,312 | $139,186 | -71% |
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Data update history
October 21, 2021
Posted financials
Added Form 990PF for fiscal year 2019
September 27, 2021
Used new vendors
Identified 1 new vendor, including
November 24, 2019
Posted financials
Added Form 990PF for fiscal year 2018
October 11, 2018
Posted financials
Added Form 990PF for fiscal year 2017
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsNo full-time employees
General information
- Address
- PO Box 280
- Lake Oswego, OR 97034
- Metro area
- Portland-Vancouver-Hillsboro, OR-WA
- County
- Clackamas County, OR
- Phone
- (503) 266-1243
IRS details
- EIN
- 20-5634407
- Fiscal year end
- December
- Taxreturn type
- Form 990-PF
- Year formed
- 2007
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- T20: Private Foundations
- NAICS code, primary
- 813211: Grantmaking Foundations
- Parent/child status
- Independent
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