2024-10-24T10:15:42-04:00 2023-12-31 043587095 ESTEP BURKEY SIMMONS LLC PO BOX 42 MUNCIE IN 473080042 990 2023-01-01 352019497 THE PORTLAND FOUNDATION INC PORT 2607264260 107 S MERIDIAN ST PORTLAND IN 47371 DOUGLAS INMAN EXECUTIVE DIRECTOR 2607264260 2024-10-18 true false THOMAS A ROBERTS P00997867 7652847554 2024-10-21 2023 2024-10-15 13:58:12Z DOUGLAS INMAN 107 S MERIDIAN ST PORTLAND IN 47371 6485938 false X X 1997 IN ENHANCE THE QUALITY OF LIFE FOR THE PEOPLE OF JAY COUNTY, INDIANA, NOW AND FOR GENERATIONS TO COME, BY BUILDING COMMUNITY ENDOWMENT, EFFECTING SIGNIFICANT IMPACT THROUGH GRANTMAKING AND PROVIDING LEADERSHIP ON KEY COMMUNITY ISSUES. 9 9 3 0 530272 2690863 0 511734 1035971 0 1042006 3726834 1042006 840383 0 103458 118881 0 9730 134560 146545 1280024 1105809 -238018 2621025 19224400 24422136 928057 973492 18296343 23448644 X ENHANCE THE QUALITY OF LIFE FOR THE PEOPLE OF JAY COUNTY, INDIANA, NOW AND FOR GENERATIONS TO COME, BY BUILDING COMMUNITY ENDOWMENT, EFFECTING SIGNIFICANT IMPACT THROUGH GRANTMAKING AND PROVIDING LEADERSHIP ON KEY COMMUNITY ISSUES. false false 1010870 840383 THE PORTLAND FOUNDATION ADMINISTERS APPROXIMATELY 100 SEPARATE SCHOLARSHIP TRUSTS ESTABLISHED FOR THE PROVISION OF STUDENT SCHOLARSHIPS IN AND AROUND JAY COUNTY, INDIANA. THE FOUNDATION ALSO ADMINISTERS GRANTS TO ENHANCE THE QUALITY OF LIFE FOR THE PEOPLE OF JAY COUNTY, INDIANA. 1010870 true true false false false true false false false true false true false false true true false true false false false false false false false false false true true false false false false false false false false false true false false false false false false false false true 0 0 3 false false false false false false true false false false false false false false false false false false false X 9 9 false false false false false false false true true false false true true true true true true true false false IN X X X THE ORGANIZATION 2607264260 107 S MERIDIAN ST PORTLAND IN 47371 DOUGLAS INMAN EXECUTIVE DI 40.00 40.00 X X 55633 78867 7000 JOSHUA ATKINSON DIRECTOR 1.00 1.00 X 0 0 0 JEREMY GULLEY PRESIDENT 1.00 1.00 X X 0 0 0 KALEB HEMMELGARN VICE PRESIDE 1.00 1.00 X X 0 0 0 ADAM HOMAN DIRECTOR 1.00 1.00 X 0 0 0 RICHARD HUFFMAN DIRECTOR 1.00 1.00 X 0 0 0 AUDREY MUHLENKAMP DIRECTOR 1.00 1.00 X 0 0 0 KRISTA MUHLENKAMP SECRETARY/TR 1.00 1.00 X X 0 0 0 ANGELA PAXSON DIRECTOR 1.00 1.00 X 0 0 0 MARK VALENTINE DIRECTOR 1.00 1.00 X 0 0 0 55633 78867 7000 false false false 2690863 1983063 2690863 603623 603623 3191452 2759104 432348 432348 432348 3726834 603623 432348 672000 672000 168383 168383 65633 29421 29421 6791 39349 21555 17794 6444 3129 2898 417 7455 3620 3353 482 4418 4418 94693 94693 1234 1234 5184 5184 30652 13102 17550 738 738 3777 2612 1165 REPAIRS AND MAINTENANCE 4919 2355 2564 DEVELOPMENT 677 677 ANNUAL REPORT 129 129 DUES AND SUBSCRIPTIONS 111 111 13 13 1105809 1010870 85209 9730 6409 1570723 19217991 21631129 1220284 19224400 24422136 928057 973492 928057 973492 X 1010479 -376342 17285864 23824986 18296343 23448644 19224400 24422136 X 2621025 1464032 1112679 -45435 X false true X true false X X X 1 THE PORTLAND FOUNDATION 356028362 8 true 0 0 1 0 true false false false false false false false false false false false false false false true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 17 48591 35003 426435 false false 19217990 2280322 2457596 625082 31226 22079316 23079029 530272 -3466875 877411 47025 19217990 18430189 2369468 3100522 701050 120100 23079029 16439039 493030 2143472 566044 79305 18430189 13696053 920500 2717229 838715 56031 16439036 0.77690 0.22310 false false INVESTMENTS 21631129 F 21631129 AGENCY LIABILITIES 973492 973492 X 4989729 1464032 1464032 3525697 94693 106444 201137 3726834 950107 950107 94693 61009 155702 1105809 SCHEDULE D, PAGE 2, PART V, LINE 4 ENDOWMENTS HELD ARE USED FOR SCHOLARSHIPS AND THE BETTERMENT OF JAY COUNTY, INDIANA. SCHEDULE D, PAGE 3, PART X THE FOUNDATION RECOGNIZES A TAX BENEFIT ONLY IF IT IS MORE LIKELY THAN NOT THE TAX POSITION WOULD BE SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED WILL BE THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE MORE-LIKELY- THAN-NOT TEST, NO TAX BENEFIT WILL BE RECORDED. THE LEGACY FOUNDATION HAS EXAMINED THIS ISSUE AND HAS DETERMINED THERE ARE NO MATERIAL CONTINGENT TAX LIABILITIES. THE FOUNDATION'S FEDERAL AND STATE EXEMPT ORGANIZATION TAX RETURNS FOR 2020, 2021, AND 2022 ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND THE INDIANA DEPARTMENT OF REVENUE. RETURNS ARE GENERALLY SUBJECT TO EXAMINATION FOR THREE YEARS AFTER THEY ARE FILED. SCHEDULE D, PAGE 4, PART XI, LINE 4B AGENCY FUND REVENUE 106,444 SCHEDULE D, PAGE 4, PART XII, LINE 4B AGENCY FUND EXPENSES 61,009 false ARTS PLACE 131 E WALNUT ST PORTLAND IN 47371 351379424 501C3 40217 GENERAL SUPPORT ASBURY UNITED METHODIST CHURCH 204 E ARCH PORTLAND IN 47371 29329 GENERAL SUPPORT IU HEALTH JAY HOSPITAL 500 W VOTAW PORTLAND IN 47371 822736786 501C3 6025 GENERAL SUPPORT JAY COMMUNITY CENTER 115 E WATER ST PORTLAND IN 47371 351263096 501C3 24275 GENERAL SUPPORT JAY COUNTY 4-H COUNCIL PO BOX 501 PORTLAND IN 47371 861484638 501C3 10870 GENERAL SUPPORT JAY COUNTY DRUG PREVENTION COALITIO 100 N MERIDIAN ST PORTLAND IN 47371 822504197 501C3 25000 GENERAL SUPPORT JAY COUNTY FAIR ASSOCIATION PO BOX 328 PORTLAND IN 47371 356053713 501C3 16600 GENERAL SUPPORT JAY COUNTY FOURTH OF JULY COMMITTEE 515 W WALNUT ST PORTLAND IN 47371 260739726 501C3 10000 GENERAL SUPPORT JAY COUNTY JR-SR HIGH SCHOOL FFA 2072 WEST ST SR 67 PORTLAND IN 47371 GOV 13449 GENERAL SUPPORT JAY COUNTY ROBOTICS 126 N MERIDIAN ST PORTLAND IN 47371 352491421 501C3 7000 GENERAL SUPPORT JAY SCHOOL CORPORATION 2072 WEST ST SR 67 PORTLAND IN 47371 GOV 14423 GENERAL SUPPORT JAY-RANDOLPH DEVELOPMENTAL SERVICES 901 E WATER ST PORTLAND IN 47371 351391724 501C3 7473 GENERAL SUPPORT JOHN JAY CENTER FOR LEARNING 101 S MERIDIAN ST PORTLAND IN 47371 352146118 501C3 12166 GENERAL SUPPORT PENNVILLE COMMUNITY CENTER GYM PO BOX 77 PENNVILLE IN 47369 874431337 501C3 17815 GENERAL SUPPORT PRAISES AND PATHWAYS DAYCARE MINIST 2875 E 200 S PORTLAND IN 47371 13014 GENERAL SUPPORT WEST JAY COMMUNITY CENTER 125 HOOVER ST DUNKIRK IN 47336 352087827 501C3 5197 GENERAL SUPPORT 14 2 SCHOLARSHIPS 88 168383 SCHEDULE I, PAGE 1, PART I, LINE 2 WHEN A GRANT IS AWARDED TO A NOT-FOR-PROFIT ORGANIZATION, THE FOUNDATION HAS PROCEDURES IN PLACE TO ENSURE PROPER USAGE OF THE GRANT FUNDS. THE RECIPIENT ORGANIZATION MUST SHOW PROOF OF EXPENDITURE FOR THE PROJECT, AND THEN MUST SIGN A GRANT AGREEMENT, WHEREBY THEY AGREE TO USE THE GRANT FUNDS ONLY FOR THE PROJECT FOR WHICH THE GRANT WAS AWARDED. ONCE THE GRANT FUNDS ARE EXPENDED, THE RECIPIENT ORGANIZATION MUST COMPLETE A WRITTEN FINAL GRANT REPORT, WHICH DETAILS THE USAGE OF THE GRANT FUNDS. FINALLY, THE FOUNDATION CONDUCTS ON-SITE VISITS WITH RECIPIENT ORGANIZATIONS AS A WAY TO FURTHER ENSURE PROPER USAGE OF GRANT FUNDS. X 1 1983063 AVG HIGH/LOW DATE OF GIFT false false false FORM 990 - ORGANIZATION'S MISSION ENHANCE THE QUALITY OF LIFE FOR THE PEOPLE OF JAY COUNTY, INDIANA, NOW AND FOR GENERATIONS TO COME, BY BUILDING COMMUNITY ENDOWMENT, EFFECTING SIGNIFICANT IMPACT THROUGH GRANTMAKING AND PROVIDING LEADERSHIP ON KEY COMMUNITY ISSUES. FORM 990, PAGE 6, PART VI, LINE 11B THE BOARD OF DIRECTORS REVIEW THE TAX RETURN ANNUALLY PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C THE FOUNDATION REQUIRES EACH MEMBER TO COMPLETE AND SIGN A CONFLICT OF INTEREST DISCLOSURE STATEMENT ANNUALLY. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD OF DIRECTORS APPROVES THE ANNUAL SALARY OF THE EXECUTIVE DIRECTOR. THIS IS BASEDON COMPARABILITY, CONTINUATION OF EMPLOYMENT, ETC. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9 AGENCY FUND REVENUE -106,444 AGENCY FUND EXPENSES 61,009 TOTAL -45,435