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        <BusinessNameLine1Txt>Olson Reyes &amp; Sauerwein LLC</BusinessNameLine1Txt>
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        <AddressLine1Txt>5161 E Arapahoe Road Suite 100</AddressLine1Txt>
        <CityNm>Centennial</CityNm>
        <StateAbbreviationCd>CO</StateAbbreviationCd>
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        <BusinessNameLine2Txt>TELECOMMUNICATIONS CORPORATION</BusinessNameLine2Txt>
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      <PreparerPersonNm>DEREK WATADA</PreparerPersonNm>
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      <ActivityOrMissionDesc>PORTLAND REGIONAL EDUCATIONAL TELECOMMUNICATIONS CORPORATION (PRETC) IS ORGANIZED AND WILL BE OPERATED EXCLUSIVELY FOR "CHARITABLE, SCIENTIFIC AND EDUCATION AND SOCIAL WELFARE" PURPOSES WITHIN THE MEANING OF SECTIONS 501(C)3 AND 501(C)4, RESPECTIVELY, OR THE INTERNAL REVENUE CODE. TO THIS END, THE NONPROFIT SHALL UNDERTAKE ACTIVITIES TO: Transmit educational programming in the greater Portland area using frequencies regulated by the Federal Communications Commission. PRETC focuses on philanthropic initiatives through the Oregon Raindrop Fund that advance social justice and equity, and that work to bridge the digital divide.</ActivityOrMissionDesc>
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      <MissionDesc>PORTLAND REGIONAL EDUCATIONAL TELECOMMUNICATIONS CORPORATION (PRETC) IS ORGANIZED AND WILL BE OPERATED EXCLUSIVELY FOR "CHARITABLE, SCIENTIFIC AND EDUCATION AND SOCIAL WELFARE" PURPOSES WITHIN THE MEANING OF SECTIONS 501(C)3 AND 501(C)4, RESPECTIVELY, OR THE INTERNAL REVENUE CODE. TO THIS END, THE NONPROFIT SHALL UNDERTAKE ACTIVITIES TO: Transmit educational programming in the greater Portland area using frequencies regulated by the Federal Communications Commission. PRETC focuses on philanthropic initiatives through the Oregon Raindrop Fund that advance social justice and equity, and that work to bridge the digital divide.</MissionDesc>
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        <Desc>DIGITAL DIVIDE INITIATIVE: PRETC relocated management to Oregon and established philanthropic initiatives under the name Oregon Raindrop Fund (ABN #1985537-95; www.oregonraindrop.org). Oregon Raindrop Fund envisions a socially equitable and just world, with an empowered, well-informed public, actively engaged in a thriving democracy. Through the Progress Initiative we provide grants to progressive causes, organizations, and leaders that realize meaningful impacts toward economic and social justice. Grantmaking includes support for fair and just participation in the democratic process. Support for civic engagement efforts focused on voter registration, education, and mobilization. Support to identify, develop, and elect political leaders who are committed to progressive issues. And support for grassroots advocacy and outreach that realizes impacts on a wide range of progressive issues.</Desc>
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      <OccupancyGrp>
        <TotalAmt>4024</TotalAmt>
        <ManagementAndGeneralAmt>4024</ManagementAndGeneralAmt>
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      <TravelGrp>
        <TotalAmt>739</TotalAmt>
        <ProgramServicesAmt>739</ProgramServicesAmt>
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      <PymtTravelEntrtnmntPubOfclGrp>
        <TotalAmt>0</TotalAmt>
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      <ConferencesMeetingsGrp>
        <TotalAmt>0</TotalAmt>
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      <InterestGrp>
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      <PaymentsToAffiliatesGrp>
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      <DepreciationDepletionGrp>
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      <InsuranceGrp>
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        <ManagementAndGeneralAmt>476</ManagementAndGeneralAmt>
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      <OtherExpensesGrp>
        <Desc>LICENSES &amp; PERMITS</Desc>
        <TotalAmt>1193</TotalAmt>
        <ManagementAndGeneralAmt>1193</ManagementAndGeneralAmt>
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      <OtherExpensesGrp>
        <Desc>BANK FEES</Desc>
        <TotalAmt>247</TotalAmt>
        <ManagementAndGeneralAmt>247</ManagementAndGeneralAmt>
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      <AllOtherExpensesGrp>
        <TotalAmt>0</TotalAmt>
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      <TotalFunctionalExpensesGrp>
        <TotalAmt>460560</TotalAmt>
        <ProgramServicesAmt>204126</ProgramServicesAmt>
        <ManagementAndGeneralAmt>256434</ManagementAndGeneralAmt>
        <FundraisingAmt>0</FundraisingAmt>
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      <CashNonInterestBearingGrp>
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        <EOYAmt>316662</EOYAmt>
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      <SavingsAndTempCashInvstGrp>
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        <EOYAmt>149514</EOYAmt>
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      <PledgesAndGrantsReceivableGrp>
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      <AccountsReceivableGrp>
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        <EOYAmt>0</EOYAmt>
      </AccountsReceivableGrp>
      <ReceivablesFromOfficersEtcGrp>
        <EOYAmt>0</EOYAmt>
      </ReceivablesFromOfficersEtcGrp>
      <RcvblFromDisqualifiedPrsnGrp>
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      <OthNotesLoansReceivableNetGrp>
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      <InventoriesForSaleOrUseGrp>
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      <PrepaidExpensesDefrdChargesGrp>
        <EOYAmt>0</EOYAmt>
      </PrepaidExpensesDefrdChargesGrp>
      <LandBldgEquipBasisNetGrp>
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      </LandBldgEquipBasisNetGrp>
      <InvestmentsPubTradedSecGrp>
        <BOYAmt>5564456</BOYAmt>
        <EOYAmt>6374983</EOYAmt>
      </InvestmentsPubTradedSecGrp>
      <InvestmentsOtherSecuritiesGrp>
        <EOYAmt>0</EOYAmt>
      </InvestmentsOtherSecuritiesGrp>
      <InvestmentsProgramRelatedGrp>
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        <EOYAmt>827318</EOYAmt>
      </InvestmentsProgramRelatedGrp>
      <IntangibleAssetsGrp>
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        <EOYAmt>3585</EOYAmt>
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      <TotalAssetsGrp>
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        <EOYAmt>7672062</EOYAmt>
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      <AccountsPayableAccrExpnssGrp>
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        <EOYAmt>21559</EOYAmt>
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      <DeferredRevenueGrp>
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        <EOYAmt>50111</EOYAmt>
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      <TotalLiabilitiesGrp>
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        <EOYAmt>71670</EOYAmt>
      </TotalLiabilitiesGrp>
      <OrganizationFollowsFASB117Ind>X</OrganizationFollowsFASB117Ind>
      <NoDonorRestrictionNetAssetsGrp>
        <BOYAmt>6529137</BOYAmt>
        <EOYAmt>7600392</EOYAmt>
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      <TotalNetAssetsFundBalanceGrp>
        <BOYAmt>6529137</BOYAmt>
        <EOYAmt>7600392</EOYAmt>
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      <TotLiabNetAssetsFundBalanceGrp>
        <BOYAmt>6627276</BOYAmt>
        <EOYAmt>7672062</EOYAmt>
      </TotLiabNetAssetsFundBalanceGrp>
      <InfoInScheduleOPartXIInd>X</InfoInScheduleOPartXIInd>
      <ReconcilationRevenueExpnssAmt>255588</ReconcilationRevenueExpnssAmt>
      <NetUnrlzdGainsLossesInvstAmt>820917</NetUnrlzdGainsLossesInvstAmt>
      <OtherChangesInNetAssetsAmt>-5250</OtherChangesInNetAssetsAmt>
      <MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
      <AccountantCompileOrReviewInd>false</AccountantCompileOrReviewInd>
      <FSAuditedInd>false</FSAuditedInd>
      <FederalGrantAuditRequiredInd>false</FederalGrantAuditRequiredInd>
    </IRS990>
    <IRS990ScheduleC documentId="IRS990ScheduleC" softwareId="23017517" softwareVersionNum="2023v5.1">
      <PoliticalExpendituresAmt>25000</PoliticalExpendituresAmt>
      <InternalFundsContributedAmt>25000</InternalFundsContributedAmt>
      <TotalExemptFunctionExpendAmt>25000</TotalExemptFunctionExpendAmt>
      <Form1120POLFiledInd>true</Form1120POLFiledInd>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Part I-A, Line 1 - Direct and Indirect Political Campaign Activities</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION MAKES GRANTS TO 501(C)3 AND 501(C)4 ORGANIZATIONS. SEVERAL OF THE 501(C)4 ORGANIZATIONS CONDUCT 527 EXEMPT FUNCTION ACTIVITIES.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleC>
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      <TotalBookValueProgramRltdAmt>827318</TotalBookValueProgramRltdAmt>
    </IRS990ScheduleD>
    <IRS990ScheduleI documentId="IRS990ScheduleI" softwareId="23017517" softwareVersionNum="2023v5.1">
      <GrantRecordsMaintainedInd>true</GrantRecordsMaintainedInd>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>ASHLAND CLIMATE COLLABORATIVE</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>1467 SISKIYOU BLVD 2068</AddressLine1Txt>
          <CityNm>ASHLAND</CityNm>
          <StateAbbreviationCd>OR</StateAbbreviationCd>
          <ZIPCd>97520</ZIPCd>
        </USAddress>
        <RecipientEIN>874574705</RecipientEIN>
        <IRCSectionDesc>501C3</IRCSectionDesc>
        <CashGrantAmt>25000</CashGrantAmt>
        <NonCashAssistanceAmt>0</NonCashAssistanceAmt>
        <PurposeOfGrantTxt>CORE SUPPORT</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>COMMUNITY ALLIANCE OF LANE CO</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>458 BLAIR BLVD</AddressLine1Txt>
          <CityNm>EUGENE</CityNm>
          <StateAbbreviationCd>OR</StateAbbreviationCd>
          <ZIPCd>97402</ZIPCd>
        </USAddress>
        <RecipientEIN>930691194</RecipientEIN>
        <IRCSectionDesc>501C3</IRCSectionDesc>
        <CashGrantAmt>25000</CashGrantAmt>
        <NonCashAssistanceAmt>0</NonCashAssistanceAmt>
        <PurposeOfGrantTxt>CORE SUPPORT</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>HERE TOGETHER</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>PO BOX 11510</AddressLine1Txt>
          <CityNm>PORTLAND</CityNm>
          <StateAbbreviationCd>OR</StateAbbreviationCd>
          <ZIPCd>97211</ZIPCd>
        </USAddress>
        <RecipientEIN>830984408</RecipientEIN>
        <IRCSectionDesc>501C3</IRCSectionDesc>
        <CashGrantAmt>25000</CashGrantAmt>
        <NonCashAssistanceAmt>0</NonCashAssistanceAmt>
        <PurposeOfGrantTxt>CORE SUPPORT</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>HUMAN RIGHTS ADVOCATES OF COO</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>PO BOX 1501</AddressLine1Txt>
          <CityNm>COOS BAY</CityNm>
          <StateAbbreviationCd>OR</StateAbbreviationCd>
          <ZIPCd>97420</ZIPCd>
        </USAddress>
        <RecipientEIN>931234707</RecipientEIN>
        <IRCSectionDesc>501C3</IRCSectionDesc>
        <CashGrantAmt>7000</CashGrantAmt>
        <NonCashAssistanceAmt>0</NonCashAssistanceAmt>
        <PurposeOfGrantTxt>CORE SUPPORT</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>LISA ARKINBEYOND TOXICS</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>120 SHELTON MCMURPHY BLVD 280</AddressLine1Txt>
          <CityNm>EUGENE</CityNm>
          <StateAbbreviationCd>OR</StateAbbreviationCd>
          <ZIPCd>97401</ZIPCd>
        </USAddress>
        <RecipientEIN>931294227</RecipientEIN>
        <IRCSectionDesc>501C3</IRCSectionDesc>
        <CashGrantAmt>30000</CashGrantAmt>
        <NonCashAssistanceAmt>0</NonCashAssistanceAmt>
        <PurposeOfGrantTxt>CORE SUPPORT</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>NEXT UP ACTION FUND</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>1001 SE WATER AVE STE 460</AddressLine1Txt>
          <CityNm>PORTLAND</CityNm>
          <StateAbbreviationCd>OR</StateAbbreviationCd>
          <ZIPCd>97214</ZIPCd>
        </USAddress>
        <RecipientEIN>830984408</RecipientEIN>
        <IRCSectionDesc>501C4</IRCSectionDesc>
        <CashGrantAmt>25000</CashGrantAmt>
        <NonCashAssistanceAmt>0</NonCashAssistanceAmt>
        <PurposeOfGrantTxt>CORE SUPPORT</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>SOUTHERN OREGON CLIMATE ACTIO</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>7113 GRIFFIN LANE</AddressLine1Txt>
          <CityNm>JACKSONVILLE</CityNm>
          <StateAbbreviationCd>OR</StateAbbreviationCd>
          <ZIPCd>97530</ZIPCd>
        </USAddress>
        <RecipientEIN>472464086</RecipientEIN>
        <IRCSectionDesc>501C3</IRCSectionDesc>
        <CashGrantAmt>30000</CashGrantAmt>
        <NonCashAssistanceAmt>0</NonCashAssistanceAmt>
        <PurposeOfGrantTxt>CORE SUPPORT</PurposeOfGrantTxt>
      </RecipientTable>
      <Total501c3OrgCnt>7</Total501c3OrgCnt>
      <TotalOtherOrgCnt>8</TotalOtherOrgCnt>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Grantmaker's Description of How Grants are Used</FormAndLineReferenceDesc>
        <ExplanationTxt>IN THE CASE OF APPLICANTS WITH WHOM THE ORGANIZATION HAS A FORMAL GRANT AGREEMENT, THE AGREEMENT OUTLINES WHEN THE PAYMENTS ARE TO BE MADE AND USUALLY REQUIRES THE GRANTEE TO SUBMIT A REPORT, IN DETAIL, EXPLAINING HOW THE USED THE FUNDS IN A NARRATIVE OF THEIR WORK. THE REPORTS ARE THEM REVIEWED BY ONE OR MORE STAFF MEMBERS. IF THERE IS ANY DISCREPANCY, THE FINAL PAYMENT WOULD NOT BE MADE UNTIL THE PROGRAM HAS BEEN CORRECTED.</ExplanationTxt>
      </SupplementalInformationDetail>
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      <SupplementalNonqualRtrPlanInd>false</SupplementalNonqualRtrPlanInd>
      <EquityBasedCompArrngmInd>false</EquityBasedCompArrngmInd>
      <CompBasedOnRevenueOfFlngOrgInd>false</CompBasedOnRevenueOfFlngOrgInd>
      <CompBsdOnRevRelatedOrgsInd>false</CompBsdOnRevRelatedOrgsInd>
      <CompBsdNetEarnsFlngOrgInd>false</CompBsdNetEarnsFlngOrgInd>
      <CompBsdNetEarnsRltdOrgsInd>false</CompBsdNetEarnsRltdOrgsInd>
      <AnyNonFixedPaymentsInd>false</AnyNonFixedPaymentsInd>
      <InitialContractExceptionInd>false</InitialContractExceptionInd>
      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>JOHN LANG</PersonNm>
        <TitleTxt>FMR EXECUTIVE DIRECTOR</TitleTxt>
        <BaseCompensationFilingOrgAmt>110556</BaseCompensationFilingOrgAmt>
        <TotalCompensationFilingOrgAmt>110556</TotalCompensationFilingOrgAmt>
      </RltdOrgOfficerTrstKeyEmplGrp>
    </IRS990ScheduleJ>
    <IRS990ScheduleO documentId="IRS990ScheduleO" softwareId="23017517" softwareVersionNum="2023v5.1">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Section B, Line 11b</FormAndLineReferenceDesc>
        <ExplanationTxt>THE 990 IS REVIEWED BY THE ORGANIZATION'S ACCOUNTANTS, CHIEF FINANCIAL ADVISOR, AND EXECUTIVE DIRECTOR. ADDITIONALLY, THE FORM IS PRESENTED TO THE BOARD MEMBERS AFTER IT IS FILED.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Section B, Line 12c</FormAndLineReferenceDesc>
        <ExplanationTxt>EACH RESPONSIBLE PERSON WHO IS A DIRECTOR OR OFFICER HAS A DUTY TO DISCLOSE TO THE BOARD (OR TO ANY COMMITTEE OF THE BOARD THAT IS CONSIDERING A DECISION TO WHICH THE CONLFLICT APPLIED) THE MATERIAL FACTS OF ANY PROPOSED TRANSACTION OR ACTION OF THE ORGANIZATION IN WHICH SUCH RESPONSIBLE PERSON HAS ANY CONFLICTS.EACH RESPONSIBLE PERSON WHO IS A STAFF MEMBER, HAS A DUTY TO DISCLOSE TO THE MANAGER AND SUPERVISOR THE MATERIAL FACTS OF ANY PROPOSED TRANSACTION OF THE ORGANIZATION IN WHICH SUCH A PERSON HAS ANY CONFLICT. IMPLEMENTATION OF THE CONFLICT OF INTEREST POLICY RELIES ON SUCH DISCLOSURE. A RESPONSIBLE PERSON WHO FAILS TO FOLLOW THE PROTOCOLS ESTABLISHED IN THE CONFLICT OF INTEREST POLICY SHALL BE SUBJECTED TO MEANINGFUL DISCIPLINARY ACTION BY THE BOARD OF DIRECTORS UP TO AND INCLUDING REMOVAL FROM THE BOARD OR THEIR POSITION WITHIN THE ORGANIZATION.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Section C, Line 19</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part XI, Line 9</FormAndLineReferenceDesc>
        <ExplanationTxt>1120-POL = -$5250</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
  </ReturnData>
</Return>