JORDAN SCHNITZER FAMILY FOUNDATION: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- JORDAN SCHNITZER FAMILY FOUNDATION (EIN 93-1236637)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-11
- IRS object ID
- 202503159349101825
- Schema version
- 2024v5.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- All Oth Prog Rltd Investments Sch
- Investments Other Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-11T12:31:21-06:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 861065772 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DELOITTE TAX LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1125 NW COUCH ST SUITE 600 | AddressLine1Txt |
| City | PORTLAND | CityNm |
| State Abbreviation | OR | StateAbbreviationCd |
| ZIP | 97209 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 931236637 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JORDAN SCHNITZER FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | JORD | BusinessNameControlTxt |
| Phone | 5032482000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 2708 | AddressLine1Txt |
| City | PORTLAND | CityNm |
| State Abbreviation | OR | StateAbbreviationCd |
| ZIP | 972082708 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BRIAN MATTOCKS | PersonNm |
| Person Title | VP, TAX | PersonTitleTxt |
| Phone | 5032422900 | PhoneNum |
| Signature | 2025-11-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | CAROL WACHTER | PreparerPersonNm |
| PTIN | P00450440 | PTIN |
| Phone | 5032221341 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $76,944,091 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $21,048,300 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $10,684 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $10,684 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $5,649 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $5,649 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$36,405 | NetGainSaleAstRevAndExpnssAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Gross Sales Less Ret And Allwnc | $18,966 | GrossSalesLessRetAndAllwncAmt |
| Cost Of Goods Sold | $18,966 | CostOfGoodsSoldAmt |
| Other Income Rev And Expnss | $142,938 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $11,153 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $0 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $21,171,166 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $27,486 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $7,863 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $1,573 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $0 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $6,290 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Taxes Rev And Expnss | $52,966 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $809 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $632,671 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $2,941 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $630,875 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $693,500 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $5,323 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $637,165 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $221,135 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $209,890 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $914,635 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $5,323 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $847,055 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $20,256,531 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $22,163 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $35,731 | CashBOYAmt |
| Cash EOY | $167,549 | CashEOYAmt |
| Cash EOYFMV | $167,549 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $279,451 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $270,771 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $270,771 | SavAndTempCashInvstEOYFMVAmt |
| Pledges Rcvbl | $5,959,761 | PledgesRcvblAmt |
| Pledges Rcvbl BOY | $6,180,896 | PledgesRcvblBOYAmt |
| Pledges Rcvbl EOY | $5,959,761 | PledgesRcvblEOYAmt |
| Pledges Rcvbl EOYFMV | $5,959,761 | PledgesRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $46,822 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $30,410 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $30,410 | PrepaidExpensesEOYFMVAmt |
| Other Investments BOY | $3,726,978 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $3,725,023 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $3,725,023 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $45,198,578 | OtherAssetsBOYAmt |
| Other Assets EOY | $66,790,577 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $66,790,577 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $55,468,456 | TotalAssetsBOYAmt |
| Total Assets EOY | $76,944,091 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $76,944,091 | TotalAssetsEOYFMVAmt |
| Grants Payable BOY | $6,180,896 | GrantsPayableBOYAmt |
| Grants Payable EOY | $5,959,761 | GrantsPayableEOYAmt |
| Other Liabilities BOY | $455,000 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $606,600 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $6,635,896 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $6,566,361 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $48,832,560 | RetainedEarningBOYAmt |
| Retained Earning EOY | $70,377,730 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $48,832,560 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $70,377,730 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $55,468,456 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $76,944,091 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $48,832,560 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $20,256,531 | ExcessRevenueOverExpensesAmt |
| Other Increases | $1,288,639 | OtherIncreasesAmt |
| Subtotal | $70,377,730 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $70,377,730 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | EVI CORPORATION | PropertyDesc |
| How Acquired | D | HowAcquiredCd |
| Acquired | 2014-01-01 | AcquiredDt |
| Sold | 2024-12-31 | SoldDt |
| Cost Or Other Basis | $36,405 | CostOrOtherBasisAmt |
| Gain Or Loss | -$36,405 | GainOrLossAmt |
| Gains Minus Excess Or Losses | -$36,405 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$36,405 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $308 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $308 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $308 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $2,249 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $2,249 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $1,941 | OverpaymentAmt |
| Applied To ES Tax | $1,941 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | OR | OrgReportOrRegisterStateCd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | WWW.JORDANSCHNITZER.ORG | WebsiteAddressTxt |
| Individual With Books | MR JORDAN SCHNITZER | IndividualWithBooksNm |
| Phone | 5032482000 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1121 SW SALMON STREET | AddressLine1Txt |
| City | PORTLAND | CityNm |
| State Abbreviation | OR | StateAbbreviationCd |
| ZIP | 97205 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (7 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| JORDAN D SCHNITZER | ||||||||
| 1121 SW SALMON ST | PORTLAND | OR | 97205 | EXEC. DIRECTOR & PRESIDENT | 5.00 | $0 | $0 | $0 |
| ARIELLE SCHNITZER | ||||||||
| 1121 SW SALMON ST | PORTLAND | OR | 97205 | AVP | 1.00 | $0 | $0 | $0 |
| JEFFREY F NUDELMAN | ||||||||
| 1121 SW SALMON ST | PORTLAND | OR | 97205 | DIRECTOR & SECRETARY | 1.00 | $0 | $0 | $0 |
| BRIAN MATTOCKS | ||||||||
| 1121 SW SALMON ST | PORTLAND | OR | 97205 | VP, TAX (BEG. 10/1/2024) | 1.00 | $0 | $0 | $0 |
| JORDAN NOVINGER | ||||||||
| 1121 SW SALMON ST | PORTLAND | OR | 97205 | VP, TAX (ENDED 10/1/2024) | 1.00 | $0 | $0 | $0 |
| TANDILYN CAIN | ||||||||
| 1121 SW SALMON ST | PORTLAND | OR | 97205 | VP, TAX (ENDED 4/30/2024) | 1.00 | $0 | $0 | $0 |
| THOMAS R NICOLAI | ||||||||
| 1121 SW SALMON ST | PORTLAND | OR | 97205 | DIRECTOR (BEG. 1/1/2024) | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | DURING THE YEAR THE FOUNDATION CONTINUED ITS SUPPORT FOR NATIONALLY TRAVELING EXHIBITIONS. ALONG WITH THE FOUR ONGOING EXHIBITIONS, THE FOUNDATION ALSO ORGANIZED TEN NEW EXHIBITIONS: LEONARDO DREW AND FRIENDS; HANK WILLIS THOMAS: LOVERRULE; NEAR, FAR, GONE; MEL BOCHNER: WORDS MEAN EVERYTHING; WHEN ART IS A MIRROR: REFLECTIONS ON AMERICA 1965-2023; A FOUNTAIN OF CREATIVITY: OREGON'S 20TH CENTURY ARTISTS AND THE LEGACY OF ARLENE SCHNITZER (IN THREE PARTS); CONTEMPORARY ASIAN AND ASIAN AMERICAN ARTISTS; AMPLITUDE: TERRY WINTERS PRINTS SINCE 2000; COLOR OUTSIDE THE LINES; RICK BARTOW: ANIMAL KINSHIP; AND THE ONLY WAY TO HOLD A WEIGHT: RICHARD SERRA PRINTS. THE EXHIBITION PROGRAM WAS AUGMENTED WITH LOANS OF INDIVIDUAL OR GROUPS OF WORKS TO VARIOUS MUSEUMS ACROSS THE UNITED STATES. A FULL-COLOR CATALOGUE RAISONNE WAS PRODUCED "TERRY WINTERS: THE PRINTED WORK, A CATALOGUE RAISONNE". COLOR BOOKLETS WERE PRODUCED AND OFFERED FOR FREE TO ACCOMPANY FOUR OF THE NEW EXHIBITIONS. | Description1Txt |
| Expenses1 | $617,962 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | ARTWORK CONTRIBUTED FROM THE ARLENE SCHNITZER TRUST, INCLUDING BUT IS NOT LIMITED TO PIECES BY:- KATHERINE ACE- DAVID AIRHART- JAMES ALLEN- GUY ANDERSON- ADRIAN ARLEO- ROBERT ARNESON- COLIN ASHFORD- DIANE AVIO-AUGEE- WILLIAM BABER- JAY BACKSTRAND- JOAN BANKEMPER- LEONARD BASKIN- MARLENE BAUER- DENNIS BEALL- FLETCHER BENTON- RUTH BERNHARD- BARBARA BLACK - FRANK BOYDEN - SQUIRE BROEL- MICHAEL BROPHY- CLINT BROWN- CRIS BRUCH - JOHN BUCK - LOUIS BUNCE- SEAN CAIN- MARK CALDERON - KENNETH CALLAHAN- MARC CHAGALL - JACK CHEVALIER - CHRISTOPHER CHIAPPA- RUSSELL CHILDERS - YAMADA CHOSHUN - MARK CLARKE- BRENDEN CLENAGHEN- ROBERT COGHILL- ROBERT COLESCOTT - COLIN CONNER - LIA COOK- TOM CRAMER - RON CRONIN - ANNE CRUMP | Description1Txt |
| Expenses1 | $10,822,300 | Expenses1Amt |
| Description2 | THREE WORKS OF ART PURCHASED FROM THE STEPHEN FRIEDMAN GALLERY ON MARCH 21, 2024, INCLUDING TWO JEFFREY GIBSON PIECES AND ONE KEHINDE WILEY PIECE. | Description2Txt |
| Expenses2 | $1,200,000 | Expenses2Amt |
| All Other Program Rltd Invst Tot | $9,569,699 | AllOtherProgramRltdInvstTotAmt |
| Total | $21,591,999 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $491,635 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $3,725,024 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $4,216,659 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $4,216,659 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $63,250 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $4,153,409 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $207,670 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $207,670 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $308 | TaxBasedOnInvestmentIncomeAmt |
| Income Tax | $21,014 | IncomeTaxAmt |
| Total Tax | $21,322 | TotalTaxAmt |
| Distributable Before Adj | $186,348 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $186,348 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $186,348 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $847,055 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $21,591,999 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $22,439,054 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $186,348 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $2,158,552 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $4,204,937 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $11,371,072 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $17,515,772 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $7,476,084 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $42,726,417 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $22,439,054 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $186,348 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $22,252,706 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $64,979,123 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $2,158,552 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $62,820,571 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $4,204,937 | ExcessFromYear4Amt |
| Excess From Year3 | $11,371,072 | ExcessFromYear3Amt |
| Excess From Year2 | $17,515,772 | ExcessFromYear2Amt |
| Excess From Year1 | $7,476,084 | ExcessFromYear1Amt |
| Excess From Current Year | $22,252,706 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | JORDAN D SCHNITZER | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WASHINGTON STATE UNIVERSITY FOUNDATION | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 255 E MAIN ST 301 | AddressLine1Txt |
| City | PULLMAN | CityNm |
| State Abbreviation | WA | StateAbbreviationCd |
| ZIP | 99163 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | EXHIBITION SUPPORT | GrantOrContributionPurposeTxt |
| Amt | $221,135 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $221,135 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $10,684 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $5,649 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $142,938 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | -$36,405 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $122,866 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $122,866 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 10 | LineNumberTxt |
| Relationship Statement | THE FOUNDATION STRIVES TO CREATE GREATER AWARENESS OF, APPRECIATION FOR, AND ACCESS TO ART - SPECIFICALLY PRINTS. THE FOUNDATION DOES THIS PRIMARILY BY PROMOTING VARIOUS TOURING EXHIBITION PROGRAMS ACROSS THE UNITED STATES. THE EXHIBITIONS ARE TYPICALLY COMPRISED OF PRINTS OWNED BY THE FOUNDATION. THE REVENUE ON LINE 10A REPRESENTS ADMISSIONS AND SALES OF BOOKS PERTAINING TO THE EXHIBIT. | RelationshipStatementTxt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (4 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|---|
| ARLENE SCHNITZER TRUST | |||||||
| 1 | 1121 SW SALMON | PORTLAND | OR | 97205 | $10,822,300 | Yes (X) | |
| SCHNITZER PROPERTIES LLC | |||||||
| 2 | PO BOX 2708 | PORTLAND | OR | 97208 | $10,200,000 | Yes (X) | |
| ESTATE OF ROBERTA GILLEY | |||||||
| 3 | 5 CENTERPOINTE SR STE 240 | LAKE OSWEGO | OR | 97035 | $10,000 | Yes (X) | |
| CHICAGOWOODMAN LLC | |||||||
| 4 | 200 BECKER AVENUE | BELEN | NM | 87002 | $16,000 | Yes (X) | |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 4 | ContributorNum |
| Noncash Property | 32 PIECES OF ARTWORK BY JUDY CHICAGO | NoncashPropertyDesc |
| Fair Market Value | $16,000 | FairMarketValueAmt |
| Received | 2024-11-01 | ReceivedDt |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | VARIOUS ARTWOK PURCHASES | Desc |
| Amt | $9,569,699 | Amt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (4 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| CABRILLO COMMERCE CENTER | FMV | $806,651 | $806,651 |
| PATRICK AIRPORT BUSINESS CENTER | FMV | $1,583,468 | $1,583,468 |
| SEATAC VILLAGE SHOPPING CENTER | FMV | $1,306,918 | $1,306,918 |
| EL GAUCHO II, LLC | FMV | $27,986 | $27,986 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PROGRAM ASSETS-ART | Desc |
| BOY Book Value | $45,198,578 | BOYBookValueAmt |
| EOY Book Value | $66,790,577 | EOYBookValueAmt |
| EOYFMV | $66,790,577 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (12 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| PAYROLL BENEFITS AND TAX | $837 | $167 | $0 | $670 |
| CONSULTING SERVICES | $63,920 | $0 | $0 | $63,920 |
| INSURANCE | $51,546 | $496 | $0 | $52,195 |
| LICENSES AND FEES | $85 | $10 | $0 | $75 |
| PROFESSIONAL FEES | $11,342 | $2,268 | $0 | $9,074 |
| DUES & MEMBERSHIPS | $1,000 | $0 | $0 | $1,000 |
| OFFICE SUPPLIES | $153,017 | $0 | $0 | $153,017 |
| POSTAGE AND DELIVERY | $320,687 | $0 | $0 | $320,687 |
| DESIGN | $7,422 | $0 | $0 | $7,422 |
| CONSERVATION | $4,217 | $0 | $0 | $4,217 |
| ART SUPPLIES | $15,793 | $0 | $0 | $15,793 |
| REPAIRS/REPLACEMENTS | $2,805 | $0 | $0 | $2,805 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (9 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| CABRILLO COMMERCE CENTER #43-1958462 | $29,718 | $987 |
| CABRILLO COMMERCE CENTER #43-1958462 UBI | $0 | |
| EL GAUCHO PORTLAND, LLC #91-2016549 | $7,294 | $24 |
| EL GAUCHO PORTLAND, LLC #91-2016549 UBI | $0 | |
| PATRICK AIRPORT BUSINESS CENTER #42-1538086 | $45,047 | -$7,911 |
| PATRICK AIRPORT BUSINESS CENTER #42-1538086 UBI | $0 | |
| SEA TAC VILLAGE SHOPPING CENTER #20-1048739 | $60,879 | $18,053 |
| SEA TAC VILLAGE SHOPPING CENTER #20-1048739 UBI | $0 | |
| EVI CORPORATION | $0 | $0 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN - FMV INVESTMENTS | Desc |
| Amt | $1,288,639 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| ARTWORK PAYABLE | $455,000 | $600,000 |
| INCOME TAX PAYABLE | $0 | $6,600 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| STATE | $14,348 | $809 | $0 | $0 |
| FEDERAL | $38,618 | $0 | $0 | $0 |