2024-05-14T15:23:08-05:00 2023-06-30 930900579 MCDONALD JACOBS PC 121 SW SALMON ST STE 1100 PORTLAND OR 97204 990 2022-07-01 943028590 LAKE OSWEGO SCHOOL DISTRICT FOUNDATION INC LAKE 5035342106 PO BOX 70 LAKE OSWEGO OR 97034 WHITNEY WOOLF EXECUTIVE DIRECTOR 5035342106 2024-05-08 1 WHITNEY WOOLF 999009999 0 SANG AHN P00540880 5032270581 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z WHITNEY WOOLF PO BOX 70 LAKE OSWEGO OR 97034 991796 0 X WWW.LOSFOUNDATION.ORG X 1987 OR INVESTING IN PUBLIC EDUCATION TO GIVE STUDENTS UNMATCHED OPPORTUNITIES TO FLOURISH. 27 27 0 50 0 0 1005107 948598 0 0 54808 5430 0 5659 1059915 959687 955681 876194 0 0 0 0 0 0 38461 84871 83098 1040552 959292 19363 395 1964733 2093581 0 0 1964733 2093581 X INVESTING IN PUBLIC EDUCATION TO GIVE STUDENTS UNMATCHED OPPORTUNITIES TO FLOURISH. 0 0 876194 876194 GRANTS TO LAKE OSWEGO SCHOOL DISTRICT, USED TO HIRE AND RETAIN TEACHING POSITIONS THAT PROVIDE EDUCATIONAL EXPERIENCES BEYOND WHAT IS POSSIBLE WITH LIMITED PUBLIC FUNDING. FOUNDATION FUNDS GRANTED TO THE LAKE OSWEGO SCHOOL DISTRICT ENABLE THE DISTRICT TO PROVIDE MUSIC TEACHERS AND READING SPECIALISTS AT THE ELEMENTARY LEVEL. AT THE MIDDLE SCHOOL AND HIGH SCHOOL LEVEL, THE LAKE OSWEGO SCHOOLS FOUNDATION FUNDS ENABLE THE DISTRICT TO PROVIDE MORE ELECTIVES AND ADVANCED PLACEMENT COURSES FOR STUDENTS TO EXPLORE AND PURSUE INTERESTS FOR CAREER AND COLLEGE READINESS, AS WELL AS RECEIVE ADDITIONAL INSTRUCTION TIME IN SCHOOL. THE LAKE OSWEGO SCHOOLS FOUNDATION INVESTS IN TEACHERS FOR ALL STUDENTS OF LAKE OSWEGO SCHOOL DISTRICT. THE LAKE OSWEGO SCHOOLS FOUNDATION FUNDS GRANTED TO THE LAKE OSWEGO SCHOOL DISTRICT SUPPORT THE FULL-TIME EQUIVALENT OF 20 TEACHING POSITIONS IN FY20. 876194 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 27 27 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 0 0 OR X X WHITNEY WOOLF 5035342106 2455 COUNTRY CLUB ROAD LAKE OSWEGO OR 97034 X MAXINE WALKENHORST PRESIDENT 10.00 X X 0 0 0 KAREN HARDING TREASURER 3.00 X X 0 0 0 SALUMEH LOESCH SECRETARY 3.00 X X 0 0 0 LAURA COYLE VICE PRESIDENT 3.00 X X 0 0 0 JOHN KOCHAVTR VICE PRESIDENT 3.00 X X 0 0 0 SARAH BORN AT LARGE 3.00 X 0 0 0 BINK GREENE AT LARGE 3.00 X 0 0 0 KASEY ADLER DIRECTOR 1.00 X 0 0 0 JACK ANDREWS DIRECTOR 1.00 X 0 0 0 LINDSEY BARNEY DIRECTOR 1.00 X 0 0 0 MARK BIRGE DIRECTOR 1.00 X 0 0 0 CHAD CARTER DIRECTOR 1.00 X 0 0 0 SARA CASE DIRECTOR 1.00 X 0 0 0 SURINDER CHAUHAN DIRECTOR 1.00 X 0 0 0 BRIAN GENTRY DIRECTOR 1.00 X 0 0 0 CHRIS GRUBB DIRECTOR 1.00 X 0 0 0 GARY HANIFAN DIRECTOR 1.00 X 0 0 0 SARA HASAN DIRECTOR 1.00 X 0 0 0 RACHEL HOGAN DIRECTOR 1.00 X 0 0 0 HOWARD HUANG DIRECTOR 1.00 X 0 0 0 EMILY LIEVENS DIRECTOR 1.00 X 0 0 0 BRIAN MADDEN DIRECTOR 1.00 X 0 0 0 JAHZEEL ORMENO DIRECTOR 1.00 X 0 0 0 COURTNEY REEVES DIRECTOR 1.00 X 0 0 0 CHRISTINE SMITH DIRECTOR 1.00 X 0 0 0 LYNNE THOMPSON DIRECTOR 1.00 X 0 0 0 MELISSA WILLIAMS DIRECTOR 2.00 X 0 0 0 WHITNEY WOOLF EXECUTIVE DIRECTOR 32.00 X 0 0 0 0 0 0 0 0 0 0 0 948598 14672 948598 13079 13079 7649 -7649 -7649 -7649 30119 24460 5659 5659 959687 0 0 11089 855000 855000 21194 21194 13535 13535 15802 15802 8027 8027 39516 9668 29848 5632 5632 586 586 959292 876194 44637 38461 29782 22051 1934951 2071530 1964733 2093581 0 0 X 153291 147929 1811442 1945652 1964733 2093581 1964733 2093581 395 128453 0 X X 0 1 X 1 0 X 1358241 1342208 1090671 1005107 948598 5744825 1358241 1342208 1090671 1005107 948598 5744825 478282 5266543 8275 9221 8532 13046 13079 52153 5659 5659 5802637 0.90760 0.90680 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1934951 103985 118889 86295 2071530 2024384 108431 -117405 80459 1934951 1372205 196862 520504 65187 2024384 1118302 337534 -23692 59939 1372205 952380 140791 69523 44392 1118302 0.06080 0.80590 0.13330 0 0 0 X 1096799 128453 128453 968346 15801 -24460 -8659 959687 967951 0 967951 15801 -24460 -8659 959292 PART V, LINE 4: LAKE OSWEGO SCHOOL DISTRICT FOUNDATION'S ENDOWMENT CONSISTS OF TWO FUNDS ESTABLISHED FOR LONG-TERM SUPPORT OF THE FOUNDATION. PLANS INCLUDE ESTABLISHING INVESTMENT AND SPENDING POLICIES TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY THE FOUNDATION AND TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. PART X, LINE 2: THE ORGANIZATION FOLLOWS THE PROVISIONS OF FASB ASC TOPIC 740 ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT HAS EVALUATED THE ORGANIZATION'S TAX POSITIONS AND CONCLUDED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH PROVISIONS OF THIS TOPIC. PART XI, LINE 4B - OTHER ADJUSTMENTS: EVENT EXPENSES NETTED WITH REVENUE -24,460. PART XII, LINE 4B - OTHER ADJUSTMENTS: EVENT EXPENSES NETTED WITH REVENUE -24,460. GALA / LUNCHEON 30119 30119 4500 16741 500 2719 30119 30119 4500 16741 500 2719 24460 5659 0 LAKE OSWEGO SCHOOL DISTRICT PO BOX 70 LAKE OSWEGO OR 97034 936008560 501(C)(3) 855000 0 USED TO HIRE AND RETAIN ADDITIONAL CLASSROOM TEACHERS AT ALL LAKE OSWEGO SCHOOLS. 1 0 SCHOLARSHIPS 2 6000 ENDOWMENT GRANTS 2 15194 PART I, LINE 2: THE LAKE OSWEGO SCHOOL DISTRICT REPORTS REGUARLY AT BOARD MEETINGS ON HOW THE FOUNDATION FUNDS GRANTED TO THE DISTRICT ARE USED TO SUPPORT TEACHING POSITIONS. ADDITIONALLY, THE LAKE OSWEGO SCHOOL DISTRICT PROVIDES AUDITED FINANCIAL REPORTS THAT SHOW FOUNDATION FUNDS ARE USED TO PAY FOR TEACHING POSITIONS AS DIRECTED. FORM 990, PART VI, SECTION B, LINE 11B A COMPLETE FORM 990 IS EMAILED VIA SECURE LINK. FORM 990, PART VI, SECTION B, LINE 12C THE LAKE OSWEGO SCHOOLS FOUNDATION HAS BOARD MEMBERS FILL OUT A CONFLICT OF INTEREST STATEMENT ANNUALLY AND KEEPS THEM ON FILE. WHENEVER A DECISION IS MADE WHERE A BOARD MEMBER MAY BENEFIT THEY EXCUSE THEMSELVES FROM THAT PROCESS. THE EXECUTIVE DIRECTOR AND THE EXECUTIVE COMMITTEE REVIEW ANY POTENTIAL CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15A THERE ARE NO PAID EMPLOYEES OF THE FOUNDATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 1 LAKE OSWEGO SCHOOL DISTRICT FOUNDATION USES THE MODIFIED CASH BASIS OF ACCOUNTING. FORM 990, PART XI, LINE 2C: ORGANIZATION'S OVERSIGHT AND SELECTION PROCESS IS UNCHANGED FROM THE PRIOR YEAR.