2025-10-21T09:13:09-05:00 2024-12-31 410746749 CLIFTONLARSONALLEN LLP 10700 NORTHUP WAY SUITE 200 BELLEVUE WA 98004 990 2024-01-01 931062307 TERWILLIGER PLAZA FOUNDATION INC TERW 5032264911 2545 SW TERWILLIGER BLVD PORTLAND OR 97201 ADAM LANE VICE PRES. OF FINANCE & CFO 5032264911 2025-10-15 1 0 KURT BENNION P01469618 4252506100 2025-10-15 2024 2025-03-06 01:10:19Z RYAN MILLER 2545 SW TERWILLIGER BLVD PORTLAND OR 97201 707831 0 X N/A X 1991 OR TO SUPPORT TERWILLIGER PLAZA AND ITS RESIDENTS TO ENHANCE THE QUALITY OF LIFE IN TERWILLIGER PLAZA; TO SUPPORT THE LESTA HOEL MEMORIAL TRUST FUND THAT ASSISTS RESIDENTS WHO MIGHT OTHERWISE HAVE TO LEAVE THE PLAZA DUE TO FINANCIAL HARDSHIP. 9 9 0 20 0 0 510402 555656 0 0 108381 122320 22020 29855 640803 707831 762168 526237 0 0 0 0 0 0 0 167204 186784 929372 713021 -288569 -5190 7955592 8693926 57925 25235 7897667 8668691 TO SUPPORT TERWILLIGER PLAZA AND ITS RESIDENTS TO ENHANCE THE QUALITY OF LIFE IN TERWILLIGER PLAZA; TO SUPPORT THE LESTA HOEL MEMORIAL TRUST FUND THAT ASSISTS RESIDENTS WHO MIGHT OTHERWISE HAVE TO LEAVE THE PLAZA DUE TO FINANCIAL HARDSHIP. 0 0 514930 470203 0 GRANTS MADE TO TERWILLIGER PLAZA, INC. FOR CLINIC STAFFING, REMODELING, EXERCISE EQUIPMENT FOR THE WELLNESS CENTER, PROGRAMS FOR LIFE ENRICHMENT, PURCHASED EQUIPMENT AND SERVICES TO ENHANCE TP PROGRAMS, EDUCATIONAL SCHOLARSHIPS, AND ASSISTED LIVING SUPPORT. 11883 11883 0 GRANTS MADE TO THE LESTA HOEL MEMORIAL TRUST FUND TO ALLOCATE CONTRIBUTIONS COLLECTED BY THE FOUNDATION ON BEHALF OF LESTA HOEL. 44151 44151 0 DISTRIBUTIONS OF EARNINGS FROM FUNDS HELD AT OREGON COMMUNITY FOUNDATION FOR VARIOUS EXEMPT PURPOSES. 570964 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 OR X ADAM LANE 5038087962 2545 SW TERILLIGER BLVD PORTLAND OR 97201 RYAN MILLER PRESIDENT & CEO 2.00 50.00 X 0 294610 40374 JUDY O'DONNELL VICE PRESIDENT OF FINANCE & CFO 2.00 50.00 X 0 202916 18398 MARILYN GIFFORD EXECUTIVE DIRECTOR 30.00 0.00 X 0 68266 1289 GEORGE AMMERMAN PRESIDENT 1.00 0.00 X X 0 0 0 GILES BURGESS VICE PRESIDENT 1.00 0.00 X X 0 0 0 EMILY BRADFORD TREASURER 1.00 0.00 X X 0 0 0 PHYLLIS MAYNARD SECRETARY (THROUGH MARCH 2024) 1.00 0.00 X X 0 0 0 GORDON ALLEN DIRECTOR (AS OF DECEMBER 2024) 1.00 0.00 X 0 0 0 JOSH CEPEDA DIRECTOR 1.00 0.00 X 0 0 0 ALLEN DOBBINS DIRECTOR 1.00 0.00 X 0 0 0 JACKSON LEWIS DIRECTOR 1.00 0.00 X 0 0 0 LINDA MATHER DIRECTOR (AS OF DECEMBER 2024) 1.00 0.00 X 0 0 0 BRAD MERSEREAU DIRECTOR 1.00 0.00 X 0 0 0 PEGGY SNYDER DIRECTOR & SECRETARY (THROUGH OCTOBER 2024) 1.00 0.00 X X 0 0 0 LANTZ STRINGHAM DIRECTOR (THROUGH MARCH 2024) 1.00 0.00 X 0 0 0 0 565792 60061 0 0 1 0 0 555656 555656 98022 98022 24298 0 24298 24298 24298 THRIFT SHOP SALES 459420 29855 29855 29855 707831 0 0 152175 X 473846 473846 52391 52391 3290 3290 53516 53516 89453 44727 44726 SPENDING POLICY REIMBUR 39435 39435 TAXES AND LICENSES 1090 1090 713021 570964 142057 0 353477 312980 2541723 2822382 5060392 5558564 7955592 8693926 25380 32545 25235 57925 25235 X 2115845 2427923 5781822 6240768 7897667 8668691 7955592 8693926 X -5190 765386 10828 X X 0 1 X 1 0 X X X 1 TERWILLIGER PLAZA INC 930477890 10 1 713021 0 1 713021 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5034457 549032 56820 5526669 4686943 499123 118357 33252 5034457 5445907 -545927 181809 31228 4686943 4600487 1499 1047018 170524 32573 5445907 4292551 506920 168718 30266 4600487 0.00000 1.00000 0.00000 1 0 0 FUNDS HELD BY OREGON COMMUNITY FUND 5468974 CHARITABLE GIFT ANNUITIES 88879 DUE FROM RELATED ORGANIZATIONS 711 5558564 DUE TO RELATED ORGANIZATIONS 25235 25235 X PART V, LINE 4: THERE ARE SIX FUNDS HELD BY THE OREGON COMMUNITY FOUNDATION TO BE USED FOR FACILITY IMPROVEMENTS, EMPLOYEE FAMILY SCHOLARSHIPS, HEALTHCARE STAFF FUNDING, CLASSICAL MUSIC PERFORMANCES AND IMPROVING THE QUALITY OF LIFE OF TERWILLIGER PLAZA RESIDENTS. PART X, LINE 2: THE FOUNDATION IS TAX-EXEMPT UNDER IRC SECTION 501(C)(3) AND APPLICABLE STATE LAWS. THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE CORPORATION RECOGNIZES THE TAX BENEFIT FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFIT IS MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE CORPORATION RECOGNIZES INTEREST AND PENALTIES RELATED TO INCOME TAX MATTERS IN OPERATING EXPENSES. AT DECEMBER 31, 2024 AND 2023, THERE WERE NO SUCH UNCERTAIN TAX POSITIONS. 1 TERWILLIGER PLAZA INC 2545 SW TERWILLIGER BLVD PORTLAND OR 97201 930477890 501(C)(3) 414933 0 MEMBER SUBSIDIES LESTA HOEL MEMORIAL TRUST FUND 2545 SW TERWILLIGER BLVD PORTLAND OR 97201 936071709 501(C)(3) 11883 0 FUNDRAISING PROCEEDS 2 0 SCHOLARSHIPS 13 52391 PART I, LINE 2: THE FOUNDATION ONLY MAKES GRANTS TO RELATED ORGANIZATIONS. PROPER USE OF FUNDS IS ENSURED THROUGH OVERSIGHT BY OVERLAPPING MANAGEMENT BETWEEN THE ORGANIZATIONS. THE FOUNDATION AWARDS SCHOLARSHIPS TO EMPLOYEES AND FAMILY MEMBERS OF EMPLOYEES OF THE RELATED ORGANIZATIONS. THE FOUNDATION HAS ELIGIBILITY REQUIREMENTS, AN OBJECTIVE SELECTION PROCESS AND REQUIREMENTS THAT AWARDEES PROVIDE TRANSCRIPTS SHOWING THEIR PERFORMANCE. THE FUNDS ARE PAID TO THE EDUCATIONAL INSTITUTION DIRECTLY, NOT THE STUDENTS. 0 0 0 0 0 0 0 0 0 RYAN MILLER PRESIDENT & CEO 0 294610 0 0 0 0 0 9550 0 30824 0 334984 0 0 JUDY O'DONNELL VICE PRESIDENT OF FINANCE & CFO 0 200916 0 2000 0 0 0 6285 0 12113 0 221314 0 0 PART I, LINE 3 THE PRESIDENT & CEO'S COMPENSATION IS DETERMINED BY TERWILLIGER PLAZA, A RELATED ORGANIZATION. TERWILLIGER PLAZA'S BOARD CHAIR APPOINTS A CEO COMPENSATION COMMITTEE COMPOSED OF OUTSIDE BOARD MEMBERS AND ONE INSIDE BOARD MEMBER, WHICH CONSIDERS THE FOLLOWING: 1. COMPENSATION COMMITTEE 2. FORM 990 OF OTHER ORGANIZATIONS 3. COMPENSATION SURVEY OR STUDY 4. APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE FORM 990, PART VI, SECTION A, LINE 3 ALL MANAGEMENT SERVICES ARE PROVIDED BY EMPLOYEES OF TERWILLIGER PLAZA, A RELATED ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 6 TERWILLIGER PLAZA IS THE SOLE MEMBER OF THE FOUNDATION. FORM 990, PART VI, SECTION A, LINE 7A THE SOLE MEMBER ELECTS ALL OF THE FOUNDATION'S DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B THE SOLE MEMBER HAS THE RIGHT TO VOTE WITH RESPECT TO THE FOLLOWING MATTERS: A) ANY CHANGES TO THE MEMBERSHIP; B) ANY DECISION AFFECTING THE EXISTING VOTING RIGHTS OF THE MEMBER; C) ANY AMENDMENT TO THE ARTICLES OF INCORPORATION OR BYLAWS; D) ANY SIGNIFICANT RESTRUCTURING OR REORGANIZATION OF THE FOUNDATION, SUCH AS A MERGER OR CONSOLIDATION; E) ANY CONTEMPLATED DISSOLUTION OR LIQUIDATION OF THE FOUNDATION OR THE TRANSFER OF ALL OR SUBSTANTIALLY ALL OF THE FOUNDATION'S ASSETS; F) ANY DECISION THAT WOULD RESULT IN THE FOUNDATION INCURRING DEBT; G) ANY SIGNIFICANT CHANGE TO THE FOUNDATION'S PURPOSES OR ACTIVITIES; AND H) ANY ACTIONS THAT COULD JEOPARDIZE THE FOUNDATION'S CURRENT STATUS AS A SECTION 501(C)(3) PUBLIC CHARITY. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING, THE 990 WAS REVIEWED BY THE ORGANIZATION'S CFO WITH THE OVERSIGHT OF THE CEO AND THEN PRESENTED TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO READ AND SIGN A CONFLICT OF INTEREST POLICY AGREEMENT ANNUALLY. IN ADDITION, THEY ARE EXPECTED TO REPORT ANY CONFLICTS OF INTEREST THAT ARISE IMMEDIATELY. THEY ARE DISQUALIFIED FROM VOTING ON ANY MATTERS FOR WHICH A CONFLICT EXISTS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION OF THE FOUNDATION'S EXECUTIVE DIRECTOR IS DETERMINED DURING THE BUDGET PROCESS OF TERWILLIGER PLAZA. IT IS RECOMMENDED BY THE CEO OF TERWILLIGER PLAZA AND APPROVED BY THE BOARD OF DIRECTORS. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2024. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE FOR PUBLIC REVIEW AT THE ORGANIZATION'S OFFICES. FORM 990, PART IX, LINE 11G PURCHASED SERVICES: PROGRAM SERVICE EXPENSES 44,727. MANAGEMENT AND GENERAL EXPENSES 44,726. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 89,453. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF CHARITABLE GIFT ANNUITIES 10,828. FORM 990, PART XII, LINE 2C: THE PROCESS FOR SELECTING THE FINANCIAL STATEMENT AUDITOR AND FOR OVERSEEING THE FINANCIAL STATEMENT AUDIT DID NOT CHANGE DURING THE FISCAL YEAR. LESTA HOEL MEMORIAL TRUST FUND 2545 SW TERWILLIGER BLVD PORTLAND OR 97201 936071709 CHARITABLE TRUST OR 501(C)(3) LINE 12A, I TERWILLIGER PLAZA INC 0 TERWILLIGER PLAZA INC 2545 SW TERWILLIGER BLVD PORTLAND OR 97201 930477890 CONTINUING CARE RETIREMENT COMMUNITY OR 501(C)(3) LINE 10 N/A 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0