Pendleton Foundation Trust

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1928

Legal Domicile

Phone

5412152862

Tax Period

2023-01-01 to 2023-12-31

Pendleton Foundation Trust, founded in 1928, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $326K in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum. The organization ran a surplus of $50K, a strong 15% operating margin.

Mission

The purpose of the organization is to receive gifts of money and property, invest these assets and spend the income to assist, encourage and promote the well-being of the citizens and inhabitants of the City of Pendleton, Oregon.

Program Service Accomplishments

Program 1

Expenses: $164,081

Grants are given entirely to the City of Pendleton, Oregon.

Program 2

Expenses: $38,955

The Foundation directly awarded 19 scholarships on behalf of the City of Pendleton during the year to local area students attending post-secondary education.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $123,090

Program Service Revenue $0

Investment Income $195,812

Other Revenue $7,103

TOTAL REVENUE $326,005

Expense Breakdown

Grants Paid $203,036

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $203,036

Other Expenses $72,607

TOTAL EXPENSES $275,643

Year-over-Year Comparison

	2023	2022	Change
Revenue	$326,005	$259,866	+0.3%
Expenses	$275,643	$230,399	+0.2%
Net Income	$50,362	$29,467	+0.7%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kevin Hale	Board Member	2.00	Director	$0	$0	$0
Marie Hall	Board Member	2.00	Director	$0	$0	$0
Lonnie Read	Chairman	2.00	Officer Director	$0	$0	$0
Brooke Armstrong	Board Member	2.00	Director	$0	$0	$0
Pat Walters	Board Member	2.00	Director	$0	$0	$0
David Blanc	Board Member	2.00	Director	$0	$0	$0
Donna Biggerstaff	Board Member	2.00	Director	$0	$0	$0
Jerri Bealer	Secretary	2.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$326,005	$275,643	$7,161,457	$50,362
2022	$259,866	$230,399	$6,448,264	$29,467
2021	$576,997	$213,922	$7,618,927	$363,075
2020	$311,667	$319,084	$6,865,728	$-7,417
2019	$580,510	$250,217	$6,423,964	$330,293
2018	$720,571	$231,734	$5,395,704	$488,837