Organizations Filed Purposes:
TO PROVIDE SUPPORT FOR THE OREGON SHAKESPEARE FESTIVAL ASSOCIATION, A 501(C)(3) ORGANIZATION.
SUPPORT FOR THE OREGON SHAKESPEARE FESTIVAL ASSOCIATION: THE ENDOWMENT FUND EXISTS TO INVEST CERTAIN ASSETS FOR THE BENEFIT OF THE OREGON SHAKESPEARE FESTIVAL ASSOCIATION, A SEPARATE 501(C)(3) ORGANIZATION. THE FUND RECEIVES CONTRIBUTIONS FOR THIS PURPOSE, INCLUDING DONOR RESTRICTED GIFTS, INVESTS THESE CONTRIBUTIONS UTILIZING PROFESSIONAL ADVICE AND MODERN PORTFOLIO MANAGEMENT TECHNIQUES, INCLUDING A DIVERSIFIED ASSET ALLOCATION, AND ANNUALLY DISTRIBUTES TO THE FESTIVAL BETWEEN 4% AND 7% OF ITS ASSETS, CALCULATED ON THE BASIS OF A MOVING AVERAGE OF RECENT ASSET BALANCES. DESIGNED TO SUPPLEMENT BUT NOT SUPPLANT THE OPERATING REVENUES OF THE FESTIVAL. OVER THE PAST SIXTEEN YEARS, THE FUND HAS DISTRIBUTED APPROXIMATELY $25 MILLION TO THE FESTIVAL WITH THE PAYOUT FOR FISCAL YEAR 2019 TOTALING $1,478,227. THROUGH ITS SUSTAINING SUPPORT, THE ENDOWMENT FUND HELPS PROVIDE LONG-TERM FISCAL VIABILITY TO THE FESTIVAL, THUS ENABLING THE FESTIVAL TO CONTINUE TO PURSUE EXCELLENCE IN PRESENTING LIVE THEATRE TO ANNUAL AUDIENCES OF APPROXIMATELY 360,000 AND EDUCATIONAL EVENTS TO OVER 52,000.
DURING 2019 THE ENDOWMENT FUND CONTRIBUTED ADDITIONAL SUPPORT OF $2,500,000 TO THE OREGON SHAKESPEARE FESTIVAL ASSOCIATION FROM BOARD-DESIGNATED FUNDS.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Sandra Weingart | OSF CFO | 1 | $0 |
| Cynthia Rider | OSF FORMER EXECUTIVE DIRECTOR | 1 | $0 |
| Rudd Johnson | TRUSTEE | 1 | $0 |
| Eric Johnson | VICE PRESIDENT | 1 | $0 |
| Philip Paroian | SECRETARY/TREASURER | 2 | $0 |
| Doug Carlson | PRESIDENT | 2 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202032599349301043_public.xml