Oregon Schools Foundation

“The Officers and Trustees are given time to review Form 990 prior to the filing of the Return.”

“The Oregon Schools Foundation makes it's Financial and Organizational Documents available upon request.”

“OTHER PROGRAM SERVICES 4: The Annual Fund Campaign receives Individual and Corporate contributions each year that enable it to fund ongoing operations in areas of Academics, Art and Athletics. During the past year these resources were used to assist in enabling the Oregon School system to meet and to improve its Education and professional Development goals. OTHER PROGRAM SERVICES 5: The Foundation receives contributions that are designated by its Corporate and Individual Donors for use on specific projects and education related initiatives. Such Funds are utilized for efforts such as upgrades to Oregon City School's Gymnasium and its Baseball Press Box. These Funds are also used for Clay High School's Operation Graduation effort and for Oregon City School's Keller Professional Development program. Also Funds are utilized for Book Vending machines at each of three elementary buildings, and for annual program fees to support FIRST LEGO League grades 3 -12. OTHER PROGRAM SERVICES 6: The Performing Studio project began in 2021. The Oregona Schools system undertook a substantial renovation of its existing facilities to accommodate a Performing Arts Studio which will house a dance studio, a recording studio for musical production, and a 1,000 ft. addition for the storage of equipment and costumes for the performing artists.”

“Oregon Schools Foundation has established a Long Term Investment strategy in the manner of an Endowment fund. This fund consists of investments in Money Markets, Equities and Fixed Income products. Designated Contributions to this fund for 2022 totaled $13,190.86. All such additions to the fund will be maintained in perpetuity such that the Contributions to this fund will never be spent. When the fund's total assets reach $500,000, the dividends and interest earned from these investments will be used to fund classroom grants.”

“The FROST FEST is The Oregon Schools Foundation's signiture annual dinner dance and silent auction fundraising event. The 2022 FROST FEST Event along with the Culinary Raffle Project yielded net profits of $43,529.93. These profits were used to help fund the Foundation's Program Services in keeping with its Exempt purpose of providing educational opportunities for elementary and secondary school students in the City of Oregon School District. Ref Form 990 Part III for Program Service Accomplishments in 2022.”