1803 Fund
TO ESTABLISH A RESILIENT FINANCIAL ECOSYSTEM THAT SUPPORTS THE LONG-TERM WELL-BEING OF PORTLAND'S BLACK COMMUNITY BY INVESTING IN EDUCATION, PRESERVING CULTURAL HERITAGE AND FOSTERING COMMUNITY VIA LONG-TERM GRANT FUNDING, PARTNERSHIPS AND INVESTMENTS.
Key facts about 1803 Fund
- EIN
- 92-2585176
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $9,130,000
- Grants made (2024)
- 16
- Average grant
- $570,625
- Median grant
- $492,500
- Total assets
- $8,090,342
- Primary geography
- Oregon (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated April 2026.
Who 1803 Fund funds
By grant dollars, the top recipient states for 1803 Fund's 16 itemized 2024 grants were Oregon (100%). The most frequent recipient cities were Portland, OR (13 grants). 19% of grants with a stated purpose were for general or operating support. Recurring purposes include "Planning Grant/" (6 grants).
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$8.1M
+37.2% YoY
Annual Giving
$9.1M
Grant Count
16
Avg Grant Size
$571K
About 1803 Fund
Based on IRS filings
1803 Fund is a nonprofit organization focused on Community Improvement & Capacity Building, based in PORTLAND, OR. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $8.1M in total assets. In 2024, it awarded 16 grants totaling $9.1M. Net investment income was $310K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 16 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 |
|---|---|---|
| Total Assets | $8,090,342 | $5,897,917 |
| Revenue | $22,414,164 | — |
| Expenses | $13,099,256 | $2,243,481 |
| Qualifying Distributions | — | — |
| Net Investment Income | $310,464 | — |
| Distributable Amount | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
16 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Albina Vision Trust Inc ($2,100,000), Williams & Russell Cdc ($1,300,000), Portland Art Museum ($1,100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALBINA VISION TRUST INC PORTLAND, OR | PLANNING GRANT/ | $2,100,000 |
| WILLIAMS & RUSSELL CDC PORTLAND, OR | PLANNING GRANT | $1,300,000 |
| PORTLAND ART MUSEUM PORTLAND, OR | PLANNING GRANT/FOR THE BLACK ART & EXPERIENCES GALLERY AND PROGRAMMING | $1,100,000 |
| PORTLAND HOUSING CENTER PORTLAND, OR | GENERAL OPERATING SUPPORT | $1,100,000 |
| FISCAL SPONSOR BLACK UNITED FUND OF OREGON FOR ALBINA MUSIC TRUST PORTLAND, OR | SUPPORT FOR ALBINA MUSIC TRUST | $550,000 |
| OREGON BLACK PIONEERS SALEM, OR | PLANNING GRANT/GENERAL OPERATING SUPPORT | $550,000 |
| PRISMID INC PORTLAND, OR | FOR COMMUNITY SPACE IMPROVEMENTS AND PROGRAMS LAUNCH | $550,000 |
| TAKING OWNERSHIP PORTLAND, OR | GENERAL OPERATING SUPPORT | $550,000 |
| FRIENDS OF IFCC PORTLAND, OR | PLANNING GRANT | $435,000 |
| MICRO ENTERPRISE SERVICES OF OREGON PORTLAND, OR | FOR ESTABLISHING THE BLACK FILMMAKERS FUND/PLANNING GRANT | $400,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RUKAIYAH ADAMS | CEO/SECRETARY | 42.5 | $501,560 |
| TONY HOPSON | BOARD CHAIR | 1.8 | — |
| LARRY MILLER | BOARD TREASURER | 0.5 | — |
| RON HERNDON | BOARD MEMBER | 1.8 | — |
| JOHN DONAHOE | BOARD MEMBER | 0.5 | — |
| D'ARTAGNAN CALIMAN | VP, COMMUNITY PARTNERSHIPS | 40 | $225,137 |
| MICH GREENBERG | VP, INVESTMENTS | 40 | $225,048 |
| CURTRINA HUFF | FINANCE AND ACCOUNTING MANAGER | 40 | $104,666 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is 1803 Fund?
1803 Fund is a nonprofit organization focused on Community Improvement & Capacity Building, based in PORTLAND, OR. It holds $8.1M in total assets as of 2024.
How large is 1803 Fund?
As of 2024, 1803 Fund holds $8.1M in total assets with $22.4M in annual revenue. It awarded 16 grants totaling $9.1M in 2024.
Where does 1803 Fund operate?
1803 Fund has awarded grants in Oregon.
What size grants does 1803 Fund award?
In 2024, 1803 Fund awarded 16 grants totaling $9.1M — an average of about $571K per grant, based on its IRS Form 990 filings.
What is 1803 Fund's EIN?
1803 Fund's EIN (Employer Identification Number) is 92-2585176. IRS Form 990 filing data is available on this page for 2023–2024.
Explore Open Grants
Browse active grant opportunities in 1803 Fund's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.