Portland State University Bookstore

Foundation · Grantmaker Portland, OR EIN: 20-2951862

Portland State University Bookstore is a private foundation focused on Education, based in Portland, OR. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $1.4M in total assets. In 2023, it awarded 1 grant totaling $75K.

Key facts about Portland State University Bookstore

EIN: 20-2951862
Latest 990 filing: Form 990-PF, 2023
Annual giving (2023): $75,438
Grants made (2023): 1
Average grant: $75,438
Median grant: $75,438
Total assets: $1,405,419
Primary geography: Oregon (100% of itemized 2023 grant dollars)

Data from IRS Form 990-PF, 2023; updated September 2026.

How Portland State University Bookstore gives

Giving grew 264% from 2020 to 2023. Method
In 2023 it paid out 110% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with Portland State University Bookstore

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Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

$1.4M

-9.5% YoY

Annual Giving

$75K

+49.3% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$75K

+49.3% YoY

Under IRS private-foundation payout rules, Portland State University Bookstore reported a distributable amount of $75K for 2023 — the minimum it must pay out in qualifying distributions.

About Portland State University Bookstore

Based on IRS filings

Focus Areas

Education

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Oregon $75K (100%)

Share of all 1 itemized 2023 grant dollars.

States

Oregon

Cities

Portland

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2023	2022	2021
Total Assets	$1,405,419	$1,552,743	$1,855,276
Revenue	$144,715	$308,709	$383,542
Expenses	$260,916	$512,348	$384,939
Qualifying Distributions	$83,054	$58,031	—
Net Investment Income	—	—	$3,776
Distributable Amount	$75,456	$82,416	$81,093

Data update history

When this profile's IRS filing data changed on Grantable

March 1, 2026 IRS filings on file for fiscal years 2020–2023

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2023

Grant Size Distribution

4 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2023 grants, the largest recipients include Portland State University Foundation ($75,438).

Recipient	Purpose	Amount
PORTLAND STATE UNIVERSITY FOUNDATION Portland, OR	RUSS NORTON SCHOLARSHIP FUNDING AND ANNUAL GIVING	$75,438

Leadership & Key People

Officers and directors from IRS filings

Portland State University Bookstore is led by Luwanna Comstock, Executive Director since 2022 (on filings since 2021); 1 of 8 officers listed in 2023 is compensated.

Officers on the 2023 filing

Luwanna Comstock

Executive Director

Director → Executive Director, 2022

On filings since 2021

1 hr/week

$21K (2022) → $30K (2023)
Michael Dimond

President

Chair → President, 2022

On filings since 2020

1 hr/week

No compensation reported
Lynn Wendt

Director

On filings since 2020

1 hr/week

No compensation reported
Mark Wheeler

Director

On filings since 2020

1 hr/week

No compensation reported
Norie Dimeo-Edigar

Director

On filings since 2020

1 hr/week

No compensation reported
Viki Gillespie

Director

On filings since 2020

1 hr/week

No compensation reported
David Hansen

Secretary & Treasurer

On filings since 2020

1 hr/week

No compensation reported
Shalley Wolf

Vice Chair

On filings since 2020

1 hr/week

No compensation reported

Former officers (3)

Former: Russell Norton (2020–2021) — Executive Director
Former: Alexandra Strnad (2020) — Director
Former: Jessica Narayan (2020) — Director

Data from IRS Form 990 filings, 2020–2023. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2023 IRS filing

Subject Areas

Focus areas based on grantmaking activity

Education

Frequently Asked Questions

What is Portland State University Bookstore?

Portland State University Bookstore is a private foundation focused on Education, based in Portland, OR. It holds $1.4M in total assets as of 2023.

How large is Portland State University Bookstore?

As of 2023, Portland State University Bookstore holds $1.4M in total assets with $145K in annual revenue. It awarded 1 grant totaling $75K in 2023.

Where does Portland State University Bookstore operate?

Portland State University Bookstore has awarded grants in Oregon.

What size grants does Portland State University Bookstore award?

In 2023, Portland State University Bookstore awarded 1 grant totaling $75K — an average of about $75K per grant, based on its IRS Form 990 filings.

How much is Portland State University Bookstore required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2023, Portland State University Bookstore reported a distributable amount of $75K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Portland State University Bookstore's EIN?

Portland State University Bookstore's EIN (Employer Identification Number) is 20-2951862. IRS Form 990 filing data is available on this page for 2020–2023.