The Portland Foundation Inc
The Portland Foundation Inc is a public charity based in Portland, Indiana, formed in 1997. Its stated mission is to improve quality of life for the people of Jay County, Indiana, by building community endowment, making an impact through grantmaking, and providing leadership on community issues.
The Portland Foundation Inc at a glance
In short: The Portland Foundation Inc gave $3.9M across 12 grants in 2024 (avg $325K), mostly in Indiana. 17% of 2024 grantees were new. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $3,901,837
- +1443.1% vs 2023
- Grants made (2024)
- 12
- -25.0% vs 2023
- Average grant
- $325,153
- +1957.5% vs 2023
- Median grant
- $22,408
- Total assets
- $26,221,348
- +7.4% vs 2023
- New grantees (estimate)
- 17% first-time grantees (2 of 12, 2024; small sample)
- Primary geography
- Indiana (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Portland Foundation Inc
- Contact
Mailing address: 107 S Meridian St, Portland, IN 47371
Phone: (260) 726-4260
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Portland Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was The Portland Foundation Trust ($3.6M). Together the top 10 received $3.9M.
Grant Size Distribution
58 grants across all recorded years
The most common grant size was under $50K: 53 grants of 58 (91%).
Geographic Focus
Where this funder awards grants
The foundation’s stated mission centers on the people of Jay County, Indiana. Its program description says its scholarship trusts serve students in and around Jay County.
Grant Distribution by State
Share of 2024 grant dollars across all 12 itemized grants.
States
Cities
Is The Portland Foundation Inc open to new grantees?
17%
first-time grantees, 2024
In 2024, 2 of 12 grantees (17%) were first-time recipients. With only 12 grantees, that is a small sample: one grantee more or less moves the share by about 8 points. First grants averaged $1.8M; repeat grants $28K. How we count
Medians: $1.8M first-time, $22K repeat.
Estimate from itemized grant lists in IRS Form 990 filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $191K (2020) to $3.9M (2024). In 2024 it made 12 grants totaling $3.9M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Portland Foundation Trust Portland, IN | Early Learning Bldg | $3,598,456 |
| Jay School Corporation Portland, IN | General Support | $57,298 |
| Iu Health Jay Hospital Portland, IN | General Support | $56,283 |
| Arts Place Portland, IN | General Support | $34,481 |
| John Jay Center for Learning Portland, IN | General Support | $23,499 |
| Jay Community Center Portland, IN | General Support | $23,196 |
| West Jay Community Center Dunkirk, IN | General Support | $21,619 |
| Asbury United Methodist Church Portland, IN | General Support | $19,276 |
| Jay County Fair Association Portland, IN | General Support | $19,000 |
| Dunkirk Historical Society Dunkirk, IN | General Support | $18,570 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $26,221,348 | $5,542,258 | $4,643,114 | $3,901,837 | 12 | $1,367,001 |
| 2023 | $24,422,136 | $3,726,834 | $1,105,809 | $252,853 | 16 | $1,035,971 |
| 2022 | $19,236,092 | $1,042,006 | $1,122,328 | $310,817 | 11 | $511,734 |
| 2021 | $23,117,074 | $2,885,191 | $950,460 | $208,884 | 11 | $515,723 |
| 2020 | $18,482,662 | $855,542 | $776,441 | $190,574 | 8 | $362,512 |
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s stated mission is to “enhance the quality of life for the people of Jay County, Indiana, now and for generations to come,” through community endowment, grantmaking, and leadership on key community issues. It administers approximately 100 scholarship trusts for student scholarships in and around Jay County and administers grants for quality-of-life purposes.
Examples of supported organizations include the United Way of Jay County, whose stated mission is to improve lives by investing in lasting community changes; West Jay Community Center, which describes its work as providing social, recreational, and other activities for residents of the county and surrounding areas; Arts Place, which says it makes arts experiences, education, and services accessible to residents, artists, and cultural organizations; and John Jay Center for Learning, whose mission includes advancing lifelong-learning opportunities in Jay County.
Grantmaking
The available filing data lists zero grants for each of 2022, 2023, and 2024. In 2021, the foundation’s reported grants included $26,950 to United Way of Jay County Inc., $13,377 to West Jay Community Center Inc., $8,807 to Arts Place Inc., and $8,367 to John Jay Center for Learning Inc. These are examples, not a stated total or typical grant size.
The foundation’s filing describes post-award oversight for grants to nonprofit organizations: recipients must provide proof of project expenditure, sign an agreement restricting funds to the awarded project, and submit a written final report after spending the funds. The foundation also conducts on-site visits.
Leadership & Key People
Leadership team and compensation from IRS filings
Officers and directors listed on the 2024 filing include Jeremy Gulley, President; Kaleb Hemmelgarn, Vice Preside; Krista Muhlenkamp, Secretary/TR; Joshua Atkinson, Adam Homan, Richard Huffman, Audrey Muhlenkamp, Angela Paxson, and Mark Valentine, Directors; and Douglas Inman, Executive DI.
The Portland Foundation Inc is led by Jeremy Gulley, President since 2023 (on filings since 2020); 1 of 10 officers listed in 2024 is compensated.
Officers on the 2024 filing
Jeremy Gulley
President
Director → Vice President, 2021
Vice President → President, 2023
On filings since 2020
1 hr/week
No compensation reported
Audrey Muhlenkamp
Director
On filings since 2020
1 hr/week
No compensation reported
Adam Homan
Director
On filings since 2021
1 hr/week
No compensation reported
Angela Paxson
Director
On filings since 2022
1 hr/week
No compensation reported
Joshua Atkinson
Director
On filings since 2022
1 hr/week
No compensation reported
Mark Valentine
Director
On filings since 2023
1 hr/week
No compensation reported
Richard Huffman
Director
On filings since 2023
1 hr/week
No compensation reported
Douglas L. Inman
Executive Di
Executive Director → Executive Di, 2023
On filings since 2020
40 hrs/week
$53K (2020) → $58K (2024)
Kaleb Hemmelgarn
Vice President
Director → Vice President, 2023
On filings since 2020
1 hr/week
No compensation reported
Krista Muhlenkamp
Secretary
Director → Secretary & Treasurer, 2022
Secretary & Treasurer → Secretary, 2023
On filings since 2021
1 hr/week
No compensation reported
Former officers (6)
- Former: John Moore (2020–2022) — Director
- Former: Tammy Hanlin (2020–2022) — President
- Former: Rex Journay (2020–2021) — Immediate Past President
- Former: Rob Penrod (2020–2021) — Secretary & Treasurer
- Former: Krista Muhlenkmap (2020) — Director
- Former: Pat Bennett (2020) — Immediate Past President
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $58K, to Douglas Inman (Executive Di).
Frequently asked questions about The Portland Foundation Inc
How much does The Portland Foundation Inc give each year?
The Portland Foundation Inc gave $3.9M across 12 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $253K across 16 grants.
What is The Portland Foundation Inc's typical grant size?
The Portland Foundation Inc's median grant in 2024 was $22,408, and its average grant was $325,153, across 12 grants on its 2024 IRS Form 990. Organizations receiving their first grant from The Portland Foundation Inc that year got $1.8M on average.
Where does The Portland Foundation Inc give grants?
The Portland Foundation Inc gives mostly in Indiana: 100% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were Portland, IN (10 grants) and Dunkirk, IN (2 grants).
Does The Portland Foundation Inc give general operating support?
Yes: 92% of The Portland Foundation Inc's 2024 grants with a stated purpose (11 of 12) were for general or operating support, per its 2024 IRS Form 990.
Who are The Portland Foundation Inc's largest grantees?
The Portland Foundation Inc's largest 2024 grantees include The Portland Foundation Trust ($3,598,456), Jay School Corporation ($57,298) and Iu Health Jay Hospital ($56,283), according to its 2024 IRS Form 990. Together they received 95% of its itemized 2024 grant dollars.
How large is The Portland Foundation Inc?
The Portland Foundation Inc reported $26.2M in total assets on its 2024 IRS Form 990. Its revenue that year was $5.5M.
What does The Portland Foundation Inc fund?
The foundation’s stated mission is to “enhance the quality of life for the people of Jay County, Indiana, now and for generations to come,” through community endowment, grantmaking, and leadership on key community issues. See mission & focus areas ↑
How do I apply for a grant from The Portland Foundation Inc?
The Portland Foundation Inc has no public application process in the sources Grantable reviewed. Contact the foundation directly before submitting a request.
What is The Portland Foundation Inc's EIN?
The Portland Foundation Inc's EIN (Employer Identification Number) is 35-2019497. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
Data update history
(4)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2022 (received by the IRS August 21, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS October 24, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS October 14, 2025)
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). The Portland Foundation Inc funder profile. GrantGraph. Retrieved October 9, 2026, from https://grantable.co/funders/the-portland-foundation-inc-morg_33006bb7ef674edf80c1bc5d87b214e5
BibTeX
@misc{grantable_352019497_2026,
author = {{Grantable}},
title = {{The Portland Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-portland-foundation-inc-morg_33006bb7ef674edf80c1bc5d87b214e5},
note = {Accessed 2026-10-09. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The Portland Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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