The Portland Foundation Inc

PORTLAND, IN EIN: 35-2019497

ENHANCE THE QUALITY OF LIFE FOR THE PEOPLE OF JAY COUNTY, INDIANA, NOW AND FOR GENERATIONS TO COME, BY BUILDING COMMUNITY ENDOWMENT, EFFECTING SIGNIFICANT IMPACT THROUGH GRANTMAKING AND PROVIDING LEADERSHIP ON KEY COMMUNITY ISSUES.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$26.2M

+7.4% YoY

Revenue

$5.5M

+48.7% YoY

Net Investment Income

$1.4M

+32.0% YoY

Expenses

$4.6M

+319.9% YoY

About The Portland Foundation Inc

Based on IRS filings

The Portland Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in PORTLAND, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $26.2M in total assets. Net investment income was $1.4M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

AlbanyDunkirkPortland

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$3M$5M$6M20202021202220232024
Metric202420232022
Total Assets$26,221,348$24,422,136$19,236,092
Revenue$5,542,258$3,726,834$1,042,006
Expenses$4,643,114$1,105,809$1,122,328
Qualifying Distributions
Net Investment Income$1,367,001$1,035,971$511,734
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$52K$104K$157K$209K8 grants202011 grants20210 grants20220 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

19 grants across all recorded years

18<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

DOUGLAS INMANEXECUTIVE DI$58K

From 2024 filing

NameTitleHoursCompensation
JEREMY GULLEYPRESIDENT1
KALEB HEMMELGARNVICE PRESIDE1
KRISTA MUHLENKAMPSECRETARY/TR1
JOSHUA ATKINSONDIRECTOR1
ADAM HOMANDIRECTOR1
RICHARD HUFFMANDIRECTOR1
AUDREY MUHLENKAMPDIRECTOR1
ANGELA PAXSONDIRECTOR1
MARK VALENTINEDIRECTOR1
DOUGLAS INMANEXECUTIVE DI40$58,322

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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