Oregon Zoo Foundation
The Oregon Zoo Foundation is “an independent nonprofit that encourages charitable giving in order to advance the zoo’s mission” (Oregon Zoo, 2015). This organization is what makes the Oregon Zoo stay up and working year after year. The foundation provides around $3 million a year through individual donations, corporation partnerships, grants and special events. The foundation has been providing these services of over $52 million since 1997. A Form 990 “is an annual reporting return that certain federal tax-exempt organizations must file with the IRS. It provides information on the filing organization’s missions, programs and finances” (GuideStar, 2015). Looking into their Form 990, it becomes clearer to see what exactly how the Oregon Zoo Foundation allocates their money. It is broken down into sections showing their activities, revenue and expenses, and their net assets and fund balances.
ACTG 470 Accounting for Non-Profit Organizations
Stacey Lewis
P103
1 – 3 PM