The Portage Foundation

Mission

The Portage Foundation is building a thriving and dynamic community for Portage County and the region. We inspire philanthropy, build endowments, impact causes and foster projects, and engage community leaders.

Vision

INSPIRE - Harnessing the power of local philanthropists to inspire a culture of giving within the Portage County community IMPACT - Utilizing the strength of our mission to positively impact the lives of residents both now and in the long-term ENGAGE - Building connections within existing organizations and residents to help create a more resilient community

Goals

1.Ensure Financial Sustainability for the Portage Foundation for Operational & Long-Term Growth through the development of new relationships, diversifying fund options, and expanding our overall donor base
2.Enhance Organizational Capacity and Stability through building active board engagement, increasing professional development of staff, and identifying ways to improve organizational efficiencies.
3.We will strengthen our brand by increasing our public visibility and by highlighting the Foundation’s role as a grant maker, philanthropic partner and community connector.

Ravenna OH | EIN: 34-1176817

Profile managed by nonprofit | Is this your nonprofit?

501(c)(3) organization

6693 N CHESTNUT STREET, Suite 268-B,
Ravenna OH 44266-3922

https://PORTAGEFOUNDATION.ORG

330-470-8950

The Portage Foundation

Mission

Vision

Goals

1.Ensure Financial Sustainability for the Portage Foundation for Operational & Long-Term Growth through the development of new relationships, diversifying fund options, and expanding our overall donor base
2.Enhance Organizational Capacity and Stability through building active board engagement, increasing professional development of staff, and identifying ways to improve organizational efficiencies.
3.We will strengthen our brand by increasing our public visibility and by highlighting the Foundation’s role as a grant maker, philanthropic partner and community connector.

Ravenna OH | EIN: 34-1176817

Profile managed by nonprofit | Is this your nonprofit?

501(c)(3) organization

6693 N CHESTNUT STREET, Suite 268-B,
Ravenna OH 44266-3922

https://PORTAGEFOUNDATION.ORG

330-470-8950

Beacon Report

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Good
Needs Improvement
Poor
Not Scored
Additional Information

Program Expense Ratio:65.94% of total expenses

SCORE80%

Average percentage of expenses on programs and services over the past three years. A ratio greater than 70.00% receives full credit.

ExpensesFY2022

Administrative: 27.6%
Fundraising: 12.9%
Program: 59.5%

ExpensesFY2023

Administrative: 16.1%
Fundraising: 8.3%
Program: 75.6%

ExpensesFY2024

Administrative: 29.7%
Fundraising: 15.3%
Program: 55.0%

Administrative
Fundraising
Program

Source: Public data from IRS Form 990

Liabilities to Assets Ratio:19.72% of total assets

SCORE100%

Evaluation area metrics
Score	Metric
80%	Program Expense Ratio:65.94% of total expenses Average percentage of expenses on programs and services over the past three years. A ratio greater than 70.00% receives full credit. ExpensesFY2022 Administrative: 27.6% Fundraising: 12.9% Program: 59.5% ExpensesFY2023 Administrative: 16.1% Fundraising: 8.3% Program: 75.6% ExpensesFY2024 Administrative: 29.7% Fundraising: 15.3% Program: 55.0% Administrative Fundraising Program Source: Public data from IRS Form 990
100%	Liabilities to Assets Ratio:19.72% of total assets

Science behind the numbers

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Mission

Mission

Beacon Report