Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Fitsen Inc. is a private corporation based in MEDFORD, OR. The foundation received its IRS ruling in 2016. The principal officer is William Mengershausen. It holds total assets of $191K. Annual income is reported at $106K. Total assets have grown from $12K in 2015 to $142K in 2023. The foundation is governed by 5 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Oregon and Georgia. According to available records, Fitsen Inc. has made 12 grants totaling $114K, with a median grant of $10K. Annual giving has grown from $32K in 2020 to $47K in 2022. Individual grants have ranged from $3K to $15K, with an average award of $9K. The foundation has supported 7 unique organizations. Grants have been distributed to organizations in Oregon and Minnesota and Georgia. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$10K
Average Grant
$9K
Largest Grant
$15K
Based on 5 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Fitsen Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in OR, MN, GA.
Fitsen Inc. has distributed a total of $114K across 12 grants. The median grant size is $10K, with an average of $9K. Individual grants have ranged from $3K to $15K.
Fitsen Inc. typically selects its grantees rather than accepting unsolicited proposals.
Fitsen Inc. is headquartered in MEDFORD, OR. While based in OR, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Julie Giblin | VICE PRESIDE | $0 | $0 | N/A |
| Karolyn Mengershausen | SECRETARY | $0 | $0 | N/A |
| Katie Shutz | VICE PRESIDE | $0 | $0 | N/A |
| William Mengershausen | TREASURER | $0 | $0 | N/A |
| Ron Giblin | PRESIDENT | $0 | $0 | N/A |
Total Giving
$51K
Total Assets
$142K
Fair Market Value
N/A
Net Worth
$142K
Grants Paid
$51K
Contributions
$100K
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
12
Total Giving
$114K
Average Grant
$9K
Median Grant
$10K
Unique Recipients
7
Most Common Grant
$11K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Multnohmah UniversityScholarship | Portland, OR | $15K | 2022 |
| Jon BetzScholarship | Portland, OR | $11K | 2022 |
| Western Mennonite Christian SchoolScholarship | Salem, OR | $10K | 2022 |
| Loann HwangMinistry SupportFor Emery College | Lawrenceville, GA | $7K | 2022 |
| Brad And Michelle BattlesTransport for Medical Care | Hillsboro, OR | $5K | 2022 |
| Steve DavisMedical ExpenseAssistance | Jordan, MN | $11K | 2021 |
| Western SeminaryScholarship | Portland, OR | $3K | 2021 |