Public Charity

OREGON WAVE ENERGY TRUST

OREGON WAVE ENERGY TRUST is a private foundation categorized as Public Charity based in PORTLAND, OR. Its most recent IRS filing (2019) reports revenue of $12K, expenses of $149K. Imperigo tracks 4 reported grants from this foundation totaling approximately $689K.

EIN: 208308559 PORTLAND, OR General Support NTEE: DEFAULT Latest filing: 2019
Total Revenue$12K
Total Expenses$149K
Grants Given4
Grant Total$689K
Filing Years2017–2019

Mission

THE MISSION OF THE OREGON WAVE ENERGY TRUST (OWET) IS TO BECOME A CENTRAL ENTITY FOR WAVE ENERGY-RELATED DEVELOPMENT IN OREGON. GUIDED BY ITS STAKEHOLDERS, THE OREGON WAVE ENERGY TRUST WILL BUILD AND SHARE THE EXPERTISE NEEDED TO SUPPORT AND ACCELERATE THE RESPONSIBLE DEVELOPMENT OF THE STATE'S EMERGING WAVE ENERGY INDUSTRY.

Sample Grants Given

PORTLAND, OR · 2019
CONTRIBUTING TO POET'S MISSION
$148,381
COLUMBIA POWER TECHNOLOGIES INC
CHARLOTTESVILLE, VA · 2018
MATCHING RESEARCH FUNDS
$8,170
OREGON STATE UNIVERSITY
CORVALLIS, OR · 2018
RESEARCH ON ANCHOR IMPACT
$5,000
PACIFIC OCEAN ENERGY TRUST
PORTLAND, OR · 2017
EXPAND OWET MISSION AND BUILD OR,WA,CA ENTITY WITH RELATED BUT BROADER MISSION ENCOMPASSING OTHER TYPES OF RENEWABLE POWER GENERATION
$527,821

Showing up to 5 of 4 total records — full history available with membership.

Officers & Directors

EXECUTIVE DIRECTOR Jason Busch
BOARD MEMBER Jimmy Lindsay
BOARD MEMBER Rebecca O'neil
PRESIDENT Robert Bailey

Officer compensation and complete director data available with membership.

Top Grant Purposes

EXPAND OWET MISSION AND BUILD OR,WA,CA ENTITY WITH RELATED BUT BROADER MISSION ENCOMPASSING OTHER TYPES OF RENEWABLE POWER GENERATION
$527,821 1 grant
CONTRIBUTING TO POET'S MISSION
$148,381 1 grant
MATCHING RESEARCH FUNDS
$8,170 1 grant
RESEARCH ON ANCHOR IMPACT
$5,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2019 $12K $149K
2018 $62K $55K $155K
2017 $975K $957K $212K

Between 2017 and 2019, reported annual revenue declined from $975K to $12K (-99%).

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in OR, VA.

ORVA

Full geographic grant map with state-by-state breakdown available with membership.

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