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- EIN 93-6041618
- (541) 482-2111
- Po Box 158 Ashland OR 97520-0158 USA
- www.osfashland.org
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Nonprofit Overview
Causes: Arts & Culture, Single Organization Support
Mission: To provide support for the oregon shakespeare festival association, a publicly-supported 501(c)(3) organization.
Programs: 'support for the oregon shakespeare festival association: the endowment fund exists to invest certain assets for the benefit of the oregon shakespeare festival association, a separate 501(c)(3) organization. The fund receives contributions for this purpose, including donor restricted gifts, invests these contributions utilizing professional advice and modern portfolio management techniques, including a diversified asset allocation, and annually distributes to the festival between 4% and 7% of its assets, calculated on the basis of a moving average of recent asset balances. Designed to supplement but not supplant the operating revenues of the festival, over the past fourteen years, the fund has distributed approximately $21 million to the festival with the payout for fiscal year 2016 totaling $2,185,729. Through its sustaining support, the endowment fund helps provide long-term fiscal viability to the festival, thus enabling the festival to continue to pursue excellence in presenting live theatre to annual audiences of approximately 398,000 and educational events to over 100,000.