Portland Ice Skating Club Foundation
Founded in 2007

Originating through revenue generated by the 2005 State Farm U.S. Figure Skating National Championships, the Portland Ice Skating Club Foundation was founded as a resource for the Portland Ice Skating Club. Hundreds of dedicated skating volunteers from the member clubs of the Oregon Skating Council, including many from the Portland Ice Skating Club, contributed to the success of the 2005 National Championships. The result was a four-way distribution of profits. This Foundation was established to use its portion of the Championships' profits to support the programs of the Portland Ice Skating Club.

Past Grants include:

The purpose of the Foundation is to make grants to support and promote the sport of figure skating on ice by skaters in the Portland metropolitan area through activities of the Portland Ice Skating Club, Inc.

The mission of the Foundation shall be to support the Portland Ice Skating Club, an Oregon nonprofit corporation, to enable it to fulfill its mission to assist children and adults through the sport of figure skating.

The support of the Foundation will be through grants awarded to specifically identified educational programs, training programs and similar activities open to all skaters who are members of the club or of US Figure Skating or who are otherwise qualified to participate in its activities.

Grant Criteria
Portland Ice Skating Club Foundation grants are designed to support diverse projects with a broad impact on skaters in the Portland metro area. Grants are not designed for annual budgeted operating expenses or skater funding. The project should be able to be completed within 12 months from the time of its award and requests will be considered based upon funds available at that time.

General Information
The Foundation has been funded with an initial sum of money to invest and reinvest to generate income from which grants may be made. In addition, the Foundation may receive gifts, grants and bequests from private persons, corporations, charities, educational institutions, community organizations, nonprofit groups and government entities. The Foundation may from time to time conduct fund raising activities to generate capital and donations. This "private foundation" as defined in IRS Section 503, shall distribute its income and, when necessary, amounts from principal at such time and in such manner as not to subject the corporation to taxes on failure to distribute income imposed by IRS Section 4942.

The Portland Ice Skating Club Foundation is a tax-exempt organization pursuant to Section 501(c)(3) of the Internal Revenue Code of 1986, as amended. For grant applications, including the complete rules for submitting request, please contact a PISC Foundation board member.