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Bernard & Sandra Ottermanfoundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2007. The principal officer is Foundation Source. It holds total assets of $5.1M. Annual income is reported at $2.6M. Total assets have grown from $198K in 2010 to $4.8M in 2022. The foundation is governed by 4 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 2018 to 2023. Funding is distributed across 4 states, including California, New York, Massachusetts. According to available records, Bernard & Sandra Ottermanfoundation has made 48 grants totaling $811K, with a median grant of $10K. Annual giving has grown from $107K in 2021 to $308K in 2023. Grantmaking activity was highest in 2022 with $396K distributed across 28 grants. Individual grants have ranged from $500 to $75K, with an average award of $17K. The foundation has supported 22 unique organizations. The foundation primarily supports organizations in Massachusetts, Oklahoma, Illinois, which account for 29% of all grants. Grantmaking reaches organizations across 9 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$8K
Average Grant
$14K
Largest Grant
$50K
Based on 14 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.
Bernard & Sandra Ottermanfoundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 48 grants. Its grantmaking reaches organizations primarily in MA, OK, IL.
Bernard & Sandra Ottermanfoundation has distributed a total of $811K across 48 grants. The median grant size is $10K, with an average of $17K. Individual grants have ranged from $500 to $75K.
Bernard & Sandra Ottermanfoundation typically selects its grantees rather than accepting unsolicited proposals.
Bernard & Sandra Ottermanfoundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 9 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michael Otterman | Treas | $0 | $0 | N/A |
| Sandra Otterman | Dir, Pres | $0 | $0 | N/A |
| Sharon Otterman Agashiwala | Dir, Sec | $0 | $0 | N/A |
| Michelle Emmett | Dir, Vice-Chair | $0 | $0 | N/A |
Total Giving
$352K
Total Assets
$4.8M
Fair Market Value
$6.6M
Net Worth
$4.8M
Grants Paid
$308K
Contributions
N/A
Net Investment Income
$86K
Distribution Amount
$302K
Total: $4.5M
Total Grants
48
Total Giving
$811K
Average Grant
$17K
Median Grant
$10K
Unique Recipients
22
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Facing History And Ourselves IncCombating Contemporary Antisemitism in the 21st Century | Boston, MA | $75K | 2023 |
| New Israel FundEmergency Action Plan fund 2023-2024: Phase 1 | Philadelphia, PA | $50K | 2023 |
| Center For Higher Education In The Middle East IncGeneral & Unrestricted | Cambridge, MA | $44K | 2023 |
| Pollinate GroupEmpowering marginalized women in India through a clean energy entrepreneurship model | Los Altos, CA | $40K | 2023 |
| Collaborative For Academic Social And Emotional LeGeneral & Unrestricted | Chicago, IL | $23K | 2023 |
| Trans Formative Schools IncAfterschool Program | New York, NY | $21K | 2023 |
| Center For Civilians In ConflictJustice for Civilian Harm in Somalia: Making US Amends Policy Responsive to Civilian Communities | Washington, DC | $20K | 2023 |
| Hofstra UniversityGeneral & Unrestricted | Hempstead, NY | $18K | 2023 |
| Friends Of Amal-TikvaGeneral & Unrestricted | Philadelphia, PA | $10K | 2023 |
| World Central Kitchen IncorporatedGeneral & Unrestricted | Washington, DC | $3K | 2023 |
| City Harvest IncGeneral & Unrestricted | Brooklyn, NY | $3K | 2023 |
| Partnership With Native AmericansGeneral & Unrestricted | Addison, TX | $1K | 2023 |
| Neo Philanthropy IncGeneral & Unrestricted | New York, NY | $1K | 2023 |
| American Cancer Society IncRwanda Pain Free Hospital Initiative | Oklahoma City, OK | $35K | 2022 |
| The Trevor Project IncGeneral & Unrestricted | West Hollywood, CA | $5K | 2022 |
| Wildlife Conservation SocietyGeneral & Unrestricted | Bronx, NY | $3K | 2022 |
| Direct ReliefGeneral & Unrestricted | Santa Barbara, CA | $3K | 2022 |
| Kratt Brothers Creature Hero SocietyGeneral & Unrestricted | Stowe, VT | $1K | 2022 |
| Sunnyside Community Services IncGeneral & Unrestricted | Sunnyside, NY | $1K | 2022 |
| Craft Emergency Relief Fund IncGeneral & Unrestricted | Montpelier, VT | $500 | 2022 |
| Holocaust Memorial & Educational Center Of NassauOne Act of Courage: Three Year Program | Glen Cove, NY | $33K | 2021 |
| Fund For Constitutional GovernmentPeace and Security Funder's Group | Washington, DC | $500 | 2021 |