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Also known as: Individual Opportunity Inc
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Foundation For The Promotion Of Individual Opportunity Inc. is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2011. The principal officer is Foundation Source. It holds total assets of $1.4M. Annual income is reported at $230K. Total assets have grown from $1.1M in 2011 to $1.4M in 2023. The foundation is governed by 2 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. Funding is distributed across 7 states, including Maryland, New York, Washington. According to available records, Foundation For The Promotion Of Individual Opportunity Inc. has made 29 grants totaling $153K, with a median grant of $3K. Annual giving has decreased from $96K in 2022 to $57K in 2023. Individual grants have ranged from $1K to $20K, with an average award of $5K. The foundation has supported 12 unique organizations. The foundation primarily supports organizations in Iowa, Maryland, Washington, which account for 62% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$3K
Average Grant
$5K
Largest Grant
$20K
Based on 9 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.
Foundation For The Promotion Of Individual Opportunity Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 29 grants. Its grantmaking reaches organizations primarily in IA, MD, WA.
Foundation For The Promotion Of Individual Opportunity Inc. has distributed a total of $153K across 29 grants. The median grant size is $3K, with an average of $5K. Individual grants have ranged from $1K to $20K.
Foundation For The Promotion Of Individual Opportunity Inc. typically selects its grantees rather than accepting unsolicited proposals.
Foundation For The Promotion Of Individual Opportunity Inc. is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 8 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Charles M Ober | Pres, Dir, Sec | $0 | $0 | N/A |
| Jacqueline Ober | VP | $0 | $0 | N/A |
Total Giving
$77K
Total Assets
$1.4M
Fair Market Value
$1.3M
Net Worth
$1.4M
Grants Paid
$57K
Contributions
N/A
Net Investment Income
$57K
Distribution Amount
$61K
Total Grants
29
Total Giving
$153K
Average Grant
$5K
Median Grant
$3K
Unique Recipients
12
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Mercy CorpsFor the people of Ukraine | Boone, IA | $16K | 2023 |
| Big Life Foundation UsaGeneral & Unrestricted | Ridgefield, WA | $8K | 2023 |
| Alliance For Open Society International IncBaltimore Division fund | Baltimore, MD | $5K | 2023 |
| Calvert School IncInstitute for Leadership & Purpose | Baltimore, MD | $5K | 2023 |
| Bryn Mawr School For Girls Of Baltimore CityGeneral & Unrestricted | Baltimore, MD | $5K | 2023 |
| Youth As Resources IncGeneral & Unrestricted | Baltimore, MD | $5K | 2023 |
| Chi Psi Educational Trust IncDesignated Fund Psi (Cornell) | Nashville, TN | $3K | 2023 |
| Gilman School IncGeneral & Unrestricted | Baltimore, MD | $3K | 2023 |
| Youth Advocate Programs IncBaltimore chapter fund | Harrisburg, PA | $3K | 2023 |
| Church Of The RedeemerGeneral & Unrestricted | Baltimore, MD | $2K | 2023 |
| Virgin Islands Montessori School IncGeneral & Unrestricted | St Thomas, VI | $2K | 2023 |
| Dana Farber Cancer Institute IncPediatric Cancer Research | Boston, MA | $1K | 2022 |