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Obx Inc. is a private corporation based in PALM BEACH, FL. The foundation received its IRS ruling in 1993. It holds total assets of $9.1M. Annual income is reported at $385K. Total assets have grown from $381K in 2010 to $9.2M in 2022. The foundation is governed by 1 officer or trustee. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. Funding is distributed across 6 states, including Virginia, New York, Maryland. According to available records, Obx Inc. has made 56 grants totaling $2.4M, with a median grant of $25K. Annual giving has decreased from $1.7M in 2022 to $639K in 2023. Individual grants have ranged from $500 to $300K, with an average award of $42K. The foundation has supported 33 unique organizations. The foundation primarily supports organizations in Arizona, New York, Virginia, which account for 45% of all grants. Grantmaking reaches organizations across 11 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$100
Median Grant
$10K
Average Grant
$24K
Largest Grant
$200K
Based on 17 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.
Obx Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 56 grants. Its grantmaking reaches organizations primarily in AZ, NY, VA.
Obx Inc. has distributed a total of $2.4M across 56 grants. The median grant size is $25K, with an average of $42K. Individual grants have ranged from $500 to $300K.
Obx Inc. typically selects its grantees rather than accepting unsolicited proposals.
Obx Inc. is headquartered in PALM BEACH, FL. While based in FL, the foundation distributes grants to organizations across 11 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Oliver R Grace Jr | PRESIDENT | $0 | $0 | N/A |
Total Giving
$656K
Total Assets
$9.2M
Fair Market Value
$18.9M
Net Worth
$9.2M
Grants Paid
$639K
Contributions
N/A
Net Investment Income
$358K
Distribution Amount
$818K
Total: $9.1M
Total Grants
56
Total Giving
$2.4M
Average Grant
$42K
Median Grant
$25K
Unique Recipients
33
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Freedom FoundationCIVIC | Olympia, WA | $50K | 2023 |
| Bethesda By The SeaRELIGIOUS | Palm Beach, FL | $8K | 2023 |
| Turning Point FoundationCIVIC | Phoenix, AZ | $100K | 2023 |
| StandCIVIC | Suffolk, VA | $60K | 2023 |
| Prager UniversityEDUCATIONAL | Sherman Oaks, CA | $50K | 2023 |
| Cancer Research InstituteMEDICAL | New York, NY | $50K | 2023 |
| Stand FoundationCIVIC | Suffolk, VA | $50K | 2023 |
| The Manhattan InstituteCIVIC | New York, NY | $30K | 2023 |
| The Society Of The Four ArtsCIVIC | Palm Beach, FL | $25K | 2023 |
| Public Interest Legal FoundationCIVIC | Indianapolis, IN | $25K | 2023 |
| North Shore Land AllianceCIVIC | Oyster Bay, NY | $15K | 2023 |
| Cox Science CenterCIVIC | West Palm Beach, FL | $13K | 2023 |
| AlecCIVIC | Arlington, VA | $10K | 2023 |
| Institute For JusticeCIVIC | Arlington, VA | $10K | 2023 |
| Children Home SocietyCIVIC | Orlando, FL | $5K | 2023 |
| The Heritage FoundationCIVIC | Washington, DC | $5K | 2023 |
| Nashville BalletCIVIC | Nashville, TN | $5K | 2023 |
| Nashville SymphonyCIVIC | Nashville, TN | $5K | 2023 |
| St Georges ChurchRELIGIOUS | Nashville, TN | $4K | 2023 |
| 564 Park Ave Preservation FoundatioCIVIC | New York City, NY | $2K | 2023 |
| Red Sneaker For OakleyCIVIC | Palm Beach, FL | $2K | 2023 |
| Preservation Long IslandCIVIC | Cold Spring Harbor, NY | $1K | 2023 |
| Meals On WheelsCIVIC | West Palm Beach, FL | $500 | 2023 |
| Turning Point UsaCIVIC | Phoenix, AZ | $300K | 2022 |
| BlexitCIVIC | Washington Dc, DC | $50K | 2022 |
| Consevative Partnership InstituteCIVIC | Washington Dc, DC | $50K | 2022 |
| Independent Womens ForumCIVIC | Winchester, VA | $25K | 2022 |
| Acu FoundationCIVIC | Abilene, TX | $20K | 2022 |
| Convention Of States FoundationCIVIC | Houston, TX | $10K | 2022 |
| Yale UniversityEDUCATIONAL | New Haven, CT | $5K | 2022 |