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Also known as: C/O WILLIAM BURAK
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Ochsman Foundation Inc. is a private corporation based in ROCKVILLE, MD. The foundation received its IRS ruling in 1998. It holds total assets of $8.3M. Annual income is reported at $1.8M. 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 2020 to 2023. According to available records, Ochsman Foundation Inc. has made 5 grants totaling $2.7M, with a median grant of $518K. The foundation has distributed between $481K and $1.1M annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $1.1M distributed across 2 grants. Individual grants have ranged from $481K to $573K, with an average award of $532K. Grant recipients are concentrated in Virginia. Contributions to this foundation are tax-deductible.
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.
Ochsman Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in VA.
Ochsman Foundation Inc. has distributed a total of $2.7M across 5 grants. The median grant size is $518K, with an average of $532K. Individual grants have ranged from $481K to $573K.
Ochsman Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Ochsman Foundation Inc. is headquartered in ROCKVILLE, MD.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| William Burak | DIRECTOR | $0 | $0 | N/A |
| Bruce David Ochsman | PRESIDENT | $0 | $0 | N/A |
Total Giving
$563K
Total Assets
$8.4M
Fair Market Value
$10.6M
Net Worth
$8.4M
Grants Paid
$516K
Contributions
N/A
Net Investment Income
$153K
Distribution Amount
$502K
Total: $7.7M
Total Grants
5
Total Giving
$2.7M
Average Grant
$532K
Median Grant
$518K
Unique Recipients
1
Most Common Grant
$573K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| VariousCHARITABLE (SEE ATTACHED SCHEDULE) | Various, VA | $516K | 2023 |
BALTIMORE, MD
OWINGS MILLS, MD
HANOVER, MD