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Opalack Foundation is a private corporation based in WASHINGTON, DC. The foundation received its IRS ruling in 2005. The principal officer is Paul Opalack. It holds total assets of $1.8M. Annual income is reported at $629K. Total assets have grown from $702K in 2011 to $1.8M in 2023. The foundation is governed by 1 officer or trustee. 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. The foundation primarily funds organizations in Maryland, District of Columbia and Pennsylvania. According to available records, Opalack Foundation has made 48 grants totaling $281K, with a median grant of $2K. The foundation has distributed between $58K and $92K annually from 2020 to 2023. Grantmaking activity was highest in 2021 with $92K distributed across 12 grants. Individual grants have ranged from $250 to $50K, with an average award of $6K. The foundation has supported 18 unique organizations. The foundation primarily supports organizations in Pennsylvania, Maryland, Michigan, which account for 56% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$2K
Average Grant
$8K
Largest Grant
$50K
Based on 12 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.
Opalack Foundation 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 PA, MD, MI.
Opalack Foundation has distributed a total of $281K across 48 grants. The median grant size is $2K, with an average of $6K. Individual grants have ranged from $250 to $50K.
Opalack Foundation typically selects its grantees rather than accepting unsolicited proposals.
Opalack Foundation is headquartered in WASHINGTON, DC. While based in DC, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Paul Opalack | DIRECTOR, PR | $0 | $0 | N/A |
Total Giving
$185K
Total Assets
$1.8M
Fair Market Value
$2.7M
Net Worth
$386K
Grants Paid
$67K
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
$60K
Total Grants
48
Total Giving
$281K
Average Grant
$6K
Median Grant
$2K
Unique Recipients
18
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| United HelpGENERAL USE | Gaithersburg, MD | $12K | 2023 |
| Dupont Sacred HeartGENERAL USE | Dupont, PA | $26K | 2023 |
| American Assn For Cancer ResearchGENERAL USE | Philadelphia, PA | $10K | 2023 |
| Inner City - Inner ChildGENERAL PURPOSE | Washington, DC | $8K | 2023 |
| The Fishing SchoolGENERAL USE | Washington, DC | $5K | 2023 |
| Word Dance TheaterGENERAL USE | Bethesda, MD | $1K | 2023 |
| Polish American Foundation Of MiamiGENERAL USE | Miami, FL | $1K | 2023 |
| Ridge VfdGENERAL USE | Ridge, MD | $1K | 2023 |
| St Mary'S County FoundationGENERAL USE | St Marys City, MD | $1K | 2023 |
| Halcyon HouseGENERAL USE | Washington, DC | $1K | 2023 |
| Historic St Mary'S City FndGENERAL USE | St Marys City, MD | $1K | 2023 |
| The Phillips CollectionGENERAL USE | Washington, DC | $250 | 2023 |
| United Help UkraineGENERAL USE | Gaithersburg, MD | $20K | 2022 |
| Pocono VfdGENERAL USE | Tannersiville, PA | $1K | 2022 |
| Citizens Association Of GeorgetownGENERAL USE | Washington, DC | $700 | 2022 |
| Dumbarton Oaks Historical SocietyGENERAL USE | Washington, DC | $500 | 2022 |
| Heal AfricaARTERNISIA AFRA PLANT RESEARCH | Caledonia, MI | $50K | 2021 |
| St Michaels SchoolGENERAL USE | Ridge, MD | $500 | 2020 |