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Opportunity Foundation is a private corporation based in CHICAGO, IL. The foundation received its IRS ruling in 1993. The principal officer is Pedersen & Houpt. It holds total assets of $508K. Annual income is reported at $505K. Total assets have decreased from $1.6M in 2011 to $672K in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of arts & culture. 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 6 states, including District of Columbia, Washington, Virginia. According to available records, Opportunity Foundation has made 15 grants totaling $839K, with a median grant of $1K. Annual giving has grown from $50K in 2022 to $789K in 2023. Individual grants have ranged from $1K to $465K, with an average award of $56K. The foundation has supported 7 unique organizations. The foundation primarily supports organizations in Virginia, District of Columbia, New Hampshire, which account for 40% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$2K
Average Grant
$38K
Largest Grant
$200K
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.
Opportunity Foundation primarily funds organizations in the area of arts & culture. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in VA, DC, NH.
Opportunity Foundation has distributed a total of $839K across 15 grants. The median grant size is $1K, with an average of $56K. Individual grants have ranged from $1K to $465K.
Opportunity Foundation typically selects its grantees rather than accepting unsolicited proposals.
Opportunity Foundation is headquartered in CHICAGO, IL. While based in IL, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Sherise Ritter | TRUSTEE | $0 | $0 | N/A |
| Daniel Cullen | PRESIDENT/TREASURER | $0 | $0 | N/A |
| Mary C Muehlstein | VICE PRESIDENT/SECRETARY | $0 | $0 | N/A |
Total Giving
$801K
Total Assets
$672K
Fair Market Value
$1.9M
Net Worth
$672K
Grants Paid
$789K
Contributions
N/A
Net Investment Income
$370K
Distribution Amount
$112K
Total Grants
15
Total Giving
$839K
Average Grant
$56K
Median Grant
$1K
Unique Recipients
7
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Institute For JusticeRATIONAL BASIS STRATEGY | Arlington, VA | $465K | 2023 |
| Cato InstituteSPHERE PROJECT | Washington, DC | $320K | 2023 |
| Program For Early Parent SupportGENERAL FUND | Seattle, WA | $2K | 2023 |
| American Council On Science And HealthGENERAL FUND | New York, NY | $1K | 2023 |
| Princeton First Aid And Rescue SquadGENERAL FUND | Princeton, NJ | $1K | 2023 |
| Cardigan Mountain SchoolGENERAL FUND | Canaan, NH | $20K | 2022 |
| The Heritage FoundationGENERAL FUND | Washington, DC | $1K | 2022 |