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Ortega Charitable Foundation is a private trust based in WILMINGTON, DE. The foundation received its IRS ruling in 1988. The principal officer is Foundation Source. It holds total assets of $38.8M. Annual income is reported at $16.6M. Total assets have grown from $27.3M in 2011 to $38.2M in 2023. 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 2015 to 2023. The foundation primarily funds organizations in Florida and Georgia. According to available records, Ortega Charitable Foundation has made 9 grants totaling $6.3M, with a median grant of $11K. Annual giving has grown from $2M in 2020 to $4.3M in 2022. Individual grants have ranged from $4K to $2.1M, with an average award of $698K. The foundation has supported 4 unique organizations. Grants have been distributed to organizations in Florida and Georgia. Contributions to this foundation are tax-deductible.
Smallest Grant
$4K
Median Grant
$7K
Average Grant
$393K
Largest Grant
$1.9M
Based on 5 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.
Ortega Charitable Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 9 grants. Its grantmaking reaches organizations primarily in FL, GA.
Ortega Charitable Foundation has distributed a total of $6.3M across 9 grants. The median grant size is $11K, with an average of $698K. Individual grants have ranged from $4K to $2.1M.
Ortega Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Ortega Charitable Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Maria Elena Wollberg | Trustee | $0 | $0 | N/A |
Total Giving
$2.4M
Total Assets
$38.2M
Fair Market Value
$41.6M
Net Worth
$38.2M
Grants Paid
$2.1M
Contributions
N/A
Net Investment Income
$2M
Distribution Amount
$2M
Total: $31.7M
Total Grants
9
Total Giving
$6.3M
Average Grant
$698K
Median Grant
$11K
Unique Recipients
4
Most Common Grant
$2.1M
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Miami Foundation IncGeneral & Unrestricted | Miami, FL | $2.1M | 2022 |
| J GonzalezScholarship Grant | Miami, FL | $11K | 2022 |
| Jose Marti Foundation IncGeneral & Unrestricted | Coral Gables, FL | $50K | 2020 |
| K MoraScholarship grant | Athens, GA | $7K | 2020 |