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Otfinoski Family Foundation is a private trust based in OLD LYME, CT. The foundation received its IRS ruling in 2019. It holds total assets of $81K. Annual income is reported at $13K. Total assets have decreased from $263K in 2011 to $81K in 2023. 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 2019 to 2024. According to available records, Otfinoski Family Foundation has made 6 grants totaling $28K, with a median grant of $5K. The foundation has distributed between $8K and $12K annually from 2021 to 2024. Grantmaking activity was highest in 2023 with $12K distributed across 4 grants. Individual grants have ranged from $1K to $8K, with an average award of $5K. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in Illinois and Connecticut. 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.
Otfinoski Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in IL, CT.
Otfinoski Family Foundation has distributed a total of $28K across 6 grants. The median grant size is $5K, with an average of $5K. Individual grants have ranged from $1K to $8K.
Otfinoski Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Otfinoski Family Foundation is headquartered in OLD LYME, CT. While based in CT, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| David A Otfinoski | TRUSTEE | $0 | $0 | N/A |
| Maria C Otfinoski | TRUSTEE | $0 | $0 | N/A |
Total Giving
$10K
Total Assets
$81K
Fair Market Value
$85K
Net Worth
$81K
Grants Paid
$8K
Contributions
N/A
Net Investment Income
$3K
Distribution Amount
$4K
Total Grants
6
Total Giving
$28K
Average Grant
$5K
Median Grant
$5K
Unique Recipients
2
Most Common Grant
$8K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| North Park UniversityGENERAL FUND | Chicago, IL | $8K | 2024 |
| Haddam Neck Covenant ChurchGENERAL FUND | East Hampton, CT | $1K | 2023 |