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The Oscar J Tolmas Charitable Trust is a private trust based in METAIRIE, LA. The foundation received its IRS ruling in 2014. It holds total assets of $58M. Annual income is reported at $16.4M. Total assets have grown from $661 in 2014 to $57.7M in 2023. The foundation is governed by 2 officers and trustees. To assist 55 tax exempt organizations with their tax exempt missions (see schedule of donations). According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Louisiana. According to available records, The Oscar J Tolmas Charitable Trust has made 185 grants totaling $8.4M, with a median grant of $26K. Annual giving has grown from $3M in 2021 to $5.3M in 2022. Individual grants have ranged from $1K to $555K, with an average award of $45K. The foundation has supported 74 unique organizations. Grants have been distributed to organizations in Louisiana and Texas and Mississippi. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$25K
Average Grant
$44K
Largest Grant
$310K
Based on 57 grants from the most recent 990-PF filing.
To assist 71 tax exempt organizations with their tax exempt missions (see schedule of donations)
Expenses: $2.5M
To assist 55 tax exempt organizations with their tax exempt missions (see schedule of donations). Based on available records, the foundation has funded 185 grants. Its grantmaking reaches organizations primarily in LA, TX, MS.
The Oscar J Tolmas Charitable Trust has distributed a total of $8.4M across 185 grants. The median grant size is $26K, with an average of $45K. Individual grants have ranged from $1K to $555K.
The Oscar J Tolmas Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
The Oscar J Tolmas Charitable Trust is headquartered in METAIRIE, LA. While based in LA, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Vincent J Giardina Cpa | PRESIDENT/ TRUSTEE | $306K | $31K | $362K |
| Lisa N Romano Cpa | VICE-PRESIDENT/ TRUSTEE | $254K | $25K | $308K |
Total Giving
$3.6M
Total Assets
$57.7M
Fair Market Value
$69.9M
Net Worth
$57.7M
Grants Paid
$2.5M
Contributions
N/A
Net Investment Income
$3.5M
Distribution Amount
$3.2M
Total: $23.7M
Total Grants
185
Total Giving
$8.4M
Average Grant
$45K
Median Grant
$26K
Unique Recipients
74
Most Common Grant
$50K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Volunteers Of America Southeast LaTO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION | New Orleans, LA | $322K | 2022 |
| Bridge House CorporationTO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION | New Orleans, LA | $175K | 2022 |
| National Ww Ii MuseumTO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION | New Orleans, LA | $150K | 2022 |
| WyesTO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION | New Orleans, LA | $125K | 2022 |
| Beth IsraelTO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION | Metairie, LA | $101K | 2022 |
| Jewish Federation Of Greater New OrleansTO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION | Metairie, LA | $90K | 2022 |
| Friends Of City ParkTO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION | New Orleans, LA | $90K | 2022 |
| Jewish Children'S Regional ServiceTO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION | Metairie, LA | $83K | 2022 |
| Kelly Gibson FoundationTO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION | Mandeville, LA | $83K | 2022 |
| Options IncTO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION | Hammond, LA | $77K | 2022 |
| St Michael Special SchoolTO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION | New Orleans, LA | $70K | 2022 |
| YepTO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION | New Orleans, LA | $60K | 2022 |
| Uno FoundationTO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION | New Orleans, LA | $60K | 2022 |
| Community Sailing Of New OrleansTO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION | New Orleans, LA | $50K | 2022 |
| NochiTO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION | Metairie, LA | $50K | 2022 |
| Boys And Girls Clubs Of Metro LaTO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION | New Orleans, LA | $50K | 2022 |
| Cafe ReconcileTO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION | New Orleans, LA | $50K | 2022 |
| NextopTO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION | Houston, TX | $50K | 2022 |
| Louisiana Philharmonic OrchestraTO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION | New Orleans, LA | $50K | 2022 |
| New Heights Therapy CenterTO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION | Folsom, LA | $50K | 2022 |
| Angel'S PlaceTO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION | Metairie, LA | $45K | 2022 |
| ArcTO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION | Metairie, LA | $43K | 2022 |
| New Orleans Ballet AssociationTO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION | New Orleans, LA | $40K | 2022 |
| Children'S Advocacy Center - Hope HouseTO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION | Covington, LA | $40K | 2022 |
| Hillel Foundation Of NoTO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION | New Orleans, LA | $36K | 2022 |
NEW ORLEANS, LA
METAIRIE, LA
LAFAYETTE, LA