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Filing year 2024

OTTO FAMILY FOUNDATION

Myrtle Beach, South Carolina·EIN 92-1658709·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$56k
Total assets
$1.2M
Total expenses
$81k
Reported officers
1

Reported officers (all unpaid)

No paid executives reported in 2024. OTTO FAMILY FOUNDATION reported 1 unpaid officer or board member on its 990-PF.

Trustee

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$68k

Itemized grants

11

Median grant

$5k

RecipientLocationPurposeAmount
DAVIDSON COLLEGEDAVIDSON, NCPAYMENT FOR EDUCATON SUPPORT$27k
BRUNSWICK SCHOOLGREENWICH, CTPAYMENT TO SUPPORT LOCAL EDUCATION$10k
DUKE UNIVERSITYDURHAM, NCPAYMENT FOR EDUCATON SUPPORT$10k
WATERSIDE SCHOOLSTANFORD, CTPAYMENT TO SUPPORT LOCAL EDUCATION$5k
SOCIETY OF THE FOUR ARTSPALM BEACH, FLFOR EDUCATIONAL AND CULTURAL PROGRAMS IN THE ARTS.$5k
STJUDE CHILDREN'S HOSPITALNEW CANAAN, CTIN SUPPORT OF PROVIDNG MEDICAL SERVICES$5k
THE LORD'S PLACE INCWEST PALM BEACH, FLPAYMENT TO HELP PREVENT AND END HOMELESSNESS$3k
MIAMI CITY BALLETMIAMI BEACH, FLPAYMENT TO SUPPORT ASPIRING DANCERS.$1k
SHATTERPROOF A NONPROFIT CORPORATIONNORWALK, CTPAYMENT TO AIDE IN ADDICTION PREVENTION AND SUPPORT.$1k
COMMUNITY FUND OF DARIENDARIEN, CTTO SUPPORT THE CHARITABLE INITIATIVES OF THE COMMUNITY FUND OF DARIEN$1k
STAMFORD HOSPITAL FOUNDATIONSTAMFORD, CTIN SUPPORT OF PROVIDNG MEDICAL SERVICES$500
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

OTTO FAMILY FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.2M
$814
2023
$56k
$81k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in South Carolina

OTTO FAMILY FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in South Carolina earns a median of $36,000.

25th percentile
$11k
Median
$36,000
75th percentile
$92k
90th percentile
$245k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 187 organizations across 187 filings (2022 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for South Carolina
FAQ

Common questions about OTTO FAMILY FOUNDATION

What are OTTO FAMILY FOUNDATION's revenue and expenses?

In 2024, OTTO FAMILY FOUNDATION reported $56k in total revenue and $81k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.