Bernard and Sandra Otterman Foundation

WILMINGTON, DE EIN: 26-0705785

Bernard and Sandra Otterman Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.9M in total assets. In 2024, it awarded 14 grants totaling $299K. Net investment income was $407K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.9M

+2.2% YoY

Annual Giving

$299K

-3.2% YoY

Grant Count

+7.7% YoY

Avg Grant Size

$21K

-10.1% YoY

Under IRS private-foundation payout rules, Bernard and Sandra Otterman Foundation reported a distributable amount of $346K for 2024 — the minimum it must pay out in qualifying distributions.

About Bernard and Sandra Otterman Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Massachusetts $308K (30%)

New York $145K (14%)

California $136K (13%)

District of Columbia $126K (12%)

Pennsylvania $125K (12%)

Oklahoma $105K (10%)

Illinois $83K (8%)

Vermont $3K (0%)

+1 more states

States

California District of Columbia Illinois Massachusetts New York Oklahoma Pennsylvania Texas Vermont

Cities

AddisonBerkeleyBostonBronxBrooklineBrooklynBurlingtonCambridgeChicagoGlen CoveHempsteadLos AltosLos AngelesMontpelierNew YorkOklahoma CityPhiladelphiaSan FranciscoSanta BarbaraStowe

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$4,888,932	$4,782,953	$5,122,241
Revenue	$435,087	$12,944	$360,845
Expenses	$350,108	$352,232	$258,216
Qualifying Distributions	$322,730	$325,759	$228,675
Net Investment Income	$407,376	$85,646	$333,404
Distributable Amount	$345,650	$302,105	$327,257

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

57 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Facing History and Ourselves Inc ($75,000), Pollinate Group ($51,000), Center for Civilians in Conflict ($50,000).

Recipient	Purpose	Amount
BY ALL MEANS LEADERSHIP ALLIANCE INC BROOKLYN, NY	General & Unrestricted	$1,000
CENTER FOR CIVILIANS IN CONFLICT WASHINGTON, DC	US EWIPA Policy and Community-Based Amends Guiding Principles Project	$50,000
CENTER FOR HIGHER EDUCATION IN THE MIDDLE EAST INC CAMBRIDGE, MA	2024 Operating Costs/General Support	$9,459
CITY PARKS FOUNDATION INC NEW YORK, NY	Tree Guard Grant	$2,244
COLLABORATIVE FOR ACADEMIC SOCIAL AND EMOTIONAL LE CHICAGO, IL	Underwrite and support equitable access to the 2023 Social and Emotional Learning Exchange	$20,000
FACING HISTORY AND OURSELVES INC BOSTON, MA	Combating Contemporary Antisemitism in the 21st Century	$75,000
HOFSTRA UNIVERSITY HEMPSTEAD, NY	General & Unrestricted	$8,891
NADIAS INITIATIVE INC WASHINGTON, DC	establishment of the Women's Centre, specifically for the provision of mental health and psychosocial support, to include hiring and training of trauma counselors in the community, in partnership with the Center for Victims of Torture	$2,000
NEO PHILANTHROPY INC NEW YORK, NY	Peace and Security Funders Group for 2024 Membership Support	$5,000
NEW ISRAEL FUND PHILADELPHIA, PA	Urgent Needs Fund	$50,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
Sharon Otterman Agashiwala	Dir, Sec	1	—
Michael Otterman	Treas	1	—
Michelle Otterman	Dir, Vice-Chair	1	—
Sandra Otterman	Dir, Pres	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Bernard and Sandra Otterman Foundation?

Bernard and Sandra Otterman Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $4.9M in total assets as of 2024.

How large is Bernard and Sandra Otterman Foundation?

As of 2024, Bernard and Sandra Otterman Foundation holds $4.9M in total assets with $435K in annual revenue. It awarded 14 grants totaling $299K in 2024.

Where does Bernard and Sandra Otterman Foundation operate?

Bernard and Sandra Otterman Foundation has awarded grants in California, District of Columbia, Illinois, Massachusetts, New York, Oklahoma, Pennsylvania, Texas, Vermont.

What size grants does Bernard and Sandra Otterman Foundation award?

In 2024, Bernard and Sandra Otterman Foundation awarded 14 grants totaling $299K — an average of about $21K per grant, based on its IRS Form 990 filings.

How much is Bernard and Sandra Otterman Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Bernard and Sandra Otterman Foundation reported a distributable amount of $346K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Bernard and Sandra Otterman Foundation's EIN?

Bernard and Sandra Otterman Foundation's EIN (Employer Identification Number) is 26-0705785. IRS Form 990 filing data is available on this page for 2020–2024.