Bernard and Sandra Otterman Foundation
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
14
+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
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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| 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
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.
Explore Open Grants
Browse active grant opportunities in Bernard and Sandra Otterman Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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