Family Otulana Foundation is a private foundation focused on Health, based in RALEIGH, NC. IRS filing data is available for 2024. As of 2024, the organization holds $100K in total assets. In 2024, it made $7K in qualifying distributions.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$100K
Revenue
$100K
Qualifying Distributions
$7K
Expenses
$7K
Under IRS private-foundation payout rules, Family Otulana Foundation reported a distributable amount of $410 for 2024 — the minimum it must pay out in qualifying distributions.
About Family Otulana Foundation
Based on IRS filings
Family Otulana Foundation is a private foundation focused on Health, based in RALEIGH, NC. IRS filing data is available for 2024. As of 2024, the organization holds $100K in total assets. In 2024, it made $7K in qualifying distributions.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 |
|---|---|
| Total Assets | $100,000 |
| Revenue | $100,000 |
| Expenses | $6,663 |
| Qualifying Distributions | $6,663 |
| Net Investment Income | — |
| Distributable Amount | $410 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
0 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BABATUNDE OTULANA | CEO/PRESIDEN | 5 | — |
| MOSOPEFOLUWA OTULANA | CFO | 5 | — |
| JAVON FLUKER | SECRETARY | 5 | — |
| RANTIADE OTULANA | BOARD MEMBER | 5 | — |
| OLUWATOBI OTULANA | BOARD MEMBER | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Family Otulana Foundation?
Family Otulana Foundation is a private foundation focused on Health, based in RALEIGH, NC. It holds $100K in total assets as of 2024.
How large is Family Otulana Foundation?
As of 2024, Family Otulana Foundation holds $100K in total assets with $100K in annual revenue.
How much is Family Otulana Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Family Otulana Foundation reported a distributable amount of $410 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Family Otulana Foundation's EIN?
Family Otulana Foundation's EIN (Employer Identification Number) is 33-2350920. IRS Form 990 filing data is available on this page for 2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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