Keith and Mildred Otterman Scholarship Tua

BIRMINGHAM, AL EIN: 35-2033167

Keith and Mildred Otterman Scholarship Tua is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BIRMINGHAM, AL. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $660K in total assets. In 2025, it awarded 1 grants totaling $29K. Net investment income was $40K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$660K

+1.1% YoY

Annual Giving

$29K

+6.5% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$29K

+6.5% YoY

Under IRS private-foundation payout rules, Keith and Mildred Otterman Scholarship Tua reported a distributable amount of $38K for 2025 — the minimum it must pay out in qualifying distributions.

About Keith and Mildred Otterman Scholarship Tua

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Indiana $178K (100%)

States

Indiana

Cities

Frankfort

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2025	2024	2023
Total Assets	$660,160	$652,678	$629,116
Revenue	$44,204	$56,940	$15,905
Expenses	$36,660	$33,546	$51,954
Qualifying Distributions	$30,927	$29,154	$46,527
Net Investment Income	$39,749	$51,933	$11,934
Distributable Amount	$38,496	$35,195	$34,582

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2025

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Community Schools of Frankfort ($28,893).

Recipient	Purpose	Amount
COMMUNITY SCHOOLS OF FRANKFORT FRANKFORT, IN	GENERAL OPERATING	$28,893

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

Name	Title	Hours	Compensation
REGIONS BANK	TRUSTEE	1	$5,170

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Keith and Mildred Otterman Scholarship Tua?

Keith and Mildred Otterman Scholarship Tua is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BIRMINGHAM, AL. It holds $660K in total assets as of 2025.

How large is Keith and Mildred Otterman Scholarship Tua?

As of 2025, Keith and Mildred Otterman Scholarship Tua holds $660K in total assets with $44K in annual revenue. It awarded 1 grants totaling $29K in 2025.

Where does Keith and Mildred Otterman Scholarship Tua operate?

Keith and Mildred Otterman Scholarship Tua has awarded grants in Indiana.

What size grants does Keith and Mildred Otterman Scholarship Tua award?

In 2025, Keith and Mildred Otterman Scholarship Tua awarded 1 grants totaling $29K — an average of about $29K per grant, based on its IRS Form 990 filings.

How much is Keith and Mildred Otterman Scholarship Tua required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Keith and Mildred Otterman Scholarship Tua reported a distributable amount of $38K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Keith and Mildred Otterman Scholarship Tua's EIN?

Keith and Mildred Otterman Scholarship Tua's EIN (Employer Identification Number) is 35-2033167. IRS Form 990 filing data is available on this page for 2021–2025.