Michael a Obannon Foundation
Michael a Obannon Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAS VEGAS, NV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.3M in total assets. In 2024, it awarded 6 grants totaling $508K. Net investment income was $540K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.3M
-1.7% YoY
Annual Giving
$508K
+9.2% YoY
Grant Count
6
-14.3% YoY
Avg Grant Size
$85K
+27.4% YoY
Under IRS private-foundation payout rules, Michael a Obannon Foundation reported a distributable amount of $645K for 2024 — the minimum it must pay out in qualifying distributions.
About Michael a Obannon Foundation
Based on IRS filings
Michael a Obannon Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAS VEGAS, NV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.3M in total assets. In 2024, it awarded 6 grants totaling $508K. Net investment income was $540K.
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 | $4,253,574 | $4,328,280 | $4,529,471 |
| Revenue | $562,044 | $387,064 | $343,913 |
| Expenses | $636,750 | $588,255 | $488,580 |
| Qualifying Distributions | $606,430 | $528,923 | $425,109 |
| Net Investment Income | $539,823 | $330,732 | $284,442 |
| Distributable Amount | $645,372 | $571,852 | $524,518 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
30 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Mayo Clinic Foundation ($397,780), Madonna Foundation ($50,000), Shade Tree Shelter ($30,000).
| Recipient | Purpose | Amount |
|---|---|---|
| SNUSBCA (Bowel For The Cure) Las Vegas, NV | support research &education,treatment assist.,for cancer patients | $5,000 |
| GILCREASE NATURE SANCTUARY Las Vegas, NV | SHELTER & Care ofWILDLIFE | $5,000 |
| Mayo Clinic Foundation Scottsdale, AZ | MEDICALResearch | $397,780 |
| Shade Tree Shelter Las Vegas, NV | Battered childrensshelter | $30,000 |
| Nebraska Humane Society Omaha, NE | Animal shelter,treatment &education | $20,000 |
| Madonna Foundation Omaha, NE | Rehab/Physicl Therpyfor those in needcare | $50,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DOROTHY FLOTT | Trustee | 4 | $2,002 |
| PAULA EGEA | Office Mgr. | 10 | $15,000 |
| Kay F Alchu ExecTSTEE | Grants Mgr. | 30 | $65,040 |
| Mark McElroy | Trustee | 4 | $1,800 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Michael a Obannon Foundation?
Michael a Obannon Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAS VEGAS, NV. It holds $4.3M in total assets as of 2024.
How large is Michael a Obannon Foundation?
As of 2024, Michael a Obannon Foundation holds $4.3M in total assets with $562K in annual revenue. It awarded 6 grants totaling $508K in 2024.
Where does Michael a Obannon Foundation operate?
Michael a Obannon Foundation has awarded grants in Arizona, Maryland, Nebraska, Nevada.
What size grants does Michael a Obannon Foundation award?
In 2024, Michael a Obannon Foundation awarded 6 grants totaling $508K — an average of about $85K per grant, based on its IRS Form 990 filings.
How much is Michael a Obannon Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Michael a Obannon Foundation reported a distributable amount of $645K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Michael a Obannon Foundation's EIN?
Michael a Obannon Foundation's EIN (Employer Identification Number) is 94-3216555. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.