Myrta E Otterdale Memorial Scholarship Fund

MILWAUKEE, WI EIN: 93-6299754

Myrta E Otterdale Memorial Scholarship Fund is a private foundation, based in MILWAUKEE, WI. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $1.5M in total assets. In 2025, it awarded 4 grants totaling $86K. Net investment income was $120K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$1.5M

+1.1% YoY

Annual Giving

$86K

-4.4% YoY

Grant Count

+300.0% YoY

Avg Grant Size

$22K

-76.1% YoY

Under IRS private-foundation payout rules, Myrta E Otterdale Memorial Scholarship Fund reported a distributable amount of $79K for 2025 — the minimum it must pay out in qualifying distributions.

About Myrta E Otterdale Memorial Scholarship Fund

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Oregon $327K (75%)

Colorado $40K (9%)

Virginia $25K (6%)

Ohio $20K (5%)

Arizona $12K (3%)

California $12K (3%)

States

Arizona California Colorado Ohio Oregon Virginia

Cities

AshburnAuroraClevelandPomonaPortlandTucson

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2025	2024	2023
Total Assets	$1,490,844	$1,473,914	$1,390,443
Revenue	$143,805	$204,483	$105,518
Expenses	$126,874	$121,233	$129,428
Qualifying Distributions	$99,117	$98,214	$104,158
Net Investment Income	$119,868	$181,128	$83,775
Distributable Amount	$79,467	$74,618	$73,935

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2025

Grant Size Distribution

11 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Ohsu School of Medicine ($37,000), George Washington University ($25,000), The University of Arizona ($12,000).

Recipient	Purpose	Amount
OHSU SCHOOL OF MEDICINE PORTLAND, OR	SCHOLARSHIP	$37,000
GEORGE WASHINGTON UNIVERSITY ASHBURN, VA	SCHOLARSHIP	$25,000
THE UNIVERSITY OF ARIZONA TUCSON, AZ	SCHOLARSHIP	$12,000
WESTERN UNIVERSITY OF HEALTH SCIENCES POMONA, CA	SCHOLARSHIP	$12,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

Name	Title	Hours	Compensation
US BANK N A	TRUSTEE	1	$26,074

Frequently Asked Questions

How large is Myrta E Otterdale Memorial Scholarship Fund?

As of 2025, Myrta E Otterdale Memorial Scholarship Fund holds $1.5M in total assets with $144K in annual revenue. It awarded 4 grants totaling $86K in 2025.

Where does Myrta E Otterdale Memorial Scholarship Fund operate?

Myrta E Otterdale Memorial Scholarship Fund has awarded grants in Arizona, California, Colorado, Ohio, Oregon, Virginia.

What size grants does Myrta E Otterdale Memorial Scholarship Fund award?

In 2025, Myrta E Otterdale Memorial Scholarship Fund awarded 4 grants totaling $86K — an average of about $22K per grant, based on its IRS Form 990 filings.

How much is Myrta E Otterdale Memorial Scholarship Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Myrta E Otterdale Memorial Scholarship Fund reported a distributable amount of $79K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Myrta E Otterdale Memorial Scholarship Fund's EIN?

Myrta E Otterdale Memorial Scholarship Fund's EIN (Employer Identification Number) is 93-6299754. IRS Form 990 filing data is available on this page for 2021–2025.