Ocotillo Foundation

Private foundation · Grantmaker Scottsdale, AZ EIN: 88-2343827

Ocotillo Foundation is a private foundation, based in Scottsdale, AZ. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $2.6M in total assets. In 2024, it awarded 1 grant totaling $35K. Net investment income was $150K.

Ocotillo Foundation at a glance

In short: Ocotillo Foundation gave $35K across 1 grant in 2024 (avg $35K), mostly in Arizona. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$35,000
Grants made (2024)
1
Average grant
$35,000
Median grant
$35,000
Total assets
$2,555,371
+88.8% vs 2023
Primary geography
Arizona (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Ocotillo Foundation funds

How this funder distributes its grants

Top Recipients

Top recipient in 2024

Read Better Be Better: $35KRead Better Be Better$35K

The largest 2024 recipient was Read Better Be Better ($35K).

Grant Size Distribution

1 grant across all recorded years

1<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 1 grant of 1 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2024 grant dollars on its one itemized grant.

States

Cities

Phoenix

How Ocotillo Foundation gives

  • In 2024 it paid out 33% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K$40K0 grants2022 0 grants2023 1 grant2024

In 2024 it made 1 grant totaling $35K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Read Better Be Better Phoenix, AZEducational$35,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$2,555,371$546,801$40,011$35,0001$35,000$149,622$106,524
2023$1,353,623$1,353,623————$120,072$27,440

Under IRS private-foundation payout rules, Ocotillo Foundation reported a distributable amount of $107K for 2024 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Ocotillo Foundation is led by Alison Lewis, President on every filing since 2022; none of the 4 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Alison Lewis

    President

    On filings since 2022

    No compensation reported

  • Craig Krumwiede

    Vice President

    On filings since 2022

    No compensation reported

  • David Krumwiede

    Secretary

    On filings since 2022

    No compensation reported

  • Michael Krumwiede

    Treasurer

    On filings since 2022

    No compensation reported

Data from IRS Form 990 filings, 2022–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Ocotillo Foundation

How much does Ocotillo Foundation give each year?

Ocotillo Foundation gave $35K across 1 grant in 2024, according to its 2024 IRS Form 990-PF.

How large is Ocotillo Foundation?

Ocotillo Foundation reported $2.6M in total assets on its 2024 IRS Form 990-PF. It paid out $35K in qualifying distributions that year, against a required minimum of $107K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

Where does Ocotillo Foundation operate?

Ocotillo Foundation has awarded grants in Arizona.

What is Ocotillo Foundation's EIN?

Ocotillo Foundation's EIN (Employer Identification Number) is 88-2343827. IRS Form 990 filing data is available on this page for 2022–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2022–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Ocotillo Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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