Odyssey Group Foundation

STAMFORD, CT EIN: 20-8493704 Website

The Odyssey Group Foundation is a private foundation established in 2007 and based in Stamford, Connecticut. It is supported by Odyssey Group Holdings Inc., a global enterprise operating as a reinsurer and specialty insurer with a network of more than 30 offices worldwide. The Foundation is classified as a corporate foundation under IRS 501(c)(3) designation.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$2.8M

-28.1% YoY

Grant Count

+1500.0% YoY

Avg Grant Size

$178K

-95.5% YoY

Under IRS private-foundation payout rules, Odyssey Group Foundation reported a distributable amount of $2K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The Foundation's "Good Works" encompass the following focus areas:

Health and medical services
Cancer research
Food and shelter
Community and human services
Education
Disaster relief

The Foundation's charitable endeavors closely align with Odyssey Group's core business operations, including:

Global disaster relief efforts and community rebuilding (aligned with commercial property insurance and property catastrophe reinsurance operations)
Cancer research support (aligned with insurance for medically-based clinical trials and research organizations)
Hunger prevention initiatives (aligned with agriculture, crops, and livestock insurance)
Patient safety funding (aligned with healthcare industry insurance services)
Support for those who have suffered catastrophic liability losses
Educational opportunities for future industry leaders

Grantmaking

Since its inception in 2007, the Foundation has pledged $98.7 million to more than 550 charities worldwide.

Grant Types

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Geographic Focus

Where this funder awards grants

The Foundation funds organizations globally, with documented support for:

Connecticut-based organizations (Americares Free Clinics in Norwalk and Bridgeport; mobile clinic serving Stamford)
National organizations (Ronald McDonald House of New York)
International organizations (University of Washington Foundation)

Grant Distribution by State

Connecticut $10.6M (75%)

New York $1.5M (10%)

California $775K (5%)

Washington $500K (4%)

New Jersey $190K (1%)

Illinois $170K (1%)

Georgia $80K (1%)

Florida $70K (0%)

+14 more states

States

Arizona California Colorado Connecticut District of Columbia Florida Georgia Iowa Illinois Indiana Kansas Massachusetts Maryland Missouri Nebraska New Jersey New York Ohio Pennsylvania Texas Vermont Washington

Cities

AlpharettaAmblerAtlantaAvonBethesdaBethpageBloomfieldBloomingtonBridgeportBronxBrooklynCedar RapidsChicagoDallasDaltonDarienDavidsonvilleEastchesterEastonEnglewood

Financial History

Multi-year comparison from IRS filings

Fiscal Year 2024:

Total revenues: $2,842,333
Total expenses: $2,842,333
Total assets: $0
Number of employees: 0

Fiscal Year 2023:

Total grants, contributions, etc.: $3,955,000

Historical Impact: Since establishment in 2007, the Foundation has pledged $98.7 million to charitable organizations.

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	—	$2,500	—
Revenue	$2,842,333	$3,955,000	$2,155,000
Expenses	$2,842,333	$3,955,000	$2,155,000
Qualifying Distributions	$2,842,333	$3,955,000	$2,155,000
Net Investment Income	—	—	—
Distributable Amount	$1,667	$13,645	$21

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

123 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Stamford Health System Inc ($1,000,000), University of Washington Foundation ($500,000), Americares Free Clinics Inc ($300,000).

Recipient	Purpose	Amount
THE ACTUARIAL FOUNDATION SCHAUMBURG, IL	UNRESTRICTED OPERATING COSTS	$25,000
AMERICARES FOUNDATION INC STAMFORD, CT	UNRESTRICTED GRANTS FOR OPERATING COSTS	$200,000
AMERICARES FREE CLINICS INC STAMFORD, CT	UNRESTRICTED GRANTS FOR OPERATING COSTS	$300,000
STAMFORD HEALTH SYSTEM INC STAMFORD, CT	CONSTRUCTION OF EMERGENCY AND TRAUMA CENTER	$1,000,000
FUTURES 5 INC STAMFORD, CT	UNRESTRICTED GRANTS FOR OPERATING COSTS	$100,000
UNIVERSITY OF WASHINGTON FOUNDATION SEATTLE, WA	UNRESTRICTED GRANTS FOR OPERATING COSTS	$500,000
RONALD MCDONALD HOUSE NEW YORK INC NEW YORK, NY	UNRESTRICTED GRANTS FOR OPERATING COSTS	$225,000
ST BALDRICK'S FOUNDATION INC MONROVIA, CA	UNRESTRICTED GRANTS FOR OPERATING COSTS	$40,000
AMERICAN FRIENDS OF THE OCEAN CLEANUP FOUNDATION NEW YORK, NY	UNRESTRICTED GRANTS FOR OPERATING COSTS	$100,000
MT SINAI ICAHN SCHOOL NEW YORK, NY	UNRESTRICTED GRANTS FOR OPERATING COSTS	$187,333

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

No officer/director data available.

Recent News & Activity

Recent developments and announcements

2007

The Foundation maintains an active partnership with Americares, one of its longest-standing grantees. Since beginning their relationship in 2007, Odyssey Group Foundation has donated more than $8.5 million to Americares. In 2013, the Foundation joined the Americares Annual Emergency Response Partner Program to provide resources for immediate disaster response.

2024 Foundation Newsletter - Flipbook by Odyssey

The Foundation publishes an annual Foundation Newsletter documenting its grantmaking activities and partnerships.

2024 Foundation Newsletter - Flipbook by Odyssey

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What does Odyssey Group Foundation fund?

Odyssey Group Foundation's definition of success centers on giving back to communities where employees live and work. The Foundation commits 2% of Odyssey Group's pre-tax earnings annually for charitable purposes. The Foundation's "Good Works" encompass the following focus areas: • Health and medical services • Cancer research • Food and shelter • Community and human services • Education • Disaster relief The Foundation's charitable endeavors closely align with Odyssey Group's core business ope…

How do I apply for a grant from Odyssey Group Foundation?

Since its inception in 2007, the Foundation has pledged $98.7 million to more than 550 charities worldwide. **Recent Grant Activity (2024):** • Made 39 grants in the most recent fiscal year • Total grants and contributions: $2,842,333 **Recent Notable Grants:** • University of Washington Foundation: $500,000 (unrestricted grants for operating costs) • Americares Free Clinics: $300,000 (unrestricted grants for operating costs) • Ronald McDonald House of New York: $225,000 (unrestricted grants fo…

Where does Odyssey Group Foundation make grants?

The Foundation funds organizations globally, with documented support for: • Connecticut-based organizations (Americares Free Clinics in Norwalk and Bridgeport; mobile clinic serving Stamford) • National organizations (Ronald McDonald House of New York) • International organizations (University of Washington Foundation)

What size grants does Odyssey Group Foundation award?

In 2024, Odyssey Group Foundation awarded 16 grants totaling $2.8M — an average of about $178K per grant, based on its IRS Form 990 filings.

How much is Odyssey Group Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Odyssey Group Foundation reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.