Omega Foundation Inc
Omega Foundation Inc is a private foundation, based in New York, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $636K in total assets. In 2024, it awarded 6 grants totaling $57K. Net investment income was $63K.
Omega Foundation Inc at a glance
In short: Omega Foundation Inc gave $57K across 6 grants in 2024 (avg $10K), top state California. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $57,000
- +62.9% vs 2023
- Grants made (2024)
- 6
- +100.0% vs 2023
- Average grant
- $9,500
- -18.6% vs 2023
- Median grant
- $5,000
- Total assets
- $636,421
- +0.4% vs 2023
- Primary geography
- California (44% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
Who Omega Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
The largest 2024 recipient was The Piatigorsky Foundation ($20K). Together the top 6 received $57K.
Grant Size Distribution
18 grants across all recorded years
The most common grant size was under $50K: 18 grants of 18 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 6 itemized grants.
Cities
How Omega Foundation Inc gives
- Giving fell 48% from 2021 to 2024. Method
- In 2024 it paid out 139% of its IRS minimum distribution (the 5% rule). 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
From 2020 to 2024, annual grant giving ranged from $2K (2020) to $110K (2021). In 2024 it made 6 grants totaling $57K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Piatigorsky Foundation New York, NY | Charitable | $20,000 |
| The Sterne School San Francisco, CA | Charitable | $20,000 |
| Planned Parenthood Washington, DC | Charitable | $5,000 |
| The Jewish Federation of Greater North Bethesda, MD | Charitable | $5,000 |
| The Scandinavian SCHOOL&CULTURAL Center San Francisco, CA | Charitable | $5,000 |
| American Civil Liberties Union New York, NY | Charitable | $2,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $636,421 | $69,807 | $67,276 | $57,000 | 6 | $60,245 | $62,776 | $43,406 |
| 2023 | $633,890 | $20,274 | $45,470 | $35,000 | 3 | $38,557 | $13,361 | $40,994 |
| 2022 | $659,086 | $28,457 | $19,126 | $5,000 | 1 | $9,383 | $20,214 | $41,217 |
| 2021 | $649,755 | $89,447 | $122,819 | $110,000 | 7 | $114,212 | $81,339 | $46,157 |
| 2020 | $683,127 | $20,702 | $17,410 | $2,000 | 1 | — | $11,437 | $41,117 |
Under IRS private-foundation payout rules, Omega Foundation Inc reported a distributable amount of $43K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Omega Foundation Inc is led by Lona Piatigorsky, President & Treasurer on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Lona Piatigorsky
President & Treasurer
On filings since 2020
0.5 hrs/week
No compensation reported
Joram Piatigorsky
Chairman & Assistant Secretary
On filings since 2020
0.5 hrs/week
No compensation reported
Auran P. Piatigorsky
Vice President & Secretary
On filings since 2020
0.3 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 Omega Foundation Inc
How much does Omega Foundation Inc give each year?
Omega Foundation Inc gave $57K across 6 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $35K across 3 grants.
What is Omega Foundation Inc's typical grant size?
Omega Foundation Inc's median grant in 2024 was $5,000, and its average grant was $9,500, across 6 grants on its 2024 IRS Form 990-PF.
Where does Omega Foundation Inc give grants?
Omega Foundation Inc's top state is California, with 44% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were New York (39%) and District of Columbia (9%). The most frequent recipient cities were San Francisco, CA (2 grants) and New York, NY (2 grants).
Does Omega Foundation Inc give general operating support?
Not in 2024: none of the 6 grants with a stated purpose on Omega Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (6 grants).
Who are Omega Foundation Inc's largest grantees?
Omega Foundation Inc's largest 2024 grantees include The Piatigorsky Foundation ($20,000), The Sterne School ($20,000) and Planned Parenthood ($5,000), according to its 2024 IRS Form 990-PF. Together they received 79% of its itemized 2024 grant dollars.
How large is Omega Foundation Inc?
Omega Foundation Inc reported $636K in total assets on its 2024 IRS Form 990-PF. It paid out $60K in qualifying distributions that year, against a required minimum of $43K (roughly 5% of its investment assets).
What is Omega Foundation Inc's EIN?
Omega Foundation Inc's EIN (Employer Identification Number) is 45-0571261. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 14, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 15, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 12, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Omega Foundation Inc funds
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