Optare Foundation Inc

Private foundation · Grantmaker Bonita Springs, FL EIN: 84-3490271

Optare Foundation Inc is a private foundation, based in Bonita Springs, FL. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $225K in total assets. Net investment income was $11.

Optare Foundation Inc at a glance

Total assets
$225,043
+0.0% vs 2024
Revenue (2025)
$11
-98.9% vs 2024
Net investment income (2025)
$11
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who Optare Foundation Inc funds

How this funder distributes its grants

Grant Size Distribution

2 grants across all recorded years

2<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 2 grants of 2 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

MilwaukeePewaukee

How Optare Foundation Inc gives

  • In 2024 it paid out 133% 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

$0$5K$10K$15K0 grants2019 0 grants2020 0 grants2021 0 grants2022 1 grant2023 1 grant2024 0 grants2025

From 2023 to 2024, annual grant giving ranged from $10K (2023) to $15K (2024). In 2024 it made 1 grant totaling $15K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Trinity Academy Pewaukee, WITo Promote Quality Catholic Education$15,000
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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
2025$225,043$11————$11$11,083
2024$225,032$1,032$16,020$15,0001$15,510—$11,647
2023$240,020$1,028$11,015$10,0001$10,507—$12,293
2022$250,007$101,722$1,715——$857—$7,593
2021$150,001$150,001————$1$308

Under IRS private-foundation payout rules, Optare Foundation Inc reported a distributable amount of $11K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Optare Foundation Inc is led by Adolph John Ansay, President & Director on every filing since 2019; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Adolph John Ansay

    President & Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Adrianne Ansay

    Treasurer & Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Stanley Sobilo Jr.

    Secretary & Director

    On filings since 2019

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2019–2025. "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 Optare Foundation Inc

How large is Optare Foundation Inc?

Optare Foundation Inc reported $225K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $11.

Where does Optare Foundation Inc operate?

Optare Foundation Inc has awarded grants in Wisconsin.

How much is Optare Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Optare Foundation Inc reported a distributable amount of $11K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Optare Foundation Inc's EIN?

Optare Foundation Inc's EIN (Employer Identification Number) is 84-3490271. IRS Form 990 filing data is available on this page for 2019–2025.

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

Data update history

(3)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS August 20, 2021)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
  3. IRS filings on file for fiscal years 2020–2024

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

Figures come from Optare Foundation Inc'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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