Optimum Employee Disaster Relief Fund
Optimum Employee Disaster Relief Fund is a private foundation focused on Public Safety, Disaster Preparedness & Relief, based in Bethpage, NY. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $96K in total assets. In 2024, it awarded 1 grant totaling $23K.
Key facts about Optimum Employee Disaster Relief Fund
In short: Optimum Employee Disaster Relief Fund gave $23K across 1 grant in 2024 (avg $23K), mostly in New York. Source: 2024 IRS Form 990-PF.
- EIN
- 46-1350336
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $22,725
- Grants made (2024)
- 1
- Average grant
- $22,725
- Median grant
- $22,725
- Total assets
- $96,207
- Primary geography
- New York (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated October 2026.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$96K
-5.4% YoY
Annual Giving
$23K
Grant Count
1
Avg Grant Size
$23K
Under IRS private-foundation payout rules, Optimum Employee Disaster Relief Fund reported a distributable amount of $5K for 2024 — the minimum it must pay out in qualifying distributions.
How Optimum Employee Disaster Relief Fund gives
- Giving grew 279% from 2021 to 2024. Method
- In 2024 it paid out 434% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2024, annual grant giving ranged from $6K (2021) to $23K (2024). In 2024 it made 1 grant totaling $23K.
Grant Insights
How this funder distributes its grants
Grant Size Distribution
5 grants across all recorded years
The most common grant size was under $50K: 5 grants of 5 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 1 grant to individuals Recipients not named | — | $22,725 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $96,207 | $101,683 | $17,171 |
| Revenue | $17,300 | $84,525 | $240 |
| Expenses | $22,776 | $13 | $13 |
| Qualifying Distributions | $22,725 | — | — |
| Distributable Amount | $5,240 | $2,224 | $840 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 14, 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 12, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 14, 2025)
- IRS filings on file for fiscal years 2021–2024
Leadership & Key People
Officers and directors from IRS filings
Optimum Employee Disaster Relief Fund is led by Dennis Mathew, Chairman on every filing since 2022; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Dennis Mathew
Chairman
On filings since 2022
0.1 hrs/week
No compensation reported
Michael Olsen
General Counsel
On filings since 2021
0.1 hrs/week
No compensation reported
Marc Sirota
CFO
On filings since 2023
0.1 hrs/week
No compensation reported
Former officers (1)
- Former: Dexter Goei (2021–2022) — Chairman
Data from IRS Form 990 filings, 2021–2024. "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 Optimum Employee Disaster Relief Fund
How much does Optimum Employee Disaster Relief Fund give each year?
Optimum Employee Disaster Relief Fund gave $23K across 1 grant in 2024, according to its 2024 IRS Form 990-PF.
How large is Optimum Employee Disaster Relief Fund?
Optimum Employee Disaster Relief Fund reported $96K in total assets on its 2024 IRS Form 990-PF. It paid out $23K in qualifying distributions that year, against a required minimum of $5K (roughly 5% of its investment assets).
What is Optimum Employee Disaster Relief Fund?
Optimum Employee Disaster Relief Fund is a private foundation focused on Public Safety, Disaster Preparedness & Relief, based in Bethpage, NY. It holds $96K in total assets as of 2024.
Where does Optimum Employee Disaster Relief Fund operate?
Optimum Employee Disaster Relief Fund has awarded grants in New York.
What is Optimum Employee Disaster Relief Fund's EIN?
Optimum Employee Disaster Relief Fund's EIN (Employer Identification Number) is 46-1350336. IRS Form 990 filing data is available on this page for 2021–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Optimum Employee Disaster Relief Fund by hand.
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