Oscar J Tolmas Charitable Trust logo

Oscar J Tolmas Charitable Trust

METAIRIE, LA EIN: 46-7235211 Website

The Oscar J Tolmas Charitable Trust is a private foundation established in 2013 through the last will and testament of Oscar J. Tolmas, a prominent New Orleans attorney, real estate developer, and World War II veteran. Based in Metairie, Louisiana, the trust was formed to continue Tolmas's legacy of philanthropy and community support. The organization is designated as a 501(c)(3) entity and classified as a private foundation under the National Taxonomy of Exempt Entities (NTEE).

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$2.9M

+12.8% YoY

Grant Count

74

+4.2% YoY

Avg Grant Size

$39K

+8.3% YoY

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

Mission & Focus Areas

The trust's mission is to "spread the legacy and generosity of Oscar J. Tolmas throughout the region by assisting local charitable organizations with their missions of helping others."

The trust supports a diverse range of charitable causes, with particular emphasis on:

  • Jewish Community Support — Funding for the New Orleans Jewish Community Center's capital campaign, including the Oscar J. Tolmas Aquatics Complex
  • Local Charitable Organizations — Support for nonprofits serving the greater New Orleans community
  • Substance Abuse Treatment — Support for organizations providing addiction recovery services
  • Education and Disability Services — Funding for schools serving deaf and blind populations
  • Community Recreation and Sailing Programs — Support for community sailing initiatives
  • Veterans Services — Including the Oscar J. Tolmas Veterans Pavilion at Volunteers of America

Grantmaking

The trust does not accept solicitations or unsolicited applications. Instead, trustees proactively identify and select charitable organizations to support.

Grant Range

$5,000 to $1.5 million

Ready to take the next step with Oscar J Tolmas Charitable Trust?

Geographic Focus

Where this funder awards grants

The trust focuses exclusively on the greater New Orleans metropolitan area in Louisiana.

Grant Distribution by State

4states

Cities

BATON ROUGEBILOXICOVINGTONDALLASDETROITFOLSOMGRETNAHAMMONDHAMMOONDHOUSTONJEFFERSONKENNERLAFAYETTELAKE CHARLESMANDEVILEMANDEVILLEMETAIRIENEW ORLEANSROCKWALLRUSTON

Financial History

Multi-year comparison from IRS filings

2024 Financial Data:

  • Total Assets: $58,027,419
  • Total Revenues: $4,287,210
  • Total Expenses: $3,988,552

2023 Financial Data:

  • Total Assets: $57,729,637
  • Total Revenues: $3.77 million
  • Total Expenses: $3.59 million
  • Total Giving: $2,530,350

Historical Data:

  • Tax-exempt status granted: July 2014
  • EIN: 46-7235211
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$762K$2M$2M$3M57 grants202055 grants202165 grants202271 grants202374 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

BRIDGE HOUSE CORPORATION$338KCOMMUNITY SAILING NEW OR…$175KBRIGHT SCHOOL FOR THE DEAF$105KBETH ISRAEL$104KJEWISH CHILDREN'S REGION…$103KJEWISH FEDERATION OF GNO$75KJUNIOR ACHIEVEMENT OF GN…$75KKELLY GIBSON FOUNDATION$65KFIRST TEE OF GNO$60KCOVENANT HOUSE NEW ORLEANS$50K

Grant Size Distribution

250 grants across all recorded years

182<$50K45$50–100K19$100–250K4$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

The trust is managed by two trustees who knew Oscar J. Tolmas personally:

  • Vincent J. Giardina, CPA — President/Trustee. Served as Tolmas's CPA for approximately 20 years.
  • Lisa N. Romano, CPA — Vice-President/Trustee. Worked directly for Tolmas for 15 years.

The organization has 2 employees.

Compensation Overview

From 2024 IRS filing

VINCENT J GIARDINA CPAPRESIDENT/TRUSTEE$306KLISA N ROMANO CPAVICE-PRESIDENT/TRUSTEE$254K

From 2024 filing

NameTitleHoursCompensation
VINCENT J GIARDINA CPAPRESIDENT/TRUSTEE40$306,000
LISA N ROMANO CPAVICE-PRESIDENT/TRUSTEE40$254,000

Recent News & Activity

Recent developments and announcements

The trust has been actively engaged in supporting community initiatives, including:

Sponsorship of the Autism Society of Greater New Orleans' 20th Annual Autism Festival

Autism Society of Greater New Orleans (ASGNO) hosts 20th Annual Autism Festival

Ongoing support to the New Orleans Jewish Community Center's capital and endowment campaign

Special Thanks - Ongoing Support - NCJW Greater New Orleans

Recognition as a major supporter by the National Council of Jewish Women Greater New Orleans

Autism Society of Greater New Orleans (ASGNO) hosts 20th Annual Autism Festival

Contact Information

Address: 121 Metairie Lawn Drive, Suite B, Metairie, LA 70001

Phone: (504) 262-8870

Email: info@ojtolmastrust.org

Website: www.ojtolmastrust.org

Note: The trust does not accept solicitations for donations.

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

What could you do with Oscar J Tolmas Charitable Trust on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities