Otis a Thompson Foundation Inc

NORWICH, NY EIN: 16-6046540

Otis A Thompson Foundation Inc is an independent private foundation established in 1962 and located in Norwich, New York. The foundation is administered through NBT Bank NA at 52 South Broad Street, Norwich, NY 13815.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.5M

-1.1% YoY

Annual Giving

$81K

-7.8% YoY

Grant Count

37

-2.6% YoY

Avg Grant Size

$2K

-5.3% YoY

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

Mission & Focus Areas

The foundation provides scholarship awards to students from pre-selected high schools in Chenango, Delaware, and Otsego counties. The foundation also makes some grants to organizations for educational purposes.

Grantmaking

The foundation focuses primarily on scholarship distribution to students attending designated high schools within its geographic service area. Educational organizations also receive support from the foundation.

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Geographic Focus

Where this funder awards grants

The foundation's funding is concentrated in three counties in New York State:

  • Chenango County
  • Delaware County
  • Otsego County

Grant Distribution by State

11states
+3 more states

Cities

AftonAlbanyBaltimoreBinghamptonBinghamtonBostonBrockportBronxCastletonCobleskillCortlandDelhiEarlvilleEdmestonFarmingdaleFranklinFredoniaGeneseoHamdenHancock

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$30K$61K$91K$121K20202021202220232024
Metric202420232022
Total Assets$1,519,625$1,536,818$1,570,416
Revenue$79,436$67,803$64,376
Expenses$96,515$101,487$108,924
Qualifying Distributions$83,051$89,762$94,686
Net Investment Income$66,749$56,176$51,967
Distributable Amount$100,091$90,862$94,965

Giving Over Time

Total grant dollars and number of grants per year

$0$23K$46K$69K$93K40 grants202035 grants202134 grants202238 grants202337 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

SUNY ONEONTA$8KHARTWICK COLLEGE$6KFRIENDS OF ROGERS ENVIRO…$5KSUNY DELHI$5KMorrisville College Fdn$5KHANCOCK COMMUNITY EDUCAT…$4KCOLORSCAPE CHENANGO ARTS…$4KCHRISTIAN NEIGHBORHOOD C…$3KThe Norwich Family YMCA$3KPATHFINDER VILLAGE FOUND…$3K

Grant Size Distribution

184 grants across all recorded years

184<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JOE STAGLIANOPRES/CHAIR1
THOMAS C VAILSECRETARY1
BRIAN VOSSVICE PRESIDENT1
NANCY MCLEANDIRECTOR1
THOMAS ARMAODIRECTOR1
ZOE VANDERMUELENDIRECTOR1

Contact Information

  • Telephone: 607-337-6136
  • Address: C/O NBT Bank NA, 52 S Broad St, Norwich, NY 13815
  • EIN: 16-6046540

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.

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