Otis a Thompson Foundation Inc
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
Under IRS private-foundation payout rules, Otis a Thompson Foundation Inc reported a distributable amount of $100K for 2024 — the minimum it must pay out in qualifying distributions.
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
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
184 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Suny Oneonta ($8,000), Hartwick College ($6,000), Friends of Rogers Environmental ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| SUNY COBLESKILL COBLESKILL, NY | SCHOLARSHIP | $1,000 |
| SUNY ONEONTA ONEONTA, NY | SCHOLARSHIPS | $8,000 |
| JOHNS HOPKINS UNIVERSITY BALTIMORE, MD | SCHOLARSHIP | $1,000 |
| CORNELL COOP EXTENSION Hamden, NY | GRANT FOR TEACHING | $1,500 |
| Morrisville College MORRISVILLE, NY | SCHOLARSHIP | $1,000 |
| YORK COLLEGE YORK, PA | SCHOLARSHIP | $1,000 |
| HARTWICK COLLEGE ONEONTA, NY | SCHOLARSHIPS | $6,000 |
| SIENA COLLEGE LOUDONVILLE, NY | SCHOLARSHIP | $1,000 |
| UNIVERSITY OF MOUNT SAINT VINCENT BRONX, NY | SCHOLARSHIP | $1,000 |
| UNIVERSITY OF RHODE ISLAND KINGSTON, RI | SCHOLARSHIP | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOE STAGLIANO | PRES/CHAIR | 1 | — |
| THOMAS C VAIL | SECRETARY | 1 | — |
| BRIAN VOSS | VICE PRESIDENT | 1 | — |
| NANCY MCLEAN | DIRECTOR | 1 | — |
| THOMAS ARMAO | DIRECTOR | 1 | — |
| ZOE VANDERMUELEN | DIRECTOR | 1 | — |
Contact Information
- Telephone: 607-337-6136
- Address: C/O NBT Bank NA, 52 S Broad St, Norwich, NY 13815
- EIN: 16-6046540
Frequently Asked Questions
What does Otis a Thompson Foundation Inc fund?
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.
How do I apply for a grant from Otis a Thompson Foundation Inc?
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.
Where does Otis a Thompson Foundation Inc make grants?
The foundation's funding is concentrated in three counties in New York State: • Chenango County • Delaware County • Otsego County
What size grants does Otis a Thompson Foundation Inc award?
In 2024, Otis a Thompson Foundation Inc awarded 37 grants totaling $81K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Otis a Thompson Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Otis a Thompson Foundation Inc reported a distributable amount of $100K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Otis a Thompson Foundation Inc's EIN?
Otis a Thompson Foundation Inc's EIN (Employer Identification Number) is 16-6046540. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Otis a Thompson Foundation Inc's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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