Ottenstein Family Foundation Inc

MILWAUKEE, WI EIN: 52-6036064

Ottenstein Family Foundation Inc is a private foundation, based in MILWAUKEE, WI. IRS filing data is available from 2020 through 2021. In 2021, it awarded 5 grants totaling $1.2M. Net investment income was $2K.

Financial Overview

From 2021 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$1.2M

+2751.7% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$250K

+2751.7% YoY

Under IRS private-foundation payout rules, Ottenstein Family Foundation Inc reported a distributable amount of $39K for 2021 — the minimum it must pay out in qualifying distributions.

About Ottenstein Family Foundation Inc

Based on IRS filings

Ready to take the next step with Ottenstein Family Foundation Inc?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

New York $1.2M (96%)

California $45K (4%)

Virginia $2K (0%)

States

California New York Virginia

Cities

Chula VistaEncinitasLeesburgNew YorkSan Diego

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2021	2020
Total Assets	—	$1,299,456
Revenue	$-4,675	$252,857
Expenses	$1,294,781	$78,434
Qualifying Distributions	—	—
Net Investment Income	$1,980	$19,020
Distributable Amount	$38,691	$62,887

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2021

Grant Size Distribution

10 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2021 grants, the largest include Jewish Natonal Fund (keren Kayemeth Leisrael) Inc Ein 13-1659627 ($908,843), Jewish Natonal Fund (keren Kayemeth Leisrael) Inc Ein 13-1659627 ($167,710), Jewish Natonal Fund (keren Kayemeth Leisrael) Inc Ein 13-1659627 ($165,038).

Recipient	Purpose	Amount
TIERRA SANTA FIRE DEPARTMENT SAN DIEGO, CA	PUBLIC SAFETY	$5,000
JEWISH NATONAL FUND (KEREN KAYEMETH LEISRAEL) INC EIN 13-1659627 NEW YORK, NY	COMMUNITY BUILDING	$165,038
JEWISH NATONAL FUND (KEREN KAYEMETH LEISRAEL) INC EIN 13-1659627 NEW YORK, NY	COMMUNITY BUILDING	$167,710
JEWISH NATONAL FUND (KEREN KAYEMETH LEISRAEL) INC EIN 13-1659627 NEW YORK, NY	COMMUNITY BUILDING	$908,843
GENIUS 100 FOUNDATION NEW YORK, NY	COMMUNITY BUILDING	$1,012

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2021 IRS filing

From 2021 filing

Name	Title	Hours	Compensation
JANE OTTENSTEIN	PRESIDENT	5	$3,500
MARK GLEISCHMAN	SECRETARY/TREASURER	0.5	$7,500

Frequently Asked Questions

Where does Ottenstein Family Foundation Inc operate?

Ottenstein Family Foundation Inc has awarded grants in California, New York, Virginia.

What size grants does Ottenstein Family Foundation Inc award?

In 2021, Ottenstein Family Foundation Inc awarded 5 grants totaling $1.2M — an average of about $250K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2021, Ottenstein Family Foundation Inc reported a distributable amount of $39K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Ottenstein Family Foundation Inc's EIN?

Ottenstein Family Foundation Inc's EIN (Employer Identification Number) is 52-6036064. IRS Form 990 filing data is available on this page for 2020–2021.