Otto a Shults Foundation
Otto a Shults Foundation is a private foundation, based in BUFFALO, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $854K in total assets. In 2024, it awarded 10 grants totaling $44K. Net investment income was $50K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$854K
+0.4% YoY
Annual Giving
$44K
-6.6% YoY
Grant Count
10
+0.0% YoY
Avg Grant Size
$4K
-6.6% YoY
Under IRS private-foundation payout rules, Otto a Shults Foundation reported a distributable amount of $48K for 2024 — the minimum it must pay out in qualifying distributions.
About Otto a Shults Foundation
Based on IRS filings
Otto a Shults Foundation is a private foundation, based in BUFFALO, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $854K in total assets. In 2024, it awarded 10 grants totaling $44K. Net investment income was $50K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $853,989 | $850,762 | $885,147 |
| Revenue | $66,253 | $29,966 | $40,893 |
| Expenses | $62,077 | $64,008 | $73,507 |
| Qualifying Distributions | $45,314 | $48,394 | $55,383 |
| Net Investment Income | $49,559 | $14,454 | $24,076 |
| Distributable Amount | $48,286 | $45,314 | $47,487 |
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
50 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Nazareth University ($10,953), St Bernards Sch Theology & Ministry ($8,762), St John Fisher College ($8,762).
| Recipient | Purpose | Amount |
|---|---|---|
| NAZARETH UNIVERSITY ROCHESTER, NY | CHARITABLE UNRESTRICTED | $10,953 |
| ST BERNARDS SCH THEOLOGY & MINISTRY ROCHESTER, NY | CHARITABLE UNRESTRICTED | $8,762 |
| THE UNIVERSITY OF ROCHESTER ROCHESTER, NY | CHARITABLE UNRESTRICTED | $2,191 |
| AQUINAS INSTITUTE OF ROCHESTER ROCHESTER, NY | CHARITABLE UNRESTRICTED | $2,191 |
| OFFICE OF SOCIAL MINISTRY ROCHESTER, NY | CHARITABLE UNRESTRICTED | $2,191 |
| ST JOHN FISHER COLLEGE ROCHESTER, NY | CHARITABLE UNRESTRICTED | $8,762 |
| ST JOSEPHS CHURCH WAYLAND, NY | CHARITABLE UNRESTRICTED | $2,191 |
| MCQUAID JESUIT HIGH SCHOOL ROCHESTER, NY | CHARITABLE UNRESTRICTED | $2,191 |
| ST THOMAS MORE CHURCH ROCHESTER, NY | CHARITABLE UNRESTRICTED | $2,191 |
| UNITED WAY OF GREATER ROCHESTER ROCHESTER, NY | CHARITABLE UNRESTRICTED | $2,191 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
No officer/director data available.
Frequently Asked Questions
How large is Otto a Shults Foundation?
As of 2024, Otto a Shults Foundation holds $854K in total assets with $66K in annual revenue. It awarded 10 grants totaling $44K in 2024.
Where does Otto a Shults Foundation operate?
Otto a Shults Foundation has awarded grants in New York.
What size grants does Otto a Shults Foundation award?
In 2024, Otto a Shults Foundation awarded 10 grants totaling $44K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Otto a Shults Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Otto a Shults Foundation reported a distributable amount of $48K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Otto a Shults Foundation's EIN?
Otto a Shults Foundation's EIN (Employer Identification Number) is 16-6042842. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Otto a Shults Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.