Ozuah Family Foundation Inc

NEW PROVIDENCE, NJ EIN: 81-4612706

Ozuah Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW PROVIDENCE, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 14 grants totaling $1.0M. Net investment income was $289K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.9M

-15.8% YoY

Annual Giving

$1.0M

-36.1% YoY

Grant Count

14

+7.7% YoY

Avg Grant Size

$73K

-40.6% YoY

Under IRS private-foundation payout rules, Ozuah Family Foundation Inc reported a distributable amount of $141K for 2024 — the minimum it must pay out in qualifying distributions.

About Ozuah Family Foundation Inc

Based on IRS filings

Ozuah Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW PROVIDENCE, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 14 grants totaling $1.0M. Net investment income was $289K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

10states
+2 more states

Cities

BronxChestnut RidgeComptonDallasDurhamMarylandMonroviaNanuetNew HavenNew YorkOradellPrincess AnneSaint PaulTempletonTucson

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$546K$1M$2M$2M20202021202220232024
Metric202420232022
Total Assets$1,929,031$2,291,165$2,768,793
Revenue$806,736$1,985,385$890,320
Expenses$1,090,206$1,607,562$518,684
Qualifying Distributions$1,083,646$1,589,065$432,461
Net Investment Income$288,892$372,149$83,449
Distributable Amount$140,557$94,272$86,817

Giving Over Time

Total grant dollars and number of grants per year

$0$397K$794K$1M$2M5 grants20203 grants20214 grants202213 grants202314 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

OZUAH FAMILY FND (AFRICA)$250KNIGERIA HOUSE NYC$165KNATIONAL ROAD SAFETY FOU…$150KOZUAH FAMILY FND (AFRICA)$150KOZUAH FAMILY FND (AFRICA)$120KYALE UNIVERSITY$44KYALE UNIVERSITY$44KNIGERIA HOUSE NYC$36KCAPE PENINSULA UNIVERSIT…$30KUNIVERSITY OF MD EASTERN…$9K

Grant Size Distribution

39 grants across all recorded years

18<$50K4$50–100K13$100–250K3$250–500K1$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Ozuah Family Fnd (africa) ($250,000), Nigeria House Nyc ($164,634), National Road Safety Foundation ($150,000).

RecipientPurposeAmount
AMERICAN UNIVERSITY - ST VINCENT DALLAS, TXANNUAL CONTRIBUTION$3,800
AMERICAN UNIVERSITY - ST VINCENT DALLAS, TXANNUAL CONTRIBUTION$3,500
ANCOP USA MONROVIA, CAANNUAL CONTRIBUTION$2,500
CAPE PENINSULA UNIVERSITY OF TECH ANNUAL CONTRIBUTION$30,000
NATIONAL ROAD SAFETY FOUNDATION NEW YORK, NYANNUAL CONTRIBUTION$150,000
NIGERIA HOUSE NYC NEW YORK, NYTO SUPPORT THEIR MISSION AND PURPOSE$164,634
NIGERIA HOUSE NYC NEW YORK, NYTO SUPPORT THEIR MISSION AND PURPOSE$35,835
OZUAH FAMILY FND (AFRICA) ANNUAL FUNDING OF THE FOUNDATION.$120,000
OZUAH FAMILY FND (AFRICA) CHURCH PROJECT$150,000
OZUAH FAMILY FND (AFRICA) ANNUAL FUNDING OF THE FOUNDATION.$250,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
PHILIP O OZUAHDIRECTOR1
THERESA P OZUAHDIRECTOR1
PHILIP J OZUAHDIRECTOR1
PHOEBE OZUAHDIRECTOR1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Ozuah Family Foundation Inc?

Ozuah Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW PROVIDENCE, NJ. It holds $1.9M in total assets as of 2024.

How large is Ozuah Family Foundation Inc?

As of 2024, Ozuah Family Foundation Inc holds $1.9M in total assets with $807K in annual revenue. It awarded 14 grants totaling $1.0M in 2024.

Where does Ozuah Family Foundation Inc operate?

Ozuah Family Foundation Inc has awarded grants in Arizona, California, Connecticut, Illinois, Maryland, Minnesota, North Carolina, New Jersey, New York, Texas.

What size grants does Ozuah Family Foundation Inc award?

In 2024, Ozuah Family Foundation Inc awarded 14 grants totaling $1.0M — an average of about $73K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, Ozuah Family Foundation Inc reported a distributable amount of $141K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Ozuah Family Foundation Inc's EIN?

Ozuah Family Foundation Inc's EIN (Employer Identification Number) is 81-4612706. IRS Form 990 filing data is available on this page for 2020–2024.

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

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