RSO Foundation

INCLINE VILLAGE, NV EIN: 87-3044183

The Richard and Shirley Otto Foundation (RSO Foundation) is a private foundation located in Incline Village, Nevada. Established in 2022, the foundation was created to honor the legacy of Richard and Shirley Otto, who were deeply committed to animal welfare and recognized the importance of the human-animal bond.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$7.7M

-10.6% YoY

Annual Giving

$902K

-2.9% YoY

Grant Count

34

-22.7% YoY

Avg Grant Size

$27K

+25.7% YoY

Under IRS private-foundation payout rules, RSO Foundation reported a distributable amount of $333K for 2024 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

Mission Statement: The Richard and Shirley Otto Foundation is dedicated to helping animals nationwide. Through innovative veterinary care initiatives and charitable giving efforts, the foundation aims to improve the lives of countless animals and advance animal welfare causes.

Primary Focus Areas:

  • Affordable veterinary care access
  • Animal rescue and welfare programs
  • Education and training for animal rescues
  • Collaboration between animal rescues, animal welfare organizations, veterinarians, and pet owners
  • Innovative programs that improve animal welfare

The foundation supports programs addressing the financial barriers that force pet owners to relinquish their animals due to cost constraints.

Grantmaking

The foundation made additional grants to animal welfare organizations, with 17 additional grants documented beyond those listed above.

Grant Range

approximately $40,900

Average Grant

approximately $40,900

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Geographic Focus

Where this funder awards grants

The foundation funds programs across multiple U.S. states, with documented giving in California, Colorado, Florida, Georgia, Hawaii, Illinois, Indiana, Maine, Minnesota, Nevada, New York, Texas, and Utah. Funding reaches both major metropolitan areas and smaller communities nationwide.

Grant Distribution by State

14states
+6 more states

Cities

AtlantaBad AxeBakersfieldCamarilloCarpinteriaChathamCoalingaCoral GablesDixonFresnoFt LauderdaleGardnervilleGlendaleGoletaIncline VillageLas VegasLighthouse PointLittletonLompocLos Angeles

Financial History

Multi-year comparison from IRS filings

Assets & Revenue (as of December 2023):

  • Total assets: $8,633,426
  • Total revenues: $39,975
  • Total expenses: $1,439,999
  • Investment income and dividends: $229,065

Revenue Composition (2023):

  • Investment income and dividends: $229,065
  • Net loss from sale of non-inventory assets: -$189,090
  • Total grants and contributions: $0 (compared to $11,678,149 in 2022)

Staffing:

  • Number of employees: 0 (foundation operates with volunteer leadership)
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$3M$6M$10M$13M2021202220232024
Metric202420232022
Total Assets$7,722,394$8,633,426$10,171,625
Revenue$439,961$39,975$11,709,634
Expenses$1,350,994$1,439,999$1,676,184
Qualifying Distributions$901,757$928,223$1,564,775
Net Investment Income$439,961$229,065$49,274
Distributable Amount$332,771$564,006$383,126

Giving Over Time

Total grant dollars and number of grants per year

$0$338K$675K$1M$1M0 grants202133 grants202244 grants202334 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Better Together Forever$320KMercy Crusade$178KFive Keys Charter School$65KSave the Wild Trout$50KAnimal Balance$40KJameson Humane Society$30KDAWG Foundation$30KOperation Kids$25KSanta Barbara Foresters$19KBob Hoover Academy$10K

Grant Size Distribution

111 grants across all recorded years

95<$50K9$50–100K4$100–250K3$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Better Together Forever ($320,000), Mercy Crusade ($178,326), Five Keys Charter School ($65,000).

RecipientPurposeAmount
Cache Foundation Smyrna, GACharitable$5,000
Gimmie Love Animal Shelter Coalinga, CACharitable$5,250
Animal Balance Portand, ORCharitable$40,000
Brandon School Goleta, CACharitable$5,000
Council on Foundations Washington, DCCharitable$4,000
Jameson Humane Society Napa, CACharitable$30,000
Bob Hoover Academy Salinas, CACharitable$10,000
The Pixie Project Portland, ORCharitable$1,000
The Pet Network Incline Village, NVCharitable$10,000
The Ocala Farm Ministry Ocala, FLCharitable$2,000

Leadership & Key People

Leadership team and compensation from IRS filings

Joseph Bourdeau — President and Founder A former banker with over 36 years of experience in Incline Village, Nevada. Bourdeau served as President and Board member of 10 local nonprofit organizations and founded the Boys and Girls Club of North Lake Tahoe and Lake Tahoe Community Trust. He met Shirley Otto in 2000 and served as trustee for five families before becoming Trustee and President of the RSO Foundation following Shirley Otto's death in 2021. Works 35 hours per week with annual compensation of $71,500.

Mirna Bourdeau — Executive Director and Founder Previously worked as household manager and caregiver for Shirley Otto for 18 years, during which she cared for Shirley's pets including Great Danes and cats. Following Shirley's passing, Mirna partnered with Joseph Bourdeau to honor Shirley's wishes to help animals in need. Mirna organizes funding requests and makes decisions on all foundation grants.

Compensation Overview

From 2024 IRS filing

Joseph BordeauPresident$65K

From 2024 filing

NameTitleHoursCompensation
Joseph BordeauPresident35$65,000

Contact

Email: RSOFund@gmail.com

Location: Incline Village, Nevada

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does RSO Foundation fund?

**Mission Statement:** The Richard and Shirley Otto Foundation is dedicated to helping animals nationwide. Through innovative veterinary care initiatives and charitable giving efforts, the foundation aims to improve the lives of countless animals and advance animal welfare causes. **Primary Focus Areas:** • Affordable veterinary care access • Animal rescue and welfare programs • Education and training for animal rescues • Collaboration between animal rescues, animal welfare organizations, veter…

How do I apply for a grant from RSO Foundation?

**Grant Activity:** • Made 33 grants in 2023 • Total grants awarded in 2023: approximately $1.4 million • Average grant size: approximately $40,900 • Median grant size: $10,000 • Typical award range: $500–$400,000 **Recent Grantees (2023):** • Mercy Crusade's Spay, Neuter and Wellness Clinic: $130,740 • Pet Network Humane Society: $36,700 • Vets in Vans: $30,240 The foundation made additional grants to animal welfare organizations, with 17 additional grants documented beyond those listed above.

Where does RSO Foundation make grants?

The foundation funds programs across multiple U.S. states, with documented giving in California, Colorado, Florida, Georgia, Hawaii, Illinois, Indiana, Maine, Minnesota, Nevada, New York, Texas, and Utah. Funding reaches both major metropolitan areas and smaller communities nationwide.

What size grants does RSO Foundation award?

In 2024, RSO Foundation awarded 34 grants totaling $902K — an average of about $27K per grant, based on its IRS Form 990 filings.

How much is RSO Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, RSO Foundation reported a distributable amount of $333K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is RSO Foundation's EIN?

RSO Foundation's EIN (Employer Identification Number) is 87-3044183. IRS Form 990 filing data is available on this page for 2021–2024.

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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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