The Foundation for the Promotion of Individual Opportunity Inc
The Foundation for the Promotion of Individual Opportunity Inc is a private foundation, based in Wilmington, DE. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.5M in total assets. In 2025, it awarded 9 grants totaling $56K. Net investment income was $91K.
The Foundation for the Promotion of Individual Opportunity Inc at a glance
In short: The Foundation for the Promotion of Individual Opportunity Inc gave $56K across 9 grants in 2025 (avg $6K), top state Maryland. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $55,900
- +22.9% vs 2024
- Grants made (2025)
- 9
- -25.0% vs 2024
- Average grant
- $6,211
- +63.8% vs 2024
- Median grant
- $3,500
- Total assets
- $1,463,610
- +1.4% vs 2024
- Primary geography
- Maryland (39% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
Who The Foundation for the Promotion of Individual Opportunity Inc funds
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2025
The largest 2025 recipient was League of California Community Foundations ($20K). Together the top 9 received $56K.
Grant Size Distribution
50 grants across all recorded years
The most common grant size was under $50K: 50 grants of 50 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 9 itemized grants.
States
Cities
How The Foundation for the Promotion of Individual Opportunity Inc gives
- Giving held roughly steady from 2022 to 2025 (+16%). Method
- In 2025 it paid out 93% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $37K (2021) to $57K (2023). In 2025 it made 9 grants totaling $56K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| League of California Community Foundations San Jose, CA | For those impacted by the Eaton fire in California | $20,000 |
| Calvert School Inc Baltimore, MD | General & Unrestricted | $11,400 |
| Big Life Foundation USA Ridgefield, WA | Wildlife.org Scholarship Fund | $5,000 |
| Medecins Sans Frontieres USA Inc Hagerstown, MD | For the Ebola crisis in Africa | $4,000 |
| Gilman School Inc Baltimore, MD | General & Unrestricted | $3,500 |
| Chi Psi Educational Trust Inc Nashville, TN | For Alpha Psi of Chi Psi | $3,000 |
| Church of the Redeemer Baltimore, MD | General & Unrestricted | $3,000 |
| Virgin Islands Montessori School Inc St Thomas, VI | General & Unrestricted | $3,000 |
| Youth Advocate Programs Inc Harrisburg, PA | For Baltimore, Maryland | $3,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,463,610 | $96,110 | $75,550 | $55,900 | 9 | $63,947 | $90,748 | $68,721 |
| 2024 | $1,443,050 | $74,082 | $66,681 | $45,500 | 12 | $55,869 | $77,794 | $65,742 |
| 2023 | $1,435,649 | $43,811 | $77,059 | $56,500 | 11 | $66,524 | $57,254 | $60,895 |
| 2022 | $1,468,897 | $68,153 | $69,538 | $48,000 | 9 | $58,464 | $59,579 | $64,086 |
| 2021 | $1,470,282 | $579,521 | $61,309 | $36,800 | 9 | $46,604 | $570,565 | $60,024 |
| 2020 | $952,070 | $41,445 | $53,474 | $39,400 | 7 | — | $35,875 | $42,731 |
| 2019 | $964,099 | $19,496 | $52,471 | $36,917 | 6 | — | $40,112 | $45,842 |
Under IRS private-foundation payout rules, The Foundation for the Promotion of Individual Opportunity Inc reported a distributable amount of $69K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Foundation for the Promotion of Individual Opportunity Inc is led by Charles M Ober, President, Director & Secretary on every filing since 2019; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Charles M Ober
President, Director & Secretary
On filings since 2019
1 hr/week
No compensation reported
Jacqueline Ober
Vice President
On filings since 2019
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Foundation for the Promotion of Individual Opportunity Inc
How much does The Foundation for the Promotion of Individual Opportunity Inc give each year?
The Foundation for the Promotion of Individual Opportunity Inc gave $56K across 9 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $46K across 12 grants.
What is The Foundation for the Promotion of Individual Opportunity Inc's typical grant size?
The Foundation for the Promotion of Individual Opportunity Inc's median grant in 2025 was $3,500, and its average grant was $6,211, across 9 grants on its 2025 IRS Form 990-PF.
Where does The Foundation for the Promotion of Individual Opportunity Inc give grants?
The Foundation for the Promotion of Individual Opportunity Inc's top state is Maryland, with 39% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were California (36%) and Washington (9%). The most frequent recipient cities were Baltimore, MD (3 grants).
Does The Foundation for the Promotion of Individual Opportunity Inc give general operating support?
Yes: 44% of The Foundation for the Promotion of Individual Opportunity Inc's 2025 grants with a stated purpose (4 of 9) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are The Foundation for the Promotion of Individual Opportunity Inc's largest grantees?
The Foundation for the Promotion of Individual Opportunity Inc's largest 2025 grantees include League of California Community Foundations ($20,000), Calvert School Inc ($11,400) and Big Life Foundation USA ($5,000), according to its 2025 IRS Form 990-PF. Together they received 65% of its itemized 2025 grant dollars.
How large is The Foundation for the Promotion of Individual Opportunity Inc?
The Foundation for the Promotion of Individual Opportunity Inc reported $1.5M in total assets on its 2025 IRS Form 990-PF. It paid out $64K in qualifying distributions that year, against a required minimum of $69K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is The Foundation for the Promotion of Individual Opportunity Inc's EIN?
The Foundation for the Promotion of Individual Opportunity Inc's EIN (Employer Identification Number) is 27-4000049. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS May 14, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 9, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS July 7, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS March 28, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 18, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS July 2, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 3, 2026)
- IRS filings on file for fiscal years 2019–2025
Live grants for the work The Foundation for the Promotion of Individual Opportunity Inc funds
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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
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