The Octavia Foundation

Foundation · Grantmaker Reno, NV EIN: 20-3393226

The Octavia Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Reno, NV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 3 grants totaling $106K. Net investment income was $83K.

Key facts about The Octavia Foundation

EIN: 20-3393226
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $106,000
Grants made (2024): 3
Average grant: $35,333
Median grant: $25,000
Total assets: $1,156,662
Primary geography: Louisiana (71% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who The Octavia Foundation funds

By grant dollars, the top recipient states for The Octavia Foundation's 3 itemized 2024 grants were Louisiana (71%), New York (24%) and New Jersey (6%). 33% of grants with a stated purpose were for general or operating support.

How The Octavia Foundation gives

Giving fell 56% from 2021 to 2024. Method
In 2024 it paid out 200% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with The Octavia Foundation

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.2M

-3.9% YoY

Annual Giving

$106K

-26.1% YoY

Grant Count

-25.0% YoY

Avg Grant Size

$35K

-1.5% YoY

Under IRS private-foundation payout rules, The Octavia Foundation reported a distributable amount of $63K for 2024 — the minimum it must pay out in qualifying distributions.

About The Octavia Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Louisiana $75K (71%)

New York $25K (24%)

New Jersey $6K (6%)

Share of all 3 itemized 2024 grant dollars.

States

Florida Louisiana Maryland New Jersey New York

Cities

New OrleansHunt ValleyBasking RidgePalmetto BayHobe SoundNew YorkBronxLong IslandMendhamMiamiPalm City

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,156,662	$1,203,002	$1,333,593
Revenue	$103,630	$49,297	$91,068
Expenses	$149,970	$179,888	$185,538
Qualifying Distributions	$125,905	$160,836	$169,129
Net Investment Income	$82,615	$31,295	$75,711
Distributable Amount	$62,798	$64,300	$73,333

Data update history

When this profile's IRS filing data changed on Grantable

March 1, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Grant Size Distribution

27 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Firstline Schools ($75,000), Multiplying Good Inc ($25,000), Basking Ridge Presbyterian Church ($6,000).

Recipient	Purpose	Amount
FIRSTLINE SCHOOLS New Orleans, LA	IN SUPPORT OF EDIBLE SCHOOLYARD NEW ORLEANS PROGRAM	$75,000
MULTIPLYING GOOD INC New York, NY	IN SUPPORT OF GENERAL OPERATIONS	$25,000
BASKING RIDGE PRESBYTERIAN CHURCH Basking Ridge, NJ	IN SUPPORT OF GOD'S Co-op PANTRY	$6,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Nancy Rutter Clark	President	—	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is The Octavia Foundation?

The Octavia Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Reno, NV. It holds $1.2M in total assets as of 2024.

How large is The Octavia Foundation?

As of 2024, The Octavia Foundation holds $1.2M in total assets with $104K in annual revenue. It awarded 3 grants totaling $106K in 2024.

Where does The Octavia Foundation operate?

The Octavia Foundation has awarded grants in Florida, Louisiana, Maryland, New Jersey, New York.

What size grants does The Octavia Foundation award?

In 2024, The Octavia Foundation awarded 3 grants totaling $106K — an average of about $35K per grant, based on its IRS Form 990 filings.

How much is The Octavia Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Octavia Foundation reported a distributable amount of $63K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.