Tua Otto & Margaret Zack Char Tr is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.9M in total assets. In 2024, it awarded 4 grants totaling $325K. Net investment income was $342K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.9M
-0.4% YoY
Annual Giving
$325K
-4.4% YoY
Grant Count
4
-20.0% YoY
Avg Grant Size
$81K
+19.5% YoY
Under IRS private-foundation payout rules, Tua Otto & Margaret Zack Char Tr reported a distributable amount of $418K for 2024 — the minimum it must pay out in qualifying distributions.
About Tua Otto & Margaret Zack Char Tr
Based on IRS filings
Tua Otto & Margaret Zack Char Tr is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.9M in total assets. In 2024, it awarded 4 grants totaling $325K. Net investment income was $342K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,874,623 | $6,905,395 | $7,126,446 |
| Revenue | $398,684 | $250,632 | $386,994 |
| Expenses | $444,646 | $447,928 | $502,682 |
| Qualifying Distributions | $387,867 | $396,318 | $430,416 |
| Net Investment Income | $342,341 | $195,458 | $334,968 |
| Distributable Amount | $418,273 | $386,941 | $391,583 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
24 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Michiana Humane Society ($105,000), Humane Society of Sw Michigan ($105,000), Michigan City Zoological Society ($80,000).
| Recipient | Purpose | Amount |
|---|---|---|
| MICHIGAN CITY ZOOLOGICAL SOCIETY MICHIGAN CITY, IN | UNRESTRICTED GENERAL | $80,000 |
| MICHIANA HUMANE SOCIETY MICHIGAN CITY, IN | UNRESTRICTED GENERAL | $105,000 |
| HUMANE SOCIETY OF SW MICHIGAN ST JOSEPH, MI | UNRESTRICTED GENERAL | $105,000 |
| LAPORTE COUNTY SMALL ANIMAL SHELTER LA PORTE, IN | UNRESTRICTED GENERAL | $35,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BANK OF AMERICA | TRUSTEE | 1 | $86,215 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Tua Otto & Margaret Zack Char Tr?
Tua Otto & Margaret Zack Char Tr is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. It holds $6.9M in total assets as of 2024.
How large is Tua Otto & Margaret Zack Char Tr?
As of 2024, Tua Otto & Margaret Zack Char Tr holds $6.9M in total assets with $399K in annual revenue. It awarded 4 grants totaling $325K in 2024.
Where does Tua Otto & Margaret Zack Char Tr operate?
Tua Otto & Margaret Zack Char Tr has awarded grants in Indiana, Michigan.
What size grants does Tua Otto & Margaret Zack Char Tr award?
In 2024, Tua Otto & Margaret Zack Char Tr awarded 4 grants totaling $325K — an average of about $81K per grant, based on its IRS Form 990 filings.
How much is Tua Otto & Margaret Zack Char Tr required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Tua Otto & Margaret Zack Char Tr reported a distributable amount of $418K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Tua Otto & Margaret Zack Char Tr's EIN?
Tua Otto & Margaret Zack Char Tr's EIN (Employer Identification Number) is 30-6283082. 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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