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Private foundation (trust)EIN 921658709Est. 2023-02

OTTO FAMILY FOUNDATION

MYRTLE BEACH, SC 29577

Accepts unsolicited proposals

Total Assets

$1.2M

FY 2024

Annual Giving

$68K

FY 2024

Grants Made

11

FY 2024

Avg Grant

$6K

FY 2024

Grant Range

$500–$27K

Typical

Deadlines

Several months prior to need

Applications

Programs & Activities

Program 1

The otto family foundation did not significantly participate in direct charitable activities.

Focus Areas

Private Independent Foundations

Financial Snapshot

2024 filing

Total Revenue

$56K

Total Expenses

$81K

Qualifying Distributions

$68K

Distributable Amount

$61K

Min. Investment Return

$62K

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

11 grants

Grant sizes from minimum $500 through median $5K to maximum $27K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Top Recipients

11 grants

DAVIDSON COLLEGE
$27K
1 grant
BRUNSWICK SCHOOL
$10K
1 grant
DUKE UNIVERSITY
$10K
1 grant
SOCIETY OF THE FOUR ARTS
$5K
1 grant
WATERSIDE SCHOOL
$5K
1 grant
STJUDE CHILDREN'S HOSPITAL
$5K
1 grant
THE LORD'S PLACE INC
$3K
1 grant
COMMUNITY FUND OF DARIEN
$1K
1 grant

Grant Size Distribution

11 grants

<$10K
10
grants
$10–50K
1
grants
$50–250K
$250K–1M
$1–5M
$5M+

Geographic Focus

3 states

North Carolina
$37K
54% of total
Connecticut
$23K
33% of total
Florida
$9K
13% of total

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OTTO FAMILY FOUNDATION — Grants, Financials & Contact | Grantivo