Obermayer Foundation Inc
- Assets
- $4.8m
- Revenue
- $675.5k
- Investments
- $4.1m
- Employees
- 0
- Location
- Dedham, MA
- Founding
- 04/1981
- Data as of
- 09/2023
- EIN
- 04-2711822
Organization Overview
Obermayer Foundation Inc is located in Dedham, MA. The organization was established in 1981. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Obermayer Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2023, Obermayer Foundation Inc generated $675.5k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $868.7k during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Obermayer Foundation Inc has awarded 129 individual grants totaling $805,066. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES AWARDS TO GERMAN CITIZENS, INVIDIVUALS OR GROUPS, THROUGH WIDEN THE CIRCLE PROGRAM. THE AWARDS HONOR GERMANS WHO HAVE DOCUMENTED, COMMEMORATED, AND BREATHED NEW LIFE INTO JEWISH COMMUNITIES THAT WERE DESTROYED BY THE NAZIS, AS WELL AS INNOVATORS WHO HAVE FOUND CREATIVE WAYS TO USE THE LESSONS OF HISTORY TO PREVENT CONTEMPORARY BIGOTRY AND FOSTER UNDERSTANDING AMONG DIFFERENT CULTURES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Judith H Obermayer President, Director And Treasurer | 20 | $0 | |
Joel B Obermayer Director | 40 | $88,200 | |
Marjorie H Raven Director | 5 | $0 | |
Henry M Obermayer Director | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Moritz Schmidt | 9/29/23 | $82,567 |
Liminality Partners Llc | 9/29/23 | $82,250 |
Craig Bysrynski | 9/29/23 | $57,156 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $69,473 |
| Interest on Savings | $9,394 |
| Dividends & Interest | $126,341 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $470,251 |
| Capital Gain Net Income | $470,251 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $79 |
| Total Revenue | $675,538 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $88,200 |
| Other employee salaries and wages | $113,226 |
| Pension plans, employee benefits | $5,924 |
| Interest | $0 |
| Taxes | $16,950 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $116,361 |
| Printing and publications | $0 |
| Other expenses | $85,192 |
| Total operating and administrative expenses | $857,188 |
| Contributions, gifts, grants paid | $11,500 |
| Total expenses and disbursements | $868,688 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,912 |
| Savings and temporary cash investments | $439,346 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $25,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,253,863 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $220,420 |
| Total assets | $4,812,094 |
| Accounts payable and accrued expenses | $19,477 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $22,023 |
| Total liabilities | $41,500 |
Grants Awarded
Over the last fiscal year, Obermayer Foundation Inc has awarded $11,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
LEO BAECK INSTITUTE PURPOSE: COMMUNITY & CHARITABLE - GERMAN-SPEAKING JEWS | $10,000 |
HAROLD GRINSPOON FOUNDATION PURPOSE: COMMUNITY & CHARITABLE | $1,500 |