Oberman Foundation is located in Scottsdale, AZ. The organization was established in 2008. 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. Oberman Foundation 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 12/2022, Oberman Foundation generated $31.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 41.0% each year . All expenses for the organization totaled $50.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Oberman Foundation has awarded 59 individual grants totaling $230,290. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHARITABLE GRANTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jane Oberman Trustee | 0 | $0 | |
James L Oberman Executive Director | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $17,230 |
Interest on Savings | $0 |
Dividends & Interest | $11,169 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $2,672 |
Capital Gain Net Income | $2,672 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $31,071 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $517 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $6,234 |
Total operating and administrative expenses | $10,345 |
Contributions, gifts, grants paid | $39,850 |
Total expenses and disbursements | $50,195 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $8,107 |
Savings and temporary cash investments | $411,715 |
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 | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $419,822 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Total liabilities | $0 |
Over the last fiscal year, Oberman Foundation has awarded $39,850 in support to 7 organizations.
Grant Recipient | Amount |
---|---|
BETH MYRIAM INTERNATIONAL PURPOSE: CHARITY | $600 |
BLESSED SACRAMENT CHURCH PURPOSE: CHARITY | $6,500 |
MARYKNOLL LAY MISSIONARIES PURPOSE: CHARITY | $28,835 |
SARAH VILLAR MEMORIAL FUND PURPOSE: CHARITY | $1,000 |
ED ASNER FAMILY TRUST PURPOSE: CHARITY | $1,000 |
LOCAL SUPERIOR OF SISTERS OF THE MO PURPOSE: CHARITY | $1,315 |