Foundation For The Promotion Of Individual Opportunity Inc

Organization Overview

Foundation For The Promotion Of Individual Opportunity Inc is located in Wilmington, DE. The organization was established in 2011. 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. Foundation For The Promotion Of Individual Opportunity 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 12/2022, Foundation For The Promotion Of Individual Opportunity Inc generated $68.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $69.5k during the year ending 12/2022. While expenses have increased by 2.3% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Foundation For The Promotion Of Individual Opportunity Inc has awarded 54 individual grants totaling $283,677. 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.

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Board, Officers & Key Employees

Name (title)Compensation
Charles M Ober
Pres, Dir, Sec
$0
Jacqueline Ober
VP
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $220
Dividends & Interest $47,378
Net Rental Income$0
Net Gain on Sale of Assets $20,555
Capital Gain Net Income $20,555
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $68,153

Grants Awarded

Over the last fiscal year, Foundation For The Promotion Of Individual Opportunity Inc has awarded $48,000 in support to 9 organizations.

Grant RecipientAmount

MERCY CORPS

PURPOSE: FOR UKRAINIAN RELIEF EFFORTS

$20,000

ALLIANCE FOR OPEN SOCIETY INTERNATIONAL INC

Org PageRecipient Profile

New York, NY

PURPOSE: BALTIMORE DIVISION

$5,000

CALVERT SCHOOL INC

Org PageRecipient Profile

Baltimore, MD

PURPOSE: INSTITUTE FOR LEADERSHIP & PURPOSE

$5,000

CALVERT SCHOOL INC

Org PageRecipient Profile

Baltimore, MD

PURPOSE: GENERAL & UNRESTRICTED

$5,000

BIG LIFE FOUNDATION USA

Org PageRecipient Profile

Ridgefield, WA

PURPOSE: WILDLIFE SCHOLARSHIPS FUND

$3,000

GILMAN SCHOOL INC

Org PageRecipient Profile

Baltimore, MD

PURPOSE: GENERAL & UNRESTRICTED

$3,000
View Grant Profile

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