Otto And Marianne Wolman Foundation
- Assets
- $4.4m
- Revenue
- $542.7k
- Investments
- $4.2m
- Employees
- 0
- Location
- Placentia, CA
- Founding
- 11/1998
- Data as of
- 12/2021
- EIN
- 33-0822925
Organization Overview
Otto And Marianne Wolman Foundation is located in Placentia, CA. The organization was established in 1998. 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. Otto And Marianne Wolman 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 12/2021, Otto And Marianne Wolman Foundation generated $542.7k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 13.8% each year . All expenses for the organization totaled $291.2k during the year ending 12/2021. While expenses have increased by 17.7% per year over the past 4 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 2020, Otto And Marianne Wolman Foundation has awarded 39 individual grants totaling $460,000. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ruth E Wolman President | 5 | $0 | |
Laurence David Harris Secretary And Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $163,504 |
| Interest on Savings | $17 |
| Dividends & Interest | $165,477 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $213,671 |
| Capital Gain Net Income | $213,671 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $542,669 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,641 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $40,066 |
| Total operating and administrative expenses | $51,150 |
| Contributions, gifts, grants paid | $240,000 |
| Total expenses and disbursements | $291,150 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $233,644 |
| 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 | $1,859,103 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,388,102 |
| 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 |
Grants Awarded
Over the last fiscal year, Otto And Marianne Wolman Foundation has awarded $240,000 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
NEW ISRAEL FUND PURPOSE: ALLIANCE FOR ISRAEL'S FUTURE - SUPPORT JEWISH-ARAB CIVIC MOVEMENT IN MIXED CITY OF LOD. STANDING TOGETHER - SUPPORT JEWISH & ARAB ISRAELI ACTIVISTS WORKING TO PROMOTE MORE INCLUSIVE, EQUAL & SOCIALLY JUST SOCIETY FOR ALL. MECHINOT - SUPPORT PILOT PROGRAM TO EXPOSE ISRAELI YOUTH TO EFFECTS OF WEST BANK OCCUPATION. | $25,000 |
NEW GROUND A MUSLIM-JEWISH PARTNERSHIP FOR CHANGE PURPOSE: SUPPORTS COMMUNITY-BUILDING PROGRAMS THAT CREATE, CONNECT AND EMPOWER JEWISH AND MUSLIM CHANGE-MAKERS, ALSO THE WIDER COMMUNITY. SPECIALLY, TO LAY GROUNDWORK FOR A SENIOR LEDERSHIP COHORT. | $20,000 |
AMERICAN FRIENDS OF KIDUMADVANCEMENT OF EDUCATION IN ISRAEL PURPOSE: DONOR ADVISED: CONTRIBUTE TO HIGH SCHOOL CHEMISTRY LAB RENOVATION AT SINDIANA ARAB YOUTH VILLAGE FOR LEADERSHIP. | $20,000 |
Washington, DC PURPOSE: SUPPORT ISRAELI AND PALESTINIAN NON-VIOLENT CIVIC PEACE BUILDING THROUGH MEDIA (FILM & ON-LINE NEWS) AND EDUCATION. | $20,000 |
New York, NY PURPOSE: SUPPORT YOUTH WHO WORK FOR SOCIAL CHANGE, ECONOMIC JUSTICE & COMMUNITY BUILDING IN AREAS OF POVERTY WITHIN U.S. CITIES. FOCUS THIS YEAR ON NEW PROGRAM IN SAN DIEGO, CA. | $20,000 |
New York, NY PURPOSE: PROJECTS IN LATIN AMERICA AND CARIBBEAN THAT ADDRESS LAND, WATER AND CLIMATE JUSTICE. DISASTER AND COVID-19 RELIEF. | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dr Miriam And Sheldon G Adelson Las Vegas, NV | $37,664,470 | $5,516,038 |
Shimon Ben Joseph Foundation San Francisco, CA | $1,592,283,787 | $39,921,005 |
Alfred C Munger Foundation Los Angeles, CA | $17,737,694 | $91,163,030 |
Hellman Foundation San Francisco, CA | $693,471,633 | $133,789,010 |
The Eric And Wendy Schmidt Fund For Strategic Innovation Palo Alto, CA | $1,715,568,763 | $412,161,407 |
Omidyar Network Fund Inc Redwood City, CA | $490,038,780 | $21,031,743 |
Sobrato Family Foundation Mountain View, CA | $811,956,453 | $266,068,436 |
Moore Family Foundation Incline Village, NV | $173,909 | $5,659,701 |
Benificus Foundation San Carlos, CA | $13,481,294 | $1,960,393 |
H&h Evergreen Foundation Menlo Park, CA | $393,647,714 | $39,435,652 |
The Energy Foundation San Francisco, CA | $108,278,429 | $83,158,939 |
Stupski Foundation San Francisco, CA | $0 | $134,835,311 |