Otto And Marianne Wolman Foundation
- Assets
- $4.7m
- Revenue
- $393.3k
- Investments
- $4.1m
- Employees
- 0
- Location
- Placentia, CA
- Founding
- 11/1998
- Data as of
- 12/2023
- 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 12/2023, Otto And Marianne Wolman Foundation generated $393.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (11.0%) each year. All expenses for the organization totaled $381.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Otto And Marianne Wolman Foundation has awarded 77 individual grants totaling $1,109,000. 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 | $100,000 |
| Interest on Savings | $290 |
| Dividends & Interest | $184,263 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $108,540 |
| Capital Gain Net Income | $108,540 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $196 |
| Total Revenue | $393,289 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $17 |
| Taxes | $3,455 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $42,548 |
| Total operating and administrative expenses | $56,556 |
| Contributions, gifts, grants paid | $325,300 |
| Total expenses and disbursements | $381,856 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $621,561 |
| 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 | $1,667,895 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,679,799 |
| 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 $325,300 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN FRIENDS OF SOCIETY FOR ADVANCEMENT OF EDUCATION IN ISRAEL PURPOSE: DONOR ADVISED:"ENCOUNTER" DIALOGUE PROGRAM FOR SINDIANA & MAE BOYAR HIGH SCHOOL, WHEN AGAIN POSSIBLE. EMERGENCY THERAPEUTIC SUPPORT FOR STUDENTS, STAFF, PARENTS IN SAE SCHOOLS DURING CURRENT NATIONAL CRISIS. | $25,000 |
AMERICAN JEWISH WORLD SERVICE PURPOSE: DONOR ADVISED: PROJECTS IN CENTRAL AMERICA THAT ADDRESS LAND, WATER AND CLIMATE JUSTICE. | $15,000 |
APPLE HILL CENTER FOR CHAMBER MUSIC PURPOSE: DONOR ADVISED: PROVIDE PLAYING FOR PEACE SCHOLARSHIPS FOR MIDDLE EASTERN MUSICIANS TO ATTEND APPLE HILL. | $25,000 |
AVODAH THE JEWISH SERVICE CORPS PURPOSE: SUPPORT YOUTH WHO WORK FOR SOCIAL CHANGE, ECONOMIC JUSTICE & COMMUNITY BUILDING IN AREAS OF POVERTY WITHIN U.S. CITIES. | $20,000 |
CULTIVALA PURPOSE: DEVELOP COMMUNITY GARDENS IN LOS ANGELES AREAS OF FOOD INSECURITY, PROVIDE WORKSHOPS THAT TEACH HEALTHY DIETS. PROVIDE EMERGENCY FOOD DISTRIBUTION. | $10,000 |
ENCOUNTER PURPOSE: BRING INFLUENTIAL JEWISH LEADERS FROM ISRAEL & U.S. TO THE WEST BANK FOR DIRECT CONTACT WITH PALESTINIAN LEADERS IN NON-VIOLENCE, ACTIVISM, BUSINESS, MEDIA, EDUCATION AND POLITICS, WITH GOAL OF CONFLICT TRANSFORMATION. | $25,000 |