Ottenstein Family Foundation Inc
- Assets
- $0.0
- Revenue
- $252.9k
- Investments
- $1.3m
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 10/1961
- Data as of
- 04/2020
- EIN
- 52-6036064
Organization Overview
Ottenstein Family Foundation Inc is located in Milwaukee, WI. The organization was established in 1961. 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. Ottenstein Family 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 04/2020, Ottenstein Family Foundation Inc generated $252.9k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 53.1% each year . All expenses for the organization totaled $78.4k during the year ending 04/2020. While expenses have increased by 9.5% per year over the past 3 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 2019, Ottenstein Family Foundation Inc has awarded 16 individual grants totaling $1,318,503. 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 |
|---|---|---|---|
Jane Ottenstein President | 5 | $3,500 | |
Mark Gleischman Secretary/treasurer | 0.5 | $7,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $12,980 |
| Dividends & Interest | $8,958 |
| Profit on Inventory Sales | $0 |
| Other Income | $230,920 |
| Total Revenue | $252,857 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,619 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $34,684 |
| Contributions, gifts, grants paid | $43,750 |
| Total expenses and disbursements | $78,434 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,259 |
| Investments—mortgage loans | $0 |
| Investments—other | $929,081 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Ottenstein Family Foundation Inc has awarded $1,247,603 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
TIERRA SANTA FIRE DEPARTMENT PURPOSE: PUBLIC SAFETY | $5,000 |
JEWISH NATONAL FUND (KEREN KAYEMETH LEISRAEL) INC EIN 13-1659627 PURPOSE: COMMUNITY BUILDING | $165,038 |
JEWISH NATONAL FUND (KEREN KAYEMETH LEISRAEL) INC EIN 13-1659627 PURPOSE: COMMUNITY BUILDING | $167,710 |
JEWISH NATONAL FUND (KEREN KAYEMETH LEISRAEL) INC EIN 13-1659627 PURPOSE: COMMUNITY BUILDING | $908,843 |
GENIUS 100 FOUNDATION PURPOSE: COMMUNITY BUILDING | $1,012 |