Ohrstrom Foundation Inc
- Assets
- $0.0
- Revenue
- $7.1m
- Investments
- $66.8m
- Employees
- 0
- Location
- Harrison, NY
- Founding
- 02/1957
- Data as of
- 05/2021
- EIN
- 54-6039966
Organization Overview
Ohrstrom Foundation Inc is located in Harrison, NY. The organization was established in 1957. 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. Ohrstrom 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 05/2021, Ohrstrom Foundation Inc generated $7.1m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 19.5% each year . All expenses for the organization totaled $11.5m during the year ending 05/2021. While expenses have increased by 23.2% 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, Ohrstrom Foundation Inc has awarded 87 individual grants totaling $15,378,172. 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) | Role | Hours | Compensation |
|---|---|---|---|
Wcarey Crane III Vice President & Director | 1 | $0 | |
Clarke Ohrstrom Vice President & Director | 1 | $0 | |
Kristiane C Graham Vice President & Director | 1 | $0 | |
Mark J Ohrstrom Treasurer | 1 | $0 | |
Jennifer L Franklin Secretary | 1 | $0 | |
Winifred O Nichols Director | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Tcc Group | 5/30/21 | $183,503 |
Disciplined Capital Management | 5/30/21 | $65,207 |
Tcc Group | 10/14/21 | $121,754 |
Simpson Thacher & Bartlett Llp | 10/14/21 | $115,392 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $114 |
| Dividends & Interest | $2,245,813 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $7,060,438 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $78 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $540,977 |
| Contributions, gifts, grants paid | $10,978,172 |
| Total expenses and disbursements | $11,519,149 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $48,091,351 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Ohrstrom Foundation Inc has awarded $10,978,172 in support to 50 organizations.
| Grant Recipient | Amount |
|---|---|
VANGUARD CHARITABLE PURPOSE: SALMSON FUND | $3,043,474 |
VANGUARD CHARITABLE PURPOSE: BRYANT CRANE FUND | $3,043,474 |
VANGUARD CHARITABLE PURPOSE: HOPEWELL FUND | $3,043,474 |
ACT FOR LEBANON PURPOSE: SUPPORT FOR ARCENCIEL AND NUSANED | $100,000 |
THE 5 GYRES INSTITUTE PURPOSE: GENERAL OPERATING SUPPORT | $80,000 |
RAINFOREST TRUST PURPOSE: GENERAL SUPPORT | $75,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arnhold Foundation Inc New York, NY | $497,481,101 | $53,665,580 |
The Morningside Foundation Newton Centre, MA | $22,445,720 | $11,895,776 |
Prudential Foundation Inc Newark, NJ | $137,651,624 | $53,115,847 |
The Grace And Mercy Foundation Inc New York, NY | $617,102,449 | $100,220,039 |
The Patrick J Mcgovern Foundation Inc Boston, MA | $1,660,673,846 | $20,910,577 |
One8 Foundation Boston, MA | $488,764,350 | $32,279,319 |
Peter G Peterson Foundation New York, NY | $1,055,700,983 | $50,280,779 |
Leon Levy Foundation New York, NY | $614,122,389 | $121,596,253 |
Shubert Foundation Inc New York, NY | $671,108,588 | $57,657,953 |
J Howard Pew Freedom Tr Philadelphia, PA | $675,828,558 | $64,346,772 |
Mccune Foundation Pittsburgh, PA | $180,488,577 | $38,182,239 |
Hauser Foundation Inc New York, NY | $0 | $9,971,722 |