Dennis A Otoole Family Foundation
- Assets
- $6.5m
- Revenue
- $442.5k
- Investments
- $6.0m
- Employees
- 0
- Location
- Portsmouth, NH
- Founding
- 07/1998
- Data as of
- 12/2023
- EIN
- 04-3371817
Organization Overview
Dennis A Otoole Family Foundation is located in Portsmouth, NH. 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. Dennis A Otoole Family 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, Dennis A Otoole Family Foundation generated $442.5k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $320.8k during the year ending 12/2023. While expenses have increased by 7.7% per year over the past 5 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, Dennis A Otoole Family Foundation has awarded 111 individual grants totaling $934,960. 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 |
|---|---|---|---|
Aaron W O'toole Trustee | 1 | $0 | |
Anne O'toole Salinas Trustee | 1 | $0 | |
Dennis A O'toole Fiscal Agent | 1 | $0 | |
Gertrude L O'toole Fiscal Agent | 1 | $0 | |
Kara L O'toole Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $31,763 |
| Dividends & Interest | $71,381 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $339,368 |
| Capital Gain Net Income | $339,368 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $442,512 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $481 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $150 |
| Total operating and administrative expenses | $55,006 |
| Contributions, gifts, grants paid | $265,800 |
| Total expenses and disbursements | $320,806 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,912 |
| Savings and temporary cash investments | $587,765 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,548,821 |
| 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, Dennis A Otoole Family Foundation has awarded $265,800 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN ASSOCIATION FOR STATE AND LOCAL HISTORY PURPOSE: GENERAL OPERATING SUPPORT | $4,000 |
BLOCK ISLAND CONSERVANCY PURPOSE: GENERAL OPERATING SUPPORT | $2,000 |
BLOCK ISLAND HEALTH SERVICES PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
BUILDING NEW HOPE PURPOSE: GENERAL OPERATING SUPPORT | $4,000 |
CONSERVATION VOTERS NEW MEXICO EDUCATION FUND PURPOSE: GENERAL OPERATING SUPPORT | $14,500 |
EL RANCHO DE LAS GOLONDRINAS INC PURPOSE: GENERAL OPERATING SUPPORT | $5,000 |