Octavia Foundation
- Assets
- $1.3m
- Revenue
- $91.1k
- Investments
- $1.3m
- Employees
- 0
- Location
- Reno, NV
- Founding
- 06/2007
- Data as of
- 12/2022
- EIN
- 20-3393226
Organization Overview
Octavia Foundation is located in Reno, NV. The organization was established in 2007. 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. Octavia 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 12/2022, Octavia Foundation generated $91.1k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $185.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (5.5%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Octavia Foundation has awarded 29 individual grants totaling $871,000. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $39,439 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $51,629 |
| Capital Gain Net Income | $51,629 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $91,068 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,571 |
| Total operating and administrative expenses | $30,538 |
| Contributions, gifts, grants paid | $155,000 |
| Total expenses and disbursements | $185,538 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,481 |
| Savings and temporary cash investments | $1,380 |
| 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 | $1,333,593 |
| 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, Octavia Foundation has awarded $155,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
FIRSTLINE SCHOOLS PURPOSE: IN SUPPORT OF EDIBLE SCHOOLYARD NEW ORLEANS PROGRAM | $50,000 |
THE EVERGLADES FOUNDATION PURPOSE: IN SUPPORT OF GENERAL OPERATIONS | $50,000 |
PROJECT LIFT INC PURPOSE: IN SUPPORT OF GENERAL OPERATIONS IN THE BANNER LAKE AREA OF HOBE SOUND | $25,000 |
FRIENDS OF ZARA'S CENTER PURPOSE: IN SUPPORT OF GENERAL OPERATIONS | $25,000 |
BASKING RIDGE PREBYTERIAN CHURCH PURPOSE: IN SUPPORT OF GOD'S CO-OP PANTRY | $5,000 |